Candid Software Private Limited

Candid Software Private Limited - information technology in Uttar Pradash, Uttar Pradesh, India. FY 2026 financials & compliance.
CIN U72300UP1999PTC024927 Incorporated 29 November 1999 ROC Uttar Pradesh HQ Uttar Pradash, Uttar Pradesh, India
Active Private Limited Company information technology
Data last updated
Revenue · FY 2024
₹1.79 Cr
▲ 13% YoY
Net profit · FY 2024
₹2.49 Lakh
Net margin 1.4%
EBITDA · FY 2024
₹5.4 Lakh
EBITDA margin 3%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹8.85 Lakh
Issued & subscribed
Open charges
₹73.99 Lakh
Secured borrowings
Company age
27 yrs
Est. 1999
Directors on board
2
As per MCA filings

About Candid Software Private Limited

Data last updated:

Candid Software Private Limited is a private limited company based in Uttar Pradash, Uttar Pradesh, India. It operates in the web design and maintenance services segment of the technology and IT services sector. It was incorporated on 29 November 1999 and has been in existence for over 27 years.

The company is registered with the Registrar of Companies (ROC), Uttar Pradesh, under CIN U72300UP1999PTC024927. Its GSTIN is 09AABCC6692G1ZF (Uttar Pradesh).

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹8.85 Lakh. It is led by directors Anjana Kaushal and Garima Sareen.

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 21 New Mohan Puri Meerut, Uttar Pradash, Uttar Pradesh, India – 250001.

As per the financials filed for FY 2024, the company reported a revenue of ₹1.79 Cr, a growth of 13% compared to the previous year. For the same year it recorded a net profit of ₹2.49 Lakh (net margin 1.4%) and EBITDA of ₹5.4 Lakh (EBITDA margin 3%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years and 6% over five years.

The company is associated with 1 brand: Candidinfo. As per MCA filings, the company has open charges of ₹73.99 Lakh 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 candidinfo.com.

Company Details of Candid Software Private Limited
CIN U72300UP1999PTC024927
Registration Number 024927
Incorporation Date 29 November 1999
ROC Uttar Pradesh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
  • Registered Address
    21 New Mohan Puri Meerut, Uttar Pradash, Uttar Pradesh, India – 250001
  • Industry
    Information Technology, Web Design & Maintenance Services
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Financials, compliance, directors, charges, ownership and filings for Candid Software Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Business Activity of Candid Software Private Limited

The main business activity of Candid Software is information and communication. In detail, this covers other information & communication service activities.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
JInformation and communicationJ8Other information & communication service activitiesLocked
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Business activity turnover details

Turnover share and past changes in activity are in the company report.

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Financials of Candid Software Private Limited FY 2025 filings available

Candid Software Private Limited reported revenue of ₹1.79 Cr (up 13% YoY) for FY 2024.

Revenue · FY 2024
₹1.79 Cr ▲ 13%
Net profit · FY 2024
₹2.49 Lakh margin 1.4%
EBITDA · FY 2024
₹5.4 Lakh margin 3%

Compounded Annual Growth Rate (CAGR) of Candid Software Private Limited

Revenue CAGR growth
1 year
▲ 13%
3 years · compounded
▲ 18%
5 years · compounded
▲ 6%
EBITDA CAGR growth
1 year
▼ 12%
3 years · compounded
▲ 18%
5 years · compounded
▲ 25%

Revenue has grown at a compounded annual rate (CAGR) of 6% over five years, including 13% growth in the latest year. EBITDA fell 12% 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 Software Private Limited

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₹5.4 Lakh••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)₹2.49 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 Software Private Limited

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin3%••••••••••••••••
Net Profit Margin1.4%••••••••••••••••
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 Software are in the company report.

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Financial statements from 2015

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Peer Comparison of Candid Software Private Limited

Candid Software Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Website Design and Maintenance). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Arp Softtech Private Limited₹1.83 Cr (FY 2025)••••••••33.0%••••Gautam Buddha Nagar, Uttar Pradesh, India
Power IT Services Private Limited₹1.82 Cr (FY 2024)••••••••-56.0%••••Chennai, Tamil Nadu, India
E-Scedar India Private Limited₹1.82 Cr (FY 2025)••••••••56.0%••••Pune, Maharashtra, India
Letspie Entertainment Private Limited₹1.82 Cr (FY 2020)••••••••77614.0%••••Mumbai, Maharashtra, India
Avik Technologies Private Limited₹1.81 Cr (FY 2024)••••••••6.0%••••Jaipur, Rajasthan, India
Candid Software Private Limited this company₹1.79 Cr (FY 2024)••••••••13.0%••••Uttar Pradash, Uttar Pradesh, India
Xtreme Online Solutions Private Limited₹1.79 Cr (FY 2025)••••••••-10.0%••••Trivandrum, Kerala, India
Weboapp Discovery Private Limited₹1.79 Cr (FY 2025)••••••••69.0%••••Panchkula, Haryana, India
Gammel Munk Private Limited₹1.79 Cr (FY 2022)••••••••46.0%••••Delhi, India
Webji Hosting Private Limited₹1.79 Cr (FY 2024)••••••••18.0%••••Jaipur, Rajasthan, India
Suimuis Consulting Services Private Limited₹1.78 Cr (FY 2024)••••••••106.0%••••Borivali West, Maharashtra, India

Peers are the five companies nearest above and the five nearest below Candid Software by revenue in the Information Technology industry (Website Design and Maintenance), 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 Software Private Limited

Candid Software Private Limited is audited by J P N G A & COMPANY for the financial year 2020.

