Eco Recycling Limited

Provides e-waste management and recycling services including data destruction, asset management, and ERP implementation.

1994 | Mumbai, Maharashtra (India) | Active
Last Updated: October 04, 2024

Eco Recycling Profile

Key Indicators

  • Authorised Capital ₹ 30.00 Cr
  • Paid Up Capital ₹ 19.30 Cr
  • Company Age 30 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 19.91 Cr
  • Revenue Growth -20.46%
  • Profit Growth -50.62%
  • Ebitda 48.73%
  • Net Worth -5.95%
  • Total Assets -6.21%

About Eco Recycling

Eco Recycling Limited (ERL) is a leading Public Limited Indian Non-Government Company incorporated in India on 01 August 1994 and has a history of 30 years and six months. Its registered office is in Mumbai, Maharashtra, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 530643.

The Corporate was formerly known as Infotrek Syscom Limited. The Company is engaged in the Environment Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 30.00 Cr and a paid-up capital of Rs 19.30 Cr.

The company has closed loans amounting to ₹19.91 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Eco Recycling Limited India are Maneesha Jena as COMPANY SECRETARY and Shashank Soni as Cfo. Brijkishor Soni, Aruna Soni, Srikrishna Bhamidipati, and Three other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    ecoreco.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L74120MH1994PLC079971

  • Company No.

    079971

  • Stock Symbol

    BSE : 530643

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    01 Aug 1994

  • Date of AGM

    28 Aug 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Mumbai

Industry

Environment

What products or services does Eco Recycling Limited offer?

Eco Recycling Limited offers a wide range of products and services, including Software Development & IT Consultant, ERP Solutions, Business Auditing & Valuation, Valuation Services, Waste Recycling Services, Electronic Waste Recycling Services.

Who are the key members and board of directors at Eco Recycling?

Executive Team (3)

NameDesignationAppointment DateStatus
Brijkishor Soni Country flag representing In Managing Director01-Aug-1994Current
Maneesha Jena Company Secretary12-Mar-2024Current
Shashank Soni CFO16-May-2020Current

Board Members (5)

NameDesignationAppointment DateStatus
Giriraj Bhattar Country flag representing In Director 12-Feb-2021Current
Aruna Soni Country flag representing In Director 28-Aug-1998Current
Srikrishna Bhamidipati Country flag representing In Director 14-Mar-2003Current
Shashank Soni Country flag representing In Director 01-Oct-2013Current
Dattatraya Devale Country flag representing In Director 16-May-2015Current

Financial Performance of Eco Recycling.

Eco Recycling Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 20.46% decrease. The company also saw a substantial fall in profitability, with a 50.62% decrease in profit. The company's net worth dipped by a decrease of 5.95%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-20.46%
Revenue from Operations
17.40%
Total Assets
-6.21%
Profit or Loss
-50.62%
Net Worth
-5.95%
EBITDA
48.73%

What is the Ownership and Shareholding Structure of Eco Recycling?

In 2022, Eco Recycling had a promoter holding of 72.96% and a public holding of 27.03%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹19.91 Cr

Charges Breakdown by Lending Institutions

  • The Catholic Syrian Bank Ltd : 12.71 Cr
  • Others : 6.97 Cr
  • Dombivili Nagari Sahakari Bank Ltd. : 0.23 Cr

Latest Charge Details

DateLenderAmountStatus
06 Sep 2023Others₹6.97 CrSatisfied
25 Aug 2014The Catholic Syrian Bank Ltd₹4.62 MSatisfied
25 Aug 2014The Catholic Syrian Bank Ltd₹1.25 CrSatisfied
30 May 2012The Catholic Syrian Bank Ltd₹5.00 CrSatisfied
12 Oct 2010The Catholic Syrian Bank Ltd₹6.00 CrSatisfied

How Many Employees Work at Eco Recycling?

Eco Recycling has a workforce of 38 employees as of Apr 07, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Eco Recycling, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Eco Recycling's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Eco Recycling

Recent activity within the organization

  • Director Appointment

    Maneesha Jena was appointed as a Company Secretary was appointed as a Company Secretary on 12 Mar 2024 & has been associated with this company since 11 months 12 days .

    12 Mar 2024

  • Charges

    A charge registered on 06 Sep 2023 via Charge ID 100832541 with Others was fully satisfied on 05 Mar 2024.

    05 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 6.97 Cr with Charge ID 100832541 was registered on 06 Sep 2023.

    06 Sep 2023

  • Annual General Meeting

    Eco Recycling Limited last Annual general meeting of members was held on 28 Aug 2023 as per latest MCA records.

    28 Aug 2023

  • Balance Sheet

    Eco Recycling Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge registered on 12 Aug 2000 via Charge ID 90157548 with Dombivili Nagari Sahakari Bank Ltd. was fully satisfied on 23 Jan 2020.

    23 Jan 2020

Frequently asked questions

  • Eco Recycling Limited was incorporated on 01 Aug 1994.

  • The authorized share capital of Eco Recycling Limited is ₹ 30.00 Cr and paid-up capital is ₹ 19.30 Cr.

  • Currently 8 directors are associated with Eco Recycling Limited.

    • Brijkishor Kishangopal Soni
    • Aruna Soni
    • Srikrishna Bhamidipati
    • Shashank Soni
    • Dattatraya Trimbak Devale
    • Giriraj Shankarlal Bhattar
    • Maneesha Jena
    • Shashank Soni
  • As per Ministry of Corporate Affairs (Mca), the registered address of Eco Recycling Limited is Unit No.422 4Th Floor The Summit Business Bay Near, Cine Max Theater Andheri Kurla Road Andheri (E), Mumbai, Maharashtra, India, 400093.

  • The corporate identification number (CIN) of Eco Recycling Limited is L74120MH1994PLC079971 and the company number is 079971 as per Ministry of Corporate Affairs (MCA).

  • Yes, Eco Recycling Limited is registered on Bombay Stock Exchange (BSE).

  • The Official website of Eco Recycling Limited is https://www.ecoreco.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Eco Recycling Limited has fallen by -20.46%.

  • As Per 2023 financial reports, 38 employees are currently employed by Eco Recycling Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Eco Recycling Limited has experienced an downturn of -5.95%.

  • The most recent Balance Sheet for Eco Recycling Limited was filed with the ROC on 31 Mar 2023.

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