About Lancer Travels Private Limited
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Lancer Travels Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the travel and tour services segment of the transport and logistics sector. It was incorporated on 26 July 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U63040MH1996PTC101439. Its GSTIN is 27AAACL3193N1Z4 (Maharashtra).
The company has an authorised share capital of ₹40 Lakh and a paid-up capital of ₹40 Lakh. It is led by directors Promod Kohli and Nikhil Kohli.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Shop No19 Ground Floor Aurora Towers Moledina Road, Pune, Maharashtra, India – 411001.
As per the financials filed for FY 2021, the company reported a revenue of ₹19.08 Lakh, a decline of 49% compared to the previous year. For the same year it recorded a net loss of ₹13.87 Lakh (net margin -72.7%) and EBITDA of ₹12.65 Lakh (EBITDA margin 66.3%). Revenue has declined at a compounded annual rate (CAGR) of 38% over three years and 25% over five years.
As per MCA filings, the company has satisfied charges of ₹1.5 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website lancertravels.in.
Company details
Contact details
Lancer Travels Private Limited's registered office is in Pune, Maharashtra. Its website is lancertravels.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressShop No19 Ground Floor Aurora Towers Moledina Road, Pune, Maharashtra, India – 411001
- IndustryTransport and Logistics, Travel & Tour Services
To see the full contact details of Lancer Travels Private Limited, buy the company report.
- 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
Business activity
The main business activity of Lancer Travels is support service to organizations. In detail, this covers travel agency and tour operators.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N3 | Travel agency and tour operators |
To see the full business activity and turnover split of Lancer Travels Private Limited, buy the company report.
Financials of Lancer Travels Private Limited
FY 2021 filings availableLancer Travels Private Limited reported revenue of ₹19.08 Lakh (down 49% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 25% over five years, including a 49% fall in the latest year. EBITDA rose 106% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| EBITDA | ₹12.65 Lakh | ||||
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| Net Profit (PAT) | -₹13.87 Lakh | ||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| Profitability | |||||
| EBITDA Margin | 66.3% | ||||
| Net Profit Margin | -72.7% | ||||
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To see the full financial statements and ratios of Lancer Travels Private Limited, buy the company report.
Board of directors of Lancer Travels Private Limited
Lancer Travels has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Promod Kohli | Director | 26 Jul 1996 | 30 Years 3 Months | Current |
| Nikhil Kohli | Director | 27 Jul 2012 | 14 Years 3 Months | Current |
Peer comparison
Lancer Travels Private Limited is compared with the 4 companies closest to it by revenue in the Transport and Logistics industry (Tour and Travel Operators, Travels), with the same principal business activity (travel agency and tour operators), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Hampi Holiday Travels Private Limited | ₹19.11 Lakh (FY 2018) | -65.0% | Hospet, Karnataka, India | |||
| Holiday Holic Travel and Events Private Limited | ₹19.11 Lakh (FY 2025) | 119.0% | Ghaziabad, Uttar Pradesh, India | |||
| Lancer Travels Private Limitedthis company | ₹19.08 Lakh (FY 2021) | -₹13.87 Lakh | -72.7% | -49.0% | Pune, Maharashtra, India | |
| Pakshiraj Tour & Travels Private Limited | ₹19.06 Lakh (FY 2019) | 9.0% | Kulti, West Bengal, India | |||
| Sadaqat Tours and Travels Private Limited | ₹19.03 Lakh (FY 2025) | 45.0% | Anantnag, Jammu and Kashmir, India |
To see the full peer comparison of Lancer Travels Private Limited, buy the company report.
Auditor
Lancer Travels Private Limited is audited by ATUL DAVE & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ATUL DAVE & CO | FY 2020 | 117880W |
Shareholding
The shareholding of Lancer Travels Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Lancer Travels Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 May 2020 | 100349489 | Others | ₹12 Lakh | Satisfied | |
| 30 Aug 2014 | 10575583 | Union Bank of India Pune Camp Branch | ₹15 Lakh | Satisfied | |
| 27 Apr 2000 | 90091249 | Union Bank of India | ₹2.93 Lakh | Satisfied | |
| 30 Oct 1999 | 90091079 | Union Bank of India Camp Branch | ₹1.2 Cr | Satisfied |
To see the full charge records of Lancer Travels Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
No court or tribunal cases involving Lancer Travels Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Lancer Travels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Lancer Travels has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACL3193N1Z4 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Lancer Travels Private Limited, buy the company report.
Recent activity
Lancer Travels Private Limited has 4 board changes on record since 1996: 2 appointments and 2 cessations. The latest: Venita Kohli ceased to be Director on 13 Feb 2016.
4 earlier events are in the company report.
Frequently asked questions
Lancer Travels is an active private limited company based in Pune, Maharashtra, India. The company works in travel and tour services, within the transport and logistics industry. It was incorporated on 26 July 1996 (30+ years old) and is registered under CIN U63040MH1996PTC101439.
Lancer Travels has 2 current directors:
- Promod Kohli - Director
- Nikhil Kohli - Director
The latest financial statements of Lancer Travels on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
The GSTIN of Lancer Travels is 27AAACL3193N1Z4, registered in Maharashtra.
The CIN (Corporate Identification Number) of Lancer Travels is U63040MH1996PTC101439. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Lancer Travels was incorporated on 26 July 1996, making it 30+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Lancer Travels by revenue are Hampi Holiday Travels Private Limited, Holiday Holic Travel and Events Private Limited, Pakshiraj Tour & Travels Private Limited, Sadaqat Tours and Travels Private Limited, all in the Transport and Logistics industry (Tour and Travel Operators, Travels), with the same principal business activity (travel agency and tour operators).
Venita Kohli ceased to be Director on 13 Feb 2016. Nikhil Kohli ceased to be Additional Director on 29 Sep 2012. Nikhil Kohli was appointed as Director on 27 Jul 2012. Lancer Travels has 4 board changes on record in total.
Lancer Travels can be reached through the website lancertravels.in. Its registered office is in Pune, Maharashtra, India.
The registered office of Lancer Travels is at Shop No19 Ground Floor Aurora Towers Moledina Road, Pune, Maharashtra, India – 411001.
Lancer Travels operates in the transport and logistics industry, in the travel and tour services segment.
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