Malagurudharmam Chits Limited
About Malagurudharmam Chits Limited
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Malagurudharmam Chits Limited is a public limited company based in Mala, Kerala, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 04 January 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U65992KL2010PLC025276. Its GSTIN is 32AAHCM6105G1ZU (Kerala).
The company has an authorised share capital of ₹1.75 Cr and a paid-up capital of ₹1.67 Cr. It is led by directors including Raju Kunnappilly Velayudhan (Managing Director) and Pulickal Karappan Saab.
Its last annual general meeting (AGM) was held on 20 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Ward No. Xv Building No.205 Post Office Road Mala.P.O, Kerala, India – 680732.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.17 Cr, a decline of 22% compared to the previous year. For the same year it recorded a net profit of ₹5.99 Lakh (net margin 5.1%) and EBITDA of ₹11.17 Lakh (EBITDA margin 9.5%). Revenue has declined at a compounded annual rate (CAGR) of 6% over three years and 4% over five years.
The company has about 10 employees on its provident fund (EPFO) records.
Court records list 376 cases involving the company, including 376 filed by the company; 79 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Malagurudharmam Chits Limited's registered office is in Mala, Kerala. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressWard No. Xv Building No.205 Post Office Road Mala.P.O, Kerala, India – 680732
- IndustryFinancial Services, Financial Activities
To see the full contact details of Malagurudharmam Chits 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 Malagurudharmam 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 Malagurudharmam Chits Limited, buy the company report.
Financials of Malagurudharmam Chits Limited
FY 2025 filings availableMalagurudharmam Chits Limited reported revenue of ₹1.17 Cr (down 22% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 4% over five years, including a 22% fall in the latest year. EBITDA fell 49% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Total Expenses | |||||
| EBITDA | ₹11.17 Lakh | ||||
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| Net Profit (PAT) | ₹5.99 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.5% | ||||
| Net Profit Margin | 5.1% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Malagurudharmam Chits Limited, buy the company report.
Board of directors of Malagurudharmam Chits Limited
Malagurudharmam Chits has 7 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pulickal Karappan Saab Also directs: Gurudharmam Nidhi Limited, Ashtamichira Acharya Nidhi Limited, Acharya Kuries Private Limited and 5 more | Director | 04 Jan 2010 | 16 Years 9 Months | Current |
| Shainy Pallath Sankarankutty Also directs: Gurudharmam Nidhi Limited, Gurudharmam Mission Hospital Limited, Gurudharmam Trading Limited and 1 more | Director | 04 Jan 2010 | 16 Years 9 Months | Current |
| Babu Valloparambath Purushothaman Also directs: Gurudharmam Nidhi Limited, Gurudharmam Mission Hospital Limited, Gurudharmam Trading Limited and 5 more | Director | 27 May 2017 | 9 Years 4 Months | Current |
| Raju Kunnappilly Velayudhan | Managing Director | 04 Jan 2010 | 16 Years 9 Months | Current |
| Sudheesh Babu | Director | 04 Jan 2010 | 16 Years 9 Months | Current |
| Palakkadan Raman Raghavan | Director | 04 Jan 2010 | 16 Years 9 Months | Current |
Peer comparison
Malagurudharmam Chits 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 |
|---|---|---|---|---|---|---|
| Upward Commodities Private Limited | ₹1.18 Cr (FY 2025) | 5824.0% | Kolkata, West Bengal, India | |||
| Ashrithasai Chit Fund India Private Limited | ₹1.18 Cr (FY 2024) | 20.0% | Jagtial, Telangana, India | |||
| Dalal Street Investments Limited | ₹1.18 Cr (FY 2025) | 4.0% | Mumbai, Maharashtra, India | |||
| Sidhvandan Finance Limited | ₹1.18 Cr (FY 2022) | -68.0% | Delhi, India | |||
| Vikash Somani Securities Pvt.Ltd. | ₹1.18 Cr (FY 2021) | 305.0% | Kolkata, West Bengal, India | |||
| Malagurudharmam Chits Limitedthis company | ₹1.17 Cr (FY 2025) | ₹5.99 Lakh | 5.1% | -22.0% | 10 | Mala, Kerala, India |
| Mahan Industries Limited | ₹1.17 Cr (FY 2023) | 64.0% | Ahmedabad, Gujarat, India | |||
| Rajapalayam Benefit Nidhi Limited | ₹1.17 Cr (FY 2025) | 13.0% | Rajapalayam, Tamil Nadu, India | |||
| Dattprayag Urban Multiple Nidhi Limited | ₹1.17 Cr (FY 2024) | 142.0% | Parbhani, Maharashtra, India | |||
| Finsafe India Private Limited | ₹1.17 Cr (FY 2025) | -5.0% | Bangalore, Karnataka, India | |||
| Forerunner Capital Investments Limited | ₹1.17 Cr (FY 2025) | 3869.0% | Ghitorni, Delhi, India |
To see the full peer comparison of Malagurudharmam Chits Limited, buy the company report.
