Recycling
31 recent notes from companies in this sector. 11 companies tracked.
CMR Green guides 25% volume growth in FY27 with ₹200 cr capex
India's largest aluminium recycler held its first earnings call as a listed company. Management backed growth with two new plants and diversification into beverage-can recycling and green billets.
CMR Green posts 30% revenue jump, guides 25% volume growth in FY27
FY26 PAT jumped 47% to ₹228 cr on volumes over 80K MT. Two new plants with ₹200 cr capex target 7 lakh MT capacity by FY27-end.
Race Eco Chain sells prime associate at a loss, gives up 54% of income
Company offloads 0.99% stake in Prime Industries for ₹88.53 lakhs, booking a ₹14.4 crore loss. The associate contributed 53.58% of consolidated income in FY26.
Pondy Oxides promoter sells 2.95% stake, holding drops to 4.34%
Manju Bansal unloads ₹112.6 cr in open market; no reason disclosed. The sale represents over 2.6% of market cap.
CMR Green confirms FY26 numbers, subsidiary expansions on track
Routine board meeting approves audited results; Bawal and Shoolagiri plants due in FY27.
CMR Green's FY26 audit confirms prior numbers, expansions on track
Audited FY26 revenue of ₹8,646 cr matches guidance; subsidiary plants in Haryana and Tamil Nadu still set for FY27 operations.
Antony Waste issues ₹50 cr guarantee for subsidiary credit line
The guarantee to Oxyzo Financial Services adds a fresh contingent liability worth 3.62% of market cap for the micro-cap waste handler.
Tinna Rubber dispatches first batch from new Varale plant
The recovered carbon black and tyre pyrolysis oil facility came online ahead of a previously postponed timeline, with annual revenue contribution pegged at ₹50-55 crore — roughly 10% of FY26's ₹533 crore turnover.
Gravita's material arm gets rating upgrade from Infomerics
Rashtriya Metal Industries' bank loan facilities of ₹295 cr raised to IVR AA/Stable, short-term to IVR A1+.
Race Eco Chain proposes demerger, ties up with Ganesha Ecosphere
The nano-cap recycler will split into three listed entities while India's largest PET recycler takes an equity stake. Standalone Q4 revenue slipped 22% to ₹108.25 cr.
Gravita India's Mundra plant gets LME brand listing for lead
The London Metal Exchange certification makes Gravita's lead eligible for delivery at all LME-approved warehouses globally, supplementing its existing MCX listing.
Namo Ewaste profit jumps 70%, sets ₹1,100 crore target
FY26 net profit hit ₹14.35 cr as revenue rose 29%. Company targets five-fold revenue increase with hydrometallurgy push and ₹60 cr capex. Battery recycling utilization must leap from 10% to 60-70%.
India Ratings lifts Gravita outlook to Positive on ₹150 cr loans
The agency affirmed the IND AA- rating on Gravita's ₹150 crore bank facilities but turned the outlook Positive. It follows ICRA's upgrade to AA in June.
ICRA upgrades Gravita India's credit rating to AA, citing stronger finances
The one-notch upgrade on ₹1,000 cr in working capital limits reflects improved profitability and a more comfortable liquidity position.
Exim Routes posts 72% revenue growth, guides for ₹300 cr in FY27
First post-IPO results show the company's platform now tracks one-fifth of India's recycled-paper imports. Management expects both top and bottom lines to grow 30-50% next year.
Antony Waste's Q4 transcript adds nothing new. The results were already out.
A routine recording of the June 1 concall. No new data, guidance, or management signals beyond what the market already priced in.
Pondy Oxides funds ₹200 cr expansion from its own cash pile
The copper cathode project is fully internally funded, with lead volume growth guided at ~15%. Management detailed the Q4 record on the earnings call.
Antony Waste revenue hits ₹1,053 cr, but profit slips 9% on cost pressure
Consolidated net profit fell to ₹91.75 crore even as the waste-management company grew top line 13%, pointing to margin erosion.
Cerebra's auditor disclaims the accounts as losses swell to ₹71.64 cr
The company is already in CIRP. The Q4 and full-year results, filed a year late, show revenue collapsed to ₹5.96 crore and the auditor refused to sign off.
Pondy Oxides targets FY27 growth as copper cathode plans take shape
Management forecasts lead volumes up to 130,000 tons for FY27 while pivoting toward high-margin copper cathode production to lift long-term profitability.
Mukul Agrawal nears total exit from Siyaram Recycling
Param Value Investments has offloaded another 4.65% stake in the brass recycler, cutting its holding to 1.49% after a series of open-market sales.
Pondy Oxides reports Q4 revenue growth of 80% YoY
The company released its Q4 and FY26 performance summary, confirming figures already disclosed in its earlier board meeting outcome.
Pondy Oxides to build ₹200 cr copper recycling plant in Tamil Nadu
The company targets a 36,000-tonne annual capacity for LME Grade A copper cathode by December 2026, funded entirely by internal accruals.
Pondy Oxides profit doubles to ₹138.73 crore in FY26
Revenue climbed to ₹2,938.65 crore as demand for lead and copper surged. The board recommended a dividend of ₹5 per share.
GEM Enviro's revenue jumped 61%. Profit fell 24%.
The waste-management firm grew its top-line at a blistering pace but its margins compressed sharply in FY26.
Tinna Rubber pushes ₹1,000 cr revenue target to FY29, delays South Africa JV
Record tyre processing volumes couldn't prevent a year's delay on the company's flagship target. The South Africa JV and new carbon black plant are also running late.
Namo plots a fourfold revenue jump to main board in 18–24 months
CEO Sanjeev Shrivastava set a target of ₹800–900 crore in revenue and ₹50 crore in profit for a main-board listing. The bet is on battery recycling.
Tinna Rubber posts 26% profit jump on 5.6% revenue growth
Standalone profit rose to ₹53.24 crore for FY26. The board also greenlit a ₹15 crore bet on a South African joint venture.
Tinna Rubber's profit climbs 26% on ₹533 cr revenue
The micro-cap recycler's FY26 profit growth outpaced revenue by a wide margin. The board also approved a ₹15 cr investment in a South African joint venture.
GRP's EBITDA margin fell to 7% as tariffs crushed exports
Quarterly profit collapsed from 21% to 7% of revenue. A key growth project is delayed again, and the polymer composite business is shut.
Race Eco Chain's CFO resigns ahead of FY results
Piyanshu Sharma quits the nano-cap; successor to be named at same board meeting that will review annual numbers.