Fincareplus Nidhi Limited
About Fincareplus Nidhi Limited
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Fincareplus Nidhi Limited is a nidhi company based in Muvattupuzha, Kerala, India. It operates in the financial auxiliary services segment of the financial services sector. It was incorporated on 21 February 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U67190KL2020PLN061693.
The company has an authorised share capital of ₹12 Lakh and a paid-up capital of ₹10.1 Lakh. It is led by directors including Mathew Vathiyappillil Saju and Agi Paul.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Muvattupuzha, Kerala.
As per the financials filed for FY 2023, the company reported a revenue of ₹87,581, a decline of 45% compared to the previous year. For the same year it recorded a net profit of ₹7,554 (net margin 8.6%) and EBITDA of ₹23,243 (EBITDA margin 26.5%).
Company details
Contact details
Fincareplus Nidhi Limited's registered office is in Muvattupuzha, Kerala. Its e-mail address is in the company report.
- Email
- Registered AddressBuilding No – 3/239 – Q Gm Building South Marady P.O Near Marady Bhagavathy, Temple, Muvattupuzha, Kerala, India – 686673
- IndustryFinancial Services, Auxiliary To Financial Intermediatory
To see the full contact details of Fincareplus 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 Fincareplus 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 Fincareplus Nidhi Limited, buy the company report.
Financials of Fincareplus Nidhi Limited
FY 2023 filings availableFincareplus Nidhi Limited reported revenue of ₹87,581 (down 45% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue fell 45% in the latest year. EBITDA fell 72% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹23,243 | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹7,554 | |||
| Balance Sheet | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | ||||
| EBITDA Margin | 26.5% | |||
| Net Profit Margin | 8.6% | |||
| Return on Equity (ROE) | ||||
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| Return on Assets (ROA) | ||||
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To see the full financial statements and ratios of Fincareplus Nidhi Limited, buy the company report.
Board of directors of Fincareplus Nidhi Limited
Fincareplus Nidhi has 5 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mathew Vathiyappillil Saju | Director | 28 Aug 2020 | 6 Years 2 Months | Current |
| Agi Paul | Director | 21 Feb 2020 | 6 Years 8 Months | Current |
| Jaison | Director | 21 Feb 2020 | 6 Years 8 Months | Current |
| Pulickamattathil Mohanan Maneesh | Director | 21 Feb 2020 | 6 Years 8 Months | Current |
| Ganesh Thankachan Sankar Also directs: Aroor Properties Private Limited | Director | 21 Feb 2020 | 6 Years 8 Months | Current |
Peer comparison
Fincareplus 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 |
|---|---|---|---|---|---|---|
| Madura Carbon India Limited | ₹87,924 (FY 2024) | Mumbai, Maharashtra, India | ||||
| Sajj GRP Nidhi Limited | ₹87,917 (FY 2022) | 104.0% | Kallettumkara, Kerala, India | |||
| Mythri Chitties and Loans Pvt Ltd | ₹87,800 (FY 2016) | -52.0% | Thrissur, Kerala, India | |||
| Gemini Commodities Pvt Ltd | ₹87,700 (FY 2024) | -3.0% | Kolkata, West Bengal, India | |||
| Dnyankranti Urban Maltipal Nidhi Limited | ₹87,667 (FY 2020) | Jalna, Maharashtra, India | ||||
| Fincareplus Nidhi Limitedthis company | ₹87,581 (FY 2023) | ₹7,554 | 8.6% | -45.0% | Muvattupuzha, Kerala, India | |
| Grihsevak Nidhi Limited | ₹87,580 (FY 2023) | Patna, Bihar, India | ||||
| Rangwala Financial Services Private Limited | ₹87,506 (FY 2025) | 17.0% | Porbandar, Gujarat, India | |||
| PND Chits Private Limited | ₹87,500 (FY 2022) | Chennai, Tamil Nadu, India | ||||
| Taksal India Nidhi Limited | ₹87,473 (FY 2021) | -12.0% | Jaipur, Rajasthan, India | |||
| Pavni Microfinance Private Limited | ₹87,376 (FY 2022) | 23.0% | Agra, Uttar Pradesh, India |
To see the full peer comparison of Fincareplus Nidhi Limited, buy the company report.
Legal cases
No court or tribunal cases involving Fincareplus Nidhi Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Fincareplus 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 Fincareplus Nidhi Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Fincareplus Nidhi Limited has 6 board changes on record since 2020: 5 appointments and 1 cessation. The latest: Mathew Vathiyappillil Saju ceased to be Additional Director on 31 Dec 2021.
Frequently asked questions
Fincareplus Nidhi is an active nidhi company based in Muvattupuzha, Kerala, India. The company works in auxiliary to financial intermediatory, within the financial services industry. It was incorporated on 21 February 2020 (6+ years old) and is registered under CIN U67190KL2020PLN061693.
Fincareplus Nidhi has 5 current directors:
- Mathew Vathiyappillil Saju - Director
- Agi Paul - Director
- Jaison - Director
- Pulickamattathil Mohanan Maneesh - Director
- Ganesh Thankachan Sankar - Director
The latest financial statements of Fincareplus Nidhi on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2020 are in the company report.
The CIN (Corporate Identification Number) of Fincareplus Nidhi is U67190KL2020PLN061693. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Fincareplus Nidhi was incorporated on 21 February 2020, making it 6+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Fincareplus Nidhi by revenue are Madura Carbon India Limited, Sajj GRP Nidhi Limited, Mythri Chitties and Loans Pvt Ltd, Gemini Commodities Pvt Ltd, Dnyankranti Urban Maltipal Nidhi Limited and 5 more, all in the same principal business activity (other financial activities).
Mathew Vathiyappillil Saju ceased to be Additional Director on 31 Dec 2021. Mathew Vathiyappillil Saju was appointed as Director on 28 Aug 2020. Agi Paul was appointed as Director on 21 Feb 2020. Fincareplus Nidhi has 6 board changes on record in total.
The registered office of Fincareplus Nidhi is at Building No – 3239 – Q Gm Building South Marady P.O Near Marady Bhagavathy, Temple, Muvattupuzha, Kerala, India – 686673.
Fincareplus Nidhi operates in the financial services industry, in the auxiliary to financial intermediatory segment.
Fincareplus Nidhi can be reached at its registered office: Building No – 3239 – Q Gm Building South Marady P.O Near Marady Bhagavathy, Temple, Muvattupuzha, Kerala, India – 686673.
Fincareplus Nidhi is registered under the jurisdiction of the Registrar of Companies (ROC), Ernakulam.
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