Thaarai Chits Private Limited
About Thaarai Chits Private Limited
Data last updated:
Thaarai Chits Private Limited is a private limited company based in Salem, Tamil Nadu, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 30 June 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U65992TZ2003PTC010651. Its GSTIN is 33AACCT5871D1ZH (Tamil Nadu).
The company has an authorised share capital of ₹3 Lakh and a paid-up capital of ₹3 Lakh. It is led by directors Kumaravelu and Rajaganapathi.
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 28 Lic Colonythaarai Pullikulam Illam Vasantham Hotel Road, Salem, Tamil Nadu, India – 636004.
As per the financials filed for FY 2025, the company reported a revenue of ₹85.92 Lakh, a growth of 13% compared to the previous year. For the same year it recorded a net profit of ₹6.27 Lakh (net margin 7.3%) and EBITDA of ₹8.15 Lakh (EBITDA margin 9.5%). Revenue has grown at a compounded annual rate (CAGR) of 89% over three years and 48% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Thaarai Chits Private Limited's registered office is in Salem, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address28 Lic Colonythaarai Pullikulam Illam Vasantham Hotel Road, Salem, Tamil Nadu, India – 636004
- IndustryFinancial Services, Financial Activities
To see the full contact details of Thaarai 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 Thaarai 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 Thaarai Chits Private Limited, buy the company report.
Financials of Thaarai Chits Private Limited
FY 2025 filings availableThaarai Chits Private Limited reported revenue of ₹85.92 Lakh (up 13% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 48% over five years, including 13% growth in the latest year. EBITDA rose 21% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹8.15 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹6.27 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.5% | ||||
| Net Profit Margin | 7.3% | ||||
| 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 Thaarai Chits Private Limited, buy the company report.
Board of directors of Thaarai Chits Private Limited
Thaarai Chits has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kumaravelu | Director | 17 Nov 2022 | 3 Years 11 Months | Current |
| Rajaganapathi Also directs: Kasthuri Medical Mission | Director | 30 Jun 2003 | 23 Years 4 Months | Current |
Peer comparison
Thaarai Chits Private Limited is compared with the 10 companies closest to it by revenue in 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 |
|---|---|---|---|---|---|---|
| Kamna Deposits and Advances Pvt Ltd | ₹86.03 Lakh (FY 2025) | 9.0% | Ghaziabad, Uttar Pradesh, India | |||
| Shree T K Leasing and Finance Private Limited | ₹86.02 Lakh (FY 2025) | 54.0% | New Delhi, Delhi, India | |||
| Variable Plaza Pvt Ltd | ₹85.98 Lakh (FY 2025) | -37.0% | Kolkata, West Bengal, India | |||
| RMG Nidhi Limited | ₹85.95 Lakh (FY 2025) | 5.0% | Chennai, Tamil Nadu, India | |||
| Giriraj Nirman Private Limited | ₹85.93 Lakh (FY 2025) | 22.0% | Delhi, India | |||
| Thaarai Chits Private Limitedthis company | ₹85.92 Lakh (FY 2025) | ₹6.27 Lakh | 7.3% | 13.0% | Salem, Tamil Nadu, India | |
| Dsfe Nidhi Limited | ₹85.91 Lakh (FY 2025) | 40.0% | Karamana P O, Kerala, India | |||
| Camlin Tie Up Pvt Ltd | ₹85.9 Lakh (FY 2024) | -54.0% | Kolkata, West Bengal, India | |||
| Dimensional Investors Services Pvt.Ltd. | ₹85.89 Lakh (FY 2025) | 116.0% | Kolkata, West Bengal, India | |||
| Skyler Enterprises Private Limited | ₹85.88 Lakh (FY 2021) | -43.0% | Mumbai, Maharashtra, India | |||
| Kaiypeti Chits Private Limited | ₹85.88 Lakh (FY 2024) | 15.0% | Coimbatore, Tamil Nadu, India |
To see the full peer comparison of Thaarai Chits Private Limited, buy the company report.
Auditor
Thaarai Chits Private Limited is audited by V.ELANGOVAN AND ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V.ELANGOVAN AND ASSOCIATES | FY 2017 | 014161S |
Shareholding
The shareholding of Thaarai Chits Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Thaarai Chits Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Thaarai 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 Thaarai Chits Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Thaarai Chits has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AACCT5871D1ZH | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Thaarai Chits Private Limited, buy the company report.
Recent activity
Thaarai Chits Private Limited has 6 board changes on record since 2003: 2 appointments and 4 cessations. The latest: Kumaravelu ceased to be Additional Director on 29 Sep 2023.
Frequently asked questions
Thaarai Chits is an active private limited company based in Salem, Tamil Nadu, India. The company works in financial activities, within the financial services industry. It was incorporated on 30 June 2003 (23+ years old) and is registered under CIN U65992TZ2003PTC010651.
Thaarai Chits has 2 current directors:
- Kumaravelu - Director
- Rajaganapathi - Director
The latest financial statements of Thaarai 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 2015 are in the company report.
The GSTIN of Thaarai Chits is 33AACCT5871D1ZH, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Thaarai Chits is U65992TZ2003PTC010651. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Thaarai Chits was incorporated on 30 June 2003, making it 23+ years old. It is registered with the Registrar of Companies, Coimbatore.
The peers of Thaarai Chits by revenue are Kamna Deposits and Advances Pvt Ltd, Shree T K Leasing and Finance Private Limited, Variable Plaza Pvt Ltd, RMG Nidhi Limited, Giriraj Nirman Private Limited and 5 more, all in the same principal business activity (other financial activities).
Kumaravelu ceased to be Additional Director on 29 Sep 2023. Kumaravelu was appointed as Director on 17 Nov 2022. Tharamangalam Kumaravelu Tamilselvam ceased to be Director on 17 Nov 2022. Thaarai Chits has 6 board changes on record in total.
The registered office of Thaarai Chits is at 28 Lic Colonythaarai Pullikulam Illam Vasantham Hotel Road, Salem, Tamil Nadu, India – 636004.
Thaarai Chits operates in the financial services industry, in the financial activities segment.
The compliance status of Thaarai Chits is compliant as of 31 August 2026. The company is actively filing with the Registrar of Companies.
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.
