- Category
- Small (2024-25)
- Udyam number
- UDYAM-AP-10-0003014

About Candela Technologies India Private Limited
Data last updated:
Candela Technologies India Private Limited is a foreign private limited company based in Visakhapatnam, Andhra Pradesh, India, a subsidiary of Candela Technologies Inc. It operates in the telecom service providers segment of the telecommunications sector. It was incorporated on 06 October 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U73100AP2020FTC115961. Its GSTIN is 37AAJCC0197L1Z9 (Andhra Pradesh).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors including Sitarama Kalyana Chekravarthy Penumetsa and Sowjanya Seeta Siravuri.
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 Visakhapatnam, Andhra Pradesh.
As per the financials filed for FY 2023, the company reported a revenue of ₹8.16 Cr, a growth of 43% compared to the previous year. For the same year it recorded a net profit of ₹1.24 Cr (net margin 15.3%) and EBITDA of ₹1.46 Cr (EBITDA margin 18%).
The company has about 45 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹2.97 Cr on record.
Candela Technologies India Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-AP-10-0003014). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website candelatech.com.
Company details
Recognitions & Rankings of Candela Technologies India
Contact details
Candela Technologies India Private Limited's registered office is in Visakhapatnam, Andhra Pradesh. Its website is candelatech.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address4th & 5th Floor Hill Crest Apartment, Pedda Rushikonda, Visakhapatnam, Andhra Pradesh, India – 530045
- IndustryTelecom, Telecom Service Providers
To see the full contact details of Candela Technologies India 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 Candela Technologies India Private Limited
FY 2025 filings availableCandela Technologies India Private Limited reported revenue of ₹8.16 Cr (up 43% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue rose 43% in the latest year. EBITDA fell 3% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹8.16 Cr | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹1.46 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹1.24 Cr | ||
| Balance Sheet | |||
| Share Capital | |||
| Reserves and Surplus | |||
| Net Worth (Total Equity) | |||
| Long-term Borrowings | |||
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| Trade Payables | |||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 18% | ||
| Net Profit Margin | 15.3% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
| Liquidity and Debt | |||
| Current Ratio | |||
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To see the full financial statements and ratios of Candela Technologies India Private Limited, buy the company report.
Board of directors of Candela Technologies India Private Limited
Candela Technologies India has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sitarama Kalyana Chekravarthy Penumetsa Also directs: Candela Farms LLP | Director | 15 Apr 2022 | 4 Years 6 Months | Current |
| Sowjanya Seeta Siravuri Also directs: Candela Farms LLP | Director | 24 May 2024 | 2 Years 5 Months | Current |
| Benjamin Lee Greear | Director | 06 Oct 2020 | 6 Years 0 Months | Current |
| Chitti Babu Penumetsa | Director | 06 Oct 2020 | 6 Years 0 Months | Current |
Auditor
Candela Technologies India Private Limited is audited by MALADIKRISHNAMOHAN for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MALADIKRISHNAMOHAN | FY 2023 | 221554 |
Shareholding
The shareholding of Candela Technologies India Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Candela Technologies India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Aug 2022 | 100694871 | Hdfc Bank Limited | ₹2.97 Cr | Open |
To see the full charge records of Candela Technologies India Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Candela Technologies 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 Candela Technologies India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Candela Technologies India Private Limited has a workforce of 45 employees on its EPFO records as of Apr 01, 2024, across 1 active EPFO establishment.
GST
Candela Technologies India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AAJCC0197L1Z9 | Andhra Pradesh | Active | 06 Oct 2020 |
To see the full GST registrations and return filing status of Candela Technologies India Private Limited, buy the company report.
Recent activity
Candela Technologies India Private Limited has 4 board changes on record since 2020: 4 appointments. The latest: Sowjanya Seeta Siravuri was appointed as Director on 24 May 2024.
Frequently asked questions
Candela Technologies India is an active foreign private limited company based in Visakhapatnam, Andhra Pradesh, India. The company works in telecom service providers, within the telecom industry. It was incorporated on 06 October 2020 (6+ years old) and is registered under CIN U73100AP2020FTC115961.
Candela Technologies India has 4 current directors:
- Sitarama Kalyana Chekravarthy Penumetsa - Director
- Sowjanya Seeta Siravuri - Director
- Benjamin Lee Greear - Director
- Chitti Babu Penumetsa - Director
The latest financial statements of Candela Technologies 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 2021 are in the company report.
The GSTIN of Candela Technologies India is 37AAJCC0197L1Z9, registered in Andhra Pradesh.
The CIN (Corporate Identification Number) of Candela Technologies India is U73100AP2020FTC115961. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Candela Technologies India was incorporated on 06 October 2020, making it 6+ years old. It is registered with the Registrar of Companies, Vijayawada.
Sowjanya Seeta Siravuri was appointed as Director on 24 May 2024. Sitarama Kalyana Chekravarthy Penumetsa was appointed as Director on 15 Apr 2022. Benjamin Lee Greear was appointed as Director on 06 Oct 2020. Candela Technologies India has 4 board changes on record in total.
Yes, Candela Technologies India is registered as a small enterprise under Udyam registration (number: UDYAM-AP-10-0003014).
Candela Technologies India can be reached through the website candelatech.com. Its registered office is in Visakhapatnam, Andhra Pradesh, India.
The registered office of Candela Technologies India is at 4th & 5th Floor Hill Crest Apartment, Pedda Rushikonda, Visakhapatnam, Andhra Pradesh, India – 530045.