Recharge Express Private Limited

Recharge Express Private Limited - telecom in Aurangabad, Maharashtra, India. FY 2026 financials & compliance.
CIN U52190MH2013PTC249571 Incorporated 24 October 2013 ROC Mumbai HQ Aurangabad, Maharashtra, India
Active Private Limited Company telecom
Data last updated
Revenue · FY 2017
₹3,570.09 Cr
▼ 4% YoY
Net loss · FY 2017
₹47.42 Cr
Net margin -1.3%
EBITDA · FY 2017
₹47.8 Lakh
EBITDA margin 0%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹550 Cr
Secured borrowings
Company age
13 yrs
Est. 2013
Employees · EPFO
24
Provident fund records

About Recharge Express Private Limited

Data last updated:

Recharge Express Private Limited is a private limited company based in Aurangabad, Maharashtra, India. It operates in the telecom service providers segment of the telecommunications sector. It was incorporated on 24 October 2013 and has been in existence for over 13 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U52190MH2013PTC249571. Its GSTIN is 29AAHCR0103R1Z3 (Karnataka). The company holds 10 GST registrations, all of them active.

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Recon Properties Private Limited. It is led by directors Kavishwar Bhaurao Patil and Sunil Madhukar Deshpande.

Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at Gut No. 350 Beed Road Village Bhalgaon Dist. – Aurangabad, Maharashtra, India – 431201.

As per the financials filed for FY 2017, the company reported a revenue of ₹3,570.09 Cr, a decline of 4% compared to the previous year. For the same year it recorded a net loss of ₹47.42 Cr (net margin -1.3%) and EBITDA of ₹47.8 Lakh (EBITDA margin 0%).

The company has about 24 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹550 Cr on record. Court records list 3 cases involving the company, including 2 filed by the company. The company has 1 deal on record (1 secondary share transfer); the latest was in September 2014. Its 10 peer companies in the Telecom industry (Telecom Service Providers) are compared by revenue, 5 larger and 5 smaller; the largest is Bharat Sanchar Nigam Limited with revenue of ₹23,446 Cr.

The current compliance status is marked as active non-compliant by the Registrar of Companies.

Company Details of Recharge Express Private Limited
CIN U52190MH2013PTC249571
Registration Number 249571
Incorporation Date 24 October 2013
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2017
Date of Balance Sheet 31 March 2017
Compliance Status Active Non-Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    Locked
  • Social Media
    Locked
  • Registered Address
    Gut No. 350 Beed Road Village Bhalgaon Dist. – Aurangabad, Maharashtra, India – 431201
  • Industry
    Telecom, Telecom Service Providers
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Financials, compliance, directors, charges, ownership and filings for Recharge Express Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Business Activity of Recharge Express Private Limited

The main business activity of Recharge Express is information and communication. In detail, this covers other information & communication service activities.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
JInformation and communicationJ8Other information & communication service activitiesLocked
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Turnover share and past changes in activity are in the company report.

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Financials of Recharge Express Private Limited FY 2017 filings available

Recharge Express Private Limited reported revenue of ₹3,570.09 Cr (down 4% YoY) for FY 2017.

Revenue · FY 2017
₹3,570.09 Cr ▼ 4%
Net loss · FY 2017
₹47.42 Cr margin -1.3%
EBITDA · FY 2017
₹47.8 Lakh margin 0%

Compounded Annual Growth Rate (CAGR) of Recharge Express Private Limited

Revenue CAGR growth
1 year
▼ 4%
EBITDA CAGR growth
1 year
▼ 89%

Revenue fell 4% in the latest year. EBITDA fell 89% in the latest year. All are worked out from the filed statements.

