About Candour Industries Limited
Data last updated:
Candour Industries Limited is a public limited company based in Vapi, Gujarat, India. It operates in the paper and packaging products segment of the manufacturing sector. It was incorporated on 14 August 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74900GJ2007PLC051509. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹29.22 Lakh. It is led by directors including Saju Sivan and Jagada Sivan.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at Super Tyre Building Char Rasta GIDC, Vapi, Gujarat, India – 396195.
As per the financials filed for FY 2020, the company reported a revenue of ₹19.36 Lakh, a decline of 87% compared to the previous year. For the same year it recorded a net loss of ₹47.34 Lakh (net margin -244.5%) and EBITDA of -₹42.74 Lakh (EBITDA margin -220.8%). Revenue has declined at a compounded annual rate (CAGR) of 59% over three years and 48% over five years.
As per MCA filings, the company has open charges of ₹1 Cr and satisfied charges of ₹46.25 Lakh on record. Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website candourindustries.com.
Company details
CIN history
Candour Industries has one previous CIN (Corporate Identification Number): U74900GJ2007PTC051509. The current CIN is U74900GJ2007PLC051509, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74900GJ2007PLC051509 | Current |
| U74900GJ2007PTC051509 | Previous |
Contact details
Candour Industries Limited's registered office is in Vapi, Gujarat. Its website is candourindustries.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressSuper Tyre Building Char Rasta GIDC, Vapi, Gujarat, India – 396195
- IndustryManufacturing, Paper & Packaging Products
To see the full contact details of Candour Industries 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 Industries is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Candour Industries Limited, buy the company report.
Financials of Candour Industries Limited
FY 2020 filings availableCandour Industries Limited reported revenue of ₹19.36 Lakh (down 87% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 48% over five years, including a 87% fall in the latest year. EBITDA fell 46% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹19.36 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹42.74 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹47.34 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
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -220.8% | ||||
| Net Profit Margin | -244.5% | ||||
| 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 Candour Industries Limited, buy the company report.
Board of directors of Candour Industries Limited
Candour Industries has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Saju Sivan Also directs: Tres Bon Super Tyre LLP, Candour Butyl Private Limited | Director | 14 Aug 2007 | 19 Years 2 Months | Current |
| Jagada Sivan Also directs: Tres Bon Super Tyre LLP, Candour Butyl Private Limited | Director | 14 Aug 2007 | 19 Years 2 Months | Current |
| Rekha Bal Thaliyadath | Director | 17 Feb 2010 | 16 Years 8 Months | Current |
Auditor
Candour Industries Limited is audited by PATEL PUROHIT & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PATEL PUROHIT & ASSOCIATES | FY 2018 | 138905W |
Shareholding
The shareholding of Candour Industries Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Candour Industries Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Jun 2014 | 10507148 | Catholic Syrian Bank | ₹1 Cr | Open | |
| 27 Mar 2012 | 10346660 | Indian Overseas Bank | ₹46.25 Lakh | Satisfied |
To see the full charge records of Candour Industries Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Candour Industries Limited has 1 court case on record: 1 filed by Candour Industries. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Valsad, Gujarat | Civil suit | Filed by the company against Sunita Logistics Pvt Ltd | Disposed |
To see the full case history of Candour Industries 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 Candour Industries Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Candour Industries has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Candour Industries Limited, buy the company report.
Recent activity
Candour Industries Limited has 5 board changes on record since 2007: 4 appointments and 1 cessation. The latest: Anand Sivan ceased to be Director on 22 Feb 2010.
Frequently asked questions
Candour Industries is an active public limited company based in Vapi, Gujarat, India. The company works in paper and packaging products, within the manufacturing industry. It was incorporated on 14 August 2007 (19+ years old) and is registered under CIN U74900GJ2007PLC051509.
Candour Industries has 3 current directors:
- Saju Sivan - Director
- Jagada Sivan - Director
- Rekha Bal Thaliyadath - Director
The latest financial statements of Candour Industries on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.
No. Candour Industries has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Candour Industries is U74900GJ2007PLC051509. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Candour Industries has 1 court case on record: 1 filed by the company.
Candour Industries was incorporated on 14 August 2007, making it 19+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Anand Sivan ceased to be Director on 22 Feb 2010. Rekha Bal Thaliyadath was appointed as Director on 17 Feb 2010. Anand Sivan was appointed as Director on 14 Aug 2007. Candour Industries has 5 board changes on record in total.
Candour Industries can be reached through the website candourindustries.com. Its registered office is in Vapi, Gujarat, India.
The registered office of Candour Industries is at Super Tyre Building Char Rasta GIDC, Vapi, Gujarat, India – 396195.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
