Peringode Nidhi Limited
About Peringode Nidhi Limited
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Peringode 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 20 March 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U65999KL2018PLC052546.
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹20 Lakh. It is led by directors including Unnikrishnan Arappath Kizhakkethil (Managing Director) and Raghu Ambat Ayodhya.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Door No. 18/196 Ist Floor Rccbuilding Parakkal Complex Peringode, Palakkad, Kerala, India – 678631.
As per the financials filed for FY 2024, the company reported a revenue of ₹31.98 Lakh, a growth of 17% compared to the previous year. For the same year it recorded a net profit of ₹36,467 (net margin 1.1%) and EBITDA of ₹18.44 Lakh (EBITDA margin 57.7%). Revenue has grown at a compounded annual rate (CAGR) of 39% over three years and 80% over five years.
Court records list 42 cases involving the company, including 42 filed by the company; 28 cases are pending.
Company details
Contact details
Peringode Nidhi Limited's registered office is in Palakkad, Kerala.
- Registered AddressDoor No. 18/196 Ist Floor Rccbuilding Parakkal Complex Peringode, Palakkad, Kerala, India – 678631
- IndustryFinancial Services, Other Financial Intermediation
- 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 Peringode 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 Peringode Nidhi Limited, buy the company report.
Financials of Peringode Nidhi Limited
FY 2024 filings availablePeringode Nidhi Limited reported revenue of ₹31.98 Lakh (up 17% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 80% over five years, including 17% growth in the latest year. EBITDA rose 19% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹18.44 Lakh | ||||
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| Net Profit (PAT) | ₹36,467 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 57.7% | ||||
| Net Profit Margin | 1.1% | ||||
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To see the full financial statements and ratios of Peringode Nidhi Limited, buy the company report.
Board of directors of Peringode Nidhi Limited
Peringode Nidhi has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Raghu Ambat Ayodhya Also directs: Peringode Chits Private Limited, Peringode PNL Foundation | Director | 20 Mar 2018 | 8 Years 7 Months | Current |
| Unnikrishnan Arappath Kizhakkethil Also directs: Peringode Chits Private Limited, Peringode PNL Foundation | Managing Director | 20 Mar 2018 | 8 Years 7 Months | Current |
| Narayanankutty Nair Kizhakkekkara | Director | 20 Nov 2021 | 4 Years 11 Months | Current |
Peer comparison
Peringode 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 |
|---|---|---|---|---|---|---|
| Atulya Nirman Micro Finance Association | ₹32.05 Lakh (FY 2017) | 496.0% | Ghaziabad, Uttar Pradesh, India | |||
| RPS Finvest Pvt Ltd | ₹32.04 Lakh (FY 2016) | 6.0% | Ludhiana, Punjab, India | |||
| Yajna Chits Private Limited | ₹32 Lakh (FY 2017) | 2.0% | Mysore, Karnataka, India | |||
| Sri Nandhana Chitfunds Private Limited | ₹32 Lakh (FY 2023) | 127.0% | Munagala, Telangana, India | |||
| Nambakam Saswatha Nidhi Limited | ₹31.99 Lakh (FY 2025) | -17.0% | Chennai, Tamil Nadu, India | |||
| Peringode Nidhi Limitedthis company | ₹31.98 Lakh (FY 2024) | ₹36,467 | 1.1% | 17.0% | Palakkad, Kerala, India | |
| Crif Connect Private Limited | ₹31.96 Lakh (FY 2025) | 175.0% | Pune, Maharashtra, India | |||
| Jet Kingdom Chits. Private Limited | ₹31.95 Lakh (FY 2019) | 4.0% | Chandrapur, Maharashtra, India | |||
| Vyaparavijayam Chitties Private Limited | ₹31.95 Lakh (FY 2024) | 8.0% | Thrissur, Kerala, India | |||
| Century Fiscal Services Ltd | ₹31.94 Lakh (FY 2025) | 27.0% | Ludhiana, Punjab, India | |||
| Elgin Sales Promotion Ltd | ₹31.94 Lakh (FY 2024) | 90.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Peringode Nidhi Limited, buy the company report.
Legal cases
Peringode Nidhi Limited has 42 court cases on record: 42 filed by Peringode Nidhi. 28 cases are pending and 14 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 40 | 0 | 27 |
| High courts | 2 | 0 | 1 |
Cases on record (5 of 42)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Palakkad, Kerala | Criminal complaint | Filed by the company against Sandhya | Pending |
| District court, Palakkad, Kerala | Criminal case | Filed by the company against an individual | Pending |
| District court, Palakkad, Kerala | Criminal miscellaneous application | Filed by the company against an individual | Pending |
| District court, Palakkad, Kerala | Criminal miscellaneous application | Filed by the company against an individual | Pending |
| District court, Palakkad, Kerala | Criminal case | Filed by the company against an individual | Pending |
To see the full case history of Peringode 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 Peringode 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 Peringode Nidhi Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Peringode Nidhi Limited has 6 board changes on record since 2018: 3 appointments and 3 cessations. The latest: Narayanankutty Nair Kizhakkekkara ceased to be Additional Director on 27 Jul 2022.
Frequently asked questions
Peringode 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 20 March 2018 (8+ years old) and is registered under CIN U65999KL2018PLC052546.
Peringode Nidhi has 3 current directors:
- Unnikrishnan Arappath Kizhakkethil - Managing Director
- Raghu Ambat Ayodhya - Director
- Narayanankutty Nair Kizhakkekkara - Director
The latest financial statements of Peringode Nidhi on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2018 are in the company report.
The CIN (Corporate Identification Number) of Peringode Nidhi is U65999KL2018PLC052546. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Peringode Nidhi has 42 court cases on record: 42 filed by the company. 28 are pending. Most are in the district courts.
Peringode Nidhi was incorporated on 20 March 2018, making it 8+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Peringode Nidhi by revenue are Atulya Nirman Micro Finance Association, RPS Finvest Pvt Ltd, Yajna Chits Private Limited, Sri Nandhana Chitfunds Private Limited, Nambakam Saswatha Nidhi Limited and 5 more, all in the same principal business activity (other financial activities).
Narayanankutty Nair Kizhakkekkara ceased to be Additional Director on 27 Jul 2022. Narayanankutty Nair Kizhakkekkara was appointed as Director on 20 Nov 2021. Unnikrishnan Pulinchirakalarikkal ceased to be Director on 20 Nov 2021. Peringode Nidhi has 6 board changes on record in total.
The registered office of Peringode Nidhi is at Door No. 18196 Ist Floor Rccbuilding Parakkal Complex Peringode, Palakkad, Kerala, India – 678631.
Peringode Nidhi operates in the financial services industry, in the other financial intermediation segment.
Peringode Nidhi can be reached at its registered office: Door No. 18196 Ist Floor Rccbuilding Parakkal Complex Peringode, Palakkad, Kerala, India – 678631.