About BRD Chits Limited
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BRD Chits Limited is a public limited company based in Coimbatore, Tamil Nadu, India, a subsidiary of B R D Finance Limited. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 05 September 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U65992TZ2012PLC018717. Its GSTIN is 33AAFCB2586A1Z4 (Tamil Nadu).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹65 Lakh. It is led by directors including Chungath Cheru Simon and William Varghese Chungath Cheru.
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 Uttam Complex Second Floor 9 – 12 Rajaji Road Ram Nagar Gandhipuram, Coimbatore, Tamil Nadu, India – 641009.
As per the financials filed for FY 2024, the company reported a revenue of ₹12.61 Lakh, a decline of 35% compared to the previous year. For the same year it recorded a net profit of ₹7.68 Lakh (net margin 60.9%) and EBITDA of ₹10.41 Lakh (EBITDA margin 82.6%). Revenue has declined at a compounded annual rate (CAGR) of 1% over three years and 6% over five years.
Court records list 5 cases involving the company, including 3 filed by the company and 2 filed against it; 4 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 brdgroup.net.
Company details
Contact details
BRD Chits Limited's registered office is in Coimbatore, Tamil Nadu. Its website is brdgroup.net. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressUttam Complex Second Floor 9 – 12 Rajaji Road Ram Nagar Gandhipuram, Coimbatore, Tamil Nadu, India – 641009
- IndustryFinancial Services, Microfinance Institutions
To see the full contact details of BRD Chits 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
Financials of BRD Chits Limited
FY 2025 filings availableBRD Chits Limited reported revenue of ₹12.61 Lakh (down 35% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 6% over five years, including a 35% fall in the latest year. EBITDA fell 38% 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 | ₹10.41 Lakh | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹7.68 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 | 82.6% | ||||
| Net Profit Margin | 60.9% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of BRD Chits Limited, buy the company report.
Board of directors of BRD Chits Limited
BRD Chits has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chungath Cheru Simon Also directs: B R D Developers and Builders Limited, B R D Motors Limited, B R D Car World Limited and 4 more | Director | 05 Sep 2012 | 14 Years 2 Months | Current |
| William Varghese Chungath Cheru Also directs: B R D Developers and Builders Limited, B R D Motors Limited, B R D Car World Limited and 5 more | Director | 05 Sep 2012 | 14 Years 2 Months | Current |
| Porathur Antony Devassy Also directs: B R D Developers and Builders Limited, B R D Car World Limited, B R D Finance Limited and 3 more | Director | 05 Sep 2012 | 14 Years 2 Months | Current |
Peer comparison
BRD Chits Limited is compared with the 10 companies closest to it by revenue in the BFSI industry (Micro Finance), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Admss Micro Finance Private Limited | ₹12.72 Lakh (FY 2024) | -12.0% | Kursi Road, Uttar Pradesh, India | |||
| Pereira Chits Private Limited | ₹12.67 Lakh (FY 2025) | 1318.0% | Thiruvananthapuram, Kerala, India | |||
| Siemotech Micro Finance Private Limited | ₹12.66 Lakh (FY 2025) | -4.0% | Delhi, India | |||
| Laila Credits Private Limited | ₹12.65 Lakh (FY 2025) | -21.0% | Andhra Pradesh, India | |||
| Lotusind Chits Private Limited | ₹12.63 Lakh (FY 2018) | 35.0% | Hubli, Karnataka, India | |||
| BRD Chits Limitedthis company | ₹12.61 Lakh (FY 2024) | ₹7.68 Lakh | 60.9% | -35.0% | Coimbatore, Tamil Nadu, India | |
| Vidiyal Micro Care Foundation | ₹12.59 Lakh (FY 2025) | 400.0% | Coimbatore, Tamil Nadu, India | |||
| Dilasa Microfinance Foundation | ₹12.54 Lakh (FY 2025) | -5.0% | Pune, Maharashtra, India | |||
| Rezova Chit Private Limited | ₹12.5 Lakh (FY 2021) | -50.0% | Pune, Maharashtra, India | |||
| Shree Dhunkeshwar Multiple Nidhi Limited | ₹12.47 Lakh (FY 2020) | Beed, Maharashtra, India | ||||
| Shree Leela Microfinance Limited | ₹12.46 Lakh (FY 2024) | 48.0% | Ballia, Uttar Pradesh, India |
To see the full peer comparison of BRD Chits Limited, buy the company report.
Auditor
BRD Chits Limited is audited by BALAN & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BALAN & CO | FY 2020 | 000340S |
Shareholding
The shareholding of BRD Chits Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of BRD Chits Limited, buy the company report.
Legal cases
BRD Chits Limited has 5 court cases on record: 3 filed by BRD Chits, 2 filed against it. 4 cases are pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 2 | 4 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thrissur, Kerala | Appeal | Filed against the company by an individual | Pending |
| District court, Thrissur, Kerala | Civil suit | Filed by the company against an individual | Pending |
| District court, Thrissur, Kerala | Civil suit | Filed by the company against individuals | Pending |
| District court, Thrissur, Kerala | Criminal miscellaneous application | Filed by the company against an individual | Pending |
| District court, Thrissur, Kerala | Criminal miscellaneous application | Filed against the company by an individual | Disposed |
To see the full case history of BRD Chits 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 BRD Chits Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
BRD Chits has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAFCB2586A1Z4 | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of BRD Chits Limited, buy the company report.
Recent activity
BRD Chits Limited has 7 board changes on record since 2012: 3 appointments and 4 cessations. The latest: Cheruvathoor Kuriappan Appumon ceased to be Director on 19 Oct 2022.
Frequently asked questions
BRD Chits is an active public limited company based in Coimbatore, Tamil Nadu, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 05 September 2012 (14+ years old) and is registered under CIN U65992TZ2012PLC018717.
BRD Chits has 3 current directors:
- Chungath Cheru Simon - Director
- William Varghese Chungath Cheru - Director
- Porathur Antony Devassy - Director
The latest financial statements of BRD 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 2015 are in the company report.
The GSTIN of BRD Chits is 33AAFCB2586A1Z4, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of BRD Chits is U65992TZ2012PLC018717. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
BRD Chits has 5 court cases on record: 3 filed by the company and 2 filed against it. 4 are pending.
BRD Chits was incorporated on 05 September 2012, making it 14+ years old. It is registered with the Registrar of Companies, Coimbatore.
The peers of BRD Chits by revenue are Admss Micro Finance Private Limited, Pereira Chits Private Limited, Siemotech Micro Finance Private Limited, Laila Credits Private Limited, Lotusind Chits Private Limited and 5 more, all in the BFSI industry (Micro Finance).
Cheruvathoor Kuriappan Appumon ceased to be Director on 19 Oct 2022. Surendran Thazhathpurakkal Krishnan ceased to be Director on 30 Sep 2021. Griger Cherry Williams ceased to be Director on 22 Mar 2021. BRD Chits has 7 board changes on record in total.
BRD Chits can be reached through the website brdgroup.net. Its registered office is in Coimbatore, Tamil Nadu, India.
The registered office of BRD Chits is at Uttam Complex Second Floor 9 – 12 Rajaji Road Ram Nagar Gandhipuram, Coimbatore, Tamil Nadu, India – 641009.
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