Bhagwati Air Express Private Limited

Logistics company providing air cargo services, express and consolidation options, with partnerships with major airlines and courier companies.

2010 | Kalkaji, Delhi (India) | Active
Last Updated: August 04, 2024

Bhagwati Air Express Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 8.36 M
  • Company Age 14 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 20.46 Cr
  • Satisfied Charges ₹ 42.57 Cr
  • Revenue Growth -22.70%
  • Profit Growth -39.24%
  • Ebitda -55.27%
  • Net Worth 6.70%
  • Total Assets -21.61%

About Bhagwati Air Express

Bhagwati Air Express Private Limited (BAEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 06 August 2010 and has a history of 14 years and six months. Its registered office is in Kalkaji, Delhi, India.

The Company is engaged in the Transport And Logistics Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 8.36 M.

The company currently has active open charges totaling ₹20.46 Cr. The company has closed loans amounting to ₹42.57 Cr, as per Ministry of Corporate Affairs (MCA) records.

Roop Baheti and Dinesh Digga serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U63000DL2010PTC206768

  • Company No.

    206768

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    06 Aug 2010

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Transport and Logistics

What products or services does Bhagwati Air Express Private Limited offer?

Bhagwati Air Express Private Limited offers a wide range of products and services, including Cargo Transportation Services, Express Cargo Services, Freight Forwarding Services, LCL Shipment Service, Publishing House, Book Publisher.

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

Board Members (2)

Name Designation Appointment Date Status
Roop Baheti Country flag representing In Director 06-Aug-2010 Current
Dinesh Digga Country flag representing In Director 06-Aug-2010 Current

Financial Performance of Bhagwati Air Express.

Bhagwati Air Express Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 22.7% decrease. The company also saw a substantial fall in profitability, with a 39.24% decrease in profit. The company's net worth moved up by a moderate rise of 6.7%.

Graph illustrating revenue growth over time
Graph showing 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
-22.70%
Revenue from Operations
-24.78%
Total Assets
-21.61%
Profit or Loss
-39.24%
Net Worth
6.70%
EBITDA
-55.27%

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

In 2023, Bhagwati Air Express had a promoter holding of 36.00% and a public holding of 63.99%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹20.46 Cr

Satisfied Charges

₹42.57 Cr

Charges Breakdown by Lending Institutions

  • Others : 12.01 Cr
  • Kotak Mahindra Bank Limited : 3.25 Cr
  • Hdfc Bank Limited : 2.43 Cr
  • Yes Bank Limited : 2.10 Cr
  • Axis Bank Limited : 0.67 Cr

Latest Charge Details

Date Lender Amount Status
26 Feb 2024 Others ₹9.38 Cr Open
31 Jul 2023 Axis Bank Limited ₹3.15 M Open
22 May 2023 Yes Bank Limited ₹2.10 Cr Open
05 Jul 2022 Axis Bank Limited ₹3.51 M Open
19 Dec 2020 Hdfc Bank Limited ₹2.00 M Open

How Many Employees Work at Bhagwati Air Express?

Bhagwati Air Express has a workforce of 41 employees as of Aug 04, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Bhagwati Air 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 Bhagwati Air 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 Bhagwati Air Express

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 9.38 Cr with Charge ID 100873411 was registered on 26 Feb 2024.

    26 Feb 2024

  • Charges

    A charge registered on 11 Mar 2022 via Charge ID 100552896 with Others was fully satisfied on 31 Jan 2024.

    31 Jan 2024

  • Charges

    A charge registered on 22 Aug 2012 via Charge ID 10378304 with Others was fully satisfied on 31 Jan 2024.

    31 Jan 2024

  • Annual General Meeting

    Bhagwati Air Express Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge registered on 05 Jan 2019 via Charge ID 100233238 with Yes Bank Limited was fully satisfied on 04 Aug 2023.

    04 Aug 2023

  • Charges

    A charge registered on 21 May 2018 via Charge ID 100194690 with Yes Bank Limited was fully satisfied on 04 Aug 2023.

    04 Aug 2023

Frequently asked questions

  • Bhagwati Air Express Private Limited was incorporated on 06 Aug 2010.

  • The authorized share capital of Bhagwati Air Express Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 8.36 M.

  • Currently 2 directors are associated with Bhagwati Air Express Private Limited.

    • Roop Chand Baheti
    • Dinesh Kumar Digga
  • As per Ministry of Corporate Affairs (Mca), the registered address of Bhagwati Air Express Private Limited is Dd-34 Second Floor Kalkaji, Delhi, India, 110019.

  • The corporate identification number (CIN) of Bhagwati Air Express Private Limited is U63000DL2010PTC206768 and the company number is 206768 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Bhagwati Air Express Private Limited is https://www.bhagwatiairexpress.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Bhagwati Air Express Private Limited has fallen by -22.70%.

  • As Per 2023 financial reports, 41 employees are currently employed by Bhagwati Air Express Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Bhagwati Air Express Private Limited has experienced an upsurge of 6.70%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Bhagwati Air Express Private Limited amount to ₹ 20.46 Cr.

  • The most recent Balance Sheet for Bhagwati Air Express Private Limited was filed with the ROC on 31 Mar 2023.