Candour Services Private Limited

Candour Services Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U74999KA2019PTC127969 Incorporated 16 September 2019 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company information technology MSME · Micro
Data last updated
Revenue · FY 2025
₹1.1 Cr
▲ 6% YoY
Net profit · FY 2025
₹18.11 Lakh
Net margin 16.5%
EBITDA · FY 2025
₹26.28 Lakh
EBITDA margin 24%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
7 yrs
Est. 2019
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered

About Candour Services Private Limited

Data last updated:

Candour Services Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 16 September 2019 and has been in existence for over 7 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2019PTC127969. Its GSTIN is 29AAICC3813C1ZX (Karnataka).

The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Priya Naveen Kumar and Narayanappa Shobharani.

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 #251 1st A Main Road Navodhaya Street Manjunatha Layout Marathahalli, Bangalore, Karnataka, India – 560037.

As per the financials filed for FY 2025, the company reported a revenue of ₹1.1 Cr, a growth of 6% compared to the previous year. For the same year it recorded a net profit of ₹18.11 Lakh (net margin 16.5%) and EBITDA of ₹26.28 Lakh (EBITDA margin 24%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 33% over five years.

Candour Services Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0123173). For more details, the company can be reached via its website candourservices.com.

Company details

CIN U74999KA2019PTC127969
Registration Number 127969
Incorporation Date 16 September 2019
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0123173

Recognitions & Rankings of Candour Services

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-KR-03-0123173

Contact details

Candour Services Private Limited's registered office is in Bangalore, Karnataka. Its website is candourservices.com. Its e-mail address is in the company report.

  • Email
  • Registered Address
    #251 1st A Main Road Navodhaya Street Manjunatha Layout Marathahalli, Bangalore, Karnataka, India – 560037
  • Industry
    Information Technology, Application Development & Software Solutions

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

Comprehensive company report
Candour Services 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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Business activity

The main business activity of Candour Services is information and communication. In detail, this covers computer programming, consultancy and related activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ6Computer programming, consultancy and related activities

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

Financials of Candour Services Private Limited

FY 2025 filings available

Candour Services Private Limited reported revenue of ₹1.1 Cr (up 6% YoY) for FY 2025.

Revenue · FY 2025
₹1.1 Cr ▲ 6%
Net profit · FY 2025
₹18.11 Lakh margin 16.5%
EBITDA · FY 2025
₹26.28 Lakh margin 24%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 6%
3 years · compounded
▲ 9%
5 years · compounded
▲ 33%
EBITDA CAGR growth
1 year
▲ 22%
3 years · compounded
▲ 6%
5 years · compounded
▲ 32%

Revenue has grown at a compounded annual rate (CAGR) of 33% over five years, including 6% growth in the latest year. EBITDA rose 22% 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₹26.28 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹18.11 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin24%
Net Profit Margin16.5%
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 Services Private Limited, buy the company report.

Board of directors of Candour Services Private Limited

Candour Services has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Priya Naveen KumarDirector16 Sep 20197 Years 1 MonthsCurrent
Narayanappa ShobharaniDirector16 Sep 20197 Years 1 MonthsCurrent

Auditor

Candour Services Private Limited is audited by PDN & ASSOCIATES for the financial year 2022.

Auditor firmFinancial yearFirm registration number
PDN & ASSOCIATESFY 2022212480

Shareholding

The shareholding of Candour Services Private Limited is on record for 2 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2022FY 2021
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

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

MSME payment delays

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

GST

Candour Services has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AAICC3813C1ZXKarnatakaActive20 Oct 2019

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

Recent activity

Candour Services Private Limited has 3 board changes on record since 2019: 2 appointments and 1 cessation. The latest: Reena Ganesh ceased to be Director on 17 Feb 2020.

AGM
Candour Services Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Candour Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Ceased
Reena Ganesh ceased to be Director.
Appointed
Narayanappa Shobharani was appointed as Director.
Appointed
Priya Naveen Kumar was appointed as Director.
Incorporation
16 Sep 2019
Candour Services Private Limited was registered on 16 Sep 2019 with Roc Bangalore & aged 7 years 1 month as per MCA records.

Frequently asked questions

Candour Services is an active private limited company based in Bangalore, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 16 September 2019 (7+ years old) and is registered under CIN U74999KA2019PTC127969.

Candour Services has 2 current directors:

The latest financial statements of Candour Services 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 2020 are in the company report.

The GSTIN of Candour Services is 29AAICC3813C1ZX, registered in Karnataka.

The CIN (Corporate Identification Number) of Candour Services is U74999KA2019PTC127969. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Candour Services was incorporated on 16 September 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.

Reena Ganesh ceased to be Director on 17 Feb 2020. Narayanappa Shobharani was appointed as Director on 16 Sep 2019. Priya Naveen Kumar was appointed as Director on 16 Sep 2019.

Yes, Candour Services is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0123173).

Candour Services can be reached through the website candourservices.com. Its registered office is in Bangalore, Karnataka, India.

The registered office of Candour Services is at #251 1st A Main Road Navodhaya Street Manjunatha Layout Marathahalli, Bangalore, Karnataka, India – 560037.