Badrinath Chit Funds Private Limited
About Badrinath Chit Funds Private Limited
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Badrinath Chit Funds Private Limited is a private limited company based in Tiruchirappalli, Tamil Nadu, India. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 30 September 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U65991TN1992PTC023554. Its GSTIN is 33AABCB8699L1Z3 (Tamil Nadu).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹3.7 Lakh. It is led by directors including Krishnamoorthy Subramanian (Managing Director) and Sureshbabu Anandhakrishnan.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Tiruchirappalli, Tamil Nadu.
As per the financials filed for FY 2024, the company reported a revenue of ₹28 Lakh, a decline of 13% compared to the previous year. For the same year it recorded a net loss of ₹1.16 Lakh (net margin -4.2%) and EBITDA of ₹6.08 Lakh (EBITDA margin 21.7%). Revenue has declined at a compounded annual rate (CAGR) of 15% over three years and 5% over five years.
Court records list 8 cases involving the company, including 7 filed by the company and 1 filed against it; 7 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Badrinath Chit Funds Private Limited's registered office is in Tiruchirappalli, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address3 I Floor Amudham Complex 54/D – 1 West Boulward Road Tiruchirapalli – 62000, 8, Tiruchirappalli, Tamil Nadu, India – 620008
- IndustryFinancial Services, Microfinance Institutions
To see the full contact details of Badrinath Chit Funds 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 Badrinath Chit Funds 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 Badrinath Chit Funds Private Limited, buy the company report.
Financials of Badrinath Chit Funds Private Limited
FY 2024 filings availableBadrinath Chit Funds Private Limited reported revenue of ₹28 Lakh (down 13% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 5% over five years, including a 13% fall in the latest year. EBITDA rose 1% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹6.08 Lakh | ||||
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| Net Profit (PAT) | -₹1.16 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 21.7% | ||||
| Net Profit Margin | -4.2% | ||||
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To see the full financial statements and ratios of Badrinath Chit Funds Private Limited, buy the company report.
Board of directors of Badrinath Chit Funds Private Limited
Badrinath Chit Funds has 6 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sureshbabu Anandhakrishnan | Director | 30 Sep 1992 | 34 Years 1 Months | Current |
| Manikandan Krishnamoorthy Also directs: Thirumalai Srinivasa Chit Funds Private Limited | Director | 01 Apr 2005 | 21 Years 7 Months | Current |
| Parthasarathy Ramanujam Also directs: Trichy Srimathi Chit Funds Private Limited | Director | 30 Sep 1992 | 34 Years 1 Months | Current |
| Sundararajan Ragothaman | Director Appointed In Casual Vacancy | 23 Mar 2015 | 11 Years 7 Months | Current |
| Srinivasan Venkatesan | Director | 29 Jan 2001 | 25 Years 9 Months | Current |
| Krishnamoorthy Subramanian | Managing Director | 30 Sep 1992 | 34 Years 1 Months | Current |
Peer comparison
Badrinath Chit Funds Private Limited is compared with the 4 companies closest to it by revenue in the BFSI industry (Chit Funds, 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 |
|---|---|---|---|---|---|---|
| Thengani Chit Private Limited | ₹28.1 Lakh (FY 2025) | -15.0% | Salem, Tamil Nadu, India | |||
| K L R Chit Funds Private Limited | ₹28.1 Lakh (FY 2024) | -14.0% | Coimbatore, Tamil Nadu, India | |||
| Badrinath Chit Funds Private Limitedthis company | ₹28 Lakh (FY 2024) | -₹1.16 Lakh | -4.2% | -13.0% | Tiruchirappalli, Tamil Nadu, India | |
| Icl Nidhi Limited | ₹27.92 Lakh (FY 2024) | -82.0% | Irinjalakuda, Kerala, India | |||
| Raghavendra Chit Funds Private Limited | ₹27.88 Lakh (FY 2018) | -4.0% | Khammam, Telangana, India |
To see the full peer comparison of Badrinath Chit Funds Private Limited, buy the company report.
Auditor
Badrinath Chit Funds Private Limited is audited by SETHURAMAN & SRIVATSAN for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SETHURAMAN & SRIVATSAN | FY 2022 | 003730S |
Shareholding
The shareholding of Badrinath Chit Funds Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Badrinath Chit Funds Private Limited, buy the company report.
Legal cases
Badrinath Chit Funds Private Limited has 8 court cases on record: 7 filed by Badrinath Chit Funds, 1 filed against it. 7 cases are pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 1 | 7 |
Cases on record (4 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Tiruchirappalli, Tamil Nadu | Criminal case | Filed by the company against an individual | Pending |
| District court, Tiruchirappalli, Tamil Nadu | Criminal case | Filed by the company against an individual | Pending |
| District court, Tiruchirappalli, Tamil Nadu | Court case (IP) | Filed against the company by an individual | Pending |
| District court, Tiruchirappalli, Tamil Nadu | Criminal complaint | Filed by the company against individuals | Disposed |
To see the full case history of Badrinath Chit Funds 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 Badrinath Chit Funds Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Badrinath Chit Funds has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AABCB8699L1Z3 | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Badrinath Chit Funds Private Limited, buy the company report.
Recent activity
Badrinath Chit Funds Private Limited has 12 board changes on record since 1992: 6 appointments and 6 cessations. The latest: Subramaniam Rajagopalan ceased to be Director on 29 Jun 2020.
3 earlier events are in the company report.
Frequently asked questions
Badrinath Chit Funds is an active private limited company based in Tiruchirappalli, Tamil Nadu, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 30 September 1992 (34+ years old) and is registered under CIN U65991TN1992PTC023554.
Badrinath Chit Funds has 6 current directors:
- Krishnamoorthy Subramanian - Managing Director
- Sureshbabu Anandhakrishnan - Director
- Manikandan Krishnamoorthy - Director
- Parthasarathy Ramanujam - Director
- Sundararajan Ragothaman - Director Appointed In Casual Vacancy
- Srinivasan Venkatesan - Director
The latest financial statements of Badrinath Chit Funds on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Badrinath Chit Funds is 33AABCB8699L1Z3, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Badrinath Chit Funds is U65991TN1992PTC023554. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Badrinath Chit Funds has 8 court cases on record: 7 filed by the company and 1 filed against it. 7 are pending.
Badrinath Chit Funds was incorporated on 30 September 1992, making it 34+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Badrinath Chit Funds by revenue are Thengani Chit Private Limited, K L R Chit Funds Private Limited, Icl Nidhi Limited, Raghavendra Chit Funds Private Limited, all in the BFSI industry (Chit Funds, Micro Finance), with the same principal business activity (other financial activities).
Subramaniam Rajagopalan ceased to be Director on 29 Jun 2020. Balaguruvaiah Pandurangan ceased to be Director on 01 Mar 2016. Sundararajan Ragothaman was appointed as Director Appointed In Casual Vacancy on 23 Mar 2015. Badrinath Chit Funds has 12 board changes on record in total.
The registered office of Badrinath Chit Funds is at 3 I Floor Amudham Complex 54D – 1 West Boulward Road Tiruchirapalli – 62000, 8, Tiruchirappalli, Tamil Nadu, India – 620008.
Badrinath Chit Funds operates in the financial services industry, in the microfinance institutions segment.
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