Carnot Technologies Private Limited

Carnot Technologies Private Limited - information technology in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U72300MH2015PTC267700 Incorporated 24 August 2015 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company information technology MSME · Small
Revenue · FY 2026
₹20.27 Cr
▼ 13% YoY
Net profit · FY 2026
₹1.17 Cr
Net margin 5.8%
EBITDA · FY 2026
₹1.53 Cr
EBITDA margin 7.5%
Authorised capital
₹22.3 Lakh
Registered with MCA
Paid-up capital
₹17.06 Lakh
Issued & subscribed
Company age
11 yrs
Est. 2015
Employees · EPFO
100
Provident fund records
Directors on board
4
As per MCA filings

About Carnot Technologies Private Limited

Data last updated:

Carnot Technologies Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Mahindra And Mahindra Limited. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 24 August 2015 and has been in existence for over 11 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72300MH2015PTC267700. Its GSTIN is 27AAGCC1799K1Z5 (Maharashtra). The company holds 4 GST registrations, of which 2 are active.

The company has an authorised share capital of ₹22.3 Lakh and a paid-up capital of ₹17.06 Lakh. It is led by directors including Pushkar Mohan Limaye (Whole-Time Director) and Rajeev Goyal.

Its last annual general meeting (AGM) was held on 14 July 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Mumbai, Maharashtra.

As per the financials filed for FY 2026, the company reported a revenue of ₹20.27 Cr, a decline of 13% compared to the previous year. For the same year it recorded a net profit of ₹1.17 Cr (net margin 5.8%) and EBITDA of ₹1.53 Cr (EBITDA margin 7.5%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 25% over five years.

The company has about 100 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Carnot. The company has 9 deals on record (4 funding rounds, 4 secondary share transfers, 1 rights issue), with disclosed funding of ₹15.92 Cr; the latest was in March 2022. The company has 2 MSME Form 1 returns on record for the period ending Sep 2023, listing 6 overdue payments to 1 micro and small supplier.

Carnot Technologies Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0043953). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website carsense.in.

Company details

CIN U72300MH2015PTC267700
Registration Number 267700
Incorporation Date 24 August 2015
ROC Mumbai
Listing Status Unlisted
Company Status Active
Parent Company Mahindra And Mahindra Limited
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-19-0043953
Key People
Pushkar Mohan Limaye Whole-Time Director Rajeev Goyal Director Ishneh Singh Kocher Director

Recognitions & Rankings of Carnot Technologies

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-MH-19-0043953

Contact details

Carnot Technologies Private Limited's registered office is in Mumbai, Maharashtra. Its website is carsense.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    carsense.in
  • Social Media
  • Registered Address
    Unit No.1002 Jay Antriksh Prem Co – Op Soc Ltd, Makwana Road Marol Andheri (East), Mumbai, Maharashtra, India – 400059
  • Industry
    Information Technology, Application Development & Software Solutions

To see the full contact details of Carnot Technologies Private Limited, buy the company report.

Comprehensive company report
Carnot Technologies 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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Brands

Carnot Technologies operates one associated brand: Carnot. Each brand links to its own profile.

BrandDescriptionWebsite
Carnot
Farm analytics and tractor telematics solutions are provided for agriculture.carnot.co.in

Business activity

The main business activity of Carnot Technologies is information and communication. In detail, this covers information service activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communication63Information service activities

To see the full business activity and turnover split of Carnot Technologies Private Limited, buy the company report.

Financials of Carnot Technologies Private Limited

FY 2026 filings available

Carnot Technologies Private Limited reported revenue of ₹20.27 Cr (down 13% YoY) for FY 2026.

Revenue · FY 2026
₹20.27 Cr ▼ 13%
Net profit · FY 2026
₹1.17 Cr margin 5.8%
EBITDA · FY 2026
₹1.53 Cr margin 7.5%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 13%
3 years · compounded
▼ 5%
5 years · compounded
▲ 25%
EBITDA CAGR growth
1 year
▼ 65%
3 years · compounded
▼ 24%

Revenue fell 13% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 25%. EBITDA fell 65% 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

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹20.27 Cr
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹1.53 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹1.17 Cr
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

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22
Profitability
EBITDA Margin7.5%
Net Profit Margin5.8%
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 Carnot Technologies Private Limited, buy the company report.

Board of directors of Carnot Technologies Private Limited

Carnot Technologies has 4 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Rajeev Goyal
Also directs: Mahindra Epc Irrigation Limited, Mahindra Agri Solutions Limited, Kota Farm Services Limited and 2 more
Director17 Mar 20224 Years 7 MonthsCurrent
Pushkar Mohan Limaye
Also directs: Limaye Innovation Ventures LLP
Whole-Time Director24 Aug 201511 Years 2 MonthsCurrent
Ishneh Singh Kocher
Also directs: Mahindra Solarize Private Limited
Director09 Dec 20250 Years 11 MonthsCurrent
Kothandaraman Anusha
Also directs: M.I.T.R.A. Agro Equipments Private Limited, Indian Council On Global Relations
Director17 Jul 20251 Years 3 MonthsCurrent
View all directors

Auditor

Carnot Technologies Private Limited is audited by Nayak & Rane for the financial year 2026.

