Trade Wings Limited - transport and logistics in Panaji, Goa, India. FY 2026 financials and compliance.
CIN L63040GA1949PLC000168 Incorporated 29 November 1949 ROC Goa HQ Panaji, Goa, India
Active Listed - BSE: 509953 Public Limited Company transport and logistics
Data last updated
Revenue · FY 2026
₹262.11 Cr
▲ 5.1% YoY
EBITDA · FY 2026
₹7.87 Cr
▼ 10.04% YoY
Net profit · FY 2026
₹2.39 Cr
▼ 30.12% YoY
Authorised capital
₹8.5 Cr
Registered with MCA
Paid-up capital
₹3 Cr
Issued & subscribed
Open charges
₹23.84 Cr
Satisfied ₹47.82 Cr
Company age
77 yrs
Est. 1949
Employees · EPFO
91
Latest available

About Trade Wings Limited

Data last updated: 17 February 2026

Trade Wings Limited is a public limited company based in Panaji, Goa, India, a subsidiary of Narayani Hospitality & Academic Institutio. It specialises in travel and tour services, a part of the broader transport and logistics sector. Incorporated on 29 November 1949, the company has been in operation for over 77 years.

Registered with ROC Goa under CIN L63040GA1949PLC000168. Listed on BSE: 509953.

Capital: an authorised share capital of ₹8.5 Cr and a paid-up capital of ₹3 Cr. Formerly known as Trade Wings Private Limited. It is led by directors including Jacinta Bazil Nayagam and Jyoti Ghanshyam Gupta.

Last AGM: 24 September 2025. Financial statements filed for year ended 31 March 2025. Office: 01St Floor Naik Buldg Opp.Don Bosco High School M.G.Road, Panaji, Goa, India – 403001.

As per the financials filed for FY 2025, the company reported a revenue of ₹255.8 Cr, a growth of 3% compared to the previous year.

The company has a workforce of approximately 91 employees as per the latest available data. It operates as a subsidiary of Narayani Hospitality & Academic Institutio. Its group structure includes 1 subsidiary.

The company is associated with 3 brands - Trade-Wings, Tradewings Institute Of Management, Trade-Wings. As per MCA filings, the company has open charges of ₹23.84 Cr and satisfied charges of ₹47.82 Cr on record.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website tradewings.in.

Company Details of Trade Wings Limited
CIN L63040GA1949PLC000168
Registration Number 000168
Incorporation Date 29 November 1949
ROC Goa
Listing Status Listed (BSE: 509953)
Company Status Active
Date of Last AGM 24 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Narayani Hospitality & Academic Institutio
Compliance Status Active Compliant
Contact Details
  • Email
    *****@*****.com
  • Telephone
    +91-****-******
  • Website
  • Social Media
    **************
  • Registered Address
    01St Floor Naik Buldg Opp.Don Bosco High School M.G.Road, Panaji, Goa, India – 403001
  • Industry
    Transport and Logistics, Travel & Tour Services
Company report
Trade Wings Limited - full intelligence report
  • Historical Financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Litigation, compliance and MCA filings
  • PDF report delivered after checkout
₹799 ₹999 20% off
Secure checkout · GST invoice included

Unlock the full Trade Wings Limited report

Financials, compliance, directors, charges, ownership and filings for Trade Wings Limited in one report.

10-year financials Directors & ownership Charges & compliance

CIN History of Trade Wings Limited

Trade Wings Limited has one previous CIN (Corporate Identification Number): U63040GA1949PLC000168. The current CIN is L63040GA1949PLC000168, which is the unique identifier assigned by the Registrar of Companies.

CIN Status
L63040GA1949PLC000168 Current
U63040GA1949PLC000168 Previous

Associated Brands with Trade Wings Limited

Trade Wings Limited operates multiple associated brands including Trade-wings, Tradewings Institute of Management, and Trade-Wings. These brands represent Trade Wings Limited's diversified market presence and brand portfolio.

Brand Description Website
Provides travel solutions, foreign exchange, e-learning, and hospitality services. tradewings.in
Travel, tourism, logistics, and hospitality services are provided globally. twltravel.com
Education and training in travel, tourism, aviation, hospitality, and logistics sectors. timindia.com

Business Activity of Trade Wings Limited

Trade Wings Limited is engaged in the principal business activity of support service to organizations, with detailed activities including travel agency and tour operators.

Main Activity Group Code Description of Main Activity Business Activity Code Description of Business Activity Turnover Percentage
N Support service to Organizations N3 Travel agency and tour operators *********

Auditor Details of Trade Wings Limited

Trade Wings Limited is audited by Aalok Mehta & Co for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.

Name Status Appointment Date Cessation Date
Aalok Mehta & Co blur-value blur-value blur-value

Board of Directors of Trade Wings Limited

Trade Wings Limited is currently managed by 6 directors, with 14 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Current Directors
Name Designation Appointment Date Tenure Status
Jacinta Bazil Nayagam Director 05 Jul 2016 10 Years 0 Months Current
Jyoti Ghanshyam Gupta Director 22 Aug 2024 1 Years 10 Months Current
Hemant Ramdas Panchal Director 18 Jan 2021 5 Years 5 Months Current
Shailendra Parmeshwarji Mittal Managing Director 30 Jun 1988 38 Years 0 Months Current

Financials of Trade Wings Limited FY 2026 filings available

Trade Wings Limited reported revenue of ₹262.11 Cr (up 5.1% YoY) for FY 2026. Profit growth despite declining revenue indicates effective cost management and margin discipline.

