Hethai Amman Chit Funds Private Limited

Hethai Amman Chit Funds Private Limited - financial services in Ooty, Tamil Nadu, India. FY 2026 financials & compliance.
CIN U65992TZ2014PTC020251 Incorporated 13 February 2014 ROC Coimbatore HQ Ooty, Tamil Nadu, India
Active Private Limited Company financial services
Data last updated
Revenue · FY 2024
₹7.22 Lakh
▼ 7% YoY
Net profit · FY 2024
₹49,216
Net margin 6.8%
EBITDA · FY 2024
₹83,533
EBITDA margin 11.6%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹2 Lakh
Issued & subscribed
Company age
12 yrs
Est. 2014
Directors on board
2
As per MCA filings
Last financials
Mar 2024
Balance sheet date

About Hethai Amman Chit Funds Private Limited

Data last updated:

Hethai Amman Chit Funds Private Limited is a private limited company based in Ooty, Tamil Nadu, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 13 February 2014 and has been in existence for over 12 years.

The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U65992TZ2014PTC020251.

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors Raman Kannan and Vanathi Kannan.

Its last annual general meeting (AGM) was held on 27 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 45 U Vijayanagar Palace Road Near Rose Garden, Ooty, Tamil Nadu, India – 643001.

As per the financials filed for FY 2024, the company reported a revenue of ₹7.22 Lakh, a decline of 7% compared to the previous year. For the same year it recorded a net profit of ₹49,216 (net margin 6.8%) and EBITDA of ₹83,533 (EBITDA margin 11.6%). Revenue has grown at a compounded annual rate (CAGR) of 360% over three years and 5% over five years.

The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U65992TZ2014PTC020251
Registration Number 020251
Incorporation Date 13 February 2014
ROC Coimbatore
Listing Status Unlisted
Company Status Active
Date of Last AGM 27 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant

Contact details

Hethai Amman Chit Funds Private Limited's registered office is in Ooty, Tamil Nadu. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    45 U Vijayanagar Palace Road Near Rose Garden, Ooty, Tamil Nadu, India – 643001
  • Industry
    Financial Services, Financial Activities

To see the full contact details of Hethai Amman Chit Funds Private Limited, buy the company report.

Comprehensive company report
Hethai Amman Chit Funds Private Limited - one report that includes everything
  • 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
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Business activity

The main business activity of Hethai Amman Chit Funds is financial and insurance service. In detail, this covers other financial activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
KFinancial and insurance ServiceK8Other financial activities

To see the full business activity and turnover split of Hethai Amman Chit Funds Private Limited, buy the company report.

Financials of Hethai Amman Chit Funds Private Limited

FY 2024 filings available

Hethai Amman Chit Funds Private Limited reported revenue of ₹7.22 Lakh (down 7% YoY) for FY 2024.

Revenue · FY 2024
₹7.22 Lakh ▼ 7%
Net profit · FY 2024
₹49,216 margin 6.8%
EBITDA · FY 2024
₹83,533 margin 11.6%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 7%
3 years · compounded
▲ 360%
5 years · compounded
▲ 5%
EBITDA CAGR growth
1 year
▼ 24%
3 years · compounded
▲ 370%
5 years · compounded
▼ 4%

Revenue fell 7% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 5%. EBITDA fell 24% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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₹83,533
Profit Before Tax
Tax Expense
Net Profit (PAT)₹49,216
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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin11.6%
Net Profit Margin6.8%
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 Hethai Amman Chit Funds Private Limited, buy the company report.

Board of directors of Hethai Amman Chit Funds Private Limited

Hethai Amman Chit Funds has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Raman KannanDirector13 Feb 201412 Years 8 MonthsCurrent
Vanathi KannanDirector13 Feb 201412 Years 8 MonthsCurrent

