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Recube Circular Solutions Private Limited - packaging in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹6.3 Cr
▲ 28% YoY
Net profit · FY 2025
₹37.82 Lakh
Net margin 6%
EBITDA · FY 2025
₹39.68 Lakh
EBITDA margin 6.3%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1.11 Lakh
Issued & subscribed
Company age
7 yrs
Est. 2019
Directors on board
5
As per MCA filings
Active GSTINs
1
GST registered
About Recube Circular Solutions Private Limited
Data last updated:
Recube Circular Solutions Private Limited is a private limited company based in Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It operates in the industrial packaging solutions segment of the packaging sector. It was incorporated on 08 February 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2019PTC320833. Its GSTIN is 27AAJCR4091C1ZD (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.11 Lakh. It is led by directors including Purav Manish Desai and Lokesh Jagdeep Sambhwani.
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 Plot No. 9 G.K. Villa Tenstar Chs Thakurpakhadi Off Eksar Road, Mumbai, Maharashtra, India – 400092.
As per the financials filed for FY 2025, the company reported a revenue of ₹6.3 Cr, a growth of 28% compared to the previous year. For the same year it recorded a net profit of ₹37.82 Lakh (net margin 6%) and EBITDA of ₹39.68 Lakh (EBITDA margin 6.3%). Revenue has grown at a compounded annual rate (CAGR) of 27% over three years and 15% over five years.
The company is associated with 2 brands: Refillable and Recube. The company has 1 deal on record (1 funding round), with disclosed funding of ₹5.2 Cr; the latest was in July 2025.
Recube Circular Solutions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0069115). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website recube.co.in.
Company details
CIN U74999MH2019PTC320833
Registration Number 320833
Incorporation Date 08 February 2019
ROC Mumbai
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
MSME Classification Micro
Udyam Registration UDYAM-MH-18-0069115
Key People
Purav Manish Desai Director Lokesh Jagdeep Sambhwani Director Rahul Rajesh Batra Director Recognitions & Rankings of Recube Circular Solutions
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-18-0069115
Contact details
Recube Circular Solutions Private Limited's registered office is in Mumbai, Maharashtra. Its website is recube.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No. 9 G.K. Villa Tenstar Chs Thakurpakhadi Off Eksar Road, Mumbai, Maharashtra, India – 400092
- IndustryPackaging, Industrial Packaging Solutions
To see the full contact details of Recube Circular Solutions Private Limited, buy the company report.
Comprehensive company report
Recube Circular 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
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Brands
Recube Circular Solutions operates two associated brands: Refillable and Recube. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Home care liquids are supplied via a refillable container platform. | refillable.store | |
| Eco-friendly packaging products are provided affordably and sustainably. | recube.co.in |
Business activity
The main business activity of Recube Circular Solutions 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 Recube Circular Solutions Private Limited, buy the company report.
Financials of Recube Circular Solutions Private Limited
FY 2025 filings availableRecube Circular Solutions Private Limited reported revenue of ₹6.3 Cr (up 28% YoY) for FY 2025.
Revenue · FY 2025
₹6.3 Cr ▲ 28%
Net profit · FY 2025
₹37.82 Lakh margin 6%
EBITDA · FY 2025
₹39.68 Lakh margin 6.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 28%
3 years · compounded
▲ 27%
5 years · compounded
▲ 15%
EBITDA CAGR growth
1 year
▲ 134%
3 years · compounded
▲ 74%
5 years · compounded
▲ 25%
Revenue has grown at a compounded annual rate (CAGR) of 15% over five years, including 28% growth in the latest year. EBITDA rose 134% 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 |
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| Profit and Loss Statement | |||||
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| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹39.68 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹37.82 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.3% | ||||
| Net Profit Margin | 6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| 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 Recube Circular Solutions Private Limited, buy the company report.
Board of directors of Recube Circular Solutions Private Limited
Recube Circular Solutions has 5 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Purav Manish Desai | Director | 08 Feb 2019 | 7 Years 8 Months | Current |
| Lokesh Jagdeep Sambhwani Also directs: Refillable Circular Solutions Private Limited | Director | 08 Feb 2019 | 7 Years 8 Months | Current |
| Rahul Rajesh Batra Also directs: Refillable Circular Solutions Private Limited | Director | 08 Feb 2019 | 7 Years 8 Months | Current |
| Anupriya Nayyar | Director | 08 Feb 2019 | 7 Years 8 Months | Current |
| Nishith Pulin Jardosh | Director | 08 Feb 2019 | 7 Years 8 Months | Current |
Auditor
Recube Circular Solutions Private Limited is audited by D.N.JOSHI for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D.N.JOSHI | FY 2023 | 17226 |
Shareholding
The shareholding of Recube Circular Solutions Private Limited is on record for 4 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 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Recube Circular Solutions Private Limited, buy the company report.
Deals & funding
Recube Circular Solutions Private Limited has 1 deal on record (1 funding round), with disclosed funding of ₹5.2 Cr; the latest was in July 2025.
Total deals
1
Funding round
1
Disclosed funding
₹5.2 Cr
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2025 | Funding round | ₹5.2 Cr | Investors: Rainmatter Ventures |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Recube Circular 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 Recube Circular Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Recube Circular Solutions has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAJCR4091C1ZD | Maharashtra | Active | 24 Apr 2019 |
To see the full GST registrations and return filing status of Recube Circular Solutions Private Limited, buy the company report.
Recent activity
Recube Circular Solutions Private Limited has 5 board changes on record since 2019: 5 appointments. The latest: Anupriya Nayyar was appointed as Director on 08 Feb 2019.
AGM
Recube Circular Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Recube Circular Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Appointed
Anupriya Nayyar was appointed as Director.
Appointed
Lokesh Jagdeep Sambhwani was appointed as Director.
Appointed
Nishith Pulin Jardosh was appointed as Director.
Appointed
Purav Manish Desai was appointed as Director.
Appointed
Rahul Rajesh Batra was appointed as Director.
Incorporation
08 Feb 2019
Recube Circular Solutions Private Limited was registered on 08 Feb 2019 with Roc Mumbai & aged 7 years 8 months as per MCA records.
Frequently asked questions
Recube Circular Solutions is an active private limited company based in Mumbai, Maharashtra, India. The company works in industrial packaging solutions, within the packaging industry. It was incorporated on 08 February 2019 (7+ years old) and is registered under CIN U74999MH2019PTC320833.
Recube Circular Solutions has 5 current directors:
- Purav Manish Desai - Director
- Lokesh Jagdeep Sambhwani - Director
- Rahul Rajesh Batra - Director
- Anupriya Nayyar - Director
- Nishith Pulin Jardosh - Director
The latest financial statements of Recube Circular 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 2019 are in the company report.
The GSTIN of Recube Circular Solutions is 27AAJCR4091C1ZD, registered in Maharashtra.
The CIN (Corporate Identification Number) of Recube Circular Solutions is U74999MH2019PTC320833. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Recube Circular Solutions was incorporated on 08 February 2019, making it 7+ years old. It is registered with the Registrar of Companies, Mumbai.
Recube Circular Solutions has 1 deal on record (1 funding round), with disclosed funding of ₹5.2 Cr; the latest was in July 2025.
Anupriya Nayyar was appointed as Director on 08 Feb 2019. Lokesh Jagdeep Sambhwani was appointed as Director on 08 Feb 2019. Nishith Pulin Jardosh was appointed as Director on 08 Feb 2019. Recube Circular Solutions has 5 board changes on record in total.
Yes, Recube Circular Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Recube Circular Solutions is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-18-0069115).
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