Eco Recycling Reports Robust Q2FY26 Results with 73.76% YoY Income Growth

Eco Recycling Limited, India's pioneer in e-waste management, has announced strong financial results for the second quarter of fiscal year 2026, demonstrating significant year-over-year growth and maintaining its zero-debt status.

Financial Highlights

The company reported impressive financial performance for Q2FY26:

Metric	Q2FY26	YoY Growth
Total Income	₹14.48	73.76%
EBITDA	₹7.25	-
Net Profit	₹5.60	-
EBITDA Margin	50.07%	-
Net Profit Margin	38.67%	-

Operational Strengths

Eco Recycling Limited continues to solidify its position in the e-waste management sector with a recycling capacity of 31,200 MTPA. The company's zero-debt status underscores its financial stability and efficient capital management.

Diversified Service Portfolio

The company has expanded its operations across multiple segments, including:

Data destruction
IT Asset Disposition (ITAD)
Precious metal recovery

These diversified services contribute to Eco Recycling's robust revenue streams and position it well in the growing e-waste management market.

Market Position and Future Outlook

As India's e-waste management sector continues to grow, Eco Recycling Limited is well-positioned to capitalize on the increasing demand for responsible e-waste disposal and recycling services. The company's strong financial performance and operational expansion indicate a positive outlook for future growth.

Conclusion

Eco Recycling Limited's Q2FY26 results reflect the company's strong market position and effective business strategy in the e-waste management sector. With its diversified service portfolio, zero-debt status, and significant year-over-year growth, the company appears well-equipped to meet the challenges and opportunities in the evolving e-waste management landscape.

Investors and stakeholders may find Eco Recycling Limited's performance encouraging, as it demonstrates the company's ability to grow revenue significantly while maintaining profitability in a sector that is crucial for environmental sustainability.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-1.12%	-3.93%	-15.85%	-20.87%	-46.52%	+1,156.28%

Eco Recycling Limited , India's pioneering e-waste management company, has reported robust financial results for the second quarter of fiscal year 2026. The company's performance showcases significant growth and operational expansion in the e-waste recycling sector.

Financial Highlights

For Q2 FY26, Eco Recycling Limited reported the following key financial metrics:

Particulars	Q2 FY26 (₹ in Cr)	YoY Growth
Total Income	14.48	11%
Net Profit	6.18	-

The company's total income for the quarter stood at ₹14.48 crore, marking an 11% year-on-year growth. This growth can be attributed to the company's expanded recycling capacity and strengthened value-added segments.

Operational Developments

Capacity Expansion

Eco Recycling has significantly expanded its total recycling capacity to 31,200 MTPA. This expansion includes the commissioning of a new 6,000 MTPA lithium-ion battery recycling facility at Vasai. Notably, this expansion was funded entirely through internal accruals, demonstrating the company's strong financial position and commitment to sustainable growth.

Value-Added Segments

The company has focused on strengthening its value-added segments, including:

Refurbishment
IT asset disposition
Data destruction
Lamp recycling
Precious metal recovery

These segments have seen increased participation from producers and enterprises under the Extended Producer Responsibility (EPR) framework.

Strategic Initiatives

BookMyJunk Platform

Eco Recycling's consumer-focused initiative, the BookMyJunk platform, received recognition from the Prime Minister in his Mann Ki Baat address. This platform aims to build awareness about responsible collection and recycling of e-waste.

Future Plans

The company plans to commission a mineral recovery facility focused on PCBs, hard drives, and lithium-ion batteries. This facility aims to recover valuable metals such as cobalt, nickel, and manganese, contributing to India's self-reliance in critical minerals and potentially reducing import dependence.

Management Commentary

B.K. Soni, Chairman & Managing Director of Eco Recycling Limited, commented on the results: "The second quarter of FY26 was an important phase for us, marked by steady growth, stronger operations, and a supportive policy environment. Our focus remains on strengthening value-added segments and expanding our recycling capabilities."

Soni also highlighted the favorable environment for organized recyclers, citing the Supreme Court's ruling upholding the Polluter Pays principle and the government's ₹1,500 crore incentive scheme under the National Critical Mineral Mission.

Industry Outlook

The e-waste recycling industry in India appears poised for growth, driven by:

Increased environmental enforcement
Government incentives for large-scale investment in e-waste and lithium-ion battery recycling
Growing awareness of responsible e-waste management

Eco Recycling Limited, with its expanded capacity, sound financial management, and strategic initiatives, seems well-positioned to capitalize on these industry trends and continue its growth trajectory.

Investors and stakeholders will be watching closely to see how Eco Recycling Limited leverages these opportunities and navigates the evolving landscape of e-waste management in India.