Valumoorthy Velayutham Chits Private Limited
About Valumoorthy Velayutham Chits Private Limited
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Valumoorthy Velayutham Chits Private Limited is a private limited company based in Tuticorin, Tamil Nadu, India. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 24 August 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U65991TN1998PTC041032. Its GSTIN is 33AAACV8437H1Z9 (Tamil Nadu).
The company has an authorised share capital of ₹7.5 Lakh and a paid-up capital of ₹6.1 Lakh. It is led by directors Ponnusamy Nadar Thanakaran (Managing Director) and Anitha.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 5/99B Nellai Annachi Nilaiyamopposite To Spic Nagar Tuticorin – 628 005, Tamil Nadu, India – 628005.
As per the financials filed for FY 2024, the company reported a revenue of ₹56.9 Lakh, a decline of 3% compared to the previous year. For the same year it recorded a net profit of ₹2.39 Lakh (net margin 4.2%) and EBITDA of ₹5.01 Lakh (EBITDA margin 8.8%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years.
Court records list 35 cases involving the company, including 34 filed by the company and 1 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Valumoorthy Velayutham Chits Private Limited's registered office is in Tuticorin, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address5/99B Nellai Annachi Nilaiyamopposite To Spic Nagar Tuticorin – 628 005, Tamil Nadu, India – 628005
- IndustryFinancial Services, Microfinance Institutions
To see the full contact details of Valumoorthy Velayutham Chits 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 Valumoorthy Velayutham Chits 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 Valumoorthy Velayutham Chits Private Limited, buy the company report.
Financials of Valumoorthy Velayutham Chits Private Limited
FY 2025 filings availableValumoorthy Velayutham Chits Private Limited reported revenue of ₹56.9 Lakh (down 3% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 3% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 8%. EBITDA rose 18% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹5.01 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.39 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.8% | ||||
| Net Profit Margin | 4.2% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Valumoorthy Velayutham Chits Private Limited, buy the company report.
Board of directors of Valumoorthy Velayutham Chits Private Limited
Valumoorthy Velayutham Chits has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ponnusamy Nadar Thanakaran | Managing Director | 24 Aug 1998 | 28 Years 2 Months | Current |
| Anitha | Director | 24 Aug 1998 | 28 Years 2 Months | Current |
Peer comparison
Valumoorthy Velayutham Chits Private Limited is compared with the 8 companies closest to it by revenue in the BFSI industry (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 |
|---|---|---|---|---|---|---|
| Chaitraratha Chits Private Limited | ₹57.17 Lakh (FY 2022) | -48.0% | Kamareddy, Telangana, India | |||
| Poonamdeep Chit Fund Private Limited | ₹57.11 Lakh (FY 2025) | 2.0% | Bangalore, Karnataka, India | |||
| Nedumparambil Kuries Private Limited | ₹57.1 Lakh (FY 2022) | -7.0% | Thiruvalla, Kerala, India | |||
| Valumoorthy Velayutham Chits Private Limitedthis company | ₹56.9 Lakh (FY 2024) | ₹2.39 Lakh | 4.2% | -3.0% | Tuticorin, Tamil Nadu, India | |
| Venus Star Chit Private Limited | ₹56.46 Lakh (FY 2019) | -8.0% | Chengalpet, Tamil Nadu, India | |||
| Shree Vijaya Meenakshi Chits Private Limited | ₹56.45 Lakh (FY 2025) | 5.0% | Chennai, Tamil Nadu, India | |||
| Mulloor Chitty Funds Kochi Private Limited | ₹56.41 Lakh (FY 2025) | 14.0% | Kochi, Kerala, India | |||
| SGFS Chits Private Limited | ₹56.13 Lakh (FY 2023) | 143.0% | Kochi, Kerala, India | |||
| Maxcare Kuries India Private Limited | ₹56.07 Lakh (FY 2017) | -16.0% | Pune, Maharashtra, India |
To see the full peer comparison of Valumoorthy Velayutham Chits Private Limited, buy the company report.
Shareholding
The shareholding of Valumoorthy Velayutham Chits Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Valumoorthy Velayutham Chits Private Limited, buy the company report.
Legal cases
Valumoorthy Velayutham Chits Private Limited has 35 court cases on record: 34 filed by Valumoorthy Velayutham Chits, 1 filed against it. 2 cases are pending and 33 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 35 | 1 | 2 |
Cases on record (5 of 35)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thoothukudi, Tamil Nadu | Criminal miscellaneous application | Filed by the company against an individual | Pending |
| District court, Thoothukudi, Tamil Nadu | Criminal miscellaneous application | Filed by the company against an individual | Pending |
| District court, Thoothukudi, Tamil Nadu | Criminal miscellaneous application | Filed by the company | Disposed |
| District court, Thoothukudi, Tamil Nadu | Execution petition | Filed by the company against individuals | Disposed |
| District court, Thoothukudi, Tamil Nadu | Execution petition | Filed by the company against individuals | Disposed |
To see the full case history of Valumoorthy Velayutham Chits 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 Valumoorthy Velayutham Chits Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Valumoorthy Velayutham Chits has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAACV8437H1Z9 | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Valumoorthy Velayutham Chits Private Limited, buy the company report.
Recent activity
Valumoorthy Velayutham Chits Private Limited has 2 board changes on record since 1998: 2 appointments. The latest: Anitha was appointed as Director on 24 Aug 1998.
Frequently asked questions
Valumoorthy Velayutham Chits is an active private limited company based in Tuticorin, Tamil Nadu, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 24 August 1998 (28+ years old) and is registered under CIN U65991TN1998PTC041032.
Valumoorthy Velayutham Chits has 2 current directors:
- Ponnusamy Nadar Thanakaran - Managing Director
- Anitha - Director
The latest financial statements of Valumoorthy Velayutham Chits on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Valumoorthy Velayutham Chits is 33AAACV8437H1Z9, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Valumoorthy Velayutham Chits is U65991TN1998PTC041032. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Valumoorthy Velayutham Chits has 35 court cases on record: 34 filed by the company and 1 filed against it. 2 are pending.
Valumoorthy Velayutham Chits was incorporated on 24 August 1998, making it 28+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Valumoorthy Velayutham Chits by revenue are Chaitraratha Chits Private Limited, Poonamdeep Chit Fund Private Limited, Nedumparambil Kuries Private Limited, Venus Star Chit Private Limited, Shree Vijaya Meenakshi Chits Private Limited and 3 more, all in the BFSI industry (Micro Finance), with the same principal business activity (other financial activities).
Anitha was appointed as Director on 24 Aug 1998. Ponnusamy Nadar Thanakaran was appointed as Managing Director on 24 Aug 1998.
The registered office of Valumoorthy Velayutham Chits is at 599B Nellai Annachi Nilaiyamopposite To Spic Nagar Tuticorin – 628 005, Tamil Nadu, India – 628005.
Valumoorthy Velayutham Chits operates in the financial services industry, in the microfinance institutions segment.
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