Kasavu Chits Private Limited
About Kasavu Chits Private Limited
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Kasavu Chits Private Limited is a private limited company based in Perumbavoor, Kerala, India. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 22 October 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U65992KL2012PTC032474.
The company has an authorised share capital of ₹24 Lakh and a paid-up capital of ₹4 Lakh. It is led by directors Naduvilemli Padmanabhan Babu (Managing Director) and Nadukudi Balakrishnan Beena.
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 Classic Tower A.M Road, Perumbavoor, Kerala, India – 683542.
As per the financials filed for FY 2024, the company reported a revenue of ₹31,948, a decline of 68% compared to the previous year. For the same year it recorded a net loss of ₹1.19 Lakh (net margin -371.2%) and EBITDA of -₹1.6 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 56% over three years and 28% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Kasavu Chits Private Limited's registered office is in Perumbavoor, Kerala. Its e-mail address is in the company report.
- Email
- Registered AddressClassic Tower A.M Road, Perumbavoor, Kerala, India – 683542
- IndustryFinancial Services, Microfinance Institutions
To see the full contact details of Kasavu Chits 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
Business activity
The main business activity of Kasavu Chits 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 Kasavu Chits Private Limited, buy the company report.
Financials of Kasavu Chits Private Limited
FY 2024 filings availableKasavu Chits Private Limited reported revenue of ₹31,948 (down 68% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 28% over five years, including a 68% fall in the latest year. EBITDA fell 181% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹1.6 Lakh | ||||
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| Net Profit (PAT) | -₹1.19 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Net Profit Margin | -371.2% | ||||
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To see the full financial statements and ratios of Kasavu Chits Private Limited, buy the company report.
Board of directors of Kasavu Chits Private Limited
Kasavu Chits has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nadukudi Balakrishnan Beena Also directs: Henpec Foods Private Limited, Jumbo Chits (India) Private Limited | Director | 22 Oct 2012 | 14 Years 0 Months | Current |
| Naduvilemli Padmanabhan Babu Also directs: Henpec Foods Private Limited, Jumbo Chits (India) Private Limited | Managing Director | 22 Oct 2012 | 14 Years 0 Months | Current |
Peer comparison
Kasavu Chits Private Limited is compared with the 5 companies closest to it by revenue in the BFSI industry (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 |
|---|---|---|---|---|---|---|
| Jwaala Chits Private Limited | ₹34,829 (FY 2017) | 101.0% | Thodupuzha, Kerala, India | |||
| Dhanakshemam Kuries Private Limited | ₹34,000 (FY 2025) | -91.0% | Thrissur, Kerala, India | |||
| Kasavu Chits Private Limitedthis company | ₹31,948 (FY 2024) | -₹1.19 Lakh | -371.2% | -68.0% | Perumbavoor, Kerala, India | |
| Jibon Ananda Nidhi Limited | ₹31,500 (FY 2020) | Nadia, West Bengal, India | ||||
| Thevar Chits Private Limited | ₹30,023 (FY 2023) | 14.0% | Kozhikode, Kerala, India | |||
| Sakhor India Nidhi Limited | ₹29,268 (FY 2023) | -87.0% | North 24 Parganas, West Bengal, India |
To see the full peer comparison of Kasavu Chits Private Limited, buy the company report.
Shareholding
The shareholding of Kasavu Chits Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Kasavu Chits Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Kasavu Chits Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Kasavu Chits 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 Kasavu Chits Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Kasavu Chits Private Limited has 2 board changes on record since 2012: 2 appointments. The latest: Nadukudi Balakrishnan Beena was appointed as Director on 22 Oct 2012.
Frequently asked questions
Kasavu Chits is an active private limited company based in Perumbavoor, Kerala, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 22 October 2012 (14+ years old) and is registered under CIN U65992KL2012PTC032474.
Kasavu Chits has 2 current directors:
- Naduvilemli Padmanabhan Babu - Managing Director
- Nadukudi Balakrishnan Beena - Director
The latest financial statements of Kasavu Chits on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Kasavu Chits is U65992KL2012PTC032474. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kasavu Chits was incorporated on 22 October 2012, making it 14+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Kasavu Chits by revenue are Jwaala Chits Private Limited, Dhanakshemam Kuries Private Limited, Jibon Ananda Nidhi Limited, Thevar Chits Private Limited, Sakhor India Nidhi Limited, all in the BFSI industry (Micro Finance), with the same principal business activity (other financial activities).
Nadukudi Balakrishnan Beena was appointed as Director on 22 Oct 2012. Naduvilemli Padmanabhan Babu was appointed as Managing Director on 22 Oct 2012.
The registered office of Kasavu Chits is at Classic Tower A.M Road, Perumbavoor, Kerala, India – 683542.
Kasavu Chits operates in the financial services industry, in the microfinance institutions segment.
The compliance status of Kasavu Chits is compliant as of 02 July 2026. The company is actively filing with the Registrar of Companies.
Kasavu Chits can be reached at its registered office: Classic Tower A.M Road, Perumbavoor, Kerala, India – 683542.