Yadugiri Chits Private Limited
About Yadugiri Chits Private Limited
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Yadugiri Chits Private Limited is a private limited company based in Mysore, Karnataka, India. It operates in the financial intermediation and lending segment of the financial services sector. It was incorporated on 03 October 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U65992KA2013PTC071261.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Venkategowda Krishnegowda and Hosakote Shivarame Gowda Manjunath.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at No.4 7th Main Road Gokulam 3rd Stage, Mysore, Karnataka, India – 570002.
As per the financials filed for FY 2019, the company reported a revenue of ₹47,519, a decline of 76% compared to the previous year. For the same year it recorded a net loss of ₹1.07 Lakh (net margin -225.1%) and EBITDA of -₹85,481 (EBITDA margin -179.9%). Revenue has grown at a compounded annual rate (CAGR) of 53% over three years and 13% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Yadugiri Chits Private Limited's registered office is in Mysore, Karnataka. Its e-mail address is in the company report.
- Email
- Registered AddressNo.4 7th Main Road Gokulam 3rd Stage, Mysore, Karnataka, India – 570002
- IndustryFinancial Services, Other Financial Intermediation, Kuri Companies, Chit Fund
To see the full contact details of Yadugiri 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 Yadugiri 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 Yadugiri Chits Private Limited, buy the company report.
Financials of Yadugiri Chits Private Limited
FY 2019 filings availableYadugiri Chits Private Limited reported revenue of ₹47,519 (down 76% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue fell 76% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 13%. EBITDA fell 115% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹47,519 | ||||
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| Total Expenses | |||||
| EBITDA | -₹85,481 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.07 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -179.9% | ||||
| Net Profit Margin | -225.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Yadugiri Chits Private Limited, buy the company report.
Board of directors of Yadugiri Chits Private Limited
Yadugiri Chits has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Venkategowda Krishnegowda | Director | 03 Oct 2013 | 13 Years 0 Months | Current |
| Hosakote Shivarame Gowda Manjunath | Director | 03 Oct 2013 | 13 Years 0 Months | Current |
Peer comparison
Yadugiri Chits Private Limited is compared with the 5 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 |
|---|---|---|---|---|---|---|
| Kisaan Micro Finance Foundation | ₹48,000 (FY 2018) | 48.0% | Palamu, Jharkhand, India | |||
| Rajabogam Chit Funds Private Limited | ₹47,900 (FY 2021) | Thanjavur, Tamil Nadu, India | ||||
| Lakshmikrupa Urban Nidhi Limited | ₹47,790 (FY 2024) | Malsras, Maharashtra, India | ||||
| Yadugiri Chits Private Limited this company | ₹47,519 (FY 2019) | -₹1.07 Lakh | -225.1% | -76.0% | Mysore, Karnataka, India | |
| Freedom Kuri Private Limited | ₹47,172 (FY 2024) | -94.0% | Pune, Maharashtra, India | |||
| Aroma Chits (Kerala) Private Limited | ₹46,080 (FY 2025) | -9.0% | Pathanamthitta, Kerala, India |
To see the full peer comparison of Yadugiri Chits Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Yadugiri Chits Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Yadugiri Chits Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Yadugiri Chits Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Yadugiri Chits Private Limited has 4 board changes on record since 2013: 3 appointments and 1 cessation. The latest: Nottath Vasudevan Anil Kumar ceased to be Director on 20 Nov 2013.
Frequently asked questions
Yadugiri Chits is an active private limited company based in Mysore, Karnataka, India. The company works in other financial intermediation, within the financial services industry. It was incorporated on 03 October 2013 (13+ years old) and is registered under CIN U65992KA2013PTC071261.
Yadugiri Chits has 2 current directors:
- Venkategowda Krishnegowda - Director
- Hosakote Shivarame Gowda Manjunath - Director
The latest financial statements of Yadugiri Chits on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Yadugiri Chits is U65992KA2013PTC071261. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yadugiri Chits was incorporated on 03 October 2013, making it 13+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Yadugiri Chits by revenue are Kisaan Micro Finance Foundation, Rajabogam Chit Funds Private Limited, Lakshmikrupa Urban Nidhi Limited, Freedom Kuri Private Limited, Aroma Chits (Kerala) Private Limited, all in the BFSI industry (Micro Finance), with the same principal business activity (other financial activities).
Nottath Vasudevan Anil Kumar ceased to be Director on 20 Nov 2013. Hosakote Shivarame Gowda Manjunath was appointed as Director on 03 Oct 2013. Nottath Vasudevan Anil Kumar was appointed as Director on 03 Oct 2013. Yadugiri Chits has 4 board changes on record in total.
The registered office of Yadugiri Chits is at No.4 7th Main Road Gokulam 3rd Stage, Mysore, Karnataka, India – 570002.
Yadugiri Chits operates in the financial services industry, in the other financial intermediation segment.
The compliance status of Yadugiri Chits is compliant as of 04 July 2026. The company is actively filing with the Registrar of Companies.
Yadugiri Chits can be reached at its registered office: No.4 7th Main Road Gokulam 3rd Stage, Mysore, Karnataka, India – 570002.