
About Candorhub Incubation and Training Foundation
Data last updated:
Candorhub Incubation and Training Foundation is a private not for profit company based in Bangalore, Karnataka, India. It operates in the service-based operations segment of the services sector. It was incorporated on 09 January 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U93090KA2019NPL120176.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Gomathi Manavalan and Subramanian Thirumurugan.
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 No.292 1st Floor 7th Cross Domlur Layout, Bangalore, Karnataka, India – 560071.
As per the financials filed for FY 2023, the company reported a revenue of ₹1.26 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹4,340 (net margin 3.5%) and EBITDA of ₹4,340 (EBITDA margin 3.5%). Revenue has declined at a compounded annual rate (CAGR) of 31% over three years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website candor.in.
Company details
Contact details
Candorhub Incubation and Training Foundation's registered office is in Bangalore, Karnataka. Its website is candor.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo.292 1st Floor 7th Cross Domlur Layout, Bangalore, Karnataka, India – 560071
- IndustryService, Other Services
To see the full contact details of Candorhub Incubation and Training Foundation, 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
Financials of Candorhub Incubation and Training Foundation
FY 2024 filings availableCandorhub Incubation and Training Foundation reported revenue of ₹1.26 Lakh (up 179% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue rose 179% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 31%. EBITDA rose 121% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| 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 | ₹4,340 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹4,340 | ||||
| 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.5% | ||||
| 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 Candorhub Incubation and Training Foundation, buy the company report.
Board of directors of Candorhub Incubation and Training Foundation
Candorhub Incubation and Training Foundation has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gomathi Manavalan Also directs: Candor Management Services Private Limited | Director | 09 Jan 2019 | 7 Years 10 Months | Current |
| Subramanian Thirumurugan | Director | 09 Jan 2019 | 7 Years 10 Months | Current |
Legal cases
No court or tribunal cases involving Candorhub Incubation and Training Foundation 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 Candorhub Incubation and Training Foundation; 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 Candorhub Incubation and Training Foundation; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Candorhub Incubation and Training Foundation has 2 board changes on record since 2019: 2 appointments. The latest: Gomathi Manavalan was appointed as Director on 09 Jan 2019.
Frequently asked questions
Candorhub Incubation and Training Foundation is an active private not for profit company based in Bangalore, Karnataka, India. The company works in other services, within the service industry. It was incorporated on 09 January 2019 (7+ years old) and is registered under CIN U93090KA2019NPL120176.
Candorhub Incubation and Training Foundation has 2 current directors:
- Gomathi Manavalan - Director
- Subramanian Thirumurugan - Director
The latest financial statements of Candorhub Incubation and Training Foundation on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2019 are in the company report.
The CIN (Corporate Identification Number) of Candorhub Incubation and Training Foundation is U93090KA2019NPL120176. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Candorhub Incubation and Training Foundation was incorporated on 09 January 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
Gomathi Manavalan was appointed as Director on 09 Jan 2019. Subramanian Thirumurugan was appointed as Director on 09 Jan 2019.
Candorhub Incubation and Training Foundation can be reached through the website candor.in. Its registered office is in Bangalore, Karnataka, India.
The registered office of Candorhub Incubation and Training Foundation is at No.292 1st Floor 7th Cross Domlur Layout, Bangalore, Karnataka, India – 560071.
Candorhub Incubation and Training Foundation operates in the service industry, in the other services segment.
The compliance status of Candorhub Incubation and Training Foundation is compliant as of 29 July 2026. The company is actively filing with the Registrar of Companies.

