
About GPPL Recyclers Limited
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GPPL Recyclers Limited is a public limited company based in Mahbubnagar, Telangana, India. It operates in the graphite manufacturing and processing segment of the metals and mining sector. It was incorporated on 31 December 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U31400TG2013PLC092028. Its GSTIN is 36AAGCG1388L1Z7 (Telangana). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹2.56 Cr. It was formerly known as Gppl Recyclers Private Limited. It is led by directors including Dinesh Agarwal and Vikas Goyal.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at S.Y.No 44 Udityal (V) Macharam Balanagar Mahbubanagar, Mahbubnagar, Telangana, India – 509202.
As per the financials filed for FY 2025, the company reported a revenue of ₹236.01 Cr, a growth of 40% compared to the previous year. For the same year it recorded a net profit of ₹6.23 Cr (net margin 2.6%) and EBITDA of ₹10.88 Cr (EBITDA margin 4.6%). Revenue has grown at a compounded annual rate (CAGR) of 44% over three years and 43% over five years.
The company has about 16 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹16.84 Cr and satisfied charges of ₹7.31 Cr on record. Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending. The company has 9 deals on record (6 secondary share transfers, 2 funding rounds, 1 rights issue), with disclosed funding of ₹1.47 Cr; the latest was in November 2024. The company has 5 MSME Form 1 returns on record between 2019 and 2024, listing 15 overdue payments to 10 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website galaxypigments.com.
Company details
CIN history
GPPL Recyclers has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U31400TG2013PLC092028, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U31400TG2013PLC092028 | Current |
| U31400TG2013PTC092028 | Previous |
| U31400AP2013PTC092028 | Previous |
Contact details
GPPL Recyclers Limited's registered office is in Mahbubnagar, Telangana.
- Registered AddressS.Y.No 44 Udityal (V) Macharam Balanagar Mahbubanagar, Mahbubnagar, Telangana, India – 509202
- IndustryMetals and Minerals, Graphite Manufacturing & Processing
- 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
Business activity
The main business activity of GPPL Recyclers is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of GPPL Recyclers Limited, buy the company report.
Financials of GPPL Recyclers Limited
FY 2025 filings availableGPPL Recyclers Limited reported revenue of ₹236.01 Cr (up 40% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 43% over five years, including 40% growth in the latest year. EBITDA rose 108% 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 | ₹10.88 Cr | ||||
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| Net Profit (PAT) | ₹6.23 Cr | ||||
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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 | 4.6% | ||||
| Net Profit Margin | 2.6% | ||||
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To see the full financial statements and ratios of GPPL Recyclers Limited, buy the company report.
Board of directors of GPPL Recyclers Limited
GPPL Recyclers has 5 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dinesh Agarwal | Director | 01 Jun 2023 | 3 Years 5 Months | Current |
| Vikas Goyal Also directs: Zunax Energy Products LLP | Director | 25 Apr 2016 | 10 Years 6 Months | Current |
| Nilesh Prithani Also directs: Zunax Energy Products LLP | Director | 24 Aug 2017 | 9 Years 2 Months | Current |
| Shubh Mittal | Director | 01 Jun 2023 | 3 Years 5 Months | Current |
| Khushal Bhatia | Director | 31 Jul 2025 | 1 Years 3 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Sep 2020 | 100394704 | Axis Bank Limited | ₹12 Cr | Open | |
| 31 Aug 2018 | 100226159 | Yes Bank Limited | ₹4.84 Cr | Open | |
| 31 May 2023 | 100734240 | Hdfc Bank Limited | ₹12.74 Lakh | Satisfied | |
| 30 Aug 2021 | 100484702 | Others | ₹19.5 Lakh | Satisfied | |
| 15 Jul 2021 | 100470276 | Others | ₹8.7 Lakh | Satisfied |
To see the full charge records of GPPL Recyclers Limited, buy the company report.
Total charge records: 7 View all charges
Deals & funding
GPPL Recyclers Limited has 9 deals on record (6 secondary share transfers, 2 funding rounds, 1 rights issue), with disclosed funding of ₹1.47 Cr; the latest was in November 2024.
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2024 | Rights issue | ₹5 Cr | Investors: Vastupal Management Services LLP , 3 individuals |
| Feb 2024 | Secondary share transfer | Undisclosed | Buyer: Vastupal Management Services LLP , K Seed Ventures LLP Seller: 4 individuals |
| Sep 2021 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Apr 2021 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Sep 2019 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 2 individuals |
To see the full deal history of GPPL Recyclers Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
GPPL Recyclers Limited has 1 court case on record: 1 filed by GPPL Recyclers. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Hyderabad CCC, Telangana | Cheque dishonour complaint | Filed by the company against M/S. Powder Technic, Rep. by Kiranben Goswami | Pending |
To see the full case history of GPPL Recyclers 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
GPPL Recyclers Limited has 5 MSME Form 1 returns on record between 2019 and 2024, listing 15 overdue payments to 10 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 10)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Arhaan Ferrous and Non Ferrous Solutions Private Limited | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of GPPL Recyclers Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
GPPL Recyclers has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAGCG1388L1Z7 | Telangana | Active | 01 Jul 2017 |
| 36AAGCG1388L1DG | Telangana | Active | 07 Nov 2024 |
To see the full GST registrations and return filing status of GPPL Recyclers Limited, buy the company report.
Recent activity
GPPL Recyclers Limited has 14 board changes on record since 2015: 5 appointments and 9 cessations. The latest: Khushal Bhatia ceased to be Additional Director on 29 Sep 2025.
19 earlier events are in the company report.
Frequently asked questions
GPPL Recyclers is an active public limited company based in Mahbubnagar, Telangana, India. The company works in graphite manufacturing and processing, within the metals and minerals industry. It was incorporated on 31 December 2013 (13+ years old) and is registered under CIN U31400TG2013PLC092028.
GPPL Recyclers has 5 current directors:
- Dinesh Agarwal - Director
- Vikas Goyal - Director
- Nilesh Prithani - Director
- Shubh Mittal - Director
- Khushal Bhatia - Director
The latest financial statements of GPPL Recyclers on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of GPPL Recyclers is 36AAGCG1388L1Z7, registered in Telangana. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 36AAGCG1388L1DG (Telangana).
The CIN (Corporate Identification Number) of GPPL Recyclers is U31400TG2013PLC092028. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
GPPL Recyclers has 1 court case on record: 1 filed by the company. 1 is pending.
GPPL Recyclers was incorporated on 31 December 2013, making it 13+ years old. It is registered with the Registrar of Companies, Hyderabad.
GPPL Recyclers has 9 deals on record (6 secondary share transfers, 2 funding rounds, 1 rights issue), with disclosed funding of ₹1.47 Cr; the latest was in November 2024.
Khushal Bhatia ceased to be Additional Director on 29 Sep 2025. Khushal Bhatia was appointed as Director on 31 Jul 2025. Dinesh Agarwal was appointed as Director on 01 Jun 2023. GPPL Recyclers has 14 board changes on record in total.
GPPL Recyclers has 5 MSME Form 1 returns on record between 2019 and 2024, listing 15 overdue payments to 10 micro and small suppliers. The latest return was filed on 30 Apr 2024.
GPPL Recyclers can be reached through the website galaxypigments.com. Its registered office is in Mahbubnagar, Telangana, India.

