Credible Infotech Solutions Private Limited

Credible Infotech Solutions Private Limited - business outsourcing in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U72900MH2019PTC323941 Incorporated 10 April 2019 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company business outsourcing MSME · Micro
Data last updated
Revenue · FY 2024
₹88.84 Lakh
▲ 108% YoY
Net profit · FY 2024
₹1.7 Lakh
Net margin 1.9%
EBITDA · FY 2024
₹2.31 Lakh
EBITDA margin 2.6%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹2.2 Lakh
Issued & subscribed
Company age
7 yrs
Est. 2019
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered

About Credible Infotech Solutions Private Limited

Data last updated:

Credible Infotech Solutions Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 10 April 2019 and has been in existence for over 7 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2019PTC323941. Its GSTIN is 27AAICC1235E1Z1 (Maharashtra).

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹2.2 Lakh. It is led by directors Vikram Sarbajna and Nayana Suresh Mahajan.

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 Plot No. D – 5 Marol MIDC Andheri East, Mumbai, Maharashtra, India – 400069.

As per the financials filed for FY 2024, the company reported a revenue of ₹88.84 Lakh, a growth of 108% compared to the previous year. For the same year it recorded a net profit of ₹1.7 Lakh (net margin 1.9%) and EBITDA of ₹2.31 Lakh (EBITDA margin 2.6%). Revenue has grown at a compounded annual rate (CAGR) of 37% over three years.

The company is associated with 2 brands: Credible India and Agtuall.

Credible Infotech Solutions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0130868). For more details, the company can be reached via its website agtuall.com.

Company details

CIN U72900MH2019PTC323941
Registration Number 323941
Incorporation Date 10 April 2019
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
MSME Classification Micro
Udyam Registration UDYAM-MH-19-0130868

Recognitions & Rankings of Credible Infotech Solutions

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-MH-19-0130868

Contact details

Credible Infotech Solutions Private Limited's registered office is in Mumbai, Maharashtra. Its website is agtuall.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    Plot No. D – 5 Marol MIDC Andheri East, Mumbai, Maharashtra, India – 400069
  • Industry
    Business Outsourcing, Business & IT Consulting

To see the full contact details of Credible Infotech Solutions Private Limited, buy the company report.

Comprehensive company report
Credible Infotech 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

Brands

Credible Infotech Solutions operates two associated brands: Credible India and Agtuall. Each brand links to its own profile.

BrandDescriptionWebsite
AI-based farm analytics solutions are provided for agriculture.credible-india.com
Provider of EO-based agricultural risk management solutionsagtuall.com

Business activity

The main business activity of Credible Infotech Solutions is professional, scientific and technical. In detail, this covers management consultancy activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
MProfessional, Scientific and TechnicalM3Management consultancy activities

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

Financials of Credible Infotech Solutions Private Limited

FY 2024 filings available

Credible Infotech Solutions Private Limited reported revenue of ₹88.84 Lakh (up 108% YoY) for FY 2024.

Revenue · FY 2024
₹88.84 Lakh ▲ 108%
Net profit · FY 2024
₹1.7 Lakh margin 1.9%
EBITDA · FY 2024
₹2.31 Lakh margin 2.6%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 108%
3 years · compounded
▲ 37%
EBITDA CAGR growth
1 year
▲ 152%
3 years · compounded
▲ 32%

Revenue has grown at a compounded annual rate (CAGR) of 37% over three years, including 108% growth in the latest year. EBITDA rose 152% 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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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₹2.31 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹1.7 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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin2.6%
Net Profit Margin1.9%
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 Credible Infotech Solutions Private Limited, buy the company report.

Board of directors of Credible Infotech Solutions Private Limited

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

Current Directors
NameDesignationAppointment DateTenureStatus
Vikram SarbajnaDirector10 Apr 20197 Years 6 MonthsCurrent
Nayana Suresh MahajanDirector12 Aug 20242 Years 2 MonthsCurrent

Peer comparison

Credible Infotech Solutions Private Limited is compared with the 3 companies closest to it by revenue in the Outsourcing industry (Consulting Services), with the same principal business activity (management consultancy activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Focal Corporate Services Private Limited₹88.94 Lakh (FY 2024)-4.0%Ahmedabad, Gujarat, India
Credible Infotech Solutions Private Limitedthis company₹88.84 Lakh (FY 2024)₹1.7 Lakh1.9%108.0%Mumbai, Maharashtra, India
Agarsar Consulting Services Private Limited₹88.74 Lakh (FY 2025)-69.0%Faridabad, Haryana, India
Agratam India Social Ventures Private Limited₹88.69 Lakh (FY 2025)11.0%New Delhi, Delhi, India

To see the full peer comparison of Credible Infotech Solutions Private Limited, buy the company report.

Auditor

Credible Infotech Solutions Private Limited is audited by ABHILESH JHA AND COMPANY for the financial year 2023.

Auditor firmFinancial yearFirm registration number
ABHILESH JHA AND COMPANYFY 2023030445N

Shareholding

The shareholding of Credible Infotech Solutions Private Limited is on record for 4 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020
Promoters
Domestic institutional investors (DII)
Public
Others

To see the full shareholding pattern of Credible Infotech Solutions Private Limited, buy the company report.

MSME payment delays

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

GST

Credible Infotech Solutions has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAICC1235E1Z1MaharashtraActive11 Sep 2020

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

Recent activity

Credible Infotech Solutions Private Limited has 4 board changes on record since 2019: 2 appointments and 2 cessations. The latest: Nayana Suresh Mahajan was appointed as Director on 12 Aug 2024.

AGM
Credible Infotech Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Appointed
Nayana Suresh Mahajan was appointed as Director.
Ceased
Priti Jay Rao ceased to be Director.
Filing
Credible Infotech Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Ceased
Pooja Jay Rao ceased to be Director.
Appointed
Vikram Sarbajna was appointed as Director.
Incorporation
10 Apr 2019
Credible Infotech Solutions Private Limited was registered on 10 Apr 2019 with Roc Mumbai & aged 7 years 6 months as per MCA records.

Frequently asked questions

Credible Infotech Solutions is an active private limited company based in Mumbai, Maharashtra, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 10 April 2019 (7+ years old) and is registered under CIN U72900MH2019PTC323941.

Credible Infotech Solutions has 2 current directors:

The latest financial statements of Credible Infotech Solutions on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2020 are in the company report.

The GSTIN of Credible Infotech Solutions is 27AAICC1235E1Z1, registered in Maharashtra.

The CIN (Corporate Identification Number) of Credible Infotech Solutions is U72900MH2019PTC323941. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Credible Infotech Solutions was incorporated on 10 April 2019, making it 7+ years old. It is registered with the Registrar of Companies, Mumbai.

The peers of Credible Infotech Solutions by revenue are Focal Corporate Services Private Limited, Agarsar Consulting Services Private Limited, Agratam India Social Ventures Private Limited, all in the Outsourcing industry (Consulting Services), with the same principal business activity (management consultancy activities).

Nayana Suresh Mahajan was appointed as Director on 12 Aug 2024. Priti Jay Rao ceased to be Director on 12 Aug 2024. Pooja Jay Rao ceased to be Director on 20 Feb 2020. Credible Infotech Solutions has 4 board changes on record in total.

Yes, Credible Infotech Solutions is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-19-0130868).

Credible Infotech Solutions can be reached through the website agtuall.com. Its registered office is in Mumbai, Maharashtra, India.

The registered office of Credible Infotech Solutions is at Plot No. D – 5 Marol MIDC Andheri East, Mumbai, Maharashtra, India – 400069.