Madurai Trans Carrier Limited
About Madurai Trans Carrier Limited
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Madurai Trans Carrier Limited is a public limited company based in Chennai, Tamil Nadu, India. It operates in the air charter and private aviation segment of the transport and logistics sector. It was incorporated on 05 December 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U62100TN2013PLC094059. Its GSTIN is 33AAJCM0143Q1ZB (Tamil Nadu).
The company has an authorised share capital of ₹20 Cr and a paid-up capital of ₹18 Cr. It was formerly known as Madurai Air Charters Limited. It is led by directors including Srinivasan Murali and Dilip Kumar.
Its last annual general meeting (AGM) was held on 25 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Auras Corporate Centre 5th Floor 98 – A Dr Radhakrishnan Road Mylapore, Chennai, Tamil Nadu, India – 600004.
As per the financials filed for FY 2025, the company reported a revenue of ₹30.47 Cr, a growth of 5% compared to the previous year. For the same year it recorded a net profit of ₹1.51 Lakh (net margin 0%) and EBITDA of ₹6.9 Cr (EBITDA margin 22.6%). Revenue has declined at a compounded annual rate (CAGR) of 16% over three years and 7% over five years.
The company has about 15 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹20 Cr and satisfied charges of ₹173.8 Cr on record. The company has 4 deals on record (2 secondary share transfers, 1 funding round, 1 debt financing), with disclosed funding of ₹22.55 Cr; the latest was in August 2022. Its 7 peer companies in the Aviation industry (Charter Services), with the same principal business activity (air transport) are compared by revenue, 4 larger and 3 smaller; the largest is Powerfly Aviation Services Private Limited with revenue of ₹37.53 Cr.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Madurai Trans Carrier Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressAuras Corporate Centre 5th Floor 98 – A Dr Radhakrishnan Road Mylapore, Chennai, Tamil Nadu, India – 600004
- IndustryTransport and Logistics, Air Charter & Private Aviation
To see the full contact details of Madurai Trans Carrier 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 Madurai Trans Carrier is transport and storage. In detail, this covers air transport.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transport and storage | H4 | Air transport |
To see the full business activity and turnover split of Madurai Trans Carrier Limited, buy the company report.
Financials of Madurai Trans Carrier Limited
FY 2025 filings availableMadurai Trans Carrier Limited reported revenue of ₹30.47 Cr (up 5% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 5% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 7%. EBITDA fell 1% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹6.9 Cr | ||||
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| Net Profit (PAT) | ₹1.51 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 22.6% | ||||
| Net Profit Margin | 0% | ||||
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To see the full financial statements and ratios of Madurai Trans Carrier Limited, buy the company report.
Board of directors of Madurai Trans Carrier Limited
Madurai Trans Carrier has 5 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Srinivasan Murali Also directs: Tor Auto Components LLP, Dinram Holdings Private Limited, Dhinrama Mobility Solution Private Limited and 1 more | Director | 29 Nov 2018 | 7 Years 11 Months | Current |
| Dilip Kumar | Director | 03 Jul 2017 | 9 Years 3 Months | Current |
| Santhanagopalan Also directs: Tor Auto Components LLP, Dinram Logistics Services LLP, DRSR Advisory Services LLP and 5 more | Director | 05 Dec 2013 | 12 Years 10 Months | Current |
| Arrakundal Velayutha Raja Dharmakrishnan Also directs: Rajapalayam Mills Limited, Ramco Systems Limited, Shri Harini Media Limited and 4 more | Director | 05 Dec 2013 | 12 Years 10 Months | Current |
| Satishkumar Dhandapani | Director | 05 Jul 2022 | 4 Years 3 Months | Current |
Peer comparison
Madurai Trans Carrier Limited is compared with the 7 companies closest to it by revenue in the Aviation industry (Charter Services), with the same principal business activity (air transport), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Powerfly Aviation Services Private Limited | ₹37.53 Cr (FY 2024) | 56.0% | Bangalore, Karnataka, India | |||
| Flysbs Aviation Limited | ₹34.34 Cr (FY 2023) | 24.0% | Chennai, Tamil Nadu, India | |||
| Forum I Aviation Private Limited | ₹33.62 Cr (FY 2025) | 23.0% | New Delhi, Delhi, India | |||
| Airborne Charters India Private Limited | ₹31.52 Cr (FY 2025) | -22.0% | Mumbai, Maharashtra, India | |||
| Madurai Trans Carrier Limitedthis company | ₹30.47 Cr (FY 2025) | ₹1.51 Lakh | 0% | 5.0% | 15 | Chennai, Tamil Nadu, India |
| Airdriven Aviation Private Limited | ₹29.13 Cr (FY 2022) | 1584.0% | Hyderabad, Telangana, India | |||
| Jhankar Aviation Private Limited | ₹28.35 Cr (FY 2025) | 61.0% | Gurgaon, Haryana, India | |||
| Halo Airways Private Limited | ₹27.29 Cr (FY 2025) | 53.0% | Edapally, Kerala, India |
To see the full peer comparison of Madurai Trans Carrier Limited, buy the company report.
