Eco Recycling Reports Strong Q2 Performance

Q2 FY27 Standalone Profit: Rs 7.53 crore
Q2 FY27 Standalone Revenue: Rs 16.42 crore

Reader Takeaway: Steady revenue expansion and zero debt position provide stability, though sector concentration remains a primary monitorable.

What just happened

Eco Recycling Ltd has released its financial results for the quarter and half-year ended September 30, 2026. The company posted a standalone profit after tax (PAT) of Rs 7.53 crore for Q2, marking an improvement over the Rs 6.17 crore reported in the same quarter last year. Revenue from operations for the quarter stood at Rs 16.42 crore, up from Rs 14.42 crore year-on-year.

Why this matters

The steady growth in both revenue and profit underscores the company's operational execution in the e-waste management space. Notably, the company maintains a debt-free profile, with finance costs limited only to lease liabilities, reducing interest rate sensitivity for shareholders.

Governance and Audit

The Board of Directors approved these results on November 4, 2026, following a review by the Audit Committee. Statutory auditors M/s. DMKH & Co. have issued an unmodified limited review report, lending credibility to the financial disclosures.

Risks to watch

Investors should keep a close eye on the company's reliance on the e-waste management segment. As a single-segment player, the company remains highly susceptible to fluctuations in raw material recovery prices and changing e-waste regulatory frameworks.

Context metrics

For the half-year (H1) period, consolidated revenue reached Rs 32.60 crore, significantly higher than the Rs 23.66 crore reported in the first half of the previous fiscal year. The company reported basic and diluted EPS of Rs 7.47 for the half-year period.