Recycle karo

₹0.00

0.00% 13 Nov 4:01 p.m.

Listing Status:

recyclekaro.com

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Key Metrics of Recyclekaro

Market Cap
Total Equity Funding ₹185 Cr in 8 rounds
Latest Funding Round ₹66 Cr, Series A Feb 10, 2026
Post Money Valuation ₹1,710 Cr as on Mar 31, 2026
Annual Revenue ₹221 Cr
▲ 75% YoYas on Mar 31, 2025
EBITDA ₹38 Cr
▲ 106% YoYas on Mar 31, 2025
EBITDA Margin 17.13%
▲ 18% YoYas on Mar 31, 2025
Net Profit ₹22 Cr
▲ 137% YoYas on Mar 31, 2025
Net Profit Margin 10.10%
▲ 35% YoYas on Mar 31, 2025

About the Company

Manufacturer of recycled metals and provider of electronic waste and battery recycling services. Operations include the recovery of critical minerals...

Price on BSE Volume

Funding Rounds

Total Rounds: 8 Recyclekaro

S.No.	Date	Round Name	Amount	TTM Revenue	Investors & Facilitators
1.	Feb 10, 2026	Series A	₹66 Cr	₹313 Cr	Inst: LRT, Srinivasa Mangalam Trust, Cn Infrabuild, S. Amit Speciality Chemicals, Jinendra Qualipharm, Shree MTK Textiles, The Legacy Custodians, CACPL, Lakshmi Life Sciences, PREMIER Angel: Jay, Rakkia, Ramakrishnan, Sabitha, Shyam, Gopal, Shivali, Jayavarthanavelu, Kavitha, Sharad, Sanjay, Sanjay, Uma, Bajrang, Shreyas
2.	Apr 2, 2025	Series A	₹48 Cr	₹229 Cr	Inst: Realsme, Sumati Projects, Lift & Shift India Pvt Ltd, Hi Tech Resource Management Limited, Real Light Estate, Profectus Ventures, AIG Angel: Jay, Navin, Sunil, Prashant, Rohit, Rakesh, Devashish, Shashikant, Smita
3.	Oct 23, 2024	Series A	₹44 Cr	₹181 Cr	Inst: Khandwala Finstock, shubhamfoundation, Vikasa Capital, AIG Angel: Abhishek, Shrini, Tanay, Sanjay Kumar, Bikramjit, Sachit, Tanya, Pooja, Anjali, Vipin, Ravinder Singh, Pradeep, Vijay, Raj, Balbir, Saket, Parth
4.	Apr 19, 2022	Series A	₹11 Cr	₹74 Cr	Inst: Ascent Capital, J M Global Equities, Vanshika Chemicals, Ceramet Consultants Angel: Ajay, Navin, Prasanna, Atul, Nitesh, Nailesh, Rachin, Rahul, Sudhanshu, Priya, Manisha, Ajay, Vilas, Ramila, Gaurang, Siddappa, Divya, Amit, Gothamchand, Rekha, Leena, Sandeep, Atul, Rajnikant
5.	Oct 1, 2021	Series A	₹8.1 Cr	₹46 Cr	Inst: Clarion Angel: Raji, KL, Ramakrishnan, Manish, Ashish, Bhushan, Neeta, Laxmikant, Rajiv, Atul, Sandhya
6.	Dec 3, 2020	Angel	₹5.6 Cr	₹9.7 Cr	Angel: Sudhakar, Laxmikant, Manish, Atul, Atul, Raji, Deepti, Nailesh, Nitesh, Sudhakar, Prerna, S, Jugal, Yogesh, Santosh, Anubhav, Srinivasan, Aachal, Asha, Pritam, Rushabh
7.	Mar 2, 2020	Angel	₹72.3 Lakh	₹7.1 Cr	Angel: Sudhakar, Pratap, Manish
8.	Jan 20, 2020	Angel	₹60.0 Lakh	₹7.8 Cr	Angel: Navin

Financial Statements

Revenue - INR (Cr)

Net Profit/Loss - INR (Cr)

Select a year from the tabs

FY 24-25

FY 23-24

FY 22-23

FY 21-22

FY 20-21

FY 19-20

FY 18-19

FY 17-18

FY 16-17

FY 15-16

FY 14-15

FY 13-14

Detailed Income Statement

FY 24-25 (in Cr)

