MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-01-0020845
Sunflex Recycling Private Limited - manufacturing in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹32.17 Cr
▼ 4% YoY
Net profit · FY 2025
₹74.78 Lakh
Net margin 2.3%
EBITDA · FY 2025
₹2.23 Cr
EBITDA margin 6.9%
Authorised capital
₹1.5 Cr
Registered with MCA
Paid-up capital
₹1.5 Cr
Issued & subscribed
Open charges
₹4 Cr
Satisfied ₹5.7 Cr
Company age
13 yrs
Est. 2013
Directors on board
2
As per MCA filings
About Sunflex Recycling Private Limited
Data last updated:
Sunflex Recycling Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the rubber and products segment of the manufacturing sector. It was incorporated on 02 May 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U37200GJ2013PTC074837. Its GSTIN is 24AATCS0192F1Z8 (Gujarat).
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.5 Cr. It is led by directors Sunitkumar Zaverbhai Patel (Managing Director) and Milind Sunitkumar Patel.
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 274/4 Opp. Gujarat High Court S.G.Highway Sola, Ahmedabad, Gujarat, India – 380060.
As per the financials filed for FY 2025, the company reported a revenue of ₹32.17 Cr, a decline of 4% compared to the previous year. For the same year it recorded a net profit of ₹74.78 Lakh (net margin 2.3%) and EBITDA of ₹2.23 Cr (EBITDA margin 6.9%). Revenue has grown at a compounded annual rate (CAGR) of 31% over three years and 20% over five years.
The company is associated with 1 brand: Sun-Flex. As per MCA filings, the company has open charges of ₹4 Cr and satisfied charges of ₹5.7 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
Sunflex Recycling Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0020845). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website rubbertiles.co.in.
Company Details of Sunflex Recycling Private Limited
CIN U37200GJ2013PTC074837
Registration Number 074837
Incorporation Date 02 May 2013
ROC Ahmedabad
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 Small
Udyam Registration UDYAM-GJ-01-0020845
Recognitions & Rankings of Sunflex Recycling
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address274/4 Opp. Gujarat High Court S.G.Highway Sola, Ahmedabad, Gujarat, India – 380060
- IndustryManufacturing, Rubber & Products
Comprehensive company report
Sunflex 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
- One PDF report, delivered after checkout
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Associated Brands with Sunflex Recycling Private Limited
Sunflex Recycling operates one associated brand: Sun-Flex. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Produces recycled rubber products for safety and ergonomic applications worldwide. | sunflexrubberflooring.com |
Business Activity of Sunflex Recycling Private Limited
The main business activity of Sunflex Recycling 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 |
Premium access
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 Sunflex Recycling Private Limited FY 2025 filings available
Sunflex Recycling Private Limited reported revenue of ₹32.17 Cr (down 4% YoY) for FY 2025.
Revenue · FY 2025
₹32.17 Cr ▼ 4%
Net profit · FY 2025
₹74.78 Lakh margin 2.3%
EBITDA · FY 2025
₹2.23 Cr margin 6.9%
Compounded Annual Growth Rate (CAGR) of Sunflex Recycling Private Limited
Revenue CAGR growth
1 year
▼ 4%
3 years · compounded
▲ 31%
5 years · compounded
▲ 20%
EBITDA CAGR growth
1 year
▼ 8%
5 years · compounded
▲ 7%
Revenue fell 4% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 20%. EBITDA fell 8% 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 Sunflex Recycling 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 | ₹2.23 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹74.78 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 of Sunflex Recycling Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2.3% | •••• | •••• | •••• | •••• |
| 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 Sunflex Recycling are in the company report.
Premium access
Financial statements from 2015
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.
Board of Directors of Sunflex Recycling Private Limited
Sunflex 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 |
|---|---|---|---|---|
| Sunitkumar Zaverbhai Patel | Managing Director | 02 May 2013 | 13 Years 5 Months | Current |
| Milind Sunitkumar Patel | Director | 15 Oct 2018 | 8 Years 0 Months | Current |
Peer Comparison of Sunflex Recycling Private Limited
Sunflex Recycling Private Limited is compared with the companies closest to it by revenue in the Cleantech industry (Recycling and Waste Treatment, Rubber). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| PRS Enviro Private Limited | ₹32.88 Cr (FY 2023) | •••• | •••• | -16.0% | •••• | Surat, Gujarat, India |
| Vajra Rubber Products Private Limited | ₹32.75 Cr (FY 2024) | •••• | •••• | 26.0% | •••• | Thrissur, Kerala, India |
| Emkay Polymers Private Limited | ₹32.71 Cr (FY 2025) | •••• | •••• | -2.0% | •••• | Kolkata, West Bengal, India |
| H B Rubber Pvt Ltd | ₹32.4 Cr (FY 2025) | •••• | •••• | 14.0% | •••• | Delhi, India |
| Eie Complete Solutions Private Limited | ₹32.36 Cr (FY 2025) | •••• | •••• | 81.0% | •••• | Delhi, India |
| Sunflex Recycling Private Limited this company | ₹32.17 Cr (FY 2025) | •••• | •••• | -4.0% | •••• | Ahmedabad, Gujarat, India |
| Ding Manpower and Securities Services Private Limited | ₹32.13 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | Haryana, India |
