Madras Brindhavan Chit Funds Private Limited
About Madras Brindhavan Chit Funds Private Limited
Data last updated:
Madras Brindhavan Chit Funds Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 27 June 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U65991TN1996PTC035882. Its GSTIN is 33AABCM4804G1ZW (Tamil Nadu). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Mundancherry Sasidharan (Managing Director) and Sachin Sasidharan.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at No.55 – B/29 T H Roadthangal Chennai – 19, Tamil Nadu, India – 600019.
As per the financials filed for FY 2024, the company reported a revenue of ₹19.26 Lakh, a growth of 2% compared to the previous year. For the same year it recorded a net profit of ₹51,600 (net margin 2.7%) and EBITDA of ₹72,200 (EBITDA margin 3.7%). Revenue has declined at a compounded annual rate (CAGR) of 32% over three years and 6% over five years.
The company has about 4 employees on its provident fund (EPFO) records.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Madras Brindhavan Chit Funds Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo.55 – B/29 T H Roadthangal Chennai – 19, Tamil Nadu, India – 600019
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Madras Brindhavan Chit Funds 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 Madras Brindhavan Chit Funds 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 Madras Brindhavan Chit Funds Private Limited, buy the company report.
Financials of Madras Brindhavan Chit Funds Private Limited
FY 2024 filings availableMadras Brindhavan Chit Funds Private Limited reported revenue of ₹19.26 Lakh (up 2% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 2% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 6%. EBITDA fell 15% 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 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 | ₹72,200 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹51,600 | ||||
| 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.7% | ||||
| Net Profit Margin | 2.7% | ||||
| 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 | |||||
To see the full financial statements and ratios of Madras Brindhavan Chit Funds Private Limited, buy the company report.
Board of directors of Madras Brindhavan Chit Funds Private Limited
Madras Brindhavan Chit Funds has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mundancherry Sasidharan | Managing Director | 27 Jun 1996 | 30 Years 4 Months | Current |
| Sachin Sasidharan | Director | 30 Oct 2013 | 13 Years 0 Months | Current |
Peer comparison
Madras Brindhavan Chit Funds Private Limited is compared with the 5 companies closest to it by revenue in the BFSI industry (Chit Funds, Other Financial Services), 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 |
|---|---|---|---|---|---|---|
| Naranji Yashraj Leasing and Finance India Private Limited | ₹19.29 Lakh (FY 2025) | 3.0% | Gandhinagar, Gujarat, India | |||
| Parasmani Vanijya Pvt Ltd | ₹19.29 Lakh (FY 2025) | 16.0% | Kolkata, West Bengal, India | |||
| Macclin Investments Private Limited | ₹19.28 Lakh (FY 2025) | -56.0% | New Delhi, Delhi, India | |||
| Madras Brindhavan Chit Funds Private Limitedthis company | ₹19.26 Lakh (FY 2024) | ₹51,600 | 2.7% | 2.0% | 4 | Chennai, Tamil Nadu, India |
| Rishab Financial Services Limited | ₹19.25 Lakh (FY 2022) | -23.0% | Chennai, Tamil Nadu, India | |||
| Sree Sadurvel Chit Funds Private Limited | ₹19.25 Lakh (FY 2024) | 126.0% | Tirupur, Tamil Nadu, India |
To see the full peer comparison of Madras Brindhavan Chit Funds Private Limited, buy the company report.
Auditor
Madras Brindhavan Chit Funds Private Limited is audited by PIYUSH AND MUNI for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PIYUSH AND MUNI | FY 2020 | 017676S |
Shareholding
The shareholding of Madras Brindhavan Chit Funds Private Limited is on record for 5 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Madras Brindhavan Chit Funds Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Madras Brindhavan Chit Funds 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 Madras Brindhavan Chit Funds Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Madras Brindhavan Chit Funds Private Limited has a workforce of 4 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Madras Brindhavan Chit Funds has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AABCM4804G1ZW | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Madras Brindhavan Chit Funds Private Limited, buy the company report.
Recent activity
Madras Brindhavan Chit Funds Private Limited has 5 board changes on record since 1996: 2 appointments and 3 cessations. The latest: Shanthi ceased to be Director on 10 Jun 2021.
Frequently asked questions
Madras Brindhavan Chit Funds is an active private limited company based in Chennai, Tamil Nadu, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 27 June 1996 (30+ years old) and is registered under CIN U65991TN1996PTC035882.
Madras Brindhavan Chit Funds has 2 current directors:
- Mundancherry Sasidharan - Managing Director
- Sachin Sasidharan - Director
The latest financial statements of Madras Brindhavan Chit Funds on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Madras Brindhavan Chit Funds is 33AABCM4804G1ZW, registered in Tamil Nadu. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Madras Brindhavan Chit Funds is U65991TN1996PTC035882. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Madras Brindhavan Chit Funds was incorporated on 27 June 1996, making it 30+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Madras Brindhavan Chit Funds by revenue are Naranji Yashraj Leasing and Finance India Private Limited, Parasmani Vanijya Pvt Ltd, Macclin Investments Private Limited, Rishab Financial Services Limited, Sree Sadurvel Chit Funds Private Limited, all in the BFSI industry (Chit Funds, Other Financial Services), with the same principal business activity (other financial activities).
Shanthi ceased to be Director on 10 Jun 2021. Sachin Sasidharan ceased to be Additional Director on 29 Sep 2015. Raghavan Pudhidath Govindan ceased to be Director on 30 Oct 2013. Madras Brindhavan Chit Funds has 5 board changes on record in total.
The registered office of Madras Brindhavan Chit Funds is at No.55 – B29 T H Roadthangal Chennai – 19, Tamil Nadu, India – 600019.
Madras Brindhavan Chit Funds operates in the financial services industry, in the diversified financial services segment.
The compliance status of Madras Brindhavan Chit Funds is compliant as of 15 August 2026. The company is actively filing with the Registrar of Companies.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
