About Saltech Design Labs Private Limited
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Saltech Design Labs Private Limited is a private limited company based in Ahmedabad, Gujarat, India, recognised as a startup by DPIIT. It operates in the waste management and recycling solutions segment of the environmental services sector. It was incorporated on 20 June 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29309GJ2018PTC102939. Its GSTIN is 24ABACS4890G1ZA (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1,050. It is led by directors Aditya Suraj Shukla and Sudhirkumar Chandramani Shukla.
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 Ahmedabad, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹50.55 Lakh, a decline of 57% compared to the previous year. For the same year it recorded a net loss of ₹40.18 Lakh (net margin -79.5%) and EBITDA of -₹30.63 Lakh (EBITDA margin -60.6%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 9% over five years.
The company is associated with 2 brands: Recycler India and Saltech Design Labs. As per MCA filings, the company has open charges of ₹50 Lakh and satisfied charges of ₹50 Lakh on record. The company has 4 deals on record (2 convertible or debt financings, 1 funding round, 1 secondary share transfer), with disclosed funding of ₹1.75 Cr; the latest was in November 2025. Its 10 peer companies in the Cleantech industry (Recycling and Waste Treatment) are compared by revenue, 5 larger and 5 smaller; the largest is Max Positive Private Limited with revenue of ₹50.95 Lakh.
For more details, the company can be reached via its website saltech.co.in.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressShade No – 100 Vibrant Mega Industrial Estate, Zak Kadadra Road Vahelal, Ahmedabad, Gujarat, India – 382433
- 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 Saltech Design Labs Private Limited
The main business activity of Saltech Design Labs is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products | 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 Saltech Design Labs Private Limited FY 2025 filings available
Saltech Design Labs Private Limited reported revenue of ₹50.55 Lakh (down 57% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Saltech Design Labs Private Limited
Revenue fell 57% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 9%. EBITDA fell 169% 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 Saltech Design Labs 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 | -₹30.63 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹40.18 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
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| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Saltech Design Labs Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -60.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -79.5% | •••• | •••• | •••• | •••• |
| 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 Saltech Design Labs are in the company report.
Financial statements from FY 2019
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 Saltech Design Labs Private Limited
Saltech Design Labs Private Limited is compared with the companies closest to it by revenue in the Cleantech industry (Recycling and Waste Treatment). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Max Positive Private Limited | ₹50.95 Lakh (FY 2025) | •••• | •••• | 22.0% | •••• | Gurgaon, Haryana, India |
| GS Pyro Enterprise Private Limited | ₹50.92 Lakh (FY 2024) | •••• | •••• | 3980.0% | •••• | Vellore, Tamil Nadu, India |
| Hellodustbin Private Limited | ₹50.9 Lakh (FY 2021) | •••• | •••• | 26.0% | •••• | Hyderabad, Telangana, India |
| Cherries Engineering and Innovation India Private Limited | ₹50.67 Lakh (FY 2024) | •••• | •••• | 41.0% | •••• | Bangalore, Karnataka, India |
| R.H. Green Earth Environment Private Limited | ₹50.64 Lakh (FY 2020) | •••• | •••• | 310.0% | •••• | Ghaziabad, Uttar Pradesh, India |
| Saltech Design Labs Private Limited this company | ₹50.55 Lakh (FY 2025) | •••• | •••• | -57.0% | •••• | Ahmedabad, Gujarat, India |
| SGH Industries Private Limited | ₹50.43 Lakh (FY 2025) | •••• | •••• | 2292025.0% | •••• | Noida, Uttar Pradesh, India |
| Raipur Green Energy Private Limited | ₹50.22 Lakh (FY 2025) | •••• | •••• | 28340.0% | •••• | Bhatapara, Chhattisgarh, India |
| Alchemy Recyclers Private Limited | ₹49.84 Lakh (FY 2024) | •••• | •••• | •••• | Bharuch, Gujarat, India | |
| Recology India Techno Solutions (OPC) Private Limited | ₹49.15 Lakh (FY 2025) | •••• | •••• | 111.0% | •••• | Ghaziabad, Uttar Pradesh, India |
| Gtre Green Private Limited | ₹49.12 Lakh (FY 2025) | •••• | •••• | 625.0% | •••• | Itanagar, Arunachal Pradesh, India |
Peers are the five companies nearest above and the five nearest below Saltech Design Labs by revenue in the Cleantech industry (Recycling and Waste Treatment), 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 Saltech Design Labs Private Limited
Saltech Design Labs has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Aditya Suraj Shukla | Director | 20 Jun 2018 | 8 Years 3 Months | Current |
| Sudhirkumar Chandramani Shukla | Director | 20 Jun 2018 | 8 Years 3 Months | Current |
Ownership and Shareholding of Saltech Design Labs Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Saltech Design Labs Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Oct 2024 | Others | ₹50 Lakh | Satisfied |
Total charge records: 1 View all charges
Deals & Funding of Saltech Design Labs Private Limited
Saltech Design Labs Private Limited has 4 deals on record (2 convertible or debt financings, 1 funding round, 1 secondary share transfer), with disclosed funding of ₹1.75 Cr; the latest was in November 2025.
