MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-TN-03-0015612
Cares Renewables Private Limited - environment in Coimbatore, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹30.85 Lakh
▼ 96% YoY
Net loss · FY 2024
₹42.09 Lakh
Net margin -136.4%
EBITDA · FY 2024
-₹53.69 Lakh
EBITDA margin -174%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Open charges
₹1.4 Cr
Secured borrowings
Company age
13 yrs
Est. 2013
Employees · EPFO
2
Provident fund records
About Cares Renewables Private Limited
Data last updated:
Cares Renewables Private Limited is a private limited company based in Coimbatore, Tamil Nadu, India. It operates in the solar energy solutions segment of the environmental services sector. It was incorporated on 20 March 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U74900TZ2013PTC019286. Its GSTIN is 33AAFCC2484E1ZY (Tamil Nadu).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Dharmalingam Saranya and Arjunan Raguram.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 9/8 3rd Street Poombugar Nagar Thudiyalur Post, Coimbatore, Tamil Nadu, India – 641034.
As per the financials filed for FY 2024, the company reported a revenue of ₹30.85 Lakh, a decline of 96% compared to the previous year. For the same year it recorded a net loss of ₹42.09 Lakh (net margin -136.4%) and EBITDA of -₹53.69 Lakh (EBITDA margin -174%). Revenue has declined at a compounded annual rate (CAGR) of 57% over three years and 16% over five years.
The company has about 2 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Cares Renewables. As per MCA filings, the company has open charges of ₹1.4 Cr on record.
Cares Renewables Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-03-0015612). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website caresrenewables.com.
Company details
CIN U74900TZ2013PTC019286
Registration Number 019286
Incorporation Date 20 March 2013
ROC Coimbatore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-TN-03-0015612
Recognitions & Rankings of Cares Renewables
Contact details
Cares Renewables Private Limited's registered office is in Coimbatore, Tamil Nadu. Its website is caresrenewables.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address9/8 3rd Street Poombugar Nagar Thudiyalur Post, Coimbatore, Tamil Nadu, India – 641034
- IndustryEnvironment, Solar Energy Solutions
To see the full contact details of Cares Renewables Private Limited, buy the company report.
Comprehensive company report
Cares Renewables 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Cares Renewables operates one associated brand: Cares Renewables. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers solar power plant solutions, training programs, and component distribution in India. | caresrenewables.com |
Business activity
The main business activity of Cares Renewables is support service to organizations. In detail, this covers other support services to organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Cares Renewables Private Limited, buy the company report.
Financials of Cares Renewables Private Limited
FY 2024 filings availableCares Renewables Private Limited reported revenue of ₹30.85 Lakh (down 96% YoY) for FY 2024.
Revenue · FY 2024
₹30.85 Lakh ▼ 96%
Net loss · FY 2024
₹42.09 Lakh margin -136.4%
EBITDA · FY 2024
-₹53.69 Lakh margin -174%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 96%
3 years · compounded
▼ 57%
5 years · compounded
▼ 16%
EBITDA CAGR growth
1 year
▼ 916%
3 years · compounded
▼ 148%
5 years · compounded
▼ 107%
Revenue has declined at a compounded annual rate (CAGR) of 16% over five years, including a 96% fall in the latest year. EBITDA fell 916% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹53.69 Lakh | ||||
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| Net Profit (PAT) | -₹42.09 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | -174% | ||||
| Net Profit Margin | -136.4% | ||||
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To see the full financial statements and ratios of Cares Renewables Private Limited, buy the company report.
Board of directors of Cares Renewables Private Limited
Cares Renewables has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dharmalingam Saranya Also directs: Sustainability and Energy Practitioners Association | Director | 05 Jul 2023 | 3 Years 3 Months | Current |
| Arjunan Raguram Also directs: Sustainability and Energy Practitioners Association | Director | 20 Mar 2013 | 13 Years 7 Months | Current |
Auditor
Cares Renewables Private Limited is audited by SASIREKHA VENGATESH for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SASIREKHA VENGATESH | FY 2023 | 200464 |
Shareholding
The shareholding of Cares Renewables Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Cares Renewables Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1.4 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Dec 2021 | 100510032 | Others | ₹1.4 Cr | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Cares Renewables Private 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
No delayed payments to MSME suppliers are on our record for Cares Renewables Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Cares Renewables Private Limited has a workforce of 2 employees on its EPFO records as of Mar 27, 2024, across 1 active EPFO establishment.
Employee count
2
Active EPFO establishments
1
Employee growth
-50%
GST
Cares Renewables has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAFCC2484E1ZY | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Cares Renewables Private Limited, buy the company report.
Recent activity
Cares Renewables Private Limited has 4 board changes on record since 2013: 2 appointments and 2 cessations. The latest: Dharmalingam Saranya ceased to be Additional Director on 29 Sep 2023.
AGM
Cares Renewables Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Cares Renewables Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.
Ceased
Dharmalingam Saranya ceased to be Additional Director.
Appointed
Dharmalingam Saranya was appointed as Director.
Ceased
Siva Harsh Sivadasan ceased to be Director.
Charges
A charge with Others amounted to Rs. 140.00 Lakh with Charge ID 100510032 was registered on 13 Dec 2021.
Appointed
Arjunan Raguram was appointed as Director.
Incorporation
20 Mar 2013
Cares Renewables Private Limited was registered on 20 Mar 2013 with Roc Coimbatore & aged 13 years 7 months as per MCA records.
Frequently asked questions
Cares Renewables is an active private limited company based in Coimbatore, Tamil Nadu, India. The company works in solar energy solutions, within the environment industry. It was incorporated on 20 March 2013 (13+ years old) and is registered under CIN U74900TZ2013PTC019286.
Cares Renewables has 2 current directors:
- Dharmalingam Saranya - Director
- Arjunan Raguram - Director
The latest financial statements of Cares Renewables on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Cares Renewables is 33AAFCC2484E1ZY, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Cares Renewables is U74900TZ2013PTC019286. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Cares Renewables was incorporated on 20 March 2013, making it 13+ years old. It is registered with the Registrar of Companies, Coimbatore.
Dharmalingam Saranya ceased to be Additional Director on 29 Sep 2023. Dharmalingam Saranya was appointed as Director on 05 Jul 2023. Siva Harsh Sivadasan ceased to be Director on 05 Jul 2023. Cares Renewables has 4 board changes on record in total.
Yes, Cares Renewables is registered as a small enterprise under Udyam registration (number: UDYAM-TN-03-0015612).
Cares Renewables can be reached through the website caresrenewables.com. Its registered office is in Coimbatore, Tamil Nadu, India.
The registered office of Cares Renewables is at 98 3rd Street Poombugar Nagar Thudiyalur Post, Coimbatore, Tamil Nadu, India – 641034.