E T Devassy Chitties Private Limited
About E T Devassy Chitties Private Limited
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E T Devassy Chitties Private Limited is a private limited company based in Thrissur, Kerala, India. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 21 December 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U65992KL2012PTC032988. Its GSTIN is 32AADCE4899H1ZF (Kerala).
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹20 Lakh. It is led by directors including Edasserychungan Shaju (Managing Director) and Edasserychungan Devassy Sabu.
Its last annual general meeting (AGM) was held on 27 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Door No: 1/260 Palayamparmbu P O, Thrissur, Kerala, India – 680741.
As per the financials filed for FY 2026, the company reported a revenue of ₹64.64 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹3.13 Lakh (net margin 4.8%) and EBITDA of ₹10.77 Lakh (EBITDA margin 16.7%). Revenue has declined at a compounded annual rate (CAGR) of 5% over three years and 11% over five years.
Court records list 8 cases involving the company, including 8 filed by the company; 4 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
E T Devassy Chitties Private Limited's registered office is in Thrissur, Kerala. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressDoor No: 1/260 Palayamparmbu P O, Thrissur, Kerala, India – 680741
- IndustryFinancial Services, Microfinance Institutions
To see the full contact details of E T Devassy Chitties 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 E T Devassy Chitties 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 E T Devassy Chitties Private Limited, buy the company report.
Financials of E T Devassy Chitties Private Limited
FY 2025 filings availableE T Devassy Chitties Private Limited reported revenue of ₹64.64 Lakh (up 284% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR)
Revenue rose 284% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 11%. EBITDA rose 439% 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
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| EBITDA | ₹10.77 Lakh | ||||
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| Net Profit (PAT) | ₹3.13 Lakh | ||||
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Financial Ratios
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 16.7% | ||||
| Net Profit Margin | 4.8% | ||||
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To see the full financial statements and ratios of E T Devassy Chitties Private Limited, buy the company report.
Board of directors of E T Devassy Chitties Private Limited
E T Devassy Chitties has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Edasserychungan Shaju Also directs: Helpgrow Nidhi Limited, Et Devassy and Sons Finance Private Limited, Devassyet Nidhi Limited and 3 more | Managing Director | 21 Dec 2012 | 13 Years 10 Months | Current |
| Edasserychungan Devassy Sabu Also directs: Helpgrow Nidhi Limited, Et Devassy and Sons Finance Private Limited, Devassyet Nidhi Limited and 3 more | Director | 21 Dec 2012 | 13 Years 10 Months | Current |
| Benny Edasseri Devassy Also directs: Et Devassy and Sons Finance Private Limited | Director | 21 Dec 2012 | 13 Years 10 Months | Current |
| Edasserychungam Devassy Jaison | Director | 21 Dec 2012 | 13 Years 10 Months | Current |
Peer comparison
E T Devassy Chitties Private Limited is compared with the 9 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 |
|---|---|---|---|---|---|---|
| E T Devassy Chitties Private Limitedthis company | ₹64.64 Lakh (FY 2026) | ₹3.13 Lakh | 4.8% | 284.0% | Thrissur, Kerala, India | |
| Diksuchi Chit Funds Private Limited | ₹17.02 Lakh (FY 2019) | 141.0% | Huzur Nagar, Telangana, India | |||
| CRN Chits Private Limited | ₹16.97 Lakh (FY 2024) | 12.0% | Tiruchirappalli, Tamil Nadu, India | |||
| Indusland Gramin Nidhi Limited | ₹16.96 Lakh (FY 2025) | 23.0% | Ernakulam, Kerala, India | |||
| Alappat Thottian Kudumba Kuttayma Kuries Private Limited | ₹16.84 Lakh (FY 2025) | 69.0% | Thrissur, Kerala, India | |||
| Vanmoh Chit Funds Private Limited | ₹16.81 Lakh (FY 2025) | 357.0% | Karamadai, Tamil Nadu, India | |||
| Omaditya Micro Finance Foundation | ₹16.79 Lakh (FY 2025) | -21.0% | Gorakhpur, Uttar Pradesh, India | |||
| St. Sebastian's Kuries Limited | ₹16.74 Lakh (FY 2025) | 17.0% | Thrissur, Kerala, India | |||
| Dhanabandhavya Nidhi Limited | ₹16.73 Lakh (FY 2023) | 48.0% | Bangalore, Karnataka, India | |||
| Sharthi Agrotech Solution Nidhi Limited | ₹16.7 Lakh (FY 2025) | 18.0% | Behror, Rajasthan, India |
To see the full peer comparison of E T Devassy Chitties Private Limited, buy the company report.
