Namo eWaste Management Reports Robust FY26 Financial Results, Drives Battery Recycling Expansion

Namo eWaste Management Reports Robust FY26 Financial Results, Drives Battery Recycling Expansion​

Namo eWaste Management Limited today announced its audited consolidated financial results for the half-year and full-year ended March 31, 2026. The company reported a significant surge in profitability and revenue, coupled with major strategic advancements, including the consolidation of its battery recycling operations and a substantial capacity expansion to 82,000 MTPA.

The company’s financial performance demonstrates robust growth across key operational metrics.

Strategic and Operational Focus​

The firm has significantly enhanced its recycling capacity as part of its long-term growth strategy, increasing its capability to 82,000 MT per annum. Furthermore, Namo eWaste received the "Recycler of the Year" Award from the Material Recycling Association of India (MRAI), recognizing its commitment to sustainability, innovation, and compliance.

Mr. Akshay Jain, Managing Director of Namo eWaste Management Limited, stated that FY 2025-26 was a landmark year, driven by strong financial growth and operational expansion toward building a sustainable circular economy platform. "We delivered strong all-round performance, reporting a significant improvement across key metrics with our Total Income reaching ₹ 195.13 Cr and Profit After Tax surging to ₹ 14.35 Cr," he noted.

Jain highlighted that the consolidation of the battery waste management business under the listed entity is a crucial step in strengthening the integrated recycling platform. This move aims to streamline the corporate structure while bringing increased operational focus and oversight to the battery segment.

"Battery waste management is emerging as a critical component of the circular economy, driven by increasing adoption of electronic devices, energy storage systems and electric mobility solutions," he added. The company is targeting a 45-50% CAGR over the next three years, which will be supported by capacity expansion, operational integration, and growing regulatory enforcement for responsible e-waste and battery recycling.

Profile: Namo eWaste Management Limited​

Established in 2014 and listed on the NSE SME platform, Namo eWaste Management Limited is positioned as a leader in India's circular economy. The company utilizes zero-waste discharge technology to recover precious and industrial metals while adhering to strict ESG standards.

The business model operates through a robust B2B ecosystem, providing recycling, refurbishment, and IT Asset Disposition (ITAD) services to global manufacturers and bulk consumers. By maintaining an integrated approach, Namo derives significant revenue from both high-yield recycling and its expanding refurbishment segment, supported by a nationwide logistical network. The enhanced total processing capacity of 82,000 MTPA positions the company to serve high-growth industrial clusters and the surging EV battery recycling market.

NAMOEWASTE Stock Price Movement​

Shares of Namo eWaste Management Limited are edging higher to ₹209.4 as of 3:11 PM today, rallying 7.49% in live trading. The stock saw significant investor interest, trading on a volume of 173,600 shares.