BFC Chits Private Limited - financial services in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
CIN U65991TN1994PTC027544 Incorporated 13 May 1994 ROC Chennai HQ Chennai, Tamil Nadu, India
Active Private Limited Company financial services
Data last updated
Revenue · FY 2024
₹80.14 Lakh
▼ 7% YoY
Net profit · FY 2024
₹3.53 Lakh
Net margin 4.4%
EBITDA · FY 2024
₹6.08 Lakh
EBITDA margin 7.6%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Company age
32 yrs
Est. 1994
Directors on board
6
As per MCA filings
Active GSTINs
1
GST registered

About BFC Chits Private Limited

Data last updated:

BFC Chits Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 13 May 1994 and has been in existence for over 32 years.

The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U65991TN1994PTC027544. Its GSTIN is 33AAACB1961G1Z4 (Tamil Nadu).

The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Balasubramaniam Kundam and Durgi Varalakshmi Prabha.

Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 21 Kasi Chetty St Madras – 1 Tamilnadu, Chennai, Tamil Nadu, India – 600001.

As per the financials filed for FY 2024, the company reported a revenue of ₹80.14 Lakh, a decline of 7% compared to the previous year. For the same year it recorded a net profit of ₹3.53 Lakh (net margin 4.4%) and EBITDA of ₹6.08 Lakh (EBITDA margin 7.6%). Revenue has declined at a compounded annual rate (CAGR) of 5% over three years and 1% over five years.

Court records list 8 cases involving the company, including 5 filed by the company and 3 filed against it.

The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U65991TN1994PTC027544
Registration Number 027544
Incorporation Date 13 May 1994
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant

Contact details

BFC Chits Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    21 Kasi Chetty St Madras – 1 Tamilnadu, Chennai, Tamil Nadu, India – 600001
  • Industry
    Financial Services, Financial Activities

To see the full contact details of BFC Chits Private Limited, buy the company report.

Comprehensive company report
BFC Chits Private Limited - one report that includes everything
  • Company details, directors and signatories
  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
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Business activity

The main business activity of BFC Chits is financial and insurance service. In detail, this covers other financial activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
KFinancial and insurance ServiceK8Other financial activities

To see the full business activity and turnover split of BFC Chits Private Limited, buy the company report.

Financials of BFC Chits Private Limited

FY 2025 filings available

BFC Chits Private Limited reported revenue of ₹80.14 Lakh (down 7% YoY) for FY 2024.

Revenue · FY 2024
₹80.14 Lakh ▼ 7%
Net profit · FY 2024
₹3.53 Lakh margin 4.4%
EBITDA · FY 2024
₹6.08 Lakh margin 7.6%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 7%
3 years · compounded
▲ 5%
5 years · compounded
▼ 1%
EBITDA CAGR growth
1 year
▲ 29%
3 years · compounded
▼ 13%
5 years · compounded
▼ 1%

Revenue has declined at a compounded annual rate (CAGR) of 1% over five years, including a 7% fall in the latest year. EBITDA rose 29% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹6.08 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹3.53 Lakh
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin7.6%
Net Profit Margin4.4%
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

To see the full financial statements and ratios of BFC Chits Private Limited, buy the company report.

Board of directors of BFC Chits Private Limited

BFC Chits has 6 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Balasubramaniam KundamDirector01 Nov 199531 Years 0 MonthsCurrent
Durgi Varalakshmi PrabhaDirector01 Sep 20206 Years 2 MonthsCurrent
PrakashDirector01 Sep 20206 Years 2 MonthsCurrent
Addharalli TrilochanDirector01 Apr 201016 Years 7 MonthsCurrent
Mani KalangiDirector01 Apr 201016 Years 7 MonthsCurrent
Harigopal MadhalamDirector13 May 199432 Years 5 MonthsCurrent