Revenue · FY 2026
₹262.11 Cr ▲ 5.1%
Profit · FY 2026
₹2.39 Cr ▼ 30.12%
EBITDA · FY 2026
₹7.87 Cr ▼ 10.04%
Revenue₹ Cr · Consolidated0200400FY 2018: ₹290 Cr290FY 2018FY 2019: ₹307 Cr · +5.9% YoY307+5.9%FY 2019FY 2020: ₹248 Cr · -19.2% YoY248-19.2%FY 2020FY 2021: ₹37 Cr · -84.9% YoY37.5-84.9%FY 2021FY 2022: ₹87 Cr · +132.2% YoY87+132.2%FY 2022FY 2023: ₹214 Cr · +145.4% YoY214+145.4%FY 2023FY 2024: ₹242 Cr · +13.5% YoY242+13.5%FY 2024FY 2025: ₹249 Cr · +2.9% YoY249+2.9%FY 2025FY 2026: ₹262 Cr · +5.1% YoY262+5.1%FY 2026
Net Profit₹ Cr · Consolidated-7.5-5-2.502.55FY 2018: ₹0 Cr0.4FY 2018FY 2019: ₹1 Cr · +187% YoY1.3+187%FY 2019FY 2020: ₹2 Cr (loss) · -264.5% YoY-2.1FY 2020FY 2021: ₹7 Cr (loss) · -249.2% YoY-7.2FY 2021FY 2022: ₹3 Cr (loss) · +56.4% YoY-3.2FY 2022FY 2023: ₹3 Cr · +205.8% YoY3.3+205.8%FY 2023FY 2024: ₹3 Cr · -6.6% YoY3.1-6.6%FY 2024FY 2025: ₹3 Cr · +10.1% YoY3.4+10.1%FY 2025FY 2026: ₹2 Cr · -30.1% YoY2.4-30.1%FY 2026
Quarterly Revenue₹ Cr · vs same quarter last year0255075Q1'25: ₹66 Cr65.9Q1'25Q2'25: ₹52 Cr52.5Q2'25Q3'25: ₹68 Cr67.6Q3'25Q4'25: ₹63 Cr63.5Q4'25Q1'26: ₹68 Cr · +2.6% YoY67.6+2.6%Q1'26Q2'26: ₹59 Cr · +12.3% YoY58.9+12.3%Q2'26Q3'26: ₹67 Cr · -0.7% YoY67.1-0.7%Q3'26Q4'26: ₹68 Cr · +7.9% YoY68.5+7.9%Q4'26
Metrics FY 2026 FY 2025 FY 2024 FY 2023 FY 2022 FY 2021 FY 2020 FY 2019 FY 2018
Revenue from Operations ₹262.11 Cr ₹249.4 Cr ₹242.42 Cr ₹213.62 Cr ₹87.05 Cr ₹37.49 Cr ₹247.91 Cr ₹306.79 Cr ₹289.76 Cr
Other Income ₹8.49 Cr ₹6.4 Cr ₹5.11 Cr ₹4.26 Cr ₹2.78 Cr ₹2.1 Cr ₹5.34 Cr ₹7.11 Cr ₹6.83 Cr
Total Income ₹270.6 Cr ₹255.8 Cr ₹247.54 Cr ₹217.88 Cr ₹89.83 Cr ₹39.6 Cr ₹253.25 Cr ₹313.9 Cr ₹296.6 Cr
Cost of Materials Consumed ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹267.24 Cr ₹254.23 Cr
Purchases of Stock-in-Trade ₹213.44 Cr ₹202.37 Cr ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Changes in Inventories ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Employee Benefit Expense ₹18.18 Cr ₹16.08 Cr ₹14.51 Cr ₹11.93 Cr ₹5.22 Cr ₹5.01 Cr ₹16.81 Cr ₹16.62 Cr ₹16.54 Cr
Finance Costs ₹3.87 Cr ₹2.97 Cr ₹3.42 Cr ₹3.81 Cr ₹3.55 Cr ₹3.83 Cr ₹3.72 Cr ₹4.19 Cr ₹3.44 Cr
Depreciation & Amortisation ₹2.28 Cr ₹2.17 Cr ₹1.5 Cr ₹1.39 Cr ₹1.39 Cr ₹1.43 Cr ₹1.53 Cr ₹1.61 Cr ₹1.44 Cr
Other Expenses ₹31.1 Cr ₹28.6 Cr ₹224.54 Cr ₹197.8 Cr ₹82.58 Cr ₹35.74 Cr ₹232.76 Cr ₹22.75 Cr ₹20.42 Cr
Total Expenses ₹268.87 Cr ₹252.18 Cr ₹243.97 Cr ₹214.93 Cr ₹92.74 Cr ₹46.01 Cr ₹254.82 Cr ₹312.42 Cr ₹296.06 Cr
Profit Before Exceptional Items & Tax ₹1.73 Cr ₹3.62 Cr ₹3.57 Cr ₹2.95 Cr -₹2.91 Cr -₹6.42 Cr -₹1.58 Cr ₹1.48 Cr ₹53.68 Lakh
Exceptional Items ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Profit Before Tax ₹1.73 Cr ₹3.62 Cr ₹3.57 Cr ₹2.95 Cr -₹2.91 Cr -₹6.42 Cr -₹1.58 Cr ₹1.48 Cr ₹53.68 Lakh
Total Tax Expense -₹66.74 Lakh ₹18.98 Lakh ₹45.81 Lakh -₹38.39 Lakh ₹23.72 Lakh ₹81.66 Lakh ₹49.37 Lakh ₹21.76 Lakh ₹3.03 Lakh
Net Profit ₹2.39 Cr ₹3.43 Cr ₹3.11 Cr ₹3.33 Cr -₹3.15 Cr -₹7.23 Cr -₹2.07 Cr ₹1.26 Cr ₹43.87 Lakh
  attributable to Owners ₹0 - - - - ₹0 ₹0 ₹0 ₹0