Auditor
Malagurudharmam Chits Limited is audited by Johnson & Company for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Johnson & Company | FY 2017 | 007991S |
Shareholding
The shareholding of Malagurudharmam Chits 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 Malagurudharmam Chits Limited, buy the company report.
Legal cases
Malagurudharmam Chits Limited has 376 court cases on record: 376 filed by Malagurudharmam Chits. 79 cases are pending and 297 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 376 | 0 | 79 |
Cases on record (5 of 376)
| 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 an individual | Pending |
| District court, Thrissur, Kerala | Execution petition | Filed by the company against an individual | Pending |
To see the full case history of Malagurudharmam Chits 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 Malagurudharmam Chits Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Malagurudharmam Chits Limited has a workforce of 10 employees on its EPFO records as of Mar 30, 2024, across 1 active EPFO establishment.
GST
Malagurudharmam Chits has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AAHCM6105G1ZU | Kerala | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Malagurudharmam Chits Limited, buy the company report.
Recent activity
Malagurudharmam Chits Limited has 13 board changes on record since 2010: 10 appointments and 3 cessations. The latest: Binesh Kuttappan Kandaruparambil was appointed as Director on 20 Sep 2025.
4 earlier events are in the company report.
Frequently asked questions
Malagurudharmam Chits is an active public limited company based in Mala, Kerala, India. The company works in financial activities, within the financial services industry. It was incorporated on 04 January 2010 (16+ years old) and is registered under CIN U65992KL2010PLC025276.
Malagurudharmam Chits has 7 current directors:
- Raju Kunnappilly Velayudhan - Managing Director
- Pulickal Karappan Saab - Director
- Shainy Pallath Sankarankutty - Director
- Babu Valloparambath Purushothaman - Director
- Sudheesh Babu - Director
- Palakkadan Raman Raghavan - Director
- Binesh Kuttappan Kandaruparambil - Director
The latest financial statements of Malagurudharmam Chits on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 20 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Malagurudharmam Chits is 32AAHCM6105G1ZU, registered in Kerala.
The CIN (Corporate Identification Number) of Malagurudharmam Chits is U65992KL2010PLC025276. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Malagurudharmam Chits has 376 court cases on record: 376 filed by the company. 79 are pending.
Malagurudharmam Chits was incorporated on 04 January 2010, making it 16+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Malagurudharmam Chits by revenue are Upward Commodities Private Limited, Ashrithasai Chit Fund India Private Limited, Dalal Street Investments Limited, Sidhvandan Finance Limited, Vikash Somani Securities Pvt.Ltd. and 5 more, all in the same principal business activity (other financial activities).
Binesh Kuttappan Kandaruparambil was appointed as Director on 20 Sep 2025. Venmanassery Sreevalsan Karnalsingh ceased to be Additional Director on 20 Sep 2025. Babu Valloparambath Purushothaman was appointed as Director on 27 May 2017. Malagurudharmam Chits has 13 board changes on record in total.
The registered office of Malagurudharmam Chits is at Ward No. Xv Building No.205 Post Office Road Mala.P.O, Kerala, India – 680732.
Malagurudharmam Chits operates in the financial services industry, in the financial activities segment.