Naik Business Services Private Limited
About Naik Business Services Private Limited
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Naik Business Services Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the air charter and private aviation segment of the transport and logistics sector. It was incorporated on 18 January 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U93090MH2007PTC167120. Its GSTIN is 27AACCN5114D1ZW (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹63 Lakh. It is led by directors including Vikram Bhikhubhai Naik and Vijay Yadnyeshrwar Naik.
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 A/206 Krishna Kunj Parleshwar Road Vile Parle (East), Mumbai, Maharashtra, India – 400057.
As per the financials filed for FY 2024, the company reported a revenue of ₹14.81 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹19.32 Lakh (net margin -130.4%) and EBITDA of -₹12.11 Lakh (EBITDA margin -81.8%). Revenue has declined at a compounded annual rate (CAGR) of 31% over three years and 53% over five years.
As per MCA filings, the company has open charges of ₹10 Cr on record. Court records list 33 cases involving the company, including 10 filed by the company and 23 filed against it; 5 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Naik Business Services Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressA/206 Krishna Kunj Parleshwar Road Vile Parle (East), Mumbai, Maharashtra, India – 400057
- IndustryTransport and Logistics, Air Charter & Private Aviation
To see the full contact details of Naik Business Services 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
Financials of Naik Business Services Private Limited
FY 2025 filings availableNaik Business Services Private Limited reported revenue of ₹14.81 Lakh (up 6532% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 53% over five years. EBITDA rose 86% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹12.11 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹19.32 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -81.8% | ||||
| Net Profit Margin | -130.4% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Naik Business Services Private Limited, buy the company report.
Board of directors of Naik Business Services Private Limited
Naik Business Services has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vikram Bhikhubhai Naik Also directs: Saatvik Agroforestry (I) Private Limited, Ocean Centre Private Limited, Ocean Diving Centre Limited and 3 more | Director | 18 Jan 2007 | 19 Years 9 Months | Current |
| Vijay Yadnyeshrwar Naik Also directs: Ocean Centre Private Limited, Ocean Diving Centre Limited, Ocean Philanthropic Centre Private Limited and 1 more | Additional Director | 01 Jul 2025 | 1 Years 4 Months | Current |
| Sunil Shantaram Mohite Also directs: Ocean Diving Centre Limited, Purandar Exim Private Limited | Additional Director | 01 Aug 2025 | 1 Years 3 Months | Current |
Peer comparison
Naik Business Services Private Limited is compared with the 3 companies closest to it by revenue in the Aviation industry (Charter Services), with the same principal business activity (other support services to organizations), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Marks Aerospace Private Limited | ₹18.9 Lakh (FY 2024) | 71.0% | Jaipur, Rajasthan, India | |||
| Dragonfly Aviation Services Private Limited | ₹17.08 Lakh (FY 2024) | 13.0% | Pune, Maharashtra, India | |||
| Cat Air Private Limited | ₹15.74 Lakh (FY 2025) | -57.0% | New Delhi, Delhi, India | |||
| Naik Business Services Private Limitedthis company | ₹14.81 Lakh (FY 2024) | -₹19.32 Lakh | -130.4% | 6532.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Naik Business Services Private Limited, buy the company report.
Auditor
Naik Business Services Private Limited is audited by Rahul K Dayama & Associates for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Rahul K Dayama & Associates | FY 2021 | 178110 |
Shareholding
The shareholding of Naik Business Services Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Naik Business Services Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Jan 2011 | 10261567 | Icici Bank Limited | ₹10 Cr | Open |
Total charge records: 1 View all charges
Legal cases
Naik Business Services Private Limited has 33 court cases on record: 10 filed by Naik Business Services, 23 filed against it. 5 cases are pending and 28 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 18 | 12 | 1 |
| High courts | 15 | 11 | 4 |
Cases on record (5 of 33)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Kotak Mahindra Bank Ltd | Disposed |
| District court, Ahmedabad, Gujarat | Court case (CR EN) | Filed against the company by Kotak Mahindra Bank Ltd | Disposed |
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed against the company by Tata Capital Financial Services Ltd | Disposed |
| District court, Navsari, Gujarat | Court case (MCA) | Filed by the company against Gurukrupa Salt and Chemical Pvt Ltd and 3 others | Disposed |
| District court, Navsari, Gujarat | Civil suit | Filed against the company by Gurukrupa Salt and Chemical Pvt Ltd | Disposed |
To see the full case history of Naik Business 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
No delayed payments to MSME suppliers are on our record for Naik Business Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Naik Business Services has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCN5114D1ZW | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Naik Business Services Private Limited, buy the company report.
Recent activity
Naik Business Services Private Limited has 6 board changes on record since 2007: 4 appointments and 2 cessations. The latest: Sunil Shantaram Mohite was appointed as Additional Director on 01 Aug 2025.
Frequently asked questions
Naik Business Services is an active private limited company based in Mumbai, Maharashtra, India. The company works in air charter and private aviation, within the transport and logistics industry. It was incorporated on 18 January 2007 (19+ years old) and is registered under CIN U93090MH2007PTC167120.
Naik Business Services has 3 current directors:
- Vikram Bhikhubhai Naik - Director
- Vijay Yadnyeshrwar Naik - Additional Director
- Sunil Shantaram Mohite - Additional Director
The latest financial statements of Naik Business 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 Naik Business Services is 27AACCN5114D1ZW, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Naik Business Services is U93090MH2007PTC167120. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Naik Business Services has 33 court cases on record: 10 filed by the company and 23 filed against it. 5 are pending. Most are in the district courts.
Naik Business Services was incorporated on 18 January 2007, making it 19+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Naik Business Services by revenue are Marks Aerospace Private Limited, Dragonfly Aviation Services Private Limited, Cat Air Private Limited, all in the Aviation industry (Charter Services), with the same principal business activity (other support services to organizations).
Sunil Shantaram Mohite was appointed as Additional Director on 01 Aug 2025. Vijay Yadnyeshrwar Naik was appointed as Additional Director on 01 Jul 2025. Praman Vikram Naik ceased to be Director on 01 Dec 2019. Naik Business Services has 6 board changes on record in total.
The registered office of Naik Business Services is at A206 Krishna Kunj Parleshwar Road Vile Parle East, Mumbai, Maharashtra, India – 400057.
Naik Business Services operates in the transport and logistics industry, in the air charter and private aviation segment.
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