DOCSLIB.ORG

Morning Update

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Morning Update GLOBAL VECTRA HELICORP LTD Sector: Aviation Date: 09/07/2015 INDIA’S LARGEST PRIVATE HELICOPTER COMPANY Share Holding % Global Vectra Helicorp Ltd (GHVL) is a part of the Vectra Group of Promoters 75.00 companies, which is engaged in Aviation, Heavy engineering, Real FII 0.00 estate, Information Technology and Security systems. FI/MF/Insurance Co. 0.00 Bodies Corporate 2.71 GVHL offers offshore transportation services to the oil and gas sector Public & Others 22.29 and through Birdie, its onshore division, charter and airport shuttle services throughout the country. StockData Market Cap `140cr GVHL is India’s largest private helicopter company, with a fleet of 23 52 Week High/Low `104.70/31.00 aircrafts. The fleet of helicopters, which range from small light Sector Airlines helicopters to medium-sized twin helicopters, offer seating capacity for Bloomberg Code GVH IN 4–15 passengers. Reuters Code GLVE.BO Bse Code 532773 GVHL provides offshore services to its client under long term contracts. Nse Code GlobalVect These contracts range from one to five years with renewal options. Outstanding Shares 14,000,000 Face Value `10 GVHL has a team of highly experienced pilots, all of whom are rated on the Bell 412 helicopter and Eurocopter. These pilots are predominantly from the defence services and possess extensive flying experience in all Helicopter Details kinds of difficult environments. As of 2014 GVHL had a total staff of 295 Type Number personnel including 75 pilots and 108 engineering staff. BELL 412 14 AW 139 3 AS 350 B3 4 GVHL’s major maintenance base for the offshore fleet is Mumbai where EC 135 P2+ 1 all maintenance work is carried out including 3000 hours check on its EC 155 B1 1 Bell 412 fleet of aircraft in a 6000 sqm state-of-the art hangar. Source: Company As per the international recommendations and the requirements of the Global Oil & Gas Industry as well as International Civil Aviation Organization GVHL has introduced formal Safety Management System (SMS). GVHL is the only Helicopter Company with their base located in North, South, East, and West hence covering the entire nation. GVHL also is one of its kind providing In-House MRO services. Add Value By Smart Investing 1 | P a g e GLOBAL VECTRA HELICORP LTD GVHL is the only listed Crew Logistics Company in India Revenue Contribution-Currency Offshore Projects (80%) ($) Onshore Projects (20%) (`) Offshore Projects: The Offshore division is dedicated to providing Air Logistics Dedicated to provide Air services to Oil & Gas Industry majors like Oil and Natural logistics to Oil & Gas industry Gas Corporation (ONGC), Cairn India, British Gas Exploration and Production India Ltd (BGEPIL), Reliance Industries Ltd (RIL), Transocean (TSF), Shell Drilling, British Petroleum, Gujarat State Petroleum Corporation (GSPC), Baker Hughes and many more. For the Oil & Gas customers GVHL transports crew and cargo for their exploration and production activities utilizing a young fleet of GVHL is the only listed crew logistics company in India helicopters operated by trained pilots and maintained by highly qualifies maintenance personnel. Add Value By Smart Investing 2 | P a g e GLOBAL VECTRA HELICORP LTD Onshore Projects: The Onshore activities of GVHL are carried on through its division called Birdie. These onshore activities take place in principle Onshore Activities through its throughout the Indian Sub continent with operating nuclei in Greater division called BIRDIE Noida/ New Delhi & Bangalore. The customized services provided by Birdie are: Aerial Photography Business promotions Corporate Services Geophysical Survey Pilgrimage Political Rallies Tourism Highlights of the Services: Birdie caters to all filming and photography requirements. They can provide helicopters with or without doors or windows and can also install an Ultra media 2 or similar camera on the exterior of the aircraft. Birdie offers more bases in India Birdie offers more bases in India than any other helicopter service, than any other helicopter service making it the fastest way to reach a city destination during a Rally. In the case of Geophysical Survey’s Birdie’s specialized service is helmed by a panel of highly skilled and experienced pilots. Special helicopters equipped with the latest electromagnetic sensors carry out these highly specialized tasks with precision and accuracy for clients such as multinational mining companies and government organizations. Dolphin Geophysical Pte Ltd., Polarcus, Fugro, CGG VERITAS, Major