Ckredence Nidhi Limited
About Ckredence Nidhi Limited
Data last updated:
Ckredence 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 28 December 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U65929KL2020PLN066616.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹25 Lakh. It is led by directors including Chathiyath Gopakumar (Managing Director) and Kanadimadom Vishnudas Shanmughadas.
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 27/405/4 Sree Lakshmi Building Chembukavu Thrissur, Kerala, India – 680002.
As per the financials filed for FY 2024, the company reported a revenue of ₹13.19 Lakh, a decline of 15% compared to the previous year. For the same year it recorded a net loss of ₹47,739 (net margin -3.6%) and EBITDA of ₹8.9 Lakh (EBITDA margin 67.5%). Revenue has grown at a compounded annual rate (CAGR) of 206% over three years.
Court records list 3 cases involving the company, including 3 filed by the company; 1 case is pending.
Company details
Contact details
Ckredence Nidhi Limited's registered office is in Thrissur, Kerala.
- Registered Address27/405/4 Sree Lakshmi Building Chembukavu Thrissur, Kerala, India – 680002
- 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 Ckredence 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 Ckredence Nidhi Limited, buy the company report.
Financials of Ckredence Nidhi Limited
FY 2025 filings availableCkredence Nidhi Limited reported revenue of ₹13.19 Lakh (down 15% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 15% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 206%. EBITDA fell 26% 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 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹8.9 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹47,739 | |||
| Balance Sheet | ||||
| Share Capital | ||||
| Reserves and Surplus | ||||
| Net Worth (Total Equity) | ||||
| Long-term Borrowings | ||||
| Short-term Borrowings | ||||
| Trade Payables | ||||
| Total Liabilities | ||||
| Fixed Assets | ||||
| Investments | ||||
| Inventories | ||||
| Trade Receivables | ||||
| Cash and Bank Balance | ||||
| Total Assets | ||||
Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 67.5% | |||
| Net Profit Margin | -3.6% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
| Quick Ratio | ||||
| Debt-to-Equity Ratio | ||||
| Interest Coverage Ratio | ||||
| Efficiency and Growth | ||||
| Asset Turnover | ||||
| Receivable Days | ||||
| Payable Days | ||||
| Inventory Days | ||||
| Revenue Growth | ||||
| Net Profit Growth | ||||
To see the full financial statements and ratios of Ckredence Nidhi Limited, buy the company report.
Board of directors of Ckredence Nidhi Limited
Ckredence Nidhi has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chathiyath Gopakumar | Managing Director | 28 Dec 2020 | 5 Years 10 Months | Current |
| Kanadimadom Vishnudas Shanmughadas Also directs: Ckredence Soesy Private Limited | Director | 28 Dec 2020 | 5 Years 10 Months | Current |
| Vanparambil Geethkumar Nidhin Also directs: Ckredence Soesy Private Limited | Director | 28 Dec 2020 | 5 Years 10 Months | Current |
Peer comparison
Ckredence 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 |
|---|---|---|---|---|---|---|
| Cedar Finance Private Limited | ₹13.23 Lakh (FY 2025) | -99.0% | Moga, Punjab, India | |||
| Jai Hire Purchase Company(India) Limited | ₹13.22 Lakh (FY 2024) | 6.0% | Guwahati, Assam, India | |||
| Gulsan Finance Private Limited | ₹13.2 Lakh (FY 2024) | -70.0% | Delhi, India | |||
| Jagrati Micro Credit & Welfare Foundation | ₹13.2 Lakh (FY 2021) | -51.0% | Lucknow, Uttar Pradesh, India | |||
| Padinjarathala Securities Private Limited | ₹13.2 Lakh (FY 2025) | 67.0% | Thrissur, Kerala, India | |||
| Ckredence Nidhi Limitedthis company | ₹13.19 Lakh (FY 2024) | -₹47,739 | -3.6% | -15.0% | Thrissur, Kerala, India | |
| Adhar Credits Private Limited | ₹13.19 Lakh (FY 2025) | 36.0% | New Delhi, Delhi, India | |||
| Sankalp Siddhi Multipurpose Nidhi Limited | ₹13.19 Lakh (FY 2022) | 478.0% | Panhala, Maharashtra, India | |||
| Asl Ashoka Nidhi Limited | ₹13.19 Lakh (FY 2024) | 2.0% | Alappuzha, Kerala, India | |||
| Ecomark Kuries Private Limited | ₹13.18 Lakh (FY 2017) | -17.0% | Thrissur, Kerala, India | |||
| Devasena Kuries Private Limited | ₹13.18 Lakh (FY 2015) | -50.0% | Thrissur, Kerala, India |
To see the full peer comparison of Ckredence Nidhi Limited, buy the company report.
Legal cases
Ckredence Nidhi Limited has 3 court cases on record: 3 filed by Ckredence Nidhi. 1 case is pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 0 | 1 |
Cases on record (3 of 3)
| 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 miscellaneous application | Filed by the company against an individual | Disposed |
| District court, Thrissur, Kerala | Criminal miscellaneous application | Filed by the company against an individual | Disposed |
To see the full case history of Ckredence 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 Ckredence 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 Ckredence Nidhi Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Ckredence Nidhi Limited has 3 board changes on record since 2020: 3 appointments. The latest: Chathiyath Gopakumar was appointed as Managing Director on 28 Dec 2020.
Frequently asked questions
Ckredence 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 28 December 2020 (6+ years old) and is registered under CIN U65929KL2020PLN066616.
Ckredence Nidhi has 3 current directors:
- Chathiyath Gopakumar - Managing Director
- Kanadimadom Vishnudas Shanmughadas - Director
- Vanparambil Geethkumar Nidhin - Director
The latest financial statements of Ckredence 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 2021 are in the company report.
The CIN (Corporate Identification Number) of Ckredence Nidhi is U65929KL2020PLN066616. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ckredence Nidhi has 3 court cases on record: 3 filed by the company. 1 is pending.
Ckredence Nidhi was incorporated on 28 December 2020, making it 6+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Ckredence Nidhi by revenue are Cedar Finance Private Limited, Jai Hire Purchase Company(India) Limited, Gulsan Finance Private Limited, Jagrati Micro Credit & Welfare Foundation, Padinjarathala Securities Private Limited and 5 more, all in the same principal business activity (other financial activities).
Chathiyath Gopakumar was appointed as Managing Director on 28 Dec 2020. Kanadimadom Vishnudas Shanmughadas was appointed as Director on 28 Dec 2020. Vanparambil Geethkumar Nidhin was appointed as Director on 28 Dec 2020.
The registered office of Ckredence Nidhi is at 274054 Sree Lakshmi Building Chembukavu Thrissur, Kerala, India – 680002.
Ckredence Nidhi operates in the financial services industry, in the other financial intermediation segment.
Ckredence Nidhi can be reached at its registered office: 274054 Sree Lakshmi Building Chembukavu Thrissur, Kerala, India – 680002.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
