MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0123173
Candour Services Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹1.1 Cr
▲ 6% YoY
Net profit · FY 2025
₹18.11 Lakh
Net margin 16.5%
EBITDA · FY 2025
₹26.28 Lakh
EBITDA margin 24%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
7 yrs
Est. 2019
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Candour Services Private Limited
Data last updated:
Candour Services Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 16 September 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2019PTC127969. Its GSTIN is 29AAICC3813C1ZX (Karnataka).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Priya Naveen Kumar and Narayanappa Shobharani.
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 #251 1st A Main Road Navodhaya Street Manjunatha Layout Marathahalli, Bangalore, Karnataka, India – 560037.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.1 Cr, a growth of 6% compared to the previous year. For the same year it recorded a net profit of ₹18.11 Lakh (net margin 16.5%) and EBITDA of ₹26.28 Lakh (EBITDA margin 24%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 33% over five years.
Candour Services Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0123173). For more details, the company can be reached via its website candourservices.com.
Company Details of Candour Services Private Limited
CIN U74999KA2019PTC127969
Registration Number 127969
Incorporation Date 16 September 2019
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0123173
Recognitions & Rankings of Candour Services
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address#251 1st A Main Road Navodhaya Street Manjunatha Layout Marathahalli, Bangalore, Karnataka, India – 560037
- IndustryInformation Technology, Application Development & Software Solutions
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Business Activity of Candour Services Private Limited
The main business activity of Candour Services is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related 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
- Filing-level activity changes
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Financials of Candour Services Private Limited FY 2025 filings available
Candour Services Private Limited reported revenue of ₹1.1 Cr (up 6% YoY) for FY 2025.
Revenue · FY 2025
₹1.1 Cr ▲ 6%
Net profit · FY 2025
₹18.11 Lakh margin 16.5%
EBITDA · FY 2025
₹26.28 Lakh margin 24%
Compounded Annual Growth Rate (CAGR) of Candour Services Private Limited
Revenue CAGR growth
1 year
▲ 6%
3 years · compounded
▲ 9%
5 years · compounded
▲ 33%
EBITDA CAGR growth
1 year
▲ 22%
3 years · compounded
▲ 6%
5 years · compounded
▲ 32%
Revenue has grown at a compounded annual rate (CAGR) of 33% over five years, including 6% growth in the latest year. EBITDA rose 22% 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 Candour Services Private Limited
| 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 | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹26.28 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹18.11 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 Candour Services Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 24% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 16.5% | •••• | •••• | •••• | •••• |
| 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 Candour Services 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 Candour Services Private Limited
Candour Services has 2 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 |
|---|---|---|---|---|
| Priya Naveen Kumar | Director | 16 Sep 2019 | 7 Years 1 Months | Current |
| Narayanappa Shobharani | Director | 16 Sep 2019 | 7 Years 1 Months | Current |
Peer Comparison of Candour Services Private Limited
Candour Services Private Limited is compared with the companies closest to it by revenue in the Transport and Logistics industry (Application Development, Diversified Logistics). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Wonex Logistics and Warehousing Private Limited | ₹1.1 Cr (FY 2022) | •••• | •••• | 1469.0% | •••• | Pune, Maharashtra, India |
| Kratos Engineering and IT Solutions Private Limited | ₹1.1 Cr (FY 2025) | •••• | •••• | -8.0% | •••• | Pune, Maharashtra, India |
| NMNC Designs Private Limited | ₹1.1 Cr (FY 2024) | •••• | •••• | -11.0% | •••• | Jaipur, Rajasthan, India |
| MKR Freight Private Limited | ₹1.1 Cr (FY 2025) | •••• | •••• | 183.0% | •••• | Delhi, India |
| Aps Freight and Travels Private Limited | ₹1.1 Cr (FY 2025) | •••• | •••• | -7.0% | •••• | New Delhi, Delhi, India |
| Candour Services Private Limited this company | ₹1.1 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | Bangalore, Karnataka, India |
| Techxplorers Private Limited | ₹1.09 Cr (FY 2025) | •••• | •••• | 120.0% | •••• | Anantapur, Andhra Pradesh, India |
| Jadoun Logistics Private Limited | ₹1.09 Cr (FY 2025) | •••• | •••• | -66.0% | •••• | Gandhidham, Gujarat, India |
| Draamilarr Logistics India Private Limited | ₹1.09 Cr (FY 2024) | •••• | •••• | -26.0% | •••• | Tuticorin, Tamil Nadu, India |
| Paavu Technologies Private Limited | ₹1.09 Cr (FY 2025) | •••• | •••• | -34.0% | •••• | New Delhi, Delhi, India |
| Techno Drive Software Solutions Private Limited | ₹1.09 Cr (FY 2024) | •••• | •••• | -24.0% | •••• | Hyderabad, Telangana, India |
Peers are the five companies nearest above and the five nearest below Candour Services by revenue in the Transport and Logistics industry (Application Development, Diversified Logistics), 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 Candour Services Private Limited
Candour Services Private Limited is audited by PDN & ASSOCIATES for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| PDN & ASSOCIATES | 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 Candour Services 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 Candour Services Private Limited
Candour Services Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Candour Services Private Limited
Employment history and EPFO contributions of people linked to Candour Services.
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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 Candour Services Private Limited
Candour Services Private Limited has 3 board changes on record since 2019: 2 appointments and 1 cessation. The latest: Reena Ganesh ceased to be Director on 17 Feb 2020.
AGM
Candour Services Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Candour Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Ceased
Reena Ganesh ceased to be Director.
Appointed
Narayanappa Shobharani was appointed as Director.
Appointed
Priya Naveen Kumar was appointed as Director.
Incorporation
16 Sep 2019
Candour Services Private Limited was registered on 16 Sep 2019 with Roc Bangalore & aged 7 years 1 month as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Candour Services Private Limited
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Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
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MSME Payment Delays by Candour Services Private Limited
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Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
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Subsidiaries & Group Companies of Candour Services Private Limited
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Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
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GST Compliance of Candour Services Private Limited
Candour Services has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAICC3813C1ZX | Karnataka | Active | 20 Oct 2019 |
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State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
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MCA Filings & Documents of Candour Services Private Limited
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Frequently Asked Questions about Candour Services Private Limited
Candour Services is an active private limited company based in Bangalore, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 16 September 2019 (7+ years old) and is registered under CIN U74999KA2019PTC127969.
Candour Services reported revenue of ₹1.1 Cr for FY 2025 (up 6% YoY).
Candour Services has 2 current directors:
- Priya Naveen Kumar - Director
- Narayanappa Shobharani - Director
Candour Services reported a net profit of ₹18.11 Lakh (net margin 16.5%) and EBITDA of ₹26.28 Lakh (EBITDA margin 24%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Candour Services is 9% over three years and 33% over five years. In the latest year (FY 2025) revenue rose 6%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Candour Services is 29AAICC3813C1ZX, registered in Karnataka.
The CIN (Corporate Identification Number) of Candour Services is U74999KA2019PTC127969. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Candour Services was incorporated on 16 September 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Candour Services by revenue are Wonex Logistics and Warehousing Private Limited, Kratos Engineering and IT Solutions Private Limited, NMNC Designs Private Limited, MKR Freight Private Limited, Aps Freight and Travels Private Limited and 5 more, all in the Transport and Logistics industry (Application Development, Diversified Logistics).
Reena Ganesh ceased to be Director on 17 Feb 2020. Narayanappa Shobharani was appointed as Director on 16 Sep 2019. Priya Naveen Kumar was appointed as Director on 16 Sep 2019.
Yes, Candour Services is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0123173).