Sri Muruga Bala Chits Private Limited
About Sri Muruga Bala Chits Private Limited
Data last updated:
Sri Muruga Bala Chits Private Limited is a private limited company based in Manapparai, Tamil Nadu, India. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 23 May 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U67100TN2018PTC122859.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Ganesan Thekkaraj and Kalimuthu Balaji.
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 No 1/515 Sirumalar Illam Vairampatty Road Vaiyampatty, Manapparai, Tamil Nadu, India – 621315.
As per the financials filed for FY 2022, the company reported a revenue of ₹24,000, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹1.46 Lakh and EBITDA of -₹1.03 Lakh (EBITDA margin -428.5%).
Court records list 5 cases involving the company, including 2 filed by the company and 3 filed against it; 1 case is pending.
Company details
Contact details
Sri Muruga Bala Chits Private Limited's registered office is in Manapparai, Tamil Nadu. Its e-mail address is in the company report.
- Email
- Registered AddressNo 1/515 Sirumalar Illam Vairampatty Road Vaiyampatty, Manapparai, Tamil Nadu, India – 621315
- IndustryFinancial Services, Microfinance Institutions
To see the full contact details of Sri Muruga Bala 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 Muruga Bala 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 Muruga Bala Chits Private Limited, buy the company report.
Financials of Sri Muruga Bala Chits Private Limited
FY 2022 filings availableSri Muruga Bala Chits Private Limited reported revenue of ₹24,000 (up 1100% YoY) for FY 2022.
Financial Statement Summary
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ₹24,000 | |||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹1.03 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹1.46 Lakh | |||
| 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -428.5% | |||
| Net Profit Margin | ||||
| 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 Muruga Bala Chits Private Limited, buy the company report.
Board of directors of Sri Muruga Bala Chits Private Limited
Sri Muruga Bala Chits has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vinitha | Additional Director | 26 Feb 2021 | 5 Years 8 Months | Current |
| Ganesan Thekkaraj | Director | 09 Oct 2020 | 6 Years 1 Months | Current |
| Kalimuthu Balaji Also directs: Sree Karpagathanan Chits Private Limited | Director | 03 Mar 2021 | 5 Years 8 Months | Current |
Peer comparison
Sri Muruga Bala Chits Private Limited is compared with the 4 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 |
|---|---|---|---|---|---|---|
| R P S Micro Finance | ₹26,470 (FY 2025) | -11.0% | Lucknow, Uttar Pradesh, India | |||
| Gramin Vikas Micro Finance Foundation | ₹26,084 (FY 2024) | 21.0% | Ballia, Uttar Pradesh, India | |||
| Sri Muruga Bala Chits Private Limitedthis company | ₹24,000 (FY 2022) | -₹1.46 Lakh | 1100.0% | Manapparai, Tamil Nadu, India | ||
| Jeevan Jyoti Micro Finance Association | ₹23,600 (FY 2025) | -53.0% | Varanasi, Uttar Pradesh, India | |||
| Dhanlakshya Magadh Nidhi Limited | ₹23,184 (FY 2020) | Patna, Bihar, India |
To see the full peer comparison of Sri Muruga Bala Chits Private Limited, buy the company report.
Legal cases
Sri Muruga Bala Chits Private Limited has 5 court cases on record: 2 filed by Sri Muruga Bala Chits, 3 filed against it. 1 case is pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 3 | 1 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Tiruchirappalli, Tamil Nadu | Criminal case | Filed against the company | Pending |
| District court, Dindigul, Tamil Nadu | Criminal miscellaneous application | Filed against the company by an individual | Disposed |
| District court, Dindigul, Tamil Nadu | Criminal miscellaneous application | Filed by the company against an individual | Disposed |
| District court, Dindigul, Tamil Nadu | Criminal miscellaneous application | Filed by the company against an individual | Disposed |
| District court, Dindigul, Tamil Nadu | Criminal complaint | Filed against the company by an individual | Disposed |
To see the full case history of Sri Muruga Bala Chits Private 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 Sri Muruga Bala 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 Muruga Bala Chits Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Sri Muruga Bala Chits Private Limited has 7 board changes on record since 2018: 5 appointments and 2 cessations. The latest: Kalimuthu Balaji was appointed as Director on 03 Mar 2021.
Frequently asked questions
Sri Muruga Bala Chits is an active private limited company based in Manapparai, Tamil Nadu, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 23 May 2018 (8+ years old) and is registered under CIN U67100TN2018PTC122859.
Sri Muruga Bala Chits has 3 current directors:
- Vinitha - Additional Director
- Ganesan Thekkaraj - Director
- Kalimuthu Balaji - Director
The latest financial statements of Sri Muruga Bala Chits on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from FY 2019 are in the company report.
The CIN (Corporate Identification Number) of Sri Muruga Bala Chits is U67100TN2018PTC122859. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sri Muruga Bala Chits has 5 court cases on record: 2 filed by the company and 3 filed against it. 1 is pending.
Sri Muruga Bala Chits was incorporated on 23 May 2018, making it 8+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Sri Muruga Bala Chits by revenue are R P S Micro Finance, Gramin Vikas Micro Finance Foundation, Jeevan Jyoti Micro Finance Association, Dhanlakshya Magadh Nidhi Limited, all in the BFSI industry (Micro Finance), with the same principal business activity (other financial activities).
Kalimuthu Balaji was appointed as Director on 03 Mar 2021. Santhiyagu George Fernandez ceased to be Director on 27 Feb 2021. Vinitha was appointed as Additional Director on 26 Feb 2021. Sri Muruga Bala Chits has 7 board changes on record in total.
The registered office of Sri Muruga Bala Chits is at No 1515 Sirumalar Illam Vairampatty Road Vaiyampatty, Manapparai, Tamil Nadu, India – 621315.
Sri Muruga Bala Chits operates in the financial services industry, in the microfinance institutions segment.
Sri Muruga Bala Chits can be reached at its registered office: No 1515 Sirumalar Illam Vairampatty Road Vaiyampatty, Manapparai, Tamil Nadu, India – 621315.
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