220.6

218.8

Other income

1.8

190.2

Cost of materials consumed

187.7

Changes in inventories of finished goods, work-in-progress and stock-in-trade

(27.2)

Employee benefit expense

6.2

Finance costs

5.4

2.6

15.3

Consumption of stores and spare parts

Power and fuel

2.3

Rent

0.6

Repairs to building

Repairs to machinery

Insurance

0.1

1.0

Printing stationery

0.0

Travelling conveyance

0.7

Legal professional charges

1.2

Directors sitting fees

Advertising promotional expenses

0.4

1.8

Provision bad doubtful debts created

Provision bad doubtful loans advances created

Loss on disposal of intangible asset

Loss on disposal discard demolishment and destruction of depreciable tangible asset

0.2

Miscellaneous expenses

6.9

CSR expenditure

0.2

Total profit before prior period items, exceptional items, extraordinary items and tax

30.4

Prior period items before tax

(0.5)

Total profit before extraordinary items and tax

29.8

Total profit before tax

29.8

7.6

Total profit (loss) for period from continuing operations

22.3

Profit (loss) from discontinuing operations before tax

Tax expense of discontinuing operations

Total profit (loss) for period before minority interest

22.3

Profit (loss) of minority interest

Total profit (loss) for period

22.3

Basic earning per equity share

0.0

Diluted earnings per equity share

0.0

Detailed Balance Sheet

FY 24-25 (in Cr)

241.1

146.9

94.3

1.7

92.6

241.1

36.4

31.7

0.5

Deferred tax assets (net)

0.3

Other non-current assets

4.0

204.7

Detailed Cash Flow Statement	FY 24-25 (in Cr)
Cash flow from operating activities	(39.8)
Net cash from / (used in) operating activities	(39.8)
Cash flow from investing activities	(9.8)
Net cash from / (used in) investing activities	(9.8)
Cash flow from financing activities	84.6
Net cash from / (used) in financing activities	84.6
Net increase / (decrease) in cash and cash equivalents before effect of exchange rate changes	35.1
Net increase / (decrease) in cash and cash equivalents	35.1
Cash and cash equivalents at the beginning of the year	0.3
Cash and cash equivalents at the end of the year	35.4

Detailed Income Statement

FY 23-24 (in Cr)

126.1

Other income

0.1

113.1

Cost of materials consumed

97.0

Changes in inventories of finished goods, work-in-progress and stock-in-trade

(4.7)

Employee benefit expense

4.5

Finance costs

2.6

2.7

10.8

Consumption of stores and spare parts

Power and fuel

1.9

Rent

0.4

Repairs to building

Repairs to machinery

Insurance

0.1

Printing stationery

0.0

Travelling conveyance

0.3

Legal professional charges

1.1

Directors sitting fees

Advertising promotional expenses

0.1

1.3

Provision bad doubtful debts created

Provision bad doubtful loans advances created

Loss on disposal of intangible asset

Loss on disposal discard demolishment and destruction of depreciable tangible asset

0.1

Miscellaneous expenses

5.3

CSR expenditure

0.2

Total profit before prior period items, exceptional items, extraordinary items and tax

13.1

Prior period items before tax

Total profit before extraordinary items and tax

13.1

Total profit before tax

13.1

3.6

Total profit (loss) for period from continuing operations

9.4

Profit (loss) from discontinuing operations before tax

Tax expense of discontinuing operations

Total profit (loss) for period before minority interest

9.4

Profit (loss) of minority interest

Total profit (loss) for period

9.4

Basic earning per equity share

0.0

Diluted earnings per equity share

0.0

Detailed Balance Sheet

FY 23-24 (in Cr)

123.1

53.9

69.2

2.8

66.4

123.1

30.0

27.8

1.2

Deferred tax assets (net)

0.0

Other non-current assets

1.1

93.1

Detailed Cash Flow Statement	FY 23-24 (in Cr)
Cash flow from operating activities	(8.8)
Net cash from / (used in) operating activities	(8.8)
Cash flow from investing activities	(3.0)
Net cash from / (used in) investing activities	(3.0)
Cash flow from financing activities	12.1
Net cash from / (used) in financing activities	12.1
Net increase / (decrease) in cash and cash equivalents before effect of exchange rate changes	0.3
Net increase / (decrease) in cash and cash equivalents	0.3
Cash and cash equivalents at the beginning of the year	0.0
Cash and cash equivalents at the end of the year	0.3

