Dhanakodi Nidhi Limited
About Dhanakodi Nidhi Limited
Data last updated:
Dhanakodi Nidhi Limited is a nidhi company based in Wayanad, Kerala, India. It operates in the financial intermediation and lending segment of the financial services sector. It was incorporated on 29 July 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U65999KL2019PLC059003.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹43.57 Lakh. It is led by directors including Sebastian Muthirakkalayil Joseph (Managing Director) and Arukandathil Pushkaran Nanu.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Room No.Sbm IX/879D Police Quarters Road Sulthan Bathery P.O, Wayanad, Kerala, India – 673592.
As per the financials filed for FY 2022, the company reported a revenue of ₹58.6 Lakh, a growth of 28% compared to the previous year. For the same year it recorded a net profit of ₹4.04 Lakh (net margin 6.9%) and EBITDA of ₹35.17 Lakh (EBITDA margin 60%).
As per MCA filings, the company has open charges of ₹27.5 Lakh on record. Court records list 20 cases involving the company, including 20 filed against it; 11 cases are pending.
Company details
Contact details
Dhanakodi Nidhi Limited's registered office is in Wayanad, Kerala.
- Registered AddressRoom No.Sbm IX/879D Police Quarters Road Sulthan Bathery P.O, Wayanad, Kerala, India – 673592
- IndustryFinancial Services, Other Financial Intermediation
- 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 Dhanakodi 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 Dhanakodi Nidhi Limited, buy the company report.
Financials of Dhanakodi Nidhi Limited
FY 2022 filings availableDhanakodi Nidhi Limited reported revenue of ₹58.6 Lakh (up 28% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue rose 28% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|
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| Other Income | |||
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| Depreciation and Amortisation | |||
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| Total Expenses | |||
| EBITDA | ₹35.17 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹4.04 Lakh | ||
| Balance Sheet | |||
| Share Capital | |||
| Reserves and Surplus | |||
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| Long-term Borrowings | |||
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| Trade Payables | |||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 60% | ||
| Net Profit Margin | 6.9% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
| Liquidity and Debt | |||
| Current Ratio | |||
| Quick Ratio | |||
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| Efficiency and Growth | |||
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| Receivable Days | |||
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| Inventory Days | |||
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| Net Profit Growth | |||
To see the full financial statements and ratios of Dhanakodi Nidhi Limited, buy the company report.
Board of directors of Dhanakodi Nidhi Limited
Dhanakodi 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 |
|---|---|---|---|---|
| Sebastian Muthirakkalayil Joseph Also directs: Dhanakodi Chits Private Limited | Managing Director | 29 Jul 2019 | 7 Years 3 Months | Current |
| George Muthirakkalayil Joseph Also directs: Dhanakodi Chits Private Limited | Additional Director | 15 Dec 2022 | 3 Years 10 Months | Current |
| Arukandathil Pushkaran Nanu | Director | 30 Sep 2022 | 4 Years 1 Months | Current |
Peer comparison
Dhanakodi 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 |
|---|---|---|---|---|---|---|
| Finportal Investments Private Limited | ₹58.74 Lakh (FY 2024) | 107.0% | Surat, Gujarat, India | |||
| Cafs Wealth India Financial Services Private Limited | ₹58.73 Lakh (FY 2025) | 95.0% | Chennai, Tamil Nadu, India | |||
| Chandana Leahpin Finance Limited | ₹58.67 Lakh (FY 2025) | -19.0% | Telangana, India | |||
| Chinki Commerce Pvt Ltd | ₹58.66 Lakh (FY 2024) | 58.0% | Kolkata, West Bengal, India | |||
| Balganga Nidhi Limited | ₹58.64 Lakh (FY 2025) | -21.0% | Ghansali, Uttarakhand, India | |||
| Dhanakodi Nidhi Limitedthis company | ₹58.6 Lakh (FY 2022) | ₹4.04 Lakh | 6.9% | 28.0% | Wayanad, Kerala, India | |
| Modex Commodity Trades Private Limited | ₹58.59 Lakh (FY 2020) | -50.0% | New Delhi, Delhi, India | |||
| Thiruvizhimizhalai Nidhi Limited | ₹58.59 Lakh (FY 2024) | 38.0% | Thiruvarur, Tamil Nadu, India | |||
| Inclusion Finance Private Limited | ₹58.58 Lakh (FY 2025) | -38.0% | Gurgaon, Haryana, India | |||
| Shaharsh Fiscal Services Pvt. Ltd. | ₹58.55 Lakh (FY 2024) | -5.0% | Kolkata, West Bengal, India | |||
| Shree Shyam Agro Private Limited | ₹58.55 Lakh (FY 2019) | -40.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Dhanakodi Nidhi Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Oct 2020 | 100387541 | The South Indian Bank Limited | ₹27.5 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
Dhanakodi Nidhi Limited has 20 court cases on record: 20 filed against it. 11 cases are pending and 9 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 20 | 20 | 11 |
Cases on record (5 of 20)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Malappuram, Kerala | Criminal case | Filed against the company by State of Kerala (Police) | Pending |
| District court, Wayanad, Kerala | Criminal case | Filed against the company by State of Kerala (Police) | Pending |
| District court, Kozhikode, Kerala | Criminal case | Filed against the company by an individual | Pending |
| District court, Kozhikode, Kerala | Criminal case | Filed against the company by an individual | Pending |
| District court, Kozhikode, Kerala | Criminal case | Filed against the company by an individual | Pending |
To see the full case history of Dhanakodi 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 Dhanakodi 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 Dhanakodi Nidhi Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Dhanakodi Nidhi Limited has 8 board changes on record since 2019: 3 appointments and 5 cessations. The latest: George Muthirakkalayil Joseph was appointed as Additional Director on 15 Dec 2022.
Frequently asked questions
Dhanakodi Nidhi is an active nidhi company based in Wayanad, Kerala, India. The company works in other financial intermediation, within the financial services industry. It was incorporated on 29 July 2019 (7+ years old) and is registered under CIN U65999KL2019PLC059003.
Dhanakodi Nidhi has 3 current directors:
- Sebastian Muthirakkalayil Joseph - Managing Director
- George Muthirakkalayil Joseph - Additional Director
- Arukandathil Pushkaran Nanu - Director
The latest financial statements of Dhanakodi Nidhi on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from FY 2020 are in the company report.
The CIN (Corporate Identification Number) of Dhanakodi Nidhi is U65999KL2019PLC059003. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Dhanakodi Nidhi has 20 court cases on record: 20 filed against it. 11 are pending.
Dhanakodi Nidhi was incorporated on 29 July 2019, making it 7+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Dhanakodi Nidhi by revenue are Finportal Investments Private Limited, Cafs Wealth India Financial Services Private Limited, Chandana Leahpin Finance Limited, Chinki Commerce Pvt Ltd, Balganga Nidhi Limited and 5 more, all in the same principal business activity (other financial activities).
George Muthirakkalayil Joseph was appointed as Additional Director on 15 Dec 2022. Sebastian Muthirakkalayil Joseph ceased to be Director on 15 Dec 2022. Yohannan Mathai Mattathil ceased to be Director on 28 Nov 2022. Dhanakodi Nidhi has 8 board changes on record in total.
The registered office of Dhanakodi Nidhi is at Room No.Sbm IX879D Police Quarters Road Sulthan Bathery P.O, Wayanad, Kerala, India – 673592.
Dhanakodi Nidhi operates in the financial services industry, in the other financial intermediation segment.
Dhanakodi Nidhi has open charges of ₹27.5 Lakh and no satisfied charges on record as per latest MCA filings.
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