Edanadu Nidhi Limited
About Edanadu Nidhi Limited
Data last updated:
Edanadu Nidhi Limited is a nidhi company based in Chengannur, Kerala, India. It operates in the financial intermediation and lending segment of the financial services sector. It was incorporated on 12 April 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U65900KL2017PLC048849.
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹17.5 Lakh. It is led by directors including Karthikeyan Vettathuvilayil Kesava Pillai (Managing Director) and Raji Karthikeyan (Whole-Time Director).
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 Sreerangam (Bldg No.XI/477(I)) New No.Xx/41) Keezhcherimel, Chengannur, Kerala, India – 689121.
As per the financials filed for FY 2024, the company reported a revenue of ₹11.01 Lakh, a decline of 2% compared to the previous year. For the same year it recorded a net loss of ₹27,582 (net margin -2.5%) and EBITDA of ₹7.62 Lakh (EBITDA margin 69.2%). Revenue has declined at a compounded annual rate (CAGR) of 14% over three years and 8% over five years.
Court records list 7 cases involving the company, including 7 filed by the company; 4 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Edanadu Nidhi Limited's registered office is in Chengannur, Kerala. Its e-mail address is in the company report.
- Email
- Registered AddressSreerangam (Bldg No.XI/477(I)) New No.Xx/41) Keezhcherimel, Chengannur, Kerala, India – 689121
- IndustryFinancial Services, Other Financial Intermediation
To see the full contact details of Edanadu Nidhi 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 Edanadu Nidhi 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 Edanadu Nidhi Limited, buy the company report.
Financials of Edanadu Nidhi Limited
FY 2024 filings availableEdanadu Nidhi Limited reported revenue of ₹11.01 Lakh (down 2% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 8% over five years, including a 2% fall in the latest year. EBITDA fell 13% 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 | ₹7.62 Lakh | ||||
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| Net Profit (PAT) | -₹27,582 | ||||
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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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| Profitability | |||||
| EBITDA Margin | 69.2% | ||||
| Net Profit Margin | -2.5% | ||||
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To see the full financial statements and ratios of Edanadu Nidhi Limited, buy the company report.
Board of directors of Edanadu Nidhi Limited
Edanadu Nidhi has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hyma Soman Nair | Director | 12 Apr 2017 | 9 Years 7 Months | Current |
| Raji Karthikeyan Also directs: Edanadu Chit Funds Private Limited, Edanadu Forex Private Limited | Whole-Time Director | 12 Apr 2017 | 9 Years 7 Months | Current |
| Karthikeyan Vettathuvilayil Kesava Pillai Also directs: Edanadu Chit Funds Private Limited, Edanadu Forex Private Limited | Managing Director | 12 Apr 2017 | 9 Years 7 Months | Current |
Peer comparison
Edanadu Nidhi Limited is compared with the 10 companies closest to it by revenue in 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 |
|---|---|---|---|---|---|---|
| Parasmahavir Credit Nidhi Limited | ₹11.02 Lakh (FY 2021) | 267.0% | Mumbai, Maharashtra, India | |||
| Om Energy Limited | ₹11.02 Lakh (FY 2025) | 878.0% | Mumbai, Maharashtra, India | |||
| Mpis Chit Fund Private Limited | ₹11.02 Lakh (FY 2020) | -34.0% | Gurgaon, Haryana, India | |||
| Newjet Vyapaar Pvt. Ltd. | ₹11.01 Lakh (FY 2025) | -33.0% | Kolkata, West Bengal, India | |||
| Super Wares Private Limited | ₹11.01 Lakh (FY 2018) | -2.0% | New Delhi, Delhi, India | |||
| Edanadu Nidhi Limitedthis company | ₹11.01 Lakh (FY 2024) | -₹27,582 | -2.5% | -2.0% | Chengannur, Kerala, India | |
| Podhaals Nidhi Limited | ₹11.01 Lakh (FY 2025) | 98.0% | Kasargod, Kerala, India | |||
| Iccm Overseas Limited | ₹11.01 Lakh (FY 2018) | -8.0% | Indore, Madhya Pradesh, India | |||
| Vhind Share and Protect Nidhi Limited | ₹11.01 Lakh (FY 2022) | -15.0% | Cherthala, Kerala, India | |||
| Prachur Traders Pvt Ltd | ₹11 Lakh (FY 2025) | 7.0% | Kolkata, West Bengal, India | |||
| Namaste Loans Private Limited | ₹11 Lakh (FY 2023) | 12.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Edanadu Nidhi Limited, buy the company report.
Legal cases
Edanadu Nidhi Limited has 7 court cases on record: 7 filed by Edanadu Nidhi. 4 cases are pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 0 | 4 |
| High courts | 1 | 0 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Alappuzha, Kerala | Criminal complaint | Filed by the company against an individual | Pending |
| District court, Alappuzha, Kerala | Criminal complaint | Filed by the company against an individual | Pending |
| District court, Alappuzha, Kerala | Criminal complaint | Filed by the company against an individual | Pending |
| District court, Alappuzha, Kerala | Criminal complaint | Filed by the company against an individual | Pending |
| District court, Alappuzha, Kerala | Criminal complaint | Filed by the company against an individual | Disposed |
To see the full case history of Edanadu Nidhi 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 Edanadu 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 Edanadu Nidhi Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Edanadu Nidhi Limited has 3 board changes on record since 2017: 3 appointments. The latest: Hyma Soman Nair was appointed as Director on 12 Apr 2017.
Frequently asked questions
Edanadu Nidhi is an active nidhi company based in Chengannur, Kerala, India. The company works in other financial intermediation, within the financial services industry. It was incorporated on 12 April 2017 (9+ years old) and is registered under CIN U65900KL2017PLC048849.
Edanadu Nidhi has 3 current directors:
- Karthikeyan Vettathuvilayil Kesava Pillai - Managing Director
- Raji Karthikeyan - Whole-Time Director
- Hyma Soman Nair - Director
The latest financial statements of Edanadu 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 2018 are in the company report.
The CIN (Corporate Identification Number) of Edanadu Nidhi is U65900KL2017PLC048849. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Edanadu Nidhi has 7 court cases on record: 7 filed by the company. 4 are pending. Most are in the district courts.
Edanadu Nidhi was incorporated on 12 April 2017, making it 9+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Edanadu Nidhi by revenue are Parasmahavir Credit Nidhi Limited, Om Energy Limited, Mpis Chit Fund Private Limited, Newjet Vyapaar Pvt. Ltd, Super Wares Private Limited and 5 more, all in the same principal business activity (other financial activities).
Hyma Soman Nair was appointed as Director on 12 Apr 2017. Karthikeyan Vettathuvilayil Kesava Pillai was appointed as Managing Director on 12 Apr 2017. Raji Karthikeyan was appointed as Whole-Time Director on 12 Apr 2017.
The registered office of Edanadu Nidhi is at Sreerangam Bldg No.XI477I New No.Xx41 Keezhcherimel, Chengannur, Kerala, India – 689121.
Edanadu Nidhi operates in the financial services industry, in the other financial intermediation segment.
The compliance status of Edanadu Nidhi is compliant as of 29 September 2026. The company is actively filing with the Registrar of Companies.
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