KINGFISHER AIRLINES LIMITED

Public Limited Indian Non-Government CompanyListedACTIVE Non-CompliantCIN: L85110KA1995PLC018045

INDICATIVE PRICE₹ —Last allotment: 24 Sept 2013

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UA Score65/100

CIN

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CIN

Incorp. Date15 Jun 1995

Paid-up Capital₹1361.82 Cr

Open Charges₹12795.61 Cr

Last AGM24 Sept 2013

PAN

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PAN

Company Summary

Kingfisher Airlines Limited (KAL) was an Indian Public Limited Non-Government Company, incorporated on June 15, 1995, in Karnataka. It operated within the Airline, Transport, and Logistics industry, s…

AirlineTransport and LogisticsAir Passenger Services

Incorporation15 Jun 1995

Age31+ years

PANAAACD5301J

StatusListed

LocationBangalore, Karnataka

IndustryAirline

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💡 Quick Investor Summary

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What They Do

Kingfisher Airlines Limited (KAL) was an Indian Public Limited Non-Government Company, incorporated on June 15, 1995, in Karnataka. It operated within...

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Financial Health

Reporting Between 250 and 1000 cr. in revenue. Currently operating at a loss making.

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Positive Aspects

Maintains active compliance with regulators.

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Key Risk

Significant registered debt charges open.

Key Highlights

ℹRevenue: Between 250 and 1000 cr.

⚠Profit: Loss Making

⚠Bureau defaults on record

⚠Pending legal cases filed

ℹEmployees: Upto 100

Management Team

VIJAY MALLYA

DirectorDIN: 00122890Since 26 Nov 2014

AYANI KURUSSI RAVINDRANATH NEDUNGADI

DirectorDIN: 00103214Since 19 Dec 2007

SUBHASH RAGHUNATH GUPTE

DirectorDIN: 00109548Since 29 Sept 2009

Show 23 past directors

KANNANTHANAM JOSEPH SAMUEL

DirectorDIN: 00019876Ceased 23 Mar 2010

SUDHIR CHOUDHRIE

DirectorDIN: 00008081Ceased 28 Jun 2007

BALA C DESHPANDE

DirectorDIN: 00020130Ceased 10 Sept 2008

SRINIVASULU REDDY MAGUNTA

Additional DirectorDIN: 00035021Ceased 07 Mar 2016

SACHANAND LADHANI

DirectorDIN: 00019933Ceased 01 Oct 2008

GHYANENDRA NATH BAJPAI

DirectorDIN: 00946138Ceased 09 Jan 2012

LALIT BHASIN

Additional DirectorDIN: 00001607Ceased 20 Mar 2015

MANMOHAN KAPUR SINGH

DirectorDIN: 00703815Ceased 24 Mar 2014

SUMANT KAPUR

Alternate DirectorDIN: 00593751Ceased 28 Jun 2007

VISHNU SINGH RAWAL

Alternate DirectorDIN: 00021694Ceased 01 Oct 2008

ARUN NANDA

DirectorDIN: 00034744Ceased 05 Sept 2011

NARESH TREHAN

DirectorDIN: 00012148Ceased 11 Aug 2010

MADDUR GUNDURAO MOHAN KUMAR

DirectorDIN: 00020029Ceased 01 Feb 2007

GORUR RAMASWAMYIYENGAR GOPINATH

DirectorDIN: 00019813Ceased 23 Mar 2010

VIVEK KALRA

DirectorDIN: 00426240Ceased 02 Jul 2007

VIJAY AMIRTHARAJ

DirectorDIN: 00020077Ceased 14 Mar 2012

PIYUSH GUNWANTRAI MANKAD

DirectorDIN: 00005001Ceased 09 Jan 2012

POOVAIAH JAYANTHKUMAR .

Whole-time directorDIN: 00020006Ceased 15 Oct 2008

ANIL KUMAR GANGULY

DirectorDIN: 00020177Ceased 17 Mar 2012

HITESH HARSHAD PATEL

DirectorDIN: 01873928Ceased 07 Jul 2008

BHARATH RAGHAVAN

Company SecretaryCeased 31 Jul 2015

NAGARAJA SRIVATSA

Company SecretaryCeased 08 Jul 2010

RADHIKA VENKATESH

Company SecretaryDIN: 02881475Ceased 01 Sept 2006

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No DRHP FiledNo IPO filing on record with SEBI

Kingfisher Airlines Limited ceased operations in 2012 and is currently under liquidation, with no recent IPO filings found.

