KBF Nidhi Limited
About KBF Nidhi Limited
Data last updated:
KBF Nidhi Limited is a nidhi company based in Karur, Tamil Nadu, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 11 December 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U65991TN1995PLC033803. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹35.67 Lakh. It was formerly known as Karur Benefit Fund Ltd. It is led by directors including Sumathi Annamalai and Sellandi Chidambaram.
Its last annual general meeting (AGM) was held on 21 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 336 Jawaharbazar (Talukofficeeastsside) Karur639001. Eastsside)Karur639001., Tamil Nadu, India – 639001.
As per the financials filed for FY 2023, the company reported a revenue of ₹9.26 Lakh, a decline of 31% compared to the previous year. For the same year it recorded a net loss of ₹3.03 Lakh (net margin -32.7%) and EBITDA of ₹7.9 Lakh (EBITDA margin 85.3%). Revenue has declined at a compounded annual rate (CAGR) of 15% over three years and 16% over five years.
Court records list 7 cases involving the company, including 5 filed by the company and 2 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
KBF Nidhi Limited's registered office is in Karur, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address336 Jawaharbazar (Talukofficeeastsside) Karur639001. Eastsside)Karur639001., Tamil Nadu, India – 639001
- IndustryFinancial Services, Financial Activities
To see the full contact details of KBF 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 KBF Nidhi is financial and insurance service. In detail, this covers banking activities by central, commercial and saving banks.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K1 | Banking activities by Central, Commercial and Saving banks |
To see the full business activity and turnover split of KBF Nidhi Limited, buy the company report.
Financials of KBF Nidhi Limited
FY 2023 filings availableKBF Nidhi Limited reported revenue of ₹9.26 Lakh (down 31% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 16% over five years, including a 31% fall in the latest year. EBITDA fell 34% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | ₹7.9 Lakh | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | -₹3.03 Lakh | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 85.3% | ||||
| Net Profit Margin | -32.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of KBF Nidhi Limited, buy the company report.
Board of directors of KBF Nidhi Limited
KBF Nidhi has 3 current directors and 16 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramachandran Giri | Additional Director | 19 Nov 2014 | 11 Years 11 Months | Current |
| Sumathi Annamalai | Director | 28 Jun 2021 | 5 Years 4 Months | Current |
| Sellandi Chidambaram Also directs: Anil House Promoters Private Limited, Chamber of Nidhis | Director | 17 Dec 2020 | 5 Years 10 Months | Current |
Peer comparison
KBF Nidhi Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (banking activities by central, commercial and saving banks), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Endiya Trustee Private Limited | ₹10.02 Lakh (FY 2025) | 0.0% | Hyderabad, Telangana, India | |||
| Sangna Investment Private Limited | ₹9.93 Lakh (FY 2024) | Surat, Gujarat, India | ||||
| Techspace India Private Limited | ₹9.85 Lakh (FY 2025) | -8.0% | Delhi, India | |||
| Icon Advisory Services Private Limited | ₹9.61 Lakh (FY 2024) | 1.0% | Mumbai, Maharashtra, India | |||
| Taxhelp Financial Services Private Limited | ₹9.36 Lakh (FY 2025) | -9.0% | Meerut, Uttar Pradesh, India | |||
| KBF Nidhi Limitedthis company | ₹9.26 Lakh (FY 2023) | -₹3.03 Lakh | -32.7% | -31.0% | Karur, Tamil Nadu, India | |
| Khereshwar Chits Funds Private Limited | ₹9.24 Lakh (FY 2024) | 125.0% | Kanpur Nagar, Uttar Pradesh, India | |||
| Viksit Tie-Up Private Limited | ₹9.01 Lakh (FY 2025) | 3.0% | Kolkata, West Bengal, India | |||
| Sahara Infrastructure and Housing Limited | ₹8.89 Lakh (FY 2023) | -65.0% | Kolkata, West Bengal, India | |||
| Shoora Welfare Foundation | ₹8.87 Lakh (FY 2025) | 50.0% | Allahabad, Uttar Pradesh, India | |||
| BFL Unio Ltd | ₹8.61 Lakh (FY 2025) | -39.0% | Kolkata, West Bengal, India |
To see the full peer comparison of KBF Nidhi Limited, buy the company report.
Auditor
KBF Nidhi Limited is audited by Sathiyamoorthy & Associates for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Sathiyamoorthy & Associates | FY 2017 | 008662S |
Shareholding
The shareholding of KBF 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 KBF Nidhi Limited, buy the company report.
Legal cases
KBF Nidhi Limited has 7 court cases on record: 5 filed by KBF Nidhi, 2 filed against it. 1 case is pending and 6 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 2 | 0 |
| District courts | 3 | 0 | 1 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Karur, Tamil Nadu | Execution petition | Filed by the company against an individual | Pending |
| High Court, TAMIL NADU | Court case (CRP(MD)) | Filed against the company by an individual | Disposed |
| High Court, TAMIL NADU | Civil miscellaneous application | Filed against the company by an individual | Disposed |
| District court, Karur, Tamil Nadu | Civil suit | Filed by the company against an individual | Disposed |
| District court, Karur, Tamil Nadu | Civil suit | Filed by the company against an individual | Disposed |
To see the full case history of KBF 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 KBF Nidhi Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
KBF Nidhi has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of KBF Nidhi Limited, buy the company report.
Recent activity
KBF Nidhi Limited has 19 board changes on record since 2008: 3 appointments and 16 cessations. The latest: Vaiyapuri Subbarayan ceased to be Director on 16 Sep 2023.
10 earlier events are in the company report.
Frequently asked questions
KBF Nidhi is an active nidhi company based in Karur, Tamil Nadu, India. The company works in financial activities, within the financial services industry. It was incorporated on 11 December 1995 (31+ years old) and is registered under CIN U65991TN1995PLC033803.
KBF Nidhi has 3 current directors:
- Ramachandran Giri - Additional Director
- Sumathi Annamalai - Director
- Sellandi Chidambaram - Director
The latest financial statements of KBF Nidhi on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 21 September 2023. Year-wise statements from 2015 are in the company report.
No. KBF Nidhi has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of KBF Nidhi is U65991TN1995PLC033803. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
KBF Nidhi has 7 court cases on record: 5 filed by the company and 2 filed against it. 1 is pending. Most are in the high courts.
KBF Nidhi was incorporated on 11 December 1995, making it 31+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of KBF Nidhi by revenue are Endiya Trustee Private Limited, Sangna Investment Private Limited, Techspace India Private Limited, Icon Advisory Services Private Limited, Taxhelp Financial Services Private Limited and 5 more, all in the same principal business activity (banking activities by central, commercial and saving banks).
Vaiyapuri Subbarayan ceased to be Director on 16 Sep 2023. Sumathi Annamalai ceased to be Additional Director on 30 Sep 2021. Manickam Alli ceased to be Director on 28 Jun 2021. KBF Nidhi has 19 board changes on record in total.
The registered office of KBF Nidhi is at 336 Jawaharbazar Talukofficeeastsside Karur639001. EastssideKarur639001., Tamil Nadu, India – 639001.
KBF Nidhi operates in the financial services industry, in the financial activities segment.
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