Thevar Chits Private Limited
About Thevar Chits Private Limited
Data last updated:
Thevar Chits Private Limited is a private limited company based in Kozhikode, Kerala, India. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 01 October 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U65992KL2007PTC021256.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Thevar Kariyattil Suresh Kumar (Managing Director) and Balan Thevar Kariyattil.
Its last annual general meeting (AGM) was held on 25 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Kozhikode, Kerala.
As per the financials filed for FY 2023, the company reported a revenue of ₹30,023, a growth of 14% compared to the previous year. For the same year it recorded a net profit of ₹478 (net margin 1.6%) and EBITDA of ₹1,944 (EBITDA margin 6.5%). Revenue has declined at a compounded annual rate (CAGR) of 78% over three years and 57% over five years.
As per MCA filings, the company has open charges of ₹4 Lakh on record. Court records list 75 cases involving the company, including 74 filed by the company and 1 filed against it; 10 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressDoor No.27/1656B Near Saravanabhava Madam, Kalluthankadavu P O Puthiyara., Kozhikode, Kerala, India – 673004
- IndustryFinancial Services, Microfinance Institutions
- 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
- One PDF report, delivered after checkout
Business Activity of Thevar Chits Private Limited
The main business activity of Thevar Chits is financial and insurance service. In detail, this covers other financial activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Thevar Chits Private Limited FY 2025 filings available
Thevar Chits Private Limited reported revenue of ₹30,023 (up 14% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Thevar Chits Private Limited
Revenue rose 14% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 57%. EBITDA rose 5% 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 of Thevar Chits Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| 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 | ₹1,944 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹478 | •••• | •••• | •••• | •••• |
| 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 of Thevar Chits Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.6% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Thevar Chits are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Thevar Chits Private Limited
Thevar Chits Private Limited is compared with the companies closest to it by revenue in the BFSI industry (Micro Finance). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shri Rokadeshwar Micro Finance Private Limited | ₹32,541 (FY 2024) | •••• | •••• | 224.0% | •••• | Nanded, Maharashtra, India |
| Radico Micro Finance Foundation | ₹32,120 (FY 2023) | •••• | •••• | 9.0% | •••• | Bhopal, Madhya Pradesh, India |
| Kasavu Chits Private Limited | ₹31,948 (FY 2024) | •••• | •••• | -68.0% | •••• | Perumbavoor, Kerala, India |
| Jibon Ananda Nidhi Limited | ₹31,500 (FY 2020) | •••• | •••• | •••• | Nadia, West Bengal, India | |
| Samadhan Multipurpose Micro Finance | ₹30,780 (FY 2022) | •••• | •••• | -75.0% | •••• | Agartala, Tripura, India |
| Thevar Chits Private Limited this company | ₹30,023 (FY 2023) | •••• | •••• | 14.0% | •••• | Kozhikode, Kerala, India |
| Nichlaul Vikash Nidhi Limited | ₹29,566 (FY 2023) | •••• | •••• | •••• | Maharajganj, Uttar Pradesh, India | |
| Sakhor India Nidhi Limited | ₹29,268 (FY 2023) | •••• | •••• | -87.0% | •••• | North 24 Parganas, West Bengal, India |
| SMJ Microfinance Foundation | ₹28,415 (FY 2025) | •••• | •••• | 95.0% | •••• | Lucknow, Uttar Pradesh, India |
| Sakthan Kuries and Loans Pvt Ltd | ₹28,380 (FY 2024) | •••• | •••• | 36.0% | •••• | Thrissur, Kerala, India |
| Kanakavati Urban Multipurpose Nidhi Limited | ₹28,113 (FY 2021) | •••• | •••• | •••• | Rahuri, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Thevar Chits by revenue in the BFSI industry (Micro Finance), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Thevar Chits Private Limited
Auditor information for Thevar Chits Private Limited provides details about the firm responsible for auditing the company's financial statements and ensuring compliance with regulatory requirements.
Board of Directors of Thevar Chits Private Limited
Thevar Chits has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Balan Thevar Kariyattil | Director | 01 Oct 2007 | 19 Years 0 Months | Current |
| Thevar Kariyattil Suresh Kumar | Managing Director | 01 Oct 2007 | 19 Years 0 Months | Current |
Ownership and Shareholding of Thevar Chits Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Thevar Chits Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 Jan 2010 | Karur Vysya Bank | ₹4 Lakh | Open |
Total charge records: 1 View all charges
Legal Cases of Thevar Chits Private Limited
Thevar Chits Private Limited has 75 court cases on record: 74 filed by Thevar Chits, 1 filed against it. 10 cases are pending and 65 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 75 | 1 | 10 |
Cases on record (5 of 75)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Kozhikode, Kerala | Execution petition | Filed by the company against an individual | Pending |
| District court, Kozhikode, Kerala | Execution petition | Filed by the company against an individual | Pending |
| District court, Kozhikode, Kerala | Civil suit | Filed by the company against an individual | Pending |
| District court, Kozhikode, Kerala | Civil suit | Filed by the company against an individual | Pending |
| District court, Kozhikode, Kerala | Civil suit | Filed by the company against an individual | Pending |
Full case history
All 75 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Thevar Chits Private Limited
Employment history and EPFO contributions of people linked to Thevar Chits.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Thevar Chits Private Limited
Thevar Chits Private Limited has 2 board changes on record since 2007: 2 appointments. The latest: Balan Thevar Kariyattil was appointed as Director on 01 Oct 2007.
Credit Ratings, Litigation & Regulatory Alerts for Thevar Chits Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Thevar Chits Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Thevar Chits Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Thevar Chits Private Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Thevar Chits Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Thevar Chits Private Limited
Thevar Chits is an active private limited company based in Kozhikode, Kerala, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 01 October 2007 (19+ years old) and is registered under CIN U65992KL2007PTC021256.
Thevar Chits reported revenue of ₹30,023 for FY 2023 (up 14% YoY).
Thevar Chits has 2 current directors:
- Thevar Kariyattil Suresh Kumar - Managing Director
- Balan Thevar Kariyattil - Director
Thevar Chits reported a net profit of ₹478 (net margin 1.6%) and EBITDA of ₹1,944 (EBITDA margin 6.5%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Thevar Chits is -78% over three years and -57% over five years. In the latest year (FY 2023) revenue rose 14%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Thevar Chits is U65992KL2007PTC021256. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Thevar Chits has 75 court cases on record: 74 filed by the company and 1 filed against it. 10 are pending.
Thevar Chits was incorporated on 01 October 2007, making it 19+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Thevar Chits by revenue are Shri Rokadeshwar Micro Finance Private Limited, Radico Micro Finance Foundation, Kasavu Chits Private Limited, Jibon Ananda Nidhi Limited, Samadhan Multipurpose Micro Finance and 5 more, all in the BFSI industry (Micro Finance).
Balan Thevar Kariyattil was appointed as Director on 01 Oct 2007. Thevar Kariyattil Suresh Kumar was appointed as Managing Director on 01 Oct 2007.
The registered office of Thevar Chits is at Door No.271656B Near Saravanabhava Madam, Kalluthankadavu P O Puthiyara., Kozhikode, Kerala, India – 673004.