Sai Saarya Chits Private Limited

Sai Saarya Chits Private Limited - financial services in Hospet, Karnataka, India. FY 2026 financials & compliance.
CIN U65999KA2019PTC120550 Incorporated 18 January 2019 ROC Bangalore HQ Hospet, Karnataka, India
Active Private Limited Company financial services
Data last updated
Revenue · FY 2024
₹93,000
▼ 73% YoY
Net loss · FY 2024
₹8,000
Net margin -8.6%
EBITDA · FY 2024
-₹8,000
EBITDA margin -8.6%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
7 yrs
Est. 2019
Directors on board
2
As per MCA filings
Last financials
Mar 2024
Balance sheet date

About Sai Saarya Chits Private Limited

Data last updated:

Sai Saarya Chits Private Limited is a private limited company based in Hospet, Karnataka, India. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 18 January 2019 and has been in existence for over 7 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U65999KA2019PTC120550.

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Saisumanth Pindikura (Managing Director) and Chilmattur Sandya.

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 Asraya H No 4/482 Old 4/312B New Opp Dr Sekar Hospital Patel Nagar, Hospet, Karnataka, India – 583201.

As per the financials filed for FY 2024, the company reported a revenue of ₹93,000, a decline of 73% compared to the previous year. For the same year it recorded a net loss of ₹8,000 (net margin -8.6%) and EBITDA of -₹8,000 (EBITDA margin -8.6%). Revenue has grown at a compounded annual rate (CAGR) of 142% over three years.

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

Company details

CIN U65999KA2019PTC120550
Registration Number 120550
Incorporation Date 18 January 2019
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant

Contact details

Sai Saarya Chits Private Limited's registered office is in Hospet, Karnataka. Its e-mail address is in the company report.

  • Email
  • Registered Address
    Asraya H No 4/482 Old 4/312B New Opp Dr Sekar Hospital Patel Nagar, Hospet, Karnataka, India – 583201
  • Industry
    Financial Services, Microfinance Institutions

To see the full contact details of Sai Saarya Chits Private Limited, buy the company report.

Comprehensive company report
Sai Saarya Chits Private 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
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Business activity

The main business activity of Sai Saarya Chits 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 Sai Saarya Chits Private Limited, buy the company report.

Financials of Sai Saarya Chits Private Limited

FY 2024 filings available

Sai Saarya Chits Private Limited reported revenue of ₹93,000 (down 73% YoY) for FY 2024.

Revenue · FY 2024
₹93,000 ▼ 73%
Net loss · FY 2024
₹8,000 margin -8.6%
EBITDA · FY 2024
-₹8,000 margin -8.6%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 73%
3 years · compounded
▲ 142%
EBITDA CAGR growth
1 year
▼ 100%
3 years · compounded
▲ 51%

Revenue fell 73% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 142%. EBITDA fell 100% 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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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-₹8,000
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹8,000
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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin-8.6%
Net Profit Margin-8.6%
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 Sai Saarya Chits Private Limited, buy the company report.

Board of directors of Sai Saarya Chits Private Limited

Sai Saarya Chits has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Saisumanth PindikuraManaging Director18 Jan 20197 Years 9 MonthsCurrent
Chilmattur SandyaDirector18 Jan 20197 Years 9 MonthsCurrent

Peer comparison

Sai Saarya Chits Private Limited is compared with the 6 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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Sathi Bhagya Nirmata Micro Finance Private Limited₹95,417 (FY 2025)13.0%Kolkata, West Bengal, India
Wizard Chits Private Limited₹95,213 (FY 2025)253.0%Manapparai, Tamil Nadu, India
Jagruti Nidhi Limited₹93,176 (FY 2020)Ahmedabad, Gujarat, India
Sai Saarya Chits Private Limitedthis company₹93,000 (FY 2024)-₹8,000-8.6%-73.0%Hospet, Karnataka, India
Coin Investment and Chitty Private Limited₹91,500 (FY 2015)-63.0%Ernakulam, Kerala, India
SBS Adharsh Chits Private Limited₹91,065 (FY 2022)-72.0%Hyderabad, Telangana, India
Omjpn Micro Finance₹90,313 (FY 2025)0.0%Mirzapur, Uttar Pradesh, India

To see the full peer comparison of Sai Saarya Chits Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Sai Saarya 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 Sai Saarya Chits Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Sai Saarya Chits Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Chilmattur Sandya was appointed as Director on 18 Jan 2019.

AGM
Sai Saarya Chits Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Sai Saarya Chits Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Appointed
Chilmattur Sandya was appointed as Director.
Appointed
Saisumanth Pindikura was appointed as Managing Director.
Incorporation
18 Jan 2019
Sai Saarya Chits Private Limited was registered on 18 Jan 2019 with Roc Bangalore & aged 7 years 9 months as per MCA records.

Frequently asked questions

Sai Saarya Chits is an active private limited company based in Hospet, Karnataka, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 18 January 2019 (7+ years old) and is registered under CIN U65999KA2019PTC120550.

Sai Saarya Chits has 2 current directors:

The latest financial statements of Sai Saarya Chits 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 FY 2019 are in the company report.

The CIN (Corporate Identification Number) of Sai Saarya Chits is U65999KA2019PTC120550. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Sai Saarya Chits was incorporated on 18 January 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.

The peers of Sai Saarya Chits by revenue are Sathi Bhagya Nirmata Micro Finance Private Limited, Wizard Chits Private Limited, Jagruti Nidhi Limited, Coin Investment and Chitty Private Limited, SBS Adharsh Chits Private Limited and 1 more, all in the BFSI industry (Micro Finance), with the same principal business activity (other financial activities).

Chilmattur Sandya was appointed as Director on 18 Jan 2019. Saisumanth Pindikura was appointed as Managing Director on 18 Jan 2019.

The registered office of Sai Saarya Chits is at Asraya H No 4482 Old 4312B New Opp Dr Sekar Hospital Patel Nagar, Hospet, Karnataka, India – 583201.

Sai Saarya Chits operates in the financial services industry, in the microfinance institutions segment.

The compliance status of Sai Saarya Chits is compliant as of 03 July 2026. The company is actively filing with the Registrar of Companies.

Sai Saarya Chits can be reached at its registered office: Asraya H No 4482 Old 4312B New Opp Dr Sekar Hospital Patel Nagar, Hospet, Karnataka, India – 583201.