Globe Enviro Care Limited - environment in Surat, Gujarat, India. FY 2026 financials & compliance.
CIN U29199GJ1998PLC033633 Incorporated 03 February 1998 ROC Ahmedabad HQ Surat, Gujarat, India
Active Public Limited Company environment MSME · Medium
Data last updated
Revenue · FY 2025
₹34.27 Cr
▼ 7% YoY
Net profit · FY 2025
₹8.92 Cr
Net margin 26%
EBITDA · FY 2025
₹15.14 Cr
EBITDA margin 44.2%
Authorised capital
₹4.95 Cr
Registered with MCA
Paid-up capital
₹4.78 Cr
Issued & subscribed
Company age
28 yrs
Est. 1998
Employees · EPFO
46
Provident fund records
Directors on board
10
As per MCA filings

About Globe Enviro Care Limited

Data last updated:

Globe Enviro Care Limited is a public limited company based in Surat, Gujarat, India. It operates in the waste management and recycling solutions segment of the environmental services sector. It was incorporated on 03 February 1998 and has been in existence for over 28 years.

Its director Ashwin Desai and family are #202 among India's richest people (2026). Its director Anand Sureshbhai Desai and Family is #748 among India's richest people (2026).

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29199GJ1998PLC033633. Its GSTIN is 24AAACG8930A1Z3 (Gujarat).

The company has an authorised share capital of ₹4.95 Cr and a paid-up capital of ₹4.78 Cr. It is led by directors including Pramod Paragji Patel and Piyush Natvarlal Patel.

Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No Pp – 1 B/H Kay Tex Millsoff Road No 2 GIDC Estate Sachin, Surat, Gujarat, India – 394230.

As per the financials filed for FY 2025, the company reported a revenue of ₹34.27 Cr, a decline of 7% compared to the previous year. For the same year it recorded a net profit of ₹8.92 Cr (net margin 26%) and EBITDA of ₹15.14 Cr (EBITDA margin 44.2%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 10% over five years.

The company has about 46 employees on its provident fund (EPFO) records.

Globe Enviro Care Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-22-0102505). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U29199GJ1998PLC033633
Registration Number 033633
Incorporation Date 03 February 1998
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-GJ-22-0102505

Recognitions & Rankings of Globe Enviro Care

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-GJ-22-0102505

Contact details

Globe Enviro Care Limited's registered office is in Surat, Gujarat. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Plot No Pp – 1 B/H Kay Tex Millsoff Road No 2 GIDC Estate Sachin, Surat, Gujarat, India – 394230
  • Industry
    Environment, Waste Management & Recycling Solutions

To see the full contact details of Globe Enviro Care Limited, buy the company report.

Comprehensive company report
Globe Enviro Care 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
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Business activity

The main business activity of Globe Enviro Care is water supply, sewerage and waste management. In detail, this covers waste collection, treatment and disposal activities, materials recovery and other waste management services.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
EWater supply, sewerage and waste managementE3Waste collection, treatment and disposal activities, materials recovery and Other waste management services

To see the full business activity and turnover split of Globe Enviro Care Limited, buy the company report.

Financials of Globe Enviro Care Limited

FY 2025 filings available

Globe Enviro Care Limited reported revenue of ₹34.27 Cr (down 7% YoY) for FY 2025.

Revenue · FY 2025
₹34.27 Cr ▼ 7%
Net profit · FY 2025
₹8.92 Cr margin 26%
EBITDA · FY 2025
₹15.14 Cr margin 44.2%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 7%
3 years · compounded
▲ 5%
5 years · compounded
▲ 10%
EBITDA CAGR growth
1 year
▼ 1%
3 years · compounded
▲ 9%
5 years · compounded
▲ 12%

Revenue fell 7% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 10%. EBITDA fell 1% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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₹15.14 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹8.92 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin44.2%
Net Profit Margin26%
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 Globe Enviro Care Limited, buy the company report.

Board of directors of Globe Enviro Care Limited

Globe Enviro Care has 10 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Pramod Paragji PatelDirector03 Feb 199927 Years 8 MonthsCurrent
Piyush Natvarlal PatelDirector01 Jan 200125 Years 9 MonthsCurrent
Ashwin Jayantilal DesaiDirector16 Feb 199828 Years 8 MonthsCurrent
Vatsal Dinkerrai NaikDirector29 Sep 20188 Years 0 MonthsCurrent
Paras Ravindrabhai MehtaDirector16 Feb 199828 Years 8 MonthsCurrent
Anand Sureshbhai DesaiDirector05 Jan 20224 Years 9 MonthsCurrent
Showing 6 of 10 current directors. View all directors

