About Disha India Micro Credit
Data last updated:
Disha India Micro Credit is a private not for profit company based in Saharanpur, Uttar Pradesh, India. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 09 July 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U74900UP2008NPL035644. Its GSTIN is 09AADCD0457A1Z5 (Uttar Pradesh).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹24.54 Lakh. It is led by directors including Keshwa Nand Tiwari (Managing Director) and Riyasat Ali.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Moh. Mandirji P.O Chilkana Sultanpur, Saharanpur, Uttar Pradesh, India – 247001.
As per the financials filed for FY 2025, the company reported a revenue of ₹17.38 Cr, a growth of 42% compared to the previous year. For the same year it recorded a net loss of ₹1.58 Cr (net margin -9.1%) and EBITDA of -₹1.12 Cr (EBITDA margin -6.5%). Revenue has grown at a compounded annual rate (CAGR) of 49% over three years and 21% over five years.
The company has about 245 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Disha India Micro Credit. As per MCA filings, the company has open charges of ₹50 Lakh and satisfied charges of ₹15 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website dimc.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressMoh. Mandirji P.O Chilkana Sultanpur, Saharanpur, Uttar Pradesh, India – 247001
- IndustryFinancial Services, Microfinance Institutions
- 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
- One PDF report, delivered after checkout
Associated Brands with Disha India Micro Credit
Disha India Micro Credit operates one associated brand: Disha India Micro Credit. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers micro credit loans and insurance to women in rural Northern Indian districts. | dimc.in |
Business Activity of Disha India Micro Credit
The main business activity of Disha India Micro Credit is financial and insurance service. In detail, this covers activities by trusts, funds and other financial holding companies.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K2 | Activities by Trusts, funds and other financial holding companies | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Disha India Micro Credit FY 2024 filings available
Disha India Micro Credit reported revenue of ₹17.38 Cr (up 42% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Disha India Micro Credit
Revenue has grown at a compounded annual rate (CAGR) of 21% over five years, including 42% growth in the latest year. EBITDA fell 150% 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 of Disha India Micro Credit
| Metrics | FY 2024-25 | 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 | -₹1.12 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1.58 Cr | •••• | •••• | •••• | •••• |
| 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 of Disha India Micro Credit
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -6.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -9.1% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Disha India Micro Credit are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Disha India Micro Credit
Disha India Micro Credit 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 |
|---|---|---|---|---|
| Keshwa Nand Tiwari Also directs: Moongipa Finance Limited | Managing Director | 09 Jul 2008 | 18 Years 3 Months | Current |
| Tasneem Bano | Additional Director | 25 Jun 2021 | 5 Years 3 Months | Current |
| Riyasat Ali Also directs: Progressive Women Farmers Producer Company Limited | Director | 22 Jan 2019 | 7 Years 8 Months | Current |
Peer Comparison of Disha India Micro Credit
Disha India Micro Credit is compared with the companies closest to it by revenue in the BFSI industry (Micro Finance). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Srinidhi Chits (Hyderabad) Private Limited | ₹20.92 Cr (FY 2024) | •••• | •••• | 8.0% | •••• | Karimnagar, Telangana, India |
| Servitium Micro Finance Private Limited | ₹20.37 Cr (FY 2025) | •••• | •••• | 57.0% | •••• | Kolkata, West Bengal, India |
| Moneymuttath Nidhi Limited | ₹20.16 Cr (FY 2022) | •••• | •••• | 25.0% | •••• | Pandalam, Kerala, India |
| Niravathjubily Chits India Private Limited | ₹19.69 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | Iritty, Kerala, India |
| Tamilnadu Viswakarma Mutual Benefit Nidhi Limited | ₹17.96 Cr (FY 2025) | •••• | •••• | 26.0% | •••• | Madurai, Tamil Nadu, India |
| Disha India Micro Credit this company | ₹17.38 Cr (FY 2025) | •••• | •••• | 42.0% | •••• | Saharanpur, Uttar Pradesh, India |
| SSV Chit Fund Private Limited | ₹15.8 Cr (FY 2025) | •••• | •••• | 26.0% | •••• | Srinivasa Nagar, Hyd - 38, Telangana, India |
| Tamilnadu Backward Classes Economic Development Corporation Limited. | ₹15.73 Cr (FY 2023) | •••• | •••• | -1.0% | •••• | Chennai, Tamil Nadu, India |
| P2p Microfinance & Allied Services | ₹15.73 Cr (FY 2024) | •••• | •••• | 1.0% | •••• | Lucknow, Uttar Pradesh, India |
| Anson Chits India Private Limited | ₹15.63 Cr (FY 2025) | •••• | •••• | 28.0% | •••• | Nedumkandam, Kerala, India |
| Nagai Sivasakthi Sagaya Nala Nidhi Limited | ₹15.49 Cr (FY 2021) | •••• | •••• | 8.0% | •••• | Nagapattinam, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Disha India Micro Credit by revenue in the BFSI industry (Micro Finance), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Disha India Micro Credit
Disha India Micro Credit is audited by M.K. Gupta & Associates for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| M.K. Gupta & Associates | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Disha India Micro Credit
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Disha India Micro Credit
| Date | Lender | Amount | Status |
|---|---|---|---|
| 03 Feb 2011 | Ananya Finance for Inclusive Growth Private Limited | ₹50 Lakh | Open |
| 07 Oct 2023 | Others | ₹50 Lakh | Satisfied |
| 29 Mar 2023 | Others | ₹1 Cr | Satisfied |
| 15 Jan 2023 | Others | ₹1 Cr | Satisfied |
| 14 Oct 2021 | Others | ₹1 Cr | Satisfied |
Total charge records: 14 View all charges
Employees and EPFO Compliance at Disha India Micro Credit
Disha India Micro Credit has a workforce of 245 employees as of Apr 07, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Disha India Micro Credit
Disha India Micro Credit has 10 board changes on record since 2008: 4 appointments and 6 cessations. The latest: Tasneem Bano was appointed as Additional Director on 25 Jun 2021.
28 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Disha India Micro Credit
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Disha India Micro Credit
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Disha India Micro Credit
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Disha India Micro Credit
Disha India Micro Credit has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AADCD0457A1Z5 | Uttar Pradesh | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Disha India Micro Credit
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Disha India Micro Credit
Disha India Micro Credit is an active private not for profit company based in Saharanpur, Uttar Pradesh, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 09 July 2008 (18+ years old) and is registered under CIN U74900UP2008NPL035644.
Disha India Micro Credit reported revenue of ₹17.38 Cr for FY 2025 (up 42% YoY).
Disha India Micro Credit has 3 current directors:
- Keshwa Nand Tiwari - Managing Director
- Tasneem Bano - Additional Director
- Riyasat Ali - Director
Disha India Micro Credit reported a net loss of ₹1.58 Cr (net margin -9.1%) and EBITDA of -₹1.12 Cr (EBITDA margin -6.5%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Disha India Micro Credit is 49% over three years and 21% over five years. In the latest year (FY 2025) revenue rose 42%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Disha India Micro Credit is 09AADCD0457A1Z5, registered in Uttar Pradesh.
The CIN (Corporate Identification Number) of Disha India Micro Credit is U74900UP2008NPL035644. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Disha India Micro Credit was incorporated on 09 July 2008, making it 18+ years old. It is registered with the Registrar of Companies, Kanpur.
The peers of Disha India Micro Credit by revenue are Srinidhi Chits (Hyderabad) Private Limited, Servitium Micro Finance Private Limited, Moneymuttath Nidhi Limited, Niravathjubily Chits India Private Limited, Tamilnadu Viswakarma Mutual Benefit Nidhi Limited and 5 more, all in the BFSI industry (Micro Finance).
Tasneem Bano was appointed as Additional Director on 25 Jun 2021. Rehtu Lal ceased to be Director on 11 May 2021. Ajay Tankha ceased to be Director on 23 Dec 2020. Disha India Micro Credit has 10 board changes on record in total.
Disha India Micro Credit can be reached through the website dimc.in. Its registered office is in Saharanpur, Uttar Pradesh, India.