About Kanakadurga Chit Funds Private Limited
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Kanakadurga Chit Funds Private Limited is a private limited company based in Hasanparthy, Telangana, India. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 08 August 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U65992TG2014PTC095191. Its GSTIN is 36AAFCK5848L1ZZ (Telangana).
The company has an authorised share capital of ₹18 Cr and a paid-up capital of ₹15 Cr. It is led by directors Adi Reddy Pendyala and Kamalakar Kondam.
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 Hasanparthy, Telangana.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.32 Cr, a decline of 20% compared to the previous year. For the same year it recorded a net loss of ₹2.73 Lakh (net margin -0.8%) and EBITDA of ₹28.47 Lakh (EBITDA margin 8.6%). Revenue has declined at a compounded annual rate (CAGR) of 27% over five years.
The company has about 43 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Kanakadurga Chit funds. As per MCA filings, the company has open charges of ₹32.11 Lakh on record. Court records list 2,209 cases involving the company, including 2,057 filed by the company and 152 filed against it; 753 cases are pending. The company has 3 deals on record (2 funding rounds, 1 rights issue), with disclosed funding of ₹13.5 Cr; the latest was in October 2017. Its 8 peer companies in the BFSI industry (Chit Funds, Micro Finance), with the same principal business activity (other financial activities) are compared by revenue, 4 larger and 4 smaller; the largest is Champion Microcredit Foundation with revenue of ₹3.45 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website kanakadurgagroup.com.
Company details
Contact details
Kanakadurga Chit Funds Private Limited's registered office is in Hasanparthy, Telangana. Its website is kanakadurgagroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address32 – 2 – 56, Palivelpula Hanamkonda, Hasanparthy, Telangana, India – 506015
- IndustryFinancial Services, Microfinance Institutions
To see the full contact details of Kanakadurga 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
Brands
Kanakadurga Chit Funds operates one associated brand: Kanakadurga Chit funds. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manages group savings and chit fund platforms for individual users. | kanakadurgachitfunds.com |
Business activity
The main business activity of Kanakadurga 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 Kanakadurga Chit Funds Private Limited, buy the company report.
Financials of Kanakadurga Chit Funds Private Limited
FY 2025 filings availableKanakadurga Chit Funds Private Limited reported revenue of ₹3.32 Cr (down 20% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 27% over five years, including a 20% fall in the latest year. EBITDA fell 36% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹28.47 Lakh | ||||
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| Net Profit (PAT) | -₹2.73 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 8.6% | ||||
| Net Profit Margin | -0.8% | ||||
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To see the full financial statements and ratios of Kanakadurga Chit Funds Private Limited, buy the company report.
Board of directors of Kanakadurga Chit Funds Private Limited
Kanakadurga Chit Funds 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 |
|---|---|---|---|---|
| Adi Reddy Pendyala | Director | 11 May 2022 | 4 Years 5 Months | Current |
| Kamalakar Kondam | Director | 08 Aug 2014 | 12 Years 2 Months | Current |
Peer comparison
Kanakadurga Chit Funds Private Limited is compared with the 8 companies closest to it by revenue in the BFSI industry (Chit Funds, Micro Finance), 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 |
|---|---|---|---|---|---|---|
| Champion Microcredit Foundation | ₹3.45 Cr (FY 2025) | 374.0% | Aligarh, Uttar Pradesh, India | |||
| Vijaya Sarika Chit Funds Private Limited | ₹3.38 Cr (FY 2025) | 8.0% | Jagtial, Telangana, India | |||
| Sri Ram's Navodaya Chit Fund Private Limited | ₹3.37 Cr (FY 2024) | 69.0% | Chennai, Tamil Nadu, India | |||
| Mutuall Serv Nidhi Limited | ₹3.34 Cr (FY 2024) | 7.0% | Thrissur, Kerala, India | |||
| Kanakadurga Chit Funds Private Limitedthis company | ₹3.32 Cr (FY 2025) | -₹2.73 Lakh | -0.8% | -20.0% | 43 | Hasanparthy, Telangana, India |
| Senthilnathan Chits Private Limited | ₹3.32 Cr (FY 2024) | 5.0% | Tamil Nadu, India | |||
| Chandra Lakshmi Fraternity Fund Private Limited | ₹3.32 Cr (FY 2022) | 17.0% | New Delhi, Delhi, India | |||
| Brydal Kuries Private Limited | ₹3.28 Cr (FY 2025) | -50.0% | Thrissur, Kerala, India | |||
| Rajayoham Chit Funds Private Limited | ₹3.15 Cr (FY 2025) | 27.0% | Ethapur, Salem(Dt.), Tamil Nadu, India |
To see the full peer comparison of Kanakadurga Chit Funds Private Limited, buy the company report.
