Candid Agro and Dairy LLP

Candid Agro and Dairy LLP - agriculture in Bangalore, Karnataka, India. FY 2026 financials & compliance.
LLPIN AAI-3832 Incorporated 25 January 2017 ROC Bangalore HQ Bangalore, Karnataka, India
Active Limited Liability Partnership agriculture Startup India MSME · Micro
Data last updated
Revenue · FY 2026
₹1.47 Cr
▲ 0.11% YoY
Net profit · FY 2026
₹1.26 Cr
Net margin 85.6%
EBITDA · FY 2026
₹1.4 Cr
EBITDA margin 94.9%
Contribution obligation
₹10 Lakh
As per LLP agreement
Open charges
₹30 Cr
Satisfied ₹8.65 Cr
LLP age
9 yrs
Est. 2017
Designated partners
4
As per MCA filings
Active GSTINs
1
GST registered

About Candid Agro and Dairy LLP

Data last updated:

Candid Agro and Dairy LLP is a limited liability partnership (LLP) based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the agricultural support and advisory segment of the agriculture sector. It was incorporated on 25 January 2017 and has been in existence for over 9 years.

The LLP is registered with the Registrar of Companies (ROC), Bangalore, under LLPIN AAI-3832. Its GSTIN is 29ABEFM9442R1ZB (Karnataka).

The LLP has a total obligation of contribution of ₹10 Lakh. It is led by designated partners including Anju Kejriwal and Mehal Kejriwal.

Its latest statement of accounts is for the year ended 31 March 2026. The registered office is at No:23 3rd Floor Mes Road Bahubali Nagar Jalahalli Village, Bangalore, Karnataka, India – 560013.

As per the financials filed for FY 2026, the LLP reported a revenue of ₹1.47 Cr. For the same year it recorded a net profit of ₹1.26 Cr (net margin 85.6%) and EBITDA of ₹1.4 Cr (EBITDA margin 94.9%). Revenue has declined at a compounded annual rate (CAGR) of 35% over three years and 34% over five years.

The LLP is associated with 1 brand: Happy Milk. As per MCA filings, the LLP has open charges of ₹30 Cr and satisfied charges of ₹8.65 Cr on record. Court records list 4 cases involving the LLP, including 3 filed by the LLP and 1 filed against it; 1 case is pending.

Candid Agro and Dairy LLP is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-25-0007705). For more details, the LLP can be reached via its website happymilk.in.

Company details

LLPIN AAI-3832
Incorporation Date 25 January 2017
Total Obligation of Contribution ₹10 Lakh
ROC Bangalore
Company Status Active
Date of Last AGM 31 March 2026
Date of Balance Sheet 31 March 2026
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-KR-25-0007705
Key People
Anju Kejriwal Designated Partner Mehal Kejriwal Designated Partner Vivek Kumar Kejriwal Designated Partner

Recognitions & Rankings of Candid Agro and Dairy

Startup India Government of India
MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-KR-25-0007705

Contact details

Candid Agro and Dairy LLP's registered office is in Bangalore, Karnataka. Its website is happymilk.in.

  • Website
    happymilk.in
  • Registered Address
    No:23 3rd Floor Mes Road Bahubali Nagar Jalahalli Village, Bangalore, Karnataka, India – 560013
  • Industry
    Agriculture, Agri Support Services
Comprehensive company report
Candid Agro and Dairy LLP - 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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Brands

Candid Agro and Dairy operates one associated brand: Happy Milk. Each brand links to its own profile.

BrandDescriptionWebsite
Happy Milk
Happy Milk is a trusted brand providing premium dairy products for health-conscious consumers.happymilk.in

Financials of Candid Agro and Dairy LLP

FY 2026 filings available

Candid Agro and Dairy LLP reported revenue of ₹1.47 Cr for FY 2026.

Revenue · FY 2026
₹1.47 Cr
Net profit · FY 2026
₹1.26 Cr margin 85.6%
EBITDA · FY 2026
₹1.4 Cr margin 94.9%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
3 years · compounded
▼ 35%
5 years · compounded
▼ 34%
EBITDA CAGR growth
1 year
▼ 4%
5 years · compounded
▲ 16%

Revenue has declined at a compounded annual rate (CAGR) of 34% over five years. EBITDA fell 4% 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

Statement of Account and SolvencyFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22
Income and Expenditure
Turnover₹1.47 Cr
Other Income
Total Income
Purchases and Direct Costs
Personnel Expenses
Administrative Expenses
Interest
Depreciation
Total Expenses
Profit Before Tax
Tax
Profit After Tax₹1.26 Cr
Profit Transferred to Partners
Assets and Liabilities
Partners' Contribution
Reserves and Surplus
Secured Loans
Unsecured Loans
Trade Payables
Other Liabilities and Provisions
Total Liabilities
Fixed Assets
Investments
Loans and Advances
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

Statement of Account and SolvencyFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22
Profitability
Net Profit Margin85.6%
Return on Partners' Funds
Return on Assets
Liquidity and Debt
Current Ratio
Debt to Partners' Funds
Interest Coverage
Efficiency and Growth
Asset Turnover
Receivable Days
Turnover Growth
Profit Growth

To see the full financial statements and ratios of Candid Agro and Dairy LLP, buy the company report.

