About Gemcorp Recycling & Technologies Private Limited
Data last updated: 05 January 2026
Gemcorp Recycling & Technologies Private Limited is a private limited company based in Navi Mumbai, Maharashtra, India, a subsidiary of Gemini Corporation N. V. and recognised as a startup by DPIIT. It specialises in waste management and recycling solutions, a part of the broader environmental services sector. Incorporated on 29 October 2019, the company has been in operation for over 7 years.
Registered with ROC Mumbai under CIN U27320MH2019PTC332313.
Capital: an authorised share capital of ₹72.5 Cr and a paid-up capital of ₹72.5 Cr. It is led by directors including Ashok Kumar and Vikas Chhajer.
Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: Plot No R 724/A & B Ttc Indusrial Area Rabale, Navi Mumbai, Maharashtra, India – 400701.
As per the financials filed for FY 2025, the company reported a revenue of ₹142.6 Cr, a decline of 26% compared to the previous year.
The company has a workforce of approximately 43 employees as per the latest available data. It operates as a subsidiary of Gemini Corporation N. V.. Its group structure includes 1 subsidiary.
The company is associated with 1 brand - Gemcorp. As per MCA filings, the company has open charges of ₹60 Cr on record.
For more details, the company can be reached via its website gemcorprecycling.com.
-
Email*****@*****.com
-
Telephone+91-****-******
-
Website
-
Social Media
-
Registered AddressPlot No R 724/A & B Ttc Indusrial Area Rabale, Navi Mumbai, Maharashtra, India – 400701
-
IndustryEnvironment, Waste Management & Recycling Solutions
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Associated Brands with Gemcorp Recycling & Technologies Private Limited
Gemcorp Recycling & Technologies Private Limited operates one associated brand: GemCorp. These brands represent Gemcorp Recycling & Technologies Private Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Provides waste recycling, management services, and empowers reclaimers through partnerships. | gemcorprecycling.com |
Competitors & Alternatives of Gemcorp Recycling & Technologies Private Limited
Brands and companies operating in the same space as Gemcorp Recycling & Technologies Private Limited include Republic Services, GFL Environmental, Casella and 5 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
|
|
Integrated waste management services are provided nationwide. | Phoenix, United States, United States | 1998 |
|
|
Solid and liquid waste management services are provided to clients. | Vaughan, Canada, Canada | 2007 |
|
|
Waste management services are provided across the United States. | Rutland, United States, United States | 1975 |
|
|
Solid waste management and recycling services are provided globally. | Grenoble, France, France | 2015 |
|
|
Horizontal integration is employed in recycling operations and services. | Paris, France, France | 1994 |
|
|
Horizontally integrated waste management services are provided across various processes. | Buckingham, United Kingdom, United Kingdom | 1912 |
|
|
Renewi is engaged in waste-to-product solutions and recycling services. | Milton Keynes, United Kingdom, United Kingdom | 1880 |
|
|
Industrial waste management and energy recovery services are provided. | Barcelona, Spain, Spain | 1983 |
Business Activity of Gemcorp Recycling & Technologies Private Limited
Gemcorp Recycling & Technologies Private Limited is engaged in the principal business activity of water supply, sewerage and waste management, with detailed activities including waste collection, treatment and disposal activities, materials recovery and other waste management services.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| E | Water supply, sewerage and waste management | E3 | Waste collection, treatment and disposal activities, materials recovery and Other waste management services | ********* |
Auditor Details of Gemcorp Recycling & Technologies Private Limited
Gemcorp Recycling & Technologies Private Limited is audited by M/S MISHRA KARWA & Co. for the financial year 2024. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| M/S MISHRA KARWA & Co. | blur-value | blur-value | blur-value |
Board of Directors of Gemcorp Recycling & Technologies Private Limited
Gemcorp Recycling & Technologies Private Limited is currently managed by 5 directors, with 11 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
|
Ashok Kumar
Also directs:
Gemini Recycling Foundation
|
Director | 05 Aug 2024 | 1 Years 11 Months | Current |
| Vikas Chhajer | Director | 20 Mar 2023 | 3 Years 3 Months | Current |
| Varsha Girish Purohit | Additional Director | 25 Jul 2025 | 0 Years 11 Months | Current |
| Bikash Kumar Sarawgi | Additional Director | 12 Nov 2025 | 0 Years 8 Months | Current |
Financials of Gemcorp Recycling & Technologies Private Limited FY 2025 filings available
Gemcorp Recycling & Technologies Private Limited reported revenue of ₹142.6 Cr (down 26% YoY) for FY 2025. Profit growth despite declining revenue indicates effective cost management and margin discipline.
