Cherithekkethil Nidhi Limited
About Cherithekkethil Nidhi Limited
Data last updated:
Cherithekkethil Nidhi Limited is a nidhi company based in Alappuzha, Kerala, India. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 09 July 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U65900KL2016PLC046246.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.66 Cr. It is led by directors including Vijayakumar Cherithekkethil Raghavan Nair (Managing Director) and Vivek Vijayakumar Nair.
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 Alappuzha, Kerala.
As per the financials filed for FY 2026, the company reported a revenue of ₹20.07 Lakh, a decline of 73% compared to the previous year. For the same year it recorded a net loss of ₹2.34 Lakh (net margin -11.6%) and EBITDA of ₹3.81 Lakh (EBITDA margin 19%). Revenue has declined at a compounded annual rate (CAGR) of 60% over three years and 45% over five years.
Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Cherithekkethil Nidhi Limited's registered office is in Alappuzha, Kerala. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressDoor No. 8/178 Cherithekkethil House Puliyoor P O Che, Ngannur, Alappuzha, Kerala, India – 689510
- IndustryFinancial Services, Microfinance Institutions
To see the full contact details of Cherithekkethil 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 Cherithekkethil 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 Cherithekkethil Nidhi Limited, buy the company report.
Financials of Cherithekkethil Nidhi Limited
FY 2025 filings availableCherithekkethil Nidhi Limited reported revenue of ₹20.07 Lakh (down 73% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 45% over five years, including a 73% fall in the latest year. EBITDA fell 83% 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
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| EBITDA | ₹3.81 Lakh | ||||
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| Net Profit (PAT) | -₹2.34 Lakh | ||||
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Financial Ratios
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
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| Profitability | |||||
| EBITDA Margin | 19% | ||||
| Net Profit Margin | -11.6% | ||||
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To see the full financial statements and ratios of Cherithekkethil Nidhi Limited, buy the company report.
Board of directors of Cherithekkethil Nidhi Limited
Cherithekkethil Nidhi has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vivek Vijayakumar Nair | Director | 09 Jul 2016 | 10 Years 3 Months | Current |
| Vijayakumar Cherithekkethil Raghavan Nair | Managing Director | 09 Jul 2016 | 10 Years 3 Months | Current |
| Hemalatha Sudhakaran Nair | Director | 09 Jul 2016 | 10 Years 3 Months | Current |
Peer comparison
Cherithekkethil Nidhi Limited is compared with the 4 companies closest to it by revenue in the BFSI industry (Micro Finance), with 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 |
|---|---|---|---|---|---|---|
| Selvakiruthikai Chits Private Limited | ₹74.74 Lakh (FY 2025) | 4.0% | Erode, Tamil Nadu, India | |||
| Dhason Nidhi Limited | ₹74.57 Lakh (FY 2024) | 51.0% | Kanyakumari, Tamil Nadu, India | |||
| Akkur Financial Chit Corporation Private Limited | ₹74.19 Lakh (FY 2025) | 6.0% | Mayiladuthurai, Tamil Nadu, India | |||
| Siva Shankar Rao Chit Funds Private Limited | ₹74.17 Lakh (FY 2025) | 3.0% | Hyderabad, Telangana, India | |||
| Cherithekkethil Nidhi Limitedthis company | ₹20.07 Lakh (FY 2026) | -₹2.34 Lakh | -11.6% | -73.0% | Alappuzha, Kerala, India |
To see the full peer comparison of Cherithekkethil Nidhi Limited, buy the company report.
Auditor
Cherithekkethil 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 Cherithekkethil 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 Cherithekkethil Nidhi Limited, buy the company report.
Legal cases
Cherithekkethil Nidhi Limited has 1 court case on record: 1 filed by Cherithekkethil Nidhi. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, Kerala | Writ petition | Filed by the company against Union of India and 3 others | Pending |
To see the full case history of Cherithekkethil 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 Cherithekkethil 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 Cherithekkethil Nidhi Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Cherithekkethil Nidhi Limited has 8 board changes on record since 2016: 4 appointments and 4 cessations. The latest: Rajamohanan Chandrasekharan Pillai ceased to be Director on 25 Mar 2019.
Frequently asked questions
Cherithekkethil Nidhi is an active nidhi company based in Alappuzha, Kerala, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 09 July 2016 (10+ years old) and is registered under CIN U65900KL2016PLC046246.
Cherithekkethil Nidhi has 3 current directors:
- Vijayakumar Cherithekkethil Raghavan Nair - Managing Director
- Vivek Vijayakumar Nair - Director
- Hemalatha Sudhakaran Nair - Director
The latest financial statements of Cherithekkethil 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 CIN (Corporate Identification Number) of Cherithekkethil Nidhi is U65900KL2016PLC046246. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Cherithekkethil Nidhi has 1 court case on record: 1 filed by the company. 1 is pending.
Cherithekkethil Nidhi was incorporated on 09 July 2016, making it 10+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Cherithekkethil Nidhi by revenue are Selvakiruthikai Chits Private Limited, Dhason Nidhi Limited, Akkur Financial Chit Corporation Private Limited, Siva Shankar Rao Chit Funds Private Limited, all in the BFSI industry (Micro Finance), with the same principal business activity (other financial activities).
Rajamohanan Chandrasekharan Pillai ceased to be Director on 25 Mar 2019. Sajimon Sambasivan ceased to be Director on 25 Mar 2019. Aravind Reghunathan Nair ceased to be Director on 20 Apr 2018. Cherithekkethil Nidhi has 8 board changes on record in total.
The registered office of Cherithekkethil Nidhi is at Door No. 8178 Cherithekkethil House Puliyoor P O Che, Ngannur, Alappuzha, Kerala, India – 689510.
Cherithekkethil Nidhi operates in the financial services industry, in the microfinance institutions segment.
The compliance status of Cherithekkethil Nidhi is compliant as of 30 August 2026. The company is actively filing with the Registrar of Companies.