Samgudur Chits Private Limited
About Samgudur Chits Private Limited
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Samgudur Chits Private Limited is a private limited company based in Gudur, Karnataka, India. It operates in the financial intermediation and lending segment of the financial services sector. It was incorporated on 01 January 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U65929KA2019PTC119922.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Shashikant and Mahantagoud Laxmanagoud Patil.
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 # 533 Ward No.8 Near Maliyappa Math Main Road, Gudur, Karnataka, India – 587202.
As per the financials filed for FY 2022, the company reported a revenue of ₹48,500, a decline of 17% compared to the previous year. For the same year it recorded a net loss of ₹61,070 (net margin -125.9%) and EBITDA of -₹33,660 (EBITDA margin -69.4%).
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- Registered Address# 533 Ward No.8 Near Maliyappa Math Main Road, Gudur, Karnataka, India – 587202
- IndustryFinancial Services, Other Financial Intermediation, Credit Allocation Agencies, Pawn Shops
- 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 Samgudur Chits Private Limited
The main business activity of Samgudur 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 Samgudur Chits Private Limited FY 2022 filings available
Samgudur Chits Private Limited reported revenue of ₹48,500 (down 17% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR) of Samgudur Chits Private Limited
Revenue fell 17% in the latest year. EBITDA fell 94% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Samgudur Chits Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|
| 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 | -₹33,660 | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹61,070 | •••• | •••• | •••• |
| 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 Samgudur Chits Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -69.4% | •••• | •••• | •••• |
| Net Profit Margin | -125.9% | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• |
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 Samgudur Chits are in the company report.
Financial statements from FY 2019
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 Samgudur Chits Private Limited
Samgudur Chits has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shashikant | Director | 01 Jan 2019 | 7 Years 9 Months | Current |
| Mahantagoud Laxmanagoud Patil | Director | 01 Jan 2019 | 7 Years 9 Months | Current |
Peer Comparison of Samgudur Chits Private Limited
Samgudur 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 |
|---|---|---|---|---|---|---|
| Kanha Kripa Microfinance Foundation | ₹48,750 (FY 2024) | •••• | •••• | 12.0% | •••• | Valsad, Gujarat, India |
| Dhan Jeewan Saubhagya Mutual Benefit Nidhi Limited | ₹48,749 (FY 2021) | •••• | •••• | •••• | Sitamarhi, Bihar, India | |
| Devendra Mutual Benefit Nidhi Limited | ₹48,736 (FY 2020) | •••• | •••• | •••• | Muzaffarpur, Bihar, India | |
| Mauli Financial Services Private Limited | ₹48,520 (FY 2023) | •••• | •••• | -3.0% | •••• | Jalna, Maharashtra, India |
| Varanasi Iron and Ispat Private Limited | ₹48,502 (FY 2025) | •••• | •••• | 7.0% | •••• | Varanasi, Uttar Pradesh, India |
| Samgudur Chits Private Limited this company | ₹48,500 (FY 2022) | •••• | •••• | -17.0% | •••• | Gudur, Karnataka, India |
| Mount Shivalik Softsolution Private Limited | ₹48,500 (FY 2025) | •••• | •••• | -1.0% | •••• | Delhi, India |
| Gold Coin Nidhi Limited | ₹48,493 (FY 2021) | •••• | •••• | •••• | Gopalganj, Bihar, India | |
| Alize India Nidhi Limited | ₹48,484 (FY 2025) | •••• | •••• | -13.0% | •••• | New Delhi, Delhi, India |
| Starland Vinimay Private Limited | ₹48,400 (FY 2025) | •••• | •••• | 1.0% | •••• | Kolkata, West Bengal, India |
| Thrissiva Peroor Kuries Private Limited | ₹48,262 (FY 2024) | •••• | •••• | -70.0% | •••• | Thrissur, Kerala, India |
Peers are the five companies nearest above and the five nearest below Samgudur 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.
Ownership and Shareholding of Samgudur 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 Samgudur Chits Private Limited
Samgudur Chits Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Samgudur Chits Private Limited
Employment history and EPFO contributions of people linked to Samgudur 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 Samgudur Chits Private Limited
Samgudur Chits Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Mahantagoud Laxmanagoud Patil was appointed as Director on 01 Jan 2019.
Credit Ratings, Litigation & Regulatory Alerts for Samgudur 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 Samgudur 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 Samgudur 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 Samgudur 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 Samgudur 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 Samgudur Chits Private Limited
Samgudur Chits is an active private limited company based in Gudur, Karnataka, India. The company works in other financial intermediation, within the financial services industry. It was incorporated on 01 January 2019 (7+ years old) and is registered under CIN U65929KA2019PTC119922.
Samgudur Chits reported revenue of ₹48,500 for FY 2022 (down 17% YoY).
Samgudur Chits has 2 current directors:
- Shashikant - Director
- Mahantagoud Laxmanagoud Patil - Director
Samgudur Chits reported a net loss of ₹61,070 (net margin -125.9%) and EBITDA of -₹33,660 (EBITDA margin -69.4%) for FY 2022, as per its filed financial statements.
The CIN (Corporate Identification Number) of Samgudur Chits is U65929KA2019PTC119922. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Samgudur Chits was incorporated on 01 January 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Samgudur Chits by revenue are Kanha Kripa Microfinance Foundation, Dhan Jeewan Saubhagya Mutual Benefit Nidhi Limited, Devendra Mutual Benefit Nidhi Limited, Mauli Financial Services Private Limited, Varanasi Iron and Ispat Private Limited and 5 more, all in the same principal business activity (Other financial activities).
Mahantagoud Laxmanagoud Patil was appointed as Director on 01 Jan 2019. Shashikant was appointed as Director on 01 Jan 2019.
The registered office of Samgudur Chits is at # 533 Ward No.8 Near Maliyappa Math Main Road, Gudur, Karnataka, India – 587202.
Samgudur Chits has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh.
Samgudur Chits operates in the financial services industry, in the other financial intermediation segment.