Horizon Reclaim Resubmits Business Update for H1 FY27
Horizon Reclaim (India) Ltd has resubmitted its Business Update for the half-year ended September 30, 2026 (H1 FY 2026-27) due to an inadvertent typo in the earlier submission. The company reported revenue of ₹28.17 Cr for H1 FY27, a year-on-year growth of 28.24%. Key developments include the commissioning of a pyrolysis oil facility at Rajkot, expanding their circular economy model beyond reclaimed rubber. The company also highlighted its BSE SME listing on June 19, 2026, which was subscribed 304.11 times and listed at a premium. Capacity expansion is underway, with planned capacity reaching 86,800 MTPA, expected to be operational by November 2026. Management expressed confidence in meeting the growing demand for sustainable raw materials.
Key Highlights
- Revenue for H1 FY27 reached ₹28.17 Cr, up 28.24% YoY.
- Commissioned Rajkot pyrolysis facility, diversifying into pyrolysis oil, carbon char, and steel scrap.
- BSE SME IPO subscribed 304.11 times, listing at a 46.6% premium.
- Capacity expansion to 86,800 MTPA expected operational by November 2026.
- Focus on circular economy model and sustainable raw material supply.
Price Impact
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