Tokyo Announcement and Global Collaboration
Ecoreco and ERI (USA) have transitioned their strategic partnership into the formal unveiling of ERI India during a global event in Tokyo. The announcement was witnessed by more than 800 participants, including senior government officials and representatives from the embassies of India, Japan, and the United States. This initiative is designed to integrate advanced material resource recovery technologies with India’s domestic infrastructure.
The platform will manage IT Asset Disposition, secure data destruction, and the recovery of critical materials from electronics, addressing increasing global volumes of end-of-life equipment while promoting international cooperation in circular resource management.
Strategic Resource Recovery Objectives
- Combines ERI’s data-security tech with Ecoreco’s regional network and regulatory understanding
- Focuses on the preservation and recovery of material wealth embedded in manufactured products
- Establishes a transparent, technology-driven circular model for secondary resource recovery
- Aims to reduce the need for virgin resource extraction by recycling critical minerals
- Strengthens international cooperation in material sustainability and resource-security objectives
Business and Operational Overview
Eco Recycling Limited is a pioneering e-waste recycling firm in India, providing integrated solutions across the entire lifecycle of electronic assets. The company operates certified facilities and serves a broad range of stakeholders including corporates, OEMs, and government institutions. Its services encompass reverse logistics, lithium-ion battery recycling, and Extended Producer Responsibility compliance.
With a promoter holding of 73.35%, the company maintains a significant market position in the Indian waste management sector. The new ERI India platform leverages Ecoreco’s established infrastructure to implement global environmental and data security standards within the domestic market.
Financial Context and Performance
Financially, Eco Recycling Limited reported a trailing twelve-month operating revenue of ₹55.13 crore and a net profit of ₹24.02 crore. The company has demonstrated significant quarterly revenue growth of 75.22% year-on-year for the period ending June 2026. Currently, the stock trades at a P/E TTM of 37.42, compared to the industry P/E of 27.09 and its own 3-year average P/E of 60.62.
The company maintains healthy efficiency metrics with a Return on Equity of 20.9% and a Return on Assets of 17.16%, both of which are currently positioned above their respective sector averages.
