About Travel Express Limited
Data last updated:
Travel Express Limited was a public limited company based in Hyderabad, Telangana, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the travel and tour services segment of the transport and logistics sector. It was incorporated on 30 June 1986.
The company was registered with the Registrar of Companies (ROC), Hyderabad, under CIN U60220TG1986PLC006569. The company has 5 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹75 Lakh and a paid-up capital of ₹63 Lakh.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at # Plot No 19 HUDA Heights Near Lotus Pond Road No 12 Banjara Hills, Hyderabad, Telangana, India – 500034.
As per the financials filed for FY 2019, the company reported a revenue of ₹16.19 Lakh, a decline of 2% compared to the previous year. For the same year it recorded a net loss of ₹13.39 Lakh (net margin -82.7%) and EBITDA of -₹3.18 Lakh (EBITDA margin -19.6%). Revenue has declined at a compounded annual rate (CAGR) of 15% over three years.
As per MCA filings, the company has satisfied charges of ₹5.2 Cr on record. Court records list 8 cases involving the company, including 4 filed by the company and 4 filed against it; 2 cases are pending.
The last known website on record is travelexpress.in.
Company details
CIN history
Travel Express has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U60220TG1986PLC006569, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U60220TG1986PLC006569 | Current |
| L60220AP1986PLC006569 | Previous |
| U60220AP1986PLC006569 | Previous |
Contact details
Travel Express Limited's registered office is in Hyderabad, Telangana. Its website is travelexpress.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address# Plot No 19 HUDA Heights Near Lotus Pond Road No 12 Banjara Hills, Hyderabad, Telangana, India – 500034
- IndustryTransport and Logistics, Travel & Tour Services
To see the full contact details of Travel Express 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 Travel Express is transport and storage. In detail, this covers land transport via road.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transport and storage | H1 | Land Transport via Road |
To see the full business activity and turnover split of Travel Express Limited, buy the company report.
Financials of Travel Express Limited
FY 2019 filings availableTravel Express Limited reported revenue of ₹16.19 Lakh (down 2% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 15% over three years, including a 2% fall in the latest year. EBITDA fell 158% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| Total Expenses | |||||
| EBITDA | -₹3.18 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹13.39 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -19.6% | ||||
| Net Profit Margin | -82.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Travel Express Limited, buy the company report.
Board of directors of Travel Express Limited
Travel Express has 4 former directors on record and no current directors listed.
Auditor
Travel Express Limited is audited by A S NAIDU & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A S NAIDU & CO | FY 2018 | 008549S |
Shareholding
The shareholding of Travel Express Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Travel Express Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Jul 2002 | 90116191 | Bank of Baroda | ₹3.1 Cr | Satisfied | |
| 23 May 1997 | 90114086 | Bank of Baroda | ₹22 Lakh | Satisfied | |
| 21 Mar 1996 | 90114041 | Bank of Baroda | ₹1.31 Cr | Satisfied | |
| 28 Nov 1995 | 90115234 | Bank of Baroda | ₹10 Lakh | Satisfied | |
| 10 Nov 1989 | 90114673 | Bank of Baroda | ₹20 Lakh | Satisfied |
To see the full charge records of Travel Express Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Travel Express Limited has 8 court cases on record: 4 filed by Travel Express, 4 filed against it. 2 cases are pending and 6 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 3 | 1 |
| High courts | 3 | 1 | 1 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Krishna, Andhra Pradesh | Court case (AS) | Filed by the company against Arka Leisure and Entertainments Private Limited | Disposed |
| District court, Krishna, Andhra Pradesh | Civil suit | Filed against the company by Arka Leisure and Entertainments Pvt, Ltd. | Disposed |
| High Court, TELANGANA | Company petition | Filed by the company against M/S Monarch Laboratories Ltd | Disposed |
| District court, Gurugram, Haryana | Court case (TRAFFIC) | Filed against the company by State of Haryana | Pending |
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed against the company by M/S.Amsham Travels | Pending |
To see the full case history of Travel Express Limited, buy the company report.
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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Travel Express Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Travel Express has 5 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Travel Express Limited, buy the company report.
Recent activity
Travel Express Limited has 4 board changes on record since 2019: 0 appointments and 4 cessations. The latest: Nagendra Prasad Challagalla ceased to be Whole-Time Director on 30 Dec 2019.
11 earlier events are in the company report.
Frequently asked questions
Travel Express has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Travel Express was a public limited company based in Hyderabad, Telangana, India. The company worked in travel and tour services, within the transport and logistics industry. It was incorporated on 30 June 1986 and is registered under CIN U60220TG1986PLC006569. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Travel Express is U60220TG1986PLC006569. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Travel Express was incorporated on 30 June 1986. It is registered with the Registrar of Companies, Hyderabad.
Travel Express can be reached through the website travelexpress.in. Its registered office is in Hyderabad, Telangana, India.
The registered office of Travel Express is at # Plot No 19 HUDA Heights Near Lotus Pond Road No 12 Banjara Hills, Hyderabad, Telangana, India – 500034.
The latest financial statements of Travel Express on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
No. Travel Express has 5 GST registrations on record and all of them are cancelled or inactive.
Travel Express operated in the transport and logistics industry, in the travel and tour services segment.
Travel Express has 8 court cases on record: 4 filed by the company and 4 filed against it. 2 are pending. Most are in the district courts.
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