Narikode Aadithya Nidhi Limited
About Narikode Aadithya Nidhi Limited
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Narikode Aadithya Nidhi Limited is a nidhi company based in Palakkad, Kerala, India. It operates in the financial intermediation and lending segment of the financial services sector. It was incorporated on 08 December 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U65999KL2017PLC051325.
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Kumaran Manikandan (Managing Director) and Kadavankod Kuttappan Ananthakrishnan.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Palakkad, Kerala.
As per the financials filed for FY 2022, the company reported a revenue of ₹5.86 Lakh, a growth of 37% compared to the previous year. For the same year it recorded a net profit of ₹72,825 (net margin 12.4%) and EBITDA of ₹1.19 Lakh (EBITDA margin 20.2%). Revenue has grown at a compounded annual rate (CAGR) of 32% over three years.
Court records list 2 cases involving the company, including 2 filed by the company; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Narikode Aadithya Nidhi Limited's registered office is in Palakkad, Kerala. Its e-mail address is in the company report.
- Email
- Registered AddressD No.10/495 R.No.32 The Chandranagar Co Operative House Building Society Ltd No.F1624 Maru, Tharoad, Palakkad, Kerala, India – 678007
- IndustryFinancial Services, Other Financial Intermediation
To see the full contact details of Narikode Aadithya 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 Narikode Aadithya 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 Narikode Aadithya Nidhi Limited, buy the company report.
Financials of Narikode Aadithya Nidhi Limited
FY 2022 filings availableNarikode Aadithya Nidhi Limited reported revenue of ₹5.86 Lakh (up 37% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 32% over three years, including 37% growth in the latest year. EBITDA fell 52% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA | ₹1.19 Lakh | ||||
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| Net Profit (PAT) | ₹72,825 | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| Profitability | |||||
| EBITDA Margin | 20.2% | ||||
| Net Profit Margin | 12.4% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Narikode Aadithya Nidhi Limited, buy the company report.
Board of directors of Narikode Aadithya Nidhi Limited
Narikode Aadithya Nidhi has 9 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kumaran Manikandan | Managing Director | 08 Dec 2017 | 8 Years 10 Months | Current |
| Kadavankod Kuttappan Ananthakrishnan Also directs: Narikode Aadithya Chits Private Limited | Director | 05 Mar 2019 | 7 Years 7 Months | Current |
| Thekkedath Girish | Director | 08 Dec 2017 | 8 Years 10 Months | Current |
| Ramakrishnan Harisankar Palathingal | Director | 05 Mar 2019 | 7 Years 7 Months | Current |
| Suvarnan Narayanan | Director | 08 Dec 2017 | 8 Years 10 Months | Current |
| Suresh Natarajan Also directs: Narikode Aadithya Chits Private Limited | Director | 08 Dec 2017 | 8 Years 10 Months | Current |
Peer comparison
Narikode Aadithya 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 |
|---|---|---|---|---|---|---|
| Shri Gurumouneshwar Chits Private Limited | ₹5.88 Lakh (FY 2017) | 62.0% | Ilkal, Karnataka, India | |||
| A B T Chits Ayarkunnam Private Limited | ₹5.88 Lakh (FY 2025) | 6.0% | Kottayam, Kerala, India | |||
| Anirudh Benefit Nidhi Limited | ₹5.87 Lakh (FY 2025) | -19.0% | Raigarh, Chhattisgarh, India | |||
| Ropson Mutual Benefit Nidhi Limited | ₹5.87 Lakh (FY 2021) | -12.0% | Hisar, Haryana, India | |||
| Madhushri Urban Multipurpose Nidhi Limited | ₹5.87 Lakh (FY 2022) | -3.0% | Jalna, Maharashtra, India | |||
| Narikode Aadithya Nidhi Limitedthis company | ₹5.86 Lakh (FY 2022) | ₹72,825 | 12.4% | 37.0% | Palakkad, Kerala, India | |
| Tradetoday Multitrade Private Limited | ₹5.86 Lakh (FY 2025) | Indore, Madhya Pradesh, India | ||||
| Pravin Nidhi Limited | ₹5.86 Lakh (FY 2022) | -28.0% | Ratnagiri, Maharashtra, India | |||
| Sri Varahi Chit Fund Private Limited | ₹5.86 Lakh (FY 2024) | -38.0% | Nacharam, Telangana, India | |||
| Sigappi Chits Private Limited | ₹5.85 Lakh (FY 2018) | 1.0% | Pasumpon Dt, Tamil Nadu, India | |||
| Findeal Financial Services Private Limited | ₹5.85 Lakh (FY 2024) | Mathabhanga, West Bengal, India |
To see the full peer comparison of Narikode Aadithya Nidhi Limited, buy the company report.