NameStatusAppointment DateCessation Date
J P N G A & COMPANYLockedLockedLocked
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Board of Directors of Candid Software Private Limited

Candid Software has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Anjana KaushalDirector29 Nov 199926 Years 10 MonthsCurrent
Garima SareenDirector31 Mar 201511 Years 6 MonthsCurrent

Ownership and Shareholding of Candid Software Private Limited

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Charges & Borrowings of Candid Software Private Limited

Open charges
₹73.99 Lakh
Satisfied charges
None
Breakdown by lending institutions
Icici Bank Limited₹0.56 Cr
Hdfc Bank Limited₹0.18 Cr
Latest charge details
DateLenderAmountStatus
16 Jan 2025Hdfc Bank Limited₹17.99 LakhOpen
10 Jul 2012Icici Bank Limited₹56 LakhOpen

Total charge records: 2 View all charges

Associated Brands with Candid Software Private Limited

Candid Software operates one associated brand: Candidinfo. Each brand links to its own profile.

BrandDescriptionWebsite
Offers web design, mobile app development, and IT outsourcing services.candidinfo.com

Employees and EPFO Compliance at Candid Software Private Limited

Employment history and EPFO contributions of people linked to Candid Software.

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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Recent Activity on Candid Software Private Limited

Candid Software Private Limited has 4 board changes on record since 1999: 2 appointments and 2 cessations. The latest: Garima Sareen ceased to be Additional Director on 31 Dec 2020.

AGM
Candid Software Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Candid Software Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Uttar Pradesh Ii.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 17.99 Lakh with Charge ID 101034900 was registered on 16 Jan 2025.
Ceased
Garima Sareen ceased to be Additional Director.
Ceased
Navneet Kaushal ceased to be Director.
Appointed
Garima Sareen was appointed as Director.
Charges
A charge with Icici Bank Limited amounted to Rs. 56.00 Lakh with Charge ID 10368107 was registered on 10 Jul 2012.
Appointed
Anjana Kaushal was appointed as Director.
Incorporation
29 Nov 1999
Candid Software Private Limited was registered on 29 Nov 1999 with Roc Uttar Pradesh Ii & aged 26 years 10 months as per MCA records.

Credit Ratings, Litigation & Regulatory Alerts for Candid Software Private Limited

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MSME Payment Delays by Candid Software Private Limited

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Subsidiaries & Group Companies of Candid Software Private Limited

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GST Compliance of Candid Software Private Limited

Candid Software has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
09AABCC6692G1ZFUttar PradeshActive01 Jul 2017
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MCA Filings & Documents of Candid Software Private Limited

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Frequently Asked Questions about Candid Software Private Limited

Candid Software is an active private limited company based in Uttar Pradash, Uttar Pradesh, India. The company works in web design and maintenance services, within the information technology industry. It was incorporated on 29 November 1999 (27+ years old) and is registered under CIN U72300UP1999PTC024927.

Candid Software reported revenue of ₹1.79 Cr for FY 2024 (up 13% YoY).

Candid Software has 2 current directors:

Candid Software reported a net profit of ₹2.49 Lakh (net margin 1.4%) and EBITDA of ₹5.4 Lakh (EBITDA margin 3%) for FY 2024, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of Candid Software is 18% over three years and 6% over five years. In the latest year (FY 2024) revenue rose 13%. CAGR is the steady yearly rate that links the first and the last year.

The GSTIN of Candid Software is 09AABCC6692G1ZF, registered in Uttar Pradesh.

The CIN (Corporate Identification Number) of Candid Software is U72300UP1999PTC024927. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Candid Software was incorporated on 29 November 1999, making it 27+ years old. It is registered with the Registrar of Companies, Uttar Pradesh.

The peers of Candid Software by revenue are Arp Softtech Private Limited, Power IT Services Private Limited, E-Scedar India Private Limited, Letspie Entertainment Private Limited, Avik Technologies Private Limited and 5 more, all in the Information Technology industry (Website Design and Maintenance).

Garima Sareen ceased to be Additional Director on 31 Dec 2020. Navneet Kaushal ceased to be Director on 01 Apr 2015. Garima Sareen was appointed as Director on 31 Mar 2015. Candid Software has 4 board changes on record in total.

Candid Software can be reached through the website candidinfo.com. Its registered office is in Uttar Pradash, Uttar Pradesh, India.

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