Axrecycle Private Limited - metals and minerals in New Delhi, Delhi, India. FY 2026 financials & compliance.
CIN U74990DL2018PTC338929 Incorporated 19 September 2018 ROC Delhi HQ New Delhi, Delhi, India
Active Private Limited Company metals and minerals
Data last updated
Revenue · FY 2024
₹3.92 Cr
▼ 76% YoY
Net profit · FY 2024
₹2.06 Lakh
Net margin 0.5%
EBITDA · FY 2024
₹1.07 Cr
EBITDA margin 27.4%
Authorised capital
₹1.5 Cr
Registered with MCA
Paid-up capital
₹1.5 Cr
Issued & subscribed
Open charges
₹4.95 Cr
Secured borrowings
Company age
8 yrs
Est. 2018
Directors on board
2
As per MCA filings

About Axrecycle Private Limited

Data last updated:

Axrecycle Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the metal manufacturing and processing segment of the metals and mining sector. It was incorporated on 19 September 2018 and has been in existence for over 8 years.

The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74990DL2018PTC338929. Its GSTIN is 07AARCA3766B1ZM (Delhi). The company holds 3 GST registrations, of which 2 are active.

The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.5 Cr. It is led by directors Vipin Kumar and Pankaj Tomar.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at H – 360 Ground Floor Block – H Vikas Puri, New Delhi, Delhi, India – 110018.

As per the financials filed for FY 2024, the company reported a revenue of ₹3.92 Cr, a decline of 76% compared to the previous year. For the same year it recorded a net profit of ₹2.06 Lakh (net margin 0.5%) and EBITDA of ₹1.07 Cr (EBITDA margin 27.4%). Revenue has declined at a compounded annual rate (CAGR) of 25% over three years.

As per MCA filings, the company has open charges of ₹4.95 Cr on record. Court records list 4 cases involving the company, including 3 filed by the company and 1 filed against it; 2 cases are pending.

For more details, the company can be reached via its website axrecycle.com.

Company Details of Axrecycle Private Limited
CIN U74990DL2018PTC338929
Registration Number 338929
Incorporation Date 19 September 2018
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
  • Registered Address
    H – 360 Ground Floor Block – H Vikas Puri, New Delhi, Delhi, India – 110018
  • Industry
    Metals and Minerals, Metal Manufacturing & Processing
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Financials, compliance, directors, charges, ownership and filings for Axrecycle Private Limited in one report.

Financials from FY 2019 Directors & ownership Charges & compliance

Business Activity of Axrecycle Private Limited

The main business activity of Axrecycle is mining and quarrying. In detail, this covers other mining & quarrying activities.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
BMining and quarryingB4Other Mining & Quarrying ActivitiesLocked
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Business activity turnover details

Turnover share and past changes in activity are in the company report.

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Financials of Axrecycle Private Limited FY 2024 filings available

Axrecycle Private Limited reported revenue of ₹3.92 Cr (down 76% YoY) for FY 2024.

Revenue · FY 2024
₹3.92 Cr ▼ 76%
Net profit · FY 2024
₹2.06 Lakh margin 0.5%
EBITDA · FY 2024
₹1.07 Cr margin 27.4%

Compounded Annual Growth Rate (CAGR) of Axrecycle Private Limited

Revenue CAGR growth
1 year
▼ 76%
3 years · compounded
▼ 25%
EBITDA CAGR growth
1 year
▼ 31%
3 years · compounded
▲ 102%
5 years · compounded
▲ 156%

Revenue has declined at a compounded annual rate (CAGR) of 25% over three years, including a 76% fall in the latest year. EBITDA fell 31% 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 of Axrecycle Private Limited

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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₹1.07 Cr••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)₹2.06 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 Axrecycle Private Limited

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin27.4%••••••••••••••••
Net Profit Margin0.5%••••••••••••••••
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 Axrecycle are in the company report.

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Financial statements from FY 2019

Earlier years and trend charts are in the company report.

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Peer Comparison of Axrecycle Private Limited

Axrecycle Private Limited is compared with the companies closest to it by revenue in the Metals and Minerals industry (Metals). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Novel Sponge Industries Private Limited₹3.95 Cr (FY 2025)••••••••••••Kolkata, West Bengal, India
Irshant Innovations Private Limited₹3.93 Cr (FY 2025)••••••••1.0%••••Rourkela, Odisha, India
Ven-Gree Metal Punch Private Limited₹3.93 Cr (FY 2024)••••••••14.0%••••Bangalore, Karnataka, India
Jobo Metals Private Limited₹3.93 Cr (FY 2025)••••••••-2.0%••••Thrissur, Kerala, India
Rohan Fabricast Private Limited₹3.93 Cr (FY 2024)••••••••102.0%••••Pune, Maharashtra, India
Axrecycle Private Limited this company₹3.92 Cr (FY 2024)••••••••-76.0%••••New Delhi, Delhi, India
Award Metals & Minerals Private Limited₹3.91 Cr (FY 2024)••••••••73.0%••••Hazaribagh, Jharkhand, India
Highway Steel & Metals Private Limited₹3.9 Cr (FY 2024)••••••••-1.0%••••New Delhi, Delhi, India
Shreya Engitech Private Limited₹3.88 Cr (FY 2024)••••••••32.0%••••Nashik, Maharashtra, India
Tethys Innotech Private Limited₹3.88 Cr (FY 2025)••••••••9.0%••••Pune, Maharashtra, India
Shiv Kirpa Gases & Metals Private Limited₹3.87 Cr (FY 2024)••••••••9.0%••••New Delhi, Delhi, India

Peers are the five companies nearest above and the five nearest below Axrecycle by revenue in the Metals and Minerals industry (Metals), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.

