- Total Income of ₹ 14.53 Cr
- EBITDA of ₹ 7.34 Cr
- EBITDA Margin (%) of 50.52%
- Net Profit of ₹ 6.18 Cr
- Net Profit Margin (%) of 42.53%
- EPS of ₹ 3.20
H1 FY26 Consolidated Key Financial Highlights:
- Total Income of ₹ 28.10 Cr
- EBITDA of ₹ 16.69 Cr
- EBITDA Margin (%) of 59.40%
- Net Profit of ₹ 13.69 Cr
- Net Profit Margin (%) of 48.72%
- EPS of ₹ 7.01
H1 FY26 Standalone Key Financial Highlights:
- Total Income of ₹ 26.74 Cr
- EBITDA of ₹ 15.41 Cr
- EBITDA Margin (%) of 57.63%
- Net Profit of ₹ 12.89 Cr
- Net Profit Margin (%) of 48.20%
- EPS of ₹ 6.68
Commenting on the performance, Mr B.K. Soni, Chairman & Managing Director of Eco Recycling Limited, said, “The second quarter of FY26 was an important phase for us, marked by steady growth, stronger operations, and a supportive policy environment. We expanded our total recycling capacity to 31,200 MTPA with the commissioning of a new 6,000 MTPA lithium-ion battery recycling facility at Vasai. What makes this expansion even more satisfying is that it was fully funded through internal accruals, reaffirming our commitment to a debt-free and self-sustaining growth path.
Our focus during the quarter remained on strengthening value-added segments such as refurbishment, IT asset disposition, data destruction, lamp recycling, and precious metal recovery. These areas are seeing rising participation from producers and enterprises under the EPR framework. On the consumer side, our BookMyJunk platform—appreciated by the Hon’ble Prime Minister in Mann Ki Baat—continues to build awareness about responsible collection and recycling.
The environment for organised recyclers is turning highly favourable. The Supreme Court’s ruling upholding the Polluter Pays principle has brought much-needed clarity and accountability in environmental enforcement. Alongside this, the government’s ₹1,500 Cr incentive scheme under the National Critical Mineral Mission has set the stage for large-scale investment in e-waste and lithium-ion battery recycling. These measures not only validate the importance of our industry but also open up significant growth opportunities for companies like ours that have built strong compliance and processing capabilities over the years.
Looking ahead, we are preparing to commission a mineral recovery facility focused on PCBs, hard drives, and lithium-ion batteries. This will help recover valuable metals such as cobalt, nickel, and manganese for domestic industries, reducing import dependence and contributing to India’s self-reliance in critical minerals. With expanding capacity, sound financial management, and increasing policy momentum, we are confident of continuing on our growth path while creating long-term value.”
Q2 FY26 Key Financial Highlights:
| Global Leadership Integration | - Appointment: CMD Mr B. K. Soni joins SERI’s Technical Advisory Committee & Dr Sandip Chatterjee is appointed as Independent Director
- Industry Impact: Advances sustainable recycling via Centres of Excellence and the RLI scheme
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| Capacity Enhancement | - E-Waste: recycling Capacity up by 18,000 MTPA; total 31,200 MTPA
- Facility: 6,000 MTPA commissioned in new 40,000 sq. ft. Vasai plant fully funded via internal accruals
- Compliance: Supports EPR compliance and sector formalisation
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| Advancing E-waste Recycling in India | - Initiatives: Reverse logistics, data destruction, and Recycling on Wheels for safe e-waste processing.
- Recognition: BookMyJunk app praised by PM Modi.
- Future Focus: Setting up a mineral recovery facility for PCB, HDD, and Li-ion batteries to support manufacturers and boost foreign exchange earnings.
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