Navarathna Housing Finance Profile
Key Indicators
- Authorised Capital ₹ 30.50 Cr
- Paid Up Capital ₹ 23.21 Cr
- Company Age 10 Year, 1 Month
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 11.00 Cr
- Satisfied Charges ₹ 9.00 M
- Revenue Growth 87.89%
- Profit Growth 109.93%
- Ebitda 135.29%
- Net Worth 62.87%
- Total Assets 68.93%
About Navarathna Housing Finance
Navarathna Housing Finance Limited (NHFL) is a leading Public Limited Indian Non-Government Company incorporated in India on 17 April 2015 and has a history of Ten years and one month. Its registered office is in Chennai, Tamil Nadu, India.
The Company is engaged in the Financial Services Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 30.50 Cr and a paid-up capital of Rs 23.21 Cr.
The company currently has active open charges totaling ₹11.00 Cr. The company has closed loans amounting to ₹9.00 M, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Navarathna Housing Finance Limited India is Cheruvattu Riju as COMPANY SECRETARY. Chokkalingam Palaniappan, Devikala Venkatkumar, Sockalingam Thirunavukarasu, and Three other members serve as directors at the Company.
Company Details
- Location
Chennai, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U65922TN2015PLC100156
- Company No.
100156
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
17 Apr 2015
- Date of AGM
19 Jul 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Financial Services
Navarathna Housing Finance Limited
Explore comprehensive data for Navarathna Housing Finance Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Navarathna Housing Finance?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Chokkalingam Palaniappan  | Managing Director | 17-Apr-2015 | Current |
| Cheruvattu Riju | Company Secretary | 05-Sep-2023 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sockalingam Thirunavukarasu | Director | 26-Jun-2023 | Current |
| Devikala Venkatkumar | Director | 31-Aug-2019 | Current |
| Thirupathi Manonmani | Director | 17-Apr-2015 | Current |
| Palaniappan Alagappan | Director | 25-Dec-2015 | Current |
| Balamurugan Neelamegam | Additional Director | 23-Sep-2024 | Current |
Financial Performance of Navarathna Housing Finance.
Navarathna Housing Finance Limited, for the financial year ended 2024, experienced significant growth in revenue, with a 87.89% increase. The company also saw a substantial improvement in profitability, with a 109.93% increase in profit. The company's net worth Soared by an impressive increase of 62.87%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Navarathna Housing Finance?
In 2024, Navarathna Housing Finance had a promoter holding of 40.97% and a public holding of 59.02%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Prakala Wealth Private LimitedChokkalingam Palaniappan is a mutual person
Kuvera Real Assets And Consulting Private LimitedDevikala Venkatkumar is a mutual person
- Pioneer Horizon Solutions Private Limited
Sockalingam Thirunavukarasu is a mutual person
- Anchorage Finkred Private Limited
Balamurugan Neelamegam is a mutual person
Charges (Loans)
Open Charges
₹11.00 Cr
Satisfied Charges
₹0.90 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 11.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Aug 2023 | State Bank Of India | ₹5.00 Cr | Open |
| 14 Sep 2022 | State Bank Of India | ₹3.00 Cr | Open |
| 14 Sep 2021 | State Bank Of India | ₹3.00 Cr | Open |
| 06 Jan 2020 | Others | ₹5.00 M | Satisfied |
| 25 Feb 2019 | Others | ₹4.00 M | Satisfied |
How Many Employees Work at Navarathna Housing Finance?
Navarathna Housing Finance has a workforce of 20 employees as of Apr 13, 2025. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Navarathna Housing Finance, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Navarathna Housing Finance's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
Latest Updates, News, and FAQs on Navarathna Housing Finance
Recent activity within the organization
- Director Appointment
Balamurugan Neelamegam was appointed as a Additional Director was appointed as a Additional Director on 23 Sep 2024 & has been associated with this company since 8 months .
- Annual General Meeting
Navarathna Housing Finance Limited last Annual general meeting of members was held on 19 Jul 2024 as per latest MCA records.
