Candid Industries Limited - Company Profile

It is a metals and minerals public limited company based in Hyderabad, Telangana, India, established in 1991.
1991 Hyderabad, Telangana, India Active
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About Candid Industries Limited

Candid Industries Limited, a active public limited company, was established on 19 August 1991 in Hyderabad, Telangana, India. Engaging in metal retail & distribution within the trade sector, it holds CIN: U18100TG1991PLC013088. Registered under ROC Roc Hyderabad. it is unlisted. It has an authorized capital of ₹6.50 Cr and a paid-up capital of ₹5.51 Cr.

Formerly known as Futuretech Industries Limited., Futuretech Industries Limited. It upholds a active non-compliant status. Its leadership includes Shri Anil Biswas (Additional Director), Vasunandan Reddy Akepati (Additional Director), Yousuf Ansari Syed (Additional Director). Past directors included Swatantra Prasad Nivarti, Golla Laxminarayana, Kaarugulla Raji Reddy. It holds ₹360.43 Cr open charges and ₹29.80 Cr settled loans. Its latest AGM occurred on 30 September 2019, with the balance sheet filed on 31 March 2019. It is based at Plot No.1, Survey No.308Venkateswara Cooperative Indus Trial Estate,Jeedimetla, Hyderabad, Telangana, 500855.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U18100TG1991PLC013088

  • Registration Number

    013088

  • Incorporation Date

    19 August 1991

  • Authorized Capital

    ₹6.50 Cr

  • Paid-Up Capital

    ₹5.51 Cr

  • ROC Code

    Roc Hyderabad

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 6.50 Cr
  • Paid Up Capital ₹ 5.51 Cr
  • Company Age 34 Year, 9 Months
  • Last Filing with ROC 31 Mar 2019
  • Open Charges ₹ 360.43 Cr
  • Satisfied Charges ₹ 29.80 Cr
  • Revenue Growth **** -74.63%
  • Profit Growth **** -129.78%
  • Ebitda **** -11.93%
  • Net Worth -0.45%
  • Total Assets **** 8.90%
Company report

Candid Industries Limited

Company Report FY 2026-2027

Comprehensive Company Insights

Explore comprehensive insights into Candid Industries Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Candid Industries Limited?
Current Directors
Name Designation Appointment Date Status
Shri Anil Biswas Additional Director 16 Nov 2021 Current
Vasunandan Reddy Akepati Additional Director 23 May 2025 Current
Yousuf Ansari Syed Additional Director 28 Nov 2025 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 07 Aug 2013 Past
Pramod Abcsdd Additional Director 03 Feb 2014 Past
Pramod Abcsdd Additional Director 19 Aug 2016 Past
Pramod Abcsdd Additional Director 16 Nov 2021 Past
Pramod Abcsdd Additional Director 29 Sep 2009 Past
Pramod Abcsdd Additional Director 23 May 2025 Past

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Financial Performance of Candid Industries.

Candid Industries Limited, for the financial year ended 2019, experienced significant reduction in revenue, with a 74.63% decrease. The company also saw a substantial fall in profitability, with a 129.78% decrease in profit. The company's net worth dipped by a decrease of 0.45%.

Candid Industries revenue growth over time
Candid Industries profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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 -74.63%
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Revenue from Operations
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 -74.63%
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*******
*******
Total Assets
*******
 8.90%
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*******
*******
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Profit or Loss
*******
 -129.78%
*******
*******
*******
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Net Worth
*******
 -0.45%
*******
*******
*******
*******
EBITDA
*******
 -11.93%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Candid Industries?

In 2019, Candid Industries had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹3,604,332,000.00

Satisfied Charges

₹298,000,000.00

Charges Breakdown by Lending Institutions
  • Central Bank Of India : 300.00 Cr
  • Andhra Bank : 60.00 Cr
  • State Bank Of Hyderabad : 0.30 Cr
  • Bank Of Baroda : 0.13 Cr
Latest Charge Details
Date Lender Amount Status
07 Oct 2011 Central Bank Of India ₹300.00 Cr Open
28 Jul 2011 Andhra Bank ₹60.00 Cr Open
05 May 1992 State Bank Of Hyderabad ₹3.00 M Open
08 Jan 1992 Bank Of Baroda ₹1.33 M Open
22 Nov 2010 Oriental Bank Of Commerce ₹10.00 Cr Satisfied

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How Many Employees Work at Candid Industries?

Unlock and access historical data on people associated with Candid Industries, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Candid Industries, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Candid Industries's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Candid Industries
Recent Activity within the Organization
  • Director Appointment

    The activity Yousuf Ansari Syed was appointed as a Additional Director was appointed as a Additional Director on 28 Nov 2025 & has been associated with this company since 6 months 4 days . was completed.

  • Director Appointment

    Progress on Vasunandan Reddy Akepati was appointed as a Additional Director was appointed as a Additional Director on 23 May 2025 & has been associated with this company since 1 year 9 days . was documented.

  • Director Appointment

    Shri Anil Biswas was appointed as a Additional Director was appointed as a Additional Director on 16 Nov 2021 & has been associated with this company since 4 years 6 months . was recorded as a recent event.

  • Annual General Meeting

    Candid Industries Limited last Annual general meeting of members was held on 30 Sep 2019 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    Candid Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Hyderabad. was recorded as a recent event.

  • Charges

    Progress on A charge with Central Bank Of India of Rs. 300.00 Cr registered on 07 Oct 2011 with Charge ID 10314536 was modified on 12 Oct 2011. was documented.

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Frequently Asked Questions
What is the CIN of Candid Industries Limited?

The CIN of Candid Industries Limited is U18100TG1991PLC013088.

Where is Candid Industries Limited headquartered?

Candid Industries Limited is headquartered at Plot No.1, Survey No.308Venkateswara Cooperative Indus Trial Estate,Jeedimetla, Hyderabad, Telangana, 500855.

When was Candid Industries Limited incorporated?

Candid Industries Limited was incorporated on 19 August 1991.

Who are the current directors of Candid Industries Limited?

The current directors of Candid Industries Limited are

What is the primary industry of Candid Industries Limited?

The primary industry of Candid Industries Limited is Trade.

Is Candid Industries Limited a listed company?

Candid Industries Limited is unlisted.

What is the capital structure of Candid Industries Limited?

The authorized capital of Candid Industries Limited is ₹6.50 Cr, and the paid-up capital is ₹5.51 Cr.

What is the compliance status of Candid Industries Limited?

The compliance status of Candid Industries Limited is Active Non-Compliant.

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