About Kingfisher Airlines Limited
Data last updated:
Kingfisher Airlines Limited is a public limited company based in Bangalore, Karnataka, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the air transport services segment of the transport and logistics sector. It was incorporated on 15 June 1995.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN L85110KA1995PLC018045. The company has 3 GST registrations on record, none of which is active. It is recorded as listed by MCA, but its shares were delisted from NSE on 30 May 2018 · compulsory delisting and from BSE on 11 May 2018 · compulsory delisting, and no longer trade on a stock exchange.
The company has an authorised share capital of ₹4,250 Cr and a paid-up capital of ₹1,361.82 Cr. It was formerly known as Deccan Aviation Limited and Deccan Aviation Private Limited. It is led by directors including Vijay Mallya and Ayani Kurussi Ravindranath Nedungadi.
Its last annual general meeting (AGM) was held on 24 September 2013, and its latest financial statements are for the year ended 31 March 2013. The registered office is at Ub Tower Level 12 Ub City 24 Vittal Mallya Road, Bangalore, Karnataka, India – 560001.
The company is associated with 1 brand: Flykingfisher. As per MCA filings, the company has open charges of ₹12,796 Cr and satisfied charges of ₹768.88 Cr on record. Court records list 257 cases involving the company, including 73 filed by the company and 184 filed against it; 22 cases are pending. The company has 1 deal on record (1 funding round); the latest was in March 2005.
The last known website on record is flykingfisher.com.
Company details
Name history
Kingfisher Airlines has undergone 2 name changes throughout its history. The company was previously known as Deccan Aviation Limited, and Deccan Aviation Private Limited. The current legal name is Kingfisher Airlines Limited.
| Company Name | Status |
|---|---|
| Kingfisher Airlines Limited | Current |
| Deccan Aviation Limited | Previous |
| Deccan Aviation Private Limited | Previous |
CIN history
Kingfisher Airlines has one previous CIN (Corporate Identification Number): U85110KA1995PLC018045. The current CIN is L85110KA1995PLC018045, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L85110KA1995PLC018045 | Current |
| U85110KA1995PLC018045 | Previous |
Contact details
Kingfisher Airlines Limited's registered office is in Bangalore, Karnataka.
- Registered AddressUb Tower Level 12 Ub City 24 Vittal Mallya Road, Bangalore, Karnataka, India – 560001
- IndustryTransport and Logistics, Air Transport Services, Air Cargo Services & Logistics
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Kingfisher Airlines operates one associated brand: Flykingfisher. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Passenger and cargo air services are provided across India. | flykingfisher.com |
Financials of Kingfisher Airlines Limited
FY 2013 filings availableFinancial Statement Summary
| Metrics | FY 2012-13 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | |
| Other Income | |
| Total Revenue | |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | |
| Balance Sheet | |
| Share Capital | |
| Reserves and Surplus | |
| Net Worth (Total Equity) | |
| Long-term Borrowings | |
| Short-term Borrowings | |
| Trade Payables | |
| Total Liabilities | |
| Fixed Assets | |
| Investments | |
| Inventories | |
| Trade Receivables | |
| Cash and Bank Balance | |
| Total Assets | |
Financial Ratios
| Metrics | FY 2012-13 |
|---|---|
| Profitability | |
| EBITDA Margin | |
| Net Profit Margin | |
| Return on Equity (ROE) | |
| Return on Capital Employed (ROCE) | |
| Return on Assets (ROA) | |
| Liquidity and Debt | |
| Current Ratio | |
| Quick Ratio | |
| Debt-to-Equity Ratio | |
| Interest Coverage Ratio | |
| Efficiency and Growth | |
| Asset Turnover | |
| Receivable Days | |
| Payable Days | |
| Inventory Days | |
| Revenue Growth | |
| Net Profit Growth | |
To see the full financial statements and ratios of Kingfisher Airlines Limited, buy the company report.
