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NSE Close — 25 Sep 2026
₹418.8
Change
-0.45 (-0.11%)
Open
₹428.0
Prev. Close
₹419.25
Day High
₹428.0
Day Low
₹410.0
Volume Analysis
Traded
10,333
Delivered
5,728
Delivery %
55.43%
End-of-day NSE price via the official Bhavcopy — updated once daily after market close, not a live tick.
Strengths, Weaknesses, Opportunities & Threats
Strengths (2)
- •Strong return on equity (23.6%)
- •Strong operating margin (59.0%)
Weaknesses (0)
No signal for this stock
Opportunities (2)
- •Strong 3-year EPS growth (55.1%)
- •Strong 3-year revenue growth (38.7%)
Threats (1)
- •FII holding has been falling
Rule-based signals from the fundamentals below — not investment advice.
Pivot Levels
| Type | R3 | R2 | R1 | Pivot | S1 | S2 | S3 |
|---|---|---|---|---|---|---|---|
| Classic | ₹445.86 | ₹436.93 | ₹427.86 | ₹418.93 | ₹409.86 | ₹400.93 | ₹391.86 |
| Fibonacci | ₹436.93 | ₹430.05 | ₹425.81 | ₹418.93 | ₹412.05 | ₹407.81 | ₹400.93 |
| Camarilla | ₹423.75 | ₹422.1 | ₹420.45 | ₹418.93 | ₹417.15 | ₹415.5 | ₹413.85 |
Support/resistance levels for today, calculated from the previous trading day's high/low/close.
Absolute Returns
YTD
—
1 Week
-0.93%
1 Month
-10.45%
3 Months
—
6 Months
—
1 Year
—
2Y/3Y/5Y not shown yet — price history tracking only goes back to mid-2025 so far.
Stock Vitals
Computed from the latest available annual financials.
Graham Number
₹124.28
Current price is above the Graham Number — Benjamin Graham's estimate of fair value based on earnings and book value.
DuPont ROE Breakdown
19.32%
Net margin 43.64% × asset turnover 0.36x × equity multiplier 1.23x
Company Overview
Sector
Utilities
Market Cap
₹812 Cr
P/E (TTM)
33.8
ROE
23.6%
Book Value
₹57.3
Face Value
₹10.0
Source: Screener.in (Consolidated figures) — data as of 23 Sep 2026. Not investment advice.
TopFund Analysis
Eco Recycling Ltd. holds up reasonably well on TopFund's composite fundamentals check within the Utilities sector, at 66/100. The strongest factor is Financial Strength (100/100), while Valuation (19/100) is the weakest area to weigh before deciding. Notably: Strong return on equity (23.6%); strong operating margin (59.0%). FII holding has been falling.
TopFund Score — Fundamentals Quality
66/100 — GoodData confidence: 77/100 (Moderate Confidence) — based on how complete and how fresh the underlying data is.
As of 27 Sep 2026 · How we calculate this →
Financial Strength
Growth
Valuation
Cash Flow
Corporate Governance
Momentum
Institutional Ownership
Business Quality
Liquidity
From Screener.in
- +Company has reduced debt.
- +Company is almost debt free.
- +Company is expected to give good quarter
- +Company has delivered good profit growth of 99.6% CAGR over last 5 years
- −Stock is trading at 7.32 times its book value
- −Debtor days have increased from 79.9 to 119 days.
Not investment advice — an automated read of public fundamentals data, for research context only.
Corporate Actions
Final dividend Rs1/share, record date September 18, 2026, AGM September 28, 2026; TDS details shared.
We have enclosed copies of newspaper published as on September 03, 2026, w.r.t. Notice of 32nd AGM, Record Date, E-voting Instructions
Source: BSE regulatory filings, via Screener.in.
