Centre Point Chitties Private Limited
About Centre Point Chitties Private Limited
Data last updated:
Centre Point Chitties Private Limited is a private limited company based in Thrissur, Kerala, India. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 09 February 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U65992KL2007PTC020329. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors including Ramesh Kumar Krishnan Kadupidivalappil and Bindu Sivakumar.
Its last annual general meeting (AGM) was held on 30 August 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Door No:11/819/8 Fathima Arcade Near New Pattalam Market Ring Road, Thrissur, Kerala, India – 680021.
As per the financials filed for FY 2024, the company reported a revenue of ₹20.1 Lakh, a decline of 31% compared to the previous year. For the same year it recorded a net loss of ₹3.04 Lakh (net margin -15.1%) and EBITDA of ₹13.31 Lakh (EBITDA margin 66.2%). Revenue has declined at a compounded annual rate (CAGR) of 13% over three years and 9% over five years.
Court records list 115 cases involving the company, including 112 filed by the company and 3 filed against it; 7 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Centre Point Chitties Private Limited's registered office is in Thrissur, Kerala. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressDoor No:11/819/8 Fathima Arcade Near New Pattalam Market Ring Road, Thrissur, Kerala, India – 680021
- IndustryFinancial Services, Microfinance Institutions
To see the full contact details of Centre Point Chitties 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 Centre Point Chitties 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 Centre Point Chitties Private Limited, buy the company report.
Financials of Centre Point Chitties Private Limited
FY 2024 filings availableCentre Point Chitties Private Limited reported revenue of ₹20.1 Lakh (down 31% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 9% over five years, including a 31% fall in the latest year. EBITDA fell 24% 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 |
|---|---|---|---|---|---|
| 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 | ₹13.31 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹3.04 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 66.2% | ||||
| Net Profit Margin | -15.1% | ||||
| 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 Centre Point Chitties Private Limited, buy the company report.
Board of directors of Centre Point Chitties Private Limited
Centre Point Chitties has 4 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramesh Kumar Krishnan Kadupidivalappil | Director | 14 Feb 2007 | 19 Years 8 Months | Current |
| Bindu Sivakumar Also directs: Uday Kuries Private Limited | Director | 29 Sep 2009 | 17 Years 0 Months | Current |
| Chandran Ramanthra | Director | 29 Sep 2009 | 17 Years 0 Months | Current |
| Ravi Padinjarenadakkavil Chami | Director | 10 Dec 2012 | 13 Years 10 Months | Current |
Peer comparison
Centre Point Chitties Private Limited is compared with the 6 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 |
|---|---|---|---|---|---|---|
| Shri Akilakrishnaa Nidhi Limited | ₹20.18 Lakh (FY 2025) | 8.0% | Cuddalore Port, Tamil Nadu, India | |||
| Chengannur Chits Private Limited | ₹20.14 Lakh (FY 2025) | 33.0% | Chengannur, Kerala, India | |||
| Shivanshi India Nidhi Limited | ₹20.13 Lakh (FY 2022) | 47.0% | Binjhiya, Mandla, Madhya Pradesh, India | |||
| Centre Point Chitties Private Limitedthis company | ₹20.1 Lakh (FY 2024) | -₹3.04 Lakh | -15.1% | -31.0% | Thrissur, Kerala, India | |
| Shagun Micro Finance Association | ₹20.05 Lakh (FY 2025) | 130.0% | Lucknow, Uttar Pradesh, India | |||
| Kastri Nidhi Limited | ₹20.04 Lakh (FY 2025) | -25.0% | New Delhi, Delhi, India | |||
| Gurusakthi Kuries Private Limited | ₹19.99 Lakh (FY 2025) | 11.0% | Thrissur, Kerala, India |
To see the full peer comparison of Centre Point Chitties Private Limited, buy the company report.
Auditor
Centre Point Chitties Private Limited is audited by K R RAM MOHAN & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K R RAM MOHAN & CO | FY 2019 | 002831S |
Shareholding
The shareholding of Centre Point Chitties Private Limited is on record for 2 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Centre Point Chitties Private Limited, buy the company report.
Legal cases
Centre Point Chitties Private Limited has 115 court cases on record: 112 filed by Centre Point Chitties, 3 filed against it. 7 cases are pending and 108 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 114 | 2 | 7 |
| High courts | 1 | 1 | 0 |
Cases on record (5 of 115)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thrissur, Kerala | Court case (Restor.Ptn) | Filed against the company by an individual | Pending |
| District court, Thrissur, Kerala | Court case (OP (Insolvency)) | Filed against the company | Pending |
| District court, Thrissur, Kerala | Criminal case | Filed by the company against an individual | Pending |
| District court, Thrissur, Kerala | Criminal complaint | Filed by the company against an individual | Pending |
| District court, Thrissur, Kerala | Criminal complaint | Filed by the company against an individual | Pending |
To see the full case history of Centre Point Chitties 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 Centre Point Chitties Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Centre Point Chitties has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Centre Point Chitties Private Limited, buy the company report.
Recent activity
Centre Point Chitties Private Limited has 32 board changes on record since 2007: 18 appointments and 14 cessations. The latest: Kalapurakal George Toms ceased to be Director on 24 Sep 2021.
23 earlier events are in the company report.
Frequently asked questions
Centre Point Chitties is an active private limited company based in Thrissur, Kerala, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 09 February 2007 (19+ years old) and is registered under CIN U65992KL2007PTC020329.
Centre Point Chitties has 4 current directors:
- Ramesh Kumar Krishnan Kadupidivalappil - Director
- Bindu Sivakumar - Director
- Chandran Ramanthra - Director
- Ravi Padinjarenadakkavil Chami - Director
The latest financial statements of Centre Point Chitties on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 August 2024. Year-wise statements from 2015 are in the company report.
No. Centre Point Chitties has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Centre Point Chitties is U65992KL2007PTC020329. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Centre Point Chitties has 115 court cases on record: 112 filed by the company and 3 filed against it. 7 are pending. Most are in the district courts.
Centre Point Chitties was incorporated on 09 February 2007, making it 19+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Centre Point Chitties by revenue are Shri Akilakrishnaa Nidhi Limited, Chengannur Chits Private Limited, Shivanshi India Nidhi Limited, Shagun Micro Finance Association, Kastri Nidhi Limited and 1 more, all in the BFSI industry (Micro Finance), with the same principal business activity (other financial activities).
Kalapurakal George Toms ceased to be Director on 24 Sep 2021. Louis Antony Vazhappilly ceased to be Director on 24 Sep 2021. Gopinathan ceased to be Director on 08 Jul 2020. Centre Point Chitties has 32 board changes on record in total.
The registered office of Centre Point Chitties is at Door No:118198 Fathima Arcade Near New Pattalam Market Ring Road, Thrissur, Kerala, India – 680021.
Centre Point Chitties operates in the financial services industry, in the microfinance institutions segment.