  attributable to NCI ₹0 - - - - ₹0 ₹0 ₹0 ₹0
Other Comprehensive Income -₹69.72 Lakh ₹4.3 Lakh ₹5.69 Lakh -₹1.04 Cr ₹15.52 Lakh -₹10,000 -₹32.51 Lakh -₹90.75 Lakh -₹8.64 Lakh
Total Comprehensive Income ₹1.7 Cr ₹3.47 Cr ₹3.17 Cr ₹2.3 Cr -₹3 Cr -₹7.23 Cr -₹2.4 Cr ₹35.17 Lakh ₹35.23 Lakh
EBITDA (computed) ₹7.87 Cr ₹8.75 Cr ₹8.49 Cr ₹8.14 Cr ₹2.03 Cr -₹1.15 Cr ₹3.68 Cr ₹7.28 Cr ₹5.41 Cr
Basic EPS ₹7.98 ₹12.68 ₹10.37 ₹11.11 ₹-10.50 ₹-24.11 ₹-7.99 ₹1.17 ₹0.12
Diluted EPS ₹7.98 ₹12.68 ₹10.37 ₹11.11 ₹-10.50 ₹-24.11 ₹-7.99 ₹1.17 ₹0.12
Metrics FY 2026 FY 2025 FY 2024 FY 2023 FY 2022 FY 2021 FY 2020 FY 2019 FY 2018
Total Assets ₹55.85 Cr ₹57.47 Cr ₹53.56 Cr ₹55.11 Cr ₹55.74 Cr ₹58.31 Cr ₹62.75 Cr ₹66.32 Cr ₹67.53 Cr
Non-current Assets ₹23.79 Cr ₹25.49 Cr ₹28.09 Cr ₹24.56 Cr ₹25.43 Cr ₹24.63 Cr ₹28.16 Cr ₹29.27 Cr ₹28.3 Cr
Current Assets ₹32.07 Cr ₹31.99 Cr ₹25.47 Cr ₹30.55 Cr ₹30.31 Cr ₹33.68 Cr ₹34.59 Cr ₹37.05 Cr ₹39.23 Cr
Property, Plant & Equipment ₹22.09 Cr ₹23.99 Cr ₹25.01 Cr ₹23.41 Cr ₹24.39 Cr ₹25.63 Cr ₹27.08 Cr ₹25.4 Cr ₹23.9 Cr
Inventories ₹1.85 Cr ₹1.65 Cr ₹1.66 Cr ₹1.44 Cr ₹1.58 Cr ₹1.82 Cr ₹2.51 Cr ₹3.14 Cr ₹4.23 Cr
Trade Receivables ₹21.23 Cr ₹21.52 Cr ₹18.59 Cr ₹20.77 Cr ₹19.85 Cr ₹14.5 Cr ₹20.9 Cr ₹24.15 Cr ₹24.1 Cr
Cash & Equivalents ₹2.2 Cr ₹1.29 Cr ₹2.18 Cr ₹4.65 Cr ₹3.41 Cr ₹3.65 Cr ₹2.56 Cr ₹2.49 Cr ₹3.15 Cr
Equity (Net Worth) -₹9.16 Cr -₹10.85 Cr -₹14.63 Cr -₹17.15 Cr -₹19.45 Cr -₹16.45 Cr -₹9.22 Cr -₹7.19 Cr -₹7.51 Cr
Equity Share Capital ₹3 Cr ₹3 Cr ₹3 Cr ₹3 Cr ₹3 Cr ₹3 Cr ₹3 Cr ₹3 Cr ₹3 Cr
Borrowings (Non-current) ₹13.82 Cr ₹17.11 Cr ₹13.83 Cr ₹19.62 Cr ₹19.49 Cr ₹10.7 Cr ₹8.58 Cr ₹8.76 Cr ₹6.49 Cr
Borrowings (Current) ₹4.18 Cr ₹3.97 Cr ₹3.51 Cr ₹3.77 Cr ₹3.11 Cr ₹0 ₹0 ₹0 ₹0
Total Debt (computed) ₹18 Cr ₹21.08 Cr ₹17.34 Cr ₹23.39 Cr ₹22.59 Cr ₹10.7 Cr ₹8.58 Cr ₹8.76 Cr ₹6.49 Cr
Current Liabilities ₹43.55 Cr ₹44.75 Cr ₹41.71 Cr ₹40.7 Cr ₹41.95 Cr ₹47.87 Cr ₹45.92 Cr ₹48.36 Cr ₹55.64 Cr
Total Liabilities ₹65.01 Cr ₹68.33 Cr ₹68.19 Cr ₹72.26 Cr ₹75.19 Cr ₹74.76 Cr ₹71.98 Cr ₹73.51 Cr ₹75.04 Cr
Metrics FY 2026 FY 2025 FY 2024 FY 2023 FY 2022 FY 2021
Operating Cash Flow ₹3.89 Cr ₹7.42 Cr ₹4 Cr ₹5.32 Cr ₹3.24 Cr ₹3.49 Cr
Investing Cash Flow -₹47 Lakh -₹1.37 Cr -₹3.05 Cr -₹27.26 Lakh ₹7.11 Lakh ₹2.32 Cr
Financing Cash Flow -₹3.85 Cr -₹2.95 Cr -₹3.42 Cr -₹3.81 Cr -₹3.55 Cr ₹2.62 Cr
Capital Expenditure ₹1.73 Cr ₹1.16 Cr ₹3.22 Cr ₹44.67 Lakh ₹14.13 Lakh -₹61.35 Lakh
Free Cash Flow (computed) ₹2.17 Cr ₹6.26 Cr ₹78.19 Lakh ₹4.87 Cr ₹3.1 Cr ₹2.88 Cr
Dividends Paid ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Net Change in Cash -₹42.69 Lakh ₹3.1 Cr ₹2.18 Cr ₹1.24 Cr -₹24.31 Lakh ₹8.43 Cr
The cash-flow statement became part of the exchange results-filing format in FY2022 - earlier years were not filed and are hidden.
Metrics Q4 FY26 Q3 FY26 Q2 FY26 Q1 FY26 Q4 FY25 Q3 FY25 Q2 FY25 Q1 FY25
Revenue from Operations ₹68.49 Cr ₹67.12 Cr ₹58.9 Cr ₹67.6 Cr ₹63.49 Cr ₹67.58 Cr ₹52.47 Cr ₹65.86 Cr
Other Income ₹1.91 Cr ₹2.25 Cr ₹2.08 Cr ₹2.25 Cr ₹2.23 Cr ₹1.66 Cr ₹1.19 Cr ₹1.32 Cr
