MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-DL-08-0002668
Pinnacle Air Private Limited - transport and logistics in New Delhi, Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹52.97 Cr
▲ 41% YoY
Net loss · FY 2025
₹4.04 Cr
Net margin -7.6%
EBITDA · FY 2025
₹3.37 Cr
EBITDA margin 6.4%
Authorised capital
₹15 Cr
Registered with MCA
Paid-up capital
₹15 Cr
Issued & subscribed
Open charges
₹26.45 Cr
Secured borrowings
Company age
22 yrs
Est. 2004
Directors on board
2
As per MCA filings
About Pinnacle Air Private Limited
Data last updated:
Pinnacle Air Private Limited is a private limited company based in New Delhi, Delhi, India, a subsidiary of Shaurya Aeronautics Private Limited. It operates in the air charter and private aviation segment of the transport and logistics sector. It was incorporated on 20 December 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U62100DL2004PTC131385. Its GSTIN is 07AADCP4562E1ZJ (Delhi). The company holds 6 GST registrations, all of them active.
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹15 Cr. It is led by directors Sandeep Saraf and Mahendra Bisht.
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 T – 15 2nd Floor Green Park Main, New Delhi, Delhi, India – 110016.
As per the financials filed for FY 2025, the company reported a revenue of ₹52.97 Cr, a growth of 41% compared to the previous year. For the same year it recorded a net loss of ₹4.04 Cr (net margin -7.6%) and EBITDA of ₹3.37 Cr (EBITDA margin 6.4%). Revenue has grown at a compounded annual rate (CAGR) of 53% over three years and 10% over five years.
The company is associated with 1 brand: Pinnacleair. As per MCA filings, the company has open charges of ₹26.45 Cr on record. Court records list 20 cases involving the company, including 5 filed by the company and 15 filed against it; 2 cases are pending.
Pinnacle Air Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-08-0002668). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website pinnacleair.org.
Company details
CIN U62100DL2004PTC131385
Registration Number 131385
Incorporation Date 20 December 2004
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Shaurya Aeronautics Private Limited
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-DL-08-0002668
Key People
Sandeep Saraf Director Mahendra Bisht Director Recognitions & Rankings of Pinnacle Air
Contact details
Pinnacle Air Private Limited's registered office is in New Delhi, Delhi. Its website is pinnacleair.org. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressT – 15 2nd Floor Green Park Main, New Delhi, Delhi, India – 110016
- IndustryTransport and Logistics, Air Charter & Private Aviation
To see the full contact details of Pinnacle Air Private Limited, buy the company report.
Comprehensive company report
Pinnacle Air 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Pinnacle Air operates one associated brand: Pinnacleair. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Aviation charter services, consulting, and pilgrimage tours are provided in India. | pinnacleair.org |
Business activity
The main business activity of Pinnacle Air is transport and storage. In detail, this covers services incidental to land, water & air transportation.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transport and storage | H5 | Services incidental to land, water & air transportation |
To see the full business activity and turnover split of Pinnacle Air Private Limited, buy the company report.
Financials of Pinnacle Air Private Limited
FY 2025 filings availablePinnacle Air Private Limited reported revenue of ₹52.97 Cr (up 41% YoY) for FY 2025.
Revenue · FY 2025
₹52.97 Cr ▲ 41%
Net loss · FY 2025
₹4.04 Cr margin -7.6%
EBITDA · FY 2025
₹3.37 Cr margin 6.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 41%
3 years · compounded
▲ 53%
5 years · compounded
▲ 10%
EBITDA CAGR growth
1 year
▲ 144%
3 years · compounded
▲ 8%
5 years · compounded
▼ 5%
Revenue has grown at a compounded annual rate (CAGR) of 10% over five years, including 41% growth in the latest year. EBITDA rose 144% 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 |
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| EBITDA | ₹3.37 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹4.04 Cr | ||||
| Balance Sheet | |||||
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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 | 6.4% | ||||
| Net Profit Margin | -7.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Pinnacle Air Private Limited, buy the company report.
Board of directors of Pinnacle Air Private Limited
Pinnacle Air has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sandeep Saraf Also directs: Shaurya JB Mines LLP, JDN Agro LLP, Ultra Shine Aviation India Private Limited and 5 more | Director | 14 Sep 2021 | 5 Years 1 Months | Current |
| Mahendra Bisht | Director | 25 Apr 2025 | 1 Years 5 Months | Current |
Auditor
Pinnacle Air Private Limited is audited by SANGAL & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SANGAL & ASSOCIATES | FY 2023 | 024182N |
Shareholding
The shareholding of Pinnacle Air 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 Pinnacle Air Private Limited, buy the company report.
