MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-18-0019855
Square1 Recycling Private Limited - environment in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹4.67 Cr
▲ 4445% YoY
Net profit · FY 2025
₹17.26 Lakh
Net margin 3.7%
EBITDA · FY 2025
₹21.6 Lakh
EBITDA margin 4.6%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Company age
8 yrs
Est. 2018
Directors on board
2
As per MCA filings
Active GSTINs
2
of 3 registered
About Square1 Recycling Private Limited
Data last updated:
Square1 Recycling Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the waste management and recycling solutions segment of the environmental services sector. It was incorporated on 15 October 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U37200MH2018PTC315776. Its GSTIN is 27ABBCS0014P1ZC (Maharashtra). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Premchand Ramji Salvi and Neha Kalpesh Kothari.
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 4 Vasant Kunj 12th Road Near Vijay Store Santacruz (East), Mumbai, Maharashtra, India – 400055.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.67 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹17.26 Lakh (net margin 3.7%) and EBITDA of ₹21.6 Lakh (EBITDA margin 4.6%). Revenue has declined at a compounded annual rate (CAGR) of 23% over three years.
The company is associated with 1 brand: Square1Recycling. Court records list 1 case involving the company, including 1 filed by the company.
Square1 Recycling Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0019855). For more details, the company can be reached via its website square1recycling.com.
Company details
CIN U37200MH2018PTC315776
Registration Number 315776
Incorporation Date 15 October 2018
ROC Mumbai
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-MH-18-0019855
Recognitions & Rankings of Square1 Recycling
Contact details
Square1 Recycling Private Limited's registered office is in Mumbai, Maharashtra. Its website is square1recycling.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address4 Vasant Kunj 12th Road Near Vijay Store Santacruz (East), Mumbai, Maharashtra, India – 400055
- IndustryEnvironment, Waste Management & Recycling Solutions
To see the full contact details of Square1 Recycling Private Limited, buy the company report.
Comprehensive company report
Square1 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Square1 Recycling operates one associated brand: Square1Recycling. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Buys and sells scrap materials for industrial waste management and recycling. | square1recycling.com |
Business activity
The main business activity of Square1 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 Square1 Recycling Private Limited, buy the company report.
Financials of Square1 Recycling Private Limited
FY 2025 filings availableSquare1 Recycling Private Limited reported revenue of ₹4.67 Cr (up 4445% YoY) for FY 2025.
Revenue · FY 2025
₹4.67 Cr ▲ 4445%
Net profit · FY 2025
₹17.26 Lakh margin 3.7%
EBITDA · FY 2025
₹21.6 Lakh margin 4.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
3 years · compounded
▼ 23%
EBITDA CAGR growth
1 year
▲ 413%
3 years · compounded
▼ 5%
5 years · compounded
▲ 138%
Revenue has declined at a compounded annual rate (CAGR) of 23% over three years. EBITDA rose 413% 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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| EBITDA | ₹21.6 Lakh | ||||
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| Net Profit (PAT) | ₹17.26 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 4.6% | ||||
| Net Profit Margin | 3.7% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Square1 Recycling Private Limited, buy the company report.
Board of directors of Square1 Recycling Private Limited
Square1 Recycling has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Premchand Ramji Salvi | Director | 15 Oct 2018 | 8 Years 0 Months | Current |
| Neha Kalpesh Kothari Also directs: Sanjivani Resources LLP | Director | 06 Dec 2022 | 3 Years 10 Months | Current |
Peer comparison
Square1 Recycling Private Limited is compared with the 6 companies closest to it by revenue in the Cleantech industry (Recycling and Waste Treatment), with 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 |
|---|---|---|---|---|---|---|
| Karnataka Compost Development Corporation Limited | ₹4.76 Cr (FY 2025) | -30.0% | Bangalore, Karnataka, India | |||
| Movi Ecoserve Private Limited | ₹4.74 Cr (FY 2024) | 2.0% | Thane, Maharashtra, India | |||
| Elham Eco Private Limited | ₹4.74 Cr (FY 2025) | 77.0% | Kodad, Telangana, India | |||
| Integrated Afr Private Limited | ₹4.73 Cr (FY 2024) | 95.0% | Malegaon, Maharashtra, India | |||
| Square1 Recycling Private Limitedthis company | ₹4.67 Cr (FY 2025) | ₹17.26 Lakh | 3.7% | 4445.0% | Mumbai, Maharashtra, India | |
| Foxx Compliance Services Private Limited | ₹4.65 Cr (FY 2025) | 98.0% | Loni, Uttar Pradesh, India | |||
| Pythonic Waste Services Private Limited | ₹4.65 Cr (FY 2024) | 9669.0% | Delhi, India |
To see the full peer comparison of Square1 Recycling Private Limited, buy the company report.