IPO Readiness Score

1/10LONG TERM

Given the company's defunct status, liquidation, and severe financial distress, it is not a viable investment opportunity.

📑 DRHP Summary

Kingfisher Airlines Limited, incorporated in 1995, commenced commercial operations in 2005 and ceased in 2012 due to significant financial losses and high debts. The company was involved in scheduled and unscheduled aircraft passenger and cargo services. It has not filed any DRHP or RHP with SEBI recently.

🚀 Key Highlights

Kingfisher Airlines ceased operations in 2012 and its license was suspended.
The company has accumulated substantial losses and its net worth has been eroded.
Kingfisher Airlines is currently under liquidation.
Former employees are receiving pending dues through restitution facilitated by the Enforcement Directorate.

⚠️ Watch Points

The company has a history of significant financial losses and high debt.
There are pending cases and bureau defaults associated with the company.
The company's operating license was suspended and has since expired.

For Education purpose only · Not investment advice

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IPO Tracker

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Total Employees

Upto 100

CSR Expenditure

Not Specified

ℹ Cash Flow Statement not filed for latest year.

Profit & Loss Statement

Line Item	FY 2013
Net Revenue	₹501.38 Cr
Total Operating Cost	₹2960.49 Cr
Operating Profit / (Loss)	-₹2808.26 Cr
Other Income	₹182.08 Cr
Depreciation	₹238.78 Cr
Profit Before Tax	-₹4301.12 Cr
Income Tax	₹0
Profit After Tax (PAT)	-₹4301.12 Cr

Balance Sheet

Line Item	FY 2013
ASSETS
Non-Current Investments	₹2.56 L
Net Fixed Assets	₹711.93 Cr
Total Non-Current Assets	₹1233.83 Cr
Cash & Bank Balances	₹19.05 Cr
Trade Receivables	₹20.05 Cr
Total Current Assets	₹865.29 Cr
Total Assets	₹2811.04 Cr
LIABILITIES & EQUITY
Share Capital	₹1361.82 Cr
Reserves & Surplus	-₹14281.64 Cr
Total Equity	-₹12919.82 Cr
Long-Term Borrowings	₹6898.54 Cr
Deferred Tax (Net)	₹0
Total Non-Current Liabilities	₹6918.23 Cr
Short-Term Borrowings	₹1759.10 Cr
Trade Payables	₹2643.17 Cr
Total Current Liabilities	₹8812.63 Cr
Total Debt	₹8657.64 Cr

Cash Flow Statement

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Cash Flow Statement not filed

This company has not filed cash flow statements. This is common for smaller entities and non-profits.

Line Item	FY 2012
Net Revenue	₹5493.41 Cr
Total Operating Cost	₹6978.29 Cr
Operating Profit / (Loss)	-₹2158.39 Cr
Other Income	₹330.50 Cr
Depreciation	₹341.87 Cr
Profit Before Tax	-₹3446.09 Cr
Income Tax	-₹1118.08 Cr
Profit After Tax (PAT)	-₹2328.01 Cr

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5-Year Financial History

Insufficient data to compute Enterprise Value to EBITDA. CMP or reliable EBITDA metrics missing.

OCF vs PAT Ratio

Revenue & Profit Trend

Key Ratios

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Key Ratios Chart

Debt & Equity

Cash Flow Breakdown

Key Ratios Table

Ratio	FY 2013
Return on Equity	—
Return on Capital Employed	—
Current Ratio	0.10x
Quick Ratio	0.08x
Debt / Equity	—
Interest Coverage	-1.99x
Net Margin	-857.85%
EBITDA Margin	-560.10%
Revenue Growth	-90.87%

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Key Ratios Table

IPO Readiness Scorecard

60/ 100

Compliance Status0/25

Inactive/Warn

Financial Scale25/25

> ₹10Cr Revenue

Legal & Defaults10/25

Flags Detected

Governance & Cap25/25

Stable

Compliance Dashboard

Bureau Defaults

✗ Reported

Legal Cases (Pending)

✗ Cases Pending

GST Filing Status

✓ Timely

EPF Payment Status

✓ Timely

MCA Compliance

✓ INACTIVE

MSME Payment Delays

✓ None Detected

Insolvency / BIFR History

✓ No History

Auditor Stability (YoY)

✓ Stable

Related Party Transactions

Loans to/from Related Entities

Extracted from AOC-4 disclosures. Currently within normal safe limits.

