Sirulu Chit Funds Private Limited
About Sirulu Chit Funds Private Limited
Data last updated:
Sirulu Chit Funds Private Limited is a private limited company based in Warangal, Telangana, India. It operates in the financial intermediation and lending segment of the financial services sector. It was incorporated on 21 August 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U65992TG2018PTC126247. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Prem Sagar Munukuntla and Saikrishna Munagala.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at H.No – 1 – 31/6 1 – 31/7 1 – 31/8 Main Road Narsampet, Warangal, Telangana, India – 506132.
As per the financials filed for FY 2022, the company reported a revenue of ₹31.1 Lakh, a growth of 5% compared to the previous year. For the same year it recorded a net loss of ₹20.17 Lakh (net margin -64.9%) and EBITDA of -₹19.2 Lakh (EBITDA margin -61.7%). Revenue has grown at a compounded annual rate (CAGR) of 82% over three years.
Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.
Company details
Contact details
Sirulu Chit Funds Private Limited's registered office is in Warangal, Telangana. Its e-mail address is in the company report.
- Email
- Registered AddressH.No – 1 – 31/6 1 – 31/7 1 – 31/8 Main Road Narsampet, Warangal, Telangana, India – 506132
- IndustryFinancial Services, Other Financial Intermediation, Kuri Companies, Chit Fund
To see the full contact details of Sirulu 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 Sirulu 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 Sirulu Chit Funds Private Limited, buy the company report.
Financials of Sirulu Chit Funds Private Limited
FY 2022 filings availableSirulu Chit Funds Private Limited reported revenue of ₹31.1 Lakh (up 5% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 82% over three years, including 5% growth in the latest year. EBITDA fell 490% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ₹31.1 Lakh | |||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹19.2 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹20.17 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -61.7% | |||
| Net Profit Margin | -64.9% | |||
| 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 Sirulu Chit Funds Private Limited, buy the company report.
Board of directors of Sirulu Chit Funds Private Limited
Sirulu Chit Funds has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prem Sagar Munukuntla | Additional Director | 03 Oct 2018 | 8 Years 1 Months | Current |
| Saikrishna Munagala | Additional Director | 03 Oct 2018 | 8 Years 1 Months | Current |
| Laxmi Munukuntla | Additional Director | 25 Oct 2021 | 5 Years 0 Months | Current |
Peer comparison
Sirulu Chit Funds Private Limited is compared with the 6 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 |
|---|---|---|---|---|---|---|
| Sri Dhanika Chit Funds Private Limited | ₹32.22 Lakh (FY 2022) | 2.0% | Hyderabad, Telangana, India | |||
| Dara Ashok Chit Funds Private Limited | ₹31.85 Lakh (FY 2025) | 12.0% | Sircilla, Telangana, India | |||
| Saitulasi Chit Funds Private Limited | ₹31.7 Lakh (FY 2025) | -54.0% | Secunderabad, Telangana, India | |||
| Basavaguru Chit Funds Private Limited | ₹31.49 Lakh (FY 2024) | 3.0% | Gokak, Karnataka, India | |||
| Sirulu Chit Funds Private Limitedthis company | ₹31.1 Lakh (FY 2022) | -₹20.17 Lakh | -64.9% | 5.0% | Warangal, Telangana, India | |
| Muriyattu Chit Funds Private Limited | ₹30.93 Lakh (FY 2025) | 29.0% | Thalayolapparambu, Kerala, India | |||
| Jayamukhi Chit Funds Private Limited | ₹30.49 Lakh (FY 2017) | -19.0% | Warangal, Telangana, India |
To see the full peer comparison of Sirulu Chit Funds Private Limited, buy the company report.
Legal cases
Sirulu Chit Funds Private Limited has 1 court case on record: 1 filed against it. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Warangal, Telangana | Cheque dishonour complaint | Filed against the company by an individual | Pending |
To see the full case history of Sirulu 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 Sirulu Chit Funds Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sirulu Chit Funds has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Sirulu Chit Funds Private Limited, buy the company report.
Recent activity
Sirulu Chit Funds Private Limited has 8 board changes on record since 2018: 3 appointments and 5 cessations. The latest: Komal Reddy Kumbam ceased to be Director on 25 Oct 2021.
Frequently asked questions
Sirulu Chit Funds is an active private limited company based in Warangal, Telangana, India. The company works in other financial intermediation, within the financial services industry. It was incorporated on 21 August 2018 (8+ years old) and is registered under CIN U65992TG2018PTC126247.
Sirulu Chit Funds has 3 current directors:
- Prem Sagar Munukuntla - Additional Director
- Saikrishna Munagala - Additional Director
- Laxmi Munukuntla - Additional Director
The latest financial statements of Sirulu Chit Funds on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from FY 2019 are in the company report.
No. Sirulu Chit Funds has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Sirulu Chit Funds is U65992TG2018PTC126247. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sirulu Chit Funds has 1 court case on record: 1 filed against it. 1 is pending.
Sirulu Chit Funds was incorporated on 21 August 2018, making it 8+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Sirulu Chit Funds by revenue are Sri Dhanika Chit Funds Private Limited, Dara Ashok Chit Funds Private Limited, Saitulasi Chit Funds Private Limited, Basavaguru Chit Funds Private Limited, Muriyattu Chit Funds Private Limited and 1 more, all in the BFSI industry (Chit Funds), with the same principal business activity (other financial activities).
Komal Reddy Kumbam ceased to be Director on 25 Oct 2021. Laxmi Munukuntla was appointed as Additional Director on 25 Oct 2021. Lingaiah Porla ceased to be Managing Director on 25 Oct 2021. Sirulu Chit Funds has 8 board changes on record in total.
The registered office of Sirulu Chit Funds is at H.No – 1 – 316 1 – 317 1 – 318 Main Road Narsampet, Warangal, Telangana, India – 506132.
Sirulu Chit Funds operates in the financial services industry, in the other financial intermediation segment.
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