Credible Research & Analysis Private Limited
About Credible Research & Analysis Private Limited
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Credible Research & Analysis Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the food and beverage distribution segment of the food and beverages sector. It was incorporated on 02 February 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U74900WB2011PTC158395.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹1.01 Lakh. It was formerly known as Carso India Labs Private Limited. It is led by directors Harikeshwar Sah and Shyam Sunder Singhania.
Its last annual general meeting (AGM) was held on 25 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Kolkata, West Bengal.
As per the financials filed for FY 2024, the company reported a revenue of ₹6.66 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹1.58 Lakh (net margin -23.7%) and EBITDA of -₹3.02 Lakh (EBITDA margin -45.3%). Revenue has grown at a compounded annual rate (CAGR) of 31% over three years and 5% over five years.
As per MCA filings, the company has open charges of ₹400 Cr on record. The company has 2 deals on record (2 secondary share transfers); the latest was in February 2015. Its 10 peer companies in the Consumer Services industry (Food and Beverages Retail and Distribution, Professional Services) are compared by revenue, 5 larger and 5 smaller; the largest is Malepattu Imports and Exports Private Limited with revenue of ₹6.69 Lakh.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Credible Research & Analysis Private Limited's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressX11 & 12 Block – Ep Sector V Saltlake City, Globsyn Crystals, Kolkata, West Bengal, India – 700091
- IndustryFood and Beverages, Food & Beverage Retail & Distribution
To see the full contact details of Credible Research & Analysis 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
Financials of Credible Research & Analysis Private Limited
FY 2025 filings availableCredible Research & Analysis Private Limited reported revenue of ₹6.66 Lakh (up 161% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 5% over five years, including 161% growth in the latest year. EBITDA fell 20% 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹3.02 Lakh | ||||
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| Net Profit (PAT) | -₹1.58 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 | -45.3% | ||||
| Net Profit Margin | -23.7% | ||||
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To see the full financial statements and ratios of Credible Research & Analysis Private Limited, buy the company report.
Board of directors of Credible Research & Analysis Private Limited
Credible Research & Analysis has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Harikeshwar Sah Also directs: MKJ Developers Ltd, Vishveshwar Infrastructure Private Limited, Sarkar & Chowdhury Enterprises Private Limited and 2 more | Director | 17 Mar 2015 | 11 Years 7 Months | Current |
| Shyam Sunder Singhania Also directs: Trinity Developers Private Limited, Mantu Housing Projects Ltd, Neelgagan Infrastructure Private Limited and 4 more | Director | 17 Mar 2015 | 11 Years 7 Months | Current |
Peer comparison
Credible Research & Analysis Private Limited is compared with the 10 companies closest to it by revenue in the Consumer Services industry (Food and Beverages Retail and Distribution, Professional Services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Malepattu Imports and Exports Private Limited | ₹6.69 Lakh (FY 2020) | 106.0% | Chittoor, Andhra Pradesh, India | |||
| Daily Dikki Private Limited | ₹6.69 Lakh (FY 2024) | 1092.0% | Ranchi, Jharkhand, India | |||
| Qscert Certifications India Private Limited | ₹6.67 Lakh (FY 2023) | 23.0% | Chennai, Tamil Nadu, India | |||
| Krishikapattiam Agro Farmer Producer Company Limited | ₹6.66 Lakh (FY 2025) | 0.0% | Kannur, Kerala, India | |||
| Credible Research & Analysis Private Limitedthis company | ₹6.66 Lakh (FY 2024) | -₹1.58 Lakh | -23.7% | 161.0% | Kolkata, West Bengal, India | |
| Paramount Management Consultants Private Limited | ₹6.66 Lakh (FY 2025) | -51.0% | Kolkata, West Bengal, India | |||
| Shri Gangabharti Farmers Producer Company Limited | ₹6.65 Lakh (FY 2024) | 10.0% | Jalna, Maharashtra, India | |||
| Jagdambay Foods International Private Limited | ₹6.65 Lakh (FY 2025) | 3458.0% | Jammu, Jammu and Kashmir, India | |||
| Nitevox Technologies Private Limited | ₹6.65 Lakh (FY 2021) | -70.0% | Ernakulam, Kerala, India | |||
| Jecrc Incubation Centre | ₹6.65 Lakh (FY 2024) | 50.0% | Jaipur, Rajasthan, India | |||
| Ishwari Prasad Investments Pvt Ltd | ₹6.64 Lakh (FY 2024) | -16.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Credible Research & Analysis Private Limited, buy the company report.
Auditor
Credible Research & Analysis Private Limited is audited by SBS ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SBS ASSOCIATES | FY 2020 | 310019E |
Shareholding
The shareholding of Credible Research & Analysis Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|
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| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Credible Research & Analysis Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Jun 2025 | 101118087 | Others | ₹400 Cr | Open |
Total charge records: 1 View all charges
Deals & funding
Credible Research & Analysis Private Limited has 2 deals on record (2 secondary share transfers); the latest was in February 2015.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2015 | Secondary share transfer | Undisclosed | Buyer: Happy Plaza Private Limited , Sasmal Infrastructure Private Limited , Epitorne Infrastructure Private Limited Seller: Edward Kaventer Life Science Limited, 2 individuals |
| Mar 2011 | Secondary share transfer | Undisclosed | Buyer: Edward Kaventer Life Science Limited Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Credible Research & Analysis 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 Research & Analysis Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Credible Research & Analysis Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Credible Research & Analysis Private Limited has 8 board changes on record since 2014: 2 appointments and 6 cessations. The latest: Harikeshwar Sah ceased to be Additional Director on 25 Sep 2015.
Frequently asked questions
Credible Research & Analysis is an active private limited company based in Kolkata, West Bengal, India. The company works in food and beverage retail and distribution, within the food and beverages industry. It was incorporated on 02 February 2011 (15+ years old) and is registered under CIN U74900WB2011PTC158395.
Credible Research & Analysis has 2 current directors:
- Harikeshwar Sah - Director
- Shyam Sunder Singhania - Director
The latest financial statements of Credible Research & Analysis on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 25 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Credible Research & Analysis is U74900WB2011PTC158395. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Credible Research & Analysis was incorporated on 02 February 2011, making it 15+ years old. It is registered with the Registrar of Companies, Kolkata.
Credible Research & Analysis has 2 deals on record (2 secondary share transfers); the latest was in February 2015.
The peers of Credible Research & Analysis by revenue are Malepattu Imports and Exports Private Limited, Daily Dikki Private Limited, Qscert Certifications India Private Limited, Krishikapattiam Agro Farmer Producer Company Limited, Paramount Management Consultants Private Limited and 5 more, all in the Consumer Services industry (Food and Beverages Retail and Distribution, Professional Services).
Harikeshwar Sah ceased to be Additional Director on 25 Sep 2015. Shyam Sunder Singhania ceased to be Additional Director on 25 Sep 2015. Sujit Kumar Ghosh ceased to be Director on 20 Mar 2015. Credible Research & Analysis has 8 board changes on record in total.
The registered office of Credible Research & Analysis is at X11 & 12 Block – Ep Sector V Saltlake City, Globsyn Crystals, Kolkata, West Bengal, India – 700091.
Credible Research & Analysis operates in the food and beverages industry, in the food and beverage retail and distribution segment.
Credible Research & Analysis has open charges of ₹400 Cr and no satisfied charges on record as per latest MCA filings.