Jul 18, 2024 02:21 PM
Eco Recycling Ltd
SECTOR : Miscellaneous | BSE :530643 |
Commenting on the performance, B K Soni, Chairman & Managing Director of Eco Recycling Limited said, “We are delighted to announce yet another successful year marked by robust financial performance. During FY24, total revenues surged by 64%. Overall, PAT saw an impressive surge of 163%, showcasing the strength and resilience of the business.
Several factors have driven our success, including the growing importance of Extended Producer Responsibility (EPR) obligations and increasing awareness of the need for e-waste recycling. Our proactive support for global brands in meeting their EPR obligations demonstrates our leadership in the industry.
In addition to our financial milestones, our recent capacity expansion has strengthened our capabilities. | am proud to announce our inclusion in TERRA, a prestigious global network of e-Stewards and R2 Certified e-scrap providers. Being the first facility in India to join this esteemed group sets a new standard for sustainable e-waste management, and we are enthusiastic about collaborating for positive change on a global scale.
Looking ahead, we are dedicated to expanding our capacities and exploring opportunities in emerging ewaste markets abroad. Our commitment to investing in innovative recycling technologies and adhering international standards remains unwavering. We are enthusiastic about our continued contribution to environmental preservation while driving positive change on a global scale.”
Financials( ₹ in Cr) | Eco Recycling Ltd | Central Depository Services (India) Ltd | Godrej Agrovet Ltd | Indegene Ltd | Thomas Cook (India) Ltd |
---|---|---|---|---|---|
Price | 722.00 | 2,340.00 | 825.05 | 585.00 | 249.71 |
% Change | -3.15 | 1.87 | 3.12 | 2.64 | -0.60 |
Mcap ₹ Cr | 1,393.24 | 24,453.00 | 15,858.37 | 13,997.24 | 11,745.88 |
Revenue TTM ₹ Cr | 17.74 | 555.09 | 9,560.55 | 2,306.13 | 5,047.67 |
Net Profit TTM ₹ Cr | 6.19 | 275.96 | 359.45 | 266.10 | 10.37 |
PE TTM | 77.00 | 59.41 | 45.35 | 40.95 | 45.66 |
1 Year Return | 531.95 | 93.83 | 78.37 | 2.47 | 230.30 |
ROCE | 7.88 | 31.39 | 14.91 | 29.51 | 3.69 |
ROE | 8.92 | 23.93 | 14.81 | 29.12 | 0.57 |
Equity Capital: 45.83 Cr FV: 10.00
Period | MF Net Purchase / (sold) | FII Net |
---|---|---|
LAST 1M | 21,424.68 | 50,451.86 |
LAST 3M | 100,072.29 | 51,097.20 |
LAST 6M | 183,053.48 | 43,859.44 |
LAST 12M | 309,832.68 | 84,987.81 |
Date | Action Type | Ratio |
---|---|---|
Aug 18, 2022 | Dividend | 10 |
Eco Recycling Limited (Formerly known as Infotrek Syscom Ltd) was incorporated in August, 1994. The Company is engaged in the business of recycling of electrical & electronic waste (e-waste), data destruction, recycling of fused lamps, providing services relating to extended producers` responsibility, corporate social responsibility and other affiliated activities. Promoted by B K Soni, the Company`s main operations are Development of Software on CompactDiscs. During 2000-2001 the company has successfully developed solution for the Backward Classes Welfare Department in the State of West Bengal . The Company started refurbishing division in New Bombay in 2005-06. To widen the network, it launched a virtual Electronic Exchange primarily to trade online in the second hand electronic equipments. The e-exchangeindia.com was launched jointly by Recycle Net Corporation, USA and Infotrek Syscom Limited. The Company had floated a subsidiary in the name of Eco Recycling Ltd in September 2007 and invested an amount of Rs. 10.49 Cr. by 31st March, 2009 out of its net owned funds. In 2009-10, Eco Recycling Ltd was merged with the Company effective on November 24, 2010 by Scheme of Amalgamation. As envisaged in the Scheme of Amalgamation, the name of the Company changed from Infotrek Syscom Limited to Eco Recycling Limited. During the year 2022-23, the Company made investment in ELV Recycling Private Limited for 50,000/- Equity Shares having a face value of Rs. 10/- each which constitute 50 % of Total Shareholding of the aforesaid Company, by virtue of which ELV Recycling Private Limited was made an Associate Company. In a similar way, the Company made an investment in 8,49,999 equity shares having face value of Rs. 10/- each in Ecoreco Enviro Education Private Limited which constitute 99.99% of total shareholding of the aforesaid Company and Ecoreco Enviro Education Private Limited became a wholly owned subsidiary.
422 The Summit Business Bay, Andheri Kurla Road Andheri (E), Mumbai, Maharashtra, 400093
Tel | : | 91-022-40052951/52/53 |
: | shareholders:ecoreco.com; info:ecoreco.com | |
Website | : | http://www.ecoreco.com |
Bigshare Services Pvt Ltd
AGM Date (Month) | : | Aug |
Face Value Equity Shares | : | 10 |
Market Lot Equity Shares | : | 1 |
BSE Code | : | 530643 |
NSE Code | : | |
Book Closure Date (Month) | : | Aug |
BSE Group | : | XT |
ISIN | : | INE316A01038 |
You can buy Eco Recycling Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Eco Recycling Ltd Share.
Company share prices and volatile and keep changing according to the market conditions. As of Jul 18, 2024 02:21 PM the closing price of Eco Recycling Ltd was Rs.722.00.
The latest PE ratio of Eco Recycling Ltd as of Jul 18, 2024 02:21 PM is 77.00
The latest PB ratio of Eco Recycling Ltd as of Jul 18, 2024 02:21 PM is 0.05
The 52-week high of Eco Recycling Ltd share price is Rs. 797.00 while the 52-week low is Rs. 111.55
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of Jul 18, 2024 02:21 PM, the market cap of Eco Recycling Ltd stood at Rs. 1,393.24 Cr.