Ration Nidhi Limited
About Ration Nidhi Limited
Data last updated:
Ration Nidhi Limited is a nidhi company based in Changanassery, Kerala, India. It operates in the financial intermediation and lending segment of the financial services sector. It was incorporated on 24 February 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U65990KL2020PLN061701.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Muraleedharan Nair (Managing Director) and Thomas Andrews.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Building No. 613 Ward No. 9 Madappally Mammood P.O Mammood, Changanassery, Kerala, India – 686536.
As per the financials filed for FY 2023, the company reported a revenue of ₹6.07 Lakh, a decline of 9% compared to the previous year. For the same year it recorded a net loss of ₹4.24 Lakh (net margin -70%) and EBITDA of -₹18,060 (EBITDA margin -3%).
Court records list 2 cases involving the company, including 2 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Ration Nidhi Limited's registered office is in Changanassery, Kerala.
- Registered AddressBuilding No. 613 Ward No. 9 Madappally Mammood P.O Mammood, Changanassery, Kerala, India – 686536
- 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 Ration 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 Ration Nidhi Limited, buy the company report.
Financials of Ration Nidhi Limited
FY 2023 filings availableRation Nidhi Limited reported revenue of ₹6.07 Lakh (down 9% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue fell 9% in the latest year. EBITDA fell 106% in the latest 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 |
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| EBITDA | -₹18,060 | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹4.24 Lakh | |||
| Balance Sheet | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -3% | |||
| Net Profit Margin | -70% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
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| Receivable Days | ||||
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To see the full financial statements and ratios of Ration Nidhi Limited, buy the company report.
Board of directors of Ration Nidhi Limited
Ration Nidhi has 5 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Thomas Andrews | Director | 24 Mar 2020 | 6 Years 7 Months | Current |
| Gopalanachary Radhakrishnan | Director | 24 Jul 2020 | 6 Years 3 Months | Current |
| Afsal Prayattu Azize | Director | 24 Feb 2020 | 6 Years 8 Months | Current |
| Muraleedharan Nair | Managing Director | 24 Feb 2020 | 6 Years 8 Months | Current |
| Mathew Sanil | Director | 24 Feb 2020 | 6 Years 8 Months | Current |
Peer comparison
Ration 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 |
|---|---|---|---|---|---|---|
| Beegale Nidhi Limited | ₹6.21 Lakh (FY 2020) | 675.0% | Pune, Maharashtra, India | |||
| Springup Capital Private Limited | ₹6.14 Lakh (FY 2025) | 606.0% | Pune, Maharashtra, India | |||
| DTT Financial Services Private Limited | ₹6.12 Lakh (FY 2024) | 7.0% | Chennai, Tamil Nadu, India | |||
| SNV Bhavishya Nidhi Limited | ₹6.09 Lakh (FY 2022) | 54.0% | P.O. Nehrugram, Uttarakhand, India | |||
| Mangalam Engineering Projects Limited | ₹6.09 Lakh (FY 2019) | -5.0% | New Delhi, Delhi, India | |||
| Ration Nidhi Limitedthis company | ₹6.07 Lakh (FY 2023) | -₹4.24 Lakh | -70% | -9.0% | Changanassery, Kerala, India | |
| Em Money Private Limited | ₹6.06 Lakh (FY 2023) | 38.0% | Jaipur, Rajasthan, India | |||
| Shree Ram Swarna Nidhi Limited | ₹6.04 Lakh (FY 2025) | -2.0% | Baran, Rajasthan, India | |||
| Essel Finance Business Loans Limited | ₹6.03 Lakh (FY 2022) | -86.0% | Mumbai, Maharashtra, India | |||
| Shivam Devcon Private Limited | ₹6.01 Lakh (FY 2024) | -90.0% | Kolkata, West Bengal, India | |||
| Multiplex Insurance Solutions Private Limited | ₹5.95 Lakh (FY 2025) | 1813.0% | Delhi, India |
To see the full peer comparison of Ration Nidhi Limited, buy the company report.
Legal cases
Ration Nidhi Limited has 2 court cases on record: 2 filed by Ration Nidhi. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
| High courts | 1 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Kottayam, Kerala | Civil suit | Filed by the company against an individual | Disposed |
| High Court | Writ petition | Filed by the company against Union of India and 3 others | Disposed |
To see the full case history of Ration 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 Ration 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 Ration Nidhi Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Ration Nidhi Limited has 6 board changes on record since 2020: 5 appointments and 1 cessation. The latest: Gopalanachary Radhakrishnan ceased to be Additional Director on 04 Dec 2021.
Frequently asked questions
Ration Nidhi is an active nidhi company based in Changanassery, Kerala, India. The company works in other financial intermediation, within the financial services industry. It was incorporated on 24 February 2020 (6+ years old) and is registered under CIN U65990KL2020PLN061701.
Ration Nidhi has 5 current directors:
- Muraleedharan Nair - Managing Director
- Thomas Andrews - Director
- Gopalanachary Radhakrishnan - Director
- Afsal Prayattu Azize - Director
- Mathew Sanil - Director
The latest financial statements of Ration Nidhi on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2020 are in the company report.
The CIN (Corporate Identification Number) of Ration Nidhi is U65990KL2020PLN061701. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ration Nidhi has 2 court cases on record: 2 filed by the company. Most are in the district courts.
Ration Nidhi was incorporated on 24 February 2020, making it 6+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Ration Nidhi by revenue are Beegale Nidhi Limited, Springup Capital Private Limited, DTT Financial Services Private Limited, SNV Bhavishya Nidhi Limited, Mangalam Engineering Projects Limited and 5 more, all in the same principal business activity (financial and credit leasing activities).
Gopalanachary Radhakrishnan ceased to be Additional Director on 04 Dec 2021. Gopalanachary Radhakrishnan was appointed as Director on 24 Jul 2020. Thomas Andrews was appointed as Director on 24 Mar 2020. Ration Nidhi has 6 board changes on record in total.
The registered office of Ration Nidhi is at Building No. 613 Ward No. 9 Madappally Mammood P.O Mammood, Changanassery, Kerala, India – 686536.
Ration Nidhi operates in the financial services industry, in the other financial intermediation segment.
The compliance status of Ration Nidhi is compliant as of 19 July 2026. The company is actively filing with the Registrar of Companies.