When was AIR INDIA EXPRESS LIMITED incorporated?

AIR INDIA EXPRESS LIMITED was incorporated on Sep 09, 1971. It is registered with the Registrar of Companies, Haryana, and its current company status is Active.

What is the Corporate Identification Number (CIN) of AIR INDIA EXPRESS LIMITED?

AIR INDIA EXPRESS LIMITED's Corporate Identification Number (CIN) is U62100HR1971PLC113015.

What is the latest revenue of AIR INDIA EXPRESS LIMITED?

AIR INDIA EXPRESS LIMITED generated more than ₹1,000 Cr in revenue for the financial year ending on Mar 31, 2025, reflecting a 1-year revenue CAGR of 25% and an EBITDA CAGR of -318%. The company is currently audited by PKF SRIDHAR & SANTHANAM LLP.

What is the latest employee count at AIR INDIA EXPRESS LIMITED?

As of Aug 01, 2025, the latest employee count at AIR INDIA EXPRESS LIMITED is 7,445, reflecting a 16% year-over-year growth in headcount.

Does AIR INDIA EXPRESS LIMITED have any loans on it?

AIR INDIA EXPRESS LIMITED has taken out 26 loans from the financial institutions KOTAK MAHINDRA BANK LIMITED, Standard Chartered Bank and Wilmington Trust SP Services (Dublin) Limited, with a total disclosed borrowing of over ₹5,220Cr. The largest loan was ₹1,180Cr from THE BANK OF BARODA LIMITED in May 2020, followed by others ranging from ₹6Cr to ₹430Cr between Aug 2018 and Apr 2025.

Who are the authorized signatories of AIR INDIA EXPRESS LIMITED?

As of Aug 2026, the authorized signatories of AIR INDIA EXPRESS LIMITED include Aloke Singh, Prathivadibhayankara Rajagopalan Ramesh and Alice Geevarghese Vaidyan.

AIR INDIA EXPRESS LIMITED - 2026 Company Profile & Financials

Name: AIR INDIA EXPRESS LIMITED
Brand: AIR INDIA EXPRESS LIMITED
Price: 3.99 USD

Name	Short Description	Founded Year	Location	Current Stage
Air India Express	Provider of flight bookings and web check-in services	1971	India	Unfunded

Main Activity Group Code	Description of Main Activity	Business Activity Code	Description of Business Activity	Turnover Percentage
H	Transportation and storage	51	Air transport	cgg

Name	Status	Appointment Date	Cessation Date
PKF SRIDHAR & SANTHANAM LLP	scdusmg	oaetwgj	kpremh{

Filing Summary

Here is a summary of filing activity and document availability across financial years:

File Type	FY 24-25	FY 23-24	FY 22-23	FY 21-22	FY 20-21
Financial Statements
Annual Returns

Latest Financials, Share Allotment and Annual Report

The latest filed financial documents, annual reports, and share allotment filings are shown below:

Changes to Capital Structure

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Recent Filings

Below are the most recent filings submitted by the company:

Document Name	Category	Filing Date
Form MSME	Other eForm Documents	Apr 16, 2026
Form MR-1	Change in Directors	Mar 23, 2026
Optional attachment(s)- if any	Change in Directors	Mar 23, 2026
Copy of board resolution	Change in Directors	Mar 23, 2026
Optional attachment(s) - if any	Other eForm Documents	Mar 11, 2026
Optional attachment(s) - if any	Other eForm Documents	Mar 11, 2026
Form MGT-14	Other eForm Documents	Mar 11, 2026
Copy(s) of resolution(s) along with copy of explanatory statement under section 173	Other eForm Documents	Mar 11, 2026
Optional Attachment-(1)	Charges	Jan 21, 2026
Optional Attachment-(1)	Charges	Jan 21, 2026

To access all company documents and filings with a single purchase, Buy Financials and Company Filings FY 25 Available15 mins

AIR INDIA EXPRESS LIMITED generated more than ₹1,000 Cr in revenue for the financial year ending on Mar 31, 2025. The revenue of AIR INDIA EXPRESS LIMITED has a compounded annual growth rate (CAGR) of 25% in the last 1 year.

