Srihimagiri Chits Private Limited
About Srihimagiri Chits Private Limited
Data last updated:
Srihimagiri Chits Private Limited was a private limited company based in Mancherial, Telangana, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the microfinance institutions segment of the financial services sector. It was incorporated on 30 June 2009.
The company was registered with the Registrar of Companies (ROC), Hyderabad, under CIN U65992TG2009PTC064202.
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It was led by directors Sathish Kumar Routhu and Anjaiah Kudire.
Its last annual general meeting (AGM) was held on 26 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at H.No.12 – 329/1 Islampura Bellampalli Road, Mancherial, Telangana, India – 504208.
As per the financials filed for FY 2017, the company reported a revenue of ₹42.49 Lakh, a decline of 23% compared to the previous year. For the same year it recorded a net profit of ₹76,647 (net margin 1.8%) and EBITDA of ₹1.14 Lakh (EBITDA margin 2.7%). Revenue has declined at a compounded annual rate (CAGR) of 5% over three years.
Court records list 5 cases involving the company, including 5 filed by the company.
Company details
CIN history
Srihimagiri Chits has one previous CIN (Corporate Identification Number): U65992AP2009PTC064202. The current CIN is U65992TG2009PTC064202, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65992TG2009PTC064202 | Current |
| U65992AP2009PTC064202 | Previous |
Contact details
Srihimagiri Chits Private Limited's registered office is in Mancherial, Telangana. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressH.No.12 – 329/1 Islampura Bellampalli Road, Mancherial, Telangana, India – 504208
- IndustryFinancial Services, Microfinance Institutions
To see the full contact details of Srihimagiri 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 Srihimagiri 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 Srihimagiri Chits Private Limited, buy the company report.
Financials of Srihimagiri Chits Private Limited
FY 2017 filings availableSrihimagiri Chits Private Limited reported revenue of ₹42.49 Lakh (down 23% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 5% over three years, including a 23% fall in the latest year. EBITDA fell 37% 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹42.49 Lakh | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹1.14 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹76,647 | ||
| 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 2.7% | ||
| Net Profit Margin | 1.8% | ||
| 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 | |||
To see the full financial statements and ratios of Srihimagiri Chits Private Limited, buy the company report.
Board of directors of Srihimagiri Chits Private Limited
Srihimagiri Chits has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sathish Kumar Routhu | Director | 30 Jun 2009 | 17 Years 4 Months | As last reported |
| Anjaiah Kudire | Director | 30 Jun 2009 | 17 Years 4 Months | As last reported |
Peer comparison
Srihimagiri 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 |
|---|---|---|---|---|---|---|
| CTS Chit Funds Private Limited | ₹42.97 Lakh (FY 2016) | 8.0% | Haryana, India | |||
| Shuba Shyamala Chit Fund Private Limited | ₹42.89 Lakh (FY 2025) | -24.0% | Hyderabad, Telangana, India | |||
| Ayappakkam TNHB Nidhi Limited | ₹42.82 Lakh (FY 2025) | 11.0% | Chennai, Tamil Nadu, India | |||
| Vazhakkala Kuries Private Limited | ₹42.68 Lakh (FY 2025) | 18.0% | Ernakulam, Kerala, India | |||
| Srihimagiri Chits Private Limitedthis company | ₹42.49 Lakh (FY 2017) | ₹76,647 | 1.8% | -23.0% | Mancherial, Telangana, India | |
| Mantralaya Sri Raghavendra Chit Funds Private Limited | ₹42.42 Lakh (FY 2023) | 18.0% | Vijayawada, Andhra Pradesh, India | |||
| Trichy Chit Funds Private Limited | ₹42.15 Lakh (FY 2025) | -6.0% | Tiruchirappalli, Tamil Nadu, India | |||
| Skyway Kuries Private Limited | ₹42.09 Lakh (FY 2021) | 45.0% | Sangli, Maharashtra, India | |||
| Nandikkara Wincoast Chits Private Limited | ₹42.09 Lakh (FY 2025) | -23.0% | Thrissur, Kerala, India |
To see the full peer comparison of Srihimagiri Chits Private Limited, buy the company report.
Shareholding
The shareholding of Srihimagiri Chits Private Limited is on record for FY 2017, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2017 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Srihimagiri Chits Private Limited, buy the company report.
Legal cases
Srihimagiri Chits Private Limited has 5 court cases on record: 5 filed by Srihimagiri Chits. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 0 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mancherial, Telangana | Execution petition | Filed by the company against an individual | Disposed |
| District court, Mancherial, Telangana | Execution petition | Filed by the company against an individual | Disposed |
| District court, Mancherial, Telangana | Execution petition | Filed by the company against an individual | Disposed |
| District court, Mancherial, Telangana | Execution petition | Filed by the company against an individual | Disposed |
| District court, Mancherial, Telangana | Execution petition | Filed by the company against an individual | Disposed |
To see the full case history of Srihimagiri 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 Srihimagiri 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 Srihimagiri Chits Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Srihimagiri Chits Private Limited has 2 board changes on record since 2009: 2 appointments. The latest: Anjaiah Kudire was appointed as Director on 30 Jun 2009.
Frequently asked questions
Srihimagiri Chits has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Srihimagiri Chits was a private limited company based in Mancherial, Telangana, India. The company worked in microfinance institutions, within the financial services industry. It was incorporated on 30 June 2009 and is registered under CIN U65992TG2009PTC064202. The company has been struck off by the Registrar of Companies and is no longer operational.
Srihimagiri Chits had 2 directors:
- Sathish Kumar Routhu - Director
- Anjaiah Kudire - Director
The CIN (Corporate Identification Number) of Srihimagiri Chits is U65992TG2009PTC064202. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Srihimagiri Chits is at H.No.12 – 3291 Islampura Bellampalli Road, Mancherial, Telangana, India – 504208.
Srihimagiri Chits was incorporated on 30 June 2009. It is registered with the Registrar of Companies, Hyderabad.
The latest financial statements of Srihimagiri Chits on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 26 September 2017. Year-wise statements from 2015 are in the company report.
Srihimagiri Chits operated in the financial services industry, in the microfinance institutions segment. It worked in this industry before it was struck off.
The peers of Srihimagiri Chits by revenue are CTS Chit Funds Private Limited, Shuba Shyamala Chit Fund Private Limited, Ayappakkam TNHB Nidhi Limited, Vazhakkala Kuries Private Limited, Mantralaya Sri Raghavendra Chit Funds Private Limited and 3 more, all in the BFSI industry (Micro Finance), with the same principal business activity (other financial activities).
Srihimagiri Chits has 5 court cases on record: 5 filed by the company.
Anjaiah Kudire was appointed as Director on 30 Jun 2009. Sathish Kumar Routhu was appointed as Director on 30 Jun 2009.
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