Credence IT Solutions Private Limited

Credence IT Solutions Private Limited - information technology in Faridabad, Haryana, India. FY 2026 financials & compliance.
CIN U72900HR2019PTC081382 Incorporated 10 July 2019 ROC Haryana HQ Faridabad, Haryana, India
Active Private Limited Company information technology MSME · Micro
Data last updated
Revenue · FY 2025
₹61.9 Lakh
▼ 89% YoY
Net profit · FY 2025
₹1.27 Lakh
Net margin 2%
EBITDA · FY 2025
₹2.64 Lakh
EBITDA margin 4.3%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
7 yrs
Est. 2019
Employees · EPFO
5
Provident fund records
Directors on board
2
As per MCA filings

About Credence IT Solutions Private Limited

Data last updated:

Credence IT Solutions Private Limited is a private limited company based in Faridabad, Haryana, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 10 July 2019 and has been in existence for over 7 years.

The company is registered with the Registrar of Companies (ROC), Haryana, under CIN U72900HR2019PTC081382. Its GSTIN is 06AAICC2708E1Z1 (Haryana).

The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Ankush Garg and Nita Ram Mehrotra.

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 Faridabad, Haryana.

As per the financials filed for FY 2025, the company reported a revenue of ₹61.9 Lakh, a decline of 89% compared to the previous year. For the same year it recorded a net profit of ₹1.27 Lakh (net margin 2%) and EBITDA of ₹2.64 Lakh (EBITDA margin 4.3%). Revenue has grown at a compounded annual rate (CAGR) of 33% over three years.

The company has about 5 employees on its provident fund (EPFO) records.

Credence IT Solutions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-HR-03-0038512). For more details, the company can be reached via its website credenceitsolutions.in.

Company details

CIN U72900HR2019PTC081382
Registration Number 081382
Incorporation Date 10 July 2019
ROC Haryana
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
MSME Classification Micro
Udyam Registration UDYAM-HR-03-0038512

Recognitions & Rankings of Credence IT Solutions

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-HR-03-0038512

Contact details

Credence IT Solutions Private Limited's registered office is in Faridabad, Haryana. Its website is credenceitsolutions.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    14/3 Mathura Road, Near Metro Pillar 564, Faridabad, Haryana, India – 121003
  • Industry
    Information Technology, IT Consulting & Support Services

To see the full contact details of Credence IT Solutions Private Limited, buy the company report.

Comprehensive company report
Credence IT 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Business activity

The main business activity of Credence IT Solutions is professional, scientific and technical activities. In detail, this covers other professional, scientific and technical activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
MProfessional, scientific and technical activities74Other professional, scientific and technical activities

To see the full business activity and turnover split of Credence IT Solutions Private Limited, buy the company report.

Financials of Credence IT Solutions Private Limited

FY 2025 filings available

Credence IT Solutions Private Limited reported revenue of ₹61.9 Lakh (down 89% YoY) for FY 2025.

Revenue · FY 2025
₹61.9 Lakh ▼ 89%
Net profit · FY 2025
₹1.27 Lakh margin 2%
EBITDA · FY 2025
₹2.64 Lakh margin 4.3%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 89%
3 years · compounded
▲ 33%
EBITDA CAGR growth
1 year
▼ 97%
3 years · compounded
▲ 25%

Revenue fell 89% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 33%. EBITDA fell 97% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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₹2.64 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹1.27 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin4.3%
Net Profit Margin2%
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 IT Solutions Private Limited, buy the company report.

