About Margadarsi Chit Fund Private Limited
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Margadarsi Chit Fund Private Limited 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 31 August 1962 and has been in existence for over 64 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U65992TG1962PTC000927. Its GSTIN is 36AABCM4751G1ZK (Telangana). The company holds 6 GST registrations, of which 4 are active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹2 Cr. It was formerly known as Margadarsi Chit Fund Limited. It is led by directors including Sailaja Cherukuri (Managing Director) and Venkata Swamy Surabathini (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 5 – 10 – 195 Opp.Police Controlroom Fateh Maidan Road Hyderabad – 500 004., Telangana, India – 500004.
As per the financials filed for FY 2024, the company reported a revenue of ₹569.53 Cr, a growth of 3% compared to the previous year. For the same year it recorded a net profit of ₹448.09 Cr (net margin 78.7%) and EBITDA of ₹470.22 Cr (EBITDA margin 82.6%). Revenue has grown at a compounded annual rate (CAGR) of 3% over five years.
The company has about 2,901 employees on its provident fund (EPFO) records. Its group structure includes 4 subsidiaries.
The company is associated with 1 brand: Margadarsi Chit Fund. As per MCA filings, the company has satisfied charges of ₹624 Cr on record. Court records list 29,642 cases involving the company, including 28,282 filed by the company and 1,362 filed against it; 3,563 cases are pending. The company has 2 deals on record (2 secondary share transfers); the latest was in September 2012. Its 9 peer companies in the BFSI industry (Micro Finance), with the same principal business activity (other financial activities) are compared by revenue, 4 larger and 5 smaller; the largest is Fusion Finance Limited with revenue of ₹2,412.42 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website margadarsi.com.
Company details
CIN history
Margadarsi Chit Fund has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U65992TG1962PTC000927, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65992TG1962PTC000927 | Current |
| U65992AP1962PLC000927 | Previous |
| U65992AP1962PTC000927 | Previous |
Contact details
Margadarsi Chit Fund Private Limited's registered office is in Hyderabad, Telangana. Its website is margadarsi.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address5 – 10 – 195 Opp.Police Controlroom Fateh Maidan Road Hyderabad – 500 004., Telangana, India – 500004
- IndustryFinancial Services, Microfinance Institutions
To see the full contact details of Margadarsi Chit Fund 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
Brands
Margadarsi Chit Fund operates one associated brand: Margadarsi Chit Fund. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Functions as a cooperative lending company providing financial services. | margadarsi.com |
Business activity
The main business activity of Margadarsi Chit Fund 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 Margadarsi Chit Fund Private Limited, buy the company report.
Financials of Margadarsi Chit Fund Private Limited
FY 2024 filings availableMargadarsi Chit Fund Private Limited reported revenue of ₹569.53 Cr (up 3% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 3% over five years, including 3% growth in the latest year. EBITDA rose 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹569.53 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹470.22 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹448.09 Cr | ||||
| 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 82.6% | ||||
| Net Profit Margin | 78.7% | ||||
| 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 Margadarsi Chit Fund Private Limited, buy the company report.
Board of directors of Margadarsi Chit Fund Private Limited
Margadarsi Chit Fund has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sailaja Cherukuri Also directs: Ushodaya Enterprises Private Limited, Om Spiritual City, Margadarsi Marketing Pvt Ltd and 5 more | Managing Director | 29 Apr 1995 | 31 Years 6 Months | Current |
| Kiron Cherukuri Also directs: Ushodaya Enterprises Private Limited, Om Spiritual City, Dolphin Hotels Private Limited and 5 more | Additional Director | 03 Dec 2024 | 1 Years 11 Months | Current |
| Venkata Swamy Surabathini | Whole-Time Director | 03 Nov 2022 | 4 Years 0 Months | Current |
Peer comparison
Margadarsi Chit Fund Private Limited is compared with the 9 companies closest to it by revenue in the BFSI industry (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 |
|---|---|---|---|---|---|---|
| Fusion Finance Limited | ₹2,412.42 Cr (FY 2024) | 34.0% | New Delhi, Delhi, India | |||
| Muthoot Microfin Limited | ₹2,285.49 Cr (FY 2024) | 58.0% | Mumbai, Maharashtra, India | |||
| Kerala State Financial Enterprises Ltd | ₹2,162.26 Cr (FY 2018) | 10.0% | Thrissur, Kerala, India | |||
| BSS Sonata Microcredit Limited | ₹847.03 Cr (FY 2025) | -14.0% | Bangalore, Karnataka, India | |||
| Sree Gokulam Chit & Finance Co Private Limited | ₹646.35 Cr (FY 2022) | 2.0% | Chennai, Tamil Nadu, India | |||
| Equitas Micro Finance Limited | ₹606.43 Cr (FY 2016) | 38.0% | Chennai, Tamil Nadu, India | |||
| Margadarsi Chit Fund Private Limitedthis company | ₹569.53 Cr (FY 2024) | ₹448.09 Cr | 78.7% | 3.0% | 2,901 | Hyderabad, Telangana, India |
| Cashpor Micro Credit | ₹546.96 Cr (FY 2022) | 28.0% | Varanasi, Uttar Pradesh, India | |||
| Shriram Chits (India) Private Limited | ₹455.5 Cr (FY 2025) | -2.0% | Chennai, Tamil Nadu, India | |||
| New Opportunity Consultancy Private Limited | ₹286.44 Cr (FY 2025) | 3.0% | Navi Mumbai, Maharashtra, India |
To see the full peer comparison of Margadarsi Chit Fund Private Limited, buy the company report.
