MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-MH-18-0079005
Max Aerospace and Aviation Private Limited - transport and logistics in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹91.2 Cr
▲ 35% YoY
Net profit · FY 2025
₹16.83 Cr
Net margin 18.5%
EBITDA · FY 2025
₹22.57 Cr
EBITDA margin 24.7%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹1 Cr
Issued & subscribed
Open charges
₹30 Cr
Secured borrowings
Company age
32 yrs
Est. 1994
Employees · EPFO
12
Provident fund records
About Max Aerospace and Aviation Private Limited
Data last updated:
Max Aerospace and Aviation Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the aircraft maintenance segment of the transport and logistics sector. It was incorporated on 12 July 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U35300MH1994PTC079577. Its GSTIN is 27AABCM9671M1ZT (Maharashtra).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹1 Cr. It was formerly known as Max Aerospace and Aviation Limited. It is led by directors including Meghna Bharat Malkani and Bharat Harkishan Malkani.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Hanger No. C1 Juhu Aerodrome Juhu, Mumbai, Maharashtra, India – 400054.
As per the financials filed for FY 2025, the company reported a revenue of ₹91.2 Cr, a growth of 35% compared to the previous year. For the same year it recorded a net profit of ₹16.83 Cr (net margin 18.5%) and EBITDA of ₹22.57 Cr (EBITDA margin 24.7%). Revenue has grown at a compounded annual rate (CAGR) of 26% over three years and 31% over five years.
The company has about 12 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Max Aerospace and Aviation. As per MCA filings, the company has open charges of ₹30 Cr on record. Court records list 8 cases involving the company, including 5 filed by the company and 3 filed against it; 1 case is pending. The company has 4 deals on record (4 secondary share transfers); the latest was in August 2020.
Max Aerospace and Aviation Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-MH-18-0079005). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website maxaerospace.com.
Company details
CIN U35300MH1994PTC079577
Registration Number 079577
Incorporation Date 12 July 1994
ROC Mumbai
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-MH-18-0079005
CIN history
Max Aerospace and Aviation has one previous CIN (Corporate Identification Number): U35300MH1994PLC079577. The current CIN is U35300MH1994PTC079577, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U35300MH1994PTC079577 | Current |
| U35300MH1994PLC079577 | Previous |
Key People
Meghna Bharat Malkani Director Bharat Harkishan Malkani Director Anushka Bharat Malkani Director Recognitions & Rankings of Max Aerospace and Aviation
Contact details
Max Aerospace and Aviation Private Limited's registered office is in Mumbai, Maharashtra. Its website is maxaerospace.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressHanger No. C1 Juhu Aerodrome Juhu, Mumbai, Maharashtra, India – 400054
- IndustryTransport and Logistics, Aircraft Maintenance, Repair & Overhaul
To see the full contact details of Max Aerospace and Aviation Private Limited, buy the company report.
Comprehensive company report
Max Aerospace and Aviation 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
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Brands
Max Aerospace and Aviation operates one associated brand: Max Aerospace and Aviation. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Aerospace engineering, defense product manufacturing, and aircraft services. | maxaerospace.com |
Business activity
The main business activity of Max Aerospace and Aviation is professional, scientific and technical. In detail, this covers architecture, engineering activities, technical testing and analysis activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M4 | Architecture, engineering activities, technical testing and analysis activities |
To see the full business activity and turnover split of Max Aerospace and Aviation Private Limited, buy the company report.
Financials of Max Aerospace and Aviation Private Limited
FY 2024 filings availableMax Aerospace and Aviation Private Limited reported revenue of ₹91.2 Cr (up 35% YoY) for FY 2025.
Revenue · FY 2025
₹91.2 Cr ▲ 35%
Net profit · FY 2025
₹16.83 Cr margin 18.5%
EBITDA · FY 2025
₹22.57 Cr margin 24.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 35%
3 years · compounded
▲ 26%
5 years · compounded
▲ 31%
EBITDA CAGR growth
1 year
▲ 25%
3 years · compounded
▲ 25%
5 years · compounded
▲ 120%
Revenue has grown at a compounded annual rate (CAGR) of 31% over five years, including 35% growth in the latest year. EBITDA rose 25% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
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| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹22.57 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹16.83 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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| Trade Payables | |||||
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| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 24.7% | ||||
| Net Profit Margin | 18.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
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| 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 Max Aerospace and Aviation Private Limited, buy the company report.
Board of directors of Max Aerospace and Aviation Private Limited
Max Aerospace and Aviation has 3 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Meghna Bharat Malkani Also directs: Max Mro Services Private Limited | Director | 21 Mar 2022 | 4 Years 7 Months | Current |
| Bharat Harkishan Malkani | Director | 12 Jul 1994 | 32 Years 4 Months | Current |
| Anushka Bharat Malkani Also directs: Max Mro Services Private Limited, Whiskwithus LLP | Director | 24 Jun 2021 | 5 Years 4 Months | Current |
Auditor
Max Aerospace and Aviation Private Limited is audited by C. B. Pokle & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| C. B. Pokle & Co. | FY 2023 | 107954W |
Shareholding
The shareholding of Max Aerospace and Aviation Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Max Aerospace and Aviation Private Limited, buy the company report.
