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Credo Health Services Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹1.36 Cr
▲ 184% YoY
Net loss · FY 2024
₹6.84 Cr
Latest filing
EBITDA · FY 2024
-₹6.6 Cr
EBITDA margin -484.8%
Authorised capital
₹20 Cr
Registered with MCA
Paid-up capital
₹9.17 Cr
Issued & subscribed
Company age
6 yrs
Est. 2020
Employees · EPFO
15
Provident fund records
Directors on board
4
As per MCA filings
About Credo Health Services Private Limited
Data last updated:
Credo Health Services Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 26 October 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2020PTC140257. Its GSTIN is 29AAJCC0721C1Z3 (Karnataka). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹20 Cr and a paid-up capital of ₹9.17 Cr. It is led by directors including Joseph Ananth Leo and Sundararaj Chandrakumar.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at No. 92/1A Konappana Agrahara Electronic City Post, Bangalore, Karnataka, India – 560100.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.36 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹6.84 Cr and EBITDA of -₹6.6 Cr (EBITDA margin -484.8%).
The company has about 15 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Credo Health.
Credo Health Services Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0049445). For more details, the company can be reached via its website credo.health.
Company details
CIN U72900KA2020PTC140257
Registration Number 140257
Incorporation Date 26 October 2020
ROC Bangalore
Listing Status Unlisted
Company Status Active
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0049445
Key People
Joseph Ananth Leo Director Sundararaj Chandrakumar Director Lidila Uthirinathan Lincy Mary Director Recognitions & Rankings of Credo Health Services
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2020-21)
- Udyam number
- UDYAM-KR-03-0049445
Contact details
Credo Health Services Private Limited's registered office is in Bangalore, Karnataka. Its website is credo.health. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered AddressNo. 92/1A Konappana Agrahara Electronic City Post, Bangalore, Karnataka, India – 560100
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Credo Health Services Private Limited, buy the company report.
Comprehensive company report
Credo Health Services 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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Brands
Credo Health Services operates one associated brand: Credo Health. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Chronic health conditions are managed via personalized digital tools. | credo.health |
Business activity
The main business activities of Credo Health Services are trade and hospital and medical care. In detail, this covers retail trading and other hospital and medical care activities. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | |
| Q | Hospital and Medical Care | Q6 | Other Hospital and Medical Care Activities |
To see the full business activity and turnover split of Credo Health Services Private Limited, buy the company report.
Financials of Credo Health Services Private Limited
FY 2024 filings availableCredo Health Services Private Limited reported revenue of ₹1.36 Cr (up 184% YoY) for FY 2024.
Revenue · FY 2024
₹1.36 Cr ▲ 184%
Net loss · FY 2024
₹6.84 Cr
EBITDA · FY 2024
-₹6.6 Cr margin -484.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 184%
EBITDA CAGR growth
1 year
▼ 167%
3 years · compounded
▼ 156%
Revenue rose 184% in the latest year. EBITDA fell 167% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| 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 | -₹6.6 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹6.84 Cr | |||
| 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -484.8% | |||
| Net Profit Margin | ||||
| 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 Credo Health Services Private Limited, buy the company report.
Board of directors of Credo Health Services Private Limited
Credo Health Services has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Joseph Ananth Leo | Director | 26 Oct 2020 | 6 Years 0 Months | Current |
| Sundararaj Chandrakumar Also directs: KMC Speciality Hospitals (India) Limited, Kauvery Health Enterprises Private Limited, Curtis Drug Point Private Limited and 4 more | Director | 22 Mar 2022 | 4 Years 7 Months | Current |
| Lidila Uthirinathan Lincy Mary Also directs: Equadriga Software Private Limited, Eqhealth Systems Private Limited, Thanzih Technologies Private Limited and 1 more | Director | 26 Oct 2020 | 6 Years 0 Months | Current |
| Dhanalakshmi Chandrakumar | Director | 01 Dec 2020 | 5 Years 11 Months | Current |
Peer comparison
Credo Health Services Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Aditya Organochem Private Limited | ₹1.36 Cr (FY 2025) | 5.0% | Ahmedabad, Gujarat, India | |||
| Sadhguru Surgicals Private Limited | ₹1.36 Cr (FY 2025) | 27.0% | Puducherry, India | |||
| Amigo Sales Private Limited | ₹1.36 Cr (FY 2024) | 219.0% | New Delhi, Delhi, India | |||
| Malik Jewellers Pvt Ltd | ₹1.36 Cr (FY 2025) | -98.0% | New Delhi, Delhi, India | |||
| Baron Agencies Private Limited | ₹1.36 Cr (FY 2025) | 41.0% | Kolkata, West Bengal, India | |||
| Credo Health Services Private Limitedthis company | ₹1.36 Cr (FY 2024) | -₹6.84 Cr | 184.0% | 15 | Bangalore, Karnataka, India | |
| Aaura VSS Lifescience Private Limited | ₹1.36 Cr (FY 2019) | 1017.0% | Ahmedabad, Gujarat, India | |||
| Hilt Brands India Private Limited | ₹1.36 Cr (FY 2024) | 108.0% | Bengaluru, Karnataka, India | |||
| Hamiast Global Private Limited | ₹1.36 Cr (FY 2023) | -1.0% | Jammu, Jammu and Kashmir, India | |||
| Patsol Clothing Private Limited | ₹1.36 Cr (FY 2023) | 150.0% | Surat, Gujarat, India | |||
| Vinmac Pharmaceuticals Private Limited | ₹1.36 Cr (FY 2025) | -3.0% | Delhi, India |
To see the full peer comparison of Credo Health Services Private Limited, buy the company report.
