Shriramraghavendra Chits Private Ltd

Shriramraghavendra Chits Private Ltd - financial services in Secunderabad, Telangana, India. FY 2026 financials & compliance.
CIN U65992TG2005PTC048524 Incorporated 21 December 2005 ROC Hyderabad HQ Secunderabad, Telangana, India
Active Private Limited Company financial services MSME · Small
Data last updated
Revenue · FY 2024
₹46.94 Cr
▲ 4% YoY
Net profit · FY 2024
₹4.31 Cr
Net margin 9.2%
EBITDA · FY 2024
₹6.79 Cr
EBITDA margin 14.5%
Authorised capital
₹9 Cr
Registered with MCA
Paid-up capital
₹9 Cr
Issued & subscribed
Open charges
₹2.45 Cr
Satisfied ₹2.45 Cr
Company age
21 yrs
Est. 2005
Employees · EPFO
163
Provident fund records

About Shriramraghavendra Chits Private Ltd

Data last updated:

Shriramraghavendra Chits Private Ltd is a private limited company based in Secunderabad, Telangana, India. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 21 December 2005 and has been in existence for over 21 years.

The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U65992TG2005PTC048524. Its GSTIN is 36AAJCS6922K2ZV (Telangana). The company holds 4 GST registrations, of which 2 are active.

The company has an authorised share capital of ₹9 Cr and a paid-up capital of ₹9 Cr. It is led by directors Obulampalli Prabhakar Reddy and Krishnaveni Epedda.

Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at H.No.9 – 1 – 127/4 & 9 – 1 – 127/4/1 Sarojini Devi Road, Secunderabad, Telangana, India – 500003.

As per the financials filed for FY 2024, the company reported a revenue of ₹46.94 Cr, a growth of 4% compared to the previous year. For the same year it recorded a net profit of ₹4.31 Cr (net margin 9.2%) and EBITDA of ₹6.79 Cr (EBITDA margin 14.5%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 8% over five years.

The company has about 163 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Shriram Raghavendra Chits. As per MCA filings, the company has open charges of ₹2.45 Cr and satisfied charges of ₹2.45 Cr on record. Court records list 2,138 cases involving the company, including 2,052 filed by the company and 86 filed against it; 506 cases are pending.

Shriramraghavendra Chits Private Ltd is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-AP-07-0010508). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shriramraghavendrachits.com.

Company details

CIN U65992TG2005PTC048524
Registration Number 048524
Incorporation Date 21 December 2005
ROC Hyderabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-AP-07-0010508

CIN history

Shriramraghavendra Chits has one previous CIN (Corporate Identification Number): U65992AP2005PTC048524. The current CIN is U65992TG2005PTC048524, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U65992TG2005PTC048524Current
U65992AP2005PTC048524Previous

Recognitions & Rankings of Shriramraghavendra Chits

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-AP-07-0010508

Contact details

Shriramraghavendra Chits Private Ltd's registered office is in Secunderabad, Telangana. Its website is shriramraghavendrachits.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    H.No.9 – 1 – 127/4 & 9 – 1 – 127/4/1 Sarojini Devi Road, Secunderabad, Telangana, India – 500003
  • Industry
    Financial Services, Microfinance Institutions

To see the full contact details of Shriramraghavendra Chits Private Ltd, buy the company report.

Comprehensive company report
Shriramraghavendra Chits Private Ltd - 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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Brands

Shriramraghavendra Chits operates one associated brand: Shriram Raghavendra Chits. Each brand links to its own profile.

BrandDescriptionWebsite
Chit fund operations for savings and borrowing in Andhra Pradesh and Telangana.shriramraghavendrachits.com

Business activity

The main business activity of Shriramraghavendra 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 Shriramraghavendra Chits Private Ltd, buy the company report.

Financials of Shriramraghavendra Chits Private Ltd

FY 2024 filings available

Shriramraghavendra Chits Private Ltd reported revenue of ₹46.94 Cr (up 4% YoY) for FY 2024.

