Promoter holding
64.27%
SA
Skyways Air Services Ltd - Due diligence report
A 360° intelligence report on Skyways Air Services Ltd: trust score, financial health, credit view, compliance, directors, growth and distre…
Full Due-Diligence Report + Documents
- Unlock all financial figures & 5-year trends
- Full trust, health & credit-risk scores
- Director details, charges & MCA documents
₹700
₹449
Save ₹251
excl. GST
Or from ₹279/report with credits
View credit packages
Company Credits – Starter
- One credit unlocks this full due-diligence report
- Use across any company’s report, anytime
- Credits valid for 12 months
Choose your own credit amount
View credit packages
Skyways Air Services Ltd — 360° Intelligence Report
Generated from MCA filings & public records64/100
Trust Score
Moderate
Skyways Air Services Ltd is assessed as Moderate with a Trust Score of 64/100. Skyways Air Services Ltd is an active public limited indian non-government company incorporated in 1984, operating in the Transport and Logistics sector. The company has shown revenue growth across its recent filed years. It was profitable in its latest filed year. Based on MCA filings and public records, it currently shows a moderate compliance risk and moderate financial risk profile.
Report generated on 16 Jul 2026 from the latest processed filings. Skyways Air Services Ltd snapshot & full profile →
Automated indicators derived from public MCA / GST / EPFO records - not a credit rating, not investment, legal or financial advice. Spotted an inaccuracy? Report an error.
02
Score Card
Higher is safer · rule-based & explainableTrust ScoreModerate
64/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreModerate
58/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreModerate
65/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreCaution Indicated
45/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreCaution Indicated
45/100
Board strength, DIN status, churn and network.
Growth ScoreLow Risk
75/100
Revenue, profit, asset and hiring momentum.
Distress ScoreModerate
55/100
Early-warning signals - higher means fewer warnings.
03
Financial Intelligence Dashboard
Consolidated · 5 filed year(s)Unlock the full 5-year financial dashboard with charts and year-wise figures.
Get full accessScores and observations on this page are already computed from the real filings - only the underlying figures are locked.
04
Credit & Compliance Intelligence
Why the scores are what they are
Credit Risk Score: 45/100 Caution Indicated
- Liabilities ≈ 38% EBITDA - stretched.
- Open charges exceed net worth - secured lenders rank ahead.
- Profitable - internal accruals available.
- Externally credit-rated (A-).
Charges position: 23 open (562.03 cr) · 24 satisfied (196.20 cr).
Banking relationships (from registered charges)
| Lender | Charges | Amount |
|---|---|---|
| Others | 25 | 48.0 cr |
| Axis Bank Limited | 6 | 48.0 cr |
| Hdfc Bank Limited | 5 | 48.0 cr |
| Standard Chartered Bank | 4 | 48.0 cr |
| Yes Bank Limited | 3 | 48.0 cr |
| Citi Bank N.A. | 1 | 48.0 cr |
Compliance Score: 58/100 Moderate
- Company status is Active as per MCA.
- Balance sheet slightly behind (Mar 2024).
- Litigation present in 3 court forum(s).
- 1 auditor resignation(s) filed - latest: GIRISH MANGLA & CO. on 2023-08-10.
- 11 active GST registration(s).
Legal cases on record (3)
05
Director Intelligence
Stability score: 45/100| Name | DIN / PAN | Designation | Appointed | Tenure | DIN status |
|---|---|---|---|---|---|
| TARUN SHARMA | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| ROHIT SEHGAL | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| HIMANSHU CHHABRA | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| SUBIR BIKAS MITRA | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| RAJIV GUL HARIRAMANI | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| RANJIT KUMAR PACHNANDA | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| SANTOSH RAMANUJ | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| YASH PAL SHARMA | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| Rajni | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| Rupinder Kaur | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| Himanshu Chhabra | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| Hitesh Kumar | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
- 12 directors on the board.
- RANJIT KUMAR PACHNANDA has DIN status "Deactivated due to non-filing of DIR-3 KYC".
- 3 director exit(s) in the last 3 years.
- Average tenure above 5 years.
Director & KMP remuneration (FY 2024)
| Name | Designation | Total remuneration |
|---|---|---|
| A K Sharma | Managing Director | 2.4 cr |
| R Mehta | Whole-time Director | 1.6 cr |
| S Iyer | CFO | 95.0 L |
Remuneration is disclosed in the latest annual return. Unlock full report
06
Ownership & Group Intelligence
As per FY 2024 annual returnPublic / other holding
35.73%
Equity shares
12,45,67,890
Equity paid-up
124.5 cr
Promoters on record
4
Ultimate holding entity
-
Subsidiaries
6
Group entities
6
Capital events
2 allotment(s) · 0 transfer(s)
Promoters hold a dominant controlling stake - exact percentages are part of the full report.
| Group entity | Relationship | % held |
|---|---|---|
| Hubload Sls Services Private Limited | Subsidiary Company | 74.00% |
| Northport Logistics Private Limited | Subsidiary Company | 74.00% |
| Phantom Express Private Limited | Subsidiary Company | 74.00% |
| Skyways Sls Logistik Gmbh(german), | Subsidiary Company | 74.00% |
| Skyways Sls Logistik Private Limited | Subsidiary Company | 74.00% |
| Skart Global Express Private Limited | Subsidiary Company | 74.00% |
| Forin Container Line Private Limited | Subsidiary Company | 74.00% |
| Skyways Sls Cargo Services Llc(united Arab Emirates). | Subsidiary Company | 74.00% |
| Sls Retail Supermart Private Limited | Subsidiary Company | 74.00% |
| Skyways Sls Logistik Co Ltd (hong Kong) | Subsidiary Company | 74.00% |
Key managerial personnel: TARUN SHARMA (Whole-time director) · ROHIT SEHGAL (Whole-time director) · HIMANSHU CHHABRA (Whole-time director) · RAJIV GUL HARIRAMANI (Whole-time director) · YASH PAL SHARMA (Managing Director)
Full shareholding pattern, group structure & capital events →
07
Risk Intelligence Center
Growth 75 · Distress 55
Growth signals & trust indicators
Revenue acceleration: +1.42 over 4 year(s).
Asset base grew 2.1x - capacity expansion.
Operating for 41+ years.
Active EPFO - real payroll on record.
Active GST registration(s).
Distress signals & risk flags
Revenue declined year-on-year.
Profit declined two years in a row.
Outside liabilities up 24% in a year.
Compliance score is weak (58/100).
23 open charge(s) registered - assets are encumbered.
1 auditor resignation(s) on record - review the stated reasons.
3 court case(s) on record - see the legal section for details.
08
Stakeholder Verdicts
Vendor · Banker · InvestorVendor due diligence59/100
Review suggested
Suitability as a supplier / customer counterparty.
- Check the compliance flags before onboarding.
- 3 distress signal(s) - see Risk Center.
- Financial filings available for verification.
Banker assessment54/100
Mixed indicators - deeper appraisal suggested
Indicative lending comfort for banks, NBFCs and trade credit.
- Debt capacity assessed from filed statements.
- 23 open charge(s) of 562.03 cr already registered.
- Compliance gaps should be priced into terms.
Investor view69/100
Mixed indicators
Growth quality and scalability through an investor lens.
- 2 growth signal(s) detected.
- Margin and return trends computable from filings.
- Management churn warrants questions.
09
MCA Filings & Events Timeline
Latest 15 events21 Oct 2025
Charge satisfied
Others
16 Aug 2025
Charge satisfied
Others
11 Jul 2025
Charge satisfied
Axis Bank Limited
26 Jun 2025
Charge created
Others - 30.00 cr
11 Jun 2025
Director appointed
Himanshu Chhabra (Cfo)
Director appointed
Hitesh Kumar (Company Secretary)
31 May 2025
Director appointed
SUBIR BIKAS MITRA (Director)
Director appointed
RANJIT KUMAR PACHNANDA (Director)
Director appointed
SANTOSH RAMANUJ (Director)
Director appointed
Rajni (Director)
Director appointed
Rupinder Kaur (Director)
29 May 2025
Charge satisfied
Axis Bank Limited
13 May 2025
Charge satisfied
Others
08 May 2025
Charge satisfied
Others
05 May 2025
Charge satisfied
Others
10
Key Observations
Auto-generated from the data aboveRevenue grew 0.86 over the last 4 financial year(s).
Net profit margin moved from 61% to 38%.
Debt-to-equity stands at 1.42 - leverage worth monitoring.
Net worth is positive.
12 active director(s) / partner(s); review board churn before relying on management continuity.
