Mathavara Nidhi Limited

Provides financial and related services to clients.

1914 | Vellore, Tamil Nadu (India) | Active
Last Updated: December 26, 2024

Mathavara Nidhi Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.75 M
  • Company Age 110 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -37.36%
  • Profit Growth -417.03%
  • Ebitda -337.77%
  • Net Worth -12.42%
  • Total Assets -12.42%

About Mathavara Nidhi

Mathavara Nidhi Limited (MNL) was founded in India on 14 March 1914 and has a glorious history of 110 years and 11 months.Its registered office is in Vellore, Tamil Nadu, India.

The Company is engaged in the Financial Services Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 1.00 M and a paid-up capital of Rs 0.75 M, as per Ministry of Corporate Affairs (MCA) records.

Natarajan Kumaravelu, Manoharan Duraisamy, and Sunithi Velu serve as directors at the Company.

Company Details

  • Location

    Vellore, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65110TN1914PLC001736

  • Company No.

    001736

  • Company Classification

    Nidhi Limited Company

  • Incorporation Date

    14 Mar 1914

  • Date of AGM

    27 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Financial Services

Who are the key members and board of directors at Mathavara Nidhi?

Board Members (3)

Name Designation Appointment Date Status
Natarajan Kumaravelu Country flag representing In Director 01-Jan-2000 Current
Manoharan Duraisamy Country flag representing In Director 10-Apr-2002 Current
Sunithi Velu Country flag representing In Director 10-Apr-2002 Current

Financial Performance of Mathavara Nidhi.

Mathavara Nidhi Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 37.36% decrease. The company also saw a substantial fall in profitability, with a 417.03% decrease in profit. The company's net worth observed a substantial decline by a decrease of 12.42%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
-37.36%
Revenue from Operations
-37.36%
Total Assets
-12.42%
Profit or Loss
-417.03%
Net Worth
-12.42%
EBITDA
-337.77%

What is the Ownership and Shareholding Structure of Mathavara Nidhi?

In 2020, Mathavara Nidhi had a public holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Mathavara Nidhi?

Unlock and access historical data on people associated with Mathavara Nidhi, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Mathavara Nidhi, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Mathavara Nidhi's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Mathavara Nidhi

Recent activity within the organization

  • Annual General Meeting

    Mathavara Nidhi Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.

    27 Sep 2024

  • Balance Sheet

    Mathavara Nidhi Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

    31 Mar 2024

  • Director Appointment

    Manoharan Kannan Duraisamy was appointed as a Director was appointed as a Director on 10 Apr 2002 & has been associated with this company since 22 years 10 months .

    10 Apr 2002

  • Director Appointment

    Sunithi Kumara Velu was appointed as a Director was appointed as a Director on 10 Apr 2002 & has been associated with this company since 22 years 10 months .

    10 Apr 2002

  • Director Appointment

    Natarajan Kumaravelu was appointed as a Director was appointed as a Director on 01 Jan 2000 & has been associated with this company since 25 years 1 month .

    01 Jan 2000

  • Company Incorporation

    Mathavara Nidhi Limited was registered on 14 Mar 1914 with Roc Chennai & aged 110 years 11 months as per MCA records.

    14 Mar 1914

Frequently asked questions

  • Mathavara Nidhi Limited was incorporated on 14 Mar 1914.

  • The authorized share capital of Mathavara Nidhi Limited is ₹ 1.00 M and paid-up capital is ₹ 0.75 M.

  • Currently 3 directors are associated with Mathavara Nidhi Limited.

    • Natarajan Kumaravelu
    • Manoharan Kannan Duraisamy
    • Sunithi Kumara Velu
  • As per Ministry of Corporate Affairs (Mca), the registered address of Mathavara Nidhi Limited is 10 Thiyagarajapuram Street, India, Vellore, Tamil Nadu, 632001.

  • The corporate identification number (CIN) of Mathavara Nidhi Limited is U65110TN1914PLC001736 and the company number is 001736 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Mathavara Nidhi Limited has fallen by -37.36%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Mathavara Nidhi Limited has experienced an downturn of -12.42%.

  • The most recent Balance Sheet for Mathavara Nidhi Limited was filed with the ROC on 31 Mar 2024.