About Labhanshi Nidhi Limited
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Labhanshi Nidhi Limited is a nidhi company based in Bhopal, Madhya Pradesh, India. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 04 December 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U65929MP2017PLC044609.
The company has an authorised share capital of ₹80 Lakh and a paid-up capital of ₹75.28 Lakh. It is led by directors including Anil Kumar Mishra and Sanjay Timande.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 25 Surbhi Mohini Homes Barkheda Pathani Huzur Bhel, Bhopal, Madhya Pradesh, India – 462022.
As per the financials filed for FY 2023, the company reported a revenue of ₹1.02 Cr, a decline of 3% compared to the previous year. For the same year it recorded a net loss of ₹1.7 Lakh (net margin -1.7%) and EBITDA of -₹1.33 Lakh (EBITDA margin -1.3%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years.
Court records list 21 cases involving the company, including 21 filed by the company; 3 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website labhanshinidhi.com.
Company details
Contact details
Labhanshi Nidhi Limited's registered office is in Bhopal, Madhya Pradesh. Its website is labhanshinidhi.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address25 Surbhi Mohini Homes Barkheda Pathani Huzur Bhel, Bhopal, Madhya Pradesh, India – 462022
- IndustryFinancial Services, Microfinance Institutions
To see the full contact details of Labhanshi 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 Labhanshi 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 Labhanshi Nidhi Limited, buy the company report.
Financials of Labhanshi Nidhi Limited
FY 2023 filings availableLabhanshi Nidhi Limited reported revenue of ₹1.02 Cr (down 3% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue fell 3% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 15%. EBITDA rose 91% 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 |
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| EBITDA | -₹1.33 Lakh | ||||
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| Net Profit (PAT) | -₹1.7 Lakh | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Profitability | |||||
| EBITDA Margin | -1.3% | ||||
| Net Profit Margin | -1.7% | ||||
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To see the full financial statements and ratios of Labhanshi Nidhi Limited, buy the company report.
Board of directors of Labhanshi Nidhi Limited
Labhanshi Nidhi has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anil Kumar Mishra Also directs: Labhanshi Mart Limited, Labhanshi Micro Service Association, Labhanshi Micro Service Association and 1 more | Director | 04 Dec 2017 | 8 Years 10 Months | Current |
| Sanjay Timande | Director | 04 Dec 2017 | 8 Years 10 Months | Current |
| Alka Tiwari Also directs: Labhanshi Mart Limited, Labhanshi Micro Service Association, Labhanshi Micro Service Association and 1 more | Director | 07 Dec 2022 | 3 Years 10 Months | Current |
Peer comparison
Labhanshi Nidhi Limited is compared with the 6 companies closest to it by revenue in the BFSI industry (Micro Finance), with 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 |
|---|---|---|---|---|---|---|
| Pavai Mutual Benefit Nidhi Limited | ₹1.04 Cr (FY 2025) | 18.0% | Papanasam, Tamil Nadu, India | |||
| Kadampanad Nidhi Limited | ₹1.03 Cr (FY 2025) | 18.0% | Kadambanad, Kerala, India | |||
| V.V.T Chit Funds Private Limited | ₹1.03 Cr (FY 2025) | 1.0% | Tirupur, Tamil Nadu, India | |||
| Labhanshi Nidhi Limitedthis company | ₹1.02 Cr (FY 2023) | -₹1.7 Lakh | -1.7% | -3.0% | Bhopal, Madhya Pradesh, India | |
| Hima Chit Fund Private Limited | ₹1.02 Cr (FY 2024) | -7.0% | Hanamkonda, Telangana, India | |||
| Koliakode Nidhi Limited | ₹1.02 Cr (FY 2025) | 16.0% | Thiruvananthapuram, Kerala, India | |||
| Syon Chit Fund Private Limited | ₹1.02 Cr (FY 2023) | 94.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Labhanshi Nidhi Limited, buy the company report.
Auditor
Labhanshi Nidhi Limited is audited by H BHAWSAR & COMPANY for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| H BHAWSAR & COMPANY | FY 2022 | 019864C |
Shareholding
The shareholding of Labhanshi Nidhi Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Labhanshi Nidhi Limited, buy the company report.
Legal cases
Labhanshi Nidhi Limited has 21 court cases on record: 21 filed by Labhanshi Nidhi. 3 cases are pending and 18 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 21 | 0 | 3 |
Cases on record (5 of 21)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Bhopal, Madhya Pradesh | Court case (UN CR) | Filed by the company against an individual | Pending |
| District court, Bhopal, Madhya Pradesh | Court case (UN CR) | Filed by the company against an individual | Pending |
| District court, Bhopal, Madhya Pradesh | Court case (UN CR) | Filed by the company against an individual | Pending |
| District court, Bhopal, Madhya Pradesh | Court case (CRR) | Filed by the company against an individual | Disposed |
| District court, Bhopal, Madhya Pradesh | Court case (CRR) | Filed by the company against an individual | Disposed |
To see the full case history of Labhanshi 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 Labhanshi 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 Labhanshi Nidhi Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Labhanshi Nidhi Limited has 5 board changes on record since 2017: 3 appointments and 2 cessations. The latest: Alka Tiwari ceased to be Additional Director on 29 Sep 2023.
Frequently asked questions
Labhanshi Nidhi is an active nidhi company based in Bhopal, Madhya Pradesh, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 04 December 2017 (9+ years old) and is registered under CIN U65929MP2017PLC044609.
Labhanshi Nidhi has 3 current directors:
- Anil Kumar Mishra - Director
- Sanjay Timande - Director
- Alka Tiwari - Director
The latest financial statements of Labhanshi Nidhi on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2018 are in the company report.
The CIN (Corporate Identification Number) of Labhanshi Nidhi is U65929MP2017PLC044609. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Labhanshi Nidhi has 21 court cases on record: 21 filed by the company. 3 are pending.
Labhanshi Nidhi was incorporated on 04 December 2017, making it 9+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Labhanshi Nidhi by revenue are Pavai Mutual Benefit Nidhi Limited, Kadampanad Nidhi Limited, V.V.T Chit Funds Private Limited, Hima Chit Fund Private Limited, Koliakode Nidhi Limited and 1 more, all in the BFSI industry (Micro Finance), with the same principal business activity (other financial activities).
Alka Tiwari ceased to be Additional Director on 29 Sep 2023. Ashok Kumar Verma ceased to be Director on 20 Dec 2022. Alka Tiwari was appointed as Director on 07 Dec 2022. Labhanshi Nidhi has 5 board changes on record in total.
Labhanshi Nidhi can be reached through the website labhanshinidhi.com. Its registered office is in Bhopal, Madhya Pradesh, India.
The registered office of Labhanshi Nidhi is at 25 Surbhi Mohini Homes Barkheda Pathani Huzur Bhel, Bhopal, Madhya Pradesh, India – 462022.
Labhanshi Nidhi operates in the financial services industry, in the microfinance institutions segment.