DPIIT recognised startup Government of India
Startup India
Naturewings Holidays Limited - transport and logistics in Kolkata, West Bengal, India. FY 2026 financials & compliance.
Active Listed - BSE: 544245 Public Limited Company transport and logistics DPIIT Startup MSME · Small
Market Cap
₹24.20 Cr
NHL · BSE
Share Price
₹68.00
0.00% today
Revenue
₹30.27 Cr
FY 2025-26 · +41.0% YoY
EBITDA
₹1.74 Cr
Margin 5.8%
Net Profit
₹1.55 Cr
FY 2025-26 · +42.2% YoY
P/E (TTM)
15.6x
P/B 1.9x
Authorised capital
₹4 Cr
Registered with MCA
Paid-up capital
₹3.56 Cr
Issued & subscribed
About Naturewings Holidays Limited
Data last updated:
Naturewings Holidays Limited is a public limited company based in Kolkata, West Bengal, India, recognised as a startup by DPIIT. It operates in the travel and tour services segment of the transport and logistics sector. It was incorporated on 19 December 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN L63030WB2018PLC229417. Its GSTIN is 19AAGCN3316F1ZL (West Bengal). It is a listed company as per MCA records. Its shares are listed on BSE: 544245.
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹3.56 Cr. It is led by directors including Sandip Raha (Managing Director) and Mousumi Raha (Whole-Time Director).
Its last annual general meeting (AGM) was held on 31 August 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Dgk – 417 4th Floor DLF Galleria Building Newtown, Kolkata North 24 Parganas, West Bengal, India – 700156.
As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹30.27 Cr, a growth of 41% compared to the previous year. For the same year it recorded a net profit of ₹1.55 Cr (net margin 5.1%) and EBITDA of ₹1.74 Cr (EBITDA margin 5.7%).
The company has about 28 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹8.87 Lakh on record. The company has 18 deals on record (11 market trades, 6 secondary share transfers, 1 ipo); the latest was in September 2025. Its 6 peer companies in the Transport and Logistics industry (Tour and Travel Operators), with the same principal business activity (travel agency and tour operators) are compared by revenue, 3 larger and 3 smaller; the largest is Tern Voyages Private Limited with revenue of ₹21.77 Cr.
Naturewings Holidays Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-WB-10-0038577). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website naturewins.com.
Company details
CIN L63030WB2018PLC229417
Registration Number 229417
Incorporation Date 19 December 2018
ROC Kolkata
Listing Status Listed - Listed on BSE (544245)
Company Status Active
Date of Last AGM 31 August 2026
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Small
Udyam Registration UDYAM-WB-10-0038577
CIN history
Naturewings Holidays has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L63030WB2018PLC229417, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L63030WB2018PLC229417 | Current |
| U63030WB2018PLC229417 | Previous |
| U63030WB2018PTC229417 | Previous |
Key People
Sandip Raha Managing Director Mousumi Raha Whole-Time Director Suman Kumar Paul Whole-Time Director Recognitions & Rankings of Naturewings Holidays
MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-WB-10-0038577
Contact details
Naturewings Holidays Limited's registered office is in Kolkata, West Bengal.
- Registered AddressDgk – 417 4th Floor DLF Galleria Building Newtown, Kolkata North 24 Parganas, West Bengal, India – 700156
- IndustryTransport and Logistics, Travel & Tour Services
Comprehensive company report
Naturewings Holidays 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Naturewings Holidays 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 Naturewings Holidays Limited, buy the company report.