Quarterly Results
Last several quarters
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 5 | 7 | 7 | 8 | 11 | 13 | 10 | 10 | 9 | 14 | 6 | 19 | 16 |
| Expenses + | 2 | 3 | 2 | 4 | 3 | 4 | 3 | 3 | 4 | 7 | 2 | 6 | 7 |
| Operating Profit | 3 | 4 | 5 | 4 | 8 | 9 | 7 | 7 | 5 | 7 | 4 | 13 | 9 |
| OPM % | 60.48% | 60.14% | 70.15% | 45.71% | 71.84% | 71.56% | 66.73% | 71.24% | 54.76% | 49.86% | 59.56% | 69.48% | 56.27% |
| Other Income + | 3 | 3 | 2 | 0 | 2 | 1 | 0 | 0 | 4 | 0 | 1 | -1 | 3 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 |
| Profit before tax | 5 | 7 | 7 | 3 | 10 | 10 | 6 | 6 | 9 | 7 | 4 | 11 | 11 |
| Tax % | 9.77% | 10.92% | 17.08% | 48.44% | 17.01% | 16.7% | 17.57% | 64.91% | 10.01% | 17.65% | 51.54% | 35.33% | 19.56% |
| Net Profit + | 5 | 6 | 6 | 2 | 8 | 8 | 5 | 2 | 8 | 6 | 2 | 7 | 9 |
| EPS in Rs | 2 | 3 | 3 | 1 | 4 | 4 | 3 | 1 | 4 | 3 | 1 | 4 | 4 |
| Raw PDF | — | — | — | — | — | — | — | — | — | — | — | — | — |
Source: Screener.in — figures in ₹ Crores unless marked %.
Profit & Loss (Yearly)
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 31 | 37 | 19 | 12 | 12 | 12 | 13 | 15 | 18 | 28 | 44 | 48 | 55 |
| Expenses + | 29 | 36 | 18 | 12 | 11 | 10 | 12 | 12 | 14 | 12 | 13 | 19 | 22 |
| Operating Profit | 2 | 1 | 1 | -1 | 2 | 3 | 1 | 4 | 4 | 16 | 31 | 29 | 33 |
| OPM % | 7.0% | 1.8% | 5.0% | -8.0% | 15.0% | 21.0% | 8.0% | 24.0% | 22.0% | 59.0% | 71.0% | 60.0% | 59.0% |
| Other Income + | 0 | 0 | -1 | -6 | 0 | 0 | 5 | 11 | 4 | 7 | 2 | 5 | 3 |
| Interest | 1 | 1 | 1 | 1 | 1 | 1 | 0 | 0 | 0 | 1 | 1 | 1 | 1 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 2 | 2 |
| Profit before tax | 1 | 0 | -2 | -9 | 1 | 1 | 6 | 14 | 7 | 22 | 32 | 31 | 33 |
| Tax % | 25.0% | 75.0% | -3.0% | 0.0% | -39.0% | 9.0% | 20.0% | 11.0% | 6.0% | 18.0% | 26.0% | 26.0% | — |
| Net Profit + | 1 | 0 | -2 | -9 | 1 | 1 | 4 | 13 | 6 | 18 | 23 | 23 | 24 |
| EPS in Rs | 0 | 0 | -1 | -5 | 1 | 1 | 2 | 7 | 3 | 9 | 12 | 12 | 12 |
| Dividend Payout % | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 15.0% | 0.0% | 0.0% | 0.0% | 0.0% | — |
Source: Screener.in — figures in ₹ Crores unless marked %.
Balance Sheet
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Reserves | 13 | 13 | 10 | 6 | 6 | 4 | 12 | 30 | 27 | 47 | 69 | 91 |
| Borrowings + | 17 | 19 | 20 | 23 | 20 | 17 | 11 | 11 | 1 | 5 | 4 | 4 |
| Other Liabilities + | 15 | 24 | 6 | 3 | 2 | 3 | 2 | 6 | 16 | 10 | 18 | 20 |
| Total Liabilities | 63 | 73 | 54 | 49 | 46 | 44 | 46 | 67 | 63 | 81 | 111 | 135 |
| Fixed Assets + | 8 | 14 | 14 | 22 | 22 | 22 | 22 | 20 | 34 | 39 | 59 | 57 |
| CWIP | 13 | 8 | 9 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 7 | 7 | 2 | 3 | 3 | 3 | 7 | 20 | 15 | 18 | 12 | 12 |
| Other Assets + | 36 | 44 | 28 | 24 | 22 | 19 | 16 | 26 | 15 | 24 | 40 | 66 |
| Total Assets | 63 | 73 | 54 | 49 | 46 | 44 | 46 | 67 | 63 | 81 | 111 | 135 |
| Equity Capital | 18 | 18 | 18 | 18 | 18 | 19 | 19 | 19 | 19 | 19 | 19 | 19 |
Source: Screener.in — figures in ₹ Crores unless marked %.