Remuneration vs Profits

Management remuneration ratio stable against net profit bounds.

Credit Ratings

✓ Credit rating assigned. Details gated.

Legal Case Timeline

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Governance & Compliance

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Cap Table & Shareholding

No peer comparison data available for this company.

Latest Filings

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AOC-4 (Annual Financials)

FY 2023-24 | Filed on: 13 Feb 2025

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MGT-7 (Annual Return)

FY 2022-23 | Filed on: 20 Feb 2024

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Last AGM Date

30 Sep 2024

SWOT Analysis

+ Strengths

Established presence in the airline industry, having commenced commercial operations in 2005 and international operations in 2008.
Operated in the 'Between 250 and 1000 cr.' revenue band as of 2013-03-31.

− Weaknesses

Ceased operations in fiscal 2013, indicating significant operational failure.
Highly loss-making with a PAT of ₹-4301.12 Cr and a Net Margin of -857.9% as of 2013-03-31.
Presence of Bureau Defaults.
Presence of Pending Cases.
Classified as 'Loss Making' in the Profit Band.
Low employee count (Upto 100) for an airline, potentially indicating a significant reduction in workforce or minimal operational capacity by 2013.

💡 Opportunities

⚠️ Threats

Cessation of operations in fiscal 2013 poses an existential threat to the business.
Significant financial distress indicated by large losses and negative net margin.
Bureau Defaults and Pending Cases suggest severe legal and financial liabilities.
Competitive pressures in the airline industry, which may have contributed to operational cessation.

AI Generated FAQs

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Documents & Filings

🔮Astro InsightFUN

KINGFISHER AIRLINES LIMITED (Incorporated June 1995)
Ah, Kingfisher! A classic Gemini, always buzzing with ambitious plans but sometimes struggling to stick the landing. With a twin nature, perhaps one twin was buying the planes and the other was, well, off on a fabulous, non-committal vacation. Liquidation? Just a cosmic rebrand, darling; the stars predict a future where you're reborn as a very chic, very exclusive, and hopefully very solvent, private jet service.

Entertainment only — not financial advice.

Probe Financial Score

Overall Financial1.0/10

Growth1.0/10

Profitability1.0/10

Liquidity1.0/10

Solvency1.0/10

Efficiency1.0/10

Key Indicators

Revenue BandBetween 250 and 1000 cr.

ProfitabilityLoss Making

Employee CountUpto 100

Pending CasesYes

Bureau DefaultsYes

GST DelaysNo

EPF DelaysNo

KINGFISHER AIRLINES LIMITED

Company Summary

🎙️ Company Audio Brief

💡 Quick Investor Summary

Key Highlights

Management Team

IPO Tracker

Financial Statements

Profit & Loss Statement

Balance Sheet

Cash Flow Statement

Charts & Ratios

OCF vs PAT Ratio

Revenue & Profit Trend

Key Ratios

Debt & Equity

Cash Flow Breakdown

Key Ratios Table

Governance & Compliance

Capitalization Table

Peer Comparison

Latest News

Recent News

Google News

Kingfisher Airlines employees to get ₹311.67 crore payment towards long-pending dues - The Hindu

Worked for 9 years, Rs 1.39 crore due: Ex-Kingfisher Airlines pilots approach Karnataka High Court to get salary - The Indian Express

How Kingfisher Airlines collapsed? All about Vijay Mallya's dream project that couldn't survive the skies - WION

India's defunct Kingfisher Airlines owes $40mn to airports - ch-aviation

ED restitutes Rs 312 crore of Kingfisher Airlines to its former employees - The Times of India

Documents & Filings