Legal cases
Narikode Aadithya Nidhi Limited has 2 court cases on record: 2 filed by Narikode Aadithya Nidhi. All cases are pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 2 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Palakkad, Kerala | Criminal complaint | Filed by the company against an individual | Pending |
| District court, Palakkad, Kerala | Criminal complaint | Filed by the company against an individual | Pending |
To see the full case history of Narikode Aadithya 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 Narikode Aadithya 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 Narikode Aadithya Nidhi Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Narikode Aadithya Nidhi Limited has 13 board changes on record since 2017: 9 appointments and 4 cessations. The latest: Kadavankod Kuttappan Ananthakrishnan ceased to be Additional Director on 30 Sep 2019.
4 earlier events are in the company report.
Frequently asked questions
Narikode Aadithya Nidhi is an active nidhi company based in Palakkad, Kerala, India. The company works in other financial intermediation, within the financial services industry. It was incorporated on 08 December 2017 (9+ years old) and is registered under CIN U65999KL2017PLC051325.
Narikode Aadithya Nidhi has 9 current directors:
- Kumaran Manikandan - Managing Director
- Kadavankod Kuttappan Ananthakrishnan - Director
- Thekkedath Girish - Director
- Ramakrishnan Harisankar Palathingal - Director
- Suvarnan Narayanan - Director
- Suresh Natarajan - Director
- Gopinath Kumaran - Director
- Kumar Santhosh - Director
- Pazhanichami Thangaraj - Director
The latest financial statements of Narikode Aadithya Nidhi on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from FY 2018 are in the company report.
The CIN (Corporate Identification Number) of Narikode Aadithya Nidhi is U65999KL2017PLC051325. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Narikode Aadithya Nidhi has 2 court cases on record: 2 filed by the company. 2 are pending.
Narikode Aadithya Nidhi was incorporated on 08 December 2017, making it 9+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Narikode Aadithya Nidhi by revenue are Shri Gurumouneshwar Chits Private Limited, A B T Chits Ayarkunnam Private Limited, Anirudh Benefit Nidhi Limited, Ropson Mutual Benefit Nidhi Limited, Madhushri Urban Multipurpose Nidhi Limited and 5 more, all in the same principal business activity (other financial activities).
Kadavankod Kuttappan Ananthakrishnan ceased to be Additional Director on 30 Sep 2019. Pazhanichami Thangaraj ceased to be Additional Director on 30 Sep 2019. Ramakrishnan Harisankar Palathingal ceased to be Additional Director on 30 Sep 2019. Narikode Aadithya Nidhi has 13 board changes on record in total.
The registered office of Narikode Aadithya Nidhi is at D No.10495 R.No.32 The Chandranagar Co Operative House Building Society Ltd No.F1624 Maru, Tharoad, Palakkad, Kerala, India – 678007.
Narikode Aadithya Nidhi operates in the financial services industry, in the other financial intermediation segment.
The compliance status of Narikode Aadithya Nidhi is compliant as of 10 July 2026. The company is actively filing with the Registrar of Companies.