Devdhara Nidhi Limited
About Devdhara Nidhi Limited
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Devdhara Nidhi Limited is a nidhi company based in Jaipur, Rajasthan, India. It operates in the financial intermediation and lending segment of the financial services sector. It was incorporated on 24 February 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U65900RJ2020PLN068350.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Yogesh Garg and Maliram Kumawat.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Plot No 28 Devdhara Colony, Jaipur, Rajasthan, India – 302013.
As per the financials filed for FY 2024, the company reported a revenue of ₹97,685, a decline of 88% compared to the previous year. For the same year it recorded a net loss of ₹16,560 (net margin -17%) and EBITDA of ₹59,629 (EBITDA margin 61%). Revenue has declined at a compounded annual rate (CAGR) of 8% over three years.
Company details
Contact details
Devdhara Nidhi Limited's registered office is in Jaipur, Rajasthan.
- Registered AddressPlot No 28 Devdhara Colony, Jaipur, Rajasthan, India – 302013
- IndustryFinancial Services, Other Financial Intermediation
- 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 Devdhara Nidhi is financial and insurance service. In detail, this covers financial and credit leasing activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K5 | Financial and Credit leasing activities |
To see the full business activity and turnover split of Devdhara Nidhi Limited, buy the company report.
Financials of Devdhara Nidhi Limited
FY 2024 filings availableDevdhara Nidhi Limited reported revenue of ₹97,685 (down 88% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 8% over three years, including a 88% fall in the latest year. EBITDA rose 130% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹59,629 | ||||
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| Net Profit (PAT) | -₹16,560 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 61% | ||||
| Net Profit Margin | -17% | ||||
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To see the full financial statements and ratios of Devdhara Nidhi Limited, buy the company report.
Board of directors of Devdhara Nidhi Limited
Devdhara Nidhi has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Yogesh Garg | Director | 24 Feb 2020 | 6 Years 8 Months | Current |
| Maliram Kumawat | Director | 24 Feb 2020 | 6 Years 8 Months | Current |
| Shanker Lal Kumawat | Director | 24 Feb 2020 | 6 Years 8 Months | Current |
Peer comparison
Devdhara Nidhi Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (financial and credit leasing activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Suncity Distributors Private Limited | ₹1 Lakh (FY 2022) | 149.0% | Kolkata, West Bengal, India | |||
| Frontier Sales Private Limited | ₹1 Lakh (FY 2022) | 144.0% | Kolkata, West Bengal, India | |||
| Richlife Family Nidhi Limited | ₹99,300 (FY 2019) | 301.0% | Samastipur, Bihar, India | |||
| R N Tripathy Management Consultancy Private Limited | ₹98,729 (FY 2025) | -58.0% | Bhubaneswar, Odisha, India | |||
| Tulip Finance Limited | ₹98,000 (FY 2016) | -41.0% | Delhi, India | |||
| Devdhara Nidhi Limitedthis company | ₹97,685 (FY 2024) | -₹16,560 | -17% | -88.0% | Jaipur, Rajasthan, India | |
| Shubash Chandra Nidhi Limited | ₹95,088 (FY 2022) | 47.0% | Varanasi, Uttar Pradesh, India | |||
| Tarun Finlease Private Limited | ₹94,660 (FY 2024) | -1.0% | New Delhi, Delhi, India | |||
| Ahuja Leasing & Investments Pvt Ltd | ₹94,000 (FY 2025) | -41.0% | Chhattisgarh, India | |||
| Right Nidhi Limited | ₹93,377 (FY 2021) | -76.0% | Bharatpur, Rajasthan, India | |||
| Double Star Micro Capital Private Limited | ₹90,865 (FY 2023) | Ghazipur, Uttar Pradesh, India |
To see the full peer comparison of Devdhara Nidhi Limited, buy the company report.
Legal cases
No court or tribunal cases involving Devdhara Nidhi 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 Devdhara Nidhi 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 Devdhara Nidhi Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Devdhara Nidhi Limited has 3 board changes on record since 2020: 3 appointments. The latest: Maliram Kumawat was appointed as Director on 24 Feb 2020.
Frequently asked questions
Devdhara Nidhi is an active nidhi company based in Jaipur, Rajasthan, India. The company works in other financial intermediation, within the financial services industry. It was incorporated on 24 February 2020 (6+ years old) and is registered under CIN U65900RJ2020PLN068350.
Devdhara Nidhi has 3 current directors:
- Yogesh Garg - Director
- Maliram Kumawat - Director
- Shanker Lal Kumawat - Director
The latest financial statements of Devdhara Nidhi on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2020 are in the company report.
The CIN (Corporate Identification Number) of Devdhara Nidhi is U65900RJ2020PLN068350. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Devdhara Nidhi was incorporated on 24 February 2020, making it 6+ years old. It is registered with the Registrar of Companies, Jaipur.
The peers of Devdhara Nidhi by revenue are Suncity Distributors Private Limited, Frontier Sales Private Limited, Richlife Family Nidhi Limited, R N Tripathy Management Consultancy Private Limited, Tulip Finance Limited and 5 more, all in the same principal business activity (financial and credit leasing activities).
Maliram Kumawat was appointed as Director on 24 Feb 2020. Shanker Lal Kumawat was appointed as Director on 24 Feb 2020. Yogesh Garg was appointed as Director on 24 Feb 2020.
The registered office of Devdhara Nidhi is at Plot No 28 Devdhara Colony, Jaipur, Rajasthan, India – 302013.
Devdhara Nidhi operates in the financial services industry, in the other financial intermediation segment.
Devdhara Nidhi can be reached at its registered office: Plot No 28 Devdhara Colony, Jaipur, Rajasthan, India – 302013.
Devdhara Nidhi is registered under the jurisdiction of the Registrar of Companies (ROC), Jaipur.