About Hazargo Industries Private Limited
Data last updated:
Hazargo Industries Private Limited is a private limited company based in Indore, Madhya Pradesh, India. It operates in the waste management and recycling solutions segment of the environmental services sector. It was incorporated on 30 September 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U27101MP2011PTC026850. Its GSTIN is 23AAFCR4918N1Z2 (Madhya Pradesh). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as R.K. Steel and Scrap Suppliers Private Limited. It is led by directors including Yash Khandelwal and Atul Khandelwal.
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 Indore, Madhya Pradesh.
As per the financials filed for FY 2024, the company reported a revenue of ₹17.65 Cr, a growth of 77% compared to the previous year. For the same year it recorded a net profit of ₹6.7 Lakh (net margin 0.4%) and EBITDA of ₹2.58 Cr (EBITDA margin 14.6%). Revenue has grown at a compounded annual rate (CAGR) of 204% over three years.
The company has about 30 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Hazargo. As per MCA filings, the company has open charges of ₹16.63 Cr and satisfied charges of ₹6.25 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website hazargo.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressPlot No.23 Sector B, Sanwer Road Industrial Area, Indore, Madhya Pradesh, India – 452015
- 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 Hazargo Industries Private Limited
The main business activities of Hazargo Industries are manufacturing, water supply, sewerage and waste management and trade. In detail, this covers metal and metal products, waste collection, treatment and disposal activities, materials recovery and other waste management services and retail trading. 3 activity segments are registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | Locked |
| E | Water supply, sewerage and waste management | E3 | Waste collection, treatment and disposal activities, materials recovery and Other waste management services | Locked |
| G | Trade | G2 | Retail Trading | 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 Hazargo Industries Private Limited FY 2025 filings available
Hazargo Industries Private Limited reported revenue of ₹17.65 Cr (up 77% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Hazargo Industries Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 204% over three years, including 77% growth in the latest year. EBITDA rose 33% 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 Hazargo Industries Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹2.58 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹6.7 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 of Hazargo Industries Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 14.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.4% | •••• | •••• | •••• | •••• |
| 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 Hazargo Industries are in the company report.
Financial statements from 2015
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.
Peer Comparison of Hazargo Industries Private Limited
Hazargo Industries Private Limited 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 |
|---|---|---|---|---|---|---|
| City Tuber Dolor Private Limited | ₹17.9 Cr (FY 2025) | •••• | •••• | -7.0% | •••• | Ahmedabad, Gujarat, India |
| SPP Enterprises Private Limited | ₹17.86 Cr (FY 2024) | •••• | •••• | 41.0% | •••• | Sriperumbudur, Tamil Nadu, India |
| Biotic Waste Limited | ₹17.82 Cr (FY 2024) | •••• | •••• | -62.0% | •••• | Gurgaon, Haryana, India |
| Stellarium Ventures Private Limited | ₹17.78 Cr (FY 2025) | •••• | •••• | 641.0% | •••• | Ratan Lal Nagar, Uttar Pradesh, India |
| Greentek Reman Private Limited | ₹17.71 Cr (FY 2024) | •••• | •••• | -23.0% | •••• | New Delhi, Delhi, India |
| Hazargo Industries Private Limited this company | ₹17.65 Cr (FY 2024) | •••• | •••• | 77.0% | •••• | Indore, Madhya Pradesh, India |
| Hulladek Recycling Private Limited | ₹17.63 Cr (FY 2025) | •••• | •••• | 49.0% | •••• | Kolkata, West Bengal, India |
| Greeneffect Waste Management Limited | ₹17.39 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Delhi, India |
| Re-Chakra Waste Management LLP | ₹17.38 Cr (FY 2024) | •••• | •••• | -23.0% | •••• | Faridabad, Haryana, India |
| First Object Agency Private Limited | ₹17.35 Cr (FY 2023) | •••• | •••• | •••• | Guntur, Andhra Pradesh, India | |
| Verdeen Chemicals Private Limited | ₹17.32 Cr (FY 2025) | •••• | •••• | -62.0% | •••• | Hapur, Uttar Pradesh, India |
Peers are the five companies nearest above and the five nearest below Hazargo Industries 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 Hazargo Industries Private Limited
Hazargo Industries Private Limited is audited by N. PARIK & CO. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| N. PARIK & CO. | 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.
