Organic Recycling Systems Limited (ORSL) has entered into a strategic business development and service collaboration with General Carbon Advisory Services Private Limited to strengthen its sustainability and carbon management service offerings. The partnership carries a focused emphasis on Carbon Border Adjustment Mechanism (CBAM) advisory and compliance support, marking a significant expansion of ORSL's service portfolio beyond its established capabilities in waste valorisation, bioenergy, and environmental engineering.

Strategic Collaboration Details

Under this engagement, ORSL will leverage its strong industrial relationships, market presence, and sectoral understanding to identify and support organizations requiring CBAM preparedness, carbon reporting, emissions data management, and related sustainability compliance services. General Carbon Advisory Services will provide specialized technical advisory, assessments, reporting frameworks, and verification support as part of the integrated service offering.

The collaboration will focus on delivering the following services:

• CBAM readiness assessments
• Emissions data review and reporting support
• Carbon accounting and documentation frameworks
• Supplier engagement and sustainability reporting systems
• Verification and assurance coordination support
• Broader decarbonisation and climate compliance advisory

Leadership Perspectives

Speaking on the development, Yashas Bhand, Whole-time Director, ORSL, stated: "As global markets move toward stricter carbon accountability frameworks, Indian industry requires practical and credible support to remain competitive. This collaboration strengthens ORSL's ability to support clients with sustainability, carbon compliance, and decarbonisation advisory services while building long-term value-driven relationships."

Priyanka Pothana, MD and CEO, General Carbon Advisory Services Ltd., commented: "With carbon regulations such as CBAM effectively translating emissions into direct financial liabilities, businesses need to approach carbon management with the same rigor as financial planning. Our collaboration with ORSL enables us to support organizations in not only meeting compliance requirements, but doing so through a structured, strategy-led approach. By integrating carbon data, financial impact assessment, and forward-looking decarbonisation strategies, we aim to help companies turn regulatory pressure into a strategic lever reducing tax exposure while building long-term competitiveness in a carbon-constrained global market."

About the Collaborating Companies

Organic Recycling Systems Limited is a pioneering environmental engineering company specializing in sustainable waste management and valorisation solutions, established in 2008 by technocrats. ORSL operates India's first municipal solid waste (MSW) processing plant based on a patented anaerobic biomethanation process, recognized by the Government of India under the National Master Plan. The company's research and innovation efforts are reinforced through collaborations with institutions such as IIT Bombay (IITB), AGH University Poland, and University of Birmingham (UOB).

Established in 2009, General Carbon Advisory Services Private Limited (GC Advisory) is a sustainability and carbon advisory firm with a track record of structuring carbon and climate finance transactions across India and Southeast Asia. The firm has served over 250+ clients across India, Southeast Asia, Africa, and the Middle East, and has been recognized as the Best Carbon Asset Management Company in Asia for two consecutive years. GC Advisory operates with offices in Mumbai and Hyderabad and a team of 25 subject matter experts, offering services spanning ESG and sustainability, carbon markets, climate strategy, life cycle assessment, and energy advisory across compliance frameworks including GRI, BRSR, IFRS, ESRS, CDP, TCFD, and CBAM.

Organic Recycling Systems Limited announced its audited standalone and consolidated financial results for FY26, following a Board of Directors meeting held on April 24, 2026. The cleantech company reported exceptional growth across all key financial metrics, with statutory auditors M/s. Jayesh Sanghrajka & Co. LLP issuing an unmodified opinion on the results.

Outstanding Financial Performance

The company delivered remarkable consolidated financial performance for FY26. Revenue from operations surged 117.14% to INR 1,050.75 Mn compared to INR 483.91 Mn in FY25. Total income increased to INR 1,056.79 Mn from INR 487.32 Mn in the previous year. Profit after tax grew substantially by 60.56% to INR 250.81 Mn, up from INR 156.21 Mn in FY25.

Strong Half-Yearly Performance

The second half of FY26 demonstrated accelerated growth momentum. H2FY26 revenue from operations increased 141.73% to INR 744.96 Mn compared to INR 308.18 Mn in H2FY25. EBITDA grew 33.33% to INR 155.77 Mn, while PAT increased 45.96% to INR 129.82 Mn during the same period.

Strategic Business Expansion

The Board approved significant expansion into Build-Own-Operate (BOO) projects in Agro Valorisation, focusing on Compressed Biogas (CBG) production and circular agri-resource management. The company plans five projects with an aggregate investment of INR 1,000.00 crore, with estimated capital expenditure of approximately INR 200.00 crore per project. The company proposes to commit approximately INR 500.00 crore to be deployed in phases over the project development cycle.

Key Appointments and Developments

The Board appointed Mr. Rahul Shetye as Head-Human Resources effective May 4, 2026. Mr. Shetye brings 21 years of extensive HR-Business Partner experience across various industries including Telecom, IT, Retail, BPO/KPO, Shipping & Logistics, Manufacturing, and Service sectors.

Research and Innovation Milestones

The company achieved several significant R&D milestones during FY26. ORS Research & Innovation Centre (ORS-RIC) received NABL accreditation under ISO/IEC 17025:2017, enabling testing, validation services, and third-party R&D certification. The company was awarded a DBT-BIRAC grant to develop India's first BIO-CCU platform for CO2 valorisation into fuels and chemicals.

Management Outlook

Managing Director Mr. Sarang Bhand expressed satisfaction with the strong financial and operational performance, highlighting improved execution and scale-up across projects. The company achieved its guided PAT of INR 25.00 crore for FY26 and provided guidance for approximately 30% year-on-year revenue growth for FY27, supported by a strong execution pipeline and continued business momentum.

The company's consolidated assets as of March 31, 2026, totaled INR 2,103.48 Mn compared to INR 1,833.54 Mn in the previous year, reflecting the robust growth trajectory and strategic investments in expanding operations.