- Category
- Small (2024-25)
- Udyam number
- UDYAM-DL-09-0002840

Candid Manpower Solutions Private Limited
About Candid Manpower Solutions Private Limited
Data last updated:
Candid Manpower Solutions Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 18 April 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74140DL2007PTC162256. Its GSTIN is 07AADCC0487B1Z2 (Delhi). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Nidhi Amit Chauhan and Hansa Datt.
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 Flat No. 103 First Floor H. No. 1055/1, Hillview Apartment Ward No 7 Mehrauli, New Delhi, Delhi, India – 110030.
As per the financials filed for FY 2024, the company reported a revenue of ₹8.21 Cr, a decline of 25% compared to the previous year. For the same year it recorded a net profit of ₹2.36 Lakh (net margin 0.3%) and EBITDA of ₹35.48 Lakh (EBITDA margin 4.3%). Revenue has grown at a compounded annual rate (CAGR) of 33% over three years and 20% over five years.
The company has about 101 employees on its provident fund (EPFO) records.
Candid Manpower Solutions Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-09-0002840). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Candid Manpower Solutions
Contact details
Candid Manpower Solutions Private Limited's registered office is in New Delhi, Delhi. Its e-mail address is in the company report.
- Email
- Registered AddressFlat No. 103 First Floor H. No. 1055/1, Hillview Apartment Ward No 7 Mehrauli, New Delhi, Delhi, India – 110030
- IndustryBusiness Outsourcing, HR Outsourcing & Talent Management
To see the full contact details of Candid Manpower Solutions 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
Business activity
The main business activity of Candid Manpower Solutions is support service to organizations. In detail, this covers placement agencies and hr management services and rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N2 | Placement agencies and HR management services | |
| N | Support service to Organizations | N1 | Rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities |
To see the full business activity and turnover split of Candid Manpower Solutions Private Limited, buy the company report.
Financials of Candid Manpower Solutions Private Limited
FY 2025 filings availableCandid Manpower Solutions Private Limited reported revenue of ₹8.21 Cr (down 25% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 25% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 20%. EBITDA rose 44% 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
| 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 | ₹35.48 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.36 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.3% | ||||
| Net Profit Margin | 0.3% | ||||
| 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 | |||||
To see the full financial statements and ratios of Candid Manpower Solutions Private Limited, buy the company report.
Board of directors of Candid Manpower Solutions Private Limited
Candid Manpower Solutions has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nidhi Amit Chauhan | Director | 25 Oct 2014 | 11 Years 11 Months | Current |
| Hansa Datt | Director | 18 Apr 2007 | 19 Years 6 Months | Current |
Peer comparison
Candid Manpower Solutions Private Limited is compared with the 3 companies closest to it by revenue in the Outsourcing industry (HR Outsourcing), with the same principal business activity (placement agencies and hr management services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Proximo Techsoft Private Limited | ₹8.22 Cr (FY 2019) | 88.0% | Bangalore, Karnataka, India | |||
| Supreme Commercial Enterprises Limited | ₹8.21 Cr (FY 2025) | 28.0% | New Delhi, Delhi, India | |||
| Candid Manpower Solutions Private Limitedthis company | ₹8.21 Cr (FY 2024) | ₹2.36 Lakh | 0.3% | -25.0% | 101 | New Delhi, Delhi, India |
| Vyze Software Solutions Private Limited | ₹8.19 Cr (FY 2025) | 44.0% | Rajnagar, Odisha, India |
To see the full peer comparison of Candid Manpower Solutions Private Limited, buy the company report.
Auditor
Candid Manpower Solutions Private Limited is audited by SOMBIR KATARIA & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SOMBIR KATARIA & ASSOCIATES | FY 2021 | 035908N |
Shareholding
The shareholding of Candid Manpower Solutions Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Candid Manpower Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Candid Manpower Solutions 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 Candid Manpower Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Candid Manpower Solutions Private Limited has a workforce of 101 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
Candid Manpower Solutions has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AADCC0487B1Z2 | Delhi | Active | 05 Nov 2019 |
| 06AADCC0487B1Z4 | Haryana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Candid Manpower Solutions Private Limited, buy the company report.
Recent activity
Candid Manpower Solutions Private Limited has 4 board changes on record since 2007: 2 appointments and 2 cessations. The latest: Nidhi Amit Chauhan ceased to be Additional Director on 30 Sep 2015.
Frequently asked questions
Candid Manpower Solutions is an active private limited company based in New Delhi, Delhi, India. The company works in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 18 April 2007 (19+ years old) and is registered under CIN U74140DL2007PTC162256.
Candid Manpower Solutions has 2 current directors:
- Nidhi Amit Chauhan - Director
- Hansa Datt - Director
The latest financial statements of Candid Manpower Solutions 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 2015 are in the company report.
The GSTIN of Candid Manpower Solutions is 07AADCC0487B1Z2, registered in Delhi. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 06AADCC0487B1Z4 (Haryana).
The CIN (Corporate Identification Number) of Candid Manpower Solutions is U74140DL2007PTC162256. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Candid Manpower Solutions was incorporated on 18 April 2007, making it 19+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Candid Manpower Solutions by revenue are Proximo Techsoft Private Limited, Supreme Commercial Enterprises Limited, Vyze Software Solutions Private Limited, all in the Outsourcing industry (HR Outsourcing), with the same principal business activity (placement agencies and hr management services).
Nidhi Amit Chauhan ceased to be Additional Director on 30 Sep 2015. Arun Bansal ceased to be Director on 25 Oct 2014. Nidhi Amit Chauhan was appointed as Director on 25 Oct 2014. Candid Manpower Solutions has 4 board changes on record in total.
Yes, Candid Manpower Solutions is registered as a small enterprise under Udyam registration (number: UDYAM-DL-09-0002840).
The registered office of Candid Manpower Solutions is at Flat No. 103 First Floor H. No. 10551, Hillview Apartment Ward No 7 Mehrauli, New Delhi, Delhi, India – 110030.
Candid Manpower Solutions operates in the business outsourcing industry, in the HR outsourcing and talent management segment.