Financial Statement Summary

Metrics	FY 2024-25	FY 2023-24	FY 2022-23	FY 2021-22	FY 2020-21
Income Statement
Revenue	1328	4136	8836	4830	8180
Total Sales	6236	8736	9709	3712	5224
Total Expenses	3891	5259	2156	8851	6299
Operating Expenses	7332	9760	5314	2201	9009
Employee Expenses	3620	5443	4071	3487	3852
Marketing Expenses	3775	8139	6761	9011	4804
Operating Income (EBIT)	8398	2951	9771	3800	1696
Interest Expenses	3980	6791	9175	6986	7673
Expenses from other activities	8542	1169	7018	2916	3974
Information Technology Expenses	8495	6358	2224	2454	6590
EBITDA	3359	3848	9149	1298	6919
Taxes	9013	3008	9676	1468	4080
Net Profit	3761	9167	2842	1300	2234
Balance Sheet
Assets	1574	4948	6659	3632	7153
Cash Equivalent	9680	5867	8400	8890	3295
Accounts Receivables	1995	5977	8510	9358	6864
Inventory	1263	6695	5989	6672	9067
Liabilities	1865	1368	8883	5775	5626
Total Debt	2124	5351	8469	6980	6781
Accounts Payable	2941	5458	8450	8637	5953
Equities	3219	1806	5314	1575	3566
Cashflow Statement
Cash from Operating activities	7502	7207	9337	3889	3495
Cash from Investing activities	8825	8748	1350	9300	7021
Net cash from Financing activities	9654	8045	3035	4199	3042

To access detailed financial performance and data, Buy Financial Report FY 25 Available15 mins

Ratios

Metrics	FY 2024-25	FY 2023-24	FY 2022-23	FY 2021-22	FY 2020-21
Profitability Ratios
EBITDA Margin	8570	7454	7447	3295	5913
EBIT Margin	4453	7297	4193	8520	4991
Net Profit Margin	6876	8373	9768	6325	5693
Return on Assets (ROA)	4798	9827	2186	2596	2637
Return on Equity (ROE)	7888	8698	7640	6104	3761
Return on Capital Employed	4181	7179	6809	2364	1852
Return on Invested Capital	1306	4766	2173	6495	1922
Efficiency Ratios
Asset Turnover	6229	1434	2370	5763	7657
Receivables Turnover	7277	9960	6403	5973	6271
Days Sales Outstanding	9829	9869	4713	9562	8162
Inventory Turnover	4682	4707	5343	7839	4029
Days Inventory Outstanding	7152	5127	8335	5052	5096
Payables Turnover	1199	2982	4093	3587	6786
Days Payables Outstanding	9191	3360	9804	9222	5462
Liquidity Ratios
Current Ratio	2548	3859	6508	8777	4793
Quick Ratio	7176	1757	3955	1972	2797
Cash Ratio	7792	3037	1756	9033	2704
Coverage Ratios
Cash Flow Coverage Ratio	2319	8607	8401	8868	4490
Debt Ratios
Debt-to-Equity Ratio	9072	7709	8409	2017	7750
Debt Ratio	5571	6849	8345	4654	4848
Net Debt	2135	3558	3503	1054	2377
Interest Coverage Ratio	4017	5289	8969	8016	3878
Debt Service Coverage Ratio	4199	6665	1589	5496	2081
Net Debt/EBITDA	3877	9035	5910	9081	2697
Growth Ratios
Revenue Growth Rate (CAGR)	6740	6944	6436	7085	6124
Earnings Growth Rate (CAGR)	7217	4066	4861	7272	6551

To access detailed financial performance and data, Buy Financial Report FY 25 Available15 mins

Detailed Financials (Income Statement, Balance Sheet, Cashflow Statement)

Compounded Annual Growth Rate of AIR INDIA EXPRESS LIMITED

Revenue CAGR	Growth
1 Year	25%
3 Year	144
5 Year	732

EBITDA CAGR	Growth
1 Year	-318%
3 Year	409
5 Year	126

Disclaimer

There are 298 delayed MSME payments recorded for AIR INDIA EXPRESS LIMITED during Oct 2025 - Mar 2026.

