Company Intelligence Profile
Padcare Labs Private Limited
Pune-based clean-tech startup that recycles menstrual/sanitary-pad waste via proprietary collection bins and recovery technology.
Last updated 17 August 2026
AI-generated summary from public filings and may contain errors. Verify against the detailed sections below.
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Company Identity
Confirmed| Registered name | Padcare Labs Private Limited |
|---|---|
| CIN | U37100MH2018PTC311712 |
| PAN | AAJCP9734G |
| Status | Active |
| Listing | Unlisted (private limited company) |
| Incorporated | 10 July 2018 |
| ROC | RoC Mumbai (Maharashtra) — Tofler labels it "Maharashtra", TheCompanyCheck labels it "Mumbai"; same registrar, naming variance only |
| Sector (NIC) | NIC 37100 — waste collection/treatment/disposal; specifically menstrual/sanitary-pad waste recycling (Environment, Waste Management & Recycling) |
| Registered address |
|
| Authorized capital | Conflicting across snapshots: Tofler shows ₹5.0 Lakh |
| Paid-up capital | Conflicting across snapshots: Tofler shows ₹3.51 Lakh |
Business Overview
Confirmed- PadCare Labs is a Pune-based clean-tech/sustainability startup addressing menstrual (sanitary pad) waste management in India
- It provides proprietary collection bins and recycling technology that separate and recover plastic, cellulose/pulp and super-absorbent polymer from used sanitary pads for reuse, instead of incineration or landfill
- Per the official site (padcarelabs.com): recycles ~2.4 million pads annually, serves 1,800+ workplaces/institutions, and targets the ~98% of sanitary pad waste in India that currently goes unrecycled
- Endorsed publicly by Anand Mahindra (Mahindra Group) and Sudha Murthy (Infosys Foundation)
- DPIIT-recognised startup
Directors
Confirmed| Name | DIN | Role | Appointed |
|---|---|---|---|
| Ajinkya Vikas Dhariya | 08176514 | Director & Shareholder & Co-founder | - |
| Rekha Vikas Dhariya | 08176515 | Director & Shareholder & Co-founder | - |
| Chandrashekher Lala Das | 08207824 | Nominee Director | - |
Financials
Partial / conflictingStandalone basis:
| FY2023 (yr ended Mar-2023) | Revenue in "₹1–10 Cr" band, +162.2% YoY; Net worth +353.94% YoY; Total assets +308.1% YoY. Exact EBITDA/PAT/borrowings locked behind Tofler Pro |
|---|---|
| FY2025 | Revenue ₹14.21 Cr, +138% YoY. EBITDA and PAT marked "locked"/not disclosed |
No FY2024 figure independently obtained; no consolidated financials found (company appears to have no subsidiaries reported). Treat revenue figures as partial/unconfirmed precision since underlying MCA filings were not directly examined.
Funding
Partial / conflicting- "PadCare taps Social Alpha, Lavni, others" (Feb 2023) — investor names present but round type/amount not disclosed on the accessible page
- Tracxn (for round-name lookup only, per instructions) was not reachable at the URLs attempted (404s) within this session's remaining tool budget, so round classification/amount could not be cross-checked
- No other funding rounds, valuation, or total funds raised were found
Charges / Loans
Partial / conflicting| Tofler charges page | 2 open charges, both to ICICI Bank Limited — ₹2.0 Cr (created 30 May 2025) and ₹0.7 Cr (created 28 May 2025); total ₹2.7 Cr |
|---|---|
| TheCompanyCheck | reports total open charges of ₹9.21 Cr and satisfied charges of ₹1 Cr, with individual charge entries of ₹3 Cr (31 Oct 2025), ₹3.5 Cr (17 Sep 2025), ₹2 Cr (30 May 2025) and ₹71.3 Lakh (28 May 2025) — lender not specified for the two later (Sep/Oct 2025) entries on the accessible page, though ICICI Bank is confirmed lender for the May 2025 charges via Tofler |
Discrepancy likely reflects different data-pull dates. Treat the ₹9.21 Cr open-charges total as the more current figure, with ICICI Bank confirmed as at least one charge holder.
Legal
Confirmed- Checked Indian Kanoon (indiankanoon.org) for "Padcare Labs" and named directors (Ajinkya Dhariya, Rekha Dhariya) — no matching court cases found
- No adverse legal history identified from available sources
Competitors
Partial / conflictingFrequently Asked Questions
What does Padcare Labs Private Limited do?
What is the CIN of Padcare Labs Private Limited?
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