Seismic partners: Dolphin Results Marine, Schlumberger & Western Geco have been the major Geophysical Pte Ltd., Polarcus, Seismic partners for whom GVHL has flown satisfactorily on the East Fugro, CGG VERITAS and West Coast of India in the recent past and are hopeful for the same in the near future as well. Add Value By Smart Investing 3 | P a g e GLOBAL VECTRA HELICORP LTD Maintenance Repair and Overhaul Processes (MRO): GVHL aircraft maintenance facility (MRO) has been approved by Approved by Indian DGCA as a Indian DGCA as a CAR 145 approved maintenance organization. CAR 145 GVHL’s maintenance facility at the Juhu air base in Mumbai has certification to carry out scheduled inspection of Bell-412 helicopters up to 3000 hours / 5 years inspection. GVHL has also acquired international recognition through certification on: ISO 9001-2008 ISO 14001-2004 • ISO 9001-2008 – Quality Management System Standards OHSAS 18001-2007 • ISO 14001-2004 – Environmental Management System Standards •OHSAS 18001 – 2007 – Occupational Health and Safety Management System Standard The Company is also CAP 3100 Compliant. Dy. CEO and Whole-time SALUTE TO EXCELLENCE Director Mr. P. Raj Kumar Menon was awarded, the “ SALUTE TO AWARD to Mr P.Raj Kumar Menon by RWSI EXCELLENCE”, Aircraft Maintenance Engineer Safety Award by Rotary Wing Society of India (RWSI), a nonprofit organization and safety watch dog of the helicopter industry of India. The Approval of sub bases to carry out scheduled inspection of Bell-412 helicopters is: Visakhapatnam - Up to 600 hours / 12 months inspection Rajamundry & Bhubneshwar – Up to 300 hours inspection The Maintenance of EC-155 B1, AS-350 B3 & EC – 135 P2 are sub - contracted to M/s Indo Copters, Delhi. Add Value By Smart Investing 4 | P a g e GLOBAL VECTRA HELICORP LTD FINANCIAL SUMMARY: P&L STANDALONE Y/E MARCH (`CR) PARTICULARS 4Q FY15 3Q FY15 4Q FY14 FY14 FY 15 FY16E Net Sales 84.70 83.53 87.89 330.13 344.64 360.20 Other Operating Income 0.91 0.33 0.52 1.42 2.18 0.00 Total Income 85.60 83.85 88.41 331.55 346.81 360.20 Total Expenditure 59.02 69.77 60.44 277.29 268.12 277.35 PBIDT 26.58 14.08 27.97 54.26 78.70 82.85 Other Income 7.77 0.32 0.44 5.07 9.50 9.00 Interest 4.00 3.97 6.15 21.21 16.71 14.65 Depreciation 6.55 6.53 7.30 29.24 25.72 23.50 Exceptional Item 5.00 0.00 0.00 0.00 5.00 0.00 Prior Period Item* 9.03 0.00 0.00 0.00 9.03 0.00 PBT 19.77 3.90 14.95 8.89 41.74 53.70 Tax 2.43 0.00 0.00 0.00 2.43 12.08 Deferred Tax 8.67 1.70 3.40 3.40 16.18 8.86 Reported Profit After Tax 8.66 2.20 11.55 5.49 23.12 32.75 EQUITY 14.00 14.00 14.00 14.00 14.00 14.00 EPS 5.41 0.82 5.24 0.91 13.42 23.40 Source: Company, Our Research Add Value By Smart Investing 5 | P a g e GLOBAL VECTRA HELICORP LTD BALANCE SHEET STANDALONE Y/E MARCH (`CR) PARTICULARS As at 31-Mar-15 As at 31-Mar-14 Equity and Liabilities: SHAREHOLDER'S FUNDS Share Capital 79.93 79.93 Reserves & Surplus 0.57 (22.43) 80.50 57.50 NON-CURRENT LIABILITIES Long Term Borrowings 83.49 110.55 Deferred Tax Liabilities (Net) 19.59 3.40 Other Long Term Liabilities - - Long Term Provisions 2.24 1.35 105.31 115.30 CURRENT LIABILITIES Short Term Borrowings 38.68 40.66 Trade Payables 131.18 145.34 Other Current Liabilities 110.11 130.73 Short Term Provisions 1.86 1.75 281.83 318.48 TOTAL 467.64 491.28 ASSETS NON-CURRENT ASSETS Fixed Assets 335.35 359.41 Long Term Loans and Advances 36.14 35.06 Other non-current assets 7.31 7.16 378.80 401.63 CURRENT ASSETS Inventories 12.81 15.48 Trade Receivables 11.01 27.18 Cash and Cash Equivalent 21.68 4.67 Short Term Loans and Advances 23.40 22.73 Other Current Assets 19.95 19.59 88.84 89.65 TOTAL 467.64 491.28 Source: Company Add Value By Smart Investing 6 | P a g e GLOBAL VECTRA HELICORP LTD Financial Highlights: The company is back to positive net worth after a period of 5 years The Debt levels have reduced drastically to approximately `115cr Posted good set of numbers for FY15, EBIDTA of `84cr vs. `59cr and Net profit of `23cr viz a viz `5.5cr FY14 revenues were stringer due to the election, during FY15 the same revenues were achieved, indicating optimum utilization of fleet. GVHL is the only crew logistics company in the listed space catering to the offshore oil and gas exploration companies having fantastic track record of over 200,000 flying hours till March 2015. GVHL has the largest fleet in the industry in the private sector and the youngest fleet of helicopters. GVHL is the largest helicopter service provider for the pilgrimage travel in the private sector in India with four sectors viz: Amarnath, Vaishnodevi, Chardham and Kedarnath.
