About Credence Interior Private Limited
Data last updated:
Credence Interior Private Limited is a private limited company based in Bhubaneswar, Odisha, India, recognised as a startup by DPIIT. It operates in the furniture manufacturing segment of the consumer electronics and durables sector. It was incorporated on 14 March 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U74210OR2011PTC013307. Its GSTIN is 21AAECC3358A1ZD (Odisha).
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹1.45 Lakh. It is led by directors including Krushna Mohan Nayak (Managing Director) and Kapilamani Nayak.
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 Bhubaneswar, Odisha.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.27 Cr, a decline of 9% compared to the previous year. For the same year it recorded a net profit of ₹10.49 Lakh (net margin 3.2%) and EBITDA of ₹28.84 Lakh (EBITDA margin 8.8%). Revenue has grown at a compounded annual rate (CAGR) of 42% over three years and 8% over five years.
The company has about 4 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Credence Interior. As per MCA filings, the company has open charges of ₹1.1 Cr on record. Court records list 4 cases involving the company, including 4 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website credenceinterior.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressPlot No – 195 – 196 B.Ed College Road Sreeram Mansion Flat No – 303 Kharvel Nag, Ar, Bhubaneswar, Odisha, India – 751001
- IndustryConsumer Electronics & Durables, Furniture Manufacturing
- 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
Business Activity of Credence Interior Private Limited
The main business activity of Credence Interior is construction. In detail, this covers demolition & site preparation, electrical, plumbing & other specialized construction activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | F3 | Demolition & site preparation, Electrical, plumbing & other Specialized construction Activities | Locked |
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 Credence Interior Private Limited FY 2025 filings available
Credence Interior Private Limited reported revenue of ₹3.27 Cr (down 9% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Credence Interior Private Limited
Revenue fell 9% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 8%. EBITDA fell 19% 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 Credence Interior Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹28.84 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹10.49 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 of Credence Interior Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 3.2% | •••• | •••• | •••• | •••• |
| 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 Credence Interior are in the company report.
Financial statements from 2015
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.
Peer Comparison of Credence Interior Private Limited
Credence Interior Private Limited is compared with the companies closest to it by revenue in the Consumer Durables industry (Furniture). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Rachilu Industries Private Limited | ₹3.29 Cr (FY 2024) | •••• | •••• | 132.0% | •••• | Ahmedabad, Gujarat, India |
| Shine Rainbow Hub Furniture Private Limited | ₹3.28 Cr (FY 2020) | •••• | •••• | -18.0% | •••• | Thirunnavaya, Kerala, India |
| Silsta Wood Plast Private Limited | ₹3.28 Cr (FY 2025) | •••• | •••• | 19.0% | •••• | Rajkot, Gujarat, India |
| Encore Modular Furniture Private Limited | ₹3.27 Cr (FY 2025) | •••• | •••• | -41.0% | •••• | Gurgaon, Haryana, India |
| Ergonomics Modular and Interior Solutions Private Limited | ₹3.27 Cr (FY 2025) | •••• | •••• | -25.0% | •••• | Pune, Maharashtra, India |
| Credence Interior Private Limited this company | ₹3.27 Cr (FY 2024) | •••• | •••• | -9.0% | •••• | Bhubaneswar, Odisha, India |
| Veeton Seating Systems Private Limited | ₹3.26 Cr (FY 2025) | •••• | •••• | -31.0% | •••• | New Delhi, Delhi, India |
| Golden Furniture Works Private Limited | ₹3.26 Cr (FY 2018) | •••• | •••• | 363.0% | •••• | Mumbai, Maharashtra, India |
| Kruger Metaform India Private Limited | ₹3.25 Cr (FY 2025) | •••• | •••• | -25.0% | •••• | Nashik, Maharashtra, India |
| Niteo Furnitures Private Limited | ₹3.24 Cr (FY 2016) | •••• | •••• | 27.0% | •••• | Mumbai, Maharashtra, India |
| Ask Moulders Private Limited | ₹3.23 Cr (FY 2023) | •••• | •••• | 310.0% | •••• | Hyderabad, Telangana, India |
Peers are the five companies nearest above and the five nearest below Credence Interior by revenue in the Consumer Durables industry (Furniture), 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 Credence Interior Private Limited
Credence Interior Private Limited is audited by M R N & CO for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| M R N & CO | Locked | Locked | Locked |
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.
