About Cartesian Consulting Private Limited
Data last updated:
Cartesian Consulting Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the accounting and financial analysis segment of the business process outsourcing sector. It was incorporated on 21 November 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74300MH2008PTC188422. Its GSTIN is 27AADCC5436A1Z3 (Maharashtra). The company holds 5 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1.19 Lakh. It is led by directors including Sandeep Vijay Mittal (Managing Director) and Shikha Lath Mittal (Whole-Time Director).
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 E – 301 Lotus Corporate Park Off.Western Express Highway Laxmi Nagar Goregaon East, Mumbai, Maharashtra, India – 400063.
As per the financials filed for FY 2025, the company reported a revenue of ₹16.45 Cr, a decline of 16% compared to the previous year. For the same year it recorded a net loss of ₹2 Cr (net margin -12.2%) and EBITDA of ₹2.11 Cr (EBITDA margin 12.8%). Revenue has declined at a compounded annual rate (CAGR) of 8% over three years and 12% over five years.
The company has about 78 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Cartesian Consulting. As per MCA filings, the company has open charges of ₹2 Cr on record. The company has 12 deals on record (5 secondary share transfers, 3 rights issues, 2 funding rounds), with disclosed funding of ₹3.29 Cr; the latest was in February 2022. Its 10 peer companies in the Outsourcing industry (Accounting and Financial Analysis, Consulting Services) are compared by revenue, 5 larger and 5 smaller; the largest is Silicon Facilities Services Private Limited with revenue of ₹16.59 Cr. The company has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 19 overdue payments to 5 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website cartesianconsulting.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressE – 301 Lotus Corporate Park Off.Western Express Highway Laxmi Nagar Goregaon East, Mumbai, Maharashtra, India – 400063
- IndustryBusiness Outsourcing, Accounting and Financial Analysis, Business & IT Consulting
- 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
- One PDF report, delivered after checkout
Business Activity of Cartesian Consulting Private Limited
The main business activity of Cartesian Consulting is information and communication. In detail, this covers other information & communication service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Cartesian Consulting Private Limited FY 2025 filings available
Cartesian Consulting Private Limited reported revenue of ₹16.45 Cr (down 16% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Cartesian Consulting Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 12% over five years, including a 16% fall in the latest year. EBITDA fell 43% 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 of Cartesian Consulting Private Limited
| 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 | ₹2.11 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹2 Cr | •••• | •••• | •••• | •••• |
| 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 of Cartesian Consulting Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -12.2% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Cartesian Consulting are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Cartesian Consulting Private Limited
Cartesian Consulting Private Limited is compared with the companies closest to it by revenue in the Outsourcing industry (Accounting and Financial Analysis, Consulting Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Silicon Facilities Services Private Limited | ₹16.59 Cr (FY 2025) | •••• | •••• | 36.0% | •••• | Bangalore, Karnataka, India |
| Apya Capital Services Private Limited | ₹16.56 Cr (FY 2024) | •••• | •••• | 9.0% | •••• | Bangalore, Karnataka, India |
| Pharmaace India Private Limited | ₹16.53 Cr (FY 2024) | •••• | •••• | •••• | Hyderabad, Telangana, India | |
| Abhyank Academy Private Limited | ₹16.48 Cr (FY 2024) | •••• | •••• | 41.0% | •••• | Delhi, India |
| Taco Consultants Private Limited | ₹16.46 Cr (FY 2025) | •••• | •••• | -5.0% | •••• | Delhi, India |
| Cartesian Consulting Private Limited this company | ₹16.45 Cr (FY 2025) | •••• | •••• | -16.0% | •••• | Mumbai, Maharashtra, India |
| SBJ Fintech Services Private Limited | ₹16.44 Cr (FY 2025) | •••• | •••• | 140.0% | •••• | New Delhi, Delhi, India |
| CBSC Global Technology Ventures Private Limited | ₹16.42 Cr (FY 2025) | •••• | •••• | -9.0% | •••• | Pune, Maharashtra, India |
| SS Microtech Private Limited | ₹16.4 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Thane, Maharashtra, India |
| Allbound Global Freight Private Limited | ₹16.38 Cr (FY 2019) | •••• | •••• | 1662.0% | •••• | Pune, Maharashtra, India |
| SRN Engineering and Consulting Services Private Limited | ₹16.38 Cr (FY 2024) | •••• | •••• | 32.0% | •••• | Chennai, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Cartesian Consulting by revenue in the Outsourcing industry (Accounting and Financial Analysis, Consulting Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Cartesian Consulting Private Limited
Cartesian Consulting Private Limited is audited by CNK & Associates LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| CNK & Associates LLP | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Cartesian Consulting Private Limited
Cartesian Consulting has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sandeep Vijay Mittal | Managing Director | 21 Nov 2008 | 17 Years 10 Months | Current |
| Shikha Lath Mittal | Whole-Time Director | 29 May 2014 | 12 Years 4 Months | Current |
| Aniruddha Bhalchandra Deshpande | Director | 07 Jan 2014 | 12 Years 9 Months | Current |
Ownership and Shareholding of Cartesian Consulting Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Cartesian Consulting Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 Aug 2014 | Axis Bank Limited | ₹2 Cr | Open |
Total charge records: 1 View all charges
Deals & Funding of Cartesian Consulting Private Limited
Cartesian Consulting Private Limited has 12 deals on record (5 secondary share transfers, 3 rights issues, 2 funding rounds), with disclosed funding of ₹3.29 Cr; the latest was in February 2022.
