Urban Enviro Waste Management Secures 33 Orders Across Maharashtra, Gujarat, and Rajasthan in FY 2025-26 and FY 2026-27

6 min read     Updated on 12 May 2026, 09:44 AM
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Urban Enviro Waste Management procured 25 orders in FY 2025-26 with a total annual billing value of ₹42.26 Crores, spanning municipalities across Maharashtra, Gujarat, and Rajasthan. In FY 2026-27, the company has secured an additional 8 orders with a combined annual billing value of ₹28.05 Crores up to 10th May 2026. The contracts cover a broad range of urban sanitation services including solid waste collection, transportation, processing, road sweeping, and facility management, with tenures ranging from 2 months to 5 years. The Bilimora Nagarpalika legacy waste processing contract under Swachh Bharat Mission-2.0 represents the highest individual annual billing at ₹16.97 Crore.

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urban enviro waste management has released a detailed business update outlining its order procurement activity for FY 2025-26 and the ongoing FY 2026-27. The company has secured a combined total of 33 orders across three states — Maharashtra, Gujarat, and Rajasthan — covering a wide range of urban solid waste management services including door-to-door collection, transportation, processing, road sweeping, drain cleaning, and facility management.

Order Procurement Summary

The company's order book reflects strong activity across both fiscal years. The following table summarises the aggregate order procurement data:

Metric: FY 2025-26 FY 2026-27 (till 10th May 2026)
Total Orders Procured: 25 8
Total Annual Billing Value: ₹42.26 Crores ₹28.05 Crores

FY 2025-26 Order Details

In FY 2025-26, Urban Enviro Waste Management procured 25 orders spanning municipalities and urban local bodies across Maharashtra, Gujarat, and Rajasthan. The contracts range from short-term engagements of 1–2 months to long-term concessions of up to 5 years, covering diverse solid waste management functions. The table below presents the complete order details for FY 2025-26:

