MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-06-0029104
Recyclex Private Limited - manufacturing in Bharuch, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹39.2 Lakh
▼ 2% YoY
Net loss · FY 2024
₹12.23 Lakh
Net margin -31.2%
EBITDA · FY 2024
-₹5.46 Lakh
EBITDA margin -13.9%
Authorised capital
₹2 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹22.5 Lakh
Secured borrowings
Company age
6 yrs
Est. 2020
Directors on board
2
As per MCA filings
About Recyclex Private Limited
Data last updated:
Recyclex Private Limited is a private limited company based in Bharuch, Gujarat, India. It operates in the construction materials segment of the manufacturing sector. It was incorporated on 30 October 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U37100GJ2020PTC117850. Its GSTIN is 24AAKCR5650E1ZF (Gujarat).
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Vedant Vijaybhai Gandhi and Abhishek Jagdish Chhazed.
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 A 99 Patel Super Market Station Road, Bharuch, Gujarat, India – 392001.
As per the financials filed for FY 2024, the company reported a revenue of ₹39.2 Lakh, a decline of 2% compared to the previous year. For the same year it recorded a net loss of ₹12.23 Lakh (net margin -31.2%) and EBITDA of -₹5.46 Lakh (EBITDA margin -13.9%). Revenue has grown at a compounded annual rate (CAGR) of 76% over three years.
The company is associated with 1 brand: recycleX. As per MCA filings, the company has open charges of ₹22.5 Lakh on record.
Recyclex Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-06-0029104). For more details, the company can be reached via its website recyclex.in.
Company details
CIN U37100GJ2020PTC117850
Registration Number 117850
Incorporation Date 30 October 2020
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
MSME Classification Micro
Udyam Registration UDYAM-GJ-06-0029104
Recognitions & Rankings of Recyclex
Contact details
Recyclex Private Limited's registered office is in Bharuch, Gujarat. Its website is recyclex.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressA 99 Patel Super Market Station Road, Bharuch, Gujarat, India – 392001
- IndustryManufacturing, Construction Materials
To see the full contact details of Recyclex Private Limited, buy the company report.
Comprehensive company report
Recyclex 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Recyclex operates one associated brand: recycleX. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Eco-friendly building materials are produced from recycled waste. | recyclex.in |
Business activity
The main business activity of Recyclex is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Recyclex Private Limited, buy the company report.
Financials of Recyclex Private Limited
FY 2025 filings availableRecyclex Private Limited reported revenue of ₹39.2 Lakh (down 2% YoY) for FY 2024.
Revenue · FY 2024
₹39.2 Lakh ▼ 2%
Net loss · FY 2024
₹12.23 Lakh margin -31.2%
EBITDA · FY 2024
-₹5.46 Lakh margin -13.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 2%
3 years · compounded
▲ 76%
EBITDA CAGR growth
1 year
▼ 265%
3 years · compounded
▼ 375%
Revenue fell 2% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 76%. EBITDA fell 265% 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 |
|---|---|---|---|---|
| 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 | -₹5.46 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹12.23 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 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -13.9% | |||
| Net Profit Margin | -31.2% | |||
| 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 Recyclex Private Limited, buy the company report.
Board of directors of Recyclex Private Limited
Recyclex has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vedant Vijaybhai Gandhi Also directs: Adiant Green Solutions Private Limited | Director | 30 Oct 2020 | 5 Years 11 Months | Current |
| Abhishek Jagdish Chhazed Also directs: Eco Path Innovations Private Limited | Director | 30 Oct 2020 | 5 Years 11 Months | Current |
Auditor
Recyclex Private Limited is audited by D J PATEL AND ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D J PATEL AND ASSOCIATES | FY 2023 | 0141439W |
Shareholding
The shareholding of Recyclex Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2021 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Recyclex Private Limited, buy the company report.
Charges & borrowings
Open charges
₹22.5 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Mar 2022 | 100571121 | Indian Overseas Bank | ₹22.5 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Recyclex 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 Recyclex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Recyclex Private Limited has 1 active EPFO establishment as of Apr 04, 2024.
Active EPFO establishments
1
GST
Recyclex has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAKCR5650E1ZF | Gujarat | Active | 14 Nov 2020 |
To see the full GST registrations and return filing status of Recyclex Private Limited, buy the company report.
Recent activity
Recyclex Private Limited has 2 board changes on record since 2020: 2 appointments. The latest: Abhishek Jagdish Chhazed was appointed as Director on 30 Oct 2020.
AGM
Recyclex Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Recyclex Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Indian Overseas Bank amounted to Rs. 22.50 Lakh with Charge ID 100571121 was registered on 25 Mar 2022.
Appointed
Abhishek Jagdish Chhazed was appointed as Director.
Appointed
Vedant Vijaybhai Gandhi was appointed as Director.
Incorporation
30 Oct 2020
Recyclex Private Limited was registered on 30 Oct 2020 with Roc Ahmedabad & aged 5 years 11 months as per MCA records.
Frequently asked questions
Recyclex is an active private limited company based in Bharuch, Gujarat, India. The company works in construction materials, within the manufacturing industry. It was incorporated on 30 October 2020 (6+ years old) and is registered under CIN U37100GJ2020PTC117850.
Recyclex has 2 current directors:
- Vedant Vijaybhai Gandhi - Director
- Abhishek Jagdish Chhazed - Director
The latest financial statements of Recyclex 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 2021 are in the company report.
The GSTIN of Recyclex is 24AAKCR5650E1ZF, registered in Gujarat.
The CIN (Corporate Identification Number) of Recyclex is U37100GJ2020PTC117850. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Recyclex was incorporated on 30 October 2020, making it 6+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Abhishek Jagdish Chhazed was appointed as Director on 30 Oct 2020. Vedant Vijaybhai Gandhi was appointed as Director on 30 Oct 2020.
Yes, Recyclex is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-06-0029104).
Recyclex can be reached through the website recyclex.in. Its registered office is in Bharuch, Gujarat, India.
The registered office of Recyclex is at A 99 Patel Super Market Station Road, Bharuch, Gujarat, India – 392001.