About Bhavithasri Chit Funds Private Limited
Data last updated:
Bhavithasri Chit Funds Private Limited is a private limited company based in Warangal, Telangana, India. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 02 June 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U65910TG2011PTC074793. Its GSTIN is 36AAECB6022A2ZB (Telangana). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹7.3 Cr and a paid-up capital of ₹37 Lakh. It is led by directors Srinivas Thatipalli (Managing Director) and Prakash Rao Gunda.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at H. No. 14 – 1 – 141 M. G. Road, Warangal, Telangana, India – 506002.
As per the financials filed for FY 2022, the company reported a revenue of ₹11.6 Cr, a decline of 40% compared to the previous year. For the same year it recorded a net loss of ₹4.54 Cr (net margin -39.2%) and EBITDA of -₹3.35 Cr (EBITDA margin -28.8%). Revenue has declined at a compounded annual rate (CAGR) of 25% over three years and 4% over five years.
The company has about 348 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: BhavithaSri Chits. As per MCA filings, the company has open charges of ₹49.5 Lakh on record. Court records list 307 cases involving the company, including 226 filed by the company and 69 filed against it; 136 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website bhavithasrichits.in.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressH. No. 14 – 1 – 141 M. G. Road, Warangal, Telangana, India – 506002
- IndustryFinancial Services, Microfinance Institutions
- 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 Bhavithasri Chit Funds Private Limited
The main business activity of Bhavithasri Chit Funds 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 Bhavithasri Chit Funds Private Limited FY 2022 filings available
Bhavithasri Chit Funds Private Limited reported revenue of ₹11.6 Cr (down 40% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR) of Bhavithasri Chit Funds Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 4% over five years, including a 40% fall in the latest year. EBITDA fell 286% 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 Bhavithasri Chit Funds 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 | -₹3.35 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹4.54 Cr | •••• | •••• | •••• | •••• |
| 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 Bhavithasri Chit Funds Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -28.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -39.2% | •••• | •••• | •••• | •••• |
| 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 Bhavithasri Chit Funds 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.
Peer Comparison of Bhavithasri Chit Funds Private Limited
Bhavithasri Chit Funds Private Limited is compared with the companies closest to it by revenue in the BFSI industry (Chit Funds, 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 |
|---|---|---|---|---|---|---|
| Dia Vikas Capital Private Limited | ₹12.47 Cr (FY 2024) | •••• | •••• | -89.0% | •••• | New Delhi, Delhi, India |
| Vijaysubham Benefit Fund Nidhi Limited | ₹12.26 Cr (FY 2025) | •••• | •••• | 24.0% | •••• | Quid-E-Milleth, Tamil Nadu, India |
| MGM Pushpam Chits Private Limited | ₹12.13 Cr (FY 2025) | •••• | •••• | 28.0% | •••• | Madurai, Tamil Nadu, India |
| Gaurav Chit Fund Private Limited | ₹11.9 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | Hyderabad, Telangana, India |
| Dhanalakshmi Srinivasan Chit Funds (Telangana) Private Limited | ₹11.85 Cr (FY 2024) | •••• | •••• | 21.0% | •••• | Hyderabad, Telangana, India |
| Bhavithasri Chit Funds Private Limited this company | ₹11.6 Cr (FY 2022) | •••• | •••• | -40.0% | •••• | Warangal, Telangana, India |
| Dhanalakshmi Srinivasan Chit Funds (Karnataka) Private Limited | ₹11.54 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | Bangalore, Karnataka, India |
| Triplicane Permanent Fund Nidhi Limited | ₹10.84 Cr (FY 2025) | •••• | •••• | 26.0% | •••• | Chennai, Tamil Nadu, India |
| Shikhar Urban and Rural Enterprises Private Limited | ₹10.79 Cr (FY 2025) | •••• | •••• | 208.0% | •••• | New Delhi, Delhi, India |
| Srisaianjana Chit Funds Telangana Private Limited | ₹10.03 Cr (FY 2025) | •••• | •••• | 7.0% | •••• | Warangal, Telangana, India |
| Marthandam People Development Nidhi Limited | ₹9.95 Cr (FY 2025) | •••• | •••• | 20.0% | •••• | Marthandam Post, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Bhavithasri Chit Funds by revenue in the BFSI industry (Chit Funds, Micro Finance), 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 Bhavithasri Chit Funds Private Limited
Bhavithasri Chit Funds Private Limited is audited by TRIPURANENI GOPICHAND AND COMPANY. for the financial year 2018.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| TRIPURANENI GOPICHAND AND COMPANY. | 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 Bhavithasri Chit Funds Private Limited