Total Income ₹70.4 Cr ₹69.37 Cr ₹60.98 Cr ₹69.85 Cr ₹65.71 Cr ₹69.25 Cr ₹53.66 Cr ₹67.18 Cr
Cost of Materials Consumed ₹0 ₹52.45 Cr ₹50.33 Cr ₹0 ₹0 ₹0 ₹0 ₹0
Purchases of Stock-in-Trade ₹53.23 Cr ₹0 ₹0 ₹0 ₹49.96 Cr ₹0 ₹0 ₹0
Changes in Inventories ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Employee Benefit Expense ₹4.57 Cr ₹5.31 Cr ₹4.24 Cr ₹4.07 Cr ₹3.42 Cr ₹3.96 Cr ₹4.22 Cr ₹4.48 Cr
Finance Costs ₹87.01 Lakh ₹1.39 Cr ₹93 Lakh ₹67.92 Lakh ₹87.67 Lakh ₹71.45 Lakh ₹70.01 Lakh ₹67.52 Lakh
Depreciation & Amortisation ₹51.99 Lakh ₹59.97 Lakh ₹61.13 Lakh ₹54.52 Lakh ₹1.07 Cr ₹36.46 Lakh ₹10.18 Lakh ₹62.74 Lakh
Other Expenses ₹8.92 Cr ₹8.4 Cr ₹6.8 Cr ₹64.4 Cr ₹7.18 Cr ₹61.4 Cr ₹49.95 Cr ₹62.48 Cr
Total Expenses ₹68.11 Cr ₹68.15 Cr ₹62.92 Cr ₹69.69 Cr ₹62.51 Cr ₹66.44 Cr ₹54.98 Cr ₹68.26 Cr
Profit Before Exceptional Items & Tax ₹2.3 Cr ₹1.21 Cr -₹1.94 Cr ₹15.79 Lakh ₹3.2 Cr ₹2.81 Cr -₹1.32 Cr -₹1.08 Cr
Exceptional Items ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Profit Before Tax ₹2.3 Cr ₹1.21 Cr -₹1.94 Cr ₹15.79 Lakh ₹3.2 Cr ₹2.81 Cr -₹1.32 Cr -₹1.08 Cr
Total Tax Expense -₹66.74 Lakh ₹0 ₹0 ₹0 ₹18.98 Lakh ₹0 ₹0 ₹0
Net Profit ₹2.96 Cr ₹1.21 Cr -₹1.94 Cr ₹15.79 Lakh ₹3.01 Cr ₹2.81 Cr -₹1.32 Cr -₹1.08 Cr
  attributable to Owners ₹0 ₹0 ₹0 ₹0 - ₹0 ₹0 ₹0
  attributable to NCI ₹0 ₹0 ₹0 ₹0 - ₹0 ₹0 ₹0
Other Comprehensive Income -₹69.72 Lakh ₹0 ₹0 ₹0 ₹4.3 Lakh ₹0 ₹0 ₹0
Total Comprehensive Income ₹2.27 Cr ₹1.21 Cr -₹1.94 Cr ₹15.79 Lakh ₹3.06 Cr ₹2.81 Cr -₹1.32 Cr -₹1.08 Cr
EBITDA (computed) ₹3.69 Cr ₹3.2 Cr -₹40.03 Lakh ₹1.38 Cr ₹5.15 Cr ₹3.89 Cr -₹51.83 Lakh ₹22.18 Lakh
Basic EPS ₹9.88 ₹4.05 ₹-6.47 ₹0.53 ₹10.05 ₹0.00 ₹-4.40 ₹0.00
Diluted EPS ₹9.88 ₹4.05 ₹-6.47 ₹0.53 ₹10.05 ₹0.00 ₹-4.40 ₹0.00
Latest 8 quarters shown.
Segment · Q4 FY26 (latest quarter) Revenue Result (PBIT) Assets Liabilities
Cargo and Others ₹86.84 Lakh ₹4.15 Lakh ₹79.11 Lakh ₹79.11 Lakh
Travel Related Services ₹69.53 Cr ₹3.12 Cr ₹55.06 Cr ₹55.06 Cr
Segment · FY 2026 (annual) Revenue Result (PBIT) Assets Liabilities
Cargo and Others ₹3.68 Cr ₹15.89 Lakh - -
Travel Related Services ₹266.91 Cr ₹5.44 Cr - -
Metrics FY 2026 FY 2025 FY 2024 FY 2023 FY 2022 FY 2021 FY 2020 FY 2019 FY 2018
Revenue from Operations ₹225.95 Cr ₹212.44 Cr ₹208.34 Cr ₹179.59 Cr ₹72.07 Cr ₹30.52 Cr ₹222.67 Cr ₹277.1 Cr ₹263.56 Cr
Other Income ₹8.3 Cr ₹6.31 Cr ₹5.06 Cr ₹5.03 Cr ₹3.6 Cr ₹2.75 Cr ₹5.66 Cr ₹7.61 Cr ₹6.6 Cr
Total Income ₹234.24 Cr ₹218.76 Cr ₹213.41 Cr ₹184.62 Cr ₹75.67 Cr ₹33.28 Cr ₹228.34 Cr ₹284.71 Cr ₹270.16 Cr
Cost of Materials Consumed ₹0 ₹0 ₹196.64 Cr ₹0 ₹0 ₹0 ₹0 ₹263.74 Cr ₹251.27 Cr
Purchases of Stock-in-Trade ₹210.9 Cr ₹199.11 Cr ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Changes in Inventories ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Employee Benefit Expense ₹8.73 Cr ₹7.48 Cr ₹6.41 Cr ₹4.19 Cr ₹95.27 Lakh ₹1.44 Cr ₹7.46 Cr ₹7.86 Cr ₹7.46 Cr
Finance Costs ₹3.25 Cr ₹2.32 Cr ₹2.6 Cr ₹2.77 Cr ₹2.34 Cr ₹3.04 Cr ₹3.08 Cr ₹2.87 Cr ₹2.41 Cr
Depreciation & Amortisation ₹46.26 Lakh ₹48.23 Lakh ₹34.59 Lakh ₹28.55 Lakh ₹32.05 Lakh ₹37.66 Lakh ₹44.5 Lakh ₹48.28 Lakh ₹58.99 Lakh