| Metrics | ***** | ***** | ***** | ***** | ***** |
|---|---|---|---|---|---|
| Revenue | |||||
| Revenue from Operations | ***** | ***** | ***** | ***** | ***** |
| Revenue Growth % | ***** | ***** | ***** | ***** | ***** |
| Other Income | ***** | ***** | ***** | ***** | ***** |
| Total Revenue | ***** | ***** | ***** | ***** | ***** |
| Expenses | |||||
| Total Expenses | ***** | ***** | ***** | ***** | ***** |
| Raw Material Cost | ***** | ***** | ***** | ***** | ***** |
| Change in Inventory FG | ***** | ***** | ***** | ***** | ***** |
| Change in Inventory WIP | ***** | ***** | ***** | ***** | ***** |
| Purchase of Traded Goods | ***** | ***** | ***** | ***** | ***** |
| Employee Cost | ***** | ***** | ***** | ***** | ***** |
| Managerial Remuneration | ***** | ***** | ***** | ***** | ***** |
| Audit Fees | ***** | ***** | ***** | ***** | ***** |
| Insurance | ***** | ***** | ***** | ***** | ***** |
| Power & Fuel | ***** | ***** | ***** | ***** | ***** |
| Interest | ***** | ***** | ***** | ***** | ***** |
| Depreciation | ***** | ***** | ***** | ***** | ***** |
| Other Expenses | ***** | ***** | ***** | ***** | ***** |
| Profitability | |||||
| EBITDA (Operating Profit) | ***** | ***** | ***** | ***** | ***** |
| Operating Margin % | ***** | ***** | ***** | ***** | ***** |
| Exceptional Items | ***** | ***** | ***** | ***** | ***** |
| Extraordinary Items | ***** | ***** | ***** | ***** | ***** |
| Profit Before Exceptional & Extraordinary Items | ***** | ***** | ***** | ***** | ***** |
| Profit Before Tax | ***** | ***** | ***** | ***** | ***** |
| Tax & Net Profit | |||||
| Tax Expense | ***** | ***** | ***** | ***** | ***** |
| Current Tax | ***** | ***** | ***** | ***** | ***** |
| Deferred Tax | ***** | ***** | ***** | ***** | ***** |
| Profit from Discontinued Operations | ***** | ***** | ***** | ***** | ***** |
| Tax on Discontinued Operations | ***** | ***** | ***** | ***** | ***** |
| Profit | ***** | ***** | ***** | ***** | ***** |
| Net Margin % | ***** | ***** | ***** | ***** | ***** |
| Metrics | ***** | ***** | ***** | ***** | ***** |
|---|---|---|---|---|---|
| Shareholders' Funds | |||||
| Total Shareholders' Funds | ***** | ***** | ***** | ***** | ***** |
| Equity Capital | ***** | ***** | ***** | ***** | ***** |
| Reserves & Surplus | ***** | ***** | ***** | ***** | ***** |
| Money Against Warrants | ***** | ***** | ***** | ***** | ***** |
| Other Equity | ***** | ***** | ***** | ***** | ***** |
| Non-Current Liabilities | |||||
| Total Non-Current Liabilities | ***** | ***** | ***** | ***** | ***** |
| Long-Term Borrowings | ***** | ***** | ***** | ***** | ***** |
| Deferred Tax Liabilities | ***** | ***** | ***** | ***** | ***** |
| Other Non-Current Liabilities | ***** | ***** | ***** | ***** | ***** |
| Long-Term Provisions | ***** | ***** | ***** | ***** | ***** |
| Current Liabilities | |||||
| Total Current Liabilities | ***** | ***** | ***** | ***** | ***** |
| Short-Term Borrowings | ***** | ***** | ***** | ***** | ***** |
| Trade Payables | ***** | ***** | ***** | ***** | ***** |
| Other Current Liabilities | ***** | ***** | ***** | ***** | ***** |
| Short-Term Provisions | ***** | ***** | ***** | ***** | ***** |
| Total Equity & Liabilities | ***** | ***** | ***** | ***** | ***** |
| Non-Current Assets | |||||
| Non-Current Assets | ***** | ***** | ***** | ***** | ***** |
| Tangible Assets | ***** | ***** | ***** | ***** | ***** |
| Intangible Assets | ***** | ***** | ***** | ***** | ***** |
| Capital WIP | ***** | ***** | ***** | ***** | ***** |
| Intangibles Under Dev | ***** | ***** | ***** | ***** | ***** |
| Investments | ***** | ***** | ***** | ***** | ***** |
| Deferred Tax Assets | ***** | ***** | ***** | ***** | ***** |
| LT Loans & Advances | ***** | ***** | ***** | ***** | ***** |
| Other Non-Current Assets | ***** | ***** | ***** | ***** | ***** |
| Current Assets | |||||
| Current Assets | ***** | ***** | ***** | ***** | ***** |
| Current Investments | ***** | ***** | ***** | ***** | ***** |