Detailed Income Statement

FY 22-23 (in Cr)

102.6

102.0

Other income

0.6

89.5

Cost of materials consumed

82.5

Purchases of stock-in-trade

Changes in inventories of finished goods, work-in-progress and stock-in-trade

(9.6)

Employee benefit expense

4.2

Finance costs

1.0

Total depreciation, depletion and amortisation expense

2.0

9.3

Total profit before prior period items, exceptional items, extraordinary items and tax

13.1

Exceptional items before tax

Total profit before extraordinary items and tax

13.1

Extraordinary items before tax

Total profit before tax

13.1

3.5

Total profit (loss) for period from continuing operations

9.5

Profit (loss) from discontinuing operations before tax

Tax expense of discontinuing operations

Total profit (loss) from discontinuing operation after tax

Profit (loss) of minority interest

Share of profit (loss) of associates

Total profit (loss) for period

9.5

Basic earning per equity share before extraordinary items

0.0

Diluted earnings per equity share before extraordinary items

Basic earning per equity share

0.0

Diluted earnings per equity share

Detailed Balance Sheet

FY 22-23 (in Cr)

81.7

44.5

37.2

4.8

32.4

81.7

28.0

27.1

0.3

Deferred tax assets (net)

Other non-current assets

0.6

53.3

Detailed Cash Flow Statement	FY 22-23 (in Cr)

Detailed Income Statement

FY 21-22 (in Cr)

71.1

71.0

Other income

0.0

60.0

Cost of materials consumed

52.7

Purchases of stock-in-trade

Changes in inventories of finished goods, work-in-progress and stock-in-trade

0.3

Employee benefit expense

2.4

Finance costs

0.3

Total depreciation, depletion and amortisation expense

0.5

3.8

Total profit before prior period items, exceptional items, extraordinary items and tax

11.1

Exceptional items before tax

Total profit before extraordinary items and tax

11.1

Extraordinary items before tax

Total profit before tax

11.1

3.1

Total profit (loss) for period from continuing operations

7.9

Profit (loss) from discontinuing operations before tax

Tax expense of discontinuing operations

Total profit (loss) from discontinuing operation after tax

Profit (loss) of minority interest

Share of profit (loss) of associates

Total profit (loss) for period

7.9

Basic earning per equity share before extraordinary items

0.0

Diluted earnings per equity share before extraordinary items

Basic earning per equity share

0.0

Diluted earnings per equity share

Detailed Balance Sheet

FY 21-22 (in Cr)

44.0

24.1

19.8

4.8

15.0

44.0

7.1

6.0

0.3

Deferred tax assets (net)

0.1

Other non-current assets

0.7

26.3

Detailed Cash Flow Statement	FY 21-22 (in Cr)

Detailed Income Statement

FY 20-21 (in Cr)

10.6

Other income

0.0

9.8

Cost of materials consumed

7.9

Purchases of stock-in-trade

Changes in inventories of finished goods, work-in-progress and stock-in-trade

(2.1)

Employee benefit expense

1.3

Finance costs

0.1

Total depreciation, depletion and amortisation expense

0.6

2.0

Total profit before prior period items, exceptional items, extraordinary items and tax

0.8

Exceptional items before tax

Total profit before extraordinary items and tax

0.8

Extraordinary items before tax

Total profit before tax

0.8

0.4

Total profit (loss) for period from continuing operations

0.4

Profit (loss) from discontinuing operations before tax

Tax expense of discontinuing operations

Total profit (loss) from discontinuing operation after tax

Profit (loss) of minority interest

Share of profit (loss) of associates

Total profit (loss) for period

0.4

Basic earning per equity share before extraordinary items

0.0

Diluted earnings per equity share before extraordinary items

Basic earning per equity share

0.0

Diluted earnings per equity share

Detailed Balance Sheet

FY 20-21 (in Cr)

20.0

7.1

12.9

5.8

7.1

20.0

5.6

4.5

0.6

Deferred tax assets (net)

0.1

Other non-current assets

0.4

10.2

Detailed Cash Flow Statement	FY 20-21 (in Cr)

Detailed Income Statement

FY 19-20 (in Cr)

