Eco Recycling
406.25
-3.00(-0.73%)
Market Cap₹783.91 Cr
PE Ratio44.01
IndustryUtilities
Company Performance:
1D-0.73%
1M-12.77%
6M-32.63%
1Y-43.43%
5Y+808.84%
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More news about Eco Recycling
09Jan 26
4 Recycling Stocks Trading at Steep Discounts of Up to 56% from 52-Week Highs
Four recycling stocks are trading at steep discounts of 47-56% from their 52-week highs despite strong sector growth prospects. India's recycling market is expected to grow from $0.89 billion to $1.34 billion by 2030, supported by a ₹1,500 crore government incentive scheme and customs duty exemptions. However, GRP Limited, Nupur Recyclers, Eco Recycling, and Ganesha Ecosphere all reported declining profits in Q2 FY26 due to margin pressures, regulatory uncertainty, and higher raw material costs.
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02Jan 26
Eco Recycling Unveils Strategic Initiative for Critical Mineral Recycling to Support India's Circular Economy
Eco Recycling has announced a new strategic initiative focused on recycling critical minerals, directly supporting India's circular economy goals and mineral security objectives. The company's approach emphasizes sustainable mineral recovery and processing, positioning it as a contributor to the country's transition towards a more self-reliant and environmentally responsible mineral ecosystem.
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17Nov 25
Eco Recycling Reports Robust Q2FY26 Results with 73.76% YoY Income Growth
Eco Recycling Limited, an Indian e-waste management company, announced strong Q2FY26 results with total income of ₹14.48 crore, up 73.76% year-over-year. The company reported an EBITDA of ₹7.25 crore with a 50.07% margin, and a net profit of ₹5.60 crore with a 38.67% margin. Eco Recycling maintains a zero-debt status and operates with a recycling capacity of 31,200 MTPA. The company's diversified portfolio includes data destruction, IT Asset Disposition, and precious metal recovery services.
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13Nov 25
Eco Recycling Limited Reports Strong Q2 FY26 Results with 11% YoY Growth in Total Income
Eco Recycling Limited, an Indian e-waste management company, reported robust Q2 FY26 results with total income of ₹14.48 crore, up 11% YoY. The company expanded its recycling capacity to 31,200 MTPA, including a new 6,000 MTPA lithium-ion battery recycling facility. Eco Recycling strengthened value-added segments and plans to commission a mineral recovery facility. The BookMyJunk platform received recognition from the Prime Minister. The company sees growth opportunities in the e-waste recycling industry due to increased environmental enforcement and government incentives.
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12Nov 25
Eco Recycling Reports Strong Q2 Results with 56% Revenue Growth
Eco Recycling Limited (ECORECO) announced Q2 results with revenue rising to 1,442.00 lacs rupees, a 56.06% quarter-on-quarter and 12.04% year-over-year increase. However, net profit decreased to 573.00 lacs rupees, down 26.54% from the previous quarter. Half-year revenue stood at 2,366.00 lacs rupees, slightly lower than last year. The company received 2.25 crores in insurance claims during the quarter.
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03Nov 25
EcoRecycling's One Billion Chargers Campaign Gains Momentum with 8,670 E-Waste Parcels Collected
Eco Recycling Ltd. (Ecoreco) reports progress in its One Billion Chargers movement, collecting 8,670 e-waste parcels across India by October 31, 2025. Launched on October 2, 2025, the campaign uses the BookMyJunk digital platform and averages 3 kg per parcel. Ecoreco plans to install Eco-Bins in educational institutions nationwide to expand the initiative. The company, founded in 2005, offers end-to-end e-waste management services and has received recognition from PM Narendra Modi.
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03Oct 25
Eco Recycling Ltd. Launches Nationwide E-Waste Collection Drive Aligned with Swachhta Hi Seva Campaign
Eco Recycling (Ecoreco) has initiated a comprehensive e-waste collection campaign across India from October 2 to 31, 2025, aligning with the government's Swachhta Hi Seva - Special Campaign 5.0. The drive features multiple collection methods including a mobile app, Recycling on Wheels, Eco-Bins, and a nationwide collection network. B K Soni, Chairman & Managing Director, emphasized e-waste as a national treasure and source of precious resources. The campaign aims to promote responsible e-waste disposal, support sustainability, and contribute to India's self-reliance goals.
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08Sept 25
Eco Recycling Ltd Welcomes ₹1,500 Crore Government Scheme for Critical Mineral Recycling
Eco Recycling Ltd (Ecoreco) has welcomed the Union Cabinet's approval of a ₹1,500 crore incentive scheme under the National Critical Mineral Mission. The scheme aims to promote advanced recycling of e-waste and lithium-ion battery scrap. It includes capital expenditure support, operational incentives, and a 20% capital subsidy. The scheme targets 40,000 tonnes of critical mineral recovery in India, with one-third earmarked for new entrants. Ecoreco's Chairman, B. K. Soni, called it a defining moment for India's circular economy. The company sees this as an opportunity to scale operations and lead best practices in the mineral recovery sector.
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26Aug 25
Eco Recycling Limited Bolsters Leadership with New Independent Director and Secretarial Auditor
Eco Recycling Limited (ECORECO) has made significant changes to its leadership and compliance team. Dr. Yeshwant Sontakke, with expertise in environmental protection, has been appointed as an Additional Director for a five-year term. CS Neha Poddar has been named the new Secretarial Auditor for a five-year term, replacing M/s KPUB & Co. The company's 31st Annual General Meeting is scheduled for September 30, 2025, via video conference.
