Sandalwood Chits Private Limited
About Sandalwood Chits Private Limited
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Sandalwood Chits Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the financial intermediation and lending segment of the financial services sector. It was incorporated on 31 August 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U65992KA2015PTC082594.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Aashish Jain and Rahul Mahaveer Chand Choradiya.
Its last annual general meeting (AGM) was held on 01 July 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2026, the company reported a revenue of ₹46.09 Lakh, a growth of 5% compared to the previous year. For the same year it recorded a net profit of ₹1.21 Lakh (net margin 2.6%) and EBITDA of ₹8.65 Lakh (EBITDA margin 18.8%). Revenue has grown at a compounded annual rate (CAGR) of 896% over three years and 56% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Sandalwood Chits Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo. 18/20 Ground Floor 5th Main Road, Ganganagar R.T. Nagar Post, Bangalore, Karnataka, India – 560032
- IndustryFinancial Services, Other Financial Intermediation, Kuri Companies, Chit Fund
To see the full contact details of Sandalwood 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 Sandalwood Chits is financial and insurance activities. In detail, this covers activities auxiliary to financial service and insurance activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance activities | 66 | Activities auxiliary to financial service and insurance activities |
To see the full business activity and turnover split of Sandalwood Chits Private Limited, buy the company report.
Financials of Sandalwood Chits Private Limited
FY 2026 filings availableSandalwood Chits Private Limited reported revenue of ₹46.09 Lakh (up 5% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 56% over five years, including 5% growth in the latest year. EBITDA rose 37% 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹46.09 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹8.65 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.21 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
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| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 18.8% | ||||
| Net Profit Margin | 2.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| 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 Sandalwood Chits Private Limited, buy the company report.
Board of directors of Sandalwood Chits Private Limited
Sandalwood Chits has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Aashish Jain Also directs: Sigma Drugs India Private Limited | Director | 25 Jan 2023 | 3 Years 9 Months | Current |
| Rahul Mahaveer Chand Choradiya | Director | 25 Jan 2023 | 3 Years 9 Months | Current |
Auditor
Sandalwood Chits Private Limited is audited by RAJESH H SETHIA for the financial year 2026.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAJESH H SETHIA | FY 2026 | 207680 |
Shareholding
The shareholding of Sandalwood Chits Private Limited is on record for 5 financial years, the latest being FY 2026, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Sandalwood Chits Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Sandalwood 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 Sandalwood 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 Sandalwood Chits Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Sandalwood Chits Private Limited has 6 board changes on record since 2023: 2 appointments and 4 cessations. The latest: Aashish Mahender Kumar Jain ceased to be Additional Director on 19 Jun 2024.
Frequently asked questions
Sandalwood Chits is an active private limited company based in Bangalore, Karnataka, India. The company works in other financial intermediation, within the financial services industry. It was incorporated on 31 August 2015 (11+ years old) and is registered under CIN U65992KA2015PTC082594.
Sandalwood Chits has 2 current directors:
- Aashish Jain - Director
- Rahul Mahaveer Chand Choradiya - Director
The latest financial statements of Sandalwood Chits on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 01 July 2026. Year-wise statements from FY 2016 are in the company report.
The CIN (Corporate Identification Number) of Sandalwood Chits is U65992KA2015PTC082594. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sandalwood Chits was incorporated on 31 August 2015, making it 11+ years old. It is registered with the Registrar of Companies, Bangalore.
Aashish Mahender Kumar Jain ceased to be Additional Director on 19 Jun 2024. Rahul Choradiya ceased to be Additional Director on 19 Jun 2024. Aashish Jain was appointed as Director on 25 Jan 2023. Sandalwood Chits has 6 board changes on record in total.
The registered office of Sandalwood Chits is at No. 1820 Ground Floor 5th Main Road, Ganganagar R.T. Nagar Post, Bangalore, Karnataka, India – 560032.
Sandalwood Chits operates in the financial services industry, in the other financial intermediation segment.
The compliance status of Sandalwood Chits is compliant as of 01 November 2026. The company is actively filing with the Registrar of Companies.
Sandalwood Chits can be reached at its registered office: No. 1820 Ground Floor 5th Main Road, Ganganagar R.T. Nagar Post, Bangalore, Karnataka, India – 560032.
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