Niravath Nidhi Limited
About Niravath Nidhi Limited
Data last updated:
Niravath Nidhi Limited is a nidhi company based in Thalassery, Kerala, India. It operates in the financial auxiliary services segment of the financial services sector. It was incorporated on 10 August 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U67100KL2017PLC050069.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹40.64 Lakh. It is led by directors including Binees Joseph and Pamplanil Mathew Sheena.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Thalassery, Kerala.
As per the financials filed for FY 2025, the company reported a revenue of ₹81.76 Lakh, a decline of 15% compared to the previous year. For the same year it recorded a net loss of ₹9.8 Lakh (net margin -12%) and EBITDA of -₹9.53 Lakh (EBITDA margin -11.7%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 14% over five years.
Court records list 36 cases involving the company, including 34 filed by the company and 2 filed against it; 29 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Niravath Nidhi Limited's registered office is in Thalassery, Kerala.
- Registered AddressBuilding No 9/2641, Balakkandy Building City Centre, Thalassery, Kerala, India – 670703
- IndustryFinancial Services, Auxiliary To Financial Intermediatory
- 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 Niravath 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 Niravath Nidhi Limited, buy the company report.
Financials of Niravath Nidhi Limited
FY 2025 filings availableNiravath Nidhi Limited reported revenue of ₹81.76 Lakh (down 15% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 15% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 14%. EBITDA fell 657% 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 | -₹9.53 Lakh | ||||
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| Net Profit (PAT) | -₹9.8 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 | -11.7% | ||||
| Net Profit Margin | -12% | ||||
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To see the full financial statements and ratios of Niravath Nidhi Limited, buy the company report.
Board of directors of Niravath Nidhi Limited
Niravath Nidhi has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Binees Joseph Also directs: Niravathjubily Estate Private Limited, Niravathjubily Chits India Private Limited, Niravathjubily Dhanam Limited and 1 more | Director | 10 Aug 2017 | 9 Years 2 Months | Current |
| Pamplanil Mathew Sheena Also directs: Niravathjubily Estate Private Limited, Niravathjubily Chits India Private Limited, Niravathjubily Dhanam Limited and 1 more | Director | 10 Aug 2017 | 9 Years 2 Months | Current |
| Joseph Niravath Also directs: Niravathjubily Dhanam Limited | Director | 10 Aug 2017 | 9 Years 2 Months | Current |
Peer comparison
Niravath 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 |
|---|---|---|---|---|---|---|
| Ratna Sagar Safe Deposit Vaults Private Limited | ₹81.91 Lakh (FY 2023) | 8.0% | Jaipur, Rajasthan, India | |||
| Nilkanth Retailers Private Limited | ₹81.84 Lakh (FY 2025) | 5.0% | Kolkata, West Bengal, India | |||
| Trichy Sri Amman Finance Private Limited | ₹81.82 Lakh (FY 2020) | -34.0% | Tiruchirappalli, Tamil Nadu, India | |||
| Sam Resolution Services Private Limited | ₹81.77 Lakh (FY 2025) | -2.0% | Tirunelveli, Tamil Nadu, India | |||
| Dev Maharaj Microfinance Foundation | ₹81.77 Lakh (FY 2025) | 30.0% | Jhunjhunu, Rajasthan, India | |||
| Niravath Nidhi Limitedthis company | ₹81.76 Lakh (FY 2025) | -₹9.8 Lakh | -12% | -15.0% | Thalassery, Kerala, India | |
| Saltillo Exim (India) Private Limited | ₹81.72 Lakh (FY 2025) | 79.0% | Mumbai, Maharashtra, India | |||
| Dhancapo Nidhi Limited | ₹81.72 Lakh (FY 2025) | 18.0% | Chomu, Rajasthan, India | |||
| Selvapraba Chit Funds Private Limited | ₹81.69 Lakh (FY 2024) | -19.0% | Villupuram, Tamil Nadu, India | |||
| Shalva Investments Pvt Ltd | ₹81.65 Lakh (FY 2017) | 20.0% | Ahmedabad, Gujarat, India | |||
| Sanjos Care Nidhi Limited | ₹81.62 Lakh (FY 2025) | 37.0% | Thrissur, Kerala, India |
To see the full peer comparison of Niravath Nidhi Limited, buy the company report.
Legal cases
Niravath Nidhi Limited has 36 court cases on record: 34 filed by Niravath Nidhi, 2 filed against it. 29 cases are pending and 7 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 35 | 1 | 29 |
| High courts | 1 | 1 | 0 |
Cases on record (5 of 36)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Kannur, Kerala | Appeal | Filed against the company by an individual | Pending |
| District court, Kannur, Kerala | Criminal case | Filed by the company against an individual | Pending |
| District court, Kannur, Kerala | Criminal case | Filed by the company against an individual | Pending |
| District court, Kannur, Kerala | Criminal case | Filed by the company against an individual | Pending |
| District court, Kannur, Kerala | Criminal case | Filed by the company against an individual | Pending |
To see the full case history of Niravath 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 Niravath 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 Niravath Nidhi Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Niravath Nidhi Limited has 4 board changes on record since 2017: 4 appointments. The latest: Binees Joseph was appointed as Director on 10 Aug 2017.
Frequently asked questions
Niravath Nidhi is an active nidhi company based in Thalassery, Kerala, India. The company works in auxiliary to financial intermediatory, within the financial services industry. It was incorporated on 10 August 2017 (9+ years old) and is registered under CIN U67100KL2017PLC050069.
Niravath Nidhi has 3 current directors:
- Binees Joseph - Director
- Pamplanil Mathew Sheena - Director
- Joseph Niravath - Director
The latest financial statements of Niravath Nidhi on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2018 are in the company report.
The CIN (Corporate Identification Number) of Niravath Nidhi is U67100KL2017PLC050069. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Niravath Nidhi has 36 court cases on record: 34 filed by the company and 2 filed against it. 29 are pending. Most are in the district courts.
Niravath Nidhi was incorporated on 10 August 2017, making it 9+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Niravath Nidhi by revenue are Ratna Sagar Safe Deposit Vaults Private Limited, Nilkanth Retailers Private Limited, Trichy Sri Amman Finance Private Limited, Sam Resolution Services Private Limited, Dev Maharaj Microfinance Foundation and 5 more, all in the same principal business activity (other financial activities).
Binees Joseph was appointed as Director on 10 Aug 2017. Joseph Niravath was appointed as Director on 10 Aug 2017. Pamplanil Mathew Sheena was appointed as Director on 10 Aug 2017. Niravath Nidhi has 4 board changes on record in total.
The registered office of Niravath Nidhi is at Building No 92641, Balakkandy Building City Centre, Thalassery, Kerala, India – 670703.
Niravath Nidhi operates in the financial services industry, in the auxiliary to financial intermediatory segment.
The compliance status of Niravath Nidhi is compliant as of 07 September 2026. The company is actively filing with the Registrar of Companies.