Revenue · FY 2024
₹46.94 Cr ▲ 4%
Net profit · FY 2024
₹4.31 Cr margin 9.2%
EBITDA · FY 2024
₹6.79 Cr margin 14.5%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 4%
3 years · compounded
▲ 12%
5 years · compounded
▲ 8%
EBITDA CAGR growth
3 years · compounded
▲ 8%
5 years · compounded
▲ 6%

Revenue has grown at a compounded annual rate (CAGR) of 8% over five years, including 4% growth 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₹6.79 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹4.31 Cr
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 Margin14.5%
Net Profit Margin9.2%
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 Shriramraghavendra Chits Private Ltd, buy the company report.

Board of directors of Shriramraghavendra Chits Private Ltd

Shriramraghavendra Chits has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Obulampalli Prabhakar ReddyDirector21 Dec 200520 Years 10 MonthsCurrent
Krishnaveni EpeddaDirector21 Dec 200520 Years 10 MonthsCurrent

Peer comparison

Shriramraghavendra Chits Private Ltd is compared with the 10 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
Shri Narayani Nidhi Limited₹59.79 Cr (FY 2024)36.0%Thiruvarur, Tamil Nadu, India
Kapil Chits (Kakatiya) Private Limited₹57.89 Cr (FY 2024)3.0%Hanamkonda, Telangana, India
Arth Micro Finance Private Limited₹51.02 Cr (FY 2024)2.0%Jaipur, Rajasthan, India
Shriram Chits (Maharashtra) Limited₹50.23 Cr (FY 2020)-1.0%Mumbai, Maharashtra, India
National Scheduled Tribes Finance and Development Corporation Co U S 25₹48.46 Cr (FY 2024)9.0%New Delhi, Delhi, India
Shriramraghavendra Chits Private Ltdthis company₹46.94 Cr (FY 2024)₹4.31 Cr9.2%4.0%163Secunderabad, Telangana, India
Port City Nidhi Limited₹45.17 Cr (FY 2025)12.0%Tuticorin, Tamil Nadu, India
Bhartiya Micro Credit₹45.05 Cr (FY 2018)45.0%Lucknow, Uttar Pradesh, India
Kodachadri Chits Private Limited₹39.12 Cr (FY 2024)75.0%Bangalore, Karnataka, India
Geo Bros Muthoot Nidhi Limited₹36.41 Cr (FY 2025)102.0%Kollam, Kerala, India
Akshara Chit Funds Private Limited₹35.33 Cr (FY 2022)26.0%Hanamkonda, Telangana, India

To see the full peer comparison of Shriramraghavendra Chits Private Ltd, buy the company report.

Auditor

Shriramraghavendra Chits Private Ltd is audited by A M REDDY & D R REDDY for the financial year 2022.

Auditor firmFinancial yearFirm registration number
A M REDDY & D R REDDYFY 2022009068S

Shareholding

The shareholding of Shriramraghavendra Chits Private Ltd is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, public shareholders and others.

Shareholder categoryFY 2021FY 2020FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Public
Others

To see the full shareholding pattern of Shriramraghavendra Chits Private Ltd, buy the company report.

Charges & borrowings

Open charges
₹2.45 Cr
Satisfied charges
₹2.45 Cr
Breakdown by lending institutions
City Union Bank Limited₹2.45 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
30 Dec 2021100526701City Union Bank Limited₹2.45 CrOpen
24 Mar 2021100449912City Union Bank Limited₹45 LakhSatisfied
17 Mar 201510568183Tamilnad Mercantile Bank Limited₹70 LakhSatisfied
31 Dec 201310474359Tamilnad Mercantile Bank Limited₹70 LakhSatisfied
25 Jun 201210366052Tamilnad Mercantile Bank Limited₹40 LakhSatisfied

To see the full charge records of Shriramraghavendra Chits Private Ltd, buy the company report.

Total charge records: 6 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Shriramraghavendra Chits Private Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Shriramraghavendra Chits Private Ltd has a workforce of 163 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.

Employee count
163
Active EPFO establishments
1
Employee growth
-12.37%

GST

Shriramraghavendra Chits has 4 GST registrations: 2 active and 2 cancelled or inactive.

