Kandagatla Chits Private Limited
About Kandagatla Chits Private Limited
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Kandagatla Chits Private Limited is a private limited company based in Nakrekal, Telangana, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 01 May 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U65992TG2013PTC087423. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Narsaiah Kandagatla and Kandagatla Ramadevi.
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. 12 – 83/2 Main Road, Nakrekal, Telangana, India – 508211.
As per the financials filed for FY 2022, the company reported a revenue of ₹1.81 Lakh, a decline of 89% compared to the previous year. For the same year it recorded a net loss of ₹3.21 Lakh (net margin -177.4%) and EBITDA of -₹1.9 Lakh (EBITDA margin -105%). Revenue has declined at a compounded annual rate (CAGR) of 62% over three years and 40% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Kandagatla Chits has one previous CIN (Corporate Identification Number): U65992AP2013PTC087423. The current CIN is U65992TG2013PTC087423, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65992TG2013PTC087423 | Current |
| U65992AP2013PTC087423 | Previous |
Contact details
Kandagatla Chits Private Limited's registered office is in Nakrekal, Telangana. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressH.No. 12 – 83/2 Main Road, Nakrekal, Telangana, India – 508211
- IndustryFinancial Services, Financial Activities
To see the full contact details of Kandagatla 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 Kandagatla 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 Kandagatla Chits Private Limited, buy the company report.
Financials of Kandagatla Chits Private Limited
FY 2022 filings availableKandagatla Chits Private Limited reported revenue of ₹1.81 Lakh (down 89% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 40% over five years, including a 89% fall in the latest year. EBITDA fell 971% 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 | -₹1.9 Lakh | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | -₹3.21 Lakh | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -105% | ||||
| Net Profit Margin | -177.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Kandagatla Chits Private Limited, buy the company report.
Board of directors of Kandagatla Chits Private Limited
Kandagatla Chits has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Narsaiah Kandagatla | Director | 01 May 2013 | 13 Years 6 Months | Current |
| Kandagatla Ramadevi | Director | 01 May 2013 | 13 Years 6 Months | Current |
Peer comparison
Kandagatla Chits Private Limited is compared with the 10 companies closest to it by revenue in 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 |
|---|---|---|---|---|---|---|
| Shree Ratnakar Invesca Pvt Ltd | ₹1.81 Lakh (FY 2025) | Kolkata, West Bengal, India | ||||
| Stupendous Tradelink Private Limited | ₹1.81 Lakh (FY 2025) | -5.0% | Kolkata, West Bengal, India | |||
| Moonrolk Finvest Private Limited | ₹1.81 Lakh (FY 2017) | -36.0% | Mumbai, Maharashtra, India | |||
| Anking Nidhi Limited | ₹1.81 Lakh (FY 2020) | Jaipur, Rajasthan, India | ||||
| Kandagatla Chits Private Limitedthis company | ₹1.81 Lakh (FY 2022) | -₹3.21 Lakh | -177.4% | -89.0% | Nakrekal, Telangana, India | |
| Sarvjanshukhay Nidhi Limited | ₹1.81 Lakh (FY 2021) | 7.0% | Rohtas, Bihar, India | |||
| Confianza Financial Consulting Private Limited | ₹1.81 Lakh (FY 2025) | 3.0% | Delhi, India | |||
| Hill Terai Traders Private Limited | ₹1.81 Lakh (FY 2025) | 9.0% | Kolkata, West Bengal, India | |||
| Prashant Commercial Holdings Limited | ₹1.81 Lakh (FY 2020) | 3.0% | Uttar Pradesh, India | |||
| Elango Chits (Nellai) Private Limited | ₹1.81 Lakh (FY 2023) | -63.0% | Tirunelveli, Tamil Nadu, India | |||
| Prakashnath Suppliers Pvt Ltd | ₹1.8 Lakh (FY 2025) | -69.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Kandagatla Chits Private Limited, buy the company report.
Auditor
Kandagatla Chits Private Limited is audited by P.R. KRISHNA & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P.R. KRISHNA & ASSOCIATES | FY 2017 | 001473S |
Shareholding
The shareholding of Kandagatla Chits Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Kandagatla Chits Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Kandagatla 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 Kandagatla Chits Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Kandagatla Chits has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Kandagatla Chits Private Limited, buy the company report.
Recent activity
Kandagatla Chits Private Limited has 2 board changes on record since 2013: 2 appointments. The latest: Kandagatla Ramadevi was appointed as Director on 01 May 2013.
Frequently asked questions
Kandagatla Chits is an active private limited company based in Nakrekal, Telangana, India. The company works in financial activities, within the financial services industry. It was incorporated on 01 May 2013 (13+ years old) and is registered under CIN U65992TG2013PTC087423.
Kandagatla Chits has 2 current directors:
- Narsaiah Kandagatla - Director
- Kandagatla Ramadevi - Director
The latest financial statements of Kandagatla 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 2015 are in the company report.
No. Kandagatla Chits has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Kandagatla Chits is U65992TG2013PTC087423. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kandagatla Chits was incorporated on 01 May 2013, making it 13+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Kandagatla Chits by revenue are Shree Ratnakar Invesca Pvt Ltd, Stupendous Tradelink Private Limited, Moonrolk Finvest Private Limited, Anking Nidhi Limited, Sarvjanshukhay Nidhi Limited and 5 more, all in the same principal business activity (other financial activities).
Kandagatla Ramadevi was appointed as Director on 01 May 2013. Narsaiah Kandagatla was appointed as Director on 01 May 2013.
The registered office of Kandagatla Chits is at H.No. 12 – 832 Main Road, Nakrekal, Telangana, India – 508211.
Kandagatla Chits operates in the financial services industry, in the financial activities segment.
The compliance status of Kandagatla Chits is compliant as of 30 August 2026. The company is actively filing with the Registrar of Companies.
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