Organic Recycling Systems Profile
Key Indicators
- Authorised Capital ₹ 20.50 Cr
- Paid Up Capital ₹ 7.86 Cr
- Company Age 16 Year, 5 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 29.19 Cr
- Satisfied Charges ₹ 7.05 Cr
- Revenue Growth 27.54%
- Profit Growth 248.27%
- Ebitda 472.21%
- Net Worth 20.12%
- Total Assets 7.79%
About Organic Recycling Systems
Organic Recycling Systems Limited (ORSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 29 August 2008 and has a history of 16 years and five months. Its registered office is in Thane, Maharashtra.
The Corporate was formerly known as Organic Recycling Systems Private Limited. The Company is engaged in the Professional Services 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 20.50 Cr and a paid-up capital of Rs 7.86 Cr.
The company currently has active open charges totaling ₹29.19 Cr. The company has closed loans amounting to ₹7.05 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Organic Recycling Systems Limited India are Jigar Gudka as Cfo, Yashas Bhand as Ceo, and Seema Gawas as Company Secretary. Rakesh Mehra, Sarang Bhand, Amit Karia, and Two other members serve as directors at the Company.
Company Details
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LocationThane, Maharashtra
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U40106MH2008PLC186309
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Company No.
186309
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Company Classification
Public Limited Indian Non-Government Company
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Incorporation Date
29 Aug 2008
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Date of AGM
25 Aug 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Mumbai
Industry
Who are the key members and board of directors at Organic Recycling Systems?
Executive Team (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sarang Bhand
|
Managing Director | 29-Aug-2008 | Current |
| Jigar Gudka | CFO | 01-Oct-2022 | Current |
| Yashas Bhand | CEO | 01-Oct-2022 | Current |
| Seema Gawas | Company Secretary | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Janaki Bhand
|
Director | 01-Sep-2022 | Current |
|
Amit Karia
|
Director | 04-Oct-2022 | Current |
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Rakesh Mehra
|
Director | 04-Oct-2022 | Current |
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Yashas Bhand
|
Whole-Time Director | 22-Oct-2020 | Current |
Financial Performance of Organic Recycling Systems.
Organic Recycling Systems Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 27.54% increase. The company also saw a substantial improvement in profitability, with a 248.27% increase in profit. The company's net worth Soared by an impressive increase of 20.12%.
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What is the Ownership and Shareholding Structure of Organic Recycling Systems?
In 2023, Organic Recycling Systems had a promoter holding of 30.14% and a public holding of 69.86%. The company had 4 Subsidiaries and 2 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Solapur Bioenergy Systems Private LimitedSarang Bhand, Amit Karia and 2 more are mutual person
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Organic Waste (India) Private Limited
Sarang Bhand, Amit Karia and 1 more are mutual person
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Pune Urban Recyclers Private Limited
Sarang Bhand is a mutual person
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Meerut Bio-Energy Systems Private Limited
Sarang Bhand is a mutual person
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Econo Tech Services Pvt LtdRakesh Mehra is a mutual person
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Five Elements Environment Ventures Private Limited
Janaki Bhand and Yashas Bhand are mutual person
Charges (Loans)
₹29.19 Cr
₹7.05 Cr
Charges Breakdown by Lending Institutions
- Others : 28.94 Cr
- Hdfc Bank Limited : 0.25 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 07 Feb 2024 | Others | ₹5.00 M | Open |
| 15 Feb 2022 | Hdfc Bank Limited | ₹2.52 M | Open |
| 30 Mar 2016 | Others | ₹28.44 Cr | Open |
| 12 Jul 2018 | Standard Chartered Bank | ₹6.30 Cr | Satisfied |
| 16 Nov 2017 | Others | ₹7.50 M | Satisfied |
How Many Employees Work at Organic Recycling Systems?
Organic Recycling Systems has a workforce of 37 employees as of Mar 31, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Organic Recycling Systems, 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 Organic Recycling Systems's trajectory.
Rating
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
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.
