About Candid Power Systems Private Limited
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Candid Power Systems Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the wind energy solutions segment of the environmental services sector. It was incorporated on 15 September 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U40109TN2009PTC072918.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.85 Lakh. It is led by directors Gayathri Baskaran and Nandakumar Baskaran.
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 Plot No.4285 U 86 Anna Nagar, Chennai, Tamil Nadu, India – 600040.
As per the financials filed for FY 2025, the company reported a revenue of ₹87.72 Lakh, a growth of 18% compared to the previous year. For the same year it recorded a net profit of ₹35.64 Lakh (net margin 40.6%) and EBITDA of ₹42.23 Lakh (EBITDA margin 48.1%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 4% over five years.
As per MCA filings, the company has open charges of ₹6 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 candidgroup.com.
Company details
Contact details
Candid Power Systems Private Limited's registered office is in Chennai, Tamil Nadu. Its website is candidgroup.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressPlot No.4285 U 86 Anna Nagar, Chennai, Tamil Nadu, India – 600040
- IndustryEnvironment, Wind Energy Solutions
To see the full contact details of Candid Power Systems 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 Power Systems is electricity, gas, steam and air condition supply. In detail, this covers electric power generation, transmission and distribution.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution |
To see the full business activity and turnover split of Candid Power Systems Private Limited, buy the company report.
Financials of Candid Power Systems Private Limited
FY 2025 filings availableCandid Power Systems Private Limited reported revenue of ₹87.72 Lakh (up 18% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 4% over five years, including 18% growth in the latest year. EBITDA rose 21% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹42.23 Lakh | ||||
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| Net Profit (PAT) | ₹35.64 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 48.1% | ||||
| Net Profit Margin | 40.6% | ||||
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To see the full financial statements and ratios of Candid Power Systems Private Limited, buy the company report.
Board of directors of Candid Power Systems Private Limited
Candid Power Systems has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gayathri Baskaran Also directs: Candid Green Energy Private Limited | Director | 15 Sep 2009 | 17 Years 1 Months | Current |
| Nandakumar Baskaran Also directs: Candid Green Energy Private Limited | Director | 19 Nov 2013 | 12 Years 11 Months | Current |
Peer comparison
Candid Power Systems Private Limited is compared with the 4 companies closest to it by revenue in the Cleantech industry (Wind Power), with the same principal business activity (electric power generation, transmission and distribution), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| A.K Green Private Limited | ₹89.45 Lakh (FY 2025) | -16.0% | Tirupur, Tamil Nadu, India | |||
| Candid Power Systems Private Limitedthis company | ₹87.72 Lakh (FY 2025) | ₹35.64 Lakh | 40.6% | 18.0% | Chennai, Tamil Nadu, India | |
| NK Wind Farms (India) Private Limited | ₹87.63 Lakh (FY 2024) | 33.0% | Tiruppur, Tamil Nadu, India | |||
| Kintech Electricyaans Private Limited | ₹87.45 Lakh (FY 2025) | 5.0% | Ahmedabad, Gujarat, India | |||
| R.G.S. Green Power Private Limited | ₹87.06 Lakh (FY 2025) | -17.0% | Madurai, Tamil Nadu, India |
To see the full peer comparison of Candid Power Systems Private Limited, buy the company report.
Auditor
Candid Power Systems Private Limited is audited by N D RAJAGOPAL & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N D RAJAGOPAL & CO | FY 2020 | 005104S |
Shareholding
The shareholding of Candid Power Systems Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|
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| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Candid Power Systems Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Nov 2009 | 10188540 | State Bank of Travancore | ₹6 Cr | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Candid Power Systems 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 Power Systems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Candid Power Systems Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Candid Power Systems Private Limited has 6 board changes on record since 2009: 2 appointments and 4 cessations. The latest: Nandakumar Baskaran was appointed as Director on 19 Nov 2013.
Frequently asked questions
Candid Power Systems is an active private limited company based in Chennai, Tamil Nadu, India. The company works in wind energy solutions, within the environment industry. It was incorporated on 15 September 2009 (17+ years old) and is registered under CIN U40109TN2009PTC072918.
Candid Power Systems has 2 current directors:
- Gayathri Baskaran - Director
- Nandakumar Baskaran - Director
The latest financial statements of Candid Power Systems 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 CIN (Corporate Identification Number) of Candid Power Systems is U40109TN2009PTC072918. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Candid Power Systems was incorporated on 15 September 2009, making it 17+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Candid Power Systems by revenue are A.K Green Private Limited, NK Wind Farms (India) Private Limited, Kintech Electricyaans Private Limited, R.G.S. Green Power Private Limited, all in the Cleantech industry (Wind Power), with the same principal business activity (electric power generation, transmission and distribution).
Nandakumar Baskaran was appointed as Director on 19 Nov 2013. Purushothaman Vempalli ceased to be Additional Director on 08 Oct 2013. Rathanavelu Selvaraju ceased to be Additional Director on 08 Oct 2013. Candid Power Systems has 6 board changes on record in total.
Candid Power Systems can be reached through the website candidgroup.com. Its registered office is in Chennai, Tamil Nadu, India.
The registered office of Candid Power Systems is at Plot No.4285 U 86 Anna Nagar, Chennai, Tamil Nadu, India – 600040.
Candid Power Systems operates in the environment industry, in the wind energy solutions segment.
Candid Power Systems has open charges of ₹6 Cr and no satisfied charges on record as per latest MCA filings.