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06Aug 25
Supreme Court Empowers Pollution Boards, Boosting Formal E-Waste Sector and Eco Recycling Limited
The Supreme Court of India has ruled that environmental regulatory bodies can impose and collect fines from polluters under the Water and Air Acts. This decision is expected to significantly impact the e-waste management sector, benefiting companies like Eco Recycling Limited (Ecoreco). The ruling strengthens the 'Polluter Pays' principle and allows regulatory bodies to exercise quasi-judicial powers. India generates over 1 million tons of e-waste annually, with 85% managed informally. Ecoreco, India's first BSE-listed e-waste recycling company, is well-positioned to benefit from this ruling with its pan-India network, advanced recycling units, and compliance with Environmental Producer Responsibility regulations.
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28Jul 25
Eco Recycling Reports Q1 Financial Decline Amid Challenging Market Conditions
Eco Recycling Limited (Ecoreco) reported a 9.4% year-over-year decrease in net profit to ₹67.10 million for Q1. Revenue fell by 19.0% to ₹92.40 million, while EBITDA dropped 37.9% to ₹51.00 million. The EBITDA margin contracted to 55.19% from 72.02%. On a consolidated basis, net profit slightly decreased to ₹809.00 lacs. The Board approved the re-appointment of Mr. Brijkishor Soni as Managing Director for five years, subject to shareholder approval. An insurance claim update was provided, with ₹2.59 crores received out of a ₹4.24 crores claim.
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24Jul 25
Eco Recycling Limited Bolsters Leadership with Global Recognition and New Appointment
Eco Recycling Limited, an Indian e-waste management company, has made two significant leadership announcements. B. K. Soni, CMD, has been appointed to SERI's Technical Advisory Committee, overseeing R2 Certification. Dr. Sandip Chatterjee, a global expert in e-waste policy, joins as an Independent Director. The company also reported strong financial results for FY25, with Total Income of ₹46.30 Cr, EBITDA of ₹33.32 Cr, and PAT of ₹23.38 Cr.
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22Jul 25
Eco Recycling's B.K. Soni Joins Global E-Waste Advisory Committee; Company Appoints New Independent Director
Eco Recycling Limited (Ecoreco) has made two significant appointments. B.K. Soni, Chairman and Managing Director, has been appointed to SERI's Technical Advisory Committee. Dr. Sandip Chatterjee has been appointed as an Additional Director (Non-Executive Independent) to the company's Board, effective July 19, 2025, subject to shareholder approval. Dr. Chatterjee brings over 35 years of experience in technology policy and strategic innovation.
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22Jul 25
Eco Recycling's B.K. Soni Joins Global E-Waste Advisory Committee; Company Appoints New Independent Director
Eco Recycling Limited (ECORECO) announced two significant leadership developments. B.K. Soni, Chairman and Managing Director, has been appointed to SERI's Technical Advisory Committee, recognizing his expertise in e-waste management. Additionally, Dr. Sandip Chatterjee, with over 35 years of experience in technology policy and innovation, has been appointed as an Additional Director (Non-Executive Independent), effective July 19, 2025, subject to shareholder approval.
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22Jul 25
Eco Recycling's Chairman B.K. Soni Joins Global E-Waste Recycling Advisory Committee; Company Appoints New Independent Director
Eco Recycling Limited (Ecoreco) announced two key developments: B.K. Soni, Chairman and Managing Director, appointed to SERI's Technical Advisory Committee, enhancing global recognition in e-waste management. Dr. Sandip Chatterjee appointed as Additional Director (Non-Executive Independent), bringing extensive experience in technology policy and sustainable electronics.
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22Jul 25
Eco Recycling's Chairman B.K. Soni Joins Global E-Waste Recycling Advisory Committee
B.K. Soni, Chairman and Managing Director of Eco Recycling Limited (Ecoreco), has been appointed as a member of the Technical Advisory Committee of Sustainable Electronics Recycling International (SERI). SERI administers the R2 Certification for responsible electronic waste recycling. Soni brings over 20 years of experience in e-waste management and serves as a Director on the Board of the Material Recycling Association of India. Ecoreco, an R2v3 Certified company, views this appointment as aligned with its mission to promote responsible e-waste recycling. The company has also appointed Dr. Sandip Chatterjee as an Additional Director (Non-Executive Independent), effective July 19, 2025, subject to shareholder approval.
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21Jul 25
Eco Recycling Limited Appoints Dr. Sandip Chatterjee as Independent Director, Bolstering Expertise in Sustainable Electronics
Eco Recycling Limited has appointed Dr. Sandip Chatterjee as an Additional Director (Non-Executive Independent) for a five-year term, effective July 19, 2025, subject to shareholder approval. Dr. Chatterjee brings over 35 years of experience in technology policy, sustainable electronics, and circular economy. He currently serves as Senior Advisor to Sustainable Electronics Recycling International (SERI) and Adjunct Professor at IIT Mandi. His expertise is expected to contribute significantly to Eco Recycling's focus on electronic waste management and sustainable practices.
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Eco Recycling
406.25
-3.00
(-0.73%)
1 Year Returns:-43.43%
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