About Candid Infotech Private Limited
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Candid Infotech Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 23 February 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74110DL2000PTC103928. Its GSTIN is 09AACCC1871E1ZV (Uttar Pradesh). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.02 Lakh. It is led by directors Apu Sarman and Bhanu Pratap Singh.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at F – 39 East Of Kailash, New Delhi, Delhi, India – 110065.
As per the financials filed for FY 2024, the company reported a revenue of ₹23.8 Cr, a growth of 81% compared to the previous year. For the same year it recorded a net profit of ₹33.41 Lakh (net margin 1.4%) and EBITDA of ₹47.23 Lakh (EBITDA margin 2%). Revenue has grown at a compounded annual rate (CAGR) of 29% over three years and 266% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website candidinfotech.com.
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- Website
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- Registered AddressF – 39 East Of Kailash, New Delhi, Delhi, India – 110065
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
- 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
- One PDF report, delivered after checkout
Business Activity of Candid Infotech Private Limited
The main business activity of Candid Infotech is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Candid Infotech Private Limited FY 2024 filings available
Candid Infotech Private Limited reported revenue of ₹23.8 Cr (up 81% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Candid Infotech Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 266% over five years, including 81% growth in the latest year. EBITDA rose 28% 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 Candid Infotech Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹47.23 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹33.41 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 Candid Infotech Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.4% | •••• | •••• | •••• | •••• |
| 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 Candid Infotech are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Candid Infotech Private Limited
Candid Infotech Private Limited is compared with the companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Options Mobiles Private Limited | ₹23.87 Cr (FY 2019) | •••• | •••• | 1.0% | •••• | Guntur, Andhra Pradesh, India |
| Reglan Appliances Private Limited | ₹23.84 Cr (FY 2017) | •••• | •••• | 15.0% | •••• | Kolkata, West Bengal, India |
| Katsons Technologies Private Limited | ₹23.81 Cr (FY 2025) | •••• | •••• | -67.0% | •••• | Dehradun, Uttarakhand, India |
| Smartcool Systems Private Limited | ₹23.81 Cr (FY 2025) | •••• | •••• | 16.0% | •••• | Mohali, Punjab, India |
| Srishti Mobiles Private Limited | ₹23.8 Cr (FY 2025) | •••• | •••• | 20.0% | •••• | New Delhi, Delhi, India |
| Candid Infotech Private Limited this company | ₹23.8 Cr (FY 2024) | •••• | •••• | 81.0% | •••• | New Delhi, Delhi, India |
| Apex Electroworld Private Limited | ₹23.79 Cr (FY 2025) | •••• | •••• | -24.0% | •••• | Ludhiana, Punjab, India |
| Khalsa Cellular Private Limited | ₹23.73 Cr (FY 2025) | •••• | •••• | 311.0% | •••• | Ajmer, Rajasthan, India |
| Tokyo-Japan Centre Private Limited | ₹23.68 Cr (FY 2023) | •••• | •••• | 7910.0% | •••• | Hyderabad, Telangana, India |
| Electro Lube Solutions Private Limited | ₹23.66 Cr (FY 2024) | •••• | •••• | 1.0% | •••• | Vadodara, Gujarat, India |
| Santosh Stationery Private Limited | ₹23.62 Cr (FY 2025) | •••• | •••• | -14.0% | •••• | Varanasi, Uttar Pradesh, India |
Peers are the five companies nearest above and the five nearest below Candid Infotech by revenue in the Consumer Durables industry (Electronic Appliances Retail and Distribution), 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 Candid Infotech Private Limited
Candid Infotech Private Limited is audited by SUMIT BANERJEE & ASSOCIATES for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SUMIT BANERJEE & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Candid Infotech Private Limited
Candid Infotech has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhanu Pratap Singh Also directs: BMS Wholesale LLP, BMS Organic Farmer Producer Company Limited, BMS Agri and Allied Ventures Private Limited and 4 more | Additional Director | 01 Apr 2019 | 7 Years 6 Months | Current |
| Apu Sarman Also directs: Shiva Global Projects Private Limited | Director | 01 Sep 2021 | 5 Years 1 Months | Current |
Ownership and Shareholding of Candid Infotech Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Candid Infotech Private Limited
Candid Infotech Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Candid Infotech Private Limited
Candid Infotech Private Limited has a workforce of 0 employees as of Apr 02, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
CIN History of Candid Infotech Private Limited
Candid Infotech has one previous CIN (Corporate Identification Number): U72900DL2000PTC103928. The current CIN is U74110DL2000PTC103928, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74110DL2000PTC103928 | Current |
| U72900DL2000PTC103928 | Previous |
Recent Activity on Candid Infotech Private Limited
Candid Infotech Private Limited has 8 board changes on record since 2018: 2 appointments and 6 cessations. The latest: Manisha Kandra ceased to be Additional Director on 24 Sep 2021.
Credit Ratings, Litigation & Regulatory Alerts for Candid Infotech Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Candid Infotech Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Candid Infotech Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Candid Infotech Private Limited
Candid Infotech has 3 GST registrations: 3 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AACCC1871E1ZV | Uttar Pradesh | Active | 10 May 2019 |
| 22AACCC1871E1Z7 | Chhattisgarh | Active | 12 Oct 2020 |
| 08AACCC1871E1ZX | Rajasthan | Active | 09 Dec 2020 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Candid Infotech Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Candid Infotech Private Limited
Candid Infotech is an active private limited company based in New Delhi, Delhi, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 23 February 2000 (26+ years old) and is registered under CIN U74110DL2000PTC103928.
Candid Infotech reported revenue of ₹23.8 Cr for FY 2024 (up 81% YoY).
Candid Infotech has 2 current directors:
- Bhanu Pratap Singh - Additional Director
- Apu Sarman - Director
Candid Infotech reported a net profit of ₹33.41 Lakh (net margin 1.4%) and EBITDA of ₹47.23 Lakh (EBITDA margin 2%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Candid Infotech is 29% over three years and 266% over five years. In the latest year (FY 2024) revenue rose 81%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Candid Infotech is 09AACCC1871E1ZV, registered in Uttar Pradesh. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 22AACCC1871E1Z7 (Chhattisgarh), 08AACCC1871E1ZX (Rajasthan).
The CIN (Corporate Identification Number) of Candid Infotech is U74110DL2000PTC103928. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Candid Infotech was incorporated on 23 February 2000, making it 26+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Candid Infotech by revenue are Options Mobiles Private Limited, Reglan Appliances Private Limited, Katsons Technologies Private Limited, Smartcool Systems Private Limited, Srishti Mobiles Private Limited and 5 more, all in the Consumer Durables industry (Electronic Appliances Retail and Distribution).
Manisha Kandra ceased to be Additional Director on 24 Sep 2021. Apu Sarman was appointed as Director on 01 Sep 2021. Apu Sarman ceased to be Ceo(Kmp) on 07 Aug 2021. Candid Infotech has 8 board changes on record in total.
Candid Infotech can be reached through the website candidinfotech.com. Its registered office is in New Delhi, Delhi, India.