Auditor firmFinancial yearFirm registration number
Nayak & RaneFY 2026117249W

Shareholding

The shareholding of Carnot Technologies Private Limited is on record for 5 financial years, the latest being FY 2026, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2026FY 2025FY 2024FY 2023FY 2022
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Carnot Technologies Private Limited, buy the company report.

Deals & funding

Carnot Technologies Private Limited has 9 deals on record (4 funding rounds, 4 secondary share transfers, 1 rights issue), with disclosed funding of ₹15.92 Cr; the latest was in March 2022.

Total deals
9
Funding rounds
4
Secondary share transfers
4
Rights issue
1
Disclosed funding
₹15.92 Cr

Deals on record (5 of 9)

WhenDealAmountParties
Mar 2022Secondary share transferUndisclosedBuyer: Mahindra and Mahindra Limited
Mar 2022Funding round · Series C₹2.5 CrInvestors: Mahindra and Mahindra Limited
Sep 2020Funding round · Series B₹3 CrInvestors: Mahindra and Mahindra Limited
Sep 2020Secondary share transferUndisclosedBuyer: Mahindra and Mahindra Limited
Seller: Whiteboard Capital, 3 individuals
Mar 2018Secondary share transferUndisclosedBuyer: Mahindra and Mahindra Limited
Seller: 4 individuals

To see the full deal history of Carnot Technologies Private Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

Carnot Technologies Private Limited has 2 MSME Form 1 returns on record for the period ending Sep 2023, listing 6 overdue payments to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (1 of 1)

SupplierAmount dueDue sinceReported on
Harness Techniques (India) Private Limited

To see the full MSME payment records of Carnot Technologies Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Carnot Technologies Private Limited has a workforce of 100 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.

Employee count
100
Active EPFO establishments
1
Employee growth
14.9%

Headcount by financial year

Financial yearEmployees (EPFO)
FY 2026-27100
FY 2025-26
FY 2024-25
FY 2023-24
FY 2022-23
FY 2021-22
FY 2020-21
FY 2019-20

To see the full employee and EPFO history of Carnot Technologies Private Limited, buy the company report.

GST

Carnot Technologies has 4 GST registrations: 2 active and 2 cancelled or inactive.

Total GSTINs
4
Active
2
Cancelled / inactive
2
GSTINStateStatusRegistered on
27AAGCC1799K1Z5MaharashtraActive01 Jul 2017
23AAGCC1799K1ZDMadhya PradeshActive11 Nov 2022

To see the full GST registrations and return filing status of Carnot Technologies Private Limited, buy the company report.

Recent activity

Carnot Technologies Private Limited has 10 board changes on record since 2015: 4 appointments and 6 cessations. The latest: Ishneh Singh Kocher was appointed as Director on 09 Dec 2025.

AGM
Carnot Technologies Private Limited last Annual general meeting of members was held on 14 Jul 2026 as per latest MCA records.
Filing
Carnot Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Mumbai I.
Appointed
Ishneh Singh Kocher was appointed as Director.
Appointed
Kothandaraman Anusha was appointed as Director.
Ceased
Isha Dalal ceased to be Additional Director.
Ceased
Deven Murarilal Maskara ceased to be Additional Director.
Ceased
Ramesh Ramachandran ceased to be Additional Director.
Ceased
Pushkar Mohan Limaye ceased to be Director.
Ceased
Rohan Atul Vadgaonkar ceased to be Director.
Ceased
Rajeev Goyal ceased to be Additional Director.
Appointed
Rajeev Goyal was appointed as Director.
Appointed
Pushkar Mohan Limaye was appointed as Whole-Time Director.

1 earlier event is in the company report.

News

M&M pact for auto technology
22 Feb 2018 · Telegraphindia

Frequently asked questions

Carnot Technologies is an active private limited company based in Mumbai, Maharashtra, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 24 August 2015 (11+ years old) and is registered under CIN U72300MH2015PTC267700.

Carnot Technologies has 4 current directors:

The latest financial statements of Carnot Technologies on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 14 July 2026. Year-wise statements from FY 2016 are in the company report.

The GSTIN of Carnot Technologies is 27AAGCC1799K1Z5, registered in Maharashtra. The company has 4 GST registrations in all, of which 2 are active and 2 are cancelled or inactive. Other active GSTINs include 23AAGCC1799K1ZD (Madhya Pradesh).

The CIN (Corporate Identification Number) of Carnot Technologies is U72300MH2015PTC267700. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Carnot Technologies was incorporated on 24 August 2015, making it 11+ years old. It is registered with the Registrar of Companies, Mumbai.

Carnot Technologies has 9 deals on record (4 funding rounds, 4 secondary share transfers, 1 rights issue), with disclosed funding of ₹15.92 Cr; the latest was in March 2022.

Ishneh Singh Kocher was appointed as Director on 09 Dec 2025. Kothandaraman Anusha was appointed as Director on 17 Jul 2025. Isha Dalal ceased to be Additional Director on 16 Jul 2025. Carnot Technologies has 10 board changes on record in total.

Yes, Carnot Technologies is registered as a small enterprise under Udyam registration (number: UDYAM-MH-19-0043953).

Carnot Technologies has 2 MSME Form 1 returns on record for the period ending Sep 2023, listing 6 overdue payments to 1 micro and small supplier. The latest return was filed on 17 Nov 2023.

Carnot Technologies can be reached through the website carsense.in. Its registered office is in Mumbai, Maharashtra, India.