Thunchan Nidhi Limited
About Thunchan Nidhi Limited
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Thunchan Nidhi Limited is a nidhi company based in Thrissur, Kerala, India. It operates in the financial intermediation and lending segment of the financial services sector. It was incorporated on 12 October 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U65999KL2017PLC050703.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹15 Lakh. It is led by directors including Padaledath Balakrishnan (Managing Director) and Muralidharan Balakrishnan Chemmangattuvalappil.
Its last annual general meeting (AGM) was held on 25 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 27/233 Dnm Road Chembukkavu, Thrissur, Kerala, India – 680020.
As per the financials filed for FY 2023, the company reported a revenue of ₹8.81 Lakh, a decline of 21% compared to the previous year. For the same year it recorded a net loss of ₹2.16 Lakh (net margin -24.5%) and EBITDA of ₹4.77 Lakh (EBITDA margin 54.1%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 159% over five years.
Court records list 55 cases involving the company, including 55 filed by the company; 16 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Thunchan Nidhi Limited's registered office is in Thrissur, Kerala. Its e-mail address is in the company report.
- Email
- Registered Address27/233 Dnm Road Chembukkavu, Thrissur, Kerala, India – 680020
- IndustryFinancial Services, Other Financial Intermediation
To see the full contact details of Thunchan 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 Thunchan 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 Thunchan Nidhi Limited, buy the company report.
Financials of Thunchan Nidhi Limited
FY 2023 filings availableThunchan Nidhi Limited reported revenue of ₹8.81 Lakh (down 21% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue fell 21% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 159%. EBITDA fell 35% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | ₹4.77 Lakh | ||||
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| Net Profit (PAT) | -₹2.16 Lakh | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Profitability | |||||
| EBITDA Margin | 54.1% | ||||
| Net Profit Margin | -24.5% | ||||
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To see the full financial statements and ratios of Thunchan Nidhi Limited, buy the company report.
Board of directors of Thunchan Nidhi Limited
Thunchan Nidhi has 10 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Muralidharan Balakrishnan Chemmangattuvalappil Also directs: Ezhuthachan Kuries Private Limited | Director | 12 Oct 2017 | 9 Years 1 Months | Current |
| Kumaran Ayyappan Attupurath | Director | 12 Oct 2017 | 9 Years 1 Months | Current |
| Padaledath Balakrishnan Also directs: Ezhuthachan Kuries Private Limited | Managing Director | 19 Sep 2022 | 4 Years 1 Months | Current |
| Payathuparambil Raman Prabhakarn | Additional Director | 09 Feb 2024 | 2 Years 9 Months | Current |
| Krishna Kiran | Additional Director | 09 Feb 2024 | 2 Years 9 Months | Current |
| Chamaparambil Raman Rajan | Additional Director | 09 Feb 2024 | 2 Years 9 Months | Current |
Peer comparison
Thunchan 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 |
|---|---|---|---|---|---|---|
| Tirupati Stock Broking & Services Pvt. Ltd. | ₹8.84 Lakh (FY 2025) | -25.0% | Kolkata, West Bengal, India | |||
| Sadulpur Trading Cp.Pvt Ltd | ₹8.83 Lakh (FY 2025) | -33.0% | Kolkata, West Bengal, India | |||
| Ordinary Chits Private Limited | ₹8.83 Lakh (FY 2024) | -9.0% | Thrissur, Kerala, India | |||
| Atapa Technologies Private Limited | ₹8.83 Lakh (FY 2024) | 131.0% | Noida, Uttar Pradesh, India | |||
| Saharsh Properties Private Limited | ₹8.82 Lakh (FY 2024) | -32.0% | Sreebhumi, West Bengal, India | |||
| Thunchan Nidhi Limitedthis company | ₹8.81 Lakh (FY 2023) | -₹2.16 Lakh | -24.5% | -21.0% | Thrissur, Kerala, India | |
| Dolphin Holdings & Real Estate Pvt Ltd | ₹8.81 Lakh (FY 2022) | -59.0% | Raipur, Chhattisgarh, India | |||
| Zeel Ceramics Private Limited | ₹8.81 Lakh (FY 2016) | 14.0% | Mumbai, Maharashtra, India | |||
| Dawn Financial Services Limited | ₹8.81 Lakh (FY 2025) | -44.0% | Chandigarh, India | |||
| Raghubar Automobile and General Finance Company Private Limited | ₹8.8 Lakh (FY 2025) | -62.0% | Lucknow, Uttar Pradesh, India | |||
| Somashekara Chit Funds Private Limited | ₹8.8 Lakh (FY 2025) | -33.0% | Karimnagar, Telangana, India |
To see the full peer comparison of Thunchan Nidhi Limited, buy the company report.
