MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0110341
Think Recycling Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹5.53 Cr
▲ 113% YoY
Net profit · FY 2025
₹3.04 Lakh
Net margin 0.5%
EBITDA · FY 2025
₹9.28 Lakh
EBITDA margin 1.7%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Company age
7 yrs
Est. 2019
Directors on board
2
As per MCA filings
Active GSTINs
2
of 4 registered
About Think Recycling Private Limited
Data last updated:
Think Recycling Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 30 January 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U37100KA2019PTC120900. Its GSTIN is 29AAHCT1487A1ZB (Karnataka). The company holds 4 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 Kamal Kant Mehandiratta and Vikas Kumar.
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 B77 Kssidc Industrial Estate Bommasandra, Bangalore, Karnataka, India – 560099.
As per the financials filed for FY 2025, the company reported a revenue of ₹5.53 Cr, a growth of 113% compared to the previous year. For the same year it recorded a net profit of ₹3.04 Lakh (net margin 0.5%) and EBITDA of ₹9.28 Lakh (EBITDA margin 1.7%). Revenue has declined at a compounded annual rate (CAGR) of 23% over three years and 3% over five years.
The company is associated with 1 brand: Think Recycling.
Think Recycling Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0110341). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website thinkrecycling.in.
Company Details of Think Recycling Private Limited
CIN U37100KA2019PTC120900
Registration Number 120900
Incorporation Date 30 January 2019
ROC Bangalore
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-KR-03-0110341
Recognitions & Rankings of Think Recycling
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressB77 Kssidc Industrial Estate Bommasandra, Bangalore, Karnataka, India – 560099
- IndustryInformation Technology, IT Consulting & Support Services
Comprehensive company report
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Associated Brands with Think Recycling Private Limited
Think Recycling operates one associated brand: Think Recycling. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides comprehensive e-waste recycling solutions tailored for businesses. | thinkrecycling.in |
Business Activity of Think Recycling Private Limited
The main business activity of Think Recycling is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers retail trade, except of motor vehicles and motorcycles.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 47 | Retail trade, except of motor vehicles and motorcycles | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
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Financials of Think Recycling Private Limited FY 2025 filings available
Think Recycling Private Limited reported revenue of ₹5.53 Cr (up 113% YoY) for FY 2025.
Revenue · FY 2025
₹5.53 Cr ▲ 113%
Net profit · FY 2025
₹3.04 Lakh margin 0.5%
EBITDA · FY 2025
₹9.28 Lakh margin 1.7%
Compounded Annual Growth Rate (CAGR) of Think Recycling Private Limited
Revenue CAGR growth
1 year
▲ 113%
3 years · compounded
▲ 23%
5 years · compounded
▼ 3%
EBITDA CAGR growth
1 year
▲ 10%
3 years · compounded
▼ 11%
5 years · compounded
▲ 4%
Revenue rose 113% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 3%. EBITDA rose 10% 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 Think 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 | ₹9.28 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹3.04 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 Think Recycling Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.5% | •••• | •••• | •••• | •••• |
| 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 Think Recycling are in the company report.
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Financial statements from FY 2019
Earlier years and trend charts are in the company report.