Load more

Recommended publications
  • Chapter 3 1 2
    Cover Page The handle http://hdl.handle.net/1887/44409 holds various files of this Leiden University dissertation Author: George, Moses Title: Legal implications of airport privatization in India Issue Date: 2016-11-24 Chapter 3.1.2 Chapter 3 Topic I: Monopoly and Privatization Research Paper 3 Public Monopoly to Private Monopoly - A Case Study of Greenfield Airport Privatization in India – Part II Published in Issues in Air Law and Policy, Volume 9, Spring 2010, No 2 55 Chapter 3.1.2 Public Monopoly to Private Monopoly – A Case Study of Greenfield Airport Privatization in India – Part II by Moses George Introduction The first two privatization ventures in the airport infrastructure sector in India were greenfield airports in Bangalore and Hyderabad. Consequent to the opening of these new airports, the existing airports in these cities (HAL Airport in Bangalore, Begumpet Airport in Hyderabad) were closed in accordance with conditions set forth in the concession agreements between the Government of India (GoI) and the new airport operators. In this context, this article examines various legal and commercial issues related to closing of the old airports in Bangalore and Hyderabad and the monopoly created thereby. This article consists of two parts. Part I, which discussed issues related to the legal and policy framework, the concession agreements, the Airports Authority of India Act 1994,1 and the notification regarding closure of the old airports, appeared in the previous issue of this journal.2 Part II deals with issues related to other aviation laws, the Constitution of India, competition law, the public interest, and other factors.
    [Show full text]
  • Global Vectra AR-2011.P65
    BOARD OF DIRECTORS Lt.Gen.(Retd.) SJS Saighal (Chairman) Mr. Ravinder Kumar Rishi (Non-Executive Director) Mr. P. Raj Kumar Menon (Whole-time Director) Mr. R.S.S.L.N. Bhaskarudu (Independent Director) Dr. Gautam Sen (Independent Director) Maj.Gen.(Retd.) Gurdial Singh Hundal (Independent Director) Dr. Chandrathil Gouri Krishnadas Nair (Independent Director) COMPANY SECRETARY Mr.Raakesh D.Soni AUDITORS B S R & Co. Chartered Accountants BANKERS The Royal Bank of Scotland N.V. Axis Bank Limited Standard Chartered Bank HDFC Bank Limited REGISTERED OFFICE A-54, Kailash Colony, New Delhi – 110 048 Tel. No.:-91-11-2923 5035 Fax No.:-91-11-2923 5033 CORPORATE OFFICE CONTENTS Hanger No. C-He / Hf, Airports Authority of India, Notice 01 Civil Aerodrome, Juhu, Directors’ Report 04 Mumbai – 400 054 Tel. No.:-91-22-6140 9200 Management Discussion 06 Fax No.:-91-22-6140 9253 and Analysis Report REGISTRAR & TRANSFER AGENTS Report on Corporate Governance 09 Report of the Auditors 17 Link Intime India Private Limited C-13, Pannalal Silk Mills Compound, Balance Sheet 20 L.B.S. Marg, Bhandup (W), Mumbai – 400 078 Profit and Loss Account 21 Tel No.:-91-22-2596 3838 Cash Flow Statement 22 Accounting Policies 24 Schedules Forming Parts of the Accounts 27 Balance Sheet Abstract and Company’s 44 General Business Profile 111333th Annual Report 2010-2011 Global Vectra Helicorp Limited NOTICE notwithstanding the fact that such remuneration is in excess of the statutory ceiling specified in this regard The Thirteen ANNUAL GENERAL MEETING of the Global as in force and amended from time to time and Vectra Helicorp Limited will be held on the Friday, 23rd day necessary approval of the Central Government will be of September, 2011 at 1.30 p.
