Startup India Government of India
Reco Storage Systems Private Limited - machinery and equipment in Pune, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹18.26 Cr
▲ 48% YoY
Net profit · FY 2025
₹25.62 Lakh
Net margin 1.4%
EBITDA · FY 2025
₹80.85 Lakh
EBITDA margin 4.4%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹16.71 Lakh
Issued & subscribed
Open charges
₹3.56 Cr
Satisfied ₹1.6 Cr
Company age
9 yrs
Est. 2017
Employees · EPFO
26
Provident fund records
About Reco Storage Systems Private Limited
Data last updated:
Reco Storage Systems Private Limited is a private limited company based in Pune, Maharashtra, India, recognised as a startup by DPIIT. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 14 March 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U36999PN2017PTC169384. Its GSTIN is 27AAICR1768B1ZE (Maharashtra).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹16.71 Lakh. It is led by directors Deepti Rohit Watharkar and Rohit Sambhajirao Watharkar.
Its last annual general meeting (AGM) was held on 22 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Gat No79/80 Jyotiba Nagar Nr Bhalekar Chowk Talawde, Pune, Maharashtra, India – 411062.
As per the financials filed for FY 2025, the company reported a revenue of ₹18.26 Cr, a growth of 48% compared to the previous year. For the same year it recorded a net profit of ₹25.62 Lakh (net margin 1.4%) and EBITDA of ₹80.85 Lakh (EBITDA margin 4.4%). Revenue has grown at a compounded annual rate (CAGR) of 33% over three years and 19% over five years.
The company has about 26 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Recoengg. As per MCA filings, the company has open charges of ₹3.56 Cr and satisfied charges of ₹1.6 Cr on record. Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending.
Reco Storage Systems Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0088777). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website recoengg.in.
Company details
CIN U36999PN2017PTC169384
Registration Number 169384
Incorporation Date 14 March 2017
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 22 August 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Small
Udyam Registration UDYAM-MH-26-0088777
Recognitions & Rankings of Reco Storage Systems
MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-26-0088777
Contact details
Reco Storage Systems Private Limited's registered office is in Pune, Maharashtra. Its website is recoengg.in. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressGat No79/80 Jyotiba Nagar Nr Bhalekar Chowk Talawde, Pune, Maharashtra, India – 411062
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of Reco Storage Systems Private Limited, buy the company report.
Comprehensive company report
Reco Storage Systems 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
Reco Storage Systems operates one associated brand: Recoengg. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures industrial storage racks, mezzanine structures, and metal pallets for warehouses. | recoengg.com |
Business activity
The main business activity of Reco Storage Systems is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Reco Storage Systems Private Limited, buy the company report.
Financials of Reco Storage Systems Private Limited
FY 2025 filings availableReco Storage Systems Private Limited reported revenue of ₹18.26 Cr (up 48% YoY) for FY 2025.
Revenue · FY 2025
₹18.26 Cr ▲ 48%
Net profit · FY 2025
₹25.62 Lakh margin 1.4%
EBITDA · FY 2025
₹80.85 Lakh margin 4.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 48%
3 years · compounded
▲ 33%
5 years · compounded
▲ 19%
EBITDA CAGR growth
1 year
▲ 52%
3 years · compounded
▲ 21%
5 years · compounded
▲ 6%
Revenue has grown at a compounded annual rate (CAGR) of 19% over five years, including 48% growth in the latest year. EBITDA rose 52% 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 |
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| Total Expenses | |||||
| EBITDA | ₹80.85 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹25.62 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.4% | ||||
| Net Profit Margin | 1.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Reco Storage Systems Private Limited, buy the company report.
Board of directors of Reco Storage Systems Private Limited
Reco Storage Systems has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Deepti Rohit Watharkar | Director | 14 Mar 2017 | 9 Years 7 Months | Current |
| Rohit Sambhajirao Watharkar | Director | 14 Mar 2017 | 9 Years 7 Months | Current |
Auditor
Reco Storage Systems Private Limited is audited by PRASAD KULKARNI AND ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PRASAD KULKARNI AND ASSOCIATES | FY 2022 | 125063W |
Shareholding
The shareholding of Reco Storage Systems Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Reco Storage Systems Private Limited, buy the company report.
