Taj Sats Air Catering Limited

Air catering company providing diverse cuisines and services to airlines, institutions, and corporate clients.

2001 | Mumbai, Maharashtra (India) | Active
Last Updated: November 16, 2024

Taj Sats Air Catering Profile

Key Indicators

  • Authorised Capital ₹ 25.00 Cr
  • Paid Up Capital ₹ 17.40 Cr
  • Company Age 23 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 90.00 Cr
  • Satisfied Charges ₹ 85.00 Cr
  • Revenue Growth 122.15%
  • Profit Growth 299.10%
  • Ebitda 439.87%
  • Net Worth 40.36%
  • Total Assets 39.04%

About Taj Sats Air Catering

Taj Sats Air Catering Limited (TSACL) is a leading Public Limited Indian Non-Government Company incorporated in India on 28 August 2001 and has a history of 23 years and five months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Taj Air Catering Limited. The Company is engaged in the Travel And Hospitality 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 25.00 Cr and a paid-up capital of Rs 17.40 Cr.

The company currently has active open charges totaling ₹90.00 Cr. The company has closed loans amounting to ₹85.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Taj Sats Air Catering Limited India are Bakhtawar Irani as Company Secretary, Manish Gupta as Ceo, and Ajay Bhat as Cfo. Siraj Chaudhry, Nabakumar Shome, Gita Nayyar, and Four other members 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

    U55204MH2001PLC133177

  • Company No.

    133177

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    28 Aug 2001

  • Date of AGM

    15 Jul 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Travel and Hospitality

What products or services does Taj Sats Air Catering Limited offer?

Taj Sats Air Catering Limited offers a wide range of products and services, including Housekeeping and Cleaning Services, Home Cleaning Service, Ticket Booking Service, Air Ticket Booking, Catering Services, Institutional Catering, Food & Catering Services, Outdoor Catering Service, Corporate Gifts, Customized Corporate Gift.

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

Executive Team (3)

NameDesignationAppointment DateStatus
Bakhtawar Irani Company Secretary22-Jan-2021Current
Manish Gupta Country flag representing In CEO28-Oct-2020Current
Ajay Bhat CFO06-Jun-2024Current

Board Members (7)

NameDesignationAppointment DateStatus
Nabakumar Shome Country flag representing In Director 05-Jul-2023Current
Gita Nayyar Country flag representing In Director 27-Jul-2015Current
Siraj Chaudhry Country flag representing In Additional Director 04-Sep-2024Current
Puneet Chhatwal Country flag representing De Director 24-Jan-2018Current
Ankur Dalwani Country flag representing In Director 12-Jul-2024Current
Stanley Goh Country flag representing Sg Director 04-Mar-2024Current

Financial Performance of Taj Sats Air Catering.

Taj Sats Air Catering Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 122.15% increase. The company also saw a substantial improvement in profitability, with a 299.1% increase in profit. The company's net worth Soared by an impressive increase of 40.36%.

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
122.15%
Revenue from Operations
122.76%
Total Assets
39.04%
Profit or Loss
299.10%
Net Worth
40.36%
EBITDA
439.87%

What is the Ownership and Shareholding Structure of Taj Sats Air Catering?

In 2023, Taj Sats Air Catering 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

₹90.00 Cr

Satisfied Charges

₹85.00 Cr

Charges Breakdown by Lending Institutions

  • Others : 50.00 Cr
  • Axis Bank Limited : 40.00 Cr

Latest Charge Details

DateLenderAmountStatus
28 Jan 2022Others₹50.00 CrOpen
20 Apr 2021Axis Bank Limited₹40.00 CrOpen
27 Mar 2008State Bank Of India₹10.00 CrSatisfied
19 Jun 2002State Bank Of Patiala₹75.00 CrSatisfied

How Many Employees Work at Taj Sats Air Catering?

Taj Sats Air Catering has a workforce of 613 employees as of Apr 02, 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 Taj Sats Air Catering, 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 Sats Air Catering'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 Sats Air Catering

Recent activity within the organization

  • Charges

    A charge with Axis Bank Limited of Rs. 40.00 Cr registered on 20 Apr 2021 with Charge ID 100443951 was modified on 17 Sep 2024.

    17 Sep 2024

  • Director Appointment

    Siraj Azmat Chaudhry was appointed as a Additional Director was appointed as a Additional Director on 04 Sep 2024 & has been associated with this company since 4 months 28 days .

    04 Sep 2024

  • Annual General Meeting

    Taj Sats Air Catering Limited last Annual general meeting of members was held on 15 Jul 2024 as per latest MCA records.

    15 Jul 2024

  • Director Appointment

    Ankur Dalwani was appointed as a Director was appointed as a Director on 12 Jul 2024 & has been associated with this company since 6 months 21 days .

    12 Jul 2024

  • Director Appointment

    Ajay Bhaskar Bhat was appointed as a Cfo was appointed as a Cfo on 06 Jun 2024 & has been associated with this company since 7 months 26 days .

    06 Jun 2024

  • Balance Sheet

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

    31 Mar 2024

Recent News, Updates & Announcement

Frequently asked questions

  • Taj Sats Air Catering Limited was incorporated on 28 Aug 2001.

  • The authorized share capital of Taj Sats Air Catering Limited is ₹ 25.00 Cr and paid-up capital is ₹ 17.40 Cr.

  • Currently 10 directors are associated with Taj Sats Air Catering Limited.

    • Siraj Azmat Chaudhry
    • Nabakumar Nikhilrajan Shome
    • Gita Nayyar
    • Puneet Chhatwal
    • Ankur Dalwani
    • Bakhtawar Kaiwaan Irani
    • Manish Gupta
    • Ajay Bhaskar Bhat
    • Stanley Yuen Por Goh
    • Kok Khong Seah
  • As per Ministry of Corporate Affairs (Mca), the registered address of Taj Sats Air Catering Limited is Mandlik House Rd, India, Mumbai, Maharashtra, 400001.

  • The corporate identification number (CIN) of Taj Sats Air Catering Limited is U55204MH2001PLC133177 and the company number is 133177 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Taj Sats Air Catering Limited is https://www.tajsats.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Taj Sats Air Catering Limited has risen by 122.15%.

  • As Per 2023 financial reports, 613 employees are currently employed by Taj Sats Air Catering Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Taj Sats Air Catering Limited has experienced an upsurge of 40.36%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Taj Sats Air Catering Limited amount to ₹ 90.00 Cr.

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

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