Travancore Chits Private Limited
About Travancore Chits Private Limited
Data last updated:
Travancore Chits Private Limited is a private limited company based in Koothattukulam, Kerala, India. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 08 March 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U65992KL2011PTC027864.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹90 Lakh. It is led by directors including George John Thukalan (Managing Director) and Midhun Kuruvilla Kurien.
Its last annual general meeting (AGM) was held on 30 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at VII/127 Opp. Sndp Building M.C.Road, Koothattukulam, Kerala, India – 686662.
As per the financials filed for FY 2018, the company reported a revenue of ₹4.29 Lakh, a decline of 46% compared to the previous year. For the same year it recorded a net loss of ₹6.21 Lakh (net margin -144.8%) and EBITDA of -₹5.58 Lakh (EBITDA margin -130.2%). Revenue has declined at a compounded annual rate (CAGR) of 51% over three years.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
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- WebsiteLocked
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- Registered AddressVII/127 Opp. Sndp Building M.C.Road, Koothattukulam, Kerala, India – 686662
- 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 Travancore Chits Private Limited
The main business activity of Travancore 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 Travancore Chits Private Limited FY 2018 filings available
Travancore Chits Private Limited reported revenue of ₹4.29 Lakh (down 46% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR) of Travancore Chits Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 51% over three years, including a 46% fall in the latest year. EBITDA fell 591% 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 Travancore Chits Private Limited
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• |
| Total Revenue | ₹4.29 Lakh | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• |
| EBITDA | -₹5.58 Lakh | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹6.21 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 of Travancore Chits Private Limited
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -130.2% | •••• | •••• | •••• |
| Net Profit Margin | -144.8% | •••• | •••• | •••• |
| 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 Travancore 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 Travancore Chits Private Limited
Travancore 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 |
|---|---|---|---|---|---|---|
| Vijaya Kuries and Loans Private Ltd | ₹4.41 Lakh (FY 2025) | •••• | •••• | 2.0% | •••• | Thrissur, Kerala, India |
| KVP India Nidhi Limited | ₹4.38 Lakh (FY 2024) | •••• | •••• | 4.0% | •••• | Andhra Pradesh, India |
| Lad City Vidarbha Kshetra Micro Finance Private Limited | ₹4.36 Lakh (FY 2025) | •••• | •••• | 2.0% | •••• | Karanja, Maharashtra, India |
| Krupasindhu Gramvikas Nidhi Limited | ₹4.34 Lakh (FY 2024) | •••• | •••• | 196.0% | •••• | Nanded, Maharashtra, India |
| Newsai Himachal Nidhi Limited | ₹4.29 Lakh (FY 2022) | •••• | •••• | 635.0% | •••• | Solan, Himachal Pradesh, India |
| Travancore Chits Private Limited this company | ₹4.29 Lakh (FY 2018) | •••• | •••• | -46.0% | •••• | Koothattukulam, Kerala, India |
| Tanmay Micro Finance Foundation | ₹4.21 Lakh (FY 2025) | •••• | •••• | 13.0% | •••• | Varanasi, Uttar Pradesh, India |
| Atibha Nidhi Limited | ₹4.21 Lakh (FY 2025) | •••• | •••• | -21.0% | •••• | New Delhi, Delhi, India |
| Navika Chits Private Limited | ₹4.19 Lakh (FY 2019) | •••• | •••• | 760.0% | •••• | Bangalore, Karnataka, India |
| Lisieux Kuries (Olari) Limited | ₹4.15 Lakh (FY 2021) | •••• | •••• | -43.0% | •••• | Thrissur, Kerala, India |
| Sathyam Kuries Private Limited | ₹4.11 Lakh (FY 2021) | •••• | •••• | -74.0% | •••• | Pune, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Travancore 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 Travancore Chits Private Limited
Travancore Chits Private Limited is audited by RAMACHANDRAN & KRISHNAKUMAR for the financial year 2018.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| RAMACHANDRAN & KRISHNAKUMAR | 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 Travancore Chits Private Limited
Travancore Chits has 7 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Midhun Kuruvilla Kurien Also directs: On Stage Cinemas LLP, Sampoorna Kerala Vilasam Restaurants and Food LLP, Marygiri Aggregates Private Limited and 3 more | Director | 08 Mar 2011 | 15 Years 7 Months | Current |
| George John Thukalan Also directs: KCFC Chits Private Limited | Managing Director | 08 Mar 2011 | 15 Years 7 Months | Current |
| Shajan Thuruthisseril Chacko | Director | 08 Mar 2011 | 15 Years 7 Months | Current |
| Anish Cherian | Director | 08 Mar 2011 | 15 Years 7 Months | Current |
| Basil Abraham | Director | 08 Mar 2011 | 15 Years 7 Months | Current |
| Eldho Kuriakose | Director | 08 Mar 2011 | 15 Years 7 Months | Current |
Ownership and Shareholding of Travancore 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 Travancore Chits Private Limited
Travancore Chits Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Travancore Chits Private Limited
Employment history and EPFO contributions of people linked to Travancore 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 Travancore Chits Private Limited
Travancore Chits Private Limited has 7 board changes on record since 2011: 7 appointments. The latest: Anish Cherian was appointed as Director on 08 Mar 2011.
Credit Ratings, Litigation & Regulatory Alerts for Travancore 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 Travancore 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 Travancore 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 Travancore 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 Travancore 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 Travancore Chits Private Limited
Travancore Chits is an active private limited company based in Koothattukulam, Kerala, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 08 March 2011 (15+ years old) and is registered under CIN U65992KL2011PTC027864.
Travancore Chits reported revenue of ₹4.29 Lakh for FY 2018 (down 46% YoY).
Travancore Chits has 7 current directors:
- George John Thukalan - Managing Director
- Midhun Kuruvilla Kurien - Director
- Shajan Thuruthisseril Chacko - Director
- Anish Cherian - Director
- Basil Abraham - Director
- Eldho Kuriakose - Director
- Vargheese Thayyil Mathai - Director
Travancore Chits reported a net loss of ₹6.21 Lakh (net margin -144.8%) and EBITDA of -₹5.58 Lakh (EBITDA margin -130.2%) for FY 2018, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Travancore Chits is -51% over three years. In the latest year (FY 2018) revenue fell 46%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Travancore Chits is U65992KL2011PTC027864. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Travancore Chits was incorporated on 08 March 2011, making it 15+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Travancore Chits by revenue are Vijaya Kuries and Loans Private Ltd, KVP India Nidhi Limited, Lad City Vidarbha Kshetra Micro Finance Private Limited, Krupasindhu Gramvikas Nidhi Limited, Newsai Himachal Nidhi Limited and 5 more, all in the BFSI industry (Micro Finance).
Anish Cherian was appointed as Director on 08 Mar 2011. Basil Abraham was appointed as Director on 08 Mar 2011. Eldho Kuriakose was appointed as Director on 08 Mar 2011. Travancore Chits has 7 board changes on record in total.
The registered office of Travancore Chits is at VII127 Opp. Sndp Building M.C.Road, Koothattukulam, Kerala, India – 686662.
Travancore Chits has an authorised share capital of ₹1 Cr and a paid-up capital of ₹90 Lakh.