Other Expenses ₹10.13 Cr ₹8.76 Cr ₹7.33 Cr ₹177.18 Cr ₹73.75 Cr ₹31.46 Cr ₹217.98 Cr ₹9.46 Cr ₹8.24 Cr
Total Expenses ₹233.46 Cr ₹218.15 Cr ₹213.33 Cr ₹184.43 Cr ₹77.37 Cr ₹36.31 Cr ₹228.96 Cr ₹284.42 Cr ₹269.97 Cr
Profit Before Exceptional Items & Tax ₹77.88 Lakh ₹60.81 Lakh ₹7.89 Lakh ₹19.76 Lakh -₹1.69 Cr -₹3.04 Cr -₹62.48 Lakh ₹29.77 Lakh ₹18.75 Lakh
Exceptional Items ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Profit Before Tax ₹77.88 Lakh ₹60.81 Lakh ₹7.89 Lakh ₹19.76 Lakh -₹1.69 Cr -₹3.04 Cr -₹62.48 Lakh ₹29.77 Lakh ₹18.75 Lakh
Total Tax Expense -₹35.55 Lakh -₹3.43 Lakh ₹2.1 Lakh ₹6.96 Lakh ₹2.33 Lakh ₹3.68 Lakh ₹50.28 Lakh ₹4.81 Lakh -₹1.68 Lakh
Net Profit ₹1.13 Cr ₹64.24 Lakh ₹5.79 Lakh ₹12.8 Lakh -₹1.72 Cr -₹3.07 Cr -₹1.13 Cr ₹24.96 Lakh ₹13.65 Lakh
Other Comprehensive Income -₹74.06 Lakh -₹8.16 Lakh -₹87,000 -₹8.75 Lakh -₹1.84 Lakh ₹8.65 Lakh -₹12.07 Lakh -₹10.15 Lakh -₹5.24 Lakh
Total Comprehensive Income ₹39.37 Lakh ₹56.08 Lakh ₹4.92 Lakh ₹4.05 Lakh -₹1.73 Cr -₹2.99 Cr -₹1.25 Cr ₹14.81 Lakh ₹8.41 Lakh
EBITDA (computed) ₹4.49 Cr ₹3.41 Cr ₹3.03 Cr ₹3.25 Cr ₹97.09 Lakh ₹37.74 Lakh ₹2.9 Cr ₹3.65 Cr ₹3.19 Cr
Basic EPS ₹3.78 ₹1.91 ₹0.00 ₹0.00 ₹-5.72 ₹-10.24 ₹-4.16 ₹0.49 ₹0.03
Diluted EPS ₹3.78 ₹1.91 ₹0.00 ₹0.00 ₹-5.72 ₹-10.24 ₹-4.16 ₹0.49 ₹0.03
Metrics FY 2026 FY 2025 FY 2024 FY 2023 FY 2022 FY 2021 FY 2020 FY 2019 FY 2018
Total Assets ₹31.61 Cr ₹33.45 Cr ₹30.86 Cr ₹31.62 Cr ₹35.76 Cr ₹36.11 Cr ₹45.29 Cr ₹66.32 Cr ₹45.31 Cr
Non-current Assets ₹7.04 Cr ₹7.86 Cr ₹8.8 Cr ₹5.61 Cr ₹5.79 Cr ₹6.15 Cr ₹7.67 Cr ₹29.27 Cr ₹6.9 Cr
Current Assets ₹24.56 Cr ₹25.59 Cr ₹22.06 Cr ₹26.01 Cr ₹29.97 Cr ₹29.96 Cr ₹37.62 Cr ₹37.05 Cr ₹38.41 Cr
Property, Plant & Equipment ₹5.23 Cr ₹6.3 Cr ₹6.4 Cr ₹4.23 Cr ₹4.46 Cr ₹4.76 Cr ₹4.64 Cr ₹25.4 Cr ₹4.09 Cr
Inventories ₹0 ₹1.07 Cr ₹1.08 Cr ₹84.41 Lakh ₹26.75 Lakh ₹18.13 Lakh ₹47.26 Lakh ₹3.14 Cr ₹1.56 Cr
Trade Receivables ₹19.67 Cr ₹20.88 Cr ₹17.99 Cr ₹19.09 Cr ₹18.35 Cr ₹16.87 Cr ₹22.83 Cr ₹24.15 Cr ₹25.78 Cr
Cash & Equivalents ₹60.18 Lakh ₹93.64 Lakh ₹1.92 Cr ₹4 Cr ₹2.8 Cr ₹2.88 Cr ₹2.27 Cr ₹2.49 Cr ₹2.27 Cr
Equity (Net Worth) ₹2.24 Cr ₹1.84 Cr ₹1.35 Cr ₹1.34 Cr ₹1.3 Cr ₹3.03 Cr ₹6.02 Cr -₹7.19 Cr ₹7.16 Cr
Equity Share Capital ₹3 Cr ₹3 Cr ₹3 Cr ₹3 Cr ₹3 Cr ₹3 Cr ₹3 Cr ₹3 Cr ₹3 Cr
Borrowings (Non-current) ₹9.87 Cr ₹12.85 Cr ₹8.39 Cr ₹0 ₹14.05 Cr ₹5.22 Cr ₹4.62 Cr ₹8.76 Cr ₹2.31 Cr
Borrowings (Current) ₹88.27 Lakh ₹1.93 Cr ₹3.51 Cr ₹3.77 Cr ₹3.11 Cr ₹0 ₹0 ₹0 ₹0
Total Debt (computed) ₹10.76 Cr ₹14.78 Cr ₹11.9 Cr ₹3.77 Cr ₹17.16 Cr ₹5.22 Cr ₹4.62 Cr ₹8.76 Cr ₹2.31 Cr
Current Liabilities ₹16.59 Cr ₹17.42 Cr ₹13.7 Cr ₹10.54 Cr ₹13.89 Cr ₹21.72 Cr ₹28.01 Cr ₹48.36 Cr ₹30.29 Cr
Total Liabilities ₹29.37 Cr ₹31.6 Cr ₹29.51 Cr ₹30.28 Cr ₹34.46 Cr ₹33.08 Cr ₹39.27 Cr ₹73.51 Cr ₹38.15 Cr
Metrics FY 2026 FY 2025 FY 2024 FY 2023 FY 2022 FY 2021
Operating Cash Flow ₹4.91 Cr ₹3.71 Cr ₹8 Cr ₹3.1 Cr ₹1.25 Cr ₹3.12 Cr
Investing Cash Flow ₹80.39 Lakh -₹32.93 Lakh -₹2.47 Cr ₹86.56 Lakh ₹1.01 Cr ₹53.79 Lakh
Financing Cash Flow -₹6.22 Cr ₹3.9 Cr -₹7.6 Cr -₹2.77 Cr -₹2.34 Cr -₹3.05 Cr
