Palma Development Nidhi Limited

Palma Development Nidhi Limited - financial services in Kanjiracode, Tamil Nadu, India. FY 2026 financials and compliance.
CIN U65929TN2018PLC124677 Incorporated 20 September 2018 ROC Chennai HQ Kanjiracode, Tamil Nadu, India
Active Nidhi Company financial services
Data last updated
Revenue · FY 2022
₹39,850
▼ 32.04% YoY
EBITDA · FY 2022
*****
▼ 133.90% YoY
Net profit · FY 2022
*****
▼ 926.13% YoY
Authorised capital
₹20 Lakh
Registered with MCA
Paid-up capital
₹10.48 Lakh
Issued & subscribed
Open charges
None
Secured borrowings
Company age
8 yrs
Est. 2018
Last financials
Mar 2025
Balance sheet date

About Palma Development Nidhi Limited

Data last updated: 11 February 2026

Palma Development Nidhi Limited is a nidhi company based in Kanjiracode, Tamil Nadu, India. It specialises in financial intermediation and lending, a part of the broader financial services sector. Incorporated on 20 September 2018, the company has been in operation for over 8 years.

Registered with ROC Chennai under CIN U65929TN2018PLC124677.

Capital: an authorised share capital of ₹20 Lakh and a paid-up capital of ₹10.48 Lakh. It is led by directors including Anbaiyan Nadar Sankili and Jacob Abraham Isaac.

Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: 14 – 26/1 Palmalayam Chengai Kanjiracode P.O. Marthandam Kanyakumari District, Tamil Nadu, India – 629155.

As per the financials filed for FY 2022, the company reported a revenue of ₹39,850, a decline of 32.04% compared to the previous year.

Company Details of Palma Development Nidhi Limited
CIN U65929TN2018PLC124677
Registration Number 124677
Incorporation Date 20 September 2018
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Key People
Anbaiyan Nadar Sankili Managing Director Jacob Abraham Isaac Director Rajayan Jothivimalabai Director
Contact Details
  • Email
    *****@*****.com
  • Telephone
    **************
  • Website
    **************
  • Social Media
    **************
  • Registered Address
    14 – 26/1 Palmalayam Chengai Kanjiracode P.O. Marthandam Kanyakumari District, Tamil Nadu, India – 629155
  • Industry
    Financial Services, Other Financial Intermediation, Credit Allocation Agencies, Pawn Shops
Company report
Palma Development Nidhi Limited - full intelligence report
  • Historical Financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Litigation, compliance and MCA filings
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Financials, compliance, directors, charges, ownership and filings for Palma Development Nidhi Limited in one report.

10-year financials Directors & ownership Charges & compliance

Board of Directors of Palma Development Nidhi Limited

Palma Development Nidhi Limited is currently managed by 3 directors, with 1 former director having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Current Directors
Name Designation Appointment Date Tenure Status
Anbaiyan Nadar Sankili Managing Director 20 Sep 2018 7 Years 9 Months Current
Jacob Abraham Isaac
Also directs: Jmj Microfin Private Limited
Director 20 Sep 2018 7 Years 9 Months Current
Rajayan Jothivimalabai
Also directs: Palma Rural Merchandise Private Limited, Palma Chits Limited
Director 20 Sep 2018 7 Years 9 Months Current
View all directors

Financials of Palma Development Nidhi Limited FY 2025 filings available

Palma Development Nidhi Limited reported revenue of ₹39,850 (down -32.04% YoY) for FY 2022. Profit growth despite declining revenue indicates effective cost management and margin discipline.

