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Eco Recycling Ltd

ECORECO

Eco Recycling Ltd

ECORECO
IndustrialsBusiness Support Services
SmallcapWith a market cap of ₹1,817 cr, stock is ranked 1,197
High RiskStock is 3.83x as volatile as Nifty
964.902.44% (+22.95)
964.902.44% (+22.95)

Price Chart

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Low
Returns
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1W
1M
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1D
1W
1M
1Y
5Y
Max
SIP
IndustrialsBusiness Support Services
SmallcapWith a market cap of ₹1,817 cr, stock is ranked 1,197
High RiskStock is 3.83x as volatile as Nifty
Scorecard

Performance

High

The creamy layer - amongst the top performing stocks

Valuation

High

Seems to be overvalued vs the market average

Growth

Avg

Financials growth has been moderate for a few years

Profitability

High

Showing good signs of profitability & efficiency

Entry point

Avg

The stock is overpriced but is not in the overbought zone

Red flags

Low

No red flag found

How to use scorecard? Learn more

IndustrialsBusiness Support Services
SmallcapWith a market cap of ₹1,817 cr, stock is ranked 1,197
High RiskStock is 3.83x as volatile as Nifty

Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
76.6026.92
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
49.026.950.56%

Forecast & Ratings

Detailed Forecast 
Forecast data is currently unavailable for this stock

Price

Price Upside

Earnings

Earnings Growth

Revenue

Rev. Growth

See Detailed Forecast

Company Profile

Eco Recycling Limited is an e-waste management company engaged in waste collection, treatment and disposal activities. It provides e-waste management solution to multinational companies, bulk consumers, original equipment manufacturers etc.

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Forecasts

Price

Revenue

Earnings

Income

Balance Sheet

Cash Flow

Income Statement

Industry refers to the sub-sector this company belongs to.

Higher than Industry Revenue Growth

A higher-than-industry revenue growth represents increased potential for the company to increase their market share

Over the last 5 years, revenue has grown at a yearly rate of 22.04%, vs industry avg of 14.15%

Increasing Market Share

Market share is the percentage of an industry's total sales going to a particular company. It gives a general idea of the size of a company v/s its competitors

Over the last 5 years, market share increased from 0.07% to 0.09%

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Financial YearFY 2016FY 2017FY 2018FY 2019FY 2020FY 2021FY 2022FY 2023FY 2024TTM
Total Revenue37.3919.7414.1813.0313.2218.4827.1621.5335.2744.60
Raw Materialssubtract31.5211.987.452.594.014.068.065.707.9413.45
Power & Fuel Costsubtract0.040.030.040.040.040.030.030.050.06
Employee Costsubtract1.601.561.391.010.790.740.991.171.51
Selling & Administrative Expensessubtract1.782.822.112.983.002.914.544.363.76
Operating & Other expensessubtract1.303.4610.454.132.894.36-1.202.52-1.71
Depreciation/Amortizationsubtract0.300.340.380.470.480.480.470.940.800.58
Interest & Other Itemssubtract0.971.251.191.010.800.330.040.180.710.80
Taxes & Other Itemssubtract0.09-0.050.00-0.310.111.101.510.424.376.04
EPS-0.11-0.86-4.580.580.572.326.593.219.2412.30
DPS0.000.000.000.000.000.001.000.000.000.00
Payout ratio0.000.000.000.000.000.000.150.000.000.00

Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange

Peers & Comparison

Comparing 3 stocks from 
IndustrialsBusiness Support Services

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StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
Eco Recycling Ltd101.9426.92
Kfin Technologies Ltd105.5522.760.38%
Indegene Ltd42.7810.08
RITES Ltd29.534.943.22%

Price Comparison

Compare ECORECO with any stock or ETF
Compare ECORECO with any stock or ETF
ECORECO
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Shareholdings

Promoter Holdings Trend

Total Promoter Holding

Increasing promoter holding is considered good and reflects management’s positive view about the future outlook

In last 6 months, promoter holding in the company has almost stayed constant

Low Pledged Promoter Holding

Lower pledged promoter holdings is considered better

Pledged promoter holdings is insignificant

Institutional Holdings Trend

Total Retail Holding

Increasing retail holding can be considered bad as it can reflect that institutions and promoters are selling their stake which is being absorbed by retail investors.

