MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-DL-01-0012153
Credence Prints Private Limited
Credence Prints Private Limited - printing & publishing in New Delhi, Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹2.89 Cr
▲ 21% YoY
Net profit · FY 2024
₹9.3 Lakh
Net margin 3.2%
EBITDA · FY 2024
₹32.13 Lakh
EBITDA margin 11.1%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹69.89 Lakh
Secured borrowings
Company age
11 yrs
Est. 2015
Directors on board
2
As per MCA filings
About Credence Prints Private Limited
Data last updated:
Credence Prints Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the print media segment of the printing and publishing sector. It was incorporated on 14 October 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U22219DL2015PTC286452. Its GSTIN is 07AAFCV2586A1ZF (Delhi).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Virtual Credence Prints Private Limited. It is led by directors Vipin Kharbanda and Prachi Kharbanda.
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 22/55 – 56 Second Floor West Patel Nagar, New Delhi, Delhi, India – 110008.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.89 Cr, a growth of 21% compared to the previous year. For the same year it recorded a net profit of ₹9.3 Lakh (net margin 3.2%) and EBITDA of ₹32.13 Lakh (EBITDA margin 11.1%). Revenue has grown at a compounded annual rate (CAGR) of 546% over three years and 103% over five years.
As per MCA filings, the company has open charges of ₹69.89 Lakh on record.
Credence Prints Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-01-0012153). The current compliance status is marked as compliant by the Registrar of Companies.
Company Details of Credence Prints Private Limited
CIN U22219DL2015PTC286452
Registration Number 286452
Incorporation Date 14 October 2015
ROC Delhi
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-DL-01-0012153
Recognitions & Rankings of Credence Prints
Contact Details
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered Address22/55 – 56 Second Floor West Patel Nagar, New Delhi, Delhi, India – 110008
- IndustryPrinting & Publishing, Print Media, Recorded Media
Comprehensive company report
Credence Prints Private Limited - one report that includes everything
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Business Activity of Credence Prints Private Limited
The main business activity of Credence Prints is manufacturing. In detail, this covers printing and reproduction of recorded media.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | 18 | Printing and reproduction of recorded media | Locked |
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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 Prints Private Limited FY 2024 filings available
Credence Prints Private Limited reported revenue of ₹2.89 Cr (up 21% YoY) for FY 2024.
Revenue · FY 2024
₹2.89 Cr ▲ 21%
Net profit · FY 2024
₹9.3 Lakh margin 3.2%
EBITDA · FY 2024
₹32.13 Lakh margin 11.1%
Compounded Annual Growth Rate (CAGR) of Credence Prints Private Limited
Revenue CAGR growth
1 year
▲ 21%
3 years · compounded
▲ 546%
5 years · compounded
▲ 103%
EBITDA CAGR growth
1 year
▲ 322%
3 years · compounded
▲ 696%
5 years · compounded
▲ 199%
Revenue has grown at a compounded annual rate (CAGR) of 103% over five years, including 21% growth in the latest year. EBITDA rose 322% 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 Prints 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 | ₹32.13 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹9.3 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 Prints Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11.1% | •••• | •••• | •••• | •••• |
| 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 Prints are in the company report.