| Inventories | ***** | ***** | ***** | ***** | ***** |
| Trade Receivables | ***** | ***** | ***** | ***** | ***** |
| Cash & Bank Balance | ***** | ***** | ***** | ***** | ***** |
| ST Loans & Advances | ***** | ***** | ***** | ***** | ***** |
| Other Current Assets | ***** | ***** | ***** | ***** | ***** |
| Total Assets | ***** | ***** | ***** | ***** | ***** |
| Metrics | ***** | ***** | ***** | ***** | ***** |
|---|---|---|---|---|---|
| Cash from Operating Activities (CFO) | |||||
| Profit Before Tax | ***** | ***** | ***** | ***** | ***** |
| Non-Cash Adjustments | ***** | ***** | ***** | ***** | ***** |
| + Interest Expense | ***** | ***** | ***** | ***** | ***** |
| + Depreciation | ***** | ***** | ***** | ***** | ***** |
| +/- Unrealized Forex | ***** | ***** | ***** | ***** | ***** |
| - Dividend Income | ***** | ***** | ***** | ***** | ***** |
| - Interest Income | ***** | ***** | ***** | ***** | ***** |
| +/- Other Non-Cash Items | ***** | ***** | ***** | ***** | ***** |
| Changes in Working Capital | ***** | ***** | ***** | ***** | ***** |
| +/- Inventory | ***** | ***** | ***** | ***** | ***** |
| +/- Debtors | ***** | ***** | ***** | ***** | ***** |
| +/- Creditors | ***** | ***** | ***** | ***** | ***** |
| Reconciliation Adjustments | ***** | ***** | ***** | ***** | ***** |
| Cash Generated from Operations | ***** | ***** | ***** | ***** | ***** |
| Income Taxes Paid | ***** | ***** | ***** | ***** | ***** |
| Net CFO (Cash from Operations) | ***** | ***** | ***** | ***** | ***** |
| Cash from Investing Activities (CFI) | |||||
| Acquisitions & Disposals | ***** | ***** | ***** | ***** | ***** |
| Disposal of Subsidiaries | ***** | ***** | ***** | ***** | ***** |
| Acquisition of Subsidiaries | ***** | ***** | ***** | ***** | ***** |
| Capex | ***** | ***** | ***** | ***** | ***** |
| Purchase of Fixed Assets | ***** | ***** | ***** | ***** | ***** |
| Sale of Fixed Assets | ***** | ***** | ***** | ***** | ***** |
| Other Investing Cash Flows | ***** | ***** | ***** | ***** | ***** |
| Net CFI (Cash from Investing) | ***** | ***** | ***** | ***** | ***** |
| Cash from Financing Activities (CFF) | |||||
| Equity Issuance | ***** | ***** | ***** | ***** | ***** |
| Debt Raised | ***** | ***** | ***** | ***** | ***** |
| Debt Repaid | ***** | ***** | ***** | ***** | ***** |
| Dividends Paid | ***** | ***** | ***** | ***** | ***** |
| Interest Paid | ***** | ***** | ***** | ***** | ***** |
| Net CFF (Cash from Financing) | ***** | ***** | ***** | ***** | ***** |
| Net Cash Position | |||||
| Net Change in Cash (Pre-Forex) | ***** | ***** | ***** | ***** | ***** |
| Closing Cash & Equivalents | ***** | ***** | ***** | ***** | ***** |
| Metrics | ***** | ***** | ***** | ***** | ***** |
|---|---|---|---|---|---|
| Liquidity | |||||
| Current Ratio | ***** | ***** | ***** | ***** | ***** |
| Quick Ratio | ***** | ***** | ***** | ***** | ***** |
| Cash Ratio | ***** | ***** | ***** | ***** | ***** |
| Efficiency | |||||
| Inventory Days | ***** | ***** | ***** | ***** | ***** |
| Debtor Days | ***** | ***** | ***** | ***** | ***** |
| Creditor Days | ***** | ***** | ***** | ***** | ***** |
| Cash Conversion Cycle | ***** | ***** | ***** | ***** | ***** |
| Asset Turnover | ***** | ***** | ***** | ***** | ***** |
| Profitability | |||||
| Net Profit Margin % | ***** | ***** | ***** | ***** | ***** |
| Operating Margin % | ***** | ***** | ***** | ***** | ***** |
| ROE % | ***** | ***** | ***** | ***** | ***** |
| ROCE % | ***** | ***** | ***** | ***** | ***** |
| Net Worth Margin % | ***** | ***** | ***** | ***** | ***** |
| Growth | |||||
| Revenue Growth % | ***** | ***** | ***** | ***** | ***** |
| Leverage | |||||
| Equity Multiplier | ***** | ***** | ***** | ***** | ***** |
| Debt / EBITDA | ***** | ***** | ***** | ***** | ***** |
| Solvency | |||||
| D/E Ratio | ***** | ***** | ***** | ***** | ***** |
| ICR | ***** | ***** | ***** | ***** | ***** |
Consolidated Statements
Income Statement, Balance Sheet, Cash Flow & Ratios available in the full report.