In last 3 months, retail holding in the company has almost stayed constant

Foreign Institutional Holding

Foreign Institutional Holding is quantum of stock held by foreign large-quantities-trading entities. Increasing value indicates growing support and comfort for the stock

In last 3 months, foreign institutional holding of the company has almost stayed constant

Tickertape Separator

Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding73.35%0.00%0.00%1.18%25.47%

Dec 2023

Mar 2024

Jun 2024

Sep 2024

Shareholding History

JunSepDec '23MarJunSep1.89%0.86%0.90%1.18%1.16%1.18%

Insider Trades & Bulk Deals

Hmm, looks like there hasn't been any net deal activity in the last 6 months

smallcases

Looks like this stock is not in any smallcase yet.

Events

Dividend Trend

No dividend trend available

Dividends

Corp. Actions

Announcements

Legal Orders

Upcoming Dividends

No upcoming dividends are available

Past Dividends

Cash Dividend

Ex DateEx DateAug 18, 2022

Final
Final | Div/Share: ₹1.00

Dividend/Share

1.00

Ex DateEx Date

Aug 18, 2022

News & Opinions
Spotlight
Eco Recycling hits the roof as board OKs raising Rs 500 cr via QIP

The proposal for fund raising is subject to regulatory/statutory approvals as may be required. Further, the board has constituted and authorised the fund raising committee of the board to decide the structure, form of issuance, price, discounts, terms and conditions thereof, and all other matters related thereto. Eco Recycling is primarily involved in e-waste collection, disposal and recycling business that offers comprehensive services for recycling of electrical electronic equipment (EEE) waste. The company's consolidated net profit jumped 40.4% to Rs 8.20 crore on 81.3% surge in net sales to Rs 12.87 crore in Q2 FY25 over Q2 FY24. Powered by Capital Market - Live

1 week agoCapital Market - Live
Corporate
Eco Recycling to convene board meeting

Eco Recycling will hold a meeting of the Board of Directors of the Company on 23 December 2024.Powered by Capital Market - Live

1 week agoCapital Market - Live
Corporate
Board of Eco Recycling to consider fund raising via QIP

The Board of Eco Recycling will meet on 23 December 2024 to consider raising of funds by issuance of equity shares by way of Qualified Institutions Placement (QIP), as may be permitted under applicable laws, subject to such regulatory/statutory approvals. Powered by Capital Market - Live

1 week agoCapital Market - Live
Earnings
Eco Recycling consolidated net profit rises 40.41% in the September 2024 quarter

Net profit of Eco Recycling rose 40.41% to Rs 8.20 crore in the quarter ended September 2024 as against Rs 5.84 crore during the previous quarter ended September 2023. Sales rose 81.27% to Rs 12.87 crore in the quarter ended September 2024 as against Rs 7.10 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales12.877.10 81 OPM %71.7260.14 - PBDT10.097.13 42 PBT9.846.87 43 NP8.205.84 40 Powered by Capital Market - Live

1 month agoCapital Market - Live
Corporate
Eco Recycling schedules board meeting

Eco Recycling will hold a meeting of the Board of Directors of the Company on 12 November 2024Powered by Capital Market - Live

1 month agoCapital Market - Live
Corporate
Eco Recycling to convene AGM

Eco Recycling announced that the Annual General Meeting (AGM) of the company will be held on 10 September 2024.Powered by Capital Market - Live

4 months agoCapital Market - Live
Earnings
Eco Recycling consolidated net profit rises 81.11% in the June 2024 quarter

Net profit of Eco Recycling rose 81.11% to Rs 8.15 crore in the quarter ended June 2024 as against Rs 4.50 crore during the previous quarter ended June 2023. Sales rose 111.50% to Rs 11.40 crore in the quarter ended June 2024 as against Rs 5.39 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales11.405.39 112 OPM %71.8460.48 - PBDT10.065.68 77 PBT9.825.22 88 NP8.154.50 81 Powered by Capital Market - Live

4 months agoCapital Market - Live
Corporate
Eco Recycling to hold board meeting

Eco Recycling will hold a meeting of the Board of Directors of the Company on 12 August 2024.Powered by Capital Market - Live

4 months agoCapital Market - Live

Ecoreco Welcomes India’s Strategic Push for Recycling and Critical Mineral Management

5 months agoBusiness Standard