Board of directors of Credence IT Solutions Private Limited

Credence IT Solutions has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Ankush GargDirector08 Jun 20224 Years 4 MonthsCurrent
Nita Ram MehrotraDirector10 Jul 20197 Years 3 MonthsCurrent

Peer comparison

Credence IT Solutions Private Limited is compared with the 4 companies closest to it by revenue in the same principal business activity (other professional, scientific and technical activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
S S Infonet Private Limited₹61.93 Lakh (FY 2024)3.0%Mumbai, Maharashtra, India
52 Beacon Community Private Limited₹61.9 Lakh (FY 2025)489.0%Dehradun, Uttarakhand, India
Credence IT Solutions Private Limitedthis company₹61.9 Lakh (FY 2025)₹1.27 Lakh2%-89.0%5Faridabad, Haryana, India
Srisaya Technologies Private Limited₹61.88 Lakh (FY 2025)4020.0%Hyderabad, Telangana, India
Pallas Athena Consulting Private Limited₹61.87 Lakh (FY 2025)-29.0%New Delhi, Delhi, India

To see the full peer comparison of Credence IT Solutions Private Limited, buy the company report.

Auditor

Credence IT Solutions Private Limited is audited by R M S G & ASSOCIATES for the financial year 2021.

Auditor firmFinancial yearFirm registration number
R M S G & ASSOCIATESFY 2021037808N

Shareholding

The shareholding of Credence IT Solutions Private Limited is on record for FY 2021, split between promoters, domestic institutions, public shareholders and others.

Shareholder categoryFY 2021
Promoters
Domestic institutional investors (DII)
Public
Others

To see the full shareholding pattern of Credence IT Solutions Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Credence IT Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Credence IT Solutions Private Limited has a workforce of 5 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.

Employee count
5
Active EPFO establishments
1
Employee growth
-37.5%

GST

Credence IT Solutions has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
06AAICC2708E1Z1HaryanaActive14 Sep 2019

To see the full GST registrations and return filing status of Credence IT Solutions Private Limited, buy the company report.

Recent activity

Credence IT Solutions Private Limited has 4 board changes on record since 2019: 2 appointments and 2 cessations. The latest: Ankush Garg ceased to be Additional Director on 30 Sep 2022.

AGM
Credence It Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Credence It Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Haryana.
Ceased
Ankush Garg ceased to be Additional Director.
Appointed
Ankush Garg was appointed as Director.
Ceased
Deepak Kumar Mishra ceased to be Director.
Appointed
Nita Ram Mehrotra was appointed as Director.
Incorporation
10 Jul 2019
Credence It Solutions Private Limited was registered on 10 Jul 2019 with Roc Haryana & aged 7 years 3 months as per MCA records.

Frequently asked questions

Credence IT Solutions is an active private limited company based in Faridabad, Haryana, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 10 July 2019 (7+ years old) and is registered under CIN U72900HR2019PTC081382.

Credence IT Solutions has 2 current directors:

The latest financial statements of Credence IT Solutions 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 FY 2020 are in the company report.

The GSTIN of Credence IT Solutions is 06AAICC2708E1Z1, registered in Haryana.

The CIN (Corporate Identification Number) of Credence IT Solutions is U72900HR2019PTC081382. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Credence IT Solutions was incorporated on 10 July 2019, making it 7+ years old. It is registered with the Registrar of Companies, Haryana.

The peers of Credence IT Solutions by revenue are S S Infonet Private Limited, 52 Beacon Community Private Limited, Srisaya Technologies Private Limited, Pallas Athena Consulting Private Limited, all in the same principal business activity (other professional, scientific and technical activities).

Ankush Garg ceased to be Additional Director on 30 Sep 2022. Ankush Garg was appointed as Director on 08 Jun 2022. Deepak Kumar Mishra ceased to be Director on 08 Jun 2022. Credence IT Solutions has 4 board changes on record in total.

Yes, Credence IT Solutions is registered as a micro enterprise under Udyam registration (number: UDYAM-HR-03-0038512).

Credence IT Solutions can be reached through the website credenceitsolutions.in. Its registered office is in Faridabad, Haryana, India.

The registered office of Credence IT Solutions is at 143 Mathura Road, Near Metro Pillar 564, Faridabad, Haryana, India – 121003.