About ICARE Elevators
ICARE Elevators is a Real Estate & Construction company based in Mangaluru (India) founded in 2011. Elevator installation, service, maintenance, and modernization services provided in India with global support. It operates in the Real Estate & Construction and Industrial Goods & Manufacturing sectors. The company has 31 employees. Its Indian entity Icare Lifts Private Limited reported revenue of ₹3.48 Cr. ICARE Elevators offers products and services including Elevator Installation and Service and Maintenance. Its focus areas include Construction and Engineering, Building Services, Elevator Systems and Installation and Maintenance.
Company details
ICARE Elevators is known for offering elevator installation, service, maintenance, and modernization, with services extended to government projects in India and global support available worldwide. Offices are maintained in locations such as Moodabidri, Bangalore, Udupi, London, and Saudi Arabia. A quality policy ensures that supreme products and services are delivered to meet customer expectations, emphasizing reliable performance and satisfaction as key to success. Contact details include email and phone for inquiries.
- Headquarters Mangaluru, India
- Employees 31
- SectorsReal Estate & ConstructionIndustrial Goods & Manufacturing
- Email••••••••
- Social LinkedIn Facebook
- Legal Name Icare Lifts Private Limited
- Date of Incorporation 04 Jul, 2011
- Jurisdiction Mangalore, Karnataka, India
- Annual Revenue₹3.48 Cr
FY 2025 · +56% YoY
- Net Profit₹9.2 Lakh
FY 2025 · 3% margin
- EBITDA₹21 Lakh
FY 2025 · 6% margin
- Employee Count31
Associated legal entities of ICARE Elevators
ICARE Elevators operates through Icare Lifts Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Icare Lifts Private Limited CIN U29241KA2011PTC059452 | Active | 04 Jul 2011 | Mangalore, Karnataka | ₹3.5 Cr | 31 | 2 | View details |
Products & Services of ICARE Elevators
ICARE Elevators offers a comprehensive portfolio of products and services, including Elevator Installation and Service and Maintenance.
Elevator installation is performed for various projects to meet operational needs.
Service and maintenance of elevators are conducted by qualified engineers to keep equipment performing at its peak.
Board of directors of Icare Lifts Private Limited (ICARE Elevators)
Icare Lifts Private Limited is the primary company behind ICARE Elevators. The board of Icare Lifts Private Limited currently have 2 directors; the longest-serving is Rajesh Khanna Bhat, appointed in 2012. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Rajesh Khanna Bhat DIN 05312132 | Director | 01 Jun 2012 | 14 yrs 4 mo | Icare Lifts Private Limited |
| Anitha Francis Dsouza DIN 07300001 | Director | 26 Sep 2015 | 11 yrs | Icare Lifts Private Limited |
Financials of ICARE Elevators
Figures of Icare Lifts Private Limited, the primary company behind ICARE Elevators, for FY 2025. Revenue was ₹3.48 Cr (+56% year on year). Net profit was ₹9.2 Lakh (3% margin). EBITDA was ₹21 Lakh (6% margin). Revenue has grown at a compounded annual rate of +23% over three years and +20% over five years.
- ₹3.48 CrRevenue · FY 2025 · +56% YoY
- ₹9.2 LakhNet profit · 3% margin
- ₹21 LakhEBITDA · 6% margin
- ₹60 LakhPaid-up capital
- 31Employees (provident fund records)
- +23%Revenue CAGR, 3 years
- +20%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Icare Lifts Private Limited are on its company page.
Detailed financial statements for ICARE Elevators
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Frequently Asked Questions about ICARE Elevators
ICARE Elevators was founded in 2011.
ICARE Elevators is headquartered in Mangaluru, India. It is registered at Mangaluru, Karnataka, India.
ICARE Elevators has 31 employees.
The primary company behind ICARE Elevators, Icare Lifts Private Limited, reported revenue of ₹3.48 Cr for FY 2025, up 56% year on year.
ICARE Elevators is known for offering elevator installation, service, maintenance, and modernization, with services extended to government projects in India and global support available worldwide. Offices are maintained in locations such as Moodabidri, Bangalore, Udupi, London, and Saudi Arabia. A quality policy ensures that supreme products and services are delivered to meet customer expectations, emphasizing reliable performance and satisfaction as key to success. Contact details include email and phone for inquiries.
ICARE Elevators offers Elevator Installation and Service and Maintenance.
ICARE Elevators operates through Icare Lifts Private Limited.
The legal entities of ICARE Elevators currently have 2 directors, including Anitha Francis Dsouza, Rajesh Khanna Bhat.