About Kadamba Chits (Karnataka) Private Limited
Data last updated:
Kadamba Chits (Karnataka) 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 23 May 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U65992KA2014PTC074600. Its GSTIN is 29AAFCK5342P1ZX (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Nagappa Thimmaya and Bidarakote Chikkananjundaiah Sudhamani.
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 151/1 19th Main 2nd Blcok Rajajinagar, Bangalore, Karnataka, India – 560010.
As per the financials filed for FY 2024, the company reported a revenue of ₹35.22 Lakh, a growth of 29% compared to the previous year. For the same year it recorded a net profit of ₹1.33 Lakh (net margin 3.8%) and EBITDA of ₹10.72 Lakh (EBITDA margin 30.4%). Revenue has declined at a compounded annual rate (CAGR) of 13% over three years and 9% over five years.
As per MCA filings, the company has open charges of ₹35 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website kadambachits.com.
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- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address151/1 19th Main 2nd Blcok Rajajinagar, Bangalore, Karnataka, India – 560010
- 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
Business Activity of Kadamba Chits (Karnataka) Private Limited
The main business activity of Kadamba Chits (Karnataka) 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 Kadamba Chits (Karnataka) Private Limited FY 2024 filings available
Kadamba Chits (Karnataka) Private Limited reported revenue of ₹35.22 Lakh (up 29% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Kadamba Chits (Karnataka) Private Limited
Revenue rose 29% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 9%. EBITDA rose 337% 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 Kadamba Chits (Karnataka) Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 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 | ₹10.72 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.33 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 Kadamba Chits (Karnataka) Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 30.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 3.8% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Kadamba Chits (Karnataka) 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.
Peer Comparison of Kadamba Chits (Karnataka) Private Limited
Kadamba Chits (Karnataka) Private Limited is compared with the companies closest to it by revenue in the BFSI industry (Micro Finance). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Srisaithirumala Chitfunds India Private Limited | ₹36.11 Lakh (FY 2019) | •••• | •••• | -19.0% | •••• | Warangal, Telangana, India |
| Edha Mithra Nidhi Limited | ₹35.99 Lakh (FY 2024) | •••• | •••• | 4.0% | •••• | Kottarakara, Kollam, Kerala, India |
| Aryanshekar Chit Funds Private Limited | ₹35.73 Lakh (FY 2025) | •••• | •••• | 36.0% | •••• | Hyderabad, Telangana, India |
| Sree Viswaguru Real Estates Private Limited | ₹35.52 Lakh (FY 2025) | •••• | •••• | 2.0% | •••• | Tirupathi, Telangana, India |
| Chiramel Kuries Private Limited | ₹35.47 Lakh (FY 2025) | •••• | •••• | 100.0% | •••• | Thrissur, Kerala, India |
| Kadamba Chits (Karnataka) Private Limited this company | ₹35.22 Lakh (FY 2024) | •••• | •••• | 29.0% | •••• | Bangalore, Karnataka, India |
| Tirupur Dwaraka Sai Maharaj Chits Private Limited | ₹35.21 Lakh (FY 2025) | •••• | •••• | -1.0% | •••• | Tirupur, Tamil Nadu, India |
| Mazhil Nidhi Limited | ₹35.14 Lakh (FY 2020) | •••• | •••• | 237.0% | •••• | Theni, Tamil Nadu, India |
| General Kuries and Loans Pvt Ltd | ₹35.09 Lakh (FY 2025) | •••• | •••• | -54.0% | •••• | Thrissur, Kerala, India |
| Sasmita Bussiness Solutions Private Limited | ₹35.03 Lakh (FY 2024) | •••• | •••• | 48.0% | •••• | Pune, Maharashtra, India |
| A.F.Club Chit Fund Private Limited | ₹35 Lakh (FY 2025) | •••• | •••• | -12.0% | •••• | Lucknow, Uttar Pradesh, India |
