About Sevenseas Recycling Private Limited
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Sevenseas Recycling Private Limited is a private limited company based in Salem, Tamil Nadu, India. It operates in the waste management and recycling solutions segment of the environmental services sector. It was incorporated on 25 April 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U51909TZ2017PTC028848. Its GSTIN is 33AAYCS5706J1ZT (Tamil Nadu).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹25 Lakh. It is led by directors Vandith Agarwal (Managing Director) and Rahul Bayawala.
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 No.100 / 3 3rd Cross Brindavan Road Fairlands, Salem, Tamil Nadu, India – 636016.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.69 Cr, a decline of 94% compared to the previous year. For the same year it recorded a net profit of ₹6.25 Lakh (net margin 1.7%) and EBITDA of ₹53.94 Lakh (EBITDA margin 14.6%). Revenue has declined at a compounded annual rate (CAGR) of 42% over three years and 24% over five years.
The company is associated with 1 brand: Sevenseas Recycling. As per MCA filings, the company has open charges of ₹99.91 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sevenseasmetallics.com.
Company details
Contact details
Sevenseas Recycling Private Limited's registered office is in Salem, Tamil Nadu. Its website is sevenseasmetallics.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo.100 / 3 3rd Cross Brindavan Road Fairlands, Salem, Tamil Nadu, India – 636016
- IndustryEnvironment, Waste Management & Recycling Solutions
To see the full contact details of Sevenseas Recycling 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
Brands
Sevenseas Recycling operates one associated brand: Sevenseas Recycling. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Scrap metal recycling and e-waste management services focused on sustainability and global operations. | sevenseasmetallics.com |
Business activity
The main business activity of Sevenseas Recycling is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Sevenseas Recycling Private Limited, buy the company report.
Financials of Sevenseas Recycling Private Limited
FY 2025 filings availableSevenseas Recycling Private Limited reported revenue of ₹3.69 Cr (down 94% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 24% over five years, including a 94% fall in the latest year. EBITDA fell 91% 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 |
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| EBITDA | ₹53.94 Lakh | ||||
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| Net Profit (PAT) | ₹6.25 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 14.6% | ||||
| Net Profit Margin | 1.7% | ||||
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To see the full financial statements and ratios of Sevenseas Recycling Private Limited, buy the company report.
Board of directors of Sevenseas Recycling Private Limited
Sevenseas Recycling has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vandith Agarwal Also directs: Shree Rahul Flour Mill Private Limited | Managing Director | 25 Apr 2017 | 9 Years 6 Months | Current |
| Rahul Bayawala Also directs: Premium Ferro Alloys Ltd, Shree Rahul Flour Mill Private Limited | Director | 25 Apr 2017 | 9 Years 6 Months | Current |
Peer comparison
Sevenseas Recycling Private Limited is compared with the 3 companies closest to it by revenue in the Metals and Minerals industry (Metal Retail and Distribution, Recycling and Waste Treatment), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sevenseas Recycling Private Limitedthis company | ₹3.69 Cr (FY 2024) | ₹6.25 Lakh | 1.7% | -94.0% | Salem, Tamil Nadu, India | |
| Kisco Castings Private Limited | ₹3.69 Cr (FY 2024) | 12.0% | Fatehgarh Sahib, Punjab, India | |||
| Sterling Transship Limited | ₹3.67 Cr (FY 2020) | 1097.0% | Jamnagar, Gujarat, India | |||
| Honey Metals & Chemicals Private Limited | ₹3.67 Cr (FY 2025) | 1.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Sevenseas Recycling Private Limited, buy the company report.
Shareholding
The shareholding of Sevenseas Recycling Private Limited is on record for 3 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2017 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Sevenseas Recycling Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Jul 2023 | 100750459 | Others | ₹80 Lakh | Open | |
| 07 Aug 2021 | 100470285 | Hdfc Bank Limited | ₹19.91 Lakh | Open |
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Sevenseas Recycling 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 Sevenseas Recycling Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sevenseas Recycling has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAYCS5706J1ZT | Tamil Nadu | Active | 07 Feb 2018 |
To see the full GST registrations and return filing status of Sevenseas Recycling Private Limited, buy the company report.
Recent activity
Sevenseas Recycling Private Limited has 2 board changes on record since 2017: 2 appointments. The latest: Rahul Bayawala was appointed as Director on 25 Apr 2017.
Frequently asked questions
Sevenseas Recycling is an active private limited company based in Salem, Tamil Nadu, India. The company works in waste management and recycling solutions, within the environment industry. It was incorporated on 25 April 2017 (9+ years old) and is registered under CIN U51909TZ2017PTC028848.
Sevenseas Recycling has 2 current directors:
- Vandith Agarwal - Managing Director
- Rahul Bayawala - Director
The latest financial statements of Sevenseas Recycling 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 2018 are in the company report.
The GSTIN of Sevenseas Recycling is 33AAYCS5706J1ZT, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Sevenseas Recycling is U51909TZ2017PTC028848. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sevenseas Recycling was incorporated on 25 April 2017, making it 9+ years old. It is registered with the Registrar of Companies, Coimbatore.
The peers of Sevenseas Recycling by revenue are Kisco Castings Private Limited, Sterling Transship Limited, Honey Metals & Chemicals Private Limited, all in the Metals and Minerals industry (Metal Retail and Distribution, Recycling and Waste Treatment), with the same principal business activity (wholesale trading).
Rahul Bayawala was appointed as Director on 25 Apr 2017. Vandith Agarwal was appointed as Managing Director on 25 Apr 2017.
Sevenseas Recycling can be reached through the website sevenseasmetallics.com. Its registered office is in Salem, Tamil Nadu, India.
The registered office of Sevenseas Recycling is at No.100 3 3rd Cross Brindavan Road Fairlands, Salem, Tamil Nadu, India – 636016.
Sevenseas Recycling operates in the environment industry, in the waste management and recycling solutions segment.
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