Madison Travels Private Limited
About Madison Travels Private Limited
Data last updated:
Madison Travels Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the travel and tour services segment of the transport and logistics sector. It was incorporated on 19 November 1991.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U45202MH1991PTC064063. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹2.4 Lakh. It was led by directors Kalpesh Jayantilal Madhlani and Maya Kalpesh Madhlani.
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 was at 134 136 Dr D N Roadmahendra Chambers Fort, Mumbai, Maharashtra, India – 400001.
As per the financials filed for FY 2020, the company reported a revenue of ₹1.18 Lakh, a decline of 93% compared to the previous year. For the same year it recorded a net loss of ₹53,473 (net margin -45.5%) and EBITDA of ₹10,072 (EBITDA margin 8.6%). Revenue has declined at a compounded annual rate (CAGR) of 78% over three years and 61% over five years.
Company details
Contact details
Madison Travels Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address134 136 Dr D N Roadmahendra Chambers Fort, Mumbai, Maharashtra, India – 400001
- IndustryTransport and Logistics, Travel & Tour Services
To see the full contact details of Madison 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 Madison 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 Madison Travels Private Limited, buy the company report.
Financials of Madison Travels Private Limited
FY 2020 filings availableMadison Travels Private Limited reported revenue of ₹1.18 Lakh (down 93% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 61% over five years, including a 93% fall in the latest year. EBITDA fell 98% 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 | ₹1.18 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
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| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹10,072 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹53,473 | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.6% | ||||
| Net Profit Margin | -45.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Madison Travels Private Limited, buy the company report.
Board of directors of Madison Travels Private Limited
Madison Travels has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kalpesh Jayantilal Madhlani | Director | 19 Nov 1991 | 34 Years 11 Months | As last reported |
| Maya Kalpesh Madhlani Also directs: Vulpine Contractors and Developers Private Limited | Director | 19 Nov 1991 | 34 Years 11 Months | As last reported |
Peer comparison
Madison 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 |
|---|---|---|---|---|---|---|
| Purwanchal Tours and Travels Private Limited | ₹1.19 Lakh (FY 2018) | -97.0% | New Delhi, Delhi, India | |||
| Madison Travels Private Limitedthis company | ₹1.18 Lakh (FY 2020) | -₹53,473 | -45.5% | -93.0% | Mumbai, Maharashtra, India | |
| Pathika Tour & Travels Private Limited | ₹1.17 Lakh (FY 2024) | 349.0% | Delhi, India | |||
| Isha Cabs and Logistics (OPC) Private Limited | ₹1.16 Lakh (FY 2022) | Chennai, Tamil Nadu, India | ||||
| Gaurika Services Private Limited | ₹1.16 Lakh (FY 2023) | Ranchi, Jharkhand, India |
To see the full peer comparison of Madison Travels Private Limited, buy the company report.
Auditor
Madison Travels Private Limited is audited by B S SARDA & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B S SARDA & ASSOCIATES | FY 2020 | 131070W |
Shareholding
The shareholding of Madison 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 Madison Travels Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Madison 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 Madison Travels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Madison Travels has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Madison Travels Private Limited, buy the company report.
Recent activity
Madison Travels Private Limited has 6 board changes on record since 1991: 2 appointments and 4 cessations. The latest: Hemlata Garudachar ceased to be Director on 18 Apr 2019.
Frequently asked questions
Madison Travels has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Madison Travels was a private limited company based in Mumbai, Maharashtra, India. The company worked in travel and tour services, within the transport and logistics industry. It was incorporated on 19 November 1991 and is registered under CIN U45202MH1991PTC064063. The company has been struck off by the Registrar of Companies and is no longer operational.
Madison Travels had 2 directors:
- Kalpesh Jayantilal Madhlani - Director
- Maya Kalpesh Madhlani - Director
The CIN (Corporate Identification Number) of Madison Travels is U45202MH1991PTC064063. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Madison Travels is at 134 136 Dr D N Roadmahendra Chambers Fort, Mumbai, Maharashtra, India – 400001.
Madison Travels was incorporated on 19 November 1991. It is registered with the Registrar of Companies, Mumbai.
The latest financial statements of Madison Travels 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. Madison Travels has 1 GST registration on record and it is cancelled or inactive.
Madison Travels operated in the transport and logistics industry, in the travel and tour services segment. It worked in this industry before it was struck off.
The peers of Madison Travels by revenue are Purwanchal Tours and Travels Private Limited, Pathika Tour & Travels Private Limited, Isha Cabs and Logistics (OPC) Private Limited, Gaurika Services 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).
Hemlata Garudachar ceased to be Director on 18 Apr 2019. Jayshree Jayantilal Madhlani ceased to be Additional Director on 18 Apr 2019. Ronak Kalpesh Madhlani ceased to be Additional Director on 18 Apr 2019. Madison Travels has 6 board changes on record in total.
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