Mfc Chits Private Limited - Due diligence report

A 360° intelligence report on Mfc Chits Private Limited: trust score, financial health, credit view, compliance, directors, growth and distr…

1997-06-13 Mysore, Karnataka Active Unlisted Active Compliant
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Mfc Chits Private Limited — 360° Intelligence Report

Generated from MCA filings & public records
85/100
Trust Score
Low Risk

Mfc Chits Private Limited is assessed as Low Risk with a Trust Score of 85/100. Mfc Chits Private Limited is an active private limited indian non-government company incorporated in 1997, operating in the Financial Services sector. Reported revenue has declined across its recent filed years. It was profitable in its latest filed year. Based on MCA filings and public records, it currently shows a low compliance risk and low financial risk profile.

Report generated on 07 Oct 2026 from the latest processed filings. Mfc Chits Private Limited snapshot & full profile →

Financial Health › Strong
Overall Assessment CautionWeakNeutralGoodStrong Strong
Compliance › Strong

Automated indicators derived from public MCA / GST / EPFO records - not a credit rating, not investment, legal or financial advice. Spotted an inaccuracy? Report an error.

02

Score Card

Higher is safer · rule-based & explainable
Trust ScoreLow Risk
85/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreLow Risk
88/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreLow Risk
75/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreCaution Indicated
30/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreLow Risk
95/100
Board strength, DIN status, churn and network.
Growth ScoreModerate
70/100
Revenue, profit, asset and hiring momentum.
Distress ScoreLow Risk
80/100
Early-warning signals - higher means fewer warnings.
03

Financial Intelligence Dashboard

Standalone · 5 filed year(s)

Unlock the full 5-year financial dashboard with charts and year-wise figures.

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Scores and observations on this page are already computed from the real filings - only the underlying figures are locked.

04

Credit & Compliance Intelligence

Why the scores are what they are
Credit Risk Score: 30/100 Caution Indicated
  • Liabilities ≈ 38% EBITDA - stretched.
  • Open charges exceed net worth - secured lenders rank ahead.
  • Elevated gearing (D/E 1.42).
  • Profitable - internal accruals available.

Charges position: 1 open (9.00 Lakh) · 0 satisfied (-).

Banking relationships (from registered charges)
LenderChargesAmount
Lakshmi Vilas Bank Limited1 48.0 cr
Compliance Score: 88/100 Low Risk
  • Company status is Active as per MCA.
  • Balance sheet slightly behind (Mar 2025).
05

Director Intelligence

Stability score: 95/100
NameDIN / PANDesignationAppointedTenureDIN status
NAGENDRA KUMAR SATHYANARAYANASETTY 01234567 Director 01/04/2018 6 yrs Approved
BINDUMALYAM RANGANATHASETTY NAGESHA 01234567 Director 01/04/2018 6 yrs Approved
BINDUVALAM ASHOKKUMAR VIJAYALAKSHMI 01234567 Director 01/04/2018 6 yrs Approved
HEBBUR RAVIKUMAR LALITHA RAVIKUMAR 01234567 Director 01/04/2018 6 yrs Approved
VENKATARAMANASWAMYSETTY 01234567 Director 01/04/2018 6 yrs Approved
SUDHA GIRISH 01234567 Director 01/04/2018 6 yrs Approved
  • 6 directors on the board.
  • No disqualified or deactivated DINs.
  • Stable board - no exits in 3 years.
  • Average tenure above 5 years.
Director & KMP remuneration (FY 2021)
NameDesignationTotal remuneration
A K SharmaManaging Director2.4 cr
R MehtaWhole-time Director1.6 cr
S IyerCFO95.0 L

Remuneration is disclosed in the latest annual return. Unlock full report

06

Ownership & Group Intelligence

As per FY 2023 annual return
Promoter holding
64.27%
Public / other holding
35.73%
Equity shares
12,45,67,890
Equity paid-up
124.5 cr
Promoters on record
4
Ultimate holding entity
-
Subsidiaries
-
Group entities
-
Capital events
1 allotment(s) · 0 transfer(s)

Promoters hold a dominant controlling stake - exact percentages are part of the full report.

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 70 · Distress 80
Growth signals & trust indicators
Latest year revenue grew 2.1x.
Profit expanded 24% year-on-year.
Asset base grew 0.86 - capacity expansion.
Net margin improved to 61%.
Operating for 29+ years.
Distress signals & risk flags
Outside liabilities up 38% in a year.
1 open charge(s) registered - assets are encumbered.
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence85/100
Favourable indicators
Suitability as a supplier / customer counterparty.
  • Statutory record is clean.
  • 1 distress signal(s) - see Risk Center.
  • Financial filings available for verification.
Banker assessment58/100
Mixed indicators - deeper appraisal suggested
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • 1 open charge(s) of 9.00 Lakh already registered.
  • Compliance record supports lending.
Investor view76/100
Positive growth indicators
Growth quality and scalability through an investor lens.
  • 4 growth signal(s) detected.
  • Margin and return trends computable from filings.
  • Management team looks stable.
09