Revenue
₹39,850 ▼ -32.04%
Profit
***** ▼ -926.13%
EBITDA
***** ▼ -133.90%
Metrics
*****
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*****
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Revenue
Revenue from Operations
*****
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Revenue Growth %
*****
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Other Income
*****
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Total Revenue
*****
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Expenses
Total Expenses
*****
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Raw Material Cost
*****
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Change in Inventory FG
*****
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Change in Inventory WIP
*****
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Purchase of Traded Goods
*****
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Employee Cost
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Managerial Remuneration
*****
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Audit Fees
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Insurance
*****
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Power & Fuel
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Interest
*****
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Depreciation
*****
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Other Expenses
*****
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Profitability
EBITDA (Operating Profit)
*****
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Operating Margin %
*****
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Exceptional Items
*****
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Extraordinary Items
*****
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Profit Before Exceptional & Extraordinary Items
*****
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Profit Before Tax
*****
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Tax & Net Profit
Tax Expense
*****
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Current Tax
*****
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Deferred Tax
*****
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Profit from Discontinued Operations
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Tax on Discontinued Operations
*****
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Profit
*****
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Net Margin %
*****
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Metrics
*****
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Shareholders' Funds
Total Shareholders' Funds
*****
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Equity Capital
*****
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Reserves & Surplus
*****
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Money Against Warrants
*****
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Other Equity
*****
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Non-Current Liabilities
Total Non-Current Liabilities
*****
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Long-Term Borrowings
*****
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Deferred Tax Liabilities
*****
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Other Non-Current Liabilities
*****
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Long-Term Provisions
*****
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Current Liabilities
Total Current Liabilities
*****
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Short-Term Borrowings
*****
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Trade Payables
*****
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Other Current Liabilities
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Short-Term Provisions
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Total Equity & Liabilities
*****
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Non-Current Assets
Non-Current Assets
*****
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Tangible Assets
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Intangible Assets
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Capital WIP
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Intangibles Under Dev
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Investments
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Deferred Tax Assets
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LT Loans & Advances
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Other Non-Current Assets
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Current Assets
Current Assets
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Current Investments
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Inventories
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Trade Receivables
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Cash & Bank Balance
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ST Loans & Advances
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Other Current Assets
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Total Assets
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Metrics
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Cash from Operating Activities (CFO)
Profit Before Tax
*****
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Non-Cash Adjustments
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+ Interest Expense
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+ Depreciation
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+/- Unrealized Forex
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- Dividend Income
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- Interest Income
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+/- Other Non-Cash Items
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Changes in Working Capital
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+/- Inventory
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+/- Debtors
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+/- Creditors
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Reconciliation Adjustments
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Cash Generated from Operations
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Income Taxes Paid
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Net CFO (Cash from Operations)
*****
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Cash from Investing Activities (CFI)
Acquisitions & Disposals
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Disposal of Subsidiaries
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Acquisition of Subsidiaries
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Capex
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Purchase of Fixed Assets
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Sale of Fixed Assets
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Other Investing Cash Flows
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Net CFI (Cash from Investing)
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Cash from Financing Activities (CFF)
Equity Issuance
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Debt Raised
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Debt Repaid
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Dividends Paid
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Interest Paid
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Net CFF (Cash from Financing)
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Net Cash Position
Net Change in Cash (Pre-Forex)
*****
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Closing Cash & Equivalents
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Metrics
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Liquidity
Current Ratio
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Quick Ratio
*****
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Cash Ratio
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Efficiency
Inventory Days
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Debtor Days
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Creditor Days
*****
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Cash Conversion Cycle
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Asset Turnover
*****
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Profitability
Net Profit Margin %
*****
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Operating Margin %
*****
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ROE %
*****
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ROCE %
*****
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Net Worth Margin %
*****
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Growth
Revenue Growth %
*****
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Leverage
Equity Multiplier
*****
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Debt / EBITDA
*****
*****
*****
*****
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Solvency
D/E Ratio
*****
*****
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*****
*****
ICR
*****
*****
*****
*****
*****

Consolidated Statements

Income Statement, Balance Sheet, Cash Flow & Ratios available in the full report.

Unlock Complete Financial History (FY 2015 – Latest)
Standalone & Consolidated - Income Statement, Balance Sheet, Cash Flow, Financial Ratios and Growth Trends with 10+ years of line-item data.
10+ years of data Line-item breakdown Balance Sheet detail Cash Flow analysis 20+ ratios & metrics Downloadable PDF
What Is the Ownership and Shareholding Structure of Palma Development Nidhi Limited?

View Palma Development Nidhi Limited's control and ownership data: shareholding patterns, funding details, FII information, directors and KMP remuneration, group structure, overseas investment and related data.

Shareholding Pattern (FY 2026)
Shareholding pattern chart
  • Promoters: **.**%
  • Public: **.**%
  • Others: **.**%
Shareholding Pattern over the Year
FY 2026 FY 2025 FY 2024 FY 2023 FY 2022
Promoters**.****.****.****.****.**
Public**.****.****.****.****.**
Others**.****.****.****.****.**

Full shareholding pattern with quarterly trends.

Charges & Borrowings Palma Development Nidhi Limited

Palma Development Nidhi Limited does not have any charges (loans) registered with the Registrar of Companies.

Employees and EPFO Compliance at Palma Development Nidhi Limited

View historical data on people associated with Palma Development Nidhi Limited, including employment history and EPFO contributions.

2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026

Employee Count & EPFO Data of Palma Development Nidhi Limited

Access employee headcount trends, monthly PF payment records, EPFO establishment details, and compliance data.

