Penance Airways Private Limited
About Penance Airways Private Limited
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Penance Airways Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the air transportation segment of the aviation sector. It was incorporated on 07 June 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U62100MH2012PTC231960.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Arif Mohammed Naseer Shaikh and Krishna Gangaram Ambekar.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at 60 / 2666 Tirupati Chs Mhb Colony Gandhi Nagar Bandra (East), Mumbai, Maharashtra, India – 400051.
As per the financials filed for FY 2017, the company reported a revenue of ₹50,000. For the same year it recorded a net profit of ₹9,705 (net margin 19.4%) and EBITDA of -₹20,675 (EBITDA margin -41.4%).
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Penance Airways Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address60 / 2666 Tirupati Chs Mhb Colony Gandhi Nagar Bandra (East), Mumbai, Maharashtra, India – 400051
- IndustryAviation, Air Transportation
To see the full contact details of Penance Airways 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 Penance Airways Private Limited
FY 2018 filings availablePenance Airways Private Limited reported revenue of ₹50,000 for FY 2017.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹50,000 | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹20,675 | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹9,705 | ||
| 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -41.4% | ||
| Net Profit Margin | 19.4% | ||
| 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 Penance Airways Private Limited, buy the company report.
Board of directors of Penance Airways Private Limited
Penance Airways has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arif Mohammed Naseer Shaikh Also directs: Random Realtors Private Limited | Director | 31 Dec 2016 | 9 Years 9 Months | Current |
| Krishna Gangaram Ambekar Also directs: Random Realtors Private Limited | Director | 07 Jun 2012 | 14 Years 4 Months | Current |
Auditor
Penance Airways Private Limited is audited by Thar & Co for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Thar & Co | FY 2017 | 110958W |
Shareholding
The shareholding of Penance Airways Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Penance Airways Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Penance Airways Private 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 Penance Airways Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Penance Airways Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Penance Airways Private Limited has 7 board changes on record since 2012: 2 appointments and 5 cessations. The latest: Krishna Gangaram Ambekar ceased to be Director on 30 Nov 2021.
Frequently asked questions
Penance Airways is an active private limited company based in Mumbai, Maharashtra, India. The company works in air transportation, within the aviation industry. It was incorporated on 07 June 2012 (14+ years old) and is registered under CIN U62100MH2012PTC231960.
Penance Airways has 2 current directors:
- Arif Mohammed Naseer Shaikh - Director
- Krishna Gangaram Ambekar - Director
The latest financial statements of Penance Airways on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Penance Airways is U62100MH2012PTC231960. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Penance Airways was incorporated on 07 June 2012, making it 14+ years old. It is registered with the Registrar of Companies, Mumbai.
Krishna Gangaram Ambekar ceased to be Director on 30 Nov 2021. Arif Mohammed Naseer Shaikh ceased to be Additional Director on 29 Sep 2017. Arif Mohammed Naseer Shaikh was appointed as Director on 31 Dec 2016. Penance Airways has 7 board changes on record in total.
The registered office of Penance Airways is at 60 2666 Tirupati Chs Mhb Colony Gandhi Nagar Bandra East, Mumbai, Maharashtra, India – 400051.
Penance Airways operates in the aviation industry, in the air transportation segment.
The compliance status of Penance Airways is compliant as of 31 July 2026. The company is actively filing with the Registrar of Companies.
Penance Airways can be reached at its registered office: 60 2666 Tirupati Chs Mhb Colony Gandhi Nagar Bandra East, Mumbai, Maharashtra, India – 400051.