- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-18-0004233

About Proeco Solutions Private Limited
Data last updated:
Proeco Solutions 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 29 September 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74200MH2018PTC315059. Its GSTIN is 27AAKCP0944K1Z3 (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Pankaj Supadu Bachhav and Amogh Shripad Kabe.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 5 Nav Shilpvani Chs Gauthan Road Irla Vile Parle Opp. Sai Jyothi Chs, Mumbai, Maharashtra, India – 400056.
As per the financials filed for FY 2024, the company reported a revenue of ₹9.56 Cr, a growth of 43% compared to the previous year. For the same year it recorded a net profit of ₹40.28 Lakh (net margin 4.2%) and EBITDA of ₹82.58 Lakh (EBITDA margin 8.6%). Revenue has grown at a compounded annual rate (CAGR) of 179% over three years and 273% over five years.
As per MCA filings, the company has open charges of ₹2.21 Cr on record.
Proeco Solutions Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0004233). For more details, the company can be reached via its website proecoenvironment.com.
Company details
Recognitions & Rankings of Proeco Solutions
Contact details
Proeco Solutions Private Limited's registered office is in Mumbai, Maharashtra. Its website is proecoenvironment.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address5 Nav Shilpvani Chs Gauthan Road Irla Vile Parle Opp. Sai Jyothi Chs, Mumbai, Maharashtra, India – 400056
- IndustryEnvironment, Waste Management & Recycling Solutions
To see the full contact details of Proeco Solutions Private Limited, buy the company report.
- 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
Business activity
The main business activity of Proeco Solutions is water supply; sewerage, waste management and remediation activities. In detail, this covers water collection, treatment and supply.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| E | Water supply; sewerage, waste management and remediation activities | 36 | Water collection, treatment and supply |
To see the full business activity and turnover split of Proeco Solutions Private Limited, buy the company report.
Financials of Proeco Solutions Private Limited
FY 2025 filings availableProeco Solutions Private Limited reported revenue of ₹9.56 Cr (up 43% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 273% over five years, including 43% growth in the latest year. EBITDA rose 143% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹82.58 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹40.28 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.6% | ||||
| Net Profit Margin | 4.2% | ||||
| 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 Proeco Solutions Private Limited, buy the company report.
Board of directors of Proeco Solutions Private Limited
Proeco Solutions has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pankaj Supadu Bachhav Also directs: Proeco Raintech Private Limited | Director | 29 Sep 2018 | 8 Years 1 Months | Current |
| Amogh Shripad Kabe Also directs: Proeco Raintech Private Limited | Director | 29 Sep 2018 | 8 Years 1 Months | Current |
Auditor
Proeco Solutions Private Limited is audited by M G A & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M G A & ASSOCIATES | FY 2021 | 134325W |
Shareholding
The shareholding of Proeco Solutions Private Limited is on record for 2 financial years, the latest being FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Proeco Solutions Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Mar 2023 | 100709539 | Others | ₹2 Cr | Open | |
| 18 Oct 2022 | 100627644 | Others | ₹20.74 Lakh | Open |
To see the full charge records of Proeco Solutions Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Proeco Solutions 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 Proeco Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Proeco Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAKCP0944K1Z3 | Maharashtra | Active | 03 Apr 2019 |
To see the full GST registrations and return filing status of Proeco Solutions Private Limited, buy the company report.
Recent activity
Proeco Solutions Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Amogh Shripad Kabe was appointed as Director on 29 Sep 2018.
Frequently asked questions
Proeco Solutions 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 29 September 2018 (8+ years old) and is registered under CIN U74200MH2018PTC315059.
Proeco Solutions has 2 current directors:
- Pankaj Supadu Bachhav - Director
- Amogh Shripad Kabe - Director
The latest financial statements of Proeco Solutions on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Proeco Solutions is 27AAKCP0944K1Z3, registered in Maharashtra.
The CIN (Corporate Identification Number) of Proeco Solutions is U74200MH2018PTC315059. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Proeco Solutions was incorporated on 29 September 2018, making it 8+ years old. It is registered with the Registrar of Companies, Mumbai.
Amogh Shripad Kabe was appointed as Director on 29 Sep 2018. Pankaj Supadu Bachhav was appointed as Director on 29 Sep 2018.
Yes, Proeco Solutions is registered as a small enterprise under Udyam registration (number: UDYAM-MH-18-0004233).
Proeco Solutions can be reached through the website proecoenvironment.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Proeco Solutions is at 5 Nav Shilpvani Chs Gauthan Road Irla Vile Parle Opp. Sai Jyothi Chs, Mumbai, Maharashtra, India – 400056.

