Precycle Ecotech Private Limited
About Precycle Ecotech Private Limited
Data last updated:
Precycle Ecotech Private Limited is a private limited company based in Thane, Maharashtra, India, a subsidiary of Mayflower Exports Private Limited. It operates in the waste management and recycling solutions segment of the environmental services sector. It was incorporated on 05 August 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51900MH2009PTC439635. Its GSTIN is 27AACCH2525G1ZV (Maharashtra). The company holds 4 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Horizon Exim Private Limited. It is led by directors including Rakesh Kumar and Vivek Kumar Teenwal.
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 Sector 3, Thane, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹84.02 Cr, a decline of 34% compared to the previous year. For the same year it recorded a net loss of ₹34.1 Lakh (net margin -0.4%) and EBITDA of -₹30.24 Lakh (EBITDA margin -0.4%). Revenue has grown at a compounded annual rate (CAGR) of 634% over three years and 119% over five years.
Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressUnit No. 201 – 204 Building No. 5 Sector 3, Millennium Business Park Mahape Navi Mumbai, Thane, Maharashtra, India – 400710
- IndustryEnvironment, Waste Management & Recycling Solutions
- 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
- One PDF report, delivered after checkout
Business Activity of Precycle Ecotech Private Limited
The main business activity of Precycle Ecotech is professional, scientific and technical activities. In detail, this covers other professional, scientific and technical activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, scientific and technical activities | 74 | Other professional, scientific and technical activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Precycle Ecotech Private Limited FY 2025 filings available
Precycle Ecotech Private Limited reported revenue of ₹84.02 Cr (down 34% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Precycle Ecotech Private Limited
Revenue fell 34% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 119%. EBITDA fell 31% 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 of Precycle Ecotech Private Limited
| 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 | -₹30.24 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹34.1 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 of Precycle Ecotech Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -0.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -0.4% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Precycle Ecotech are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Precycle Ecotech Private Limited
Precycle Ecotech Private Limited is compared with the companies closest to it by revenue in the Metals and Minerals industry (Materials Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| P.R.Coal Private Limited | ₹84.97 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | Panchkula, Haryana, India |
| S.M.Ramcoal Importers Private Limited | ₹84.67 Cr (FY 2018) | •••• | •••• | 59.0% | •••• | Tuticorin, Tamil Nadu, India |
| Pulkit Holdings Pvt.Ltd. | ₹84.51 Cr (FY 2025) | •••• | •••• | -5.0% | •••• | Kolkata, West Bengal, India |
| Shree Hari Resources Private Limited | ₹84.47 Cr (FY 2025) | •••• | •••• | 59.0% | •••• | Surat, Gujarat, India |
| Meltcrafts Alloys Private Limited | ₹84.24 Cr (FY 2025) | •••• | •••• | •••• | Delhi, India | |
| Precycle Ecotech Private Limited this company | ₹84.02 Cr (FY 2025) | •••• | •••• | -34.0% | •••• | Thane, Maharashtra, India |
| Sawaca Enterprises Limited Listed | ₹83.79 Cr (FY 2025) | •••• | •••• | 1005.0% | •••• | Ahmedabad, Gujarat, India |
| K V Global Private Limited | ₹83.25 Cr (FY 2018) | •••• | •••• | 308.0% | •••• | Delhi, India |
| SK Iron and Steel Private Limited | ₹83.06 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | Bahadurgarh, Haryana, India |
| Little More Engineering Pvt Ltd | ₹82.2 Cr (FY 2025) | •••• | •••• | -9.0% | •••• | Kolkata, West Bengal, India |
| Eastern Polysales Pvt Ltd | ₹81.81 Cr (FY 2025) | •••• | •••• | -34.0% | •••• | Assam, India |
Peers are the five companies nearest above and the five nearest below Precycle Ecotech by revenue in the Metals and Minerals industry (Materials Retail and Distribution), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Precycle Ecotech Private Limited
Precycle Ecotech has 4 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rakesh Kumar | Director | 01 Dec 2021 | 4 Years 10 Months | Current |
| Vivek Kumar Teenwal | Director | 08 Jul 2024 | 2 Years 3 Months | Current |
| Ankit Kumar Dugar | Director | 30 Aug 2025 | 1 Years 1 Months | Current |
| Nanasaheb Popat Telure | Director | 01 Nov 2025 | 0 Years 11 Months | Current |
Charges & Borrowings of Precycle Ecotech Private Limited
Precycle Ecotech Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Precycle Ecotech Private Limited
Precycle Ecotech Private Limited has 1 court case on record: 1 filed by Precycle Ecotech. All case is pending. Status as checked on 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thane, Maharashtra | Civil suit | Filed by the company against an individual | Pending |
Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Precycle Ecotech Private Limited
Employment history and EPFO contributions of people linked to Precycle Ecotech.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
CIN History of Precycle Ecotech Private Limited
Precycle Ecotech has one previous CIN (Corporate Identification Number): U51900KA2009PTC050553. The current CIN is U51900MH2009PTC439635, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51900MH2009PTC439635 | Current |
| U51900KA2009PTC050553 | Previous |
Recent Activity on Precycle Ecotech Private Limited
Precycle Ecotech Private Limited has 10 board changes on record since 2021: 4 appointments and 6 cessations. The latest: Rakesh Kumar ceased to be Director on 15 Dec 2025.
1 earlier event is listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Precycle Ecotech Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Precycle Ecotech Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Precycle Ecotech Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Precycle Ecotech Private Limited
Precycle Ecotech has 4 GST registrations: 3 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCH2525G1ZV | Maharashtra | Active | 29 Aug 2019 |
| 24AACCH2525G1Z1 | Gujarat | Active | 21 Mar 2022 |
| 24AACCH2525G1DA | Gujarat | Active | 08 Nov 2024 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Precycle Ecotech Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Precycle Ecotech Private Limited
Precycle Ecotech is an active private limited company based in Thane, Maharashtra, India. The company works in waste management and recycling solutions, within the environment industry. It was incorporated on 05 August 2009 (17+ years old) and is registered under CIN U51900MH2009PTC439635.
Precycle Ecotech reported revenue of ₹84.02 Cr for FY 2025 (down 34% YoY).
Precycle Ecotech has 4 current directors:
- Rakesh Kumar - Director
- Vivek Kumar Teenwal - Director
- Ankit Kumar Dugar - Director
- Nanasaheb Popat Telure - Director
Precycle Ecotech reported a net loss of ₹34.1 Lakh (net margin -0.4%) and EBITDA of -₹30.24 Lakh (EBITDA margin -0.4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Precycle Ecotech is 634% over three years and 119% over five years. In the latest year (FY 2025) revenue fell 34%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Precycle Ecotech is 27AACCH2525G1ZV, registered in Maharashtra. The company has 4 GST registrations in all, of which 3 are active and 1 is cancelled or inactive. Other active GSTINs include 24AACCH2525G1Z1 (Gujarat), 24AACCH2525G1DA (Gujarat).
The CIN (Corporate Identification Number) of Precycle Ecotech is U51900MH2009PTC439635. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Precycle Ecotech has 1 court case on record: 1 filed by the company. 1 is pending.
Precycle Ecotech was incorporated on 05 August 2009, making it 17+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Precycle Ecotech by revenue are P.R.Coal Private Limited, S.M.Ramcoal Importers Private Limited, Pulkit Holdings Pvt.Ltd, Shree Hari Resources Private Limited, Meltcrafts Alloys Private Limited and 5 more, all in the Metals and Minerals industry (Materials Retail and Distribution).
Rakesh Kumar ceased to be Director on 15 Dec 2025. Nanasaheb Popat Telure was appointed as Director on 01 Nov 2025. Ankit Kumar Dugar ceased to be Additional Director on 28 Sep 2025. Precycle Ecotech has 10 board changes on record in total.