About Chitale CFS Private Limited
Data last updated:
Chitale CFS Private Limited is a private limited company based in Amravati, Maharashtra, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 08 February 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2019PTC320838. Its GSTIN is 27AAICC0077G1ZR (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹3 Lakh. It was formerly known as Chitale Financial Solutions Private Limited. It is led by directors including Sunil Prabhakar Chitale and Radhika Sunil Chitale.
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 C/O Ms. Radhika Sunil Chitale Vishnulaxmi Apartment First Floor Balaji Plot, Amravati, Maharashtra, India – 444605.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.16 Cr, a growth of 17% compared to the previous year. For the same year it recorded a net profit of ₹36.04 Lakh (net margin 16.7%) and EBITDA of ₹49.62 Lakh (EBITDA margin 23%). Revenue has grown at a compounded annual rate (CAGR) of 194% over three years.
For more details, the company can be reached via its website chitaleinvestments.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressC/O Ms. Radhika Sunil Chitale Vishnulaxmi Apartment First Floor Balaji Plot, Amravati, Maharashtra, India – 444605
- IndustryFinancial Services, Diversified Financial Services
- 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 Chitale CFS Private Limited
The main business activity of Chitale CFS is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services | 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 Chitale CFS Private Limited FY 2024 filings available
Chitale CFS Private Limited reported revenue of ₹2.16 Cr (up 17% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Chitale CFS Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 194% over three years, including 17% growth in the latest year. EBITDA rose 8% 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 Chitale CFS Private Limited
| 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 | ₹49.62 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹36.04 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 of Chitale CFS Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 23% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 16.7% | •••• | •••• | •••• | •••• |
| 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 Chitale CFS are in the company report.
Financial statements from FY 2019
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 Chitale CFS Private Limited
Chitale CFS Private Limited is compared with the companies closest to it by revenue in the BFSI industry (Other Financial Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ritika Enterprises Private Limited | ₹2.17 Cr (FY 2025) | •••• | •••• | 34.0% | •••• | Delhi, India |
| S.P.Forex Private Limited | ₹2.16 Cr (FY 2020) | •••• | •••• | -21.0% | •••• | Chennai, Tamil Nadu, India |
| Oberoi Buildings & Investments Pvt Ltd | ₹2.16 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | Kolkata, West Bengal, India |
| Sri Kakatiya Shelters Private Limited | ₹2.16 Cr (FY 2024) | •••• | •••• | -19.0% | •••• | Hyderabad, Telangana, India |
| Ronis Finance Private Limited | ₹2.16 Cr (FY 2025) | •••• | •••• | 113.0% | •••• | Kolkata, West Bengal, India |
| Chitale CFS Private Limited this company | ₹2.16 Cr (FY 2024) | •••• | •••• | 17.0% | •••• | Amravati, Maharashtra, India |
| Lotusmint Wealth Private Limited | ₹2.16 Cr (FY 2024) | •••• | •••• | 26.0% | •••• | Bhubaneswar, Odisha, India |
| Pic Realcon Limited | ₹2.16 Cr (FY 2025) | •••• | •••• | 59.0% | •••• | Kolkata, West Bengal, India |
| Flexitrade Multi Service (OPC) Private Limited | ₹2.16 Cr (FY 2025) | •••• | •••• | 24.0% | •••• | Barrackpur, West Bengal, India |
| Our Own Nidhi Limited | ₹2.16 Cr (FY 2025) | •••• | •••• | 51.0% | •••• | Kottayam, Kerala, India |
| Vrishank Financial Services Private Limited | ₹2.16 Cr (FY 2025) | •••• | •••• | 63.0% | •••• | Hooghly, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Chitale CFS by revenue in the BFSI industry (Other Financial Services), 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 Chitale CFS Private Limited
Chitale CFS Private Limited is audited by TAMBI AND JAIPURKAR for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| TAMBI AND JAIPURKAR | 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 Chitale CFS Private Limited
Chitale CFS has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sunil Prabhakar Chitale | Director | 08 Feb 2019 | 7 Years 8 Months | Current |
| Radhika Sunil Chitale | Director | 08 Feb 2019 | 7 Years 8 Months | Current |
| Sayali Sunil Chitale | Director | 08 Feb 2019 | 7 Years 8 Months | Current |
| Ameya Vivek Vaidya | Director | 15 Jan 2022 | 4 Years 8 Months | Current |
Ownership and Shareholding of Chitale CFS 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 Chitale CFS Private Limited
Chitale CFS Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Chitale CFS Private Limited
Employment history and EPFO contributions of people linked to Chitale CFS.
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.
Recent Activity on Chitale CFS Private Limited
Chitale CFS Private Limited has 4 board changes on record since 2019: 4 appointments. The latest: Ameya Vivek Vaidya was appointed as Director on 15 Jan 2022.
Credit Ratings, Litigation & Regulatory Alerts for Chitale CFS 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 Chitale CFS 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 Chitale CFS 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 Chitale CFS Private Limited
Chitale CFS has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAICC0077G1ZR | Maharashtra | Active | 12 Feb 2021 |
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 Chitale CFS 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 Chitale CFS Private Limited
Chitale CFS is an active private limited company based in Amravati, Maharashtra, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 08 February 2019 (7+ years old) and is registered under CIN U74999MH2019PTC320838.
Chitale CFS reported revenue of ₹2.16 Cr for FY 2024 (up 17% YoY).
Chitale CFS has 4 current directors:
- Sunil Prabhakar Chitale - Director
- Radhika Sunil Chitale - Director
- Sayali Sunil Chitale - Director
- Ameya Vivek Vaidya - Director
Chitale CFS reported a net profit of ₹36.04 Lakh (net margin 16.7%) and EBITDA of ₹49.62 Lakh (EBITDA margin 23%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Chitale CFS is 194% over three years. In the latest year (FY 2024) revenue rose 17%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Chitale CFS is 27AAICC0077G1ZR, registered in Maharashtra.
The CIN (Corporate Identification Number) of Chitale CFS is U74999MH2019PTC320838. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Chitale CFS was incorporated on 08 February 2019, making it 7+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Chitale CFS by revenue are Ritika Enterprises Private Limited, S.P.Forex Private Limited, Oberoi Buildings & Investments Pvt Ltd, Sri Kakatiya Shelters Private Limited, Ronis Finance Private Limited and 5 more, all in the BFSI industry (Other Financial Services).
Ameya Vivek Vaidya was appointed as Director on 15 Jan 2022. Radhika Sunil Chitale was appointed as Director on 08 Feb 2019. Sayali Sunil Chitale was appointed as Director on 08 Feb 2019. Chitale CFS has 4 board changes on record in total.
Chitale CFS can be reached through the website chitaleinvestments.com. Its registered office is in Amravati, Maharashtra, India.