Hsis Nidhi Limited
About Hsis Nidhi Limited
Data last updated:
Hsis Nidhi Limited is a nidhi company based in Malerkotla, Punjab, India. The company is currently under process of striking off by the Registrar of Companies. The removal process has been initiated but is not yet final, and the company may be struck off soon. It operates in the financial intermediation and lending segment of the financial services sector. It was incorporated on 22 May 2019.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U65990PB2019PLC049500.
The company has an authorised share capital of ₹12 Lakh and a paid-up capital of ₹10.27 Lakh. It is led by directors including Harjeet Singh and Iqbal 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 Scf:10 Rose Avenue Market Near Truck Union, Malerkotla, Punjab, India – 148023.
As per the financials filed for FY 2024, the company reported a revenue of ₹11.95 Lakh, a decline of 28% compared to the previous year. For the same year it recorded a net profit of ₹36,979 (net margin 3.1%) and EBITDA of ₹90,527 (EBITDA margin 7.6%). Revenue has declined at a compounded annual rate (CAGR) of 6% over three years.
Court records list 4 cases involving the company, including 2 filed by the company and 2 filed against it.
Company details
Contact details
Hsis Nidhi Limited's registered office is in Malerkotla, Punjab. Its e-mail address is in the company report.
- Email
- Registered AddressScf:10 Rose Avenue Market Near Truck Union, Malerkotla, Punjab, India – 148023
- IndustryFinancial Services, Other Financial Intermediation
To see the full contact details of Hsis 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 Hsis Nidhi is financial and insurance service. In detail, this covers financial and credit leasing activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K5 | Financial and Credit leasing activities |
To see the full business activity and turnover split of Hsis Nidhi Limited, buy the company report.
Financials of Hsis Nidhi Limited
FY 2024 filings availableHsis Nidhi Limited reported revenue of ₹11.95 Lakh (down 28% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 6% over three years, including a 28% fall in the latest year. EBITDA fell 49% 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 |
|---|---|---|---|---|---|
| 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 | ₹90,527 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹36,979 | ||||
| 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.6% | ||||
| Net Profit Margin | 3.1% | ||||
| 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 | |||||
To see the full financial statements and ratios of Hsis Nidhi Limited, buy the company report.
Board of directors of Hsis Nidhi Limited
Hsis Nidhi has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Harjeet Singh | Director | 22 May 2019 | 7 Years 5 Months | Current |
| Iqbal Singh Also directs: Hsis Gold Nidhi Limited | Director | 22 May 2019 | 7 Years 5 Months | Current |
| Ishwar Kaur Also directs: Hsis Gold Nidhi Limited | Director | 22 May 2019 | 7 Years 5 Months | Current |
Peer comparison
Hsis Nidhi Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (financial and credit leasing activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Trayambakeshwar Nidhi Limited | ₹12.08 Lakh (FY 2022) | 7.0% | Varanasi, Uttar Pradesh, India | |||
| Cgsbm Nidhi Limited | ₹12.04 Lakh (FY 2024) | 5.0% | Raipur, Chhattisgarh, India | |||
| Deepak Deposit and Advances Ltd | ₹11.98 Lakh (FY 2024) | -22.0% | Punjab, India | |||
| Northstar Dealcomm Private Limited | ₹11.97 Lakh (FY 2020) | 9478.0% | Kolkata, West Bengal, India | |||
| Balkishan Somani Nidhi Limited | ₹11.97 Lakh (FY 2024) | 145.0% | Jaipur, Rajasthan, India | |||
| Hsis Nidhi Limitedthis company | ₹11.95 Lakh (FY 2024) | ₹36,979 | 3.1% | -28.0% | Malerkotla, Punjab, India | |
| Akarsan Mutual Benefits Nidhi Limited | ₹11.7 Lakh (FY 2023) | -40.0% | Varanasi, Uttar Pradesh, India | |||
| Liquetax Private Limited | ₹11.7 Lakh (FY 2023) | Greater Noida, Uttar Pradesh, India | ||||
| Sarvvayapi Nidhi Limited | ₹11.65 Lakh (FY 2023) | 7.0% | Amritsar, Punjab, India | |||
| Janjeevan Micro Credit Foundation | ₹11.55 Lakh (FY 2025) | 13.0% | Varanasi, Uttar Pradesh, India | |||
| A-1 Nidhi Limited | ₹11.51 Lakh (FY 2022) | 139.0% | Doiwala, Uttarakhand, India |
To see the full peer comparison of Hsis Nidhi Limited, buy the company report.
Legal cases
Hsis Nidhi Limited has 4 court cases on record: 2 filed by Hsis Nidhi, 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 2 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Sangrur, Punjab | Court case (COUNTER CLAIM-CROSS OBJ) | Filed against the company by an individual | Disposed |
| District court, Malerkotla, Punjab | Execution petition | Filed by the company against an individual | Disposed |
| District court, Sangrur, Punjab | Civil suit | Filed against the company by an individual | Disposed |
| District court, Sangrur, Punjab | Civil suit | Filed by the company against an individual | Disposed |
To see the full case history of Hsis 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 Hsis 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 Hsis Nidhi Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Hsis Nidhi Limited has 3 board changes on record since 2019: 3 appointments. The latest: Harjeet Singh was appointed as Director on 22 May 2019.
Frequently asked questions
Hsis Nidhi is currently "Under Process of Striking Off" as per MCA records. The Registrar of Companies has initiated the process to remove the company from the register, typically due to non-filing of statutory returns. This process is not yet final, but the company may be struck off soon. Caution is advised before entering into any agreements with this entity.
Hsis Nidhi is a company pending strike off, currently registered as a nidhi company based in Malerkotla, Punjab, India. The company works in other financial intermediation, within the financial services industry. It was incorporated on 22 May 2019 and is registered under CIN U65990PB2019PLC049500. The company may be struck off soon - caution is advised.
Hsis Nidhi has 3 current directors:
- Harjeet Singh - Director
- Iqbal Singh - Director
- Ishwar Kaur - Director
The CIN (Corporate Identification Number) of Hsis Nidhi is U65990PB2019PLC049500. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hsis Nidhi was incorporated on 22 May 2019. It is registered with the Registrar of Companies, Chandigarh.
The registered office of Hsis Nidhi is at Scf:10 Rose Avenue Market Near Truck Union, Malerkotla, Punjab, India – 148023.
The latest financial statements of Hsis 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 2020 are in the company report.
Hsis Nidhi operates in the financial services industry, in the other financial intermediation segment.
The peers of Hsis Nidhi by revenue are Trayambakeshwar Nidhi Limited, Cgsbm Nidhi Limited, Deepak Deposit and Advances Ltd, Northstar Dealcomm Private Limited, Balkishan Somani Nidhi Limited and 5 more, all in the same principal business activity (financial and credit leasing activities).
Hsis Nidhi has 4 court cases on record: 2 filed by the company and 2 filed against it.
Harjeet Singh was appointed as Director on 22 May 2019. Iqbal Singh was appointed as Director on 22 May 2019. Ishwar Kaur was appointed as Director on 22 May 2019.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