Board of Directors of Hazargo Industries Private Limited
Hazargo Industries has 4 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Yash Khandelwal | Director | 15 Jul 2024 | 2 Years 2 Months | Current |
| Atul Khandelwal | Director | 21 Feb 2022 | 4 Years 7 Months | Current |
| Aman Khandelwal | Director | 15 Jul 2024 | 2 Years 2 Months | Current |
| Achal Khandelwal | Director | 15 Jul 2024 | 2 Years 2 Months | Current |
Ownership and Shareholding of Hazargo Industries Private Limited
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 Hazargo Industries Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 Dec 2025 | Indian Overseas Bank | ₹30 Lakh | Open |
| 18 Sep 2024 | Hdfc Bank Limited | ₹15.25 Cr | Open |
| 22 Mar 2024 | Hdfc Bank Limited | ₹9.71 Lakh | Open |
| 24 Nov 2023 | Others | ₹19 Lakh | Open |
| 24 Nov 2023 | Others | ₹19 Lakh | Open |
Total charge records: 8 View all charges
Associated Brands with Hazargo Industries Private Limited
Hazargo Industries operates one associated brand: Hazargo. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides efficient waste disposal and recycling services for environmental sustainability. | hazargo.com |
Employees and EPFO Compliance at Hazargo Industries Private Limited
Hazargo Industries Private Limited has a workforce of 30 employees as of Oct 10, 2025.
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 Hazargo Industries Private Limited
Hazargo Industries Private Limited has 12 board changes on record since 2011: 8 appointments and 4 cessations. The latest: Pramod Khandelwal ceased to be Director on 23 Nov 2024.
14 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Hazargo Industries Private Limited
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 Hazargo Industries Private Limited
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 Hazargo Industries Private Limited
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 Hazargo Industries Private Limited
Hazargo Industries has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AAFCR4918N1Z2 | Madhya Pradesh | Active | 15 Sep 2020 |
| 23AAFCR4918N1DB | Madhya Pradesh | Active | 10 Jan 2025 |
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 Hazargo Industries Private Limited
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 Hazargo Industries Private Limited
Hazargo Industries is an active private limited company based in Indore, Madhya Pradesh, India. The company works in waste management and recycling solutions, within the environment industry. It was incorporated on 30 September 2011 (15+ years old) and is registered under CIN U27101MP2011PTC026850.
Hazargo Industries reported revenue of ₹17.65 Cr for FY 2024 (up 77% YoY).
Hazargo Industries has 4 current directors:
- Yash Khandelwal - Director
- Atul Khandelwal - Director
- Aman Khandelwal - Director
- Achal Khandelwal - Director
Hazargo Industries reported a net profit of ₹6.7 Lakh (net margin 0.4%) and EBITDA of ₹2.58 Cr (EBITDA margin 14.6%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Hazargo Industries is 204% over three years. In the latest year (FY 2024) revenue rose 77%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Hazargo Industries is 23AAFCR4918N1Z2, registered in Madhya Pradesh. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 23AAFCR4918N1DB (Madhya Pradesh).
The CIN (Corporate Identification Number) of Hazargo Industries is U27101MP2011PTC026850. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hazargo Industries was incorporated on 30 September 2011, making it 15+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Hazargo Industries by revenue are City Tuber Dolor Private Limited, SPP Enterprises Private Limited, Biotic Waste Limited, Stellarium Ventures Private Limited, Greentek Reman Private Limited and 5 more, all in the Cleantech industry (Recycling and Waste Treatment).
Pramod Khandelwal ceased to be Director on 23 Nov 2024. Achal Khandelwal was appointed as Director on 15 Jul 2024. Aman Khandelwal was appointed as Director on 15 Jul 2024. Hazargo Industries has 12 board changes on record in total.
Hazargo Industries can be reached through the website hazargo.com. Its registered office is in Indore, Madhya Pradesh, India.