About JMJ Microfin Private Limited
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JMJ Microfin Private Limited is a private limited company based in Coimbatore, Tamil Nadu, India. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 10 September 1990 and has been in existence for over 36 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U65999TZ1990PTC034890. Its GSTIN is 33AABCA8404G1Z4 (Tamil Nadu). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹4.81 Cr. It was formerly known as Arihant Finance Private Limited. It is led by directors including Jacob Abraham Isaac (Whole-Time Director) and Radha Jayakumari.
Its last annual general meeting (AGM) was held on 13 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Coimbatore, Tamil Nadu.
As per the financials filed for FY 2023, the company reported a revenue of ₹32.34 Lakh, a growth of 2% compared to the previous year. For the same year it recorded a net profit of ₹13.89 Lakh (net margin 42.9%) and EBITDA of ₹17.89 Lakh (EBITDA margin 55.3%). Revenue has declined at a compounded annual rate (CAGR) of 1% over three years and 4% over five years.
The company has about 18 employees on its provident fund (EPFO) records.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website palmamicrofin.com.
Company details
Name history
JMJ Microfin has undergone 2 name changes throughout its history. The company was previously known as Arihant Finance Private Limited, and Jmj Microfin Private Limited. The current legal name is Jmj Microfin Private Limited.
| Company Name | Status |
|---|---|
| JMJ Microfin Private Limited | Current |
| Arihant Finance Private Limited | Previous |
CIN history
JMJ Microfin has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U65999TZ1990PTC034890, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65999TZ1990PTC034890 | Current |
| U65999TZ1990PTC002860 | Previous |
| U65999TN1990PTC104347 | Previous |
Contact details
JMJ Microfin Private Limited's registered office is in Coimbatore, Tamil Nadu.
- Registered AddressShop No.5 1st Floor Adhi Vinayaga Complex, No.3 Bus Stand Gopalsamy Temple Street Ganapaty, Coimbatore, Tamil Nadu, India – 641006
- IndustryFinancial Services, Microfinance Institutions, NBFC
- 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
Financials of JMJ Microfin Private Limited
FY 2024 filings availableJMJ Microfin Private Limited reported revenue of ₹32.34 Lakh (up 2% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue rose 2% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 4%. EBITDA rose 683% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹32.34 Lakh | ||||
| Cost of Materials Consumed | |||||
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| Total Expenses | |||||
| EBITDA | ₹17.89 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹13.89 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 55.3% | ||||
| Net Profit Margin | 42.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of JMJ Microfin Private Limited, buy the company report.
Board of directors of JMJ Microfin Private Limited
JMJ Microfin has 6 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Radha Jayakumari | Director | 01 Mar 2014 | 12 Years 7 Months | Current |
| Jacob Abraham Isaac Also directs: Palma Development Nidhi Limited | Whole-Time Director | 27 Jun 2014 | 12 Years 3 Months | Current |
| Sibin Johnson | Director | 07 Aug 2025 | 1 Years 2 Months | Current |
| Nitha Roy | Director | 30 Aug 2022 | 4 Years 1 Months | Current |
| Joju Madathumpady Johny Also directs: JMJ Fintech Limited | Director | 01 Oct 2022 | 4 Years 0 Months | Current |
| Renjith Ramachandran | Director | 07 Aug 2025 | 1 Years 2 Months | Current |
Legal cases
No court or tribunal cases involving JMJ Microfin Private 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 JMJ Microfin Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
JMJ Microfin has 3 GST registrations: 3 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AABCA8404G1Z4 | Tamil Nadu | Active | 17 Apr 2023 |
| 32AABCA8404G1Z6 | Kerala | Active | 17 Jun 2023 |
| 29AABCA8404G1ZT | Karnataka | Active | 25 Sep 2024 |
To see the full GST registrations and return filing status of JMJ Microfin Private Limited, buy the company report.
Recent activity
JMJ Microfin Private Limited has 20 board changes on record since 2010: 6 appointments and 14 cessations. The latest: Renjith Ramachandran ceased to be Additional Director on 29 Sep 2025.
11 earlier events are in the company report.
Frequently asked questions
JMJ Microfin is an active private limited company based in Coimbatore, Tamil Nadu, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 10 September 1990 (36+ years old) and is registered under CIN U65999TZ1990PTC034890.
JMJ Microfin has 6 current directors:
- Jacob Abraham Isaac - Whole-Time Director
- Radha Jayakumari - Director
- Sibin Johnson - Director
- Nitha Roy - Director
- Joju Madathumpady Johny - Director
- Renjith Ramachandran - Director
The latest financial statements of JMJ Microfin on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 13 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of JMJ Microfin is 33AABCA8404G1Z4, registered in Tamil Nadu. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 32AABCA8404G1Z6 (Kerala), 29AABCA8404G1ZT (Karnataka).
The CIN (Corporate Identification Number) of JMJ Microfin is U65999TZ1990PTC034890. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
JMJ Microfin was incorporated on 10 September 1990, making it 36+ years old. It is registered with the Registrar of Companies, Coimbatore.
Renjith Ramachandran ceased to be Additional Director on 29 Sep 2025. Sibin Johnson ceased to be Additional Director on 29 Sep 2025. Renjith Ramachandran was appointed as Director on 07 Aug 2025. JMJ Microfin has 20 board changes on record in total.
JMJ Microfin can be reached through the website palmamicrofin.com. Its registered office is in Coimbatore, Tamil Nadu, India.
The registered office of JMJ Microfin is at Shop No.5 1st Floor Adhi Vinayaga Complex, No.3 Bus Stand Gopalsamy Temple Street Ganapaty, Coimbatore, Tamil Nadu, India – 641006.
JMJ Microfin operates in the financial services industry, in the microfinance institutions segment.