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Granutech Recycling Private Limited - environment in Ankleshwar, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹3.94 Cr
▲ 480% YoY
Net profit · FY 2024
₹5.95 Lakh
Net margin 1.5%
EBITDA · FY 2024
₹37.64 Lakh
EBITDA margin 9.6%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹1.65 Cr
Secured borrowings
Company age
5 yrs
Est. 2021
Directors on board
4
As per MCA filings
About Granutech Recycling Private Limited
Data last updated:
Granutech Recycling Private Limited is a private limited company based in Ankleshwar, Gujarat, India, recognised as a startup by DPIIT. It operates in the waste management and recycling solutions segment of the environmental services sector. It was incorporated on 13 April 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U37200GJ2021PTC121990. Its GSTIN is 24AAICG9749H1Z6 (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Rameshbhai Chunilal Patel and Valkesh Rameshbhai Patel.
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 3 Anandvihar Bunglows Near Sardar Park Society GIDC, Ankleshwar, Gujarat, India – 393002.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.94 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹5.95 Lakh (net margin 1.5%) and EBITDA of ₹37.64 Lakh (EBITDA margin 9.6%).
The company is associated with 1 brand: Granutech. As per MCA filings, the company has open charges of ₹1.65 Cr on record.
Granutech Recycling Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-06-0007663). For more details, the company can be reached via its website granutech.in.
Company details
CIN U37200GJ2021PTC121990
Registration Number 121990
Incorporation Date 13 April 2021
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-GJ-06-0007663
Key People
Rameshbhai Chunilal Patel Director Valkesh Rameshbhai Patel Director Taraben Rameshbhai Patel Director Recognitions & Rankings of Granutech Recycling
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-06-0007663
Contact details
Granutech Recycling Private Limited's registered office is in Ankleshwar, Gujarat. Its website is granutech.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address3 Anandvihar Bunglows Near Sardar Park Society GIDC, Ankleshwar, Gujarat, India – 393002
- IndustryEnvironment, Waste Management & Recycling Solutions
To see the full contact details of Granutech Recycling Private Limited, buy the company report.
Comprehensive company report
Granutech 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
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Brands
Granutech Recycling operates one associated brand: Granutech. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides hazardous waste management and recycling services for plastics and materials. | granutech.in |
Business activity
The main business activity of Granutech 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 Granutech Recycling Private Limited, buy the company report.
Financials of Granutech Recycling Private Limited
FY 2025 filings availableGranutech Recycling Private Limited reported revenue of ₹3.94 Cr (up 480% YoY) for FY 2024.
Revenue · FY 2024
₹3.94 Cr ▲ 480%
Net profit · FY 2024
₹5.95 Lakh margin 1.5%
EBITDA · FY 2024
₹37.64 Lakh margin 9.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 480%
EBITDA CAGR growth
1 year
▲ 83%
Revenue rose 480% in the latest year. EBITDA rose 83% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| 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 | ₹37.64 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹5.95 Lakh | ||
| 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 9.6% | ||
| Net Profit Margin | 1.5% | ||
| 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 | |||
To see the full financial statements and ratios of Granutech Recycling Private Limited, buy the company report.
Board of directors of Granutech Recycling Private Limited
Granutech Recycling has 4 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rameshbhai Chunilal Patel | Director | 13 Apr 2021 | 5 Years 7 Months | Current |
| Valkesh Rameshbhai Patel | Director | 13 Apr 2021 | 5 Years 7 Months | Current |
| Taraben Rameshbhai Patel | Director | 13 Apr 2021 | 5 Years 7 Months | Current |
| Nikita Valkesh Patel | Director | 29 Apr 2021 | 5 Years 6 Months | Current |
Peer comparison
Granutech Recycling Private Limited is compared with the 6 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 |
|---|---|---|---|---|---|---|
| Ekam Eco Solutions Private Limited | ₹4.05 Cr (FY 2024) | 44.0% | Kalol, Gujarat, India | |||
| Gunarth Infra Private Limited | ₹3.97 Cr (FY 2025) | -82.0% | Vadodara, Gujarat, India | |||
| Green Recycling Waste Management Private Limited | ₹3.95 Cr (FY 2025) | 173.0% | New Delhi, Delhi, India | |||
| Granutech Recycling Private Limitedthis company | ₹3.94 Cr (FY 2024) | ₹5.95 Lakh | 1.5% | 480.0% | Ankleshwar, Gujarat, India | |
| Hanjer Biotech Energies Private Limited | ₹3.93 Cr (FY 2017) | -12.0% | Mumbai, Maharashtra, India | |||
| Green Wave Recyclers Private Limited | ₹3.91 Cr (FY 2022) | 5048.0% | Chennai, Tamil Nadu, India | |||
| Solar Sewage Basic Infrastructure Private Limited | ₹3.89 Cr (FY 2025) | -55.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Granutech Recycling Private Limited, buy the company report.
