Organic Recycling Systems Limited (ORSL), a pioneer in sustainable waste management, has announced its participation in an international research project that aims to advance circular bioeconomy practices. The company's Research Innovation Centre (ORSRIC) has been awarded a grant as part of the "Danish-Thai-Indian Circular Bioeconomy Network for Mango Waste Valorisation" project.

Project Details

Project Focus

The initiative aims to develop advanced technologies and business models for waste valorization, with a specific focus on:

• Converting agricultural residues into high-value bioproducts
• Bioenergy generation
• Production of sustainable materials

ORSL's role in this collaboration leverages its expertise in:

• Anaerobic digestion
• Biogas/CBG production
• Organic waste processing
• Commercialization of scalable waste-to-value solutions

Significance of the Collaboration

Dr. Manju Tanwar, Head of ORS-RIC, emphasized the importance of this international network, stating, "This project opens doors for technology exchange, joint research, and scalable industrial applications that will benefit farmers, industry sectors, and the environment."

The collaboration strengthens ORSL's position in the global circular bioeconomy landscape and provides opportunities for:

• Technology exchange
• Joint research initiatives
• Development of scalable industrial applications

About Organic Recycling Systems Limited

Established in 2008, ORSL specializes in environmental engineering and sustainable waste management solutions. The company is known for:

• Operating India's first municipal solid waste (MSW) processing plant based on a patented anaerobic biomethanation process
• Converting biodegradable waste into biogas and fermented organic manure at its Solapur, Maharashtra facility
• Collaborations with prestigious institutions like IIT Bombay, AGH University Poland, and the University of Birmingham

This latest international collaboration further cements ORSL's commitment to innovation in the environmental sector and its role in advancing circular economy practices globally.

As the project unfolds, it may potentially lead to new technological breakthroughs and sustainable solutions in waste management, particularly in the context of agricultural residues like mango waste. The outcomes of this research could have far-reaching implications for both the agricultural and waste management sectors across India, Denmark, and Thailand.

Organic Recycling Systems Limited (ORSL), a leading player in the cleantech and waste management sector, has reported a significant increase in its consolidated net profit for the first half of the fiscal year 2025-26. The company's financial results, released on November 12, 2025, showcase robust growth across key financial metrics.

Financial Highlights

ORSL's consolidated financial performance for the half-year ended September 30, 2025, demonstrates substantial year-on-year growth:

Operational Performance

The company's operational efficiency is evident from its ability to manage expenses while scaling up operations. Despite a 70.2% increase in revenue, total expenses grew by 72.8%, from INR 1,037.84 lakhs in H1 FY2025 to INR 1,793.53 lakhs in H1 FY2026.

Balance Sheet Strength

As of September 30, 2025, ORSL maintains a strong balance sheet position:

• Total Assets: INR 18,908.48 lakhs
• Shareholders' Funds: INR 12,127.58 lakhs
• Long-term Borrowings: INR 4,285.60 lakhs

Key Developments

1. Preference Share Redemption: During the period, ORSL redeemed 21,054 0% Redeemable Non-Cumulative Preference Shares at a total consideration of INR 26.21 crores, showcasing the company's commitment to optimizing its capital structure.

2. Warrant Proceeds Utilization: The company has utilized the proceeds from warrant issuance, with INR 26.21 crores allocated for preference share redemption and INR 11.87 crores for general corporate purposes.

3. Subsidiary Performance: The consolidated results include the performance of four wholly-owned subsidiaries and two associates, indicating ORSL's expanding operational footprint in the waste management sector.

Management Commentary

Specific management comments were not provided in the financial release.

Future Outlook

The waste management and recycling sector in India continues to present substantial growth opportunities. ORSL's financial performance and strategic investments may position it to capitalize on these opportunities in the coming quarters.

Investors and stakeholders will likely be watching ORSL's performance in the second half of FY2026, as the company continues its operations in the cleantech and waste management industry.