Here are the details of MSME payment delays for this period:

Supplier Name	Supplier PAN	Amount Due	Due since
Ss Tours Pvt. Ltd.	5631	1116	3509
BAANI HOSPITA LITY SERVICES PVT. LTD	7945	4019	5054
ANJALI HOTELS PRIVATE LIMITED	2666	8364	4304
PHONON DIGITAL PRIVATE LIMITED	2546	9239	9797
REZOLV HOSPITA LITY LLP	8480	3510	5971
UNIVERSAL CLEARING AND FORWARDING	5022	6808	1525
ROYAL ACE	6043	8439	2898
Maxwort h Electroni c Systems Pvt Ltd	2053	5238	8546
LIFELINE MULTI- VENTURE S PRIVATE LIMITED	2445	6196	9378
AGK HOTELS INTERNA TIONAL PVT. LTD.	5830	9720	6781

To access detailed supplier-wise and period-wise MSME payment delay information, Buy Detailed Report

AIR INDIA EXPRESS LIMITED has taken 26 loans.

Here is a list of loans and charges on AIR INDIA EXPRESS LIMITED:

As a Borrower

Loan/ Charge ID	Lender Name	Loan Amount	Status	Creation Date	Closure Date
101086971	KOTAK MAHINDRA BANK LIMITED	₹6Cr	sflbmdv	Apr 16, 2025	voopakm
100974386	Standard Chartered Bank	₹53Cr	ndshbil	Aug 28, 2024	dbxlckr
100667043	-	₹229Cr	etjeyra	Dec 22, 2022	w{hjme{
100343450	BANK OF INDIA LIMITED	₹430Cr	ikgkp{z	Jun 09, 2020	dutlybl
100343545	BANK OF INDIA LIMITED	₹23Cr	v{iwtbm	May 28, 2020	jbermro
100335637	THE BANK OF BARODA LIMITED	₹1,180Cr	covvbnr	May 12, 2020	kcd{aey
100335625	THE BANK OF BARODA LIMITED	₹109Cr	aipkvyf	May 12, 2020	opqrhcb
100329152	-	₹292Cr	s{{yvie	Feb 20, 2020	{vibfgc
100302790	-	₹248Cr	{{hndgg	Nov 11, 2019	dmzwxyh
100290034	-	₹198Cr	jcrshcx	Aug 22, 2019	cbfhiat
100290036	-	₹198Cr	zknqoyi	Aug 22, 2019	zfwbtiy
100290033	-	₹198Cr	rncvojw	Aug 22, 2019	dxplfsb
100217640	-	₹193Cr	tjskzlx	Oct 29, 2018	iafrsop
100217090	-	₹222Cr	kojgtjk	Oct 26, 2018	pducwyw
100216500	-	₹316Cr	hyhcrit	Oct 24, 2018	mdqrdtf
100214363	-	₹411Cr	htyhuga	Oct 23, 2018	sya{kep
100211210	-	₹192Cr	bvoamxa	Sep 28, 2018	yqgmroi
100211206	-	₹64.4Cr	ajl{mzh	Sep 28, 2018	rzjwd{t
100207329	-	₹402Cr	hgvzsdq	Sep 13, 2018	uvsrdmb
100204613	-	₹262Cr	jnhvcmw	Aug 30, 2018	gsmbjhd

To access detailed information on a company’s loans, borrowings, & registered charges, Buy Detailed Report

Board of Directors of AIR INDIA EXPRESS LIMITED

Here is the list of current board of directors of AIR INDIA EXPRESS LIMITED:

Name	Designation	Status	Appointment Date	Duration
Aloke Singh	Managing Director	Current	Nov 09, 2020	5 Years 9 Months
Alice Geevarghese Vaidyan	Director	Current	Oct 20, 2022	3 Years 10 Months
Prathivadibhayankara Rajagopalan Ramesh	Director	Current	Oct 20, 2022	3 Years 10 Months
Nipun Aggarwal	Director	Current	May 09, 2023	3 Years 3 Months
Sanjay Sharma	Director	Current	Sep 14, 2024	1 Year 11 Months
Basil Yu duh Kwauk	Director	Current	Jul 04, 2025	1 Year 1 Month

To access detailed information on a company’s board members, directors, & authorized signatories, Buy Detailed Report

Signatories of AIR INDIA EXPRESS LIMITED

Here is the list of current signatories of AIR INDIA EXPRESS LIMITED:

