About Sovika Airline Services Limited
Data last updated:
Sovika Airline Services Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the air charter and private aviation segment of the transport and logistics sector. It was incorporated on 06 November 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U62200MH1992PLC069455. Its GSTIN is 27AAACN1790P1ZZ (Maharashtra).
The company has an authorised share capital of ₹12 Cr and a paid-up capital of ₹5.54 Cr. It was formerly known as Sovika Infotek Limited and Nova Software Private Limited. It is led by directors including Sohan Chotalal Mehta and Sahil Sohan Mehta.
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 B/2 Parekh Mahal 30 – Veer Nariman Road, Mumbai, Maharashtra, India – 400020.
As per the financials filed for FY 2025, the company reported a revenue of ₹13.51 Lakh. For the same year it recorded a net profit of ₹11.63 Lakh (net margin 86.1%) and EBITDA of ₹13.29 Lakh (EBITDA margin 98.4%). Revenue has grown at a compounded annual rate (CAGR) of 37% over three years and 203% over five years.
As per MCA filings, the company has open charges of ₹85 Cr on record. Court records list 2 cases involving the company, including 2 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sovikagroup.com.
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- Registered AddressB/2 Parekh Mahal 30 – Veer Nariman Road, Mumbai, Maharashtra, India – 400020
- IndustryTransport and Logistics, Air Charter & Private Aviation
- 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
- One PDF report, delivered after checkout
Financials of Sovika Airline Services Limited FY 2025 filings available
Sovika Airline Services Limited reported revenue of ₹13.51 Lakh for FY 2025.
Compounded Annual Growth Rate (CAGR) of Sovika Airline Services Limited
Revenue has grown at a compounded annual rate (CAGR) of 203% over five years. 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 of Sovika Airline Services Limited
| 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 | ₹13.29 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹11.63 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 of Sovika Airline Services Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 98.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 86.1% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Sovika Airline Services are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Sovika Airline Services Limited
Sovika Airline Services Limited is compared with the companies closest to it by revenue in the Aviation industry (Charter Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Dragonfly Aviation Services Private Limited | ₹17.08 Lakh (FY 2024) | •••• | •••• | 13.0% | •••• | Pune, Maharashtra, India |
| Cat Air Private Limited | ₹15.74 Lakh (FY 2025) | •••• | •••• | -57.0% | •••• | New Delhi, Delhi, India |
| Cicerone Air Transport Services Private Limited | ₹15.12 Lakh (FY 2024) | •••• | •••• | 399.0% | •••• | Goa, India |
| Naik Business Services Private Limited | ₹14.81 Lakh (FY 2024) | •••• | •••• | 6532.0% | •••• | Mumbai, Maharashtra, India |
| Arrow Aircraft Services Private Limited | ₹14 Lakh (FY 2025) | •••• | •••• | •••• | New Delhi, Delhi, India | |
| Sovika Airline Services Limited this company | ₹13.51 Lakh (FY 2025) | •••• | •••• | •••• | Mumbai, Maharashtra, India | |
| Se Aerospace-One Private Limited | ₹13.43 Lakh (FY 2025) | •••• | •••• | -32.0% | •••• | Delhi, India |
| The Great India Aviation Services Private Limited | ₹13.24 Lakh (FY 2024) | •••• | •••• | 1294.0% | •••• | Trivandrum, Kerala, India |
| Asia Aviation Private Limited | ₹12.91 Lakh (FY 2019) | •••• | •••• | 133.0% | •••• | New Delhi, Delhi, India |
| NS Aviation Private Limited | ₹12.84 Lakh (FY 2021) | •••• | •••• | -2.0% | •••• | Srinagar, Jammu & Kashmir, India |
| Flightshares Private Limited | ₹12.64 Lakh (FY 2024) | •••• | •••• | 8.0% | •••• | Chennai, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Sovika Airline Services by revenue in the Aviation industry (Charter Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Sovika Airline Services Limited
Sovika Airline Services Limited is audited by P C Ghadiali And Co Llp for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| P C Ghadiali And Co Llp | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Sovika Airline Services Limited
Sovika Airline Services has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sohan Chotalal Mehta Also directs: Sovika Chemicals Private Limited, Sahil Real Estate Private Limited, Aircrew Technical Services LLP and 3 more | Director | 06 Nov 1992 | 33 Years 11 Months | Current |
| Sahil Sohan Mehta Also directs: Sovika Chemicals Private Limited, Sahil Real Estate Private Limited, Ip Avenue Facility Management LLP and 5 more | Director | 02 Jan 2000 | 26 Years 9 Months | Current |
