Eco Recycling Ltd
Eco Recycling Ltd (Ecoreco) is the India’s 1st and leading E-waste management company, offering end-to-end solutions of Reverse Logistics, Data Destruction, Information Technology Asset Disposition (ITAD), Recycling of E-waste, Lamp Recycling, Precious Metal Recovery, implementation of EPR and CSR initiatives, Recycling on Wheels-SmartER.[1]
- Market Cap ₹ 989 Cr.
- Current Price ₹ 513
- High / Low ₹ 535 / 99.0
- Stock P/E 81.7
- Book Value ₹ 29.9
- Dividend Yield 0.00 %
- ROCE 7.63 %
- ROE 8.57 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is expected to give good quarter
- Company has delivered good profit growth of 57.6% CAGR over last 5 years
Cons
- Stock is trading at 17.1 times its book value
- The company has delivered a poor sales growth of 9.02% over past five years.
- Company has a low return on equity of 8.12% over last 3 years.
- Earnings include an other income of Rs.7.47 Cr.
- Debtor days have increased from 35.4 to 50.4 days.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Miscellaneous Industry: Miscellaneous
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2008 | Mar 2009 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
26 | 21 | 31 | 37 | 19 | 12 | 12 | 12 | 13 | 15 | 18 | 25 | |
27 | 22 | 29 | 36 | 18 | 12 | 11 | 10 | 12 | 12 | 14 | 15 | |
Operating Profit | -1 | -1 | 2 | 1 | 1 | -1 | 2 | 3 | 1 | 4 | 4 | 10 |
OPM % | -4% | -6% | 7% | 2% | 5% | -8% | 15% | 21% | 8% | 24% | 22% | 39% |
2 | 1 | 0 | 0 | -1 | -6 | 0 | -0 | 5 | 11 | 4 | 7 | |
Interest | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 0 | 0 | 0 | 0 |
Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 |
Profit before tax | 1 | -0 | 1 | -0 | -2 | -9 | 1 | 1 | 6 | 14 | 7 | 16 |
Tax % | 11% | -2% | 25% | -75% | 3% | 0% | -39% | 9% | 20% | 11% | 6% | |
1 | -0 | 1 | -0 | -2 | -9 | 1 | 1 | 4 | 13 | 6 | 13 | |
EPS in Rs | 0.48 | -0.11 | -0.85 | -4.58 | 0.57 | 0.58 | 2.32 | 6.58 | 3.21 | 6.28 | ||
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 15% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 9% |
3 Years: | 13% |
TTM: | 39% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 58% |
3 Years: | 39% |
TTM: | 12% |
Stock Price CAGR | |
---|---|
10 Years: | 39% |
5 Years: | 66% |
3 Years: | 110% |
1 Year: | 374% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 7% |
3 Years: | 8% |
Last Year: | 9% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2008 | Mar 2009 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 4 | 5 | 18 | 18 | 18 | 18 | 18 | 19 | 19 | 19 | 19 | 19 |
Reserves | 4 | 10 | 13 | 13 | 10 | 6 | 6 | 4 | 12 | 30 | 27 | 38 |
0 | 0 | 17 | 19 | 20 | 23 | 20 | 17 | 11 | 11 | 2 | 6 | |
10 | 7 | 15 | 24 | 6 | 3 | 2 | 3 | 2 | 6 | 15 | 9 | |
Total Liabilities | 19 | 23 | 63 | 73 | 54 | 49 | 46 | 44 | 46 | 67 | 63 | 72 |
1 | 4 | 8 | 14 | 14 | 22 | 22 | 22 | 22 | 20 | 34 | 37 | |
CWIP | 0 | 0 | 13 | 8 | 9 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments | 6 | 6 | 7 | 7 | 2 | 3 | 3 | 3 | 7 | 20 | 15 | 20 |
12 | 13 | 36 | 44 | 28 | 24 | 22 | 19 | 16 | 26 | 15 | 15 | |
Total Assets | 19 | 23 | 63 | 73 | 54 | 49 | 46 | 44 | 46 | 67 | 63 | 72 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2008 | Mar 2009 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|
-9 | 2 | 1 | 2 | -1 | 1 | 8 | 5 | 9 | 0 | 16 | |
-1 | -2 | -1 | -2 | 1 | -0 | -3 | -4 | -0 | 8 | -24 | |
10 | 1 | 0 | 0 | -0 | -1 | -4 | -4 | -7 | -0 | -1 | |
Net Cash Flow | -0 | 0 | 0 | 0 | -0 | 0 | 2 | -2 | 2 | 8 | -9 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2008 | Mar 2009 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 4 | 72 | 194 | 236 | 194 | 141 | 125 | 72 | 32 | 24 | 50 |
Inventory Days | 15 | 14 | 124 | 104 | 275 | 317 | 170 | 234 | 178 | 272 | 251 |
Days Payable | 4 | 78 | 99 | 263 | 122 | 1 | 12 | 20 | 6 | 119 | 659 |
Cash Conversion Cycle | 16 | 7 | 219 | 77 | 347 | 456 | 282 | 286 | 204 | 178 | -357 |
Working Capital Days | 153 | 148 | 196 | 157 | 378 | 553 | 256 | 179 | 82 | 66 | -90 |
ROCE % | -6% | 2% | 2% | 1% | 4% | 6% | 3% | 10% | 8% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Press Release / Media Release
1d - Press Release - Eco Recycling Ltd leads the sustainable charge with record e-waste collection on Global Recycling Day
- Closure of Trading Window 2d
-
Announcement under Regulation 30 (LODR)-Resignation of Company Secretary / Compliance Officer
23 Mar - Clarification/reply letter on discrepancies in submitting reason for Resignation of the Company Secretary & Compliance Officer. In continuation with the earlier intimation on December 29, …
- Announcement Under Regulation 30 Of SEBI (LODR) Regulations, 2015_Sale/Disposal Of Shares Of The Associate Company 22 Mar
-
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
19 Mar - Of Participation in ''Bharat Connect Conference''
Annual reports
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2014
from bse
-
Financial Year 2013
from bse
-
Financial Year 2012
from bse
-
Financial Year 2011
from bse
-
Financial Year 2010
from bse
-
Financial Year 2009
from bse
Concalls
-
Feb 2024Transcript PPT
-
Oct 2023TranscriptPPT
-
Sep 2023TranscriptNotesPPT
-
Jul 2023TranscriptPPT
Overview[1]
Ecoreco is pioneer & Leader in India’s E-waste Management sector. The company uses proven recycling technologies from US, Europe & Japan. It serves 120+ countries globally and has a 7200 MTPA recycling capacity.