MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-KR-03-0188600
Less Carbon Technologies Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹15.16 Cr
▲ 64% YoY
Net profit · FY 2025
₹13.63 Lakh
Net margin 0.9%
EBITDA · FY 2025
₹24.96 Lakh
EBITDA margin 1.6%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹67,470
Issued & subscribed
Company age
4 yrs
Est. 2022
Employees · EPFO
17
Provident fund records
Directors on board
2
As per MCA filings
About Less Carbon Technologies Private Limited
Data last updated:
Less Carbon Technologies Private Limited is a foreign private limited company based in Bangalore, Karnataka, India, a subsidiary of Stepchange Inc.. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 21 February 2022.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74994KA2022FTC158155. Its GSTIN is 29AAECL9280E1Z7 (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹67,470. It is led by directors Ankit Jain and Aanchal Sagar Jain.
Its last annual general meeting (AGM) was held on 27 August 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹15.16 Cr, a growth of 64% compared to the previous year. For the same year it recorded a net profit of ₹13.63 Lakh (net margin 0.9%) and EBITDA of ₹24.96 Lakh (EBITDA margin 1.6%).
The company has about 17 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: StepChange. Court records list 1 case involving the company, including 1 filed by the company. The company has 1 deal on record (1 rights issue); the latest was in July 2023. Its 8 peer companies in the same principal business activity (other professional, scientific and technical activities) are compared by revenue, 3 larger and 5 smaller; the largest is Core Infinity Services Private Limited with revenue of ₹15.17 Cr.
Less Carbon Technologies Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-KR-03-0188600). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website stepchange.earth.
Company details
CIN U74994KA2022FTC158155
Registration Number 158155
Incorporation Date 21 February 2022
ROC Bangalore
Listing Status Unlisted
Company Status Active
Parent Company Stepchange Inc.
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-KR-03-0188600
Key People
Ankit Jain Director Aanchal Sagar Jain Director Recognitions & Rankings of Less Carbon Technologies
Contact details
Less Carbon Technologies Private Limited's registered office is in Bangalore, Karnataka. Its website is stepchange.earth. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressS – 805 Prestige Acropolis Apartments, #20 Hosur Road Next To Forum Mall, Bangalore, Karnataka, India – 560029
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Less Carbon Technologies Private Limited, buy the company report.
Comprehensive company report
Less Carbon 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
Less Carbon Technologies operates one associated brand: StepChange. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Carbon footprint, ESG, and climate risks are managed for businesses. | stepchange.earth |
Business activity
The main business activity of Less Carbon Technologies is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Less Carbon Technologies Private Limited, buy the company report.
Financials of Less Carbon Technologies Private Limited
FY 2026 filings availableLess Carbon Technologies Private Limited reported revenue of ₹15.16 Cr (up 64% YoY) for FY 2025.
Revenue · FY 2025
₹15.16 Cr ▲ 64%
Net profit · FY 2025
₹13.63 Lakh margin 0.9%
EBITDA · FY 2025
₹24.96 Lakh margin 1.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 64%
EBITDA CAGR growth
1 year
▲ 75%
Revenue rose 64% in the latest year. EBITDA rose 75% 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 | FY 2021-22 |
|---|---|---|---|---|
| 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 | ₹24.96 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹13.63 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 | FY 2021-22 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 1.6% | |||
| Net Profit Margin | 0.9% | |||
| 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 | ||||
| Inventory Days | ||||
| Revenue Growth | ||||
| Net Profit Growth | ||||
To see the full financial statements and ratios of Less Carbon Technologies Private Limited, buy the company report.
