MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-PB-17-0003006
Madhav KRG Environmental Solutions Limited - metals and minerals in Patiala, Punjab, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹66.97 Cr
▲ 11% YoY
Net profit · FY 2024
₹4.45 Cr
Net margin 6.7%
EBITDA · FY 2024
₹12.06 Cr
EBITDA margin 18%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹2.2 Cr
Issued & subscribed
Open charges
₹38.42 Cr
Secured borrowings
Company age
7 yrs
Est. 2019
Directors on board
5
As per MCA filings
About Madhav KRG Environmental Solutions Limited
Data last updated:
Madhav KRG Environmental Solutions Limited is a public limited company based in Patiala, Punjab, India, a subsidiary of Madhav Krg Re Cyclers Private Limited. It operates in the metal manufacturing and processing segment of the metals and mining sector. It was incorporated on 25 October 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U37100PB2019PLC050163. Its GSTIN is 03AANCM0311J1ZU (Punjab). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹2.2 Cr. It was formerly known as Madhav Environmental Solutions Private Limited. It is led by directors including Sudhir Goyal and Bharat Bhushan.
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 Village Akalgarh Amloh Bhadson Road Near Toll Plaza, Patiala, Punjab, India – 147203.
As per the financials filed for FY 2024, the company reported a revenue of ₹66.97 Cr, a growth of 11% compared to the previous year. For the same year it recorded a net profit of ₹4.45 Cr (net margin 6.7%) and EBITDA of ₹12.06 Cr (EBITDA margin 18%). Revenue has grown at a compounded annual rate (CAGR) of 901% over three years.
As per MCA filings, the company has open charges of ₹38.42 Cr on record. The company has 1 deal on record (1 rights issue); the latest was in January 2020.
Madhav KRG Environmental Solutions Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-PB-17-0003006). For more details, the company can be reached via its website madhavkrggroup.com.
Company details
CIN U37100PB2019PLC050163
Registration Number 050163
Incorporation Date 25 October 2019
ROC Chandigarh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Madhav Krg Re Cyclers Private Limited
MSME Classification Medium
Udyam Registration UDYAM-PB-17-0003006
Name history
Madhav KRG Environmental Solutions has undergone 2 name changes throughout its history. The company was previously known as Madhav Environmental Solutions Private Limited, and Madhav Krg Environmental Solutions Limited. The current legal name is Madhav Krg Environmental Solutions Limited.
| Company Name | Status |
|---|---|
| Madhav KRG Environmental Solutions Limited | Current |
| Madhav Environmental Solutions Private Limited | Previous |
CIN history
Madhav KRG Environmental Solutions has one previous CIN (Corporate Identification Number): U37100PB2019PTC050163. The current CIN is U37100PB2019PLC050163, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U37100PB2019PLC050163 | Current |
| U37100PB2019PTC050163 | Previous |
Recognitions & Rankings of Madhav KRG Environmental Solutions
Contact details
Madhav KRG Environmental Solutions Limited's registered office is in Patiala, Punjab.
- Social Media
- Registered AddressVillage Akalgarh Amloh Bhadson Road Near Toll Plaza, Patiala, Punjab, India – 147203
- IndustryMetals and Minerals, Metal Manufacturing & Processing, Materials Retail & Distribution
Comprehensive company report
Madhav KRG Environmental Solutions 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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Business activity
The main business activity of Madhav KRG Environmental Solutions 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 Madhav KRG Environmental Solutions Limited, buy the company report.
Financials of Madhav KRG Environmental Solutions Limited
FY 2025 filings availableMadhav KRG Environmental Solutions Limited reported revenue of ₹66.97 Cr (up 11% YoY) for FY 2024.
Revenue · FY 2024
₹66.97 Cr ▲ 11%
Net profit · FY 2024
₹4.45 Cr margin 6.7%
EBITDA · FY 2024
₹12.06 Cr margin 18%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 11%
3 years · compounded
▲ 901%
EBITDA CAGR growth
1 year
▼ 17%
3 years · compounded
▲ 231%
Revenue has grown at a compounded annual rate (CAGR) of 901% over three years, including 11% growth in the latest year. EBITDA fell 17% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹12.06 Cr | ||||
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| Net Profit (PAT) | ₹4.45 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 18% | ||||
| Net Profit Margin | 6.7% | ||||
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To see the full financial statements and ratios of Madhav KRG Environmental Solutions Limited, buy the company report.