Peer comparison

Hethai Amman Chit Funds Private Limited is compared with the 9 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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Skyline Chit Funds Chennai Private Limited₹7.29 Lakh (FY 2024)11.0%Chennai, Tamil Nadu, India
Shraddha Saburi Chit Funds (Karnataka) Private Limited₹7.28 Lakh (FY 2022)-14.0%Gangavathi, Karnataka, India
Mayilmurugan Chit Funds Private Limited₹7.26 Lakh (FY 2025)0.0%Coimbatore, Tamil Nadu, India
Sriman Chit Funds Private Limited₹7.25 Lakh (FY 2025)81.0%Tirupur, Tamil Nadu, India
Hethai Amman Chit Funds Private Limitedthis company₹7.22 Lakh (FY 2024)₹49,2166.8%-7.0%Ooty, Tamil Nadu, India
Sri Jarr Chit Funds Private Limited₹7.2 Lakh (FY 2025)-51.0%Khammam, Telangana, India
Manghalam Chit Funds Private Limited₹7.16 Lakh (FY 2025)2.0%Hyderabad, Telangana, India
S.V.Rm. Chit Funds Private Limited₹7.12 Lakh (FY 2025)72.0%Ambasamudram, Tamil Nadu, India
Chitrahar Chit Funds Private Limited₹7.01 Lakh (FY 2025)-30.0%Hyderabad, Telangana, India
Vallimeena Chit Funds Private Limited₹6.97 Lakh (FY 2025)-37.0%Coimbatore, Tamil Nadu, India

To see the full peer comparison of Hethai Amman Chit Funds Private Limited, buy the company report.

Auditor

Hethai Amman Chit Funds Private Limited is audited by P HARIHARAN for the financial year 2017.

Auditor firmFinancial yearFirm registration number
P HARIHARANFY 2017207168

Shareholding

The shareholding of Hethai Amman Chit Funds Private Limited is on record for 4 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2017FY 2016FY 2015FY 2014
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Hethai Amman Chit Funds Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Hethai Amman Chit Funds Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

No GST registration is on our record for Hethai Amman Chit Funds Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Hethai Amman Chit Funds Private Limited has 2 board changes on record since 2014: 2 appointments. The latest: Raman Kannan was appointed as Director on 13 Feb 2014.

AGM
Hethai Amman Chit Funds Private Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.
Filing
Hethai Amman Chit Funds Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.
Appointed
Raman Kannan was appointed as Director.
Appointed
Vanathi Kannan was appointed as Director.
Incorporation
13 Feb 2014
Hethai Amman Chit Funds Private Limited was registered on 13 Feb 2014 with Roc Coimbatore & aged 12 years 8 months as per MCA records.

Frequently asked questions

Hethai Amman Chit Funds is an active private limited company based in Ooty, Tamil Nadu, India. The company works in financial activities, within the financial services industry. It was incorporated on 13 February 2014 (12+ years old) and is registered under CIN U65992TZ2014PTC020251.

Hethai Amman Chit Funds has 2 current directors:

The latest financial statements of Hethai Amman Chit Funds on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 27 September 2024. Year-wise statements from 2015 are in the company report.

The CIN (Corporate Identification Number) of Hethai Amman Chit Funds is U65992TZ2014PTC020251. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Hethai Amman Chit Funds was incorporated on 13 February 2014, making it 12+ years old. It is registered with the Registrar of Companies, Coimbatore.

The peers of Hethai Amman Chit Funds by revenue are Skyline Chit Funds Chennai Private Limited, Shraddha Saburi Chit Funds (Karnataka) Private Limited, Mayilmurugan Chit Funds Private Limited, Sriman Chit Funds Private Limited, Sri Jarr Chit Funds Private Limited and 4 more, all in the BFSI industry (Chit Funds), with the same principal business activity (other financial activities).

Raman Kannan was appointed as Director on 13 Feb 2014. Vanathi Kannan was appointed as Director on 13 Feb 2014.

The registered office of Hethai Amman Chit Funds is at 45 U Vijayanagar Palace Road Near Rose Garden, Ooty, Tamil Nadu, India – 643001.

Hethai Amman Chit Funds operates in the financial services industry, in the financial activities segment.

The compliance status of Hethai Amman Chit Funds is compliant as of 15 September 2026. The company is actively filing with the Registrar of Companies.

Hethai Amman Chit Funds can be reached at its registered office: 45 U Vijayanagar Palace Road Near Rose Garden, Ooty, Tamil Nadu, India – 643001.