MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2026-27)
- Udyam number
- UDYAM-MH-26-0016008
Market Cap
₹305 Cr
APEXECO-ST · NSE
Share Price
₹228.80
-1.10% today
Revenue
₹149 Cr
FY 2025-26 · +109.5% YoY
EBITDA
₹21.86 Cr
Margin 14.7%
Net Profit
₹17.01 Cr
FY 2025-26 · +98.7% YoY
P/E (TTM)
18.6x
P/B 5.0x
ROE
31.1%
ROCE 40.9%
Debt / Equity
0.01
Interest cover 0.9x
About Apex Ecotech Limited
Data last updated:
Apex Ecotech Limited is a public limited company based in Pune, Maharashtra, India. It operates in the waste management segment of the recycling and waste management sector. It was incorporated on 01 April 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U29299PN2009PLC133737. Its GSTIN is 07AAHCA6649M1Z5 (Delhi). The company holds 8 GST registrations, of which 2 are active. It is a listed company as per MCA records. Its shares are listed on NSE: APEXECO.
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹13.19 Cr. It is led by directors including Anuj Dosajh (Managing Director) and Rajiv Mathur.
Its last annual general meeting (AGM) was held on 11 July 2024, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Pune, Maharashtra.
As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹148.65 Cr, a growth of 109.5% compared to the previous year. For the same year it recorded a net profit of ₹17.01 Cr (net margin 11.4%) and EBITDA of ₹21.86 Cr (EBITDA margin 14.7%). The net worth stands at ₹63.26 Cr (up 36.8% YoY). Total assets are valued at ₹65.33 Cr (up 39.3% YoY).
The company has about 104 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Apex Ecotech. As per MCA filings, the company has open charges of ₹35 Cr and satisfied charges of ₹28.36 Cr on record. Court records list 12 cases involving the company, including 6 filed by the company and 6 filed against it; 3 cases are pending. The company has 6 deals on record (3 funding rounds, 2 secondary share transfers, 1 ipo), with disclosed funding of ₹1.69 Cr; the latest was in December 2024.
Apex Ecotech Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0016008). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website apexecotech.com.
Company details
CIN U29299PN2009PLC133737
Registration Number 133737
Incorporation Date 01 April 2009
ROC Pune
Listing Status Listed (NSE: APEXECO)
Company Status Active
Date of Last AGM 11 July 2024
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-26-0016008
CIN history
Apex Ecotech has one previous CIN (Corporate Identification Number): U29299PN2009PTC133737. The current CIN is U29299PN2009PLC133737, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U29299PN2009PLC133737 | Current |
| U29299PN2009PTC133737 | Previous |
Recognitions & Rankings of Apex Ecotech
Contact details
Apex Ecotech Limited's registered office is in Pune, Maharashtra.
- Social Media
- Registered AddressOffice No. 202 Garden Plaza Five Gardens Road, Sunshine Villas Rahatani, Pune, Maharashtra, India – 411017
- IndustryRecycling & Waste Management, Waste Management
Comprehensive company report
Apex Ecotech 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Apex Ecotech operates one associated brand: Apex Ecotech. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Water treatment services are provided globally by Apex Ecotech. | apexecotech.com |
