
About Divyadhan Recycling Industries Limited
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Divyadhan Recycling Industries Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the advisory services segment of the financial services sector. It was incorporated on 03 May 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L39000MH2010PLC202686. Its GSTIN is 02AADCD4621Q1ZO (Himachal Pradesh). It is a listed company as per MCA records. Its shares are listed on NSE: DIVYADHAN.
The company has an authorised share capital of ₹18.09 Cr and a paid-up capital of ₹14.31 Cr. It is led by directors including Varun Gupta (Managing Director) and Satish Chandra Sharma.
Its last annual general meeting (AGM) was held on 20 September 2024, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 1803 Lodha Supremus Saki Vihar Road Opp. Telephone Exchange Powai, Mumbai, Maharashtra, India – 400072.
As per the financials filed for FY 2026, the company reported a revenue of ₹79.45 Cr, a growth of 34% compared to the previous year. For the same year it recorded a net profit of ₹1.7 Cr (net margin 2.1%) and EBITDA of ₹4.79 Cr (EBITDA margin 6%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years and 14% over five years.
The company has about 70 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Divyadhan. As per MCA filings, the company has open charges of ₹23.38 Cr and satisfied charges of ₹18.82 Cr on record. Court records list 12 cases involving the company, including 12 filed by the company; 5 cases are pending. The company has 1 deal on record (1 ipo); the latest was in September 2024.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website divyadhan.in.
Company details
CIN history
Divyadhan Recycling Industries has 3 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L39000MH2010PLC202686, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L39000MH2010PLC202686 | Current |
| U93000MH2010PTC202686 | Previous |
| U39000MH2010PLC202686 | Previous |
| U39000MH2010PTC202686 | Previous |
Contact details
Divyadhan Recycling Industries Limited's registered office is in Mumbai, Maharashtra.
- Registered Address1803 Lodha Supremus Saki Vihar Road Opp. Telephone Exchange Powai, Mumbai, Maharashtra, India – 400072
- IndustryFinancial Services, Advisory, Financial Brokerage, Consultancy
- 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
Brands
Divyadhan Recycling Industries operates one associated brand: Divyadhan. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Recycled polyester staple fiber is manufactured by Divyadhan. | divyadhan.in |
Business activity
The main business activity of Divyadhan Recycling Industries is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Divyadhan Recycling Industries Limited, buy the company report.
Financials of Divyadhan Recycling Industries Limited
FY 2026 filings availableDivyadhan Recycling Industries Limited reported revenue of ₹79.45 Cr (up 34% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 14% over five years, including 34% growth in the latest year. EBITDA rose 52% 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹79.45 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹4.79 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.7 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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Financial Ratios
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6% | ||||
| Net Profit Margin | 2.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
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| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Divyadhan Recycling Industries Limited, buy the company report.
Board of directors and KMP of Divyadhan Recycling Industries Limited
Divyadhan Recycling Industries Limited currently reports 5 directors and 2 key managerial personnel. 8 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Satish Chandra Sharma Also directs: Atoz Logistics Limited | Director | 08 Feb 2024 | 2 Years 9 Months | Current |
| Priyanka Agarwal Also directs: Nitco Limited, Marvel Limited | Director | 08 Feb 2024 | 2 Years 9 Months | Current |
| Pratik Pramod Gupta Also directs: Associated Textile Industries Private Limited, Proma Industries Limited, Proma Carbons Private Limited and 3 more | Cfo | 23 Jan 2024 | 2 Years 9 Months | Current |
| Varun Gupta Also directs: Santai India Private Limited, Del-Tech Instruments Private Limited, Amama Jewels Private Limited and 1 more | Managing Director | 07 May 2016 | 10 Years 6 Months | Current |
| Niranjan Dev Sarma | Director | 01 Oct 2025 | 1 Years 1 Months | Current |
| Pramod Kumar Gupta | Company Secretary | 15 Dec 2023 | 2 Years 11 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Sep 2021 | 100483978 | Axis Bank Limited | ₹23.38 Cr | Open | |
| 02 Sep 2021 | 100483834 | Axis Bank Limited | ₹6.34 Cr | Satisfied | |
| 26 Sep 2017 | 100128641 | Hdfc Bank Limited | ₹12.49 Cr | Satisfied |
To see the full charge records of Divyadhan Recycling Industries Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Divyadhan Recycling Industries Limited has 1 deal on record (1 ipo); the latest was in September 2024.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2024 | IPO | ₹24.17 Cr | Investors: Public Market Investors |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Divyadhan Recycling Industries Limited has 12 court cases on record: 12 filed by Divyadhan Recycling Industries. 5 cases are pending and 7 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 11 | 0 | 4 |
| District courts | 1 | 0 | 1 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Solan, Himachal Pradesh | Civil suit | Filed by the company against M/S Zems India Porta Cabin | Pending |
| High Court | Interim or miscellaneous application | Filed by the company against The State of HP and Others(Not Applicable) | Pending |
| High Court, HIMACHAL PRADESH | Writ petition | Filed by the company against individuals | Pending |
| High Court, HIMACHAL PRADESH | Interim or miscellaneous application | Filed by the company against an individual | Pending |
| High Court of Himachal Pradesh | Writ petition | Filed by the company against The State of HP and Others | Pending |
To see the full case history of Divyadhan Recycling Industries 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 Divyadhan Recycling Industries Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Divyadhan Recycling Industries has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 02AADCD4621Q1ZO | Himachal Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Divyadhan Recycling Industries Limited, buy the company report.
Recent activity
Divyadhan Recycling Industries Limited has 15 board changes on record since 2013: 7 appointments and 8 cessations. The latest: Niranjan Dev Sarma was appointed as Director on 01 Oct 2025.
14 earlier events are in the company report.
Frequently asked questions
Divyadhan Recycling Industries is an active public limited company based in Mumbai, Maharashtra, India. The company works in advisory, within the financial services industry. It was incorporated on 03 May 2010 (16+ years old) and is registered under CIN L39000MH2010PLC202686. Listed on NSE: DIVYADHAN.
Divyadhan Recycling Industries has 7 current directors and KMP:
- Varun Gupta - Managing Director
- Satish Chandra Sharma - Director
- Priyanka Agarwal - Director
- Niranjan Dev Sarma - Director
- Manoj Kumar - Director
- Pratik Pramod Gupta - Cfo
- Pramod Kumar Gupta - Company Secretary
The latest financial statements of Divyadhan Recycling Industries on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 20 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Divyadhan Recycling Industries is 02AADCD4621Q1ZO, registered in Himachal Pradesh.
The CIN (Corporate Identification Number) of Divyadhan Recycling Industries is L39000MH2010PLC202686. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Divyadhan Recycling Industries is a listed company as per MCA records. Its shares are listed on NSE (symbol: DIVYADHAN).
Divyadhan Recycling Industries has 12 court cases on record: 12 filed by the company. 5 are pending. Most are in the high courts.
Divyadhan Recycling Industries was incorporated on 03 May 2010, making it 16+ years old. It is registered with the Registrar of Companies, Mumbai.
Divyadhan Recycling Industries has 1 deal on record (1 ipo); the latest was in September 2024.
Niranjan Dev Sarma was appointed as Director on 01 Oct 2025. Manoj Kumar ceased to be Additional Director on 03 Jun 2024. Manoj Kumar was appointed as Director on 01 Apr 2024. Divyadhan Recycling Industries has 15 board changes on record in total.

