Adarsh Recycling Private Limited
About Adarsh Recycling Private Limited
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Adarsh Recycling Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the metalworking segment of the metals and mining sector. It was incorporated on 18 March 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U36998GJ1997PTC031931. Its GSTIN is 24AABCA2978B1Z2 (Gujarat).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1.71 Lakh. It is led by directors including Harsh Shantilal Parikh and Radheshyam Ramsukh Mundra.
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 137 Adarsh Industrial Estate Nr. Chakudia Mahadev Rakhial, Ahmedabad, Gujarat, India – 380023.
As per the financials filed for FY 2025, the company reported a revenue of ₹24.36 Cr, a growth of 29% compared to the previous year. For the same year it recorded a net profit of ₹50.2 Lakh (net margin 2.1%) and EBITDA of ₹75.14 Lakh (EBITDA margin 3.1%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 4% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Adarsh Recycling Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address137 Adarsh Industrial Estate Nr. Chakudia Mahadev Rakhial, Ahmedabad, Gujarat, India – 380023
- IndustryMetal & Minerals, Metalworking
To see the full contact details of Adarsh Recycling 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
Business activity
The main business activity of Adarsh Recycling 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 Adarsh Recycling Private Limited, buy the company report.
Financials of Adarsh Recycling Private Limited
FY 2025 filings availableAdarsh Recycling Private Limited reported revenue of ₹24.36 Cr (up 29% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 4% over five years, including 29% growth in the latest year. EBITDA rose 11% 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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| EBITDA | ₹75.14 Lakh | ||||
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| Net Profit (PAT) | ₹50.2 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 3.1% | ||||
| Net Profit Margin | 2.1% | ||||
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To see the full financial statements and ratios of Adarsh Recycling Private Limited, buy the company report.
Board of directors of Adarsh Recycling Private Limited
Adarsh Recycling has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Harsh Shantilal Parikh Also directs: Chintan Alluminium Pvt Ltd | Director | 18 Mar 1997 | 29 Years 7 Months | Current |
| Radheshyam Ramsukh Mundra Also directs: Chintan Alluminium Pvt Ltd | Director | 18 Mar 1997 | 29 Years 7 Months | Current |
| Hardik Radheshyambhai Mundra | Director | 25 May 2022 | 4 Years 5 Months | Current |
Peer comparison
Adarsh Recycling Private Limited is compared with the 5 companies closest to it by revenue in the Metals and Minerals industry (Metal Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| G A Ispat Private Limited | ₹24.52 Cr (FY 2025) | 4.0% | Kolkata, West Bengal, India | |||
| Bagree Fincom Private Limited | ₹24.48 Cr (FY 2017) | 201.0% | Indore, Madhya Pradesh, India | |||
| Kohli Iron and Steels Private Limited | ₹24.41 Cr (FY 2025) | -40.0% | Mohali, Punjab, India | |||
| Suneri Steels Private Limited | ₹24.4 Cr (FY 2025) | 241.0% | Kolkata, West Bengal, India | |||
| Adarsh Recycling Private Limitedthis company | ₹24.36 Cr (FY 2025) | ₹50.2 Lakh | 2.1% | 29.0% | Ahmedabad, Gujarat, India | |
| Shree Sai Steel Industries India Private Limited | ₹24.27 Cr (FY 2016) | -47.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Adarsh Recycling Private Limited, buy the company report.
Auditor
Adarsh Recycling Private Limited is audited by H.V.VASA & CO. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| H.V.VASA & CO. | FY 2017 | 16831 |
Shareholding
The shareholding of Adarsh Recycling Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Adarsh Recycling Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Adarsh Recycling 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 Adarsh Recycling Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Adarsh Recycling has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCA2978B1Z2 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Adarsh Recycling Private Limited, buy the company report.
Recent activity
Adarsh Recycling Private Limited has 3 board changes on record since 1997: 3 appointments. The latest: Hardik Radheshyambhai Mundra was appointed as Director on 25 May 2022.
Frequently asked questions
Adarsh Recycling is an active private limited company based in Ahmedabad, Gujarat, India. The company works in metalworking, within the metal and minerals industry. It was incorporated on 18 March 1997 (29+ years old) and is registered under CIN U36998GJ1997PTC031931.
Adarsh Recycling has 3 current directors:
- Harsh Shantilal Parikh - Director
- Radheshyam Ramsukh Mundra - Director
- Hardik Radheshyambhai Mundra - Director
The latest financial statements of Adarsh Recycling 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 2015 are in the company report.
The GSTIN of Adarsh Recycling is 24AABCA2978B1Z2, registered in Gujarat.
The CIN (Corporate Identification Number) of Adarsh Recycling is U36998GJ1997PTC031931. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Adarsh Recycling was incorporated on 18 March 1997, making it 29+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Adarsh Recycling by revenue are G A Ispat Private Limited, Bagree Fincom Private Limited, Kohli Iron and Steels Private Limited, Suneri Steels Private Limited, Shree Sai Steel Industries India Private Limited, all in the Metals and Minerals industry (Metal Retail and Distribution), with the same principal business activity (wholesale trading).
Hardik Radheshyambhai Mundra was appointed as Director on 25 May 2022. Harsh Shantilal Parikh was appointed as Director on 18 Mar 1997. Radheshyam Ramsukh Mundra was appointed as Director on 18 Mar 1997.
The registered office of Adarsh Recycling is at 137 Adarsh Industrial Estate Nr. Chakudia Mahadev Rakhial, Ahmedabad, Gujarat, India – 380023.
Adarsh Recycling operates in the metal and minerals industry, in the metalworking segment.
The compliance status of Adarsh Recycling is compliant as of 26 August 2026. The company is actively filing with the Registrar of Companies.
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