Financials of Apex Ecotech Limited
FY 2025-26 filings availableApex Ecotech Limited reported revenue of ₹148.65 Cr (up 109.5% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · StandaloneRevenue
₹149 Cr
+109.5% YoY
EBITDA
₹21.86 Cr
+95.9% YoY
Profit After Tax
₹17.01 Cr
+98.7% YoY
Net Worth
₹63.26 Cr
+36.8% YoY
Total Assets
₹65.33 Cr
+39.3% YoY
Total Debt
₹1.31 Cr
+627.8% YoY
Revenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 149 | 70.96 | 53.08 | 34.57 | 19.51 | 11.70 | 44.47 |
| Revenue growth | +109.5% | +33.7% | +53.5% | +77.2% | +66.8% | -73.7% | - |
| EBITDA | 21.86 | 11.16 | 8.93 | 4.29 | (0.31) | (1.13) | 5.29 |
| EBITDA margin | +14.7% | +15.7% | +16.8% | +12.4% | -1.6% | -9.7% | +11.9% |
| Profit before tax | 22.74 | 11.38 | 8.98 | 4.16 | (0.51) | (1.66) | 3.85 |
| Net profit | 17.01 | 8.56 | 6.63 | 3.52 | (1.05) | (1.67) | 2.66 |
| Net profit margin | +11.4% | +12.1% | +12.5% | +10.2% | -5.4% | -14.3% | +6.0% |
| EPS (₹) | 12.91 | 6.49 | 68.45 | 38.54 | (7.21) | (18.06) | 29.26 |
| Balance sheet | |||||||
| Total assets | 65.33 | 46.91 | 15.56 | 8.13 | 5.18 | 8.44 | 8.08 |
| Net worth | 63.26 | 46.24 | 14.74 | 7.22 | 3.70 | 4.36 | 6.01 |
| Total debt | 1.31 | 0.18 | 0.42 | 0.58 | 1.10 | 4.08 | 1.47 |
| Cash & bank | 35.06 | 27.95 | 10.12 | 2.15 | 0.14 | 0.18 | 0.72 |
| Net working capital | 61.97 | 45.40 | 14.16 | 6.61 | 3.51 | 3.78 | 4.37 |
| Cash flow | |||||||
| Cash from operations | 6.77 | (5.24) | 6.69 | 2.60 | (0.07) | (0.91) | 5.00 |
| Cash from investing | (14.65) | (8.38) | (0.05) | 0.00 | 3.30 | (1.28) | 0.04 |
| Cash from financing | 1.04 | 22.61 | 0.66 | (0.59) | (3.27) | 2.18 | (5.77) |
Financial Statements
Figures in ₹ Cr; negatives in brackets. Updated 24 Oct 2026
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 149 | 70.96 | 53.08 | 34.57 | 19.51 | 11.70 | 44.47 |
| Revenue growth | +109.5% | +33.7% | +53.5% | +77.2% | +66.8% | -73.7% | - |
| Other income | 1.28 | 0.62 | 0.38 | 0.35 | 0.52 | 0.28 | 0.10 |
| Total expenses | 127 | 59.80 | 44.15 | 30.28 | 19.82 | 12.83 | 39.18 |
| Employee cost | 5.00 | 4.28 | 3.51 | 2.63 | 3.66 | 3.32 | 3.00 |
| EBITDA | 21.86 | 11.16 | 8.93 | 4.29 | (0.31) | (1.13) | 5.29 |
| EBITDA margin | +14.7% | +15.7% | +16.8% | +12.4% | -1.6% | -9.7% | +11.9% |
| Depreciation | 0.20 | 0.22 | 0.23 | 0.28 | 0.36 | 0.39 | 0.42 |
| Interest | 0.20 | 0.18 | 0.10 | 0.20 | 0.36 | 0.42 | 1.12 |
| Profit before tax | 22.74 | 11.38 | 8.98 | 4.16 | (0.51) | (1.66) | 3.85 |
| Tax | 5.73 | 2.82 | 2.35 | 0.64 | 0.14 | (0.01) | 1.19 |
| Net profit | 17.01 | 8.56 | 6.63 | 3.52 | (1.05) | (1.67) | 2.66 |
| Net profit margin | +11.4% | +12.1% | +12.5% | +10.2% | -5.4% | -14.3% | +6.0% |
| EPS (₹) | 12.91 | 6.49 | 68.45 | 38.54 | (7.21) | (18.06) | 29.26 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 13.19 | 13.19 | 0.97 | 0.91 | 0.91 | 0.91 | 0.91 |
| Reserves & surplus | 50.07 | 33.05 | 13.77 | 6.31 | 2.79 | 3.45 | 5.10 |
| Shareholders' funds (net worth) | 63.26 | 46.24 | 14.74 | 7.22 | 3.70 | 4.36 | 6.01 |
