Chowgoni Chits Private Limited
About Chowgoni Chits Private Limited
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Chowgoni Chits Private Limited is a private limited company based in Nakrekal, Telangana, India. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 20 July 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U65929TG2016PTC111010.
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Anjaneyulugoud Chowgoni (Managing Director) and Kavitha Chowgoni.
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 H No 18 – 2/B First Floor Panama Complex Main Road Nakrekal, Telangana, India – 508211.
As per the financials filed for FY 2022, the company reported a revenue of ₹11.36 Lakh, a decline of 9% compared to the previous year. For the same year it recorded a net profit of ₹26,643 (net margin 2.3%) and EBITDA of ₹41,288 (EBITDA margin 3.6%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Chowgoni Chits Private Limited's registered office is in Nakrekal, Telangana. Its e-mail address is in the company report.
- Email
- Registered AddressH No 18 – 2/B First Floor Panama Complex Main Road Nakrekal, Telangana, India – 508211
- IndustryFinancial Services, Microfinance Institutions
To see the full contact details of Chowgoni Chits 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 activity of Chowgoni Chits 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 Chowgoni Chits Private Limited, buy the company report.
Financials of Chowgoni Chits Private Limited
FY 2022 filings availableChowgoni Chits Private Limited reported revenue of ₹11.36 Lakh (down 9% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue fell 9% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 5%. EBITDA fell 13% 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 |
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| EBITDA | ₹41,288 | ||||
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| Net Profit (PAT) | ₹26,643 | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| Profitability | |||||
| EBITDA Margin | 3.6% | ||||
| Net Profit Margin | 2.3% | ||||
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To see the full financial statements and ratios of Chowgoni Chits Private Limited, buy the company report.
Board of directors of Chowgoni Chits Private Limited
Chowgoni Chits has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anjaneyulugoud Chowgoni | Managing Director | 20 Jul 2016 | 10 Years 3 Months | Current |
| Shivakumar Chevugoni | Additional Director | 23 Oct 2017 | 9 Years 0 Months | Current |
| Chowgoni Mounika | Additional Director | 15 Apr 2019 | 7 Years 6 Months | Current |
| Kavitha Chowgoni | Director | 20 Jul 2016 | 10 Years 3 Months | Current |
Peer comparison
Chowgoni Chits Private Limited is compared with the 6 companies closest to it by revenue in the BFSI industry (Micro Finance), 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 |
|---|---|---|---|---|---|---|
| Madipakkam Chit Funds Private Limited | ₹11.57 Lakh (FY 2023) | -57.0% | Chennai, Tamil Nadu, India | |||
| Mangalam Vinayak Micro Finance | ₹11.46 Lakh (FY 2024) | 8.0% | Varanasi, Uttar Pradesh, India | |||
| Arian Kuries Private Limited | ₹11.45 Lakh (FY 2024) | 112.0% | Thrissur, Kerala, India | |||
| Muvision Nidhi Limited | ₹11.37 Lakh (FY 2024) | 120.0% | Mandi, Himachal Pradesh, India | |||
| Chowgoni Chits Private Limitedthis company | ₹11.36 Lakh (FY 2022) | ₹26,643 | 2.3% | -9.0% | Nakrekal, Telangana, India | |
| PSV Kuries Private Limited | ₹11.26 Lakh (FY 2024) | -13.0% | Varapuzha P O, Kerala, India | |||
| Chemmannur Kuries Private Limited | ₹11.21 Lakh (FY 2019) | -23.0% | Thrissur, Kerala, India |
To see the full peer comparison of Chowgoni Chits Private Limited, buy the company report.
Shareholding
The shareholding of Chowgoni Chits Private Limited is on record for 2 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Chowgoni Chits Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Chowgoni Chits 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 Chowgoni Chits Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Chowgoni Chits Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Chowgoni Chits Private Limited has 5 board changes on record since 2016: 4 appointments and 1 cessation. The latest: Chowgoni Mounika was appointed as Additional Director on 15 Apr 2019.
Frequently asked questions
Chowgoni Chits is an active private limited company based in Nakrekal, Telangana, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 20 July 2016 (10+ years old) and is registered under CIN U65929TG2016PTC111010.
Chowgoni Chits has 4 current directors:
- Anjaneyulugoud Chowgoni - Managing Director
- Shivakumar Chevugoni - Additional Director
- Chowgoni Mounika - Additional Director
- Kavitha Chowgoni - Director
The latest financial statements of Chowgoni Chits 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 FY 2017 are in the company report.
The CIN (Corporate Identification Number) of Chowgoni Chits is U65929TG2016PTC111010. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Chowgoni Chits was incorporated on 20 July 2016, making it 10+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Chowgoni Chits by revenue are Madipakkam Chit Funds Private Limited, Mangalam Vinayak Micro Finance, Arian Kuries Private Limited, Muvision Nidhi Limited, PSV Kuries Private Limited and 1 more, all in the BFSI industry (Micro Finance), with the same principal business activity (other financial activities).
Chowgoni Mounika was appointed as Additional Director on 15 Apr 2019. Shivakumar Chevugoni was appointed as Additional Director on 23 Oct 2017. Anjaneyulugoud Chowgoni ceased to be Director on 17 Aug 2016. Chowgoni Chits has 5 board changes on record in total.
The registered office of Chowgoni Chits is at H No 18 – 2B First Floor Panama Complex Main Road Nakrekal, Telangana, India – 508211.
Chowgoni Chits operates in the financial services industry, in the microfinance institutions segment.
The compliance status of Chowgoni Chits is compliant as of 17 August 2026. The company is actively filing with the Registrar of Companies.
Chowgoni Chits can be reached at its registered office: H No 18 – 2B First Floor Panama Complex Main Road Nakrekal, Telangana, India – 508211.