About Sangeeth Nidhi Limited
Data last updated:
Sangeeth Nidhi Limited is a nidhi company based in Ernakulam, Kerala, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 11 May 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U65924KL2016PLC045738. Its GSTIN is 32AAZCS6045F1Z1 (Kerala).
The company has an authorised share capital of ₹2.5 Cr and a paid-up capital of ₹2 Cr. It is led by directors including Kocheril Ittoop Varghese and Susanna Isaac.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 26/437 Sml Building Edappally Toll Junction, Ernakulam, Kerala, India – 682024.
As per the financials filed for FY 2025, the company reported a revenue of ₹10.66 Cr, a growth of 31% compared to the previous year. For the same year it recorded a net profit of ₹1.42 Cr (net margin 13.3%) and EBITDA of ₹7.44 Cr (EBITDA margin 69.8%). Revenue has grown at a compounded annual rate (CAGR) of 26% over three years and 53% over five years.
The company has about 21 employees on its provident fund (EPFO) records.
Court records list 49 cases involving the company, including 48 filed by the company and 1 filed against it; 9 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sangeethnidhi.in.
Company details
Contact details
Sangeeth Nidhi Limited's registered office is in Ernakulam, Kerala. Its website is sangeethnidhi.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address26/437 Sml Building Edappally Toll Junction, Ernakulam, Kerala, India – 682024
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Sangeeth Nidhi Limited, 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 Sangeeth 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 Sangeeth Nidhi Limited, buy the company report.
Financials of Sangeeth Nidhi Limited
FY 2025 filings availableSangeeth Nidhi Limited reported revenue of ₹10.66 Cr (up 31% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 53% over five years, including 31% growth in the latest year. EBITDA rose 37% 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 | ₹7.44 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.42 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 | 69.8% | ||||
| Net Profit Margin | 13.3% | ||||
| 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 Sangeeth Nidhi Limited, buy the company report.
Board of directors of Sangeeth Nidhi Limited
Sangeeth Nidhi has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kocheril Ittoop Varghese Also directs: Vanchinad Finance Private Limited, S M L Finance Limited | Director | 09 Nov 2018 | 7 Years 11 Months | Current |
| Susanna Isaac Also directs: Ayur Bethaniya LLP, Bethaniya Clinic LLP, Vanchinad Finance Private Limited and 3 more | Director | 12 Apr 2019 | 7 Years 6 Months | Current |
| Griger Cherry Williams | Director | 11 May 2016 | 10 Years 5 Months | Current |
Peer comparison
Sangeeth Nidhi Limited is compared with the 4 companies closest to it by revenue in the BFSI industry (Other Financial Services), 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 |
|---|---|---|---|---|---|---|
| Raghuvir International Private Limited | ₹10.77 Cr (FY 2023) | Vadodara, Gujarat, India | ||||
| Wagad Forex Private Limited | ₹10.71 Cr (FY 2025) | -5.0% | Mumbai, Maharashtra, India | |||
| Maa Group Holdings Private Limited | ₹10.7 Cr (FY 2025) | 11.0% | Bangalore, Karnataka, India | |||
| Sangeeth Nidhi Limitedthis company | ₹10.66 Cr (FY 2025) | ₹1.42 Cr | 13.3% | 31.0% | 21 | Ernakulam, Kerala, India |
| Jamish Investment Private Limited | ₹10.62 Cr (FY 2025) | -18.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Sangeeth Nidhi Limited, buy the company report.
Auditor
Sangeeth Nidhi Limited is audited by CHEERAN VARGHESE & CO. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CHEERAN VARGHESE & CO. | FY 2022 | 050061S |
Shareholding
The shareholding of Sangeeth Nidhi Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Sangeeth Nidhi Limited, buy the company report.
Legal cases
Sangeeth Nidhi Limited has 49 court cases on record: 48 filed by Sangeeth Nidhi, 1 filed against it. 9 cases are pending and 40 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 47 | 1 | 9 |
| High courts | 2 | 0 | 0 |
Cases on record (5 of 49)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Palakkad, Kerala | Civil suit | Filed against the company by an individual | Pending |
| District court, Alappuzha, Kerala | Execution petition | Filed by the company against individuals | Pending |
| District court, Alappuzha, Kerala | Execution petition | Filed by the company against individuals | Pending |
| District court, Alappuzha, Kerala | Execution petition | Filed by the company against individuals | Pending |
| District court, Alappuzha, Kerala | Execution petition | Filed by the company against individuals | Pending |
To see the full case history of Sangeeth 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 Sangeeth Nidhi Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Sangeeth Nidhi Limited has a workforce of 21 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
Sangeeth Nidhi has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AAZCS6045F1Z1 | Kerala | Active | 18 Jan 2019 |
To see the full GST registrations and return filing status of Sangeeth Nidhi Limited, buy the company report.
Recent activity
Sangeeth Nidhi Limited has 8 board changes on record since 2016: 3 appointments and 5 cessations. The latest: Kocheril Ittoop Varghese ceased to be Additional Director on 30 Sep 2019.
Frequently asked questions
Sangeeth Nidhi is an active nidhi company based in Ernakulam, Kerala, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 11 May 2016 (10+ years old) and is registered under CIN U65924KL2016PLC045738.
Sangeeth Nidhi has 3 current directors:
- Kocheril Ittoop Varghese - Director
- Susanna Isaac - Director
- Griger Cherry Williams - Director
The latest financial statements of Sangeeth Nidhi on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Sangeeth Nidhi is 32AAZCS6045F1Z1, registered in Kerala.
The CIN (Corporate Identification Number) of Sangeeth Nidhi is U65924KL2016PLC045738. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sangeeth Nidhi has 49 court cases on record: 48 filed by the company and 1 filed against it. 9 are pending. Most are in the district courts.
Sangeeth Nidhi was incorporated on 11 May 2016, making it 10+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Sangeeth Nidhi by revenue are Raghuvir International Private Limited, Wagad Forex Private Limited, Maa Group Holdings Private Limited, Jamish Investment Private Limited, all in the BFSI industry (Other Financial Services), with the same principal business activity (other financial activities).
Kocheril Ittoop Varghese ceased to be Additional Director on 30 Sep 2019. Susanna Isaac ceased to be Additional Director on 30 Sep 2019. Cheruvathoor Kuriappan Appumon ceased to be Director on 12 Apr 2019. Sangeeth Nidhi has 8 board changes on record in total.
Sangeeth Nidhi can be reached through the website sangeethnidhi.in. Its registered office is in Ernakulam, Kerala, India.
The registered office of Sangeeth Nidhi is at 26437 Sml Building Edappally Toll Junction, Ernakulam, Kerala, India – 682024.
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.
