About Candico (I) Limited
Data last updated: 05 January 2026
Candico (I) Limited is a public limited company based in New Delhi, Delhi, India. It specialises in bakery and confectionery products, a part of the broader food and beverages sector. Incorporated on 09 May 1994, the company has been in operation for over 32 years.
Registered with ROC Delhi under CIN U74899DL1994PLC058883.
Capital: an authorised share capital of ₹15.2 Cr and a paid-up capital of ₹14 Cr. Formerly known as Heritage Bhaarat Limited. It is led by directors including Sanjay Gupta and Sanjiv Kumar.
Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2024. Office: G – 9 Harsh Bhawan 64 – 65 Nehru Place, New Delhi, Delhi, India – 110019.
As per the financials filed for FY 2025, the company reported a revenue of ₹20.78 Cr, a decline of 14% compared to the previous year.
The company has a workforce of approximately 101 employees as per the latest available data.
The company is associated with 1 brand - Candico. As per MCA filings, the company has satisfied charges of ₹36.73 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sushiljaincandicoindia.com.
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Registered AddressG – 9 Harsh Bhawan 64 – 65 Nehru Place, New Delhi, Delhi, India – 110019
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IndustryFood and Beverages, Bakery & Confectionery Products
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Associated Brands with Candico (I) Limited
Candico (I) Limited operates one associated brand: Candico. These brands represent Candico (I) Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Manufactures and markets a range of confectionery products. | candicoindia.com |
Competitors & Alternatives of Candico (I) Limited
Brands and companies operating in the same space as Candico (I) Limited include Cadbury, Lotte India, Prayagh and 3 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Cadbury
|
Confectionery products are manufactured and distributed globally by Cadbury. | Bournville, United Kingdom, United Kingdom | 1824 |
Lotte India
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Manufactures and sells confectionery items like chocolates, gums, and toffees. | Chennai, India, India | 2004 |
Prayagh
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Hard-boiled sugar confectionery and cakes are manufactured by the company. | Hyderabad, India, India | 1999 |
Ruchoks
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Specializes in comprehensive solutions for handmade chocolate products. | Delhi, India, India | 2009 |
Morde Foods
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Produces premium chocolate and cocoa for B2B clients worldwide. | Mumbai, India, India | 1983 |
Manam Chocolate
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Produces Indian craft chocolate through farming, making, and online sales. | Hyderabad, India, India | 2021 |
Business Activity of Candico (I) Limited
Candico (I) Limited is engaged in the principal business activity of manufacturing, with detailed activities including food, beverages and tobacco products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C1 | Food, beverages and tobacco products | Locked |
Business activity turnover details for Candico (I) Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
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Auditor Details of Candico (I) Limited
Candico (I) Limited is audited by V.K. Sehgal & Associates for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| V.K. Sehgal & Associates | Locked | Locked | Locked |
Complete auditor history for Candico (I) Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
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Board of Directors of Candico (I) Limited
Candico (I) Limited is currently managed by 5 directors, with 13 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjay Gupta | Nominee Director | 09 Oct 2010 | 15 Years 10 Months | Current |
| Sanjiv Kumar | Managing Director | 01 Apr 1997 | 29 Years 4 Months | Current |
|
Surbhit Lihala
Also directs:
Keventer Global Private Limited
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Nominee Director | 25 Apr 2019 | 7 Years 3 Months | Current |
| Madhukar Premdas Hatwar | Nominee Director | 07 Mar 2023 | 3 Years 5 Months | Current |
| Preetika Aggarwal | Additional Director | 23 Sep 2025 | 0 Years 10 Months | Current |
Financials of Candico (I) Limited FY 2024 filings available
Candico (I) Limited reported revenue of ₹20.78 Cr (down 14.00% YoY) for FY 2025.
Ten-year financial statements for Candico (I) Limited
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Candico (I) Limited
Shareholding and ownership data for Candico (I) Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
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Charges & Borrowings of Candico (I) Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 11 Jul 2008 | Canara Bank | ₹2.5 Cr | Satisfied |
| 09 Jan 2006 | Corporation Bank | ₹5.41 Cr | Satisfied |
| 12 Apr 2004 | Canara Bank | ₹3 Cr | Satisfied |
| 03 Oct 2002 | Canara Bank | ₹14.41 Lakh | Satisfied |
| 25 Jun 2002 | Lord Krishna Bank Limited | ₹2.55 Cr | Satisfied |
Total charge records: 13 View all charges
Employees and EPFO Compliance at Candico (I) Limited
Candico (I) Limited has a workforce of 101 employees as of Mar 31, 2024.
Employee and EPFO history for Candico (I) Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
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GST Compliance of Candico (I) Limited
GST registrations and filing compliance for Candico (I) Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
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Credit Ratings, Litigation & Regulatory Alerts for Candico (I) Limited
Credit ratings, litigation, and regulatory alerts for Candico (I) Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
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MSME Payment Delays by Candico (I) Limited
MSME payment history for Candico (I) Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
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Subsidiaries & Group Companies of Candico (I) Limited
Corporate group structure for Candico (I) Limited
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
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MCA Filings & Documents of Candico (I) Limited
MCA filings and documents for Candico (I) Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
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Recent Activity on Candico (I) Limited
Frequently Asked Questions about Candico (I) Limited
Candico (I) Limited is an active public limited company in the food and beverages sector based in New Delhi, Delhi, India. It was incorporated on 09 May 1994 (32+ years old) and is registered under CIN U74899DL1994PLC058883. The company has 101 employees.
Candico (I) Limited reported revenue of ₹20.78 Cr for FY 2025 (down 14.00% YoY).
The current directors of Candico (I) Limited are:
- Sanjay Gupta - Nominee Director
- Sanjiv Kumar - Managing Director
- Surbhit Lihala - Nominee Director
- Madhukar Premdas Hatwar - Nominee Director
- Preetika Aggarwal - Additional Director
The primary industry of Candico (I) Limited is food and beverages. The company specifically operates in bakery and confectionery products. The company is currently active in this sector.
Candico (I) Limited can be reached at the registered office: G – 9 Harsh Bhawan 64 – 65 Nehru Place, New Delhi, Delhi, India – 110019, or through the website sushiljaincandicoindia.com.
The authorised capital is ₹15.2 Cr, and the paid-up capital is ₹14 Cr.