Fly-Hi Maritime Travels Limited coordinates 24/7 crew travel

Fly-Hi Maritime Travels Limited coordinates end-to-end, 24/7 crew-travel operations for commercial shipping companies, taking seafarers from their home countries to vessel boarding ports. The service combines tickets, visas, ground travel, hotels, disruption response and boarding confirmation; Fly Hi reported Rs 62.0363 crore of revenue from operations for the year ended March 31, 2026.

How does Fly Hi coordinate end-to-end, 24/7 crew travel operations?

Fly Hi manages a crew member’s route from the home country through to the desired port of boarding, rather than selling a single travel product. For commercial shipping companies, the work includes airline tickets, ground transport, hotel stays and visa applications, with support until the crew member reaches the port. The company was incorporated on September 29, 2021 and converted from a private company to a public limited company on December 8, 2025.

The operating model is shaped by vessel schedules, compliance requirements and the need for crews to arrive within specified joining windows. A delayed or incorrectly documented traveller can affect vessel operations, so Fly Hi says it plans routes around boarding certainty rather than simply issuing an itinerary. Its customers are commercial shipping companies from more than six countries, while crew members may have mixed nationalities and require separately tailored itineraries.

What services does Fly Hi provide before a seafarer boards a vessel?

Fly Hi provides global crew ticketing, route planning, and visa and immigration coordination before a seafarer reaches a vessel. Ticketing includes international and regional travel, including multi-leg itineraries planned around vessel schedules and joining windows. Revenue from operations mainly consists of sales of services involving tickets, hotels and visas, accounting for Rs 62.0363 crore of the company’s Rs 62.2134 crore total income for the year ended March 31, 2026.

Route planning uses airline reliability, transit-visa rules and buffer timings as stated inputs, so an itinerary must account for transport connections and permission to transit through jurisdictions. Visa and immigration coordination involves seafarers of multiple nationalities and is intended to align travel documentation with the vessel’s port boarding time. The model therefore depends on airline schedules, visa requirements and the shipping customer’s required joining date remaining aligned.

How does Fly Hi handle changes and confirm vessel boarding?

Fly Hi monitors travel arrangements in real time and can reroute a traveller or change tickets when disruption requires it. The company states that it provides 24/7 handling for crew replacements, medical requirements and last-minute changes. This support is relevant when a flight disruption or changed crew assignment requires a revised route before a vessel’s stated boarding window closes.

The final operating steps are OK-to-board coordination, boarding confirmation and journey closure. OK to board is administrative clearance for a seafarer to travel and board a vessel, coordinated with the customer’s operations team and port agents. Fly Hi then checks in real time that the crew member boarded the intended vessel and formally closes the operational travel route, making vessel boarding rather than ticket issuance the stated endpoint.

What distinguishes Fly Hi from a conventional travel agency?

Fly Hi’s disclosed model is specialised crew-movement coordination for commercial shipping rather than general leisure or corporate travel booking. Its service is organised around the defined operational endpoint of vessel boarding and combines multiple suppliers and administrative steps in one workflow. Promoter and Managing Director Jitendra Kumar Negi has more than 14 years of commercial-shipping-industry experience, while Whole-Time Director and Promoter Mridul Dilip Singhvi has more than 21 years of experience in business expansion, operations and strategic partnerships.

The distinction also appears in the risks identified by Fly Hi. The company lists loss of key customers or suppliers, technology disruption or failure, inability to collect receivables, foreign-exchange changes, and customer-contract termination with little or no notice as factors that may affect results. The model depends on continued coordination among customers, airlines, port agents and seafarers, as well as the company’s ability to obtain, maintain and renew required statutory and regulatory approvals.

How has Fly Hi’s crew-travel model translated into financial results?

Fly Hi’s revenue and reported margins increased between the years ended March 31, 2024 and March 31, 2026, while operating cash flow was negative in two of the three reported years. Revenue from operations rose from Rs 45.0805 crore for the year ended March 31, 2024 to Rs 45.395 crore for the year ended March 31, 2025 and Rs 62.0363 crore for the year ended March 31, 2026. Earnings before interest, tax, depreciation and amortisation, or EBITDA, is calculated by Fly Hi as profit plus tax, interest and depreciation and amortisation, less other income.

Cost of services represented 62.99% of revenue from operations for the year ended March 31, 2026, compared with 72.78% for the year ended March 31, 2025 and 76.89% for the year ended March 31, 2024. Over the same periods, EBITDA margin rose to 20.14% from 11.60% and 5.94%, while profit-after-tax margin reached 13.58% from 7.59% and 4.04%. Operating cash flow was negative Rs 98.20 lakh for the year ended March 31, 2026, compared with positive Rs 92.09 lakh for the year ended March 31, 2025 and negative Rs 91.70 lakh for the year ended March 31, 2024, making collections and working-capital execution relevant to the reported earnings trend.

Conclusion

Fly Hi’s business model is a specialised operational service that connects ticketing, immigration coordination, ground travel, real-time disruption handling and boarding confirmation for seafarers travelling to commercial vessels. Revenue from operations rose by Rs 16.9558 crore between the years ended March 31, 2025 and March 31, 2026, while profit after tax increased by Rs 4.9824 crore over the same period as cost of services became a smaller share of revenue.

The disclosed item to watch is Fly Hi’s software intangible asset under development, valued at Rs 3.49 crore as of March 31, 2026; the company does not state a deployment timetable or expected operating effect. Results will also depend on the risks the company identifies, including retaining key customers and suppliers, managing technology systems, collecting receivables and maintaining regulatory permissions.