MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-29-0000949
MTC Recycling Private Limited
MTC Recycling Private Limited - environment in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹30,000
▼ 98% YoY
Net loss · FY 2025
₹11.16 Lakh
Latest filing
EBITDA · FY 2025
-₹84,600
EBITDA margin -282%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Company age
8 yrs
Est. 2018
Employees · EPFO
20
Provident fund records
Directors on board
4
As per MCA filings
About MTC Recycling Private Limited
Data last updated:
MTC Recycling Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of M S Metals And Steels Private Limited. It operates in the waste management and recycling solutions segment of the environmental services sector. It was incorporated on 12 November 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U37100KA2018PTC118417. Its GSTIN is 29AAMCM2244D1ZI (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Sachin Bherumal Rathod and Yash Narendra Mehta.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at #12 Race Course Road Madhava Nagar, Bangalore, Karnataka, India – 560001.
As per the financials filed for FY 2025, the company reported a revenue of ₹30,000, a decline of 98% compared to the previous year. For the same year it recorded a net loss of ₹11.16 Lakh and EBITDA of -₹84,600 (EBITDA margin -282%). Revenue has declined at a compounded annual rate (CAGR) of 93% over three years.
The company has about 20 employees on its provident fund (EPFO) records.
MTC Recycling Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-29-0000949). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U37100KA2018PTC118417
Registration Number 118417
Incorporation Date 12 November 2018
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2025
Date of Balance Sheet 31 March 2025
Parent Company M S Metals And Steels Private Limited
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-KR-29-0000949
Key People
Sachin Bherumal Rathod Director Yash Narendra Mehta Director Somanna Mangalorepet Puttaswamanna Director Recognitions & Rankings of MTC Recycling
Contact details
MTC Recycling Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address#12 Race Course Road Madhava Nagar, Bangalore, Karnataka, India – 560001
- IndustryEnvironment, Waste Management & Recycling Solutions
To see the full contact details of MTC Recycling Private Limited, buy the company report.
Comprehensive company report
MTC 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
Financials of MTC Recycling Private Limited
FY 2025 filings availableMTC Recycling Private Limited reported revenue of ₹30,000 (down 98% YoY) for FY 2025.
Revenue · FY 2025
₹30,000 ▼ 98%
Net loss · FY 2025
₹11.16 Lakh
EBITDA · FY 2025
-₹84,600 margin -282%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 98%
3 years · compounded
▼ 93%
EBITDA CAGR growth
1 year
▼ 106%
3 years · compounded
▼ 27%
5 years · compounded
▲ 2%
Revenue has declined at a compounded annual rate (CAGR) of 93% over three years, including a 98% fall in the latest year. EBITDA fell 106% 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 | -₹84,600 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹11.16 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -282% | ||||
| Net Profit Margin | |||||
| 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 MTC Recycling Private Limited, buy the company report.
Board of directors of MTC Recycling Private Limited
MTC Recycling has 4 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sachin Bherumal Rathod Also directs: MTC Business Private Limited | Director | 12 Nov 2018 | 7 Years 11 Months | Current |
| Yash Narendra Mehta Also directs: M S Metals and Steels Private Limited, MTC Projects Private Limited, MTC Business Private Limited and 4 more | Director | 12 Nov 2018 | 7 Years 11 Months | Current |
| Somanna Mangalorepet Puttaswamanna | Director | 12 Nov 2018 | 7 Years 11 Months | Current |
| Sanjay Maganlal Mehta Also directs: Madhuban Property and Realty LLP, M S Metals and Steels Private Limited, MTC Steel Alloys Private Limited and 4 more | Director | 12 Nov 2018 | 7 Years 11 Months | Current |
Auditor
MTC Recycling Private Limited is audited by SHAH KHANDELWAL JAIN & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHAH KHANDELWAL JAIN & ASSOCIATES | FY 2022 | 142740W |
Shareholding
The shareholding of MTC Recycling Private Limited is on record for 4 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of MTC Recycling Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving MTC 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 Recycling Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
MTC Recycling Private Limited has a workforce of 20 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
20
Active EPFO establishments
1
Employee growth
-20%
GST
MTC Recycling has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAMCM2244D1ZI | Karnataka | Active | 13 Feb 2019 |
To see the full GST registrations and return filing status of MTC Recycling Private Limited, buy the company report.
Recent activity
MTC Recycling Private Limited has 4 board changes on record since 2018: 4 appointments. The latest: Sachin Bherumal Rathod was appointed as Director on 12 Nov 2018.
AGM
Mtc Recycling Private Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Filing
Mtc Recycling Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Appointed
Sachin Bherumal Rathod was appointed as Director.
Appointed
Sanjay Maganlal Mehta was appointed as Director.
Appointed
Somanna Mangalorepet Puttaswamanna was appointed as Director.
Appointed
Yash Narendra Mehta was appointed as Director.
Incorporation
12 Nov 2018
Mtc Recycling Private Limited was registered on 12 Nov 2018 with Roc Bangalore & aged 7 years 11 months as per MCA records.
Frequently asked questions
MTC Recycling is an active private limited company based in Bangalore, Karnataka, India. The company works in waste management and recycling solutions, within the environment industry. It was incorporated on 12 November 2018 (8+ years old) and is registered under CIN U37100KA2018PTC118417.
MTC Recycling has 4 current directors:
- Sachin Bherumal Rathod - Director
- Yash Narendra Mehta - Director
- Somanna Mangalorepet Puttaswamanna - Director
- Sanjay Maganlal Mehta - Director
The latest financial statements of MTC Recycling on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from FY 2019 are in the company report.
The GSTIN of MTC Recycling is 29AAMCM2244D1ZI, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of MTC Recycling is U37100KA2018PTC118417. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
MTC Recycling was incorporated on 12 November 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.
Sachin Bherumal Rathod was appointed as Director on 12 Nov 2018. Sanjay Maganlal Mehta was appointed as Director on 12 Nov 2018. Somanna Mangalorepet Puttaswamanna was appointed as Director on 12 Nov 2018. MTC Recycling has 4 board changes on record in total.
Yes, MTC Recycling is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-29-0000949).
The registered office of MTC Recycling is at #12 Race Course Road Madhava Nagar, Bangalore, Karnataka, India – 560001.
MTC Recycling operates in the environment industry, in the waste management and recycling solutions segment.