Bengaluru Solid Waste Management Limited
About Bengaluru Solid Waste Management Limited
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Bengaluru Solid Waste Management Limited is a public limited state government company based in Bengaluru, Karnataka, India. It operates in the waste management and recycling solutions segment of the environmental services sector. It was incorporated on 22 May 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U37100KA2021SGC147734. Its GSTIN is 29AAJCB8656M1ZT (Karnataka).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Maheshwar Rao M (Managing Director) and Basavaraju Gopal Krishna.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 30/1 1st And 2nd Floor Uni Building Thimmaiah Road Vasanth Nagar, Bengaluru, Karnataka, India – 560051.
As per the financials filed for FY 2025, the company reported a revenue of ₹9.69 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹45,648 (net margin 0%) and EBITDA of ₹7.47 Lakh (EBITDA margin 0.8%). Revenue has grown at a compounded annual rate (CAGR) of 142% over three years.
Court records list 44 cases involving the company, including 44 filed against it; 21 cases are pending.
Company details
Contact details
Bengaluru Solid Waste Management Limited's registered office is in Bengaluru, Karnataka. Its e-mail address is in the company report.
- Email
- Registered Address30/1 1st And 2nd Floor Uni Building Thimmaiah Road Vasanth Nagar, Bengaluru, Karnataka, India – 560051
- IndustryEnvironment, Waste Management & Recycling Solutions
To see the full contact details of Bengaluru Solid Waste Management 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
Financials of Bengaluru Solid Waste Management Limited
FY 2025 filings availableBengaluru Solid Waste Management Limited reported revenue of ₹9.69 Cr (up 260% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 142% over three years, including 260% growth in the latest year. EBITDA rose 14% 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 |
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| EBITDA | ₹7.47 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹45,648 | |||
| Balance Sheet | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
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| Profitability | ||||
| EBITDA Margin | 0.8% | |||
| Net Profit Margin | 0% | |||
| Return on Equity (ROE) | ||||
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To see the full financial statements and ratios of Bengaluru Solid Waste Management Limited, buy the company report.
Board of directors of Bengaluru Solid Waste Management Limited
Bengaluru Solid Waste Management has 7 current directors and 19 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Basavaraju Gopal Krishna Also directs: Karnataka Handloom Development Corporation Limited, Gulbarga Electricity Supply Company Limited, N G E F Ltd. and 3 more | Nominee Director | 10 Jul 2024 | 2 Years 3 Months | Current |
| Subramanian Poovitha | Nominee Director | 26 Sep 2025 | 1 Years 0 Months | Current |
| Amlan Aditya Biswas | Nominee Director | 28 Dec 2022 | 3 Years 9 Months | Current |
| Maheshwar Rao M | Managing Director | 30 Apr 2025 | 1 Years 5 Months | Current |
| Srinivasulu Also directs: The Mysore Match Company Limited | Nominee Director | 24 Jul 2025 | 1 Years 2 Months | Current |
| Tushar Giri Nath Also directs: Bengaluru Smart Infrastructure Limited, Bengaluru Business Corridor Limited, Bangalore Metro Rail Corporation Limited and 4 more | Nominee Director | 21 May 2022 | 4 Years 5 Months | Current |
Peer comparison
Bengaluru Solid Waste Management Limited is compared with the 10 companies closest to it by revenue in the Cleantech industry (Recycling and Waste Treatment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Quicker P.S.F. Private Limited | ₹9.8 Cr (FY 2025) | 45.0% | Surat, Gujarat, India | |||
| Green Resources Solid Waste Management Private Limited | ₹9.8 Cr (FY 2024) | 4.0% | Bhopal, Madhya Pradesh, India | |||
| Yaal. Global E-Waste Recycling Private Limited | ₹9.78 Cr (FY 2024) | -16.0% | Modinagar, Uttar Pradesh, India | |||
| Pawni Environment & Energy Management Private Limited | ₹9.71 Cr (FY 2024) | 52.0% | Sonipat, Haryana, India | |||
| Uttar Dilli C&D Waste Recycling Private Limited | ₹9.7 Cr (FY 2025) | -39.0% | New Delhi, Delhi, India | |||
| Bengaluru Solid Waste Management Limitedthis company | ₹9.69 Cr (FY 2025) | ₹45,648 | 0% | 260.0% | Bengaluru, Karnataka, India | |
| Samekit Infra Solution Private Limited | ₹9.69 Cr (FY 2025) | -1.0% | Uttam Nagar, New Delhi, Delhi, India | |||
| Maridi Eco Industries Private Limited | ₹9.65 Cr (FY 2018) | 7.0% | Hyderabad, Telangana, India | |||
| Agro Energy Eco Efficient Private Limited | ₹9.59 Cr (FY 2025) | 29.0% | New Delhi, Delhi, India | |||
| Proeco Solutions Private Limited | ₹9.56 Cr (FY 2024) | 43.0% | Mumbai, Maharashtra, India | |||
| Prince Metal Industries Private Limited | ₹9.54 Cr (FY 2024) | -20.0% | Chhatarpur, Madhya Pradesh, India |
To see the full peer comparison of Bengaluru Solid Waste Management Limited, buy the company report.
