Palmyrah Micro Finance - financial services in Madurai, Tamil Nadu, India. FY 2026 financials & compliance.
CIN U93000TN2012NPL086868 Incorporated 20 July 2012 ROC Chennai HQ Madurai, Tamil Nadu, India
Active Public Not For Profit Company financial services
Data last updated
Revenue · FY 2025
₹1.26 Cr
▲ 7% YoY
Net profit · FY 2025
₹22.31 Lakh
Net margin 17.7%
EBITDA · FY 2025
₹76.48 Lakh
EBITDA margin 60.8%
Authorised capital
₹3.5 Cr
Registered with MCA
Paid-up capital
₹3.07 Cr
Issued & subscribed
Company age
14 yrs
Est. 2012
Directors on board
188
As per MCA filings
Active GSTINs
1
GST registered

About Palmyrah Micro Finance

Data last updated:

Palmyrah Micro Finance is a public not for profit company based in Madurai, Tamil Nadu, India. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 20 July 2012 and has been in existence for over 14 years.

The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U93000TN2012NPL086868. Its GSTIN is 33AAHCP0657Q1ZZ (Tamil Nadu).

The company has an authorised share capital of ₹3.5 Cr and a paid-up capital of ₹3.07 Cr. It is led by directors including Ramasamy Parthiban (Managing Director) and James Jebaraj.

Its last annual general meeting (AGM) was held on 21 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Madurai, Tamil Nadu.

As per the financials filed for FY 2025, the company reported a revenue of ₹1.26 Cr, a growth of 7% compared to the previous year. For the same year it recorded a net profit of ₹22.31 Lakh (net margin 17.7%) and EBITDA of ₹76.48 Lakh (EBITDA margin 60.8%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 27% over five years.

The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U93000TN2012NPL086868
Registration Number 086868
Incorporation Date 20 July 2012
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 21 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
Key People
Ramasamy Parthiban Managing Director James Jebaraj Director Mayan Janardhanam Director

Contact details

Palmyrah Micro Finance's registered office is in Madurai, Tamil Nadu. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    No 4 Ramachandrapuram 1st Street, Mahalipatti, Madurai, Tamil Nadu, India – 625001
  • Industry
    Financial Services, Microfinance Institutions

To see the full contact details of Palmyrah Micro Finance, buy the company report.

Comprehensive company report
Palmyrah Micro Finance - 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 Palmyrah Micro Finance 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 Palmyrah Micro Finance, buy the company report.

Financials of Palmyrah Micro Finance

FY 2025 filings available

Palmyrah Micro Finance reported revenue of ₹1.26 Cr (up 7% YoY) for FY 2025.

Revenue · FY 2025
₹1.26 Cr ▲ 7%
Net profit · FY 2025
₹22.31 Lakh margin 17.7%
EBITDA · FY 2025
₹76.48 Lakh margin 60.8%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 7%
3 years · compounded
▲ 6%
5 years · compounded
▲ 27%
EBITDA CAGR growth
1 year
▲ 16%
3 years · compounded
▲ 19%
5 years · compounded
▲ 57%

Revenue has grown at a compounded annual rate (CAGR) of 27% over five years, including 7% growth in the latest year. EBITDA rose 16% 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₹76.48 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹22.31 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 Margin60.8%
Net Profit Margin17.7%
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 Palmyrah Micro Finance, buy the company report.

Board of directors of Palmyrah Micro Finance

Palmyrah Micro Finance has 188 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
James JebarajDirector28 Aug 20197 Years 1 MonthsCurrent
Mayan JanardhanamDirector28 Aug 20197 Years 1 MonthsCurrent
ManojDirector03 Nov 20205 Years 11 MonthsCurrent
Murugesapandian SureshDirector03 Nov 20205 Years 11 MonthsCurrent
Druaisamy Nadar Arunjunai RajanDirector15 Jun 20197 Years 4 MonthsCurrent
DuraipandiDirector15 Jun 20197 Years 4 MonthsCurrent
Showing 6 of 188 current directors. View all directors

Peer comparison

Palmyrah Micro Finance is compared with the 5 companies closest to it by revenue in the BFSI industry (Finance, Micro Finance), with the same principal business activity (other financial activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Aparampaar Finance Private Limited₹1.27 Cr (FY 2025)27.0%Bangalore, Karnataka, India
Saigeetham Chit Funds Private Limited₹1.27 Cr (FY 2021)-11.0%Warangal, Telangana, India
Vista Finance and Leasing Private Limited₹1.26 Cr (FY 2024)18.0%Mumbai, Maharashtra, India
Palmyrah Micro Financethis company₹1.26 Cr (FY 2025)₹22.31 Lakh17.7%7.0%Madurai, Tamil Nadu, India
The Dharmmodyam Company₹1.25 Cr (FY 2025)6.0%Thrissur, Kerala, India
Sree Alagulakshmi Finance Private Limited₹1.25 Cr (FY 2025)4.0%Thillai Nagar, Tamil Nadu, India

To see the full peer comparison of Palmyrah Micro Finance, buy the company report.

Auditor

Palmyrah Micro Finance is audited by THAVAMANI & ASSOCIATES for the financial year 2023.

Auditor firmFinancial yearFirm registration number
THAVAMANI & ASSOCIATESFY 2023011002S

Shareholding

The shareholding of Palmyrah Micro Finance is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Palmyrah Micro Finance, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Palmyrah Micro Finance; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Palmyrah Micro Finance has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
33AAHCP0657Q1ZZTamil NaduActive01 Oct 2020

To see the full GST registrations and return filing status of Palmyrah Micro Finance, buy the company report.

Recent activity

Palmyrah Micro Finance has 216 board changes on record since 2012: 202 appointments and 14 cessations. The latest: Guruswamy Vetrivel ceased to be Director on 07 May 2025.

AGM
Palmyrah Micro Finance last Annual general meeting of members was held on 21 Sep 2025 as per latest MCA records.
Ceased
Guruswamy Vetrivel ceased to be Director.
Ceased
Jeyabal Arasananth ceased to be Director.
Ceased
Maheswaran ceased to be Director.
Ceased
Parthiban Malathy ceased to be Director.
Ceased
Paulpandi ceased to be Director.
Ceased
Rajasekaran Chinnakalai Nadar ceased to be Director.
Ceased
Ramasamy Chandrasekar ceased to be Director.
Ceased
Ramaswami Poongkuzhali ceased to be Director.
Ceased
Velayutham Ravichandran ceased to be Director.
Filing
Palmyrah Micro Finance has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chennai.
Appointed
Thangaraj Ravikumar was appointed as Director.

207 earlier events are in the company report.

Frequently asked questions

Palmyrah Micro Finance is an active public not for profit company based in Madurai, Tamil Nadu, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 20 July 2012 (14+ years old) and is registered under CIN U93000TN2012NPL086868.

Palmyrah Micro Finance has 188 current directors:

The latest financial statements of Palmyrah Micro Finance on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 21 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Palmyrah Micro Finance is 33AAHCP0657Q1ZZ, registered in Tamil Nadu.

The CIN (Corporate Identification Number) of Palmyrah Micro Finance is U93000TN2012NPL086868. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Palmyrah Micro Finance was incorporated on 20 July 2012, making it 14+ years old. It is registered with the Registrar of Companies, Chennai.

The peers of Palmyrah Micro Finance by revenue are Aparampaar Finance Private Limited, Saigeetham Chit Funds Private Limited, Vista Finance and Leasing Private Limited, The Dharmmodyam Company, Sree Alagulakshmi Finance Private Limited, all in the BFSI industry (Finance, Micro Finance), with the same principal business activity (other financial activities).

Guruswamy Vetrivel ceased to be Director on 07 May 2025. Jeyabal Arasananth ceased to be Director on 07 May 2025. Maheswaran ceased to be Director on 07 May 2025. Palmyrah Micro Finance has 216 board changes on record in total.

The registered office of Palmyrah Micro Finance is at No 4 Ramachandrapuram 1st Street, Mahalipatti, Madurai, Tamil Nadu, India – 625001.

Palmyrah Micro Finance operates in the financial services industry, in the microfinance institutions segment.

The compliance status of Palmyrah Micro Finance is compliant as of 03 July 2026. The company is actively filing with the Registrar of Companies.