Name	Designation(s)	Status	Appointment Date	Duration
Aloke Singh	Managing Director	Current	Nov 09, 2020	5 Years 9 Months
Prathivadibhayankara Rajagopalan Ramesh	Director	Current	Oct 20, 2022	3 Years 10 Months
Alice Geevarghese Vaidyan	Director	Current	Oct 20, 2022	3 Years 10 Months
Nipun Aggarwal	Director	Current	May 09, 2023	3 Years 3 Months
Sanjay Sharma	Director	Current	Sep 14, 2024	1 Year 11 Months
Deepak kumar Kantilal Rajawat	CFO	Current	Dec 11, 2024	1 Year 8 Months
Basil Yu duh Kwauk	Director	Current	Jul 04, 2025	1 Year 1 Month
Smriti Sharma	Company Secretary	Current	Nov 04, 2025	9 Months

To access detailed information on a company’s board members, directors, & authorized signatories, Buy Detailed Report

Cross Directorships of AIR INDIA EXPRESS LIMITED

AIR INDIA EXPRESS LIMITED has directors who also hold positions in 33 other legal entities. The top 20 are listed below:

Legal Entity Name	% of Common Directors	Common Director(s)	Open Charge(s)	Active Legal Case(s)
Air India Express Limited CIN: U62100HR1971PLC113015, India, Active	498	290	779	332
AIX CONNECT PRIVATE LIMITED CIN: U62200HR2013PTC113301, India, Amalgamated	803	576	773	151
AIX CONNECT PRIVATE LIMITED CIN: U62200HR2013PTC113301, India, Amalgamated	266	861	518	357
TEJAS NETWORKS LIMITED CIN: L72900KA2000PLC026980, India, Active	968	797	737	566
AIR INDIA LIMITED CIN: U62200HR2007PLC111539, India, Active	803	847	393	711
AIR INDIA SATS AIRPORT SERVICES PRIVATE LIMITED CIN: U74900HR2010PTC145726, India, Active	760	749	929	701
Air India Limited CIN: U62200HR2007PLC111539, India, Active	434	654	685	739
AIRBUS INDIA TRAINING CENTRE PRIVATE LIMITED CIN: U85493DL2024PTC439041, India, Active	290	866	878	458
UNION ASSET MANAGEMENT COMPANY PRIVATE LIMITED CIN: U65923MH2009PTC198201, India, Active	761	562	785	554
LARSEN AND TOUBRO LIMITED CIN: L99999MH1946PLC004768, India, Active	917	199	460	332
Housing Development Finance Corporation Limited CIN: L70100MH1977PLC019916, India, Amalgamated	746	174	274	271
TATA SIA AIRLINES LIMITED CIN: U62200HR2013PLC111543, India, Amalgamated	917	926	458	827
VER SE INNOVATION PRIVATE LIMITED CIN: U72200KA2007PTC042493, India, Active	282	219	231	808
Cipla Limited CIN: L24239MH1935PLC002380, India, Active	351	911	269	583
TATA AIG GENERAL INSURANCE COMPANY LIMITED CIN: U85110MH2000PLC128425, India, Active	381	579	441	164
NATIONAL STOCK EXCHANGE OF INDIA LTD. CIN: U67120MH1992PLC069769, India, Active	475	120	959	697
SAANKHYA LABS PRIVATE LIMITED CIN: U72200KA2006PTC041339, India, Amalgamated	681	423	477	350
NESTLE INDIA LIMITED CIN: L15202DL1959PLC003786, India, Active	385	550	131	315
CYIENT LIMITED CIN: L72200TG1991PLC013134, India, Active	792	939	638	716
CYIENT LIMITED CIN: L72200TG1991PLC013134, India, Active	242	406	779	665

To access detailed information on a company’s board members, directors, & authorized signatories, Buy Detailed Report

AIR INDIA EXPRESS LIMITED has an employee count of 7445 as on Aug 01, 2025.

Employee count trend for AIR INDIA EXPRESS LIMITED

Date	Employee Count
Aug 25	7445
Jul 25	861
Jun 25	519
May 25	352
Apr 25	977
Mar 25	831
Feb 25	101

Media has covered brands linked with AIR INDIA EXPRESS LIMITED for a total of 43 events in the last 1 year, 40 of them have been about company updates and 1 about people movement.