Vitthalmala Nidhi Limited
About Vitthalmala Nidhi Limited
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Vitthalmala Nidhi Limited is a nidhi company based in Nagpur, Maharashtra, India. It operates in the financial intermediation and lending segment of the financial services sector. It was incorporated on 25 November 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U65990MH2020PLN350705.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Jaymala Vitthal Deshmukh and Vitthal Jagannath Deshmukh.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at C/O Ashok Sheshrao Kongre H.No.2220 Wd. No – 2 Wanadongari, Nagpur, Maharashtra, India – 441110.
As per the financials filed for FY 2022, the company reported a revenue of ₹3.12 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹1,589 (net margin -0.5%) and EBITDA of ₹45,809 (EBITDA margin 14.7%).
Company details
Contact details
Vitthalmala Nidhi Limited's registered office is in Nagpur, Maharashtra.
- Registered AddressC/O Ashok Sheshrao Kongre H.No.2220 Wd. No – 2 Wanadongari, Nagpur, Maharashtra, India – 441110
- 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 Vitthalmala 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 Vitthalmala Nidhi Limited, buy the company report.
Financials of Vitthalmala Nidhi Limited
FY 2022 filings availableVitthalmala Nidhi Limited reported revenue of ₹3.12 Lakh (up 583% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue rose 583% in the latest year. EBITDA rose 187% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2021-22 | FY 2020-21 |
|---|---|---|
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| Revenue from Operations | ||
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| Cost of Materials Consumed | ||
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| Depreciation and Amortisation | ||
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| EBITDA | ₹45,809 | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹1,589 | |
| Balance Sheet | ||
| Share Capital | ||
| Reserves and Surplus | ||
| Net Worth (Total Equity) | ||
| Long-term Borrowings | ||
| Short-term Borrowings | ||
| Trade Payables | ||
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| Inventories | ||
| Trade Receivables | ||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 14.7% | |
| Net Profit Margin | -0.5% | |
| Return on Equity (ROE) | ||
| Return on Capital Employed (ROCE) | ||
| Return on Assets (ROA) | ||
| Liquidity and Debt | ||
| Current Ratio | ||
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| Efficiency and Growth | ||
| Asset Turnover | ||
| Receivable Days | ||
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| Revenue Growth | ||
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To see the full financial statements and ratios of Vitthalmala Nidhi Limited, buy the company report.
Board of directors of Vitthalmala Nidhi Limited
Vitthalmala Nidhi has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jaymala Vitthal Deshmukh | Director | 25 Nov 2020 | 5 Years 11 Months | Current |
| Vitthal Jagannath Deshmukh | Director | 25 Nov 2020 | 5 Years 11 Months | Current |
| Nikita Mukesh Gore | Director | 25 Nov 2020 | 5 Years 11 Months | Current |
Peer comparison
Vitthalmala 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 |
|---|---|---|---|---|---|---|
| Safety General Finance and Investments India Limited | ₹3.2 Lakh (FY 2019) | -33.0% | Coimbatore, Tamil Nadu, India | |||
| Krivi Nidhi India Limited | ₹3.17 Lakh (FY 2019) | 138.0% | Ajmer, Rajasthan, India | |||
| Golden India Leasing and Finance Ltd | ₹3.16 Lakh (FY 2018) | -39.0% | Gurdaspur, Punjab, India | |||
| Kashni Nidhi Limited | ₹3.15 Lakh (FY 2020) | 2288.0% | Mumbai, Maharashtra, India | |||
| Golden M. P. Finance Consultants Private Limited | ₹3.13 Lakh (FY 2025) | 23.0% | Faridabad, Haryana, India | |||
| Vitthalmala Nidhi Limitedthis company | ₹3.12 Lakh (FY 2022) | -₹1,589 | -0.5% | 583.0% | Nagpur, Maharashtra, India | |
| Maruploi Nidhi Limited | ₹3.12 Lakh (FY 2024) | -7.0% | Thoubal, Manipur, India | |||
| Chamat Nidhi Limited | ₹3.09 Lakh (FY 2024) | -19.0% | Gondia, Maharashtra, India | |||
| Om Shri Vidhi Foundation | ₹3.08 Lakh (FY 2024) | 3.0% | Lucknow, Uttar Pradesh, India | |||
| Golden Overseas Private Limited | ₹3.06 Lakh (FY 2025) | -6.0% | Gurgaon, Haryana, India | |||
| Lifemap Finserv Private Limited | ₹3.05 Lakh (FY 2024) | -31.0% | Aurangabad, Maharashtra, India |
To see the full peer comparison of Vitthalmala Nidhi Limited, buy the company report.
Legal cases
No court or tribunal cases involving Vitthalmala 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 Vitthalmala 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 Vitthalmala Nidhi Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Vitthalmala Nidhi Limited has 3 board changes on record since 2020: 3 appointments. The latest: Jaymala Vitthal Deshmukh was appointed as Director on 25 Nov 2020.
Frequently asked questions
Vitthalmala Nidhi is an active nidhi company based in Nagpur, Maharashtra, India. The company works in other financial intermediation, within the financial services industry. It was incorporated on 25 November 2020 (6+ years old) and is registered under CIN U65990MH2020PLN350705.
Vitthalmala Nidhi has 3 current directors:
- Jaymala Vitthal Deshmukh - Director
- Vitthal Jagannath Deshmukh - Director
- Nikita Mukesh Gore - Director
The latest financial statements of Vitthalmala Nidhi on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from FY 2021 are in the company report.
The CIN (Corporate Identification Number) of Vitthalmala Nidhi is U65990MH2020PLN350705. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vitthalmala Nidhi was incorporated on 25 November 2020, making it 6+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Vitthalmala Nidhi by revenue are Safety General Finance and Investments India Limited, Krivi Nidhi India Limited, Golden India Leasing and Finance Ltd, Kashni Nidhi Limited, Golden M. P. Finance Consultants Private Limited and 5 more, all in the same principal business activity (financial and credit leasing activities).
Jaymala Vitthal Deshmukh was appointed as Director on 25 Nov 2020. Nikita Mukesh Gore was appointed as Director on 25 Nov 2020. Vitthal Jagannath Deshmukh was appointed as Director on 25 Nov 2020.
The registered office of Vitthalmala Nidhi is at CO Ashok Sheshrao Kongre H.No.2220 Wd. No – 2 Wanadongari, Nagpur, Maharashtra, India – 441110.
Vitthalmala Nidhi operates in the financial services industry, in the other financial intermediation segment.
Vitthalmala Nidhi can be reached at its registered office: CO Ashok Sheshrao Kongre H.No.2220 Wd. No – 2 Wanadongari, Nagpur, Maharashtra, India – 441110.
Vitthalmala Nidhi is registered under the jurisdiction of the Registrar of Companies (ROC), Mumbai.
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