Newtech Recycling Private Limited

Newtech Recycling Private Limited - environment in Bangalore, Karnataka, India. Directors, charges & compliance details.
CIN U37100KA2021PTC150119 Incorporated 29 July 2021 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company environment DPIIT Startup MSME · Micro
Data last updated
Revenue · FY 2024
₹4.93 Cr
▼ 41% YoY
Net profit · FY 2024
₹3.53 Lakh
Net margin 0.7%
EBITDA · FY 2024
₹5.31 Lakh
EBITDA margin 1.1%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Company age
5 yrs
Est. 2021
Directors on board
2
As per MCA filings
Brands
1
Associated brands

About Newtech Recycling Private Limited

Data last updated:

Newtech Recycling Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the waste management and recycling solutions segment of the environmental services sector. It was incorporated on 29 July 2021 and has been in existence for over 5 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U37100KA2021PTC150119.

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Fahima Shireen and Mohammed Ilyas Kalyandurga.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Flat No Ff 02 Tristar Tulip No 573/3 1st Stage 3rd Block Hbr Layout, Bangalore, Karnataka, India – 560043.

As per the financials filed for FY 2024, the company reported a revenue of ₹4.93 Cr, a decline of 41% compared to the previous year. For the same year it recorded a net profit of ₹3.53 Lakh (net margin 0.7%) and EBITDA of ₹5.31 Lakh (EBITDA margin 1.1%).

The company is associated with 1 brand: Newtechrecycle.

Newtech Recycling Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0101264). For more details, the company can be reached via its website newtechrecycle.com.

Company details

CIN U37100KA2021PTC150119
Registration Number 150119
Incorporation Date 29 July 2021
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0101264

Recognitions & Rankings of Newtech Recycling

DPIIT recognised startup Government of India
Startup India
MSME (Udyam registered) Ministry of MSME
Category
Micro (2021-22)
Udyam number
UDYAM-KR-03-0101264

Contact details

Newtech Recycling Private Limited's registered office is in Bangalore, Karnataka.

  • Registered Address
    Flat No Ff 02 Tristar Tulip No 573/3 1st Stage 3rd Block Hbr Layout, Bangalore, Karnataka, India – 560043
  • Industry
    Environment, Waste Management & Recycling Solutions
Comprehensive company report
Newtech 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

Newtech Recycling operates one associated brand: Newtechrecycle. Each brand links to its own profile.

BrandDescriptionWebsite
newtechrecycle.com

Business activity

The main business activity of Newtech Recycling is trade. In detail, this covers wholesale trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG1Wholesale Trading

To see the full business activity and turnover split of Newtech Recycling Private Limited, buy the company report.

Financials of Newtech Recycling Private Limited

FY 2024 filings available

Newtech Recycling Private Limited reported revenue of ₹4.93 Cr (down 41% YoY) for FY 2024.

Revenue · FY 2024
₹4.93 Cr ▼ 41%
Net profit · FY 2024
₹3.53 Lakh margin 0.7%
EBITDA · FY 2024
₹5.31 Lakh margin 1.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 41%
EBITDA CAGR growth
1 year
▼ 5%

Revenue fell 41% in the latest year. EBITDA fell 5% in the latest year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2023-24FY 2022-23FY 2021-22
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₹5.31 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹3.53 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

MetricsFY 2023-24FY 2022-23FY 2021-22
Profitability
EBITDA Margin1.1%
Net Profit Margin0.7%
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 Newtech Recycling Private Limited, buy the company report.

Board of directors of Newtech Recycling Private Limited

Newtech Recycling has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Fahima ShireenDirector29 Jul 20215 Years 2 MonthsCurrent
Mohammed Ilyas KalyandurgaDirector29 Jul 20215 Years 2 MonthsCurrent

Peer comparison

Newtech Recycling Private Limited is compared with the 3 companies closest to it by revenue in the Cleantech industry (Recycling and Waste Treatment), with the same principal business activity (wholesale trading), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Enveon Projects Private Limited₹4.98 Cr (FY 2023)2273.0%New Delhi, Delhi, India
Newtech Recycling Private Limitedthis company₹4.93 Cr (FY 2024)₹3.53 Lakh0.7%-41.0%Bangalore, Karnataka, India
Nature Clean Enviro Services Private Limited₹4.91 Cr (FY 2025)-20.0%Ghaziabad, Uttar Pradesh, India
Ig Scrap Private Limited₹4.87 Cr (FY 2020)126.0%Pune, Maharashtra, India

To see the full peer comparison of Newtech Recycling Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Newtech Recycling Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

No GST registration is on our record for Newtech Recycling Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Newtech Recycling Private Limited has 2 board changes on record since 2021: 2 appointments. The latest: Fahima Shireen was appointed as Director on 29 Jul 2021.

AGM
Newtech Recycling Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Newtech Recycling Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Appointed
Fahima Shireen was appointed as Director.
Appointed
Mohammed Ilyas Kalyandurga was appointed as Director.
Incorporation
29 Jul 2021
Newtech Recycling Private Limited was registered on 29 Jul 2021 with Roc Bangalore & aged 5 years 2 months as per MCA records.

Frequently asked questions

Newtech 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 29 July 2021 (5+ years old) and is registered under CIN U37100KA2021PTC150119.

Newtech Recycling has 2 current directors:

The latest financial statements of Newtech Recycling on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2022 are in the company report.

The CIN (Corporate Identification Number) of Newtech Recycling is U37100KA2021PTC150119. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Newtech Recycling was incorporated on 29 July 2021, making it 5+ years old. It is registered with the Registrar of Companies, Bangalore.

The peers of Newtech Recycling by revenue are Enveon Projects Private Limited, Nature Clean Enviro Services Private Limited, Ig Scrap Private Limited, all in the Cleantech industry (Recycling and Waste Treatment), with the same principal business activity (wholesale trading).

Fahima Shireen was appointed as Director on 29 Jul 2021. Mohammed Ilyas Kalyandurga was appointed as Director on 29 Jul 2021.

Yes, Newtech Recycling is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

Yes, Newtech Recycling is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0101264).

Newtech Recycling can be reached through the website newtechrecycle.com. Its registered office is in Bangalore, Karnataka, India.

The registered office of Newtech Recycling is at Flat No Ff 02 Tristar Tulip No 5733 1st Stage 3rd Block Hbr Layout, Bangalore, Karnataka, India – 560043.