Auditor
Kanakadurga Chit Funds Private Limited is audited by V RAVI & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V RAVI & CO | FY 2018 | 006492S |
Shareholding
The shareholding of Kanakadurga Chit Funds Private Limited is on record for FY 2018, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2018 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Kanakadurga Chit Funds Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Mar 2021 | 100443770 | Hdfc Bank Limited | ₹10.05 Lakh | Open | |
| 23 Dec 2020 | 100437600 | Hdfc Bank Limited | ₹22.07 Lakh | Open |
Total charge records: 2 View all charges
Deals & funding
Kanakadurga Chit Funds Private Limited has 3 deals on record (2 funding rounds, 1 rights issue), with disclosed funding of ₹13.5 Cr; the latest was in October 2017.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2017 | Funding round | ₹11.99 Cr | Investors: 2 individuals |
| Aug 2015 | Funding round | ₹1.51 Cr | Investors: an individual |
| Oct 2014 | Rights issue | ₹1.3 Cr | Investors: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Kanakadurga Chit Funds Private Limited has 2,209 court cases on record: 2,057 filed by Kanakadurga Chit Funds, 152 filed against it. 753 cases are pending and 1,456 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2,093 | 52 | 691 |
| High courts | 116 | 100 | 62 |
Cases on record (5 of 2,209)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court for State of Telangana | Writ petition | Filed against the company | Pending |
| High Court for State of Telangana | Writ petition | Filed against the company by an individual | Pending |
| High Court for State of Telangana | Revision petition | Filed against the company by an individual | Pending |
| District court, Peddapalli, Telangana | Cheque dishonour complaint | Filed against the company by an individual | Pending |
| District court, Adilabad, Telangana | Cheque dishonour complaint | Filed against the company by an individual | Pending |
To see the full case history of Kanakadurga 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 Kanakadurga Chit Funds Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Kanakadurga Chit Funds Private Limited has a workforce of 43 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.
GST
Kanakadurga Chit Funds has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAFCK5848L1ZZ | Telangana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Kanakadurga Chit Funds Private Limited, buy the company report.
Recent activity
Kanakadurga Chit Funds Private Limited has 5 board changes on record since 2014: 2 appointments and 3 cessations. The latest: Adi Reddy Pendyala was appointed as Director on 11 May 2022.
Frequently asked questions
Kanakadurga Chit Funds is an active private limited company based in Hasanparthy, Telangana, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 08 August 2014 (12+ years old) and is registered under CIN U65992TG2014PTC095191.
Kanakadurga Chit Funds has 2 current directors:
- Adi Reddy Pendyala - Director
- Kamalakar Kondam - Director
The latest financial statements of Kanakadurga Chit Funds on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Kanakadurga Chit Funds is 36AAFCK5848L1ZZ, registered in Telangana.
The CIN (Corporate Identification Number) of Kanakadurga Chit Funds is U65992TG2014PTC095191. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kanakadurga Chit Funds has 2,209 court cases on record: 2,057 filed by the company and 152 filed against it. 753 are pending. Most are in the district courts.
Kanakadurga Chit Funds was incorporated on 08 August 2014, making it 12+ years old. It is registered with the Registrar of Companies, Hyderabad.
Kanakadurga Chit Funds has 3 deals on record (2 funding rounds, 1 rights issue), with disclosed funding of ₹13.5 Cr; the latest was in October 2017.
The peers of Kanakadurga Chit Funds by revenue are Champion Microcredit Foundation, Vijaya Sarika Chit Funds Private Limited, Sri Ram's Navodaya Chit Fund Private Limited, Mutuall Serv Nidhi Limited, Senthilnathan Chits Private Limited and 3 more, all in the BFSI industry (Chit Funds, Micro Finance), with the same principal business activity (other financial activities).
Adi Reddy Pendyala was appointed as Director on 11 May 2022. Thirupathaiah Ragidi ceased to be Director on 11 May 2022. Anitha Ragidi ceased to be Director on 11 Apr 2022. Kanakadurga Chit Funds has 5 board changes on record in total.
Kanakadurga Chit Funds can be reached through the website kanakadurgagroup.com. Its registered office is in Hasanparthy, Telangana, India.