Shareholding Pattern of Gemcorp Recycling & Technologies Private Limited
As of FY 2024, Gemcorp Recycling & Technologies Private Limited's shareholding pattern shows 86.00% by promoters, 14.00% by public shareholders. The promoters hold a majority stake, indicating strong promoter control.
| Year | 2025 |
|---|---|
| Promoters | 33.19% |
| DII | 23.22% |
| FII | 18.28% |
| Public | 22.89% |
| Others | 2.42% |
Group Structure of Gemcorp Recycling & Technologies Private Limited
Gemcorp Recycling & Technologies Private Limited has 1 subsidiary company. This group structure data is as of FY 2024. The corporate group structure reflects Gemcorp Recycling & Technologies Private Limited's business expansion strategy and organizational complexity.
| Company Name | CIN | Shares Held |
|---|---|---|
| Gemini Recycling Foundation | U85300MH2022NPL386976 |
**.**%
|
Showing major subsidiaries. Total: 1.
Charges & Borrowings of Gemcorp Recycling & Technologies Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 02 Mar 2021 | Hdfc Bank Limited | ₹60 Cr | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Gemcorp Recycling & Technologies Private Limited
Gemcorp Recycling & Technologies Private Limited has a workforce of 43 employees as of May 06, 2024.
Employee Count & EPFO Data of Gemcorp Recycling & Technologies Private Limited
Access employee headcount trends, monthly PF payment records, EPFO establishment details, and compliance data.
GST Compliance of Gemcorp Recycling & Technologies Private Limited
GSTIN & GST Filing Data of Gemcorp Recycling & Technologies Private Limited
Access GSTIN registrations, state-wise filing compliance, HSN/SAC codes, and detailed goods & services data.
Credit Ratings, Litigation & Regulatory Alerts for Gemcorp Recycling & Technologies Private Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Gemcorp Recycling & Technologies Private Limited
Access complete credit rating history, litigation records, regulatory alerts, and compliance data.
MSME Payment Delays by Gemcorp Recycling & Technologies Private Limited
MSME Payment Delays by Gemcorp Recycling & Technologies Private Limited
Track payments outstanding to micro and small enterprise vendors, as disclosed in half-yearly MSME-1 returns filed with the MCA.
Subsidiaries & Group Companies of Gemcorp Recycling & Technologies Private Limited
Subsidiaries & Group Companies of Gemcorp Recycling & Technologies Private Limited
See the full corporate group - holding company, subsidiaries, associates and joint ventures of Gemcorp Recycling & Technologies Private Limited with ownership details.
MCA Filings & Documents of Gemcorp Recycling & Technologies Private Limited
MCA Filings & Documents of Gemcorp Recycling & Technologies Private Limited
Download official documents filed with the Ministry of Corporate Affairs - from incorporation papers to the latest annual filings.
Recent Activity on Gemcorp Recycling & Technologies Private Limited
Frequently Asked Questions about Gemcorp Recycling & Technologies Private Limited
Gemcorp Recycling & Technologies Private Limited is an active private limited company in the environment sector based in Navi Mumbai, Maharashtra, India. It was incorporated on 29 October 2019 (7+ years old) and is registered under CIN U27320MH2019PTC332313. The company has 43 employees.
Gemcorp Recycling & Technologies Private Limited reported revenue of ₹142.6 Cr for FY 2025 (down 26.00% YoY).
The current directors of Gemcorp Recycling & Technologies Private Limited are:
- Ashok Kumar
- Vikas Chhajer
- Varsha Girish Purohit
- Bikash Kumar Sarawgi
- Ashishkumar Ashwinkumar Shah
The primary industry of Gemcorp Recycling & Technologies Private Limited is environment. The company specifically operates in waste management and recycling solutions. The company is currently active in this sector.
Yes, Gemcorp Recycling & Technologies Private Limited is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Gemcorp Recycling & Technologies Private Limited can be reached at the registered office: Plot No R 724A & B Ttc Indusrial Area Rabale, Navi Mumbai, Maharashtra, India – 400701, or through the website gemcorprecycling.com.