Startup India Government of India
Candour Systems Private Limited - information technology in Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹2.96 Cr
▼ 2% YoY
Net profit · FY 2025
₹2.28 Lakh
Net margin 0.8%
EBITDA · FY 2025
₹19.51 Lakh
EBITDA margin 6.6%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹1.36 Cr
Secured borrowings
Company age
4 yrs
Est. 2022
Employees · EPFO
36
Provident fund records
About Candour Systems Private Limited
Data last updated:
Candour Systems Private Limited is a private limited company based in Delhi, India, recognised as a startup by DPIIT. It operates in the software development and support services segment of the technology and IT services sector. It was incorporated on 18 April 2022.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U72900DL2022PTC396723. Its GSTIN is 09AAKCC2408F1ZU (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 including Vishal Tyagi and Suman Tyagi.
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 B – 57 Kn – 872 & 873 First Floor East Jyoti Nagar, Delhi, India – 110093.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.96 Cr, a decline of 2% compared to the previous year. For the same year it recorded a net profit of ₹2.28 Lakh (net margin 0.8%) and EBITDA of ₹19.51 Lakh (EBITDA margin 6.6%).
The company has about 36 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Candour Systems. As per MCA filings, the company has open charges of ₹1.36 Cr on record.
Candour Systems Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-05-0019200). For more details, the company can be reached via its website candoursystems.com.
Company details
CIN U72900DL2022PTC396723
Registration Number 396723
Incorporation Date 18 April 2022
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-DL-05-0019200
Recognitions & Rankings of Candour Systems
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-DL-05-0019200
Contact details
Candour Systems Private Limited's registered office is in Delhi, Delhi. Its website is candoursystems.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered AddressB – 57 Kn – 872 & 873 First Floor East Jyoti Nagar, Delhi, India – 110093
- IndustryInformation Technology, Software Development & Support Services, Enterprise Resource Planning (ERP) Solutions
To see the full contact details of Candour Systems Private Limited, buy the company report.
Comprehensive company report
Candour Systems 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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Secure checkout · GST invoice included
Brands
Candour Systems 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 |
Business activity
The main business activity of Candour Systems is manufacturing. In detail, this covers computer, electronic, communication and scientific measuring & control equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C9 | Computer, electronic, Communication and scientific measuring & control equipment |
To see the full business activity and turnover split of Candour Systems Private Limited, buy the company report.
Financials of Candour Systems Private Limited
FY 2025 filings availableCandour Systems Private Limited reported revenue of ₹2.96 Cr (down 2% YoY) for FY 2025.
Revenue · FY 2025
₹2.96 Cr ▼ 2%
Net profit · FY 2025
₹2.28 Lakh margin 0.8%
EBITDA · FY 2025
₹19.51 Lakh margin 6.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 2%
EBITDA CAGR growth
1 year
▼ 4%
Revenue fell 2% in the latest year. EBITDA fell 4% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| 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 | ₹19.51 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹2.28 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 2023-24 | FY 2022-23 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 6.6% | ||
| Net Profit Margin | 0.8% | ||
| 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 Systems Private Limited, buy the company report.
Board of directors of Candour Systems Private Limited
Candour Systems has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vishal Tyagi Also directs: Vawerensol LLP, Techveda Innovations Private Limited, Edunyks Private Limited and 1 more | Director | 18 Apr 2022 | 4 Years 6 Months | Current |
| Suman Tyagi | Director | 18 Apr 2022 | 4 Years 6 Months | Current |
| Nitin Tyagi Also directs: Vawerensol LLP, Seco Machines Private Limited, Techveda Innovations Private Limited and 1 more | Director | 18 Apr 2022 | 4 Years 6 Months | Current |
Auditor
Candour Systems Private Limited is audited by ARUN KUMAR GARG for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ARUN KUMAR GARG | FY 2023 | 073950 |
Shareholding
The shareholding of Candour Systems Private Limited is on record for FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Candour Systems Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1.36 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Oct 2024 | 100987430 | Hdfc Bank Limited | ₹23.7 Lakh | Open | |
| 30 Sep 2024 | 100982233 | Hdfc Bank Limited | ₹23.7 Lakh | Open | |
| 30 Sep 2024 | 100982310 | Hdfc Bank Limited | ₹23.7 Lakh | Open | |
| 18 Sep 2024 | 100992249 | Others | ₹45 Lakh | Open | |
| 01 Nov 2023 | 100853995 | Idbi Bank Limited | ₹20 Lakh | Open |
Total charge records: 5 View all charges
Legal cases
No court or tribunal cases involving Candour Systems 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 Systems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Candour Systems has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAKCC2408F1ZU | Uttar Pradesh | Active | 17 May 2022 |
To see the full GST registrations and return filing status of Candour Systems Private Limited, buy the company report.
Recent activity
Candour Systems Private Limited has 4 board changes on record since 2022: 3 appointments and 1 cessation. The latest: Alphonse ceased to be Director on 15 Jun 2023.
AGM
Candour Systems Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Candour Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 23.70 Lakh with Charge ID 100987430 was registered on 16 Oct 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 23.70 Lakh with Charge ID 100982233 was registered on 30 Sep 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 23.70 Lakh with Charge ID 100982310 was registered on 30 Sep 2024.
Charges
A charge with Others amounted to Rs. 45.00 Lakh with Charge ID 100992249 was registered on 18 Sep 2024.
Charges
A charge with Idbi Bank Limited amounted to Rs. 20.00 Lakh with Charge ID 100853995 was registered on 01 Nov 2023.
Ceased
Alphonse ceased to be Director.
Appointed
Nitin Tyagi was appointed as Director.
Appointed
Suman Tyagi was appointed as Director.
Appointed
Vishal Tyagi was appointed as Director.
Incorporation
18 Apr 2022
Candour Systems Private Limited was registered on 18 Apr 2022 with Roc Delhi & aged 4 years 6 months as per MCA records.
Frequently asked questions
Candour Systems is an active private limited company based in Delhi, India. The company works in software development and support services, within the information technology industry. It was incorporated on 18 April 2022 (4+ years old) and is registered under CIN U72900DL2022PTC396723.
Candour Systems has 3 current directors:
- Vishal Tyagi - Director
- Suman Tyagi - Director
- Nitin Tyagi - Director
The latest financial statements of Candour Systems 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 2023 are in the company report.
The GSTIN of Candour Systems is 09AAKCC2408F1ZU, registered in Uttar Pradesh.
The CIN (Corporate Identification Number) of Candour Systems is U72900DL2022PTC396723. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Candour Systems was incorporated on 18 April 2022, making it 4+ years old. It is registered with the Registrar of Companies, Delhi.
Alphonse ceased to be Director on 15 Jun 2023. Nitin Tyagi was appointed as Director on 18 Apr 2022. Suman Tyagi was appointed as Director on 18 Apr 2022. Candour Systems has 4 board changes on record in total.
Yes, Candour Systems is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Candour Systems is registered as a micro enterprise under Udyam registration (number: UDYAM-DL-05-0019200).
Candour Systems can be reached through the website candoursystems.com. Its registered office is in Delhi, India.