Finmate Nidhi Limited
About Finmate Nidhi Limited
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Finmate Nidhi Limited is a nidhi company based in Ernakulam, Kerala, India. It operates in the financial auxiliary services segment of the financial services sector. It was incorporated on 01 August 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U67190KL2019PLC059074.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹28.52 Lakh. It is led by directors including Vasudeva Menon Saraswathynivas Bhakthan Nair (Managing Director) and Jayakumar Purushothaman Nair.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Door No. 7/1088 Chandra Building P.P Road Pattimattom, Ernakulam, Kerala, India – 683562.
As per the financials filed for FY 2025, the company reported a revenue of ₹22.7 Lakh, a growth of 11% compared to the previous year. For the same year it recorded a net profit of ₹1.09 Lakh (net margin 4.8%) and EBITDA of ₹12.79 Lakh (EBITDA margin 56.4%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years and 42% over five years.
Court records list 1 case involving the company, including 1 filed by the company.
Company details
Contact details
Finmate Nidhi Limited's registered office is in Ernakulam, Kerala. Its e-mail address is in the company report.
- Email
- Registered AddressDoor No. 7/1088 Chandra Building P.P Road Pattimattom, Ernakulam, Kerala, India – 683562
- IndustryFinancial Services, Auxiliary To Financial Intermediatory
To see the full contact details of Finmate 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 Finmate 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 Finmate Nidhi Limited, buy the company report.
Financials of Finmate Nidhi Limited
FY 2025 filings availableFinmate Nidhi Limited reported revenue of ₹22.7 Lakh (up 11% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 42% over five years, including 11% growth in the latest year. EBITDA rose 5% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹12.79 Lakh | ||||
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| Net Profit (PAT) | ₹1.09 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 56.4% | ||||
| Net Profit Margin | 4.8% | ||||
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To see the full financial statements and ratios of Finmate Nidhi Limited, buy the company report.
Board of directors of Finmate Nidhi Limited
Finmate Nidhi has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jayakumar Purushothaman Nair | Director | 01 Aug 2019 | 7 Years 3 Months | Current |
| Vasudeva Menon Saraswathynivas Bhakthan Nair | Managing Director | 01 Aug 2019 | 7 Years 3 Months | Current |
| Sanjayan | Director | 01 Aug 2019 | 7 Years 3 Months | Current |
| Vijayan Valayudhang Narayanan Nair | Director | 01 Aug 2019 | 7 Years 3 Months | Current |
Peer comparison
Finmate 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 |
|---|---|---|---|---|---|---|
| Eswar Adcon Services Private Limited | ₹22.76 Lakh (FY 2025) | 76.0% | Vijayawada, Andhra Pradesh, India | |||
| Siddha Domicile Company Pvt Ltd | ₹22.73 Lakh (FY 2025) | -35.0% | Kolkata, West Bengal, India | |||
| Magna Credit and Financial Services Limited | ₹22.72 Lakh (FY 2025) | 8.0% | Road Besant Nagar, Madras.90, Tamil Nadu, India | |||
| Finsere Nidhi Limited | ₹22.71 Lakh (FY 2019) | 74.0% | Kodungallur, Kerala, India | |||
| Baid Trade Fina Pvt. Ltd. | ₹22.7 Lakh (FY 2025) | 19.0% | Kolkata, West Bengal, India | |||
| Finmate Nidhi Limitedthis company | ₹22.7 Lakh (FY 2025) | ₹1.09 Lakh | 4.8% | 11.0% | Ernakulam, Kerala, India | |
| Capex Finvest Services Private Limited | ₹22.7 Lakh (FY 2023) | 16.0% | Bangalore, Karnataka, India | |||
| Kwality Forex Private Limited. | ₹22.69 Lakh (FY 2025) | 3.0% | Delhi, India | |||
| Gangapriyai Housing Pvt Ltd | ₹22.69 Lakh (FY 2024) | 5.0% | Kolkata, West Bengal, India | |||
| Abacus Kuries Private Limited | ₹22.69 Lakh (FY 2025) | -11.0% | Thrissur, Kerala, India | |||
| Sanmin Impex Pvt.Ltd. | ₹22.68 Lakh (FY 2019) | 710.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Finmate Nidhi Limited, buy the company report.
Legal cases
Finmate Nidhi Limited has 1 court case on record: 1 filed by Finmate Nidhi. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Writ petition | Filed by the company against Union of India and 3 others | Disposed |
To see the full case history of Finmate 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 Finmate 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 Finmate Nidhi Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Finmate Nidhi Limited has 8 board changes on record since 2019: 4 appointments and 4 cessations. The latest: Vasudeva Menon Saraswathynivas Bhakthan Nair ceased to be Director on 07 Dec 2023.
Frequently asked questions
Finmate Nidhi is an active nidhi company based in Ernakulam, Kerala, India. The company works in auxiliary to financial intermediatory, within the financial services industry. It was incorporated on 01 August 2019 (7+ years old) and is registered under CIN U67190KL2019PLC059074.
Finmate Nidhi has 4 current directors:
- Vasudeva Menon Saraswathynivas Bhakthan Nair - Managing Director
- Jayakumar Purushothaman Nair - Director
- Sanjayan - Director
- Vijayan Valayudhang Narayanan Nair - Director
The latest financial statements of Finmate Nidhi on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from FY 2020 are in the company report.
The CIN (Corporate Identification Number) of Finmate Nidhi is U67190KL2019PLC059074. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Finmate Nidhi has 1 court case on record: 1 filed by the company.
Finmate Nidhi was incorporated on 01 August 2019, making it 7+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Finmate Nidhi by revenue are Eswar Adcon Services Private Limited, Siddha Domicile Company Pvt Ltd, Magna Credit and Financial Services Limited, Finsere Nidhi Limited, Baid Trade Fina Pvt. Ltd. and 5 more, all in the same principal business activity (other financial activities).
Vasudeva Menon Saraswathynivas Bhakthan Nair ceased to be Director on 07 Dec 2023. Bijumon Kavalamkuzhiyil Chandranpillai ceased to be Director on 23 Nov 2023. Sajeev Vathyampurath Gopalan Nair ceased to be Director on 23 Nov 2023. Finmate Nidhi has 8 board changes on record in total.
The registered office of Finmate Nidhi is at Door No. 71088 Chandra Building P.P Road Pattimattom, Ernakulam, Kerala, India – 683562.
Finmate Nidhi operates in the financial services industry, in the auxiliary to financial intermediatory segment.
Finmate Nidhi can be reached at its registered office: Door No. 71088 Chandra Building P.P Road Pattimattom, Ernakulam, Kerala, India – 683562.
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