
Thiruveesar Chits Private Limited
About Thiruveesar Chits Private Limited
Data last updated:
Thiruveesar Chits Private Limited is a private limited company based in Karaikudi - 630 001., Tamil Nadu, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 30 December 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U65991TN1999PTC043858.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors Chockalingam Ravi (Managing Director) and Ravi Nachal.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at No.20 Sekkalai Road Karaikudi., Karaikudi – 630 001., Tamil Nadu, India – 630001.
As per the financials filed for FY 2019, the company reported a revenue of ₹4.11 Lakh, a decline of 36% compared to the previous year. For the same year it recorded a net profit of ₹1,847 (net margin 0.4%) and EBITDA of ₹9,515 (EBITDA margin 2.3%). Revenue has declined at a compounded annual rate (CAGR) of 23% over three years and 21% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressNo.20 Sekkalai Road Karaikudi., Karaikudi – 630 001., Tamil Nadu, India – 630001
- IndustryFinancial Services, Financial Activities
- 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 Thiruveesar Chits Private Limited
The main business activity of Thiruveesar 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.
Auditor Details of Thiruveesar Chits Private Limited
Thiruveesar Chits Private Limited is audited by KR VEERAPPAN for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| KR VEERAPPAN | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Thiruveesar Chits Private Limited
Thiruveesar Chits has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ravi Nachal | Director | 30 Dec 1999 | 26 Years 9 Months | Current |
| Chockalingam Ravi | Managing Director | 30 Dec 1999 | 26 Years 9 Months | Current |
Financials of Thiruveesar Chits Private Limited FY 2019 filings available
Thiruveesar Chits Private Limited reported revenue of ₹4.11 Lakh (down 36% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR) of Thiruveesar Chits Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 21% over five years, including a 36% fall in the latest year. EBITDA fell 62% 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 Thiruveesar Chits Private Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| 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 | ₹9,515 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1,847 | •••• | •••• | •••• | •••• |
| 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 Thiruveesar Chits Private Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.4% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Thiruveesar 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.
Ownership and Shareholding of Thiruveesar 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 Thiruveesar Chits Private Limited
Thiruveesar Chits Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Thiruveesar Chits Private Limited
Employment history and EPFO contributions of people linked to Thiruveesar 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.
GST Compliance of Thiruveesar 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.
Credit Ratings, Litigation & Regulatory Alerts for Thiruveesar 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 Thiruveesar 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 Thiruveesar 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.
MCA Filings & Documents of Thiruveesar 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.
Recent Activity on Thiruveesar Chits Private Limited
Frequently Asked Questions about Thiruveesar Chits Private Limited
Thiruveesar Chits is an active private limited company based in Karaikudi - 630 001, Tamil Nadu, India. The company works in financial activities, within the financial services industry. It was incorporated on 30 December 1999 (27+ years old) and is registered under CIN U65991TN1999PTC043858.
Thiruveesar Chits reported revenue of ₹4.11 Lakh for FY 2019 (down 36% YoY).
Thiruveesar Chits has 2 current directors:
- Chockalingam Ravi - Managing Director
- Ravi Nachal - Director
Thiruveesar Chits reported a net profit of ₹1,847 (net margin 0.4%) and EBITDA of ₹9,515 (EBITDA margin 2.3%) for FY 2019, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Thiruveesar Chits is -23% over three years and -21% over five years. In the latest year (FY 2019) revenue fell 36%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Thiruveesar Chits is U65991TN1999PTC043858. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Thiruveesar Chits was incorporated on 30 December 1999, making it 27+ years old. It is registered with the Registrar of Companies, Chennai.
The registered office of Thiruveesar Chits is at No.20 Sekkalai Road Karaikudi., Karaikudi – 630 001., Tamil Nadu, India – 630001.
Thiruveesar Chits has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹2 Lakh.