MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-TN-28-0059852
Richline Finance Limited - financial services in Tirupur, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹2.97 Cr
▲ 66% YoY
Net profit · FY 2024
₹23.47 Lakh
Net margin 7.9%
EBITDA · FY 2024
₹1.32 Cr
EBITDA margin 44.7%
Authorised capital
₹5.5 Cr
Registered with MCA
Paid-up capital
₹4.81 Cr
Issued & subscribed
Open charges
₹9.6 Cr
Satisfied ₹2.1 Cr
Company age
35 yrs
Est. 1991
Directors on board
3
As per MCA filings
About Richline Finance Limited
Data last updated:
Richline Finance Limited is a public limited company based in Tirupur, Tamil Nadu, India. It operates in the investment and credit NBFC segment of the financial services sector. It was incorporated on 04 October 1991 and has been in existence for over 35 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U65921TZ1991PLC003458. Its GSTIN is 33AAACR9308M2Z5 (Tamil Nadu). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5.5 Cr and a paid-up capital of ₹4.81 Cr. It was formerly known as Kovai Malligai Finance Private Limited. It is led by directors including Thangamuthu Srinivasan (Managing Director) and Srinivasan Ponbhuvaneswari.
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 244 Ramana Industrial Garden Sirupuluvapatti Ring Road 15 Velampalayam, Tirupur, Tamil Nadu, India – 641652.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.97 Cr, a growth of 66% compared to the previous year. For the same year it recorded a net profit of ₹23.47 Lakh (net margin 7.9%) and EBITDA of ₹1.32 Cr (EBITDA margin 44.7%). Revenue has grown at a compounded annual rate (CAGR) of 66% over three years and 41% over five years.
The company is associated with 1 brand: Richline Finance. As per MCA filings, the company has open charges of ₹9.6 Cr and satisfied charges of ₹2.1 Cr on record. Court records list 9 cases involving the company, including 9 filed against it; 3 cases are pending.
Richline Finance Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-28-0059852). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website richlinefinance.com.
Company details
CIN U65921TZ1991PLC003458
Registration Number 003458
Incorporation Date 04 October 1991
ROC Coimbatore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-TN-28-0059852
Key People
Thangamuthu Srinivasan Managing Director Srinivasan Ponbhuvaneswari Director Murugesem Director Recognitions & Rankings of Richline Finance
Contact details
Richline Finance Limited's registered office is in Tirupur, Tamil Nadu. Its website is richlinefinance.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address244 Ramana Industrial Garden Sirupuluvapatti Ring Road 15 Velampalayam, Tirupur, Tamil Nadu, India – 641652
- IndustryFinancial Services, Investment & Credit NBFC, NBFC
To see the full contact details of Richline Finance Limited, buy the company report.
Comprehensive company report
Richline Finance Limited - 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Richline Finance operates one associated brand: Richline Finance. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provision of loans and financial services in South India. | richlinefinance.com |
Business activity
The main business activity of Richline Finance 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 Richline Finance Limited, buy the company report.
Financials of Richline Finance Limited
FY 2024 filings availableRichline Finance Limited reported revenue of ₹2.97 Cr (up 66% YoY) for FY 2024.
Revenue · FY 2024
₹2.97 Cr ▲ 66%
Net profit · FY 2024
₹23.47 Lakh margin 7.9%
EBITDA · FY 2024
₹1.32 Cr margin 44.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 66%
3 years · compounded
▲ 66%
5 years · compounded
▲ 41%
EBITDA CAGR growth
1 year
▲ 70%
3 years · compounded
▲ 70%
5 years · compounded
▲ 42%
Revenue has grown at a compounded annual rate (CAGR) of 41% over five years, including 66% growth in the latest year. EBITDA rose 70% 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 | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.32 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹23.47 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 44.7% | ||||
| Net Profit Margin | 7.9% | ||||
| 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 Richline Finance Limited, buy the company report.
Board of directors of Richline Finance Limited
Richline Finance has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Thangamuthu Srinivasan Also directs: Richline Bullion Gold Private Limited | Managing Director | 01 Dec 2014 | 11 Years 11 Months | Current |
| Srinivasan Ponbhuvaneswari Also directs: Richline Bullion Gold Private Limited | Director | 01 Dec 2014 | 11 Years 11 Months | Current |
| Murugesem | Director | 01 Dec 2014 | 11 Years 11 Months | Current |
Peer comparison
Richline Finance Limited is compared with the 4 companies closest to it by revenue in the BFSI industry (Finance, NBFC Investment and Credit Companies, Small Non Deposit NBFC), 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 |
|---|---|---|---|---|---|---|
| J S K Holdings Pvt Ltd | ₹2.97 Cr (FY 2025) | 47.0% | Kolkata, West Bengal, India | |||
| Devanayagam Finance Private Limited | ₹2.97 Cr (FY 2024) | -17.0% | Kolkata, West Bengal, India | |||
| Richline Finance Limitedthis company | ₹2.97 Cr (FY 2024) | ₹23.47 Lakh | 7.9% | 66.0% | Tirupur, Tamil Nadu, India | |
| Madhuban Securities & Finance Pvt. Ltd. | ₹2.96 Cr (FY 2025) | 302.0% | Kolkata, West Bengal, India | |||
| Magic Consultants Private Limited | ₹2.95 Cr (FY 2025) | -19.0% | New Delhi, Delhi, India |
To see the full peer comparison of Richline Finance Limited, buy the company report.
