MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MP-23-0017874
Candor Textiles Private Limited - manufacturing in Indore, Madhya Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹85.69 Cr
▲ 11% YoY
Net profit · FY 2025
₹2.96 Cr
Net margin 3.5%
EBITDA · FY 2025
₹9.65 Cr
EBITDA margin 11.3%
Authorised capital
₹3 Cr
Registered with MCA
Paid-up capital
₹2.22 Cr
Issued & subscribed
Open charges
₹62.77 Cr
Satisfied ₹7.12 Cr
Company age
29 yrs
Est. 1997
Employees · EPFO
327
Provident fund records
About Candor Textiles Private Limited
Data last updated:
Candor Textiles Private Limited is a private limited company based in Indore, Madhya Pradesh, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 28 February 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U51109MP1997PTC011693. Its GSTIN is 23AACCC5572C1Z3 (Madhya Pradesh). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.22 Cr. It was formerly known as Dakshineshwari Fabrics Private Limited and Arve Impex Private Limited. It is led by directors including Kalpana Somani (Whole-Time Director) and Suryansh Somani (Whole-Time Director).
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 Indore, Madhya Pradesh.
As per the financials filed for FY 2025, the company reported a revenue of ₹85.69 Cr, a growth of 11% compared to the previous year. For the same year it recorded a net profit of ₹2.96 Cr (net margin 3.5%) and EBITDA of ₹9.65 Cr (EBITDA margin 11.3%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 10% over five years.
The company has about 327 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Candor Textiles. As per MCA filings, the company has open charges of ₹62.77 Cr and satisfied charges of ₹7.12 Cr on record. Court records list 9 cases involving the company, including 3 filed by the company and 6 filed against it; 1 case is pending.
Candor Textiles Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MP-23-0017874). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website candortextiles.com.
Company details
CIN U51109MP1997PTC011693
Registration Number 011693
Incorporation Date 28 February 1997
ROC Gwalior
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 Medium
Udyam Registration UDYAM-MP-23-0017874
Name history
Candor Textiles has undergone 3 name changes throughout its history. The company was previously known as Dakshineshwari Fabrics Private Limited, Arve Impex Private Limited, and C I L Textiles Private Limited. The current legal name is Candor Textiles Private Limited.
| Company Name | Status |
|---|---|
| Candor Textiles Private Limited | Current |
| Dakshineshwari Fabrics Private Limited | Previous |
| Arve Impex Private Limited | Previous |
| C I L Textiles Private Limited | Previous |
Key People
Kalpana Somani Whole-Time Director Suryansh Somani Whole-Time Director Pankaj Harigovind Murarka Additional Director Recognitions & Rankings of Candor Textiles
Contact details
Candor Textiles Private Limited's registered office is in Indore, Madhya Pradesh. Its website is candortextiles.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressSurvey No. 22/1 Halka Patwari No. 27, Village Shiv Nagar Khandwa Road Tehsil Mhow, Indore, Madhya Pradesh, India – 452020
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Candor Textiles Private Limited, buy the company report.
Comprehensive company report
Candor Textiles 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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Brands
Candor Textiles operates one associated brand: Candor Textiles. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Functions as a brand offering a wide range of home textiles for consumers. | candortextiles.com |
Business activity
The main business activities of Candor Textiles are manufacturing and trade. In detail, this covers textile, leather and other apparel products and wholesale trading. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products | |
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Candor Textiles Private Limited, buy the company report.
Financials of Candor Textiles Private Limited
FY 2025 filings availableCandor Textiles Private Limited reported revenue of ₹85.69 Cr (up 11% YoY) for FY 2025.
