About Vivardhana Microfinance Limited
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Vivardhana Microfinance Limited is a public limited company based in Chennai, Tamil Nadu, India. It operates in the non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 19 May 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U65999TN2017PLC116613. Its GSTIN is 33AAFCV9276R1ZC (Tamil Nadu).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹5 Cr. It is led by directors including Eswaran Natesa Sastry (Managing Director) and Sudha Ravichandran.
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 Flat No E – 7 Shanthi Apartments Door No 4 Appu Mudali Street Mylapore, Chennai, Tamil Nadu, India – 600004.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.51 Cr, a decline of 62% compared to the previous year. For the same year it recorded a net loss of ₹4.8 Cr (net margin -319%) and EBITDA of -₹3.66 Cr (EBITDA margin -243.3%). Revenue has declined at a compounded annual rate (CAGR) of 15% over three years and 5% over five years.
The company is associated with 1 brand: Vivardhana Microfinance Limited. As per MCA filings, the company has open charges of ₹5.49 Cr and satisfied charges of ₹29.99 Cr on record. Court records list 36 cases involving the company, including 36 filed by the company; 12 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vivardhanamfl.co.in.
Company details
Contact details
Vivardhana Microfinance Limited's registered office is in Chennai, Tamil Nadu. Its website is vivardhanamfl.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressFlat No E – 7 Shanthi Apartments Door No 4 Appu Mudali Street Mylapore, Chennai, Tamil Nadu, India – 600004
- IndustryFinancial Services, NBFC, Microfinance Institutions
To see the full contact details of Vivardhana Microfinance 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
Brands
Vivardhana Microfinance operates one associated brand: Vivardhana Microfinance Limited. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Microfinance services are offered in Tamilnadu and Puducherry. | vivardhanamfl.co.in |
Business activity
The main business activity of Vivardhana Microfinance 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 Vivardhana Microfinance Limited, buy the company report.
Financials of Vivardhana Microfinance Limited
FY 2025 filings availableVivardhana Microfinance Limited reported revenue of ₹1.51 Cr (down 62% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 5% over five years, including a 62% fall in the latest year. EBITDA fell 244% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹3.66 Cr | ||||
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| Net Profit (PAT) | -₹4.8 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | -243.3% | ||||
| Net Profit Margin | -319% | ||||
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To see the full financial statements and ratios of Vivardhana Microfinance Limited, buy the company report.
Board of directors of Vivardhana Microfinance Limited
Vivardhana Microfinance has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sudha Ravichandran | Director | 19 May 2017 | 9 Years 5 Months | Current |
| Venkatachalam Ravichandran | Director | 30 Jan 2023 | 3 Years 9 Months | Current |
| Eswaran Natesa Sastry Also directs: Ind Fund Management Ltd | Managing Director | 19 May 2017 | 9 Years 5 Months | Current |
Peer comparison
Vivardhana Microfinance Limited is compared with the 5 companies closest to it by revenue in the BFSI industry (Micro Finance Institutions, Small Non Deposit NBFC), 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 |
|---|---|---|---|---|---|---|
| Savantika Vanijya Private Limited | ₹1.51 Cr (FY 2024) | 20.0% | Gmc, Assam, India | |||
| FFPL Finserv Private Limited | ₹1.51 Cr (FY 2025) | -33.0% | Navi Mumbai, Maharashtra, India | |||
| Surendra Trexim Pvt Ltd | ₹1.51 Cr (FY 2024) | -54.0% | Kolkata, West Bengal, India | |||
| Vivardhana Microfinance Limitedthis company | ₹1.51 Cr (FY 2025) | -₹4.8 Cr | -319% | -62.0% | Chennai, Tamil Nadu, India | |
| Adwita Finvest Private Limited | ₹1.51 Cr (FY 2025) | -42.0% | Kolkata, West Bengal, India | |||
| Minda Finance Limited | ₹1.5 Cr (FY 2019) | -67.0% | Manesar, Haryana, India |
To see the full peer comparison of Vivardhana Microfinance Limited, buy the company report.
