
Waltair Chit Fund Private Limited
About Waltair Chit Fund Private Limited
Data last updated:
Waltair Chit Fund Private Limited is a private limited company based in Visakhapatnam, Andhra Pradesh, India. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 04 October 1980 and has been in existence for over 46 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U65992AP1980PTC002795. Its GSTIN is 37AAACW3609E1ZI (Andhra Pradesh).
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹14.8 Lakh. It is led by directors Sitaramaraju Kosuru (Managing Director) and Moturu Appalaraju.
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 47 – 7 – 24 Seshu Apartments Dwarakanagar Visakhapatnam, Andhra Pradesh, India – 530016.
As per the financials filed for FY 2022, the company reported a revenue of ₹76.47 Lakh, a decline of 9% compared to the previous year. For the same year it recorded a net profit of ₹8.67 Lakh (net margin 11.3%) and EBITDA of ₹14.44 Lakh (EBITDA margin 18.9%). Revenue has declined at a compounded annual rate (CAGR) of 8% over three years and 2% over five years.
As per MCA filings, the company has open charges of ₹4.79 Lakh on record. Court records list 13 cases involving the company, including 12 filed by the company and 1 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Waltair Chit Fund Private Limited's registered office is in Visakhapatnam, Andhra Pradesh. Its e-mail address is in the company report.
- Email
- Registered Address47 – 7 – 24 Seshu Apartments Dwarakanagar Visakhapatnam, Andhra Pradesh, India – 530016
- IndustryFinancial Services, Microfinance Institutions
To see the full contact details of Waltair Chit Fund 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
Financials of Waltair Chit Fund Private Limited
FY 2025 filings availableWaltair Chit Fund Private Limited reported revenue of ₹76.47 Lakh (down 9% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 2% over five years, including a 9% fall 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 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 | ₹76.47 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹14.44 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹8.67 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
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 18.9% | ||||
| Net Profit Margin | 11.3% | ||||
| 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 | |||||
To see the full financial statements and ratios of Waltair Chit Fund Private Limited, buy the company report.
Board of directors of Waltair Chit Fund Private Limited
Waltair Chit Fund has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sitaramaraju Kosuru | Managing Director | 04 Oct 1980 | 46 Years 1 Months | Current |
| Moturu Appalaraju | Director | 04 Oct 1980 | 46 Years 1 Months | Current |
Auditor
Waltair Chit Fund Private Limited is audited by MURTHY & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MURTHY & ASSOCIATES | FY 2021 | 014085S |
Shareholding
The shareholding of Waltair Chit Fund Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Waltair Chit Fund Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Aug 2001 | 90126436 | State Bank of Hyderabad | ₹3 Lakh | Open | |
| 31 May 1995 | 90125886 | State Bank of Hyderabad | ₹1.79 Lakh | Open |
Total charge records: 2 View all charges
Legal cases
Waltair Chit Fund Private Limited has 13 court cases on record: 12 filed by Waltair Chit Fund, 1 filed against it. 1 case is pending and 12 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 13 | 1 | 1 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Visakapatnam, Andhra Pradesh | Execution petition | Filed by the company against an individual | Pending |
| District court, Visakapatnam, Andhra Pradesh | Execution petition | Filed by the company against an individual | Disposed |
| District court, Visakapatnam, Andhra Pradesh | Execution petition | Filed by the company against individuals | Disposed |
| District court, Visakapatnam, Andhra Pradesh | Civil suit | Filed by the company against individuals | Disposed |
| District court, Visakapatnam, Andhra Pradesh | Execution petition | Filed by the company against an individual | Disposed |
To see the full case history of Waltair Chit Fund 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 Waltair Chit Fund Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Waltair Chit Fund has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AAACW3609E1ZI | Andhra Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Waltair Chit Fund Private Limited, buy the company report.
Recent activity
Waltair Chit Fund Private Limited has 5 board changes on record since 1980: 2 appointments and 3 cessations. The latest: Annapurna Kosuru ceased to be Director on 27 Mar 2021.
Frequently asked questions
Waltair Chit Fund is an active private limited company based in Visakhapatnam, Andhra Pradesh, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 04 October 1980 (46+ years old) and is registered under CIN U65992AP1980PTC002795.
Waltair Chit Fund has 2 current directors:
- Sitaramaraju Kosuru - Managing Director
- Moturu Appalaraju - Director
The latest financial statements of Waltair Chit Fund 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 Waltair Chit Fund is 37AAACW3609E1ZI, registered in Andhra Pradesh.
The CIN (Corporate Identification Number) of Waltair Chit Fund is U65992AP1980PTC002795. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Waltair Chit Fund has 13 court cases on record: 12 filed by the company and 1 filed against it. 1 is pending.
Waltair Chit Fund was incorporated on 04 October 1980, making it 46+ years old. It is registered with the Registrar of Companies, Vijayawada.
Annapurna Kosuru ceased to be Director on 27 Mar 2021. Motoru Rajeswari ceased to be Director on 27 Mar 2021. Mangayya Kovuluri ceased to be Director on 29 Sep 2012. Waltair Chit Fund has 5 board changes on record in total.
The registered office of Waltair Chit Fund is at 47 – 7 – 24 Seshu Apartments Dwarakanagar Visakhapatnam, Andhra Pradesh, India – 530016.
Waltair Chit Fund operates in the financial services industry, in the microfinance institutions segment.