Charges & borrowings
Open charges
₹26.45 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Apr 2025 | 101084673 | Others | ₹26.23 Cr | Open | |
| 22 Sep 2022 | 100624534 | Others | ₹11 Lakh | Open | |
| 22 Sep 2022 | 100624915 | Others | ₹11 Lakh | Open |
Total charge records: 3 View all charges
Legal cases
Pinnacle Air Private Limited has 20 court cases on record: 5 filed by Pinnacle Air, 15 filed against it. 2 cases are pending and 18 are disposed.
Total cases
20
Filed by the company
5
Filed against the company
15
Pending
2
Disposed
18
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 10 | 8 | 0 |
| District courts | 6 | 5 | 1 |
| Supreme Court | 3 | 1 | 0 |
| NCLAT | 1 | 1 | 1 |
Cases on record (5 of 20)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Special civil application | Filed against the company by Vels Aviation Services Ifsc Private Limited and 3 others | Disposed |
| High Court, GUJARAT | Court case (AO) | Filed against the company by Vels Aviation Services Ifsc Private Limited and 3 others | Disposed |
| District court, South, Delhi | Criminal case | Filed by the company against M/S Shivris Resources Pvt. Ltd. and Others and 1 other | Disposed |
| High Court of Delhi | Court case (CO.PET.) | Filed against the company by Cowi India Pvt Ltd | Disposed |
| NCLAT, NCLAT New Delhi | Insolvency matter | Filed against the company by M/S Electronik Lab India Pvt Ltd | Pending |
To see the full case history of Pinnacle Air 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 Pinnacle Air Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Pinnacle Air has 6 GST registrations: 6 active. The first 4 active GSTINs are listed below.
Total GSTINs
6
Active
6
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AADCP4562E1ZJ | Delhi | Active | 01 Jul 2017 |
| 19AADCP4562E1ZE | West Bengal | Active | 10 Jul 2017 |
| 05AADCP4562E1ZN | Uttarakhand | Active | 11 May 2018 |
| 33AADCP4562E1ZO | Tamil Nadu | Active | 02 Aug 2018 |
To see the full GST registrations and return filing status of Pinnacle Air Private Limited, buy the company report.
Recent activity
Pinnacle Air Private Limited has 10 board changes on record since 2004: 6 appointments and 4 cessations. The latest: Mahendra Bisht was appointed as Director on 25 Apr 2025.
AGM
Pinnacle Air Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 26.23 Cr with Charge ID 101084673 was registered on 25 Apr 2025.
Appointed
Mahendra Bisht was appointed as Director.
Ceased
Nidhi Narula Saraf ceased to be Director.
Filing
Pinnacle Air Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi.
Ceased
Subrata Ghosh ceased to be Director.
Ceased
Denzil Keelor ceased to be Director.
Appointed
Subrata Ghosh was appointed as Director.
Charges
A charge with Others amounted to Rs. 0.11 Cr with Charge ID 100624534 was registered on 22 Sep 2022.
Charges
A charge with Others amounted to Rs. 0.11 Cr with Charge ID 100624915 was registered on 22 Sep 2022.
Appointed
Sandeep Saraf was appointed as Director.
Ceased
Rohit ceased to be Company Secretary.
4 earlier events are in the company report.
Frequently asked questions
Pinnacle Air is an active private limited company based in New Delhi, Delhi, India. The company works in air charter and private aviation, within the transport and logistics industry. It was incorporated on 20 December 2004 (22+ years old) and is registered under CIN U62100DL2004PTC131385.
Pinnacle Air has 2 current directors:
- Sandeep Saraf - Director
- Mahendra Bisht - Director
The latest financial statements of Pinnacle Air 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 Pinnacle Air is 07AADCP4562E1ZJ, registered in Delhi. The company has 6 GST registrations in all, of which 6 are active. Other active GSTINs include 19AADCP4562E1ZE (West Bengal), 05AADCP4562E1ZN (Uttarakhand), 33AADCP4562E1ZO (Tamil Nadu).
The CIN (Corporate Identification Number) of Pinnacle Air is U62100DL2004PTC131385. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pinnacle Air has 20 court cases on record: 5 filed by the company and 15 filed against it. 2 are pending. Most are in the high courts.
Pinnacle Air was incorporated on 20 December 2004, making it 22+ years old. It is registered with the Registrar of Companies, Delhi.
Mahendra Bisht was appointed as Director on 25 Apr 2025. Nidhi Narula Saraf ceased to be Director on 25 Apr 2025. Subrata Ghosh ceased to be Director on 24 Oct 2024. Pinnacle Air has 10 board changes on record in total.
Yes, Pinnacle Air is registered as a medium enterprise under Udyam registration (number: UDYAM-DL-08-0002668).
Pinnacle Air can be reached through the website pinnacleair.org. Its registered office is in New Delhi, Delhi, India.