    [Show full text]
  • We Are There Foryou '
    wmv?"-- - -" r . On TimemmEachTime..Any Time.. We are there foryou '. , " . ~ I,, . ,. BOARD OF DIRECTORS Lt.Gen.(Retd.) SJS Saighal (Chairman) Mr. P. Raj Kumar Menon (Whole-time Director) Dr. Gautam Sen (Independent Director) Maj.Gen.(Retd.) Gurdial Singh Hundal (Independent Director) Dr. Chandrathil Gouri Krishnadas Nair (Independent Director) COMPANY SECRETARY Mr.Raakesh D.Soni AUDITORS B S R & Co. Chartered Accountants BANKERS The Royal Bank of Scotland N.V. REGISTERED OFFICE A-54, Kailash Colony, New Delhi – 110 048 Tel. No.:-91-11-2923 5035 Fax No.:-91-11-2923 5033 CORPORATE OFFICE Hanger No.- C-He / Hf, Airports Authority of India, Civil Aerodrome, Juhu, Mumbai – 400 054 Tel. No.:-91-22-6140 9200 Fax No.:-91-22-6140 9253 CONTENTS REGISTRAR & TRANSFER AGENTS Notice 01 Link Intime India Private Limited Directors’ Report 05 C-13, Pannalal Silk Mills Compound, L.B.S. Marg, Bhandup (W), Mumbai – 400 078 Management Discussion 07 Tel No.:-91-22-2596 3838 and Analysis Report Report on Corporate Governance 11 Report of the Auditors 18 Balance Sheet 22 Statement of Profit and Loss 23 Cash Flow Statement 24 Accounting Policies 26 Notes to Financial Statement 30 GLOBAL VECTRA HELICORP LIMITED NOTICE “RESOLVED FURTHER THAT Lt. Gen. (Retd.) SJS Saighal also be entitled for the reimbursement of actual The Fifteenth ANNUAL GENERAL MEETING of the Global entertainment, traveling, boarding and lodging expenses Vectra Helicorp Limited will be held on the Friday, 27th day of incurred by him in connection with the Company’s business September, 2013 at 1.30 p. m. at ISKON Temple, Complex and such other benefits/amenities and other privileges, as Hare Krishna Hill, Sant Nagar Main Road, East of Kailash, any from time to time be available to other Senior Executives New Delhi – 110 065, India, to transact the following business: of the Company.” ORDINARY BUSINESS: “RESOLVED FURTHER THAT the Board be and is hereby 1.
    [Show full text]
  • List of DGCA Approved Maintenance Organizations (Domestic)
    List of DGCA Approved Maintenance Organizations (Domestic) Bangalore Region S. No. Organization Name and Address Standalone AMOs/MROs 1. Hindustan Aeronautics Limited Engine Division, C V Raman Nagar, Bengaluru ‐ 560093 2. Airworks India Engg. Pvt. Ltd. Commercial MRO Hangar, Thally Road, Belgondapalli, Hosur, Tamil Nadu ‐ 635 114 3. Varman Aviation Pvt. Ltd. Aviation Complex 16‐17, Road No. 7, EPIP, White Field, Bengaluru ‐ 560066 4. Tentacles Aerologisticstix Pvt. Ltd. Level 2, Indradhanush, #15, Gubbi Cross, Kothannur, Hennur‐Bagalur Main Road Bangalore‐560 077 5. M/s Helicopter MRO Division. Hindustan Aeronautics Limited, Vimanapura Post Bag No. 1796, Bangalore‐ 560017 6. L‐3 Communications India Pvt Ltd. Block No. 1, Laurel, Bagmane Tech Park C.V. Ramannagar, Byrasundra, Bangalore ‐ 560093 7. Cochin International Aviation Services Limited (CIASL) Cochin International Airport, Kochi Airport P.O., Cochin ‐ 683111 Operators & AMOs/MROs 8. Deccan Charters Pvt Ltd. Jakkur Airport, Bellary Road, Bengaluru, Karnataka ‐ 560064 9. Hindustan Aeronautics Limited Helicopter Division, P.B. No. 1790, Bengaluru, Pin Code ‐ 560017 10. Taneja Aerospace & Aviation Ltd. Belagondapalli, Hosur Tamil Nadu ‐ 635114 11. Ghodawat Enterprises Pvt Ltd (M/s Star Air) 2nd Floor, Block no. 03, Sindhu Logistic Park, No ‐ 34, Nellakunte, Bettahalsuru Hunsemaranhalli (P), Bengaluru ‐ 562 127 12. Air Asia India Ltd. Engineering And Line Office, 1st Floor, Airside Building Bangalore International Airport, Bengaluru – 560 300 13. CSIR National Aerospace Laboratories C‐MMACS Campus, Belur, Bangalore 560037 14. Government Flying and Training School Jakkur, Bangalore ‐ 560064 Page 1 of 8 Chennai Region S. No. Organization Name and Address Standalone AMOs/MROs 15. Vertical Aerospace Abdul Kalam Street, Nagalkeni, Chrompet, Chennai ‐ 600044 16.