7.1

Other income

6.6

Cost of materials consumed

5.0

Purchases of stock-in-trade

Changes in inventories of finished goods, work-in-progress and stock-in-trade

Employee benefit expense

0.4

Finance costs

0.1

Total depreciation, depletion and amortisation expense

0.6

0.4

Total profit before prior period items, exceptional items, extraordinary items and tax

0.5

Exceptional items before tax

Total profit before extraordinary items and tax

0.5

Extraordinary items before tax

Total profit before tax

0.5

0.1

Total profit (loss) for period from continuing operations

0.3

Profit (loss) from discontinuing operations before tax

Tax expense of discontinuing operations

Total profit (loss) from discontinuing operation after tax

Total profit (loss) for period

0.3

Basic earning per equity share before extraordinary items

0.0

Diluted earnings per equity share before extraordinary items

Basic earning per equity share

0.0

Diluted earnings per equity share

Detailed Balance Sheet

FY 19-20 (in Cr)

10.2

1.2

9.0

1.4

7.6

10.2

3.8

3.2

0.6

Deferred tax assets (net)

0.1

Other non-current assets

6.2

Detailed Cash Flow Statement	FY 19-20 (in Cr)

Detailed Income Statement

FY 18-19 (in Cr)

11.2

Other income

0.0

11.0

Cost of materials consumed

10.4

Purchases of stock-in-trade

Changes in inventories of finished goods, work-in-progress and stock-in-trade

Employee benefit expense

0.3

Finance costs

0.0

Total depreciation, depletion and amortisation expense

0.0

0.2

Total profit before prior period items, exceptional items, extraordinary items and tax

0.2

Exceptional items before tax

Total profit before extraordinary items and tax

0.2

Extraordinary items before tax

Total profit before tax

0.2

0.1

Total profit (loss) for period from continuing operations

0.1

Profit (loss) from discontinuing operations before tax

Tax expense of discontinuing operations

Total profit (loss) from discontinuing operation after tax

Total profit (loss) for period

0.1

Basic earning per equity share before extraordinary items

0.0

Diluted earnings per equity share before extraordinary items

Basic earning per equity share

Diluted earnings per equity share

Detailed Balance Sheet

FY 18-19 (in Cr)

4.5

0.3

4.3

4.5

0.4

0.1

0.3

Deferred tax assets (net)

0.0

Other non-current assets

4.1

Detailed Cash Flow Statement	FY 18-19 (in Cr)

Detailed Income Statement

FY 17-18 (in Cr)

2.1

0.0

Other income

2.1

Cost of materials consumed

1.9

Purchases of stock-in-trade

Changes in inventories of finished goods, work-in-progress and stock-in-trade

Employee benefit expense

0.0

Finance costs

0.0

Total depreciation, depletion and amortisation expense

0.0

0.1

Total profit before prior period items, exceptional items, extraordinary items and tax

0.0

Exceptional items before tax

Total profit before extraordinary items and tax

0.0

Extraordinary items before tax

Total profit before tax

0.0

(0.0)

Total profit (loss) for period from continuing operations

0.0

Profit (loss) from discontinuing operations before tax

Tax expense of discontinuing operations

Total profit (loss) from discontinuing operation after tax

Total profit (loss) for period

0.0

Basic earning per equity share before extraordinary items

0.0

Diluted earnings per equity share before extraordinary items

Basic earning per equity share

Diluted earnings per equity share

Detailed Balance Sheet

FY 17-18 (in Cr)

2.6

0.1

2.4

2.6

0.4

0.1

0.3

Deferred tax assets (net)

0.0

Other non-current assets

2.2

Detailed Cash Flow Statement	FY 17-18 (in Cr)

Detailed Income Statement

FY 16-17 (in Cr)

5.4

4.7

0.7

Other income

0.0

5.4

Cost of materials consumed

4.6

Purchases of stock-in-trade

Changes in inventories of finished goods, work-in-progress and stock-in-trade

(0.0)

Employee benefit expense

0.2

Finance costs

0.0

Total depreciation, depletion and amortisation expense

0.0

0.6

Total profit before prior period items, exceptional items, extraordinary items and tax

0.1

Exceptional items before tax

Total profit before extraordinary items and tax

0.1

Extraordinary items before tax

Total profit before tax

0.1

0.0

Total profit (loss) for period from continuing operations

0.1

Profit (loss) from discontinuing operations before tax

Tax expense of discontinuing operations

Total profit (loss) from discontinuing operation after tax

Total profit (loss) for period

0.1

Basic earning per equity share before extraordinary items

0.0

Diluted earnings per equity share before extraordinary items

0.0

Basic earning per equity share

0.0

Diluted earnings per equity share

0.0

Detailed Balance Sheet

FY 16-17 (in Cr)