Deals on record (5 of 12)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2022 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Oct 2020 | Funding round | ₹25 Lakh | Investors: an individual |
| Aug 2019 | Rights issue | ₹2 Cr | Investors: 4 individuals |
| Dec 2013 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: Direxions Global Solutions Private Limited |
| Mar 2011 | Acquisition | Undisclosed | Buyer: Direxions Global Solutions Private Limited Seller: 2 individuals |
Full deal history
All 12 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
MSME Payment Delays by Cartesian Consulting Private Limited
Cartesian Consulting Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 19 overdue payments to 5 micro and small suppliers. 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 (5 of 5)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| I2k2 Networks Private Limited | •••• | •••• | •••• |
| LDS Infotech Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Ics Mobile Private Limited | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 1 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Associated Brands with Cartesian Consulting Private Limited
Cartesian Consulting operates one associated brand: Cartesian Consulting. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Data analytics and marketing services are provided by the firm. | cartesianconsulting.com |
Employees and EPFO Compliance at Cartesian Consulting Private Limited
Cartesian Consulting Private Limited has a workforce of 78 employees as of Apr 05, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
News related to Cartesian Consulting Private Limited
Recent Activity on Cartesian Consulting Private Limited
Cartesian Consulting Private Limited has 11 board changes on record since 2008: 3 appointments and 8 cessations. The latest: Brian Joseph Almeida ceased to be Director on 21 Feb 2022.
4 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Cartesian Consulting Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Cartesian Consulting Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Cartesian Consulting Private Limited
Cartesian Consulting has 5 GST registrations: 3 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCC5436A1Z3 | Maharashtra | Active | 01 Jul 2017 |
| 27AADCC5436A2Z2 | Maharashtra | Active | 17 Aug 2017 |
| 29AADCC5436A1ZZ | Karnataka | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Cartesian Consulting Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Cartesian Consulting Private Limited
Cartesian Consulting is an active private limited company based in Mumbai, Maharashtra, India. The company works in accounting and financial analysis, within the business outsourcing industry. It was incorporated on 21 November 2008 (18+ years old) and is registered under CIN U74300MH2008PTC188422.
Cartesian Consulting reported revenue of ₹16.45 Cr for FY 2025 (down 16% YoY).
Cartesian Consulting has 3 current directors:
- Sandeep Vijay Mittal - Managing Director
- Shikha Lath Mittal - Whole-Time Director
- Aniruddha Bhalchandra Deshpande - Director
Cartesian Consulting reported a net loss of ₹2 Cr (net margin -12.2%) and EBITDA of ₹2.11 Cr (EBITDA margin 12.8%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Cartesian Consulting is -8% over three years and -12% over five years. In the latest year (FY 2025) revenue fell 16%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Cartesian Consulting is 27AADCC5436A1Z3, registered in Maharashtra. The company has 5 GST registrations in all, of which 3 are active and 2 are cancelled or inactive. Other active GSTINs include 27AADCC5436A2Z2 (Maharashtra), 29AADCC5436A1ZZ (Karnataka).
The CIN (Corporate Identification Number) of Cartesian Consulting is U74300MH2008PTC188422. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Cartesian Consulting was incorporated on 21 November 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.
Cartesian Consulting has 12 deals on record (5 secondary share transfers, 3 rights issues, 2 funding rounds), with disclosed funding of ₹3.29 Cr; the latest was in February 2022.
The peers of Cartesian Consulting by revenue are Silicon Facilities Services Private Limited, Apya Capital Services Private Limited, Pharmaace India Private Limited, Abhyank Academy Private Limited, Taco Consultants Private Limited and 5 more, all in the Outsourcing industry (Accounting and Financial Analysis, Consulting Services).
Brian Joseph Almeida ceased to be Director on 21 Feb 2022. Shikha Lath Mittal ceased to be Additional Director on 29 Sep 2014. Shikha Lath Mittal was appointed as Whole-Time Director on 29 May 2014. Cartesian Consulting has 11 board changes on record in total.
Cartesian Consulting has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 19 overdue payments to 5 micro and small suppliers. The latest return was filed on 29 Apr 2024.