Mathirappilly Chit Fund (India) Private Limited
About Mathirappilly Chit Fund (India) Private Limited
Data last updated:
Mathirappilly Chit Fund (India) Private Limited is a private unlimited liabilities company based in Ernakulam, Kerala, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 12 March 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U65992KL2014ULT036397.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹4.4 Lakh. It is led by directors including George Mathirapillil Joseph (Managing Director) and Joseph Edison.
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 V/602 Cheranelloore, Ernakulam, Kerala, India – 682034.
As per the financials filed for FY 2021, the company reported a revenue of ₹3.93 Lakh, a decline of 56% compared to the previous year. For the same year it recorded a net loss of ₹84,923 (net margin -21.6%) and EBITDA of -₹84,590 (EBITDA margin -21.5%). Revenue has declined at a compounded annual rate (CAGR) of 32% over three years and 15% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressV/602 Cheranelloore, Ernakulam, Kerala, India – 682034
- IndustryFinancial Services, Financial Activities
- 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 Mathirappilly Chit Fund (India) Private Limited
The main business activity of Mathirappilly Chit Fund (India) is financial and insurance service. In detail, this covers other financial activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial 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 Mathirappilly Chit Fund (India) Private Limited FY 2021 filings available
Mathirappilly Chit Fund (India) Private Limited reported revenue of ₹3.93 Lakh (down 56% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR) of Mathirappilly Chit Fund (India) Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 15% over five years, including a 56% fall in the latest year. EBITDA fell 221% 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 Mathirappilly Chit Fund (India) Private Limited
| 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 | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹84,590 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹84,923 | •••• | •••• | •••• | •••• |
| 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 Mathirappilly Chit Fund (India) Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -21.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -21.6% | •••• | •••• | •••• | •••• |
| 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 Mathirappilly Chit Fund (India) are in the company report.
Financial statements from 2015
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 Mathirappilly Chit Fund (India) Private Limited
Mathirappilly Chit Fund (India) Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Other financial 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 |
|---|---|---|---|---|---|---|
| Maa Savita Mutual Nidhi Limited | ₹3.94 Lakh (FY 2022) | •••• | •••• | 88.0% | •••• | Jabalpur, Madhya Pradesh, India |
| Papertax Consultancy Private Limited | ₹3.93 Lakh (FY 2024) | •••• | •••• | -67.0% | •••• | Ahmedabad, Gujarat, India |
| Sevakrisak Sangam Micro Finance Foundation | ₹3.93 Lakh (FY 2024) | •••• | •••• | -13.0% | •••• | Mirzapur, Uttar Pradesh, India |
| Jagruti Chit Funds Private Limited | ₹3.93 Lakh (FY 2024) | •••• | •••• | -60.0% | •••• | Kaikaluru, Andhra Pradesh, India |
| Reachyourgoals Max Private Limited | ₹3.93 Lakh (FY 2024) | •••• | •••• | -90.0% | •••• | Kolkata, West Bengal, India |
| Mathirappilly Chit Fund (India) Private Limited this company | ₹3.93 Lakh (FY 2021) | •••• | •••• | -56.0% | •••• | Ernakulam, Kerala, India |
| Arch Commodity Brokers Private Limited | ₹3.93 Lakh (FY 2024) | •••• | •••• | 23.0% | •••• | New Delhi, Delhi, India |
| Jai-Ambika Finance and Investment Private Limited | ₹3.93 Lakh (FY 2024) | •••• | •••• | 1.0% | •••• | Mumbai, Maharashtra, India |
| Sri Nadiammbal Chits (Pattukkottai) Private Limited | ₹3.93 Lakh (FY 2024) | •••• | •••• | -4.0% | •••• | Pattukkottai, Tamil Nadu, India |
| Cosmos Resources Private Limited | ₹3.92 Lakh (FY 2023) | •••• | •••• | -1.0% | •••• | Kolkata, West Bengal, India |
| Sunsip Chits Pvt Ltd | ₹3.92 Lakh (FY 2019) | •••• | •••• | 22.0% | •••• | Haryana, India |
