MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-18-0213522
MTC E-Waste Recycling Private Limited
MTC E-Waste Recycling Private Limited - environment in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹1.23 Cr
▼ 51% YoY
Net loss · FY 2025
₹91.43 Lakh
Net margin -74.5%
EBITDA · FY 2025
₹37.8 Lakh
EBITDA margin 30.8%
Authorised capital
₹4 Cr
Registered with MCA
Paid-up capital
₹4 Cr
Issued & subscribed
Company age
5 yrs
Est. 2021
Employees · EPFO
16
Provident fund records
Directors on board
2
As per MCA filings
About MTC E-Waste Recycling Private Limited
Data last updated:
MTC E-Waste Recycling Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the waste management and recycling solutions segment of the environmental services sector. It was incorporated on 13 October 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U37100MH2021PTC369411. Its GSTIN is 27AAPCM0748P1ZP (Maharashtra). The company holds 4 GST registrations, all of them active.
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹4 Cr. It is led by directors Yash Narendra Mehta and Manoj Maganlal Mehta.
Its last annual general meeting (AGM) was held on 27 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 401 – 404 4th Floor Navkar Commercial Complex Opp. Andheri Court, Mumbai, Maharashtra, India – 400069.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.23 Cr, a decline of 51% compared to the previous year. For the same year it recorded a net loss of ₹91.43 Lakh (net margin -74.5%) and EBITDA of ₹37.8 Lakh (EBITDA margin 30.8%). Revenue has grown at a compounded annual rate (CAGR) of 241% over three years.
The company has about 16 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Exigo Recycling.
MTC E-Waste Recycling Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0213522). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U37100MH2021PTC369411
Registration Number 369411
Incorporation Date 13 October 2021
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 27 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-18-0213522
Recognitions & Rankings of MTC E-Waste Recycling
Contact details
MTC E-Waste Recycling Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address401 – 404 4th Floor Navkar Commercial Complex Opp. Andheri Court, Mumbai, Maharashtra, India – 400069
- IndustryEnvironment, Waste Management & Recycling Solutions
To see the full contact details of MTC E-Waste Recycling Private Limited, buy the company report.
Comprehensive company report
MTC E-Waste 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
MTC E-Waste Recycling operates one associated brand: Exigo Recycling. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides comprehensive e-waste collection, recycling, and management services. | exigorecycling.in |
Business activity
The main business activity of MTC E-Waste Recycling is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of MTC E-Waste Recycling Private Limited, buy the company report.
Financials of MTC E-Waste Recycling Private Limited
FY 2025 filings availableMTC E-Waste Recycling Private Limited reported revenue of ₹1.23 Cr (down 51% YoY) for FY 2025.
Revenue · FY 2025
₹1.23 Cr ▼ 51%
Net loss · FY 2025
₹91.43 Lakh margin -74.5%
EBITDA · FY 2025
₹37.8 Lakh margin 30.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 51%
3 years · compounded
▲ 241%
Revenue fell 51% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 241%. 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 |
|---|---|---|---|---|
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| Total Expenses | ||||
| EBITDA | ₹37.8 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹91.43 Lakh | |||
| Balance Sheet | ||||
| Share Capital | ||||
| Reserves and Surplus | ||||
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| Long-term Borrowings | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 30.8% | |||
| Net Profit Margin | -74.5% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
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To see the full financial statements and ratios of MTC E-Waste Recycling Private Limited, buy the company report.
Board of directors of MTC E-Waste Recycling Private Limited
MTC E-Waste Recycling has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Yash Narendra Mehta Also directs: MTC Business Private Limited, Meta Materials Circular Markets Private Limited, M S Metals and Steels Private Limited and 4 more | Director | 22 Dec 2021 | 4 Years 10 Months | Current |
| Manoj Maganlal Mehta Also directs: Madhuban Horizon LLP, MTC Strategic Alloys Manufacturing Private Limited, Mercure Metals and Alloys Private Limited and 4 more | Director | 13 Oct 2021 | 5 Years 0 Months | Current |
Auditor
MTC E-Waste Recycling Private Limited is audited by A.T. JAIN & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A.T. JAIN & CO | FY 2023 | 103886W |
Shareholding
The shareholding of MTC E-Waste Recycling Private Limited is on record for 4 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 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of MTC E-Waste Recycling Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving MTC E-Waste 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
No delayed payments to MSME suppliers are on our record for MTC E-Waste Recycling Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
MTC E-Waste Recycling Private Limited has a workforce of 16 employees on its EPFO records as of Sep 23, 2025, across 1 active EPFO establishment.
