DPIIT recognised startup Government of India
Startup India
Caret IT Solutions Private Limited - information technology in Gandhinagar, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹3.17 Cr
▲ 17% YoY
Net profit · FY 2025
₹6.18 Lakh
Net margin 2%
EBITDA · FY 2025
₹14.72 Lakh
EBITDA margin 4.6%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
9 yrs
Est. 2017
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Caret IT Solutions Private Limited
Data last updated:
Caret IT Solutions Private Limited is a private limited company based in Gandhinagar, Gujarat, India, recognised as a startup by DPIIT. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 04 May 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72900GJ2017PTC097226. Its GSTIN is 24AAGCC9854M1Z3 (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Anand Mukeshbhai Shukla and Randhirbhai Bechubhai Mayatra.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Shop No 706 709 Pratik Complex Nr City Pulse Theatre Kudasan, Gandhinagar, Gujarat, India – 382421.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.17 Cr, a growth of 17% compared to the previous year. For the same year it recorded a net profit of ₹6.18 Lakh (net margin 2%) and EBITDA of ₹14.72 Lakh (EBITDA margin 4.6%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 23% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website caretit.com.
Company details
CIN U72900GJ2017PTC097226
Registration Number 097226
Incorporation Date 04 May 2017
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
Recognitions & Rankings of Caret IT Solutions
Contact details
Caret IT Solutions Private Limited's registered office is in Gandhinagar, Gujarat. Its website is caretit.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressShop No 706 709 Pratik Complex Nr City Pulse Theatre Kudasan, Gandhinagar, Gujarat, India – 382421
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Caret IT Solutions Private Limited, buy the company report.
Comprehensive company report
Caret IT Solutions 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
Business activity
The main business activity of Caret IT Solutions is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. |
To see the full business activity and turnover split of Caret IT Solutions Private Limited, buy the company report.
Financials of Caret IT Solutions Private Limited
FY 2025 filings availableCaret IT Solutions Private Limited reported revenue of ₹3.17 Cr (up 17% YoY) for FY 2025.
Revenue · FY 2025
₹3.17 Cr ▲ 17%
Net profit · FY 2025
₹6.18 Lakh margin 2%
EBITDA · FY 2025
₹14.72 Lakh margin 4.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 17%
3 years · compounded
▲ 10%
5 years · compounded
▲ 23%
EBITDA CAGR growth
1 year
▼ 17%
3 years · compounded
▲ 1%
5 years · compounded
▲ 51%
Revenue has grown at a compounded annual rate (CAGR) of 23% over five years, including 17% growth in the latest year. EBITDA fell 17% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹14.72 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹6.18 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 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.6% | ||||
| Net Profit Margin | 2% | ||||
| 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 Caret IT Solutions Private Limited, buy the company report.
Board of directors of Caret IT Solutions Private Limited
Caret IT Solutions has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anand Mukeshbhai Shukla Also directs: Ekika Corporation Private Limited | Director | 04 May 2017 | 9 Years 5 Months | Current |
| Randhirbhai Bechubhai Mayatra | Director | 04 May 2017 | 9 Years 5 Months | Current |
Auditor
Caret IT Solutions Private Limited is audited by RAMANI & VASOYA for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAMANI & VASOYA | FY 2021 | 135828W |
Shareholding
The shareholding of Caret IT Solutions Private Limited is on record for 2 financial years, the latest being FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Caret IT Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Caret IT Solutions 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 Caret IT Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Caret IT Solutions has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAGCC9854M1Z3 | Gujarat | Active | 11 Oct 2017 |
To see the full GST registrations and return filing status of Caret IT Solutions Private Limited, buy the company report.
Recent activity
Caret IT Solutions Private Limited has 2 board changes on record since 2017: 2 appointments. The latest: Anand Mukeshbhai Shukla was appointed as Director on 04 May 2017.
AGM
Caret It Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Caret It Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Appointed
Anand Mukeshbhai Shukla was appointed as Director.
Appointed
Randhirbhai Bechubhai Mayatra was appointed as Director.
Incorporation
04 May 2017
Caret It Solutions Private Limited was registered on 04 May 2017 with Roc Ahmedabad & aged 9 years 5 months as per MCA records.
Frequently asked questions
Caret IT Solutions is an active private limited company based in Gandhinagar, Gujarat, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 04 May 2017 (9+ years old) and is registered under CIN U72900GJ2017PTC097226.
Caret IT Solutions has 2 current directors:
- Anand Mukeshbhai Shukla - Director
- Randhirbhai Bechubhai Mayatra - Director
The latest financial statements of Caret IT Solutions on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Caret IT Solutions is 24AAGCC9854M1Z3, registered in Gujarat.
The CIN (Corporate Identification Number) of Caret IT Solutions is U72900GJ2017PTC097226. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Caret IT Solutions was incorporated on 04 May 2017, making it 9+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Anand Mukeshbhai Shukla was appointed as Director on 04 May 2017. Randhirbhai Bechubhai Mayatra was appointed as Director on 04 May 2017.
Yes, Caret IT Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Caret IT Solutions can be reached through the website caretit.com. Its registered office is in Gandhinagar, Gujarat, India.
The registered office of Caret IT Solutions is at Shop No 706 709 Pratik Complex Nr City Pulse Theatre Kudasan, Gandhinagar, Gujarat, India – 382421.