Candid Manpower Solutions Private Limited

Candid Manpower Solutions Private Limited - business outsourcing in New Delhi, Delhi, India. FY 2026 financials & compliance.
CIN U74140DL2007PTC162256 Incorporated 18 April 2007 ROC Delhi HQ New Delhi, Delhi, India
Active Private Limited Company business outsourcing MSME · Small
Data last updated
Revenue · FY 2024
₹8.21 Cr
▼ 25% YoY
Net profit · FY 2024
₹2.36 Lakh
Net margin 0.3%
EBITDA · FY 2024
₹35.48 Lakh
EBITDA margin 4.3%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
19 yrs
Est. 2007
Employees · EPFO
101
Provident fund records
Directors on board
2
As per MCA filings

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

CIN U74140DL2007PTC162256
Registration Number 162256
Incorporation Date 18 April 2007
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-DL-09-0002840

Recognitions & Rankings of Candid Manpower Solutions

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-DL-09-0002840

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 Address
    Flat No. 103 First Floor H. No. 1055/1, Hillview Apartment Ward No 7 Mehrauli, New Delhi, Delhi, India – 110030
  • Industry
    Business Outsourcing, HR Outsourcing & Talent Management

To see the full contact details of Candid Manpower Solutions Private Limited, buy the company report.

Comprehensive company report
Candid Manpower Solutions Private Limited - one report that includes everything
  • 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
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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 codeMain activityBusiness activity codeBusiness activityShare of turnover
NSupport service to OrganizationsN2Placement agencies and HR management services
NSupport service to OrganizationsN1Rental 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 available

Candid Manpower Solutions Private Limited reported revenue of ₹8.21 Cr (down 25% YoY) for FY 2024.

Revenue · FY 2024
₹8.21 Cr ▼ 25%
Net profit · FY 2024
₹2.36 Lakh margin 0.3%
EBITDA · FY 2024
₹35.48 Lakh margin 4.3%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 25%
3 years · compounded
▲ 33%
5 years · compounded
▲ 20%
EBITDA CAGR growth
1 year
▲ 44%
3 years · compounded
▲ 16%
5 years · compounded
▲ 43%

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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin4.3%
Net Profit Margin0.3%
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.

Current Directors
NameDesignationAppointment DateTenureStatus
Nidhi Amit ChauhanDirector25 Oct 201411 Years 11 MonthsCurrent
Hansa DattDirector18 Apr 200719 Years 6 MonthsCurrent

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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
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 Lakh0.3%-25.0%101New 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 firmFinancial yearFirm registration number
SOMBIR KATARIA & ASSOCIATESFY 2021035908N

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 categoryFY 2021FY 2020FY 2019FY 2017FY 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.

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.

Employee count
101
Active EPFO establishments
1
Employee growth
-40.24%

GST

Candid Manpower Solutions has 2 GST registrations: 2 active.

Total GSTINs
2
Active
2
GSTINStateStatusRegistered on
07AADCC0487B1Z2DelhiActive05 Nov 2019
06AADCC0487B1Z4HaryanaActive01 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.

AGM
Candid Manpower Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Candid Manpower Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi I.
Ceased
Nidhi Amit Chauhan ceased to be Additional Director.
Ceased
Arun Bansal ceased to be Director.
Appointed
Nidhi Amit Chauhan was appointed as Director.
Appointed
Hansa Datt was appointed as Director.
Incorporation
18 Apr 2007
Candid Manpower Solutions Private Limited was registered on 18 Apr 2007 with Roc Delhi I & aged 19 years 6 months as per MCA records.

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:

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.