    [Show full text]
  • Annual Report Annual Report 201 -209 20
    GLOBAL VECTRA HELICORP LIMITED SAFE, EFFICIENT, RELIABLE ANNUAL REPORT 20192-20 0 1 GLOBAL VECTRA HELICORP LIMITED BOARD OF DIRECTORS Lt. Gen. SJS Saighal (Retd.) (Chairman) Ms. Rati Rishi (Non-Executive Director) Dr. Gautam Sen (Independent Director) Maj. Gen. Gurdial Singh Hundal (Retd.) (Independent Director) Dr. Chandrathil Gouri Krishnadas Nair (Independent Director) COMPANY SECRETARY Mr. Raakesh D. Soni AUDITORS Kalyaniwalla & Mistry LLP Chartered Accountants BANKERS IndusInd Bank Limited Standard Chartered Bank REGISTERED OFFICE A-54, Kailash Colony, New Delhi – 110 048 Tel. No.:-91-11-2923 1901 Fax No.:-91-11-2923 1901 CONTENTS CORPORATE OFFICE Hangar No.- C-He / Hf, Notice 1 Airports Authority of India, Directors’ Report 10 Civil Aerodrome, Juhu, Management Discussion and Analysis Report 15 Mumbai – 400 056 Tel. No.:-91-22-6140 9200 Report on Corporate Governance 33 Fax No.:-91-22-6140 9253 Independent Auditors’ Report 41 REGISTRAR & TRANSFER AGENTS Balance Sheet 50 Link Intime India Private Limited Profit and Loss Account 51 C -101, 247 Park, L.B.S Marg, Vikhroli (West), Cash Flow Statement 53 Mumbai – 400 083 Notes to the Financial Statements 55 Tel No.: - +91 – 022 – 4918 6000 2 GLOBAL VECTRA HELICORP LIMITED NOTICE incurred by him in connection with the Company’s business The Twenty Second ANNUAL GENERAL MEETING of the and such other benefits/amenities and other privileges, Global Vectra Helicorp Limited will be held on the Tuesday, 29th as any from time to time be available to other Senior day of December, 2020 at 1.30 P.M.
    [Show full text]
  • 11Th Annual Report 2008-2009
    11th Annual Report 2008-2009 www.reportjunction.com BOARD OF DIRECTORS Lt. Gen.(Retd.) SJS Saighal (Chairman) Mr. Ravinder Kumar Rishi (Non-Executive Director) Mr. P. Raj Kumar Menon (Whole-time Director) Captain Dhirendra Kumar Chand (Whole-time Director) Mr. R.S.S.L.N. Bhaskarudu (Independent Director) Dr. Gautam Sen (Independent Director) Maj. Gen.(Retd.) Gurdial Singh Hundal (Independent Director) Dr. Chandrathil Gouri Krishnadas Nair (Independent Director) COMPANY SECRETARY Mr. Raakesh D. Soni AUDITORS B S R & Co. Chartered Accountants BANKERS ABN Amro Bank N.V. Axis Bank Limited Standard Chartered Bank HDFC Bank Limited REGISTERED OFFICE A-54, Kailash Colony, New Delhi – 110 048 Tel. No.:-91-11-2923 5035 Fax No.:-91-11-2923 5033 CORPORATE OFFICE Hanger No. C – He / Hf, CONTENTS Airports Authority of India, Civil Aerodrome, Juhu, Directors’ Report 01 Mumbai – 400 054 Tel. No.:-91-22-61409200 Management Discussion 03 Fax No.:-91-22-61409253 and Analysis Report REGISTRAR & TRANSFER AGENTS Report on Corporate Governance 07 Intime Spectrum Registry Limited Report of the Auditors 15 C-13, Pannalal Silk Mills Compound, Balance Sheet 18 L.B.S. Marg, Bhandup (W), Mumbai – 400 078 Tel No.:-91-22-2596 3838 Profit and Loss Account 19 Cash Flow Statement 20 Accounting Policies 22 Schedules Forming Parts of the Accounts 26 Balance Sheet Abstract and Company’s 43 General Business Profile Notice 44 www.reportjunction.com 11th Annual Report 2008-2009 Global Vectra Helicorp Limited DIRECTORS’ REPORT The Directors take pleasure in presenting the Eleventh Annual Report of the Company and audited accounts of the Company for the year ended 31st March, 2009.
