Turbo Megha Airways Private Limited

Private airline offering low-cost passenger flights and various aviation services.

2013 | Hyderabad, Telangana (India) | Active
Last Updated: December 25, 2024

Turbo Megha Airways Profile

Key Indicators

  • Authorised Capital ₹ 550.00 Cr
  • Paid Up Capital ₹ 434.00 Cr
  • Company Age 11 Year, 10 Months
  • Last Filing with ROC 31 Mar 2020
  • Revenue Growth 37.36%
  • Profit Growth -88.70%
  • Ebitda 306.25%
  • Net Worth -16.87%
  • Total Assets 138.52%

About Turbo Megha Airways

Turbo Megha Airways Private Limited (TMAPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 14 March 2013 and has a history of 11 years and ten months. Its registered office is in Hyderabad, Telangana, 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 2020. It's a company limited by shares with an authorized capital of Rs 550.00 Cr and a paid-up capital of Rs 434.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Vankayalapati Umesh and Radha Devineni serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U62200TG2013PTC086338

  • Company No.

    086338

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    14 Mar 2013

  • Date of AGM

    31 Dec 2020

  • Date of Balance Sheet

    31 Mar 2020

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Transport and Logistics

Who are the key members and board of directors at Turbo Megha Airways?

Executive Team (1)

NameDesignationAppointment DateStatus
Vankayalapati Umesh Country flag representing In Managing Director07-Oct-2021Current

Board Members (1)

NameDesignationAppointment DateStatus
Radha Devineni Country flag representing In Additional Director 07-Oct-2021Current

Financial Performance of Turbo Megha Airways.

Turbo Megha Airways Private Limited, for the financial year ended 2020, experienced significant growth in revenue, with a 37.36% increase. The company also saw a substantial fall in profitability, with a 88.7% decrease in profit. The company's net worth observed a substantial decline by a decrease of 16.87%.

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
37.36%
Revenue from Operations
31.53%
Total Assets
138.52%
Profit or Loss
-88.70%
Net Worth
-16.87%
EBITDA
306.25%

What is the Ownership and Shareholding Structure of Turbo Megha Airways?

In 2020, Turbo Megha Airways had a promoter holding of 85.98% and a public holding of 14.02%. The company had 1 Subsidiary. 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 Turbo Megha Airways?

Turbo Megha Airways has a workforce of 758 employees as of Apr 07, 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 Turbo Megha Airways, 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 Turbo Megha Airways'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 Turbo Megha Airways

Recent activity within the organization

  • Director Appointment

    Vankayalapati Umesh was appointed as a Managing Director was appointed as a Managing Director on 07 Oct 2021 & has been associated with this company since 3 years 3 months .

    07 Oct 2021

  • Director Appointment

    Radha Rani Devineni was appointed as a Additional Director was appointed as a Additional Director on 07 Oct 2021 & has been associated with this company since 3 years 3 months .

    07 Oct 2021

  • Annual General Meeting

    Turbo Megha Airways Private Limited last Annual general meeting of members was held on 31 Dec 2020 as per latest MCA records.

    31 Dec 2020

  • Balance Sheet

    Turbo Megha Airways Private Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Hyderabad.

    31 Mar 2020

  • Company Incorporation

    Turbo Megha Airways Private Limited was registered on 14 Mar 2013 with Roc Hyderabad & aged 11 years 10 months as per MCA records.

    14 Mar 2013

Recent News, Updates & Announcement

Frequently asked questions

  • Turbo Megha Airways Private Limited was incorporated on 14 Mar 2013.

  • The authorized share capital of Turbo Megha Airways Private Limited is ₹ 550.00 Cr and paid-up capital is ₹ 434.00 Cr.

  • Currently 2 directors are associated with Turbo Megha Airways Private Limited.

    • Vankayalapati Umesh
    • Radha Rani Devineni
  • As per Ministry of Corporate Affairs (Mca), the registered address of Turbo Megha Airways Private Limited is Ohris Tech Park Plot No.13 Survey No.64/2 (New) Software Unit Layout, Madhapur India, Hyderabad, Telangana, 500081.

  • The corporate identification number (CIN) of Turbo Megha Airways Private Limited is U62200TG2013PTC086338 and the company number is 086338 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Turbo Megha Airways Private Limited is https://www.turboaviation.in

  • According to the financial reports for the fiscal year 2020, the revenue trend for Turbo Megha Airways Private Limited has risen by 37.36%.

  • As Per 2020 financial reports, 758 employees are currently employed by Turbo Megha Airways Private Limited.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Turbo Megha Airways Private Limited has experienced an downturn of -16.87%.

  • The most recent Balance Sheet for Turbo Megha Airways Private Limited was filed with the ROC on 31 Mar 2020.

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