| Secured loans | 1.31 | 0.18 | 0.42 | 0.58 | 1.10 | 4.08 | 0.85 |
| Unsecured loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.62 |
| Total debt | 1.31 | 0.18 | 0.42 | 0.58 | 1.10 | 4.08 | 1.47 |
| Total liabilities | - | - | 15.56 | 8.13 | 5.18 | 8.44 | 8.08 |
| Assets | |||||||
| Gross block | 3.61 | 2.62 | 2.52 | 2.30 | 2.24 | 5.08 | 5.51 |
| Net block | 1.96 | 1.18 | 1.29 | 1.38 | 1.59 | 4.43 | 3.50 |
| Capital work in progress | 0.98 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Inventories | 4.42 | 2.39 | 1.76 | 3.41 | 1.93 | 2.85 | 2.23 |
| Sundry debtors | 16.76 | 11.57 | 8.67 | 7.01 | 3.47 | 4.43 | 8.31 |
| Cash & bank balances | 35.06 | 27.95 | 10.12 | 2.15 | 0.14 | 0.18 | 0.72 |
| Loans & advances | 29.58 | 16.27 | 3.60 | 3.59 | 2.57 | 1.42 | 3.99 |
| Total current assets | 85.82 | 58.18 | 24.15 | 16.16 | 8.11 | 8.88 | 15.25 |
| Total current liabilities | 23.85 | 12.78 | 9.99 | 9.55 | 4.60 | 5.10 | 10.88 |
| Net working capital | 61.97 | 45.40 | 14.16 | 6.61 | 3.51 | 3.78 | 4.37 |
| Total assets | 65.33 | 46.91 | 15.56 | 8.13 | 5.18 | 8.44 | 8.08 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 18.44 | 9.45 | 2.15 | 0.14 | 0.18 | 0.18 | 1.45 |
| Net cash from operating activities | 6.77 | (5.24) | 6.69 | 2.60 | (0.07) | (0.91) | 5.00 |
| Net cash from investing activities | (14.65) | (8.38) | (0.05) | 0.00 | 3.30 | (1.28) | 0.04 |
| Net cash from financing activities | 1.04 | 22.61 | 0.66 | (0.59) | (3.27) | 2.18 | (5.77) |
| Net change in cash | (6.84) | 8.99 | 7.30 | 2.01 | (0.04) | 0.00 | (0.72) |
| Closing cash | 35.06 | 27.95 | 10.12 | 2.15 | 0.14 | 0.18 | 0.72 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +109.5% | +33.7% | +53.5% | +77.2% | +66.8% | -73.7% | - |
| EBITDA growth | +95.9% | +25.0% | +108.2% | +1483.9% | +72.6% | -121.4% | - |
| PBT growth | +99.8% | +26.7% | +115.9% | +9998.0% | +69.3% | - | +270.2% |
| Net income growth | +98.7% | +29.1% | +88.4% | +435.2% | +37.1% | -162.8% | - |
| Revenue CAGR (3Y) | +62.6% | +53.8% | +65.5% | -8.1% | -14.6% | -12.7% | - |
| EBITDA CAGR (3Y) | +72.1% | - | - | -6.8% | - | - | - |
| Profitability & leverage | |||||||
| Net income margin | +11.4% | +12.1% | +12.5% | +10.2% | -3.3% | -14.1% | +6.0% |
| Return on capital employed | +40.9% | +37.0% | +76.7% | +65.6% | -8.2% | -15.1% | +53.8% |
| Return on net worth | +31.1% | +28.1% | +60.4% | +64.5% | -26.3% | -31.8% | +53.7% |
| Debt / equity | 0.01 | 0.01 | 0.05 | 0.15 | 0.64 | 0.54 | 0.77 |
| Long-term debt / equity | 0.01 | 0.00 | 0.03 | 0.11 | 0.22 | 0.16 | 0.43 |
| Interest cover | 0.92 | 1.65 | 1.15 | 4.99 | -53.73 | -27.63 | 23.00 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 47.72 | 27.61 | 22.02 | 15.23 | 5.33 | 2.21 | 9.50 |
| Inventory turnover | 43.66 | 34.20 | 20.53 | 12.95 | 8.16 | 4.61 | 15.31 |
| Debtors turnover | 10.49 | 7.01 | 6.77 | 6.60 | 4.94 | 1.84 | 6.56 |
| EPS (₹) | 12.91 | 6.49 | 68.45 | 38.54 | (7.21) | (18.06) | 29.26 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 5.50 |
| Book value per share (₹) | 47.98 | 35.06 | 152.13 | 79.08 | 40.55 | 47.75 | 65.82 |
To see the full year-wise statements and ratios of Apex Ecotech Limited, buy the company report.
