Air India Express Limited

This company provides charter airline services for domestic and international routes, including corporate and leisure flights.

1971 | Mumbai, Maharashtra (India) | Active
Last Updated:

Air India Express Profile

Key Indicators

  • Authorised Capital ₹ 1,000.00 Cr
  • Paid Up Capital ₹ 780.00 Cr
  • Company Age 53 Year, 6 Months
  • Last Filing with ROC 31 Mar 2021
  • Revenue Growth 62.68%
  • Profit Growth 259.96%
  • Ebitda 25.55%
  • Net Worth 37.23%
  • Total Assets 2.17%

About Air India Express

Air India Express Limited (AIEL) was founded in India on 09 September 1971 and has a glorious history of 53 years and six months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Air India Charters Limited. The Company is engaged in the Aviation Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2021. It's a company limited by shares with an authorized capital of Rs 1,000.00 Cr and a paid-up capital of Rs 780.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Air India Express Limited India are Ranjita Kumari serving as the Chief Financial Officer (CFO), Aloke Singh as the Chief Executive Officer (CEO), and Aditi Khandekar as Company Secretary. Saurabh Agrawal, Vinod Hejmadi, and Meenakshi Mallik serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U62100MH1971GOI015328

  • Company No.

    015328

  • Company Classification

    Public Limited Union Government Company

  • Incorporation Date

    09 Sep 1971

  • Date of AGM

    15 Nov 2021

  • Date of Balance Sheet

    31 Mar 2021

  • Listing Status

    Unlisted

  • ROC Code

    Roc-Mumbai

Industry

Aviation

Who are the key members and board of directors at Air India Express?

Executive Team (3)

NameDesignationAppointment DateStatus
Ranjita Kumari CFO(Kmp)18-Jun-2020Current
Aloke Singh CEO(Kmp)09-Nov-2020Current
Aditi Khandekar Company Secretary12-Dec-1996Current

Board Members (3)

NameDesignationAppointment DateStatus
Saurabh Agrawal Country flag representing In Additional Director 27-Jan-2022Current
Vinod Hejmadi Country flag representing In Director 01-Nov-2015Current
Meenakshi Mallik Country flag representing In Additional Director 27-Jan-2022Current

Financial Performance of Air India Express.

Air India Express Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 62.68% increase. The company also saw a substantial improvement in profitability, with a 259.96% increase in profit. The company's net worth Soared by an impressive increase of 37.23%.

Air India Express revenue growth over time
Air India Express profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
62.68%
Revenue from Operations
62.14%
Total Assets
2.17%
Profit or Loss
259.96%
Net Worth
37.23%
EBITDA
25.55%

What is the Ownership and Shareholding Structure of Air India Express?

In 2023, Air India Express had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Air India Express?

Air India Express has a workforce of 2032 employees as of Apr 05, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Air India Express Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Air India Express, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Air India Express's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Air India Express

Recent activity within the organization

  • Director Appointment

    Saurabh Mahesh Agrawal was appointed as a Additional Director was appointed as a Additional Director on 27 Jan 2022 & has been associated with this company since 3 years 2 months .

  • Director Appointment

    Meenakshi Mallik was appointed as a Additional Director was appointed as a Additional Director on 27 Jan 2022 & has been associated with this company since 3 years 2 months .

  • Annual General Meeting

    Air India Express Limited last Annual general meeting of members was held on 15 Nov 2021 as per latest MCA records.

  • Balance Sheet

    Air India Express Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with RoC-Mumbai.

  • Director Appointment

    Aloke Singh was appointed as a Ceo(Kmp) was appointed as a Ceo(Kmp) on 09 Nov 2020 & has been associated with this company since 4 years 4 months .

  • Director Appointment

    Ranjita Kumari was appointed as a Cfo(Kmp) was appointed as a Cfo(Kmp) on 18 Jun 2020 & has been associated with this company since 4 years 9 months .

Recent News, Updates & Announcement

Frequently asked questions

  • What is the Incorporation or founding date of Air India Express Limited?

    Air India Express Limited was incorporated on 09 Sep 1971.

  • What is authorized share capital and paid-up capital of Air India Express Limited?

    The authorized share capital of Air India Express Limited is ₹ 1,000.00 Cr and paid-up capital is ₹ 780.00 Cr.

  • Who are the current board members & directors of Air India Express Limited?

    Currently 6 directors are associated with Air India Express Limited.

    • Saurabh Mahesh Agrawal
    • Vinod Shanker Hejmadi
    • Meenakshi Mallik
    • Ranjita Kumari
    • Aloke Singh
    • Aditi Ashok Khandekar
  • What is the registered address of Air India Express Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Air India Express Limited is 1St Floor Old Operations Building, Air India Complex Old Airport Santacruz (East), Mumbai, Maharashtra, 400029.

  • What is the corporate identification number (CIN) and company number of Air India Express Limited?

    The corporate identification number (CIN) of Air India Express Limited is U62100MH1971GOI015328 and the company number is 015328 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Air India Express Limited?

    The Official website of Air India Express Limited is https://www.airindiaexpress.in

  • What has been the recent revenue trend for Air India Express Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Air India Express Limited has risen by 62.68%.

  • How many employees does Air India Express Limited currently have?

    As Per 2023 financial reports, 2032 employees are currently employed by Air India Express Limited.

  • What change has been observed in the net worth of Air India Express Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Air India Express Limited has experienced an upsurge of 37.23%.

  • When was the last Balance Sheet of Air India Express Limited filed with the ROC?

    The most recent Balance Sheet for Air India Express Limited was filed with the ROC on 31 Mar 2021.