    [Show full text]
  • D:\Dtp06 Back Up\Devendra New 0
    8.15" x 10.75” Giving wings to Nation Corporate & VVIP Flights Geophysical Survey Tourism Emergency Services Underslung Operations Aerial Photography 12th Annual Report 2009-2010 www.globalhelicorp.com BOARD OF DIRECTORS Lt.Gen.(Retd.) SJS Saighal (Chairman) Mr. Ravinder Kumar Rishi (Non-Executive Director) Mr. P. Raj Kumar Menon (Whole-time Director) Mr. R.S.S.L.N. Bhaskarudu (Independent Director) Dr. Gautam Sen (Independent Director) Maj.Gen.(Retd.) Gurdial Singh Hundal (Independent Director) Dr. Chandrathil Gouri Krishnadas Nair (Independent Director) COMPANY SECRETARY Mr. Raakesh D. Soni AUDITORS B S R & Co. Chartered Accountants BANKERS The Royal Bank of Scotland N.V. Axis Bank Limited Standard Chartered Bank HDFC Bank Limited REGISTERED OFFICE A-54, Kailash Colony, New Delhi – 110 048 Tel. No.:-91-11-2923 5035 Fax No.:-91-11-2923 5033 CORPORATE OFFICE Hanger No. C-He / Hf, Airports Authority of India, Civil Aerodrome, Juhu, CONTENTS Mumbai – 400 054 Tel. No.:-91-22-6140 9200 Fax No.:-91-22-6140 9253 Notice 01 REGISTRAR & TRANSFER AGENTS Directors’ Report 07 Management Discussion 09 Link Intime India Private Limited C-13, Pannalal Silk Mills Compound, and Analysis Report L.B.S. Marg, Bhandup (W), Mumbai – 400 078 Report on Corporate Governance 11 Tel No.:-91-22-2596 3838 Report of the Auditors 19 Balance Sheet 22 Profit and Loss Account 23 Cash Flow Statement 24 Accounting Policies 26 Schedules Forming Parts of the Accounts 29 Balance Sheet Abstract and Company’s 48 General Business Profile 12th Annual Report 2009-2010 Global Vectra Helicorp Limited NOTICE privileges, as any from time to time be available to other The Twelve ANNUAL GENERAL MEETING of the Global Vectra Senior Executives of the company.” th Helicorp Limited will be held on the Thursday, 16 day of “RESOLVED FURTHER THAT the Board be and is hereby September, 2010 at 2.30 p.