- Income statements
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Board of Directors of Think Recycling Private Limited
Think Recycling has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kamal Kant Mehandiratta Also directs: Mirror Universe Private Limited, Asd Informatics Private Limited | Director | 30 Jan 2019 | 7 Years 8 Months | Current |
| Vikas Kumar Also directs: Mirror Universe Private Limited, Asd Informatics Private Limited | Director | 30 Jan 2019 | 7 Years 8 Months | Current |
Peer Comparison of Think Recycling Private Limited
Think Recycling Private Limited is compared with the companies closest to it by revenue in the Cleantech industry (Recycling and Waste Treatment). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Meera Envirotech Private Limited | ₹5.67 Cr (FY 2025) | •••• | •••• | 42.0% | •••• | Bangalore, Karnataka, India |
| Greenaviom Private Limited | ₹5.63 Cr (FY 2025) | •••• | •••• | -58.0% | •••• | Delhi, India |
| E - R3 Solutions Private Limited | ₹5.63 Cr (FY 2024) | •••• | •••• | 310.0% | •••• | Bangalore, Karnataka, India |
| GNR Recycling India Private Limited | ₹5.58 Cr (FY 2025) | •••• | •••• | 1557.0% | •••• | Pune, Maharashtra, India |
| Rocklink India Private Limited | ₹5.56 Cr (FY 2025) | •••• | •••• | 3459.0% | •••• | Sikandrabad, Uttar Pradesh, India |
| Think Recycling Private Limited this company | ₹5.53 Cr (FY 2025) | •••• | •••• | 113.0% | •••• | Bangalore, Karnataka, India |
| Shri Ganesh Multipack Private Limited | ₹5.52 Cr (FY 2025) | •••• | •••• | 1361.0% | •••• | Pardi, Gujarat, India |
| Reserv Itad Private Limited | ₹5.51 Cr (FY 2025) | •••• | •••• | 177.0% | •••• | Mumbai, Maharashtra, India |
| Century Refineries Private Limited | ₹5.51 Cr (FY 2024) | •••• | •••• | 34.0% | •••• | Bangalore, Karnataka, India |
| Planet Environment Services Private Limited | ₹5.5 Cr (FY 2025) | •••• | •••• | 3.0% | •••• | Kolhapur, Maharashtra, India |
| S D Engineering Services Private Limited | ₹5.48 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Aurangabad, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Think Recycling by revenue in the Cleantech industry (Recycling and Waste Treatment), 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 Think Recycling Private Limited
Think Recycling Private Limited is audited by SHEETAL GATTANI for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SHEETAL GATTANI | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Think Recycling Private Limited
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Shareholding and ownership data
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Charges & Borrowings of Think Recycling Private Limited
Think Recycling Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Think Recycling Private Limited
Employment history and EPFO contributions of people linked to Think Recycling.
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Think Recycling Private Limited
Think Recycling Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Kamal Kant Mehandiratta was appointed as Director on 30 Jan 2019.
AGM
Think Recycling Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Think Recycling Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Appointed
Kamal Kant Mehandiratta was appointed as Director.
Appointed
Vikas Kumar was appointed as Director.
Incorporation
30 Jan 2019
Think Recycling Private Limited was registered on 30 Jan 2019 with Roc Bangalore & aged 7 years 8 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Think Recycling Private Limited
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Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
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MSME Payment Delays by Think Recycling Private Limited
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Subsidiaries & Group Companies of Think Recycling Private Limited
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Corporate group structure
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GST Compliance of Think Recycling Private Limited
Think Recycling has 4 GST registrations: 2 active and 2 cancelled or inactive.
Total GSTINs
4
Active
2
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAHCT1487A1ZB | Karnataka | Active | 12 Feb 2019 |
| 07AAHCT1487A1ZH | Delhi | Active | 20 May 2019 |
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GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
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MCA Filings & Documents of Think Recycling Private Limited
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Frequently Asked Questions about Think Recycling Private Limited
Think Recycling is an active private limited company based in Bangalore, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 30 January 2019 (7+ years old) and is registered under CIN U37100KA2019PTC120900.
Think Recycling reported revenue of ₹5.53 Cr for FY 2025 (up 113% YoY).
Think Recycling has 2 current directors:
- Kamal Kant Mehandiratta - Director
- Vikas Kumar - Director
Think Recycling reported a net profit of ₹3.04 Lakh (net margin 0.5%) and EBITDA of ₹9.28 Lakh (EBITDA margin 1.7%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Think Recycling is 23% over three years and -3% over five years. In the latest year (FY 2025) revenue rose 113%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Think Recycling is 29AAHCT1487A1ZB, registered in Karnataka. The company has 4 GST registrations in all, of which 2 are active and 2 are cancelled or inactive. Other active GSTINs include 07AAHCT1487A1ZH (Delhi).
The CIN (Corporate Identification Number) of Think Recycling is U37100KA2019PTC120900. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Think Recycling was incorporated on 30 January 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Think Recycling by revenue are Meera Envirotech Private Limited, Greenaviom Private Limited, E - R3 Solutions Private Limited, GNR Recycling India Private Limited, Rocklink India Private Limited and 5 more, all in the Cleantech industry (Recycling and Waste Treatment).
Kamal Kant Mehandiratta was appointed as Director on 30 Jan 2019. Vikas Kumar was appointed as Director on 30 Jan 2019.
Yes, Think Recycling is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0110341).