Qolar Nidhi Limited
About Qolar Nidhi Limited
Data last updated:
Qolar Nidhi Limited is a nidhi company based in Bangalore, Karnataka, India. It operates in the financial intermediation and lending segment of the financial services sector. It was incorporated on 11 June 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U65990KA2019PLC125124.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Pathi Rahul and Pathi Yashwant.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at 15 Second Floor Khatha No 42/4 Property No 81 Dasarahalli Main Road, Bangalore, Karnataka, India – 560024.
As per the financials filed for FY 2021, the company reported a revenue of ₹5.93 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹42,789 (net margin 7.2%) and EBITDA of ₹41,934 (EBITDA margin 7.1%).
Company details
Contact details
Qolar Nidhi Limited's registered office is in Bangalore, Karnataka.
- Registered Address15 Second Floor Khatha No 42/4 Property No 81 Dasarahalli Main Road, Bangalore, Karnataka, India – 560024
- 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 Qolar 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 Qolar Nidhi Limited, buy the company report.
Financials of Qolar Nidhi Limited
FY 2021 filings availableQolar Nidhi Limited reported revenue of ₹5.93 Lakh (up 645% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue rose 645% in the latest year. EBITDA rose 109% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2020-21 | FY 2019-20 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹41,934 | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹42,789 | |
| Balance Sheet | ||
| Share Capital | ||
| Reserves and Surplus | ||
| Net Worth (Total Equity) | ||
| Long-term Borrowings | ||
| Short-term Borrowings | ||
| Trade Payables | ||
| Total Liabilities | ||
| Fixed Assets | ||
| Investments | ||
| Inventories | ||
| Trade Receivables | ||
| Cash and Bank Balance | ||
| Total Assets | ||
Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 7.1% | |
| Net Profit Margin | 7.2% | |
| Return on Equity (ROE) | ||
| Return on Capital Employed (ROCE) | ||
| Return on Assets (ROA) | ||
| Liquidity and Debt | ||
| Current Ratio | ||
| Quick Ratio | ||
| Debt-to-Equity Ratio | ||
| Interest Coverage Ratio | ||
| Efficiency and Growth | ||
| Asset Turnover | ||
| Receivable Days | ||
| Payable Days | ||
| Inventory Days | ||
| Revenue Growth | ||
| Net Profit Growth | ||
To see the full financial statements and ratios of Qolar Nidhi Limited, buy the company report.
Board of directors of Qolar Nidhi Limited
Qolar Nidhi has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pathi Rahul | Director | 11 Jun 2019 | 7 Years 4 Months | Current |
| Pathi Yashwant Also directs: Qolar Technologies Private Limited | Director | 11 Jun 2019 | 7 Years 4 Months | Current |
| Padmaja Pathi | Director | 11 Jun 2019 | 7 Years 4 Months | Current |
| Pathi Vikram Vinayak Also directs: Qolar Technologies Private Limited | Director | 11 Jun 2019 | 7 Years 4 Months | Current |
Peer comparison
Qolar 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 |
|---|---|---|---|---|---|---|
| Bala Saraswathi Nidhi Limited | ₹5.94 Lakh (FY 2025) | -45.0% | Thoothukudi, Tamil Nadu, India | |||
| Useekvdeliver Consultants Private Limited | ₹5.94 Lakh (FY 2024) | -81.0% | Faridabad, Haryana, India | |||
| Rishu Agencies Pvt. Ltd. | ₹5.94 Lakh (FY 2020) | -97.0% | New Delhi, Delhi, India | |||
| Cabalo Services Private Limited | ₹5.94 Lakh (FY 2025) | 49.0% | Bangalore, Karnataka, India | |||
| Tirupur Lakshmi Vilas Chit Funds Private Limited | ₹5.93 Lakh (FY 2025) | 5.0% | Coimbatore, Tamil Nadu, India | |||
| Qolar Nidhi Limitedthis company | ₹5.93 Lakh (FY 2021) | ₹42,789 | 7.2% | 645.0% | Bangalore, Karnataka, India | |
| Vasavi Palamoor Chit Funds Private Limited | ₹5.93 Lakh (FY 2024) | 26.0% | Mahabubnagar, Telangana, India | |||
| Vellangallur Kuries Private Limited | ₹5.93 Lakh (FY 2022) | 20.0% | Thrissur, Kerala, India | |||
| Gamut Commercials (P) Ltd | ₹5.92 Lakh (FY 2025) | -8.0% | Delhi, India | |||
| Jagannath Bholusa Nidhi Limited | ₹5.92 Lakh (FY 2023) | 60.0% | Alirajpur, Madhya Pradesh, India | |||
| Jaylaxmi Gold Nidhi Limited | ₹5.92 Lakh (FY 2023) | 186.0% | Ratangarh, Rajasthan, India |
To see the full peer comparison of Qolar Nidhi Limited, buy the company report.
Legal cases
No court or tribunal cases involving Qolar Nidhi 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 Qolar 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 Qolar Nidhi Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Qolar Nidhi Limited has 4 board changes on record since 2019: 4 appointments. The latest: Padmaja Pathi was appointed as Director on 11 Jun 2019.
Frequently asked questions
Qolar Nidhi is an active nidhi company based in Bangalore, Karnataka, India. The company works in other financial intermediation, within the financial services industry. It was incorporated on 11 June 2019 (7+ years old) and is registered under CIN U65990KA2019PLC125124.
Qolar Nidhi has 4 current directors:
- Pathi Rahul - Director
- Pathi Yashwant - Director
- Padmaja Pathi - Director
- Pathi Vikram Vinayak - Director
The latest financial statements of Qolar Nidhi on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from FY 2020 are in the company report.
The CIN (Corporate Identification Number) of Qolar Nidhi is U65990KA2019PLC125124. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Qolar Nidhi was incorporated on 11 June 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Qolar Nidhi by revenue are Bala Saraswathi Nidhi Limited, Useekvdeliver Consultants Private Limited, Rishu Agencies Pvt. Ltd, Cabalo Services Private Limited, Tirupur Lakshmi Vilas Chit Funds Private Limited and 5 more, all in the same principal business activity (other financial activities).
Padmaja Pathi was appointed as Director on 11 Jun 2019. Pathi Rahul was appointed as Director on 11 Jun 2019. Pathi Vikram Vinayak was appointed as Director on 11 Jun 2019. Qolar Nidhi has 4 board changes on record in total.
The registered office of Qolar Nidhi is at 15 Second Floor Khatha No 424 Property No 81 Dasarahalli Main Road, Bangalore, Karnataka, India – 560024.
Qolar Nidhi operates in the financial services industry, in the other financial intermediation segment.
Qolar Nidhi can be reached at its registered office: 15 Second Floor Khatha No 424 Property No 81 Dasarahalli Main Road, Bangalore, Karnataka, India – 560024.
Qolar Nidhi is registered under the jurisdiction of the Registrar of Companies (ROC), Bangalore.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
