MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-OD-19-0017205
Shree Ganesh Recycling Private Limited - trading in Bhubaneswar, Odisha, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹2.81 Cr
▼ 29% YoY
Net loss · FY 2024
₹6.77 Lakh
Net margin -2.4%
EBITDA · FY 2024
-₹5.99 Lakh
EBITDA margin -2.1%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹36 Lakh
Issued & subscribed
Satisfied charges
₹50 Lakh
No open charges
Company age
14 yrs
Est. 2012
Directors on board
2
As per MCA filings
About Shree Ganesh Recycling Private Limited
Data last updated:
Shree Ganesh Recycling Private Limited is a private limited company based in Bhubaneswar, Odisha, India. It operates in the wholesale trading and distribution segment of the trading and commerce sector. It was incorporated on 31 July 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U21000OR2012PTC015741. Its GSTIN is 21AARCS8582P1ZD (Odisha).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹36 Lakh. It is led by directors Ratnakar Panigrahi and Narasingha Panigrahi.
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 Plot No – 131 Punjabi Colony Satya Nagar, Bhubaneswar, Odisha, India – 751007.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.81 Cr, a decline of 29% compared to the previous year. For the same year it recorded a net loss of ₹6.77 Lakh (net margin -2.4%) and EBITDA of -₹5.99 Lakh (EBITDA margin -2.1%). Revenue has declined at a compounded annual rate (CAGR) of 4% over three years and 10% over five years.
The company is associated with 1 brand: Recycle Paper. As per MCA filings, the company has satisfied charges of ₹50 Lakh on record.
Shree Ganesh Recycling Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-OD-19-0017205). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website recyclepaper.in.
Company details
CIN U21000OR2012PTC015741
Registration Number 015741
Incorporation Date 31 July 2012
ROC Cuttack
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-OD-19-0017205
Recognitions & Rankings of Shree Ganesh Recycling
Contact details
Shree Ganesh Recycling Private Limited's registered office is in Bhubaneswar, Odisha. Its website is recyclepaper.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No – 131 Punjabi Colony Satya Nagar, Bhubaneswar, Odisha, India – 751007
- IndustryTrading, Wholesale, Other Wholesale
To see the full contact details of Shree Ganesh Recycling Private Limited, buy the company report.
Comprehensive company report
Shree Ganesh Recycling 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
Shree Ganesh Recycling operates one associated brand: Recycle Paper. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Operates an online platform for selling and donating used papers and books sustainably. | recyclepaper.in |
Business activity
The main business activity of Shree Ganesh Recycling is water supply, sewerage and waste management. In detail, this covers waste collection, treatment and disposal activities, materials recovery and other waste management services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| E | Water supply, sewerage and waste management | E3 | Waste collection, treatment and disposal activities, materials recovery and Other waste management services |
To see the full business activity and turnover split of Shree Ganesh Recycling Private Limited, buy the company report.
Financials of Shree Ganesh Recycling Private Limited
FY 2025 filings availableShree Ganesh Recycling Private Limited reported revenue of ₹2.81 Cr (down 29% YoY) for FY 2024.
Revenue · FY 2024
₹2.81 Cr ▼ 29%
Net loss · FY 2024
₹6.77 Lakh margin -2.4%
EBITDA · FY 2024
-₹5.99 Lakh margin -2.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 29%
3 years · compounded
▲ 4%
5 years · compounded
▼ 10%
EBITDA CAGR growth
1 year
▼ 224%
3 years · compounded
▼ 54%
5 years · compounded
▼ 38%
Revenue has declined at a compounded annual rate (CAGR) of 10% over five years, including a 29% fall in the latest year. EBITDA fell 224% 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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| Total Expenses | |||||
| EBITDA | -₹5.99 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹6.77 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -2.1% | ||||
| Net Profit Margin | -2.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Shree Ganesh Recycling Private Limited, buy the company report.
