About Elroy Chits Private Limited
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Elroy Chits Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 05 August 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U65992KA2013PTC070442.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Rajan Jocob (Managing Director) and Omana Rajan.
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 No. 10/3 – 1 2nd Floor Banaswadi Main Road Jai Bharathi Nagar, Bangalore, Karnataka, India – 560033.
As per the financials filed for FY 2018, the company reported a revenue of ₹24.32 Lakh, a decline of 24% compared to the previous year. For the same year it recorded a net loss of ₹46.53 Lakh (net margin -191.3%) and EBITDA of -₹39.04 Lakh (EBITDA margin -160.5%). Revenue has declined at a compounded annual rate (CAGR) of 36% over three years.
The company has about 1 employee on its provident fund (EPFO) records.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website elroychits.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressNo. 10/3 – 1 2nd Floor Banaswadi Main Road Jai Bharathi Nagar, Bangalore, Karnataka, India – 560033
- IndustryFinancial Services, Microfinance Institutions
- 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
Auditor Details of Elroy Chits Private Limited
Elroy Chits Private Limited is audited by SHARATH UDUPI AND CO for the financial year 2018.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SHARATH UDUPI AND CO | 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 Elroy Chits Private Limited
Elroy Chits has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajan Jocob Also directs: Babitha Conveyance Solutions Private Limited | Managing Director | 05 Aug 2013 | 13 Years 2 Months | Current |
| Omana Rajan Also directs: Babitha Conveyance Solutions Private Limited | Director | 12 May 2016 | 10 Years 4 Months | Current |
Financials of Elroy Chits Private Limited FY 2024 filings available
Elroy Chits Private Limited reported revenue of ₹24.32 Lakh (down 24% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR) of Elroy Chits Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 36% over three years, including a 24% fall 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 Elroy Chits Private Limited
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• |
| Total Revenue | ₹24.32 Lakh | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• |
| EBITDA | -₹39.04 Lakh | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹46.53 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 Elroy Chits Private Limited
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -160.5% | •••• | •••• | •••• |
| Net Profit Margin | -191.3% | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• |
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 Elroy Chits are in the company report.
Financial statements from 2015
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.
Ownership and Shareholding of Elroy Chits 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 Elroy Chits Private Limited
Elroy Chits Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Elroy Chits Private Limited
Elroy Chits Private Limited has a workforce of 1 employees as of Mar 27, 2024.
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.
GST Compliance of Elroy Chits Private Limited
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.
Credit Ratings, Litigation & Regulatory Alerts for Elroy Chits 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 Elroy Chits 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 Elroy Chits 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.
MCA Filings & Documents of Elroy Chits 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.
Recent Activity on Elroy Chits Private Limited
Frequently Asked Questions about Elroy Chits Private Limited
Elroy Chits is an active private limited company based in Bangalore, Karnataka, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 05 August 2013 (13+ years old) and is registered under CIN U65992KA2013PTC070442.
Elroy Chits reported revenue of ₹24.32 Lakh for FY 2018 (down 24% YoY).
Elroy Chits has 2 current directors:
- Rajan Jocob - Managing Director
- Omana Rajan - Director
Elroy Chits reported a net loss of ₹46.53 Lakh (net margin -191.3%) and EBITDA of -₹39.04 Lakh (EBITDA margin -160.5%) for FY 2018, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Elroy Chits is -36% over three years. In the latest year (FY 2018) revenue fell 24%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Elroy Chits is U65992KA2013PTC070442. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Elroy Chits was incorporated on 05 August 2013, making it 13+ years old. It is registered with the Registrar of Companies, Bangalore.
Elroy Chits can be reached through the website elroychits.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Elroy Chits is at No. 103 – 1 2nd Floor Banaswadi Main Road Jai Bharathi Nagar, Bangalore, Karnataka, India – 560033.