11 active GST registration(s) indicate ongoing business operations.
Operates a group structure with 6 subsidiary(ies) - assess on a consolidated basis.
Carries an external credit rating of A- from Care.
EPFO-registered employer - verifiable payroll history exists.
Promoters hold a dominant controlling stake as per the FY 2024 annual return.
Director / KMP remuneration is disclosed in the latest annual return - exact figures available in the full report.
Capital has been raised through 2 security allotment(s) - amounts available in the full report.
12 overseas direct investment(s) (ODI) on record - international footprint.
| Company | CIN | Location |
|---|---|---|
| Procam Worldwide Logistics Private Limited | U63010DL2010PTC210920 | New Dehli, Delhi, India |
| Madurai Trans Carrier Limited | U62100TN2013PLC094059 | Chennai, Tamil Nadu, India |
| Air Connect | U62200GJ2010PLC097428 | Surat, Gujarat, India |
| Air Shagoon (Network) Private Limited | U63040DL2002PTC115750 | New Delhi, Delhi, India |
| Round The Clock Logistics Private Limited | U63013MH2006PTC165413 | Mumbai, Maharashtra, India |
| Craftman Shipping Private Limited | U63030MH2019PTC326222 | Andheri East, Maharashtra, India |
| Aerotech Fms Private Limited | U62200DL2009PTC194298 | New Delhi, Delhi, India |
| Transline Air Cargo Services Pvt.Ltd. | U99999MH1993PTC072294 | Mumbai, Maharashtra, India |
12
Who Uses This Report
CA · CS · Banker · Investor · VendorChartered Accountants (CA)
Verify Skyways Air Services Ltd before audits and certifications: compliance score 58/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.
Company Secretaries (CS)
Track statutory health of Skyways Air Services Ltd: ACTIVE compliance status, annual-return recency, director DIN status, board churn and the events timeline - the inputs for secretarial audits and due-diligence certificates.
Bankers & NBFCs
Current banker verdict: Mixed indicators - deeper appraisal suggested. Credit risk score 45/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.
Investors & Analysts
Investor view: Mixed indicators. Growth score 75/100, margin trends, ownership structure and peer set for Skyways Air Services Ltd - screening before a deeper diligence.
Vendors & Procurement Teams
Vendor verdict: Review suggested. Trust score 64/100, distress signals and MSME payment-delay disclosures - know whether Skyways Air Services Ltd pays its suppliers before you extend credit terms.
Lawyers & Compliance Teams
Litigation footprint (3 case(s) on record), regulatory flags, charge documents trail and director networks for Skyways Air Services Ltd - groundwork for KYC, onboarding and disputes.
13
Frequently Asked Questions
Is Skyways Air Services Ltd an active company?
Skyways Air Services Ltd has MCA status “Active” with a compliance score of 58/100 (Moderate).
Is Skyways Air Services Ltd financially healthy?
Skyways Air Services Ltd has a Financial Health Score of 65/100 (Moderate) based on its filed financial statements.
Should I do business with Skyways Air Services Ltd?
Its overall Trust Score is 64/100 (Moderate). Vendor verdict: Review suggested. Review the risk flags in the Risk Intelligence Center before deciding.
Who controls Skyways Air Services Ltd?
Promoters hold a dominant controlling stake - exact percentages are in the full report. 12 active director(s) are on record.
Does Skyways Air Services Ltd have loans or charges against its assets?
23 open charge(s) are registered against its assets, and 24 earlier charge(s) stand satisfied.
Is Skyways Air Services Ltd up to date with its ROC filings?
Balance sheet slightly behind (Mar 2024). Overall compliance score: 58/100 (Moderate).
Is it risky to lend to Skyways Air Services Ltd?
Its Credit Risk Score is 45/100 (Caution Indicated). Banker verdict: Mixed indicators - deeper appraisal suggested.
Disclaimer: This report is generated automatically from MCA filings and public records as available
in our system at the time of the last update. Scores, bands and verdicts are rule-based derived indicators of the
underlying data - they are opinions generated by an algorithm, not statements of fact about the company, and are
not credit ratings (within the meaning of SEBI regulations), audits, or investment, legal or financial advice.
Verify from official sources and consult a qualified professional before any business, lending or investment decision.
If you represent this company and believe any information is inaccurate or outdated,
report it here and we will review promptly.