Auditor Details of Axrecycle Private Limited

Axrecycle Private Limited is audited by HARVINDER SINGH for the financial year 2023.

NameStatusAppointment DateCessation Date
HARVINDER SINGHLockedLockedLocked
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Board of Directors of Axrecycle Private Limited

Axrecycle has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Pankaj TomarAdditional Director29 Nov 20214 Years 10 MonthsCurrent
Vipin KumarDirector19 Sep 20188 Years 0 MonthsCurrent

Ownership and Shareholding of Axrecycle Private Limited

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Charges & Borrowings of Axrecycle Private Limited

Open charges
₹4.95 Cr
Satisfied charges
None
Breakdown by lending institutions
Others₹4.95 Cr
Latest charge details
DateLenderAmountStatus
28 Sep 2022Others₹3 CrOpen
31 Jul 2021Others₹1.95 CrOpen

Total charge records: 2 View all charges

Employees and EPFO Compliance at Axrecycle Private Limited

Employment history and EPFO contributions of people linked to Axrecycle.

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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 Axrecycle Private Limited

Axrecycle Private Limited has 3 board changes on record since 2018: 2 appointments and 1 cessation. The latest: Chirag Tomar ceased to be Director on 03 Oct 2025.

Ceased
Chirag Tomar ceased to be Director.
AGM
Axrecycle Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Axrecycle Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
Charges
A charge with Others amounted to Rs. 3.00 Cr with Charge ID 100610794 was registered on 28 Sep 2022.
Appointed
Pankaj Tomar was appointed as Additional Director.
Charges
A charge with Others amounted to Rs. 1.95 Cr with Charge ID 100467901 was registered on 31 Jul 2021.
Appointed
Vipin Kumar was appointed as Director.
Incorporation
19 Sep 2018
Axrecycle Private Limited was registered on 19 Sep 2018 with Roc Delhi & aged 8 years 21 days as per MCA records.

Credit Ratings, Litigation & Regulatory Alerts for Axrecycle Private Limited

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MSME Payment Delays by Axrecycle Private Limited

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Subsidiaries & Group Companies of Axrecycle Private Limited

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GST Compliance of Axrecycle Private Limited

Axrecycle has 3 GST registrations: 2 active and 1 cancelled or inactive.

Total GSTINs
3
Active
2
Cancelled / inactive
1
GSTINStateStatusRegistered on
07AARCA3766B1ZMDelhiActive26 Oct 2018
08AARCA3766B1ZKRajasthanActive11 Aug 2021
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MCA Filings & Documents of Axrecycle Private Limited

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Frequently Asked Questions about Axrecycle Private Limited

Axrecycle is an active private limited company based in New Delhi, Delhi, India. The company works in metal manufacturing and processing, within the metals and minerals industry. It was incorporated on 19 September 2018 (8+ years old) and is registered under CIN U74990DL2018PTC338929.

Axrecycle reported revenue of ₹3.92 Cr for FY 2024 (down 76% YoY).

Axrecycle has 2 current directors:

Axrecycle reported a net profit of ₹2.06 Lakh (net margin 0.5%) and EBITDA of ₹1.07 Cr (EBITDA margin 27.4%) for FY 2024, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of Axrecycle is -25% over three years. In the latest year (FY 2024) revenue fell 76%. CAGR is the steady yearly rate that links the first and the last year.

The GSTIN of Axrecycle is 07AARCA3766B1ZM, registered in Delhi. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 08AARCA3766B1ZK (Rajasthan).

The CIN (Corporate Identification Number) of Axrecycle is U74990DL2018PTC338929. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Axrecycle has 4 court cases on record: 3 filed by the company and 1 filed against it. 2 are pending. Most are in the district courts.

Axrecycle was incorporated on 19 September 2018, making it 8+ years old. It is registered with the Registrar of Companies, Delhi.

The peers of Axrecycle by revenue are Novel Sponge Industries Private Limited, Irshant Innovations Private Limited, Ven-Gree Metal Punch Private Limited, Jobo Metals Private Limited, Rohan Fabricast Private Limited and 5 more, all in the Metals and Minerals industry (Metals).

Chirag Tomar ceased to be Director on 03 Oct 2025. Pankaj Tomar was appointed as Additional Director on 29 Nov 2021. Vipin Kumar was appointed as Director on 19 Sep 2018.

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