Sri Thangammal Chits Private Limited
About Sri Thangammal Chits Private Limited
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Sri Thangammal Chits Private Limited is a private limited company based in Erode, Tamil Nadu, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 06 July 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U65992TZ1994PTC005200.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹2.8 Lakh. It is led by directors Senthilkumar Lakshminarayanan (Managing Director) and Meenachisundaram Senthilkumar.
Its last annual general meeting (AGM) was held on 29 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at 312 A Brough Road Muthuram Complex, Erode, Tamil Nadu, India – 638001.
As per the financials filed for FY 2021, the company reported a revenue of ₹37,096, a decline of 87% compared to the previous year. For the same year it recorded a net loss of ₹93,212 (net margin -251.3%) and EBITDA of -₹93,212 (EBITDA margin -251.3%). Revenue has declined at a compounded annual rate (CAGR) of 59% over three years and 35% over five years.
As per MCA filings, the company has open charges of ₹2.77 Lakh and satisfied charges of ₹1 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Sri Thangammal Chits Private Limited's registered office is in Erode, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address312 A Brough Road Muthuram Complex, Erode, Tamil Nadu, India – 638001
- IndustryFinancial Services, Financial Activities
To see the full contact details of Sri Thangammal 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 Sri Thangammal Chits 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 Sri Thangammal Chits Private Limited, buy the company report.
Financials of Sri Thangammal Chits Private Limited
FY 2021 filings availableSri Thangammal Chits Private Limited reported revenue of ₹37,096 (down 87% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 35% over five years, including a 87% fall in the latest year. EBITDA fell 129% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| EBITDA | -₹93,212 | ||||
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| Net Profit (PAT) | -₹93,212 | ||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -251.3% | ||||
| Net Profit Margin | -251.3% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Sri Thangammal Chits Private Limited, buy the company report.
Board of directors of Sri Thangammal Chits Private Limited
Sri Thangammal Chits 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 |
|---|---|---|---|---|
| Meenachisundaram Senthilkumar Also directs: Gra Stone Private Limited | Director | 01 Sep 2006 | 20 Years 2 Months | Current |
| Senthilkumar Lakshminarayanan Also directs: Gra Stone Private Limited | Managing Director | 06 Jul 1994 | 32 Years 4 Months | Current |
Peer comparison
Sri Thangammal Chits Private Limited is compared with the 10 companies closest to it by revenue in 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 |
|---|---|---|---|---|---|---|
| Chemcraft Chemicals Private Limited | ₹37,379 (FY 2020) | 22.0% | Kolkata, West Bengal, India | |||
| Adyashree Holdings Pvt Ltd | ₹37,362 (FY 2023) | -38.0% | Kolkata, West Bengal, India | |||
| Mammadevi Urban Multipurpose Nidhi Limited | ₹37,309 (FY 2021) | Jalna, Maharashtra, India | ||||
| Edelweiss Maids Enterprises Private Limited | ₹37,276 (FY 2018) | 564.0% | Mumbai, Maharashtra, India | |||
| Buniadi Nidhi Limited | ₹37,132 (FY 2022) | Banshihari, West Bengal, India | ||||
| Sri Thangammal Chits Private Limitedthis company | ₹37,096 (FY 2021) | -₹93,212 | -251.3% | -87.0% | Erode, Tamil Nadu, India | |
| U.G. Leasing and Finance Ltd. | ₹37,000 (FY 2019) | 12.0% | New Delhi, Delhi, India | |||
| Nri Finance Ltd | ₹37,000 (FY 2025) | 2.0% | Kolkata, West Bengal, India | |||
| Neel Gagan Mutual Benefit Nidhi Limited | ₹37,000 (FY 2024) | -67.0% | Lucknow (Pole No. 9), Uttar Pradesh, India | |||
| Sun Diamond Commercial Pvt Ltd | ₹36,953 (FY 2025) | 6.0% | Kolkata, West Bengal, India | |||
| Aradhana Trade Links Limited | ₹36,880 (FY 2025) | 3.0% | Ludhiana, Punjab, India |
To see the full peer comparison of Sri Thangammal Chits Private Limited, buy the company report.
Auditor
Sri Thangammal Chits Private Limited is audited by M R UMA MAHESWARI for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M R UMA MAHESWARI | FY 2017 | 201366 |
Shareholding
The shareholding of Sri Thangammal Chits Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Sri Thangammal Chits Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Mar 1998 | 90003245 | The Lakshmivilas Bank Ltd | ₹1.5 Lakh | Open | |
| 30 Mar 1996 | 90006785 | The Lakshmi Vilas Bank Ltd. | ₹27,000 | Open | |
| 24 Jun 1995 | 90002792 | The Lakshmivilas Bank Ltd | ₹1 Lakh | Open | |
| 04 Dec 2000 | 90003665 | City Union Bank Limited | ₹1 Lakh | Satisfied |
To see the full charge records of Sri Thangammal Chits Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
No court or tribunal cases involving Sri Thangammal 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 Sri Thangammal 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 Sri Thangammal Chits Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Sri Thangammal Chits Private Limited has 3 board changes on record since 1994: 2 appointments and 1 cessation. The latest: Senthilkumar Lakshminarayanan ceased to be Director on 19 Nov 2020.
Frequently asked questions
Sri Thangammal Chits is an active private limited company based in Erode, Tamil Nadu, India. The company works in financial activities, within the financial services industry. It was incorporated on 06 July 1994 (32+ years old) and is registered under CIN U65992TZ1994PTC005200.
Sri Thangammal Chits has 2 current directors:
- Senthilkumar Lakshminarayanan - Managing Director
- Meenachisundaram Senthilkumar - Director
The latest financial statements of Sri Thangammal Chits on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 29 November 2021. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Sri Thangammal Chits is U65992TZ1994PTC005200. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sri Thangammal Chits was incorporated on 06 July 1994, making it 32+ years old. It is registered with the Registrar of Companies, Coimbatore.
The peers of Sri Thangammal Chits by revenue are Chemcraft Chemicals Private Limited, Adyashree Holdings Pvt Ltd, Mammadevi Urban Multipurpose Nidhi Limited, Edelweiss Maids Enterprises Private Limited, Buniadi Nidhi Limited and 5 more, all in the same principal business activity (other financial activities).
Senthilkumar Lakshminarayanan ceased to be Director on 19 Nov 2020. Meenachisundaram Senthilkumar was appointed as Director on 01 Sep 2006. Senthilkumar Lakshminarayanan was appointed as Managing Director on 06 Jul 1994.
The registered office of Sri Thangammal Chits is at 312 A Brough Road Muthuram Complex, Erode, Tamil Nadu, India – 638001.
Sri Thangammal Chits operates in the financial services industry, in the financial activities segment.
Sri Thangammal Chits has open charges of ₹2.77 Lakh and satisfied charges of ₹1 Lakh as per latest MCA filings.
The compliance status of Sri Thangammal Chits is compliant as of 07 July 2026. The company is actively filing with the Registrar of Companies.
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