Chathurthi Chits Private Limited
About Chathurthi Chits Private Limited
Data last updated:
Chathurthi Chits Private Limited is a private limited company based in Udupi, Karnataka, India, a subsidiary of Varni Microfinance Private Limited. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 26 April 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U65992KA2013PTC068773. Its GSTIN is 29AAFCC2329A1Z3 (Karnataka).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹12 Lakh. It is led by directors Savitha Nayak (Managing Director) and Sudhish Nayak.
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 Door No. 11 – 1 – 146 S (18) 3rd Floor Mythri Complex Near Service Bus Stand, Udupi, Karnataka, India – 576101.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.79 Lakh, a decline of 80% compared to the previous year. For the same year it recorded a net loss of ₹1.59 Lakh (net margin -88.8%) and EBITDA of -₹1.59 Lakh (EBITDA margin -88.8%). Revenue has declined at a compounded annual rate (CAGR) of 65% over three years and 52% over five years.
As per MCA filings, the company has open charges of ₹32.45 Lakh on record. Court records list 208 cases involving the company, including 207 filed by the company and 1 filed against it; 4 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Chathurthi Chits Private Limited's registered office is in Udupi, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressDoor No. 11 – 1 – 146 S (18) 3rd Floor Mythri Complex Near Service Bus Stand, Udupi, Karnataka, India – 576101
- IndustryFinancial Services, Financial Activities
To see the full contact details of Chathurthi Chits 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 Chathurthi Chits is financial and insurance activities. In detail, this covers activities auxiliary to financial service and insurance activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance activities | 66 | Activities auxiliary to financial service and insurance activities |
To see the full business activity and turnover split of Chathurthi Chits Private Limited, buy the company report.
Financials of Chathurthi Chits Private Limited
FY 2025 filings availableChathurthi Chits Private Limited reported revenue of ₹1.79 Lakh (down 80% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 52% over five years, including a 80% fall in the latest year. EBITDA rose 87% 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 | -₹1.59 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.59 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 | -88.8% | ||||
| Net Profit Margin | -88.8% | ||||
| 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 Chathurthi Chits Private Limited, buy the company report.
Board of directors of Chathurthi Chits Private Limited
Chathurthi Chits 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 |
|---|---|---|---|---|
| Savitha Nayak | Managing Director | 26 Apr 2013 | 13 Years 5 Months | Current |
| Sudhish Nayak | Director | 26 Apr 2013 | 13 Years 5 Months | Current |
Peer comparison
Chathurthi Chits Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (activities auxiliary to financial service and insurance activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ruptara Merchants Pvt Ltd | ₹1.8 Lakh (FY 2025) | -44.0% | Kolkata, West Bengal, India | |||
| Higgloe Enterprises Private Limited | ₹1.8 Lakh (FY 2024) | 800.0% | New Delhi, Delhi, India | |||
| Sulekha Vanijya Pvt Ltd | ₹1.8 Lakh (FY 2024) | 4.0% | Kolkata, West Bengal, India | |||
| Sidhivinayak Vypar and Vitt Private Limited | ₹1.79 Lakh (FY 2024) | 23.0% | Mumbai, Maharashtra, India | |||
| Shri Mahalakshmi (Ilkal) Chits Private Limited | ₹1.79 Lakh (FY 2025) | -34.0% | Ilkal, Karnataka, India | |||
| Chathurthi Chits Private Limitedthis company | ₹1.79 Lakh (FY 2025) | -₹1.59 Lakh | -88.8% | -80.0% | Udupi, Karnataka, India | |
| Elc Advisors India Private Limited | ₹1.78 Lakh (FY 2025) | Tirunelveli, Tamil Nadu, India | ||||
| Guru Mauli Urban Nidhi Limited | ₹1.77 Lakh (FY 2025) | -41.0% | Aurangabad, Maharashtra, India | |||
| Babita and Mahendra Micro Foundation | ₹1.77 Lakh (FY 2025) | 16.0% | Sikar, Rajasthan, India | |||
| Panchmi Expserve Private Limited | ₹1.77 Lakh (FY 2023) | -92.0% | Mumbai, Maharashtra, India | |||
| Brijdham Vyapaar Pvt Ltd | ₹1.77 Lakh (FY 2025) | -5.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Chathurthi Chits Private Limited, buy the company report.
Auditor
Chathurthi Chits Private Limited is audited by AGALIGOPALAKRISHNACHANDRASHEKAR for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AGALIGOPALAKRISHNACHANDRASHEKAR | FY 2017 | 029950 |
Shareholding
The shareholding of Chathurthi Chits Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Chathurthi Chits Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Nov 2014 | 100133540 | Indian Bank | ₹32.45 Lakh | Open |
To see the full charge records of Chathurthi Chits Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Chathurthi Chits Private Limited has 208 court cases on record: 207 filed by Chathurthi Chits, 1 filed against it. 4 cases are pending and 204 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 208 | 1 | 4 |
Cases on record (5 of 208)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, UDUPI, Karnataka | Criminal miscellaneous application | Filed by the company against an individual | Pending |
| District court, UDUPI, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
| District court, UDUPI, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
| District court, UDUPI, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
| District court, UDUPI, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
To see the full case history of Chathurthi Chits 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 Chathurthi Chits Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Chathurthi Chits has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCC2329A1Z3 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Chathurthi Chits Private Limited, buy the company report.
Recent activity
Chathurthi Chits Private Limited has 7 board changes on record since 2013: 4 appointments and 3 cessations. The latest: Lakshmisaraswathi ceased to be Director on 11 Jun 2025.
Frequently asked questions
Chathurthi Chits is an active private limited company based in Udupi, Karnataka, India. The company works in financial activities, within the financial services industry. It was incorporated on 26 April 2013 (13+ years old) and is registered under CIN U65992KA2013PTC068773.
Chathurthi Chits has 2 current directors:
- Savitha Nayak - Managing Director
- Sudhish Nayak - Director
The latest financial statements of Chathurthi 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 Chathurthi Chits is 29AAFCC2329A1Z3, registered in Karnataka.
The CIN (Corporate Identification Number) of Chathurthi Chits is U65992KA2013PTC068773. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Chathurthi Chits has 208 court cases on record: 207 filed by the company and 1 filed against it. 4 are pending.
Chathurthi Chits was incorporated on 26 April 2013, making it 13+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Chathurthi Chits by revenue are Ruptara Merchants Pvt Ltd, Higgloe Enterprises Private Limited, Sulekha Vanijya Pvt Ltd, Sidhivinayak Vypar and Vitt Private Limited, Shri Mahalakshmi (Ilkal) Chits Private Limited and 5 more, all in the same principal business activity (activities auxiliary to financial service and insurance activities).
Lakshmisaraswathi ceased to be Director on 11 Jun 2025. Raghavendra Havanje Aithal ceased to be Director on 11 Jun 2025. Lakshmisaraswathi was appointed as Director on 03 Dec 2020. Chathurthi Chits has 7 board changes on record in total.
The registered office of Chathurthi Chits is at Door No. 11 – 1 – 146 S 18 3rd Floor Mythri Complex Near Service Bus Stand, Udupi, Karnataka, India – 576101.
Chathurthi Chits operates in the financial services industry, in the financial activities segment.