Devinath Chits Private Limited
About Devinath Chits Private Limited
Data last updated:
Devinath Chits Private Limited is a private limited company based in Parkal, Telangana, India. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 07 December 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U74999TG2017PTC121044.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Veladandi Swamy and Malla Reddy Yara.
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 H.No.3 – 53 Mallareddy Pally Street, Parkal, Telangana, India – 506164.
As per the financials filed for FY 2020, the company reported a revenue of ₹19.9 Lakh, a growth of 33% compared to the previous year. For the same year it recorded a net loss of ₹5.48 Lakh (net margin -27.5%) and EBITDA of -₹3.83 Lakh (EBITDA margin -19.2%).
Court records list 6 cases involving the company, including 6 filed by the company; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
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- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressH.No.3 – 53 Mallareddy Pally Street, Parkal, Telangana, India – 506164
- IndustryFinancial Services, Microfinance Institutions
- 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
- One PDF report, delivered after checkout
Business Activity of Devinath Chits Private Limited
The main business activity of Devinath Chits is financial and insurance service. In detail, this covers other financial activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Devinath Chits Private Limited FY 2025 filings available
Devinath Chits Private Limited reported revenue of ₹19.9 Lakh (up 33% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR) of Devinath Chits Private Limited
Revenue rose 33% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Devinath Chits Private Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹19.9 Lakh | •••• | •••• |
| Other Income | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• |
| EBITDA | -₹3.83 Lakh | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | -₹5.48 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 of Devinath Chits Private Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -19.2% | •••• | •••• |
| Net Profit Margin | -27.5% | •••• | •••• |
| 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 | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Devinath Chits are in the company report.
Financial statements from FY 2018
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Devinath Chits Private Limited
Devinath Chits Private Limited is compared with the companies closest to it by revenue in the Outsourcing industry (Consulting Services, Micro Finance). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Devinath Chits Private Limited this company | ₹19.9 Lakh (FY 2020) | •••• | •••• | 33.0% | •••• | Parkal, Telangana, India |
| Arn Property Advisors Private Limited | ₹14.93 Lakh (FY 2024) | •••• | •••• | 28.0% | •••• | Bangalore, Karnataka, India |
| Madurai Sri Balaji Chits Private Limited | ₹14.93 Lakh (FY 2024) | •••• | •••• | 207.0% | •••• | Madurai, Tamil Nadu, India |
| Smita Consultants Private Limited | ₹14.92 Lakh (FY 2025) | •••• | •••• | 5.0% | •••• | Kolkata, West Bengal, India |
| Stallion Cement Private Limited | ₹14.92 Lakh (FY 2024) | •••• | •••• | -15.0% | •••• | Kolkata, West Bengal, India |
| Infogear Consulting Services Private Limited | ₹14.92 Lakh (FY 2025) | •••• | •••• | 252.0% | •••• | Hyderabad, Telangana, India |
| Enviu Venture Lab India Private Limited | ₹14.91 Lakh (FY 2024) | •••• | •••• | •••• | Bangalore, Karnataka, India | |
| Ios Sports Foundation | ₹14.91 Lakh (FY 2024) | •••• | •••• | -18.0% | •••• | New Delhi, Delhi, India |
| Abuwala Management Consultancy Private Limited | ₹14.91 Lakh (FY 2024) | •••• | •••• | -25.0% | •••• | Mumbai, Maharashtra, India |
| Sarvjit Farms and Foods Private Limited | ₹14.91 Lakh (FY 2025) | •••• | •••• | 90.0% | •••• | New Delhi, Delhi, India |
| Redhawk Ventures Private Limited | ₹14.91 Lakh (FY 2025) | •••• | •••• | -4.0% | •••• | Howrah, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Devinath Chits by revenue in the Outsourcing industry (Consulting Services, Micro Finance), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Devinath Chits Private Limited
Devinath Chits Private Limited is audited by T R REDDY & ASSOCIATES for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| T R REDDY & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Devinath Chits Private Limited
Devinath Chits has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Veladandi Swamy | Director | 07 Dec 2017 | 8 Years 10 Months | Current |
| Malla Reddy Yara | Director | 07 Dec 2017 | 8 Years 10 Months | Current |
Ownership and Shareholding of Devinath Chits Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Devinath Chits Private Limited
Devinath Chits Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Devinath Chits Private Limited
Devinath Chits Private Limited has 6 court cases on record: 6 filed by Devinath Chits. 2 cases are pending and 4 are disposed. Status as checked between 30 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 0 | 2 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Hanumakonda, Telangana | Execution petition | Filed by the company against an individual | Pending |
| District court, Hanumakonda, Telangana | Execution petition | Filed by the company against an individual | Pending |
| District court, Hanumakonda, Telangana | Execution petition | Filed by the company against an individual | Disposed |
| District court, Hanumakonda, Telangana | Execution petition | Filed by the company against an individual | Disposed |
| District court, Hanumakonda, Telangana | Execution petition | Filed by the company against an individual | Disposed |
Full case history
All 6 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Devinath Chits Private Limited
Employment history and EPFO contributions of people linked to Devinath Chits.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Devinath Chits Private Limited
Devinath Chits Private Limited has 2 board changes on record since 2017: 2 appointments. The latest: Malla Reddy Yara was appointed as Director on 07 Dec 2017.
Credit Ratings, Litigation & Regulatory Alerts for Devinath Chits Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Devinath Chits Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Devinath Chits Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Devinath Chits Private Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Devinath Chits Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Devinath Chits Private Limited
Devinath Chits is an active private limited company based in Parkal, Telangana, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 07 December 2017 (9+ years old) and is registered under CIN U74999TG2017PTC121044.
Devinath Chits reported revenue of ₹19.9 Lakh for FY 2020 (up 33% YoY).
Devinath Chits has 2 current directors:
- Veladandi Swamy - Director
- Malla Reddy Yara - Director
Devinath Chits reported a net loss of ₹5.48 Lakh (net margin -27.5%) and EBITDA of -₹3.83 Lakh (EBITDA margin -19.2%) for FY 2020, as per its filed financial statements.
The CIN (Corporate Identification Number) of Devinath Chits is U74999TG2017PTC121044. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Devinath Chits has 6 court cases on record: 6 filed by the company. 2 are pending.
Devinath Chits was incorporated on 07 December 2017, making it 9+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Devinath Chits by revenue are Arn Property Advisors Private Limited, Madurai Sri Balaji Chits Private Limited, Smita Consultants Private Limited, Stallion Cement Private Limited, Infogear Consulting Services Private Limited and 5 more, all in the Outsourcing industry (Consulting Services, Micro Finance).
Malla Reddy Yara was appointed as Director on 07 Dec 2017. Veladandi Swamy was appointed as Director on 07 Dec 2017.
The registered office of Devinath Chits is at H.No.3 – 53 Mallareddy Pally Street, Parkal, Telangana, India – 506164.
Devinath Chits has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh.