Horizon Reclaim H1 FY27 Revenue ₹2,817.98 Cr, Up 28.24%

Horizon Reclaim (India) Limited has released its Business Update for the half-year ended September 30, 2026. The company reported a revenue of ₹2,817.98 Cr for H1 FY27, marking a significant year-on-year growth of 28.24%. Key developments include the commissioning of a pyrolysis oil facility at Rajkot (Unit II), expanding their circular economy model beyond reclaimed rubber to include pyrolysis oil, carbon char, and steel scrap. The company also successfully listed on the BSE SME platform on June 19, 2026, with an IPO subscribed 304.11 times and listing at a 46.6% premium. Horizon Reclaim operates three manufacturing units and is undergoing capacity expansion, with planned capacity increasing to 86,800 MTPA from the current 59,700 MTPA. The MD highlighted the strategic importance of waste rubber as a resource and the company's strong positioning to meet the growing demand for sustainable raw materials.