Sr No. Contract Description Local Body State Contract Type Tenure Start Date End Date Approx. Monthly Billing (₹) Annual Billing Value (₹ Crore)
1 Collection of Solid Waste from House to House and transportation to SWM site and sweeping of main road and Drain Cleaning — Nagar Panchayat Sindewahi Lonwahi Sindewahi Lonwahi Maharashtra Short 1 Year 04-Jun-25 04-Jun-26 3,52,011.17 0.42
2 Processing of Solid Waste at SWM Site — Nagar Panchayat Sindewahi Lonwahi Sindewahi Lonwahi Maharashtra Short 1 Year 04-Jun-25 04-Jun-26 1,60,409.42 0.19
3 Collection and transportation of segregated solid waste (dry and wet) — Akola Municipal Corporation Akola Municipal Corporation Maharashtra Long 5 Years 29-Aug-25 31-Aug-30 27,55,000.00 3.31
4 Daily Municipal Solid Waste collection, transportation, processing and disposal — MC Tirora MC Tirora Maharashtra Short 10 Months 02-Jan-26 31-Oct-26 13,00,014.83 1.56
5 Collection, transportation, processing, sweeping, drain cleaning, public toilet maintenance and insecticide spraying — Mul Nagar Parishad Mul Nagar Parishad Maharashtra Short 10 Months 30-Oct-25 30-Jul-26 19,43,744.00 2.33
6 Door-to-Door Collection & Transportation — Balasinor Nagarpalika Balasinor Gujarat Short 1 Year 01-Jun-25 30-May-26 6,97,623.58 0.84
7 Sweeping/Cleaning — All Wards (1 to 9) of Anjar Nagarpalika Anjar Nagarpalika Gujarat Short 2 Years 01-May-25 30-Apr-27 32,39,507.00 3.89
8 Road/Street Sweeping — Anklav Nagarpalika Anklav Nagarpalika Gujarat Short 1 Year 17-May-25 16-May-26 5,55,609.95 0.67
9 Development of Solid Waste Processing Plant (Dry and Wet Waste) — Savarkundla Municipality Savarkundla Municipality Gujarat Short 1 Year 01-Sep-25 01-Sep-26 8,33,333.33 1.00
10 Door-to-Door/Gate/Spot/GVP MSW Collection and Transportation — Thangadh Nagarpalika Thangadh Nagarpalika Gujarat Short 1 Year 01-Jul-25 30-Jun-26 6,16,159.62 0.74
11 Collection, Transportation, and Disposal of Waste from All Wards (1 to 13) — Morbi Municipal Corporation Morbi Gujarat Short 1 Year 01-Aug-25 31-Jul-26 15,90,000.00 1.91
12 Road Sweeping, Door-to-Door Garbage Collection and Property Cleaning — Jambusar Nagarpalika Jambusar Nagar Sevasadan Gujarat Short 1 Year 10-Jul-25 09-Jul-26 15,71,868.67 1.89
13 Processing of Legacy Solid Waste at Dumping Site under Swachh Bharat Mission-2.0 — Bilimora Nagarpalika Bilimora Nagarpalika Gujarat Short 2 Months 05-Sep-25 31-Mar-26 1,41,38,333.00 16.97
14 Development of Solid Waste Processing Plant (Design, Build, Operate and Transfer) — Thangadh Nagarpalika Thangadh Nagarpalika Gujarat Short 1 Year 01-Jun-25 31-May-26 10,73,738.58 1.29
15 Collection, Transportation, Unloading; Dry Waste — Taluka Panchayat Dabhoi Taluka Panchayat Dabhoi Gujarat Long 3 Years 02-Oct-25 02-Oct-28 5,53,298.00 0.66
16 Manpower Services for Various Work Departments — Dwarka Nagarpalika Dwarka Nagarpalika Gujarat Short 1 Year 01-Aug-25 30-Jul-26 13,74,374.00 1.65
17 Door-to-Door Garbage Collection, Open Spot Garbage Collection and Transportation — Valsad Municipality Valsad Nagar Seva Sadan Gujarat Short 1 Year + 2 (Extend) 31-Mar-26 31-Mar-28 24,63,920.67 2.96
18 Road Sweeping, Cleaning and Public Toilet Block Garden Services — Petlad Municipality Petlad Nagarpalika Gujarat Short 1 Year 01-Apr-26 20-Mar-27 5,76,587.50 0.69
19 Door-to-Door/Gate/Spot/GVP MSW Collection and Transportation — Karamsad Anand Municipal Corporation Karamsad Anand Municipal Corporation Gujarat Short 1 + 2 Years 16-Mar-26 15-Mar-29 24,70,507.85 2.96
20 Development of Solid Waste Processing Plant (Design, Build, Operate and Transfer) under SBM Urban 2.0 — Palitana Nagarpalika Palitana Nagarpalika Gujarat Short 1- and 7-year O&M 01-Apr-26 01-Nov-27 19,30,833.33 2.32
21 Operation and Maintenance (O&M) of Solid Waste Processing Plant — Halol Nagar Palika Halol Nagar Seva Sadan Gujarat Short 1 Year 01-Apr-26 01-Apr-27 7,39,833.33 0.89
22 Providing Hooper Vehicles — Nagar Nigam Jaipur Greater Nagar Nigam Jaipur Greater Rajasthan Long 2 Years 01-Jul-25 30-Apr-28 14,60,000 1.75
23 Door-to-Door Household Waste Collection, Segregation and Transportation — Nagar Nigam Jaipur Heritage-Hawamahal Amer Zone Nagar Nigam Jaipur Heritage-Hawamahal Amer Zone Rajasthan Long 2 Years 28-May-25 27-May-27 79,44,300 9.53
24 Rate Contract for Toilet Maintenance under SBM — Pali Nagar Parishad Pali Nagar Parishad Rajasthan Long 1 Year 10-Sep-25 09-Sep-26 3,56,110 0.43
25 Door-to-Door Household Waste Collection, Segregation and Transportation using Geo-Fencing, VTS & RFID Based Monitoring — Nagar Nigam Pali Nagar Nigam Pali Rajasthan Long 2+1 Years 10-May-26 10-May-29 9.48

Geographic and Contractual Spread

The FY 2025-26 order portfolio demonstrates broad geographic diversification. Gujarat accounts for the largest share of contracts by number, followed by Maharashtra and Rajasthan. Contract tenures vary significantly — from short-term engagements of 2 months (Bilimora Nagarpalika legacy waste processing) to long-term concessions of up to 5 years (Akola Municipal Corporation). The Bilimora Nagarpalika contract carries the highest individual annual billing value at ₹16.97 Crore, followed by Nagar Nigam Jaipur Heritage-Hawamahal Amer Zone at ₹9.53 Crore and Nagar Nigam Pali at ₹9.48 Crore.

FY 2026-27 Early Order Momentum

In FY 2026-27, up to 10th May 2026, Urban Enviro Waste Management has already procured 8 orders with a combined annual billing value of ₹28.05 Crores. This early-year order activity reflects continued engagement with urban local bodies across the company's operational geographies. The contracts secured so far in FY 2026-27 span services consistent with the company's established portfolio in solid waste management and urban sanitation.

Key Highlights

  • FY 2025-26: 25 orders secured with total annual billing value of ₹42.26 Crores
  • FY 2026-27 (till 10th May 2026): 8 orders secured with total annual billing value of ₹28.05 Crores
  • Contracts cover Maharashtra, Gujarat, and Rajasthan
  • Services include door-to-door waste collection, transportation, processing, road sweeping, drain cleaning, public toilet maintenance, manpower services, and solid waste processing plant development and O&M
  • Contract types include both short-term (under 3 years) and long-term (3 years and above) engagements
  • Largest single contract by annual billing: ₹16.97 Crore (Bilimora Nagarpalika, Gujarat — Legacy Solid Waste Processing under Swachh Bharat Mission-2.0)

Historical Stock Returns for Urban Enviro Waste Management

1 Day5 Days1 Month6 Months1 Year5 Years
-0.84%-4.90%+3.23%-13.19%-18.77%+15.04%

Given that FY 2026-27 already shows ₹28.05 Crores in annual billing value within just 40 days, could Urban Enviro's full-year order book for FY 2026-27 significantly surpass FY 2025-26's ₹42.26 Crores?

