Concord Credit Limited
About Concord Credit Limited
Data last updated:
Concord Credit Limited is a public limited company based in Ernakulam, Kerala, India. It operates in the non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 02 April 1984 and has been in existence for over 42 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U65923KL1984PLC003951. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹3.95 Cr. It is led by directors including Kurian Chirathalattu George (Managing Director) and Rohit George Kurian.
Its last annual general meeting (AGM) was held on 25 May 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 2nd Floor2Nd Floor Chittoor Road, Ernakulam, Kerala, India – 682018.
As per the financials filed for FY 2026, the company reported a revenue of ₹41.43 Lakh, a decline of 70% compared to the previous year. For the same year it recorded a net profit of ₹14.11 Lakh (net margin 34.1%) and EBITDA of ₹19.31 Lakh (EBITDA margin 46.6%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years and 126% over five years.
As per MCA filings, the company has satisfied charges of ₹14.85 Cr on record. Court records list 79 cases involving the company, including 74 filed by the company and 5 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Concord Credit Limited's registered office is in Ernakulam, Kerala. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address2nd Floor2Nd Floor Chittoor Road, Ernakulam, Kerala, India – 682018
- IndustryFinancial Services, NBFC, Investment & Credit NBFC
To see the full contact details of Concord Credit 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 Concord Credit is financial and insurance activities. In detail, this covers financial service activities, except insurance and pension funding.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance activities | 64 | Financial service activities, except insurance and pension funding |
To see the full business activity and turnover split of Concord Credit Limited, buy the company report.
Financials of Concord Credit Limited
FY 2026 filings availableConcord Credit Limited reported revenue of ₹41.43 Lakh (down 70% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR)
Revenue fell 70% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 126%. EBITDA fell 83% 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹41.43 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹19.31 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹14.11 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 46.6% | ||||
| Net Profit Margin | 34.1% | ||||
| 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 Concord Credit Limited, buy the company report.
Board of directors of Concord Credit Limited
Concord Credit has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rohit George Kurian Also directs: Concord Tea and Produce Pvt Ltd, Malabar Properties Pvt Ltd | Director | 30 Sep 2005 | 21 Years 1 Months | Current |
| Kurian Chirathalattu George Also directs: Concord Tea and Produce Pvt Ltd, Muthoot Vehicle & Asset Finance Limited, Muthoot Securities Limited and 2 more | Managing Director | 02 Apr 1984 | 42 Years 7 Months | Current |
| Betsy Elizabeth Kurian Also directs: Concord Tea and Produce Pvt Ltd, Malabar Properties Pvt Ltd | Director | 30 Sep 2003 | 23 Years 1 Months | Current |
Auditor
Concord Credit Limited is audited by G R A N D M A R K AND ASSOCIATES for the financial year 2026.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G R A N D M A R K AND ASSOCIATES | FY 2026 | 011317N |
Shareholding
The shareholding of Concord Credit Limited is on record for 5 financial years, the latest being FY 2026, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Concord Credit Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Sep 2010 | 10244247 | The South Indian Banklimited | ₹4.5 Cr | Satisfied | |
| 02 Oct 2009 | 10176954 | P M Thomas | ₹8 Cr | Satisfied | |
| 12 Aug 1999 | 90022471 | P.P. Zibi Jose (P.C.Secrt.) | ₹2 Cr | Satisfied | |
| 28 Nov 1991 | 90021932 | The Federal Bank Limited | ₹35 Lakh | Satisfied |
To see the full charge records of Concord Credit Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Concord Credit Limited has 79 court cases on record: 74 filed by Concord Credit, 5 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 60 | 1 | 0 |
| High courts | 19 | 4 | 0 |
Cases on record (5 of 79)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ernakulam, Kerala | Execution petition | Filed by the company against individuals | Disposed |
| District court, Ernakulam, Kerala | Execution petition | Filed by the company against individuals | Disposed |
| District court, Ernakulam, Kerala | Execution petition | Filed by the company against individuals | Disposed |
| District court, Ernakulam, Kerala | Criminal complaint | Filed by the company against an individual | Disposed |
| District court, Ernakulam, Kerala | Execution petition | Filed by the company against individuals | Disposed |
To see the full case history of Concord Credit 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 Concord Credit Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Concord Credit 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 Concord Credit Limited, buy the company report.
Recent activity
Concord Credit Limited has 5 board changes on record since 1984: 3 appointments and 2 cessations. The latest: Kurian Chirathalattu George ceased to be Managing Director on 30 Sep 2018.
6 earlier events are in the company report.
Frequently asked questions
Concord Credit is an active public limited company based in Ernakulam, Kerala, India. The company works in nbfc, within the financial services industry. It was incorporated on 02 April 1984 (42+ years old) and is registered under CIN U65923KL1984PLC003951.
Concord Credit has 3 current directors:
- Kurian Chirathalattu George - Managing Director
- Rohit George Kurian - Director
- Betsy Elizabeth Kurian - Director
The latest financial statements of Concord Credit on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 25 May 2026. Year-wise statements from 2015 are in the company report.
No. Concord Credit has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Concord Credit is U65923KL1984PLC003951. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Concord Credit has 79 court cases on record: 74 filed by the company and 5 filed against it. Most are in the district courts.
Concord Credit was incorporated on 02 April 1984, making it 42+ years old. It is registered with the Registrar of Companies, Ernakulam.
Kurian Chirathalattu George ceased to be Managing Director on 30 Sep 2018. Parimal Moghabhai Desai ceased to be Director on 10 Mar 2009. Rohit George Kurian was appointed as Director on 30 Sep 2005. Concord Credit has 5 board changes on record in total.
The registered office of Concord Credit is at 2nd Floor2Nd Floor Chittoor Road, Ernakulam, Kerala, India – 682018.
Concord Credit operates in the financial services industry, in the nbfc segment.
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.