Peer comparison

BFC Chits Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other financial activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Priti Marketing Private Limited₹80.28 Lakh (FY 2025)2.0%New Delhi, Delhi, India
Mahija Chit Fund (Hyderabad) Private Limited₹80.28 Lakh (FY 2025)48.0%Hyderabad, Telangana, India
Mangal Tea Marketing Ltd₹80.21 Lakh (FY 2025)-65.0%Kolkata, West Bengal, India
Pon Vasantham Nidhi Limited₹80.17 Lakh (FY 2025)11.0%Nagercoil, Tamil Nadu, India
Itl Finlease and Securities Limited₹80.14 Lakh (FY 2020)2.0%Delhi, India
BFC Chits Private Limitedthis company₹80.14 Lakh (FY 2024)₹3.53 Lakh4.4%-7.0%Chennai, Tamil Nadu, India
Ronak Vyapaar Pvt.Ltd.₹80.13 Lakh (FY 2025)96.0%Kolkata, West Bengal, India
Blufin Consulting Private Limited₹80.11 Lakh (FY 2025)301.0%Mumbai, Maharashtra, India
Janani Sahayasangam Nidhi Limited₹80.11 Lakh (FY 2024)30.0%Thrissur, Kerala, India
Kush Fincon Services Private Limited₹80.09 Lakh (FY 2025)17.0%Ahmedabad, Gujarat, India
Apc Finance (India) Private Limited₹80.08 Lakh (FY 2025)13.0%Chennai, Tamil Nadu, India

To see the full peer comparison of BFC Chits Private Limited, buy the company report.

Auditor

BFC Chits Private Limited is audited by VPSN & ASSOCIATES for the financial year 2017.

Auditor firmFinancial yearFirm registration number
VPSN & ASSOCIATESFY 2017012455S

Shareholding

The shareholding of BFC Chits Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2017FY 2016FY 2015
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of BFC Chits Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for BFC Chits Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

BFC Chits has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
33AAACB1961G1Z4Tamil NaduActive01 Jul 2017

To see the full GST registrations and return filing status of BFC Chits Private Limited, buy the company report.

Recent activity

BFC Chits Private Limited has 16 board changes on record since 1994: 7 appointments and 9 cessations. The latest: Durgi Varalakshmi Prabha ceased to be Additional Director on 31 Dec 2020.

AGM
Bfc Chits Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Bfc Chits Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chennai.
Ceased
Durgi Varalakshmi Prabha ceased to be Additional Director.
Ceased
Prakash ceased to be Additional Director.
Appointed
Durgi Varalakshmi Prabha was appointed as Director.
Appointed
Prakash was appointed as Director.
Ceased
Gunupati Gupta Gopal ceased to be Director.
Ceased
Gopalgupta Gunupati ceased to be Director.
Ceased
Achutha Chetty Durgi ceased to be Additional Director.
Ceased
Hymavathi Durgi ceased to be Director.
Ceased
Ramachandran Addepalli ceased to be Director.
Appointed
Jaganmohan Addepalli was appointed as Director.

7 earlier events are in the company report.

Frequently asked questions

BFC Chits is an active private limited company based in Chennai, Tamil Nadu, India. The company works in financial activities, within the financial services industry. It was incorporated on 13 May 1994 (32+ years old) and is registered under CIN U65991TN1994PTC027544.

BFC Chits has 6 current directors:

The latest financial statements of BFC Chits on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of BFC Chits is 33AAACB1961G1Z4, registered in Tamil Nadu.

The CIN (Corporate Identification Number) of BFC Chits is U65991TN1994PTC027544. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

BFC Chits has 8 court cases on record: 5 filed by the company and 3 filed against it. Most are in the district courts.

BFC Chits was incorporated on 13 May 1994, making it 32+ years old. It is registered with the Registrar of Companies, Chennai.

The peers of BFC Chits by revenue are Priti Marketing Private Limited, Mahija Chit Fund (Hyderabad) Private Limited, Mangal Tea Marketing Ltd, Pon Vasantham Nidhi Limited, Itl Finlease and Securities Limited and 5 more, all in the same principal business activity (other financial activities).

Durgi Varalakshmi Prabha ceased to be Additional Director on 31 Dec 2020. Prakash ceased to be Additional Director on 31 Dec 2020. Durgi Varalakshmi Prabha was appointed as Director on 01 Sep 2020. BFC Chits has 16 board changes on record in total.

The registered office of BFC Chits is at 21 Kasi Chetty St Madras – 1 Tamilnadu, Chennai, Tamil Nadu, India – 600001.

BFC Chits operates in the financial services industry, in the financial activities segment.