Saradhi Chit Funds Private Limited
About Saradhi Chit Funds Private Limited
Data last updated:
Saradhi Chit Funds Private Limited is a private limited company based in Warangal, Telangana, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 24 June 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U65923TG2014PTC094603. Its GSTIN is 36AAUCS9839A1ZS (Telangana).
The company has an authorised share capital of ₹90 Lakh and a paid-up capital of ₹60 Lakh. It is led by directors Devender Reddy Mothe and Swarupa Mothe.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at H.No: 6 – 162/1 Main Road Bhupalpally, Warangal, Telangana, India – 506169.
As per the financials filed for FY 2019, the company reported a revenue of ₹1.89 Cr, a growth of 29% compared to the previous year. For the same year it recorded a net loss of ₹6.57 Lakh (net margin -3.5%) and EBITDA of -₹1.68 Lakh (EBITDA margin -0.9%). Revenue has grown at a compounded annual rate (CAGR) of 42% over three years.
The company has about 1 employee on its provident fund (EPFO) records.
Court records list 115 cases involving the company, including 106 filed by the company and 9 filed against it; 52 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Saradhi Chit Funds Private Limited's registered office is in Warangal, Telangana. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressH.No: 6 – 162/1 Main Road Bhupalpally, Warangal, Telangana, India – 506169
- IndustryFinancial Services, Financial Activities
To see the full contact details of Saradhi Chit Funds 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 Saradhi Chit Funds 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 Saradhi Chit Funds Private Limited, buy the company report.
Financials of Saradhi Chit Funds Private Limited
FY 2021 filings availableSaradhi Chit Funds Private Limited reported revenue of ₹1.89 Cr (up 29% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 42% over three years, including 29% growth in the latest year. EBITDA fell 136% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| 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 | -₹1.68 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹6.57 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -0.9% | ||||
| Net Profit Margin | -3.5% | ||||
| 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 Saradhi Chit Funds Private Limited, buy the company report.
Board of directors of Saradhi Chit Funds Private Limited
Saradhi Chit Funds has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Swarupa Mothe Also directs: Saradhi Health Club Private Limited | Additional Director | 08 Jul 2019 | 7 Years 3 Months | Current |
| Devender Reddy Mothe Also directs: Saradhi Health Club Private Limited | Director | 24 Jun 2014 | 12 Years 4 Months | Current |
Peer comparison
Saradhi Chit Funds Private Limited is compared with the 7 companies closest to it by revenue in the BFSI industry (Chit Funds), 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 |
|---|---|---|---|---|---|---|
| Somanath Chit Funds Private Limited | ₹1.97 Cr (FY 2021) | 20.0% | Warangal, Telangana, India | |||
| Mancherial Amartya Chit Funds Private Limited | ₹1.95 Cr (FY 2022) | 33.0% | Mancherial, Telangana, India | |||
| Darshini Chit Funds Private Limited | ₹1.91 Cr (FY 2025) | -12.0% | Hanamkonda, Telangana, India | |||
| Saradhi Chit Funds Private Limitedthis company | ₹1.89 Cr (FY 2019) | -₹6.57 Lakh | -3.5% | 29.0% | 1 | Warangal, Telangana, India |
| Kaametardha Chit Funds Private Limited | ₹1.88 Cr (FY 2025) | 56.0% | Secunderabad, Telangana, India | |||
| Srii Ganapathy Arawind Chit Funds Private Limited | ₹1.83 Cr (FY 2024) | 30.0% | Pollachi, Tamil Nadu, India | |||
| Tuticorin Trading & Credit Corporation Chit Funds Private Limited | ₹1.83 Cr (FY 2025) | 15.0% | Tuticorin, Tamil Nadu, India | |||
| MSR Chit Funds Private Limited | ₹1.77 Cr (FY 2025) | 2.0% | Tamil Nadu, India |
To see the full peer comparison of Saradhi Chit Funds Private Limited, buy the company report.
Auditor
Saradhi Chit Funds Private Limited is audited by NAVEEN HARI & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NAVEEN HARI & ASSOCIATES | FY 2017 | 017099S |
Shareholding
The shareholding of Saradhi Chit Funds Private Limited is on record for FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Saradhi Chit Funds Private Limited, buy the company report.
Legal cases
Saradhi Chit Funds Private Limited has 115 court cases on record: 106 filed by Saradhi Chit Funds, 9 filed against it. 52 cases are pending and 63 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 109 | 3 | 48 |
| High courts | 6 | 6 | 4 |
Cases on record (5 of 115)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court for State of Telangana | Writ petition | Filed against the company | Pending |
| District court, Jayashankar Bhupalapally, Telangana | Execution petition | Filed by the company against an individual | Pending |
| District court, Jayashankar Bhupalapally, Telangana | Execution petition | Filed by the company against an individual | Pending |
| District court, Jayashankar Bhupalapally, Telangana | Execution petition | Filed by the company against an individual | Pending |
| District court, Mancherial, Telangana | Execution petition | Filed by the company against an individual | Pending |
To see the full case history of Saradhi Chit Funds Private 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Saradhi Chit Funds Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Saradhi Chit Funds Private Limited has a workforce of 1 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.
GST
Saradhi Chit Funds has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAUCS9839A1ZS | Telangana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Saradhi Chit Funds Private Limited, buy the company report.
Recent activity
Saradhi Chit Funds Private Limited has 3 board changes on record since 2014: 2 appointments and 1 cessation. The latest: Ramesh Pinumalla ceased to be Director on 08 Jul 2019.
Frequently asked questions
Saradhi Chit Funds is an active private limited company based in Warangal, Telangana, India. The company works in financial activities, within the financial services industry. It was incorporated on 24 June 2014 (12+ years old) and is registered under CIN U65923TG2014PTC094603.
Saradhi Chit Funds has 2 current directors:
- Swarupa Mothe - Additional Director
- Devender Reddy Mothe - Director
The latest financial statements of Saradhi Chit Funds on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
The GSTIN of Saradhi Chit Funds is 36AAUCS9839A1ZS, registered in Telangana.
The CIN (Corporate Identification Number) of Saradhi Chit Funds is U65923TG2014PTC094603. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Saradhi Chit Funds has 115 court cases on record: 106 filed by the company and 9 filed against it. 52 are pending. Most are in the district courts.
Saradhi Chit Funds was incorporated on 24 June 2014, making it 12+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Saradhi Chit Funds by revenue are Somanath Chit Funds Private Limited, Mancherial Amartya Chit Funds Private Limited, Darshini Chit Funds Private Limited, Kaametardha Chit Funds Private Limited, Srii Ganapathy Arawind Chit Funds Private Limited and 2 more, all in the BFSI industry (Chit Funds), with the same principal business activity (other financial activities).
Ramesh Pinumalla ceased to be Director on 08 Jul 2019. Swarupa Mothe was appointed as Additional Director on 08 Jul 2019. Devender Reddy Mothe was appointed as Director on 24 Jun 2014.
The registered office of Saradhi Chit Funds is at H.No: 6 – 1621 Main Road Bhupalpally, Warangal, Telangana, India – 506169.
Saradhi Chit Funds operates in the financial services industry, in the financial activities segment.
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.
