Wincoast Nidhi Limited
About Wincoast Nidhi Limited
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Wincoast Nidhi Limited is a nidhi company based in Thrissur, Kerala, India. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 30 December 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U65920KL2015PLC039807.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹81.06 Lakh. It is led by directors including Rajeshkumar (Managing Director) and Vijayaraghavan Kaithavalappil Madhavan.
Its last annual general meeting (AGM) was held on 16 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Door No:II/146 F Krishnanjaly Complex Bazar Road Pudukad, Thrissur, Kerala, India – 680301.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.06 Cr, a decline of 10% compared to the previous year. For the same year it recorded a net profit of ₹11,205 (net margin 0.1%) and EBITDA of ₹70.57 Lakh (EBITDA margin 66.5%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 14% over five years.
Court records list 8 cases involving the company, including 7 filed by the company and 1 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Wincoast Nidhi Limited's registered office is in Thrissur, Kerala. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressDoor No:II/146 F Krishnanjaly Complex Bazar Road Pudukad, Thrissur, Kerala, India – 680301
- IndustryFinancial Services, Microfinance Institutions
To see the full contact details of Wincoast 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 Wincoast 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 Wincoast Nidhi Limited, buy the company report.
Financials of Wincoast Nidhi Limited
FY 2025 filings availableWincoast Nidhi Limited reported revenue of ₹1.06 Cr (down 10% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 10% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 14%. EBITDA fell 20% 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 |
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| EBITDA | ₹70.57 Lakh | ||||
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| Net Profit (PAT) | ₹11,205 | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 66.5% | ||||
| Net Profit Margin | 0.1% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Wincoast Nidhi Limited, buy the company report.
Board of directors of Wincoast Nidhi Limited
Wincoast 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 |
|---|---|---|---|---|
| Vijayaraghavan Kaithavalappil Madhavan | Director | 30 Dec 2015 | 10 Years 10 Months | Current |
| Rajeshkumar | Managing Director | 30 Dec 2015 | 10 Years 10 Months | Current |
| Palissery Babu Lonappan | Director | 24 Nov 2020 | 5 Years 11 Months | Current |
Peer comparison
Wincoast 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 |
|---|---|---|---|---|---|---|
| Innovative Social Impact Foundation | ₹1.08 Cr (FY 2025) | 31.0% | Chennai, Tamil Nadu, India | |||
| Fingold Micro Foundation | ₹1.07 Cr (FY 2025) | 41.0% | Shahadra, Delhi, India | |||
| Real Smart Micro Finance Association | ₹1.07 Cr (FY 2025) | 48.0% | Varanasi, Uttar Pradesh, India | |||
| Wincoast Nidhi Limitedthis company | ₹1.06 Cr (FY 2025) | ₹11,205 | 0.1% | -10.0% | Thrissur, Kerala, India | |
| Girnar Chit Funds Private Limited | ₹1.06 Cr (FY 2025) | 0.0% | Hyderabad, Telangana, India | |||
| Maragadhambal Nidhi Limited | ₹1.06 Cr (FY 2025) | 7.0% | Chennai, Tamil Nadu, India | |||
| Sri Goyam Chits Private Limited | ₹1.04 Cr (FY 2024) | 84.0% | Hyderabad, Telangana, India | |||
| Kuro Microfinance Private Limited | ₹1.04 Cr (FY 2025) | 565.0% | Varanasi, Uttar Pradesh, India |
To see the full peer comparison of Wincoast Nidhi Limited, buy the company report.
Auditor
Wincoast Nidhi Limited is audited by HIRAN AND COMPANY for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| HIRAN AND COMPANY | FY 2017 | 013264S |
Shareholding
The shareholding of Wincoast Nidhi Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Wincoast Nidhi Limited, buy the company report.
Legal cases
Wincoast Nidhi Limited has 8 court cases on record: 7 filed by Wincoast Nidhi, 1 filed against it. 1 case is pending and 7 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 1 | 1 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thrissur, Kerala | Civil suit | Filed by the company against individuals | Pending |
| District court, Thrissur, Kerala | Civil suit | Filed by the company against individuals | Disposed |
| District court, Thrissur, Kerala | Civil suit | Filed against the company by individuals | Disposed |
| District court, Thrissur, Kerala | Civil suit | Filed by the company against individuals | Disposed |
| District court, Thrissur, Kerala | Civil suit | Filed by the company against individuals | Disposed |
To see the full case history of Wincoast 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 Wincoast 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 Wincoast Nidhi Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Wincoast Nidhi Limited has 13 board changes on record since 2015: 3 appointments and 10 cessations. The latest: Manjali Rappai ceased to be Director on 23 Oct 2024.
4 earlier events are in the company report.
Frequently asked questions
Wincoast Nidhi is an active nidhi company based in Thrissur, Kerala, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 30 December 2015 (11+ years old) and is registered under CIN U65920KL2015PLC039807.
Wincoast Nidhi has 3 current directors:
- Rajeshkumar - Managing Director
- Vijayaraghavan Kaithavalappil Madhavan - Director
- Palissery Babu Lonappan - Director
The latest financial statements of Wincoast Nidhi on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 16 August 2025. Year-wise statements from FY 2016 are in the company report.
The CIN (Corporate Identification Number) of Wincoast Nidhi is U65920KL2015PLC039807. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Wincoast Nidhi has 8 court cases on record: 7 filed by the company and 1 filed against it. 1 is pending.
Wincoast Nidhi was incorporated on 30 December 2015, making it 11+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Wincoast Nidhi by revenue are Innovative Social Impact Foundation, Fingold Micro Foundation, Real Smart Micro Finance Association, Girnar Chit Funds Private Limited, Maragadhambal Nidhi Limited and 2 more, all in the BFSI industry (Micro Finance), with the same principal business activity (other financial activities).
Manjali Rappai ceased to be Director on 23 Oct 2024. Maniyarakkan Vareed Johnson ceased to be Director on 10 Jul 2024. Seleen Lonappan ceased to be Director on 21 Oct 2021. Wincoast Nidhi has 13 board changes on record in total.
The registered office of Wincoast Nidhi is at Door No:II146 F Krishnanjaly Complex Bazar Road Pudukad, Thrissur, Kerala, India – 680301.
Wincoast Nidhi operates in the financial services industry, in the microfinance institutions segment.
The compliance status of Wincoast Nidhi is compliant as of 04 July 2026. The company is actively filing with the Registrar of Companies.
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