Charges & borrowings
Open charges
₹3.56 Cr
Satisfied charges
₹1.6 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Sep 2025 | 101171890 | Others | ₹99 Lakh | Open | |
| 09 Jan 2023 | 100711424 | Others | ₹46.5 Lakh | Open | |
| 22 Oct 2021 | 100497240 | Others | ₹2.1 Cr | Open | |
| 31 Mar 2018 | 100180411 | Others | ₹10 Lakh | Satisfied | |
| 31 Mar 2018 | 100180412 | Others | ₹90 Lakh | Satisfied |
To see the full charge records of Reco Storage Systems Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Reco Storage Systems Private Limited has 1 court case on record: 1 filed by Reco Storage Systems. All case is pending.
Total cases
1
Filed by the company
1
Pending
1
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, Pune, Maharashtra | Civil suit | Filed by the company against M/S Marsh Engineers Through Partner Maruti D Hingmire | Pending |
To see the full case history of Reco Storage Systems Private Limited, buy the company report.
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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Reco Storage Systems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Reco Storage Systems Private Limited has a workforce of 26 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
26
Active EPFO establishments
1
Employee growth
30%
GST
Reco Storage Systems has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAICR1768B1ZE | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Reco Storage Systems Private Limited, buy the company report.
Recent activity
Reco Storage Systems Private Limited has 2 board changes on record since 2017: 2 appointments. The latest: Deepti Rohit Watharkar was appointed as Director on 14 Mar 2017.
Charges
A charge with Others amounted to Rs. 99.00 Lakh with Charge ID 101171890 was registered on 29 Sep 2025.
AGM
Reco Storage Systems Private Limited last Annual general meeting of members was held on 22 Aug 2025 as per latest MCA records.
Filing
Reco Storage Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune.
Charges
A charge registered on 31 Mar 2018 via Charge ID 100180414 with Others was fully satisfied on 27 Feb 2025.
Charges
A charge with Others of Rs. 210.00 Lakh registered on 22 Oct 2021 with Charge ID 100497240 was modified on 13 Dec 2024.
Charges
A charge with Others of Rs. 46.50 Lakh registered on 09 Jan 2023 with Charge ID 100711424 was modified on 20 Jan 2023.
Charges
A charge with Others amounted to Rs. 46.50 Lakh with Charge ID 100711424 was registered on 09 Jan 2023.
Charges
A charge with Others amounted to Rs. 210.00 Lakh with Charge ID 100497240 was registered on 22 Oct 2021.
Charges
A charge registered on 31 Mar 2018 via Charge ID 100180411 with Others was fully satisfied on 16 Oct 2021.
Charges
A charge registered on 31 Mar 2018 via Charge ID 100180412 with Others was fully satisfied on 16 Oct 2021.
Charges
A charge with Others of Rs. 60.00 Lakh registered on 31 Mar 2018 with Charge ID 100180414 was modified on 27 Sep 2018.
Charges
A charge with Others amounted to Rs. 10.00 Lakh with Charge ID 100180411 was registered on 31 Mar 2018.
5 earlier events are in the company report.
Frequently asked questions
Reco Storage Systems is an active private limited company based in Pune, Maharashtra, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 14 March 2017 (9+ years old) and is registered under CIN U36999PN2017PTC169384.
Reco Storage Systems has 2 current directors:
- Deepti Rohit Watharkar - Director
- Rohit Sambhajirao Watharkar - Director
The latest financial statements of Reco Storage Systems on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 22 August 2025. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Reco Storage Systems is 27AAICR1768B1ZE, registered in Maharashtra.
The CIN (Corporate Identification Number) of Reco Storage Systems is U36999PN2017PTC169384. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Reco Storage Systems has 1 court case on record: 1 filed by the company. 1 is pending.
Reco Storage Systems was incorporated on 14 March 2017, making it 9+ years old. It is registered with the Registrar of Companies, Pune.
Deepti Rohit Watharkar was appointed as Director on 14 Mar 2017. Rohit Sambhajirao Watharkar was appointed as Director on 14 Mar 2017.
Yes, Reco Storage Systems is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Reco Storage Systems is registered as a small enterprise under Udyam registration (number: UDYAM-MH-26-0088777).