ECO Recycling Ltd.
NSE: ECORECO · Waste Management · sector
₹390.95NSE close 2026-10-26
Key numbers
Market cap₹755 cr
Price₹390.95
52w high / low₹495 / ₹385
P/E29.4xSector median 15.9x
P/B6.8xSector median 1.6x
Book value₹57.8
Dividend yield–Sector median 0.53%
ROE25.8%Sector median 13.5%
ROCE32.2%Sector median 15.9%
OPM59.5%Sector median 16.8%
Debt / equity0.01xSector median 0.26x
EV/EBITDA22.5xSector median 10.5x
Interest cover67.3x
Current ratio4.11x
Sales growth 3y+39.5%Sector median +24.1%
Profit growth 3y+56.8%Sector median +36.0%
PEG0.52x
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 10 companies in Waste Management (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹18 cr vs borrowings ₹1 cr (FY26): cash is higher (net cash).
- Operating profit covered interest 67.3x in the last 12 months.
- Other income was 21% of net profit in the last 12 months.
- No dividend in the last 5 financial years.
- Price ₹390.95 on 2026-10-26: -21.0% from the 52-week high, +1.5% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Weekly close · high ₹988.95 · low ₹277.65
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|
| Revenue | 10 | 9 | 14 | 6 | 19 | 16 |
| EBITDA | 7 | 5 | 7 | 4 | 13 | 9 |
| OPM % | 71.2% | 54.8% | 49.9% | 59.6% | 69.7% | 56.3% |
| Other income | -0 | 4 | 0 | 1 | 1 | 3 |
| Net profit | 3 | 8 | 6 | 2 | 9 | 9 |
| EPS (₹) | 1.19 | 4.19 | 2.97 | 1.02 | 4.84 | 4.49 |
| Revenue YoY | +90.5% | +75.2% | ||||
| Profit YoY | +172.8% | +11.2% |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 15 | 18 | 28 | 44 | 48 | 55 |
| EBITDA | 3 | 4 | 16 | 31 | 29 | 33 |
| Net profit | 12 | 6 | 16 | 25 | 24 | 26 |
| EPS (₹) | 6.47 | 3.20 | 8.39 | 12.12 | 12.32 | 13.32 |
| Revenue growth | +17.4% | +58.0% | +56.9% | +9.6% | – | |
| Profit growth | -50.6% | +162.4% | +51.9% | -3.4% | – | |
| Dividend / share (₹) | – | – | – | – | – |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | +39.5% | – | – |
| Net profit | +56.8% | – | – |
| EPS | +56.7% | – | – |
| Share price | – | – (2y) | – |
Balance sheet
| ₹ cr | FY25 | FY26 |
|---|---|---|
| Shareholders' equity | 88 | 112 |
| Borrowings | 3 | 1 |
| Cash & equivalents | 11 | 18 |
| Total assets | 111 | 133 |
| Fixed assets | 59 | 57 |
| Capital work in progress | 0 | 0 |
| Investments | 4 | 5 |
| Receivables | 8 | 16 |
| Inventory | 12 | 15 |
| Payables | 1 | 6 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY25 | FY26 |
|---|---|---|
| Cash from operations | 17 | 13 |
| Cash from investing | -14 | -1 |
| Cash from financing | -1 | -1 |
| Capex | 20 | 1 |
| Free cash flow | -4 | 12 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY25 | FY26 |
|---|---|---|
| ROE % | 28.0% | 21.3% |
| ROCE % | 35.7% | 28.5% |
| Debtor days | 63 | 119 |
| Inventory days | 652 | 443 |
| Payable days | 69 | 167 |
| Cash conversion cycle (days) | 646 | 395 |
| Working capital days | 247 | 370 |
Peers in Waste Management
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| REFEX | ₹3,094 cr | 12.5x | 2.1x | 18.1% | 26.0% | 14.9% | +11.8% | 0.21% |
| EMSLIMITED | ₹1,569 cr | 23.0x | 1.5x | 6.7% | 9.5% | 17.1% | – | 0.53% |
| AWHCL | ₹810 cr | 13.9x | 1.1x | 8.4% | 11.3% | 17.5% | +7.2% | – |
| ECORECO | ₹755 cr | 29.4x | 6.8x | 25.8% | 32.2% | 59.5% | +39.5% | – |
| CEWATER | ₹465 cr | – | 0.8x | -1.3% | 2.5% | 2.9% | – | – |
| VVIPIL | ₹357 cr | 11.9x | 1.8x | 15.9% | 35.4% | 20.6% | – | – |
| RACE | ₹180 cr | 22.8x | 2.4x | 10.5% | 11.1% | 2.8% | +32.0% | – |
| ORGANICREC | ₹171 cr | 6.7x | 1.4x | 21.1% | 16.1% | 28.8% | – | – |
| GEMENVIRO | ₹85 cr | 17.9x | 2.0x | 11.9% | 15.7% | 5.5% | – | 0.70% |
| EPBIO | ₹15 cr | – | 1.4x | 15.1% | 22.0% | 16.4% | +24.1% | – |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2026-09-18 | Dividend | Dividend - Re 1 Per Share |
Documents
Links go to the original files on the exchange website.
About the company
| Sector | Utilities |
| Industry | Waste Management |
| Sub-industry | Waste Management |
| Symbol | ECORECO |
| BSE code | 530643 |
| ISIN | INE316A01038 |
| Face value | ₹10.0 |
| Incorporated | – |
| Website | – |
| Plants (India / abroad) | – |
Data built 2026-10-23 from BSE company filings (inline XBRL: Integrated Filing - Finance) + BSE results summary for earlier years; price = NSE close 2026-10-26.