    [Show full text]
  • Country Profile India
    COUNTRY PROFILE INDIA 1 2 18 19 20 21 22 23 DELHI 11 12 KOLKATA 3 4 AHMEDABAD 13 14 15 16 17 MUMBAI 10 HYDERABAD 5 6 7 HAL BANGALORE INT'L | JAKKUR AEROME CHENNAI INT'L 8 9 Airport FBO MRO 1 MJets Indamer 11 Atherton Engineering 21 Indocopters 2 Bird ExecuJet 12 Taj Air 22 Oss Air Mgt. 3 Airworks 13 Airworks 23 Taj Air 4 Indamer Aviation 14 Global Vectra Helicorp 5 Airworks 15 Indamer Aviation 6 Airworks 16 Indamer Aviation 7 Deccan Charters 17 Taj Air 8 Airworks 18 Airworks 9 Taj Air 19 ExecuJet 10 Indamer Aviation 20 Indamer Aviation COUNTRY PROFILE: INDIA ith the third largest fleet of business jets (139) in the Asia FLEET GROWTH Pacific region, India represents a fast-growing market, W consistent with its fast-growing economy. Playing a Business Jets critical role in connectivity within the country, general and business Civil Turbine Helicopters aviation are still facing the challenge of being viewed as a luxury commodity, rather than an economy-boosting industry. 286 283 +2% While educating the government on the benefits of business aviation, 281 0% the Indian business aviation industry continues to contend with 141 insufficient infrastructure; problematic when attempting to develop -1% 140 -1% 139 the industry. As domestic passenger traffic in India continuously increases — with the emergence of low-fare airlines along with the country’s economic growth — the issue of infrastructure has moved to the forefront. 2014 2015 2016 India is home to several airports, regional and international. Among the busiest are Chhatrapati Shivaji International Airport serving Mumbai, Kempegowda International Airport, Bengaluru serving Bangalore, Rajiv Gandhi Hyderabad International Airport serving NUMBER OF HANGARS* Hyderabad, Indira Gandhi International Airport serving Delhi and Chennai International Airport.
    [Show full text]
  • Rotary: an Essential Cog for RCS
    Rotary: An Essential Cog For RCS Presented to: Shri P. Ashok Gajapathi Raju November Hon'ble Minister of Civil Aviation Shri Jayant Sinha 2017 MoS Civil Aviation TITLE Rotary: An Essential Cog for RCS YEAR 2017 AUTHOR AUCTUS ADVISORS COPYRIGHT No part of this publication may be reproduced in any form by photo, photo print, microfilm or any other means without the written permission of AUCTUS ADVISORS Pvt. Ltd. This report is the publication of AUCTUS ADVISORS Private Limited (“AUCTUS ADVISORS”) and so AUCTUS ADVISORS has editorial control over the content, including opinions, advice, statements, services, offers etc. that is represented in this report. However, AUCTUS ADVISORS will not be liable for any loss or damage caused by the reader’s reliance on information obtained through this report. This report may contain third-party contents and third-party resources. AUCTUS ADVISORS takes no responsibility for third part content, advertisements or third-party applications that are printed on or through this report, nor does it take any responsibility for the goods or services provided by its advertisers or for any error, omission, deletion, defect, theft or destruction or unauthorized access to, or alteration of, any user communication. Further, AUCTUS ADVISORS does not assume any responsibility or liability for any loss or damage, including personal injury or death, resulting from use of this report or from any content for communications or materials available on this report. The contents are provided for your reference only. The reader/ buyer understands that except for the information, products and services clearly identified as being supplied by AUCTUS ADVISORS, it does not operate, control or endorse any information, products, or services appearing in the report in any way.
    [Show full text]
  • Global Vectra Helicorp Limited (Our Company Was Originally Incorporated As Azal India Private Limited on April 13, 1998
    C M Y K RED HERRING PROSPECTUS Dated September 21, 2006 Please read section 60B of the Companies Act, 1956 (The Red Herring Prospectus will be updated upon filing with the ROC) 100% Book Built Issue Global Vectra Helicorp Limited (Our Company was originally incorporated as Azal India Private Limited on April 13, 1998. We subsequently changed the name of our Company to Global Helicorp Private Limited pursuant to a special resolution of the shareholders passed at an extraordinary general meeting on May 23, 2003. This name was subsequently changed to Global Vectra Helicorp Private Limited pursuant to a special resolution of the shareholders passed at an extraordinary general meeting on August 26, 2004. The name was changed to Global Vectra Helicorp Limited and the fresh certificate of incorporation consequent on change of name was granted to our Company on October 10, 2005 by the Registrar of Companies, N.C.T. of Delhi and Haryana at New Delhi. See “History and Corporate Structure” on page 56 of this Red Herring Prospectus for further details) Registered Office: A-54, Kailash Colony, New Delhi 110 048 Corporate Office: 202, Krishna Kunj, V. L. Mehta Marg, JVPD Scheme, Mumbai 400 056 Tel: (91 22) 2618 6155; Fax: (91 22) 2617 6501 Email: [email protected]; Website: http://www. globalhelicorp.com (Our registered office was shifted from 84-E, C-6 Lane (Off Central Avenue) Sainik Farms, New Delhi 110 062 to the current address by a resolution of our Board dated January 4, 2005.) Company Secretary: Navin Chowdhary and Compliance Officer: Vikram D.
