Salvation Chitties Private Limited

Salvation Chitties Private Limited - financial services in Thrissur, Kerala, India. FY 2026 financials & compliance.
CIN U65992KL2001PTC014701 Incorporated 08 May 2001 ROC Ernakulam HQ Thrissur, Kerala, India
Active Private Limited Company financial services
Data last updated
Revenue · FY 2024
₹2.74 Lakh
▲ 12% YoY
Net loss · FY 2024
₹24,438
Net margin -8.9%
EBITDA · FY 2024
-₹24,438
EBITDA margin -8.9%
Authorised capital
₹2 Lakh
Registered with MCA
Paid-up capital
₹2 Lakh
Issued & subscribed
Company age
25 yrs
Est. 2001
Directors on board
3
As per MCA filings
Last financials
Mar 2024
Balance sheet date

About Salvation Chitties Private Limited

Data last updated:

Salvation Chitties Private Limited is a private limited company based in Thrissur, Kerala, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 08 May 2001 and has been in existence for over 25 years.

The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U65992KL2001PTC014701.

The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors including Sunil Sabu Malakkal Mulakkan (Managing Director) and Pulikottil Joseph Johny.

Its last annual general meeting (AGM) was held on 12 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Tc – X/46/13 Eastend Plaza Rice Bazar, Thrissur, Kerala, India – 680001.

As per the financials filed for FY 2024, the company reported a revenue of ₹2.74 Lakh, a growth of 12% compared to the previous year. For the same year it recorded a net loss of ₹24,438 (net margin -8.9%) and EBITDA of -₹24,438 (EBITDA margin -8.9%). Revenue has declined at a compounded annual rate (CAGR) of 12% over five years.

Court records list 26 cases involving the company, including 17 filed by the company and 9 filed against it; 3 cases are pending.

The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U65992KL2001PTC014701
Registration Number 014701
Incorporation Date 08 May 2001
ROC Ernakulam
Listing Status Unlisted
Company Status Active
Date of Last AGM 12 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant

Contact details

Salvation Chitties Private Limited's registered office is in Thrissur, Kerala. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Tc – X/46/13 Eastend Plaza Rice Bazar, Thrissur, Kerala, India – 680001
  • Industry
    Financial Services, Financial Activities

To see the full contact details of Salvation Chitties Private Limited, buy the company report.

Comprehensive company report
Salvation Chitties Private Limited - one report that includes everything
  • 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
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Business activity

The main business activity of Salvation Chitties is financial and insurance service. In detail, this covers other financial activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
KFinancial and insurance ServiceK8Other financial activities

To see the full business activity and turnover split of Salvation Chitties Private Limited, buy the company report.

Financials of Salvation Chitties Private Limited

FY 2024 filings available

Salvation Chitties Private Limited reported revenue of ₹2.74 Lakh (up 12% YoY) for FY 2024.

Revenue · FY 2024
₹2.74 Lakh ▲ 12%
Net loss · FY 2024
₹24,438 margin -8.9%
EBITDA · FY 2024
-₹24,438 margin -8.9%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 12%
5 years · compounded
▼ 12%
EBITDA CAGR growth
1 year
▲ 12%
3 years · compounded
▲ 55%
5 years · compounded
▼ 50%

Revenue rose 12% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 12%. EBITDA rose 12% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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-₹24,438
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹24,438
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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin-8.9%
Net Profit Margin-8.9%
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 Salvation Chitties Private Limited, buy the company report.

Board of directors of Salvation Chitties Private Limited

Salvation Chitties has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Sunil Sabu Malakkal MulakkanManaging Director08 May 200125 Years 5 MonthsCurrent
Pulikottil Joseph JohnyDirector11 Sep 200125 Years 1 MonthsCurrent
Ponmany Ouseph RobinDirector11 Sep 200125 Years 1 MonthsCurrent

