MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-24-0005118
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Kredence Electronics Materials India Private Limited - chemicals and materials in Vadodara, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹99.42 Cr
▲ 47% YoY
Net profit · FY 2025
₹6.19 Cr
Net margin 6.2%
EBITDA · FY 2025
₹11.74 Cr
EBITDA margin 11.8%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹50 Lakh
Issued & subscribed
Open charges
₹71.38 Cr
Satisfied ₹19.83 Cr
Company age
11 yrs
Est. 2015
Employees · EPFO
32
Provident fund records
About Kredence Electronics Materials India Private Limited
Data last updated:
Kredence Electronics Materials India Private Limited is a private limited company based in Vadodara, Gujarat, India. It operates in the industrial chemicals segment of the chemicals and materials sector. It was incorporated on 16 April 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24100GJ2015PTC082904. Its GSTIN is 24AAFCK7990K1ZZ (Gujarat). The company holds 6 GST registrations, all of them active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors including Bharat Bhatnagar (Managing Director) and Divya Hetalkumar Patel.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Tf – 301 Block – C C Square Sarabhai Campus Nr Genda Circle, Vadodara, Gujarat, India – 390023.
As per the financials filed for FY 2025, the company reported a revenue of ₹99.42 Cr, a growth of 47% compared to the previous year. For the same year it recorded a net profit of ₹6.19 Cr (net margin 6.2%) and EBITDA of ₹11.74 Cr (EBITDA margin 11.8%). Revenue has grown at a compounded annual rate (CAGR) of 26% over three years and 24% over five years.
The company has about 32 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹71.38 Cr and satisfied charges of ₹19.83 Cr on record.
Kredence Electronics Materials India Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-24-0005118). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website kredencematerials.com.
Company details
CIN U24100GJ2015PTC082904
Registration Number 082904
Incorporation Date 16 April 2015
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-24-0005118
Key People
Bharat Bhatnagar Managing Director Divya Hetalkumar Patel Director Deep Hetalkumar Patel Director Recognitions & Rankings of Kredence Electronics Materials India
Contact details
Kredence Electronics Materials India Private Limited's registered office is in Vadodara, Gujarat. Its website is kredencematerials.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressTf – 301 Block – C C Square Sarabhai Campus Nr Genda Circle, Vadodara, Gujarat, India – 390023
- IndustryChemicals and Materials, Industrial Chemicals
To see the full contact details of Kredence Electronics Materials India Private Limited, buy the company report.
Comprehensive company report
Kredence Electronics Materials India 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
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Business activity
The main business activity of Kredence Electronics Materials India is manufacturing. In detail, this covers coke and refined petroleum products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C5 | Coke and refined petroleum products |
To see the full business activity and turnover split of Kredence Electronics Materials India Private Limited, buy the company report.
Financials of Kredence Electronics Materials India Private Limited
FY 2025 filings availableKredence Electronics Materials India Private Limited reported revenue of ₹99.42 Cr (up 47% YoY) for FY 2025.
Revenue · FY 2025
₹99.42 Cr ▲ 47%
Net profit · FY 2025
₹6.19 Cr margin 6.2%
EBITDA · FY 2025
₹11.74 Cr margin 11.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 47%
3 years · compounded
▲ 26%
5 years · compounded
▲ 24%
EBITDA CAGR growth
1 year
▲ 49%
3 years · compounded
▲ 22%
5 years · compounded
▲ 19%
Revenue has grown at a compounded annual rate (CAGR) of 24% over five years, including 47% growth in the latest year. EBITDA rose 49% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹99.42 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹11.74 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹6.19 Cr | ||||
| 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11.8% | ||||
| Net Profit Margin | 6.2% | ||||
| 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 | |||||
To see the full financial statements and ratios of Kredence Electronics Materials India Private Limited, buy the company report.
Board of directors of Kredence Electronics Materials India Private Limited
Kredence Electronics Materials India has 5 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 |
|---|---|---|---|---|
| Bharat Bhatnagar Also directs: Kynetic Solar Solution Private Limited | Managing Director | 16 Apr 2015 | 11 Years 6 Months | Current |
| Divya Hetalkumar Patel Also directs: GTC Labchem Private Limited, Agni Utensils Private Limited | Director | 30 Mar 2021 | 5 Years 7 Months | Current |
| Deep Hetalkumar Patel Also directs: GTC Labchem Private Limited, Agni Utensils Private Limited | Director | 30 Mar 2021 | 5 Years 7 Months | Current |
| Sandeep Sriram Mathur | Director | 16 Apr 2015 | 11 Years 6 Months | Current |
| Smital Patel | Director | 03 Nov 2025 | 0 Years 11 Months | Current |
Auditor
Kredence Electronics Materials India Private Limited is audited by HARIBHAKTI & Co. for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| HARIBHAKTI & Co. | FY 2024 | 118013W |
Shareholding
The shareholding of Kredence Electronics Materials India Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Kredence Electronics Materials India Private Limited, buy the company report.
