
Sridharan Chit Funds Private Limited
About Sridharan Chit Funds Private Limited
Data last updated:
Sridharan Chit Funds Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 27 May 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U65999TN2016PTC110633.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Chakravathi Lakshmanan and Lakshmanan Sudha.
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 Plot No.35 Door No.18 S.V.P. Nagar Arumbakkam, Chennai, Tamil Nadu, India – 600106.
As per the financials filed for FY 2021, the company reported a revenue of ₹1.21 Lakh, a decline of 30% compared to the previous year. For the same year it recorded a net profit of ₹1,745 (net margin 1.4%) and EBITDA of ₹45,591 (EBITDA margin 37.7%). Revenue has declined at a compounded annual rate (CAGR) of 16% over three years.
Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Sridharan Chit Funds Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address is in the company report.
- Email
- Registered AddressPlot No.35 Door No.18 S.V.P. Nagar Arumbakkam, Chennai, Tamil Nadu, India – 600106
- IndustryFinancial Services, Microfinance Institutions
To see the full contact details of Sridharan 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 Sridharan 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 Sridharan Chit Funds Private Limited, buy the company report.
Financials of Sridharan Chit Funds Private Limited
FY 2021 filings availableSridharan Chit Funds Private Limited reported revenue of ₹1.21 Lakh (down 30% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 16% over three years, including a 30% fall in the latest year. EBITDA rose 272% 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 |
|---|---|---|---|---|---|
| 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 | ₹45,591 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1,745 | ||||
| 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 37.7% | ||||
| Net Profit Margin | 1.4% | ||||
| 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 Sridharan Chit Funds Private Limited, buy the company report.
Board of directors of Sridharan Chit Funds Private Limited
Sridharan Chit Funds has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chakravathi Lakshmanan | Director | 27 May 2016 | 10 Years 5 Months | Current |
| Lakshmanan Sudha | Director | 27 May 2016 | 10 Years 5 Months | Current |
Peer comparison
Sridharan Chit Funds Private Limited is compared with the 8 companies closest to it by revenue in the BFSI industry (Chit Funds, Micro Finance), 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 |
|---|---|---|---|---|---|---|
| Dainik Micro Finance Private Limited | ₹1.22 Lakh (FY 2024) | Gorakhpur, Uttar Pradesh, India | ||||
| Megastar Kuries and Loans Private Limited | ₹1.22 Lakh (FY 2016) | -79.0% | Thrichur, Kerala, India | |||
| Sudhabhagya Nidhi Limited | ₹1.21 Lakh (FY 2022) | 118.0% | Aurangabad, Maharashtra, India | |||
| Sridharan Chit Funds Private Limitedthis company | ₹1.21 Lakh (FY 2021) | ₹1,745 | 1.4% | -30.0% | Chennai, Tamil Nadu, India | |
| Shukra Chit Funds Private Limited | ₹1.2 Lakh (FY 2025) | -15.0% | Hyderabad, Telangana, India | |||
| Sapat Micro Finance Foundation | ₹1.2 Lakh (FY 2025) | 2.0% | Badohi, Uttar Pradesh, India | |||
| Chennur Chit Funds Private Limited | ₹1.19 Lakh (FY 2020) | -84.0% | Chennur, Telangana, India | |||
| Nishani Chit Funds Private Limited | ₹1.18 Lakh (FY 2024) | -35.0% | Hyderabad, Telangana, India | |||
| Kubershree Micro Credit Foundation | ₹1.18 Lakh (FY 2024) | -50.0% | Varanasi, Uttar Pradesh, India |
To see the full peer comparison of Sridharan Chit Funds Private Limited, buy the company report.
Auditor
Sridharan Chit Funds Private Limited is audited by RAVI KUMAR S & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAVI KUMAR S & CO | FY 2018 | 014431S |
Shareholding
The shareholding of Sridharan Chit Funds Private Limited is on record for FY 2018, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2018 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Sridharan Chit Funds Private Limited, buy the company report.
Legal cases
Sridharan 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, Chennai, Tamil Nadu | Original application | Filed against the company by an individual | Pending |
To see the full case history of Sridharan 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 Sridharan Chit Funds 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 Sridharan Chit Funds Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Sridharan Chit Funds Private Limited has 2 board changes on record since 2016: 2 appointments. The latest: Chakravathi Lakshmanan was appointed as Director on 27 May 2016.
Frequently asked questions
Sridharan Chit Funds is an active private limited company based in Chennai, Tamil Nadu, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 27 May 2016 (10+ years old) and is registered under CIN U65999TN2016PTC110633.
Sridharan Chit Funds has 2 current directors:
- Chakravathi Lakshmanan - Director
- Lakshmanan Sudha - Director
The latest financial statements of Sridharan Chit Funds 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 FY 2017 are in the company report.
The CIN (Corporate Identification Number) of Sridharan Chit Funds is U65999TN2016PTC110633. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sridharan Chit Funds has 1 court case on record: 1 filed against it. 1 is pending.
Sridharan Chit Funds was incorporated on 27 May 2016, making it 10+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Sridharan Chit Funds by revenue are Dainik Micro Finance Private Limited, Megastar Kuries and Loans Private Limited, Sudhabhagya Nidhi Limited, Shukra Chit Funds Private Limited, Sapat Micro Finance Foundation and 3 more, all in the BFSI industry (Chit Funds, Micro Finance), with the same principal business activity (other financial activities).
Chakravathi Lakshmanan was appointed as Director on 27 May 2016. Lakshmanan Sudha was appointed as Director on 27 May 2016.
The registered office of Sridharan Chit Funds is at Plot No.35 Door No.18 S.V.P. Nagar Arumbakkam, Chennai, Tamil Nadu, India – 600106.
Sridharan Chit Funds operates in the financial services industry, in the microfinance institutions segment.
The compliance status of Sridharan Chit Funds is compliant as of 22 August 2026. The company is actively filing with the Registrar of Companies.