- Balance Sheet
Navarathna Housing Finance Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
- Director Appointment
Cheruvattu Kuni Riju was appointed as a Company Secretary was appointed as a Company Secretary on 05 Sep 2023 & has been associated with this company since 1 year 8 months .
- Charges
A charge with State Bank Of India amounted to Rs. 5.00 Cr with Charge ID 100784299 was registered on 31 Aug 2023.
- Director Appointment
Sockalingam Thirunavukarasu was appointed as a Director was appointed as a Director on 26 Jun 2023 & has been associated with this company since 1 year 10 months .
Frequently asked questions
What is the Incorporation or founding date of Navarathna Housing Finance Limited?
Navarathna Housing Finance Limited was incorporated on 17 Apr 2015.
What is authorized share capital and paid-up capital of Navarathna Housing Finance Limited?
The authorized share capital of Navarathna Housing Finance Limited is ₹ 30.50 Cr and paid-up capital is ₹ 23.21 Cr.
Who are the current board members & directors of Navarathna Housing Finance Limited?
Currently 7 directors are associated with Navarathna Housing Finance Limited.
- Chokkalingam Palaniappan
- Devikala Venkatkumar
- Sockalingam Thirunavukarasu
- Cheruvattu Kuni Riju
- Thirupathi Ramanathan Manonmani
- Palaniappan Alagappan
- Balamurugan Neelamegam
What is the registered address of Navarathna Housing Finance Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Navarathna Housing Finance Limited is First Floor 2/102, Third Street Karpagam Avenue Ra Puram India, Chennai, Tamil Nadu, 600028.
What is the corporate identification number (CIN) and company number of Navarathna Housing Finance Limited?
The corporate identification number (CIN) of Navarathna Housing Finance Limited is U65922TN2015PLC100156 and the company number is 100156 as per Ministry of Corporate Affairs (MCA).
What is the official website of Navarathna Housing Finance Limited?
The Official website of Navarathna Housing Finance Limited is https://www.navarathnahousing.com
What has been the recent revenue trend for Navarathna Housing Finance Limited?
According to the financial reports for the fiscal year 2024, the revenue trend for Navarathna Housing Finance Limited has risen by 87.89%.
How many employees does Navarathna Housing Finance Limited currently have?
As Per 2024 financial reports, 20 employees are currently employed by Navarathna Housing Finance Limited.
What change has been observed in the net worth of Navarathna Housing Finance Limited, and by what percentage?
The financial reports for the fiscal year 2024 indicates that The net worth of Navarathna Housing Finance Limited has experienced an upsurge of 62.87%.
What are the total open charges for Navarathna Housing Finance Limited?
As per the financial statements for fiscal Year 2024, The total open charges for Navarathna Housing Finance Limited amount to ₹ 11.00 Cr.
When was the last Balance Sheet of Navarathna Housing Finance Limited filed with the ROC?
The most recent Balance Sheet for Navarathna Housing Finance Limited was filed with the ROC on 31 Mar 2024.
Unlock Business Insights – Explore Instantly!
Search company & director profiles for free and gain access to critical business data.
- 3.1M+ Companies
- 15M+ Legal Cases
- 525K+ Credit Ratings
- 5.8M+ Directors & KMP
- 750K+ Regulatory Alerts
- 1.1M+ Companies' Financial Records
People also Viewed
AM
Arunachalam MuthuramanDirectorVS
Veerappan SomaiahDirectorMR
Meenakshisundaram RamanathanDirector
Similar Companies Based on Housing Finance Companies
Tata Capital Housing Finance Limited Mumbai, Maharashtra, India
Housing And Urban Development Corporation Limited Delhi, India
Lic Housing Finance Ltd Mumbai, Maharashtra, India
Pnb Housing Finance Limited New Delhi, India
Can Fin Homes Limited Bangaluru, Karnataka, India
Piramal Capital & Housing Finance Limited Mumbai, Maharashtra, India
Bajaj Housing Finance Limited Pune, Maharashtra, India