Mahithi Chits India Private Limited
About Mahithi Chits India Private Limited
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Mahithi Chits India Private Limited is a private limited company based in Mancherial, Telangana, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 12 April 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U65992TG2012PTC080275. Its GSTIN is 36AAICM0922E1ZS (Telangana).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Renuka Cheruku and Sridhar Madeshi.
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 D. No. 4 – 30/1 T.N.G.O'S Union Building, Mancherial, Telangana, India – 504208.
As per the financials filed for FY 2025, the company reported a revenue of ₹63.07 Lakh, a decline of 6% compared to the previous year. For the same year it recorded a net profit of ₹4.54 Lakh (net margin 7.2%) and EBITDA of ₹7.25 Lakh (EBITDA margin 11.5%). Revenue has declined at a compounded annual rate (CAGR) of 3% over three years and 3% over five years.
Court records list 20 cases involving the company, including 18 filed by the company and 2 filed against it; 12 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Mahithi Chits India has one previous CIN (Corporate Identification Number): U65992AP2012PTC080275. The current CIN is U65992TG2012PTC080275, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65992TG2012PTC080275 | Current |
| U65992AP2012PTC080275 | Previous |
Contact details
Mahithi Chits India Private Limited's registered office is in Mancherial, Telangana. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressD. No. 4 – 30/1 T.N.G.O'S Union Building, Mancherial, Telangana, India – 504208
- IndustryFinancial Services, Financial Activities
To see the full contact details of Mahithi 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 Mahithi 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 Mahithi Chits India Private Limited, buy the company report.
Financials of Mahithi Chits India Private Limited
FY 2025 filings availableMahithi Chits India Private Limited reported revenue of ₹63.07 Lakh (down 6% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 3% over five years, including a 6% fall in the latest year. EBITDA fell 2% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Total Expenses | |||||
| EBITDA | ₹7.25 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹4.54 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11.5% | ||||
| Net Profit Margin | 7.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Mahithi Chits India Private Limited, buy the company report.
Board of directors of Mahithi Chits India Private Limited
Mahithi Chits India has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Renuka Cheruku | Director | 12 Apr 2012 | 14 Years 6 Months | Current |
| Sridhar Madeshi | Director | 12 Apr 2012 | 14 Years 6 Months | Current |
| Mannesh Rasapalli | Director | 12 Apr 2012 | 14 Years 6 Months | Current |
Peer comparison
Mahithi 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 |
|---|---|---|---|---|---|---|
| Nilgiri Mercantiles Pvt. Ltd. | ₹63.13 Lakh (FY 2025) | 39.0% | Kolkata, West Bengal, India | |||
| Kalambgold Urban Nidhi Limited | ₹63.13 Lakh (FY 2023) | 41.0% | Osmanabad, Maharashtra, India | |||
| Confident Nidhi Limited | ₹63.1 Lakh (FY 2025) | 29.0% | Angamaly, Kerala, India | |||
| Bhakti Urban Multipurpose Nidhi Limited | ₹63.08 Lakh (FY 2024) | 66.0% | Ahmednagar, Maharashtra, India | |||
| Kuber Trexim Pvt Ltd | ₹63.08 Lakh (FY 2025) | -3.0% | Kolkata, West Bengal, India | |||
| Mahithi Chits India Private Limitedthis company | ₹63.07 Lakh (FY 2025) | ₹4.54 Lakh | 7.2% | -6.0% | Mancherial, Telangana, India | |
| Kandoi Finance Pvt Ltd | ₹63.07 Lakh (FY 2024) | 69.0% | Cuttack, Odisha, India | |||
| Darshit Micro Foundation | ₹63.06 Lakh (FY 2025) | 3.0% | Bettiah, Bihar, India | |||
| Raptas Financial Solution Private Limited | ₹63.06 Lakh (FY 2024) | 4.0% | Pune, Maharashtra, India | |||
| Rsa Fincorp Private Limited | ₹63.04 Lakh (FY 2025) | 136.0% | Vadodara, Gujarat, India | |||
| 9Am Fortunes Private Limited | ₹63.03 Lakh (FY 2022) | Tirupur, Tamil Nadu, India |
To see the full peer comparison of Mahithi Chits India Private Limited, buy the company report.
Auditor
Mahithi Chits India Private Limited is audited by SAMA KISHAN REDDY for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SAMA KISHAN REDDY | FY 2017 | 226953 |
Shareholding
The shareholding of Mahithi Chits India Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Mahithi Chits India Private Limited, buy the company report.
Legal cases
Mahithi Chits India Private Limited has 20 court cases on record: 18 filed by Mahithi Chits India, 2 filed against it. 12 cases are pending and 8 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 18 | 0 | 11 |
| High courts | 2 | 2 | 1 |
Cases on record (5 of 20)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mancherial, Telangana | Execution petition | Filed by the company against an individual | Pending |
| District court, Mancherial, Telangana | Execution petition | Filed by the company against an individual | Pending |
| District court, Mancherial, Telangana | Execution petition | Filed by the company against an individual | Pending |
| High Court, TELANGANA | Revision petition | Filed against the company by individuals | Pending |
| District court, Mancherial, Telangana | Execution petition | Filed by the company against an individual | Pending |
To see the full case history of Mahithi 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 Mahithi Chits India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Mahithi Chits India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAICM0922E1ZS | Telangana | Active | 19 Jan 2021 |
To see the full GST registrations and return filing status of Mahithi Chits India Private Limited, buy the company report.
Recent activity
Mahithi Chits India Private Limited has 3 board changes on record since 2012: 3 appointments. The latest: Mannesh Rasapalli was appointed as Director on 12 Apr 2012.
Frequently asked questions
Mahithi Chits India is an active private limited company based in Mancherial, Telangana, India. The company works in financial activities, within the financial services industry. It was incorporated on 12 April 2012 (14+ years old) and is registered under CIN U65992TG2012PTC080275.
Mahithi Chits India has 3 current directors:
- Renuka Cheruku - Director
- Sridhar Madeshi - Director
- Mannesh Rasapalli - Director
The latest financial statements of Mahithi Chits India 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.
The GSTIN of Mahithi Chits India is 36AAICM0922E1ZS, registered in Telangana.
The CIN (Corporate Identification Number) of Mahithi Chits India is U65992TG2012PTC080275. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mahithi Chits India has 20 court cases on record: 18 filed by the company and 2 filed against it. 12 are pending. Most are in the district courts.
Mahithi Chits India was incorporated on 12 April 2012, making it 14+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Mahithi Chits India by revenue are Nilgiri Mercantiles Pvt. Ltd, Kalambgold Urban Nidhi Limited, Confident Nidhi Limited, Bhakti Urban Multipurpose Nidhi Limited, Kuber Trexim Pvt Ltd and 5 more, all in the same principal business activity (other financial activities).
Mannesh Rasapalli was appointed as Director on 12 Apr 2012. Renuka Cheruku was appointed as Director on 12 Apr 2012. Sridhar Madeshi was appointed as Director on 12 Apr 2012.
The registered office of Mahithi Chits India is at D. No. 4 – 301 T.N.G.OS Union Building, Mancherial, Telangana, India – 504208.
Mahithi Chits India operates in the financial services industry, in the financial activities segment.