Eco Recycling Limited

Eco Recycling Limited (ECORECO) financial statements and selected valuation metrics from NSE/BSE exchange filings through 31 December 2025.

UtilitiesUtilitiesOther UtilitiesWaste Management

ecoreco.com(opens the company website in a new tab)
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Key metrics

Price as of 2026-09-01

Stock price
₹464.50
Market cap
897 Cr
Stock P/E
46.7
P/B
8.70
Dividend yield
0.2%

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Share price

NSE closing price from historical market data.

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Statement tables · Consolidated

Switches quarterly, P&L, balance sheet, and cash flow. Key metrics and ratios stay on consolidated when available.

Amounts in ₹ Cr · NSE preferred when both exchanges report the same period · tap + to expand rows

Quarterly results

Quarterly · ₹ Cr · tap + rows to expand

MetricMar 2023Jun 2023Sept 2023Dec 2023Mar 2024Standalone onlyJun 2024Sept 2024Dec 2024Mar 2025Jun 2025Sept 2025Dec 2025
Sales5 Cr5 Cr7 Cr7 Cr8 Cr11 Cr13 Cr10 Cr10 Cr9 Cr14 Cr6 Cr
Operating expenses (approx.)8 Cr2 Cr3 Cr2 Cr4 Cr3 Cr4 Cr3 Cr3 Cr4 Cr7 Cr2 Cr
EBITDA-3 Cr3 Cr4 Cr5 Cr4 Cr8 Cr9 Cr7 Cr7 Cr5 Cr7 Cr4 Cr
OPM %-60.4%60.5%60.1%70.1%45.7%71.8%71.6%66.7%71.2%54.8%49.9%59.6%
Other income-0.18 Cr3 Cr3 Cr2 Cr-0.39 Cr2 Cr1 Cr-0.46 Cr-0.27 Cr4 Cr0.06 Cr1 Cr
Interest0.03 Cr0.12 Cr0.12 Cr0.11 Cr0.35 Cr0.17 Cr0.17 Cr0.16 Cr0.15 Cr0.15 Cr0.15 Cr0.14 Cr
Depreciation0.20 Cr0.46 Cr0.26 Cr0.35 Cr-0.26 Cr0.24 Cr0.25 Cr0.25 Cr0.27 Cr0.30 Cr0.30 Cr0.29 Cr
Profit before tax-3 Cr5 Cr7 Cr7 Cr3 Cr10 Cr10 Cr6 Cr6 Cr9 Cr7 Cr4 Cr
Tax %-12.4%9.8%10.9%17.1%48.4%17.0%16.7%17.6%45.5%10.0%17.6%51.5%
Net profit-4 Cr5 Cr6 Cr6 Cr2 Cr8 Cr8 Cr5 Cr3 Cr8 Cr6 Cr2 Cr
EPS (₹)₹-1.97₹2.44₹3.17₹2.97₹0.86₹4.23₹4.25₹2.45₹1.19₹4.19₹2.97₹1.02

Profit & loss (annual)

Annual · last column is TTM · ₹ Cr · tap + to expand

MetricMar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Standalone onlyMar 2025TTM
Sales12 Cr12 Cr13 Cr15 Cr18 Cr28 Cr44 CrSign in for TTM
Operating expenses (approx.)11 Cr11 Cr12 Cr12 Cr14 Cr12 Cr13 CrSign in for TTM
EBITDA2 Cr1 Cr0.55 Cr3 Cr4 Cr16 Cr31 CrSign in for TTM
OPM %14.6%12.1%4.3%18.4%22.0%58.7%70.5%Sign in for TTM
Other income0.46 Cr1 Cr6 Cr12 Cr4 Cr7 Cr2 CrSign in for TTM
Interest1 Cr0.80 Cr0.31 Cr0 Cr0.15 Cr0.70 Cr0.64 CrSign in for TTM
Depreciation0.47 Cr0.48 Cr0.48 Cr0.47 Cr0.94 Cr0.80 Cr1 CrSign in for TTM
Profit before tax0.79 Cr1 Cr6 Cr14 Cr7 Cr22 Cr32 CrSign in for TTM
Tax %-39.3%9.0%19.7%10.6%6.4%17.9%22.3%Sign in for TTM
Net profit1 Cr1 Cr4 Cr13 Cr6 Cr18 Cr25 CrSign in for TTM
EPS (₹)₹1.25₹0.57₹2.32₹6.56₹3.21₹9.44₹12.12Sign in for TTM
Dividend payout %0.0%0.0%0.0%0.0%Sign in for TTM
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Trailing twelve months totals and margin rows

Balance sheet

Annual · ₹ Cr · tap + rows to expand

MetricMar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Standalone onlyMar 2025
Equity capital18 Cr19 Cr19 Cr19 Cr19 Cr19 Cr19 Cr
Reserves6 Cr4 Cr12 Cr30 Cr27 Cr46 Cr69 Cr
Borrowings20 Cr16 Cr11 Cr11 Cr1 Cr1 Cr3 Cr
Other liabilities2 Cr4 Cr2 Cr6 Cr15 Cr11 Cr18 Cr
Total liabilities46 Cr44 Cr46 Cr67 Cr63 Cr78 Cr111 Cr
Fixed assets (net)22 Cr22 Cr22 Cr20 Cr34 Cr39 Cr59 Cr
CWIP0 Cr0 Cr0 Cr
Investments3 Cr3 Cr7 Cr20 Cr15 Cr16 Cr12 Cr
Inventories3 Cr3 Cr2 Cr4 Cr4 Cr6 Cr12 Cr
Trade receivables6 Cr2 Cr1 Cr1 Cr2 Cr4 Cr8 Cr
Cash & bank2 Cr0.02 Cr2 Cr10 Cr1 Cr0.69 Cr3 Cr
Other assets10 Cr14 Cr11 Cr11 Cr7 Cr11 Cr18 Cr
Total assets46 Cr44 Cr46 Cr67 Cr63 Cr78 Cr111 Cr

Cash flows

Annual · ₹ Cr · tap + rows to expand · last column includes FCF

MetricMar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Standalone onlyMar 2025
Cash from operating activity2 Cr16 Cr-3 Cr17 Cr
Cash from investing6 Cr-24 Cr3 Cr-14 Cr
Cash from financing-0.11 Cr-0.86 Cr-0.36 Cr-1 Cr
Net cash flow8 Cr-9 Cr0.35 Cr1 Cr
Free cash flow (OCF − Capex)2 Cr-5 Cr-5 Cr-4 Cr

Ratios

Ratios as reported or derived per annual period.

MetricMar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Standalone onlyMar 2025
ROCE %4.1%5.0%13.6%23.4%13.9%30.5%35.0%
ROE %0.0%0.0%0.0%18.7%13.1%29.2%0.0%
Debtor days190723224505863
Inventory days848063223373497622
Days payable672989791066
Cash conversion cycle26814693149-555546619
Debt / equity0.850.690.360.230.030.020.03
Current ratio3.932.675.975.391.104.473.19
Net debt / EBITDA10.1511.1117.710.490.060.00-0.0074

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