Ettutharayil Nidhi Limited
About Ettutharayil Nidhi Limited
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Ettutharayil Nidhi Limited is a nidhi company based in Kayamkulam, Kerala, India. It operates in the insurance and pension services segment of the insurance sector. It was incorporated on 07 March 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U67200KL2017PLC048479.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹91.02 Lakh. It is led by directors including Anu Thomas Cheriyan (Managing Director) and George Kottakattu Mathew.
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 Building No.496 First Floor Shemerin Building Kakkanad Kayamkulam East Kayamkulam Pi, N – 690502, Kerala, India – 690502.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.01 Cr, a growth of 6% compared to the previous year. For the same year it recorded a net profit of ₹2.12 Lakh (net margin 1.1%) and EBITDA of ₹1.25 Cr (EBITDA margin 62.1%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 38% over five years.
Court records list 153 cases involving the company, including 151 filed by the company and 2 filed against it; 31 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Ettutharayil Nidhi Limited's registered office is in Kayamkulam, Kerala.
- Registered AddressBuilding No.496 First Floor Shemerin Building Kakkanad Kayamkulam East Kayamkulam Pi, N – 690502, Kerala, India – 690502
- IndustryInsurance, Insurance & Pension Services
- 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 Ettutharayil 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 Ettutharayil Nidhi Limited, buy the company report.
Financials of Ettutharayil Nidhi Limited
FY 2024 filings availableEttutharayil Nidhi Limited reported revenue of ₹2.01 Cr (up 6% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 38% over five years, including 6% growth in the latest year. EBITDA rose 70% 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 | ₹1.25 Cr | ||||
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| Net Profit (PAT) | ₹2.12 Lakh | ||||
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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 | 62.1% | ||||
| Net Profit Margin | 1.1% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Ettutharayil Nidhi Limited, buy the company report.
Board of directors of Ettutharayil Nidhi Limited
Ettutharayil Nidhi has 6 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| George Kottakattu Mathew | Director | 07 Mar 2017 | 9 Years 8 Months | Current |
| Purushothaman Chandradas | Director | 07 Mar 2017 | 9 Years 8 Months | Current |
| Geetha | Director | 07 Mar 2017 | 9 Years 8 Months | Current |
| Rajasoonu | Director | 07 Mar 2017 | 9 Years 8 Months | Current |
| Geetha Babu | Director | 07 Mar 2017 | 9 Years 8 Months | Current |
| Anu Thomas Cheriyan | Managing Director | 07 Mar 2017 | 9 Years 8 Months | Current |
Peer comparison
Ettutharayil Nidhi Limited is compared with the 5 companies closest to it by revenue in the BFSI industry (Micro Finance), with 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 |
|---|---|---|---|---|---|---|
| Shri Ayngaran Business Chits Private Limited | ₹2.04 Cr (FY 2024) | -4.0% | Kancheepuram, Tamil Nadu, India | |||
| Associated Fincorp & Chits (I) Private Limited | ₹2.03 Cr (FY 2024) | -11.0% | Pune, Maharashtra, India | |||
| Mahija Chit Fund Private Limited | ₹2.02 Cr (FY 2025) | 7.0% | Nizamabad, Telangana, India | |||
| Ettutharayil Nidhi Limitedthis company | ₹2.01 Cr (FY 2024) | ₹2.12 Lakh | 1.1% | 6.0% | Kayamkulam, Kerala, India | |
| Sri Mukunth Nidhi Limited | ₹2 Cr (FY 2025) | 12.0% | Madurai 625 010, Tamil Nadu, India | |||
| Sigaram Chits Private Limited | ₹1.95 Cr (FY 2019) | -25.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Ettutharayil Nidhi Limited, buy the company report.
Legal cases
Ettutharayil Nidhi Limited has 153 court cases on record: 151 filed by Ettutharayil Nidhi, 2 filed against it. 31 cases are pending and 122 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 149 | 2 | 30 |
| High courts | 4 | 0 | 1 |
Cases on record (5 of 153)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Alappuzha, Kerala | Civil suit | Filed by the company against an individual | Pending |
| District court, Alappuzha, Kerala | Criminal case | Filed by the company against an individual | Pending |
| District court, Alappuzha, Kerala | Civil suit | Filed by the company against individuals | Pending |
| District court, Alappuzha, Kerala | Criminal case | Filed by the company against an individual | Pending |
| District court, Alappuzha, Kerala | Civil suit | Filed by the company against an individual | Pending |
To see the full case history of Ettutharayil 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 Ettutharayil 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 Ettutharayil Nidhi Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Ettutharayil Nidhi Limited has 9 board changes on record since 2017: 6 appointments and 3 cessations. The latest: Karunakaran Nair Mukesh Kumar ceased to be Additional Director on 24 Dec 2020.
Frequently asked questions
Ettutharayil Nidhi is an active nidhi company based in Kayamkulam, Kerala, India. The company works in insurance and pension services, within the insurance industry. It was incorporated on 07 March 2017 (9+ years old) and is registered under CIN U67200KL2017PLC048479.
Ettutharayil Nidhi has 6 current directors:
- Anu Thomas Cheriyan - Managing Director
- George Kottakattu Mathew - Director
- Purushothaman Chandradas - Director
- Geetha - Director
- Rajasoonu - Director
- Geetha Babu - Director
The latest financial statements of Ettutharayil Nidhi on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2017 are in the company report.
The CIN (Corporate Identification Number) of Ettutharayil Nidhi is U67200KL2017PLC048479. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ettutharayil Nidhi has 153 court cases on record: 151 filed by the company and 2 filed against it. 31 are pending. Most are in the district courts.
Ettutharayil Nidhi was incorporated on 07 March 2017, making it 9+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Ettutharayil Nidhi by revenue are Shri Ayngaran Business Chits Private Limited, Associated Fincorp & Chits (I) Private Limited, Mahija Chit Fund Private Limited, Sri Mukunth Nidhi Limited, Sigaram Chits Private Limited, all in the BFSI industry (Micro Finance), with the same principal business activity (other financial activities).
Karunakaran Nair Mukesh Kumar ceased to be Additional Director on 24 Dec 2020. Priya Madhavan Vijayakumari ceased to be Director on 15 Nov 2019. Thomas Jacob ceased to be Director on 10 Jul 2019. Ettutharayil Nidhi has 9 board changes on record in total.
The registered office of Ettutharayil Nidhi is at Building No.496 First Floor Shemerin Building Kakkanad Kayamkulam East Kayamkulam Pi, N – 690502, Kerala, India – 690502.
Ettutharayil Nidhi operates in the insurance industry, in the insurance and pension services segment.
The compliance status of Ettutharayil Nidhi is compliant as of 10 July 2026. The company is actively filing with the Registrar of Companies.
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