Bhavithasri Chit Funds has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Srinivas Thatipalli | Managing Director | 02 Jun 2011 | 15 Years 4 Months | Current |
| Prakash Rao Gunda | Director | 02 Jun 2011 | 15 Years 4 Months | Current |
Ownership and Shareholding of Bhavithasri Chit Funds 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 Bhavithasri Chit Funds Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 01 Aug 2016 | Others | ₹49.5 Lakh | Open |
Total charge records: 1 View all charges
Legal Cases of Bhavithasri Chit Funds Private Limited
Bhavithasri Chit Funds Private Limited has 307 court cases on record: 226 filed by Bhavithasri Chit Funds, 69 filed against it, 12 where it is another party. 136 cases are pending and 171 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 294 | 69 | 129 |
| High courts | 13 | 0 | 7 |
Cases on record (5 of 307)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Warangal, Telangana | Civil suit | Filed against the company by an individual | Pending |
| District court, Peddapalli, Telangana | Court case (A.R.B.O.P) | Filed against the company by an individual | Pending |
| High Court for State of Telangana | Revision petition | Filed by the company against an individual | Pending |
| High Court for State of Telangana | Revision petition | Company is another party | Pending |
| High Court for State of Telangana | Revision petition | Filed by the company against an individual | Pending |
Full case history
All 307 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Associated Brands with Bhavithasri Chit Funds Private Limited
Bhavithasri Chit Funds operates one associated brand: BhavithaSri Chits. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers comprehensive personal loan services to meet individual financial needs. | bhavithasrichits.com |
Employees and EPFO Compliance at Bhavithasri Chit Funds Private Limited
Bhavithasri Chit Funds Private Limited has a workforce of 348 employees as of Apr 07, 2024.
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.
CIN History of Bhavithasri Chit Funds Private Limited
Bhavithasri Chit Funds has one previous CIN (Corporate Identification Number): U65910AP2011PTC074793. The current CIN is U65910TG2011PTC074793, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65910TG2011PTC074793 | Current |
| U65910AP2011PTC074793 | Previous |
Recent Activity on Bhavithasri Chit Funds Private Limited
Bhavithasri Chit Funds Private Limited has 8 board changes on record since 2011: 5 appointments and 3 cessations. The latest: Gorantala Yadagiri ceased to be Director on 16 Jun 2014.
Credit Ratings, Litigation & Regulatory Alerts for Bhavithasri Chit Funds 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 Bhavithasri Chit Funds 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 Bhavithasri Chit Funds 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 Bhavithasri Chit Funds Private Limited
Bhavithasri Chit Funds has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAECB6022A2ZB | Telangana | Active | 01 Aug 2017 |
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 Bhavithasri Chit Funds 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 Bhavithasri Chit Funds Private Limited
Bhavithasri Chit Funds is an active private limited company based in Warangal, Telangana, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 02 June 2011 (15+ years old) and is registered under CIN U65910TG2011PTC074793.
Bhavithasri Chit Funds reported revenue of ₹11.6 Cr for FY 2022 (down 40% YoY).
Bhavithasri Chit Funds has 2 current directors:
- Srinivas Thatipalli - Managing Director
- Prakash Rao Gunda - Director
Bhavithasri Chit Funds reported a net loss of ₹4.54 Cr (net margin -39.2%) and EBITDA of -₹3.35 Cr (EBITDA margin -28.8%) for FY 2022, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Bhavithasri Chit Funds is -25% over three years and -4% over five years. In the latest year (FY 2022) revenue fell 40%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Bhavithasri Chit Funds is 36AAECB6022A2ZB, registered in Telangana. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Bhavithasri Chit Funds is U65910TG2011PTC074793. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bhavithasri Chit Funds has 307 court cases on record: 226 filed by the company and 69 filed against it. 136 are pending. Most are in the district courts.
Bhavithasri Chit Funds was incorporated on 02 June 2011, making it 15+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Bhavithasri Chit Funds by revenue are Dia Vikas Capital Private Limited, Vijaysubham Benefit Fund Nidhi Limited, MGM Pushpam Chits Private Limited, Gaurav Chit Fund Private Limited, Dhanalakshmi Srinivasan Chit Funds (Telangana) Private Limited and 5 more, all in the BFSI industry (Chit Funds, Micro Finance).
Gorantala Yadagiri ceased to be Director on 16 Jun 2014. Nagaraju Komuravelli ceased to be Director on 01 Feb 2014. Natraj Pola ceased to be Director on 21 May 2013. Bhavithasri Chit Funds has 8 board changes on record in total.