Taj Air Limited

Global aircraft chartering and maintenance services with extensive coverage and TATA Group affiliation.

1993 | Mumbai, Maharashtra (India) | Active
Last Updated:

Taj Air Profile

Key Indicators

  • Authorised Capital ₹ 436.00 Cr
  • Paid Up Capital ₹ 385.19 Cr
  • Company Age 31 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 389.85 Cr
  • Revenue Growth -2.31%
  • Profit Growth -78.18%
  • Ebitda -17.91%
  • Net Worth 1.05%
  • Total Assets 8.95%

About Taj Air

Taj Air Limited (TAL) is a leading Public Limited Indian Non-Government Company incorporated in India on 08 July 1993 and has a history of 31 years and eight months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Megapode Airlines Limited. 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 2024. It's a company limited by shares with an authorized capital of Rs 436.00 Cr and a paid-up capital of Rs 385.19 Cr.

The company has closed loans amounting to ₹389.85 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Taj Air Limited India are Dhananjay Poojary as CFO and Shraddha Saraf as Company Secretary. Mehernosh Kapadia, Manjira Khurana, and Girish Valecha 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

    U63013MH1993PLC072760

  • Company No.

    072760

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    08 Jul 1993

  • Date of AGM

    29 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Transport and Logistics

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

Executive Team (2)

NameDesignationAppointment DateStatus
Dhananjay Poojary CFO09-Mar-2015Current
Shraddha Saraf Company Secretary26-Aug-2024Current

Board Members (3)

NameDesignationAppointment DateStatus
Manjira Khurana Country flag representing In Director 16-Mar-2016Current
Mehernosh Kapadia Country flag representing In Director 13-Jun-2003Current
Girish Valecha Country flag representing In Director 29-Sep-2017Current

Financial Performance of Taj Air.

Taj Air Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 2.31% decrease. The company also saw a substantial fall in profitability, with a 78.18% decrease in profit. The company's net worth moved up by a moderate rise of 1.05%.

Taj Air revenue growth over time
Taj Air 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
-2.31%
Revenue from Operations
-1.46%
Total Assets
8.95%
Profit or Loss
-78.18%
Net Worth
1.05%
EBITDA
-17.91%

What is the Ownership and Shareholding Structure of Taj Air?

In 2023, Taj Air 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)

Open Charges

₹0

Satisfied Charges

₹389.85 Cr

Charges Breakdown by Lending Institutions

  • The Bank Of Nova Scotia Asia Limited (Acting On Behalf Of Itself And Standard Chartered Bank) : 110.00 Cr
  • The Bank Of Nova Scotia Asia Limited(Acting On Behalf Of Itself And Standard Chartered Bank) : 110.00 Cr
  • Ge Capital Services India : 104.85 Cr
  • Tata Capital Financial Services Limited : 35.00 Cr
  • Tata Capital Limited : 30.00 Cr

Latest Charge Details

DateLenderAmountStatus
01 Jul 2015Tata Capital Financial Services Limited₹35.00 CrSatisfied
12 Sep 2011Ge Capital Services India₹35.85 CrSatisfied
25 May 2009Tata Capital Limited₹30.00 CrSatisfied
23 Jan 2009The Bank Of Nova Scotia Asia Limited (Acting On Behalf Of Itself And Standard Chartered Bank)₹110.00 CrSatisfied
16 Jan 2009The Bank Of Nova Scotia Asia Limited(Acting On Behalf Of Itself And Standard Chartered Bank)₹110.00 CrSatisfied

How Many Employees Work at Taj Air?

Taj Air has a workforce of 53 employees as of Apr 08, 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 Taj Air Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Taj Air, 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 Taj Air'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 Taj Air

Recent activity within the organization

  • Annual General Meeting

    Taj Air Limited last Annual general meeting of members was held on 29 Aug 2024 as per latest MCA records.

  • Director Appointment

    Shraddha Saraf was appointed as a Company Secretary was appointed as a Company Secretary on 26 Aug 2024 & has been associated with this company since 7 months 1 day .

  • Balance Sheet

    Taj Air Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Director Appointment

    Girish Girdharilal Valecha was appointed as a Director was appointed as a Director on 29 Sep 2017 & has been associated with this company since 7 years 5 months .

  • Charges

    A charge registered on 01 Jul 2015 via Charge ID 10584939 with Tata Capital Financial Services Limited was fully satisfied on 20 Jun 2017.

  • Charges

    A charge registered on 23 Jan 2009 via Charge ID 10139064 with The Bank Of Nova Scotia Asia Limited (Acting On Behalf Of Itself And Standard Chartered Bank) was fully satisfied on 24 Apr 2017.

Frequently asked questions

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

    Taj Air Limited was incorporated on 08 Jul 1993.

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

    The authorized share capital of Taj Air Limited is ₹ 436.00 Cr and paid-up capital is ₹ 385.19 Cr.

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

    Currently 5 directors are associated with Taj Air Limited.

    • Mehernosh Sorab Kapadia
    • Manjira Khurana
    • Girish Girdharilal Valecha
    • Dhananjay Narayan Poojary
    • Shraddha Saraf
  • What is the registered address of Taj Air Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Taj Air Limited is Mandlik Housemandlik Road India, Mumbai, Maharashtra, 400001.

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

    The corporate identification number (CIN) of Taj Air Limited is U63013MH1993PLC072760 and the company number is 072760 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Taj Air Limited?

    The Official website of Taj Air Limited is https://www.tajair-tata.aero

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

    According to the financial reports for the fiscal year 2023, the revenue trend for Taj Air Limited has fallen by -2.31%.

  • How many employees does Taj Air Limited currently have?

    As Per 2023 financial reports, 53 employees are currently employed by Taj Air Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Taj Air Limited has experienced an upsurge of 1.05%.

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

    The most recent Balance Sheet for Taj Air Limited was filed with the ROC on 31 Mar 2024.

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