Bhavishya Chit Funds Pvt Ltd.
About Bhavishya Chit Funds Pvt Ltd.
Data last updated:
Bhavishya Chit Funds Pvt Ltd. is a private limited company based in Guntur, Andhra Pradesh, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 17 November 1988 and has been in existence for over 38 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U65992AP1988PTC009270. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹15 Lakh. It is led by directors including Sundara Rami Reddy Alla (Managing Director) and Eswarachandra Vidyasagar Reddy Alla.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at A – 1 Hari Towers Ramanujakutam Krishna Nagar, Guntur, Andhra Pradesh, India – 522006.
As per the financials filed for FY 2022, the company reported a revenue of ₹29.96 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹21.78 Lakh (net margin 72.7%) and EBITDA of ₹24.77 Lakh (EBITDA margin 82.7%). Revenue has declined at a compounded annual rate (CAGR) of 242% over three years and 8% over five years.
Court records list 8 cases involving the company, including 8 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Bhavishya Chit Funds Pvt Ltd.'s registered office is in Guntur, Andhra Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressA – 1 Hari Towers Ramanujakutam Krishna Nagar, Guntur, Andhra Pradesh, India – 522006
- IndustryFinancial Services, Financial Activities
To see the full contact details of Bhavishya Chit Funds Pvt Ltd., buy the company report.
- 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
Business activity
The main business activity of Bhavishya Chit Funds is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Bhavishya Chit Funds Pvt Ltd., buy the company report.
Financials of Bhavishya Chit Funds Pvt Ltd.
FY 2022 filings availableBhavishya Chit Funds Pvt Ltd. reported revenue of ₹29.96 Lakh (up 6209% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 8% over five years. EBITDA rose 776% 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
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹29.96 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹24.77 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹21.78 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 | |||||
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| Total Assets | |||||
Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 82.7% | ||||
| Net Profit Margin | 72.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Bhavishya Chit Funds Pvt Ltd., buy the company report.
Board of directors of Bhavishya Chit Funds Pvt Ltd.
Bhavishya Chit Funds has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Eswarachandra Vidyasagar Reddy Alla | Director | 30 Sep 2005 | 21 Years 0 Months | Current |
| Sundara Rami Reddy Alla | Managing Director | 17 Nov 1988 | 37 Years 11 Months | Current |
| Sampurnamma Alla | Director | 30 Sep 2005 | 21 Years 0 Months | Current |
Peer comparison
Bhavishya Chit Funds Pvt Ltd. is compared with the 6 companies closest to it by revenue in the BFSI industry (Chit Funds), with the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Muriyattu Chit Funds Private Limited | ₹30.93 Lakh (FY 2025) | 29.0% | Thalayolapparambu, Kerala, India | |||
| Jayamukhi Chit Funds Private Limited | ₹30.49 Lakh (FY 2017) | -19.0% | Warangal, Telangana, India | |||
| Bhavishya Chit Funds Pvt Ltd.this company | ₹29.96 Lakh (FY 2022) | ₹21.78 Lakh | 72.7% | 6209.0% | Guntur, Andhra Pradesh, India | |
| Krupasana Chit Funds Private Limited | ₹29.84 Lakh (FY 2021) | 50.0% | Warangal, Telangana, India | |||
| Venad Chit Funds (India) Private Limited | ₹29.76 Lakh (FY 2024) | -27.0% | Kollam, Kerala, India | |||
| Swapna Mithra Chit Funds Private Limited | ₹29.56 Lakh (FY 2019) | 29.0% | Narsi, Maharashtra, India | |||
| Mangaldayak Chit Funds Pvt Ltd | ₹29.09 Lakh (FY 2021) | -43.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Bhavishya Chit Funds Pvt Ltd., buy the company report.
Auditor
Bhavishya Chit Funds Pvt Ltd. is audited by SRIHARI ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SRIHARI ASSOCIATES | FY 2017 | 200074 |
Shareholding
The shareholding of Bhavishya Chit Funds Pvt Ltd. is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Bhavishya Chit Funds Pvt Ltd., buy the company report.
Legal cases
Bhavishya Chit Funds Pvt Ltd. has 8 court cases on record: 8 filed by Bhavishya Chit Funds. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 0 | 0 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Guntur, Andhra Pradesh | Execution petition | Filed by the company against an individual | Disposed |
| District court, Guntur, Andhra Pradesh | Execution petition | Filed by the company against an individual | Disposed |
| District court, Guntur, Andhra Pradesh | Execution petition | Filed by the company against an individual | Disposed |
| District court, Guntur, Andhra Pradesh | Execution petition | Filed by the company against an individual | Disposed |
| District court, Guntur, Andhra Pradesh | Execution petition | Filed by the company against an individual | Disposed |
To see the full case history of Bhavishya Chit Funds Pvt Ltd., buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Bhavishya Chit Funds Pvt Ltd.; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Bhavishya Chit Funds has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Bhavishya Chit Funds Pvt Ltd., buy the company report.
Recent activity
Bhavishya Chit Funds Pvt Ltd. has 3 board changes on record since 1988: 3 appointments. The latest: Eswarachandra Vidyasagar Reddy Alla was appointed as Director on 30 Sep 2005.
Frequently asked questions
Bhavishya Chit Funds is an active private limited company based in Guntur, Andhra Pradesh, India. The company works in financial activities, within the financial services industry. It was incorporated on 17 November 1988 (38+ years old) and is registered under CIN U65992AP1988PTC009270.
Bhavishya Chit Funds has 3 current directors:
- Sundara Rami Reddy Alla - Managing Director
- Eswarachandra Vidyasagar Reddy Alla - Director
- Sampurnamma Alla - Director
The latest financial statements of Bhavishya Chit Funds on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
No. Bhavishya Chit Funds has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Bhavishya Chit Funds is U65992AP1988PTC009270. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bhavishya Chit Funds has 8 court cases on record: 8 filed by the company.
Bhavishya Chit Funds was incorporated on 17 November 1988, making it 38+ years old. It is registered with the Registrar of Companies, Vijayawada.
The peers of Bhavishya Chit Funds by revenue are Muriyattu Chit Funds Private Limited, Jayamukhi Chit Funds Private Limited, Krupasana Chit Funds Private Limited, Venad Chit Funds (India) Private Limited, Swapna Mithra Chit Funds Private Limited and 1 more, all in the BFSI industry (Chit Funds), with the same principal business activity (other financial activities).
Eswarachandra Vidyasagar Reddy Alla was appointed as Director on 30 Sep 2005. Sampurnamma Alla was appointed as Director on 30 Sep 2005. Sundara Rami Reddy Alla was appointed as Managing Director on 17 Nov 1988.
The registered office of Bhavishya Chit Funds is at A – 1 Hari Towers Ramanujakutam Krishna Nagar, Guntur, Andhra Pradesh, India – 522006.
Bhavishya Chit Funds operates in the financial services industry, in the financial activities segment.