1.4

0.1

1.3

0.4

0.9

1.4

0.4

0.2

Deferred tax assets (net)

0.0

Other non-current assets

1.0

Detailed Cash Flow Statement	FY 16-17 (in Cr)

Detailed Income Statement

FY 15-16 (in Cr)

3.7

Other income

0.0

3.7

Cost of materials consumed

3.2

Purchases of stock-in-trade

Changes in inventories of finished goods, work-in-progress and stock-in-trade

0.0

Employee benefit expense

0.1

Finance costs

0.0

Total depreciation, depletion and amortisation expense

0.1

0.3

Total profit before prior period items, exceptional items, extraordinary items and tax

0.0

Exceptional items before tax

Total profit before extraordinary items and tax

0.0

Extraordinary items before tax

Total profit before tax

0.0

(0.0)

Total profit (loss) for period from continuing operations

0.0

Profit (loss) from discontinuing operations before tax

Tax expense of discontinuing operations

Total profit (loss) from discontinuing operation after tax

Total profit (loss) for period

0.0

Basic earning per equity share before extraordinary items

0.0

Diluted earnings per equity share before extraordinary items

0.0

Basic earning per equity share

0.0

Diluted earnings per equity share

0.0

Detailed Balance Sheet

FY 15-16 (in Cr)

0.8

0.1

0.7

0.3

0.4

0.8

0.4

0.2

Deferred tax assets (net)

0.0

Other non-current assets

0.4

Detailed Cash Flow Statement	FY 15-16 (in Cr)

Detailed Income Statement

FY 14-15 (in Cr)

2.6

Other income

2.5

Cost of materials consumed

2.0

Purchases of stock-in-trade

Changes in inventories of finished goods, work-in-progress and stock-in-trade

(0.0)

Employee benefit expense

0.2

Finance costs

0.0

Total depreciation, depletion and amortisation expense

0.1

0.3

Total profit before prior period items, exceptional items, extraordinary items and tax

0.1

Exceptional items before tax

Total profit before extraordinary items and tax

0.1

Extraordinary items before tax

Total profit before tax

0.1

0.0

Total profit (loss) for period from continuing operations

0.0

Profit (loss) from discontinuing operations before tax

Tax expense of discontinuing operations

Total profit (loss) from discontinuing operation after tax

Total profit (loss) for period

0.0

Basic earning per equity share before extraordinary items

0.0

Diluted earnings per equity share before extraordinary items

0.0

Basic earning per equity share

0.0

Diluted earnings per equity share

0.0

Detailed Balance Sheet

FY 14-15 (in Cr)

0.6

0.0

0.5

0.4

0.1

0.6

0.3

Deferred tax assets (net)

Other non-current assets

0.3

Detailed Cash Flow Statement	FY 14-15 (in Cr)

Detailed Income Statement

FY 13-14 (in Cr)

0.4

Cost of material consumed

0.2

(0.0)

Employee benefit Expense

0.1

Payment to Auditors

Power and fuel

Finance cost

0.0

Depreciation and Amortisation expense

0.0

Other expenses

0.1

Profit before exceptional and extraordinary items and tax

0.0

Profit before extraordinary items and tax

0.0

Profit before tax

0.0

Profit (Loss) for the period from continuing Operations

0.0

Profit/ (Loss)

0.0

EPS - Basic

0.0

EPS - Diluted

0.0

Detailed Balance Sheet

FY 13-14 (in Cr)

0.3

0.0

Share application money pending allotment

Minority interest

0.3

0.2

0.1

Detailed Cash Flow Statement	FY 13-14 (in Cr)

Shareholding Pattern

As of Mar 31, 2026 • Recyclekaro

Total Shares 0.02M

Top Shareholders

Shareholder	Category	Shares (Mn)	% Holding
Rajesh Gupta	Founder	0.01M	48.49%
ESOP Pool Available	ESOP Pool	0.00M	12.20%
Castseye Systems & Solution Private Limited	Parent Entity	0.00M	4.80%
Navin Patel	Angel	0.00M	4.07%
Ajay Padval	Other People	0.00M	3.33%