With a heavy concentration of short-term contracts (under 3 years), how might Urban Enviro's revenue visibility and margin stability be affected if renewal rates decline in competitive municipal bidding cycles?

As the Swachh Bharat Mission-2.0 drives legacy waste processing contracts like the high-value Bilimora deal, which new states or urban local bodies could Urban Enviro target for geographic expansion beyond Maharashtra, Gujarat, and Rajasthan?

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Urban Enviro Waste Management Receives NSE In-Principle Approval for Issuance of 32,00,000 Equity Shares via Warrant Conversion

2 min read     Updated on 09 May 2026, 01:25 PM
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Urban Enviro Waste Management Limited has received NSE in-principle approval for the issuance of 32,00,000 equity shares of Rs. 10/- each, arising from the conversion of preferentially issued warrants, vide NSE reference NSE/LIST/54201 dated May 06, 2026. The approval is subject to multiple regulatory and compliance conditions, including timely filing of the listing application and receipt of all statutory approvals. NSE has additionally directed the company to strengthen internal controls over allottee trading activity prior to the allotment date. The intimation was filed by the company on May 08, 2026, in compliance with Regulation 30 of the SEBI (LODR) Regulations, 2015.

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Urban Enviro Waste Management Limited has received in-principle approval from the National Stock Exchange of India Limited (NSE) for the issuance of 32,00,000 equity shares of Rs. 10/- each. The approval pertains to the conversion of warrants issued on a preferential basis, in terms of Regulation 28(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company disclosed this development to the exchange on May 08, 2026, pursuant to Regulation 30 of the SEBI (LODR) Regulations, 2015.

Approval Details

The NSE granted its in-principle approval vide reference number NSE/LIST/54201 dated May 06, 2026. The key details of the approved issuance are summarised below:

Parameter: Details
Number of Equity Shares: 32,00,000
Face Value per Share: Rs. 10/- each
Nature of Issue: Conversion of warrants on preferential basis
NSE Reference: NSE/LIST/54201
Approval Date: May 06, 2026
Intimation Date: May 08, 2026

Conditions Attached to the Approval

The in-principle approval has been granted subject to the company fulfilling the following conditions as stipulated by NSE:

  • Filing the listing application at the earliest from the date of allotment
  • Receipt of statutory and other approvals, and compliance with guidelines/regulations issued by statutory authorities including SEBI, RBI, and MCA
  • Compliance with all applicable guidelines, regulations, and directions of the exchange or any statutory authorities as on the date of the listing application
  • Compliance with all conditions as per the SEBI (LODR) Regulations, 2015, Companies Act, 1956/Companies Act, 2013, and other applicable laws
  • Submission of documents as may be required by NSE and payment of applicable fees

Regulatory Advisory on Internal Controls

NSE has also advised Urban Enviro Waste Management to strengthen its internal controls to monitor trades executed by the proposed allottees in the company's scrip prior to allotment. Specific directives issued by the exchange include:

  • The company is required to obtain an undertaking from the allottee(s) confirming that they shall not engage in intra-day trading or any sale in the company's scrip until the allotment date, as required under SEBI (ICDR) Regulations
  • The responsibility and onus of verifying the above undertaking and ensuring compliance with applicable provisions, including Regulation 167(6) of SEBI ICDR Regulations, 2018, rests solely with the issuer company
  • Any non-compliances observed by the exchange post the undertaking and verification by the issuer company may impact the listing of such shares

NSE has also noted that it reserves the right to withdraw its in-principle approval if the information submitted to the exchange is found to be incomplete, incorrect, misleading, or false, or in contravention of any applicable rules, bye-laws, and regulations. The company's Company Secretary and Compliance Officer, Shraddha Kulkarni, signed and submitted the intimation on May 08, 2026.

Historical Stock Returns for Urban Enviro Waste Management

1 Day5 Days1 Month6 Months1 Year5 Years
-0.84%-4.90%+3.23%-13.19%-18.77%+15.04%

How will the conversion of 32,00,000 warrants into equity shares impact Urban Enviro Waste Management's ownership structure and potential dilution for existing shareholders?

Who are the proposed allottees receiving these preferential warrants, and what strategic purpose does their investment signal for Urban Enviro Waste Management's future growth plans?

How might the additional capital raised through this warrant conversion be deployed, and could it accelerate the company's expansion in India's growing waste management sector?

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1 Year Returns:-18.77%