MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-TN-04-0000007
K.T.R. Chits Private Limited
K.T.R. Chits Private Limited - financial services in Cuddalore, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹82.82 Lakh
▲ 7% YoY
Net profit · FY 2024
₹7.65 Lakh
Net margin 9.2%
EBITDA · FY 2024
₹12.61 Lakh
EBITDA margin 15.2%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹39 Lakh
Issued & subscribed
Open charges
₹40 Lakh
Satisfied ₹3.5 Lakh
Company age
33 yrs
Est. 1993
Directors on board
5
As per MCA filings
About K.T.R. Chits Private Limited
Data last updated:
K.T.R. Chits Private Limited is a private limited company based in Cuddalore, Tamil Nadu, India. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 07 July 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U65991TN1993PTC025402. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹39 Lakh. It is led by directors including Lakshminarayanan Balachandran (Managing Director) and Siddharth Balachandran.
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 Ktr Buildingschidambaram Road Cuddalore – 607 002, Tamil Nadu, India – 607002.
As per the financials filed for FY 2024, the company reported a revenue of ₹82.82 Lakh, a growth of 7% compared to the previous year. For the same year it recorded a net profit of ₹7.65 Lakh (net margin 9.2%) and EBITDA of ₹12.61 Lakh (EBITDA margin 15.2%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 3% over five years.
As per MCA filings, the company has open charges of ₹40 Lakh and satisfied charges of ₹3.5 Lakh on record. Court records list 26 cases involving the company, including 4 filed by the company and 22 filed against it; 1 case is pending.
K.T.R. Chits Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-04-0000007). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U65991TN1993PTC025402
Registration Number 025402
Incorporation Date 07 July 1993
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-TN-04-0000007
Key People
Lakshminarayanan Balachandran Managing Director Siddharth Balachandran Director Balachandran Srinath Director Recognitions & Rankings of K.T.R. Chits
Contact details
K.T.R. Chits Private Limited's registered office is in Cuddalore, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressKtr Buildingschidambaram Road Cuddalore – 607 002, Tamil Nadu, India – 607002
- IndustryFinancial Services, Microfinance Institutions
To see the full contact details of K.T.R. Chits Private Limited, buy the company report.
Comprehensive company report
K.T.R. Chits Private Limited - one report that includes everything
- 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
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Secure checkout · GST invoice included
Business activity
The main business activity of K.T.R. 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 K.T.R. Chits Private Limited, buy the company report.
Financials of K.T.R. Chits Private Limited
FY 2025 filings availableK.T.R. Chits Private Limited reported revenue of ₹82.82 Lakh (up 7% YoY) for FY 2024.
Revenue · FY 2024
₹82.82 Lakh ▲ 7%
Net profit · FY 2024
₹7.65 Lakh margin 9.2%
EBITDA · FY 2024
₹12.61 Lakh margin 15.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 7%
3 years · compounded
▲ 7%
5 years · compounded
▲ 3%
EBITDA CAGR growth
1 year
▲ 98%
3 years · compounded
▲ 35%
5 years · compounded
▲ 125%
Revenue has grown at a compounded annual rate (CAGR) of 3% over five years, including 7% growth in the latest year. EBITDA rose 98% 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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| Total Expenses | |||||
| EBITDA | ₹12.61 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹7.65 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 15.2% | ||||
| Net Profit Margin | 9.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of K.T.R. Chits Private Limited, buy the company report.
Board of directors of K.T.R. Chits Private Limited
K.T.R. Chits has 5 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Siddharth Balachandran | Director | 03 May 2022 | 4 Years 5 Months | Current |
| Balachandran Srinath Also directs: Ebony Foods Private Limited | Director | 01 Feb 2007 | 19 Years 8 Months | Current |
| Balachandran Chitra Also directs: Ebony Foods Private Limited | Director | 01 Feb 2007 | 19 Years 8 Months | Current |
| Ramalingam | Director | 26 Feb 2016 | 10 Years 7 Months | Current |
| Lakshminarayanan Balachandran Also directs: Ebony Foods Private Limited | Managing Director | 03 May 2022 | 4 Years 5 Months | Current |
Peer comparison
K.T.R. 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 |
|---|---|---|---|---|---|---|
| Shree Mahaveer Fund Private Limited | ₹83.39 Lakh (FY 2025) | 57.0% | Chennai, Tamil Nadu, India | |||
| Bhavanisankar Chits Private Limited | ₹82.84 Lakh (FY 2025) | -12.0% | Tiruchirappalli, Tamil Nadu, India | |||
| K.T.R. Chits Private Limitedthis company | ₹82.82 Lakh (FY 2024) | ₹7.65 Lakh | 9.2% | 7.0% | Cuddalore, Tamil Nadu, India | |
| Vedagramam Nidhi Limited | ₹82.68 Lakh (FY 2025) | -3.0% | Aluva, Kerala, India | |||
| Amman Sri Krishna Nidhi Limited | ₹82.55 Lakh (FY 2022) | 17.0% | Tirunelveli, Tamil Nadu, India | |||
| Panchajanya Chits Private Limited | ₹82.46 Lakh (FY 2024) | -1.0% | Bengaluru, Karnataka, India | |||
| Moulya Chits Private Limited | ₹82.21 Lakh (FY 2025) | 85.0% | Hassan, Karnataka, India |
To see the full peer comparison of K.T.R. Chits Private Limited, buy the company report.
