Mighty Chit Funds Private Limited
About Mighty Chit Funds Private Limited
Data last updated:
Mighty Chit Funds Private Limited is a private limited company based in Triprayar, Kerala, India. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 08 April 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U65992KL2013PTC033746. Its GSTIN is 32AAICM9508Q1ZV (Kerala).
The company has an authorised share capital of ₹40 Lakh and a paid-up capital of ₹40 Lakh. It is led by directors including Mohanasundaran Thayyil Anandan and Thottupura Kunhiraman Dayanandan.
Its last annual general meeting (AGM) was held on 07 July 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Room No. XI/1086A Lakshmy Building Nattika P O, Triprayar, Kerala, India – 680566.
As per the financials filed for FY 2025, the company reported a revenue of ₹22.84 Lakh, a growth of 37% compared to the previous year. For the same year it recorded a net profit of ₹2.14 Lakh (net margin 9.4%) and EBITDA of ₹3.15 Lakh (EBITDA margin 13.8%). Revenue has declined at a compounded annual rate (CAGR) of 14% over three years and 5% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressRoom No. XI/1086A Lakshmy Building Nattika P O, Triprayar, Kerala, India – 680566
- IndustryFinancial Services, Microfinance Institutions
- 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 Mighty Chit Funds Private Limited
The main business activity of Mighty Chit Funds 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.
Auditor Details of Mighty Chit Funds Private Limited
Mighty Chit Funds Private Limited is audited by VARGHESE JOHN & CO for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| VARGHESE JOHN & CO | 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 Mighty Chit Funds Private Limited
Mighty Chit Funds has 9 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Financials of Mighty Chit Funds Private Limited FY 2024 filings available
Mighty Chit Funds Private Limited reported revenue of ₹22.84 Lakh (up 37% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Mighty Chit Funds Private Limited
Revenue rose 37% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 5%. EBITDA rose 214% 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 Mighty Chit Funds Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 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 | ₹3.15 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹2.14 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 of Mighty Chit Funds Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 13.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 9.4% | •••• | •••• | •••• | •••• |
| 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 Mighty Chit Funds 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.
Ownership and Shareholding of Mighty Chit Funds 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 Mighty Chit Funds Private Limited
Mighty Chit Funds Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Mighty Chit Funds Private Limited
Employment history and EPFO contributions of people linked to Mighty Chit Funds.
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.
GST Compliance of Mighty Chit Funds Private Limited
Mighty Chit Funds has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AAICM9508Q1ZV | Kerala | Active | 01 Jul 2017 |
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.
Credit Ratings, Litigation & Regulatory Alerts for Mighty Chit Funds 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 Mighty Chit Funds 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 Mighty Chit Funds 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.
MCA Filings & Documents of Mighty Chit Funds 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.
Recent Activity on Mighty Chit Funds Private Limited
Frequently Asked Questions about Mighty Chit Funds Private Limited
Mighty Chit Funds is an active private limited company based in Triprayar, Kerala, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 08 April 2013 (13+ years old) and is registered under CIN U65992KL2013PTC033746.
Mighty Chit Funds reported revenue of ₹22.84 Lakh for FY 2025 (up 37% YoY).
Mighty Chit Funds has 9 current directors:
- Mohanasundaran Thayyil Anandan - Director
- Thottupura Kunhiraman Dayanandan - Director
- Thottupura Kunhiraman Prabhakaran - Director
- Sasikumar Ayyappan Chendra - Director
- Valsa Jayaprakasan - Director
- Chulliparambil Ramachandran Smitha - Director
- Cherayath Kochappu Andrews Glory - Director
- Eluvathingal Antony Valsan - Director
- Lesly Joshi - Director
Mighty Chit Funds reported a net profit of ₹2.14 Lakh (net margin 9.4%) and EBITDA of ₹3.15 Lakh (EBITDA margin 13.8%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Mighty Chit Funds is 14% over three years and -5% over five years. In the latest year (FY 2025) revenue rose 37%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Mighty Chit Funds is 32AAICM9508Q1ZV, registered in Kerala.
The CIN (Corporate Identification Number) of Mighty Chit Funds is U65992KL2013PTC033746. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mighty Chit Funds was incorporated on 08 April 2013, making it 13+ years old. It is registered with the Registrar of Companies, Ernakulam.
The registered office of Mighty Chit Funds is at Room No. XI1086A Lakshmy Building Nattika P O, Triprayar, Kerala, India – 680566.