About Sathya Nidhi Limited
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Sathya Nidhi Limited is a nidhi company based in Chentrappinny, Kerala, India. It operates in the financial intermediation and lending segment of the financial services sector. It was incorporated on 21 November 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U65999KL2017PLC051127.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹46.76 Lakh. It is led by directors including Aneesh Kumar Narayanan and Kannan Beena.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at No. 10/287 Ag & Ah Chuppy Mall, Chentrappinny, Kerala, India – 680687.
As per the financials filed for FY 2019, the company reported a revenue of ₹24.14 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹18 Lakh (net margin -74.6%) and EBITDA of -₹31,308 (EBITDA margin -1.3%).
Court records list 6 cases involving the company, including 4 filed by the company and 2 filed against it; 3 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 sathyanidhi.com.
Company details
Contact details
Sathya Nidhi Limited's registered office is in Chentrappinny, Kerala.
- Registered AddressNo. 10/287 Ag & Ah Chuppy Mall, Chentrappinny, Kerala, India – 680687
- 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 Sathya 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 Sathya Nidhi Limited, buy the company report.
Financials of Sathya Nidhi Limited
FY 2019 filings availableSathya Nidhi Limited reported revenue of ₹24.14 Lakh (up 1853% YoY) for FY 2019.
Financial Statement Summary
| Metrics | FY 2018-19 | FY 2017-18 |
|---|---|---|
| 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 | -₹31,308 | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹18 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 2018-19 | FY 2017-18 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -1.3% | |
| Net Profit Margin | -74.6% | |
| 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 Sathya Nidhi Limited, buy the company report.
Board of directors of Sathya Nidhi Limited
Sathya Nidhi has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Aneesh Kumar Narayanan Also directs: Sathya Deepthi Fresh N Pure LLP, Sathya Deepthi Foundation | Director | 21 Nov 2017 | 8 Years 11 Months | Current |
| Kannan Beena Also directs: Sathya Deepthi Fresh N Pure LLP | Additional Director | 31 Mar 2021 | 5 Years 7 Months | Current |
| Panangatt Sasidharan Sandeep | Additional Director | 31 Mar 2021 | 5 Years 7 Months | Current |
Peer comparison
Sathya Nidhi Limited is compared with the 9 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 |
|---|---|---|---|---|---|---|
| Bavitha Nidhi Limited | ₹24.42 Lakh (FY 2021) | 224.0% | Guntur, Andhra Pradesh, India | |||
| Vivek Motor Finance Limited | ₹24.33 Lakh (FY 2022) | -10.0% | New Delhi, Delhi, India | |||
| P K Leasing & Finance Ltd | ₹24.24 Lakh (FY 2020) | 5.0% | Kolkata, West Bengal, India | |||
| Aar Shyam India Investment Company Limited | ₹24.15 Lakh (FY 2024) | -23.0% | New Delhi, Delhi, India | |||
| Sathya Nidhi Limitedthis company | ₹24.14 Lakh (FY 2019) | -₹18 Lakh | -74.6% | 1853.0% | Chentrappinny, Kerala, India | |
| Rashi Leasings Private Limited | ₹24.14 Lakh (FY 2024) | -20.0% | Delhi, India | |||
| PMP Sahyog Nidhi Limited | ₹24.12 Lakh (FY 2022) | 154.0% | Manasa, Madhya Pradesh, India | |||
| Pleasent Tradecom Private Limited | ₹23.87 Lakh (FY 2025) | -17.0% | Kolkata, West Bengal, India | |||
| JM Financial Credit Solutions Limited | ₹23.84 Lakh (FY 2023) | -98.0% | Mumbai, Maharashtra, India | |||
| Jan Jan Microfinance Foundation | ₹23.83 Lakh (FY 2024) | -26.0% | Chunar, Uttar Pradesh, India |
To see the full peer comparison of Sathya Nidhi Limited, buy the company report.
Legal cases
Sathya Nidhi Limited has 6 court cases on record: 4 filed by Sathya Nidhi, 2 filed against it. 3 cases are pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 2 | 3 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thrissur, Kerala | Execution petition | Filed against the company by an individual | Pending |
| District court, Thrissur, Kerala | Criminal case | Filed by the company against an individual | Pending |
| District court, Thrissur, Kerala | Criminal case | Filed by the company against an individual | Pending |
| District court, Thrissur, Kerala | Court case (RCP) | Filed against the company by individuals | Disposed |
| District court, Thrissur, Kerala | Criminal case | Filed by the company against an individual | Disposed |
To see the full case history of Sathya 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 Sathya 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 Sathya Nidhi Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Sathya Nidhi Limited has 5 board changes on record since 2017: 3 appointments and 2 cessations. The latest: Arun Rajendhran ceased to be Director on 31 Mar 2021.
Frequently asked questions
Sathya Nidhi is an active nidhi company based in Chentrappinny, Kerala, India. The company works in other financial intermediation, within the financial services industry. It was incorporated on 21 November 2017 (9+ years old) and is registered under CIN U65999KL2017PLC051127.
Sathya Nidhi has 3 current directors:
- Aneesh Kumar Narayanan - Director
- Kannan Beena - Additional Director
- Panangatt Sasidharan Sandeep - Additional Director
The latest financial statements of Sathya Nidhi on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from FY 2018 are in the company report.
The CIN (Corporate Identification Number) of Sathya Nidhi is U65999KL2017PLC051127. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sathya Nidhi has 6 court cases on record: 4 filed by the company and 2 filed against it. 3 are pending.
Sathya Nidhi was incorporated on 21 November 2017, making it 9+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Sathya Nidhi by revenue are Bavitha Nidhi Limited, Vivek Motor Finance Limited, P K Leasing & Finance Ltd, Aar Shyam India Investment Company Limited, Rashi Leasings Private Limited and 4 more, all in the same principal business activity (financial and credit leasing activities).
Arun Rajendhran ceased to be Director on 31 Mar 2021. Dhananjayan Puthiya Veettil ceased to be Director on 31 Mar 2021. Kannan Beena was appointed as Additional Director on 31 Mar 2021. Sathya Nidhi has 5 board changes on record in total.
Sathya Nidhi can be reached through the website sathyanidhi.com. Its registered office is in Chentrappinny, Kerala, India.
The registered office of Sathya Nidhi is at No. 10287 Ag & Ah Chuppy Mall, Chentrappinny, Kerala, India – 680687.
Sathya Nidhi operates in the financial services industry, in the other financial intermediation segment.
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