Hari Sri Vari Chits Private Limited
About Hari Sri Vari Chits Private Limited
Data last updated:
Hari Sri Vari Chits Private Limited is a private limited company based in Tiruppur, Tamil Nadu, India. It operates in the financial intermediation and lending segment of the financial services sector. It was incorporated on 16 July 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U65992TZ2013PTC019690.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors Nachimuthu (Managing Director) and Nachimuthu Saraswathi.
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 Tiruppur, Tamil Nadu.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.57 Cr, a growth of 14% compared to the previous year. For the same year it recorded a net profit of ₹19.87 Lakh (net margin 12.6%) and EBITDA of ₹42.18 Lakh (EBITDA margin 26.8%). Revenue has grown at a compounded annual rate (CAGR) of 53% over three years and 32% over five years.
Court records list 2 cases involving the company, including 2 filed by the company; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressNo.43/15 3rd Floor, Murugananthapuram 1st Street, Tiruppur, Tamil Nadu, India – 641602
- IndustryFinancial Services, Other Financial Intermediation, Kuri Companies, Chit Fund
- 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 Hari Sri Vari Chits Private Limited
The main business activity of Hari Sri Vari Chits is financial and insurance service. In detail, this covers other financial activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities | 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 Hari Sri Vari Chits Private Limited FY 2025 filings available
Hari Sri Vari Chits Private Limited reported revenue of ₹1.57 Cr (up 14% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Hari Sri Vari Chits Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 32% over five years, including 14% growth in the latest year. EBITDA rose 82% 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 Hari Sri Vari Chits Private Limited
| 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 | ₹42.18 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹19.87 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 Hari Sri Vari Chits Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 26.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 12.6% | •••• | •••• | •••• | •••• |
| 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 Hari Sri Vari 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.
Board of Directors of Hari Sri Vari Chits Private Limited
Hari Sri Vari Chits has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nachimuthu | Managing Director | 16 Jul 2013 | 13 Years 3 Months | Current |
| Nachimuthu Saraswathi | Director | 16 Jul 2013 | 13 Years 3 Months | Current |
Peer Comparison of Hari Sri Vari Chits Private Limited
Hari Sri Vari Chits Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Other financial activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Soorya Suraksha Nidhi Limited | ₹1.58 Cr (FY 2024) | •••• | •••• | 68.0% | •••• | Palakkad, Kerala, India |
| Adhikar Microfinance Private Limited | ₹1.58 Cr (FY 2024) | •••• | •••• | -66.0% | •••• | Bhubaneswar, Odisha, India |
| Amzes Trading Private Limited | ₹1.58 Cr (FY 2024) | •••• | •••• | -37.0% | •••• | Thiruvananthapuram, Kerala, India |
| Saral Home Finance Limited | ₹1.57 Cr (FY 2025) | •••• | •••• | -37.0% | •••• | New Delhi, Delhi, India |
| Gems Commercial Co Ltd | ₹1.57 Cr (FY 2019) | •••• | •••• | 40.0% | •••• | Kolkata, West Bengal, India |
| Hari Sri Vari Chits Private Limited this company | ₹1.57 Cr (FY 2025) | •••• | •••• | 14.0% | •••• | Tiruppur, Tamil Nadu, India |
| Gian Finance Ltd | ₹1.57 Cr (FY 2025) | •••• | •••• | 16.0% | •••• | Kolkata, West Bengal, India |
| Vishwas Venture Private Limited | ₹1.57 Cr (FY 2018) | •••• | •••• | 153.0% | •••• | Ahmedabad, Gujarat, India |
| Mcdowell Holdings Limited Listed | ₹1.57 Cr (FY 2019) | •••• | •••• | 51.0% | •••• | Bangalore, Karnataka, India |
| Dream Fincap Private Limited | ₹1.57 Cr (FY 2025) | •••• | •••• | -31.0% | •••• | Kishangarh, Rajasthan, India |
| Simmant Investments Private Limited | ₹1.57 Cr (FY 2025) | •••• | •••• | 12.0% | •••• | Hyderabad, Telangana, India |
Peers are the five companies nearest above and the five nearest below Hari Sri Vari Chits by revenue in the same principal business activity (Other financial activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Ownership and Shareholding of Hari Sri Vari 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 Hari Sri Vari Chits Private Limited
Hari Sri Vari Chits Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Hari Sri Vari Chits Private Limited
Hari Sri Vari Chits Private Limited has 2 court cases on record: 2 filed by Hari Sri Vari Chits. All cases are pending. Status as checked between 01 Oct 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 2 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Tiruppur, Tamil Nadu | Criminal case | Filed by the company against an individual | Pending |
| District court, Tiruppur, Tamil Nadu | Criminal case | Filed by the company against Ambika Proprietrix of M/S.A.G.Fashions | Pending |
Full case history
All 2 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Hari Sri Vari Chits Private Limited
Employment history and EPFO contributions of people linked to Hari Sri Vari Chits.
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 Hari Sri Vari Chits Private Limited
Hari Sri Vari Chits Private Limited has 2 board changes on record since 2013: 2 appointments. The latest: Nachimuthu was appointed as Managing Director on 16 Jul 2013.
Credit Ratings, Litigation & Regulatory Alerts for Hari Sri Vari 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 Hari Sri Vari 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 Hari Sri Vari 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.
GST Compliance of Hari Sri Vari 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.
MCA Filings & Documents of Hari Sri Vari 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.
Frequently Asked Questions about Hari Sri Vari Chits Private Limited
Hari Sri Vari Chits is an active private limited company based in Tiruppur, Tamil Nadu, India. The company works in other financial intermediation, within the financial services industry. It was incorporated on 16 July 2013 (13+ years old) and is registered under CIN U65992TZ2013PTC019690.
Hari Sri Vari Chits reported revenue of ₹1.57 Cr for FY 2025 (up 14% YoY).
Hari Sri Vari Chits has 2 current directors:
- Nachimuthu - Managing Director
- Nachimuthu Saraswathi - Director
Hari Sri Vari Chits reported a net profit of ₹19.87 Lakh (net margin 12.6%) and EBITDA of ₹42.18 Lakh (EBITDA margin 26.8%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Hari Sri Vari Chits is 53% over three years and 32% over five years. In the latest year (FY 2025) revenue rose 14%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Hari Sri Vari Chits is U65992TZ2013PTC019690. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hari Sri Vari Chits has 2 court cases on record: 2 filed by the company. 2 are pending.
Hari Sri Vari Chits was incorporated on 16 July 2013, making it 13+ years old. It is registered with the Registrar of Companies, Coimbatore.
The peers of Hari Sri Vari Chits by revenue are Soorya Suraksha Nidhi Limited, Adhikar Microfinance Private Limited, Amzes Trading Private Limited, Saral Home Finance Limited, Gems Commercial Co Ltd and 5 more, all in the same principal business activity (Other financial activities).
Nachimuthu was appointed as Managing Director on 16 Jul 2013. Nachimuthu Saraswathi was appointed as Director on 16 Jul 2013.
The registered office of Hari Sri Vari Chits is at No.4315 3rd Floor, Murugananthapuram 1st Street, Tiruppur, Tamil Nadu, India – 641602.