MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-18-0080178
Travel Retail Services Private Limited - consumer services in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹139.7 Cr
▲ 32% YoY
Net profit · FY 2025
₹48.64 Lakh
Net margin 0.3%
EBITDA · FY 2025
₹9.24 Cr
EBITDA margin 6.6%
Authorised capital
₹7 Cr
Registered with MCA
Paid-up capital
₹5.52 Cr
Issued & subscribed
Open charges
₹5.5 Cr
Satisfied ₹22 Cr
Company age
17 yrs
Est. 2009
Employees · EPFO
314
Provident fund records
About Travel Retail Services Private Limited
Data last updated:
Travel Retail Services Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Travel Food Works Private Limited. It operates in the hypermarkets and large retail chains segment of the consumer services sector. It was incorporated on 21 April 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U55101MH2009PTC191888. Its GSTIN is 27AADCT1697C1ZB (Maharashtra). The company holds 15 GST registrations, all of them active.
The company has an authorised share capital of ₹7 Cr and a paid-up capital of ₹5.52 Cr. It was formerly known as Travel Food Services India Private Limited. It is led by directors Virnath Nagnath Kudmule and Nilima Pallon Daruwala.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Block – A South Wing 1st Floor Shiv Sagar Estate Dr. Annie Besant Road Worli, Mumbai, Maharashtra, India – 400018.
As per the financials filed for FY 2025, the company reported a revenue of ₹139.7 Cr, a growth of 32% compared to the previous year. For the same year it recorded a net profit of ₹48.64 Lakh (net margin 0.3%) and EBITDA of ₹9.24 Cr (EBITDA margin 6.6%). Revenue has grown at a compounded annual rate (CAGR) of 63% over three years.
The company has about 314 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹5.5 Cr and satisfied charges of ₹22 Cr on record. Court records list 5 cases involving the company, including 3 filed by the company and 2 filed against it. The company has 8 deals on record (4 secondary share transfers, 2 rights issues, 1 funding round), with disclosed funding of ₹50 Lakh; the latest was in March 2023. Its 3 peer companies in the Consumer Services industry (Hypermarkets), with the same principal business activity (retail trading) are compared by revenue, 2 larger and 1 smaller; the largest is Nysaa Retail Venture Private Limited with revenue of ₹153.19 Cr. The company has 16 MSME Form 1 returns on record between 2019 and 2024, listing 266 overdue payments to 61 micro and small suppliers.
Travel Retail Services Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0080178). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website travelfoodservices.com.
Company details
CIN U55101MH2009PTC191888
Registration Number 191888
Incorporation Date 21 April 2009
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Travel Food Works Private Limited
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-18-0080178
Recognitions & Rankings of Travel Retail Services
Contact details
Travel Retail Services Private Limited's registered office is in Mumbai, Maharashtra. Its website is travelfoodservices.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressBlock – A South Wing 1st Floor Shiv Sagar Estate Dr. Annie Besant Road Worli, Mumbai, Maharashtra, India – 400018
- IndustryConsumer Services, Hypermarkets & Large Retail Chains
To see the full contact details of Travel Retail Services Private Limited, buy the company report.
Comprehensive company report
Travel Retail Services 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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Business activity
The main business activity of Travel Retail Services is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Travel Retail Services Private Limited, buy the company report.
Financials of Travel Retail Services Private Limited
FY 2025 filings availableTravel Retail Services Private Limited reported revenue of ₹139.7 Cr (up 32% YoY) for FY 2025.
Revenue · FY 2025
₹139.7 Cr ▲ 32%
Net profit · FY 2025
₹48.64 Lakh margin 0.3%
EBITDA · FY 2025
₹9.24 Cr margin 6.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 32%
3 years · compounded
▲ 63%
EBITDA CAGR growth
1 year
▲ 52%
3 years · compounded
▲ 157%
5 years · compounded
▲ 13%
Revenue has grown at a compounded annual rate (CAGR) of 63% over three years, including 32% growth in the latest year. EBITDA rose 52% 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 | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹9.24 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹48.64 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.6% | ||||
| Net Profit Margin | 0.3% | ||||
| 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 Travel Retail Services Private Limited, buy the company report.
