Mazhuppel Chits Private Limited

Mazhuppel Chits Private Limited - financial services in Kannur, Kerala, India. FY 2026 financials & compliance.
CIN U65992KL2011PTC029434 Incorporated 26 September 2011 ROC Ernakulam HQ Kannur, Kerala, India
Active Private Limited Company financial services MSME · Micro
Data last updated
Revenue · FY 2025
₹3.08 Cr
▼ 1% YoY
Net loss · FY 2025
₹2.43 Lakh
Net margin -0.8%
EBITDA · FY 2025
-₹15,794
EBITDA margin -0.1%
Authorised capital
₹24 Lakh
Registered with MCA
Paid-up capital
₹11 Lakh
Issued & subscribed
Satisfied charges
₹9.39 Lakh
No open charges
Company age
15 yrs
Est. 2011
Employees · EPFO
3
Provident fund records

About Mazhuppel Chits Private Limited

Data last updated:

Mazhuppel Chits Private Limited is a private limited company based in Kannur, Kerala, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 26 September 2011 and has been in existence for over 15 years.

The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U65992KL2011PTC029434. Its GSTIN is 32AAHCM4825H1ZL (Kerala).

The company has an authorised share capital of ₹24 Lakh and a paid-up capital of ₹11 Lakh. It is led by directors Richard Joseph (Managing Director) and Daisy Richard.

Its last annual general meeting (AGM) was held on 16 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Building No. Pgp IX/673 Payyavoor Po, Kannur, Kerala, India – 670633.

As per the financials filed for FY 2025, the company reported a revenue of ₹3.08 Cr, a decline of 1% compared to the previous year. For the same year it recorded a net loss of ₹2.43 Lakh (net margin -0.8%) and EBITDA of -₹15,794 (EBITDA margin -0.1%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 9% over five years.

The company has about 3 employees on its provident fund (EPFO) records.

As per MCA filings, the company has satisfied charges of ₹9.39 Lakh on record. Court records list 740 cases involving the company, including 736 filed by the company and 4 filed against it; 168 cases are pending.

Mazhuppel Chits Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KL-04-0016138). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U65992KL2011PTC029434
Registration Number 029434
Incorporation Date 26 September 2011
ROC Ernakulam
Listing Status Unlisted
Company Status Active
Date of Last AGM 16 August 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-KL-04-0016138
Key People
Richard Joseph Managing Director Daisy Richard Director

Recognitions & Rankings of Mazhuppel Chits

MSME (Udyam registered) Ministry of MSME
Category
Micro (2023-24)
Udyam number
UDYAM-KL-04-0016138

Contact details

Mazhuppel Chits Private Limited's registered office is in Kannur, Kerala. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Building No. Pgp IX/673 Payyavoor Po, Kannur, Kerala, India – 670633
  • Industry
    Financial Services, Financial Activities

To see the full contact details of Mazhuppel Chits Private Limited, buy the company report.

Comprehensive company report
Mazhuppel 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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Business activity

The main business activity of Mazhuppel Chits is financial and insurance service. In detail, this covers other financial activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
KFinancial and insurance ServiceK8Other financial activities

To see the full business activity and turnover split of Mazhuppel Chits Private Limited, buy the company report.

Financials of Mazhuppel Chits Private Limited

FY 2025 filings available

Mazhuppel Chits Private Limited reported revenue of ₹3.08 Cr (down 1% YoY) for FY 2025.

Revenue · FY 2025
₹3.08 Cr ▼ 1%
Net loss · FY 2025
₹2.43 Lakh margin -0.8%
EBITDA · FY 2025
-₹15,794 margin -0.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 1%
3 years · compounded
▲ 10%
5 years · compounded
▲ 9%
EBITDA CAGR growth
1 year
▼ 101%
3 years · compounded
▼ 26%
5 years · compounded
▼ 15%

Revenue fell 1% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 9%. EBITDA fell 101% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
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-₹15,794
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹2.43 Lakh
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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin-0.1%
Net Profit Margin-0.8%
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 Mazhuppel Chits Private Limited, buy the company report.

Board of directors of Mazhuppel Chits Private Limited

Mazhuppel Chits has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Daisy Richard
Also directs: Mazhuppel Food and Aqua Private Limited, Mazhuppel Nidhi Limited, Mazhuppel Development Foundation
Director26 Sep 201115 Years 1 MonthsCurrent
Richard Joseph
Also directs: Mazhuppel Food and Aqua Private Limited, Mazhuppel Development Foundation
Managing Director26 Sep 201115 Years 1 MonthsCurrent
View all directors

