MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0165148
Cretal Solutions Private Limited - business outsourcing in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹4 Lakh
▲ 500% YoY
Net loss · FY 2023
₹74,298
Net margin -18.6%
EBITDA · FY 2023
-₹70,175
EBITDA margin -17.6%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
9 yrs
Est. 2017
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Cretal Solutions Private Limited
Data last updated:
Cretal Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 04 September 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2017PTC106109. Its GSTIN is 29AAHCC1792M1Z3 (Karnataka).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Ramadevi Maharana and Soumaya Ranjan Maharana.
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 #940 2nd Floor Ngr Arcade 16th Main Btm Layout 2nd Stage, Bangalore, Karnataka, India – 560076.
As per the financials filed for FY 2023, the company reported a revenue of ₹4 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹74,298 (net margin -18.6%) and EBITDA of -₹70,175 (EBITDA margin -17.6%). Revenue has grown at a compounded annual rate (CAGR) of 34% over three years and 26% over five years.
Cretal Solutions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0165148). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website cretal.in.
Company Details of Cretal Solutions Private Limited
CIN U74999KA2017PTC106109
Registration Number 106109
Incorporation Date 04 September 2017
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0165148
Recognitions & Rankings of Cretal Solutions
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address#940 2nd Floor Ngr Arcade 16th Main Btm Layout 2nd Stage, Bangalore, Karnataka, India – 560076
- IndustryBusiness Outsourcing, HR Outsourcing & Talent Management
Comprehensive company report
Cretal Solutions 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
- One PDF report, delivered after checkout
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business Activity of Cretal Solutions Private Limited
The main business activity of Cretal Solutions is support service to organizations. In detail, this covers rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Support service to Organizations | N1 | Rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities | Locked |
Premium access
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Cretal Solutions Private Limited FY 2024 filings available
Cretal Solutions Private Limited reported revenue of ₹4 Lakh (up 500% YoY) for FY 2023.
Revenue · FY 2023
₹4 Lakh ▲ 500%
Net loss · FY 2023
₹74,298 margin -18.6%
EBITDA · FY 2023
-₹70,175 margin -17.6%
Compounded Annual Growth Rate (CAGR) of Cretal Solutions Private Limited
Revenue CAGR growth
1 year
▲ 500%
3 years · compounded
▼ 34%
5 years · compounded
▲ 26%
EBITDA CAGR growth
3 years · compounded
▲ 49%
5 years · compounded
▲ 24%
Revenue has grown at a compounded annual rate (CAGR) of 26% over five years, including 500% growth 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 of Cretal Solutions Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| 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 | -₹70,175 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹74,298 | •••• | •••• | •••• | •••• |
| 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 of Cretal Solutions Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -17.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -18.6% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Cretal Solutions are in the company report.
Premium access
Financial statements from FY 2018
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Cretal Solutions Private Limited
Cretal Solutions has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramadevi Maharana | Director | 01 Mar 2024 | 2 Years 7 Months | Current |
| Soumaya Ranjan Maharana Also directs: Volantis Infratech Private Limited, Infrasquare Realty Private Limited, Suryaanvi Builders Private Limited and 2 more | Director | 16 Mar 2022 | 4 Years 7 Months | Current |
Peer Comparison of Cretal Solutions Private Limited
Cretal Solutions Private Limited is compared with the companies closest to it by revenue in the Outsourcing industry (HR Outsourcing). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ladder Careers Private Limited | ₹4.04 Lakh (FY 2021) | •••• | •••• | -87.0% | •••• | Hyderabad, Telangana, India |
| Tno Private Limited | ₹4.03 Lakh (FY 2025) | •••• | •••• | -48.0% | •••• | Devanahalli, Karnataka, India |
| Whiins HR Solutions Private Limited | ₹4.01 Lakh (FY 2025) | •••• | •••• | 3083.0% | •••• | Gurgaon, Haryana, India |
| Bwork Service Private Limited | ₹4 Lakh (FY 2023) | •••• | •••• | •••• | Darbhanga, Bihar, India | |
| Shree Vishnu Manpower & Security Solutions Private Limited | ₹4 Lakh (FY 2025) | •••• | •••• | •••• | Gaya, Bihar, India | |