Capital Expenditure ₹73.34 Lakh ₹39.1 Lakh ₹0 ₹0 ₹2.34 Lakh ₹50.71 Lakh
Free Cash Flow (computed) ₹4.18 Cr ₹3.32 Cr ₹8 Cr ₹3.1 Cr ₹1.23 Cr ₹2.61 Cr
Dividends Paid ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Net Change in Cash -₹50.38 Lakh ₹7.28 Cr ₹1.92 Cr ₹1.2 Cr -₹8.53 Lakh ₹60.61 Lakh
The cash-flow statement became part of the exchange results-filing format in FY2022 - earlier years were not filed and are hidden.
Metrics Q4 FY26 Q3 FY26 Q2 FY26 Q1 FY26 Q4 FY25 Q3 FY25 Q2 FY25 Q1 FY25
Revenue from Operations ₹56.85 Cr ₹55.59 Cr ₹52.95 Cr ₹60.56 Cr ₹52.26 Cr ₹55.41 Cr ₹45.72 Cr ₹59.06 Cr
Other Income ₹1.84 Cr ₹2.22 Cr ₹2.07 Cr ₹2.16 Cr ₹2.19 Cr ₹1.63 Cr ₹1.18 Cr ₹1.31 Cr
Total Income ₹58.69 Cr ₹57.81 Cr ₹55.02 Cr ₹62.71 Cr ₹54.45 Cr ₹57.03 Cr ₹46.9 Cr ₹60.37 Cr
Cost of Materials Consumed ₹0 ₹51.62 Cr ₹49.91 Cr ₹0 ₹0 ₹0 ₹0 ₹0
Purchases of Stock-in-Trade ₹52.51 Cr ₹0 ₹0 ₹0 ₹48.96 Cr ₹0 ₹42.65 Cr ₹0
Changes in Inventories ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Employee Benefit Expense ₹1.99 Cr ₹2.84 Cr ₹2.05 Cr ₹1.85 Cr ₹1.43 Cr ₹1.82 Cr ₹1.89 Cr ₹2.33 Cr
Finance Costs ₹58.9 Lakh ₹1.34 Cr ₹75.01 Lakh ₹56.42 Lakh ₹66.36 Lakh ₹57.42 Lakh ₹55.17 Lakh ₹52.66 Lakh
Depreciation & Amortisation -₹2.91 Lakh ₹17.82 Lakh ₹18.99 Lakh ₹12.37 Lakh ₹21.23 Lakh ₹9 Lakh ₹9 Lakh ₹9 Lakh
Other Expenses ₹2.95 Cr ₹1.75 Cr ₹2.1 Cr ₹60.18 Cr ₹1.95 Cr ₹54.44 Cr ₹2.04 Cr ₹57.82 Cr
Total Expenses ₹58.01 Cr ₹57.74 Cr ₹55 Cr ₹62.72 Cr ₹53.22 Cr ₹56.93 Cr ₹47.23 Cr ₹60.77 Cr
Profit Before Exceptional Items & Tax ₹68.67 Lakh ₹7.69 Lakh ₹2.09 Lakh -₹56,000 ₹1.23 Cr ₹10.58 Lakh -₹32.58 Lakh -₹40.08 Lakh
Exceptional Items ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Profit Before Tax ₹68.67 Lakh ₹7.69 Lakh ₹2.09 Lakh -₹56,000 ₹1.23 Cr ₹10.58 Lakh -₹32.58 Lakh -₹40.08 Lakh
Total Tax Expense -₹35.55 Lakh ₹0 ₹0 ₹0 -₹3.43 Lakh ₹0 ₹0 ₹0
Net Profit ₹1.04 Cr ₹7.69 Lakh ₹2.09 Lakh -₹56,000 ₹1.26 Cr ₹10.58 Lakh -₹32.58 Lakh -₹40.08 Lakh
Other Comprehensive Income -₹74.07 Lakh ₹0 ₹0 ₹0 -₹8.16 Lakh ₹0 ₹0 ₹0
Total Comprehensive Income ₹30.15 Lakh ₹7.69 Lakh ₹2.09 Lakh -₹56,000 ₹1.18 Cr ₹10.58 Lakh -₹32.58 Lakh -₹40.08 Lakh
EBITDA (computed) ₹1.25 Cr ₹1.6 Cr ₹96.09 Lakh ₹68.23 Lakh ₹2.1 Cr ₹77 Lakh ₹31.59 Lakh ₹21.58 Lakh
Basic EPS ₹3.47 ₹0.26 ₹0.07 ₹-0.02 ₹3.98 ₹0.00 ₹0.00 ₹0.00
Diluted EPS ₹3.47 ₹0.26 ₹0.07 ₹-0.02 ₹3.98 ₹0.00 ₹0.00 ₹0.00
Latest 8 quarters shown.
Segment · Q4 FY26 (latest quarter) Revenue Result (PBIT) Assets Liabilities
Cargo and Others ₹86.83 Lakh ₹4.15 Lakh ₹79.11 Lakh ₹79.11 Lakh
Travel Related Services ₹57.83 Cr ₹1.23 Cr ₹30.81 Cr ₹30.81 Cr
Segment · FY 2026 (annual) Revenue Result (PBIT) Assets Liabilities
Cargo and Others ₹3.68 Cr ₹15.89 Lakh - -
Travel Related Services ₹230.56 Cr ₹3.86 Cr - -
Want more history and ratios?
You're viewing the latest exchange-filed financials for Trade Wings Limited. The full report adds 10+ years of line-item history, 20+ ratios, peer benchmarks and a downloadable PDF.
10+ years of history 20+ ratios & benchmarks Downloadable PDF

