Credence Formulations Private Limited Company Logo

Credence Formulations Private Limited - Company Profile

It is a pharma private limited company based in Hyderabad, Telangana, India, established in 2013.

2013 | Hyderabad, Telangana, India | Active
Last Updated:

About Credence Formulations Private Limited

Credence Formulations Private Limited, a active private limited company, was established on 17 July 2013 in Hyderabad, Telangana, India. Engaging in drug formulation & development within the manufacturing sector, it holds CIN: U24100TG2013PTC089018. Registered under ROC Roc Hyderabad. it is unlisted. It has an authorized capital of ₹10.00 Cr and a paid-up capital of ₹5.00 Cr.

It upholds a compliant status. Employing 2 professional, Its leadership includes Shravan Kumar Yeluvaka (Additional Director), Gaddam Nehru (Director), Sravankumar Reddy Gone (Additional Director). Past directors included Krishna Kanth Thudi, Gaddam Nehru, Gnanendra Thirupathi. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at H.No.1-2-597/20/1, 202, Surya Lake View Apartments Baraf Bagh Colony, Domalguda, Hyderabad, Telangana, 500029.

Company Details

  • CIN/LLPIN

    U24100TG2013PTC089018

  • Registration Number

    089018

  • Incorporation Date

    17 July 2013

  • Authorized Capital

    ₹10.00 Cr

  • Paid-Up Capital

    ₹5.00 Cr

  • ROC Code

    Roc Hyderabad

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 5.00 Cr
  • Company Age 12 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -39.44%
  • Profit Growth -21.13%
  • Ebitda -24.61%
  • Net Worth 136.84%
  • Total Assets -34.96%
Company report

Credence Formulations Private Limited

Company Report FY 2025-2026

Explore comprehensive insights into Credence Formulations Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Credence Formulations Private Limited?

Current Directors

NameDesignationAppointment DateStatus
Shravan Kumar YeluvakaAdditional Director22 Mar 2021Current
Gaddam NehruDirector17 Oct 2016Current
Sravankumar Reddy GoneAdditional Director22 Mar 2021Current
Sai Sevella BhavaniDirector28 Oct 2017Current
Prashanthi Reddy MaramreddyAdditional Director22 Mar 2021Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddAdditional Director30 Sep 2014Past
Pramod AbcsddAdditional Director29 Sep 2017Past
Pramod AbcsddDirector31 Oct 2017Past
Pramod AbcsddDirector19 Oct 2016Past
Pramod AbcsddDirector19 Oct 2016Past
Pramod AbcsddAdditional Director15 Sep 2018Past

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Financial Performance of Credence Formulations.

Credence Formulations Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 39.44% decrease. The company also saw a substantial fall in profitability, with a 21.13% decrease in profit. The company's net worth Soared by an impressive increase of 136.84%.

Credence Formulations revenue growth over time
Credence Formulations 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
-39.44%
Revenue from Operations
-39.43%
Total Assets
-34.96%
Profit or Loss
-21.13%
Net Worth
136.84%
EBITDA
-24.61%

What is the Ownership and Shareholding Structure of Credence Formulations?

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

Shareholding Indicator graph

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Charges (Loans)

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

How Many Employees Work at Credence Formulations?

Credence Formulations has a workforce of 2 employees as of Apr 09, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Credence Formulations Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Credence Formulations, 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 Credence Formulations'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 Credence Formulations

Recent Activity within the Organization

  • Annual General Meeting

    Progress on Credence Formulations Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was documented.

  • Balance Sheet

    The activity Credence Formulations Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad. was completed.

  • Director Appointment

    Shravan Kumar Yeluvaka was appointed as a Additional Director was appointed as a Additional Director on 22 Mar 2021 & has been associated with this company since 4 years 9 months . was recorded as a recent event.

  • Director Appointment

    The activity Sravankumar Reddy Gone was appointed as a Additional Director was appointed as a Additional Director on 22 Mar 2021 & has been associated with this company since 4 years 9 months . was completed.

  • Director Appointment

    The activity Prashanthi Reddy Maramreddy was appointed as a Additional Director was appointed as a Additional Director on 22 Mar 2021 & has been associated with this company since 4 years 9 months . was completed.

  • Director Appointment

    The activity Sai Sevella Bhavani was appointed as a Director was appointed as a Director on 28 Oct 2017 & has been associated with this company since 8 years 1 month . was completed.

Frequently Asked Questions

  • What is the CIN of Credence Formulations Private Limited?

    The CIN of Credence Formulations Private Limited is U24100TG2013PTC089018.

  • Where is Credence Formulations Private Limited headquartered?

    Credence Formulations Private Limited is headquartered at H.No.1-2-597/20/1, 202, Surya Lake View Apartments Baraf Bagh Colony, Domalguda, Hyderabad, Telangana, 500029.

  • When was Credence Formulations Private Limited incorporated?

    Credence Formulations Private Limited was incorporated on 17 July 2013.

  • Who are the current directors of Credence Formulations Private Limited?

    The current directors of Credence Formulations Private Limited are

  • What is the primary industry of Credence Formulations Private Limited?

    The primary industry of Credence Formulations Private Limited is Manufacturing.

  • Is Credence Formulations Private Limited a listed company?

    Credence Formulations Private Limited is unlisted.

  • What is the capital structure of Credence Formulations Private Limited?

    The authorized capital of Credence Formulations Private Limited is ₹10.00 Cr, and the paid-up capital is ₹5.00 Cr.

  • What is the compliance status of Credence Formulations Private Limited?

    The compliance status of Credence Formulations Private Limited is Compliant.

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