Candid Power Systems Private Limited

Produces and transmits wind energy to government utilities as part of Candid group's travel services.

2009 | Chennai, Tamil Nadu (India) | Active
Last Updated: December 20, 2024

Candid Power Systems Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.19 M
  • Company Age 15 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 6.00 Cr
  • Revenue Growth -1.94%
  • Profit Growth -17.62%
  • Ebitda -20.82%
  • Net Worth 134.34%
  • Total Assets 47.18%

About Candid Power Systems

Candid Power Systems Private Limited (CPSPL) is a Private Limited Indian Non-Government Company incorporated in India on 15 September 2009 and has a history of 15 years and five months. Its registered office is in Chennai, Tamil Nadu, India.

The Company is engaged in the Environment Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 1.00 M and a paid-up capital of Rs 0.19 M.

The company currently has active open charges totaling ₹6.00 Cr.

Gayathri Baskaran and Nandakumar Baskaran serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    candidgroup.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U40109TN2009PTC072918

  • Company No.

    072918

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    15 Sep 2009

  • Date of AGM

    14 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Environment

Who are the key members and board of directors at Candid Power Systems?

Board Members (2)

NameDesignationAppointment DateStatus
Gayathri Baskaran Country flag representing In Director 15-Sep-2009Current
Nandakumar Baskaran Country flag representing In Director 19-Nov-2013Current

Financial Performance of Candid Power Systems.

Candid Power Systems Private Limited, for the financial year ended 2020, experienced Minor drop in revenue, with a 1.94% decrease. The company also saw a substantial fall in profitability, with a 17.62% decrease in profit. The company's net worth Soared by an impressive increase of 134.34%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-1.94%
Revenue from Operations
-4.32%
Total Assets
47.18%
Profit or Loss
-17.62%
Net Worth
134.34%
EBITDA
-20.82%

What is the Ownership and Shareholding Structure of Candid Power Systems?

In 2020, Candid Power Systems had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹60.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • State Bank Of Travancore : 6.00 Cr

Latest Charge Details

DateLenderAmountStatus
14 Nov 2009State Bank Of Travancore₹6.00 CrOpen

How Many Employees Work at Candid Power Systems?

Unlock and access historical data on people associated with Candid Power Systems, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Candid Power Systems, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Candid Power Systems's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Candid Power Systems

Recent activity within the organization

  • Annual General Meeting

    Candid Power Systems Private Limited last Annual general meeting of members was held on 14 Aug 2024 as per latest MCA records.

    14 Aug 2024

  • Balance Sheet

    Candid Power Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

    31 Mar 2024

  • Director Appointment

    Nandakumar Baskaran was appointed as a Director was appointed as a Director on 19 Nov 2013 & has been associated with this company since 11 years 3 months .

    19 Nov 2013

  • Charges

    A charge with State Bank Of Travancore amounted to Rs. 60.00 M with Charge ID 10188540 was registered on 14 Nov 2009.

    14 Nov 2009

  • Director Appointment

    Gayathri Baskaran was appointed as a Director was appointed as a Director on 15 Sep 2009 & has been associated with this company since 15 years 5 months .

    15 Sep 2009

  • Company Incorporation

    Candid Power Systems Private Limited was registered on 15 Sep 2009 with Roc Chennai & aged 15 years 5 months as per MCA records.

    15 Sep 2009

Frequently asked questions

  • Candid Power Systems Private Limited was incorporated on 15 Sep 2009.

  • The authorized share capital of Candid Power Systems Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.19 M.

  • Currently 2 directors are associated with Candid Power Systems Private Limited.

    • Gayathri Baskaran
    • Nandakumar Baskaran
  • As per Ministry of Corporate Affairs (Mca), the registered address of Candid Power Systems Private Limited is Plot No.4285 U 86 Anna Nagar India, Chennai, Tamil Nadu, 600040.

  • The corporate identification number (CIN) of Candid Power Systems Private Limited is U40109TN2009PTC072918 and the company number is 072918 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Candid Power Systems Private Limited is https://www.candidgroup.com

  • According to the financial reports for the fiscal year 2020, the revenue trend for Candid Power Systems Private Limited has fallen by -1.94%.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Candid Power Systems Private Limited has experienced an upsurge of 134.34%.

  • As per the financial statements for fiscal Year 2020, The total open charges for Candid Power Systems Private Limited amount to ₹ 6.00 Cr.

  • The most recent Balance Sheet for Candid Power Systems Private Limited was filed with the ROC on 31 Mar 2024.

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