Auditor
K.T.R. Chits Private Limited is audited by N RAJARAMAN & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N RAJARAMAN & ASSOCIATES | FY 2019 | 005078S |
Shareholding
The shareholding of K.T.R. Chits Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of K.T.R. Chits Private Limited, buy the company report.
Charges & borrowings
Open charges
₹40 Lakh
Satisfied charges
₹3.5 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 May 2013 | 10438042 | Karur Vysya Bank | ₹40 Lakh | Open | |
| 06 Sep 2007 | 10204395 | The Karur Vysya Bank Limited | ₹3.5 Lakh | Satisfied |
To see the full charge records of K.T.R. Chits Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
K.T.R. Chits Private Limited has 26 court cases on record: 4 filed by K.T.R. Chits, 22 filed against it. 1 case is pending and 25 are disposed.
Total cases
26
Filed by the company
4
Filed against the company
22
Pending
1
Disposed
25
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 18 | 14 | 1 |
| High courts | 8 | 8 | 0 |
Cases on record (5 of 26)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Cuddalore, Tamil Nadu | Criminal case | Filed by the company against an individual | Pending |
| District court, Cuddalore, Tamil Nadu | Criminal miscellaneous application | Filed against the company by an individual | Disposed |
| District court, Cuddalore, Tamil Nadu | Criminal miscellaneous application | Filed by the company | Disposed |
| District court, Cuddalore, Tamil Nadu | Criminal case | Filed by the company against an individual | Disposed |
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed against the company by individuals | Disposed |
To see the full case history of K.T.R. Chits 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 K.T.R. Chits Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
K.T.R. Chits has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
Total GSTINs
1
Cancelled / inactive
1
To see the full GST registrations and return filing status of K.T.R. Chits Private Limited, buy the company report.
Recent activity
K.T.R. Chits Private Limited has 10 board changes on record since 2007: 5 appointments and 5 cessations. The latest: Siddharth Balachandran ceased to be Additional Director on 11 May 2022.
AGM
K.T.R. Chits Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
K.T.R. Chits Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chennai.
Ceased
Siddharth Balachandran ceased to be Additional Director.
Appointed
Lakshminarayanan Balachandran was appointed as Managing Director.
Appointed
Siddharth Balachandran was appointed as Director.
Ceased
Gnanasekaran ceased to be Additional Director.
Ceased
Lakshminarayanan Balachandran ceased to be Managing Director.
Ceased
Ramalingam ceased to be Additional Director.
Appointed
Ramalingam was appointed as Director.
Charges
A charge registered on 06 Sep 2007 via Charge ID 10204395 with The Karur Vysya Bank Limited was fully satisfied on 16 Sep 2015.
Charges
A charge with Karur Vysya Bank of Rs. 40.00 Lakh registered on 27 May 2013 with Charge ID 10438042 was modified on 31 Jul 2015.
Ceased
Gnanasekaran Arthi Alias Dhivya ceased to be Director.
5 earlier events are in the company report.
Frequently asked questions
K.T.R. Chits is an active private limited company based in Cuddalore, Tamil Nadu, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 07 July 1993 (33+ years old) and is registered under CIN U65991TN1993PTC025402.
K.T.R. Chits has 5 current directors:
- Lakshminarayanan Balachandran - Managing Director
- Siddharth Balachandran - Director
- Balachandran Srinath - Director
- Balachandran Chitra - Director
- Ramalingam - Director
The latest financial statements of K.T.R. Chits 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.
No. K.T.R. Chits has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of K.T.R. Chits is U65991TN1993PTC025402. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
K.T.R. Chits has 26 court cases on record: 4 filed by the company and 22 filed against it. 1 is pending. Most are in the district courts.
K.T.R. Chits was incorporated on 07 July 1993, making it 33+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of K.T.R. Chits by revenue are Shree Mahaveer Fund Private Limited, Bhavanisankar Chits Private Limited, Vedagramam Nidhi Limited, Amman Sri Krishna Nidhi Limited, Panchajanya Chits Private Limited and 1 more, all in the BFSI industry (Micro Finance), with the same principal business activity (other financial activities).
Siddharth Balachandran ceased to be Additional Director on 11 May 2022. Lakshminarayanan Balachandran was appointed as Managing Director on 03 May 2022. Siddharth Balachandran was appointed as Director on 03 May 2022. K.T.R. Chits has 10 board changes on record in total.
Yes, K.T.R. Chits is registered as a micro enterprise under Udyam registration (number: UDYAM-TN-04-0000007).
The registered office of K.T.R. Chits is at Ktr Buildingschidambaram Road Cuddalore – 607 002, Tamil Nadu, India – 607002.