Auditor
Bengaluru Solid Waste Management Limited is audited by KARUNAKARA SHETTY AND CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KARUNAKARA SHETTY AND CO | FY 2023 | 008474S |
Shareholding
The shareholding of Bengaluru Solid Waste Management Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Bengaluru Solid Waste Management Limited, buy the company report.
Legal cases
Bengaluru Solid Waste Management Limited has 44 court cases on record: 44 filed against it. 21 cases are pending and 23 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 44 | 44 | 21 |
Cases on record (5 of 44)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Writ petition | Filed against the company by M/S. BVG India Ltd., | Pending |
| High Court of Karnataka | Writ petition | Filed against the company by M/S Associated Human Resource Service Pvt Ltd | Disposed |
| High Court of Karnataka | Interim or miscellaneous application | Filed against the company by M/S Re Sustainability Healthcare Solutions Limited | Disposed |
| High Court of Karnataka | Writ petition | Filed against the company | Pending |
| High Court | Writ petition | Filed against the company by an individual | Pending |
To see the full case history of Bengaluru Solid Waste Management 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 Bengaluru Solid Waste Management Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Bengaluru Solid Waste Management Limited has 1 active EPFO establishment as of Oct 24, 2024.
GST
Bengaluru Solid Waste Management has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAJCB8656M1ZT | Karnataka | Active | 27 Aug 2022 |
To see the full GST registrations and return filing status of Bengaluru Solid Waste Management Limited, buy the company report.
Recent activity
Bengaluru Solid Waste Management Limited has 27 board changes on record since 2021: 11 appointments and 16 cessations. The latest: Ramasamy Ramachandran was appointed as Nominee Director on 18 Dec 2025.
18 earlier events are in the company report.
News
Frequently asked questions
Bengaluru Solid Waste Management is an active public limited state government company based in Bengaluru, Karnataka, India. The company works in waste management and recycling solutions, within the environment industry. It was incorporated on 22 May 2021 (5+ years old) and is registered under CIN U37100KA2021SGC147734.
Bengaluru Solid Waste Management has 7 current directors:
- Maheshwar Rao M - Managing Director
- Basavaraju Gopal Krishna - Nominee Director
- Subramanian Poovitha - Nominee Director
- Amlan Aditya Biswas - Nominee Director
- Srinivasulu - Nominee Director
- Tushar Giri Nath - Nominee Director
- Ramasamy Ramachandran - Nominee Director
The latest financial statements of Bengaluru Solid Waste Management on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from FY 2022 are in the company report.
The GSTIN of Bengaluru Solid Waste Management is 29AAJCB8656M1ZT, registered in Karnataka.
The CIN (Corporate Identification Number) of Bengaluru Solid Waste Management is U37100KA2021SGC147734. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bengaluru Solid Waste Management has 44 court cases on record: 44 filed against it. 21 are pending.
Bengaluru Solid Waste Management was incorporated on 22 May 2021, making it 5+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Bengaluru Solid Waste Management by revenue are Quicker P.S.F. Private Limited, Green Resources Solid Waste Management Private Limited, Yaal. Global E-Waste Recycling Private Limited, Pawni Environment & Energy Management Private Limited, Uttar Dilli C&D Waste Recycling Private Limited and 5 more, all in the Cleantech industry (Recycling and Waste Treatment).
Ramasamy Ramachandran was appointed as Nominee Director on 18 Dec 2025. Vikas Kishor Suralkar was appointed as Nominee Director on 17 Oct 2025. Bheemaiah Sharat ceased to be Nominee Director on 26 Sep 2025. Bengaluru Solid Waste Management has 27 board changes on record in total.
The registered office of Bengaluru Solid Waste Management is at 301 1st And 2nd Floor Uni Building Thimmaiah Road Vasanth Nagar, Bengaluru, Karnataka, India – 560051.
Bengaluru Solid Waste Management operates in the environment industry, in the waste management and recycling solutions segment.