Startup Atlas · Circular Economy

Recykal

● Hyderabad, Telangana ● Founded 2016 ● recykal.com ↗
Abhay Deshpande · Founder & CEO Abhishek Deshpande · Co-Founder & COO Ekta Narain · Co-Founder & CBO Vikram Prabakar · Co-Founder Anirudha Jalan · Co-Founder & CSO
$54.61 MnTotal funding (tracked)
4Funding rounds
20 Jun 2026Last round

Recykal: Financial Breakdown

Figures below are FY2026, consolidated basis, compiled from filings and disclosures — every year cited to its source.

Rs 1,498 croreTotal revenue · +53.2% YoY
Rs 60 crore lossNet loss · loss widened 7.1% YoY

Revenue by fiscal year

050100150200$MRs 190.5 crore: $25.6M26FY2022Rs 745 crore: $92.7M93FY2023Rs 712 crore: $86M86FY2024Rs 978 crore: $115.6M116FY2025Rs 1,498 crore: $169.6M170FY2026

Net profit / loss by fiscal year

-8-6-4-202$MRs 1.26 crore profit: $0.2M0.2FY2022Rs 25.8 crore loss: $-3.2M-3.2FY2023Rs 34 crore loss: $-4.1M-4.1FY2024Rs 56 crore loss: $-6.6M-6.6FY2025Rs 60 crore loss: $-6.8M-6.8FY2026

Bars below the line are a net loss for that year.

Fiscal year Revenue Total expenses EBITDA Net profit / loss Source
FY2026 Rs 1,498 crore — — Rs 60 crore loss source
FY2025 Rs 978 crore — — Rs 56 crore loss source
FY2024 Rs 712 crore — — Rs 34 crore loss source
FY2023 Rs 745 crore — — Rs 25.8 crore loss source
FY2022 Rs 190.5 crore — — Rs 1.26 crore profit source

Nothing here is blurred or gated — every figure Atlas has is shown in full, free.

Sources & corrections. Every fact on this page is compiled from cited public sources — follow the "source" links beside each entry. Profile sources: en.wikipedia.org yourstory.com · Last verified 7 Sep 2026. · Report a correction