Board of directors of Kingfisher Airlines Limited
Kingfisher Airlines has 3 current directors and 25 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vijay Mallya | Director | 31 Oct 2007 | 19 Years 0 Months | As last reported |
| Ayani Kurussi Ravindranath Nedungadi | Director | 31 Oct 2007 | 19 Years 0 Months | As last reported |
| Subhash Raghunath Gupte Also directs: Hyderabad Electronic Instruments Limited | Director | 28 Jan 2009 | 17 Years 9 Months | As last reported |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Mar 2012 | 10354707 | State Bank of India | ₹45 Cr | Open | |
| 03 Mar 2012 | 10342140 | Indian Overseas Bank | ₹20 Cr | Open | |
| 15 Mar 2011 | 10283429 | Corporation Bank | ₹100 Cr | Open | |
| 21 Dec 2010 | 10264668 | Sbicap Trustee Company Limited | ₹5,574.14 Cr | Open | |
| 01 Oct 2010 | 10247288 | Central Bank of India | ₹350 Cr | Open |
To see the full charge records of Kingfisher Airlines Limited, buy the company report.
Total charge records: 75 View all charges
Deals & funding
Kingfisher Airlines Limited has 1 deal on record (1 funding round); the latest was in March 2005.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2005 | Funding round | Undisclosed | Investors: Capital Group |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Kingfisher Airlines Limited has 257 court cases on record: 73 filed by Kingfisher Airlines, 184 filed against it. 22 cases are pending and 235 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 131 | 100 | 14 |
| High courts | 116 | 81 | 8 |
| Supreme Court | 10 | 3 | 0 |
Cases on record (5 of 257)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Writ petition | Filed against the company by Sbicap Trustee Company Ltd., and 13 others | Pending |
| High Court, MAHARASHTRA | Interim or miscellaneous application | Filed by the company against Ascent Air Pvt. Ltd. | Pending |
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed against the company by Visskan Aviation Pvt. Ltd K.Chandramohan, V.Sakthivel,Tamilselvi Santhanaraman,M.R.Sivakumar,M.Santhanaraman | Disposed |
| High Court, TAMIL NADU | Appeal | Filed against the company by Visskan Aviation Pvt. Ltd K.Chandramohan, M.Santhanaraman,M.R.Sivakumar,Tamilselvi Santhanaraman,V.Sakthivel | Disposed |
| District court, Hyderabad Central, Telangana | Court case (CC - NI) | Filed against the company by GMR Hyderabad International Airport Limited | Disposed |
To see the full case history of Kingfisher Airlines Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Kingfisher Airlines Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Kingfisher Airlines has 3 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Kingfisher Airlines Limited, buy the company report.
Recent activity
Kingfisher Airlines Limited has 51 board changes on record since 1995: 27 appointments and 24 cessations. The latest: Srinivasulu Reddy Magunta ceased to be Additional Director on 07 Mar 2016.
156 earlier events are in the company report.
News
Frequently asked questions
Kingfisher Airlines is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Kingfisher Airlines is a company under liquidation, formerly operating as a public limited company based in Bangalore, Karnataka, India. The company works in air transport services, within the transport and logistics industry. It was incorporated on 15 June 1995 and is registered under CIN L85110KA1995PLC018045. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Kingfisher Airlines has 3 current directors:
- Vijay Mallya - Director
- Ayani Kurussi Ravindranath Nedungadi - Director
- Subhash Raghunath Gupte - Director
The latest financial statements of Kingfisher Airlines on record with the MCA are for the year ended 31 March 2013. Its last annual general meeting was held on 24 September 2013. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Kingfisher Airlines is L85110KA1995PLC018045. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kingfisher Airlines is recorded as a listed company by MCA, but its shares were delisted from NSE on 30 May 2018 · compulsory delisting and from BSE on 11 May 2018 · compulsory delisting, and no longer trade on a stock exchange.
Kingfisher Airlines has open charges of ₹12,796 Cr and satisfied charges of ₹768.88 Cr as per latest MCA filings.
Kingfisher Airlines has 257 court cases on record: 73 filed by the company and 184 filed against it. 22 are pending. Most are in the district courts.
Kingfisher Airlines was incorporated on 15 June 1995. It is registered with the Registrar of Companies, Bangalore.
Kingfisher Airlines has 1 deal on record (1 funding round); the latest was in March 2005.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