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Financial statements from FY 2016
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 Credence Prints Private Limited
Credence Prints has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vipin Kharbanda Also directs: Bhishmak Consulting Private Limited | Director | 14 Oct 2015 | 11 Years 0 Months | Current |
| Prachi Kharbanda | Director | 30 Oct 2020 | 5 Years 11 Months | Current |
Peer Comparison of Credence Prints Private Limited
Credence Prints Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Consulting Services, Electronic Equipment and Components Manufacturing). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| CRC Corporate Services Private Limited | ₹2.89 Cr (FY 2024) | •••• | •••• | 33.0% | •••• | Mumbai, Maharashtra, India |
| KLCP Techno Power Controls Private Limited | ₹2.89 Cr (FY 2018) | •••• | •••• | 916.0% | •••• | Hyderabad, Telangana, India |
| Numem Global India Private Limited | ₹2.89 Cr (FY 2024) | •••• | •••• | 48.0% | •••• | Gandhinagar, Gujarat, India |
| Consultronics Private Limited | ₹2.89 Cr (FY 2025) | •••• | •••• | 0.0% | •••• | Ahmedabad, Gujarat, India |
| RDS Management Services Private Limited | ₹2.89 Cr (FY 2024) | •••• | •••• | 106.0% | •••• | New Delhi, Delhi, India |
| Credence Prints Private Limited this company | ₹2.89 Cr (FY 2024) | •••• | •••• | 21.0% | •••• | New Delhi, Delhi, India |
| Innovative CSR Solutions India Private Limited | ₹2.89 Cr (FY 2025) | •••• | •••• | -2.0% | •••• | Delhi, India |
| Green Credit Management Private Limited | ₹2.89 Cr (FY 2025) | •••• | •••• | -6.0% | •••• | Kochi, Kerala, India |
| Crossover Leadership Journeys Private Limited | ₹2.89 Cr (FY 2025) | •••• | •••• | -3.0% | •••• | Hyderabad, Telangana, India |
| Thrive Capital Investment Advisors (India) Private Limited | ₹2.89 Cr (FY 2024) | •••• | •••• | 4103.0% | •••• | Mumbai, Maharashtra, India |
| Asvata Climate Solutions Private Limited | ₹2.89 Cr (FY 2025) | •••• | •••• | 237.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Credence Prints by revenue in the Information Technology industry (Consulting Services, Electronic Equipment and Components Manufacturing), 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 Prints Private Limited
Credence Prints Private Limited is audited by SUMITKUMAR VIJ for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SUMITKUMAR VIJ | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
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Verified entity values are shown only after access is granted.
Ownership and Shareholding of Credence Prints Private Limited
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
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- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Credence Prints Private Limited
Open charges
₹69.89 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Mar 2023 | Others | ₹69.89 Lakh | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Credence Prints Private Limited
Employment history and EPFO contributions of people linked to Credence Prints.
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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 Prints Private Limited
Credence Prints Private Limited has 3 board changes on record since 2015: 2 appointments and 1 cessation. The latest: Ketan Kharbanda ceased to be Director on 10 Dec 2020.
AGM
Credence Prints Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Credence Prints Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
Charges
A charge with Others amounted to Rs. 69.89 Lakh with Charge ID 100709212 was registered on 30 Mar 2023.
Ceased
Ketan Kharbanda ceased to be Director.
Appointed
Prachi Kharbanda was appointed as Director.
Appointed
Vipin Kharbanda was appointed as Director.
Incorporation
14 Oct 2015
Credence Prints Private Limited was registered on 14 Oct 2015 with Roc Delhi & aged 11 years 9 days as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Credence Prints Private Limited
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Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
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MSME Payment Delays by Credence Prints Private Limited
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MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
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Subsidiaries & Group Companies of Credence Prints Private Limited
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Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
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GST Compliance of Credence Prints Private Limited
Credence Prints has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAFCV2586A1ZF | Delhi | Active | 01 Jul 2017 |
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GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
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MCA Filings & Documents of Credence Prints Private Limited
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MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
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Frequently Asked Questions about Credence Prints Private Limited
Credence Prints is an active private limited company based in New Delhi, Delhi, India. The company works in print media, within the printing and publishing industry. It was incorporated on 14 October 2015 (11+ years old) and is registered under CIN U22219DL2015PTC286452.
Credence Prints reported revenue of ₹2.89 Cr for FY 2024 (up 21% YoY).
Credence Prints has 2 current directors:
- Vipin Kharbanda - Director
- Prachi Kharbanda - Director
Credence Prints reported a net profit of ₹9.3 Lakh (net margin 3.2%) and EBITDA of ₹32.13 Lakh (EBITDA margin 11.1%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Credence Prints is 546% over three years and 103% over five years. In the latest year (FY 2024) revenue rose 21%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Credence Prints is 07AAFCV2586A1ZF, registered in Delhi.
The CIN (Corporate Identification Number) of Credence Prints is U22219DL2015PTC286452. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Credence Prints was incorporated on 14 October 2015, making it 11+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Credence Prints by revenue are CRC Corporate Services Private Limited, KLCP Techno Power Controls Private Limited, Numem Global India Private Limited, Consultronics Private Limited, RDS Management Services Private Limited and 5 more, all in the Information Technology industry (Consulting Services, Electronic Equipment and Components Manufacturing).
Ketan Kharbanda ceased to be Director on 10 Dec 2020. Prachi Kharbanda was appointed as Director on 30 Oct 2020. Vipin Kharbanda was appointed as Director on 14 Oct 2015.
Yes, Credence Prints is registered as a micro enterprise under Udyam registration (number: UDYAM-DL-01-0012153).