Board of directors of Apex Ecotech Limited
Apex Ecotech has 7 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajiv Mathur Also directs: Ahlcon Parenterals (India) Limited | Director | 10 Feb 2024 | 2 Years 8 Months | Current |
| Satya Jagannathan | Director | 02 Mar 2024 | 2 Years 7 Months | Current |
| Ajay Raina | Director | 01 Apr 2009 | 17 Years 6 Months | Current |
| Ramakrishnan Balasundaram Aiyer | Director | 01 Apr 2009 | 17 Years 6 Months | Current |
| Anuj Dosajh Also directs: Oakens Engineering Services Private Limited | Managing Director | 01 Apr 2009 | 17 Years 6 Months | Current |
| Ashutosh Anilkumar Vadanagekar Also directs: Aara Industry Solutions Private Limited | Director | 10 Feb 2024 | 2 Years 8 Months | Current |
Showing 6 of 7 current directors. View all directors
Charges & borrowings
Open charges
₹35 Cr
Satisfied charges
₹28.36 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Sep 2023 | 100816645 | Bank of India | ₹35 Cr | Open | |
| 07 Nov 2023 | 100842492 | Bank of India | ₹62,000 | Satisfied | |
| 07 Nov 2023 | 100842494 | Bank of India | ₹59,524 | Satisfied | |
| 07 Nov 2023 | 100842495 | Bank of India | ₹79,953 | Satisfied | |
| 07 Nov 2023 | 100842497 | Bank of India | ₹62,000 | Satisfied |
To see the full charge records of Apex Ecotech Limited, buy the company report.
Total charge records: 14 View all charges
Deals & funding
Apex Ecotech Limited has 6 deals on record (3 funding rounds, 2 secondary share transfers, 1 ipo), with disclosed funding of ₹1.69 Cr; the latest was in December 2024.
Total deals
6
Funding rounds
3
Secondary share transfers
2
IPO
1
Disclosed funding
₹1.69 Cr
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2024 | IPO | ₹25.54 Cr | Investors: Ipo Shareholders - Apex ecotech Limited, Kingsman Wealth Fund Pcc- Aurisse Special Opportunities Fund, Rajasthan Global Securities Private Limited |
| Mar 2024 | Funding round | ₹88 Lakh | Investors: Securocrop Securities India Private Limited , an individual |
| Sep 2016 | Funding round | ₹35 Lakh | Investors: 4 individuals |
| Dec 2013 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: an individual |
| Apr 2010 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
To see the full deal history of Apex Ecotech Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Apex Ecotech Limited has 12 court cases on record: 6 filed by Apex Ecotech, 6 filed against it. 3 cases are pending and 9 are disposed.