Peer comparison

Mazhuppel Chits 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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Sungrowth Coke Pvt. Ltd.₹3.09 Cr (FY 2024)63504.0%New Delhi, Delhi, India
Maitreya Capital and Business Services Private Limited₹3.09 Cr (FY 2025)-46.0%Mumbai, Maharashtra, India
Swan Silverwares Pvt.Ltd.₹3.09 Cr (FY 2016)396.0%West Bengal, India
Credible Capital Services Private Limited₹3.09 Cr (FY 2025)-5.0%Chennai, Tamil Nadu, India
Moriya Suppliers Private Limited₹3.09 Cr (FY 2021)231.0%Kolkata, West Bengal, India
Mazhuppel Chits Private Limitedthis company₹3.08 Cr (FY 2025)-₹2.43 Lakh-0.8%-1.0%3Kannur, Kerala, India
Bretton Woods Finlease Limited₹3.08 Cr (FY 2025)-41.0%New Delhi, Delhi, India
Sharad Finlease Private Limited₹3.08 Cr (FY 2025)16.0%Surat, Gujarat, India
Swan Holdings Private Limited₹3.07 Cr (FY 2025)17.0%Indore, Madhya Pradesh, India
Ushma Investments Pvt Ltd₹3.07 Cr (FY 2024)215.0%Mumbai, Maharashtra, India
Time Leverage Instruments Private Limited₹3.07 Cr (FY 2025)700.0%Kolkata, West Bengal, India

To see the full peer comparison of Mazhuppel Chits Private Limited, buy the company report.

Auditor

Mazhuppel Chits Private Limited is audited by JACOB & GEORGE for the financial year 2017.

Auditor firmFinancial yearFirm registration number
JACOB & GEORGEFY 2017005391S

Shareholding

The shareholding of Mazhuppel Chits 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 categoryFY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Mazhuppel Chits Private Limited, buy the company report.

Charges & borrowings

Open charges
None
Satisfied charges
₹9.39 Lakh
Breakdown by lending institutions
The South Indian Bank Limited₹0.09 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
10 Mar 2020100334209The South Indian Bank Limited₹9.39 LakhSatisfied

To see the full charge records of Mazhuppel Chits Private Limited, buy the company report.

Total charge records: 1 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Mazhuppel Chits Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Mazhuppel Chits Private Limited has a workforce of 3 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.

Employee count
3
Active EPFO establishments
1
Employee growth
-85.71%

GST

Mazhuppel Chits has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
32AAHCM4825H1ZLKeralaActive01 Jul 2017

To see the full GST registrations and return filing status of Mazhuppel Chits Private Limited, buy the company report.

Recent activity

Mazhuppel Chits Private Limited has 2 board changes on record since 2011: 2 appointments. The latest: Daisy Richard was appointed as Director on 26 Sep 2011.

AGM
Mazhuppel Chits Private Limited last Annual general meeting of members was held on 16 Aug 2025 as per latest MCA records.
Filing
Mazhuppel Chits Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ernakulam.
Charges
A charge registered on 10 Mar 2020 via Charge ID 100334209 with The South Indian Bank Limited was fully satisfied on 18 May 2023.
Charges
A charge with The South Indian Bank Limited amounted to Rs. 9.39 Lakh with Charge ID 100334209 was registered on 10 Mar 2020.
Appointed
Daisy Richard was appointed as Director.
Appointed
Richard Joseph was appointed as Managing Director.
Incorporation
26 Sep 2011
Mazhuppel Chits Private Limited was registered on 26 Sep 2011 with Roc Ernakulam & aged 15 years 1 month as per MCA records.

Frequently asked questions

Mazhuppel Chits is an active private limited company based in Kannur, Kerala, India. The company works in financial activities, within the financial services industry. It was incorporated on 26 September 2011 (15+ years old) and is registered under CIN U65992KL2011PTC029434.

Mazhuppel Chits has 2 current directors:

The latest financial statements of Mazhuppel Chits on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 16 August 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Mazhuppel Chits is 32AAHCM4825H1ZL, registered in Kerala.

The CIN (Corporate Identification Number) of Mazhuppel Chits is U65992KL2011PTC029434. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Mazhuppel Chits has 740 court cases on record: 736 filed by the company and 4 filed against it. 168 are pending.

Mazhuppel Chits was incorporated on 26 September 2011, making it 15+ years old. It is registered with the Registrar of Companies, Ernakulam.

The peers of Mazhuppel Chits by revenue are Sungrowth Coke Pvt. Ltd, Maitreya Capital and Business Services Private Limited, Swan Silverwares Pvt.Ltd, Credible Capital Services Private Limited, Moriya Suppliers Private Limited and 5 more, all in the same principal business activity (other financial activities).

Daisy Richard was appointed as Director on 26 Sep 2011. Richard Joseph was appointed as Managing Director on 26 Sep 2011.

Yes, Mazhuppel Chits is registered as a micro enterprise under Udyam registration (number: UDYAM-KL-04-0016138).

The registered office of Mazhuppel Chits is at Building No. Pgp IX673 Payyavoor Po, Kannur, Kerala, India – 670633.