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AIR INDIA LIMITED

Active
Updated: 01 Nov 2024

The company provides domestic and international air transportation services.

Air India Limited, is an unlisted public company incorporated on 30 March, 2007. It is classified as a public limited company and is located in Gurgaon, Haryana. It's authorized share capital is INR 55,000.00 cr and the total paid-up capital is INR 35,360.22 cr.

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Industry

Transport and Storage
Products
  • passenger and baggage, diverted flight handling, ULD repair facility, aircraft recovery assistance, technical assistance, VVIP and charter handling, airport handling training and development, andling services; and ramp, cargo handling and warehousing, and engineering/allied services under the Air India
Key Metrics

** All rupee values in INR crores. Based on March 2024 numbers.

Sales
23.7%
₹ 38,812.5
EBITDA
-
₹ -721.4
Net Profit
-
₹ -4,444.1
Networth
17.09%
₹ 11,425.4
Borrowings
131.22%
₹ 53,444.9
Assets
49.1%
₹ 80,696.4
Gross Margin
7.91
59.1 %
Operating Margin
3.14
-1.9 %
Net Profit Margin
24.32
-10.9 %
Return on Equity
77.81
-38.9 %
ROCE
24.66
-11.2 %
Debt to Equity
2.31
4.7
Sales
Mar 2024
Net worth
Mar 2024

Locations

indian flag India (2)
State Type Address

location icon Locations on Map

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Tofler Score

Very Good
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Poor
Fair
Good
Very Good
Excellent

Risk

Severe Risk
  • VERY LOW INTEREST COVERAGE
Moderate Risk
  • HIGH LEVERAGE
  • LOSS MAKING
  • LOW ROCE
  • CASH DETERIORATING
Low Risk
  • LOW INVENTORY
About Tofler Score
Tofler Score measures the quality of performance and integrity of a company. It is dependent on three key factors - Sustainability, Governance, and Growth.

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Financial Highlights

** All numbers in INR crores
Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Sales 27,710.6 10,343.3 17,105.2 31,377.4 38,812.5
Operating profit -368.1 -451.4 -1,478.2 -1,567.7 -721.4
Net profit -7,765.7 -7,017.4 -9,556.5 -11,388.0 -4,444.1
Gross margin 66.1 75.5 60.7 51.2 59.1
Operating margin -1.3 -4.4 -8.6 -5.0 -1.9
Net margin -27.2 -58.0 -48.2 -35.2 -10.9
Networth -15,611.6 -22,789.9 16,847.1 9,757.8 11,425.4
Borrowings 30,598.8 36,227.6 13,812.5 23,113.9 53,444.9
Assets 71,742.4 63,317.2 49,259.8 54,121.8 80,696.4
Debt to equity -2.0 -1.6 0.8 2.4 4.7
Current ratio 0.1 0.1 0.3 0.5 0.6
ROE - - -56.7 -116.7 -38.9
Days payable 392.0 1,335.0 159.0 70.0 116.0
WC days -712.0 -2,019.0 -337.0 -167.0 -66.0
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Margins