Auditor
Vivardhana Microfinance Limited is audited by SUNDAR SRINI & SRIDHAR for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SUNDAR SRINI & SRIDHAR | FY 2023 | 004201S |
Shareholding
The shareholding of Vivardhana Microfinance Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Vivardhana Microfinance Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Sep 2024 | 101011842 | Idbi Trusteeship Services Limited | ₹1.37 Cr | Open | |
| 01 Jul 2024 | 100968623 | Idbi Trusteeship Services Limited | ₹52 Lakh | Open | |
| 16 Feb 2024 | 100914813 | Idbi Trusteeship Services Limited | ₹59.5 Lakh | Open | |
| 31 Dec 2021 | 100527667 | City Union Bank Limited | ₹1 Cr | Open | |
| 03 Sep 2021 | 100484310 | Others | ₹2 Cr | Open |
To see the full charge records of Vivardhana Microfinance Limited, buy the company report.
Total charge records: 26 View all charges
Legal cases
Vivardhana Microfinance Limited has 36 court cases on record: 36 filed by Vivardhana Microfinance. 12 cases are pending and 24 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 36 | 0 | 12 |
Cases on record (5 of 36)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Sivagangai, Tamil Nadu | Civil suit | Filed by the company against Rajeshwari | Disposed |
| District court, Puducherry | Civil suit | Filed by the company against Rajalakshmi | Disposed |
| District court, Puducherry | Civil suit | Filed by the company against an individual | Pending |
| District court, Puducherry | Civil suit | Filed by the company against an individual | Pending |
| District court, Puducherry | Civil suit | Filed by the company against an individual | Pending |
To see the full case history of Vivardhana Microfinance 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 Vivardhana Microfinance Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Vivardhana Microfinance has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAFCV9276R1ZC | Tamil Nadu | Active | 14 Apr 2018 |
To see the full GST registrations and return filing status of Vivardhana Microfinance Limited, buy the company report.
Recent activity
Vivardhana Microfinance Limited has 10 board changes on record since 2017: 3 appointments and 7 cessations. The latest: Dilip Vishnu Deshpande ceased to be Additional Director on 25 Sep 2024.
49 earlier events are in the company report.
Frequently asked questions
Vivardhana Microfinance is an active public limited company based in Chennai, Tamil Nadu, India. The company works in nbfc, within the financial services industry. It was incorporated on 19 May 2017 (9+ years old) and is registered under CIN U65999TN2017PLC116613.
Vivardhana Microfinance has 3 current directors:
- Eswaran Natesa Sastry - Managing Director
- Sudha Ravichandran - Director
- Venkatachalam Ravichandran - Director
The latest financial statements of Vivardhana Microfinance on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Vivardhana Microfinance is 33AAFCV9276R1ZC, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Vivardhana Microfinance is U65999TN2017PLC116613. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vivardhana Microfinance has 36 court cases on record: 36 filed by the company. 12 are pending.
Vivardhana Microfinance was incorporated on 19 May 2017, making it 9+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Vivardhana Microfinance by revenue are Savantika Vanijya Private Limited, FFPL Finserv Private Limited, Surendra Trexim Pvt Ltd, Adwita Finvest Private Limited, Minda Finance Limited, all in the BFSI industry (Micro Finance Institutions, Small Non Deposit NBFC), with the same principal business activity (other financial activities).
Dilip Vishnu Deshpande ceased to be Additional Director on 25 Sep 2024. Venkatachalam Ravichandran ceased to be Additional Director on 28 Sep 2023. Venkatachalam Ravichandran was appointed as Director on 30 Jan 2023. Vivardhana Microfinance has 10 board changes on record in total.
Vivardhana Microfinance can be reached through the website vivardhanamfl.co.in. Its registered office is in Chennai, Tamil Nadu, India.
The registered office of Vivardhana Microfinance is at Flat No E – 7 Shanthi Apartments Door No 4 Appu Mudali Street Mylapore, Chennai, Tamil Nadu, India – 600004.
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