Candorworks Private Limited - business services in Pune, Maharashtra, India. FY 2026 financials & compliance.
CIN U74999PN2017PTC171786 Incorporated 02 August 2017 ROC Pune HQ Pune, Maharashtra, India
Active Private Limited Company business services
Data last updated
Revenue · FY 2025
₹113.49 Cr
▲ 34% YoY
Net profit · FY 2025
₹4.16 Cr
Net margin 3.7%
EBITDA · FY 2025
₹6.66 Cr
EBITDA margin 5.9%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹75,000
Issued & subscribed
Company age
9 yrs
Est. 2017
Employees · EPFO
244
Provident fund records
Directors on board
2
As per MCA filings

About Candorworks Private Limited

Data last updated:

Candorworks Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the advertising and market research segment of the business services sector. It was incorporated on 02 August 2017 and has been in existence for over 9 years.

The company is registered with the Registrar of Companies (ROC), Pune, under CIN U74999PN2017PTC171786. Its GSTIN is 27AAHCC1282C1ZZ (Maharashtra).

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹75,000. It is led by directors Ashish Kumar and Manish Ganesh Kothari.

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 Pune, Maharashtra.

As per the financials filed for FY 2025, the company reported a revenue of ₹113.49 Cr, a growth of 34% compared to the previous year. For the same year it recorded a net profit of ₹4.16 Cr (net margin 3.7%) and EBITDA of ₹6.66 Cr (EBITDA margin 5.9%). Revenue has grown at a compounded annual rate (CAGR) of 28% over three years and 40% over five years.

The company has about 244 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: CandorWorks.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website candorworks.com.

Company details

CIN U74999PN2017PTC171786
Registration Number 171786
Incorporation Date 02 August 2017
ROC Pune
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

Candorworks Private Limited's registered office is in Pune, Maharashtra. Its website is candorworks.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    Survey No 169 1 Cts 2495 Near Westend Mall, 4 Floor Office No.A Westend Centre 3, Pune, Maharashtra, India – 411007
  • Industry
    Business Services, Advertising And Market Research

To see the full contact details of Candorworks Private Limited, buy the company report.

Comprehensive company report
Candorworks 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

Candorworks operates one associated brand: CandorWorks. Each brand links to its own profile.

BrandDescriptionWebsite
Provides B2B lead generation, performance marketing, and nurturing services worldwide.candorworks.com

Business activity

The main business activity of Candorworks is professional, scientific and technical. In detail, this covers advertising and market research.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
MProfessional, Scientific and TechnicalM6Advertising and market research

To see the full business activity and turnover split of Candorworks Private Limited, buy the company report.

Financials of Candorworks Private Limited

FY 2025 filings available

Candorworks Private Limited reported revenue of ₹113.49 Cr (up 34% YoY) for FY 2025.

Revenue · FY 2025
₹113.49 Cr ▲ 34%
Net profit · FY 2025
₹4.16 Cr margin 3.7%
EBITDA · FY 2025
₹6.66 Cr margin 5.9%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 34%
3 years · compounded
▲ 28%
5 years · compounded
▲ 40%
EBITDA CAGR growth
1 year
▼ 44%
3 years · compounded
▼ 14%
5 years · compounded
▲ 17%

Revenue has grown at a compounded annual rate (CAGR) of 40% over five years, including 34% growth in the latest year. EBITDA fell 44% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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₹6.66 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹4.16 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin5.9%
Net Profit Margin3.7%
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 Candorworks Private Limited, buy the company report.

Board of directors of Candorworks Private Limited

Candorworks has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Ashish KumarDirector02 Aug 20179 Years 3 MonthsCurrent
Manish Ganesh KothariDirector02 Aug 20179 Years 3 MonthsCurrent

Auditor

Candorworks Private Limited is audited by AGARWAL & CO for the financial year 2021.

Auditor firmFinancial yearFirm registration number
AGARWAL & COFY 2021129862W

Shareholding

The shareholding of Candorworks Private Limited is on record for 2 financial years, the latest being FY 2021, split between promoters, domestic institutions, public shareholders and others.

Shareholder categoryFY 2021FY 2020
Promoters
Domestic institutional investors (DII)
Public
Others

To see the full shareholding pattern of Candorworks Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Candorworks Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Candorworks Private Limited has a workforce of 244 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.

Employee count
244
Active EPFO establishments
1
Employee growth
17.87%

GST

Candorworks has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAHCC1282C1ZZMaharashtraActive27 Mar 2018

To see the full GST registrations and return filing status of Candorworks Private Limited, buy the company report.

Recent activity

Candorworks Private Limited has 2 board changes on record since 2017: 2 appointments. The latest: Ashish Kumar was appointed as Director on 02 Aug 2017.

AGM
Candorworks Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Candorworks Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune.
Appointed
Ashish Kumar was appointed as Director.
Appointed
Manish Ganesh Kothari was appointed as Director.
Incorporation
02 Aug 2017
Candorworks Private Limited was registered on 02 Aug 2017 with Roc Pune & aged 9 years 3 months as per MCA records.

Frequently asked questions

Candorworks is an active private limited company based in Pune, Maharashtra, India. The company works in advertising and market research, within the business services industry. It was incorporated on 02 August 2017 (9+ years old) and is registered under CIN U74999PN2017PTC171786.

Candorworks has 2 current directors:

The latest financial statements of Candorworks 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 FY 2018 are in the company report.

The GSTIN of Candorworks is 27AAHCC1282C1ZZ, registered in Maharashtra.

The CIN (Corporate Identification Number) of Candorworks is U74999PN2017PTC171786. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Candorworks was incorporated on 02 August 2017, making it 9+ years old. It is registered with the Registrar of Companies, Pune.

Ashish Kumar was appointed as Director on 02 Aug 2017. Manish Ganesh Kothari was appointed as Director on 02 Aug 2017.

Candorworks can be reached through the website candorworks.com. Its registered office is in Pune, Maharashtra, India.

The registered office of Candorworks is at Survey No 169 1 Cts 2495 Near Westend Mall, 4 Floor Office No.A Westend Centre 3, Pune, Maharashtra, India – 411007.

Candorworks operates in the business services industry, in the advertising and market research segment.