About Muthoot Pappachan Chits (India) Private Limited
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Muthoot Pappachan Chits (India) Private Limited is a private limited company based in Thiruvananthapuram, Kerala, India. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 26 September 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U65992KL2012PTC032248. Its GSTIN is 32AAICM2078B1ZV (Kerala). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.92 Cr. It is led by directors including Remmy Thomas and Preethi John Muthoot.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Muthoot Centre Tc No 14/2074 – 7 Punnen Road, Thiruvananthapuram, Kerala, India – 695039.
As per the financials filed for FY 2025, the company reported a revenue of ₹31.91 Cr, a growth of 36% compared to the previous year. For the same year it recorded a net profit of ₹5.57 Cr (net margin 17.5%) and EBITDA of ₹10.24 Cr (EBITDA margin 32.1%). Revenue has grown at a compounded annual rate (CAGR) of 35% over three years and 42% over five years.
The company has about 200 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Muthoot Chits. As per MCA filings, the company has satisfied charges of ₹40 Lakh on record. Court records list 225 cases involving the company, including 220 filed by the company and 2 filed against it; 142 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website muthootchits.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Apps
- Registered AddressMuthoot Centre Tc No 14/2074 – 7 Punnen Road, Thiruvananthapuram, Kerala, India – 695039
- 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
Associated Brands with Muthoot Pappachan Chits (India) Private Limited
Muthoot Pappachan Chits (India) operates one associated brand: Muthoot Chits. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides comprehensive loan solutions for consumers and small to medium enterprises (SMEs). | muthootchits.com |
Business Activity of Muthoot Pappachan Chits (India) Private Limited
The main business activity of Muthoot Pappachan Chits (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 Muthoot Pappachan Chits (India) Private Limited FY 2025 filings available
Muthoot Pappachan Chits (India) Private Limited reported revenue of ₹31.91 Cr (up 36% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Muthoot Pappachan Chits (India) Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 42% over five years, including 36% growth in the latest year. EBITDA rose 83% 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 Muthoot Pappachan Chits (India) 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 | ₹10.24 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹5.57 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 of Muthoot Pappachan Chits (India) Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 32.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 17.5% | •••• | •••• | •••• | •••• |
| 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 Muthoot Pappachan Chits (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.
Board of Directors of Muthoot Pappachan Chits (India) Private Limited
Muthoot Pappachan Chits (India) has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Remmy Thomas | Director | 26 Sep 2012 | 14 Years 0 Months | Current |
| Preethi John Muthoot | Director | 26 Sep 2012 | 14 Years 0 Months | Current |
| Nina George Also directs: Muthoot Motors Pvt Ltd, Muthoot Exim Private Limited, Goblin Agri Projects and Hospitalities Private Limited and 5 more | Director | 26 Sep 2012 | 14 Years 0 Months | Current |
Peer Comparison of Muthoot Pappachan Chits (India) Private Limited
Muthoot Pappachan Chits (India) Private Limited is compared with the companies closest to it by revenue in the BFSI industry (Micro Finance). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Al-Najib Milli Mutual Benefits Nidhi Limited | ₹33.86 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Najibabad, Uttar Pradesh, India |
| Save Financial Managements Private Limited | ₹33.76 Cr (FY 2025) | •••• | •••• | -42.0% | •••• | Bangalore, Karnataka, India |
| Raghav Heights Private Limited | ₹32.91 Cr (FY 2025) | •••• | •••• | 139957.0% | •••• | Delhi, India |
| DJT Microfinance Private Limited | ₹32.79 Cr (FY 2025) | •••• | •••• | 5015.0% | •••• | New Delhi, Delhi, India |
| Sant Rohidas Leather Industries and Char Makar Development Corporation Limited | ₹32.08 Cr (FY 2019) | •••• | •••• | 3.0% | •••• | Mumbai, Maharashtra, India |
| Muthoot Pappachan Chits (India) Private Limited this company | ₹31.91 Cr (FY 2025) | •••• | •••• | 36.0% | •••• | Thiruvananthapuram, Kerala, India |
| Samvrudhi Multitrade Private Limited | ₹30.42 Cr (FY 2025) | •••• | •••• | 290.0% | •••• | Mumbai, Maharashtra, India |
| Maxvalue Nidhi Limited | ₹29.24 Cr (FY 2023) | •••• | •••• | 19.0% | •••• | Thrissur, Kerala, India |
| Srifin Credit Private Limited | ₹28.1 Cr (FY 2025) | •••• | •••• | 920.0% | •••• | Hyderabad, Telangana, India |
| Neeladri Chit Fund Pvt Ltd. | ₹27.47 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | Hyderabad, Telangana, India |
| Xavier Nidhi Limited | ₹27.13 Cr (FY 2024) | •••• | •••• | 5.0% | •••• | Nager Coil, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Muthoot Pappachan Chits (India) by revenue in the BFSI industry (Micro Finance), 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 Muthoot Pappachan Chits (India) Private Limited
Muthoot Pappachan Chits (India) Private Limited is audited by Varma and Varma for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Varma and Varma | 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.