Board of directors of Travel Retail Services Private Limited
Travel Retail Services has 2 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Virnath Nagnath Kudmule | Director | 29 Dec 2016 | 9 Years 10 Months | Current |
| Nilima Pallon Daruwala Also directs: Global Kitchens F&B LLP, Ten94 Home & Lifestyle LLP, Mumbai Airport Lounge Services Private Limited and 3 more | Director | 13 Aug 2024 | 2 Years 2 Months | Current |
Peer comparison
Travel Retail Services Private Limited is compared with the 3 companies closest to it by revenue in the Consumer Services industry (Hypermarkets), with the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Nysaa Retail Venture Private Limited | ₹153.19 Cr (FY 2024) | -30.0% | Delhi, India | |||
| Arambagh Foodmart Private Limited | ₹147.4 Cr (FY 2025) | 11.0% | Arambagh, West Bengal, India | |||
| Travel Retail Services Private Limitedthis company | ₹139.7 Cr (FY 2025) | ₹48.64 Lakh | 0.3% | 32.0% | 314 | Mumbai, Maharashtra, India |
| Pure Home & Living Private Limited | ₹108.11 Cr (FY 2025) | 1.0% | New Delhi, Delhi, India |
To see the full peer comparison of Travel Retail Services Private Limited, buy the company report.
Auditor
Travel Retail Services Private Limited is audited by Shambhu Gupta & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Shambhu Gupta & Co. | FY 2023 | 007234C |
Shareholding
The shareholding of Travel Retail Services 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 Travel Retail Services Private Limited, buy the company report.
Charges & borrowings
Open charges
₹5.5 Cr
Satisfied charges
₹22 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Oct 2023 | 100814030 | Others | ₹5.5 Cr | Open | |
| 27 Oct 2023 | 100818270 | Others | ₹5 Cr | Satisfied | |
| 02 Jul 2019 | 100277919 | Yes Bank Limited | ₹7 Cr | Satisfied | |
| 26 Mar 2015 | 10563818 | Yes Bank Limited | ₹5 Cr | Satisfied | |
| 25 Oct 2013 | 10464941 | Axis Bank Limited | ₹5 Cr | Satisfied |
To see the full charge records of Travel Retail Services Private Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
Travel Retail Services Private Limited has 8 deals on record (4 secondary share transfers, 2 rights issues, 1 funding round), with disclosed funding of ₹50 Lakh; the latest was in March 2023.
Total deals
8
Secondary share transfers
4
Rights issues
2
Funding round
1
Acquisition
1
Disclosed funding
₹50 Lakh
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2023 | Secondary share transfer | Undisclosed | Buyer: Travel Food Works Private Limited , Travel Food Works Private Limited & Varun Kapur Seller: an individual |
| Dec 2016 | Rights issue | ₹12.2 Cr | Investors: Travel Food Works Private Limited |
| Nov 2016 | Secondary share transfer | Undisclosed | Buyer: Travel Food Works Private Limited Seller: Travel Food Services Limited |
| Dec 2015 | Secondary share transfer | Undisclosed | Buyer: Travel Food Services Limited Seller: 2 individuals |
| Aug 2015 | Acquisition | ₹85 Lakh | Buyer: Travel Food Services Limited |
To see the full deal history of Travel Retail Services Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Travel Retail Services Private Limited has 5 court cases on record: 3 filed by Travel Retail Services, 2 filed against it. All cases are disposed.
Total cases
5
Filed by the company
3
Filed against the company
2
Disposed
5
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 2 | 0 |
| High courts | 2 | 0 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South West, Delhi | Court case (OMP (COMM.)) | Filed against the company by M/S Three Vee Marketing Pvt Ltd | Disposed |
| High Court of Delhi | Court case (O.M.P.(MISC.)(COMM.)) | Filed by the company against M/S Three Vee Marketing Pvt. Ltd. | Disposed |
| High Court of Delhi | Arbitration matter | Filed by the company against M/S Three Vee Marketing Pvt Ltd | Disposed |
| District court, Central, Delhi | Court case (L I D) | Filed against the company by individuals | Disposed |
| District court, New Delhi, Delhi | Court case (ESIC) | Filed by the company against Employees State Insurance Corporation | Disposed |
To see the full case history of Travel Retail Services 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
Travel Retail Services Private Limited has 16 MSME Form 1 returns on record between 2019 and 2024, listing 266 overdue payments to 61 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 61)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Sri Kalyani Foods | |||
| Tejura Overseas Enterprises Private Limited | |||
| Mobilizar Technologies Private Limited | |||
| Mimansa Industries Private Limited | |||
| Celera Healthcare Private Limited |
To see the full MSME payment records of Travel Retail Services Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Travel Retail Services has 4 joint ventures. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
4
Joint ventures
Employees & EPFO
Travel Retail Services Private Limited has a workforce of 314 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
314
Active EPFO establishments
1
Employee growth
28.16%
GST
Travel Retail Services has 15 GST registrations: 15 active. The first 4 active GSTINs are listed below.
