MSME (Udyam registered) Ministry of MSME
- Category
- Small (2021-22)
- Udyam number
- UDYAM-DL-03-0004323
Lalit Airways Private Limited - transport and logistics in New Delhi, Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2020
₹21.98 Cr
▲ 302% YoY
Net profit · FY 2020
₹29.9 Lakh
Net margin 1.4%
EBITDA · FY 2020
₹1.35 Cr
EBITDA margin 6.1%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹9 Lakh
Issued & subscribed
Open charges
₹3.4 Cr
Secured borrowings
Company age
34 yrs
Est. 1992
Employees · EPFO
9
Provident fund records
About Lalit Airways Private Limited
Data last updated:
Lalit Airways Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the air cargo services and logistics segment of the transport and logistics sector. It was incorporated on 31 July 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL1992PTC049776. The company has 3 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹9 Lakh. It is led by directors Lovish Mahendru and Gaurang Mahendru.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at 8584 – Ug – 2 Arakashan Road Ram Nagar, New Delhi, Delhi, India – 110055.
As per the financials filed for FY 2020, the company reported a revenue of ₹21.98 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹29.9 Lakh (net margin 1.4%) and EBITDA of ₹1.35 Cr (EBITDA margin 6.1%). Revenue has grown at a compounded annual rate (CAGR) of 215% over three years and 29% over five years.
The company has about 9 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹3.4 Cr on record. Court records list 17 cases involving the company, including 3 filed by the company and 14 filed against it; 2 cases are pending.
Lalit Airways Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-03-0004323). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website lalitairways.com.
Company details
CIN U74899DL1992PTC049776
Registration Number 049776
Incorporation Date 31 July 1992
ROC Delhi
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-DL-03-0004323
Recognitions & Rankings of Lalit Airways
Contact details
Lalit Airways Private Limited's registered office is in New Delhi, Delhi. Its website is lalitairways.com. Its e-mail address is in the company report.
- Email
- Website
- Registered Address8584 – Ug – 2 Arakashan Road Ram Nagar, New Delhi, Delhi, India – 110055
- IndustryTransport and Logistics, Air Cargo Services & Logistics, Carriers Services
To see the full contact details of Lalit Airways Private Limited, buy the company report.
Comprehensive company report
Lalit Airways Private Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Lalit Airways is transport and storage. In detail, this covers land transport via road.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transport and storage | H1 | Land Transport via Road |
To see the full business activity and turnover split of Lalit Airways Private Limited, buy the company report.
Financials of Lalit Airways Private Limited
FY 2020 filings availableLalit Airways Private Limited reported revenue of ₹21.98 Cr (up 302% YoY) for FY 2020.
Revenue · FY 2020
₹21.98 Cr ▲ 302%
Net profit · FY 2020
₹29.9 Lakh margin 1.4%
EBITDA · FY 2020
₹1.35 Cr margin 6.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 302%
3 years · compounded
▲ 215%
5 years · compounded
▲ 29%
EBITDA CAGR growth
1 year
▲ 120%
3 years · compounded
▲ 74%
5 years · compounded
▲ 47%
Revenue has grown at a compounded annual rate (CAGR) of 29% over five years, including 302% growth in the latest year. EBITDA rose 120% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹21.98 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.35 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹29.9 Lakh | ||||
| 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.1% | ||||
| Net Profit Margin | 1.4% | ||||
| 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 Lalit Airways Private Limited, buy the company report.
Board of directors of Lalit Airways Private Limited
Lalit Airways has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Lovish Mahendru | Director | 01 Sep 2018 | 8 Years 2 Months | Current |
| Gaurang Mahendru | Additional Director | 25 Apr 2021 | 5 Years 6 Months | Current |
Peer comparison
Lalit Airways Private Limited is compared with the 5 companies closest to it by revenue in the Transport and Logistics industry (Air Cargo, Road Carriers and Trucking), with the same principal business activity (land transport via road), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Haulways Private Limited | ₹22.06 Cr (FY 2023) | 18.0% | Namakkal, Tamil Nadu, India | |||
| Fortigo Transport Agency Private Limited | ₹22.03 Cr (FY 2023) | -16.0% | Bangalore, Karnataka, India | |||
| Lalit Airways Private Limitedthis company | ₹21.98 Cr (FY 2020) | ₹29.9 Lakh | 1.4% | 302.0% | New Delhi, Delhi, India | |
| T S Roadways Pvt Ltd | ₹21.88 Cr (FY 2025) | -12.0% | Haldia, West Bengal, India | |||
| GBS Coal Carriers Private Limited | ₹21.82 Cr (FY 2024) | 2.0% | New Delhi, Delhi, India | |||
| Worldtrans Logistek Solution Private Limited | ₹21.81 Cr (FY 2024) | -3.0% | Morbi, Gujarat, India |
To see the full peer comparison of Lalit Airways Private Limited, buy the company report.