Shareholding Pattern of Trade Wings Limited

As per the shareholding pattern filed with BSE for the quarter ended Mar 2026, promoters hold 74.97%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.00%, retail and other public shareholders hold 25.03% of Trade Wings Limited. The company had 834 shareholders on record.

Promoters: 74.97%Retail & Others: 25.03%
Mar 2026
QUARTER
74.97% Promoters
25.03% Retail & Others
Promoter holding - history
Now 74.97% · Mar 2026High 74.97% · Jun 2023Low 74.97% · Jun 2023
73%73.8%74.5%75.3%76%Jun 2023Dec 2023Jun 2024Dec 2024Jun 2025Dec 2025Jun 2023: 74.97%Sep 2023: 74.97%Dec 2023: 74.97%Mar 2024: 74.97%Jun 2024: 74.97%Sep 2024: 74.97%Dec 2024: 74.97%Mar 2025: 74.97%Jun 2025: 74.97%Sep 2025: 74.97%Dec 2025: 74.97%Mar 2026: 74.97%74.97%74.97%
Shareholding trend - last 6 quarters
Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Promoters74.97%74.97%74.97%74.97%74.97%74.97%
Public25.03%25.03%25.03%25.03%25.03%25.03%
Shareholding history - year on year (as at 31 March)
Mar 2026Mar 2025Mar 2024
Promoters74.97%74.97%74.97%
Public25.03%25.03%25.03%
Promoter change (YoY, %pts)+0.00+0.00-

Group Structure of Trade Wings Limited

Trade Wings Limited has 1 subsidiary company. This group structure data is as of FY 2023. The corporate group structure reflects Trade Wings Limited's business expansion strategy and organizational complexity.

1
Subsidiary companies
Key Subsidiaries
Company Name CIN Shares Held
Trade Wings Hotels Limited U55101GA1989PLC000966 -

Showing major subsidiaries. Total: 1.