Financial Statement Summary of Recharge Express Private Limited

MetricsFY 2016-17FY 2015-16FY 2014-15
Profit and Loss Statement
Revenue from Operations₹3,570.09 Cr••••••••
Other Income••••••••••••
Total Revenue••••••••••••
Cost of Materials Consumed••••••••••••
Employee Benefit Expense••••••••••••
Finance Costs••••••••••••
Depreciation and Amortisation••••••••••••
Other Expenses••••••••••••
Total Expenses••••••••••••
EBITDA₹47.8 Lakh••••••••
Profit Before Tax••••••••••••
Tax Expense••••••••••••
Net Profit (PAT)-₹47.42 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 of Recharge Express Private Limited

MetricsFY 2016-17FY 2015-16FY 2014-15
Profitability
EBITDA Margin0%••••••••
Net Profit Margin-1.3%••••••••
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 Recharge Express are in the company report.

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Financial statements from 2015

Earlier years and trend charts are in the company report.

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Peer Comparison of Recharge Express Private Limited

Recharge Express Private Limited is compared with the companies closest to it by revenue in the Telecom industry (Telecom Service Providers). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Bharat Sanchar Nigam Limited₹23,446 Cr (FY 2025)••••••••10.0%••••New Delhi, Delhi, India
Tata Communications Limited Listed₹21,049 Cr (FY 2024)••••••••16.0%••••Mumbai, Maharashtra, India
Aircel Limited₹11,469 Cr (FY 2017)••••••••-1.0%••••Mumbai, Maharashtra, India
Telenor (India) Communications Private Limited₹4,794.6 Cr (FY 2017)••••••••5.0%••••New Delhi, Delhi, India
Tata Teleservices Limited₹3,709.62 Cr (FY 2025)••••••••11.0%••••New Delhi, Delhi, India
Recharge Express Private Limited this company₹3,570.09 Cr (FY 2017)••••••••-4.0%••••Aurangabad, Maharashtra, India
B4s Solutions Private Limited₹1,413.85 Cr (FY 2024)••••••••1.0%••••New Delhi, Delhi, India
Mahanagar Telephone Nigam Limited Listed₹1,378.52 Cr (FY 2025)••••••••0.0%••••Lodhi Road, Delhi, India
Station Satcom Private Limited₹682.59 Cr (FY 2025)••••••••46.0%••••Mumbai, Maharashtra, India
BT (India) Private Limited₹653.35 Cr (FY 2025)••••••••9.0%••••New Delhi, Delhi, India
Spice Connect Private Limited₹565 Cr (FY 2025)••••••••4.0%••••New Delhi, Delhi, India

Peers are the five companies nearest above and the five nearest below Recharge Express by revenue in the Telecom industry (Telecom Service Providers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.

Auditor Details of Recharge Express Private Limited

Recharge Express Private Limited is audited by S Z DESHMUKH & CO for the financial year 2017.

NameStatusAppointment DateCessation Date
S Z DESHMUKH & COLockedLockedLocked
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Board of Directors of Recharge Express Private Limited

Recharge Express has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.

Ownership and Shareholding of Recharge Express Private Limited

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Charges & Borrowings of Recharge Express Private Limited

Open charges
₹550 Cr
Satisfied charges
None
Breakdown by lending institutions
Yes Bank Limited₹550.00 Cr
Latest charge details
DateLenderAmountStatus
09 Jun 2016Yes Bank Limited₹550 CrOpen

Total charge records: 1 View all charges

Deals & Funding of Recharge Express Private Limited

Recharge Express Private Limited has 1 deal on record (1 secondary share transfer); the latest was in September 2014.

Total deals
1
Secondary share transfer
1

Deals on record (1 of 1)

WhenDealAmountParties
Sep 2014Secondary share transferUndisclosedBuyer: Tekcare India Private Limited , Techno Electronics Private Limited, Electroparts (India) Private Limited
Seller: 2 individuals
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Full deal history

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Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Employees and EPFO Compliance at Recharge Express Private Limited

Recharge Express Private Limited has a workforce of 24 employees as of Apr 08, 2024.

Employee count
24
Active EPFO establishments
1
Employee growth
-91.34%
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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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CIN History of Recharge Express Private Limited

Recharge Express has one previous CIN (Corporate Identification Number): U70102MH2013PTC249571. The current CIN is U52190MH2013PTC249571, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U52190MH2013PTC249571Current
U70102MH2013PTC249571Previous

Recent Activity on Recharge Express Private Limited

Recharge Express Private Limited has 7 board changes on record since 2014: 2 appointments and 5 cessations. The latest: Kavishwar Bhaurao Patil ceased to be Additional Director on 30 Sep 2016.

