Mangaldayak Chit Funds Pvt Ltd
About Mangaldayak Chit Funds Pvt Ltd
Data last updated:
Mangaldayak Chit Funds Pvt Ltd is a private limited company based in Hyderabad, Telangana, India. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 18 February 1982 and has been in existence for over 44 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U65992TG1982PTC003407. The company has 3 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹8 Lakh. It is led by directors Ramprasad Kari (Managing Director) and Sudharshan Raskas.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at H.No.27/A And 28/A Flat No.202 2nd Floor Royal Arcadia S.R.Nagar, Hyderabad, Telangana, India – 500038.
As per the financials filed for FY 2021, the company reported a revenue of ₹29.09 Lakh, a decline of 43% compared to the previous year. For the same year it recorded a net profit of ₹64,126 (net margin 2.2%) and EBITDA of ₹95,066 (EBITDA margin 3.3%). Revenue has declined at a compounded annual rate (CAGR) of 33% over three years and 24% over five years.
Court records list 54 cases involving the company, including 49 filed by the company and 5 filed against it.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
CIN history
Mangaldayak Chit Funds has one previous CIN (Corporate Identification Number): U65992AP1982PTC003407. The current CIN is U65992TG1982PTC003407, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65992TG1982PTC003407 | Current |
| U65992AP1982PTC003407 | Previous |
Contact details
Mangaldayak Chit Funds Pvt Ltd's registered office is in Hyderabad, Telangana. Its e-mail address is in the company report.
- Email
- Registered AddressH.No.27/A And 28/A Flat No.202 2nd Floor Royal Arcadia S.R.Nagar, Hyderabad, Telangana, India – 500038
- IndustryFinancial Services, Microfinance Institutions
To see the full contact details of Mangaldayak Chit Funds Pvt Ltd, 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 Mangaldayak Chit Funds 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 Mangaldayak Chit Funds Pvt Ltd, buy the company report.
Financials of Mangaldayak Chit Funds Pvt Ltd
FY 2021 filings availableMangaldayak Chit Funds Pvt Ltd reported revenue of ₹29.09 Lakh (down 43% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 24% over five years, including a 43% fall in the latest year. EBITDA fell 61% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹29.09 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹95,066 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹64,126 | ||||
| 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.3% | ||||
| Net Profit Margin | 2.2% | ||||
| 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 Mangaldayak Chit Funds Pvt Ltd, buy the company report.
Board of directors of Mangaldayak Chit Funds Pvt Ltd
Mangaldayak Chit Funds has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sudharshan Raskas | Additional Director | 07 Sep 2018 | 8 Years 1 Months | Current |
| Ramprasad Kari | Managing Director | 29 Aug 1999 | 27 Years 2 Months | Current |
Peer comparison
Mangaldayak Chit Funds Pvt Ltd is compared with the 5 companies closest to it by revenue in the BFSI industry (Chit Funds, 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 |
|---|---|---|---|---|---|---|
| Savera Microfinance and Welfare Foundation | ₹29.68 Lakh (FY 2025) | 24.0% | Loni, Uttar Pradesh, India | |||
| Swapna Mithra Chit Funds Private Limited | ₹29.56 Lakh (FY 2019) | 29.0% | Narsi, Maharashtra, India | |||
| Mangaldayak Chit Funds Pvt Ltdthis company | ₹29.09 Lakh (FY 2021) | ₹64,126 | 2.2% | -43.0% | Hyderabad, Telangana, India | |
| Veliyath Kuries Private Limited | ₹29 Lakh (FY 2025) | -8.0% | Ernakulam, Kerala, India | |||
| Mallemala Chit Funds Private Limited | ₹28.95 Lakh (FY 2023) | 141.0% | Suryapet, Telangana, India | |||
| Transport City Chit Funds Private Limited | ₹28.85 Lakh (FY 2025) | 411.0% | Namakkal, Tamil Nadu, India |
To see the full peer comparison of Mangaldayak Chit Funds Pvt Ltd, buy the company report.
Auditor
Mangaldayak Chit Funds Pvt Ltd is audited by A V RATNAM & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A V RATNAM & CO | FY 2021 | 003028S |
Shareholding
The shareholding of Mangaldayak Chit Funds Pvt Ltd is on record for 3 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2019 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Mangaldayak Chit Funds Pvt Ltd, buy the company report.
Legal cases
Mangaldayak Chit Funds Pvt Ltd has 54 court cases on record: 49 filed by Mangaldayak Chit Funds, 5 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 52 | 3 | 0 |
| High courts | 2 | 2 | 0 |
Cases on record (5 of 54)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Hyderabad Central, Telangana | Execution petition | Filed by the company against an individual | Disposed |
| District court, Hyderabad Central, Telangana | Execution petition | Filed by the company against an individual | Disposed |
| District court, Hyderabad Central, Telangana | Court case (STC - NI) | Filed by the company against an individual | Disposed |
| District court, Hyderabad CCC, Telangana | Criminal complaint | Filed against the company by an individual | Disposed |
| District court, Hyderabad CCC, Telangana | Criminal complaint | Filed against the company by an individual | Disposed |
To see the full case history of Mangaldayak Chit Funds Pvt Ltd, 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 Mangaldayak Chit Funds Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Mangaldayak Chit Funds has 3 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Mangaldayak Chit Funds Pvt Ltd, buy the company report.
Recent activity
Mangaldayak Chit Funds Pvt Ltd has 10 board changes on record since 1986: 6 appointments and 4 cessations. The latest: Krishnaveni Raskas ceased to be Director on 27 Sep 2019.
1 earlier event is in the company report.
Frequently asked questions
Mangaldayak Chit Funds is an active private limited company based in Hyderabad, Telangana, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 18 February 1982 (44+ years old) and is registered under CIN U65992TG1982PTC003407.
Mangaldayak Chit Funds has 2 current directors:
- Ramprasad Kari - Managing Director
- Sudharshan Raskas - Additional Director
The latest financial statements of Mangaldayak Chit Funds on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
No. Mangaldayak Chit Funds has 3 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Mangaldayak Chit Funds is U65992TG1982PTC003407. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mangaldayak Chit Funds has 54 court cases on record: 49 filed by the company and 5 filed against it. Most are in the district courts.
Mangaldayak Chit Funds was incorporated on 18 February 1982, making it 44+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Mangaldayak Chit Funds by revenue are Savera Microfinance and Welfare Foundation, Swapna Mithra Chit Funds Private Limited, Veliyath Kuries Private Limited, Mallemala Chit Funds Private Limited, Transport City Chit Funds Private Limited, all in the BFSI industry (Chit Funds, Micro Finance), with the same principal business activity (other financial activities).
Krishnaveni Raskas ceased to be Director on 27 Sep 2019. Sudharshan Raskas was appointed as Additional Director on 07 Sep 2018. Venkatesh Prasad Kari ceased to be Director on 19 Feb 2014. Mangaldayak Chit Funds has 10 board changes on record in total.
The registered office of Mangaldayak Chit Funds is at H.No.27A And 28A Flat No.202 2nd Floor Royal Arcadia S.R.Nagar, Hyderabad, Telangana, India – 500038.
Mangaldayak Chit Funds operates in the financial services industry, in the microfinance institutions segment.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
