About Cares Renewables
Cares Renewables is an Energy & Utilities company based in Coimbatore (India) founded in 2012 by Siva Harsh S and Raghuram Arjunan. It delivers solar power plant solutions, training programs, and component distribution in India. It operates on a B2B model. The company has 2 employees. Its Indian entity Cares Renewables Private Limited reported revenue of ₹30.8 Lakh. Cares Renewables offers products and services including Solar Microinverters, Solar Modules, and CARES Academy. Its focus areas include Education, Professional Training, Solar Certification and Energy. Its competitors include Fourth Partner Energy and Sterling And Wilson; 2 of its 2 listed competitors have raised funding.
Company details
Cares Renewables is a clean technology company focused on solar power, offering RD, consulting, project development, and training services. They test and distribute solar components like microinverters and panels across India. Operating from offices in Coimbatore and Trivandrum, they empower solar professionals through certification programs and aim for sustainable energy solutions with zero carbon emissions.
- Headquarters Coimbatore, India
- Employees 2
- Founders Siva Harsh S, Raghuram Arjunan
- SectorsEnergy & Utilities
- Email••••••••
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- Website caresrenewables.com
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- Legal Name Cares Renewables Private Limited
- Date of Incorporation 20 Mar, 2013
- Jurisdiction Coimbatore, Tamil Nadu, India
- Annual Revenue₹30.8 Lakh
FY 2024 · -96% YoY
- Net Loss-₹42.1 Lakh
FY 2024 · -136% margin
- EBITDA-₹53.7 Lakh
FY 2024 · -174% margin
- Employee Count2
Associated legal entities of Cares Renewables
Cares Renewables operates through Cares Renewables Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Cares Renewables Private Limited CIN U74900TZ2013PTC019286 | Active | 20 Mar 2013 | Coimbatore, Tamil Nadu | ₹0.3 Cr | 2 | 2 | View details |
Products & Services of Cares Renewables
Cares Renewables offers a comprehensive portfolio of products and services, including Solar Microinverters, Solar Modules, and CARES Academy.
Inverters for efficient DC power extraction in solar systems
Panels that generate renewable energy from sunlight
Certification for solar PV design and maintenance skills
Board of directors of Cares Renewables Private Limited (Cares Renewables)
Cares Renewables Private Limited is the primary company behind Cares Renewables. The board of Cares Renewables Private Limited currently have 2 directors; the longest-serving is Arjunan Raguram, appointed in 2013. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Arjunan Raguram DIN 06458150 | Director | 20 Mar 2013 | 13 yrs 7 mo | Cares Renewables Private Limited |
| Dharmalingam Saranya DIN 10222482 | Director | 05 Jul 2023 | 3 yrs 3 mo | Cares Renewables Private Limited |
People of Cares Renewables
2 people are tracked at Cares Renewables (2 in leadership); the tracked headcount is 2.
| Name | Role | Group |
|---|---|---|
Siva Harsh S | ex-Co-Founder | Leadership |
Raghuram Arjunan | Co Founder | Leadership |
Complete people profiles for Cares Renewables
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Financials of Cares Renewables
Figures of Cares Renewables Private Limited, the primary company behind Cares Renewables, for FY 2024. Revenue was ₹30.8 Lakh (-96% year on year). Net loss was -₹42.1 Lakh (-136% margin). EBITDA was -₹53.7 Lakh (-174% margin). Revenue has grown at a compounded annual rate of -57% over three years and -16% over five years.
- ₹30.8 LakhRevenue · FY 2024 · -96% YoY
- -₹42.1 LakhNet loss · -136% margin
- -₹53.7 LakhEBITDA · -174% margin
- ₹10 LakhPaid-up capital
- 2Employees (provident fund records)
- -57%Revenue CAGR, 3 years
- -16%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Cares Renewables Private Limited are on its company page.
Detailed financial statements for Cares Renewables
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Competitors of Cares Renewables
Cares Renewables has 2 listed competitors in our database, 2 of them funded. They include Fourth Partner Energy and Sterling And Wilson.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| fourthpartner.co | 2010 | Hyderabad, India | $564.02M | 425 | On-grid and off-grid solar solutions and products are provided. | |
| sterlingandwilson.com | 1927 | Mumbai, India | $50M | 6,013 | EPC and MEP services are provided across diverse sectors. |
Detailed competitors of Cares Renewables
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Frequently Asked Questions about Cares Renewables
Cares Renewables was founded in 2012.
Cares Renewables is headquartered in Coimbatore, India. It is registered at Coimbatore, Tamil Nadu, India.
Cares Renewables has 2 employees.
The primary company behind Cares Renewables, Cares Renewables Private Limited, reported revenue of ₹30.8 Lakh for FY 2024, down 96% year on year.
Cares Renewables is a clean technology company focused on solar power, offering RD, consulting, project development, and training services. They test and distribute solar components like microinverters and panels across India. Operating from offices in Coimbatore and Trivandrum, they empower solar professionals through certification programs and aim for sustainable energy solutions with zero carbon emissions.
Cares Renewables's top competitors include Fourth Partner Energy and Sterling And Wilson.
Cares Renewables offers Solar Microinverters, Solar Modules, and CARES Academy.
Cares Renewables operates through Cares Renewables Private Limited.
The legal entities of Cares Renewables currently have 2 directors, including Dharmalingam Saranya, Arjunan Raguram.