| Shirish Khushalchand Desai Also directs: Golden Aviation Services LLP, Sovika Chemicals Private Limited, Technova Remedies (India) Private Limited and 1 more | Director | 01 Jan 1994 | 32 Years 9 Months | Current |
Ownership and Shareholding of Sovika Airline Services Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Sovika Airline Services Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Mar 2019 | Others | ₹69 Cr | Open |
| 26 Sep 2012 | Central Bank of India | ₹16 Cr | Open |
Total charge records: 2 View all charges
Legal Cases of Sovika Airline Services Limited
Sovika Airline Services Limited has 2 court cases on record: 2 filed against it. All cases are disposed. Status as checked between 30 Sep 2026 and 02 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 2 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Tax appeal | Filed against the company by Commissioner of Income-Tax-8, Mumbai | Disposed |
| Bombay High Court | Tax appeal | Filed against the company by Commissioner of Income-Tax-8,Mum | Disposed |
Full case history
All 2 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Sovika Airline Services Limited
Employment history and EPFO contributions of people linked to Sovika Airline Services.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Name History of Sovika Airline Services Limited
Sovika Airline Services has undergone 3 name changes throughout its history. The company was previously known as Sovika Infotek Limited, Nova Software Private Limited, and Sovika Infotek Private Limited. The current legal name is Sovika Airline Services Limited.
| Company Name | Status |
|---|---|
| Sovika Airline Services Limited | Current |
| Sovika Infotek Limited | Previous |
| Nova Software Private Limited | Previous |
| Sovika Infotek Private Limited | Previous |
CIN History of Sovika Airline Services Limited
Sovika Airline Services has one previous CIN (Corporate Identification Number): U72200MH1992PLC069455. The current CIN is U62200MH1992PLC069455, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U62200MH1992PLC069455 | Current |
| U72200MH1992PLC069455 | Previous |
Recent Activity on Sovika Airline Services Limited
Sovika Airline Services Limited has 5 board changes on record since 1992: 3 appointments and 2 cessations. The latest: Sahil Sohan Mehta ceased to be Director on 01 Apr 2010.
Credit Ratings, Litigation & Regulatory Alerts for Sovika Airline Services Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Sovika Airline Services Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Sovika Airline Services Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Sovika Airline Services Limited
Sovika Airline Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACN1790P1ZZ | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Sovika Airline Services Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Sovika Airline Services Limited
Sovika Airline Services is an active public limited company based in Mumbai, Maharashtra, India. The company works in air charter and private aviation, within the transport and logistics industry. It was incorporated on 06 November 1992 (34+ years old) and is registered under CIN U62200MH1992PLC069455.
Sovika Airline Services reported revenue of ₹13.51 Lakh for FY 2025.
Sovika Airline Services has 3 current directors:
- Sohan Chotalal Mehta - Director
- Sahil Sohan Mehta - Director
- Shirish Khushalchand Desai - Director
Sovika Airline Services reported a net profit of ₹11.63 Lakh (net margin 86.1%) and EBITDA of ₹13.29 Lakh (EBITDA margin 98.4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Sovika Airline Services is -37% over three years and 203% over five years. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Sovika Airline Services is 27AAACN1790P1ZZ, registered in Maharashtra.
The CIN (Corporate Identification Number) of Sovika Airline Services is U62200MH1992PLC069455. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sovika Airline Services has 2 court cases on record: 2 filed against it.
Sovika Airline Services was incorporated on 06 November 1992, making it 34+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Sovika Airline Services by revenue are Dragonfly Aviation Services Private Limited, Cat Air Private Limited, Cicerone Air Transport Services Private Limited, Naik Business Services Private Limited, Arrow Aircraft Services Private Limited and 5 more, all in the Aviation industry (Charter Services).
Sahil Sohan Mehta ceased to be Director on 01 Apr 2010. Sohan Chotalal Mehta ceased to be Director on 01 Apr 2010. Sahil Sohan Mehta was appointed as Director on 02 Jan 2000. Sovika Airline Services has 5 board changes on record in total.