Sri Devibala Chits Private Limited
About Sri Devibala Chits Private Limited
Data last updated:
Sri Devibala Chits Private Limited is a private limited company based in Tirupur, Tamil Nadu, India. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 23 January 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U65999TZ2017PTC028393.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Arunachalam Muthusamy and Muthusamy Kanchana.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Door No.2/212 Puthu Amman Koil Street Veerapandi B/S Amman Kovil, Tirupur, Tamil Nadu, India – 641605.
As per the financials filed for FY 2024, the company reported a revenue of ₹9.74 Lakh, a growth of 13% compared to the previous year. For the same year it recorded a net profit of ₹63,671 (net margin 6.5%) and EBITDA of ₹86,736 (EBITDA margin 8.9%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years and 7% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Sri Devibala Chits Private Limited's registered office is in Tirupur, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressDoor No.2/212 Puthu Amman Koil Street Veerapandi B/S Amman Kovil, Tirupur, Tamil Nadu, India – 641605
- IndustryFinancial Services, Microfinance Institutions
To see the full contact details of Sri Devibala Chits 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 Sri Devibala 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 Sri Devibala Chits Private Limited, buy the company report.
Financials of Sri Devibala Chits Private Limited
FY 2025 filings availableSri Devibala Chits Private Limited reported revenue of ₹9.74 Lakh (up 13% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 7% over five years, including 13% growth in the latest year. EBITDA rose 17% 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 | ₹86,736 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹63,671 | ||||
| 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 | 8.9% | ||||
| Net Profit Margin | 6.5% | ||||
| 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 Sri Devibala Chits Private Limited, buy the company report.
Board of directors of Sri Devibala Chits Private Limited
Sri Devibala Chits has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arunachalam Muthusamy | Director | 23 Jan 2017 | 9 Years 9 Months | Current |
| Muthusamy Kanchana | Director | 23 Jan 2017 | 9 Years 9 Months | Current |
Peer comparison
Sri Devibala Chits Private Limited is compared with the 8 companies closest to it by revenue in the BFSI industry (Micro Finance), 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 |
|---|---|---|---|---|---|---|
| Taruni Chit Funds Siddipet Private Limited | ₹9.85 Lakh (FY 2021) | 7.0% | Siddipet, Telangana, India | |||
| Sukriti Nidhi Limited | ₹9.82 Lakh (FY 2022) | 69.0% | Patna, Bihar, India | |||
| Vidhaan Nidhi Limited | ₹9.79 Lakh (FY 2024) | 24.0% | Jaipur, Rajasthan, India | |||
| Satyabala Nidhi Limited | ₹9.79 Lakh (FY 2024) | 11.0% | Chennai, Tamil Nadu, India | |||
| Sri Devibala Chits Private Limitedthis company | ₹9.74 Lakh (FY 2024) | ₹63,671 | 6.5% | 13.0% | Tirupur, Tamil Nadu, India | |
| Jai Sai Chit Funds India Private Limited | ₹9.73 Lakh (FY 2023) | 59.0% | Tiruchirappalli, Tamil Nadu, India | |||
| V L Chits Fund Private Limited | ₹9.68 Lakh (FY 2025) | 33.0% | Gorakhpur, Uttar Pradesh, India | |||
| G. God Father Chit Fund Private Limited | ₹9.67 Lakh (FY 2025) | 1.0% | New Delhi, Delhi, India | |||
| Moneygarden Kuries Private Limited | ₹9.67 Lakh (FY 2025) | 44.0% | Irinjalakuda, Kerala, India |
To see the full peer comparison of Sri Devibala Chits Private Limited, buy the company report.
Shareholding
The shareholding of Sri Devibala Chits Private Limited is on record for FY 2019, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2019 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Sri Devibala Chits Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Sri Devibala Chits 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 Sri Devibala Chits 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 Sri Devibala Chits Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Sri Devibala Chits Private Limited has 2 board changes on record since 2017: 2 appointments. The latest: Arunachalam Muthusamy was appointed as Director on 23 Jan 2017.
Frequently asked questions
Sri Devibala Chits is an active private limited company based in Tirupur, Tamil Nadu, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 23 January 2017 (9+ years old) and is registered under CIN U65999TZ2017PTC028393.
Sri Devibala Chits has 2 current directors:
- Arunachalam Muthusamy - Director
- Muthusamy Kanchana - Director
The latest financial statements of Sri Devibala Chits on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2017 are in the company report.
The CIN (Corporate Identification Number) of Sri Devibala Chits is U65999TZ2017PTC028393. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sri Devibala Chits was incorporated on 23 January 2017, making it 9+ years old. It is registered with the Registrar of Companies, Coimbatore.
The peers of Sri Devibala Chits by revenue are Taruni Chit Funds Siddipet Private Limited, Sukriti Nidhi Limited, Vidhaan Nidhi Limited, Satyabala Nidhi Limited, Jai Sai Chit Funds India Private Limited and 3 more, all in the BFSI industry (Micro Finance), with the same principal business activity (other financial activities).
Arunachalam Muthusamy was appointed as Director on 23 Jan 2017. Muthusamy Kanchana was appointed as Director on 23 Jan 2017.
The registered office of Sri Devibala Chits is at Door No.2212 Puthu Amman Koil Street Veerapandi BS Amman Kovil, Tirupur, Tamil Nadu, India – 641605.
Sri Devibala Chits operates in the financial services industry, in the microfinance institutions segment.
The compliance status of Sri Devibala Chits is compliant as of 27 September 2026. The company is actively filing with the Registrar of Companies.
Sri Devibala Chits can be reached at its registered office: Door No.2212 Puthu Amman Koil Street Veerapandi BS Amman Kovil, Tirupur, Tamil Nadu, India – 641605.