Auditor
Granutech Recycling Private Limited is audited by D S Modh & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D S Modh & Co. | FY 2023 | 0133466W |
Shareholding
The shareholding of Granutech Recycling Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Granutech Recycling Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1.65 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Nov 2025 | 101191732 | Others | ₹1.65 Cr | Open |
To see the full charge records of Granutech Recycling Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Granutech 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
Granutech Recycling Private Limited has 2 MSME Form 1 returns on record for the period ending Mar 2023, listing 2 overdue payments to 1 micro and small supplier. 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 (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier |
To see the full MSME payment records of Granutech Recycling Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Granutech Recycling Private Limited has 1 active EPFO establishment as of Nov 12, 2026.
Active EPFO establishments
1
GST
Granutech Recycling has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAICG9749H1Z6 | Gujarat | Active | 09 Jun 2021 |
To see the full GST registrations and return filing status of Granutech Recycling Private Limited, buy the company report.
Recent activity
Granutech Recycling Private Limited has 4 board changes on record since 2021: 4 appointments. The latest: Nikita Valkesh Patel was appointed as Director on 29 Apr 2021.
Charges
A charge with Others of Rs. 165.00 Lakh registered on 25 Nov 2025 with Charge ID 101191732 was modified on 01 Dec 2025.
Charges
A charge with Others amounted to Rs. 165.00 Lakh with Charge ID 101191732 was registered on 25 Nov 2025.
AGM
Granutech Recycling Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Granutech Recycling Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Appointed
Nikita Valkesh Patel was appointed as Director.
Appointed
Rameshbhai Chunilal Patel was appointed as Director.
Appointed
Taraben Rameshbhai Patel was appointed as Director.
Appointed
Valkesh Rameshbhai Patel was appointed as Director.
Incorporation
13 Apr 2021
Granutech Recycling Private Limited was registered on 13 Apr 2021 with Roc Ahmedabad & aged 5 years 7 months as per MCA records.
Frequently asked questions
Granutech Recycling is an active private limited company based in Ankleshwar, Gujarat, India. The company works in waste management and recycling solutions, within the environment industry. It was incorporated on 13 April 2021 (5+ years old) and is registered under CIN U37200GJ2021PTC121990.
Granutech Recycling has 4 current directors:
- Rameshbhai Chunilal Patel - Director
- Valkesh Rameshbhai Patel - Director
- Taraben Rameshbhai Patel - Director
- Nikita Valkesh Patel - Director
The latest financial statements of Granutech Recycling 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 FY 2022 are in the company report.
The GSTIN of Granutech Recycling is 24AAICG9749H1Z6, registered in Gujarat.
The CIN (Corporate Identification Number) of Granutech Recycling is U37200GJ2021PTC121990. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Granutech Recycling was incorporated on 13 April 2021, making it 5+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Granutech Recycling by revenue are Ekam Eco Solutions Private Limited, Gunarth Infra Private Limited, Green Recycling Waste Management Private Limited, Hanjer Biotech Energies Private Limited, Green Wave Recyclers Private Limited and 1 more, 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).
Nikita Valkesh Patel was appointed as Director on 29 Apr 2021. Rameshbhai Chunilal Patel was appointed as Director on 13 Apr 2021. Taraben Rameshbhai Patel was appointed as Director on 13 Apr 2021. Granutech Recycling has 4 board changes on record in total.
Yes, Granutech Recycling is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Granutech Recycling is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-06-0007663).
Granutech Recycling has 2 MSME Form 1 returns on record for the period ending Mar 2023, listing 2 overdue payments to 1 micro and small supplier. The latest return was filed on 28 Aug 2023.
Granutech Recycling can be reached through the website granutech.in. Its registered office is in Ankleshwar, Gujarat, India.
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