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.

Organic Recycling Systems Limited (ORSL) has entered into a strategic partnership with Punjab Renewable Energy Systems Private Limited (PRESPL) to jointly develop Bio-Gas and Compressed Bio-Gas (CBG) projects across India and potential international markets. This collaboration, formalized through a Memorandum of Understanding (MoU), aims to combine the strengths of both companies in the renewable energy sector.

Key Aspects of the Partnership

• ORSL's Role: ORSL will serve as the preferred partner for Technology, Engineering, Procurement & Construction (TEPC) services.
• PRESPL's Contribution: PRESPL will handle Biomass Supply Chain Management services.
• Joint Efforts: Both companies will collaborate on identifying, pursuing, and implementing projects in the Bio-Gas and CBG sector.

Company Profiles

• Operates India's first municipal solid waste processing plant
• Patented anaerobic biomethanation process | | PRESPL | Biomass solutions and bioenergy | - Provides solutions to power plants and IPPs
• Operates BOOT models
• Offers services in Biomass Power, Biogas, and Waste Management |

Strategic Benefits

1. Synergistic Capabilities: The alliance combines PRESPL's expertise in biomass supply with ORSL's engineering and technology strengths.
2. Market Expansion: Joint targeting of domestic and international clients for business growth.
3. Enhanced Project Bankability: Combined experience strengthens project viability for investors and partners.
4. Support for National Initiatives: Aligns with India's SATAT initiative to promote CBG as a clean fuel alternative.

Management Insights

Mr. Sarang Bhand, Managing Director of ORSL, emphasized the significance of this partnership in ORSL's growth journey and its potential to contribute to India's green energy ecosystem.

Lt. Col. Monish Ahuja (Retd), Chairman & Managing Director of PRESPL, highlighted the partnership's role in transforming India's waste and biomass streams into engines of clean growth and energy independence.

This strategic alliance between ORSL and PRESPL represents a significant step towards advancing India's renewable energy transition through sustainable waste-to-energy and biomass solutions. By leveraging their combined expertise, the partnership aims to deliver integrated bioenergy solutions that contribute to the country's green energy goals and support its journey towards Net Zero emissions.