Revenue · FY 2025
₹85.69 Cr ▲ 11%
Net profit · FY 2025
₹2.96 Cr margin 3.5%
EBITDA · FY 2025
₹9.65 Cr margin 11.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 11%
3 years · compounded
▼ 1%
5 years · compounded
▲ 10%
EBITDA CAGR growth
1 year
▼ 6%
3 years · compounded
▼ 6%
5 years · compounded
▲ 11%
Revenue has grown at a compounded annual rate (CAGR) of 10% over five years, including 11% growth in the latest year. EBITDA fell 6% 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 |
|---|---|---|---|---|---|
| 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 | ₹9.65 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.96 Cr | ||||
| 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11.3% | ||||
| Net Profit Margin | 3.5% | ||||
| 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 Candor Textiles Private Limited, buy the company report.
Board of directors of Candor Textiles Private Limited
Candor Textiles has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kalpana Somani | Whole-Time Director | 20 Aug 2009 | 17 Years 2 Months | Current |
| Suryansh Somani Also directs: Marksman Adventure LLP, Yug Brands Private Limited | Whole-Time Director | 10 Aug 2012 | 14 Years 2 Months | Current |
| Pankaj Harigovind Murarka Also directs: Alpha Renaissance LLP, Renaissance Investment Managers (Gift) Ifsc LLP, Pipal Securities Private Limited and 5 more | Additional Director | 02 Dec 2024 | 1 Years 11 Months | Current |
Peer comparison
Candor Textiles Private Limited is compared with the 10 companies closest to it by revenue in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Fabrico Cottex Industries Private Limited | ₹85.91 Cr (FY 2025) | 21.0% | Panipat, Haryana, India | |||
| Tas Textiles India Private Limited | ₹85.85 Cr (FY 2025) | 72.0% | Tiruppur, Tamil Nadu, India | |||
| Sreema Filaments Private Limited | ₹85.84 Cr (FY 2025) | 19.0% | Nagercoil, Tamil Nadu, India | |||
| Rishik Spinning Private Limited | ₹85.82 Cr (FY 2025) | -1.0% | Gorakhpur, Uttar Pradesh, India | |||
| Sri Lakshmi Saraswathi Spintex Limited | ₹85.74 Cr (FY 2019) | -2.0% | Chennai, Tamil Nadu, India | |||
| Candor Textiles Private Limitedthis company | ₹85.69 Cr (FY 2025) | ₹2.96 Cr | 3.5% | 11.0% | 327 | Indore, Madhya Pradesh, India |
| Ranjan Polyster Ltd. | ₹85.63 Cr (FY 2025) | -8.0% | Bhilwara, Rajasthan, India | |||
| Fractal Industries Limited | ₹85.51 Cr (FY 2025) | 35.0% | Mumbai, Maharashtra, India | |||
| Kumaran Gin and Pressing Private Limited | ₹85.49 Cr (FY 2025) | -9.0% | Erode, Tamil Nadu, India | |||
| Shri T.P.Textiles Private Limited | ₹85.42 Cr (FY 2025) | 8.0% | Rajapalayam, Tamil Nadu, India | |||
| Imperial Dyeing Limited | ₹85.4 Cr (FY 2025) | -1.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Candor Textiles Private Limited, buy the company report.
Auditor
Candor Textiles Private Limited is audited by S P MOONDRA & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S P MOONDRA & CO | FY 2023 | 004879C |
Shareholding
The shareholding of Candor Textiles Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Candor Textiles Private Limited, buy the company report.
Charges & borrowings
Open charges
₹62.77 Cr
Satisfied charges
₹7.12 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Mar 2025 | 101084504 | Indian Overseas Bank | ₹98 Lakh | Open | |
| 03 Aug 2024 | 100972751 | Others | ₹14 Lakh | Open | |
| 29 May 2024 | 100938481 | Others | ₹9.9 Lakh | Open | |
| 25 Oct 2023 | 100829934 | Others | ₹12.2 Lakh | Open | |
| 18 Jun 2023 | 100738077 | Others | ₹40.54 Lakh | Open |
To see the full charge records of Candor Textiles Private Limited, buy the company report.
Total charge records: 15 View all charges
Legal cases
Candor Textiles Private Limited has 9 court cases on record: 3 filed by Candor Textiles, 6 filed against it. 1 case is pending and 8 are disposed.
