Gemini Recycling Foundation
About Gemini Recycling Foundation
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Gemini Recycling Foundation is a private not for profit company based in Navi Mumbai, Maharashtra, India, a subsidiary of Gemcorp Recycling &Technologies P. It operates in the waste management and recycling solutions segment of the environmental services sector. It was incorporated on 18 July 2022.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U85300MH2022NPL386976.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Ashok Kumar and Vikas Chhajer.
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 Plot No.724/A And B Ttc Rabale, Navi Mumbai, Maharashtra, India – 400708.
As per the financials filed for FY 2026, the company reported a revenue of ₹42,956. For the same year it recorded a net loss of ₹65,660 (net margin -152.9%) and EBITDA of -₹65,660 (EBITDA margin -152.9%). Revenue has grown at a compounded annual rate (CAGR) of 45% over three years.
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- Registered AddressPlot No.724/A And B Ttc Rabale, Navi Mumbai, Maharashtra, India – 400708
- IndustryEnvironment, Waste Management & Recycling Solutions
- 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
- One PDF report, delivered after checkout
Business Activity of Gemini Recycling Foundation
The main business activity of Gemini Recycling Foundation 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 | 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 | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Gemini Recycling Foundation FY 2025 filings available
Gemini Recycling Foundation reported revenue of ₹42,956 for FY 2026.
Compounded Annual Growth Rate (CAGR) of Gemini Recycling Foundation
Revenue has grown at a compounded annual rate (CAGR) of 45% over three years. EBITDA fell 67% 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 Gemini Recycling Foundation
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|---|
| 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 | -₹65,660 | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹65,660 | •••• | •••• | •••• |
| 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 Gemini Recycling Foundation
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -152.9% | •••• | •••• | •••• |
| Net Profit Margin | -152.9% | •••• | •••• | •••• |
| 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 Gemini Recycling Foundation are in the company report.
Financial statements from FY 2023
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Gemini Recycling Foundation
Gemini Recycling Foundation has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashok Kumar Also directs: Gemcorp Recycling & Technologies Private Limited | Director | 05 Aug 2024 | 2 Years 2 Months | Current |
| Vikas Chhajer | Additional Director | 22 Apr 2025 | 1 Years 6 Months | Current |
Peer Comparison of Gemini Recycling Foundation
Gemini Recycling Foundation is compared with the companies closest to it by revenue in the Cleantech industry (Recycling and Waste Treatment). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Nin Enviro Private Limited | ₹48,232 (FY 2025) | •••• | •••• | -91.0% | •••• | Kolhapur, Maharashtra, India |
| Nagpur Solid Waste Processing and Management Private Limited | ₹47,940 (FY 2025) | •••• | •••• | •••• | Mumbai, Maharashtra, India | |
| Yeole Brothers Industries Private Limited | ₹46,357 (FY 2024) | •••• | •••• | •••• | Thane, Maharashtra, India | |
| Thakorji Enviro Techno Private Limited | ₹43,387 (FY 2024) | •••• | •••• | 732.0% | •••• | Surat, Gujarat, India |
| Mayur Scrap Recycling Company Private Limited | ₹43,320 (FY 2018) | •••• | •••• | •••• | Mumbai, Maharashtra, India | |
| Gemini Recycling Foundation this company | ₹42,956 (FY 2026) | •••• | •••• | •••• | Navi Mumbai, Maharashtra, India | |
| Raj Clean Energy Private Limited | ₹42,200 (FY 2025) | •••• | •••• | 603.0% | •••• | Pune, Maharashtra, India |
| Renviro Enterprises Private Limited | ₹41,869 (FY 2024) | •••• | •••• | 24.0% | •••• | Hyderabad, Telangana, India |
| Entice Renewable Energy Private Limited | ₹39,916 (FY 2021) | •••• | •••• | •••• | Chennai, Tamil Nadu, India | |
| Ecosol Industries Private Limited | ₹39,554 (FY 2024) | •••• | •••• | -95.0% | •••• | New Delhi, Delhi, India |
| Zero Waste India Management (Up) Private Limited | ₹37,875 (FY 2024) | •••• | •••• | •••• | Ghaziabad, Uttar Pradesh, India |
Peers are the five companies nearest above and the five nearest below Gemini Recycling Foundation by revenue in the Cleantech industry (Recycling and Waste Treatment), 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 Gemini Recycling Foundation
Gemini Recycling Foundation is audited by CJS NANDA ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| CJS NANDA ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Gemini Recycling Foundation
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Gemini Recycling Foundation
Gemini Recycling Foundation does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Gemini Recycling Foundation
Gemini Recycling Foundation has a workforce of 0 employees as of Apr 06, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Gemini Recycling Foundation
Gemini Recycling Foundation has 6 board changes on record since 2023: 2 appointments and 4 cessations. The latest: Navin Kumar Jain ceased to be Director on 23 Apr 2025.
Credit Ratings, Litigation & Regulatory Alerts for Gemini Recycling Foundation
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Gemini Recycling Foundation
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Gemini Recycling Foundation
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Gemini Recycling Foundation
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Gemini Recycling Foundation
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Gemini Recycling Foundation
Gemini Recycling Foundation is an active private not for profit company based in Navi Mumbai, Maharashtra, India. The company works in waste management and recycling solutions, within the environment industry. It was incorporated on 18 July 2022 (4+ years old) and is registered under CIN U85300MH2022NPL386976.
Gemini Recycling Foundation reported revenue of ₹42,956 for FY 2026.
Gemini Recycling Foundation has 2 current directors:
- Ashok Kumar - Director
- Vikas Chhajer - Additional Director
Gemini Recycling Foundation reported a net loss of ₹65,660 (net margin -152.9%) and EBITDA of -₹65,660 (EBITDA margin -152.9%) for FY 2026, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Gemini Recycling Foundation is 45% over three years. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Gemini Recycling Foundation is U85300MH2022NPL386976. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gemini Recycling Foundation was incorporated on 18 July 2022, making it 4+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Gemini Recycling Foundation by revenue are Nin Enviro Private Limited, Nagpur Solid Waste Processing and Management Private Limited, Yeole Brothers Industries Private Limited, Thakorji Enviro Techno Private Limited, Mayur Scrap Recycling Company Private Limited and 5 more, all in the Cleantech industry (Recycling and Waste Treatment).
Navin Kumar Jain ceased to be Director on 23 Apr 2025. Vikas Chhajer was appointed as Additional Director on 22 Apr 2025. Ashok Kumar ceased to be Additional Director on 04 Sep 2024. Gemini Recycling Foundation has 6 board changes on record in total.
The registered office of Gemini Recycling Foundation is at Plot No.724A And B Ttc Rabale, Navi Mumbai, Maharashtra, India – 400708.
Gemini Recycling Foundation has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh.