Credencia Resources Private Limited

Credencia Resources Private Limited - business outsourcing in Vadodara, Gujarat, India. FY 2026 financials & compliance.
CIN U72900GJ2021PTC121980 Incorporated 13 April 2021 ROC Ahmedabad HQ Vadodara, Gujarat, India
Active Private Limited Company business outsourcing MSME · Micro
Data last updated
Revenue · FY 2023
₹68.91 Lakh
▲ 49% YoY
Net profit · FY 2023
₹72,178
Net margin 1%
EBITDA · FY 2023
₹81,117
EBITDA margin 1.2%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
5 yrs
Est. 2021
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered

About Credencia Resources Private Limited

Data last updated:

Credencia Resources Private Limited is a private limited company based in Vadodara, Gujarat, India. It operates in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 13 April 2021 and has been in existence for over 5 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72900GJ2021PTC121980. Its GSTIN is 24AAJCC4274G1ZP (Gujarat).

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Chirag Vaghela and Divyesh Amjibhai Jambusariya.

Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Tf – 20 Excel Us Opp Aroma Avenue Nr Bright School, Vadodara, Gujarat, India – 390007.

As per the financials filed for FY 2023, the company reported a revenue of ₹68.91 Lakh, a growth of 49% compared to the previous year. For the same year it recorded a net profit of ₹72,178 (net margin 1%) and EBITDA of ₹81,117 (EBITDA margin 1.2%).

Credencia Resources Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-24-0037111).

Company details

CIN U72900GJ2021PTC121980
Registration Number 121980
Incorporation Date 13 April 2021
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
MSME Classification Micro
Udyam Registration UDYAM-GJ-24-0037111

Recognitions & Rankings of Credencia Resources

MSME (Udyam registered) Ministry of MSME
Category
Micro (2022-23)
Udyam number
UDYAM-GJ-24-0037111

Contact details

Credencia Resources Private Limited's registered office is in Vadodara, Gujarat. Its e-mail address is in the company report.

  • Email
  • Registered Address
    Tf – 20 Excel Us Opp Aroma Avenue Nr Bright School, Vadodara, Gujarat, India – 390007
  • Industry
    Business Outsourcing, HR Outsourcing & Talent Management

To see the full contact details of Credencia Resources Private Limited, buy the company report.

Comprehensive company report
Credencia Resources Private Limited - one report that includes everything
  • 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
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Business activity

The main business activity of Credencia Resources is education. In detail, this covers higher education, technical & vocational education.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
PEducationP2Higher education, technical & vocational education

To see the full business activity and turnover split of Credencia Resources Private Limited, buy the company report.

Financials of Credencia Resources Private Limited

FY 2023 filings available

Credencia Resources Private Limited reported revenue of ₹68.91 Lakh (up 49% YoY) for FY 2023.

Revenue · FY 2023
₹68.91 Lakh ▲ 49%
Net profit · FY 2023
₹72,178 margin 1%
EBITDA · FY 2023
₹81,117 margin 1.2%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 49%
EBITDA CAGR growth
1 year
▲ 208%

Revenue rose 49% in the latest year. EBITDA rose 208% in the latest year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2022-23FY 2021-22
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₹81,117
Profit Before Tax
Tax Expense
Net Profit (PAT)₹72,178
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

MetricsFY 2022-23FY 2021-22
Profitability
EBITDA Margin1.2%
Net Profit Margin1%
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 Credencia Resources Private Limited, buy the company report.

Board of directors of Credencia Resources Private Limited

Credencia Resources has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Chirag VaghelaDirector13 Apr 20215 Years 6 MonthsCurrent
Divyesh Amjibhai JambusariyaDirector13 Apr 20215 Years 6 MonthsCurrent

MSME payment delays

No delayed payments to MSME suppliers are on our record for Credencia Resources Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Credencia Resources Private Limited has 1 active EPFO establishment as of Apr 08, 2024.

Active EPFO establishments
1

GST

Credencia Resources has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AAJCC4274G1ZPGujaratActive02 Oct 2021

To see the full GST registrations and return filing status of Credencia Resources Private Limited, buy the company report.

Recent activity

Credencia Resources Private Limited has 2 board changes on record since 2021: 2 appointments. The latest: Chirag Vaghela was appointed as Director on 13 Apr 2021.

AGM
Credencia Resources Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Credencia Resources Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.
Appointed
Chirag Vaghela was appointed as Director.
Appointed
Divyesh Amjibhai Jambusariya was appointed as Director.
Incorporation
13 Apr 2021
Credencia Resources Private Limited was registered on 13 Apr 2021 with Roc Ahmedabad & aged 5 years 6 months as per MCA records.

Frequently asked questions

Credencia Resources is an active private limited company based in Vadodara, Gujarat, India. The company works in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 13 April 2021 (5+ years old) and is registered under CIN U72900GJ2021PTC121980.

Credencia Resources has 2 current directors:

The latest financial statements of Credencia Resources on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2022 are in the company report.

The GSTIN of Credencia Resources is 24AAJCC4274G1ZP, registered in Gujarat.

The CIN (Corporate Identification Number) of Credencia Resources is U72900GJ2021PTC121980. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Credencia Resources was incorporated on 13 April 2021, making it 5+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Chirag Vaghela was appointed as Director on 13 Apr 2021. Divyesh Amjibhai Jambusariya was appointed as Director on 13 Apr 2021.

Yes, Credencia Resources is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-24-0037111).

The registered office of Credencia Resources is at Tf – 20 Excel Us Opp Aroma Avenue Nr Bright School, Vadodara, Gujarat, India – 390007.

Credencia Resources operates in the business outsourcing industry, in the HR outsourcing and talent management segment.