Charges & borrowings
Open charges
₹71.38 Cr
Satisfied charges
₹19.83 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Mar 2026 | 101271467 | Others | ₹9.9 Cr | Open | |
| 10 Jun 2022 | 100588859 | Others | ₹61.48 Cr | Open | |
| 17 Apr 2021 | 100443246 | Hdfc Bank Limited | ₹9.21 Lakh | Satisfied | |
| 22 Dec 2020 | 100410945 | Others | ₹5.6 Cr | Satisfied | |
| 25 Jun 2020 | 100370947 | Others | ₹1.5 Cr | Satisfied |
To see the full charge records of Kredence Electronics Materials India Private Limited, buy the company report.
Total charge records: 8 View all charges
Legal cases
No court or tribunal cases involving Kredence Electronics Materials India 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 Kredence Electronics Materials India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Kredence Electronics Materials India Private Limited has a workforce of 32 employees on its EPFO records as of Feb 12, 2026, across 1 active EPFO establishment.
Employee count
32
Active EPFO establishments
1
Employee growth
23.08%
GST
Kredence Electronics Materials India has 6 GST registrations: 6 active. The first 4 active GSTINs are listed below.
Total GSTINs
6
Active
6
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAFCK7990K1ZZ | Gujarat | Active | 01 Jul 2017 |
| 24AAFCK7990K2ZY | Gujarat | Active | 01 Apr 2025 |
| 06AAFCK7990K1ZX | Haryana | Active | 01 Jul 2017 |
| 29AAFCK7990K1ZP | Karnataka | Active | 22 Oct 2020 |
To see the full GST registrations and return filing status of Kredence Electronics Materials India Private Limited, buy the company report.
Recent activity
Kredence Electronics Materials India Private Limited has 6 board changes on record since 2015: 5 appointments and 1 cessation. The latest: Smital Patel was appointed as Director on 03 Nov 2025.
Charges
A charge with Others of Rs. 6,147.98 Lakh registered on 10 Jun 2022 with Charge ID 100588859 was modified on 13 Jul 2026.
Charges
A charge with Others of Rs. 990.00 Lakh registered on 31 Mar 2026 with Charge ID 101271467 was modified on 02 Jun 2026.
Charges
A charge with Others amounted to Rs. 990.00 Lakh with Charge ID 101271467 was registered on 31 Mar 2026.
Appointed
Smital Patel was appointed as Director.
AGM
Kredence Electronics Materials India Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Kredence Electronics Materials India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge registered on 17 Apr 2021 via Charge ID 100443246 with Hdfc Bank Limited was fully satisfied on 02 Feb 2024.
Charges
A charge registered on 22 Dec 2020 via Charge ID 100410945 with Others was fully satisfied on 14 Jul 2022.
Charges
A charge with Others amounted to Rs. 6,147.98 Lakh with Charge ID 100588859 was registered on 10 Jun 2022.
Charges
A charge registered on 25 Jun 2020 via Charge ID 100370947 with Others was fully satisfied on 17 Nov 2021.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 9.21 Lakh with Charge ID 100443246 was registered on 17 Apr 2021.
Appointed
Deep Hetalkumar Patel was appointed as Director.
16 earlier events are in the company report.
Frequently asked questions
Kredence Electronics Materials India is an active private limited company based in Vadodara, Gujarat, India. The company works in industrial chemicals, within the chemicals and materials industry. It was incorporated on 16 April 2015 (11+ years old) and is registered under CIN U24100GJ2015PTC082904.
Kredence Electronics Materials India has 5 current directors:
- Bharat Bhatnagar - Managing Director
- Divya Hetalkumar Patel - Director
- Deep Hetalkumar Patel - Director
- Sandeep Sriram Mathur - Director
- Smital Patel - Director
The latest financial statements of Kredence Electronics Materials India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Kredence Electronics Materials India is 24AAFCK7990K1ZZ, registered in Gujarat. The company has 6 GST registrations in all, of which 6 are active. Other active GSTINs include 24AAFCK7990K2ZY (Gujarat), 06AAFCK7990K1ZX (Haryana), 29AAFCK7990K1ZP (Karnataka).
The CIN (Corporate Identification Number) of Kredence Electronics Materials India is U24100GJ2015PTC082904. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kredence Electronics Materials India was incorporated on 16 April 2015, making it 11+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Smital Patel was appointed as Director on 03 Nov 2025. Deep Hetalkumar Patel was appointed as Director on 30 Mar 2021. Divya Hetalkumar Patel was appointed as Director on 30 Mar 2021. Kredence Electronics Materials India has 6 board changes on record in total.
Yes, Kredence Electronics Materials India is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-24-0005118).
Kredence Electronics Materials India can be reached through the website kredencematerials.com. Its registered office is in Vadodara, Gujarat, India.
The registered office of Kredence Electronics Materials India is at Tf – 301 Block – C C Square Sarabhai Campus Nr Genda Circle, Vadodara, Gujarat, India – 390023.
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