RMG Nidhi Limited
About RMG Nidhi Limited
Data last updated:
RMG Nidhi Limited is a nidhi company based in Chennai, Tamil Nadu, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 20 November 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U65991TN1995PLN033583. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹27.13 Lakh. It was formerly known as Rmg Benefit Fund Ltd. It is led by directors including Abinaya Vijayan and Radhakrishnan Jayanthi.
Its last annual general meeting (AGM) was held on 20 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 38 Jeenis Road Saidapetmadras 600015 Madras 600015, Chennai, Tamil Nadu, India.
As per the financials filed for FY 2025, the company reported a revenue of ₹85.95 Lakh, a growth of 5% compared to the previous year. For the same year it recorded a net profit of ₹2.57 Lakh (net margin 3%) and EBITDA of ₹53.71 Lakh (EBITDA margin 62.5%). Revenue has declined at a compounded annual rate (CAGR) of 1% over three years and 3% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
RMG Nidhi has one previous CIN (Corporate Identification Number): U65991TN1995PLC033583. The current CIN is U65991TN1995PLN033583, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65991TN1995PLN033583 | Current |
| U65991TN1995PLC033583 | Previous |
Contact details
RMG Nidhi Limited's registered office is in Chennai, Tamil Nadu.
- Registered Address38 Jeenis Road Saidapetmadras 600015 Madras 600015, Chennai, Tamil Nadu, India
- IndustryFinancial Services, Financial Activities
- 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 RMG 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 RMG Nidhi Limited, buy the company report.
Financials of RMG Nidhi Limited
FY 2025 filings availableRMG Nidhi Limited reported revenue of ₹85.95 Lakh (up 5% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 5% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 3%. EBITDA rose 9% 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 | ₹53.71 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.57 Lakh | ||||
| 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 | 62.5% | ||||
| Net Profit Margin | 3% | ||||
| 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 RMG Nidhi Limited, buy the company report.
Board of directors of RMG Nidhi Limited
RMG Nidhi has 3 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Abinaya Vijayan Also directs: Agam Fertility and Womens Centre Private Limited | Director | 15 Jul 2016 | 10 Years 4 Months | Current |
| Radhakrishnan Jayanthi | Director | 06 Mar 2021 | 5 Years 8 Months | Current |
| Gomathi Radhakrishnan Gokul | Director | 18 Aug 2018 | 8 Years 2 Months | Current |
Peer comparison
RMG Nidhi Limited is compared with the 7 companies closest to it by revenue in the BFSI industry (Micro Finance), with 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 |
|---|---|---|---|---|---|---|
| Saptavandana Chits and Finances Private Limited | ₹87.7 Lakh (FY 2025) | -12.0% | Secunderabad, Telangana, India | |||
| MJT Chits Coimbatore Private Limited | ₹87.29 Lakh (FY 2025) | 21.0% | Coimbatore, Tamil Nadu, India | |||
| Boby Chemmanur Nidhi Limited | ₹86.51 Lakh (FY 2022) | 53.0% | Kunnamkulam, Kerala, India | |||
| United Kuries Pvt Ltd | ₹86.27 Lakh (FY 2025) | 5.0% | Trissur, Kerala, India | |||
| RMG Nidhi Limitedthis company | ₹85.95 Lakh (FY 2025) | ₹2.57 Lakh | 3% | 5.0% | Chennai, Tamil Nadu, India | |
| Kaiypeti Chits Private Limited | ₹85.88 Lakh (FY 2024) | 15.0% | Coimbatore, Tamil Nadu, India | |||
| Jaya Sulochana Chit Fund Private Limited | ₹84.88 Lakh (FY 2025) | 2.0% | Chennai, Tamil Nadu, India | |||
| Ente Naadu Nidhi Limited | ₹84.56 Lakh (FY 2023) | 139.0% | Kothamangalam, Kerala, India |
To see the full peer comparison of RMG Nidhi Limited, buy the company report.
Legal cases
No court or tribunal cases involving RMG 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 RMG Nidhi Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
RMG 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 RMG Nidhi Limited, buy the company report.
Recent activity
RMG Nidhi Limited has 15 board changes on record since 2008: 3 appointments and 12 cessations. The latest: Radhakrishnan Jayanthi ceased to be Additional Director on 11 Sep 2021.
6 earlier events are in the company report.
Frequently asked questions
RMG Nidhi is an active nidhi company based in Chennai, Tamil Nadu, India. The company works in financial activities, within the financial services industry. It was incorporated on 20 November 1995 (31+ years old) and is registered under CIN U65991TN1995PLN033583.
RMG Nidhi has 3 current directors:
- Abinaya Vijayan - Director
- Radhakrishnan Jayanthi - Director
- Gomathi Radhakrishnan Gokul - Director
The latest financial statements of RMG Nidhi on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 20 September 2025. Year-wise statements from 2015 are in the company report.
No. RMG Nidhi has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of RMG Nidhi is U65991TN1995PLN033583. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
RMG Nidhi was incorporated on 20 November 1995, making it 31+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of RMG Nidhi by revenue are Saptavandana Chits and Finances Private Limited, MJT Chits Coimbatore Private Limited, Boby Chemmanur Nidhi Limited, United Kuries Pvt Ltd, Kaiypeti Chits Private Limited and 2 more, all in the BFSI industry (Micro Finance), with the same principal business activity (other financial activities).
Radhakrishnan Jayanthi ceased to be Additional Director on 11 Sep 2021. Mani Shobana ceased to be Director on 06 Mar 2021. Radhakrishnan Jayanthi was appointed as Director on 06 Mar 2021. RMG Nidhi has 15 board changes on record in total.
The registered office of RMG Nidhi is at 38 Jeenis Road Saidapetmadras 600015 Madras 600015, Chennai, Tamil Nadu, India.
RMG Nidhi operates in the financial services industry, in the financial activities segment.
The compliance status of RMG Nidhi is compliant as of 24 July 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.
