Eco Recycling Live Share Price Today, Share Analysis and Chart

About the company - Business Profile

Eco Recycling Ltd. (Ecoreco) is a specialized player in the electronic waste (e-waste) management industry in India, maintaining a leading market position as the country's first formal e-waste recycler. The company provides a comprehensive suite of end-to-end solutions, including reverse logistics, data destruction, IT asset disposition (ITAD), and the recycling of various e-waste streams, such as lamps and lithium-ion batteries. Ecoreco acts as a critical link in the circular economy by recovering precious and rare earth metals from discarded electronics, serving a diverse clientele that includes original equipment manufacturers (OEMs), multi-national corporations, government bodies, and retail consumers.

Key Points

• Key Facts: Founded in 1994 and headquartered in Mumbai, India, the company is listed on the BSE (Scrip Code: 530643). It is a subsidiary of Ecoreco Ventures Private Limited, which holds a 52.19% stake as of March 31, 2025.
• Operations and Resources: Ecoreco operates a centralized recycling facility registered with the CPCB and MPCB. The company recently expanded its annual e-waste recycling capacity to 31,200 MTPA and established a lithium-ion battery recycling capacity of 6,000 MTPA. It utilizes a "Recycling on Wheels" initiative to facilitate collection and on-site data destruction.
• Ownership: The company remains promoter-led, with the Soni family holding significant management roles. There is no government stake; it is a private-sector enterprise that transitioned into a publicly listed entity.
• Market Significance: Ecoreco plays a strategic role in India’s "Critical Mineral Mission" by recovering 17 different precious and rare earth metals (including Gold, Silver, Palladium, and Copper) from "black mass." This helps reduce the industry's reliance on imported raw materials.
• Sustainability and Innovation: The company focus on scientific recycling to ensure 100% environmental compliance. Notable innovations include the "Book My Junk" mobile application for consumer-level e-waste collection and proprietary technology for precious metal recovery from e-waste.
• Business Model: Ecoreco operates a technology-driven, fee-and-recovery-based model. It generates revenue through service fees for data destruction and ITAD, and by selling recovered metals and materials. The company is particularly skilled at navigating complex regulatory frameworks like the E-Waste Management Rules, 2022.
• Revenue and Financials: For FY2025, the company reported a Total Income of ₹46.30 crore, up from ₹35.27 crore in FY2024. The Net Profit (PAT) for FY2025 stood at ₹23.28 crore with a PAT margin of 50.50%. Geographically, the company serves clients across India and has a legacy of serving over 120 countries globally.
• Clients and Partnerships: The company serves over 500 clients, including major PSUs, NBFCs, and educational institutions. It is a member of the TERRA group, one of the world's largest networks of certified e-scrap recyclers.
• Employee Trends: Industrial relations have remained positive with zero production loss reported in FY2025. The company runs the "Ecoreco Skill Excellence" platform for internal skill enhancement of shop-floor associates.
• Subsidiaries: Major units include Ecoreco Enviro Education Private Limited (focused on skill development) and Ecoreco Park Private Limited.
• Strategic Initiatives: Current focus areas include scaling precious metal recovery from black mass, expanding lithium-ion battery recycling infrastructure, and securing long-term Extended Producer Responsibility (EPR) contracts with global brands.