MSME (Udyam registered) Ministry of MSME
- Category
- Small (2022-23)
- Udyam number
- UDYAM-TS-02-0004063
Credence Formulations Private Limited
Credence Formulations Private Limited - pharma in Hyderabad, Telangana, India. FY 2026 financials & compliance.
Revenue · FY 2020
₹12.38 Cr
▼ 39% YoY
Net profit · FY 2020
₹18.41 Lakh
Net margin 1.5%
EBITDA · FY 2020
₹42.79 Lakh
EBITDA margin 3.5%
Authorised capital
₹10 Cr
Registered with MCA
Paid-up capital
₹5 Cr
Issued & subscribed
Company age
13 yrs
Est. 2013
Employees · EPFO
2
Provident fund records
Directors on board
5
As per MCA filings
About Credence Formulations Private Limited
Data last updated:
Credence Formulations Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 17 July 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U24100TG2013PTC089018. Its GSTIN is 36AAFCC3580P1Z6 (Telangana).
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹5 Cr. It is led by directors including Gaddam Nehru and Sai Sevella Bhavani.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at H.No.1 – 2 – 597/20/1 202 Surya Lake View Apartments Baraf Bagh Colony Domalguda, Hyderabad, Telangana, India – 500029.
As per the financials filed for FY 2020, the company reported a revenue of ₹12.38 Cr, a decline of 39% compared to the previous year. For the same year it recorded a net profit of ₹18.41 Lakh (net margin 1.5%) and EBITDA of ₹42.79 Lakh (EBITDA margin 3.5%). Revenue has grown at a compounded annual rate (CAGR) of 25% over three years and 45% over five years.
The company has about 2 employees on its provident fund (EPFO) records.
Court records list 3 cases involving the company, including 1 filed by the company and 2 filed against it; 1 case is pending.
Credence Formulations Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TS-02-0004063). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U24100TG2013PTC089018
Registration Number 089018
Incorporation Date 17 July 2013
ROC Hyderabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-TS-02-0004063
CIN history
Credence Formulations has one previous CIN (Corporate Identification Number): U24100AP2013PTC089018. The current CIN is U24100TG2013PTC089018, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24100TG2013PTC089018 | Current |
| U24100AP2013PTC089018 | Previous |
Key People
Shravan Kumar Yeluvaka Additional Director Gaddam Nehru Director Sravankumar Reddy Gone Additional Director Recognitions & Rankings of Credence Formulations
Contact details
Credence Formulations Private Limited's registered office is in Hyderabad, Telangana. Its e-mail address is in the company report.
- Email
- Registered AddressH.No.1 – 2 – 597/20/1 202 Surya Lake View Apartments Baraf Bagh Colony Domalguda, Hyderabad, Telangana, India – 500029
- IndustryPharma, Drug Formulation & Development
To see the full contact details of Credence Formulations Private Limited, buy the company report.
Comprehensive company report
Credence Formulations 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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Financials of Credence Formulations Private Limited
FY 2025 filings availableCredence Formulations Private Limited reported revenue of ₹12.38 Cr (down 39% YoY) for FY 2020.
Revenue · FY 2020
₹12.38 Cr ▼ 39%
Net profit · FY 2020
₹18.41 Lakh margin 1.5%
EBITDA · FY 2020
₹42.79 Lakh margin 3.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 39%
3 years · compounded
▲ 25%
5 years · compounded
▲ 45%
EBITDA CAGR growth
1 year
▼ 25%
3 years · compounded
▲ 39%
5 years · compounded
▲ 42%
Revenue fell 39% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 45%. EBITDA fell 25% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹12.38 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹42.79 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹18.41 Lakh | ||||
| 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.5% | ||||
| Net Profit Margin | 1.5% | ||||
| 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 Credence Formulations Private Limited, buy the company report.