Charges & borrowings
Open charges
₹30 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Oct 2025 | 101172016 | Others | ₹15 Cr | Open | |
| 10 Oct 2025 | 101172014 | Others | ₹15 Cr | Open |
Total charge records: 2 View all charges
Deals & funding
Max Aerospace and Aviation Private Limited has 4 deals on record (4 secondary share transfers); the latest was in August 2020.
Total deals
4
Secondary share transfers
4
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2020 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Oct 2016 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Nov 2014 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Sep 2006 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Max Aerospace and Aviation Private Limited has 8 court cases on record: 5 filed by Max Aerospace and Aviation, 3 filed against it. 1 case is pending and 7 are disposed.
Total cases
8
Filed by the company
5
Filed against the company
3
Pending
1
Disposed
7
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 7 | 3 | 1 |
| District courts | 1 | 0 | 0 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Tax appeal | Filed against the company by PR. Commissioner of Income Tax-10 | Pending |
| Bombay High Court | Tax appeal | Filed against the company by Pr.Commissioner of Income Tax-10 | Disposed |
| Bombay High Court | Tax appeal | Filed against the company by PR. Commissioner of Income Tax-10 | Disposed |
| Bombay High Court | Arbitration matter | Filed by the company against The Airports Authority of India Ltd. | Disposed |
| Bombay High Court | Interim or miscellaneous application | Filed by the company against The Airports Authority of India Ltd. | Disposed |
To see the full case history of Max Aerospace and Aviation 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 Max Aerospace and Aviation Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Max Aerospace and Aviation has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
1
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Max Mro Services Private Limited | U63033MH2008PTC178221 |
To see the full group structure of Max Aerospace and Aviation Private Limited, buy the company report.
Employees & EPFO
Max Aerospace and Aviation Private Limited has a workforce of 12 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Employee count
12
Active EPFO establishments
1
Employee growth
50%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 12 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Max Aerospace and Aviation Private Limited, buy the company report.
GST
Max Aerospace and Aviation has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCM9671M1ZT | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Max Aerospace and Aviation Private Limited, buy the company report.
Recent activity
Max Aerospace and Aviation Private Limited has 13 board changes on record since 1994: 3 appointments and 10 cessations. The latest: Meghna Bharat Malkani ceased to be Additional Director on 30 Sep 2022.
Charges
A charge with Others amounted to Rs. 15.00 Cr with Charge ID 101172016 was registered on 10 Oct 2025.
Charges
A charge with Others amounted to Rs. 15.00 Cr with Charge ID 101172014 was registered on 10 Oct 2025.
AGM
Max Aerospace And Aviation Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Max Aerospace And Aviation Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Ceased
Meghna Bharat Malkani ceased to be Additional Director.
Appointed
Meghna Bharat Malkani was appointed as Director.
Ceased
Anushka Bharat Malkani ceased to be Additional Director.
Appointed
Anushka Bharat Malkani was appointed as Director.
Ceased
Chhattar Singh Tomar ceased to be Director.
Ceased
Kirit Mansukhlal Mehta ceased to be Director.
Ceased
Bindiya Harikisan Malkani ceased to be Additional Director.
Ceased
Jaimini Bipinchandra Chinai ceased to be Director.
6 earlier events are in the company report.
Frequently asked questions
Max Aerospace and Aviation is an active private limited company based in Mumbai, Maharashtra, India. The company works in aircraft maintenance, within the transport and logistics industry. It was incorporated on 12 July 1994 (32+ years old) and is registered under CIN U35300MH1994PTC079577.
Max Aerospace and Aviation has 3 current directors:
- Meghna Bharat Malkani - Director
- Bharat Harkishan Malkani - Director
- Anushka Bharat Malkani - Director
The latest financial statements of Max Aerospace and Aviation on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Max Aerospace and Aviation is 27AABCM9671M1ZT, registered in Maharashtra.
The CIN (Corporate Identification Number) of Max Aerospace and Aviation is U35300MH1994PTC079577. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Max Aerospace and Aviation has 8 court cases on record: 5 filed by the company and 3 filed against it. 1 is pending. Most are in the high courts.
Max Aerospace and Aviation was incorporated on 12 July 1994, making it 32+ years old. It is registered with the Registrar of Companies, Mumbai.
Max Aerospace and Aviation has 4 deals on record (4 secondary share transfers); the latest was in August 2020.
Meghna Bharat Malkani ceased to be Additional Director on 30 Sep 2022. Meghna Bharat Malkani was appointed as Director on 21 Mar 2022. Anushka Bharat Malkani ceased to be Additional Director on 30 Nov 2021. Max Aerospace and Aviation has 13 board changes on record in total.
Yes, Max Aerospace and Aviation is registered as an MSME under Udyam registration (number: UDYAM-MH-18-0079005).
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