Gross margin
Operating margin
Net margin

Balance Sheet

Standalone
Consolidated
%
** All numbers in INR crores
Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 32,665.2 32,665.2 32,665.2 35,360.2 35,360.2
Reserves -48,276.8 -55,455.2 -15,818.1 -25,602.5 -23,934.9
Borrowings + 30,598.8 36,227.6 13,812.5 23,113.9 53,444.9
Long term borrowings 5,511.8 5,511.1 - 5,401.0 48,567.2
Short term borrowings 25,086.9 30,716.5 13,812.5 17,712.9 4,877.7
Trade payables + 10,093.5 9,271.6 2,928.5 2,950.4 5,046.9
Days payable 392.0 1,335.0 159.0 70.0 116.0
Other liabilities + 56,755.2 49,879.5 18,600.3 21,250.1 15,826.1
Other non-current liabilities 22,243.8 18,959.1 9,506.2 9,746.4 2,046.2
Other current liabilities 24,418.0 21,648.8 6,165.6 8,553.4 8,733.0
Total liabilities 71,742.4 63,317.2 49,259.8 54,121.8 80,696.4
Fixed Assets + 45,964.6 40,003.4 36,827.4 27,239.5 41,122.7
Tangible assets 45,856.8 40,000.8 36,827.2 27,183.8 40,075.7
CWIP 101.4 1.3 - 55.6 1,028.1
Intangible assets 6.4 1.4 0.2 - 18.9
LT loans and advances 404.0 447.7 - - 500.0
Other non-current assets 19,842.8 18,441.2 5,309.4 12,020.7 27,393.4
Current assets + 5,531.0 4,424.9 7,123.1 14,861.6 11,680.3
Inventories 947.1 662.7 642.7 810.7 1,248.1
Trade receivables 1,375.6 1,136.8 1,531.7 1,004.1 999.0
Cash and cash equivalents 624.8 529.4 1,403.4 806.6 870.5
ST loans and advances 17.6 8.6 - - -
Other current assets 2,565.9 2,087.4 3,545.2 12,240.2 8,562.7
Total assets 71,742.4 63,317.2 49,259.8 54,121.8 80,696.4
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Total assets

Profit & Loss

Standalone
Consolidated
%
** All numbers in INR crores
Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Sales + 27,710.6 10,343.3 17,105.2 31,377.4 38,812.5
Sales growth % 8.63 -62.67 65.37 83.44 23.7
Expenses + 36,290.2 19,083.3 26,643.4 37,111.8 45,220.2
Cost of goods 9,399.3 2,535.9 6,729.8 15,298.9 15,853.5
Employee cost 3,225.4 2,255.7 2,329.2 2,739.4 4,031.3
Other costs 15,454.1 6,003.1 9,524.5 14,906.7 19,649.2
Operating profit + -368.1 -451.4 -1,478.2 -1,567.7 -721.4
Operating margin % -1.3 -4.4 -8.6 -5.0 -1.9
Other income 813.8 1,760.8 2,710.7 956.9 1,963.6
Interest 3,919.3 3,836.4 3,871.9 1,109.3 2,569.1
Depreciation 4,292.2 4,452.3 4,188.0 3,057.5 3,117.2
Exceptional items - - -2,530.0 -6,610.4 -
Profit before tax -7,765.7 -6,979.3 -9,357.5 -11,388.0 -4,444.1
Tax - 38.1 199.0 - -
Profit - disc. ops - - - - -
Net profit -7,765.7 -7,017.4 -9,556.5 -11,388.0 -4,444.1
Net margin % -27.2 -58.0 -48.2 -35.2 -10.9
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Revenue from operations

Ratios

Standalone
Consolidated
Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Solvency +
Total Debt/Equity -2.0 -1.6 0.8 2.4 4.7
Net Debt/Equity -1.9 -1.6 0.7 2.3 4.6
Total Debt/Assets 0.4 0.6 0.3 0.4 0.7
Total Assets/Equity -4.6 -2.8 2.9 5.5 7.1
Liquidity +
Current Ratio 0.1 0.1 0.3 0.5 0.6
Quick Ratio 0.1 0.1 0.3 0.5 0.6
Interest Coverage -0.1 -0.1 -0.4 -1.4 -0.3
Performance
Gross Margin 66.1 75.5 60.7 51.2 59.1
Operating Margin -1.3 -4.4 -8.6 -5.0 -1.9
Net Margin -27.2 -58.0 -48.2 -35.2 -10.9
Return +
Return on Equity - - -56.7 -116.7 -38.9
Pre-tax ROCE 57.5 28.5 -26.9 -35.9 -11.2
Return on Assets -10.8 -11.1 -19.4 -21.0 -5.5
Pre-tax ROIC -32.5 -38.0 -19.4 -14.4 -6.0
Efficiency +
Days Payable 392.0 1,335.0 159.0 70.0 116.0
Days Inventory 37.0 95.0 35.0 19.0 29.0
Days Receivable 18.0 40.0 33.0 12.0 9.0
Fixed Asset Turnover 0.6 0.3 0.5 1.1 0.9
Total Asset Turnover 0.4 0.2 0.3 0.6 0.5
Working Capital
Cash Conversion Cycle -337.0 -1,200.0 -91.0 -39.0 -78.0
Working Capital Days -712.0 -2,019.0 -337.0 -167.0 -66.0
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Ratios

