Kauvery Chits Private Limited
About Kauvery Chits Private Limited
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Kauvery Chits Private Limited is a private limited company based in Tiruchy, Tamil Nadu, India. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 02 June 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U65992TN2021PTC143873.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Loganathan Muthukumar (Managing Director) and Kalpana Muthukumar.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at C 57 9 A Cross West First Floor Thillainagar, Tiruchy, Tamil Nadu, India – 620018.
As per the financials filed for FY 2023, the company reported a revenue of ₹19.19 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹7,231 (net margin -0.4%) and EBITDA of -₹7,231 (EBITDA margin -0.4%).
Company details
Contact details
Kauvery Chits Private Limited's registered office is in Tiruchy, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressC 57 9 A Cross West First Floor Thillainagar, Tiruchy, Tamil Nadu, India – 620018
- IndustryFinancial Services, Microfinance Institutions
To see the full contact details of Kauvery 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 Kauvery 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 Kauvery Chits Private Limited, buy the company report.
Financials of Kauvery Chits Private Limited
FY 2023 filings availableKauvery Chits Private Limited reported revenue of ₹19.19 Lakh (up 190% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue rose 190% in the latest year. EBITDA fell 114% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹19.19 Lakh | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | -₹7,231 | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹7,231 | |
| 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
| Metrics | FY 2022-23 | FY 2021-22 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -0.4% | |
| Net Profit Margin | -0.4% | |
| 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 Kauvery Chits Private Limited, buy the company report.
Board of directors of Kauvery Chits Private Limited
Kauvery Chits has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Loganathan Muthukumar | Managing Director | 02 Jun 2021 | 5 Years 5 Months | Current |
| Kalpana Muthukumar | Director | 02 Jun 2021 | 5 Years 5 Months | Current |
Peer comparison
Kauvery Chits Private Limited is compared with the 6 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 |
|---|---|---|---|---|---|---|
| Vendore Kuries Limited | ₹19.46 Lakh (FY 2025) | 8.0% | Thrissur, Kerala, India | |||
| Sree Sadurvel Chit Funds Private Limited | ₹19.25 Lakh (FY 2024) | 126.0% | Tirupur, Tamil Nadu, India | |||
| Kauvery Chits Private Limitedthis company | ₹19.19 Lakh (FY 2023) | -₹7,231 | -0.4% | 190.0% | Tiruchy, Tamil Nadu, India | |
| Entrepreneur Motivate Nidhi Limited | ₹19.15 Lakh (FY 2024) | -18.0% | Palakkad, Kerala, India | |||
| Anaimalais Chits Pollachi Private Limited | ₹19.12 Lakh (FY 2021) | -30.0% | Pollachi, Tamil Nadu, India | |||
| Sree Hanumantharaya Chits Private Limited | ₹19.07 Lakh (FY 2025) | -4.0% | Coimbatore, Tamil Nadu, India | |||
| Awadh Mudra Nidhi Limited | ₹18.94 Lakh (FY 2021) | -25.0% | Bahraich, Uttar Pradesh, India |
To see the full peer comparison of Kauvery Chits Private Limited, buy the company report.
Auditor
Kauvery Chits Private Limited is audited by ASHOK & DURAI for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ASHOK & DURAI | FY 2023 | 000247S |
Shareholding
The shareholding of Kauvery Chits Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Kauvery Chits Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Kauvery 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 Kauvery Chits Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Kauvery Chits Private Limited has 1 active EPFO establishment as of Apr 02, 2024.
GST
No GST registration is on our record for Kauvery Chits Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Kauvery Chits Private Limited has 2 board changes on record since 2021: 2 appointments. The latest: Kalpana Muthukumar was appointed as Director on 02 Jun 2021.
Frequently asked questions
Kauvery Chits is an active private limited company based in Tiruchy, Tamil Nadu, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 02 June 2021 (5+ years old) and is registered under CIN U65992TN2021PTC143873.
Kauvery Chits has 2 current directors:
- Loganathan Muthukumar - Managing Director
- Kalpana Muthukumar - Director
The latest financial statements of Kauvery Chits on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2022 are in the company report.
The CIN (Corporate Identification Number) of Kauvery Chits is U65992TN2021PTC143873. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kauvery Chits was incorporated on 02 June 2021, making it 5+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Kauvery Chits by revenue are Vendore Kuries Limited, Sree Sadurvel Chit Funds Private Limited, Entrepreneur Motivate Nidhi Limited, Anaimalais Chits Pollachi Private Limited, Sree Hanumantharaya Chits Private Limited and 1 more, all in the BFSI industry (Micro Finance), with the same principal business activity (other financial activities).
Kalpana Muthukumar was appointed as Director on 02 Jun 2021. Loganathan Muthukumar was appointed as Managing Director on 02 Jun 2021.
The registered office of Kauvery Chits is at C 57 9 A Cross West First Floor Thillainagar, Tiruchy, Tamil Nadu, India – 620018.
Kauvery Chits operates in the financial services industry, in the microfinance institutions segment.
Kauvery Chits can be reached at its registered office: C 57 9 A Cross West First Floor Thillainagar, Tiruchy, Tamil Nadu, India – 620018.
Kauvery Chits is registered under the jurisdiction of the Registrar of Companies (ROC), Chennai.
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