Organic Recycling Systems Limited announced its audited standalone and consolidated financial results for the financial year ended March 31, 2026, following a Board of Directors meeting held on April 24, 2026. The company, operating in the cleantech sector, reported significant growth in both revenue and profitability for the fiscal year. The statutory auditors, M/s. Jayesh Sanghrajka & Co. LLP, issued an unmodified opinion on the financial results.

The consolidated financial performance showed substantial improvement across key metrics. Revenue from operations for FY26 stood at INR 10,507.46 lakhs, compared to INR 4,839.06 lakhs in the previous year. Total income increased to INR 10,567.87 lakhs from INR 4,873.22 lakhs in FY25. Profit for the year rose to INR 2,508.06 lakhs, up from INR 1,562.05 lakhs in the preceding fiscal year. Basic earnings per share improved to INR 28.96 from INR 20.27 in the previous year.

On a standalone basis, the company reported revenue from operations of INR 4,375.93 lakhs for FY26, compared to INR 2,737.59 lakhs in the previous year. Total standalone income increased to INR 4,416.67 lakhs from INR 2,760.94 lakhs. Standalone profit for the year stood at INR 402.39 lakhs, up from INR 331.97 lakhs in FY25. Basic earnings per share on a standalone basis improved to INR 4.65 from INR 4.31 in the previous year.

The Board approved several key decisions during the meeting. Notably, the company proposed expansion into integrated Build-Own-Operate (BOO) projects in the field of Agro Valorisation. The new business line will focus on Compressed Biogas (CBG) production and circular agri-resource management. The estimated capital expenditure is approximately INR 200 crore per project, with plans for five projects aggregating to INR 1,000 crore. The company proposes to commit approximately INR 500 crore to be deployed in a phased manner over the project development cycle.

In a significant organizational development, 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 industry.

The company's consolidated assets as of March 31, 2026, totaled INR 21,034.81 lakhs, compared to INR 18,334.80 lakhs in the previous year. Total equity stood at INR 12,311.80 lakhs, while total liabilities amounted to INR 8,723.01 lakhs. The group comprises four wholly owned subsidiaries, two associate companies, and one wholly owned partnership firm, operating primarily in the bioenergy and waste management sector.

Organic recycling systems Limited has received a substantial acquisition disclosure from investor Suhrud Chimanbhai Patel under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The disclosure reveals a reduction in Patel's shareholding through an open market sale transaction.

Transaction Details

The disclosure shows that Patel sold 7,200 equity shares of the company through open market transactions. This sale represents 0.08% of the company's total paid-up equity share capital.

Shareholding Changes

Prior to this transaction, Patel held 555,243 shares carrying voting rights, representing 6.41% of the company's total share capital. Following the sale of 7,200 shares, his holding has been reduced to 548,043 shares, which now represents 6.32% of the total voting capital.

Company Information

Organic Recycling Systems Limited's shares are listed on BSE Limited under the SME segment with the scrip symbol ORGANICREC (543997). The company's equity share capital consists of shares with a face value of Rs. 10 each.

Regulatory Compliance

The disclosure was made pursuant to Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Patel does not belong to the promoter or promoter group of the company. The disclosure confirms that there are no encumbrances, warrants, or convertible securities involved in this transaction.

The filing indicates that the acquirer held no shares in the nature of encumbrance and possessed no voting rights other than through equity shares. Similarly, no warrants or convertible securities that could entitle the holder to receive shares carrying voting rights were involved in this transaction.