Monthly employee headcount & PF contributions
EPFO establishment details & ECR filing status
Year-wise workforce analytics & attrition trends
PF exemption, coverage & compliance verification

GST Compliance of Palma Development Nidhi Limited

XX%
Compliant
GSTR-1
GSTR-3B
GSTR-9
MH
KA
UP
TN
TS

GSTIN & GST Filing Data of Palma Development Nidhi Limited

Access GSTIN registrations, state-wise filing compliance, HSN/SAC codes, and detailed goods & services data.

GSTIN registrations & state-wise presence
Filing compliance - GSTR-1, GSTR-3B, GSTR-9
HSN/SAC codes with goods & services details
Taxpayer type, jurisdiction & business constitution

Credit Ratings, Litigation & Regulatory Alerts for Palma Development Nidhi Limited

Credit rating
AAA
AA+
AA
AA-
! !
2015 2017 2019 2021 2023
Litigation
District Court 35
High Court 45
Supreme Court 0
NCLT / NCLAT 0
Pending
Disposed
Regulatory alerts
GSTIN Cancelled
Andhra Pradesh
GSTIN Cancelled
Telangana (on application)
EPFO Delay
12 months delay - Haryana
Violations via Directors
20 MCA + 19 Bank defaults

Credit Ratings, Legal Cases & Regulatory Alerts of Palma Development Nidhi Limited

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Credit rating history across CARE, ICRA, Brickwork & India Ratings
Instrument-wise ratings, outlook & action timeline
Court-wise litigation (District, High Court, Supreme Court, NCLT)
Group company & common directorship litigation
Statutory compliance alerts (GSTIN, EPFO, ROC)
Director & company violations (MCA, SEBI, Banks, BSE/NSE)

MSME Payment Delays by Palma Development Nidhi Limited

MSME Payment Delays by Palma Development Nidhi Limited

Track payments outstanding to micro and small enterprise vendors, as disclosed in half-yearly MSME-1 returns filed with the MCA.

Amounts outstanding to MSME suppliers
Delay periods & reasons for delayed payments
Half-yearly MSME-1 filing history
Vendor-payment behaviour as a counterparty risk signal

Subsidiaries & Group Companies of Palma Development Nidhi Limited

Subsidiaries & Group Companies of Palma Development Nidhi Limited

See the full corporate group - holding company, subsidiaries, associates and joint ventures of Palma Development Nidhi Limited with ownership details.

Holding & parent company details
Subsidiaries & step-down subsidiaries with % holding
Associates & joint ventures with partner details
Investments in other entities year-on-year

MCA Filings & Documents of Palma Development Nidhi Limited

MCA Filings & Documents of Palma Development Nidhi Limited

Download official documents filed with the Ministry of Corporate Affairs - from incorporation papers to the latest annual filings.

Incorporation documents, MoA & AoA
Annual returns (MGT-7) & financial statements (AOC-4)
Charge filings (CHG-1, CHG-4) & resolutions
Complete document index with filing dates

Recent Activity on Palma Development Nidhi Limited

Activity
30 Sep 2025
Palma Development Nidhi Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Activity
31 Mar 2025
Palma Development Nidhi Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chennai.
Directors
20 Sep 2018
Anbaiyan Nadar Sankili was appointed as a Managing Director on 20 Sep 2018 & has been associated with this company since 7 years 9 months.
Directors
20 Sep 2018
Jacob Abraham Isaac was appointed as a Director on 20 Sep 2018 & has been associated with this company since 7 years 9 months.
Directors
20 Sep 2018
Rajayan Jothivimalabai was appointed as a Director on 20 Sep 2018 & has been associated with this company since 7 years 9 months.
Activity
20 Sep 2018
Palma Development Nidhi Limited was registered on 20 Sep 2018 with Roc Chennai & aged 7 years 9 months as per MCA records.

Frequently Asked Questions about Palma Development Nidhi Limited

Palma Development Nidhi Limited is an active nidhi company in the financial services sector based in Kanjiracode, Tamil Nadu, India. It was incorporated on 20 September 2018 (8+ years old) and is registered under CIN U65929TN2018PLC124677.

Palma Development Nidhi Limited reported revenue of ₹39,850 for FY 2022 (down 32.04% YoY).

The current directors of Palma Development Nidhi Limited are:

The primary industry of Palma Development Nidhi Limited is financial services. The company specifically operates in other financial intermediation. The company is currently active in this sector.

Palma Development Nidhi Limited can be reached at the registered office: 14 – 261 Palmalayam Chengai Kanjiracode P.O. Marthandam Kanyakumari District, Tamil Nadu, India – 629155.

The authorised capital is ₹20 Lakh, and the paid-up capital is ₹10.48 Lakh.

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