Tec Air Private Limited
About Tec Air Private Limited
Data last updated:
Tec Air Private Limited was a private limited company based in New Delhi, Delhi, India, operated as a subsidiary of Cross Air Service Private Limited. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the travel and tourism segment of the tourism and accommodation sector. It was incorporated on 25 February 1994.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL1994PTC057588. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹18 Lakh and a paid-up capital of ₹17.07 Lakh. It was led by directors including Som Nath (Managing Director) and Surinder Kumar Sharma.
Its last annual general meeting (AGM) was held on 28 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at 42 Zamrudpur Community Centre Kailash Colony Extension, New Delhi, Delhi, India – 110048.
As per the financials filed for FY 2017, the company reported a revenue of ₹72,204, a decline of 11% compared to the previous year. For the same year it recorded a net profit of ₹3,239 (net margin 4.5%) and EBITDA of ₹11,904 (EBITDA margin 16.5%).
Company details
Contact details
Tec Air Private Limited's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address42 Zamrudpur Community Centre Kailash Colony Extension, New Delhi, Delhi, India – 110048
- IndustryTourism and Accommodation, Travel & Tourism
To see the full contact details of Tec Air 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 Tec Air 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 |
Financials of Tec Air Private Limited
FY 2017 filings availableTec Air Private Limited reported revenue of ₹72,204 (down 11% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 11% in the latest year. EBITDA rose 157% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹72,204 | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹11,904 | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹3,239 | ||
| 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 16.5% | ||
| Net Profit Margin | 4.5% | ||
| 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 Tec Air Private Limited, buy the company report.
Board of directors of Tec Air Private Limited
Tec Air has 3 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Virender Kumar Singal Also directs: Dex Enterprises Private Limited, Maple Aviation Private Limited, Dex Aviation Private Limited. and 1 more | Additional Director | 16 Mar 2018 | 8 Years 7 Months | As last reported |
| Surinder Kumar Sharma | Director | 21 Oct 2013 | 13 Years 0 Months | As last reported |
| Som Nath | Managing Director | 25 Feb 1994 | 32 Years 7 Months | As last reported |
Peer comparison
Tec Air Private Limited is compared with the 10 companies closest to it by revenue in 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 |
|---|---|---|---|---|---|---|
| Posada Travels Private Limited | ₹73,500 (FY 2024) | -73.0% | Bardez, Goa, India | |||
| Skyeagletrip Private Limited | ₹73,201 (FY 2022) | -81.0% | Mumbai, Maharashtra, India | |||
| Liyaflying Yak Holidays (OPC) Private Limited | ₹73,200 (FY 2024) | 182.0% | Bengaluru, Karnataka, India | |||
| Kopou Escapes Private Limited | ₹73,100 (FY 2019) | -93.0% | Guwahati, Assam, India | |||
| Globi Tours and Travels Private Limited | ₹72,225 (FY 2018) | Pune, Maharashtra, India | ||||
| Tec Air Private Limitedthis company | ₹72,204 (FY 2017) | ₹3,239 | 4.5% | -11.0% | New Delhi, Delhi, India | |
| Admire Tours and Holidays Private Limited | ₹72,000 (FY 2023) | New Delhi, Delhi, India | ||||
| Omtiq Global Private Limited | ₹71,416 (FY 2020) | Meerut, Uttar Pradesh, India | ||||
| MPSS Sai Enterprises Private Limited | ₹71,250 (FY 2022) | 9.0% | Panvel, Maharashtra, India | |||
| Goaway Tours Private Limited | ₹70,766 (FY 2025) | -75.0% | Vasco Da Gama, Goa, India | |||
| SSWT Travels Private Limited | ₹70,660 (FY 2018) | -61.0% | Gurgaon, Haryana, India |
To see the full peer comparison of Tec Air Private Limited, buy the company report.
Auditor
Tec Air Private Limited is audited by SUMITGARG for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SUMITGARG | FY 2017 | 421498 |
Shareholding
The shareholding of Tec Air Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Tec Air Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Tec Air 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 Tec Air Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Tec Air has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Tec Air Private Limited, buy the company report.
Recent activity
Tec Air Private Limited has 15 board changes on record since 1994: 3 appointments and 12 cessations. The latest: Naresh Chander Arora ceased to be Director on 16 Mar 2018.
6 earlier events are in the company report.
Frequently asked questions
Tec Air has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Tec Air was a private limited company based in New Delhi, Delhi, India. The company worked in travel and tourism, within the tourism and accommodation industry. It was incorporated on 25 February 1994 and is registered under CIN U74899DL1994PTC057588. The company has been struck off by the Registrar of Companies and is no longer operational.
Tec Air had 3 directors:
- Som Nath - Managing Director
- Virender Kumar Singal - Additional Director
- Surinder Kumar Sharma - Director
The CIN (Corporate Identification Number) of Tec Air is U74899DL1994PTC057588. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Tec Air is at 42 Zamrudpur Community Centre Kailash Colony Extension, New Delhi, Delhi, India – 110048.
Tec Air was incorporated on 25 February 1994. It is registered with the Registrar of Companies, Delhi.
The latest financial statements of Tec Air on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 28 September 2017. Year-wise statements from 2015 are in the company report.
No. Tec Air has 1 GST registration on record and it is cancelled or inactive.
Tec Air operated in the tourism and accommodation industry, in the travel and tourism segment. It worked in this industry before it was struck off.
The peers of Tec Air by revenue are Posada Travels Private Limited, Skyeagletrip Private Limited, Liyaflying Yak Holidays (OPC) Private Limited, Kopou Escapes Private Limited, Globi Tours and Travels Private Limited and 5 more, all in the same principal business activity (travel agency and tour operators).
Naresh Chander Arora ceased to be Director on 16 Mar 2018. Raza Abbas ceased to be Director on 16 Mar 2018. Virender Kumar Singal was appointed as Additional Director on 16 Mar 2018. Tec Air has 15 board changes on record in total.