Board of Directors of Credence Interior Private Limited
Credence Interior has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kapilamani Nayak | Director | 14 Mar 2011 | 15 Years 7 Months | Current |
| Khetra Mohan Nayak | Director | 14 Mar 2011 | 15 Years 7 Months | Current |
| Krushna Mohan Nayak | Managing Director | 14 Mar 2011 | 15 Years 7 Months | Current |
Ownership and Shareholding of Credence Interior Private Limited
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 Credence Interior Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 May 2021 | Ifci Limited | ₹34.18 Lakh | Open |
| 21 May 2021 | Others | ₹34.18 Lakh | Open |
| 22 Aug 2019 | Others | ₹42 Lakh | Open |
Total charge records: 3 View all charges
Legal Cases of Credence Interior Private Limited
Credence Interior Private Limited has 4 court cases on record: 4 filed by Credence Interior. All cases are disposed. Status as checked between 01 Oct 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 0 | 0 |
Cases on record (2 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Orissa | Writ petition | Filed by the company against State of Odisha | Disposed |
| High Court of Orissa | Writ petition | Filed by the company against Smart City Ltd | Disposed |
Full case history
All 4 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Associated Brands with Credence Interior Private Limited
Credence Interior operates one associated brand: Credence Interior. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Interior design services for residential and commercial spaces in Odisha. | credenceinterior.com |
Employees and EPFO Compliance at Credence Interior Private Limited
Credence Interior Private Limited has a workforce of 4 employees as of Apr 05, 2024.
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 Credence Interior Private Limited
Credence Interior Private Limited has 3 board changes on record since 2011: 3 appointments. The latest: Kapilamani Nayak was appointed as Director on 14 Mar 2011.
Credit Ratings, Litigation & Regulatory Alerts for Credence Interior Private Limited
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 Credence Interior Private Limited
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 Credence Interior Private Limited
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 Credence Interior Private Limited
Credence Interior has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AAECC3358A1ZD | Odisha | Active | 01 Jul 2017 |
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 Credence Interior Private Limited
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 Credence Interior Private Limited
Credence Interior is an active private limited company based in Bhubaneswar, Odisha, India. The company works in furniture manufacturing, within the consumer electronics and durables industry. It was incorporated on 14 March 2011 (15+ years old) and is registered under CIN U74210OR2011PTC013307.
Credence Interior reported revenue of ₹3.27 Cr for FY 2024 (down 9% YoY).
Credence Interior has 3 current directors:
- Krushna Mohan Nayak - Managing Director
- Kapilamani Nayak - Director
- Khetra Mohan Nayak - Director
Credence Interior reported a net profit of ₹10.49 Lakh (net margin 3.2%) and EBITDA of ₹28.84 Lakh (EBITDA margin 8.8%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Credence Interior is 42% over three years and 8% over five years. In the latest year (FY 2024) revenue fell 9%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Credence Interior is 21AAECC3358A1ZD, registered in Odisha.
The CIN (Corporate Identification Number) of Credence Interior is U74210OR2011PTC013307. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Credence Interior has 4 court cases on record: 4 filed by the company.
Credence Interior was incorporated on 14 March 2011, making it 15+ years old. It is registered with the Registrar of Companies, Cuttack.
The peers of Credence Interior by revenue are Rachilu Industries Private Limited, Shine Rainbow Hub Furniture Private Limited, Silsta Wood Plast Private Limited, Encore Modular Furniture Private Limited, Ergonomics Modular and Interior Solutions Private Limited and 5 more, all in the Consumer Durables industry (Furniture).
Kapilamani Nayak was appointed as Director on 14 Mar 2011. Khetra Mohan Nayak was appointed as Director on 14 Mar 2011. Krushna Mohan Nayak was appointed as Managing Director on 14 Mar 2011.