Auditor
Margadarsi Chit Fund Private Limited is audited by BRAHMAYYA & CO for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BRAHMAYYA & CO | FY 2024 | 000513S |
Shareholding
The shareholding of Margadarsi Chit Fund Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Margadarsi Chit Fund Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Sep 2008 | 10124571 | Axis Bank Limited | ₹500 Cr | Satisfied | |
| 19 Apr 2007 | 10047487 | Axis Bank Limited | ₹100 Cr | Satisfied | |
| 29 Sep 2004 | 80033831 | Union Bank of India | ₹24 Cr | Satisfied |
To see the full charge records of Margadarsi Chit Fund Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Margadarsi Chit Fund Private Limited has 2 deals on record (2 secondary share transfers); the latest was in September 2012.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2012 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2008 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Margadarsi Chit Fund Private Limited has 29,642 court cases on record: 28,282 filed by Margadarsi Chit Fund, 1,362 filed against it. 3,563 cases are pending and 26,079 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 28,227 | 219 | 3,244 |
| High courts | 1,401 | 1,134 | 316 |
| Supreme Court | 14 | 9 | 3 |
Cases on record (5 of 29,642)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (Special Leave Petition (Civil)) | Filed against the company by Kalyani Refineries Limited | Disposed |
| District court, Guntur, Andhra Pradesh | Petition | Filed against the company by an individual | Pending |
| High Court for State of Telangana | Revision petition | Filed against the company by an individual | Pending |
| District court, Hyderabad CCC, Telangana | Civil suit | Filed against the company by an individual | Pending |
| District court, Guntur, Andhra Pradesh | Appeal | Filed against the company by an individual | Pending |
To see the full case history of Margadarsi Chit Fund 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 Margadarsi Chit Fund Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Margadarsi Chit Fund has 4 subsidiary companies. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Ushakiron Media Private Limited | U22100TG2015PTC098651 | |
| Ushodaya Enterprises Private Limited | U40102TG1973PTC001763 | |
| Margadarsi Chits Private Limited | U65991TN1993PTC025267 | |
| Margadarsi Chits (Karnataka) Private Limited | U65992KA2001PTC028802 |
To see the full group structure of Margadarsi Chit Fund Private Limited, buy the company report.
Employees & EPFO
Margadarsi Chit Fund Private Limited has a workforce of 2,901 employees on its EPFO records as of Aug 28, 2025, across 1 active EPFO establishment.
GST
Margadarsi Chit Fund has 6 GST registrations: 4 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AABCM4751G1ZK | Telangana | Active | 01 Jul 2017 |
| 27AABCM4751G1ZJ | Maharashtra | Active | 01 Jul 2017 |
| 33AABCM4751G1ZQ | Tamil Nadu | Active | 01 Jul 2017 |
| 37AABCM4751G3ZG | Andhra Pradesh | Active | 06 Jul 2017 |
To see the full GST registrations and return filing status of Margadarsi Chit Fund Private Limited, buy the company report.
Recent activity
Margadarsi Chit Fund Private Limited has 6 board changes on record since 1995: 3 appointments and 3 cessations. The latest: Kiron Cherukuri was appointed as Additional Director on 03 Dec 2024.
5 earlier events are in the company report.
Frequently asked questions
Margadarsi Chit Fund 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 31 August 1962 (64+ years old) and is registered under CIN U65992TG1962PTC000927.
Margadarsi Chit Fund has 3 current directors:
- Sailaja Cherukuri - Managing Director
- Venkata Swamy Surabathini - Whole-Time Director
- Kiron Cherukuri - Additional Director
The latest financial statements of Margadarsi Chit Fund on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Margadarsi Chit Fund is 36AABCM4751G1ZK, registered in Telangana. The company has 6 GST registrations in all, of which 4 are active and 2 are cancelled or inactive. Other active GSTINs include 27AABCM4751G1ZJ (Maharashtra), 33AABCM4751G1ZQ (Tamil Nadu), 37AABCM4751G3ZG (Andhra Pradesh).
The CIN (Corporate Identification Number) of Margadarsi Chit Fund is U65992TG1962PTC000927. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Margadarsi Chit Fund has 29,642 court cases on record: 28,282 filed by the company and 1,362 filed against it. 3,563 are pending. Most are in the district courts.
Margadarsi Chit Fund was incorporated on 31 August 1962, making it 64+ years old. It is registered with the Registrar of Companies, Hyderabad.
Margadarsi Chit Fund has 2 deals on record (2 secondary share transfers); the latest was in September 2012.
The peers of Margadarsi Chit Fund by revenue are Fusion Finance Limited, Muthoot Microfin Limited, Kerala State Financial Enterprises Ltd, BSS Sonata Microcredit Limited, Sree Gokulam Chit & Finance Co Private Limited and 4 more, all in the BFSI industry (Micro Finance), with the same principal business activity (other financial activities).
Kiron Cherukuri was appointed as Additional Director on 03 Dec 2024. Ramoji Rao ceased to be Director on 20 Mar 2024. Venkata Swamy Surabathini was appointed as Whole-Time Director on 03 Nov 2022. Margadarsi Chit Fund has 6 board changes on record in total.
Margadarsi Chit Fund can be reached through the website margadarsi.com. Its registered office is in Hyderabad, Telangana, India.
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