Charges & Borrowings of Trade Wings Limited

Open charges
₹23.84 Cr
Satisfied charges
₹47.82 Cr
Breakdown by lending institutions
Others₹21.52 Cr
Lord Krishna Bank Ltd₹0.83 Cr
Vijaya Bank₹0.60 Cr
Bank of Credit & Commerce International Ltd₹0.28 Cr
United Commercial Bank₹0.25 Cr
Others₹0.36 Cr
Latest charge details
DateLenderAmountStatus
14 Jan 2025 Hdfc Bank Limited ₹11.2 Lakh Open
29 Mar 2023 Others ₹1.04 Cr Open
10 May 2018 Others ₹4.95 Cr Open
16 Apr 2005 Vijaya Bank ₹60 Lakh Open
31 Dec 2001 Lord Krishna Bank Ltd ₹75.96 Lakh Open

Total charge records: 40 View all charges

Employees and EPFO Compliance at Trade Wings Limited

Trade Wings Limited has a workforce of 91 employees as of Apr 01, 2024.

Employee count
91
Active EPFO establishments
1
Employee growth
8.33%
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026

Employee Count & EPFO Data of Trade Wings Limited

Access employee headcount trends, monthly PF payment records, EPFO establishment details, and compliance data.

Monthly employee headcount & PF contributions
EPFO establishment details & ECR filing status
Year-wise workforce analytics & attrition trends
PF exemption, coverage & compliance verification

GST Compliance of Trade Wings Limited

XX%
Compliant
GSTR-1
GSTR-3B
GSTR-9
MH
KA
UP
TN
TS

GSTIN & GST Filing Data of Trade Wings Limited

Access GSTIN registrations, state-wise filing compliance, HSN/SAC codes, and detailed goods & services data.

GSTIN registrations & state-wise presence
Filing compliance - GSTR-1, GSTR-3B, GSTR-9
HSN/SAC codes with goods & services details
Taxpayer type, jurisdiction & business constitution

Credit Ratings, Litigation & Regulatory Alerts for Trade Wings Limited

Credit rating
AAA
AA+
AA
AA-
! !
2015 2017 2019 2021 2023
Litigation
District Court 35
High Court 45
Supreme Court 0
NCLT / NCLAT 0
Pending
Disposed
Regulatory alerts
GSTIN Cancelled
Andhra Pradesh
GSTIN Cancelled
Telangana (on application)
EPFO Delay
12 months delay - Haryana
Violations via Directors
20 MCA + 19 Bank defaults

Credit Ratings, Legal Cases & Regulatory Alerts of Trade Wings Limited

Access complete credit rating history, litigation records, regulatory alerts, and compliance data.

Credit rating history across CARE, ICRA, Brickwork & India Ratings
Instrument-wise ratings, outlook & action timeline
Court-wise litigation (District, High Court, Supreme Court, NCLT)
Group company & common directorship litigation
Statutory compliance alerts (GSTIN, EPFO, ROC)
Director & company violations (MCA, SEBI, Banks, BSE/NSE)

MSME Payment Delays by Trade Wings Limited

MSME Payment Delays by Trade Wings Limited

Track payments outstanding to micro and small enterprise vendors, as disclosed in half-yearly MSME-1 returns filed with the MCA.

Amounts outstanding to MSME suppliers
Delay periods & reasons for delayed payments
Half-yearly MSME-1 filing history
Vendor-payment behaviour as a counterparty risk signal

Subsidiaries & Group Companies of Trade Wings Limited

Subsidiaries & Group Companies of Trade Wings Limited

See the full corporate group - holding company, subsidiaries, associates and joint ventures of Trade Wings Limited with ownership details.

Holding & parent company details
Subsidiaries & step-down subsidiaries with % holding
Associates & joint ventures with partner details
Investments in other entities year-on-year

MCA Filings & Documents of Trade Wings Limited

MCA Filings & Documents of Trade Wings Limited

Download official documents filed with the Ministry of Corporate Affairs - from incorporation papers to the latest annual filings.

Incorporation documents, MoA & AoA
Annual returns (MGT-7) & financial statements (AOC-4)
Charge filings (CHG-1, CHG-4) & resolutions
Complete document index with filing dates

Recent Activity on Trade Wings Limited

Activity
24 Sep 2025
Trade Wings Limited last Annual general meeting of members was held on 24 Sep 2025 as per latest MCA records.
Activity
31 Mar 2025
Trade Wings Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Goa.
Charges
30 Jan 2025
A charge registered on 06 Aug 2023 via Charge ID 100762540 with Others was fully satisfied on 30 Jan 2025.
Charges
14 Jan 2025
A charge with Hdfc Bank Limited amounted to Rs. 0.11 Cr with Charge ID 101049151 was registered on 14 Jan 2025.
Charges
28 Oct 2024
A charge registered on 17 Nov 2009 via Charge ID 10188378 with Union Bank Of India was fully satisfied on 28 Oct 2024.
Charges
28 Oct 2024
A charge registered on 25 Feb 2009 via Charge ID 10144465 with Union Bank Of India was fully satisfied on 28 Oct 2024.

Frequently Asked Questions about Trade Wings Limited

Trade Wings Limited is an active public limited company in the transport and logistics sector based in Panaji, Goa, India. It was incorporated on 29 November 1949 (77+ years old) and is registered under CIN L63040GA1949PLC000168. Listed on BSE: 509953. The company has 91 employees.

Trade Wings Limited reported revenue of ₹255.8 Cr for FY 2025 (up 3.00% YoY).

The current directors of Trade Wings Limited are:

The primary industry of Trade Wings Limited is transport and logistics. The company specifically operates in travel and tour services. The company is currently active in this sector.

Yes. Trade Wings Limited is listed on BSE with code 509953.

Trade Wings Limited can be reached at the registered office: 01St Floor Naik Buldg Opp.Don Bosco High School M.G.Road, Panaji, Goa, India – 403001, or through the website tradewings.in.

7M+ Indian companies. One platform.

Financials, directors, compliance, charges and shareholding - sourced from MCA, SEBI and RBI filings.

Subscription plans available