MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-17-0003859
Evergreen Lithium Recycling Private Limited - environment in Palghar, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹39.68 Cr
▲ 40% YoY
Net profit · FY 2025
₹3.36 Cr
Net margin 8.5%
EBITDA · FY 2025
₹6.63 Cr
EBITDA margin 16.7%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹18.9 Lakh
Issued & subscribed
Open charges
₹12 Cr
Secured borrowings
Company age
7 yrs
Est. 2019
Employees · EPFO
47
Provident fund records
About Evergreen Lithium Recycling Private Limited
Data last updated:
Evergreen Lithium Recycling Private Limited is a private limited company based in Palghar, Maharashtra, India, a subsidiary of Evergreen Recyclekaro (India) Private Limited. It operates in the waste management and recycling solutions segment of the environmental services sector. It was incorporated on 26 November 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U14294MH2019PTC333621. Its GSTIN is 27AAFCE7253H1ZI (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹18.9 Lakh. It is led by directors Rajesh Ramloutan Gupta and Rajiv Bhupendra Sanghvi.
Its last annual general meeting (AGM) was held on 01 November 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Gut No.157/2 Wada – Manor Road Vada Palghar Posheri 421303, Maharashtra, India – 421303.
As per the financials filed for FY 2025, the company reported a revenue of ₹39.68 Cr, a growth of 40% compared to the previous year. For the same year it recorded a net profit of ₹3.36 Cr (net margin 8.5%) and EBITDA of ₹6.63 Cr (EBITDA margin 16.7%).
The company has about 47 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Recyclekaro. As per MCA filings, the company has open charges of ₹12 Cr on record.
Evergreen Lithium Recycling Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-17-0003859). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website recyclekaro.com.
Company details
CIN U14294MH2019PTC333621
Registration Number 333621
Incorporation Date 26 November 2019
ROC Mumbai
Listing Status Unlisted
Company Status Active
Parent Company Evergreen Recyclekaro (India) Private Limited
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-17-0003859
Recognitions & Rankings of Evergreen Lithium Recycling
Contact details
Evergreen Lithium Recycling Private Limited's registered office is in Palghar, Maharashtra. Its website is recyclekaro.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressGut No.157/2 Wada – Manor Road Vada Palghar Posheri 421303, Maharashtra, India – 421303
- IndustryEnvironment, Waste Management & Recycling Solutions
To see the full contact details of Evergreen Lithium Recycling Private Limited, buy the company report.
Comprehensive company report
Evergreen Lithium Recycling Private 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
Evergreen Lithium Recycling operates one associated brand: Recyclekaro. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of e‑waste and battery recycling services | recyclekaro.com |
Business activity
The main business activity of Evergreen Lithium Recycling 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 | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| E | Water supply, sewerage and waste management | E3 | Waste collection, treatment and disposal activities, materials recovery and Other waste management services |
To see the full business activity and turnover split of Evergreen Lithium Recycling Private Limited, buy the company report.
Financials of Evergreen Lithium Recycling Private Limited
FY 2024 filings availableEvergreen Lithium Recycling Private Limited reported revenue of ₹39.68 Cr (up 40% YoY) for FY 2025.
Revenue · FY 2025
₹39.68 Cr ▲ 40%
Net profit · FY 2025
₹3.36 Cr margin 8.5%
EBITDA · FY 2025
₹6.63 Cr margin 16.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 40%
EBITDA CAGR growth
1 year
▲ 57%
3 years · compounded
▲ 489%
Revenue rose 40% in the latest year. EBITDA rose 57% 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 | FY 2020-21 |
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| EBITDA | ₹6.63 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.36 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 16.7% | ||||
| Net Profit Margin | 8.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Evergreen Lithium Recycling Private Limited, buy the company report.
Board of directors of Evergreen Lithium Recycling Private Limited
Evergreen Lithium Recycling has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajesh Ramloutan Gupta Also directs: Evergreen Recyclekaro (India) Limited, Evergreen Metals LLP, Evergreen Vaahan Recycling Private Limited and 2 more | Director | 26 Nov 2019 | 6 Years 11 Months | Current |
| Rajiv Bhupendra Sanghvi | Director | 11 Sep 2025 | 1 Years 2 Months | Current |
Peer comparison
Evergreen Lithium Recycling Private Limited is compared with the 3 companies closest to it by revenue in the Cleantech industry (Recycling and Waste Treatment), with 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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Neuros Intelligent Management System (Nims) India Private Limited | ₹40.77 Cr (FY 2025) | -9.0% | Gurugram, Haryana, India | |||
| Evergreen Lithium Recycling Private Limitedthis company | ₹39.68 Cr (FY 2025) | ₹3.36 Cr | 8.5% | 40.0% | 47 | Palghar, Maharashtra, India |
| Amritsar MSW Limited | ₹39.44 Cr (FY 2022) | 111.0% | New Delhi, Delhi, India | |||
| Mahabull Infra Engineers Private Limited | ₹38.98 Cr (FY 2025) | 60.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Evergreen Lithium Recycling Private Limited, buy the company report.
