1. At a Glance
India’s OG e-waste handler, Eco Recycling Ltd (Ecoreco), makes money out of your discarded gadgets, broken bulbs, and corporate guilt. With an ROCE hotter than a burning lithium battery and zero debt, this smallcap darling is quietly riding India’s regulatory push for sustainability.
2. Introduction with Hook
If Ambani made a rupee every time you threw away a broken charger, he’d probably still be poorer than Eco Recycling Ltd in ROCE. This is a company that realized long before everyone else that one man’s trash is another man’s… EBITDA.
- Net Profit CAGR (5Y): 73%
- ROCE (FY25): 38%
- Debt: Practically none
- OPM (FY25): 70% — Yes. Seventy.
If your startup had these margins, you’d be on Shark Tank calling Namita “beta”.
3. Business Model (WTF Do They Even Do?)
Eco Recycling Ltd is India’s first listed e-waste management company, tackling the nasty afterlife of electronics.
Offerings:
- Reverse Logistics & Recycling-as-a-Service
- IT Asset Disposition (ITAD)
- Data Destruction (For when your secrets are hotter than your CPU)
- Lamp recycling, Battery shredding, and Precious Metal Recovery