Peer comparison

Salvation Chitties 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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Zidane Investec Services Private Limited₹2.74 Lakh (FY 2024)24.0%New Delhi, Delhi, India
Chaithannya Dhana Nidhi Limited₹2.74 Lakh (FY 2025)-49.0%Palakkad, Kerala, India
Blueseed Fintech Private Limited₹2.74 Lakh (FY 2020)Noida, Uttar Pradesh, India
Investify Wealth Tech Private Limited₹2.74 Lakh (FY 2025)2771.0%Delhi, India
Manartha Solutions Private Limited₹2.74 Lakh (FY 2024)-82.0%Bangalore, Karnataka, India
Salvation Chitties Private Limitedthis company₹2.74 Lakh (FY 2024)-₹24,438-8.9%12.0%Thrissur, Kerala, India
Baid Financial Services Limited₹2.74 Lakh (FY 2024)-11.0%Mumbai, Maharashtra, India
Pambatheeram Nidhi Limited₹2.74 Lakh (FY 2020)-45.0%Koipuram, Kerala, India
Adore Investments Private Limited₹2.74 Lakh (FY 2025)-8.0%Ahmedabad, Gujarat, India
Dhyeya Multipurpose Mirajgaon Nidhi Limited₹2.74 Lakh (FY 2022)Ahmednagar, Maharashtra, India
Venus Barter Pvt Ltd₹2.74 Lakh (FY 2024)-59.0%Kolkata, West Bengal, India

To see the full peer comparison of Salvation Chitties Private Limited, buy the company report.

Auditor

Salvation Chitties Private Limited is audited by UDAYA RAJ RAO & ASSOCIATES for the financial year 2017.

Auditor firmFinancial yearFirm registration number
UDAYA RAJ RAO & ASSOCIATESFY 201710996S

Shareholding

The shareholding of Salvation Chitties 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 categoryFY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Salvation Chitties Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Salvation Chitties Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

No GST registration is on our record for Salvation Chitties Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Salvation Chitties Private Limited has 5 board changes on record since 2001: 4 appointments and 1 cessation. The latest: Joseph Devassy Menachery ceased to be Director on 10 May 2012.

AGM
Salvation Chitties Private Limited last Annual general meeting of members was held on 12 Sep 2024 as per latest MCA records.
Filing
Salvation Chitties Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ernakulam.
Ceased
Joseph Devassy Menachery ceased to be Director.
Appointed
Joseph Devassy Menachery was appointed as Director.
Appointed
Ponmany Ouseph Robin was appointed as Director.
Appointed
Pulikottil Joseph Johny was appointed as Director.
Appointed
Sunil Sabu Malakkal Mulakkan was appointed as Managing Director.
Incorporation
08 May 2001
Salvation Chitties Private Limited was registered on 08 May 2001 with Roc Ernakulam & aged 25 years 5 months as per MCA records.

Frequently asked questions

Salvation Chitties is an active private limited company based in Thrissur, Kerala, India. The company works in financial activities, within the financial services industry. It was incorporated on 08 May 2001 (25+ years old) and is registered under CIN U65992KL2001PTC014701.

Salvation Chitties has 3 current directors:

The latest financial statements of Salvation Chitties on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 12 September 2024. Year-wise statements from 2015 are in the company report.

The CIN (Corporate Identification Number) of Salvation Chitties is U65992KL2001PTC014701. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Salvation Chitties has 26 court cases on record: 17 filed by the company and 9 filed against it. 3 are pending.

Salvation Chitties was incorporated on 08 May 2001, making it 25+ years old. It is registered with the Registrar of Companies, Ernakulam.

The peers of Salvation Chitties by revenue are Zidane Investec Services Private Limited, Chaithannya Dhana Nidhi Limited, Blueseed Fintech Private Limited, Investify Wealth Tech Private Limited, Manartha Solutions Private Limited and 5 more, all in the same principal business activity (other financial activities).

Joseph Devassy Menachery ceased to be Director on 10 May 2012. Joseph Devassy Menachery was appointed as Director on 14 Sep 2001. Ponmany Ouseph Robin was appointed as Director on 11 Sep 2001. Salvation Chitties has 5 board changes on record in total.

The registered office of Salvation Chitties is at Tc – X4613 Eastend Plaza Rice Bazar, Thrissur, Kerala, India – 680001.

Salvation Chitties operates in the financial services industry, in the financial activities segment.

The compliance status of Salvation Chitties is compliant as of 16 July 2026. The company is actively filing with the Registrar of Companies.