
Candour Consultrade Private Limited
About Candour Consultrade Private Limited
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Candour Consultrade Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the financial services and investment segment of the financial services sector. It was incorporated on 25 January 1994.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U67120MH1994PTC161971. Its GSTIN is 27AABCC1881H1ZQ (Maharashtra).
The company had an authorised share capital of ₹75 Lakh and a paid-up capital of ₹52.76 Lakh. It was led by directors Babulal Soni Banwarilal and Vedant Rakesh Gupta.
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 was at St – 005 2nd Floor Adhyaru Industrial Estate Sun Mill Compound Lower Parel Mumbai, 400013., Maharashtra, India – 400013.
As per the financials filed for FY 2025, the company reported a revenue of ₹5.17 Lakh, a decline of 48% compared to the previous year. For the same year it recorded a net profit of ₹1.75 Lakh (net margin 33.9%) and EBITDA of ₹1.92 Lakh (EBITDA margin 37.1%). Revenue has declined at a compounded annual rate (CAGR) of 56% over three years and 43% over five years.
Company details
Contact details
Candour Consultrade Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressSt – 005 2nd Floor Adhyaru Industrial Estate Sun Mill Compound Lower Parel Mumbai, 400013., Maharashtra, India – 400013
- IndustryFinancial Services, Financial Activities
To see the full contact details of Candour Consultrade Private Limited, 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
Business activity
The main business activity of Candour Consultrade is financial and insurance activities. In detail, this covers activities auxiliary to financial service and insurance activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance activities | 66 | Activities auxiliary to financial service and insurance activities |
Financials of Candour Consultrade Private Limited
FY 2025 filings availableCandour Consultrade Private Limited reported revenue of ₹5.17 Lakh (down 48% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 43% over five years, including a 48% fall in the latest year. EBITDA fell 76% 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 |
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| EBITDA | ₹1.92 Lakh | ||||
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| Net Profit (PAT) | ₹1.75 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 37.1% | ||||
| Net Profit Margin | 33.9% | ||||
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To see the full financial statements and ratios of Candour Consultrade Private Limited, buy the company report.
Board of directors of Candour Consultrade Private Limited
Candour Consultrade has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Babulal Soni Banwarilal Also directs: Elegent Lighting Devices Pvt Ltd, Anit Enterprises Private Limited | Director | 15 Mar 2008 | 18 Years 7 Months | As last reported |
| Vedant Rakesh Gupta Also directs: Elegent Lighting Devices Pvt Ltd, Anit Enterprises Private Limited, Organodok LLP and 5 more | Director | 16 Feb 2022 | 4 Years 8 Months | As last reported |
Peer comparison
Candour Consultrade Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (activities auxiliary to financial service and insurance activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| G.O.Financial & Investment Consultancy Services Private Limited | ₹5.2 Lakh (FY 2024) | 6.0% | Indore, Madhya Pradesh, India | |||
| Albatross Management & Consultants Private Limited | ₹5.19 Lakh (FY 2025) | -49.0% | Mumbai, Maharashtra, India | |||
| Sutambri Finance Private Limited | ₹5.19 Lakh (FY 2025) | -38.0% | Mumbai, Maharashtra, India | |||
| Florence Trading and Agencies Private Limited | ₹5.18 Lakh (FY 2025) | 0.0% | Mumbai, Maharashtra, India | |||
| Bandhutwa Infra and Trading Private Limited | ₹5.17 Lakh (FY 2025) | Thane, Maharashtra, India | ||||
| Candour Consultrade Private Limitedthis company | ₹5.17 Lakh (FY 2025) | ₹1.75 Lakh | 33.9% | -48.0% | Mumbai, Maharashtra, India | |
| Aishwarya Vara Laximi Chit Funds Private Limited | ₹5.16 Lakh (FY 2024) | -6.0% | Warangal, Telangana, India | |||
| Bhagyalaxmi Dealers Private Limited | ₹5.15 Lakh (FY 2023) | -22.0% | Kolkata, West Bengal, India | |||
| Nibsha Investment Private Limited | ₹5.15 Lakh (FY 2025) | 20.0% | Mumbai, Maharashtra, India | |||
| Amit Himanshu Private Limited | ₹5.14 Lakh (FY 2025) | 6.0% | New Delhi, Delhi, India | |||
| Ani-Kaish Techno Projects Private Limited | ₹5.14 Lakh (FY 2025) | -53.0% | Delhi, India |
To see the full peer comparison of Candour Consultrade Private Limited, buy the company report.
Auditor
Candour Consultrade Private Limited is audited by R.U.Kamath & Co. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R.U.Kamath & Co. | FY 2017 | 104650W |
Shareholding
The shareholding of Candour Consultrade Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Candour Consultrade Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Candour Consultrade Private Limited 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 Candour Consultrade Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Candour Consultrade has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCC1881H1ZQ | Maharashtra | Active | 08 Apr 2022 |
To see the full GST registrations and return filing status of Candour Consultrade Private Limited, buy the company report.
Recent activity
Candour Consultrade Private Limited has 6 board changes on record since 2008: 2 appointments and 4 cessations. The latest: Vedant Rakesh Gupta was appointed as Director on 16 Feb 2022.
Frequently asked questions
Candour Consultrade has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Candour Consultrade was a private limited company based in Mumbai, Maharashtra, India. The company worked in financial activities, within the financial services industry. It was incorporated on 25 January 1994 and is registered under CIN U67120MH1994PTC161971. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Candour Consultrade was incorporated on 25 January 1994. It is registered with the Registrar of Companies, Mumbai.
Candour Consultrade had 2 directors:
- Babulal Soni Banwarilal - Director
- Vedant Rakesh Gupta - Director
The CIN (Corporate Identification Number) of Candour Consultrade is U67120MH1994PTC161971. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Candour Consultrade is at St – 005 2nd Floor Adhyaru Industrial Estate Sun Mill Compound Lower Parel Mumbai, 400013., Maharashtra, India – 400013.
The latest financial statements of Candour Consultrade 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 Candour Consultrade is 27AABCC1881H1ZQ, registered in Maharashtra.
Candour Consultrade operated in the financial services industry, in the financial activities segment.
The peers of Candour Consultrade by revenue are G.O.Financial & Investment Consultancy Services Private Limited, Albatross Management & Consultants Private Limited, Sutambri Finance Private Limited, Florence Trading and Agencies Private Limited, Bandhutwa Infra and Trading Private Limited and 5 more, all in the same principal business activity (activities auxiliary to financial service and insurance activities).
Vedant Rakesh Gupta was appointed as Director on 16 Feb 2022. Pawan Ramgopal Kedia ceased to be Director on 10 Mar 2014. Ramesh Purohit ceased to be Additional Director on 30 Sep 2013. Candour Consultrade has 6 board changes on record in total.

