Eco Recycling Limited announced its audited financial results for the fourth quarter and financial year ended March 31, 2026, following a Board meeting held on April 27, 2026. The company operates in the single business segment of E-waste Management. The results were reviewed by the Audit Committee and audited by M/s DMKH & Co., Chartered Accountants.

Financial Performance Highlights

On standalone basis, the company reported revenue from operations of ₹4,818 lakhs for FY26, compared to ₹4,396 lakhs in the previous year. Total income increased to ₹5,308 lakhs from ₹4,656 lakhs in FY25. Net profit for the year stood at ₹2,377 lakhs, slightly lower than ₹2,333 lakhs in the previous year. For the quarter ended March 31, 2026, revenue from operations was ₹1,861 lakhs, with net profit of ₹933 lakhs. Basic and diluted earnings per share (EPS) for FY26 were recorded at ₹12.32.

Consolidated Results

On consolidated basis, total income for FY26 reached ₹5,281 lakhs, up from ₹4,630 lakhs in the previous year. Net profit after tax for the year was ₹2,290 lakhs, compared to ₹2,338 lakhs in FY25. The consolidated results include the performance of wholly owned subsidiary Ecoreco Enviro Education Pvt Ltd and Ecoreco Park Pvt Ltd. Basic and diluted EPS on consolidated basis stood at ₹11.87 for FY26.

Balance Sheet Position

The standalone balance sheet as of March 31, 2026, showed total assets of ₹13,284 lakhs, compared to ₹10,773 lakhs in the previous year. Total equity increased to ₹11,162 lakhs from ₹8,828 lakhs. Cash and cash equivalents improved significantly to ₹1,314 lakhs from ₹223 lakhs. The consolidated balance sheet reflected total assets of ₹13,468 lakhs, with total equity at ₹11,205 lakhs.

Subsidiary Acquisition Approved

The Board approved the acquisition of the remaining 21.74% stake in Ecoreco Park Private Limited (EPPL) from minority shareholders to make it a wholly owned subsidiary. The transaction value was determined at ₹193 lakhs based on a valuation report by registered valuer Mr. Dinesh Kumar Deora. The fair value per equity share, including a 30% control premium, was assessed at ₹38.65. The related parties to the transaction include Eco Remarketing Pvt Ltd, Aruna Soni, B K Soni, and B K Soni (HUF).

Regulatory Compliance

Pursuant to Regulation 47(1)(b) and Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company published newspaper advertisements containing extract of audited financial results on April 29, 2026. The publication appeared in Business Standard (English edition) and Mumbai Lakshadweep (Marathi edition), and included a Quick Response (QR) code and weblink to access complete financial results.

Auditor's Emphasis

The company drew attention to an emphasis of matter in the auditor's report regarding the reassessment of the incremental borrowing rate (IBR) used for measuring lease liabilities under Ind AS 116. The IBR was revised from 13.5% to 9.5%, effective from the quarter ended March 31, 2026. This remeasurement of lease liabilities and corresponding right-of-use assets resulted in a net impact of ₹97.37 lakhs being recognized in the Statement of Profit and Loss for the quarter, consequently reducing the profit for the quarter by ₹97.37 lakhs.

Eco recycling Limited has filed its quarterly compliance certificate with stock exchanges, fulfilling regulatory obligations under SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended March 31, 2026.

Regulatory Compliance Filing

The company submitted the mandatory certificate under Regulation 74(5) on April 07, 2026, through its Company Secretary and Compliance Officer, Arvindra Singh Parmar. The filing was made to the Listing Compliance Department of BSE Limited as part of routine quarterly compliance requirements.

Certificate Confirmation

Bigshare Services Private Limited, serving as the company's Registrar & Transfer Agent, issued the compliance certificate dated April 07, 2026. The certificate was signed by Akash Shamal, Authorised Signatory of Bigshare Services.

Dematerialization Process Compliance

The certificate confirms that Eco Recycling Limited maintained proper compliance with dematerialization procedures during Q4FY26. Key compliance aspects covered include:

• Securities received from depository participants for dematerialization up to March 31, 2026 were properly confirmed to depositories
• All securities comprised in certificates have been listed on stock exchanges where previously issued securities are listed
• Security certificates received for dematerialization were mutilated and cancelled after due verification
• Depository names were substituted in the register of members as registered owners within the mandated 15-day period

This quarterly filing represents standard regulatory compliance for listed companies, ensuring transparency in securities handling and depository operations during the reporting period.