Financials of Naturewings Holidays Limited
FY 2025-26 filings availableNaturewings Holidays Limited reported revenue of ₹30.27 Cr (up 41% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · StandaloneRevenue
₹30.27 Cr
+41.0% YoY
EBITDA
₹1.74 Cr
+16.8% YoY
Profit After Tax
₹1.55 Cr
+42.2% YoY
Net Worth
-
Total Assets
-
Total Debt
-
Revenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 30.27 | 21.47 | 21.89 | 11.70 | 4.13 | 1.38 | 15.20 |
| Revenue growth | +41.0% | -1.9% | +87.1% | +183.3% | +199.3% | -90.9% | - |
| EBITDA | 1.74 | 1.49 | 1.68 | 0.95 | 0.25 | 0.09 | 0.87 |
| EBITDA margin | +5.8% | +6.9% | +7.7% | +8.1% | +6.1% | +6.5% | +5.7% |
| Profit before tax | 2.03 | 1.48 | 1.51 | 0.84 | 0.28 | 0.09 | 0.92 |
| Net profit | 1.55 | 1.09 | 1.11 | 0.65 | 0.20 | 0.11 | 0.67 |
| Net profit margin | +5.1% | +5.1% | +5.1% | +5.6% | +4.8% | +8.0% | +4.4% |
| EPS (₹) | 4.76 | 3.43 | 5.06 | 7.66 | 39.78 | 19.76 | 134.00 |
| Balance sheet | |||||||
| Total assets | - | 9.24 | 2.74 | 1.62 | 0.97 | 0.72 | 0.63 |
| Net worth | - | 9.15 | 2.66 | 1.54 | 0.89 | 0.70 | 0.61 |
| Total debt | - | 0.03 | 0.05 | 0.07 | 0.09 | 0.02 | 0.02 |
| Cash & bank | - | 3.95 | 2.21 | 1.84 | 2.20 | 1.73 | 0.91 |
| Net working capital | - | 4.72 | 1.05 | (0.18) | 0.82 | 0.65 | 0.54 |
| Cash flow | |||||||
| Cash from operations | - | (0.84) | 0.48 | 1.40 | 0.54 | 0.00 | 0.00 |
| Cash from investing | - | (2.81) | (0.06) | (1.78) | (0.12) | 0.00 | 0.00 |
| Cash from financing | - | 5.38 | (0.06) | 0.02 | 0.04 | 0.00 | 0.00 |
Financial Statements
Figures in ₹ Cr; negatives in brackets. Updated 11 Nov 2026
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 30.27 | 21.47 | 21.89 | 11.70 | 4.13 | 1.38 | 15.20 |
| Revenue growth | +41.0% | -1.9% | +87.1% | +183.3% | +199.3% | -90.9% | - |
| Other income | 0.43 | 0.14 | 0.01 | 0.06 | 0.06 | 0.03 | 0.12 |
| Total expenses | 28.53 | 19.98 | 20.21 | 10.75 | 3.88 | 1.29 | 14.33 |
| Employee cost | 0.00 | 1.60 | 1.37 | 0.83 | 0.41 | 0.27 | 1.01 |
| EBITDA | 1.74 | 1.49 | 1.68 | 0.95 | 0.25 | 0.09 | 0.87 |
| EBITDA margin | +5.8% | +6.9% | +7.7% | +8.1% | +6.1% | +6.5% | +5.7% |
| Depreciation | 0.14 | 0.12 | 0.14 | 0.15 | 0.02 | 0.03 | 0.05 |
| Interest | 0.00 | 0.03 | 0.04 | 0.02 | 0.01 | 0.00 | 0.02 |
| Profit before tax | 2.03 | 1.48 | 1.51 | 0.84 | 0.28 | 0.09 | 0.92 |
| Tax | 0.48 | 0.39 | 0.40 | 0.19 | 0.08 | (0.02) | 0.25 |
| Net profit | 1.55 | 1.09 | 1.11 | 0.65 | 0.20 | 0.11 | 0.67 |
| Net profit margin | +5.1% | +5.1% | +5.1% | +5.6% | +4.8% | +8.0% | +4.4% |
| EPS (₹) | 4.76 | 3.43 | 5.06 | 7.66 | 39.78 | 19.76 | 134.00 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | - | 3.16 | 2.21 | 0.85 | 0.05 | 0.05 | 0.05 |
| Reserves & surplus | - | 5.99 | 0.45 | 0.69 | 0.84 | 0.65 | 0.56 |
| Shareholders' funds (net worth) | - | 9.15 | 2.66 | 1.54 | 0.89 | 0.70 | 0.61 |
| Secured loans | - | 0.03 | 0.05 | 0.07 | 0.09 | 0.00 | 0.00 |
| Unsecured loans | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.02 | 0.02 |
| Total debt | - | 0.03 | 0.05 | 0.07 | 0.09 | 0.02 | 0.02 |
| Total liabilities | - | 9.24 | 2.74 | 1.62 | 0.97 | 0.72 | 0.63 |
| Assets | |||||||
| Gross block | - | 2.12 | 2.06 | 2.02 | 0.25 | 0.05 | 0.08 |
| Net block | - | 1.61 | 1.67 | 1.77 | 0.15 | 0.05 | 0.08 |
| Capital work in progress | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Inventories | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sundry debtors | - | 0.17 | 0.12 | 0.03 | 0.00 | 0.00 | 2.21 |
| Cash & bank balances | - | 3.95 | 2.21 | 1.84 | 2.20 | 1.73 | 0.91 |
| Loans & advances | - | 4.79 | 1.69 | 1.47 | 0.75 | 0.45 | 0.28 |
| Total current assets | - | 8.91 | 4.02 | 3.34 | 2.95 | 2.18 | 3.40 |
| Total current liabilities | - | 4.19 | 2.97 | 3.52 | 2.13 | 1.53 | 2.86 |
| Net working capital | - | 4.72 | 1.05 | (0.18) | 0.82 | 0.65 | 0.54 |
