MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-01-0035039
Metrec Recycling Private Limited
Metrec Recycling Private Limited - metals and minerals in Kathlal, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹256.57 Cr
▲ 18% YoY
Net profit · FY 2025
₹1.39 Cr
Net margin 0.5%
EBITDA · FY 2025
₹6.92 Cr
EBITDA margin 2.7%
Authorised capital
₹1.2 Cr
Registered with MCA
Paid-up capital
₹43.78 Lakh
Issued & subscribed
Open charges
₹68.34 Cr
Satisfied ₹39.05 Cr
Company age
20 yrs
Est. 2006
Employees · EPFO
23
Provident fund records
About Metrec Recycling Private Limited
Data last updated:
Metrec Recycling Private Limited is a private limited company based in Kathlal, Gujarat, India. It operates in the metal manufacturing and processing segment of the metals and mining sector. It was incorporated on 12 April 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U51100GJ2006PTC048121. Its GSTIN is 24AACCV2331G1ZR (Gujarat). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1.2 Cr and a paid-up capital of ₹43.78 Lakh. It was formerly known as Veenita Enterprise Private Limited. It is led by directors Vikaskumar Kailashchandra Kaliya and Rishil Jagdishprasad Kalya.
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 Survey No 434 Mirzapur Village, Ahmedabad To Indore Highway Kathlal Kheda, Gujarat, India – 387630.
As per the financials filed for FY 2025, the company reported a revenue of ₹256.57 Cr, a growth of 18% compared to the previous year. For the same year it recorded a net profit of ₹1.39 Cr (net margin 0.5%) and EBITDA of ₹6.92 Cr (EBITDA margin 2.7%). Revenue has grown at a compounded annual rate (CAGR) of 21% over five years.
The company has about 23 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹68.34 Cr and satisfied charges of ₹39.05 Cr on record. Court records list 4 cases involving the company, including 4 filed by the company.
Metrec Recycling Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0035039). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U51100GJ2006PTC048121
Registration Number 048121
Incorporation Date 12 April 2006
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-GJ-01-0035039
Recognitions & Rankings of Metrec Recycling
Contact details
Metrec Recycling Private Limited's registered office is in Kathlal, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressSurvey No 434 Mirzapur Village, Ahmedabad To Indore Highway Kathlal Kheda, Gujarat, India – 387630
- IndustryMetals and Minerals, Metal Manufacturing & Processing
To see the full contact details of Metrec Recycling Private Limited, buy the company report.
Comprehensive company report
Metrec 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Metrec Recycling is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Metrec Recycling Private Limited, buy the company report.
Financials of Metrec Recycling Private Limited
FY 2025 filings availableMetrec Recycling Private Limited reported revenue of ₹256.57 Cr (up 18% YoY) for FY 2025.
Revenue · FY 2025
₹256.57 Cr ▲ 18%
Net profit · FY 2025
₹1.39 Cr margin 0.5%
EBITDA · FY 2025
₹6.92 Cr margin 2.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 18%
5 years · compounded
▲ 21%
EBITDA CAGR growth
1 year
▲ 63%
3 years · compounded
▲ 23%
5 years · compounded
▲ 24%
Revenue has grown at a compounded annual rate (CAGR) of 21% over five years, including 18% growth in the latest year. EBITDA rose 63% 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 |
|---|---|---|---|---|---|
| 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 | ₹6.92 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.39 Cr | ||||
| 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.7% | ||||
| Net Profit Margin | 0.5% | ||||
| 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 Metrec Recycling Private Limited, buy the company report.
Board of directors of Metrec Recycling Private Limited
Metrec Recycling has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vikaskumar Kailashchandra Kaliya Also directs: Ramdev Mineral LLP | Director | 24 May 2017 | 9 Years 5 Months | Current |
| Rishil Jagdishprasad Kalya | Director | 15 Oct 2021 | 5 Years 0 Months | Current |
Peer comparison
Metrec Recycling Private Limited is compared with the 7 companies closest to it by revenue in the Metals and Minerals industry (Metals), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Leadstone Energy Private Ltd. | ₹263.06 Cr (FY 2025) | -7.0% | Kolkata, West Bengal, India | |||
| Senor Metals Private Limited | ₹261.81 Cr (FY 2025) | 6.0% | Jamnagar, Gujarat, India | |||
| Leebex Metals Private Limited | ₹257.13 Cr (FY 2025) | 42.0% | Bengaluru, Karnataka, India | |||
| Metrec Recycling Private Limitedthis company | ₹256.57 Cr (FY 2025) | ₹1.39 Cr | 0.5% | 18.0% | 23 | Kathlal, Gujarat, India |
| V K Metcast Private Limited | ₹256.45 Cr (FY 2025) | 143.0% | Delhi, India | |||
| Dewas Metal Sections Limited | ₹254.92 Cr (FY 2025) | -24.0% | Dewas, Madhya Pradesh, India | |||
| Malabar Extrusions Private Limited | ₹254.59 Cr (FY 2025) | -20.0% | Ernakulam, Kerala, India | |||
| Translloy India Private Limited | ₹253.68 Cr (FY 2025) | 14.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Metrec Recycling Private Limited, buy the company report.
Auditor
Metrec Recycling Private Limited is audited by MAR & CO for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MAR & CO | FY 2025 | 138633W |
Shareholding
The shareholding of Metrec Recycling Private Limited is on record for 5 financial years, the latest being FY 2025, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Metrec Recycling Private Limited, buy the company report.
