
About Vikar Recycling Solutions Private Limited
Data last updated:
Vikar Recycling Solutions Private Limited is a private limited company based in New Delhi, Delhi, India, recognised as a startup by DPIIT. It operates in the materials retail and distribution segment of the metals and mining sector. It was incorporated on 02 May 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74999DL2017PTC317091. Its GSTIN is 07AAFCV9068B1Z6 (Delhi).
The company has an authorised share capital of ₹3 Lakh and a paid-up capital of ₹3 Lakh. It is led by directors Anwesh Singh and Joshi Devaputhran Sikha.
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 709 Narwana Apartment Indra Prastha Extn., New Delhi, Delhi, India – 110092.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.13 Cr, a decline of 18% compared to the previous year. For the same year it recorded a net profit of ₹39,022 (net margin 0.2%) and EBITDA of ₹39,022 (EBITDA margin 0.2%). Revenue has grown at a compounded annual rate (CAGR) of 155% over five years.
The company is associated with 1 brand: ScrapMyCar.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website scrapmycar.in.
Company details
Recognitions & Rankings of Vikar Recycling Solutions
Contact details
Vikar Recycling Solutions Private Limited's registered office is in New Delhi, Delhi. Its website is scrapmycar.in. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressE 709 Narwana Apartment Indra Prastha Extn., New Delhi, Delhi, India – 110092
- IndustryMetals and Minerals, Materials Retail & Distribution
To see the full contact details of Vikar Recycling Solutions Private Limited, buy the company report.
- 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
Brands
Vikar Recycling Solutions operates one associated brand: ScrapMyCar. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Online platform for vehicle scrapping, quotes, and recycling services. | scrapmycar.in |
Business activity
The main business activity of Vikar Recycling Solutions is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Vikar Recycling Solutions Private Limited, buy the company report.
Financials of Vikar Recycling Solutions Private Limited
FY 2025 filings availableVikar Recycling Solutions Private Limited reported revenue of ₹2.13 Cr (down 18% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 18% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 155%. EBITDA rose 103% 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 | ₹39,022 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹39,022 | ||||
| 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 | 0.2% | ||||
| Net Profit Margin | 0.2% | ||||
| 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 Vikar Recycling Solutions Private Limited, buy the company report.
Board of directors of Vikar Recycling Solutions Private Limited
Vikar Recycling Solutions has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anwesh Singh | Director | 02 May 2017 | 9 Years 5 Months | Current |
| Joshi Devaputhran Sikha | Director | 02 May 2017 | 9 Years 5 Months | Current |
Auditor
Vikar Recycling Solutions Private Limited is audited by C S RAWAT & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| C S RAWAT & CO | FY 2022 | 029667N |
Shareholding
The shareholding of Vikar Recycling Solutions Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Vikar Recycling Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Vikar Recycling 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 Vikar Recycling Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Vikar Recycling Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAFCV9068B1Z6 | Delhi | Active | 24 Apr 2019 |
To see the full GST registrations and return filing status of Vikar Recycling Solutions Private Limited, buy the company report.
Recent activity
Vikar Recycling Solutions Private Limited has 3 board changes on record since 2017: 2 appointments and 1 cessation. The latest: Jaspinder Singh ceased to be Director on 31 Aug 2019.
Frequently asked questions
Vikar Recycling Solutions is an active private limited company based in New Delhi, Delhi, India. The company works in materials retail and distribution, within the metals and minerals industry. It was incorporated on 02 May 2017 (9+ years old) and is registered under CIN U74999DL2017PTC317091.
Vikar Recycling Solutions has 2 current directors:
- Anwesh Singh - Director
- Joshi Devaputhran Sikha - Director
The latest financial statements of Vikar Recycling 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 Vikar Recycling Solutions is 07AAFCV9068B1Z6, registered in Delhi.
The CIN (Corporate Identification Number) of Vikar Recycling Solutions is U74999DL2017PTC317091. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vikar Recycling Solutions was incorporated on 02 May 2017, making it 9+ years old. It is registered with the Registrar of Companies, Delhi.
Jaspinder Singh ceased to be Director on 31 Aug 2019. Anwesh Singh was appointed as Director on 02 May 2017. Joshi Devaputhran Sikha was appointed as Director on 02 May 2017.
Yes, Vikar Recycling Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Vikar Recycling Solutions can be reached through the website scrapmycar.in. Its registered office is in New Delhi, Delhi, India.
The registered office of Vikar Recycling Solutions is at E 709 Narwana Apartment Indra Prastha Extn., New Delhi, Delhi, India – 110092.