Board of directors of Shree Ganesh Recycling Private Limited
Shree Ganesh Recycling has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ratnakar Panigrahi | Director | 31 Jul 2012 | 14 Years 3 Months | Current |
| Narasingha Panigrahi | Director | 31 Jul 2012 | 14 Years 3 Months | Current |
Peer comparison
Shree Ganesh Recycling Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (waste collection, treatment and disposal activities, materials recovery and other waste management services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Phusro Waste Management Private Limited | ₹2.85 Cr (FY 2024) | 208.0% | Guntur, Andhra Pradesh, India | |||
| Mahalaxmi E-Recyclers Private Limited | ₹2.84 Cr (FY 2025) | -5.0% | Pune, Maharashtra, India | |||
| Bio-Genetic Laboratories Private Limited | ₹2.83 Cr (FY 2025) | -5.0% | Barwadda, Jharkhand, India | |||
| Belgaum Green Environmental Management Private Limited | ₹2.83 Cr (FY 2024) | 10.0% | Bangalore, Karnataka, India | |||
| Biome Environmental Solutions Private Limited | ₹2.82 Cr (FY 2024) | -6.0% | Bangalore, Karnataka, India | |||
| Shree Ganesh Recycling Private Limitedthis company | ₹2.81 Cr (FY 2024) | -₹6.77 Lakh | -2.4% | -29.0% | Bhubaneswar, Odisha, India | |
| Yugm Nature Private Limited | ₹2.8 Cr (FY 2024) | 697.0% | New Delhi, Delhi, India | |||
| Elxion Private Limited | ₹2.77 Cr (FY 2025) | -21.0% | Bangalore, Karnataka, India | |||
| Trash to Treasure Private Limited | ₹2.76 Cr (FY 2025) | 220.0% | Ghaziabad, Uttar Pradesh, India | |||
| Green Practices Private Limited | ₹2.74 Cr (FY 2025) | 31.0% | Mumbai, Maharashtra, India | |||
| Enviro Axis India Private Limited | ₹2.7 Cr (FY 2024) | 535.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Shree Ganesh Recycling Private Limited, buy the company report.
Auditor
Shree Ganesh Recycling Private Limited is audited by G CHOUDHURY AND CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G CHOUDHURY AND CO | FY 2018 | 329356E |
Shareholding
The shareholding of Shree Ganesh Recycling Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Shree Ganesh Recycling Private Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹50 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Jun 2018 | 100192719 | Others | ₹50 Lakh | Satisfied |
To see the full charge records of Shree Ganesh Recycling Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Shree Ganesh 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 Shree Ganesh Recycling Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Shree Ganesh Recycling has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AARCS8582P1ZD | Odisha | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Shree Ganesh Recycling Private Limited, buy the company report.
Recent activity
Shree Ganesh Recycling Private Limited has 3 board changes on record since 2012: 2 appointments and 1 cessation. The latest: Raghunath Panigrahi ceased to be Managing Director on 25 Jan 2018.
AGM
Shree Ganesh Recycling Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Shree Ganesh Recycling Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Cuttack.
Charges
A charge registered on 30 Jun 2018 via Charge ID 100192719 with Others was fully satisfied on 20 Oct 2020.
Charges
A charge with Others amounted to Rs. 0.50 Cr with Charge ID 100192719 was registered on 30 Jun 2018.
Ceased
Raghunath Panigrahi ceased to be Managing Director.
Appointed
Narasingha Panigrahi was appointed as Director.
Appointed
Ratnakar Panigrahi was appointed as Director.
Incorporation
31 Jul 2012
Shree Ganesh Recycling Private Limited was registered on 31 Jul 2012 with Roc Cuttack & aged 14 years 3 months as per MCA records.
Frequently asked questions
Shree Ganesh Recycling is an active private limited company based in Bhubaneswar, Odisha, India. The company works in wholesale, within the trading industry. It was incorporated on 31 July 2012 (14+ years old) and is registered under CIN U21000OR2012PTC015741.
Shree Ganesh Recycling has 2 current directors:
- Ratnakar Panigrahi - Director
- Narasingha Panigrahi - Director
The latest financial statements of Shree Ganesh 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 2015 are in the company report.
The GSTIN of Shree Ganesh Recycling is 21AARCS8582P1ZD, registered in Odisha.
The CIN (Corporate Identification Number) of Shree Ganesh Recycling is U21000OR2012PTC015741. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shree Ganesh Recycling was incorporated on 31 July 2012, making it 14+ years old. It is registered with the Registrar of Companies, Cuttack.
The peers of Shree Ganesh Recycling by revenue are Phusro Waste Management Private Limited, Mahalaxmi E-Recyclers Private Limited, Bio-Genetic Laboratories Private Limited, Belgaum Green Environmental Management Private Limited, Biome Environmental Solutions Private Limited and 5 more, all in the same principal business activity (waste collection, treatment and disposal activities, materials recovery and other waste management services).
Raghunath Panigrahi ceased to be Managing Director on 25 Jan 2018. Narasingha Panigrahi was appointed as Director on 31 Jul 2012. Ratnakar Panigrahi was appointed as Director on 31 Jul 2012.
Yes, Shree Ganesh Recycling is registered as a micro enterprise under Udyam registration (number: UDYAM-OD-19-0017205).
Shree Ganesh Recycling can be reached through the website recyclepaper.in. Its registered office is in Bhubaneswar, Odisha, India.
The registered office of Shree Ganesh Recycling is at Plot No – 131 Punjabi Colony Satya Nagar, Bhubaneswar, Odisha, India – 751007.
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