Auditor
Square1 Recycling Private Limited is audited by VISHAL VASANTRAJ KOTHARI for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VISHAL VASANTRAJ KOTHARI | FY 2023 | 101094 |
Shareholding
The shareholding of Square1 Recycling Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Square1 Recycling Private Limited, buy the company report.
Legal cases
Square1 Recycling Private Limited has 1 court case on record: 1 filed by Square1 Recycling. All case is disposed.
Total cases
1
Filed by the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thane, Maharashtra | Court case (Civil M.A.) | Filed by the company against Ms Champagne Indage Ltd. | Disposed |
To see the full case history of Square1 Recycling 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 Square1 Recycling Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Square1 Recycling has 3 GST registrations: 2 active and 1 cancelled or inactive.
Total GSTINs
3
Active
2
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27ABBCS0014P1ZC | Maharashtra | Active | 10 Jul 2020 |
| 27ABBCS0014P1DL | Maharashtra | Active | 31 Jan 2025 |
To see the full GST registrations and return filing status of Square1 Recycling Private Limited, buy the company report.
Recent activity
Square1 Recycling Private Limited has 4 board changes on record since 2018: 2 appointments and 2 cessations. The latest: Neha Kalpesh Kothari ceased to be Additional Director on 29 Sep 2023.
AGM
Square1 Recycling Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Square1 Recycling Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Ceased
Neha Kalpesh Kothari ceased to be Additional Director.
Ceased
Amarsingh Pannasingh Rajput ceased to be Director.
Appointed
Neha Kalpesh Kothari was appointed as Director.
Appointed
Premchand Ramji Salvi was appointed as Director.
Incorporation
15 Oct 2018
Square1 Recycling Private Limited was registered on 15 Oct 2018 with Roc Mumbai & aged 8 years 11 days as per MCA records.
Frequently asked questions
Square1 Recycling is an active private limited company based in Mumbai, Maharashtra, India. The company works in waste management and recycling solutions, within the environment industry. It was incorporated on 15 October 2018 (8+ years old) and is registered under CIN U37200MH2018PTC315776.
Square1 Recycling has 2 current directors:
- Premchand Ramji Salvi - Director
- Neha Kalpesh Kothari - Director
The latest financial statements of Square1 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 2019 are in the company report.
The GSTIN of Square1 Recycling is 27ABBCS0014P1ZC, registered in Maharashtra. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 27ABBCS0014P1DL (Maharashtra).
The CIN (Corporate Identification Number) of Square1 Recycling is U37200MH2018PTC315776. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Square1 Recycling has 1 court case on record: 1 filed by the company.
Square1 Recycling was incorporated on 15 October 2018, making it 8+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Square1 Recycling by revenue are Karnataka Compost Development Corporation Limited, Movi Ecoserve Private Limited, Elham Eco Private Limited, Integrated Afr Private Limited, Foxx Compliance Services Private Limited and 1 more, all in the Cleantech industry (Recycling and Waste Treatment), with the same principal business activity (waste collection, treatment and disposal activities, materials recovery and other waste management services).
Neha Kalpesh Kothari ceased to be Additional Director on 29 Sep 2023. Amarsingh Pannasingh Rajput ceased to be Director on 06 Dec 2022. Neha Kalpesh Kothari was appointed as Director on 06 Dec 2022. Square1 Recycling has 4 board changes on record in total.
Yes, Square1 Recycling is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-18-0019855).
Square1 Recycling can be reached through the website square1recycling.com. Its registered office is in Mumbai, Maharashtra, India.