| Total assets | - | 9.24 | 2.74 | 1.62 | 0.97 | 0.72 | 0.63 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | - | 2.21 | 1.84 | 2.20 | 1.73 | 0.00 | 0.00 |
| Net cash from operating activities | - | (0.84) | 0.48 | 1.40 | 0.54 | 0.00 | 0.00 |
| Net cash from investing activities | - | (2.81) | (0.06) | (1.78) | (0.12) | 0.00 | 0.00 |
| Net cash from financing activities | - | 5.38 | (0.06) | 0.02 | 0.04 | 0.00 | 0.00 |
| Net change in cash | - | 1.74 | 0.37 | (0.36) | 0.47 | 0.00 | 0.00 |
| Closing cash | - | 3.95 | 2.21 | 1.84 | 2.20 | 1.73 | 0.91 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +41.0% | -1.9% | +87.1% | +183.3% | +199.3% | -90.9% | - |
| EBITDA growth | +16.8% | -11.3% | +76.8% | +280.0% | +177.8% | -89.7% | - |
| PBT growth | +37.2% | -2.0% | +79.8% | +200.0% | +211.1% | -90.2% | +9997.0% |
| Net income growth | +42.2% | -1.8% | +70.8% | +225.0% | +81.8% | -83.6% | - |
| Revenue CAGR (3Y) | +37.3% | +73.2% | +151.3% | -8.4% | - | - | - |
| EBITDA CAGR (3Y) | +22.4% | +81.3% | +165.3% | +3.0% | - | - | - |
| Profitability & leverage | |||||||
| Net income margin | +5.1% | +5.1% | +5.1% | +5.6% | +4.8% | +8.0% | +4.4% |
| Return on capital employed | - | +25.0% | +71.4% | +66.2% | +35.3% | +11.9% | +149.2% |
| Return on net worth | - | +18.3% | +53.3% | +53.5% | +25.2% | +15.3% | +109.8% |
| Debt / equity | - | 0.01 | 0.03 | 0.06 | 0.07 | 0.03 | 0.03 |
| Long-term debt / equity | - | 0.00 | 0.02 | 0.06 | 0.06 | 0.00 | 0.00 |
| Interest cover | 0.00 | 2.19 | 2.60 | 2.50 | 4.35 | 0.00 | 2.44 |
| Efficiency & per share | |||||||
| Fixed asset turnover | - | 10.27 | 10.73 | 10.31 | 27.53 | 21.23 | 190.00 |
| Inventory turnover | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debtors turnover | - | 148.07 | 291.87 | 780.00 | 0.00 | 1.25 | 6.88 |
| EPS (₹) | 4.76 | 3.43 | 5.06 | 7.66 | 39.78 | 19.76 | 134.00 |
| Dividend per share (₹) | 0.00 | 1.50 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 0.00 | 28.95 | 12.02 | 18.08 | 177.26 | 140.00 | 122.00 |
To see the full year-wise statements and ratios of Naturewings Holidays Limited, buy the company report.
Board of directors of Naturewings Holidays Limited
Naturewings Holidays has 7 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sandip Raha | Managing Director | 19 Dec 2018 | 7 Years 10 Months | Current |
| Mousumi Raha | Whole-Time Director | 19 Dec 2018 | 7 Years 10 Months | Current |
| Suman Kumar Paul | Whole-Time Director | 12 Aug 2022 | 4 Years 2 Months | Current |
| Sneha Kajaria Also directs: Retailez Commerce Private Limited, Retailez Private Limited | Director | 02 Sep 2022 | 4 Years 2 Months | Current |
| Soumya Sujit Mishra | Director | 02 Sep 2022 | 4 Years 2 Months | Current |
| Dibyava Raha | Director | 01 Aug 2025 | 1 Years 3 Months | Current |
Showing 6 of 7 current directors. View all directors
Peer comparison
Naturewings Holidays Limited is compared with the 6 companies closest to it by revenue in the Transport and Logistics industry (Tour and Travel Operators), 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 |
|---|---|---|---|---|---|---|
| Naturewings Holidays Limitedthis company | ₹30.27 Cr (FY 2026) | ₹1.55 Cr | 5.1% | 41.0% | Kolkata, West Bengal, India | |
| Tern Voyages Private Limited | ₹21.77 Cr (FY 2025) | 40.0% | Chennai, Tamil Nadu, India | |||
| Travel N More India Private Limited | ₹21.74 Cr (FY 2025) | 10.0% | New Delhi, Delhi, India | |||
| Atlas Tours and Travels Private Limited | ₹21.62 Cr (FY 2025) | 21.0% | Mumbai, Maharashtra, India | |||
| Visvas Voyages (India) Private Limited | ₹21.43 Cr (FY 2025) | -22.0% | Bangalore, Karnataka, India | |||
| United Visa Services Private Limited | ₹21.28 Cr (FY 2025) | -11.0% | Chennai, Tamil Nadu, India | |||
| Girikand Logistics Private Limited | ₹21.25 Cr (FY 2025) | -5.0% | Pune, Maharashtra, India |
To see the full peer comparison of Naturewings Holidays Limited, buy the company report.
