About Planet-X Aerospace Services Private Limited
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Planet-X Aerospace Services Private Limited is a private limited company based in Madurai, Tamil Nadu, India. It operates in the air charter and private aviation segment of the transport and logistics sector. It was incorporated on 13 November 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U62100TN2019PTC132530. Its GSTIN is 33AAKCP8675K1ZQ (Tamil Nadu).
The company has an authorised share capital of ₹4.5 Cr and a paid-up capital of ₹3.65 Cr. It is led by directors including Muthusamy Kumaran (Managing Director) and Shanmugam Kamalakannan.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at No – 78/04 Byepass Road First Floor, Madurai, Tamil Nadu, India – 625010.
As per the financials filed for FY 2022, the company reported a revenue of ₹1.12 Cr, a decline of 18% compared to the previous year. For the same year it recorded a net loss of ₹72.65 Lakh (net margin -64.6%) and EBITDA of -₹70.39 Lakh (EBITDA margin -62.6%).
For more details, the company can be reached via its website planetxaerospace.com.
Company details
Contact details
Planet-X Aerospace Services Private Limited's registered office is in Madurai, Tamil Nadu. Its website is planetxaerospace.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo – 78/04 Byepass Road First Floor, Madurai, Tamil Nadu, India – 625010
- IndustryTransport and Logistics, Air Charter & Private Aviation
To see the full contact details of Planet-X Aerospace 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
Business activity
The main business activity of Planet-X Aerospace Services is transport and storage. In detail, this covers air transport.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transport and storage | H4 | Air transport |
To see the full business activity and turnover split of Planet-X Aerospace Services Private Limited, buy the company report.
Financials of Planet-X Aerospace Services Private Limited
FY 2022 filings availablePlanet-X Aerospace Services Private Limited reported revenue of ₹1.12 Cr (down 18% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue fell 18% in the latest year. EBITDA fell 38% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
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| EBITDA | -₹70.39 Lakh | ||
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| Net Profit (PAT) | -₹72.65 Lakh | ||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | -62.6% | ||
| Net Profit Margin | -64.6% | ||
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To see the full financial statements and ratios of Planet-X Aerospace Services Private Limited, buy the company report.
Board of directors of Planet-X Aerospace Services Private Limited
Planet-X Aerospace Services has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Muthusamy Kumaran | Managing Director | 13 Nov 2019 | 6 Years 11 Months | Current |
| Shanmugam Kamalakannan Also directs: Vendomatic India Private Limited, Explora Retail Private Limited, Ivo Mac LLP and 5 more | Director | 13 Nov 2019 | 6 Years 11 Months | Current |
| Mohamed Rabeek Also directs: Vil Aviation Private Limited | Director | 10 Nov 2020 | 5 Years 11 Months | Current |
| Arumugam Satish Kumar | Director | 20 Jun 2020 | 6 Years 4 Months | Current |
Legal cases
No court or tribunal cases involving Planet-X Aerospace Services 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 Planet-X Aerospace Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Planet-X Aerospace Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAKCP8675K1ZQ | Tamil Nadu | Active | 12 Jan 2020 |
To see the full GST registrations and return filing status of Planet-X Aerospace Services Private Limited, buy the company report.
Recent activity
Planet-X Aerospace Services Private Limited has 7 board changes on record since 2019: 4 appointments and 3 cessations. The latest: Arumugam Satish Kumar ceased to be Additional Director on 31 Dec 2020.
Frequently asked questions
Planet-X Aerospace Services is an active private limited company based in Madurai, Tamil Nadu, India. The company works in air charter and private aviation, within the transport and logistics industry. It was incorporated on 13 November 2019 (7+ years old) and is registered under CIN U62100TN2019PTC132530.
Planet-X Aerospace Services has 4 current directors:
- Muthusamy Kumaran - Managing Director
- Shanmugam Kamalakannan - Director
- Mohamed Rabeek - Director
- Arumugam Satish Kumar - Director
The latest financial statements of Planet-X Aerospace Services on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Planet-X Aerospace Services is 33AAKCP8675K1ZQ, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Planet-X Aerospace Services is U62100TN2019PTC132530. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Planet-X Aerospace Services was incorporated on 13 November 2019, making it 7+ years old. It is registered with the Registrar of Companies, Chennai.
Arumugam Satish Kumar ceased to be Additional Director on 31 Dec 2020. Mohamed Rabeek ceased to be Additional Director on 31 Dec 2020. Mohamed Rabeek was appointed as Director on 10 Nov 2020. Planet-X Aerospace Services has 7 board changes on record in total.
Planet-X Aerospace Services can be reached through the website planetxaerospace.com. Its registered office is in Madurai, Tamil Nadu, India.
The registered office of Planet-X Aerospace Services is at No – 7804 Byepass Road First Floor, Madurai, Tamil Nadu, India – 625010.
Planet-X Aerospace Services operates in the transport and logistics industry, in the air charter and private aviation segment.
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