About Expend Nidhi Limited
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Expend Nidhi Limited is a nidhi company based in Faridabad, Haryana, India. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 18 June 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74140HR2015PLC055812.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹20 Lakh. It is led by directors including Sunil Rajput (Managing Director) and Suresh Kumar Singh.
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 Faridabad, Haryana.
As per the financials filed for FY 2024, the company reported a revenue of ₹40.47 Lakh, a growth of 42% compared to the previous year. For the same year it recorded a net profit of ₹8.71 Lakh (net margin 21.5%) and EBITDA of ₹9.75 Lakh (EBITDA margin 24.1%). Revenue has grown at a compounded annual rate (CAGR) of 27% over three years and 31% over five years.
Court records list 7 cases involving the company, including 3 filed by the company and 4 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website expendnidhiltd.com.
Company details
Contact details
Expend Nidhi Limited's registered office is in Faridabad, Haryana. Its website is expendnidhiltd.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressH No. E 37 Gali No. 14 Dabua Colony, 60 Feet Road Durga Mandir, Faridabad, Haryana, India – 121001
- IndustryFinancial Services, Microfinance Institutions
To see the full contact details of Expend 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 Expend 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 Expend Nidhi Limited, buy the company report.
Financials of Expend Nidhi Limited
FY 2024 filings availableExpend Nidhi Limited reported revenue of ₹40.47 Lakh (up 42% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 31% over five years, including 42% growth in the latest year. EBITDA rose 411% 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 | ₹9.75 Lakh | ||||
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| Net Profit (PAT) | ₹8.71 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 24.1% | ||||
| Net Profit Margin | 21.5% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Expend Nidhi Limited, buy the company report.
Board of directors of Expend Nidhi Limited
Expend Nidhi has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sunil Rajput | Managing Director | 18 Jun 2015 | 11 Years 4 Months | Current |
| Suresh Kumar Singh | Director | 01 Oct 2016 | 10 Years 1 Months | Current |
| Ramesh Kumar | Director | 22 Apr 2016 | 10 Years 6 Months | Current |
Peer comparison
Expend Nidhi Limited is compared with the 4 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 |
|---|---|---|---|---|---|---|
| Pankaj Chits Private Limited | ₹40.77 Lakh (FY 2024) | 191.0% | Coimbatore, Tamil Nadu, India | |||
| Expend Nidhi Limitedthis company | ₹40.47 Lakh (FY 2024) | ₹8.71 Lakh | 21.5% | 42.0% | Faridabad, Haryana, India | |
| B.L.K. Chits Private Limited | ₹40.28 Lakh (FY 2024) | 13.0% | Kolar, Karnataka, India | |||
| SBS Golden Plus Nidhi Limited | ₹40.11 Lakh (FY 2024) | 45.0% | Alappuzha, Kerala, India | |||
| Meghalakshmi Chits Private Limited | ₹40.04 Lakh (FY 2024) | 175.0% | Pollachi, Tamil Nadu, India |
To see the full peer comparison of Expend Nidhi Limited, buy the company report.
Auditor
Expend Nidhi Limited is audited by CA CHHVI GUPTA for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CA CHHVI GUPTA | FY 2023 | 521295 |
Shareholding
The shareholding of Expend Nidhi Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Expend Nidhi Limited, buy the company report.
Legal cases
Expend Nidhi Limited has 7 court cases on record: 3 filed by Expend Nidhi, 4 filed against it. 2 cases are pending and 5 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 4 | 2 |
Cases on record (4 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Faridabad, Haryana | Cheque dishonour complaint | Filed by the company against an individual | Pending |
| District court, Faridabad, Haryana | Cheque dishonour complaint | Filed by the company against an individual | Pending |
| District court, Faridabad, Haryana | Cheque dishonour complaint | Filed by the company against an individual | Disposed |
| District court, Faridabad, Haryana | Court case (TRF) | Filed against the company by State of Haryana | Disposed |
To see the full case history of Expend 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 Expend 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 Expend Nidhi Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Expend Nidhi Limited has 6 board changes on record since 2015: 3 appointments and 3 cessations. The latest: Suresh Kumar Singh was appointed as Director on 01 Oct 2016.
Frequently asked questions
Expend Nidhi is an active nidhi company based in Faridabad, Haryana, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 18 June 2015 (11+ years old) and is registered under CIN U74140HR2015PLC055812.
Expend Nidhi has 3 current directors:
- Sunil Rajput - Managing Director
- Suresh Kumar Singh - Director
- Ramesh Kumar - Director
The latest financial statements of Expend 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 2016 are in the company report.
The CIN (Corporate Identification Number) of Expend Nidhi is U74140HR2015PLC055812. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Expend Nidhi has 7 court cases on record: 3 filed by the company and 4 filed against it. 2 are pending.
Expend Nidhi was incorporated on 18 June 2015, making it 11+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Expend Nidhi by revenue are Pankaj Chits Private Limited, B.L.K. Chits Private Limited, SBS Golden Plus Nidhi Limited, Meghalakshmi Chits Private Limited, all in the BFSI industry (Micro Finance), with the same principal business activity (other financial activities).
Suresh Kumar Singh was appointed as Director on 01 Oct 2016. Vinod Pandey Kumar ceased to be Director on 16 Jun 2016. Ramesh Kumar was appointed as Director on 22 Apr 2016. Expend Nidhi has 6 board changes on record in total.
Expend Nidhi can be reached through the website expendnidhiltd.com. Its registered office is in Faridabad, Haryana, India.
The registered office of Expend Nidhi is at H No. E 37 Gali No. 14 Dabua Colony, 60 Feet Road Durga Mandir, Faridabad, Haryana, India – 121001.
Expend Nidhi operates in the financial services industry, in the microfinance institutions segment.
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