Richindia Nidhi Limited
About Richindia Nidhi Limited
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Richindia Nidhi Limited is a nidhi company based in Thrissur, Kerala, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 09 May 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U65990KL2016PLC045704. Its GSTIN is 32AAHCR7345D1ZJ (Kerala).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.39 Cr. It is led by directors including Maniyan Mathundiyil Raghavan (Managing Director) and Vasudevan Menon Vettiyattil.
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 Door No. 2/157 – P&Q Vvm Complex Gramala Mulakunnathukavu P O, Thrissur, Kerala, India – 680581.
As per the financials filed for FY 2025, the company reported a revenue of ₹23.06 Lakh, a growth of 125% compared to the previous year. For the same year it recorded a net loss of ₹63.48 Lakh (net margin -275.3%) and EBITDA of -₹38.21 Lakh (EBITDA margin -165.7%). Revenue has declined at a compounded annual rate (CAGR) of 37% over three years and 31% over five years.
The company has about 2 employees on its provident fund (EPFO) records.
Court records list 330 cases involving the company, including 326 filed by the company and 4 filed against it; 131 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Richindia Nidhi Limited's registered office is in Thrissur, Kerala. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressDoor No. 2/157 – P&Q Vvm Complex Gramala Mulakunnathukavu P O, Thrissur, Kerala, India – 680581
- IndustryFinancial Services, Financial Activities
To see the full contact details of Richindia 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 Richindia 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 Richindia Nidhi Limited, buy the company report.
Financials of Richindia Nidhi Limited
FY 2025 filings availableRichindia Nidhi Limited reported revenue of ₹23.06 Lakh (up 125% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 125% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 31%. EBITDA fell 631% 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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| Total Expenses | |||||
| EBITDA | -₹38.21 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹63.48 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -165.7% | ||||
| Net Profit Margin | -275.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Richindia Nidhi Limited, buy the company report.
Board of directors of Richindia Nidhi Limited
Richindia Nidhi has 20 current directors and 19 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vasudevan Menon Vettiyattil | Director | 30 Mar 2018 | 8 Years 7 Months | Current |
| Jose Valiyaveettil Mathai | Director | 12 Dec 2017 | 8 Years 10 Months | Current |
| Paul Thomas | Director | 12 Dec 2017 | 8 Years 10 Months | Current |
| Madhavannair Sreedharan | Director | 12 Dec 2017 | 8 Years 10 Months | Current |
| Vasavan Attuvalappil Prabhakaran | Director | 12 Dec 2017 | 8 Years 10 Months | Current |
| Sukumaran Menothparambil Ravunny | Director | 09 May 2016 | 10 Years 5 Months | Current |
Peer comparison
Richindia 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 |
|---|---|---|---|---|---|---|
| Namokar Leasing Private Limited | ₹23.06 Lakh (FY 2024) | -2.0% | Kolkata, West Bengal, India | |||
| Rosy Towers Pvt Ltd | ₹23.06 Lakh (FY 2025) | -46.0% | Kolkata, West Bengal, India | |||
| Friends Loan Company Limited | ₹23.06 Lakh (FY 2024) | 7.0% | Raebareli, Uttar Pradesh, India | |||
| Incone Finance Private Limited | ₹23.06 Lakh (FY 2025) | -27.0% | Delhi, India | |||
| Nutech Stocklinks Private Limited | ₹23.06 Lakh (FY 2022) | 54.0% | Mumbai, Maharashtra, India | |||
| Richindia Nidhi Limitedthis company | ₹23.06 Lakh (FY 2025) | -₹63.48 Lakh | -275.3% | 125.0% | 2 | Thrissur, Kerala, India |
| Shivlingeshwar Finance Nidhi Limited | ₹23.06 Lakh (FY 2023) | 66.0% | Sangli, Maharashtra, India | |||
| Brij Realtech Private Limited | ₹23.05 Lakh (FY 2025) | -47.0% | Delhi, India | |||
| Achyutarama Chitfunds Private Limited | ₹23.05 Lakh (FY 2025) | -1.0% | Hyderabad, Telangana, India | |||
| Healdan Management Consultant Private Limited | ₹23.04 Lakh (FY 2025) | 62.0% | Mumbai, Maharashtra, India | |||
| Virtual Highrise Private Limited | ₹23.04 Lakh (FY 2025) | -47.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Richindia Nidhi Limited, buy the company report.
