Kavalayil Chit Private Limited
About Kavalayil Chit Private Limited
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Kavalayil Chit Private Limited is a private limited company based in Elamannoor, Kerala, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 19 January 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U67190KL2016PTC039906.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Babu George Shine and Asha Thankachan.
Its last annual general meeting (AGM) was held on 28 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at V/263 Tkan Building Maroor P.O, Elamannoor, Kerala, India – 691524.
As per the financials filed for FY 2019, the company reported a revenue of ₹23,000, a decline of 8% compared to the previous year. For the same year it recorded a net loss of ₹1,527 (net margin -6.6%) and EBITDA of -₹1,527 (EBITDA margin -6.6%).
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Kavalayil Chit Private Limited's registered office is in Elamannoor, Kerala. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressV/263 Tkan Building Maroor P.O, Elamannoor, Kerala, India – 691524
- IndustryFinancial Services, Financial Activities
To see the full contact details of Kavalayil Chit 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 Kavalayil Chit 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 Kavalayil Chit Private Limited, buy the company report.
Financials of Kavalayil Chit Private Limited
FY 2019 filings availableKavalayil Chit Private Limited reported revenue of ₹23,000 (down 8% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue fell 8% in the latest year. EBITDA rose 16% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ₹23,000 | |||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹1,527 | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹1,527 | |||
| 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -6.6% | |||
| Net Profit Margin | -6.6% | |||
| 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 Kavalayil Chit Private Limited, buy the company report.
Board of directors of Kavalayil Chit Private Limited
Kavalayil Chit has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Babu George Shine Also directs: Kottaram Clothing India Private Limited | Director | 19 Jan 2016 | 10 Years 9 Months | Current |
| Asha Thankachan | Director | 19 Jan 2016 | 10 Years 9 Months | Current |
Peer comparison
Kavalayil Chit Private Limited is compared with the 10 companies closest to it by revenue in 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 |
|---|---|---|---|---|---|---|
| Mountain Chits Private Limited | ₹23,104 (FY 2017) | 15.0% | Delhi, India | |||
| Yadhukulam Chits Private Limited | ₹23,102 (FY 2025) | 20168.0% | Kozhikode, Kerala, India | |||
| Right Choice Vinimay Pvt Ltd | ₹23,050 (FY 2016) | 13.0% | Kolkata, West Bengal, India | |||
| Richwell Financiers Limited | ₹23,003 (FY 2021) | Paota, Rajasthan, India | ||||
| Movefast Corporate Services Private Limited | ₹23,001 (FY 2016) | 77.0% | Mumbai, Maharashtra, India | |||
| Kavalayil Chit Private Limitedthis company | ₹23,000 (FY 2019) | -₹1,527 | -6.6% | -8.0% | Elamannoor, Kerala, India | |
| Modem Vyapaar Private Limited | ₹22,995 (FY 2021) | 125.0% | Kolkata, West Bengal, India | |||
| Ferm Institute Private Limited | ₹22,984 (FY 2022) | Mumbai, Maharashtra, India | ||||
| Isewa Business Solution Private Limited | ₹22,952 (FY 2018) | 18.0% | Jamui, Bihar, India | |||
| Onesta Business Services Private Limited | ₹22,924 (FY 2019) | New Delhi, Delhi, India | ||||
| Katyayani Properties Private Limited | ₹22,919 (FY 2025) | -69.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Kavalayil Chit Private Limited, buy the company report.
Auditor
Kavalayil Chit Private Limited is audited by K KRISHNAKUMAR for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K KRISHNAKUMAR | FY 2017 | 211227 |
Shareholding
The shareholding of Kavalayil Chit Private Limited is on record for FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Kavalayil Chit Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Kavalayil Chit 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 Kavalayil Chit 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 Kavalayil Chit Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Kavalayil Chit Private Limited has 2 board changes on record since 2016: 2 appointments. The latest: Asha Thankachan was appointed as Director on 19 Jan 2016.
Frequently asked questions
Kavalayil Chit is an active private limited company based in Elamannoor, Kerala, India. The company works in financial activities, within the financial services industry. It was incorporated on 19 January 2016 (10+ years old) and is registered under CIN U67190KL2016PTC039906.
Kavalayil Chit has 2 current directors:
- Babu George Shine - Director
- Asha Thankachan - Director
The latest financial statements of Kavalayil Chit on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 28 September 2019. Year-wise statements from FY 2016 are in the company report.
The CIN (Corporate Identification Number) of Kavalayil Chit is U67190KL2016PTC039906. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kavalayil Chit was incorporated on 19 January 2016, making it 10+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Kavalayil Chit by revenue are Mountain Chits Private Limited, Yadhukulam Chits Private Limited, Right Choice Vinimay Pvt Ltd, Richwell Financiers Limited, Movefast Corporate Services Private Limited and 5 more, all in the same principal business activity (other financial activities).
Asha Thankachan was appointed as Director on 19 Jan 2016. Babu George Shine was appointed as Director on 19 Jan 2016.
The registered office of Kavalayil Chit is at V263 Tkan Building Maroor P.O, Elamannoor, Kerala, India – 691524.
Kavalayil Chit operates in the financial services industry, in the financial activities segment.
The compliance status of Kavalayil Chit is active non-compliant as of 16 September 2026. The company is actively filing with the Registrar of Companies.
Kavalayil Chit can be reached at its registered office: V263 Tkan Building Maroor P.O, Elamannoor, Kerala, India – 691524.