Hill Light Chits Private Limited
About Hill Light Chits Private Limited
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Hill Light Chits Private Limited is a private limited company based in Kannur, Kerala, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 10 July 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U65992KL2013PTC034513.
The company has an authorised share capital of ₹4 Lakh and a paid-up capital of ₹4 Lakh. It is led by directors Madavallil Stephen (Managing Director) and Nirmal (Whole-Time Director).
Its last annual general meeting (AGM) was held on 05 July 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Building No. Pp IX/123 Madavallil House Chamathachal Po, Kannur, Kerala, India – 670633.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.47 Lakh, a decline of 44% compared to the previous year. For the same year it recorded a net loss of ₹2.22 Lakh (net margin -64.1%) and EBITDA of -₹2.22 Lakh (EBITDA margin -64.1%). Revenue has declined at a compounded annual rate (CAGR) of 23% over three years and 18% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressBuilding No. Pp IX/123 Madavallil House Chamathachal Po, Kannur, Kerala, India – 670633
- IndustryFinancial Services, Financial Activities
- 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 Hill Light Chits Private Limited
The main business activity of Hill Light 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 Hill Light Chits Private Limited FY 2024 filings available
Hill Light Chits Private Limited reported revenue of ₹3.47 Lakh (down 44% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Hill Light Chits Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 18% over five years, including a 44% fall in the latest year. EBITDA fell 110% 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 of Hill Light Chits Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹2.22 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹2.22 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 Hill Light Chits Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -64.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -64.1% | •••• | •••• | •••• | •••• |
| 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 Hill Light Chits are in the company report.
Financial statements from 2015
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 Hill Light Chits Private Limited
Hill Light Chits Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Other financial activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sri Ranga Nidhi Limited | ₹3.47 Lakh (FY 2022) | •••• | •••• | •••• | Bellary, Karnataka, India | |
| Ashima Chitty Funds Private Limited | ₹3.47 Lakh (FY 2025) | •••• | •••• | -4.0% | •••• | Kozhikode, Kerala, India |
| Raj Securities Limited | ₹3.47 Lakh (FY 2021) | •••• | •••• | 14.0% | •••• | Kolkata, West Bengal, India |
| Annexation Commosales Private Limited | ₹3.47 Lakh (FY 2025) | •••• | •••• | 460.0% | •••• | Kolkata, West Bengal, India |
| Suyojit Investment and Engineering Pvt Ltd | ₹3.47 Lakh (FY 2016) | •••• | •••• | -14.0% | •••• | Mumbai, Maharashtra, India |
| Hill Light Chits Private Limited this company | ₹3.47 Lakh (FY 2024) | •••• | •••• | -44.0% | •••• | Kannur, Kerala, India |
| Maruti Forex Private Limited | ₹3.47 Lakh (FY 2025) | •••• | •••• | -92.0% | •••• | Vadodara, Gujarat, India |
| Tirupati Financial Services Ltd. | ₹3.46 Lakh (FY 2025) | •••• | •••• | -10.0% | •••• | Kolkata, West Bengal, India |
| Paithan Urban Multiple Nidhi Limited | ₹3.46 Lakh (FY 2021) | •••• | •••• | 11.0% | •••• | Aurangabad, Maharashtra, India |
| Janakta Maa Laxmi Tarai Nidhi Limited | ₹3.46 Lakh (FY 2025) | •••• | •••• | -19.0% | •••• | Rudrapur, Uttarakhand, India |
| Arjun Credit and Investments Pvt. Ltd. | ₹3.46 Lakh (FY 2025) | •••• | •••• | 1.0% | •••• | Ludhiana, Punjab, India |
Peers are the five companies nearest above and the five nearest below Hill Light Chits by revenue in the same principal business activity (Other financial activities), 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 Hill Light Chits Private Limited
Hill Light Chits Private Limited is audited by JACOB & GEORGE for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| JACOB & GEORGE | 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 Hill Light Chits Private Limited
Hill Light Chits has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nirmal | Whole-Time Director | 07 Dec 2015 | 10 Years 10 Months | Current |
| Madavallil Stephen | Managing Director | 10 Jul 2013 | 13 Years 3 Months | Current |
Ownership and Shareholding of Hill Light 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 Hill Light Chits Private Limited
Hill Light Chits Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Hill Light Chits Private Limited
Employment history and EPFO contributions of people linked to Hill Light 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 Hill Light Chits Private Limited
Hill Light Chits Private Limited has 4 board changes on record since 2013: 2 appointments and 2 cessations. The latest: Nirmal ceased to be Director on 11 Jul 2016.
Credit Ratings, Litigation & Regulatory Alerts for Hill Light 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 Hill Light 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 Hill Light 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 Hill Light 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 Hill Light 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 Hill Light Chits Private Limited
Hill Light Chits is an active private limited company based in Kannur, Kerala, India. The company works in financial activities, within the financial services industry. It was incorporated on 10 July 2013 (13+ years old) and is registered under CIN U65992KL2013PTC034513.
Hill Light Chits reported revenue of ₹3.47 Lakh for FY 2024 (down 44% YoY).
Hill Light Chits has 2 current directors:
- Madavallil Stephen - Managing Director
- Nirmal - Whole-Time Director
Hill Light Chits reported a net loss of ₹2.22 Lakh (net margin -64.1%) and EBITDA of -₹2.22 Lakh (EBITDA margin -64.1%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Hill Light Chits is -23% over three years and -18% over five years. In the latest year (FY 2024) revenue fell 44%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Hill Light Chits is U65992KL2013PTC034513. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hill Light Chits was incorporated on 10 July 2013, making it 13+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Hill Light Chits by revenue are Sri Ranga Nidhi Limited, Ashima Chitty Funds Private Limited, Raj Securities Limited, Annexation Commosales Private Limited, Suyojit Investment and Engineering Pvt Ltd and 5 more, all in the same principal business activity (Other financial activities).
Nirmal ceased to be Director on 11 Jul 2016. Aneesh Mathew ceased to be Director on 08 Dec 2015. Nirmal was appointed as Whole-Time Director on 07 Dec 2015. Hill Light Chits has 4 board changes on record in total.
The registered office of Hill Light Chits is at Building No. Pp IX123 Madavallil House Chamathachal Po, Kannur, Kerala, India – 670633.
Hill Light Chits has an authorised share capital of ₹4 Lakh and a paid-up capital of ₹4 Lakh.