About Simply Flysmart Private Limited
Data last updated:
Simply Flysmart Private Limited is a private limited company based in Siliguri, West Bengal, India. It operates in the travel and tour services segment of the transport and logistics sector. It was incorporated on 20 March 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U63030WB2018PTC225249. Its GSTIN is 19AACCU2226R1ZU (West Bengal).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹39 Lakh. It was formerly known as Flysmart Private Limited and Udaan Flysmart Private Limited. It is led by directors Ankit Agarwal and Ankush Agarwal.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at T – 90 The Planet 2.5 Mile Sevoke Road, Siliguri, West Bengal, India – 734001.
As per the financials filed for FY 2025, the company reported a revenue of ₹8.25 Cr, a decline of 97% compared to the previous year. For the same year it recorded a net profit of ₹8.39 Lakh (net margin 1%) and EBITDA of ₹33.57 Lakh (EBITDA margin 4.1%). Revenue has declined at a compounded annual rate (CAGR) of 50% over three years and 12% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹3.5 Cr on record. The company has 3 deals on record (2 rights issues, 1 secondary share transfer); the latest was in February 2022. Its 5 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 2 smaller; the largest is Across the Monde Travel and Tours Private Limited with revenue of ₹8.27 Cr.
For more details, the company can be reached via its website myudaan.in.
Company details
Name history
Simply Flysmart has undergone 3 name changes throughout its history. The company was previously known as Flysmart Private Limited, Udaan Flysmart Private Limited, and Go Flysmart Private Limited. The current legal name is Simply Flysmart Private Limited.
| Company Name | Status |
|---|---|
| Simply Flysmart Private Limited | Current |
| Flysmart Private Limited | Previous |
| Udaan Flysmart Private Limited | Previous |
| Go Flysmart Private Limited | Previous |
Contact details
Simply Flysmart Private Limited's registered office is in Siliguri, West Bengal. Its website is myudaan.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressT – 90 The Planet 2.5 Mile Sevoke Road, Siliguri, West Bengal, India – 734001
- IndustryTransport and Logistics, Travel & Tour Services
To see the full contact details of Simply Flysmart 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 Simply Flysmart 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 Simply Flysmart Private Limited, buy the company report.
Financials of Simply Flysmart Private Limited
FY 2024 filings availableSimply Flysmart Private Limited reported revenue of ₹8.25 Cr (down 97% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 12% over five years, including a 97% fall in the latest year. EBITDA fell 96% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹33.57 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹8.39 Lakh | ||||
| 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.1% | ||||
| Net Profit Margin | 1% | ||||
| 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 Simply Flysmart Private Limited, buy the company report.
Board of directors of Simply Flysmart Private Limited
Simply Flysmart has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ankit Agarwal Also directs: Goflysmart Holidays Private Limited | Director | 20 Mar 2018 | 8 Years 7 Months | Current |
| Ankush Agarwal Also directs: Goflysmart Holidays Private Limited | Director | 20 Mar 2018 | 8 Years 7 Months | Current |
Peer comparison
Simply Flysmart Private Limited is compared with the 5 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 |
|---|---|---|---|---|---|---|
| Across the Monde Travel and Tours Private Limited | ₹8.27 Cr (FY 2025) | 16.0% | Hyderabad, Telangana, India | |||
| SHS Holidays Private Limited | ₹8.27 Cr (FY 2025) | 8.0% | New Delhi, Delhi, India | |||
| Travelounce Private Limited | ₹8.26 Cr (FY 2025) | 32.0% | New Delhi, Delhi, India | |||
| Simply Flysmart Private Limitedthis company | ₹8.25 Cr (FY 2025) | ₹8.39 Lakh | 1% | -97.0% | 1 | Siliguri, West Bengal, India |
| Skyroutes (India) Private Limited | ₹8.24 Cr (FY 2025) | -2.0% | Chennai, Tamil Nadu, India | |||
| Ag. Travels Solutions Management Private Limited | ₹8.23 Cr (FY 2025) | -7.0% | Pune, Maharashtra, India |
To see the full peer comparison of Simply Flysmart Private Limited, buy the company report.
Auditor
Simply Flysmart Private Limited is audited by R JHAWAR & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R JHAWAR & ASSOCIATES | FY 2023 | 330238E |
Shareholding
The shareholding of Simply Flysmart 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 Simply Flysmart Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Mar 2021 | 100433975 | Canara Bank | ₹3.5 Cr | Open |
To see the full charge records of Simply Flysmart Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Simply Flysmart Private Limited has 3 deals on record (2 rights issues, 1 secondary share transfer); the latest was in February 2022.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2022 | Rights issue | ₹52 Lakh | Investors: 2 individuals |
| Dec 2019 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
| Mar 2019 | Rights issue | ₹16 Lakh | Investors: 4 individuals |
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 Simply Flysmart 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 Simply Flysmart Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Simply Flysmart Private Limited has a workforce of 1 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.
GST
Simply Flysmart has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AACCU2226R1ZU | West Bengal | Active | 07 Apr 2018 |
To see the full GST registrations and return filing status of Simply Flysmart Private Limited, buy the company report.
Recent activity
Simply Flysmart Private Limited has 6 board changes on record since 2018: 4 appointments and 2 cessations. The latest: Nishi Kant Agarwal ceased to be Director on 26 Nov 2019.
Frequently asked questions
Simply Flysmart is an active private limited company based in Siliguri, West Bengal, India. The company works in travel and tour services, within the transport and logistics industry. It was incorporated on 20 March 2018 (8+ years old) and is registered under CIN U63030WB2018PTC225249.
Simply Flysmart has 2 current directors:
- Ankit Agarwal - Director
- Ankush Agarwal - Director
The latest financial statements of Simply Flysmart on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Simply Flysmart is 19AACCU2226R1ZU, registered in West Bengal.
The CIN (Corporate Identification Number) of Simply Flysmart is U63030WB2018PTC225249. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Simply Flysmart was incorporated on 20 March 2018, making it 8+ years old. It is registered with the Registrar of Companies, Kolkata.
Simply Flysmart has 3 deals on record (2 rights issues, 1 secondary share transfer); the latest was in February 2022.
The peers of Simply Flysmart by revenue are Across the Monde Travel and Tours Private Limited, SHS Holidays Private Limited, Travelounce Private Limited, Skyroutes (India) Private Limited, Ag. Travels Solutions Management Private Limited, all in the Transport and Logistics industry (Tour and Travel Operators), with the same principal business activity (travel agency and tour operators).
Nishi Kant Agarwal ceased to be Director on 26 Nov 2019. Sashi Kant Agarwal ceased to be Director on 26 Nov 2019. Ankit Agarwal was appointed as Director on 20 Mar 2018. Simply Flysmart has 6 board changes on record in total.
Simply Flysmart can be reached through the website myudaan.in. Its registered office is in Siliguri, West Bengal, India.
The registered office of Simply Flysmart is at T – 90 The Planet 2.5 Mile Sevoke Road, Siliguri, West Bengal, India – 734001.