Usha Bala Chits Private Limited
About Usha Bala Chits Private Limited
Data last updated:
Usha Bala Chits Private Limited is a private limited company based in Narasimha Rao Pet, Eluru-534006, Andhra Pradesh, India. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 08 October 1986 and has been in existence for over 40 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U65992AP1986PTC006843. Its GSTIN is 37AAACU3570G1ZC (Andhra Pradesh).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹25 Lakh. It was formerly known as Usha Bala Chits and Investments Pvt. Ltd. It is led by directors including Vadlapatla Venkata Balakrishnarao (Managing Director) and Santhi Priya Vadlapatla.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at D.No.25122 Usha Bala Complexnarasimha Rao Pet Eluru – 534006 Narasimha Rao Pet Eluru – 534, 006, Andhra Pradesh, India.
As per the financials filed for FY 2022, the company reported a revenue of ₹5.86 Cr, a growth of 6% compared to the previous year. For the same year it recorded a net profit of ₹64.76 Lakh (net margin 11.1%) and EBITDA of -₹41.96 Lakh (EBITDA margin -7.2%). Revenue has declined at a compounded annual rate (CAGR) of 3% over three years and 2% over five years.
As per MCA filings, the company has open charges of ₹6.59 Cr and satisfied charges of ₹1.65 Cr on record. Court records list 347 cases involving the company, including 326 filed by the company and 18 filed against it; 39 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressD.No.25122 Usha Bala Complexnarasimha Rao Pet Eluru – 534006 Narasimha Rao Pet Eluru – 534, 006, Andhra Pradesh, India
- 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
Financials of Usha Bala Chits Private Limited FY 2025 filings available
Usha Bala Chits Private Limited reported revenue of ₹5.86 Cr (up 6% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR) of Usha Bala Chits Private Limited
Revenue rose 6% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 2%. 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 Usha Bala Chits Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹5.86 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹41.96 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹64.76 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 Usha Bala Chits Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -7.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 11.1% | •••• | •••• | •••• | •••• |
| 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 Usha Bala 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.
Auditor Details of Usha Bala Chits Private Limited
Usha Bala Chits Private Limited is audited by M V Prasad & Co for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| M V Prasad & Co | 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 Usha Bala Chits Private Limited
Usha Bala Chits has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Santhi Priya Vadlapatla | Director | 25 Mar 2013 | 13 Years 6 Months | Current |
| Vadlapatla Venkata Vijaya Kumar Also directs: Ushabala Agro Farms Pvt Ltd, V.V.B.Resorts and Hotels Private Limited, Ubk Chits Private Limited and 2 more | Director | 31 Dec 1997 | 28 Years 9 Months | Current |
| Vadlapatla Venkata Balakrishnarao Also directs: Ushabala Agro Farms Pvt Ltd, Vignesh Projects Private Limited, VBK Exim Pvt Ltd, and 5 more | Managing Director | 08 Oct 1986 | 39 Years 11 Months | Current |
| Usha Rani Vadlapatla Also directs: Ushabala Agro Farms Pvt Ltd, VBK Exim Pvt Ltd,, U B K Hotels and Resorts Private Limited and 3 more | Director | 29 Jun 2007 | 19 Years 3 Months | Current |
Ownership and Shareholding of Usha Bala 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 Usha Bala Chits Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 04 Jan 2023 | Hdfc Bank Limited | ₹1.69 Cr | Open |
| 30 Aug 2022 | City Union Bank Limited | ₹4.9 Cr | Open |
| 20 Feb 2002 | Lakshmi Vilas Bank Limited | ₹1.65 Cr | Satisfied |
Total charge records: 3 View all charges
Legal Cases of Usha Bala Chits Private Limited
Usha Bala Chits Private Limited has 347 court cases on record: 326 filed by Usha Bala Chits, 18 filed against it, 3 where it is another party. 39 cases are pending and 308 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 324 | 6 | 33 |
| High courts | 23 | 12 | 6 |
Cases on record (5 of 347)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, West Godavari, Andhra Pradesh | Execution petition | Filed by the company against individuals | Pending |
| District court, West Godavari, Andhra Pradesh | Execution petition | Filed by the company against an individual | Pending |
| District court, West Godavari, Andhra Pradesh | Execution petition | Filed by the company against an individual | Pending |
| District court, West Godavari, Andhra Pradesh | Execution petition | Filed by the company against an individual | Pending |
| District court, West Godavari, Andhra Pradesh | Execution petition | Filed by the company against an individual | Pending |
Full case history
All 347 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 Usha Bala Chits Private Limited
Employment history and EPFO contributions of people linked to Usha Bala 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 Usha Bala Chits Private Limited
Usha Bala Chits Private Limited has 7 board changes on record since 1986: 4 appointments and 3 cessations. The latest: Nagabhushanam Parvataneni ceased to be Director on 30 Jan 2023.
4 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Usha Bala 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 Usha Bala 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 Usha Bala 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 Usha Bala Chits Private Limited
Usha Bala Chits has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AAACU3570G1ZC | Andhra Pradesh | Active | 01 Jul 2017 |
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 Usha Bala 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 Usha Bala Chits Private Limited
Usha Bala Chits is an active private limited company based in Narasimha Rao Pet, Eluru-534006, Andhra Pradesh, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 08 October 1986 (40+ years old) and is registered under CIN U65992AP1986PTC006843.
Usha Bala Chits reported revenue of ₹5.86 Cr for FY 2022 (up 6% YoY).
Usha Bala Chits has 4 current directors:
- Vadlapatla Venkata Balakrishnarao - Managing Director
- Santhi Priya Vadlapatla - Director
- Vadlapatla Venkata Vijaya Kumar - Director
- Usha Rani Vadlapatla - Director
Usha Bala Chits reported a net profit of ₹64.76 Lakh (net margin 11.1%) and EBITDA of -₹41.96 Lakh (EBITDA margin -7.2%) for FY 2022, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Usha Bala Chits is -3% over three years and -2% over five years. In the latest year (FY 2022) revenue rose 6%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Usha Bala Chits is 37AAACU3570G1ZC, registered in Andhra Pradesh.
The CIN (Corporate Identification Number) of Usha Bala Chits is U65992AP1986PTC006843. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Usha Bala Chits has 347 court cases on record: 326 filed by the company and 18 filed against it. 39 are pending. Most are in the district courts.
Usha Bala Chits was incorporated on 08 October 1986, making it 40+ years old. It is registered with the Registrar of Companies, Vijayawada.
Nagabhushanam Parvataneni ceased to be Director on 30 Jan 2023. Krishna Veni Kodali ceased to be Director on 30 Mar 2019. Santhi Priya Vadlapatla ceased to be Additional Director on 30 Sep 2013. Usha Bala Chits has 7 board changes on record in total.