MCA Filings & Events Timeline

Latest 15 events
30 Sep 2025
Last AGM held
Annual general meeting
31 Mar 2025
Latest balance sheet
Filed with ROC
30 Nov 2021
Director ceased
BINDUMALYAM RANGANATHASETTY NAGESHA
20 Nov 2020
Director appointed
NAGENDRA KUMAR SATHYANARAYANASETTY (Director)
10 Nov 2020
Securities allotted
2440 Equity Shares - 2.44 Lakh raised
13 May 2019
Charge created
Lakshmi Vilas Bank Limited - 9.00 Lakh
15 Jul 2018
Director ceased
GAYATHRI SATYA
Director ceased
PURUSHOTHAMA SHIVALINGAIAH
Director ceased
SRINATHA SURYANARAYANA VAKKALAGANTI
Director ceased
MAKAM NAGARAJGUPTHA SURYANARAYANGUPTHA
Director ceased
HASSAN RANGASETTY VENKATASUBBASETTY
15 Dec 2017
Director ceased
PANDURANGA KRISHNAIAH KOMARLA
30 Sep 2016
Director appointed
HEBBUR RAVIKUMAR LALITHA RAVIKUMAR (Director)
Director appointed
VENKATARAMANASWAMYSETTY (Director)
02 Dec 2014
Director appointed
BINDUMALYAM RANGANATHASETTY NAGESHA (Director)
10

Key Observations

Auto-generated from the data above
Revenue declined 1.42 over the last 4 financial year(s).
Net profit margin moved from 2.1x to 24%.
Debt-to-equity stands at 0.86 - leverage worth monitoring.
Net worth is positive.
Compliance record is strong - status, filings and flags are clean.
6 active director(s) / partner(s); board looks stable and experienced.
Promoters hold a dominant controlling stake as per the FY 2023 annual return.
Director / KMP remuneration is disclosed in the latest annual return - exact figures available in the full report.
Capital has been raised through 1 security allotment(s) - amounts available in the full report.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Adithya Tech Park Private Limited U74999KA2019PTC130791 Mysore, Karnataka
ASTROTOPPEX TECH SOLUTIONS LLP AAT-1182 Mysore, Karnataka
Starnel Consulting & Engineering Private Limited U74140KA2013PTC069880 Mysore, Karnataka
GLADY TOURS AND TRAVELS LLP ABZ-3701 Mysore, Karnataka
Mysuru Engineering Services Private Limited U74999KA2021PTC151389 Mysore, Karnataka
OMTECH SYSTEMS PRIVATE LIMITED U72900KA2000PTC026891 Mysore, Karnataka
Shivas Hotels India Private Limited U55209KA2019PTC130779 Mysore, Karnataka
PRANAH FOOD TECH LLP AAS-9428 Mysore, Karnataka
Webplug Technologies Private Limited U72900KA2012PTC066818 Mysore, Karnataka
Nagu Builders And Developers Private Limited U45400KA2020PTC141632 Mysore, Karnataka
12

Who Uses This Report

CA · CS · Banker · Investor · Vendor
Chartered Accountants (CA)

Verify Mfc Chits Private Limited before audits and certifications: compliance score 88/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Mfc Chits Private Limited: ACTIVE compliance status, annual-return recency, director DIN status, board churn and the events timeline - the inputs for secretarial audits and due-diligence certificates.

Bankers & NBFCs

Current banker verdict: Mixed indicators - deeper appraisal suggested. Credit risk score 30/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.

Investors & Analysts

Investor view: Positive growth indicators. Growth score 70/100, margin trends, ownership structure and peer set for Mfc Chits Private Limited - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Favourable indicators. Trust score 85/100, distress signals and MSME payment-delay disclosures - know whether Mfc Chits Private Limited pays its suppliers before you extend credit terms.

Lawyers & Compliance Teams

Litigation footprint (no cases on record), regulatory flags, charge documents trail and director networks for Mfc Chits Private Limited - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Mfc Chits Private Limited an active company?

Mfc Chits Private Limited has MCA status “Active” with a compliance score of 88/100 (Low Risk).

Is Mfc Chits Private Limited financially healthy?

Mfc Chits Private Limited has a Financial Health Score of 75/100 (Low Risk) based on its filed financial statements.

Should I do business with Mfc Chits Private Limited?

Its overall Trust Score is 85/100 (Low Risk). Vendor verdict: Favourable indicators. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Mfc Chits Private Limited?

Promoters hold a dominant controlling stake - exact percentages are in the full report. 6 active director(s) are on record.

Does Mfc Chits Private Limited have loans or charges against its assets?

1 open charge(s) are registered against its assets.

Is Mfc Chits Private Limited up to date with its ROC filings?

Balance sheet slightly behind (Mar 2025). Overall compliance score: 88/100 (Low Risk).

Is it risky to lend to Mfc Chits Private Limited?

Its Credit Risk Score is 30/100 (Caution Indicated). Banker verdict: Mixed indicators - deeper appraisal suggested.

Disclaimer: This report is generated automatically from MCA filings and public records as available in our system at the time of the last update. Scores, bands and verdicts are rule-based derived indicators of the underlying data - they are opinions generated by an algorithm, not statements of fact about the company, and are not credit ratings (within the meaning of SEBI regulations), audits, or investment, legal or financial advice. Verify from official sources and consult a qualified professional before any business, lending or investment decision. If you represent this company and believe any information is inaccurate or outdated, report it here and we will review promptly.