About ERNAD NIDHI
ERNAD NIDHI is a Financial Services company based in Malappuram (India) founded in 2016. It provides loans, deposits, and savings schemes to members in India. It operates on a B2C model. Its Indian entity Ernad Nidhi Limited reported revenue of ₹3.48 Cr. ERNAD NIDHI offers products and services including Gold Loan, Mortgage Loan, Loan Against Deposits, Term Deposits, and Savings Deposits. Its focus areas include FinTech, Lending Tech, Microfinance and Nidhi Loans. Its competitors include Margadarsi Chit Fund, Kannattu and Saya Nidhi.
Company details
Ernad Nidhi Limited is a registered Nidhi company under the Companies Act, 2013, based in Malappuram, India. It provides financial services including gold loans, mortgage loans, term deposits, and savings schemes to promote thrift among members. Operating under the Ministry of Corporate Affairs, it has multiple branches and focuses on safe, low-interest lending options for thousands of satisfied members.
- Headquarters Malappuram, India
- SectorsFinancial Services
- Website ernadnidhi.com
- Social Facebook
- Legal Name Ernad Nidhi Limited
- Date of Incorporation 05 Feb, 2016
- Jurisdiction Malappuram, Kerala, India
- Annual Revenue₹3.48 Cr
FY 2025 · +4% YoY
- EBITDA₹2.61 Cr
FY 2025 · 75% margin
Associated legal entities of ERNAD NIDHI
ERNAD NIDHI operates through Ernad Nidhi Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Ernad Nidhi Limited CIN U65920KL2016PLC040078 | Active | 05 Feb 2016 | Malappuram, Kerala | ₹3.5 Cr | 3 | View details |
Products & Services of ERNAD NIDHI
ERNAD NIDHI offers a comprehensive portfolio of products and services, including Gold Loan, Mortgage Loan, Loan Against Deposits, Term Deposits, and Savings Deposits.
Offers loans against gold with low interest rates.
Provides loans secured by property mortgages.
Facilitates loans using existing deposits as collateral.
Allows fixed-term savings with interest returns.
Enables basic savings accounts for members.
Supports regular deposit plans for future growth.
Board of directors of Ernad Nidhi Limited (ERNAD NIDHI)
Ernad Nidhi Limited is the primary company behind ERNAD NIDHI. The board of Ernad Nidhi Limited currently have 3 directors; the longest-serving is Vivek Nalupurakkal Bahuleyan, appointed in 2016. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Vivek Nalupurakkal Bahuleyan DIN 07390587 | Managing Director | 05 Feb 2016 | 10 yrs 8 mo | Ernad Nidhi Limited |
| Parol Puthusseri Sanjith DIN 07610455 | Whole-time director | 08 Sep 2016 | 10 yrs 1 mo | Ernad Nidhi Limited |
| Vijayam DIN 11272985 | Additional Director | 03 Sep 2025 | 1 yr 1 mo | Ernad Nidhi Limited |
Financials of ERNAD NIDHI
Figures of Ernad Nidhi Limited, the primary company behind ERNAD NIDHI, for FY 2025. Revenue was ₹3.48 Cr (+4% year on year). EBITDA was ₹2.61 Cr (75% margin). Revenue has grown at a compounded annual rate of +8% over three years and +23% over five years.
- ₹3.48 CrRevenue · FY 2025 · +4% YoY
- ₹2.61 CrEBITDA · 75% margin
- ₹1.50 CrPaid-up capital
- +8%Revenue CAGR, 3 years
- +23%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Ernad Nidhi Limited are on its company page.
Detailed financial statements for ERNAD NIDHI
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Competitors of ERNAD NIDHI
ERNAD NIDHI has 3 listed competitors in our database. They include Margadarsi Chit Fund, Kannattu and Saya Nidhi.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| margadarsi.com | 1962 | Hyderabad, India | 737 | Functions as a cooperative lending company providing financial services. | ||
| kannattu.com | 1986 | Chengannur, India | 112 | Offers gold loans, insurance, travel services, and money transfer in India. | ||
| sayanidhi.com | 2018 | Jaipur, India | Financial company providing deposits, loans, saving accounts, and schemes for members in India. |
Detailed competitors of ERNAD NIDHI
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- Full competitor set
- Operating metrics
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Verified entity values are shown only after access is granted.
Top companies in Microfinance
3 companies that operate in the same segment as ERNAD NIDHI (Microfinance) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Microfinance banking services are offered in India by ESAF. | 1992 | Thrissur, Kerala, India | USD 101.74 M | USD 474.19 M | 12,520 | |
Micro loans for businesses are offered by this NBFC. | 1990 | Delhi, Delhi, India | USD 40 M | USD 310.26 M | 15,190 | |
Provider of microloans | 2010 | Delhi, Delhi, India | USD 71.68 M | 12,403 |
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Frequently Asked Questions about ERNAD NIDHI
ERNAD NIDHI was founded in 2016.
ERNAD NIDHI is headquartered in Malappuram, India. It is registered at Malappuram, Kerala, India.
The primary company behind ERNAD NIDHI, Ernad Nidhi Limited, reported revenue of ₹3.48 Cr for FY 2025, up 4% year on year.
Ernad Nidhi Limited is a registered Nidhi company under the Companies Act, 2013, based in Malappuram, India. It provides financial services including gold loans, mortgage loans, term deposits, and savings schemes to promote thrift among members. Operating under the Ministry of Corporate Affairs, it has multiple branches and focuses on safe, low-interest lending options for thousands of satisfied members.
ERNAD NIDHI's top competitors include Margadarsi Chit Fund, Kannattu and Saya Nidhi.
ERNAD NIDHI offers Gold Loan, Mortgage Loan, Loan Against Deposits, Term Deposits, and 2 more products and services.
ERNAD NIDHI operates through Ernad Nidhi Limited.
The legal entities of ERNAD NIDHI currently have 3 directors, including Parol Puthusseri Sanjith, Vivek Nalupurakkal Bahuleyan, Vijayam.