Employee count
16
Active EPFO establishments
1
Employee growth
-5.88%
GST
MTC E-Waste Recycling has 4 GST registrations: 4 active.
Total GSTINs
4
Active
4
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAPCM0748P1ZP | Maharashtra | Active | 11 Nov 2021 |
| 29AAPCM0748P1ZL | Karnataka | Active | 27 Jun 2022 |
| 33AAPCM0748P1ZW | Tamil Nadu | Active | 23 Nov 2022 |
| 33AAPCM0748P1D5 | Tamil Nadu | Active | 07 Nov 2024 |
To see the full GST registrations and return filing status of MTC E-Waste Recycling Private Limited, buy the company report.
Recent activity
MTC E-Waste Recycling Private Limited has 6 board changes on record since 2021: 3 appointments and 3 cessations. The latest: Raman Sharma ceased to be Director on 27 Dec 2024.
AGM
Mtc E-Waste Recycling Private Limited last Annual general meeting of members was held on 27 Sep 2025 as per latest MCA records.
Filing
Mtc E-Waste Recycling Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Ceased
Raman Sharma ceased to be Director.
Ceased
Sachin Kumar ceased to be Additional Director.
Ceased
Yash Narendra Mehta ceased to be Additional Director.
Appointed
Sachin Kumar was appointed as Director.
Appointed
Yash Narendra Mehta was appointed as Director.
Appointed
Manoj Maganlal Mehta was appointed as Director.
Incorporation
13 Oct 2021
Mtc E-Waste Recycling Private Limited was registered on 13 Oct 2021 with Roc Mumbai I & aged 5 years 25 days as per MCA records.
Frequently asked questions
MTC E-Waste Recycling is an active private limited company based in Mumbai, Maharashtra, India. The company works in waste management and recycling solutions, within the environment industry. It was incorporated on 13 October 2021 (5+ years old) and is registered under CIN U37100MH2021PTC369411.
MTC E-Waste Recycling has 2 current directors:
- Yash Narendra Mehta - Director
- Manoj Maganlal Mehta - Director
The latest financial statements of MTC E-Waste Recycling on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 27 September 2025. Year-wise statements from FY 2022 are in the company report.
The GSTIN of MTC E-Waste Recycling is 27AAPCM0748P1ZP, registered in Maharashtra. The company has 4 GST registrations in all, of which 4 are active. Other active GSTINs include 29AAPCM0748P1ZL (Karnataka), 33AAPCM0748P1ZW (Tamil Nadu), 33AAPCM0748P1D5 (Tamil Nadu).
The CIN (Corporate Identification Number) of MTC E-Waste Recycling is U37100MH2021PTC369411. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
MTC E-Waste Recycling was incorporated on 13 October 2021, making it 5+ years old. It is registered with the Registrar of Companies, Mumbai.
Raman Sharma ceased to be Director on 27 Dec 2024. Sachin Kumar ceased to be Additional Director on 28 Oct 2022. Yash Narendra Mehta ceased to be Additional Director on 28 Oct 2022. MTC E-Waste Recycling has 6 board changes on record in total.
Yes, MTC E-Waste Recycling is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-18-0213522).
The registered office of MTC E-Waste Recycling is at 401 – 404 4th Floor Navkar Commercial Complex Opp. Andheri Court, Mumbai, Maharashtra, India – 400069.
MTC E-Waste Recycling operates in the environment industry, in the waste management and recycling solutions segment.
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