Nitika Finance Pvt.Ltd.
About Nitika Finance Pvt.Ltd.
Data last updated:
Nitika Finance Pvt.Ltd. is a private limited company based in Kolkata, West Bengal, India. It operates in the non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 28 September 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U67120WB1994PTC065294.
The company has an authorised share capital of ₹4.5 Cr and a paid-up capital of ₹3.85 Cr. It is led by directors including Naman Kedia and Rakesh Kumar Kedia.
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 10/1 Burtolla Street Burraabazar, Kolkata, West Bengal, India – 700007.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.81 Cr, a growth of 77% compared to the previous year. For the same year it recorded a net profit of ₹1.26 Cr (net margin 33.1%) and EBITDA of ₹3.64 Cr (EBITDA margin 95.5%). Revenue has grown at a compounded annual rate (CAGR) of 43% over three years and 66% over five years.
Court records list 7 cases involving the company, including 5 filed by the company and 2 filed against it; 4 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Nitika Finance Pvt.Ltd.'s registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address10/1 Burtolla Street Burraabazar, Kolkata, West Bengal, India – 700007
- IndustryFinancial Services, NBFC, Investment & Credit NBFC
To see the full contact details of Nitika Finance Pvt.Ltd., 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 Nitika Finance is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Nitika Finance Pvt.Ltd., buy the company report.
Financials of Nitika Finance Pvt.Ltd.
FY 2024 filings availableNitika Finance Pvt.Ltd. reported revenue of ₹3.81 Cr (up 77% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 66% over five years, including 77% growth in the latest year. EBITDA rose 90% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹3.64 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.26 Cr | ||||
| 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 95.5% | ||||
| Net Profit Margin | 33.1% | ||||
| 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 Nitika Finance Pvt.Ltd., buy the company report.
Board of directors of Nitika Finance Pvt.Ltd.
Nitika Finance has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Naman Kedia Also directs: Shivika City Homes LLP, Aadrika Complex LLP, Ananta Dealtrade Private Limited and 2 more | Director | 08 Dec 2022 | 3 Years 10 Months | Current |
| Rakesh Kumar Kedia | Director | 07 Jul 2020 | 6 Years 3 Months | Current |
| Ashok Kumar Kedia | Director | 07 Jul 2020 | 6 Years 3 Months | Current |
Auditor
Nitika Finance Pvt.Ltd. is audited by RAMESH&RAJASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAMESH&RAJASSOCIATES | FY 2023 | 324138E |
Shareholding
The shareholding of Nitika Finance Pvt.Ltd. is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Nitika Finance Pvt.Ltd., buy the company report.
Legal cases
Nitika Finance Pvt.Ltd. has 7 court cases on record: 5 filed by Nitika Finance, 2 filed against it. 4 cases are pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 1 | 3 |
| High courts | 2 | 1 | 1 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against Shree Madhav Edible Products Ltd. | Pending |
| District court, Calcutta, West Bengal | Court case (CN) | Filed by the company against Shree Madhav Edible Products Ltd. | Pending |
| District court, Calcutta, West Bengal | Court case (CN) | Filed by the company against Shree Madhav Edible Products Ltd. | Disposed |
| Calcutta High Court | Court case (CRR) | Filed by the company against Shree Madhav Edible Products Ltd & Ors | Disposed |
| Calcutta High Court | Court case (CRR) | Filed against the company by an individual | Pending |
To see the full case history of Nitika Finance Pvt.Ltd., 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 Nitika Finance Pvt.Ltd.; 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 Nitika Finance Pvt.Ltd.; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Nitika Finance Pvt.Ltd. has 9 board changes on record since 2020: 3 appointments and 6 cessations. The latest: Naman Kedia ceased to be Additional Director on 29 Sep 2024.
Frequently asked questions
Nitika Finance is an active private limited company based in Kolkata, West Bengal, India. The company works in nbfc, within the financial services industry. It was incorporated on 28 September 1994 (32+ years old) and is registered under CIN U67120WB1994PTC065294.
Nitika Finance has 3 current directors:
- Naman Kedia - Director
- Rakesh Kumar Kedia - Director
- Ashok Kumar Kedia - Director
The latest financial statements of Nitika Finance 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 2015 are in the company report.
The CIN (Corporate Identification Number) of Nitika Finance is U67120WB1994PTC065294. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nitika Finance has 7 court cases on record: 5 filed by the company and 2 filed against it. 4 are pending. Most are in the district courts.
Nitika Finance was incorporated on 28 September 1994, making it 32+ years old. It is registered with the Registrar of Companies, Kolkata.
Naman Kedia ceased to be Additional Director on 29 Sep 2024. Naman Kedia was appointed as Director on 08 Dec 2022. Arun Kumar Kedia ceased to be Director on 21 Jan 2022. Nitika Finance has 9 board changes on record in total.
The registered office of Nitika Finance is at 101 Burtolla Street Burraabazar, Kolkata, West Bengal, India – 700007.
Nitika Finance operates in the financial services industry, in the nbfc segment.
The compliance status of Nitika Finance is compliant as of 07 August 2026. The company is actively filing with the Registrar of Companies.
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.