Auditor
Evergreen Lithium Recycling Private Limited is audited by Naik Mehta and Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Naik Mehta and Co. | FY 2023 | 124529W |
Shareholding
The shareholding of Evergreen Lithium Recycling Private Limited is on record for 3 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Evergreen Lithium Recycling Private Limited, buy the company report.
Charges & borrowings
Open charges
₹12 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Apr 2025 | 101107839 | Others | ₹1 Cr | Open | |
| 16 Dec 2022 | 100687233 | Others | ₹11 Cr | Open |
To see the full charge records of Evergreen Lithium Recycling Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Evergreen Lithium Recycling Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Evergreen Lithium Recycling Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Evergreen Lithium Recycling Private Limited has a workforce of 47 employees on its EPFO records as of Apr 2026, across 1 active EPFO establishment.
Employee count
47
Active EPFO establishments
1
Employee growth
4.4%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 47 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 |
To see the full employee and EPFO history of Evergreen Lithium Recycling Private Limited, buy the company report.
GST
Evergreen Lithium Recycling has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCE7253H1ZI | Maharashtra | Active | 09 Sep 2020 |
| 27AAFCE7253H1DR | Maharashtra | Active | 10 Apr 2025 |
To see the full GST registrations and return filing status of Evergreen Lithium Recycling Private Limited, buy the company report.
Recent activity
Evergreen Lithium Recycling Private Limited has 4 board changes on record since 2019: 3 appointments and 1 cessation. The latest: Manav Rajiv Sanghvi ceased to be Director on 11 Sep 2025.
AGM
Evergreen Lithium Recycling Private Limited last Annual general meeting of members was held on 01 Nov 2025 as per latest MCA records.
Ceased
Manav Rajiv Sanghvi ceased to be Director.
Appointed
Rajiv Bhupendra Sanghvi was appointed as Director.
Charges
A charge with Others amounted to Rs. 100.00 Lakh with Charge ID 101107839 was registered on 25 Apr 2025.
Filing
Evergreen Lithium Recycling Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge with Others of Rs. 1,100.00 Lakh registered on 16 Dec 2022 with Charge ID 100687233 was modified on 31 Oct 2023.
Charges
A charge with Others amounted to Rs. 1,100.00 Lakh with Charge ID 100687233 was registered on 16 Dec 2022.
Appointed
Manav Rajiv Sanghvi was appointed as Director.
Appointed
Rajesh Ramloutan Gupta was appointed as Director.
Incorporation
26 Nov 2019
Evergreen Lithium Recycling Private Limited was registered on 26 Nov 2019 with Roc Mumbai & aged 6 years 11 months as per MCA records.
News
Frequently asked questions
Evergreen Lithium Recycling is an active private limited company based in Palghar, Maharashtra, India. The company works in waste management and recycling solutions, within the environment industry. It was incorporated on 26 November 2019 (7+ years old) and is registered under CIN U14294MH2019PTC333621.
Evergreen Lithium Recycling has 2 current directors:
- Rajesh Ramloutan Gupta - Director
- Rajiv Bhupendra Sanghvi - Director
The latest financial statements of Evergreen Lithium Recycling on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 01 November 2025. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Evergreen Lithium Recycling is 27AAFCE7253H1ZI, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 27AAFCE7253H1DR (Maharashtra).
The CIN (Corporate Identification Number) of Evergreen Lithium Recycling is U14294MH2019PTC333621. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Evergreen Lithium Recycling was incorporated on 26 November 2019, making it 7+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Evergreen Lithium Recycling by revenue are Neuros Intelligent Management System (Nims) India Private Limited, Amritsar MSW Limited, Mahabull Infra Engineers Private Limited, all in the Cleantech industry (Recycling and Waste Treatment), with the same principal business activity (waste collection, treatment and disposal activities, materials recovery and other waste management services).
Manav Rajiv Sanghvi ceased to be Director on 11 Sep 2025. Rajiv Bhupendra Sanghvi was appointed as Director on 11 Sep 2025. Manav Rajiv Sanghvi was appointed as Director on 14 Jul 2021. Evergreen Lithium Recycling has 4 board changes on record in total.
Yes, Evergreen Lithium Recycling is registered as a small enterprise under Udyam registration (number: UDYAM-MH-17-0003859).
Evergreen Lithium Recycling can be reached through the website recyclekaro.com. Its registered office is in Palghar, Maharashtra, India.
The registered office of Evergreen Lithium Recycling is at Gut No.1572 Wada – Manor Road Vada Palghar Posheri 421303, Maharashtra, India – 421303.
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