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Altere Innovations Private Limited - recycling & waste management in Assam, India. Directors, charges & compliance details.
Revenue · FY 2025
₹45.52 Lakh
▲ 1394% YoY
Net profit · FY 2025
₹1.88 Lakh
Net margin 4.1%
EBITDA · FY 2025
₹3.08 Lakh
EBITDA margin 6.8%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
4 yrs
Est. 2022
Directors on board
3
As per MCA filings
Brands
1
Associated brands
About Altere Innovations Private Limited
Data last updated:
Altere Innovations Private Limited is a private limited company based in Assam, India, recognised as a startup by DPIIT. It operates in the non metal recycling segment of the recycling and waste management sector. It was incorporated on 17 October 2022.
The company is registered with the Registrar of Companies (ROC), Guwahati, under CIN U37200AS2022PTC023737.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Sreyance Modi and Akshay Modi.
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 F.No – 201 Durga Residency Lastgate Guwahati Kamrup Metro, Assam, India – 781006.
As per the financials filed for FY 2025, the company reported a revenue of ₹45.52 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹1.88 Lakh (net margin 4.1%) and EBITDA of ₹3.08 Lakh (EBITDA margin 6.8%).
The company is associated with 1 brand: AlteRe.
For more details, the company can be reached via its website altere.in.
Company Details of Altere Innovations Private Limited
CIN U37200AS2022PTC023737
Registration Number 023737
Incorporation Date 17 October 2022
ROC Guwahati
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
Recognitions & Rankings of Altere Innovations
Contact Details
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressF.No – 201 Durga Residency Lastgate Guwahati Kamrup Metro, Assam, India – 781006
- IndustryRecycling & Waste Management, Non Metal Recycling
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Business Activity of Altere Innovations Private Limited
The main business activity of Altere Innovations 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 Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| E | Water supply, sewerage and waste management | E3 | Waste collection, treatment and disposal activities, materials recovery and Other waste management services | Locked |
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Financials of Altere Innovations Private Limited FY 2025 filings available
Altere Innovations Private Limited reported revenue of ₹45.52 Lakh (up 1394% YoY) for FY 2025.
Revenue · FY 2025
₹45.52 Lakh ▲ 1394%
Net profit · FY 2025
₹1.88 Lakh margin 4.1%
EBITDA · FY 2025
₹3.08 Lakh margin 6.8%
Financial Statement Summary of Altere Innovations Private 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 | ₹3.08 Lakh | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.88 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 Altere Innovations Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 6.8% | •••• | •••• |
| Net Profit Margin | 4.1% | •••• | •••• |
| 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 Altere Innovations 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 Altere Innovations Private Limited
Altere Innovations has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sreyance Modi | Director | 17 Oct 2022 | 4 Years 0 Months | Current |
| Akshay Modi | Director | 17 Oct 2022 | 4 Years 0 Months | Current |
| Astha Khubele | Director | 17 Oct 2022 | 4 Years 0 Months | Current |
Peer Comparison of Altere Innovations Private Limited
Altere Innovations Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Waste collection, treatment and disposal activities, materials recovery and Other waste management services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Compgreen Solutions Private Limited | ₹47.01 Lakh (FY 2025) | •••• | •••• | 48.0% | •••• | Pune, Maharashtra, India |
| Eco Petals Recyclers Private Limited | ₹46.78 Lakh (FY 2024) | •••• | •••• | -15.0% | •••• | Bangalore, Karnataka, India |
| Panorama Facilities India Private Limited | ₹46.76 Lakh (FY 2024) | •••• | •••• | 27.0% | •••• | Bangalore, Karnataka, India |
| Silvio Enviro Technologies Private Limited | ₹46.75 Lakh (FY 2025) | •••• | •••• | -17.0% | •••• | Kota, Rajasthan, India |
| Radiant Evo Water Solutions Private Limited | ₹45.98 Lakh (FY 2023) | •••• | •••• | •••• | Mumbai, Maharashtra, India | |
| Altere Innovations Private Limited this company | ₹45.52 Lakh (FY 2025) | •••• | •••• | 1394.0% | •••• | Assam, India |
| Sos (Solution Overall for Ship) Recycling Private Limited | ₹45.46 Lakh (FY 2021) | •••• | •••• | 1098.0% | •••• | Belapur, Maharashtra, India |
| Hrushikesh Water Sciences Private Limited | ₹45.33 Lakh (FY 2024) | •••• | •••• | 288.0% | •••• | Pune, Maharashtra, India |
| Sgi Studio Galli Ingegneria India Private Limited | ₹45.02 Lakh (FY 2023) | •••• | •••• | -93.0% | •••• | Pune, Maharashtra, India |
| Duncan and Ross Projects Private Limited | ₹45 Lakh (FY 2021) | •••• | •••• | •••• | Hyderabad, Telangana, India | |
| Young Leaf Foundation | ₹44.94 Lakh (FY 2024) | •••• | •••• | 242.0% | •••• | Lucknow, Uttar Pradesh, India |
Peers are the five companies nearest above and the five nearest below Altere Innovations by revenue in 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. Net profit, margin and employee counts of each peer are in the company report.