| Cretal Solutions Private Limited this company | ₹4 Lakh (FY 2023) | •••• | •••• | 500.0% | •••• | Bangalore, Karnataka, India |
| Thiagarajar Leasing Private Limited | ₹3.99 Lakh (FY 2017) | •••• | •••• | -54.0% | •••• | Kappalur-9 Madurai Dt, Tamil Nadu, India |
| Rap Management Private Limited | ₹3.95 Lakh (FY 2025) | •••• | •••• | 5.0% | •••• | New Delhi, Delhi, India |
| Tandt Global Recruitment India Private Limited | ₹3.94 Lakh (FY 2024) | •••• | •••• | -86.0% | •••• | Ernakulam, Kerala, India |
| Gurukrupa Management Facility Services Private Limited | ₹3.93 Lakh (FY 2022) | •••• | •••• | -94.0% | •••• | Pune, Maharashtra, India |
| Portray People Private Limited | ₹3.93 Lakh (FY 2024) | •••• | •••• | •••• | Gurgaon, Haryana, India |
Peers are the five companies nearest above and the five nearest below Cretal Solutions by revenue in the Outsourcing industry (HR Outsourcing), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Cretal Solutions Private Limited
Cretal Solutions Private Limited is audited by MANOHAR B V & CO for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| MANOHAR B V & CO | Locked | Locked | Locked |
Premium access
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Cretal Solutions Private Limited
Premium access
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Cretal Solutions Private Limited
Cretal Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Cretal Solutions Private Limited
Employment history and EPFO contributions of people linked to Cretal Solutions.
Premium access
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Cretal Solutions Private Limited
Cretal Solutions Private Limited has 7 board changes on record since 2018: 2 appointments and 5 cessations. The latest: Ramadevi Maharana ceased to be Additional Director on 29 Sep 2024.
AGM
Cretal Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Ceased
Ramadevi Maharana ceased to be Additional Director.
Filing
Cretal Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Appointed
Ramadevi Maharana was appointed as Director.
Ceased
Soumaya Ranjan Maharana ceased to be Additional Director.
Ceased
Sunitha Maharana ceased to be Director.
Ceased
Santosh Kumar Parichha ceased to be Director.
Appointed
Soumaya Ranjan Maharana was appointed as Director.
Ceased
Sourya Ranjan Maharana ceased to be Managing Director.
Incorporation
04 Sep 2017
Cretal Solutions Private Limited was registered on 04 Sep 2017 with Roc Bangalore & aged 9 years 1 month as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Cretal Solutions Private Limited
Premium access
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Cretal Solutions Private Limited
Premium access
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Cretal Solutions Private Limited
Premium access
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Cretal Solutions Private Limited
Cretal Solutions has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAHCC1792M1Z3 | Karnataka | Active | 19 Feb 2018 |
Premium access
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Cretal Solutions Private Limited
Premium access
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Cretal Solutions Private Limited
Cretal Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 04 September 2017 (9+ years old) and is registered under CIN U74999KA2017PTC106109.
Cretal Solutions reported revenue of ₹4 Lakh for FY 2023 (up 500% YoY).
Cretal Solutions has 2 current directors:
- Ramadevi Maharana - Director
- Soumaya Ranjan Maharana - Director
Cretal Solutions reported a net loss of ₹74,298 (net margin -18.6%) and EBITDA of -₹70,175 (EBITDA margin -17.6%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Cretal Solutions is -34% over three years and 26% over five years. In the latest year (FY 2023) revenue rose 500%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Cretal Solutions is 29AAHCC1792M1Z3, registered in Karnataka.
The CIN (Corporate Identification Number) of Cretal Solutions is U74999KA2017PTC106109. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Cretal Solutions was incorporated on 04 September 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Cretal Solutions by revenue are Ladder Careers Private Limited, Tno Private Limited, Whiins HR Solutions Private Limited, Bwork Service Private Limited, Shree Vishnu Manpower & Security Solutions Private Limited and 5 more, all in the Outsourcing industry (HR Outsourcing).
Ramadevi Maharana ceased to be Additional Director on 29 Sep 2024. Ramadevi Maharana was appointed as Director on 01 Mar 2024. Soumaya Ranjan Maharana ceased to be Additional Director on 30 Sep 2022. Cretal Solutions has 7 board changes on record in total.
Yes, Cretal Solutions is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0165148).