MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-19-0130868
Credible Infotech Solutions Private Limited - business outsourcing in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
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 of Credible Infotech Solutions Private Limited
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
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressPlot No. D – 5 Marol MIDC Andheri East, Mumbai, Maharashtra, India – 400069
- IndustryBusiness Outsourcing, Business & IT Consulting
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Associated Brands with Credible Infotech Solutions Private Limited
Credible Infotech Solutions operates two associated brands: Credible India and Agtuall. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| AI-based farm analytics solutions are provided for agriculture. | credible-india.com | |
| Provider of EO-based agricultural risk management solutions | agtuall.com |
Business Activity of Credible Infotech Solutions Private Limited
The main business activity of Credible Infotech Solutions is professional, scientific and technical. In detail, this covers management consultancy activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M3 | Management consultancy activities | 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
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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) of Credible Infotech Solutions Private Limited
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 of Credible Infotech Solutions 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 | ₹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 of Credible Infotech Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.9% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Credible Infotech Solutions are in the company report.
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Financial statements from FY 2020
Earlier years and trend charts are in the company report.
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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
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vikram Sarbajna Also directs: Agtuall India Private Limited | Director | 10 Apr 2019 | 7 Years 6 Months | Current |
| Nayana Suresh Mahajan Also directs: Agtuall India Private Limited | Director | 12 Aug 2024 | 2 Years 2 Months | Current |
Peer Comparison of Credible Infotech Solutions Private Limited
Credible Infotech Solutions Private Limited is compared with the companies closest to it by revenue in the Outsourcing industry (Consulting Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Codotte Advisory Limited | ₹88.99 Lakh (FY 2025) | •••• | •••• | -4.0% | •••• | New Delhi, Delhi, India |
| R.Jain Contractors Private Limited | ₹88.97 Lakh (FY 2025) | •••• | •••• | 4.0% | •••• | Hisar, Haryana, India |
| Focal Corporate Services Private Limited | ₹88.94 Lakh (FY 2024) | •••• | •••• | -4.0% | •••• | Ahmedabad, Gujarat, India |
| Lakshya Event & Talent MGMT Private Limited | ₹88.87 Lakh (FY 2018) | •••• | •••• | -41.0% | •••• | Kolkata, West Bengal, India |
| Innovent Exim Private Limited | ₹88.86 Lakh (FY 2025) | •••• | •••• | 129579.0% | •••• | Ahmedabad, Gujarat, India |
| Credible Infotech Solutions Private Limited this company | ₹88.84 Lakh (FY 2024) | •••• | •••• | 108.0% | •••• | Mumbai, Maharashtra, India |
| Penta-Ocean Construction (India) Private Limited | ₹88.76 Lakh (FY 2025) | •••• | •••• | 7.0% | •••• | Gurgaon, Haryana, India |
| Agarsar Consulting Services Private Limited | ₹88.74 Lakh (FY 2025) | •••• | •••• | -69.0% | •••• | Faridabad, Haryana, India |
| Akuti Tradex Private Limited | ₹88.72 Lakh (FY 2022) | •••• | •••• | 405.0% | •••• | Delhi, India |
| Urjal Consultants Private Limited | ₹88.69 Lakh (FY 2025) | •••• | •••• | 18.0% | •••• | Pune, Maharashtra, India |
| Agratam India Social Ventures Private Limited | ₹88.69 Lakh (FY 2025) | •••• | •••• | 11.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Credible Infotech Solutions by revenue in the Outsourcing industry (Consulting Services), 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 Credible Infotech Solutions Private Limited
Credible Infotech Solutions Private Limited is audited by ABHILESH JHA AND COMPANY for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| ABHILESH JHA AND COMPANY | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Credible Infotech Solutions Private Limited
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
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Charges & Borrowings of Credible Infotech Solutions Private Limited
Credible Infotech Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Credible Infotech Solutions Private Limited
Employment history and EPFO contributions of people linked to Credible Infotech Solutions.
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Credible Infotech Solutions Private Limited
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.
Credit Ratings, Litigation & Regulatory Alerts for Credible Infotech Solutions Private Limited
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Credit ratings, litigation, and regulatory alerts
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MSME Payment Delays by Credible Infotech Solutions Private Limited
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Subsidiaries & Group Companies of Credible Infotech Solutions Private Limited
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GST Compliance of Credible Infotech Solutions Private Limited
Credible Infotech Solutions has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAICC1235E1Z1 | Maharashtra | Active | 11 Sep 2020 |
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GST registrations and filing compliance
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MCA Filings & Documents of Credible Infotech Solutions Private Limited
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Frequently Asked Questions about Credible Infotech Solutions Private Limited
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 reported revenue of ₹88.84 Lakh for FY 2024 (up 108% YoY).
Credible Infotech Solutions has 2 current directors:
- Vikram Sarbajna - Director
- Nayana Suresh Mahajan - Director
Credible Infotech Solutions reported a net profit of ₹1.7 Lakh (net margin 1.9%) and EBITDA of ₹2.31 Lakh (EBITDA margin 2.6%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Credible Infotech Solutions is 37% over three years. In the latest year (FY 2024) revenue rose 108%. CAGR is the steady yearly rate that links the first and the last year.
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 Codotte Advisory Limited, R.Jain Contractors Private Limited, Focal Corporate Services Private Limited, Lakshya Event & Talent MGMT Private Limited, Innovent Exim Private Limited and 5 more, all in the Outsourcing industry (Consulting Services).
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).