Krushika Chits Private Limited
About Krushika Chits Private Limited
Data last updated:
Krushika Chits Private Limited is a private limited company based in Bhadravati, Karnataka, India. It operates in the financial intermediation and lending segment of the financial services sector. It was incorporated on 09 February 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U65992KA2021PTC143986.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Jayarama Vinodh (Managing Director) and Jayarama Shantha.
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 Basappa Complex New Bridge Road Bhadravati Taluk, Karnataka, India – 577301.
As per the financials filed for FY 2025, the company reported a revenue of ₹92,932, a decline of 53% compared to the previous year. For the same year it recorded a net loss of ₹13,931 (net margin -15%) and EBITDA of -₹12,068 (EBITDA margin -13%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressBasappa Complex New Bridge Road Bhadravati Taluk, Karnataka, India – 577301
- IndustryFinancial Services, Other Financial Intermediation, Kuri Companies, Chit Fund
- 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 Krushika Chits Private Limited
The main business activity of Krushika Chits is financial and insurance activities. In detail, this covers activities auxiliary to financial service and insurance activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance activities | 66 | Activities auxiliary to financial service and insurance 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 Krushika Chits Private Limited FY 2025 filings available
Krushika Chits Private Limited reported revenue of ₹92,932 (down 53% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Krushika Chits Private Limited
Revenue fell 53% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 11%. EBITDA fell 177% 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 Krushika Chits Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | -₹12,068 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹13,931 | •••• | •••• | •••• | •••• |
| 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 Krushika Chits Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -13% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -15% | •••• | •••• | •••• | •••• |
| 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 Krushika Chits are in the company report.
Financial statements from FY 2021
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 Krushika Chits Private Limited
Krushika Chits Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Activities auxiliary to financial service and insurance activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Gloryfintax Consultants Private Limited | ₹94,551 (FY 2025) | •••• | •••• | 846.0% | •••• | Pune, Maharashtra, India |
| Wadhwa Fincon Private Limited | ₹94,500 (FY 2024) | •••• | •••• | 7.0% | •••• | Ranchi, Jharkhand, India |
| Shri Hole Hucheshwar Chits Private Limited | ₹94,290 (FY 2025) | •••• | •••• | -35.0% | •••• | Hungund, Karnataka, India |
| Ls-India Financial Services Private Limited | ₹93,930 (FY 2024) | •••• | •••• | -51.0% | •••• | West Bengal, India |
| Khed Urban Nidhi Limited | ₹93,020 (FY 2025) | •••• | •••• | -16.0% | •••• | Pune, Maharashtra, India |
| Krushika Chits Private Limited this company | ₹92,932 (FY 2025) | •••• | •••• | -53.0% | •••• | Bhadravati, Karnataka, India |
| Astha Infotech Pvt.Ltd. | ₹92,641 (FY 2025) | •••• | •••• | 1.0% | •••• | Kolkata, West Bengal, India |
| Investverse Financial Services Private Limited | ₹92,552 (FY 2024) | •••• | •••• | •••• | Jaipur, Rajasthan, India | |
| K2vs Insurance Marketing Private Limited | ₹92,225 (FY 2025) | •••• | •••• | •••• | Mumbai, Maharashtra, India | |
| Asja Investment Services Private Limited | ₹92,084 (FY 2025) | •••• | •••• | 83.0% | •••• | Mohali, Punjab, India |
| Neer Consultancy Pvt Ltd | ₹92,082 (FY 2025) | •••• | •••• | -70.0% | •••• | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Krushika Chits by revenue in the same principal business activity (Activities auxiliary to financial service and insurance activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Krushika Chits Private Limited
Krushika Chits has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jayarama Shantha | Director | 09 Feb 2021 | 5 Years 8 Months | Current |
| Jayarama Vinodh | Managing Director | 09 Feb 2021 | 5 Years 8 Months | Current |
| Sakaiah Jayarama | Director | 09 Feb 2021 | 5 Years 8 Months | Current |
Charges & Borrowings of Krushika Chits Private Limited
Krushika Chits Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Krushika Chits Private Limited
Employment history and EPFO contributions of people linked to Krushika Chits.
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 Krushika Chits Private Limited
Krushika Chits Private Limited has 3 board changes on record since 2021: 3 appointments. The latest: Jayarama Shantha was appointed as Director on 09 Feb 2021.
Credit Ratings, Litigation & Regulatory Alerts for Krushika Chits 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 Krushika Chits 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 Krushika Chits 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 Krushika Chits Private Limited
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 Krushika Chits 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 Krushika Chits Private Limited
Krushika Chits is an active private limited company based in Bhadravati, Karnataka, India. The company works in other financial intermediation, within the financial services industry. It was incorporated on 09 February 2021 (5+ years old) and is registered under CIN U65992KA2021PTC143986.
Krushika Chits reported revenue of ₹92,932 for FY 2025 (down 53% YoY).
Krushika Chits has 3 current directors:
- Jayarama Vinodh - Managing Director
- Jayarama Shantha - Director
- Sakaiah Jayarama - Director
Krushika Chits reported a net loss of ₹13,931 (net margin -15%) and EBITDA of -₹12,068 (EBITDA margin -13%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Krushika Chits is 11% over three years. In the latest year (FY 2025) revenue fell 53%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Krushika Chits is U65992KA2021PTC143986. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Krushika Chits was incorporated on 09 February 2021, making it 5+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Krushika Chits by revenue are Gloryfintax Consultants Private Limited, Wadhwa Fincon Private Limited, Shri Hole Hucheshwar Chits Private Limited, Ls-India Financial Services Private Limited, Khed Urban Nidhi Limited and 5 more, all in the same principal business activity (Activities auxiliary to financial service and insurance activities).
Jayarama Shantha was appointed as Director on 09 Feb 2021. Jayarama Vinodh was appointed as Managing Director on 09 Feb 2021. Sakaiah Jayarama was appointed as Director on 09 Feb 2021.
The registered office of Krushika Chits is at Basappa Complex New Bridge Road Bhadravati Taluk, Karnataka, India – 577301.
Krushika Chits has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh.