
Candour Software Private Limited
About Candour Software Private Limited
Data last updated:
Candour Software Private Limited is a private limited company based in Noida, Uttar Pradesh, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 05 June 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U72300UP2013PTC057454. Its GSTIN is 09AAFCC2853D1ZU (Uttar Pradesh).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Yashu Varshney and Ravi Prakash.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at E – 603 6th Floor Rg Residency Sector 120, Noida, Uttar Pradesh, India – 201301.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.93 Cr, a growth of 13% compared to the previous year. For the same year it recorded a net profit of ₹17.28 Lakh (net margin 8.9%) and EBITDA of ₹27.6 Lakh (EBITDA margin 14.3%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 9% over five years.
The company is associated with 1 brand: Candour Systems.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Social Media
- Registered AddressE – 603 6th Floor Rg Residency Sector 120, Noida, Uttar Pradesh, India – 201301
- 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 of Candour Software Private Limited
The main business activity of Candour Software is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical 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
Verified entity values are shown only after access is granted.
Financials of Candour Software Private Limited FY 2024 filings available
Candour Software Private Limited reported revenue of ₹1.93 Cr (up 13% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Candour Software Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 9% over five years, including 13% growth in the latest year. EBITDA rose 58% 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 of Candour Software Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
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| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹27.6 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹17.28 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
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| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
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Financial Ratios of Candour Software Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 14.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 8.9% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots 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 Software are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Candour Software Private Limited
Candour Software Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Application Development). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Digitalmain Private Limited | •••• | •••• | •••• | •••• | - | Pune, Maharashtra, India |
| Silicon Line Systems Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Ingen Infotech Corp Private Limited | •••• | •••• | •••• | •••• | - | Gurgaon, Haryana, India |
| 3S Logics Private Limited | •••• | •••• | •••• | •••• | - | Gurgaon, Haryana, India |
| Indo Swiss Financial Software Development Company Private Limited | •••• | •••• | •••• | •••• | - | Goa, India |
| Candour Software Private Limited this company | •••• | •••• | •••• | •••• | - | Noida, Uttar Pradesh, India |
| Star Online Technologies Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Optech Software India Private Limited | •••• | •••• | •••• | •••• | - | Coimbatore, Tamil Nadu, India |
| Fylfot Technologies Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Snowtint Technologies Private Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Tunerlabs Consulting Private Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Candour Software by revenue in the Information Technology industry (Application Development), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Candour Software Private Limited
Candour Software Private Limited is audited by KEERTI VARSHENEY & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| KEERTI VARSHENEY & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Candour Software Private Limited
Candour Software has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Yashu Varshney | Director | 05 Jun 2013 | 13 Years 4 Months | Current |
| Ravi Prakash | Director | 05 Jun 2013 | 13 Years 4 Months | Current |
Ownership and Shareholding of Candour Software Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Candour Software Private Limited
Candour Software Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Candour Software Private Limited
Candour Software operates one associated brand: Candour Systems. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers cloud-based school ERP and IT services for educational institutions and companies. | candoursystems.com |
Employees and EPFO Compliance at Candour Software Private Limited
Employment history and EPFO contributions of people linked to Candour Software.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Candour Software Private Limited
Candour Software Private Limited has 2 board changes on record since 2013: 2 appointments. The latest: Ravi Prakash was appointed as Director on 05 Jun 2013.
Credit Ratings, Litigation & Regulatory Alerts for Candour Software Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Candour Software Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Candour Software Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Candour Software Private Limited
Candour Software has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAFCC2853D1ZU | Uttar Pradesh | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Candour Software Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Candour Software Private Limited
Candour Software is an active private limited company based in Noida, Uttar Pradesh, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 05 June 2013 (13+ years old) and is registered under CIN U72300UP2013PTC057454.
Candour Software reported revenue of ₹1.93 Cr for FY 2025 (up 13% YoY).
Candour Software has 2 current directors:
- Yashu Varshney - Director
- Ravi Prakash - Director
Candour Software reported a net profit of ₹17.28 Lakh (net margin 8.9%) and EBITDA of ₹27.6 Lakh (EBITDA margin 14.3%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Candour Software is 15% over three years and 9% over five years. In the latest year (FY 2025) revenue rose 13%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Candour Software is 09AAFCC2853D1ZU, registered in Uttar Pradesh.
The CIN (Corporate Identification Number) of Candour Software is U72300UP2013PTC057454. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Candour Software was incorporated on 05 June 2013, making it 13+ years old. It is registered with the Registrar of Companies, Kanpur.
The peers of Candour Software by revenue are Digitalmain Private Limited, Silicon Line Systems Private Limited, Ingen Infotech Corp Private Limited, 3S Logics Private Limited, Indo Swiss Financial Software Development Company Private Limited and 5 more, all in the Information Technology industry (Application Development).
Ravi Prakash was appointed as Director on 05 Jun 2013. Yashu Varshney was appointed as Director on 05 Jun 2013.
The registered office of Candour Software is at E – 603 6th Floor Rg Residency Sector 120, Noida, Uttar Pradesh, India – 201301.