Total GSTINs
4
Active
2
Cancelled / inactive
2
GSTINStateStatusRegistered on
36AAJCS6922K2ZVTelanganaActive31 Aug 2017
37AAJCS6922K2ZTAndhra PradeshActive01 Sep 2017

To see the full GST registrations and return filing status of Shriramraghavendra Chits Private Ltd, buy the company report.

Recent activity

Shriramraghavendra Chits Private Ltd has 3 board changes on record since 2005: 2 appointments and 1 cessation. The latest: Rama Bhupal Reddy Obulampalli ceased to be Director on 21 Sep 2007.

AGM
Shriramraghavendra Chits Private Ltd last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Shriramraghavendra Chits Private Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.
Charges
A charge with City Union Bank Limited of Rs. 2.45 Cr registered on 30 Dec 2021 with Charge ID 100526701 was modified on 07 Dec 2023.
Charges
A charge with City Union Bank Limited amounted to Rs. 2.45 Cr with Charge ID 100526701 was registered on 30 Dec 2021.
Charges
A charge registered on 24 Mar 2021 via Charge ID 100449912 with City Union Bank Limited was fully satisfied on 29 Jul 2021.
Charges
A charge registered on 31 Dec 2013 via Charge ID 10474359 with Tamilnad Mercantile Bank Limited was fully satisfied on 29 Jul 2021.
Charges
A charge registered on 25 Jun 2012 via Charge ID 10366052 with Tamilnad Mercantile Bank Limited was fully satisfied on 29 Jul 2021.
Charges
A charge registered on 14 Oct 2010 via Charge ID 10250021 with Tamilnad Mercantile Bank Ltd was fully satisfied on 29 Jul 2021.
Charges
A charge registered on 17 Mar 2015 via Charge ID 10568183 with Tamilnad Mercantile Bank Limited was fully satisfied on 28 Jul 2021.
Charges
A charge with City Union Bank Limited amounted to Rs. 0.45 Cr with Charge ID 100449912 was registered on 24 Mar 2021.
Charges
A charge with Tamilnad Mercantile Bank Limited amounted to Rs. 0.70 Cr with Charge ID 10568183 was registered on 17 Mar 2015.
Charges
A charge with Tamilnad Mercantile Bank Limited amounted to Rs. 0.70 Cr with Charge ID 10474359 was registered on 31 Dec 2013.

6 earlier events are in the company report.

Frequently asked questions

Shriramraghavendra Chits is an active private limited company based in Secunderabad, Telangana, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 21 December 2005 (21+ years old) and is registered under CIN U65992TG2005PTC048524.

Shriramraghavendra Chits has 2 current directors:

The latest financial statements of Shriramraghavendra Chits on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Shriramraghavendra Chits is 36AAJCS6922K2ZV, registered in Telangana. The company has 4 GST registrations in all, of which 2 are active and 2 are cancelled or inactive. Other active GSTINs include 37AAJCS6922K2ZT (Andhra Pradesh).

The CIN (Corporate Identification Number) of Shriramraghavendra Chits is U65992TG2005PTC048524. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Shriramraghavendra Chits has 2,138 court cases on record: 2,052 filed by the company and 86 filed against it. 506 are pending. Most are in the district courts.

Shriramraghavendra Chits was incorporated on 21 December 2005, making it 21+ years old. It is registered with the Registrar of Companies, Hyderabad.

The peers of Shriramraghavendra Chits by revenue are Shri Narayani Nidhi Limited, Kapil Chits (Kakatiya) Private Limited, Arth Micro Finance Private Limited, Shriram Chits (Maharashtra) Limited, National Scheduled Tribes Finance and Development Corporation Co U S 25 and 5 more, all in the BFSI industry (Micro Finance), with the same principal business activity (other financial activities).

Rama Bhupal Reddy Obulampalli ceased to be Director on 21 Sep 2007. Krishnaveni Epedda was appointed as Director on 21 Dec 2005. Obulampalli Prabhakar Reddy was appointed as Director on 21 Dec 2005.

Yes, Shriramraghavendra Chits is registered as a small enterprise under Udyam registration (number: UDYAM-AP-07-0010508).

Shriramraghavendra Chits can be reached through the website shriramraghavendrachits.com. Its registered office is in Secunderabad, Telangana, India.