Total cases
12
Filed by the company
6
Filed against the company
6
Pending
3
Disposed
9
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 10 | 5 | 2 |
| High courts | 2 | 1 | 1 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Appeal | Filed against the company by Divine Infracon Pvt Ltd | Disposed |
| District court, North, Delhi | Civil suit | Filed by the company against Vishesh Woollen Mills Pvt. Ltd. | Disposed |
| District court, New Delhi, Delhi | Civil suit | Filed by the company against Divine Infracon Pvt. Ltd. | Disposed |
| Bombay High Court | Writ petition | Filed by the company against The State of Maharashtra Thru. Secretary and Anr | Pending |
| District court, Nashik, Maharashtra | Court case (Reg Dkst) | Filed against the company by M/S.Positive Meatering Pumps (Ind) Pvt. Ltd. | Pending |
To see the full case history of Apex Ecotech Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Apex Ecotech Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Apex Ecotech has 8 GST registrations: 2 active and 6 cancelled or inactive.
Total GSTINs
8
Active
2
Cancelled / inactive
6
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAHCA6649M1Z5 | Delhi | Active | 01 Jul 2017 |
| 27AAHCA6649M1Z3 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Apex Ecotech Limited, buy the company report.
Recent activity
Apex Ecotech Limited has 16 board changes on record since 2009: 7 appointments and 9 cessations. The latest: Lalit Mohan Datta ceased to be Director on 31 Mar 2024.
Filing
Apex Ecotech Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Pune.
Charges
A charge with Bank Of India of Rs. 35.00 Cr registered on 07 Sep 2023 with Charge ID 100816645 was modified on 05 Dec 2025.
Charges
A charge registered on 07 Nov 2023 via Charge ID 100842492 with Bank Of India was fully satisfied on 28 Nov 2024.
Charges
A charge registered on 07 Nov 2023 via Charge ID 100842494 with Bank Of India was fully satisfied on 28 Nov 2024.
Charges
A charge registered on 07 Nov 2023 via Charge ID 100842495 with Bank Of India was fully satisfied on 28 Nov 2024.
Charges
A charge registered on 07 Nov 2023 via Charge ID 100842497 with Bank Of India was fully satisfied on 28 Nov 2024.
AGM
Apex Ecotech Limited last Annual general meeting of members was held on 11 Jul 2024 as per latest MCA records.
Ceased
Lalit Mohan Datta ceased to be Director.
Ceased
Ashutosh Anilkumar Vadanagekar ceased to be Additional Director.
Ceased
Neeraj Bhagat ceased to be Additional Director.
Ceased
Rajiv Mathur ceased to be Additional Director.
Ceased
Satya Jagannathan ceased to be Additional Director.
38 earlier events are in the company report.
Frequently asked questions
Apex Ecotech is an active public limited company based in Pune, Maharashtra, India. The company works in waste management, within the recycling and waste management industry. It was incorporated on 01 April 2009 (17+ years old) and is registered under CIN U29299PN2009PLC133737. Listed on NSE: APEXECO.
Apex Ecotech reported revenue of ₹148.65 Cr for FY 2025-26 (up 109.5% YoY) based on standalone financials.
Apex Ecotech has 7 current directors:
- Anuj Dosajh - Managing Director
- Rajiv Mathur - Director
- Satya Jagannathan - Director
- Ajay Raina - Director
- Ramakrishnan Balasundaram Aiyer - Director
- Ashutosh Anilkumar Vadanagekar - Director
- Neeraj Bhagat - Director
The latest financial statements of Apex Ecotech on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 11 July 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Apex Ecotech is 07AAHCA6649M1Z5, registered in Delhi. The company has 8 GST registrations in all, of which 2 are active and 6 are cancelled or inactive. Other active GSTINs include 27AAHCA6649M1Z3 (Maharashtra).
The CIN (Corporate Identification Number) of Apex Ecotech is U29299PN2009PLC133737. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Apex Ecotech is a listed company as per MCA records. Its shares are listed on NSE (symbol: APEXECO).
Apex Ecotech has 12 court cases on record: 6 filed by the company and 6 filed against it. 3 are pending. Most are in the district courts.
Apex Ecotech was incorporated on 01 April 2009, making it 17+ years old. It is registered with the Registrar of Companies, Pune.
Apex Ecotech has 6 deals on record (3 funding rounds, 2 secondary share transfers, 1 ipo), with disclosed funding of ₹1.69 Cr; the latest was in December 2024.