Credible Engineering Construction Projects Limited logo

Credible Engineering Construction Projects Limited

Hyderabad-based construction company with 30+ years of experience, specializing in industrial, road, and railway projects.
1999 | Hyderabad, Telangana (India) | Active

Last Updated:

July 03, 2024
HomeCompanyCredible Engineering Construction Projects Limited

Who are the key members and board of directors at Credible Engineering Construction Projects?

Executive Team (3)

NameDesignationAppointment DateStatus
Shrey Ghosal InCompany Secretary01-Aug-2019Current
Suresh Golla InCFO10-Apr-2019Current
Visweswara Medikonda InManaging Director02-Nov-1999Current

Board Members(4)

NameDesignationAppointment DateStatus
Umakantha Hari In Director 01-Oct-2014Current
Divya Medikonda In Whole-Time Director 04-Jun-2022Current
Ramakoteswara Kommalapati In Director 31-Jul-2021Current
Medikonda Padmavathi In Whole-Time Director 02-Nov-1999Current

Financial Performance and Corporate Structure Insights of Credible Engineering Construction Projects.

Credible Engineering Construction Projects Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 78.2% increase. The company also saw a substantial improvement in profitability, with a 94.37% increase in profit. The company's net worth moved up by a moderate rise of 8.24%.

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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
78.20%
Revenue from Operations
75.11%
Total Assets
4.02%
Profit or Loss
94.37%
Net Worth
8.24%
EBITDA
36.56%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges Satisfied Charges

₹90.06 Cr

₹81.35 Cr

LenderAmountStatus

Axis Bank Limited

Creation Date: 15 Feb 2024
₹3.22 CrOpen

Axis Bank Limited

Creation Date: 19 Sep 2023
₹5.34 CrOpen

Axis Bank Limited

Creation Date: 24 Aug 2023
₹2.50 MOpen

How Many Employees Work at Credible Engineering Construction Projects?

Credible Engineering Construction Projects has a workforce of 116 employees as of Apr 10, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

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Latest Updates, News, and FAQs on Credible Engineering Construction Projects

Recent activity within the organization

  • Charges

    A charge registered on 07 May 2019 via Charge ID 100259578 with Hdfc Bank Limited was fully satisfied on 06 Apr 2024.

    06 Apr 2024

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 3.22 Cr with Charge ID 100877004 was registered on 15 Feb 2024.

    15 Feb 2024

  • Annual General Meeting

    Credible Engineering Construction Projects Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 5.34 Cr with Charge ID 100794187 was registered on 19 Sep 2023.

    19 Sep 2023

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 0.25 Cr with Charge ID 100773129 was registered on 24 Aug 2023.

    24 Aug 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 1.16 Cr with Charge ID 100750688 was registered on 14 Jul 2023.

    14 Jul 2023

Frequently asked questions

  • Credible Engineering Construction Projects Limited was incorporated on 02 Nov 1999.

  • The authorized share capital of Credible Engineering Construction Projects Limited is ₹ 15.00 Cr and paid-up capital is ₹ 12.65 Cr.

  • Currently 7 directors are associated with Credible Engineering Construction Projects Limited.

    • Shrey Ghosal
    • Divya Medikonda
    • Ramakoteswara Rao Kommalapati
    • Suresh Golla
    • Umakantha Rao Hari
    • Medikonda Padmavathi
    • Visweswara Rao Medikonda
  • As per Ministry of Corporate Affairs (Mca), the registered address of Credible Engineering Construction Projects Limited is Plot No.32 Street No.2 Sagar Society Road No.2 Banjara Hills, Hyderabad, Telangana, India, 500034.

  • The corporate identification number (CIN) of Credible Engineering Construction Projects Limited is U40109TG1999PLC032786 and the company number is 032786 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Credible Engineering Construction Projects Limited is https://www.credibleengineering.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Credible Engineering Construction Projects Limited has risen by 78.20%.

  • As Per 2023 financial reports, 116 employees are currently employed by Credible Engineering Construction Projects Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Credible Engineering Construction Projects Limited has experienced an upsurge of 8.24%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Credible Engineering Construction Projects Limited amount to ₹ 90.06 Cr.

  • The most recent Balance Sheet for Credible Engineering Construction Projects Limited was filed with the ROC on 31 Mar 2023.

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