Charges & borrowings
Open charges
₹68.34 Cr
Satisfied charges
₹39.05 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Dec 2025 | 101198481 | Hdfc Bank Limited | ₹15 Cr | Open | |
| 30 Sep 2025 | 101165721 | Canara Bank | ₹20 Cr | Open | |
| 18 Sep 2023 | 100793619 | Standard Chartered Bank | ₹7.25 Cr | Open | |
| 04 Dec 2020 | 100393681 | Standard Chartered Bank | ₹5.05 Cr | Open | |
| 26 Oct 2017 | 100151382 | Standard Chartered Bank | ₹21.05 Cr | Open |
To see the full charge records of Metrec Recycling Private Limited, buy the company report.
Total charge records: 10 View all charges
Legal cases
Metrec Recycling Private Limited has 4 court cases on record: 4 filed by Metrec Recycling. All cases are disposed.
Total cases
4
Filed by the company
4
Disposed
4
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 0 |
| High courts | 2 | 0 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Court case (TAXAP) | Filed by the company against an individual | Disposed |
| High Court, GUJARAT | Special civil application | Filed by the company against Chairman , Central Board of Direct Taxes and 1 other | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against M/S Sampat Alluminium Pvt Ltd and 2 others | Disposed |
| District court, Ahmedabad, Gujarat | Court case (CR EN) | Filed by the company against M/S Sampat Alluminium Pvt Ltd and 3 others | Disposed |
To see the full case history of Metrec Recycling Private 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
No delayed payments to MSME suppliers are on our record for Metrec Recycling Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Metrec Recycling Private Limited has a workforce of 23 employees on its EPFO records as of Oct 16, 2025, across 1 active EPFO establishment.
Employee count
23
Active EPFO establishments
1
GST
Metrec Recycling has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCV2331G1ZR | Gujarat | Active | 01 Jul 2017 |
| 24AACCV2331G1D0 | Gujarat | Active | 09 Nov 2024 |
To see the full GST registrations and return filing status of Metrec Recycling Private Limited, buy the company report.
Recent activity
Metrec Recycling Private Limited has 6 board changes on record since 2006: 4 appointments and 2 cessations. The latest: Mahendra Bhanwarlal Rajpurohit ceased to be Director on 15 Oct 2021.
Charges
A charge registered on 17 Jun 2011 via Charge ID 10299136 with Axis Bank Limited was fully satisfied on 22 Jan 2026.
Charges
A charge registered on 27 Mar 2010 via Charge ID 10212039 with Axis Bank Limited was fully satisfied on 22 Jan 2026.
Charges
A charge registered on 24 Feb 2021 via Charge ID 100439029 with Axis Bank Limited was fully satisfied on 21 Jan 2026.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 15.00 Cr with Charge ID 101198481 was registered on 04 Dec 2025.
AGM
Metrec Recycling Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Canara Bank amounted to Rs. 20.00 Cr with Charge ID 101165721 was registered on 30 Sep 2025.
Charges
A charge registered on 07 Aug 2018 via Charge ID 100210234 with Tata Capital Financial Services Limited was fully satisfied on 25 Sep 2025.
Filing
Metrec Recycling Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Standard Chartered Bank of Rs. 21.05 Cr registered on 26 Oct 2017 with Charge ID 100151382 was modified on 02 Feb 2024.
Charges
A charge with Standard Chartered Bank amounted to Rs. 7.25 Cr with Charge ID 100793619 was registered on 18 Sep 2023.
Charges
A charge with Axis Bank Limited of Rs. 5.00 Cr registered on 24 Feb 2021 with Charge ID 100439029 was modified on 13 Jul 2022.
Charges
A charge with Standard Chartered Bank of Rs. 5.05 Cr registered on 04 Dec 2020 with Charge ID 100393681 was modified on 15 Mar 2022.
17 earlier events are in the company report.
Frequently asked questions
Metrec Recycling is an active private limited company based in Kathlal, Gujarat, India. The company works in metal manufacturing and processing, within the metals and minerals industry. It was incorporated on 12 April 2006 (20+ years old) and is registered under CIN U51100GJ2006PTC048121.
Metrec Recycling has 2 current directors:
- Vikaskumar Kailashchandra Kaliya - Director
- Rishil Jagdishprasad Kalya - Director
The latest financial statements of Metrec 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 2015 are in the company report.
The GSTIN of Metrec Recycling is 24AACCV2331G1ZR, registered in Gujarat. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 24AACCV2331G1D0 (Gujarat).
The CIN (Corporate Identification Number) of Metrec Recycling is U51100GJ2006PTC048121. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Metrec Recycling has 4 court cases on record: 4 filed by the company. Most are in the district courts.
Metrec Recycling was incorporated on 12 April 2006, making it 20+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Metrec Recycling by revenue are Leadstone Energy Private Ltd, Senor Metals Private Limited, Leebex Metals Private Limited, V K Metcast Private Limited, Dewas Metal Sections Limited and 2 more, all in the Metals and Minerals industry (Metals), with the same principal business activity (metal and metal products).
Mahendra Bhanwarlal Rajpurohit ceased to be Director on 15 Oct 2021. Rishil Jagdishprasad Kalya was appointed as Director on 15 Oct 2021. Kailashchandra Bansilal Kalya ceased to be Director on 19 Jun 2017. Metrec Recycling has 6 board changes on record in total.
Yes, Metrec Recycling is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-01-0035039).
The registered office of Metrec Recycling is at Survey No 434 Mirzapur Village, Ahmedabad To Indore Highway Kathlal Kheda, Gujarat, India – 387630.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
Swiggy Limited Listed company · 92 pages
BharatPe (Resilient Innovations Pvt Ltd) Unlisted company · 78 pages