Deals on record (2 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2025 | Funding round | ₹1.35 Cr | Investors: Hindustan Petroleum Corporation Limited (HPCL) |
| Apr 2023 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: 2 individuals |
Full deal history
All 4 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Associated Brands with Saltech Design Labs Private Limited
Saltech Design Labs operates two associated brands: Recycler India and Saltech Design Labs. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Waste recycling services are provided in India. | recyclerin.com | |
| Solid waste materials are recovered through polymer composite technology. | saltech.co.in |
Employees and EPFO Compliance at Saltech Design Labs Private Limited
Employment history and EPFO contributions of people linked to Saltech Design Labs.
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.
Recent Activity on Saltech Design Labs Private Limited
Saltech Design Labs Private Limited has 3 board changes on record since 2018: 2 appointments and 1 cessation. The latest: Yogeshkumar Rameshvar Sharma ceased to be Director on 15 Nov 2022.
Credit Ratings, Litigation & Regulatory Alerts for Saltech Design Labs 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 Saltech Design Labs 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 Saltech Design Labs 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 Saltech Design Labs Private Limited
Saltech Design Labs has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24ABACS4890G1ZA | Gujarat | Active | 14 Nov 2018 |
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 Saltech Design Labs 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 Saltech Design Labs Private Limited
Saltech Design Labs is an active private limited company based in Ahmedabad, Gujarat, India. The company works in waste management and recycling solutions, within the environment industry. It was incorporated on 20 June 2018 (8+ years old) and is registered under CIN U29309GJ2018PTC102939.
Saltech Design Labs reported revenue of ₹50.55 Lakh for FY 2025 (down 57% YoY).
Saltech Design Labs has 2 current directors:
- Aditya Suraj Shukla - Director
- Sudhirkumar Chandramani Shukla - Director
Saltech Design Labs reported a net loss of ₹40.18 Lakh (net margin -79.5%) and EBITDA of -₹30.63 Lakh (EBITDA margin -60.6%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Saltech Design Labs is 15% over three years and 9% over five years. In the latest year (FY 2025) revenue fell 57%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Saltech Design Labs is 24ABACS4890G1ZA, registered in Gujarat.
The CIN (Corporate Identification Number) of Saltech Design Labs is U29309GJ2018PTC102939. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Saltech Design Labs was incorporated on 20 June 2018, making it 8+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Saltech Design Labs has 4 deals on record (2 convertible or debt financings, 1 funding round, 1 secondary share transfer), with disclosed funding of ₹1.75 Cr; the latest was in November 2025.
The peers of Saltech Design Labs by revenue are Max Positive Private Limited, GS Pyro Enterprise Private Limited, Hellodustbin Private Limited, Cherries Engineering and Innovation India Private Limited, R.H. Green Earth Environment Private Limited and 5 more, all in the Cleantech industry (Recycling and Waste Treatment).
Yogeshkumar Rameshvar Sharma ceased to be Director on 15 Nov 2022. Aditya Suraj Shukla was appointed as Director on 20 Jun 2018. Sudhirkumar Chandramani Shukla was appointed as Director on 20 Jun 2018.