Board of directors of Less Carbon Technologies Private Limited
Less Carbon Technologies has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ankit Jain | Director | 21 Feb 2022 | 4 Years 8 Months | Current |
| Aanchal Sagar Jain Also directs: Osaw Handloom Private Limited | Director | 21 Feb 2022 | 4 Years 8 Months | Current |
Peer comparison
Less Carbon Technologies Private Limited is compared with the 8 companies closest to it by revenue in the same principal business activity (other professional, scientific and technical activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Core Infinity Services Private Limited | ₹15.17 Cr (FY 2022) | 55.0% | Mumbai, Maharashtra, India | |||
| Biorasi Clinical Services Private Limited | ₹15.16 Cr (FY 2024) | 383.0% | Thane, Maharashtra, India | |||
| Bharosepe Technology Services Private Limited | ₹15.16 Cr (FY 2025) | -2.0% | Bengaluru, Karnataka, India | |||
| Less Carbon Technologies Private Limitedthis company | ₹15.16 Cr (FY 2025) | ₹13.63 Lakh | 0.9% | 64.0% | 17 | Bangalore, Karnataka, India |
| S3v Vascular Technologies Limited | ₹15.15 Cr (FY 2024) | -20.0% | Mysore, Karnataka, India | |||
| Hi in Concepts Private Limited | ₹15.15 Cr (FY 2024) | 20.0% | Hyderabad, Telangana, India | |||
| Tripod Software Solutions Private Limited | ₹15.15 Cr (FY 2024) | 39.0% | Secunderabad, Telangana, India | |||
| Knowledgeworks Innovative Linguistic Solutions Private Limited | ₹15.15 Cr (FY 2025) | -17.0% | Bengaluru, Karnataka, India | |||
| Rainet Technology Private Limited | ₹15.13 Cr (FY 2024) | 918.0% | Noida, Uttar Pradesh, India |
To see the full peer comparison of Less Carbon Technologies Private Limited, buy the company report.
Auditor
Less Carbon Technologies Private Limited is audited by Abhishek J & Co. for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Abhishek J & Co. | FY 2024 | 546335 |
Shareholding
The shareholding of Less Carbon Technologies Private Limited is on record for 2 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Less Carbon Technologies Private Limited, buy the company report.
Deals & funding
Less Carbon Technologies Private Limited has 1 deal on record (1 rights issue); the latest was in July 2023.
Total deals
1
Rights issue
1
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2023 | Rights issue | ₹4.1 Cr | Investors: StepChange Inc. |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Less Carbon Technologies Private Limited has 1 court case on record: 1 filed by Less Carbon Technologies. All case is disposed.
Total cases
1
Filed by the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Writ petition | Filed by the company against Government E-Marketplace SPV & Ors. | Disposed |
To see the full case history of Less Carbon Technologies Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Less Carbon Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Less Carbon Technologies Private Limited has a workforce of 17 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Employee count
17
Active EPFO establishments
1
Employee growth
-61.4%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 17 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 |
To see the full employee and EPFO history of Less Carbon Technologies Private Limited, buy the company report.
GST
Less Carbon Technologies has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECL9280E1Z7 | Karnataka | Active | 17 May 2022 |
To see the full GST registrations and return filing status of Less Carbon Technologies Private Limited, buy the company report.
Recent activity
Less Carbon Technologies Private Limited has 2 board changes on record since 2022: 2 appointments. The latest: Aanchal Sagar Jain was appointed as Director on 21 Feb 2022.
AGM
Less Carbon Technologies Private Limited last Annual general meeting of members was held on 27 Aug 2026 as per latest MCA records.
Filing
Less Carbon Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Bangalore.
Appointed
Aanchal Sagar Jain was appointed as Director.
Appointed
Ankit Jain was appointed as Director.
Incorporation
21 Feb 2022
Less Carbon Technologies Private Limited was registered on 21 Feb 2022 with Roc Bangalore & aged 4 years 8 months as per MCA records.
News
Frequently asked questions
Less Carbon Technologies is an active foreign private limited company based in Bangalore, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 21 February 2022 (4+ years old) and is registered under CIN U74994KA2022FTC158155.
Less Carbon Technologies has 2 current directors:
- Ankit Jain - Director
- Aanchal Sagar Jain - Director
The latest financial statements of Less Carbon Technologies on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 27 August 2026. Year-wise statements from FY 2022 are in the company report.
The GSTIN of Less Carbon Technologies is 29AAECL9280E1Z7, registered in Karnataka.
The CIN (Corporate Identification Number) of Less Carbon Technologies is U74994KA2022FTC158155. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Less Carbon Technologies has 1 court case on record: 1 filed by the company.
Less Carbon Technologies was incorporated on 21 February 2022, making it 4+ years old. It is registered with the Registrar of Companies, Bangalore.
Less Carbon Technologies has 1 deal on record (1 rights issue); the latest was in July 2023.
The peers of Less Carbon Technologies by revenue are Core Infinity Services Private Limited, Biorasi Clinical Services Private Limited, Bharosepe Technology Services Private Limited, S3v Vascular Technologies Limited, Hi in Concepts Private Limited and 3 more, all in the same principal business activity (other professional, scientific and technical activities).
Aanchal Sagar Jain was appointed as Director on 21 Feb 2022. Ankit Jain was appointed as Director on 21 Feb 2022.
Yes, Less Carbon Technologies is registered as an MSME under Udyam registration (number: UDYAM-KR-03-0188600).
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