Legal cases
Thunchan Nidhi Limited has 55 court cases on record: 55 filed by Thunchan Nidhi. 16 cases are pending and 39 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 55 | 0 | 16 |
Cases on record (5 of 55)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thrissur, Kerala | Criminal case | Filed by the company against an individual | Pending |
| District court, Thrissur, Kerala | Criminal case | Filed by the company against an individual | Pending |
| District court, Thrissur, Kerala | Civil suit | Filed by the company against an individual | Pending |
| District court, Thrissur, Kerala | Criminal case | Filed by the company against an individual | Pending |
| District court, Thrissur, Kerala | Criminal complaint | Filed by the company against an individual | Pending |
To see the full case history of Thunchan 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 Thunchan 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 Thunchan Nidhi Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Thunchan Nidhi Limited has 13 board changes on record since 2017: 10 appointments and 3 cessations. The latest: Chamaparambil Raman Rajan was appointed as Additional Director on 09 Feb 2024.
4 earlier events are in the company report.
Frequently asked questions
Thunchan Nidhi is an active nidhi company based in Thrissur, Kerala, India. The company works in other financial intermediation, within the financial services industry. It was incorporated on 12 October 2017 (9+ years old) and is registered under CIN U65999KL2017PLC050703.
Thunchan Nidhi has 10 current directors:
- Padaledath Balakrishnan - Managing Director
- Muralidharan Balakrishnan Chemmangattuvalappil - Director
- Kumaran Ayyappan Attupurath - Director
- Payathuparambil Raman Prabhakarn - Additional Director
- Krishna Kiran - Additional Director
- Chamaparambil Raman Rajan - Additional Director
- Ramachandran Krishnan Ezhuthachan Machingal - Director
- Ramankutty Nanu Ezhuthachan Palukkassery - Director
- Jayachandran Thattamparambil Ravunny - Director
- Babu Ramakrishnan Pookattuparambil - Director
The latest financial statements of Thunchan Nidhi on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 25 September 2023. Year-wise statements from FY 2018 are in the company report.
The CIN (Corporate Identification Number) of Thunchan Nidhi is U65999KL2017PLC050703. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Thunchan Nidhi has 55 court cases on record: 55 filed by the company. 16 are pending.
Thunchan Nidhi was incorporated on 12 October 2017, making it 9+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Thunchan Nidhi by revenue are Tirupati Stock Broking & Services Pvt. Ltd, Sadulpur Trading Cp.Pvt Ltd, Ordinary Chits Private Limited, Atapa Technologies Private Limited, Saharsh Properties Private Limited and 5 more, all in the same principal business activity (other financial activities).
Chamaparambil Raman Rajan was appointed as Additional Director on 09 Feb 2024. Krishna Kiran was appointed as Additional Director on 09 Feb 2024. Payathuparambil Raman Prabhakarn was appointed as Additional Director on 09 Feb 2024. Thunchan Nidhi has 13 board changes on record in total.
The registered office of Thunchan Nidhi is at 27233 Dnm Road Chembukkavu, Thrissur, Kerala, India – 680020.
Thunchan Nidhi operates in the financial services industry, in the other financial intermediation segment.
The compliance status of Thunchan Nidhi is compliant as of 03 August 2026. The company is actively filing with the Registrar of Companies.
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