Carthic Credits Private Limited
About Carthic Credits Private Limited
Data last updated:
Carthic Credits Private Limited is a private limited company based in Coimbatore, Tamil Nadu, India. It operates in the asset financing companies segment of the financial services sector. It was incorporated on 15 May 1986 and has been in existence for over 40 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U65921TZ1986PTC001785.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹5 Cr. It was formerly known as Carthic Credits Limited. It is led by directors including Somasundaram Renganathan (Managing Director) and Renganathan Somasundaram (Whole-Time Director).
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 47 Rajaji Road Ramnagar, Coimbatore, Tamil Nadu, India – 641009.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.18 Cr, a growth of 32% compared to the previous year. For the same year it recorded a net profit of ₹1.2 Lakh (net margin 0.5%) and EBITDA of ₹1.41 Cr (EBITDA margin 64.5%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years and 11% over five years.
As per MCA filings, the company has open charges of ₹75 Lakh and satisfied charges of ₹84.5 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Carthic Credits Private Limited's registered office is in Coimbatore, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address47 Rajaji Road Ramnagar, Coimbatore, Tamil Nadu, India – 641009
- IndustryFinancial Services, Asset Financing Companies, NBFC, Investment & Credit NBFC
To see the full contact details of Carthic Credits 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 Carthic Credits 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 Carthic Credits Private Limited, buy the company report.
Financials of Carthic Credits Private Limited
FY 2024 filings availableCarthic Credits Private Limited reported revenue of ₹2.18 Cr (up 32% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 11% over five years, including 32% growth in the latest year. EBITDA rose 23% 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 | ₹1.41 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.2 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 | 64.5% | ||||
| Net Profit Margin | 0.5% | ||||
| 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 Carthic Credits Private Limited, buy the company report.
Board of directors of Carthic Credits Private Limited
Carthic Credits has 6 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Somasundaram Chitra Also directs: Karthikeya Chits Private Limited | Director | 26 Dec 2014 | 11 Years 10 Months | Current |
| Chandrasekaran Somasundaram Also directs: Karthikeya Finance Private Limited | Director | 25 Jul 1988 | 38 Years 3 Months | Current |
| Somasundaram Renganathan | Managing Director | 15 May 1986 | 40 Years 5 Months | Current |
| Palaniappan Soundara Lakshmi Palaniappan | Director | 26 Dec 2014 | 11 Years 10 Months | Current |
| Renganathan Somasundaram Also directs: Karthikeya Finance Private Limited | Whole-Time Director | 21 Oct 2010 | 16 Years 0 Months | Current |
| Ulagappan Somasundaram | Director | 21 Oct 2010 | 16 Years 0 Months | Current |
Peer comparison
Carthic Credits Private Limited is compared with the 6 companies closest to it by revenue in the BFSI industry (Asset Financing Companies, NBFC Investment and Credit Companies, Small Non Deposit NBFC), 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 |
|---|---|---|---|---|---|---|
| Atreyi Agencies Pvt.Ltd. | ₹2.18 Cr (FY 2024) | 13.0% | Patna, Bihar, India | |||
| Altius Securities Trading Private Limited | ₹2.18 Cr (FY 2023) | -67.0% | Chennai, Tamil Nadu, India | |||
| Somani Fiscal Trading Pvt. Ltd. | ₹2.18 Cr (FY 2025) | 490.0% | Kolkata, West Bengal, India | |||
| Carthic Credits Private Limitedthis company | ₹2.18 Cr (FY 2025) | ₹1.2 Lakh | 0.5% | 32.0% | Coimbatore, Tamil Nadu, India | |
| Prajin Barter Pvt. Ltd. | ₹2.18 Cr (FY 2025) | 2.0% | New Delhi, Delhi, India | |||
| Aryafinroot Financials Private Limited | ₹2.17 Cr (FY 2024) | 80.0% | Ahmedabad, Gujarat, India | |||
| Udar Estates Private Limited | ₹2.17 Cr (FY 2024) | 90.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Carthic Credits Private Limited, buy the company report.
Auditor
Carthic Credits Private Limited is audited by RAMASWAMY AND RAMKUMAR for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAMASWAMY AND RAMKUMAR | FY 2023 | 004206S |
Shareholding
The shareholding of Carthic Credits Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Carthic Credits Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Sep 2024 | 100994106 | City Union Bank Limited | ₹75 Lakh | Open | |
| 27 Oct 2014 | 10528539 | Gda Trusteeship Limited | ₹58.5 Lakh | Satisfied | |
| 05 Apr 1995 | 90006095 | Tamilnad Mercantile Bank Ltd | ₹25 Lakh | Satisfied | |
| 27 Feb 1991 | 90006073 | Sundaram Finance Ltd | ₹1 Lakh | Satisfied |
To see the full charge records of Carthic Credits Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
No court or tribunal cases involving Carthic Credits 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 Carthic Credits Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Carthic Credits Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Carthic Credits Private Limited has 13 board changes on record since 1986: 6 appointments and 7 cessations. The latest: Muthuraman Ulagappan ceased to be Director on 27 Mar 2021.
12 earlier events are in the company report.
Frequently asked questions
Carthic Credits is an active private limited company based in Coimbatore, Tamil Nadu, India. The company works in asset financing companies, within the financial services industry. It was incorporated on 15 May 1986 (40+ years old) and is registered under CIN U65921TZ1986PTC001785.
Carthic Credits has 6 current directors:
- Somasundaram Renganathan - Managing Director
- Renganathan Somasundaram - Whole-Time Director
- Somasundaram Chitra - Director
- Chandrasekaran Somasundaram - Director
- Palaniappan Soundara Lakshmi Palaniappan - Director
- Ulagappan Somasundaram - Director
The latest financial statements of Carthic Credits 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 CIN (Corporate Identification Number) of Carthic Credits is U65921TZ1986PTC001785. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Carthic Credits was incorporated on 15 May 1986, making it 40+ years old. It is registered with the Registrar of Companies, Coimbatore.
The peers of Carthic Credits by revenue are Atreyi Agencies Pvt.Ltd, Altius Securities Trading Private Limited, Somani Fiscal Trading Pvt. Ltd, Prajin Barter Pvt. Ltd, Aryafinroot Financials Private Limited and 1 more, all in the BFSI industry (Asset Financing Companies, NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (other financial activities).
Muthuraman Ulagappan ceased to be Director on 27 Mar 2021. Palaniappan Soundara Lakshmi Palaniappan ceased to be Director on 29 Nov 2015. Somasundaram Chitra ceased to be Director on 29 Nov 2015. Carthic Credits has 13 board changes on record in total.
The registered office of Carthic Credits is at 47 Rajaji Road Ramnagar, Coimbatore, Tamil Nadu, India – 641009.
Carthic Credits operates in the financial services industry, in the asset financing companies segment.
Carthic Credits has open charges of ₹75 Lakh and satisfied charges of ₹84.5 Lakh as per latest MCA filings.
The compliance status of Carthic Credits is compliant as of 06 July 2026. The company is actively filing with the Registrar of Companies.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