Auditor
E T Devassy Chitties Private Limited is audited by CHEERAN VARGHESE & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CHEERAN VARGHESE & CO | FY 2023 | 050061S |
Shareholding
The shareholding of E T Devassy Chitties Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of E T Devassy Chitties Private Limited, buy the company report.
Legal cases
E T Devassy Chitties Private Limited has 8 court cases on record: 8 filed by E T Devassy Chitties. 4 cases are pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 0 | 4 |
| High courts | 1 | 0 | 0 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thrissur, Kerala | Execution petition | Filed by the company against an individual | Pending |
| District court, Thrissur, Kerala | Execution petition | Filed by the company against an individual | Pending |
| District court, Thrissur, Kerala | Execution petition | Filed by the company against an individual | Pending |
| District court, Thrissur, Kerala | Execution petition | Filed by the company against individuals | Pending |
| District court, Thrissur, Kerala | Execution petition | Filed by the company against an individual | Disposed |
To see the full case history of E T Devassy Chitties Private Limited, 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 E T Devassy Chitties Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
E T Devassy Chitties has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AADCE4899H1ZF | Kerala | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of E T Devassy Chitties Private Limited, buy the company report.
Recent activity
E T Devassy Chitties Private Limited has 6 board changes on record since 2012: 4 appointments and 2 cessations. The latest: Salu Edasserychungan Devassy ceased to be Director on 28 May 2024.
Frequently asked questions
E T Devassy Chitties is an active private limited company based in Thrissur, Kerala, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 21 December 2012 (14+ years old) and is registered under CIN U65992KL2012PTC032988.
E T Devassy Chitties has 4 current directors:
- Edasserychungan Shaju - Managing Director
- Edasserychungan Devassy Sabu - Director
- Benny Edasseri Devassy - Director
- Edasserychungam Devassy Jaison - Director
The latest financial statements of E T Devassy Chitties on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 27 August 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of E T Devassy Chitties is 32AADCE4899H1ZF, registered in Kerala.
The CIN (Corporate Identification Number) of E T Devassy Chitties is U65992KL2012PTC032988. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
E T Devassy Chitties has 8 court cases on record: 8 filed by the company. 4 are pending. Most are in the district courts.
E T Devassy Chitties was incorporated on 21 December 2012, making it 14+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of E T Devassy Chitties by revenue are Diksuchi Chit Funds Private Limited, CRN Chits Private Limited, Indusland Gramin Nidhi Limited, Alappat Thottian Kudumba Kuttayma Kuries Private Limited, Vanmoh Chit Funds Private Limited and 4 more, all in the BFSI industry (Micro Finance), with the same principal business activity (other financial activities).
Salu Edasserychungan Devassy ceased to be Director on 28 May 2024. Edasserychungan Thoman Devassy ceased to be Director on 11 Jan 2021. Benny Edasseri Devassy was appointed as Director on 21 Dec 2012. E T Devassy Chitties has 6 board changes on record in total.
The registered office of E T Devassy Chitties is at Door No: 1260 Palayamparmbu P O, Thrissur, Kerala, India – 680741.
E T Devassy Chitties operates in the financial services industry, in the microfinance institutions segment.