Current ratio
Debt/equity ratio

Charges on assets

Bank wise
Charges
1

Alafco Irish Aircraft Leasing Six Limited

No. of Loans: 12

Total Amount : 4,582.3 cr

2

Wilmington Trust (London) Limited

No. of Loans: 4

Total Amount : 4,000.6 cr

3

Indian Orange Limited

No. of Loans: 12

Total Amount : 2,707.5 cr

4

State Bank of India

No. of Loans: 2

Total Amount : 1,914.5 cr

5

Bayern Aircraft Limited

No. of Loans: 8

Total Amount : 1,660.9 cr

6

United Bank of India

No. of Loans: 1

Total Amount : 470.0 cr

7

Bank of Baroda

No. of Loans: 1

Total Amount : 443.7 cr

8

CALC 20 - Aircraft Limited

No. of Loans: 1

Total Amount : 327.4 cr

9

CALC 19 - Aircraft Limited

No. of Loans: 1

Total Amount : 327.4 cr

10

Punjab National Bank

No. of Loans: 1

Total Amount : 210.0 cr

11

Indian Overseas Bank

No. of Loans: 1

Total Amount : 180.0 cr

12

IndusInd Bank Limited

No. of Loans: 3

Total Amount : 173.2 cr

13

HDFC Bank Limited

No. of Loans: 1

Total Amount : 5.0 cr

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Charges

Alafco Irish Aircraft Leasing Six Limited
Wilmington Trust (London) Limited
Indian Orange Limited
State Bank of India
Others

People

Designation Name DIN/PAN Tenure
Director Chandrasekaran Natarajan 00121863 3 years
Kmp Sanjay Sharma <HIDDEN> 1 years
Director Prathivadibhayankara Rajagopalan Ramesh 01915274 3 years
Director Pathamadai Balachandran Balaji 02762983 1 years
Director Sanjiv Soshil Mehta 06699923 3 years
Director Alice Geevarghese Vaidyan 07394437 3 years
CEO Campbell David Mcgregor Wilson <HIDDEN> 3 years
Managing Director Campbell David Mcgregor Wilson 09612044 3 years
CS Kalpana Sridhar Rao <HIDDEN> 12 years

Company Network

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Subsidiary Companies

Name State / Country Incorporation Year Paidup Capital
AIR INDIA EXPRESS LIMITED Haryana 1971 ₹ 1,017.1 Cr
AIX CONNECT PRIVATE LIMITED Haryana 2013 ₹ 4,195.0 Cr
AI FLEET SERVICES IFSC LIMITED Gujarat 2023 ₹ 30.0 Cr

Registered Details

CIN

U62200HR2007PLC111539

PAN

AACCN6194P

Incorporation

2007, 18.1 years

Company Email

Company.Secretary@airindia.com

Paid up Capital

₹ 35,360.2 Cr

Authorised Capital

₹ 55,000.0 Cr

AGM

Aug 2024

Type

Public
Non-government Company

FAQ - AIR INDIA LIMITED

What is the incorporation date of AIR INDIA LIMITED?

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The incorporation date of AIR INDIA LIMITED is 30 March, 2007

What is the authorized share capital of AIR INDIA LIMITED?

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The authorized share capital of AIR INDIA LIMITED is INR ₹ 55,000.0 Cr.

What is the paid-up capital of AIR INDIA LIMITED?

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The paid-up capital of AIR INDIA LIMITED is INR ₹ 35,360.2 Cr.

What is the registered address of AIR INDIA LIMITED?

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The registered address of AIR INDIA LIMITED is Block-4, Vatika One on One, Sector-16, NH-48 Industrial Esta te (Gurgaon) Industrial Estate Gurgaon Haryana - 122007

What is the CIN number of AIR INDIA LIMITED?

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The CIN number of AIR INDIA LIMITED is U62200HR2007PLC111539.

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