Dhananandini Chit Funds Private Limited
About Dhananandini Chit Funds Private Limited
Data last updated:
Dhananandini Chit Funds Private Limited is a private limited company based in Hanamkonda, Telangana, India. It operates in the financial intermediation and lending segment of the financial services sector. It was incorporated on 07 December 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U65929TG2016PTC113297. Its GSTIN is 36AAFCD9682B1ZJ (Telangana).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹25 Lakh. It is led by directors Ramesh Kayyala (Managing Director) and Nagalaxmi Kayyala.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at H.No 1 – 7 – 842/1 Shanthi Nagar Hunter Road, Hanamkonda, Telangana, India – 506001.
As per the financials filed for FY 2021, the company reported a revenue of ₹48.83 Lakh, a decline of 1% compared to the previous year. For the same year it recorded a net loss of ₹14,359 (net margin -0.3%) and EBITDA of ₹2.38 Lakh (EBITDA margin 4.9%). Revenue has grown at a compounded annual rate (CAGR) of 37% over three years.
Court records list 6 cases involving the company, including 2 filed by the company and 4 filed against it; 3 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Dhananandini Chit Funds Private Limited's registered office is in Hanamkonda, Telangana. Its e-mail address is in the company report.
- Email
- Registered AddressH.No 1 – 7 – 842/1 Shanthi Nagar Hunter Road, Hanamkonda, Telangana, India – 506001
- IndustryFinancial Services, Other Financial Intermediation, Pawn Shops, Credit Allocation Agencies
To see the full contact details of Dhananandini Chit Funds 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 Dhananandini Chit Funds 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 Dhananandini Chit Funds Private Limited, buy the company report.
Financials of Dhananandini Chit Funds Private Limited
FY 2021 filings availableDhananandini Chit Funds Private Limited reported revenue of ₹48.83 Lakh (down 1% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue fell 1% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 37%. EBITDA rose 438% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| 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 | ₹2.38 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹14,359 | ||||
| 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.9% | ||||
| Net Profit Margin | -0.3% | ||||
| 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 Dhananandini Chit Funds Private Limited, buy the company report.
Board of directors of Dhananandini Chit Funds Private Limited
Dhananandini Chit Funds has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nagalaxmi Kayyala | Director | 03 Aug 2017 | 9 Years 3 Months | Current |
| Ramesh Kayyala Also directs: Sri Tamanvi Chit Funds Private Limited | Managing Director | 07 Dec 2016 | 9 Years 10 Months | Current |
Peer comparison
Dhananandini Chit Funds Private Limited is compared with the 7 companies closest to it by revenue in the BFSI industry (Chit Funds), 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 |
|---|---|---|---|---|---|---|
| Manahitha Chit Funds Private Limited | ₹50.04 Lakh (FY 2024) | -14.0% | Godavarikhani, Telangana, India | |||
| Sai Maruti Chit Funds Hyderabad Private Limited | ₹49.82 Lakh (FY 2024) | -4.0% | Hyderabad, Telangana, India | |||
| Sreemathy Chit Funds Private Limited | ₹49 Lakh (FY 2024) | 2.0% | Chennai, Tamil Nadu, India | |||
| Ganti Chit Funds Pvt.Ltd. | ₹48.95 Lakh (FY 2024) | -4.0% | Telangana, India | |||
| Dhananandini Chit Funds Private Limitedthis company | ₹48.83 Lakh (FY 2021) | -₹14,359 | -0.3% | -1.0% | Hanamkonda, Telangana, India | |
| Velavan Chit Funds Private Limited | ₹48.71 Lakh (FY 2015) | 60.0% | Chennai, Tamil Nadu, India | |||
| Karur Ashok Chit Funds (Tamilnadu) Private Limited | ₹48.5 Lakh (FY 2025) | -8.0% | Karur, Tamil Nadu, India | |||
| Nandri Sai Chit Funds Private Limited | ₹48.21 Lakh (FY 2024) | 23.0% | Salem, Tamil Nadu, India |
To see the full peer comparison of Dhananandini Chit Funds Private Limited, buy the company report.
Legal cases
Dhananandini Chit Funds Private Limited has 6 court cases on record: 2 filed by Dhananandini Chit Funds, 4 filed against it. 3 cases are pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 4 | 2 |
| District courts | 2 | 0 | 1 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court for State of Telangana | Writ petition | Filed against the company | Pending |
| High Court, TELANGANA | Revision petition | Filed against the company by an individual | Pending |
| District court, Hanumakonda, Telangana | Cheque dishonour complaint | Filed by the company against an individual | Pending |
| High Court for State of Telangana | Revision petition | Filed against the company by an individual | Disposed |
| High Court, TELANGANA | Revision petition | Filed against the company by individuals | Disposed |
To see the full case history of Dhananandini Chit Funds 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 Dhananandini Chit Funds Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Dhananandini Chit Funds has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAFCD9682B1ZJ | Telangana | Active | 01 Feb 2018 |
To see the full GST registrations and return filing status of Dhananandini Chit Funds Private Limited, buy the company report.
Recent activity
Dhananandini Chit Funds Private Limited has 3 board changes on record since 2016: 2 appointments and 1 cessation. The latest: Naveen Bandaru ceased to be Director on 06 Nov 2019.
Frequently asked questions
Dhananandini Chit Funds is an active private limited company based in Hanamkonda, Telangana, India. The company works in other financial intermediation, within the financial services industry. It was incorporated on 07 December 2016 (10+ years old) and is registered under CIN U65929TG2016PTC113297.
Dhananandini Chit Funds has 2 current directors:
- Ramesh Kayyala - Managing Director
- Nagalaxmi Kayyala - Director
The latest financial statements of Dhananandini Chit Funds on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Dhananandini Chit Funds is 36AAFCD9682B1ZJ, registered in Telangana.
The CIN (Corporate Identification Number) of Dhananandini Chit Funds is U65929TG2016PTC113297. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Dhananandini Chit Funds has 6 court cases on record: 2 filed by the company and 4 filed against it. 3 are pending. Most are in the high courts.
Dhananandini Chit Funds was incorporated on 07 December 2016, making it 10+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Dhananandini Chit Funds by revenue are Manahitha Chit Funds Private Limited, Sai Maruti Chit Funds Hyderabad Private Limited, Sreemathy Chit Funds Private Limited, Ganti Chit Funds Pvt.Ltd, Velavan Chit Funds Private Limited and 2 more, all in the BFSI industry (Chit Funds), with the same principal business activity (other financial activities).
Naveen Bandaru ceased to be Director on 06 Nov 2019. Nagalaxmi Kayyala was appointed as Director on 03 Aug 2017. Ramesh Kayyala was appointed as Managing Director on 07 Dec 2016.
The registered office of Dhananandini Chit Funds is at H.No 1 – 7 – 8421 Shanthi Nagar Hunter Road, Hanamkonda, Telangana, India – 506001.
Dhananandini Chit Funds operates in the financial services industry, in the other financial intermediation 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.