Peers are the five companies nearest above and the five nearest below Mathirappilly Chit Fund (India) by revenue in the same principal business activity (Other financial activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Mathirappilly Chit Fund (India) Private Limited
Mathirappilly Chit Fund (India) Private Limited is audited by SABUKURIAKOSE for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SABUKURIAKOSE | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Mathirappilly Chit Fund (India) Private Limited
Mathirappilly Chit Fund (India) has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| George Mathirapillil Joseph | Managing Director | 25 Apr 2016 | 10 Years 5 Months | Current |
| Joseph Edison | Director | 24 Jul 2018 | 8 Years 2 Months | Current |
| Mathirappilly Antony Shinjo Michael | Director | 24 Jul 2018 | 8 Years 2 Months | Current |
| Joseph Varuth Mathirappilly | Director | 24 Jul 2018 | 8 Years 2 Months | Current |
Ownership and Shareholding of Mathirappilly Chit Fund (India) Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Mathirappilly Chit Fund (India) Private Limited
Mathirappilly Chit Fund (India) Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Mathirappilly Chit Fund (India) Private Limited
Employment history and EPFO contributions of people linked to Mathirappilly Chit Fund (India).
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 Mathirappilly Chit Fund (India) Private Limited
Mathirappilly Chit Fund (India) Private Limited has 7 board changes on record since 2016: 4 appointments and 3 cessations. The latest: George Mathirapillil Joseph ceased to be Director on 24 Jul 2018.
Credit Ratings, Litigation & Regulatory Alerts for Mathirappilly Chit Fund (India) 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 Mathirappilly Chit Fund (India) 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 Mathirappilly Chit Fund (India) 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 Mathirappilly Chit Fund (India) 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 Mathirappilly Chit Fund (India) 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 Mathirappilly Chit Fund (India) Private Limited
Mathirappilly Chit Fund (India) is an active private unlimited liabilities company based in Ernakulam, Kerala, India. The company works in financial activities, within the financial services industry. It was incorporated on 12 March 2014 (12+ years old) and is registered under CIN U65992KL2014ULT036397.
Mathirappilly Chit Fund (India) reported revenue of ₹3.93 Lakh for FY 2021 (down 56% YoY).
Mathirappilly Chit Fund (India) has 4 current directors:
- George Mathirapillil Joseph - Managing Director
- Joseph Edison - Director
- Mathirappilly Antony Shinjo Michael - Director
- Joseph Varuth Mathirappilly - Director
Mathirappilly Chit Fund (India) reported a net loss of ₹84,923 (net margin -21.6%) and EBITDA of -₹84,590 (EBITDA margin -21.5%) for FY 2021, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Mathirappilly Chit Fund (India) is -32% over three years and -15% over five years. In the latest year (FY 2021) revenue fell 56%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Mathirappilly Chit Fund (India) is U65992KL2014ULT036397. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mathirappilly Chit Fund (India) was incorporated on 12 March 2014, making it 12+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Mathirappilly Chit Fund (India) by revenue are Maa Savita Mutual Nidhi Limited, Papertax Consultancy Private Limited, Sevakrisak Sangam Micro Finance Foundation, Jagruti Chit Funds Private Limited, Reachyourgoals Max Private Limited and 5 more, all in the same principal business activity (Other financial activities).
George Mathirapillil Joseph ceased to be Director on 24 Jul 2018. Gilda Mathirappillil Christopher ceased to be Director on 24 Jul 2018. Joseph Edison was appointed as Director on 24 Jul 2018. Mathirappilly Chit Fund (India) has 7 board changes on record in total.
The registered office of Mathirappilly Chit Fund (India) is at V602 Cheranelloore, Ernakulam, Kerala, India – 682034.
Mathirappilly Chit Fund (India) has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹4.4 Lakh.