New Easthill Chits Private Limited
About New Easthill Chits Private Limited
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New Easthill Chits Private Limited is a private limited company based in Kozhikode, Kerala, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 04 March 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U65992KL2014PTC036310.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Mannarakkal Chanthu Sudesh Kumar (Managing Director) and Sheeba Puthankulangara Dharmaseelan.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at Door No.38/1754 Sreenivas Padinjarey Pullat Edakkad (Po), Kozhikode, Kerala, India – 673005.
As per the financials filed for FY 2018, the company reported a revenue of ₹1.23 Lakh, a decline of 35% compared to the previous year. For the same year it recorded a net loss of ₹7,113 (net margin -5.8%) and EBITDA of -₹6,775 (EBITDA margin -5.5%).
The current compliance status is marked as compliant by the Registrar of Companies.
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- WebsiteLocked
- Social MediaLocked
- Registered AddressDoor No.38/1754 Sreenivas Padinjarey Pullat Edakkad (Po), Kozhikode, Kerala, India – 673005
- 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 New Easthill Chits Private Limited
The main business activity of New Easthill 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 New Easthill Chits Private Limited FY 2018 filings available
New Easthill Chits Private Limited reported revenue of ₹1.23 Lakh (down 35% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR) of New Easthill Chits Private Limited
Revenue fell 35% in the latest year. EBITDA fell 322% 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 New Easthill Chits Private Limited
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| 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 | -₹6,775 | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹7,113 | •••• | •••• | •••• |
| 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 New Easthill Chits Private Limited
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -5.5% | •••• | •••• | •••• |
| Net Profit Margin | -5.8% | •••• | •••• | •••• |
| 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 New Easthill 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.
Board of Directors of New Easthill Chits Private Limited
New Easthill Chits has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sheeba Puthankulangara Dharmaseelan | Director | 09 Mar 2015 | 11 Years 7 Months | Current |
| Poyilil Bhaktavalsalan | Director | 09 Mar 2015 | 11 Years 7 Months | Current |
| Mannarakkal Chanthu Sudesh Kumar | Managing Director | 04 Mar 2014 | 12 Years 7 Months | Current |
Peer Comparison of New Easthill Chits Private Limited
New Easthill 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 |
|---|---|---|---|---|---|---|
| Console of Integrated Nodal Private Limited | ₹1.23 Lakh (FY 2022) | •••• | •••• | •••• | Kolkata, West Bengal, India | |
| Sai Kriba Chits Private Limited | ₹1.23 Lakh (FY 2025) | •••• | •••• | -80.0% | •••• | Kumbakonam, Tamil Nadu, India |
| Metro Leasing and Finance India Co Ltd | ₹1.23 Lakh (FY 2020) | •••• | •••• | -84.0% | •••• | Haryana, India |
| Navoday Mercantile Private Limited | ₹1.23 Lakh (FY 2024) | •••• | •••• | 405.0% | •••• | Mumbai, Maharashtra, India |
| Alocasia Investment Private Limited | ₹1.23 Lakh (FY 2016) | •••• | •••• | 113.0% | •••• | Pune, Maharashtra, India |
| New Easthill Chits Private Limited this company | ₹1.23 Lakh (FY 2018) | •••• | •••• | -35.0% | •••• | Kozhikode, Kerala, India |
| An Commodities and Derivatives Limited | ₹1.23 Lakh (FY 2018) | •••• | •••• | -11.0% | •••• | Kolkata, West Bengal, India |
| Aimznow Nidhi Limited | ₹1.23 Lakh (FY 2025) | •••• | •••• | -28.0% | •••• | Nilambur, Kerala, India |
| Vmelo Wearin Limited | ₹1.23 Lakh (FY 2015) | •••• | •••• | -96.0% | •••• | Tamil Nadu, India |
| Lonbel Finserve Private Limited | ₹1.23 Lakh (FY 2022) | •••• | •••• | •••• | Kolhapur, Maharashtra, India | |
| Bhagwati Hire Purchase and Finance Private Limited | ₹1.23 Lakh (FY 2016) | •••• | •••• | •••• | Jammu and Kashmir, India |
Peers are the five companies nearest above and the five nearest below New Easthill 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 New Easthill Chits Private Limited
New Easthill Chits Private Limited is audited by BAPILESH & ASSOCIATES for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| BAPILESH & ASSOCIATES | 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.
Ownership and Shareholding of New Easthill 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 New Easthill Chits Private Limited
New Easthill Chits Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at New Easthill Chits Private Limited
Employment history and EPFO contributions of people linked to New Easthill 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 New Easthill Chits Private Limited
New Easthill Chits Private Limited has 7 board changes on record since 2014: 3 appointments and 4 cessations. The latest: Poyilil Bhaktavalsalan ceased to be Additional Director on 31 Dec 2015.
Credit Ratings, Litigation & Regulatory Alerts for New Easthill 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 New Easthill 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 New Easthill 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 New Easthill 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 New Easthill 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 New Easthill Chits Private Limited
New Easthill Chits is an active private limited company based in Kozhikode, Kerala, India. The company works in financial activities, within the financial services industry. It was incorporated on 04 March 2014 (12+ years old) and is registered under CIN U65992KL2014PTC036310.
New Easthill Chits reported revenue of ₹1.23 Lakh for FY 2018 (down 35% YoY).
New Easthill Chits has 3 current directors:
- Mannarakkal Chanthu Sudesh Kumar - Managing Director
- Sheeba Puthankulangara Dharmaseelan - Director
- Poyilil Bhaktavalsalan - Director
New Easthill Chits reported a net loss of ₹7,113 (net margin -5.8%) and EBITDA of -₹6,775 (EBITDA margin -5.5%) for FY 2018, as per its filed financial statements.
The CIN (Corporate Identification Number) of New Easthill Chits is U65992KL2014PTC036310. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
New Easthill Chits was incorporated on 04 March 2014, making it 12+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of New Easthill Chits by revenue are Console of Integrated Nodal Private Limited, Sai Kriba Chits Private Limited, Metro Leasing and Finance India Co Ltd, Navoday Mercantile Private Limited, Alocasia Investment Private Limited and 5 more, all in the same principal business activity (Other financial activities).
Poyilil Bhaktavalsalan ceased to be Additional Director on 31 Dec 2015. Sheeba Puthankulangara Dharmaseelan ceased to be Additional Director on 31 Dec 2015. Mannarakkal Chanthu Sudesh Kumar ceased to be Director on 18 Mar 2015. New Easthill Chits has 7 board changes on record in total.
The registered office of New Easthill Chits is at Door No.381754 Sreenivas Padinjarey Pullat Edakkad Po, Kozhikode, Kerala, India – 673005.
New Easthill Chits has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.
New Easthill Chits operates in the financial services industry, in the financial activities segment.