Cheriyil Nidhi Limited
About Cheriyil Nidhi Limited
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Cheriyil Nidhi Limited is a nidhi company based in Thiruvananthapuram, Kerala, India. It operates in the financial intermediation and lending segment of the financial services sector. It was incorporated on 07 June 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U65929KL2019PLC058312.
The company has an authorised share capital of ₹23 Lakh and a paid-up capital of ₹21.01 Lakh. It is led by directors including Praveen Sadasivan (Managing Director) and Arun Kumar Prasad Kumar.
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 Thiruvananthapuram, Kerala.
As per the financials filed for FY 2024, the company reported a revenue of ₹10.66 Lakh, a decline of 37% compared to the previous year. For the same year it recorded a net profit of ₹34,170 (net margin 3.2%) and EBITDA of ₹8.97 Lakh (EBITDA margin 84.1%). Revenue has grown at a compounded annual rate (CAGR) of 44% over three years.
Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Cheriyil Nidhi Limited's registered office is in Thiruvananthapuram, Kerala.
- Registered AddressTc 17/4656 Ground Floor, Space Marvel Mansion, Thiruvananthapuram, Kerala, India – 695004
- IndustryFinancial Services, Other Financial Intermediation, Credit Allocation Agencies, Pawn Shops
- 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 Cheriyil 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 Cheriyil Nidhi Limited, buy the company report.
Financials of Cheriyil Nidhi Limited
FY 2025 filings availableCheriyil Nidhi Limited reported revenue of ₹10.66 Lakh (down 37% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 37% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 44%. EBITDA fell 42% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹8.97 Lakh | ||||
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| Net Profit (PAT) | ₹34,170 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 84.1% | ||||
| Net Profit Margin | 3.2% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Cheriyil Nidhi Limited, buy the company report.
Board of directors of Cheriyil Nidhi Limited
Cheriyil Nidhi has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Praveen Sadasivan | Managing Director | 06 Nov 2024 | 1 Years 11 Months | Current |
| Arun Kumar Prasad Kumar | Director | 06 Nov 2024 | 1 Years 11 Months | Current |
| Lekshmi Jaya Prakash | Additional Director | 20 Dec 2024 | 1 Years 10 Months | Current |
Peer comparison
Cheriyil 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 |
|---|---|---|---|---|---|---|
| Nutech Vincom Private Limited | ₹10.67 Lakh (FY 2023) | -35.0% | Parganas North, West Bengal, India | |||
| Wingspan Enterprises India Private Limited | ₹10.66 Lakh (FY 2025) | 6.0% | Kottayam, Kerala, India | |||
| Antique Vinimay Private Limited | ₹10.66 Lakh (FY 2024) | 6.0% | Dhalbhum, Jharkhand, India | |||
| Puramchuttil LV Chits Private Limited | ₹10.66 Lakh (FY 2024) | -26.0% | Kottarakkara, Kerala, India | |||
| Rajat Corporate Management Pvt Ltd | ₹10.66 Lakh (FY 2025) | 35.0% | Kolkata, West Bengal, India | |||
| Cheriyil Nidhi Limitedthis company | ₹10.66 Lakh (FY 2024) | ₹34,170 | 3.2% | -37.0% | Thiruvananthapuram, Kerala, India | |
| Incredible Finesse Private Limited | ₹10.66 Lakh (FY 2025) | -47.0% | Kolkata, West Bengal, India | |||
| Koyilandy Sreedeepam Nidhi India Limited | ₹10.66 Lakh (FY 2025) | -27.0% | Koyilandy, Kerala, India | |||
| Shiv Finloan Pvt Ltd | ₹10.65 Lakh (FY 2025) | -12.0% | Baran, Rajasthan, India | |||
| Dhanapuram Nidhi Limited | ₹10.65 Lakh (FY 2022) | 66.0% | Perambra P O, Kerala, India | |||
| Carabiners International Private Limited | ₹10.65 Lakh (FY 2025) | -30.0% | Indore, Madhya Pradesh, India |
To see the full peer comparison of Cheriyil Nidhi Limited, buy the company report.
Legal cases
Cheriyil Nidhi Limited has 1 court case on record: 1 filed by Cheriyil Nidhi. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Kerala | Writ petition | Filed by the company against Union of India | Disposed |
To see the full case history of Cheriyil 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 Cheriyil 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 Cheriyil Nidhi Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Cheriyil Nidhi Limited has 9 board changes on record since 2020: 3 appointments and 6 cessations. The latest: Arun Kumar Prasad Kumar ceased to be Additional Director on 17 Mar 2025.
Frequently asked questions
Cheriyil Nidhi is an active nidhi company based in Thiruvananthapuram, Kerala, India. The company works in other financial intermediation, within the financial services industry. It was incorporated on 07 June 2019 (7+ years old) and is registered under CIN U65929KL2019PLC058312.
Cheriyil Nidhi has 3 current directors:
- Praveen Sadasivan - Managing Director
- Arun Kumar Prasad Kumar - Director
- Lekshmi Jaya Prakash - Additional Director
The latest financial statements of Cheriyil 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 2020 are in the company report.
The CIN (Corporate Identification Number) of Cheriyil Nidhi is U65929KL2019PLC058312. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Cheriyil Nidhi has 1 court case on record: 1 filed by the company.
Cheriyil Nidhi was incorporated on 07 June 2019, making it 7+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Cheriyil Nidhi by revenue are Nutech Vincom Private Limited, Wingspan Enterprises India Private Limited, Antique Vinimay Private Limited, Puramchuttil LV Chits Private Limited, Rajat Corporate Management Pvt Ltd and 5 more, all in the same principal business activity (other financial activities).
Arun Kumar Prasad Kumar ceased to be Additional Director on 17 Mar 2025. Praveen Sadasivan ceased to be Additional Director on 17 Mar 2025. Janardhanan Pillai Hemachandran Nair ceased to be Director on 21 Dec 2024. Cheriyil Nidhi has 9 board changes on record in total.
The registered office of Cheriyil Nidhi is at Tc 174656 Ground Floor, Space Marvel Mansion, Thiruvananthapuram, Kerala, India – 695004.
Cheriyil Nidhi operates in the financial services industry, in the other financial intermediation segment.
The compliance status of Cheriyil Nidhi is compliant as of 29 September 2026. The company is actively filing with the Registrar of Companies.