Kunnath Chits India Private Limited
About Kunnath Chits India Private Limited
Data last updated:
Kunnath Chits India Private Limited is a private limited company based in Alleppy, Kerala, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 12 April 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U65992KL2000PTC013862.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors John Joseph (Managing Director) and Joemon John.
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at Door No 642/Dkunnath Towers A C Road Cherthala, Alleppy, Kerala, India – 688524.
As per the financials filed for FY 2017, the company reported a revenue of ₹1.13 Lakh, a decline of 26% compared to the previous year. For the same year it recorded a net profit of ₹56,984 (net margin 50.3%) and EBITDA of ₹68,719 (EBITDA margin 60.6%).
Court records list 4 cases involving the company, including 4 filed by the company.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Kunnath Chits India Private Limited's registered office is in Alleppy, Kerala. Its e-mail address is in the company report.
- Email
- Registered AddressDoor No 642/Dkunnath Towers A C Road Cherthala, Alleppy, Kerala, India – 688524
- IndustryFinancial Services, Financial Activities
To see the full contact details of Kunnath Chits India 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 Kunnath Chits India 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 Kunnath Chits India Private Limited, buy the company report.
Financials of Kunnath Chits India Private Limited
FY 2017 filings availableKunnath Chits India Private Limited reported revenue of ₹1.13 Lakh (down 26% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 26% in the latest year. EBITDA rose 66% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹1.13 Lakh | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹68,719 | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹56,984 | ||
| 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 60.6% | ||
| Net Profit Margin | 50.3% | ||
| 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 Kunnath Chits India Private Limited, buy the company report.
Board of directors of Kunnath Chits India Private Limited
Kunnath Chits India has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Joemon John Also directs: Joemon Kunnath Nidhi Limited | Director | 12 Apr 2000 | 26 Years 6 Months | Current |
| John Joseph | Managing Director | 12 Apr 2000 | 26 Years 6 Months | Current |
Peer comparison
Kunnath Chits India 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 |
|---|---|---|---|---|---|---|
| Finlead Financial Advisory Private Limited | ₹1.14 Lakh (FY 2024) | -93.0% | Vasundhara, Uttar Pradesh, India | |||
| Om Prakash & Sons Pvt. Ltd. | ₹1.14 Lakh (FY 2025) | -18.0% | Kolkata, West Bengal, India | |||
| Lost Digital Pay Private Limited | ₹1.14 Lakh (FY 2024) | Noida, Uttar Pradesh, India | ||||
| Beta Commotrade Private Limited | ₹1.13 Lakh (FY 2024) | 62.0% | Bengaluru, Karnataka, India | |||
| Shanti Easy Pay Nidhi Limited | ₹1.13 Lakh (FY 2023) | -99.0% | Patna, Bihar, India | |||
| Kunnath Chits India Private Limitedthis company | ₹1.13 Lakh (FY 2017) | ₹56,984 | 50.3% | -26.0% | Alleppy, Kerala, India | |
| Saptha Sri Chits Private Limited | ₹1.13 Lakh (FY 2016) | Sira, Karnataka, India | ||||
| Akshat Commercial Private Limited | ₹1.13 Lakh (FY 2019) | -83.0% | Kolkata, West Bengal, India | |||
| Patronize Micro Credit Federation | ₹1.13 Lakh (FY 2024) | 122.0% | Hajipur, Bihar, India | |||
| Paramseva Nidhi Limited | ₹1.13 Lakh (FY 2023) | -1.0% | Patna, Bihar, India | |||
| Kanikkapuram Kuries Private Limited | ₹1.13 Lakh (FY 2025) | -89.0% | Thrissur, Kerala, India |
To see the full peer comparison of Kunnath Chits India Private Limited, buy the company report.
Auditor
Kunnath Chits India Private Limited is audited by Rangamani & Co for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Rangamani & Co | FY 2017 | 003050S |
Shareholding
The shareholding of Kunnath Chits India Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Kunnath Chits India Private Limited, buy the company report.
Legal cases
Kunnath Chits India Private Limited has 4 court cases on record: 4 filed by Kunnath Chits India. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 0 | 0 |
| High courts | 1 | 0 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Alappuzha, Kerala | Civil suit | Filed by the company against individuals | Disposed |
| High Court | Appeal | Filed by the company against individuals | Disposed |
| District court, Alappuzha, Kerala | Criminal case | Filed by the company against an individual | Disposed |
| District court, Alappuzha, Kerala | Civil suit | Filed by the company against an individual | Disposed |
To see the full case history of Kunnath Chits India 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 Kunnath Chits India 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 Kunnath Chits India Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Kunnath Chits India Private Limited has 4 board changes on record since 2000: 2 appointments and 2 cessations. The latest: Joemon John ceased to be Director on 03 Jul 2018.
Frequently asked questions
Kunnath Chits India is an active private limited company based in Alleppy, Kerala, India. The company works in financial activities, within the financial services industry. It was incorporated on 12 April 2000 (26+ years old) and is registered under CIN U65992KL2000PTC013862.
Kunnath Chits India has 2 current directors:
- John Joseph - Managing Director
- Joemon John - Director
The latest financial statements of Kunnath Chits India on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 30 September 2017. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Kunnath Chits India is U65992KL2000PTC013862. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kunnath Chits India has 4 court cases on record: 4 filed by the company. Most are in the district courts.
Kunnath Chits India was incorporated on 12 April 2000, making it 26+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Kunnath Chits India by revenue are Finlead Financial Advisory Private Limited, Om Prakash & Sons Pvt. Ltd, Lost Digital Pay Private Limited, Beta Commotrade Private Limited, Shanti Easy Pay Nidhi Limited and 5 more, all in the same principal business activity (other financial activities).
Joemon John ceased to be Director on 03 Jul 2018. Mariamma John ceased to be Director on 15 Apr 2006. Joemon John was appointed as Director on 12 Apr 2000. Kunnath Chits India has 4 board changes on record in total.
The registered office of Kunnath Chits India is at Door No 642Dkunnath Towers A C Road Cherthala, Alleppy, Kerala, India – 688524.
Kunnath Chits India operates in the financial services industry, in the financial activities segment.
The compliance status of Kunnath Chits India is active non-compliant as of 23 July 2026. The company is actively filing with the Registrar of Companies.