Auditor
Credo Health Services Private Limited is audited by J D S R & Associates for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| J D S R & Associates | FY 2022 | 022474S |
Shareholding
The shareholding of Credo Health Services Private Limited is on record for 2 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Credo Health Services Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Credo Health Services Private 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 Credo Health Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Credo Health Services Private Limited has a workforce of 15 employees on its EPFO records as of Mar 2026, across 1 active EPFO establishment.
Employee count
15
Active EPFO establishments
1
Employee growth
-54.5%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2025-26 | 15 |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 |
To see the full employee and EPFO history of Credo Health Services Private Limited, buy the company report.
GST
Credo Health Services has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAJCC0721C1Z3 | Karnataka | Active | 17 Dec 2020 |
| 33AAJCC0721C1ZE | Tamil Nadu | Active | 20 Jan 2021 |
To see the full GST registrations and return filing status of Credo Health Services Private Limited, buy the company report.
Recent activity
Credo Health Services Private Limited has 7 board changes on record since 2020: 4 appointments and 3 cessations. The latest: Sundararaj Chandrakumar ceased to be Additional Director on 30 Sep 2022.
AGM
Credo Health Services Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Credo Health Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Ceased
Sundararaj Chandrakumar ceased to be Additional Director.
Appointed
Sundararaj Chandrakumar was appointed as Director.
Ceased
Dhanalakshmi Chandrakumar ceased to be Additional Director.
Ceased
Shiva Nagarajan Kumar ceased to be Additional Director.
Appointed
Dhanalakshmi Chandrakumar was appointed as Director.
Appointed
Joseph Ananth Leo was appointed as Director.
Appointed
Lidila Uthirinathan Lincy Mary was appointed as Director.
Incorporation
26 Oct 2020
Credo Health Services Private Limited was registered on 26 Oct 2020 with Roc Bangalore & aged 6 years 20 days as per MCA records.
Frequently asked questions
Credo Health Services is an active private limited company based in Bangalore, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 26 October 2020 (6+ years old) and is registered under CIN U72900KA2020PTC140257.
Credo Health Services has 4 current directors:
- Joseph Ananth Leo - Director
- Sundararaj Chandrakumar - Director
- Lidila Uthirinathan Lincy Mary - Director
- Dhanalakshmi Chandrakumar - Director
The latest financial statements of Credo Health Services on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2021 are in the company report.
The GSTIN of Credo Health Services is 29AAJCC0721C1Z3, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 33AAJCC0721C1ZE (Tamil Nadu).
The CIN (Corporate Identification Number) of Credo Health Services is U72900KA2020PTC140257. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Credo Health Services was incorporated on 26 October 2020, making it 6+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Credo Health Services by revenue are Aditya Organochem Private Limited, Sadhguru Surgicals Private Limited, Amigo Sales Private Limited, Malik Jewellers Pvt Ltd, Baron Agencies Private Limited and 5 more, all in the same principal business activity (retail trading).
Sundararaj Chandrakumar ceased to be Additional Director on 30 Sep 2022. Sundararaj Chandrakumar was appointed as Director on 22 Mar 2022. Dhanalakshmi Chandrakumar ceased to be Additional Director on 30 Nov 2021. Credo Health Services has 7 board changes on record in total.
Yes, Credo Health Services is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Credo Health Services is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0049445).
Credo Health Services can be reached through the website credo.health. Its registered office is in Bangalore, Karnataka, India.
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