Eco Recycling Ltd (ECORECO) — shareholding pattern, promoter holding, financials and share price
About Eco Recycling Ltd (ECORECO)
Eco Recycling Ltd operates in the Waste Management industry, within the Utilities sector. It trades on the NSE as ECORECO and on the BSE under scrip code 530643. Its ISIN is INE316A01038.
Eco Recycling Ltd (Ecoreco) is the India’s 1st and leading E-waste management company, offering end-to-end solutions of Reverse Logistics, Data Destruction, Information Technology Asset Disposition (ITAD), Recycling of E-waste, Lamp Recycling, Precious Metal Recovery, implementation of EPR and CSR initiatives, Recycling on Wheels-SmartER. [1]
Eco Recycling Limited (Ecoreco) is a pioneer in the Indian e-waste management industry, offering solutions ranging from data destruction to lamp recycling and IT asset disposition.
The company boasts a recycling capacity of 31,200 MTPA and is the only BSE-listed zero-debt company in its sector, showcasing financial prudence and strategic growth.
Listed peers in Waste Management: Antony Waste Handling Cell Ltd, Concord Enviro Systems Ltd, VVIP Infratech Ltd, Organic Recycling Systems Ltd, Race Eco Chain Ltd, Gem Enviro Management Ltd.
Valuation & Returns
10 Jul 2026At ₹484 a share on 10 Jul 2026, Eco Recycling Ltd (ECORECO) was valued at a price-to-earnings ratio of 40.82x against an industry P/E of 28.25x and a price-to-book of 10.62x on a book value of ₹45.56 per share as of Mar 2025. Solomo computes return on equity of 26.02% and return on capital employed of 34.35% from filed results. Earnings ratios use consolidated results for the twelve months Jun 2025 to Mar 2026.
- P/E
- 40.82x
- Industry P/E
- 28.25x
- P/B
- 10.62x
- EPS (TTM)
- ₹11.86
- Book value / share
- ₹45.56
- ROE
- 26.02%
- ROCE
- 34.35%
- ROA
- 20.7%
- Debt / equity
- 0.05x
- Dividend yield
- 0%
- EBITDA margin
- 69.18%
- 52-week range
- ₹225 – ₹724
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, Eco Recycling Ltd (ECORECO) reported revenue of ₹48 crore, net profit of ₹23 crore and earnings per share of ₹11.98. That compares with revenue of ₹44 crore and net profit of ₹23 crore in Mar 2025. Figures are consolidated, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹18.61 crore and net profit ₹7.14 crore (consolidated).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 15 | 18 | 28 | 44 | 48 |
| Net profit (₹ cr) | 13 | 6 | 18 | 23 | 23 |
| EPS (₹) | 6.58 | 3.21 | 9.24 | 34.15 | 11.98 |
| Measure | 10Y | 5Y | 3Y | 1Y |
|---|---|---|---|---|
| Sales growth | 2.02% | 29.23% | 42.77% | 56.94% |
| Profit growth | 73.97% | 83.44% | 23.16% | 28.32% |
| Stock price CAGR | 29% | 45% | 66% | -16% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 73.35% of Eco Recycling Ltd (ECORECO) (unchanged from the previous quarter), foreign institutional investors (FII) hold 0.25% and domestic institutional investors (DII) hold 0.2%. Market capitalisation was ₹934 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Mar 2001.
Largest disclosed public shareholders in Jun 2026: NIPPON MAGNETIC DRESSING COMPANY LIMITED 4.56%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 73.35% | - | 0.25% | 0.2% | 26.65% |
| Mar 2026 | 73.35% | - | 0.43% | 0.14% | 26.65% |
| Dec 2025 | 73.35% | - | 0.72% | 0.14% | 26.65% |
| Sep 2025 | 73.35% | - | 0.91% | 0.14% | 26.65% |
| Jun 2025 | 73.35% | - | 0.93% | 0.18% | 26.65% |
| Mar 2025 | 73.35% | - | 1.12% | 0.12% | 26.65% |
| Dec 2024 | 73.35% | - | 1.14% | 0.03% | 26.65% |
| Sep 2024 | 73.35% | - | 1.18% | 0% | 26.65% |