Designated partners of Candid Agro and Dairy LLP

Candid Agro and Dairy has 4 current designated partners and 3 former designated partners. Current designated partners are listed first, with their designation and appointment date.

Current Designated Partners
NameDesignationAppointment DateTenureStatus
Anju Kejriwal
Also directs: Oci Lifestyles LLP, Sunergy Agro LLP
Designated Partner25 Jan 20179 Years 9 MonthsCurrent
Mehal Kejriwal
Also directs: Oci Lifestyles LLP
Designated Partner15 Jan 20206 Years 9 MonthsCurrent
Vivek Kumar Kejriwal
Also directs: Oci Lifestyles LLP, Sunvik Steels Private Limited
Designated Partner15 Jan 20206 Years 9 MonthsCurrent
Disha Kejriwal
Also directs: Sunergy Agro LLP
Designated Partner15 Jan 20206 Years 9 MonthsCurrent
View all designated partners

Charges & borrowings

Open charges
₹30 Cr
Satisfied charges
₹8.65 Cr
Breakdown by lending institutions
Vivriti Capital Limited₹30.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
02 Jul 2025101131844Vivriti Capital Limited₹30 CrOpen
01 Jan 2022100535478Hdfc Bank Limited₹2.5 CrSatisfied
01 Jan 2022100536646Hdfc Bank Limited₹6.15 CrSatisfied

To see the full charge records of Candid Agro and Dairy LLP, buy the company report.

Total charge records: 3 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Candid Agro and Dairy LLP; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Candid Agro and Dairy has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29ABEFM9442R1ZBKarnatakaActive02 Jan 2020

To see the full GST registrations and return filing status of Candid Agro and Dairy LLP, buy the company report.

Recent activity

Candid Agro and Dairy LLP has 5 designated partner changes on record since 2017: 4 appointments and 1 cessation. The latest: Anju Kejriwal ceased to be Designated Partner on 28 Nov 2022.

AGM
Candid Agro And Dairy Llp last Annual general meeting of members was held on 31 Mar 2026 as per latest MCA records.
Filing
Candid Agro And Dairy Llp has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Bangalore.
Charges
A charge with Vivriti Capital Limited amounted to Rs. 3,000.00 Lakh with Charge ID 101131844 was registered on 02 Jul 2025.
Charges
A charge registered on 01 Jan 2022 via Charge ID 100535478 with Hdfc Bank Limited was fully satisfied on 21 Jun 2023.
Charges
A charge registered on 01 Jan 2022 via Charge ID 100536646 with Hdfc Bank Limited was fully satisfied on 21 Jun 2023.
Ceased
Anju Kejriwal ceased to be Designated Partner.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 250.00 Lakh with Charge ID 100535478 was registered on 01 Jan 2022.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 615.00 Lakh with Charge ID 100536646 was registered on 01 Jan 2022.
Appointed
Disha Kejriwal was appointed as Designated Partner.
Appointed
Mehal Kejriwal was appointed as Designated Partner.
Appointed
Vivek Kumar Kejriwal was appointed as Designated Partner.
Appointed
Anju Kejriwal was appointed as Designated Partner.

1 earlier event is in the company report.

News

Mr Milkman forays into Bengaluru
26 Feb 2020 · Nuffoodsspectrum
Happy Milk Launches Cottage Cheese
20 Mar 2019 · Startupsuccessstories

Frequently asked questions

Candid Agro and Dairy is an active limited liability partnership based in Bangalore, Karnataka, India. The LLP works in agri support services, within the agriculture industry. It was incorporated on 25 January 2017 (9+ years old) and is registered under LLPIN AAI-3832.

Candid Agro and Dairy has 4 current designated partners:

The latest financial statements of Candid Agro and Dairy on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 31 March 2026. Year-wise statements from FY 2017 are in the company report.

The GSTIN of Candid Agro and Dairy is 29ABEFM9442R1ZB, registered in Karnataka.

The LLPIN (Limited Liability Partnership Identification Number) of Candid Agro and Dairy is AAI-3832. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.

Candid Agro and Dairy has 4 court cases on record: 3 filed by the LLP and 1 filed against it. 1 is pending. Most are in the district courts.

Candid Agro and Dairy was incorporated on 25 January 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.

Anju Kejriwal ceased to be Designated Partner on 28 Nov 2022. Disha Kejriwal was appointed as Designated Partner on 15 Jan 2020. Mehal Kejriwal was appointed as Designated Partner on 15 Jan 2020. Candid Agro and Dairy has 5 designated partner changes on record in total.

Yes, Candid Agro and Dairy is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

Yes, Candid Agro and Dairy is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-25-0007705).