Eco Recycling Limited has entered a 50:50 joint venture with US-based Electronic Recyclers International to form ERI India. The partnership, signed in Tokyo, targets high-value critical mineral recovery and IT asset disposition. Additionally, the company is now permitted to trade on the NSE, marking a milestone for the debt-free, profit-generating entity as it pivots toward specialized resource recovery.
Eco Recycling Enters 50:50 Global Joint Venture
Total Income for FY 2025-26 reached Rs 53 crore, with a Profit Before Tax of Rs 31.50 crore.
Reader Takeaway: Strategic entry into high-value mineral recovery and US-backed technical partnership drives Ecoreco's new growth phase.
What just happened
Eco Recycling Limited (Ecoreco) has officially signed a 50:50 joint venture agreement with Electronic Recyclers International (ERI), USA. The foundation for 'ERI India' was laid in Tokyo on August 31, 2026. Simultaneously, the company began trading on the National Stock Exchange (NSE) effective August 17, 2026, following approval under exchange circular NSE/CML/75748.
Why this matters
The JV with ERI, a global leader in secure electronics destruction, provides Ecoreco with international technical expertise. This partnership accelerates the company’s transition from volume-based recycling to high-value resource recovery. Ecoreco is now positioned to leverage India’s critical mineral recycling initiatives, which represent a significant segment of a government-backed Rs 1,500 crore industry outlay.
Business Strategy
The company is pivoting its business model to focus on two high-growth areas:
- Critical Mineral Recovery: Extraction of high-value materials from e-waste and lithium-ion batteries.
- IT Asset Disposition (ITAD): Providing data security solutions in alignment with India's Digital Personal Data Protection (DPDP) framework.
Financial Snapshot
Ecoreco concluded FY 2025-26 with a debt-free balance sheet. The company reported a total income of Rs 53 crore and a Profit Before Tax (PBT) of Rs 31.50 crore, while maintaining a cash surplus of approximately Rs 13 crore.
What to track next
Investors should monitor the operational scale-up of the ERI India joint venture and the firm's ability to successfully capture market share within the government's critical mineral recycling framework.