Akul Krithick Chits Private Limited
About Akul Krithick Chits Private Limited
Data last updated:
Akul Krithick Chits Private Limited is a private limited company based in Tiruppur, Tamil Nadu, India. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 24 June 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U65999TZ2016PTC027704. Its GSTIN is 33AAOCA5368C1ZQ (Tamil Nadu).
The company has an authorised share capital of ₹2.5 Cr and a paid-up capital of ₹2.46 Cr. It is led by directors including Kalpana Thangaraj (Managing Director) and Thangaraj Subramainam.
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 Tiruppur, Tamil Nadu.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.82 Cr, a decline of 17% compared to the previous year. For the same year it recorded a net profit of ₹10.95 Lakh (net margin 6%) and EBITDA of ₹34.56 Lakh (EBITDA margin 19%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 8% over five years.
As per MCA filings, the company has open charges of ₹1.03 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Akul Krithick Chits Private Limited's registered office is in Tiruppur, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressS.F.No.283/1 Kadeswara Complex 2nd Floor, Deivanaiammal Layout Dharapuram Main Road, Tiruppur, Tamil Nadu, India – 641604
- IndustryFinancial Services, Microfinance Institutions
To see the full contact details of Akul Krithick 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 Akul Krithick 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 Akul Krithick Chits Private Limited, buy the company report.
Financials of Akul Krithick Chits Private Limited
FY 2025 filings availableAkul Krithick Chits Private Limited reported revenue of ₹1.82 Cr (down 17% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 17% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 8%. EBITDA fell 49% 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 | ₹34.56 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹10.95 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 | 19% | ||||
| Net Profit Margin | 6% | ||||
| 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 Akul Krithick Chits Private Limited, buy the company report.
Board of directors of Akul Krithick Chits Private Limited
Akul Krithick Chits has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Thangaraj Subramainam Also directs: Sri Kadeswara Chits Private Limited | Director | 24 Jun 2016 | 10 Years 4 Months | Current |
| Kalpana Thangaraj | Managing Director | 24 Jun 2016 | 10 Years 4 Months | Current |
| Subramaniam Chinnasamy Also directs: Sri Kadeswara Chits Private Limited | Director | 24 Jun 2016 | 10 Years 4 Months | Current |
| Shanthamani Subramaniam | Director | 24 Jun 2016 | 10 Years 4 Months | Current |
Peer comparison
Akul Krithick Chits Private Limited is compared with the 7 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 |
|---|---|---|---|---|---|---|
| Sri Bheema Nidhi Limited | ₹1.85 Cr (FY 2024) | -31.0% | Tirunelveli, Tamil Nadu, India | |||
| Thiru-Kochi Urban Nidhi Limited | ₹1.84 Cr (FY 2024) | 66.0% | Ernakulam, Kerala, India | |||
| Srii Ganapathy Arawind Chit Funds Private Limited | ₹1.83 Cr (FY 2024) | 30.0% | Pollachi, Tamil Nadu, India | |||
| Pavan Chandra Chit Fund Private Limited | ₹1.83 Cr (FY 2025) | 9.0% | Telangana, India | |||
| Sri Angala Parameswari Chits Private Limited | ₹1.83 Cr (FY 2023) | 65.0% | Tiruchirappalli, Tamil Nadu, India | |||
| Akul Krithick Chits Private Limitedthis company | ₹1.82 Cr (FY 2025) | ₹10.95 Lakh | 6% | -17.0% | Tiruppur, Tamil Nadu, India | |
| Kulithalai Nidhi Limited | ₹1.79 Cr (FY 2025) | 24.0% | Kulithalai, Tamil Nadu, India | |||
| Jerry Nidhi Limited | ₹1.79 Cr (FY 2025) | 4.0% | Thiruvananthapuram, Kerala, India |
To see the full peer comparison of Akul Krithick Chits Private Limited, buy the company report.
Auditor
Akul Krithick Chits Private Limited is audited by S.NACHIMUTHU for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.NACHIMUTHU | FY 2017 | 211679 |
Shareholding
The shareholding of Akul Krithick Chits Private Limited is on record for FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Akul Krithick Chits Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Jan 2017 | 100129928 | Others | ₹28 Lakh | Open | |
| 02 Sep 2016 | 100092092 | Others | ₹75 Lakh | Open |
To see the full charge records of Akul Krithick Chits Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Akul Krithick 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 Akul Krithick Chits Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Akul Krithick Chits has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAOCA5368C1ZQ | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Akul Krithick Chits Private Limited, buy the company report.
Recent activity
Akul Krithick Chits Private Limited has 5 board changes on record since 2016: 4 appointments and 1 cessation. The latest: Kalpana Thangaraj was appointed as Managing Director on 24 Jun 2016.
Frequently asked questions
Akul Krithick Chits is an active private limited company based in Tiruppur, Tamil Nadu, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 24 June 2016 (10+ years old) and is registered under CIN U65999TZ2016PTC027704.
Akul Krithick Chits has 4 current directors:
- Kalpana Thangaraj - Managing Director
- Thangaraj Subramainam - Director
- Subramaniam Chinnasamy - Director
- Shanthamani Subramaniam - Director
The latest financial statements of Akul Krithick 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 FY 2017 are in the company report.
The GSTIN of Akul Krithick Chits is 33AAOCA5368C1ZQ, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Akul Krithick Chits is U65999TZ2016PTC027704. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Akul Krithick Chits was incorporated on 24 June 2016, making it 10+ years old. It is registered with the Registrar of Companies, Coimbatore.
The peers of Akul Krithick Chits by revenue are Sri Bheema Nidhi Limited, Thiru-Kochi Urban Nidhi Limited, Srii Ganapathy Arawind Chit Funds Private Limited, Pavan Chandra Chit Fund Private Limited, Sri Angala Parameswari Chits Private Limited and 2 more, all in the BFSI industry (Micro Finance), with the same principal business activity (other financial activities).
Kalpana Thangaraj was appointed as Managing Director on 24 Jun 2016. Kalpana Thangaraj ceased to be Director on 24 Jun 2016. Shanthamani Subramaniam was appointed as Director on 24 Jun 2016. Akul Krithick Chits has 5 board changes on record in total.
The registered office of Akul Krithick Chits is at S.F.No.2831 Kadeswara Complex 2nd Floor, Deivanaiammal Layout Dharapuram Main Road, Tiruppur, Tamil Nadu, India – 641604.
Akul Krithick Chits operates in the financial services industry, in the microfinance institutions segment.
Akul Krithick Chits has open charges of ₹1.03 Cr and no satisfied charges on record as per latest MCA filings.