AGM
Recharge Express Private Limited last Annual general meeting of members was held on 30 Sep 2017 as per latest MCA records.
Filing
Recharge Express Private Limited has filed its annual Financial statements for the year ended 31 Mar 2017 with Roc Mumbai Ii.
Ceased
Kavishwar Bhaurao Patil ceased to be Additional Director.
Charges
A charge with Yes Bank Limited amounted to Rs. 55,000.00 Lakh with Charge ID 100044284 was registered on 09 Jun 2016.
Appointed
Kavishwar Bhaurao Patil was appointed as Director.
Ceased
Shankar Sonaji Khande ceased to be Director.
Ceased
Sunil Madhukar Deshpande ceased to be Additional Director.
Ceased
Vilas Rambhau Salunke ceased to be Director.
Appointed
Sunil Madhukar Deshpande was appointed as Director.
Ceased
Vasant Shesharao Kakade ceased to be Director.
Incorporation
24 Oct 2013
Recharge Express Private Limited was registered on 24 Oct 2013 with Roc Mumbai Ii & aged 12 years 11 months as per MCA records.

Credit Ratings, Litigation & Regulatory Alerts for Recharge Express Private Limited

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MSME Payment Delays by Recharge Express Private Limited

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Subsidiaries & Group Companies of Recharge Express Private Limited

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GST Compliance of Recharge Express Private Limited

Recharge Express has 10 GST registrations: 10 active. The first 4 active GSTINs are listed below.

Total GSTINs
10
Active
10
GSTINStateStatusRegistered on
29AAHCR0103R1Z3KarnatakaActive01 Jul 2017
36AAHCR0103R1Z8TelanganaActive01 Jul 2017
30AAHCR0103R1ZKGoaActive04 Jul 2017
02AAHCR0103R1ZJHimachal PradeshActive07 Jul 2017
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GST registrations and filing compliance

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MCA Filings & Documents of Recharge Express Private Limited

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MCA filings and documents

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Frequently Asked Questions about Recharge Express Private Limited

Recharge Express is an active private limited company based in Aurangabad, Maharashtra, India. The company works in telecom service providers, within the telecom industry. It was incorporated on 24 October 2013 (13+ years old) and is registered under CIN U52190MH2013PTC249571.

Recharge Express reported revenue of ₹3,570.09 Cr for FY 2017 (down 4% YoY).

Recharge Express has 2 current directors:

Recharge Express reported a net loss of ₹47.42 Cr (net margin -1.3%) and EBITDA of ₹47.8 Lakh (EBITDA margin 0%) for FY 2017, as per its filed financial statements.

The GSTIN of Recharge Express is 29AAHCR0103R1Z3, registered in Karnataka. The company has 10 GST registrations in all, of which 10 are active. Other active GSTINs include 36AAHCR0103R1Z8 (Telangana), 30AAHCR0103R1ZK (Goa), 02AAHCR0103R1ZJ (Himachal Pradesh).

The CIN (Corporate Identification Number) of Recharge Express is U52190MH2013PTC249571. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Recharge Express has 3 court cases on record: 2 filed by the company. Most are in the district courts.

Recharge Express was incorporated on 24 October 2013, making it 13+ years old. It is registered with the Registrar of Companies, Mumbai.

Recharge Express has 1 deal on record (1 secondary share transfer); the latest was in September 2014.

The peers of Recharge Express by revenue are Bharat Sanchar Nigam Limited, Tata Communications Limited, Aircel Limited, Telenor (India) Communications Private Limited, Tata Teleservices Limited and 5 more, all in the Telecom industry (Telecom Service Providers).

Kavishwar Bhaurao Patil ceased to be Additional Director on 30 Sep 2016. Kavishwar Bhaurao Patil was appointed as Director on 03 Jun 2016. Shankar Sonaji Khande ceased to be Director on 03 Jun 2016. Recharge Express has 7 board changes on record in total.

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