About Candid Resources Limited
Data last updated:
Candid Resources Limited is a public limited company based in New, Delhi, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 23 November 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74140DL2005PLC142848. Its GSTIN is 07AACCC7103K1ZT (Delhi).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹40 Lakh. It was formerly known as Candid Resources Private Limited and Candid Wealth Management Private Limited. It is led by directors including Mukesh Kumar Agarwal and Soumya Kanta Padhi.
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 Suite No.2 Ground Floor, Plot No.23 Block – 127 Hanuman Road, New, Delhi, India – 110001.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.22 Cr, a decline of 14% compared to the previous year. For the same year it recorded a net profit of ₹19.79 Lakh (net margin 16.2%) and EBITDA of ₹26.46 Lakh (EBITDA margin 21.7%). Revenue has grown at a compounded annual rate (CAGR) of 104% over three years and 84% over five years.
Court records list 11 cases involving the company, including 6 filed by the company and 5 filed against it; 5 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website candidlex.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressSuite No.2 Ground Floor, Plot No.23 Block – 127 Hanuman Road, New, Delhi, India – 110001
- IndustryFinancial Services, Diversified Financial Services
- 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
Name History of Candid Resources Limited
Candid Resources has undergone 2 name changes throughout its history. The company was previously known as Candid Resources Private Limited, and Candid Wealth Management Private Limited. The current legal name is Candid Resources Limited.
| Company Name | Status |
|---|---|
| Candid Resources Limited | Current |
| Candid Resources Private Limited | Previous |
| Candid Wealth Management Private Limited | Previous |
CIN History of Candid Resources Limited
Candid Resources has one previous CIN (Corporate Identification Number): U74140DL2005PTC142848. The current CIN is U74140DL2005PLC142848, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74140DL2005PLC142848 | Current |
| U74140DL2005PTC142848 | Previous |
Business Activity of Candid Resources Limited
The main business activity of Candid Resources is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services | 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.
Auditor Details of Candid Resources Limited
Candid Resources Limited is audited by R C AGARWAL & CO for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| R C AGARWAL & CO | 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 Resources Limited
Candid Resources has 3 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mukesh Kumar Agarwal Also directs: Jainex Finance Limited, Jindal Industries Private Limited | Director | 10 Apr 2020 | 6 Years 5 Months | Current |
| Soumya Kanta Padhi Also directs: Rcindo Infotech Private Limited, Indorient Financial Services Limited, Urjja Advisors & Consultants LLP and 4 more | Director | 23 Mar 2020 | 6 Years 6 Months | Current |
| Dinesh Kumar Agrawal Also directs: Signature Vardan Wealth Partners LLP, Indorient Enterprises LLP, Peyuh Global LLP and 5 more | Director | 25 Aug 2017 | 9 Years 1 Months | Current |
Financials of Candid Resources Limited FY 2024 filings available
Candid Resources Limited reported revenue of ₹1.22 Cr (down 14% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Candid Resources Limited
Revenue fell 14% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 84%. EBITDA rose 293% 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 Resources 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 | ₹26.46 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹19.79 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 Resources Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 21.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 16.2% | •••• | •••• | •••• | •••• |
| 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 Resources 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.
Ownership and Shareholding of Candid Resources 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 Resources Limited
Candid Resources Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Candid Resources Limited
Employment history and EPFO contributions of people linked to Candid Resources.
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.
GST Compliance of Candid Resources Limited
Candid Resources has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AACCC7103K1ZT | Delhi | Active | 17 Jul 2018 |
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.
Legal Cases of Candid Resources Limited
Candid Resources Limited has 11 court cases on record: 6 filed by Candid Resources, 5 filed against it. 5 cases are pending and 6 are disposed. Status as checked between 21 Sep 2026 and 05 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLAT | 6 | 4 | 5 |
| District courts | 4 | 0 | 0 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, New Delhi | Insolvency matter | Filed against the company by Hythro Power Corporation Limited | Pending |
| NCLAT, New Delhi | Interim or miscellaneous application | Filed by the company against Hythro Power Corporation Limited and 10 others | Pending |
| NCLAT, New Delhi | Insolvency matter | Filed by the company against Union Bank of India Limited and 4 others | Disposed |
| District court, East, Delhi | Criminal case | Filed by the company against Tempo Appliances Private Limited | Disposed |
| NCLAT, New Delhi | Interim or miscellaneous application | Filed against the company by Committee of Creditors of Hythro Power Corporation Limited | Pending |
Full case history
All 11 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit Ratings, Litigation & Regulatory Alerts for Candid Resources 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 Resources 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 Resources 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.
MCA Filings & Documents of Candid Resources 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.
Recent Activity on Candid Resources Limited
Frequently Asked Questions about Candid Resources Limited
Candid Resources is an active public limited company based in New, Delhi, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 23 November 2005 (21+ years old) and is registered under CIN U74140DL2005PLC142848.
Candid Resources reported revenue of ₹1.22 Cr for FY 2024 (down 14% YoY).
Candid Resources has 3 current directors:
- Mukesh Kumar Agarwal - Director
- Soumya Kanta Padhi - Director
- Dinesh Kumar Agrawal - Director
Candid Resources reported a net profit of ₹19.79 Lakh (net margin 16.2%) and EBITDA of ₹26.46 Lakh (EBITDA margin 21.7%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Candid Resources is 104% over three years and 84% over five years. In the latest year (FY 2024) revenue fell 14%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Candid Resources is 07AACCC7103K1ZT, registered in Delhi.
The CIN (Corporate Identification Number) of Candid Resources is U74140DL2005PLC142848. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Candid Resources has 11 court cases on record: 6 filed by the company and 5 filed against it. 5 are pending. Most are in the nclat.
Candid Resources was incorporated on 23 November 2005, making it 21+ years old. It is registered with the Registrar of Companies, Delhi.