MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2022-23)
- Udyam number
- UDYAM-GJ-01-0211276
Alter Resources Limited
Alter Resources Limited - environment in Ahmedabad, Gujarat, India. Directors, charges & compliance details.
Revenue · FY 2025
₹26.99 Lakh
▼ 70% YoY
Net loss · FY 2025
₹5.3 Lakh
Net margin -19.6%
EBITDA · FY 2025
-₹5.09 Lakh
EBITDA margin -18.9%
Authorised capital
₹15 Lakh
Registered with MCA
Paid-up capital
₹15 Lakh
Issued & subscribed
Company age
4 yrs
Est. 2022
Directors on board
3
As per MCA filings
Last financials
Mar 2025
Balance sheet date
About Alter Resources Limited
Data last updated:
Alter Resources Limited is a public limited company based in Ahmedabad, Gujarat, India. It operates in the waste management and recycling solutions segment of the environmental services sector. It was incorporated on 28 September 2022.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U37100GJ2022PLC135820.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹15 Lakh. It is led by directors including Harsukhbhai Dahyabhai Vaghasiya and Keval Jayantibhai Sangani.
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 Shed – 7 Versalite Est. Nr. Gopalcharan Ind. Estate Odhav, Ahmedabad, Gujarat, India – 382418.
As per the financials filed for FY 2025, the company reported a revenue of ₹26.99 Lakh, a decline of 70% compared to the previous year. For the same year it recorded a net loss of ₹5.3 Lakh (net margin -19.6%) and EBITDA of -₹5.09 Lakh (EBITDA margin -18.9%).
Alter Resources Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0211276).
Company Details of Alter Resources Limited
CIN U37100GJ2022PLC135820
Registration Number 135820
Incorporation Date 28 September 2022
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
MSME Classification Micro
Udyam Registration UDYAM-GJ-01-0211276
Key People
Harsukhbhai Dahyabhai Vaghasiya Director Keval Jayantibhai Sangani Director Keval Balubhai Dholariya Director Recognitions & Rankings of Alter Resources
Contact Details
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressShed – 7 Versalite Est. Nr. Gopalcharan Ind. Estate Odhav, Ahmedabad, Gujarat, India – 382418
- IndustryEnvironment, Waste Management & Recycling Solutions
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Business Activity of Alter Resources Limited
The main business activity of Alter Resources is water supply; sewerage, waste management and remediation activities. In detail, this covers waste collection, treatment and disposal activities; materials recovery.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| E | Water supply; sewerage, waste management and remediation activities | 38 | Waste collection, treatment and disposal activities; materials recovery | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
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Financials of Alter Resources Limited FY 2025 filings available
Alter Resources Limited reported revenue of ₹26.99 Lakh (down 70% YoY) for FY 2025.
Revenue · FY 2025
₹26.99 Lakh ▼ 70%
Net loss · FY 2025
₹5.3 Lakh margin -19.6%
EBITDA · FY 2025
-₹5.09 Lakh margin -18.9%
Compounded Annual Growth Rate (CAGR) of Alter Resources Limited
Revenue CAGR growth
1 year
▼ 70%
Revenue fell 70% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Alter Resources Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| 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 | -₹5.09 Lakh | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | -₹5.3 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 Alter Resources Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -18.9% | •••• | •••• |
| Net Profit Margin | -19.6% | •••• | •••• |
| 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 Alter Resources are in the company report.
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Financial statements from FY 2023
Earlier years and trend charts are in the company report.
