About Candor Biotech Limited
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Candor Biotech Limited is a public limited company based in Chandigarh, India. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 10 July 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U24232CH2002PLC025265. Its GSTIN is 03AABCC8889K1Z7 (Punjab). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1.7 Cr and a paid-up capital of ₹91.04 Lakh. It is led by directors including Amarjit Singh (Managing Director) and Maninder Kaur.
Its last annual general meeting (AGM) was held on 30 September 2015, and its latest financial statements are for the year ended 31 March 2015. The registered office is at SCO 66 Sector 32 C Chandigarh, Chandigarh, India – 160032.
As per the financials filed for FY 2015, the company reported a revenue of ₹11.73 Cr, a decline of 42% compared to the previous year. For the same year it recorded a net loss of ₹7.09 Lakh (net margin -0.6%) and EBITDA of ₹1.04 Cr (EBITDA margin 8.8%). Revenue has declined at a compounded annual rate (CAGR) of 11% over three years.
As per MCA filings, the company has open charges of ₹7.1 Lakh and satisfied charges of ₹10.21 Cr on record. Court records list 22 cases involving the company, including 3 filed by the company and 14 filed against it; 4 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website candorindia.com.
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- Website
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- Registered AddressSCO 66 Sector 32 C Chandigarh, Chandigarh, India – 160032
- IndustryPharma, Drug Formulation & Development
- 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
Financials of Candor Biotech Limited FY 2015 filings available
Candor Biotech Limited reported revenue of ₹11.73 Cr (down 42% YoY) for FY 2015.
Compounded Annual Growth Rate (CAGR) of Candor Biotech Limited
Revenue has declined at a compounded annual rate (CAGR) of 11% over three years, including a 42% fall in the latest year. EBITDA fell 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 of Candor Biotech Limited
| Metrics | FY 2014-15 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | •••• |
| Other Income | •••• |
| Total Revenue | ₹11.73 Cr |
| Cost of Materials Consumed | •••• |
| Employee Benefit Expense | •••• |
| Finance Costs | •••• |
| Depreciation and Amortisation | •••• |
| Other Expenses | •••• |
| Total Expenses | •••• |
| EBITDA | ₹1.04 Cr |
| Profit Before Tax | •••• |
| Tax Expense | •••• |
| Net Profit (PAT) | -₹7.09 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 Candor Biotech Limited
| Metrics | FY 2014-15 |
|---|---|
| Profitability | |
| EBITDA Margin | 8.8% |
| Net Profit Margin | -0.6% |
| 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 Candor Biotech 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.
Board of Directors of Candor Biotech Limited
Candor Biotech has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Maninder Kaur | Director | 16 Feb 2005 | 21 Years 8 Months | Current |
| Amarjit Singh Also directs: Candor Lifesciences Limited | Managing Director | 10 Jul 2002 | 24 Years 3 Months | Current |
| Surinder Singh | Additional Director | 14 Jun 2019 | 7 Years 4 Months | Current |
Auditor Details of Candor Biotech Limited
Candor Biotech Limited is audited by AVNISH SHARMA & ASSOCIATES for the financial year 2015.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| AVNISH SHARMA & ASSOCIATES | 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.
Ownership and Shareholding of Candor Biotech 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 Candor Biotech Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 07 Aug 2008 | Director of Industries Himachal Pradesh Through General Manager District Industries Centre | ₹7.1 Lakh | Open |
| 10 Jun 2014 | Punjab National Bank | ₹30 Lakh | Satisfied |
| 17 Jan 2014 | Punjab National Bank | ₹20 Lakh | Satisfied |
| 11 Jun 2013 | Punjab National Bank | ₹20 Lakh | Satisfied |
| 29 Oct 2010 | Punjab National Bank | ₹60 Lakh | Satisfied |
Total charge records: 11 View all charges
Legal Cases of Candor Biotech Limited
Candor Biotech Limited has 22 court cases on record: 3 filed by Candor Biotech, 14 filed against it, 5 where it is another party. 4 cases are pending and 18 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 18 | 14 | 3 |
| High courts | 4 | 0 | 1 |
Cases on record (5 of 22)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Punjab and Haryana | Writ petition | Filed by the company against The Oriental Insurance Company Limited | Pending |
| District court, SAS Nagar, Punjab | Civil suit | Filed against the company by Unisharp Organics Private Limited | Disposed |
| District court, Chandigarh | Cheque dishonour complaint | Filed against the company by Icici Bank Limited | Disposed |
| District court, Chandigarh | Cheque dishonour complaint | Filed against the company by Bibby Financial Services (India) Private Limited | Disposed |
| District court, Nuh, Haryana | Commercial suit | Company is another party | Pending |
Full case history
All 22 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.
Employees and EPFO Compliance at Candor Biotech Limited
Candor Biotech Limited has a workforce of 0 employees as of Mar 29, 2025.
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.
Recent Activity on Candor Biotech Limited
Candor Biotech Limited has 10 board changes on record since 2002: 3 appointments and 7 cessations. The latest: Surinder Singh was appointed as Additional Director on 14 Jun 2019.
27 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Candor Biotech 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 Candor Biotech 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 Candor Biotech 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.
GST Compliance of Candor Biotech Limited
Candor Biotech has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AABCC8889K1Z7 | Punjab | Active | 01 Jul 2017 |
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.
MCA Filings & Documents of Candor Biotech 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.
Frequently Asked Questions about Candor Biotech Limited
Candor Biotech is an active public limited company based in Chandigarh, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 10 July 2002 (24+ years old) and is registered under CIN U24232CH2002PLC025265.
Candor Biotech reported revenue of ₹11.73 Cr for FY 2015 (down 42% YoY).
Candor Biotech has 3 current directors:
- Amarjit Singh - Managing Director
- Maninder Kaur - Director
- Surinder Singh - Additional Director
Candor Biotech reported a net loss of ₹7.09 Lakh (net margin -0.6%) and EBITDA of ₹1.04 Cr (EBITDA margin 8.8%) for FY 2015, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Candor Biotech is -11% over three years. In the latest year (FY 2015) revenue fell 42%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Candor Biotech is 03AABCC8889K1Z7, registered in Punjab. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Candor Biotech is U24232CH2002PLC025265. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Candor Biotech has 22 court cases on record: 3 filed by the company and 14 filed against it. 4 are pending. Most are in the district courts.
Candor Biotech was incorporated on 10 July 2002, making it 24+ years old. It is registered with the Registrar of Companies, Chandigarh.
Surinder Singh was appointed as Additional Director on 14 Jun 2019. Harjit Singh ceased to be Whole-Time Director on 27 Dec 2018. Madhu Chand Singh ceased to be Director on 09 Sep 2015. Candor Biotech has 10 board changes on record in total.