Board of directors of Madhav KRG Environmental Solutions Limited
Madhav KRG Environmental Solutions has 5 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sudhir Goyal | Director | 25 Oct 2019 | 7 Years 0 Months | Current |
| Bharat Bhushan | Director | 20 Aug 2025 | 1 Years 2 Months | Current |
| Rahul Goyal | Director | 25 Oct 2019 | 7 Years 0 Months | Current |
| Sanjeev Kumar | Director | 25 Oct 2019 | 7 Years 0 Months | Current |
| Renu Mehta Also directs: Madhav KRG Limited, Madhav KRG HRC Private Limited | Additional Director | 15 Jan 2026 | 0 Years 9 Months | Current |
Charges & borrowings
Open charges
₹38.42 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Dec 2025 | 101212083 | Hdfc Bank Limited | ₹23.25 Lakh | Open | |
| 29 Sep 2020 | 100383130 | Hdfc Bank Limited | ₹38.19 Cr | Open |
To see the full charge records of Madhav KRG Environmental Solutions Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Madhav KRG Environmental Solutions Limited has 1 deal on record (1 rights issue); the latest was in January 2020.
Total deals
1
Rights issue
1
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2020 | Rights issue | ₹2.15 Cr | Investors: Madhav KRG Re Cyclers Private Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Madhav KRG Environmental Solutions 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
No delayed payments to MSME suppliers are on our record for Madhav KRG Environmental Solutions Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Madhav KRG Environmental Solutions has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AANCM0311J1ZU | Punjab | Active | 10 Dec 2019 |
| 27AANCM0311J1ZK | Maharashtra | Active | 08 Dec 2021 |
To see the full GST registrations and return filing status of Madhav KRG Environmental Solutions Limited, buy the company report.
Recent activity
Madhav KRG Environmental Solutions Limited has 6 board changes on record since 2019: 5 appointments and 1 cessation. The latest: Renu Mehta was appointed as Additional Director on 15 Jan 2026.
Appointed
Renu Mehta was appointed as Additional Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.23 Cr with Charge ID 101212083 was registered on 31 Dec 2025.
Charges
A charge with Hdfc Bank Limited of Rs. 38.19 Cr registered on 29 Sep 2020 with Charge ID 100383130 was modified on 09 Nov 2025.
AGM
Madhav Krg Environmental Solutions Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Ceased
Bharat Bhushan ceased to be Additional Director.
Appointed
Bharat Bhushan was appointed as Director.
Filing
Madhav Krg Environmental Solutions Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chandigarh.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 38.19 Cr with Charge ID 100383130 was registered on 29 Sep 2020.
Appointed
Rahul Goyal was appointed as Director.
Appointed
Sanjeev Kumar was appointed as Director.
Appointed
Sudhir Goyal was appointed as Director.
Incorporation
25 Oct 2019
Madhav Krg Environmental Solutions Limited was registered on 25 Oct 2019 with Roc Chandigarh & aged 7 years 8 days as per MCA records.
Frequently asked questions
Madhav KRG Environmental Solutions is an active public limited company based in Patiala, Punjab, India. The company works in metal manufacturing and processing, within the metals and minerals industry. It was incorporated on 25 October 2019 (7+ years old) and is registered under CIN U37100PB2019PLC050163.
Madhav KRG Environmental Solutions has 5 current directors:
- Sudhir Goyal - Director
- Bharat Bhushan - Director
- Rahul Goyal - Director
- Sanjeev Kumar - Director
- Renu Mehta - Additional Director
The latest financial statements of Madhav KRG Environmental Solutions 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 2020 are in the company report.
The GSTIN of Madhav KRG Environmental Solutions is 03AANCM0311J1ZU, registered in Punjab. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 27AANCM0311J1ZK (Maharashtra).
The CIN (Corporate Identification Number) of Madhav KRG Environmental Solutions is U37100PB2019PLC050163. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Madhav KRG Environmental Solutions was incorporated on 25 October 2019, making it 7+ years old. It is registered with the Registrar of Companies, Chandigarh.
Madhav KRG Environmental Solutions has 1 deal on record (1 rights issue); the latest was in January 2020.
Renu Mehta was appointed as Additional Director on 15 Jan 2026. Bharat Bhushan ceased to be Additional Director on 29 Sep 2025. Bharat Bhushan was appointed as Director on 20 Aug 2025. Madhav KRG Environmental Solutions has 6 board changes on record in total.
Yes, Madhav KRG Environmental Solutions is registered as a medium enterprise under Udyam registration (number: UDYAM-PB-17-0003006).
Madhav KRG Environmental Solutions can be reached through the website madhavkrggroup.com. Its registered office is in Patiala, Punjab, India.
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