Cash Flow
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 1 | 2 | -1 | 1 | 8 | 5 | 9 | 0 | 16 | -3 | 17 | 13 |
| Cash from Investing Activity + | -1 | -2 | 1 | 0 | -3 | -4 | 0 | 8 | -24 | 3 | -14 | -1 |
| Cash from Financing Activity + | 0 | 0 | 0 | -1 | -4 | -4 | -7 | 0 | -1 | 0 | -1 | -1 |
| Net Cash Flow | 0 | 0 | 0 | 0 | 2 | -2 | 2 | 8 | -9 | 0 | 1 | 11 |
| CFO/OP | 46 | 324 | -66 | -91 | 468 | 221 | 905 | 56 | 447 | 8 | 81 | 71 |
| Free Cash Flow | 1 | 1 | -2 | 1 | 6 | 5 | 8 | 0 | -5 | -5 | -4 | 12 |
Source: Screener.in — figures in ₹ Crores unless marked %.
Shareholding Pattern
Quarter-by-quarter — Promoters, FII, DII & public holding trend
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Public | 25.8% | 25.75% | 25.47% | 25.49% | 25.47% | 25.49% | 25.41% | 25.55% | 25.61% | 25.8% | 26.08% | 26.21% |
| Promoters | 73.34% | 73.35% | 73.35% | 73.35% | 73.35% | 73.35% | 73.35% | 73.35% | 73.35% | 73.35% | 73.35% | 73.35% |
| FII | 0.86% | 0.9% | 1.18% | 1.17% | 1.19% | 1.14% | 1.12% | 0.93% | 0.91% | 0.72% | 0.43% | 0.25% |
| DII | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.02% | 0.11% | 0.17% | 0.13% | 0.13% | 0.13% | 0.19% |
Source: Screener.in — quarterly shareholding disclosures.
Peers Comparison
Utilities — ranked by market cap
| Company | Market Cap (Cr) | P/E | P/B | ROE |
|---|---|---|---|---|
| Eco Recycling Ltd. (this stock) | 812 | 33.8 | 7.33 | 23.6% |
| Denta Water N Infra Sol L | 732 | 13.7 | 1.6 | 14.0% |
| Jitf Infralogistics Ltd | 720 | — | -1.4 | — |
| Concord Enviro Systems L | 574 | 25.0 | 1.01 | 3.57% |
| Antony Waste Hdg Cell Ltd | 1,074 | 18.4 | 1.45 | 10.9% |
| Race Eco Chain Limited | 203 | 27.1 | 2.74 | 9.28% |
| Technocraft Ventures Ltd | 1,945 | 43.5 | — | 30.6% |
Which Mutual Funds Hold Eco Recycling Ltd.?
Frequently Asked Questions about Eco Recycling Ltd.
Eco Recycling Ltd. (ECORECO) closed at ₹418.8 on NSE on 25 September 2026, down 0.45 (0.11%) from the previous close.
Eco Recycling Ltd. trades on the NSE (National Stock Exchange of India) under the symbol ECORECO.
Eco Recycling Ltd. has a trailing twelve-month P/E (price-to-earnings) ratio of 33.8.
Eco Recycling Ltd. has a dividend yield of 0.24%.
Eco Recycling Ltd.'s 52-week high is ₹640.0 and its 52-week low is ₹225.0.
Eco Recycling Ltd. has a market capitalisation of ₹812 crore.
Eco Recycling Ltd. has a TopFund Quality Score of 66/100 (Good), a composite of profitability, balance-sheet health, growth and valuation. This is an analytical score based on public data, not personalized investment advice — see the full breakdown below before deciding.
Community Sentiment
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