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Board of Directors of Alter Resources Limited
Alter Resources has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Harsukhbhai Dahyabhai Vaghasiya Also directs: Tradebin Recyclers LLP | Director | 28 Sep 2022 | 4 Years 0 Months | Current |
| Keval Jayantibhai Sangani Also directs: Tradebin Recyclers LLP | Director | 28 Sep 2022 | 4 Years 0 Months | Current |
| Keval Balubhai Dholariya Also directs: Tradebin Recyclers LLP | Director | 28 Sep 2022 | 4 Years 0 Months | Current |
Peer Comparison of Alter Resources Limited
Alter Resources Limited is compared with the companies closest to it by revenue in the Cleantech industry (Water and Wastewater 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 |
|---|---|---|---|---|---|---|
| Sityog Watertech Systems Private Limited | ₹29.62 Lakh (FY 2024) | •••• | •••• | -27.0% | •••• | Delhi, India |
| Qlife Water Solutions India Private Limited | ₹29.47 Lakh (FY 2023) | •••• | •••• | •••• | Palsana, Gujarat, India | |
| Varad Pryavaran Private Limited | ₹29.33 Lakh (FY 2025) | •••• | •••• | 477.0% | •••• | Jaipur, Rajasthan, India |
| Royal Waterproofing Private Limited | ₹28.81 Lakh (FY 2025) | •••• | •••• | -68.0% | •••• | Delhi, India |
| Nyrmalya Bio Engineering Solutions Private Limited | ₹28.74 Lakh (FY 2025) | •••• | •••• | -62.0% | •••• | Yellareddyguda, Telangana, India |
| Alter Resources Limited this company | ₹26.99 Lakh (FY 2025) | •••• | •••• | -70.0% | •••• | Ahmedabad, Gujarat, India |
| Regnum Contech Private Limited | ₹26.96 Lakh (FY 2025) | •••• | •••• | -97.0% | •••• | Hyderabad, Telangana, India |
| Water Freedom Revolution Industries Private Limited | ₹26.96 Lakh (FY 2023) | •••• | •••• | •••• | Pune, Maharashtra, India | |
| Himalayan Water Science Private Limited | ₹26.7 Lakh (FY 2025) | •••• | •••• | 293.0% | •••• | Udaipur, Rajasthan, India |
| Harit Yamuna Mission Foundation | ₹26.6 Lakh (FY 2025) | •••• | •••• | -55.0% | •••• | Delhi, India |
| Sanchay New Age Developers Private Limited | ₹26.54 Lakh (FY 2022) | •••• | •••• | -50.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Alter Resources by revenue in the Cleantech industry (Water and Wastewater Treatment), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Charges & Borrowings of Alter Resources Limited
Alter Resources Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Alter Resources Limited
Employment history and EPFO contributions of people linked to Alter Resources.
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Alter Resources Limited
Alter Resources Limited has 3 board changes on record since 2022: 3 appointments. The latest: Harsukhbhai Dahyabhai Vaghasiya was appointed as Director on 28 Sep 2022.
AGM
Alter Resources Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Alter Resources Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Appointed
Harsukhbhai Dahyabhai Vaghasiya was appointed as Director.
Appointed
Keval Balubhai Dholariya was appointed as Director.
Appointed
Keval Jayantibhai Sangani was appointed as Director.
Incorporation
28 Sep 2022
Alter Resources Limited was registered on 28 Sep 2022 with Roc Ahmedabad & aged 4 years 22 days as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Alter Resources Limited
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Credit ratings, litigation, and regulatory alerts
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MSME Payment Delays by Alter Resources Limited
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Subsidiaries & Group Companies of Alter Resources Limited
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Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
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GST Compliance of Alter Resources Limited
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MCA Filings & Documents of Alter Resources Limited
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Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
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Frequently Asked Questions about Alter Resources Limited
Alter Resources is an active public limited company based in Ahmedabad, Gujarat, India. The company works in waste management and recycling solutions, within the environment industry. It was incorporated on 28 September 2022 (4+ years old) and is registered under CIN U37100GJ2022PLC135820.
Alter Resources reported revenue of ₹26.99 Lakh for FY 2025 (down 70% YoY).
Alter Resources has 3 current directors:
- Harsukhbhai Dahyabhai Vaghasiya - Director
- Keval Jayantibhai Sangani - Director
- Keval Balubhai Dholariya - Director
Alter Resources reported a net loss of ₹5.3 Lakh (net margin -19.6%) and EBITDA of -₹5.09 Lakh (EBITDA margin -18.9%) for FY 2025, as per its filed financial statements.
The CIN (Corporate Identification Number) of Alter Resources is U37100GJ2022PLC135820. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Alter Resources was incorporated on 28 September 2022, making it 4+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Alter Resources by revenue are Sityog Watertech Systems Private Limited, Qlife Water Solutions India Private Limited, Varad Pryavaran Private Limited, Royal Waterproofing Private Limited, Nyrmalya Bio Engineering Solutions Private Limited and 5 more, all in the Cleantech industry (Water and Wastewater Treatment).
Harsukhbhai Dahyabhai Vaghasiya was appointed as Director on 28 Sep 2022. Keval Balubhai Dholariya was appointed as Director on 28 Sep 2022. Keval Jayantibhai Sangani was appointed as Director on 28 Sep 2022.
Yes, Alter Resources is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-01-0211276).
The registered office of Alter Resources is at Shed – 7 Versalite Est. Nr. Gopalcharan Ind. Estate Odhav, Ahmedabad, Gujarat, India – 382418.
Alter Resources has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹15 Lakh.