- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0123173

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.
Recognitions & Rankings of Candour Services
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address#251 1st A Main Road Navodhaya Street Manjunatha Layout Marathahalli, Bangalore, Karnataka, India – 560037
- IndustryInformation Technology, Application Development & Software Solutions
- 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
- One PDF report, delivered after checkout
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 Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Financials of Candour Services Private Limited
FY 2025 filings availableCandour Services Private Limited reported revenue of ₹1.1 Cr (up 6% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
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
| Metrics | FY 2024-25 | FY 2020-21 to FY 2023-24in the company report |
|---|---|---|
| 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
| Metrics | FY 2024-25 | FY 2020-21 to FY 2023-24in the company report |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 24% | |
| Net Profit Margin | 16.5% | |
| 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 | •••• | |
Paid data: the figures shown as dots, and every line for FY 2020-21 to FY 2023-24, are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Candour Services are in the company report.
: available in 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.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Priya Naveen Kumar | Director | 16 Sep 2019 | 7 Years 1 Months | Current |
| Narayanappa Shobharani | Director | 16 Sep 2019 | 7 Years 1 Months | Current |
Auditor Details
Candour Services Private Limited is audited by PDN & ASSOCIATES for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| PDN & ASSOCIATES | Locked | Locked | Locked |
: available in the company report
Ownership and Shareholding
: available in the company report
Charges & Borrowings
Candour Services Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance
Employment history and EPFO contributions of people linked to Candour Services.
: available in 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.
Credit Ratings, Litigation & Regulatory Alerts
: available in the company report
MSME Payment Delays
: available in the company report
Subsidiaries & Group Companies
: available in the company report
GST Compliance
Candour Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAICC3813C1ZX | Karnataka | Active | 20 Oct 2019 |
: available in the company report
MCA Filings & Documents
: available in the company report
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:
- Priya Naveen Kumar - Director
- Narayanappa Shobharani - Director
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.