Palathra Chits Private Limited
About Palathra Chits Private Limited
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Palathra Chits Private Limited is a private limited company based in Changanacherry, Kerala, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 17 January 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U65992KL2014PTC035914.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Mathew Scaria (Managing Director) and Neetha Sebastian.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Building No. Xxv/ 912 II Floor Palathra House Veroor P.O., Changanacherry, Kerala, India – 686104.
As per the financials filed for FY 2017, the company reported a revenue of ₹1.5 Lakh, a decline of 17% compared to the previous year. For the same year it recorded a net profit of ₹1.14 Lakh (net margin 75.7%) and EBITDA of ₹1.31 Lakh (EBITDA margin 87.5%).
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressBuilding No. Xxv/ 912 II Floor Palathra House Veroor P.O., Changanacherry, Kerala, India – 686104
- 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
Financials of Palathra Chits Private Limited FY 2019 filings available
Palathra Chits Private Limited reported revenue of ₹1.5 Lakh (down 17% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR) of Palathra Chits Private Limited
Revenue fell 17% in the latest year. EBITDA rose 118% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Palathra Chits Private Limited
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹1.5 Lakh | •••• | •••• |
| Other Income | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• |
| EBITDA | ₹1.31 Lakh | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.14 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 Palathra Chits Private Limited
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 87.5% | •••• | •••• |
| Net Profit Margin | 75.7% | •••• | •••• |
| 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 | •••• | •••• | •••• |
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 Palathra Chits 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.
Auditor Details of Palathra Chits Private Limited
Palathra Chits Private Limited is audited by Joseph & john Charted Accountants for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Joseph & john Charted Accountants | 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 Palathra Chits Private Limited
Palathra Chits has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mathew Scaria | Managing Director | 17 Jan 2014 | 12 Years 8 Months | Current |
| Neetha Sebastian | Director | 17 Jan 2014 | 12 Years 8 Months | Current |
Ownership and Shareholding of Palathra Chits 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 Palathra Chits Private Limited
Palathra Chits Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Palathra Chits Private Limited
Employment history and EPFO contributions of people linked to Palathra Chits.
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 Palathra Chits Private Limited
Palathra Chits Private Limited has 2 board changes on record since 2014: 2 appointments. The latest: Mathew Scaria was appointed as Managing Director on 17 Jan 2014.
Credit Ratings, Litigation & Regulatory Alerts for Palathra Chits 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 Palathra Chits 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 Palathra Chits 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 Palathra Chits 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 Palathra Chits 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 Palathra Chits Private Limited
Palathra Chits is an active private limited company based in Changanacherry, Kerala, India. The company works in financial activities, within the financial services industry. It was incorporated on 17 January 2014 (12+ years old) and is registered under CIN U65992KL2014PTC035914.
Palathra Chits reported revenue of ₹1.5 Lakh for FY 2017 (down 17% YoY).
Palathra Chits has 2 current directors:
- Mathew Scaria - Managing Director
- Neetha Sebastian - Director
Palathra Chits reported a net profit of ₹1.14 Lakh (net margin 75.7%) and EBITDA of ₹1.31 Lakh (EBITDA margin 87.5%) for FY 2017, as per its filed financial statements.
The CIN (Corporate Identification Number) of Palathra Chits is U65992KL2014PTC035914. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Palathra Chits was incorporated on 17 January 2014, making it 12+ years old. It is registered with the Registrar of Companies, Ernakulam.
Mathew Scaria was appointed as Managing Director on 17 Jan 2014. Neetha Sebastian was appointed as Director on 17 Jan 2014.
The registered office of Palathra Chits is at Building No. Xxv 912 II Floor Palathra House Veroor P.O., Changanacherry, Kerala, India – 686104.
Palathra Chits has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.
Palathra Chits operates in the financial services industry, in the financial activities segment.