Total GSTINs
15
Active
15
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCT1697C1ZB | Maharashtra | Active | 01 Jul 2017 |
| 27AADCT1697C2ZA | Maharashtra | Active | 01 Mar 2025 |
| 27AADCT1697C3Z9 | Maharashtra | Active | 01 Mar 2025 |
| 07AADCT1697C1ZD | Delhi | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Travel Retail Services Private Limited, buy the company report.
Recent activity
Travel Retail Services Private Limited has 14 board changes on record since 2011: 2 appointments and 12 cessations. The latest: Nilima Pallon Daruwala ceased to be Additional Director on 29 Sep 2024.
AGM
Travel Retail Services Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge registered on 02 Jul 2019 via Charge ID 100277919 with Yes Bank Limited was fully satisfied on 17 Jun 2025.
Filing
Travel Retail Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge with Yes Bank Limited of Rs. 7.00 Cr registered on 02 Jul 2019 with Charge ID 100277919 was modified on 28 Feb 2025.
Charges
A charge with Others of Rs. 5.50 Cr registered on 31 Oct 2023 with Charge ID 100814030 was modified on 04 Jan 2025.
Ceased
Nilima Pallon Daruwala ceased to be Additional Director.
Charges
A charge registered on 27 Oct 2023 via Charge ID 100818270 with Others was fully satisfied on 28 Aug 2024.
Appointed
Nilima Pallon Daruwala was appointed as Director.
Charges
A charge registered on 25 Oct 2013 via Charge ID 10464941 with Axis Bank Limited was fully satisfied on 04 Mar 2024.
Charges
A charge with Others amounted to Rs. 5.50 Cr with Charge ID 100814030 was registered on 31 Oct 2023.
Charges
A charge with Others amounted to Rs. 5.00 Cr with Charge ID 100818270 was registered on 27 Oct 2023.
Charges
A charge with Axis Bank Limited of Rs. 5.00 Cr registered on 25 Oct 2013 with Charge ID 10464941 was modified on 05 Apr 2022.
17 earlier events are in the company report.
News
Frequently asked questions
Travel Retail Services is an active private limited company based in Mumbai, Maharashtra, India. The company works in hypermarkets and large retail chains, within the consumer services industry. It was incorporated on 21 April 2009 (17+ years old) and is registered under CIN U55101MH2009PTC191888.
Travel Retail Services has 2 current directors:
- Virnath Nagnath Kudmule - Director
- Nilima Pallon Daruwala - Director
The latest financial statements of Travel Retail Services on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Travel Retail Services is 27AADCT1697C1ZB, registered in Maharashtra. The company has 15 GST registrations in all, of which 15 are active. Other active GSTINs include 27AADCT1697C2ZA (Maharashtra), 27AADCT1697C3Z9 (Maharashtra), 07AADCT1697C1ZD (Delhi).
The CIN (Corporate Identification Number) of Travel Retail Services is U55101MH2009PTC191888. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Travel Retail Services has 5 court cases on record: 3 filed by the company and 2 filed against it. Most are in the district courts.
Travel Retail Services was incorporated on 21 April 2009, making it 17+ years old. It is registered with the Registrar of Companies, Mumbai.
Travel Retail Services has 8 deals on record (4 secondary share transfers, 2 rights issues, 1 funding round), with disclosed funding of ₹50 Lakh; the latest was in March 2023.
The peers of Travel Retail Services by revenue are Nysaa Retail Venture Private Limited, Arambagh Foodmart Private Limited, Pure Home & Living Private Limited, all in the Consumer Services industry (Hypermarkets), with the same principal business activity (retail trading).
Nilima Pallon Daruwala ceased to be Additional Director on 29 Sep 2024. Nilima Pallon Daruwala was appointed as Director on 13 Aug 2024. Darpan Sevanti Mehta ceased to be Additional Director on 08 Jan 2022. Travel Retail Services has 14 board changes on record in total.
Yes, Travel Retail Services is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-18-0080178).
Travel Retail Services has 16 MSME Form 1 returns on record between 2019 and 2024, listing 266 overdue payments to 61 micro and small suppliers. The latest return was filed on 30 Apr 2024.
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