About Target Air Services Private Limited
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Target Air Services Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the air charter and private aviation segment of the transport and logistics sector. It was incorporated on 22 August 2022.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U63030DL2022PTC403421. Its GSTIN is 07AAJCT6167H1ZY (Delhi).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹5 Cr. It is led by directors Nitish Suri and Akash Khandelwal.
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 Flat No. 703 7th Floor Nirmal Tower 26, Barakhamba Road, New Delhi, Delhi, India – 110001.
As per the financials filed for FY 2025, the company reported a revenue of ₹16.53 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹1.94 Cr (net margin 11.7%) and EBITDA of ₹5.6 Cr (EBITDA margin 33.8%).
For more details, the company can be reached via its website targetairservices.com.
Company details
Contact details
Target Air Services Private Limited's registered office is in New Delhi, Delhi. Its website is targetairservices.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressFlat No. 703 7th Floor Nirmal Tower 26, Barakhamba Road, New Delhi, Delhi, India – 110001
- IndustryTransport and Logistics, Air Charter & Private Aviation
To see the full contact details of Target Air 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 Target Air 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 Target Air Services Private Limited, buy the company report.
Financials of Target Air Services Private Limited
FY 2025 filings availableTarget Air Services Private Limited reported revenue of ₹16.53 Cr (up 210% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 210% in the latest year. EBITDA rose 196% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
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| EBITDA | ₹5.6 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹1.94 Cr | ||
| Balance Sheet | |||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 33.8% | ||
| Net Profit Margin | 11.7% | ||
| Return on Equity (ROE) | |||
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To see the full financial statements and ratios of Target Air Services Private Limited, buy the company report.
Board of directors of Target Air Services Private Limited
Target Air Services has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nitish Suri Also directs: Target Tours (India) Private Limited | Director | 22 Aug 2022 | 4 Years 2 Months | Current |
| Akash Khandelwal | Director | 22 Aug 2022 | 4 Years 2 Months | Current |
Peer comparison
Target Air Services Private Limited is compared with the 4 companies closest to it by revenue in the Aviation industry (Charter Services), with the same principal business activity (air transport), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Rithwik Green Power and Aviation Private Limited | ₹18.43 Cr (FY 2025) | 20.0% | Hyderabad, Telangana, India | |||
| King Jets Private Limited | ₹18.25 Cr (FY 2018) | 11775.0% | Chennai, Tamil Nadu, India | |||
| Target Air Services Private Limitedthis company | ₹16.53 Cr (FY 2025) | ₹1.94 Cr | 11.7% | 210.0% | New Delhi, Delhi, India | |
| Avocet Aviation Private Limited | ₹16.5 Cr (FY 2025) | 205.0% | Ahmedabad, Gujarat, India | |||
| Jyoti Infrastructure Private Limited | ₹14.13 Cr (FY 2024) | -24.0% | Bhubaneswar, Odisha, India |
To see the full peer comparison of Target Air Services Private Limited, buy the company report.
Auditor
Target Air Services Private Limited is audited by Shaily Gupta & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Shaily Gupta & Associates | FY 2023 | 0023804N |
Shareholding
The shareholding of Target Air Services Private Limited is on record for FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Target Air Services Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Target Air 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 Target Air Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Target Air Services Private Limited has 1 active EPFO establishment as of Apr 07, 2024.
GST
Target Air Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAJCT6167H1ZY | Delhi | Active | 24 Sep 2022 |
To see the full GST registrations and return filing status of Target Air Services Private Limited, buy the company report.
Recent activity
Target Air Services Private Limited has 2 board changes on record since 2022: 2 appointments. The latest: Akash Khandelwal was appointed as Director on 22 Aug 2022.
Frequently asked questions
Target Air Services 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 22 August 2022 (4+ years old) and is registered under CIN U63030DL2022PTC403421.
Target Air Services has 2 current directors:
- Nitish Suri - Director
- Akash Khandelwal - Director
The latest financial statements of Target Air Services 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 FY 2023 are in the company report.
The GSTIN of Target Air Services is 07AAJCT6167H1ZY, registered in Delhi.
The CIN (Corporate Identification Number) of Target Air Services is U63030DL2022PTC403421. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Target Air Services was incorporated on 22 August 2022, making it 4+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Target Air Services by revenue are Rithwik Green Power and Aviation Private Limited, King Jets Private Limited, Avocet Aviation Private Limited, Jyoti Infrastructure Private Limited, all in the Aviation industry (Charter Services), with the same principal business activity (air transport).
Akash Khandelwal was appointed as Director on 22 Aug 2022. Nitish Suri was appointed as Director on 22 Aug 2022.
Target Air Services can be reached through the website targetairservices.com. Its registered office is in New Delhi, Delhi, India.
The registered office of Target Air Services is at Flat No. 703 7th Floor Nirmal Tower 26, Barakhamba Road, New Delhi, Delhi, India – 110001.
Target Air Services operates in the transport and logistics industry, in the air charter and private aviation segment.
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