Auditor
Richline Finance Limited is audited by R S HARIHARAN & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R S HARIHARAN & ASSOCIATES | FY 2023 | 014696 |
Shareholding
The shareholding of Richline Finance Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Richline Finance Limited, buy the company report.
Charges & borrowings
Open charges
₹9.6 Cr
Satisfied charges
₹2.1 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Nov 2024 | 101004191 | Others | ₹30 Lakh | Open | |
| 11 Jun 2024 | 100938974 | Others | ₹50 Lakh | Open | |
| 14 Mar 2024 | 100902897 | Others | ₹1 Cr | Open | |
| 08 Feb 2024 | 100876937 | Others | ₹50 Lakh | Open | |
| 10 Nov 2023 | 100822709 | Others | ₹50 Lakh | Open |
To see the full charge records of Richline Finance Limited, buy the company report.
Total charge records: 17 View all charges
Legal cases
Richline Finance Limited has 9 court cases on record: 9 filed against it. 3 cases are pending and 6 are disposed.
Total cases
9
Filed against the company
9
Pending
3
Disposed
6
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 6 | 6 | 1 |
| District courts | 3 | 3 | 2 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chennai, Tamil Nadu | Criminal case | Filed against the company by Rar Fincare Limited Represented by Its Authorise Representative | Disposed |
| District court, Namakkal, Tamil Nadu | Court case (IP) | Filed against the company | Pending |
| Madras High Court | Interim or miscellaneous application | Filed against the company | Pending |
| Madras High Court | Court case (CRP PD) | Filed against the company | Disposed |
| Madras High Court | Interim or miscellaneous application | Filed against the company | Disposed |
To see the full case history of Richline Finance 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.
Credit ratings & regulatory alerts
Richline Finance Limited was last rated by Brickwork on 12 Aug 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Brickwork | 12 Aug 2021 |
To see the full credit ratings and regulatory alerts of Richline Finance Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Richline Finance Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Richline Finance has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAACR9308M2Z5 | Tamil Nadu | Active | 12 Aug 2017 |
To see the full GST registrations and return filing status of Richline Finance Limited, buy the company report.
Recent activity
Richline Finance Limited has 7 board changes on record since 2014: 3 appointments and 4 cessations. The latest: Avinashigounder Ramalingam ceased to be Managing Director on 28 Apr 2016.
Charges
A charge registered on 19 Nov 2022 via Charge ID 100649633 with Others was fully satisfied on 15 May 2025.
Charges
A charge registered on 17 Jun 2022 via Charge ID 100590007 with Others was fully satisfied on 15 May 2025.
Charges
A charge with Others amounted to Rs. 0.30 Cr with Charge ID 101004191 was registered on 06 Nov 2024.
AGM
Richline Finance Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 0.50 Cr with Charge ID 100938974 was registered on 11 Jun 2024.
Filing
Richline Finance Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.
Charges
A charge with Others amounted to Rs. 1.00 Cr with Charge ID 100902897 was registered on 14 Mar 2024.
Charges
A charge with Others amounted to Rs. 0.50 Cr with Charge ID 100876937 was registered on 08 Feb 2024.
Charges
A charge with Others amounted to Rs. 0.50 Cr with Charge ID 100822709 was registered on 10 Nov 2023.
Charges
A charge with Others amounted to Rs. 0.30 Cr with Charge ID 100774276 was registered on 28 Aug 2023.
Charges
A charge with Others amounted to Rs. 0.50 Cr with Charge ID 100764433 was registered on 27 Jul 2023.
Charges
A charge with Others amounted to Rs. 0.45 Cr with Charge ID 100760965 was registered on 04 Jul 2023.
21 earlier events are in the company report.
Frequently asked questions
Richline Finance is an active public limited company based in Tirupur, Tamil Nadu, India. The company works in investment and credit nbfc, within the financial services industry. It was incorporated on 04 October 1991 (35+ years old) and is registered under CIN U65921TZ1991PLC003458.
Richline Finance has 3 current directors:
- Thangamuthu Srinivasan - Managing Director
- Srinivasan Ponbhuvaneswari - Director
- Murugesem - Director
The latest financial statements of Richline Finance 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 Richline Finance is 33AAACR9308M2Z5, registered in Tamil Nadu. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Richline Finance is U65921TZ1991PLC003458. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Richline Finance has 9 court cases on record: 9 filed against it. 3 are pending. Most are in the high courts.
Richline Finance was incorporated on 04 October 1991, making it 35+ years old. It is registered with the Registrar of Companies, Coimbatore.
The peers of Richline Finance by revenue are J S K Holdings Pvt Ltd, Devanayagam Finance Private Limited, Madhuban Securities & Finance Pvt. Ltd, Magic Consultants Private Limited, all in the BFSI industry (Finance, NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (other financial activities).
Avinashigounder Ramalingam ceased to be Managing Director on 28 Apr 2016. Thangamuthu Srinivasan ceased to be Director on 27 Apr 2016. Kannampalayam Sathishkumar Arumugham ceased to be Director on 04 Jan 2016. Richline Finance has 7 board changes on record in total.
Yes, Richline Finance is registered as a micro enterprise under Udyam registration (number: UDYAM-TN-28-0059852).
Richline Finance can be reached through the website richlinefinance.com. Its registered office is in Tirupur, Tamil Nadu, India.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
Swiggy Limited Listed company · 92 pages
BharatPe (Resilient Innovations Pvt Ltd) Unlisted company · 78 pages