Binbay Recycling Private Limited
About Binbay Recycling Private Limited
Data last updated:
Binbay Recycling Private Limited is a private limited company based in Palghar, Maharashtra, India. It operates in the waste management and recycling solutions segment of the environmental services sector. It was incorporated on 09 December 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U37100MH2016PTC288322. Its GSTIN is 27AAGCB9891H1Z4 (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Mannatunnisha Shamsher Khan and Shamsher Khan Abdulmannan.
Its last annual general meeting (AGM) was held on 24 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Palghar, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹6.58 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹17 Lakh (net margin 2.6%) and EBITDA of ₹22.57 Lakh (EBITDA margin 3.4%).
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressBinbay House Sr. No 48 Unit No 1 2 3 6 &7 Agarwal Industrial Premises Village – Ga, Uraipada, Palghar, Maharashtra, India – 401208
- IndustryEnvironment, Waste Management & Recycling Solutions
- 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 Binbay Recycling Private Limited
The main business activity of Binbay Recycling is trade. In detail, this covers retail trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | 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 Binbay Recycling Private Limited FY 2025 filings available
Binbay Recycling Private Limited reported revenue of ₹6.58 Cr (up 2774% YoY) for FY 2025.
Financial Statement Summary of Binbay Recycling 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 | ₹22.57 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹17 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 of Binbay Recycling Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2.6% | •••• | •••• | •••• | •••• |
| 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 Binbay Recycling are in the company report.
Financial statements from FY 2017
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 Binbay Recycling Private Limited
Binbay Recycling Private Limited is compared with the companies closest to it by revenue in the Cleantech industry (Recycling and Waste Treatment). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Iway Associates Private Limited | ₹6.73 Cr (FY 2025) | •••• | •••• | 259.0% | •••• | Vijayawada, Andhra Pradesh, India |
| Jabalpur Waste Collection and Transportation Management Private Limited | ₹6.66 Cr (FY 2025) | •••• | •••• | -83.0% | •••• | Mumbai, Maharashtra, India |
| Al-Maalik Steels Private Limited | ₹6.66 Cr (FY 2025) | •••• | •••• | 77.0% | •••• | Jagatpur, Odisha, India |
| Greenzen Bio Pvt Ltd | ₹6.63 Cr (FY 2025) | •••• | •••• | -32.0% | •••• | Siliguri, West Bengal, India |
| Mobitrash Recycle Ventures Private Limited | ₹6.59 Cr (FY 2023) | •••• | •••• | 179.0% | •••• | Mumbai, Maharashtra, India |
| Binbay Recycling Private Limited this company | ₹6.58 Cr (FY 2025) | •••• | •••• | 2774.0% | •••• | Palghar, Maharashtra, India |
| A2z Waste Management (Ranchi) Limited | ₹6.57 Cr (FY 2025) | •••• | •••• | 292.0% | •••• | Gurgaon, Haryana, India |
| Enkay Enviro Services Private Limited | ₹6.56 Cr (FY 2025) | •••• | •••• | 37.0% | •••• | Jaipur, Rajasthan, India |
| Simran Waste Management and Recycling Private Limited | ₹6.54 Cr (FY 2024) | •••• | •••• | 35.0% | •••• | Saharanpur, Uttar Pradesh, India |
| Abc Marine Private Limited | ₹6.52 Cr (FY 2025) | •••• | •••• | -13.0% | •••• | Mumbai, Maharashtra, India |
| Super E-Waste Recycling Private Limited | ₹6.49 Cr (FY 2022) | •••• | •••• | 53.0% | •••• | Meerut, Uttar Pradesh, India |
Peers are the five companies nearest above and the five nearest below Binbay Recycling by revenue in the Cleantech industry (Recycling and Waste Treatment), 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 Binbay Recycling Private Limited
Binbay Recycling Private Limited is audited by A F S & COMPANY for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| A F S & COMPANY | 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 Binbay Recycling Private Limited
Binbay Recycling has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mannatunnisha Shamsher Khan | Director | 31 Jul 2021 | 5 Years 2 Months | Current |
| Shamsher Khan Abdulmannan | Director | 09 Dec 2016 | 9 Years 10 Months | Current |
Ownership and Shareholding of Binbay Recycling 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 Binbay Recycling Private Limited
Binbay Recycling Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Binbay Recycling Private Limited
Employment history and EPFO contributions of people linked to Binbay Recycling.
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.
Recent Activity on Binbay Recycling Private Limited
Binbay Recycling Private Limited has 4 board changes on record since 2016: 2 appointments and 2 cessations. The latest: Arpita Arun Shinde ceased to be Director on 31 Jul 2021.
Credit Ratings, Litigation & Regulatory Alerts for Binbay Recycling 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.
MSME Payment Delays by Binbay Recycling Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Binbay Recycling 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 Binbay Recycling Private Limited
Binbay Recycling has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCB9891H1Z4 | Maharashtra | 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 Binbay Recycling 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 Binbay Recycling Private Limited
Binbay Recycling is an active private limited company based in Palghar, Maharashtra, India. The company works in waste management and recycling solutions, within the environment industry. It was incorporated on 09 December 2016 (10+ years old) and is registered under CIN U37100MH2016PTC288322.
Binbay Recycling reported revenue of ₹6.58 Cr for FY 2025 (up 2774% YoY).
Binbay Recycling has 2 current directors:
- Mannatunnisha Shamsher Khan - Director
- Shamsher Khan Abdulmannan - Director
Binbay Recycling reported a net profit of ₹17 Lakh (net margin 2.6%) and EBITDA of ₹22.57 Lakh (EBITDA margin 3.4%) for FY 2025, as per its filed financial statements.
The GSTIN of Binbay Recycling is 27AAGCB9891H1Z4, registered in Maharashtra.
The CIN (Corporate Identification Number) of Binbay Recycling is U37100MH2016PTC288322. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Binbay Recycling was incorporated on 09 December 2016, making it 10+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Binbay Recycling by revenue are Iway Associates Private Limited, Jabalpur Waste Collection and Transportation Management Private Limited, Al-Maalik Steels Private Limited, Greenzen Bio Pvt Ltd, Mobitrash Recycle Ventures Private Limited and 5 more, all in the Cleantech industry (Recycling and Waste Treatment).
Arpita Arun Shinde ceased to be Director on 31 Jul 2021. Mannatunnisha Shamsher Khan was appointed as Director on 31 Jul 2021. Rama Rao Reddy ceased to be Director on 14 Jun 2019. Binbay Recycling has 4 board changes on record in total.
The registered office of Binbay Recycling is at Binbay House Sr. No 48 Unit No 1 2 3 6 &7 Agarwal Industrial Premises Village – Ga, Uraipada, Palghar, Maharashtra, India – 401208.
Binbay Recycling has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.