Ownership and Shareholding of Muthoot Pappachan Chits (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 Muthoot Pappachan Chits (India) Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 Mar 2021 | Axis Bank Limited | ₹40 Lakh | Satisfied |
Total charge records: 1 View all charges
Legal Cases of Muthoot Pappachan Chits (India) Private Limited
Muthoot Pappachan Chits (India) Private Limited has 225 court cases on record: 220 filed by Muthoot Pappachan Chits (India), 2 filed against it, 3 where it is another party. 142 cases are pending and 83 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 219 | 1 | 138 |
| High courts | 6 | 1 | 4 |
Cases on record (5 of 225)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Writ petition | Filed against the company by an individual | Pending |
| District court, Chennai, Tamil Nadu | Execution petition | Filed by the company against an individual | Pending |
| District court, Chennai, Tamil Nadu | Execution petition | Filed by the company against an individual | Pending |
| District court, Chennai, Tamil Nadu | Execution petition | Filed by the company against an individual | Pending |
| District court, Chennai, Tamil Nadu | Execution petition | Filed by the company against an individual | Pending |
Full case history
All 225 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Muthoot Pappachan Chits (India) Private Limited
Muthoot Pappachan Chits (India) Private Limited has a workforce of 200 employees as of Apr 09, 2024.
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 Muthoot Pappachan Chits (India) Private Limited
Muthoot Pappachan Chits (India) Private Limited has 3 board changes on record since 2012: 3 appointments. The latest: Nina George was appointed as Director on 26 Sep 2012.
Credit Ratings, Litigation & Regulatory Alerts for Muthoot Pappachan Chits (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 Muthoot Pappachan Chits (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
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Subsidiaries & Group Companies of Muthoot Pappachan Chits (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
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GST Compliance of Muthoot Pappachan Chits (India) Private Limited
Muthoot Pappachan Chits (India) has 3 GST registrations: 3 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AAICM2078B1ZV | Kerala | Active | 01 Jul 2017 |
| 29AAICM2078B1ZI | Karnataka | Active | 18 Dec 2017 |
| 33AAICM2078B1ZT | Tamil Nadu | Active | 25 Sep 2018 |
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 Muthoot Pappachan Chits (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
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Related news about Muthoot Pappachan Chits (India) Private Limited
Frequently Asked Questions about Muthoot Pappachan Chits (India) Private Limited
Muthoot Pappachan Chits (India) is an active private limited company based in Thiruvananthapuram, Kerala, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 26 September 2012 (14+ years old) and is registered under CIN U65992KL2012PTC032248.
Muthoot Pappachan Chits (India) reported revenue of ₹31.91 Cr for FY 2025 (up 36% YoY).
Muthoot Pappachan Chits (India) has 3 current directors:
- Remmy Thomas - Director
- Preethi John Muthoot - Director
- Nina George - Director
Muthoot Pappachan Chits (India) reported a net profit of ₹5.57 Cr (net margin 17.5%) and EBITDA of ₹10.24 Cr (EBITDA margin 32.1%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Muthoot Pappachan Chits (India) is 35% over three years and 42% over five years. In the latest year (FY 2025) revenue rose 36%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Muthoot Pappachan Chits (India) is 32AAICM2078B1ZV, registered in Kerala. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 29AAICM2078B1ZI (Karnataka), 33AAICM2078B1ZT (Tamil Nadu).
The CIN (Corporate Identification Number) of Muthoot Pappachan Chits (India) is U65992KL2012PTC032248. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Muthoot Pappachan Chits (India) has 225 court cases on record: 220 filed by the company and 2 filed against it. 142 are pending. Most are in the district courts.
Muthoot Pappachan Chits (India) was incorporated on 26 September 2012, making it 14+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Muthoot Pappachan Chits (India) by revenue are Al-Najib Milli Mutual Benefits Nidhi Limited, Save Financial Managements Private Limited, Raghav Heights Private Limited, DJT Microfinance Private Limited, Sant Rohidas Leather Industries and Char Makar Development Corporation Limited and 5 more, all in the BFSI industry (Micro Finance).
Nina George was appointed as Director on 26 Sep 2012. Preethi John Muthoot was appointed as Director on 26 Sep 2012. Remmy Thomas was appointed as Director on 26 Sep 2012.