Charges & borrowings
Open charges
₹8.87 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Feb 2022 | 100535372 | Hdfc Bank Limited | ₹8.87 Lakh | Open |
Total charge records: 1 View all charges
Deals & funding
Naturewings Holidays Limited has 18 deals on record (11 market trades, 6 secondary share transfers, 1 ipo); the latest was in September 2025.
Total deals
18
Market trades
11
Secondary share transfers
6
IPO
1
Deals on record (5 of 18)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2025 | Market trade | ₹11.8 Lakh | Buyer: an individual |
| Apr 2025 | Market trade | ₹13.7 Lakh | Buyer: an individual Seller: an individual |
| Feb 2025 | Market trade | ₹18.5 Lakh | Buyer: an individual Seller: an individual |
| Nov 2024 | Market trade | ₹12.7 Lakh | Buyer: Rohan Vinay Pai Huf |
| Sep 2024 | Market trade | ₹43.9 Lakh | Buyer: an individual Seller: Pure Broking Private Limited |
To see the full deal history of Naturewings Holidays 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
No court or tribunal cases involving Naturewings Holidays 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 Naturewings Holidays Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Naturewings Holidays has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AAGCN3316F1ZL | West Bengal | Active | 04 Apr 2019 |
To see the full GST registrations and return filing status of Naturewings Holidays Limited, buy the company report.
Recent activity
Naturewings Holidays Limited has 9 board changes on record since 2018: 7 appointments and 2 cessations. The latest: Kunaal Deepak Agashe was appointed as Director on 29 May 2026.
AGM
Naturewings Holidays Limited last Annual general meeting of members was held on 31 Aug 2026 as per latest MCA records.
Appointed
Kunaal Deepak Agashe was appointed as Director.
Filing
Naturewings Holidays Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Kolkata Ii.
Appointed
Dibyava Raha was appointed as Director.
Appointed
Sneha Kajaria was appointed as Director.
Appointed
Soumya Sujit Mishra was appointed as Director.
Ceased
Santanu Banerjee ceased to be Additional Director.
Appointed
Suman Kumar Paul was appointed as Whole-Time Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.09 Cr with Charge ID 100535372 was registered on 08 Feb 2022.
Ceased
Arijit Mitra ceased to be Director.
Appointed
Mousumi Raha was appointed as Whole-Time Director.
Appointed
Sandip Raha was appointed as Managing Director.
1 earlier event is in the company report.
Frequently asked questions
Naturewings Holidays is an active public limited company based in Kolkata, West Bengal, India. The company works in travel and tour services, within the transport and logistics industry. It was incorporated on 19 December 2018 (8+ years old) and is registered under CIN L63030WB2018PLC229417. Listed on BSE: 544245.
Naturewings Holidays reported revenue of ₹30.27 Cr for FY 2025-26 (up 41% YoY) based on standalone financials.
Naturewings Holidays has 7 current directors:
- Sandip Raha - Managing Director
- Mousumi Raha - Whole-Time Director
- Suman Kumar Paul - Whole-Time Director
- Sneha Kajaria - Director
- Soumya Sujit Mishra - Director
- Dibyava Raha - Director
- Kunaal Deepak Agashe - Director
The latest financial statements of Naturewings Holidays on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 31 August 2026. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Naturewings Holidays is 19AAGCN3316F1ZL, registered in West Bengal.
The CIN (Corporate Identification Number) of Naturewings Holidays is L63030WB2018PLC229417. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Naturewings Holidays is a listed company as per MCA records. Its shares are listed on BSE (code: 544245).
Naturewings Holidays was incorporated on 19 December 2018, making it 8+ years old. It is registered with the Registrar of Companies, Kolkata.
Naturewings Holidays has 18 deals on record (11 market trades, 6 secondary share transfers, 1 ipo); the latest was in September 2025.
The peers of Naturewings Holidays by revenue are Tern Voyages Private Limited, Travel N More India Private Limited, Atlas Tours and Travels Private Limited, Visvas Voyages (India) Private Limited, United Visa Services Private Limited and 1 more, all in the Transport and Logistics industry (Tour and Travel Operators), with the same principal business activity (travel agency and tour operators).
Kunaal Deepak Agashe was appointed as Director on 29 May 2026. Dibyava Raha was appointed as Director on 01 Aug 2025. Sneha Kajaria was appointed as Director on 02 Sep 2022. Naturewings Holidays has 9 board changes on record in total.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
Swiggy Limited Listed company · 92 pages
BharatPe (Resilient Innovations Pvt Ltd) Unlisted company · 78 pages