Yadugiri Chits Private Limited
About Yadugiri Chits Private Limited
Data last updated:
Yadugiri Chits Private Limited is a private limited company based in Mysore, Karnataka, India. It operates in the financial intermediation and lending segment of the financial services sector. It was incorporated on 03 October 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U65992KA2013PTC071261.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Venkategowda Krishnegowda and Hosakote Shivarame Gowda Manjunath.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at No.4 7th Main Road Gokulam 3rd Stage, Mysore, Karnataka, India – 570002.
As per the financials filed for FY 2019, the company reported a revenue of ₹47,519, a decline of 76% compared to the previous year. For the same year it recorded a net loss of ₹1.07 Lakh (net margin -225.1%) and EBITDA of -₹85,481 (EBITDA margin -179.9%). Revenue has grown at a compounded annual rate (CAGR) of 53% over three years and 13% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressNo.4 7th Main Road Gokulam 3rd Stage, Mysore, Karnataka, India – 570002
- IndustryFinancial Services, Other Financial Intermediation, Kuri Companies, Chit Fund
- 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
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Business Activity of Yadugiri Chits Private Limited
The main business activity of Yadugiri 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 Yadugiri Chits Private Limited FY 2019 filings available
Yadugiri Chits Private Limited reported revenue of ₹47,519 (down 76% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR) of Yadugiri Chits Private Limited
Revenue fell 76% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 13%. EBITDA fell 115% 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 Yadugiri Chits Private Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹47,519 | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹85,481 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1.07 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 Yadugiri Chits Private Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -179.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -225.1% | •••• | •••• | •••• | •••• |
| 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 Yadugiri Chits are in the company report.
Financial statements from 2015
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.
Board of Directors of Yadugiri Chits Private Limited
Yadugiri Chits has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Venkategowda Krishnegowda | Director | 03 Oct 2013 | 13 Years 0 Months | Current |
| Hosakote Shivarame Gowda Manjunath | Director | 03 Oct 2013 | 13 Years 0 Months | Current |
Peer Comparison of Yadugiri Chits Private Limited
Yadugiri Chits Private Limited is compared with the companies closest to it by revenue in the BFSI industry (Micro Finance). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Seiko Chitfund Private Limited | ₹48,134 (FY 2023) | •••• | •••• | -70.0% | •••• | Uttar Pradesh, India |
| Aramseiyya Virumbhu Chitfunds Private Limited | ₹48,000 (FY 2025) | •••• | •••• | •••• | Chennai, Tamil Nadu, India | |
| Kisaan Micro Finance Foundation | ₹48,000 (FY 2018) | •••• | •••• | 48.0% | •••• | Palamu, Jharkhand, India |
| Rajabogam Chit Funds Private Limited | ₹47,900 (FY 2021) | •••• | •••• | •••• | Thanjavur, Tamil Nadu, India | |
| Lakshmikrupa Urban Nidhi Limited | ₹47,790 (FY 2024) | •••• | •••• | •••• | Malsras, Maharashtra, India | |
| Yadugiri Chits Private Limited this company | ₹47,519 (FY 2019) | •••• | •••• | -76.0% | •••• | Mysore, Karnataka, India |
| Freedom Kuri Private Limited | ₹47,172 (FY 2024) | •••• | •••• | -94.0% | •••• | Pune, Maharashtra, India |
| Aroma Chits (Kerala) Private Limited | ₹46,080 (FY 2025) | •••• | •••• | -9.0% | •••• | Pathanamthitta, Kerala, India |
| Magnet Trexim Private Limited | ₹45,800 (FY 2023) | •••• | •••• | 41.0% | •••• | Kolkata, West Bengal, India |
| Greenvillage Micro Finance Private Limited | ₹45,650 (FY 2025) | •••• | •••• | •••• | Pakur, Jharkhand, India | |
| Apt Source Corporate Services Private Limited | ₹45,000 (FY 2023) | •••• | •••• | •••• | Chennai, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Yadugiri Chits by revenue in the BFSI industry (Micro Finance), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Ownership and Shareholding of Yadugiri 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 Yadugiri Chits Private Limited
Yadugiri Chits Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Yadugiri Chits Private Limited
Employment history and EPFO contributions of people linked to Yadugiri 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 Yadugiri Chits Private Limited
Yadugiri Chits Private Limited has 4 board changes on record since 2013: 3 appointments and 1 cessation. The latest: Nottath Vasudevan Anil Kumar ceased to be Director on 20 Nov 2013.
Credit Ratings, Litigation & Regulatory Alerts for Yadugiri 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 Yadugiri 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 Yadugiri 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 Yadugiri 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 Yadugiri 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 Yadugiri Chits Private Limited
Yadugiri Chits is an active private limited company based in Mysore, Karnataka, India. The company works in other financial intermediation, within the financial services industry. It was incorporated on 03 October 2013 (13+ years old) and is registered under CIN U65992KA2013PTC071261.
Yadugiri Chits reported revenue of ₹47,519 for FY 2019 (down 76% YoY).
Yadugiri Chits has 2 current directors:
- Venkategowda Krishnegowda - Director
- Hosakote Shivarame Gowda Manjunath - Director
Yadugiri Chits reported a net loss of ₹1.07 Lakh (net margin -225.1%) and EBITDA of -₹85,481 (EBITDA margin -179.9%) for FY 2019, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Yadugiri Chits is -53% over three years and 13% over five years. In the latest year (FY 2019) revenue fell 76%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Yadugiri Chits is U65992KA2013PTC071261. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yadugiri Chits was incorporated on 03 October 2013, making it 13+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Yadugiri Chits by revenue are Seiko Chitfund Private Limited, Aramseiyya Virumbhu Chitfunds Private Limited, Kisaan Micro Finance Foundation, Rajabogam Chit Funds Private Limited, Lakshmikrupa Urban Nidhi Limited and 5 more, all in the BFSI industry (Micro Finance).
Nottath Vasudevan Anil Kumar ceased to be Director on 20 Nov 2013. Hosakote Shivarame Gowda Manjunath was appointed as Director on 03 Oct 2013. Nottath Vasudevan Anil Kumar was appointed as Director on 03 Oct 2013. Yadugiri Chits has 4 board changes on record in total.
The registered office of Yadugiri Chits is at No.4 7th Main Road Gokulam 3rd Stage, Mysore, Karnataka, India – 570002.
Yadugiri Chits has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh.