P.M Salim & Sons Chits Private Limited
About P.M Salim & Sons Chits Private Limited
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P.M Salim & Sons Chits Private Limited is a private limited company based in Perumbavoor, Kerala, India. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 07 September 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U65992KL2015PTC039115.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹8 Lakh. It is led by directors Hazeenamol Shaji and Palathingal Salim Shaji.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at # 6/ 331 Eagle Shopping Complex, Perumbavoor, Kerala, India – 683542.
As per the financials filed for FY 2023, the company reported a revenue of ₹4.8 Lakh, a growth of 16% compared to the previous year. For the same year it recorded a net profit of ₹31,295 (net margin 6.5%) and EBITDA of ₹46,990 (EBITDA margin 9.8%). Revenue has grown at a compounded annual rate (CAGR) of 50% over three years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
P.M Salim & Sons Chits Private Limited's registered office is in Perumbavoor, Kerala. Its e-mail address is in the company report.
- Email
- Registered Address# 6/ 331 Eagle Shopping Complex, Perumbavoor, Kerala, India – 683542
- IndustryFinancial Services, Microfinance Institutions
To see the full contact details of P.M Salim & Sons Chits 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
Business activity
The main business activity of P.M Salim & Sons Chits 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 |
Financials of P.M Salim & Sons Chits Private Limited
FY 2023 filings availableP.M Salim & Sons Chits Private Limited reported revenue of ₹4.8 Lakh (up 16% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 50% over three years, including 16% growth in the latest year. EBITDA fell 25% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | ₹46,990 | ||||
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| Net Profit (PAT) | ₹31,295 | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Profitability | |||||
| EBITDA Margin | 9.8% | ||||
| Net Profit Margin | 6.5% | ||||
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To see the full financial statements and ratios of P.M Salim & Sons Chits Private Limited, buy the company report.
Board of directors of P.M Salim & Sons Chits Private Limited
P.M Salim & Sons Chits has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hazeenamol Shaji Also directs: Power Empire Nidhi Limited | Director | 19 Jan 2018 | 8 Years 9 Months | Current |
| Palathingal Salim Shaji Also directs: Power Empire Nidhi Limited | Director | 07 Sep 2015 | 11 Years 2 Months | Current |
Peer comparison
P.M Salim & Sons Chits Private Limited is compared with the 8 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 |
|---|---|---|---|---|---|---|
| Yadhukulam Nidhi Limited | ₹4.82 Lakh (FY 2025) | -28.0% | Kozhikode, Kerala, India | |||
| Nanban Chits Private Limited | ₹4.81 Lakh (FY 2025) | 60.0% | Chennai, Tamil Nadu, India | |||
| Vahini Chit Fund Pvt.Ltd. | ₹4.81 Lakh (FY 2023) | -48.0% | Telangana, India | |||
| Rajagopuram Chit Fund Private Limited | ₹4.8 Lakh (FY 2024) | 64.0% | Srirangam, Tamil Nadu, India | |||
| P.M Salim & Sons Chits Private Limitedthis company | ₹4.8 Lakh (FY 2023) | ₹31,295 | 6.5% | 16.0% | Perumbavoor, Kerala, India | |
| Sri Andal Chits (Madurai) Private Limited | ₹4.75 Lakh (FY 2025) | -38.0% | Madurai, Tamil Nadu, India | |||
| The Trading and Chit Funds Company Limited | ₹4.72 Lakh (FY 2017) | 21.0% | Ernakulam, Kerala, India | |||
| Chandragiri Chits Private Limited | ₹4.72 Lakh (FY 2017) | -7.0% | Kasaragod, Kerala, India | |||
| Gore & Sons Urban Nidhi Limited | ₹4.71 Lakh (FY 2022) | -19.0% | Tq- Ambajogai, Dist- Beed, Maharashtra, India |
To see the full peer comparison of P.M Salim & Sons Chits Private Limited, buy the company report.
Shareholding
The shareholding of P.M Salim & Sons Chits Private Limited is on record for FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of P.M Salim & Sons Chits Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving P.M Salim & Sons Chits Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for P.M Salim & Sons Chits Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for P.M Salim & Sons Chits Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
P.M Salim & Sons Chits Private Limited has 4 board changes on record since 2015: 2 appointments and 2 cessations. The latest: Hazeenamol Shaji ceased to be Additional Director on 29 Sep 2018.
Frequently asked questions
P.M Salim & Sons Chits is an active private limited company based in Perumbavoor, Kerala, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 07 September 2015 (11+ years old) and is registered under CIN U65992KL2015PTC039115.
P.M Salim & Sons Chits has 2 current directors:
- Hazeenamol Shaji - Director
- Palathingal Salim Shaji - Director
The latest financial statements of P.M Salim & Sons Chits on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2016 are in the company report.
The CIN (Corporate Identification Number) of P.M Salim & Sons Chits is U65992KL2015PTC039115. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
P.M Salim & Sons Chits was incorporated on 07 September 2015, making it 11+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of P.M Salim & Sons Chits by revenue are Yadhukulam Nidhi Limited, Nanban Chits Private Limited, Vahini Chit Fund Pvt.Ltd, Rajagopuram Chit Fund Private Limited, Sri Andal Chits (Madurai) Private Limited and 3 more, all in the BFSI industry (Micro Finance), with the same principal business activity (other financial activities).
Hazeenamol Shaji ceased to be Additional Director on 29 Sep 2018. Hazeenamol Shaji was appointed as Director on 19 Jan 2018. Raifan Abdul Bashik ceased to be Director on 19 Jan 2018. P.M Salim & Sons Chits has 4 board changes on record in total.
The registered office of P.M Salim & Sons Chits is at # 6 331 Eagle Shopping Complex, Perumbavoor, Kerala, India – 683542.
P.M Salim & Sons Chits operates in the financial services industry, in the microfinance institutions segment.
The compliance status of P.M Salim & Sons Chits is compliant as of 14 September 2026. The company is actively filing with the Registrar of Companies.
P.M Salim & Sons Chits can be reached at its registered office: # 6 331 Eagle Shopping Complex, Perumbavoor, Kerala, India – 683542.
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