- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-19-0130868

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
Recognitions & Rankings of Credible Infotech Solutions
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
- Website
- Social Media
- Registered AddressPlot No. D – 5 Marol MIDC Andheri East, Mumbai, Maharashtra, India – 400069
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of Credible Infotech Solutions Private Limited, buy the company report.
- 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
Brands
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
The main business activity of Credible Infotech Solutions is professional, scientific and technical. In detail, this covers management consultancy activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M3 | Management 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 availableCredible Infotech Solutions Private Limited reported revenue of ₹88.84 Lakh (up 108% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
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
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| EBITDA | ₹2.31 Lakh | ||||
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| Net Profit (PAT) | ₹1.7 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 2.6% | ||||
| Net Profit Margin | 1.9% | ||||
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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.
| 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
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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| 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 Lakh | 1.9% | 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 firm | Financial year | Firm registration number |
|---|---|---|
| ABHILESH JHA AND COMPANY | FY 2023 | 030445N |
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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Credible Infotech Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Credible Infotech Solutions Private Limited are on our record; a case search with case numbers, parties and status is in the company report 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.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAICC1235E1Z1 | Maharashtra | Active | 11 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.
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:
- Vikram Sarbajna - Director
- Nayana Suresh Mahajan - Director
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.