About Care Esg Ratings Limited
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Care Esg Ratings Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Care Ratings Limited. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 06 September 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U66190MH2016PLC285575. Its GSTIN is 27AAGCC6207J1ZM (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹14.1 Cr. It was formerly known as Care Advisory Research and Training Limited. It is led by directors including Rajiv Bansal and Jinesh Jitendra Shah.
Its last annual general meeting (AGM) was held on 30 June 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Godrej Coliseum 4th Floor Somaiya Hospital Road Off Eastern Express Highway Sion (East), Mumbai, Maharashtra, India – 400022.
As per the financials filed for FY 2026, the company reported a revenue of ₹2.45 Cr, a growth of 99% compared to the previous year. For the same year it recorded a net loss of ₹2.06 Cr (net margin -84.2%) and EBITDA of -₹1.92 Cr (EBITDA margin -78.6%). Revenue has declined at a compounded annual rate (CAGR) of 34% over three years and 15% over five years.
The company has about 10 employees on its provident fund (EPFO) records.
The company has 2 deals on record (2 acquisitions); the latest was in November 2022. The company has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 2 overdue payments to 1 micro and small supplier.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website careratings.com.
Company details
CIN history
Care Esg Ratings has one previous CIN (Corporate Identification Number): U74999MH2016PLC285575. The current CIN is U66190MH2016PLC285575, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U66190MH2016PLC285575 | Current |
| U74999MH2016PLC285575 | Previous |
Contact details
Care Esg Ratings Limited's registered office is in Mumbai, Maharashtra. Its website is careratings.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressGodrej Coliseum 4th Floor Somaiya Hospital Road Off Eastern Express Highway Sion (East), Mumbai, Maharashtra, India – 400022
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of Care Esg Ratings Limited, buy the company report.
- 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
Business activity
The main business activity of Care Esg Ratings is financial and insurance activities. In detail, this covers activities auxiliary to financial service and insurance activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance activities | 66 | Activities auxiliary to financial service and insurance activities |
To see the full business activity and turnover split of Care Esg Ratings Limited, buy the company report.
Financials of Care Esg Ratings Limited
FY 2026 filings availableCare Esg Ratings Limited reported revenue of ₹2.45 Cr (up 99% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR)
Revenue rose 99% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 15%. EBITDA rose 58% 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
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹2.45 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹1.92 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹2.06 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -78.6% | ||||
| Net Profit Margin | -84.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
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To see the full financial statements and ratios of Care Esg Ratings Limited, buy the company report.
Board of directors of Care Esg Ratings Limited
Care Esg Ratings has 4 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajiv Bansal | Director | 14 Jul 2025 | 1 Years 4 Months | Current |
| Jinesh Jitendra Shah | Director | 09 Jul 2025 | 1 Years 4 Months | Current |
| Mehul Harshadray Pandya Also directs: Care Ratings Limited, Careedge Global Ifsc Limited, Care Analytics and Advisory Private Limited and 2 more | Director | 09 Sep 2016 | 10 Years 2 Months | Current |
| Madhu Dubhashi Also directs: Tega Industries Limited, Sanghvi Movers Limited, JM Financial Trustee Company Private Limited and 1 more | Director | 02 Feb 2024 | 2 Years 9 Months | Current |
Auditor
Care Esg Ratings Limited is audited by B S R & Co. LLP for the financial year 2026.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B S R & Co. LLP | FY 2026 | 101248W/W-100022 |
Shareholding
The shareholding of Care Esg Ratings 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 category | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Care Esg Ratings Limited, buy the company report.
Deals & funding
Care Esg Ratings Limited has 2 deals on record (2 acquisitions); the latest was in November 2022.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2022 | Acquisition | ₹10 Cr | Buyer: Care Ratings Limited |
| Mar 2017 | Acquisition | ₹4.45 Cr | Buyer: Care Ratings Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Care Esg Ratings Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
Care Esg Ratings Limited has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 2 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)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier |
To see the full MSME payment records of Care Esg Ratings Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Care Esg Ratings Limited has a workforce of 10 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 10 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 |
To see the full employee and EPFO history of Care Esg Ratings Limited, buy the company report.
GST
Care Esg Ratings has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCC6207J1ZM | Maharashtra | Active | 01 Jul 2017 |
| 06AAGCC6207J1ZQ | Haryana | Active | 28 Jun 2019 |
To see the full GST registrations and return filing status of Care Esg Ratings Limited, buy the company report.
Recent activity
Care Esg Ratings Limited has 15 board changes on record since 2016: 4 appointments and 11 cessations. The latest: Rajiv Bansal was appointed as Director on 14 Jul 2025.
6 earlier events are in the company report.
News
Frequently asked questions
Care Esg Ratings is an active public limited company based in Mumbai, Maharashtra, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 06 September 2016 (10+ years old) and is registered under CIN U66190MH2016PLC285575.
Care Esg Ratings has 4 current directors:
- Rajiv Bansal - Director
- Jinesh Jitendra Shah - Director
- Mehul Harshadray Pandya - Director
- Madhu Dubhashi - Director
The latest financial statements of Care Esg Ratings on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 30 June 2026. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Care Esg Ratings is 27AAGCC6207J1ZM, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 06AAGCC6207J1ZQ (Haryana).
The CIN (Corporate Identification Number) of Care Esg Ratings is U66190MH2016PLC285575. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Care Esg Ratings was incorporated on 06 September 2016, making it 10+ years old. It is registered with the Registrar of Companies, Mumbai.
Care Esg Ratings has 2 deals on record (2 acquisitions); the latest was in November 2022.
Rajiv Bansal was appointed as Director on 14 Jul 2025. Jinesh Jitendra Shah was appointed as Director on 09 Jul 2025. Sonal Gunvant Desai ceased to be Additional Director on 27 Jun 2024. Care Esg Ratings has 15 board changes on record in total.
Care Esg Ratings has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 2 overdue payments to 1 micro and small supplier. The latest return was filed on 08 Jun 2019.
Care Esg Ratings can be reached through the website careratings.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Care Esg Ratings is at Godrej Coliseum 4th Floor Somaiya Hospital Road Off Eastern Express Highway Sion East, Mumbai, Maharashtra, India – 400022.
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