Auditor
Richindia Nidhi Limited is audited by MIRSA HABIB AND CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MIRSA HABIB AND CO | FY 2017 | 017525S |
Shareholding
The shareholding of Richindia Nidhi Limited is on record for FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Richindia Nidhi Limited, buy the company report.
Legal cases
Richindia Nidhi Limited has 330 court cases on record: 326 filed by Richindia Nidhi, 4 filed against it. 131 cases are pending and 199 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 330 | 4 | 131 |
Cases on record (5 of 330)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thrissur, Kerala | Appeal | Filed against the company by an individual | Pending |
| District court, Thrissur, Kerala | Court case (MA (Arb)) | Filed against the company by Kerala State Financial Enterprise Ltd, Ayyanthole Branch Rep by Its Branch Manager | Pending |
| District court, Thrissur, Kerala | Criminal case | Filed by the company against an individual | Pending |
| District court, Thrissur, Kerala | Appeal | Filed against the company by an individual | Pending |
| District court, Thrissur, Kerala | Criminal case | Filed by the company against an individual | Pending |
To see the full case history of Richindia 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 Richindia Nidhi Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Richindia Nidhi Limited has a workforce of 2 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Richindia Nidhi has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AAHCR7345D1ZJ | Kerala | Active | 19 Aug 2020 |
To see the full GST registrations and return filing status of Richindia Nidhi Limited, buy the company report.
Recent activity
Richindia Nidhi Limited has 40 board changes on record since 2016: 21 appointments and 19 cessations. The latest: Viswanathan Nair Madhavan ceased to be Director on 31 Dec 2025.
31 earlier events are in the company report.
Frequently asked questions
Richindia Nidhi is an active nidhi company based in Thrissur, Kerala, India. The company works in financial activities, within the financial services industry. It was incorporated on 09 May 2016 (10+ years old) and is registered under CIN U65990KL2016PLC045704.
Richindia Nidhi has 20 current directors:
- Maniyan Mathundiyil Raghavan - Managing Director
- Vasudevan Menon Vettiyattil - Director
- Jose Valiyaveettil Mathai - Director
- Paul Thomas - Director
- Madhavannair Sreedharan - Director
- Vasavan Attuvalappil Prabhakaran - Director
- Sukumaran Menothparambil Ravunny - Director
- Viswanathan Ellathu - Director
- Master Dilipkumar Maniparambil Vijayan - Director
- Unnikrishnan Chakkadath Kunhikrishnan - Director
- Sowmini Devadas - Director
- Vettumpilly Kesavan - Director
- Jayaprakash Narayanan - Director
- Ramachandran Kollara Madhavan - Director
- Rejeev Radhakrishna - Director
- Ravunny Raghavan Attassery - Director
- Mannath Gopinathan - Director
- Antony Thenakudam Mathew - Director
- Annie - Director
- Thozhuthumparambil Sreedharan Beena - Director
The latest financial statements of Richindia 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 2017 are in the company report.
The GSTIN of Richindia Nidhi is 32AAHCR7345D1ZJ, registered in Kerala.
The CIN (Corporate Identification Number) of Richindia Nidhi is U65990KL2016PLC045704. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Richindia Nidhi has 330 court cases on record: 326 filed by the company and 4 filed against it. 131 are pending.
Richindia Nidhi was incorporated on 09 May 2016, making it 10+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Richindia Nidhi by revenue are Namokar Leasing Private Limited, Rosy Towers Pvt Ltd, Friends Loan Company Limited, Incone Finance Private Limited, Nutech Stocklinks Private Limited and 5 more, all in the same principal business activity (other financial activities).
Viswanathan Nair Madhavan ceased to be Director on 31 Dec 2025. Chethikkattil Velappakutty Suresh Kumar ceased to be Director on 30 Sep 2025. Venugopalan Vengessery ceased to be Director on 30 Sep 2025. Richindia Nidhi has 40 board changes on record in total.
The registered office of Richindia Nidhi is at Door No. 2157 – P&Q Vvm Complex Gramala Mulakunnathukavu P O, Thrissur, Kerala, India – 680581.
Richindia Nidhi operates in the financial services industry, in the financial activities segment.
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