Charges & Borrowings of Altere Innovations Private Limited
Altere Innovations Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Altere Innovations Private Limited
Employment history and EPFO contributions of people linked to Altere Innovations.
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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 Altere Innovations Private Limited
Altere Innovations Private Limited has 3 board changes on record since 2022: 3 appointments. The latest: Akshay Modi was appointed as Director on 17 Oct 2022.
AGM
Altere Innovations Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Altere Innovations Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Guwahati.
Appointed
Akshay Modi was appointed as Director.
Appointed
Astha Khubele was appointed as Director.
Appointed
Sreyance Modi was appointed as Director.
Incorporation
17 Oct 2022
Altere Innovations Private Limited was registered on 17 Oct 2022 with Roc Guwahati & aged 4 years 2 days as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Altere Innovations Private Limited
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MSME Payment Delays by Altere Innovations Private Limited
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Subsidiaries & Group Companies of Altere Innovations Private Limited
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GST Compliance of Altere Innovations Private Limited
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MCA Filings & Documents of Altere Innovations Private Limited
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Frequently Asked Questions about Altere Innovations Private Limited
Altere Innovations is an active private limited company based in Assam, India. The company works in non metal recycling, within the recycling and waste management industry. It was incorporated on 17 October 2022 (4+ years old) and is registered under CIN U37200AS2022PTC023737.
Altere Innovations reported revenue of ₹45.52 Lakh for FY 2025 (up 1394% YoY).
Altere Innovations has 3 current directors:
- Sreyance Modi - Director
- Akshay Modi - Director
- Astha Khubele - Director
Altere Innovations reported a net profit of ₹1.88 Lakh (net margin 4.1%) and EBITDA of ₹3.08 Lakh (EBITDA margin 6.8%) for FY 2025, as per its filed financial statements.
The CIN (Corporate Identification Number) of Altere Innovations is U37200AS2022PTC023737. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Altere Innovations was incorporated on 17 October 2022, making it 4+ years old. It is registered with the Registrar of Companies, Guwahati.
The peers of Altere Innovations by revenue are Compgreen Solutions Private Limited, Eco Petals Recyclers Private Limited, Panorama Facilities India Private Limited, Silvio Enviro Technologies Private Limited, Radiant Evo Water Solutions Private Limited and 5 more, all in the same principal business activity (Waste collection, treatment and disposal activities, materials recovery and Other waste management services).
Akshay Modi was appointed as Director on 17 Oct 2022. Astha Khubele was appointed as Director on 17 Oct 2022. Sreyance Modi was appointed as Director on 17 Oct 2022.
Yes, Altere Innovations is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Altere Innovations can be reached through the website altere.in. Its registered office is in Assam, India.
The registered office of Altere Innovations is at F.No – 201 Durga Residency Lastgate Guwahati Kamrup Metro, Assam, India – 781006.