Thandiakkal Chits Private Limited
About Thandiakkal Chits Private Limited
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Thandiakkal Chits Private Limited is a private limited company based in Thrissur, Kerala, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 26 April 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U65100KL2016PTC045545.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Sarika Binil and Lini Raju.
Its last annual general meeting (AGM) was held on 05 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Room No 3/376E Ayush Arcade Anthikad Grama Panchayath Anthikad P.O, Thrissur, Kerala, India – 680641.
As per the financials filed for FY 2022, the company reported a revenue of ₹26,950, a decline of 62% compared to the previous year. For the same year it recorded a net loss of ₹1.5 Lakh and EBITDA of -₹1.06 Lakh (EBITDA margin -393.5%). Revenue has declined at a compounded annual rate (CAGR) of 67% over three years and 46% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressRoom No 3/376E Ayush Arcade Anthikad Grama Panchayath Anthikad P.O, Thrissur, Kerala, India – 680641
- IndustryFinancial Services, Financial Activities
- 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
- One PDF report, delivered after checkout
Business Activity of Thandiakkal Chits Private Limited
The main business activity of Thandiakkal Chits is financial and insurance service. In detail, this covers other financial activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Thandiakkal Chits Private Limited FY 2022 filings available
Thandiakkal Chits Private Limited reported revenue of ₹26,950 (down 62% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR) of Thandiakkal Chits Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 46% over five years, including a 62% fall 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 of Thandiakkal Chits Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| 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 | -₹1.06 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1.5 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 of Thandiakkal Chits Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -393.5% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Thandiakkal Chits are in the company report.
Financial statements from FY 2017
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Thandiakkal Chits Private Limited
Thandiakkal Chits Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Other financial activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| SB Devasree Chit Funds Private Limited | ₹27,000 (FY 2023) | •••• | •••• | 800.0% | •••• | Kancheepuram, Tamil Nadu, India |
| GPN Associates Private Limited | ₹27,000 (FY 2025) | •••• | •••• | -100.0% | •••• | New Delhi, Delhi, India |
| GCJ Securities Private Limited | ₹27,000 (FY 2025) | •••• | •••• | -73.0% | •••• | Jaipur, Rajasthan, India |
| Tea Quotas Pvt Ltd | ₹27,000 (FY 2025) | •••• | •••• | 4.0% | •••• | Kolkata, West Bengal, India |
| Deshing Gramin Nidhi Limited | ₹26,980 (FY 2022) | •••• | •••• | •••• | Sangli, Maharashtra, India | |
| Thandiakkal Chits Private Limited this company | ₹26,950 (FY 2022) | •••• | •••• | -62.0% | •••• | Thrissur, Kerala, India |
| M G P Tech Private Limited | ₹26,890 (FY 2024) | •••• | •••• | •••• | Udupi, Karnataka, India | |
| Sankalp Vruksh Urban Multipurpose Nidhi Limited | ₹26,885 (FY 2022) | •••• | •••• | •••• | Kolhapur, Maharashtra, India | |
| Goodfaith Trading Private Limited | ₹26,860 (FY 2016) | •••• | •••• | -96.0% | •••• | Kolkata, West Bengal, India |
| Sukhseva Nidhi Limited | ₹26,822 (FY 2019) | •••• | •••• | •••• | Jaipur, Rajasthan, India | |
| Nivedan Vyapaar Private Limited | ₹26,780 (FY 2023) | •••• | •••• | -98.0% | •••• | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Thandiakkal Chits by revenue in the same principal business activity (Other financial activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Thandiakkal Chits Private Limited
Thandiakkal Chits Private Limited is audited by CHEERAN VARGHEESE & CO for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| CHEERAN VARGHEESE & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Thandiakkal Chits Private Limited
Thandiakkal 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 |
|---|---|---|---|---|
| Sarika Binil Also directs: Thandiakkal Nidhi Limited | Director | 26 Apr 2016 | 10 Years 5 Months | Current |
| Lini Raju Also directs: Thandiakkal Nidhi Limited | Director | 20 Feb 2019 | 7 Years 7 Months | Current |
| Raju Thandiakkal Vasu Also directs: Thandiakkal Nidhi Limited | Director | 26 Apr 2016 | 10 Years 5 Months | Current |
Ownership and Shareholding of Thandiakkal Chits Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Thandiakkal Chits Private Limited
Thandiakkal Chits Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Thandiakkal Chits Private Limited
Employment history and EPFO contributions of people linked to Thandiakkal Chits.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Thandiakkal Chits Private Limited
Thandiakkal Chits Private Limited has 5 board changes on record since 2016: 3 appointments and 2 cessations. The latest: Lini Raju was appointed as Director on 20 Feb 2019.
Credit Ratings, Litigation & Regulatory Alerts for Thandiakkal Chits Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Thandiakkal Chits Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Thandiakkal Chits Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Thandiakkal Chits Private Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Thandiakkal Chits Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Thandiakkal Chits Private Limited
Thandiakkal Chits is an active private limited company based in Thrissur, Kerala, India. The company works in financial activities, within the financial services industry. It was incorporated on 26 April 2016 (10+ years old) and is registered under CIN U65100KL2016PTC045545.
Thandiakkal Chits reported revenue of ₹26,950 for FY 2022 (down 62% YoY).
Thandiakkal Chits has 3 current directors:
- Sarika Binil - Director
- Lini Raju - Director
- Raju Thandiakkal Vasu - Director
Thandiakkal Chits reported a net loss of ₹1.5 Lakh and EBITDA of -₹1.06 Lakh (EBITDA margin -393.5%) for FY 2022, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Thandiakkal Chits is -67% over three years and -46% over five years. In the latest year (FY 2022) revenue fell 62%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Thandiakkal Chits is U65100KL2016PTC045545. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Thandiakkal Chits was incorporated on 26 April 2016, making it 10+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Thandiakkal Chits by revenue are SB Devasree Chit Funds Private Limited, GPN Associates Private Limited, GCJ Securities Private Limited, Tea Quotas Pvt Ltd, Deshing Gramin Nidhi Limited and 5 more, all in the same principal business activity (Other financial activities).
Lini Raju was appointed as Director on 20 Feb 2019. Dileep Thandiakkal Vasu ceased to be Director on 15 Dec 2017. Thandiakkal Vasu Sheela ceased to be Director on 25 Jan 2017. Thandiakkal Chits has 5 board changes on record in total.
The registered office of Thandiakkal Chits is at Room No 3376E Ayush Arcade Anthikad Grama Panchayath Anthikad P.O, Thrissur, Kerala, India – 680641.
Thandiakkal Chits has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh.