Erode Benefit Fund Nidhi Limited
About Erode Benefit Fund Nidhi Limited
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Erode Benefit Fund Nidhi Limited is a nidhi company based in Tamil Nadu, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 12 February 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U65991TZ1993PLC004256.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹11.7 Lakh. It was formerly known as Erode Benefit Nidhi Limited and Erode Benefit Fund Limited. It is led by directors including Murugesan Dhanalakshmi and Karuppannachettiar Murugesan.
Its last annual general meeting (AGM) was held on 25 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No 116 Bazaar Streetkavindapadi Erode, Tamil Nadu, India – 638455.
As per the financials filed for FY 2025, the company reported a revenue of ₹61.23 Lakh, a growth of 7% compared to the previous year. For the same year it recorded a net profit of ₹2.87 Lakh (net margin 4.7%) and EBITDA of ₹34.9 Lakh (EBITDA margin 57%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years and 10% over five years.
Court records list 2 cases involving the company, including 2 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Name history
Erode Benefit Fund Nidhi has undergone 2 name changes throughout its history. The company was previously known as Erode Benefit Nidhi Limited, and Erode Benefit Fund Limited. The current legal name is Erode Benefit Fund Nidhi Limited.
| Company Name | Status |
|---|---|
| Erode Benefit Fund Nidhi Limited | Current |
| Erode Benefit Nidhi Limited | Previous |
| Erode Benefit Fund Limited | Previous |
Contact details
Erode Benefit Fund Nidhi Limited's registered office is in Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo 116 Bazaar Streetkavindapadi Erode, Tamil Nadu, India – 638455
- IndustryFinancial Services, Financial Activities
To see the full contact details of Erode Benefit Fund 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 Erode Benefit Fund 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 Erode Benefit Fund Nidhi Limited, buy the company report.
Financials of Erode Benefit Fund Nidhi Limited
FY 2025 filings availableErode Benefit Fund Nidhi Limited reported revenue of ₹61.23 Lakh (up 7% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 10% over five years, including 7% growth in the latest year. EBITDA rose 6% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Total Expenses | |||||
| EBITDA | ₹34.9 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.87 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 57% | ||||
| Net Profit Margin | 4.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Payable Days | |||||
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To see the full financial statements and ratios of Erode Benefit Fund Nidhi Limited, buy the company report.
Board of directors of Erode Benefit Fund Nidhi Limited
Erode Benefit Fund Nidhi has 4 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Murugesan Dhanalakshmi | Director | 22 Sep 2016 | 10 Years 1 Months | Current |
| Karuppannachettiar Murugesan | Director | 22 Sep 2016 | 10 Years 1 Months | Current |
| Malathy Dhanapal Varunn | Director | 31 Mar 2024 | 2 Years 7 Months | Current |
| Malathy Dhanapal | Director | 27 Apr 2023 | 3 Years 6 Months | Current |
Peer comparison
Erode Benefit Fund 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 |
|---|---|---|---|---|---|---|
| Raamadhuta Chits Private Limited | ₹61.36 Lakh (FY 2020) | -20.0% | Bellary, Karnataka, India | |||
| Krishna Capital and Securities Limited | ₹61.31 Lakh (FY 2019) | 60.0% | Ahmedabad, Gujarat, India | |||
| Tristar Finvest Pvt.Ltd. | ₹61.29 Lakh (FY 2025) | -52.0% | Kolkata, West Bengal, India | |||
| Kurians Kuries Private Limited | ₹61.27 Lakh (FY 2025) | 38.0% | Kochi, Kerala, India | |||
| Sudhathri Chit Funds Private Limited | ₹61.24 Lakh (FY 2020) | -13.0% | Hanamkonda, Telangana, India | |||
| Erode Benefit Fund Nidhi Limitedthis company | ₹61.23 Lakh (FY 2025) | ₹2.87 Lakh | 4.7% | 7.0% | Tamil Nadu, India | |
| Braintrust Securities Pvt.Ltd. | ₹61.22 Lakh (FY 2020) | -38.0% | Kolkata, West Bengal, India | |||
| P. B. Ispat Private Limited | ₹61.2 Lakh (FY 2025) | -75.0% | Kolkata, West Bengal, India | |||
| Corona Kuries Private Limited | ₹61.2 Lakh (FY 2025) | -10.0% | Irinjalakuda, Kerala, India | |||
| Khyati Commodities and Trading Private Limited | ₹61.2 Lakh (FY 2016) | -89.0% | Daman, Daman and Diu, India | |||
| Vibhu Micro Benefit Foundation | ₹61.18 Lakh (FY 2025) | 3.0% | Udaipur, Rajasthan, India |
To see the full peer comparison of Erode Benefit Fund Nidhi Limited, buy the company report.
Auditor
Erode Benefit Fund Nidhi Limited is audited by Jayanti Ashok for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Jayanti Ashok | FY 2017 | 001299S |
Shareholding
The shareholding of Erode Benefit Fund Nidhi Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Erode Benefit Fund Nidhi Limited, buy the company report.
Legal cases
Erode Benefit Fund Nidhi Limited has 2 court cases on record: 2 filed by Erode Benefit Fund Nidhi. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TAMIL NADU | Court case (WPMP) | Filed by the company against The Reserve Bank of India, | Disposed |
| High Court, TAMIL NADU | Writ petition | Filed by the company against The Reserve Bank of India, | Disposed |
To see the full case history of Erode Benefit Fund 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 Erode Benefit Fund 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 Erode Benefit Fund Nidhi Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Erode Benefit Fund Nidhi Limited has 12 board changes on record since 2008: 4 appointments and 8 cessations. The latest: Malathy Dhanapal Varunn was appointed as Director on 31 Mar 2024.
3 earlier events are in the company report.
Frequently asked questions
Erode Benefit Fund Nidhi is an active nidhi company based in Tamil Nadu, India. The company works in financial activities, within the financial services industry. It was incorporated on 12 February 1993 (33+ years old) and is registered under CIN U65991TZ1993PLC004256.
Erode Benefit Fund Nidhi has 4 current directors:
- Murugesan Dhanalakshmi - Director
- Karuppannachettiar Murugesan - Director
- Malathy Dhanapal Varunn - Director
- Malathy Dhanapal - Director
The latest financial statements of Erode Benefit Fund Nidhi on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 25 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Erode Benefit Fund Nidhi is U65991TZ1993PLC004256. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Erode Benefit Fund Nidhi has 2 court cases on record: 2 filed by the company.
Erode Benefit Fund Nidhi was incorporated on 12 February 1993, making it 33+ years old. It is registered with the Registrar of Companies, Coimbatore.
The peers of Erode Benefit Fund Nidhi by revenue are Raamadhuta Chits Private Limited, Krishna Capital and Securities Limited, Tristar Finvest Pvt.Ltd, Kurians Kuries Private Limited, Sudhathri Chit Funds Private Limited and 5 more, all in the same principal business activity (other financial activities).
Malathy Dhanapal Varunn was appointed as Director on 31 Mar 2024. Malathy Dhanapal was appointed as Director on 27 Apr 2023. Rakiannan Saraswathy ceased to be Additional Director on 26 Sep 2019. Erode Benefit Fund Nidhi has 12 board changes on record in total.
The registered office of Erode Benefit Fund Nidhi is at No 116 Bazaar Streetkavindapadi Erode, Tamil Nadu, India – 638455.
Erode Benefit Fund Nidhi operates in the financial services industry, in the financial activities segment.
The compliance status of Erode Benefit Fund Nidhi is compliant as of 15 August 2026. The company is actively filing with the Registrar of Companies.
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