Visrutha Kuries Limited
About Visrutha Kuries Limited
Data last updated:
Visrutha Kuries Limited is a public limited company based in Thrissur, Kerala, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 11 April 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U65992KL1994PLC007843. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹28.37 Lakh. It is led by directors including Kakkassery Aipunny Francis (Managing Director) and Umayoor Puthan Warriath Vijayan.
Its last annual general meeting (AGM) was held on 25 September 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Abshar Trade Centrepoothole Road, Thrissur, Kerala, India – 680004.
As per the financials filed for FY 2021, the company reported a revenue of ₹4.98 Lakh, a decline of 51% compared to the previous year. For the same year it recorded a net profit of ₹6,207 (net margin 1.2%) and EBITDA of ₹8,969 (EBITDA margin 1.8%). Revenue has declined at a compounded annual rate (CAGR) of 23% over three years and 21% over five years.
Court records list 40 cases involving the company, including 39 filed by the company and 1 filed against it; 4 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Visrutha Kuries Limited's registered office is in Thrissur, Kerala. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressAbshar Trade Centrepoothole Road, Thrissur, Kerala, India – 680004
- IndustryFinancial Services, Financial Activities
To see the full contact details of Visrutha Kuries 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 Visrutha Kuries 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 Visrutha Kuries Limited, buy the company report.
Financials of Visrutha Kuries Limited
FY 2021 filings availableVisrutha Kuries Limited reported revenue of ₹4.98 Lakh (down 51% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 21% over five years, including a 51% fall in the latest year. EBITDA fell 49% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| EBITDA | ₹8,969 | ||||
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| Net Profit (PAT) | ₹6,207 | ||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| Profitability | |||||
| EBITDA Margin | 1.8% | ||||
| Net Profit Margin | 1.2% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Visrutha Kuries Limited, buy the company report.
Board of directors of Visrutha Kuries Limited
Visrutha Kuries has 9 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Umayoor Puthan Warriath Vijayan | Director | 13 Jan 1996 | 30 Years 9 Months | Current |
| Joy Chungath | Director | 11 Apr 1994 | 32 Years 6 Months | Current |
| Jose Attokaran | Director | 11 Apr 1994 | 32 Years 6 Months | Current |
| Kunnath Ramanath | Director | 11 Apr 1994 | 32 Years 6 Months | Current |
| Balaraman Brarath Raman Also directs: Tharamgini Kuries and Loans Pvt Ltd | Director | 23 Dec 1996 | 29 Years 10 Months | Current |
| Chungath Lazar Thariyan | Director | 11 Apr 1994 | 32 Years 6 Months | Current |
Peer comparison
Visrutha Kuries Limited is compared with the 7 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 |
|---|---|---|---|---|---|---|
| Byzoo Nidhi Limited | ₹5.06 Lakh (FY 2022) | Jhabua, Madhya Pradesh, India | ||||
| Suryodaya Urban Nidhi Limited | ₹5.05 Lakh (FY 2022) | 590.0% | Hingoli, Maharashtra, India | |||
| People's Thrift and Chit Funds Private Limited | ₹5.05 Lakh (FY 2021) | -4.0% | Chennai, Tamil Nadu, India | |||
| Ankit Micro Finance | ₹4.98 Lakh (FY 2025) | 65.0% | Deoria, Uttar Pradesh, India | |||
| Visrutha Kuries Limitedthis company | ₹4.98 Lakh (FY 2021) | ₹6,207 | 1.2% | -51.0% | Thrissur, Kerala, India | |
| Palani Chit Funds Private Limited | ₹4.96 Lakh (FY 2025) | -24.0% | Palani, Tamil Nadu, India | |||
| Kingiri Sairaj Chit Fund Private Limited | ₹4.91 Lakh (FY 2025) | -68.0% | Hyderabad, Telangana, India | |||
| Newsangamss Urban Multipurpose Nidhi Limited | ₹4.9 Lakh (FY 2023) | 4091.0% | Sangli, Maharashtra, India |
To see the full peer comparison of Visrutha Kuries Limited, buy the company report.
Auditor
Visrutha Kuries Limited is audited by K P VARGHESE & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K P VARGHESE & CO | FY 2017 | 006861S |
Shareholding
The shareholding of Visrutha Kuries Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Visrutha Kuries Limited, buy the company report.
Legal cases
Visrutha Kuries Limited has 40 court cases on record: 39 filed by Visrutha Kuries, 1 filed against it. 4 cases are pending and 36 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 40 | 1 | 4 |
Cases on record (5 of 40)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thrissur, Kerala | Execution petition | Filed by the company against an individual | Pending |
| District court, Thrissur, Kerala | Execution petition | Filed by the company against individuals | Pending |
| District court, Thrissur, Kerala | Execution petition | Filed by the company | Pending |
| District court, Thrissur, Kerala | Execution petition | Filed by the company against an individual | Pending |
| District court, Thrissur, Kerala | Court case (EA) | Filed by the company against an individual | Disposed |
To see the full case history of Visrutha Kuries 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 Visrutha Kuries Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Visrutha Kuries has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Visrutha Kuries Limited, buy the company report.
Recent activity
Visrutha Kuries Limited has 19 board changes on record since 1994: 14 appointments and 5 cessations. The latest: Vadakoot Chummar Johny ceased to be Director on 18 Dec 2020.
10 earlier events are in the company report.
Frequently asked questions
Visrutha Kuries is an active public limited company based in Thrissur, Kerala, India. The company works in financial activities, within the financial services industry. It was incorporated on 11 April 1994 (32+ years old) and is registered under CIN U65992KL1994PLC007843.
Visrutha Kuries has 9 current directors:
- Kakkassery Aipunny Francis - Managing Director
- Umayoor Puthan Warriath Vijayan - Director
- Joy Chungath - Director
- Jose Attokaran - Director
- Kunnath Ramanath - Director
- Balaraman Brarath Raman - Director
- Chungath Lazar Thariyan - Director
- Manalil Cheru Vijayan - Director
- Kuttipparambil Vagalan Krishnan - Director
The latest financial statements of Visrutha Kuries on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 25 September 2021. Year-wise statements from 2015 are in the company report.
No. Visrutha Kuries has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Visrutha Kuries is U65992KL1994PLC007843. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Visrutha Kuries has 40 court cases on record: 39 filed by the company and 1 filed against it. 4 are pending.
Visrutha Kuries was incorporated on 11 April 1994, making it 32+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Visrutha Kuries by revenue are Byzoo Nidhi Limited, Suryodaya Urban Nidhi Limited, People's Thrift and Chit Funds Private Limited, Ankit Micro Finance, Palani Chit Funds Private Limited and 2 more, all in the BFSI industry (Micro Finance), with the same principal business activity (other financial activities).
Vadakoot Chummar Johny ceased to be Director on 18 Dec 2020. Subramanian Chennamkulangara Sankaran ceased to be Director on 26 Sep 2015. Jolly Thomas Kakkassery ceased to be Director on 02 Dec 2013. Visrutha Kuries has 19 board changes on record in total.
The registered office of Visrutha Kuries is at Abshar Trade Centrepoothole Road, Thrissur, Kerala, India – 680004.
Visrutha Kuries operates in the financial services industry, in the financial activities segment.
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