Peers are the five companies nearest above and the five nearest below Kadamba Chits (Karnataka) by revenue in the BFSI industry (Micro Finance), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Kadamba Chits (Karnataka) Private Limited
Kadamba Chits (Karnataka) Private Limited is audited by DHEERAJ SHENOY & CO for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| DHEERAJ SHENOY & 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 Kadamba Chits (Karnataka) Private Limited
Kadamba Chits (Karnataka) has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nagappa Thimmaya Also directs: Srikadamba Charitable Foundation | Director | 23 May 2014 | 12 Years 4 Months | Current |
| Bidarakote Chikkananjundaiah Sudhamani Also directs: Srikadamba Charitable Foundation | Director | 23 Jul 2018 | 8 Years 2 Months | Current |
Ownership and Shareholding of Kadamba Chits (Karnataka) 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 Kadamba Chits (Karnataka) Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Mar 2021 | Others | ₹15 Lakh | Open |
| 16 Oct 2019 | Others | ₹20 Lakh | Open |
Total charge records: 2 View all charges
Employees and EPFO Compliance at Kadamba Chits (Karnataka) Private Limited
Employment history and EPFO contributions of people linked to Kadamba Chits (Karnataka).
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 Kadamba Chits (Karnataka) Private Limited
Kadamba Chits (Karnataka) Private Limited has 4 board changes on record since 2014: 2 appointments and 2 cessations. The latest: Shruthi Melinakoppa Krishnamurthy ceased to be Director on 23 Aug 2019.
Credit Ratings, Litigation & Regulatory Alerts for Kadamba Chits (Karnataka) 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 Kadamba Chits (Karnataka) 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 Kadamba Chits (Karnataka) 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 Kadamba Chits (Karnataka) Private Limited
Kadamba Chits (Karnataka) has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCK5342P1ZX | Karnataka | Active | 01 Jul 2017 |
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 Kadamba Chits (Karnataka) 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 Kadamba Chits (Karnataka) Private Limited
Kadamba Chits (Karnataka) 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 23 May 2014 (12+ years old) and is registered under CIN U65992KA2014PTC074600.
Kadamba Chits (Karnataka) reported revenue of ₹35.22 Lakh for FY 2024 (up 29% YoY).
Kadamba Chits (Karnataka) has 2 current directors:
- Nagappa Thimmaya - Director
- Bidarakote Chikkananjundaiah Sudhamani - Director
Kadamba Chits (Karnataka) reported a net profit of ₹1.33 Lakh (net margin 3.8%) and EBITDA of ₹10.72 Lakh (EBITDA margin 30.4%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Kadamba Chits (Karnataka) is -13% over three years and -9% over five years. In the latest year (FY 2024) revenue rose 29%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Kadamba Chits (Karnataka) is 29AAFCK5342P1ZX, registered in Karnataka.
The CIN (Corporate Identification Number) of Kadamba Chits (Karnataka) is U65992KA2014PTC074600. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kadamba Chits (Karnataka) was incorporated on 23 May 2014, making it 12+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Kadamba Chits (Karnataka) by revenue are Srisaithirumala Chitfunds India Private Limited, Edha Mithra Nidhi Limited, Aryanshekar Chit Funds Private Limited, Sree Viswaguru Real Estates Private Limited, Chiramel Kuries Private Limited and 5 more, all in the BFSI industry (Micro Finance).
Shruthi Melinakoppa Krishnamurthy ceased to be Director on 23 Aug 2019. Bidarakote Chikkananjundaiah Sudhamani ceased to be Additional Director on 29 Sep 2018. Bidarakote Chikkananjundaiah Sudhamani was appointed as Director on 23 Jul 2018. Kadamba Chits (Karnataka) has 4 board changes on record in total.
Kadamba Chits (Karnataka) can be reached through the website kadambachits.com. Its registered office is in Bangalore, Karnataka, India.