Charis Initiatives Private Limited
About Charis Initiatives Private Limited
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Charis Initiatives Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the service-based operations segment of the services sector. It was incorporated on 13 August 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U93090TG2018PTC126160. Its GSTIN is 36AAHCC7032J1ZL (Telangana).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Michael Todd Pickett and Varsha Kannan Suresh.
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 Lig B – 449 2nd Floor Mj Colony Near Flora Hotel Dr. A S Rao Nagar, Hyderabad, Telangana, India – 500062.
As per the financials filed for FY 2024, the company reported a revenue of ₹44.55 Lakh, a decline of 8% compared to the previous year. For the same year it recorded a net profit of ₹99,934 (net margin 2.2%) and EBITDA of ₹5.44 Lakh (EBITDA margin 12.2%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 32% over five years.
Company details
Contact details
Charis Initiatives Private Limited's registered office is in Hyderabad, Telangana. Its e-mail address is in the company report.
- Email
- Registered AddressLig B – 449 2nd Floor Mj Colony Near Flora Hotel Dr. A S Rao Nagar, Hyderabad, Telangana, India – 500062
- IndustryService, Other Services
To see the full contact details of Charis Initiatives Private Limited, 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 activities of Charis Initiatives are professional, scientific and technical and trade. In detail, this covers other professional, scientific and technical activities and retail trading. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities | |
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Charis Initiatives Private Limited, buy the company report.
Financials of Charis Initiatives Private Limited
FY 2025 filings availableCharis Initiatives Private Limited reported revenue of ₹44.55 Lakh (down 8% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 8% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 32%. EBITDA fell 32% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹5.44 Lakh | ||||
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| Net Profit (PAT) | ₹99,934 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 12.2% | ||||
| Net Profit Margin | 2.2% | ||||
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To see the full financial statements and ratios of Charis Initiatives Private Limited, buy the company report.
Board of directors of Charis Initiatives Private Limited
Charis Initiatives has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Michael Todd Pickett Also directs: Andrew Wommack Ministries India | Director | 23 Aug 2018 | 8 Years 2 Months | Current |
| Varsha Kannan Suresh Also directs: Charis Software Private Limited | Director | 13 Aug 2018 | 8 Years 3 Months | Current |
| Paulraj Joseph Also directs: Charis Software Private Limited, Andrew Wommack Ministries India | Director | 13 Aug 2018 | 8 Years 3 Months | Current |
| Billy Wayne Epperhart Also directs: Andrew Wommack Ministries India | Director | 23 Aug 2018 | 8 Years 2 Months | Current |
Peer comparison
Charis Initiatives Private Limited is compared with the 7 companies closest to it by revenue in the same principal business activity (other professional, scientific and technical activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Javastra Technologies Private Limited | ₹44.57 Lakh (FY 2024) | 331.0% | Bhubaneswar, Odisha, India | |||
| PNM Enviro-Safe Solutions Private Limited | ₹44.57 Lakh (FY 2025) | 17.0% | Surat, Gujarat, India | |||
| Sea Riders Ship Management Services Private Limited | ₹44.56 Lakh (FY 2018) | 136.0% | Mumbai, Maharashtra, India | |||
| Charis Initiatives Private Limitedthis company | ₹44.55 Lakh (FY 2024) | ₹99,934 | 2.2% | -8.0% | Hyderabad, Telangana, India | |
| Bae Systems India (Homeland Security) Private Limited | ₹44.52 Lakh (FY 2025) | -80.0% | New Delhi, Delhi, India | |||
| Sarathy Business Services Private Limited | ₹44.51 Lakh (FY 2025) | 82.0% | Salem, Tamil Nadu, India | |||
| Oli HR (OPC) Private Limited | ₹44.51 Lakh (FY 2021) | 22.0% | Bhopal, Madhya Pradesh, India | |||
| Bright Hustle Private Limited | ₹44.51 Lakh (FY 2024) | 342.0% | Surat, Gujarat, India |
To see the full peer comparison of Charis Initiatives Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Charis Initiatives Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Charis Initiatives Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Charis Initiatives has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAHCC7032J1ZL | Telangana | Active | 07 Oct 2018 |
To see the full GST registrations and return filing status of Charis Initiatives Private Limited, buy the company report.
Recent activity
Charis Initiatives Private Limited has 7 board changes on record since 2018: 4 appointments and 3 cessations. The latest: Varsha Kannan Suresh ceased to be Whole-Time Director on 01 Oct 2020.
Frequently asked questions
Charis Initiatives is an active private limited company based in Hyderabad, Telangana, India. The company works in other services, within the service industry. It was incorporated on 13 August 2018 (8+ years old) and is registered under CIN U93090TG2018PTC126160.
Charis Initiatives has 4 current directors:
- Michael Todd Pickett - Director
- Varsha Kannan Suresh - Director
- Paulraj Joseph - Director
- Billy Wayne Epperhart - Director
The latest financial statements of Charis Initiatives 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 FY 2019 are in the company report.
The GSTIN of Charis Initiatives is 36AAHCC7032J1ZL, registered in Telangana.
The CIN (Corporate Identification Number) of Charis Initiatives is U93090TG2018PTC126160. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Charis Initiatives was incorporated on 13 August 2018, making it 8+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Charis Initiatives by revenue are Javastra Technologies Private Limited, PNM Enviro-Safe Solutions Private Limited, Sea Riders Ship Management Services Private Limited, Bae Systems India (Homeland Security) Private Limited, Sarathy Business Services Private Limited and 2 more, all in the same principal business activity (other professional, scientific and technical activities).
Varsha Kannan Suresh ceased to be Whole-Time Director on 01 Oct 2020. Billy Wayne Epperhart ceased to be Additional Director on 11 Nov 2019. Michael Todd Pickett ceased to be Additional Director on 11 Nov 2019. Charis Initiatives has 7 board changes on record in total.
The registered office of Charis Initiatives is at Lig B – 449 2nd Floor Mj Colony Near Flora Hotel Dr. A S Rao Nagar, Hyderabad, Telangana, India – 500062.
Charis Initiatives operates in the service industry, in the other services segment.
Charis Initiatives can be reached at its registered office: Lig B – 449 2nd Floor Mj Colony Near Flora Hotel Dr. A S Rao Nagar, Hyderabad, Telangana, India – 500062.
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