Peer comparison

Globe Enviro Care Limited is compared with the 4 companies closest to it by revenue in the Cleantech industry (Water and Wastewater Treatment), with the same principal business activity (waste collection, treatment and disposal activities, materials recovery and other waste management services), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Driplex Water Engineering International Private Limited₹34.63 Cr (FY 2025)65.0%Bhadrabad, Uttarakhand, India
Globe Enviro Care Limitedthis company₹34.27 Cr (FY 2025)₹8.92 Cr26%-7.0%46Surat, Gujarat, India
Panoli Enviro Technology Limited₹33.81 Cr (FY 2025)4.0%Bharuch, Gujarat, India
Abhay Innovative Recycling Limited₹33.35 Cr (FY 2025)270.0%Ghaziabad, Uttar Pradesh, India
Adityapur Waste Management Private Limited₹33.26 Cr (FY 2025)-17.0%Hyderabad, Telangana, India

To see the full peer comparison of Globe Enviro Care Limited, buy the company report.

Auditor

Globe Enviro Care Limited is audited by Y B DESAI & ASSOCIATES for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Y B DESAI & ASSOCIATESFY 2023102368W

Shareholding

The shareholding of Globe Enviro Care 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Globe Enviro Care Limited, buy the company report.

MSME payment delays

Globe Enviro Care Limited has 8 MSME Form 1 returns on record between 2019 and 2024, listing 80 overdue payments to 26 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 26)

SupplierAmount dueDue sinceReported on
an individual supplier
Advance Cooling Towers Private Limited
an individual supplier
an individual supplier
Enpro Enviro Tech and Engineers Private Limited

To see the full MSME payment records of Globe Enviro Care Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Globe Enviro Care Limited has a workforce of 46 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.

Employee count
46
Active EPFO establishments
1
Employee growth
6.98%

GST

Globe Enviro Care has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AAACG8930A1Z3GujaratActive01 Jul 2017

To see the full GST registrations and return filing status of Globe Enviro Care Limited, buy the company report.

Recent activity

Globe Enviro Care Limited has 21 board changes on record since 1998: 10 appointments and 11 cessations. The latest: Pradipbhai Kamalkantbhai Shah ceased to be Director on 01 Sep 2025.

AGM
Globe Enviro Care Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Ceased
Pradipbhai Kamalkantbhai Shah ceased to be Director.
Filing
Globe Enviro Care Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Appointed
Anand Sureshbhai Desai was appointed as Director.
Ceased
Rajesh Ishwarbhai Chavda ceased to be Nominee Director.
Appointed
Vatsal Dinkerrai Naik was appointed as Director.
Ceased
Vatsal Dinkerrai Naik ceased to be Director.
Ceased
Anand Sureshbhai Desai ceased to be Additional Director.
Ceased
Pravin Chhotubhai Desai ceased to be Director.
Ceased
Chetankumar Bhaskerbhai Desai ceased to be Additional Director.
Ceased
Hetul Krishnakant Mehta ceased to be Additional Director.
Ceased
Trushar Rameschandra Desai ceased to be Additional Director.

12 earlier events are in the company report.

Frequently asked questions

Globe Enviro Care is an active public limited company based in Surat, Gujarat, India. The company works in waste management and recycling solutions, within the environment industry. It was incorporated on 03 February 1998 (28+ years old) and is registered under CIN U29199GJ1998PLC033633.

The latest financial statements of Globe Enviro Care on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Globe Enviro Care is 24AAACG8930A1Z3, registered in Gujarat.

The CIN (Corporate Identification Number) of Globe Enviro Care is U29199GJ1998PLC033633. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Globe Enviro Care was incorporated on 03 February 1998, making it 28+ years old. It is registered with the Registrar of Companies, Ahmedabad.

The peers of Globe Enviro Care by revenue are Driplex Water Engineering International Private Limited, Panoli Enviro Technology Limited, Abhay Innovative Recycling Limited, Adityapur Waste Management Private Limited, all in the Cleantech industry (Water and Wastewater Treatment), with the same principal business activity (waste collection, treatment and disposal activities, materials recovery and other waste management services).

Pradipbhai Kamalkantbhai Shah ceased to be Director on 01 Sep 2025. Anand Sureshbhai Desai was appointed as Director on 05 Jan 2022. Rajesh Ishwarbhai Chavda ceased to be Nominee Director on 20 Jun 2020. Globe Enviro Care has 21 board changes on record in total.

Yes, Globe Enviro Care is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-22-0102505).

Globe Enviro Care has 8 MSME Form 1 returns on record between 2019 and 2024, listing 80 overdue payments to 26 micro and small suppliers. The latest return was filed on 26 Apr 2024.

The registered office of Globe Enviro Care is at Plot No Pp – 1 BH Kay Tex Millsoff Road No 2 GIDC Estate Sachin, Surat, Gujarat, India – 394230.

Globe Enviro Care operates in the environment industry, in the waste management and recycling solutions segment.