MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-GJ-10-0026756
Suraj Recycling Private Limited - machinery and equipment in Jamnagar, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹16.02 Cr
▲ 21% YoY
Net profit · FY 2025
₹4.37 Lakh
Net margin 0.3%
EBITDA · FY 2025
₹30.51 Lakh
EBITDA margin 1.9%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Open charges
₹2 Cr
Satisfied ₹1.2 Cr
Company age
23 yrs
Est. 2003
Employees · EPFO
2
Provident fund records
About Suraj Recycling Private Limited
Data last updated:
Suraj Recycling Private Limited is a private limited company based in Jamnagar, Gujarat, India. It operates in the industrial tools and components segment of the machinery and industrial equipment sector. It was incorporated on 01 September 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U27109GJ2003PTC042838. Its GSTIN is 24AAHCS8803M1ZZ (Gujarat).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Sanjay Ramjibhai Bhanderi and Chirag Andani.
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 GIDC Phase 2 Daredta Jamnagar, Gujarat, India – 361004.
As per the financials filed for FY 2025, the company reported a revenue of ₹16.02 Cr, a growth of 21% compared to the previous year. For the same year it recorded a net profit of ₹4.37 Lakh (net margin 0.3%) and EBITDA of ₹30.51 Lakh (EBITDA margin 1.9%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years and 32% over five years.
The company has about 2 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Suraj Recycling. As per MCA filings, the company has open charges of ₹2 Cr and satisfied charges of ₹1.2 Cr on record. Court records list 2 cases involving the company, including 2 filed against it.
Suraj Recycling Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-GJ-10-0026756). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website surajrecycling.com.
Company details
CIN U27109GJ2003PTC042838
Registration Number 042838
Incorporation Date 01 September 2003
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 MSME
Udyam Registration UDYAM-GJ-10-0026756
Recognitions & Rankings of Suraj Recycling
Contact details
Suraj Recycling Private Limited's registered office is in Jamnagar, Gujarat. Its website is surajrecycling.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressGIDC Phase 2 Daredta Jamnagar, Gujarat, India – 361004
- IndustryMachinery and Equipment, Industrial Tools & Components
To see the full contact details of Suraj Recycling Private Limited, buy the company report.
Comprehensive company report
Suraj 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
Suraj Recycling operates one associated brand: Suraj Recycling. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing and exporting of brass and metal products in India. | surajrecycling.com |
Business activity
The main business activity of Suraj Recycling is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Suraj Recycling Private Limited, buy the company report.
Financials of Suraj Recycling Private Limited
FY 2025 filings availableSuraj Recycling Private Limited reported revenue of ₹16.02 Cr (up 21% YoY) for FY 2025.
Revenue · FY 2025
₹16.02 Cr ▲ 21%
Net profit · FY 2025
₹4.37 Lakh margin 0.3%
EBITDA · FY 2025
₹30.51 Lakh margin 1.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 21%
3 years · compounded
▼ 21%
5 years · compounded
▲ 32%
EBITDA CAGR growth
1 year
▲ 19%
3 years · compounded
▲ 15%
5 years · compounded
▲ 7%
Revenue has grown at a compounded annual rate (CAGR) of 32% over five years, including 21% growth in the latest year. EBITDA rose 19% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
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| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹30.51 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹4.37 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 | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.9% | ||||
| Net Profit Margin | 0.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Suraj Recycling Private Limited, buy the company report.
Board of directors of Suraj Recycling Private Limited
Suraj 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 |
|---|---|---|---|---|
| Sanjay Ramjibhai Bhanderi Also directs: Janki Recycling & Auto Scrap LLP | Director | 01 Sep 2003 | 23 Years 2 Months | Current |
| Chirag Andani | Director | 14 Nov 2011 | 14 Years 11 Months | Current |
Peer comparison
Suraj Recycling Private Limited is compared with the 3 companies closest to it by revenue in the Machinery and Equipment industry (Foundry and Fabrication, Tools and Components), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| PMT Innotech Private Limited | ₹16.09 Cr (FY 2025) | 7.0% | Faridabad, Haryana, India | |||
| Sant Engineering Works Private Limited | ₹16.06 Cr (FY 2025) | 10.0% | Pune, Maharashtra, India | |||
| Suraj Recycling Private Limitedthis company | ₹16.02 Cr (FY 2025) | ₹4.37 Lakh | 0.3% | 21.0% | Jamnagar, Gujarat, India | |
| Ejeyes Components Private Limited | ₹15.99 Cr (FY 2025) | 17.0% | Navi Mumbai, Maharashtra, India |
To see the full peer comparison of Suraj Recycling Private Limited, buy the company report.
Auditor
Suraj Recycling Private Limited is audited by OZA & THAKRAR for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| OZA & THAKRAR | FY 2022 | 122429W |
Shareholding
The shareholding of Suraj Recycling Private Limited is on record for 5 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 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Suraj Recycling Private Limited, buy the company report.
Charges & borrowings
Open charges
₹2 Cr
Satisfied charges
₹1.2 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Aug 2015 | 10586585 | The Nawanagar Co-Operative Bank Limited | ₹2 Cr | Open | |
| 20 Nov 2004 | 80005667 | Punjab National Bank | ₹70 Lakh | Satisfied | |
| 20 Nov 2004 | 90107017 | Punjab National Bank Ltd. | ₹50 Lakh | Satisfied |
To see the full charge records of Suraj Recycling Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Suraj Recycling Private Limited has 2 court cases on record: 2 filed against it. All cases are disposed.
Total cases
2
Filed against the company
2
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 1 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (0403-Indirect Taxes Matters : Interpretation of other notification under Customs Act) | Filed against the company by Commissioner of Customs (Preventive) Commissioner of Customs (Preventive) Sharda House, Bedi Bundar Road ,Jamnagar , Gujarat | Disposed |
| High Court, GUJARAT | Court case (TAXAP) | Filed against the company by Commissioner, Customs (Preventive) | Disposed |
To see the full case history of Suraj 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 Suraj Recycling Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Suraj Recycling has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAHCS8803M1ZZ | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Suraj Recycling Private Limited, buy the company report.
Recent activity
Suraj Recycling Private Limited has 4 board changes on record since 2003: 3 appointments and 1 cessation. The latest: Atulkumar Ramjibhai Bhanderi ceased to be Director on 01 Aug 2012.
AGM
Suraj Recycling Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Suraj Recycling Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge registered on 20 Nov 2004 via Charge ID 90107017 with Punjab National Bank Ltd. was fully satisfied on 06 Aug 2015.
Charges
A charge registered on 20 Nov 2004 via Charge ID 80005667 with Punjab National Bank was fully satisfied on 06 Aug 2015.
Charges
A charge with The Nawanagar Co-Operative Bank Limited amounted to Rs. 200.00 Lakh with Charge ID 10586585 was registered on 03 Aug 2015.
Ceased
Atulkumar Ramjibhai Bhanderi ceased to be Director.
Appointed
Chirag Andani was appointed as Director.
Charges
A charge with Punjab National Bank of Rs. 70.00 Lakh registered on 20 Nov 2004 with Charge ID 80005667 was modified on 12 May 2006.
Charges
A charge with Punjab National Bank Ltd. amounted to Rs. 50.00 Lakh with Charge ID 90107017 was registered on 20 Nov 2004.
Charges
A charge with Punjab National Bank amounted to Rs. 70.00 Lakh with Charge ID 80005667 was registered on 20 Nov 2004.
Appointed
Atulkumar Ramjibhai Bhanderi was appointed as Director.
Appointed
Sanjay Ramjibhai Bhanderi was appointed as Director.
1 earlier event is in the company report.
Frequently asked questions
Suraj Recycling is an active private limited company based in Jamnagar, Gujarat, India. The company works in industrial tools and components, within the machinery and equipment industry. It was incorporated on 01 September 2003 (23+ years old) and is registered under CIN U27109GJ2003PTC042838.
Suraj Recycling has 2 current directors:
- Sanjay Ramjibhai Bhanderi - Director
- Chirag Andani - Director
The latest financial statements of Suraj 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 Suraj Recycling is 24AAHCS8803M1ZZ, registered in Gujarat.
The CIN (Corporate Identification Number) of Suraj Recycling is U27109GJ2003PTC042838. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Suraj Recycling has 2 court cases on record: 2 filed against it. Most are in the high courts.
Suraj Recycling was incorporated on 01 September 2003, making it 23+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Suraj Recycling by revenue are PMT Innotech Private Limited, Sant Engineering Works Private Limited, Ejeyes Components Private Limited, all in the Machinery and Equipment industry (Foundry and Fabrication, Tools and Components), with the same principal business activity (metal and metal products).
Atulkumar Ramjibhai Bhanderi ceased to be Director on 01 Aug 2012. Chirag Andani was appointed as Director on 14 Nov 2011. Atulkumar Ramjibhai Bhanderi was appointed as Director on 01 Sep 2003. Suraj Recycling has 4 board changes on record in total.
Yes, Suraj Recycling is registered as an MSME under Udyam registration (number: UDYAM-GJ-10-0026756).
Suraj Recycling can be reached through the website surajrecycling.com. Its registered office is in Jamnagar, Gujarat, India.
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