MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-09-0001932
Parmeshwar Recycling Limited - metals and minerals in Dehgam, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹151.33 Cr
▲ 17% YoY
Net profit · FY 2025
₹2.74 Cr
Net margin 1.8%
EBITDA · FY 2025
₹4.87 Cr
EBITDA margin 3.2%
Authorised capital
₹10 Cr
Registered with MCA
Paid-up capital
₹6.22 Cr
Issued & subscribed
Open charges
₹52.23 Cr
Satisfied ₹14.3 Cr
Company age
8 yrs
Est. 2018
Employees · EPFO
7
Provident fund records
About Parmeshwar Recycling Limited
Data last updated:
Parmeshwar Recycling Limited is a public limited company based in Dehgam, Gujarat, India. It operates in the metal manufacturing and processing segment of the metals and mining sector. It was incorporated on 12 February 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U28999GJ2018PLC100814. Its GSTIN is 24AAJCP6709R1ZP (Gujarat). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹6.22 Cr. It is led by directors including Nikhil Rajendrakumar Shah (Managing Director) and Nikhil Goyal (Whole-Time Director).
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 Dehgam, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹151.33 Cr, a growth of 17% compared to the previous year. For the same year it recorded a net profit of ₹2.74 Cr (net margin 1.8%) and EBITDA of ₹4.87 Cr (EBITDA margin 3.2%). Revenue has grown at a compounded annual rate (CAGR) of 28% over five years.
The company has about 7 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹52.23 Cr and satisfied charges of ₹14.3 Cr on record.
Parmeshwar Recycling Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-09-0001932). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website parmeshwaralloys.com.
Company details
CIN U28999GJ2018PLC100814
Registration Number 100814
Incorporation Date 12 February 2018
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-GJ-09-0001932
CIN history
Parmeshwar Recycling has one previous CIN (Corporate Identification Number): U28999GJ2018PTC100814. The current CIN is U28999GJ2018PLC100814, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U28999GJ2018PLC100814 | Current |
| U28999GJ2018PTC100814 | Previous |
Key People
Nikhil Rajendrakumar Shah Managing Director Nikhil Goyal Whole-Time Director Naina Israni Director Recognitions & Rankings of Parmeshwar Recycling
Contact details
Parmeshwar Recycling Limited's registered office is in Dehgam, Gujarat. Its website is parmeshwaralloys.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressSurvey No. 1393 – 1396, Sampa – Lavad Road Village – Lavad, Dehgam, Gujarat, India – 382305
- IndustryMetals and Minerals, Metal Manufacturing & Processing
To see the full contact details of Parmeshwar Recycling Limited, buy the company report.
Comprehensive company report
Parmeshwar Recycling 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 Parmeshwar 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 Parmeshwar Recycling Limited, buy the company report.
Financials of Parmeshwar Recycling Limited
FY 2025 filings availableParmeshwar Recycling Limited reported revenue of ₹151.33 Cr (up 17% YoY) for FY 2025.
Revenue · FY 2025
₹151.33 Cr ▲ 17%
Net profit · FY 2025
₹2.74 Cr margin 1.8%
EBITDA · FY 2025
₹4.87 Cr margin 3.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 17%
5 years · compounded
▲ 28%
EBITDA CAGR growth
1 year
▲ 121%
5 years · compounded
▲ 21%
Revenue has grown at a compounded annual rate (CAGR) of 28% over five years, including 17% growth in the latest year. EBITDA rose 121% 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 | ₹151.33 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹4.87 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.74 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 | 3.2% | ||||
| Net Profit Margin | 1.8% | ||||
| 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 Parmeshwar Recycling Limited, buy the company report.
Board of directors of Parmeshwar Recycling Limited
Parmeshwar Recycling has 5 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nikhil Goyal | Whole-Time Director | 08 Oct 2020 | 6 Years 1 Months | Current |
| Naina Israni Also directs: Quanto Agroworld Limited, K K Silk Mills Limited | Director | 21 Apr 2025 | 1 Years 6 Months | Current |
| Nikhil Rajendrakumar Shah | Managing Director | 12 Feb 2018 | 8 Years 8 Months | Current |
| Reeptika Barmera Also directs: Armaanya Textiles Limited | Director | 21 Apr 2025 | 1 Years 6 Months | Current |
| Bherulal Chandak | Director | 11 May 2021 | 5 Years 5 Months | Current |
Peer comparison
Parmeshwar Recycling Limited is compared with the 3 companies closest to it by revenue in the Metals and Minerals industry (Materials Retail and Distribution, Metals, Recycling and Waste Treatment), 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 |
|---|---|---|---|---|---|---|
| Kothari Alluminio Private Limited | ₹151.62 Cr (FY 2025) | 43.0% | Bhayander, Thane, Maharashtra, India | |||
| Parmeshwar Recycling Limitedthis company | ₹151.33 Cr (FY 2025) | ₹2.74 Cr | 1.8% | 17.0% | 7 | Dehgam, Gujarat, India |
| Shree Umiya Cutters Private Limited | ₹150.64 Cr (FY 2025) | -11.0% | Vadodara, Gujarat, India | |||
| Mor Alloys Private Limited | ₹150.26 Cr (FY 2025) | -4.0% | Shreeramnagar, Telangana, India |
To see the full peer comparison of Parmeshwar Recycling Limited, buy the company report.
Auditor
Parmeshwar Recycling Limited is audited by Shah & Shah for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Shah & Shah | FY 2025 | 131527W |
Shareholding
The shareholding of Parmeshwar Recycling Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Parmeshwar Recycling Limited, buy the company report.
Charges & borrowings
Open charges
₹52.23 Cr
Satisfied charges
₹14.3 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Aug 2024 | 100966921 | Sidbi | ₹6.5 Cr | Open | |
| 06 Apr 2021 | 100436647 | Axis Bank Limited | ₹18.52 Cr | Open | |
| 28 Jan 2021 | 100420368 | Axis Bank Limited | ₹27.22 Cr | Open | |
| 14 Aug 2018 | 100200705 | State Bank of India | ₹7.15 Cr | Satisfied | |
| 14 Aug 2018 | 100200710 | State Bank of India | ₹7.15 Cr | Satisfied |
To see the full charge records of Parmeshwar Recycling Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
No court or tribunal cases involving Parmeshwar Recycling 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 Parmeshwar Recycling Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Parmeshwar Recycling Limited has a workforce of 7 employees on its EPFO records as of Sep 25, 2025, across 1 active EPFO establishment.
Employee count
7
Active EPFO establishments
1
Employee growth
-30%
GST
Parmeshwar Recycling has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAJCP6709R1ZP | Gujarat | Active | 03 Apr 2018 |
| 24AAJCP6709R1DY | Gujarat | Active | 25 Oct 2024 |
To see the full GST registrations and return filing status of Parmeshwar Recycling Limited, buy the company report.
Recent activity
Parmeshwar Recycling Limited has 12 board changes on record since 2018: 5 appointments and 7 cessations. The latest: Naina Israni ceased to be Additional Director on 24 Apr 2025.
AGM
Parmeshwar Recycling Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Charges
A charge with Axis Bank Limited of Rs. 27.22 Cr registered on 28 Jan 2021 with Charge ID 100420368 was modified on 30 Jul 2025.
Ceased
Naina Israni ceased to be Additional Director.
Appointed
Naina Israni was appointed as Director.
Appointed
Reeptika Barmera was appointed as Director.
Ceased
Nikhil Rajendrakumar Shah ceased to be Director.
Filing
Parmeshwar Recycling Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Ceased
Balkrushn Kailashchanra Shah ceased to be Director.
Charges
A charge with Sidbi amounted to Rs. 6.50 Cr with Charge ID 100966921 was registered on 30 Aug 2024.
Charges
A charge with Axis Bank Limited of Rs. 18.52 Cr registered on 06 Apr 2021 with Charge ID 100436647 was modified on 01 Jul 2024.
Ceased
Suchitkumar Maheshbhai Patel ceased to be Director.
Appointed
Bherulal Chandak was appointed as Director.
14 earlier events are in the company report.
Frequently asked questions
Parmeshwar Recycling is an active public limited company based in Dehgam, Gujarat, India. The company works in metal manufacturing and processing, within the metals and minerals industry. It was incorporated on 12 February 2018 (8+ years old) and is registered under CIN U28999GJ2018PLC100814.
Parmeshwar Recycling has 5 current directors:
- Nikhil Rajendrakumar Shah - Managing Director
- Nikhil Goyal - Whole-Time Director
- Naina Israni - Director
- Reeptika Barmera - Director
- Bherulal Chandak - Director
The latest financial statements of Parmeshwar 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 2018 are in the company report.
The GSTIN of Parmeshwar Recycling is 24AAJCP6709R1ZP, registered in Gujarat. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 24AAJCP6709R1DY (Gujarat).
The CIN (Corporate Identification Number) of Parmeshwar Recycling is U28999GJ2018PLC100814. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Parmeshwar Recycling was incorporated on 12 February 2018, making it 8+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Parmeshwar Recycling by revenue are Kothari Alluminio Private Limited, Shree Umiya Cutters Private Limited, Mor Alloys Private Limited, all in the Metals and Minerals industry (Materials Retail and Distribution, Metals, Recycling and Waste Treatment), with the same principal business activity (metal and metal products).
Naina Israni ceased to be Additional Director on 24 Apr 2025. Naina Israni was appointed as Director on 21 Apr 2025. Reeptika Barmera was appointed as Director on 21 Apr 2025. Parmeshwar Recycling has 12 board changes on record in total.
Yes, Parmeshwar Recycling is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-09-0001932).
Parmeshwar Recycling can be reached through the website parmeshwaralloys.com. Its registered office is in Dehgam, Gujarat, India.
The registered office of Parmeshwar Recycling is at Survey No. 1393 – 1396, Sampa – Lavad Road Village – Lavad, Dehgam, Gujarat, India – 382305.
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