| Maxpride (India) Rubber Private Limited | ₹31.95 Cr (FY 2024) | •••• | •••• | 9.0% | •••• | Noida, Uttar Pradesh, India |
| Reboot Resources Private Limited | ₹31.9 Cr (FY 2024) | •••• | •••• | -9.0% | •••• | Hyderabad, Telangana, India |
| Ems-Tcp JV Private Limited | ₹31.86 Cr (FY 2025) | •••• | •••• | -15.0% | •••• | Delhi, India |
| Taylor Rubber Private Limited | ₹31.76 Cr (FY 2025) | •••• | •••• | 3.0% | •••• | Chennai, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Sunflex Recycling by revenue in the Cleantech industry (Recycling and Waste Treatment, Rubber), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Sunflex Recycling Private Limited
Sunflex Recycling Private Limited is audited by A B PANDYA & ASSOCIATES for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| A B PANDYA & ASSOCIATES | Locked | Locked | Locked |
Premium access
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Sunflex Recycling Private Limited
Premium access
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 Sunflex Recycling Private Limited
Open charges
₹4 Cr
Satisfied charges
₹5.7 Cr
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 Jul 2018 | Axis Bank Limited | ₹4 Cr | Open |
| 30 Oct 2013 | Corporation Bank | ₹5.7 Cr | Satisfied |
Total charge records: 2 View all charges
Legal Cases of Sunflex Recycling Private Limited
Sunflex Recycling Private Limited has 1 court case on record: 1 filed by Sunflex Recycling. All case is disposed. Status as checked on 03 Oct 2026.
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, Ahmedabad, Gujarat | Criminal miscellaneous application | Filed by the company against State of Gujarat | Disposed |
Premium access
Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Sunflex Recycling Private Limited
Employment history and EPFO contributions of people linked to Sunflex Recycling.
Premium access
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 Sunflex Recycling Private Limited
Sunflex Recycling Private Limited has 3 board changes on record since 2013: 2 appointments and 1 cessation. The latest: Jatinbhai Zaverbhai Patel ceased to be Director on 16 Oct 2018.
AGM
Sunflex Recycling Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Sunflex Recycling Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Axis Bank Limited of Rs. 4.00 Cr registered on 25 Jul 2018 with Charge ID 100196249 was modified on 17 May 2023.
Charges
A charge registered on 30 Oct 2013 via Charge ID 10511798 with Corporation Bank was fully satisfied on 03 Nov 2018.
Ceased
Jatinbhai Zaverbhai Patel ceased to be Director.
Appointed
Milind Sunitkumar Patel was appointed as Director.
Charges
A charge with Axis Bank Limited amounted to Rs. 4.00 Cr with Charge ID 100196249 was registered on 25 Jul 2018.
Charges
A charge with Corporation Bank amounted to Rs. 5.70 Cr with Charge ID 10511798 was registered on 30 Oct 2013.
Appointed
Sunitkumar Zaverbhai Patel was appointed as Managing Director.
Incorporation
02 May 2013
Sunflex Recycling Private Limited was registered on 02 May 2013 with Roc Ahmedabad & aged 13 years 5 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Sunflex Recycling Private Limited
Premium access
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 Sunflex Recycling Private Limited
Premium access
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 Sunflex Recycling Private Limited
Premium access
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 Sunflex Recycling Private Limited
Sunflex Recycling has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AATCS0192F1Z8 | Gujarat | Active | 01 Jul 2017 |
Premium access
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 Sunflex Recycling Private Limited
Premium access
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 Sunflex Recycling Private Limited
Sunflex Recycling is an active private limited company based in Ahmedabad, Gujarat, India. The company works in rubber and products, within the manufacturing industry. It was incorporated on 02 May 2013 (13+ years old) and is registered under CIN U37200GJ2013PTC074837.
Sunflex Recycling reported revenue of ₹32.17 Cr for FY 2025 (down 4% YoY).
Sunflex Recycling has 2 current directors:
- Sunitkumar Zaverbhai Patel - Managing Director
- Milind Sunitkumar Patel - Director
Sunflex Recycling reported a net profit of ₹74.78 Lakh (net margin 2.3%) and EBITDA of ₹2.23 Cr (EBITDA margin 6.9%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Sunflex Recycling is 31% over three years and 20% over five years. In the latest year (FY 2025) revenue fell 4%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Sunflex Recycling is 24AATCS0192F1Z8, registered in Gujarat.
The CIN (Corporate Identification Number) of Sunflex Recycling is U37200GJ2013PTC074837. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sunflex Recycling has 1 court case on record: 1 filed by the company.
Sunflex Recycling was incorporated on 02 May 2013, making it 13+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Sunflex Recycling by revenue are PRS Enviro Private Limited, Vajra Rubber Products Private Limited, Emkay Polymers Private Limited, H B Rubber Pvt Ltd, Eie Complete Solutions Private Limited and 5 more, all in the Cleantech industry (Recycling and Waste Treatment, Rubber).
Jatinbhai Zaverbhai Patel ceased to be Director on 16 Oct 2018. Milind Sunitkumar Patel was appointed as Director on 15 Oct 2018. Sunitkumar Zaverbhai Patel was appointed as Managing Director on 02 May 2013.