Total cases
9
Filed by the company
3
Filed against the company
6
Pending
1
Disposed
8
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 3 | 1 |
| High courts | 3 | 3 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Indore, Madhya Pradesh | Court case (RCS A) | Filed by the company against individuals | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed against the company by an individual | Disposed |
| NCLT, Indore | Court case (C.P.(CAA)) | Filed by the company | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed against the company by an individual | Disposed |
| Bombay High Court | Interim or miscellaneous application | Filed against the company by an individual | Disposed |
To see the full case history of Candor Textiles Private Limited, buy the company report.
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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Candor Textiles Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Candor Textiles Private Limited has a workforce of 327 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.
Employee count
327
Active EPFO establishments
1
Employee growth
3.48%
GST
Candor Textiles has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AACCC5572C1Z3 | Madhya Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Candor Textiles Private Limited, buy the company report.
Recent activity
Candor Textiles Private Limited has 8 board changes on record since 2009: 3 appointments and 5 cessations. The latest: Pankaj Harigovind Murarka was appointed as Additional Director on 02 Dec 2024.
AGM
Candor Textiles Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Others of Rs. 57.90 Cr registered on 19 Jan 2006 with Charge ID 80031257 was modified on 26 May 2025.
Filing
Candor Textiles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Gwalior.
Charges
A charge with Indian Overseas Bank amounted to Rs. 0.98 Cr with Charge ID 101084504 was registered on 29 Mar 2025.
Appointed
Pankaj Harigovind Murarka was appointed as Additional Director.
Charges
A charge with Others amounted to Rs. 0.14 Cr with Charge ID 100972751 was registered on 03 Aug 2024.
Charges
A charge with Others amounted to Rs. 0.10 Cr with Charge ID 100938481 was registered on 29 May 2024.
Charges
A charge with Others amounted to Rs. 0.12 Cr with Charge ID 100829934 was registered on 25 Oct 2023.
Ceased
Pankaj Harigovind Murarka ceased to be Additional Director.
Charges
A charge with Others amounted to Rs. 0.41 Cr with Charge ID 100738077 was registered on 18 Jun 2023.
Charges
A charge registered on 03 Nov 2018 via Charge ID 100230416 with Others was fully satisfied on 12 Jun 2023.
Charges
A charge registered on 29 Nov 2015 via Charge ID 100032080 with Others was fully satisfied on 11 May 2023.
21 earlier events are in the company report.
Frequently asked questions
Candor Textiles is an active private limited company based in Indore, Madhya Pradesh, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 28 February 1997 (29+ years old) and is registered under CIN U51109MP1997PTC011693.
Candor Textiles has 3 current directors:
- Kalpana Somani - Whole-Time Director
- Suryansh Somani - Whole-Time Director
- Pankaj Harigovind Murarka - Additional Director
The latest financial statements of Candor Textiles 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 Candor Textiles is 23AACCC5572C1Z3, registered in Madhya Pradesh. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Candor Textiles is U51109MP1997PTC011693. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Candor Textiles has 9 court cases on record: 3 filed by the company and 6 filed against it. 1 is pending. Most are in the district courts.
Candor Textiles was incorporated on 28 February 1997, making it 29+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Candor Textiles by revenue are Fabrico Cottex Industries Private Limited, Tas Textiles India Private Limited, Sreema Filaments Private Limited, Rishik Spinning Private Limited, Sri Lakshmi Saraswathi Spintex Limited and 5 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Pankaj Harigovind Murarka was appointed as Additional Director on 02 Dec 2024. Pankaj Harigovind Murarka ceased to be Additional Director on 01 Sep 2023. Krishna Kumar Maheshwari ceased to be Director on 13 Aug 2014. Candor Textiles has 8 board changes on record in total.
Yes, Candor Textiles is registered as a medium enterprise under Udyam registration (number: UDYAM-MP-23-0017874).
Candor Textiles can be reached through the website candortextiles.com. Its registered office is in Indore, Madhya Pradesh, India.
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