Marathawada Nidhi Limited
About Marathawada Nidhi Limited
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Marathawada Nidhi Limited is a nidhi company based in Parbhani, Maharashtra, India. It operates in the financial intermediation and lending segment of the financial services sector. It was incorporated on 27 October 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U65990MH2020PLN348861.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹10.93 Lakh. It is led by directors including Ram Sudhakar Gore (Managing Director) and Syed Azher Syed Nazem.
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 Plot No 1817 Anand Nagar, Parbhani, Maharashtra, India – 431401.
As per the financials filed for FY 2024, the company reported a revenue of ₹7.09 Lakh, a growth of 13% compared to the previous year. For the same year it recorded a net profit of ₹4,325 (net margin 0.6%) and EBITDA of ₹2.5 Lakh (EBITDA margin 35.3%). Revenue has grown at a compounded annual rate (CAGR) of 99% over three years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Marathawada Nidhi Limited's registered office is in Parbhani, Maharashtra.
- Registered AddressPlot No 1817 Anand Nagar, Parbhani, Maharashtra, India – 431401
- IndustryFinancial Services, Other Financial Intermediation
- 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 Marathawada 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 Marathawada Nidhi Limited, buy the company report.
Financials of Marathawada Nidhi Limited
FY 2024 filings availableMarathawada Nidhi Limited reported revenue of ₹7.09 Lakh (up 13% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 99% over three years, including 13% growth in the latest year. EBITDA rose 89% 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 |
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| Total Expenses | ||||
| EBITDA | ₹2.5 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹4,325 | |||
| Balance Sheet | ||||
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| Reserves and Surplus | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 35.3% | |||
| Net Profit Margin | 0.6% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
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| Net Profit Growth | ||||
To see the full financial statements and ratios of Marathawada Nidhi Limited, buy the company report.
Board of directors of Marathawada Nidhi Limited
Marathawada Nidhi has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Syed Azher Syed Nazem | Director | 27 Oct 2020 | 6 Years 0 Months | Current |
| Ram Sudhakar Gore | Managing Director | 27 Oct 2020 | 6 Years 0 Months | Current |
| Sandip Ashroba Solunke | Director | 27 Oct 2020 | 6 Years 0 Months | Current |
Peer comparison
Marathawada 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 |
|---|---|---|---|---|---|---|
| Pais Nidhi Limited | ₹7.1 Lakh (FY 2023) | -36.0% | Ahmadnagar, Maharashtra, India | |||
| Bhoomi Shakti Nidhi Limited | ₹7.1 Lakh (FY 2019) | 507.0% | Raebareli, Uttar Pradesh, India | |||
| Geswa Gramin Vikash Nidhi Limited | ₹7.1 Lakh (FY 2025) | 14.0% | Siwan, Bihar, India | |||
| Asansal Nidhi Limited | ₹7.1 Lakh (FY 2024) | -72.0% | Varanasi, Uttar Pradesh, India | |||
| S.P.D Chits Private Limited | ₹7.09 Lakh (FY 2019) | -13.0% | Bangalore, Karnataka, India | |||
| Marathawada Nidhi Limitedthis company | ₹7.09 Lakh (FY 2024) | ₹4,325 | 0.6% | 13.0% | Parbhani, Maharashtra, India | |
| Super Tradecom Private Limited | ₹7.09 Lakh (FY 2024) | -21.0% | Howrah, West Bengal, India | |||
| Kodumutty Finance and Invesments Limited | ₹7.09 Lakh (FY 2024) | -12.0% | Nagercoil, Tamil Nadu, India | |||
| Ara Trusteeship Company Private Limited | ₹7.09 Lakh (FY 2025) | 11.0% | Pune, Maharashtra, India | |||
| Holiday Hype DMC Private Limited | ₹7.09 Lakh (FY 2024) | 8.0% | Mumbai, Maharashtra, India | |||
| Gawolia Nidhi Limited | ₹7.09 Lakh (FY 2020) | Nagaon, Assam, India |
To see the full peer comparison of Marathawada Nidhi Limited, buy the company report.
Legal cases
No court or tribunal cases involving Marathawada 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 Marathawada 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 Marathawada Nidhi Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Marathawada Nidhi Limited has 3 board changes on record since 2020: 3 appointments. The latest: Ram Sudhakar Gore was appointed as Managing Director on 27 Oct 2020.
Frequently asked questions
Marathawada Nidhi is an active nidhi company based in Parbhani, Maharashtra, India. The company works in other financial intermediation, within the financial services industry. It was incorporated on 27 October 2020 (6+ years old) and is registered under CIN U65990MH2020PLN348861.
Marathawada Nidhi has 3 current directors:
- Ram Sudhakar Gore - Managing Director
- Syed Azher Syed Nazem - Director
- Sandip Ashroba Solunke - Director
The latest financial statements of Marathawada 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 2021 are in the company report.
The CIN (Corporate Identification Number) of Marathawada Nidhi is U65990MH2020PLN348861. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Marathawada Nidhi was incorporated on 27 October 2020, making it 6+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Marathawada Nidhi by revenue are Pais Nidhi Limited, Bhoomi Shakti Nidhi Limited, Geswa Gramin Vikash Nidhi Limited, Asansal Nidhi Limited, S.P.D Chits Private Limited and 5 more, all in the same principal business activity (other financial activities).
Ram Sudhakar Gore was appointed as Managing Director on 27 Oct 2020. Sandip Ashroba Solunke was appointed as Director on 27 Oct 2020. Syed Azher Syed Nazem was appointed as Director on 27 Oct 2020.
The registered office of Marathawada Nidhi is at Plot No 1817 Anand Nagar, Parbhani, Maharashtra, India – 431401.
Marathawada Nidhi operates in the financial services industry, in the other financial intermediation segment.
The compliance status of Marathawada Nidhi is compliant as of 14 July 2026. The company is actively filing with the Registrar of Companies.
Marathawada Nidhi can be reached at its registered office: Plot No 1817 Anand Nagar, Parbhani, Maharashtra, India – 431401.
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