Eco Recycling Chairman Highlights FY26 Performance and Future Strategy
Eco Recycling Limited (Ecoreco) held its 32nd AGM, where the Chairman reviewed the company's performance for FY 2025-26. Key financial highlights include total income of ₹53 crore, Profit Before Tax of ₹31.50 crore, and a cash surplus of ₹13 crore, all while remaining debt-free. The company is transitioning from e-waste recycling to resource recovery, focusing on higher-value streams like IT Asset Disposition, secure data destruction, refurbishment, battery recycling, and critical mineral recovery. Ecoreco is also exploring opportunities under the Government's Critical Mineral Recycling initiative. A significant development is the proposed 50:50 joint venture, ERI India, with Electronic Recyclers International, USA, to leverage complementary strengths in secure electronics destruction and IT Asset Disposition.
Key Highlights
- FY26 income ₹53 Cr, PBT ₹31.50 Cr, cash surplus ₹13 Cr, debt-free.
- Transitioning to resource recovery, focusing on higher value streams.
- Exploring critical mineral recovery and government initiatives.
- Proposed 50:50 joint venture with ERI USA for IT Asset Disposition.
- Chairman emphasizes experience and preparation for future opportunities.
Price Impact
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