About Sudhabhagya Chits Private Limited
Data last updated:
Sudhabhagya Chits Private Limited is a private limited company based in Aurangabad, Maharashtra, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 10 August 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U65100MH2011PTC220804. Its GSTIN is 27AAQCS2998J2ZD (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Bhagchand Bajirao Laghane and Sudhakar Bhagchand Laghane.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Plot No – 16/B Anandvan Housing Society C – 2 N – 7 Cidco, Aurangabad, Maharashtra, India – 413003.
As per the financials filed for FY 2021, the company reported a revenue of ₹64.31 Lakh, a decline of 15% compared to the previous year. For the same year it recorded a net profit of ₹3.11 Lakh (net margin 4.8%) and EBITDA of ₹12.07 Lakh (EBITDA margin 18.8%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 7% over five years.
The company is associated with 1 brand: Sudha Bhagyachits. Court records list 30 cases involving the company, including 22 filed by the company and 8 filed against it; 14 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website sudhabhagyachits.in.
Company details
Contact details
Sudhabhagya Chits Private Limited's registered office is in Aurangabad, Maharashtra. Its website is sudhabhagyachits.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No – 16/B Anandvan Housing Society C – 2 N – 7 Cidco, Aurangabad, Maharashtra, India – 413003
- IndustryFinancial Services, Diversified Financial Services, Microfinance Institutions
To see the full contact details of Sudhabhagya 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
Brands
Sudhabhagya Chits operates one associated brand: Sudha Bhagyachits. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Website optimization, audits, and SEO services in the digital sector. | sudhabhagyachits.in |
Business activity
The main business activity of Sudhabhagya 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 Sudhabhagya Chits Private Limited, buy the company report.
Financials of Sudhabhagya Chits Private Limited
FY 2021 filings availableSudhabhagya Chits Private Limited reported revenue of ₹64.31 Lakh (down 15% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue fell 15% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 7%. EBITDA fell 24% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| 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 | ₹12.07 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.11 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 18.8% | ||||
| Net Profit Margin | 4.8% | ||||
| 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 Sudhabhagya Chits Private Limited, buy the company report.
Board of directors of Sudhabhagya Chits Private Limited
Sudhabhagya Chits has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhagchand Bajirao Laghane Also directs: Balram Realties Private Limited, Sudhabhagya Nidhi Limited | Director | 10 Aug 2011 | 15 Years 3 Months | Current |
| Sudhakar Bhagchand Laghane Also directs: Balram Realties Private Limited | Director | 10 Aug 2011 | 15 Years 3 Months | Current |
Peer comparison
Sudhabhagya Chits Private Limited is compared with the 3 companies closest to it by revenue in the BFSI industry (Micro Finance, Other Financial Services), 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 |
|---|---|---|---|---|---|---|
| Rakhee Dyechem Private Limited | ₹64.42 Lakh (FY 2016) | 143.0% | Mumbai, Maharashtra, India | |||
| Pallavan Nidhi Limited | ₹64.34 Lakh (FY 2025) | 11.0% | Chennai, Tamil Nadu, India | |||
| Sudhabhagya Chits Private Limitedthis company | ₹64.31 Lakh (FY 2021) | ₹3.11 Lakh | 4.8% | -15.0% | Aurangabad, Maharashtra, India | |
| Mekala Sai Chandra Chitfunds India Private Limited | ₹64.22 Lakh (FY 2017) | 46.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Sudhabhagya Chits Private Limited, buy the company report.
Auditor
Sudhabhagya Chits Private Limited is audited by A R TAWANI & COMPANY for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A R TAWANI & COMPANY | FY 2018 | 138469W |
Shareholding
The shareholding of Sudhabhagya Chits Private Limited is on record for 4 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Sudhabhagya Chits Private Limited, buy the company report.
Legal cases
Sudhabhagya Chits Private Limited has 30 court cases on record: 22 filed by Sudhabhagya Chits, 8 filed against it. 14 cases are pending and 16 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 30 | 8 | 14 |
Cases on record (5 of 30)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Aurangabad, Maharashtra | Civil suit | Filed against the company by an individual | Pending |
| District court, Aurangabad, Maharashtra | Civil suit | Filed against the company by an individual | Pending |
| District court, Aurangabad, Maharashtra | Civil suit | Filed against the company by an individual | Pending |
| District court, Aurangabad, Maharashtra | Civil suit | Filed against the company by an individual | Pending |
| District court, Jalna, Maharashtra | Civil suit | Filed against the company by an individual | Pending |
To see the full case history of Sudhabhagya 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 Sudhabhagya Chits Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sudhabhagya Chits has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAQCS2998J2ZD | Maharashtra | Active | 05 Sep 2017 |
To see the full GST registrations and return filing status of Sudhabhagya Chits Private Limited, buy the company report.
Recent activity
Sudhabhagya Chits Private Limited has 2 board changes on record since 2011: 2 appointments. The latest: Bhagchand Bajirao Laghane was appointed as Director on 10 Aug 2011.
Frequently asked questions
Sudhabhagya Chits is an active private limited company based in Aurangabad, Maharashtra, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 10 August 2011 (15+ years old) and is registered under CIN U65100MH2011PTC220804.
Sudhabhagya Chits has 2 current directors:
- Bhagchand Bajirao Laghane - Director
- Sudhakar Bhagchand Laghane - Director
The latest financial statements of Sudhabhagya Chits on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
The GSTIN of Sudhabhagya Chits is 27AAQCS2998J2ZD, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Sudhabhagya Chits is U65100MH2011PTC220804. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sudhabhagya Chits has 30 court cases on record: 22 filed by the company and 8 filed against it. 14 are pending.
Sudhabhagya Chits was incorporated on 10 August 2011, making it 15+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Sudhabhagya Chits by revenue are Rakhee Dyechem Private Limited, Pallavan Nidhi Limited, Mekala Sai Chandra Chitfunds India Private Limited, all in the BFSI industry (Micro Finance, Other Financial Services), with the same principal business activity (other financial activities).
Bhagchand Bajirao Laghane was appointed as Director on 10 Aug 2011. Sudhakar Bhagchand Laghane was appointed as Director on 10 Aug 2011.
Sudhabhagya Chits can be reached through the website sudhabhagyachits.in. Its registered office is in Aurangabad, Maharashtra, India.
The registered office of Sudhabhagya Chits is at Plot No – 16B Anandvan Housing Society C – 2 N – 7 Cidco, Aurangabad, Maharashtra, India – 413003.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