Auditor
Madurai Trans Carrier Limited is audited by M S JAGANNATHAN AND N KRISHNASWAMI for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M S JAGANNATHAN AND N KRISHNASWAMI | FY 2024 | 001208S |
Shareholding
The shareholding of Madurai Trans Carrier Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Madurai Trans Carrier Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Sep 2024 | 100988536 | Axis Bank Limited | ₹20 Cr | Open | |
| 16 Nov 2020 | 100392066 | Axis Bank Limited | ₹43 Cr | Satisfied | |
| 19 Jun 2017 | 100105464 | Hdfc Bank Limited | ₹60 Cr | Satisfied | |
| 07 Feb 2017 | 100097656 | Others | ₹3.8 Cr | Satisfied | |
| 07 Dec 2016 | 100078511 | Others | ₹67 Cr | Satisfied |
To see the full charge records of Madurai Trans Carrier Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
Madurai Trans Carrier Limited has 4 deals on record (2 secondary share transfers, 1 funding round, 1 debt financing), with disclosed funding of ₹22.55 Cr; the latest was in August 2022.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2022 | Secondary share transfer | Undisclosed | Buyer: TVS Mobility Private Limited Seller: T.V. Sundram Iyengar & Sons Private Limited |
| May 2019 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Feb 2017 | Debt financing | ₹4.6 Cr | Investors: an individual |
| Apr 2015 | Funding round | ₹17.95 Cr | Investors: T.V. Sundram Iyengar & Sons Private Limited , The Ramco Cemnets Limited, Sundram Fasteners Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Madurai Trans Carrier Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
Credit ratings & regulatory alerts
Madurai Trans Carrier Limited was last rated by Icra on 30 May 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 30 May 2022 |
To see the full credit ratings and regulatory alerts of Madurai Trans Carrier Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Madurai Trans Carrier Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Madurai Trans Carrier Limited has a workforce of 15 employees on its EPFO records as of Apr 03, 2024, across 1 active EPFO establishment.
GST
Madurai Trans Carrier has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAJCM0143Q1ZB | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Madurai Trans Carrier Limited, buy the company report.
Recent activity
Madurai Trans Carrier Limited has 10 board changes on record since 2013: 5 appointments and 5 cessations. The latest: Satishkumar Dhandapani ceased to be Additional Director on 29 Aug 2022.
11 earlier events are in the company report.
Frequently asked questions
Madurai Trans Carrier is an active public limited company based in Chennai, Tamil Nadu, India. The company works in air charter and private aviation, within the transport and logistics industry. It was incorporated on 05 December 2013 (13+ years old) and is registered under CIN U62100TN2013PLC094059.
Madurai Trans Carrier has 5 current directors:
- Srinivasan Murali - Director
- Dilip Kumar - Director
- Santhanagopalan - Director
- Arrakundal Velayutha Raja Dharmakrishnan - Director
- Satishkumar Dhandapani - Director
The latest financial statements of Madurai Trans Carrier on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 25 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Madurai Trans Carrier is 33AAJCM0143Q1ZB, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Madurai Trans Carrier is U62100TN2013PLC094059. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Madurai Trans Carrier was incorporated on 05 December 2013, making it 13+ years old. It is registered with the Registrar of Companies, Chennai.
Madurai Trans Carrier has 4 deals on record (2 secondary share transfers, 1 funding round, 1 debt financing), with disclosed funding of ₹22.55 Cr; the latest was in August 2022.
The peers of Madurai Trans Carrier by revenue are Powerfly Aviation Services Private Limited, Flysbs Aviation Limited, Forum I Aviation Private Limited, Airborne Charters India Private Limited, Airdriven Aviation Private Limited and 2 more, all in the Aviation industry (Charter Services), with the same principal business activity (air transport).
Satishkumar Dhandapani ceased to be Additional Director on 29 Aug 2022. Satishkumar Dhandapani was appointed as Director on 05 Jul 2022. Mylapore Jayavelu Saikumar ceased to be Additional Director on 29 Aug 2019. Madurai Trans Carrier has 10 board changes on record in total.
The registered office of Madurai Trans Carrier is at Auras Corporate Centre 5th Floor 98 – A Dr Radhakrishnan Road Mylapore, Chennai, Tamil Nadu, India – 600004.
Madurai Trans Carrier operates in the transport and logistics industry, in the air charter and private aviation segment.
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