Auditor
Lalit Airways Private Limited is audited by C N K R K & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| C N K R K & CO | FY 2020 | 031598N |
Shareholding
The shareholding of Lalit Airways Private Limited is on record for 5 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Lalit Airways Private Limited, buy the company report.
Charges & borrowings
Open charges
₹3.4 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Nov 2020 | 100394187 | Others | ₹6.29 Lakh | Open | |
| 03 Mar 2020 | 100353204 | Others | ₹11.42 Lakh | Open | |
| 21 Nov 2019 | 100304933 | Others | ₹33 Lakh | Open | |
| 09 May 2019 | 100282728 | Hdfc Bank Limited | ₹94,400 | Open | |
| 27 Feb 2019 | 100259179 | Hdfc Bank Limited | ₹1 Lakh | Open |
Total charge records: 10 View all charges
Legal cases
Lalit Airways Private Limited has 17 court cases on record: 3 filed by Lalit Airways, 14 filed against it. 2 cases are pending and 15 are disposed.
Total cases
17
Filed by the company
3
Filed against the company
14
Pending
2
Disposed
15
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 17 | 14 | 2 |
Cases on record (5 of 17)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Central, Delhi | Execution petition | Filed against the company by Golden M.P. Chit Fund Pvt Ltd | Disposed |
| District court, New Delhi, Delhi | Criminal case | Filed by the company against KRS Logistics Pvt. Ltd | Disposed |
| District court, Central, Delhi | Court case (L I R) | Filed against the company by an individual | Pending |
| District court, Kasganj, Uttar Pradesh | Criminal case | Filed against the company by State | Pending |
| District court, Kota, Rajasthan | Court case (Cr.Reg.Case) | Filed against the company by State | Disposed |
To see the full case history of Lalit Airways Private 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 Lalit Airways Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Lalit Airways Private Limited has 1 active EPFO establishment as of Oct 20, 2026.
Active EPFO establishments
1
GST
Lalit Airways 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.
Total GSTINs
3
Cancelled / inactive
3
To see the full GST registrations and return filing status of Lalit Airways Private Limited, buy the company report.
Recent activity
Lalit Airways Private Limited has 7 board changes on record since 2014: 2 appointments and 5 cessations. The latest: Sheena Mahendru ceased to be Director on 18 Sep 2021.
Ceased
Sheena Mahendru ceased to be Director.
Appointed
Gaurang Mahendru was appointed as Additional Director.
Ceased
Lalit Mahendru ceased to be Director.
AGM
Lalit Airways Private Limited last Annual general meeting of members was held on 31 Dec 2020 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 6.29 Lakh with Charge ID 100394187 was registered on 19 Nov 2020.
Filing
Lalit Airways Private Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Delhi Ii.
Charges
A charge with Others amounted to Rs. 11.42 Lakh with Charge ID 100353204 was registered on 03 Mar 2020.
Ceased
Raghav Vashist ceased to be Director.
Charges
A charge with Others amounted to Rs. 33.00 Lakh with Charge ID 100304933 was registered on 21 Nov 2019.
Ceased
Lovish Mahendru ceased to be Additional Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.94 Lakh with Charge ID 100282728 was registered on 09 May 2019.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 1.00 Lakh with Charge ID 100259179 was registered on 27 Feb 2019.
8 earlier events are in the company report.
Frequently asked questions
Lalit Airways is an active private limited company based in New Delhi, Delhi, India. The company works in air cargo services and logistics, within the transport and logistics industry. It was incorporated on 31 July 1992 (34+ years old) and is registered under CIN U74899DL1992PTC049776.
Lalit Airways has 2 current directors:
- Lovish Mahendru - Director
- Gaurang Mahendru - Additional Director
The latest financial statements of Lalit Airways on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.
No. Lalit Airways has 3 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Lalit Airways is U74899DL1992PTC049776. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Lalit Airways has 17 court cases on record: 3 filed by the company and 14 filed against it. 2 are pending.
Lalit Airways was incorporated on 31 July 1992, making it 34+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Lalit Airways by revenue are Haulways Private Limited, Fortigo Transport Agency Private Limited, T S Roadways Pvt Ltd, GBS Coal Carriers Private Limited, Worldtrans Logistek Solution Private Limited, all in the Transport and Logistics industry (Air Cargo, Road Carriers and Trucking), with the same principal business activity (land transport via road).
Sheena Mahendru ceased to be Director on 18 Sep 2021. Gaurang Mahendru was appointed as Additional Director on 25 Apr 2021. Lalit Mahendru ceased to be Director on 25 Apr 2021. Lalit Airways has 7 board changes on record in total.
Yes, Lalit Airways is registered as a small enterprise under Udyam registration (number: UDYAM-DL-03-0004323).
Lalit Airways can be reached through the website lalitairways.com. Its registered office is in New Delhi, Delhi, India.
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