    [Show full text]
  • Annual Report Annual Report 201 -2017 8
    GLOBAL VECTRA HELICORP LIMITED SAFE, EFFICIENT, RELIABLE ANNUAL REPORT 20178-201 1 GLOBAL VECTRA HELICORP LIMITED BOARD OF DIRECTORS Lt.Gen.(Retd.) SJS Saighal (Chairman) Ms. Rati Rishi (Non-Executive Director) Dr. Gautam Sen (Independent Director) Maj.Gen.(Retd.) Gurdial Singh Hundal (Independent Director) Dr. Chandrathil Gouri Krishnadas Nair (Independent Director) COMPANY SECRETARY Mr. Raakesh D. Soni AUDITORS Kalyaniwalla & Mistry LLP Chartered Accountants BANKER IndusInd Bank Limited REGISTERED OFFICE A-54, Kailash Colony, CONTENTS New Delhi – 110 048 Tel. No.:-91-11-2923 5035 Notice 1 Fax No.:-91-11-2923 5033 Directors’ Report 7 Management Discussion and Analysis Report 12 CORPORATE OFFICE Hangar No.- C-He / Hf, Report on Corporate Governance 25 Airports Authority of India, Civil Aerodrome, Juhu, Independent Auditors’ Report 33 Mumbai – 400 056 Balance Sheet 38 Tel. No.:-91-22-6140 9200 Fax No.:-91-22-6140 9253 Profit and Loss Account 39 Cash Flow Statement 41 REGISTRAR & TRANSFER AGENTS Link Intime India Private Limited Notes to the Financial Statements 43 C-101, 247 Park, L.B.S. Marg, Vikhroli (W), Mumbai – 400 083 Tel No.:-91-22-4918 6000 2 GLOBAL VECTRA HELICORP LIMITED NOTICE 5. To consider and if thought fit, to pass, with or without The Twentieth ANNUAL GENERAL MEETING of the modifications, the following resolution as a Special Global Vectra Helicorp Limited will be held on the Friday, Resolution: 28th day of September, 2018 at 11.30 A.M. at ISKON Temple, “RESOLVED THAT pursuant to the provisions of the Complex Hare Krishna Hill, Sant Nagar Main Road, East of Section 196, 197, 203 and any other applicable provisions Kailash, New Delhi – 110 065, India, to transact the following of the Companies Act, 2013 and the rules made thereunder business: (including any statutory modification (s) or re-enactment ORDINARY BUSINESS: thereof for the time being in force ), read with Schedule V to the Companies Act, 2013 and subject to approval of the To receive, consider and adopt the Audited Profit and 1.
    [Show full text]
  • Avalon Pandemic Test Designed to Assess the Impact of COVID-19 on India Inc
    India Inc. and COVID 19 – What will be the Impact? An Analytical Insight 08th April 2020 Submitted to: Executive Summary.....1 We have used 3 dimensions – Cash Resilience, Profitability and Sector Impact to form the Avalon Pandemic Test designed to assess the impact of COVID-19 on India Inc. (sample of ~1500 01 companies) basis trailing twelve-month financials (Q4 FY19-Q3 FY20) ~70% of the companies have <1Q of cash to cover their Fixed expenses. However, many of these companies have low D/E and high Interest Cover and can raise capital. Thus, ~50% of India Inc 02 has the Cash Resilience to weather the impact of COVID-19 ~20% of companies have high profitability defined as EBIDTA > 15% and ROCE > 18% 03 Thus, as we get into the battle with COVID-19, ~43% (~670 companies) of India Inc. is highly stressed in terms of low Cash Resilience and Profitability. Only 16% (~270 companies) are strong on both counts 04 We see COVID-19 have a ravaging impact on revenue across sectors - ranging from <25% dip from some sectors like FMCG, IT/ITES, Pharmaceuticals, Energy & Gas (Low Impact Sectors) to a >50% dip for other 05 sectors like Aviation and Tourism, Auto, Capital Goods, Real Estate etc. (High Impact Sectors) 2 Confidential. © AVALON CONSULTING Executive Summary ......2 Most of the companies in the High and Medium Impact Sectors (~950 companies, ~60% of the 06 sample) are stressed in terms of Cash Resilience and/or Profitability. Only ~100 companies (7% of the sample) with Low sector impact will also have the financial wherewithal to withstand the stress of COVID-19.
    [Show full text]