Board of directors of Credence Formulations Private Limited
Credence Formulations has 5 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shravan Kumar Yeluvaka Also directs: CKR Chemco Private Limited, Ih Insight Hydraulics Private Limited, Beta Led Lighting Private Limited and 3 more | Additional Director | 22 Mar 2021 | 5 Years 7 Months | Current |
| Gaddam Nehru Also directs: Regina Medicorp Private Limited | Director | 17 Oct 2016 | 10 Years 0 Months | Current |
| Sravankumar Reddy Gone Also directs: CKR Chemco Private Limited, Stylide Labs Private Limited | Additional Director | 22 Mar 2021 | 5 Years 7 Months | Current |
| Sai Sevella Bhavani Also directs: Regina Medicorp Private Limited | Director | 28 Oct 2017 | 8 Years 11 Months | Current |
| Prashanthi Reddy Maramreddy Also directs: Salvar Constructions Private Limited, Nivnith Hospitality Private Limited, Rovfabs Hospitality Private Limited and 1 more | Additional Director | 22 Mar 2021 | 5 Years 7 Months | Current |
Auditor
Credence Formulations Private Limited is audited by N C SASTRY & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N C SASTRY & CO | FY 2020 | 005924S |
Shareholding
The shareholding of Credence Formulations Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Credence Formulations Private Limited, buy the company report.
Legal cases
Credence Formulations Private Limited has 3 court cases on record: 1 filed by Credence Formulations, 2 filed against it. 1 case is pending and 2 are disposed.
Total cases
3
Filed by the company
1
Filed against the company
2
Pending
1
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 1 |
| High courts | 1 | 0 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Rangareddy, Telangana | Court case (PRC) | Filed against the company by an individual | Pending |
| High Court, TELANGANA | Writ petition | Filed by the company against Assistant Commissioner of Central Tax (GST) and 3 others | Disposed |
| District court, Rangareddy, Telangana | Court case (PRC) | Filed against the company | Disposed |
To see the full case history of Credence Formulations Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Credence Formulations Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Credence Formulations Private Limited has a workforce of 2 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
Employee count
2
Active EPFO establishments
1
GST
Credence Formulations has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAFCC3580P1Z6 | Telangana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Credence Formulations Private Limited, buy the company report.
Recent activity
Credence Formulations Private Limited has 11 board changes on record since 2014: 5 appointments and 6 cessations. The latest: Prashanthi Reddy Maramreddy was appointed as Additional Director on 22 Mar 2021.
AGM
Credence Formulations Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Credence Formulations Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Hyderabad.
Appointed
Prashanthi Reddy Maramreddy was appointed as Additional Director.
Appointed
Shravan Kumar Yeluvaka was appointed as Additional Director.
Appointed
Sravankumar Reddy Gone was appointed as Additional Director.
Ceased
Sai Sevella Bhavani ceased to be Additional Director.
Ceased
Gnanendra Thirupathi ceased to be Director.
Appointed
Sai Sevella Bhavani was appointed as Director.
Ceased
Gaddam Nehru ceased to be Additional Director.
Ceased
Javed Iqbal ceased to be Director.
Ceased
Vedire Vikram Reddy ceased to be Director.
Appointed
Gaddam Nehru was appointed as Director.
2 earlier events are in the company report.
Frequently asked questions
Credence Formulations is an active private limited company based in Hyderabad, Telangana, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 17 July 2013 (13+ years old) and is registered under CIN U24100TG2013PTC089018.
Credence Formulations has 5 current directors:
- Shravan Kumar Yeluvaka - Additional Director
- Gaddam Nehru - Director
- Sravankumar Reddy Gone - Additional Director
- Sai Sevella Bhavani - Director
- Prashanthi Reddy Maramreddy - Additional Director
The latest financial statements of Credence Formulations on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Credence Formulations is 36AAFCC3580P1Z6, registered in Telangana.
The CIN (Corporate Identification Number) of Credence Formulations is U24100TG2013PTC089018. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Credence Formulations has 3 court cases on record: 1 filed by the company and 2 filed against it. 1 is pending. Most are in the district courts.
Credence Formulations was incorporated on 17 July 2013, making it 13+ years old. It is registered with the Registrar of Companies, Hyderabad.
Prashanthi Reddy Maramreddy was appointed as Additional Director on 22 Mar 2021. Shravan Kumar Yeluvaka was appointed as Additional Director on 22 Mar 2021. Sravankumar Reddy Gone was appointed as Additional Director on 22 Mar 2021. Credence Formulations has 11 board changes on record in total.
Yes, Credence Formulations is registered as a small enterprise under Udyam registration (number: UDYAM-TS-02-0004063).
The registered office of Credence Formulations is at H.No.1 – 2 – 597201 202 Surya Lake View Apartments Baraf Bagh Colony Domalguda, Hyderabad, Telangana, India – 500029.