SYNOPSIS: Namo eWaste reported Rs. 87.3 crore revenue in H1 FY26, up 31 percent YoY, with net profit surging 133 percent HoH to Rs. 7 crore. The company expanded into battery recycling, fully deployed IPO funds, and targets a 45-50 percent CAGR.
During Tuesday’s morning trading session, shares of one of India’s leading sustainable electronic waste management companies surged nearly 5.2 percent on NSE, after reporting financial results for H1 FY26 with a net profit growth of around 133 percent HoH and 32 percent YoY.
At 11:11 a.m., shares of Namo eWaste Management Limited were trading at Rs. 191.45 on NSE, as compared to its previous closing price of Rs. 191.9, with a market cap of Rs. 438 crores.
The stock hit its 52-week high at Rs. 243 on 11th November 2024, and is trading at a discount of around 21 percent from its current price levels.
What’s the News:
Namo eWaste Management Limited announced the financial results for the first half of FY26 on Monday, 10th November 2025, as per the latest regulatory filings with the NSE.
For H1 FY26, the company reported a revenue from operations of Rs. 87.3 crores, reflecting a sequential growth of more than 5 percent HoH compared to Rs. 83 crores in H2 FY25, and a year-on-year increase of nearly 31 percent from Rs. 66.8 crores recorded in H1 FY25.
During the same period, the net profit of Namo eWaste stood at Rs. 7 crores, representing an increase of over 133 percent HoH from Rs. 3 crores, as well as a significant growth of around 32 percent YoY from Rs. 5.3 crores.
The successful commencement of the company’s Lithium-ion battery recycling facility at Nashik in June 2025 has expanded its portfolio into one of the fastest-growing segments of India’s waste management sector.
The company has fully utilised the IPO proceeds towards capacity expansion and infrastructure development, thereby reinforcing its long-term operational capabilities. With the 25,000 MTPA e-waste recycling facility in Hyderabad progressing as planned and expected to be commissioned by H2 FY26, the company is positioned to double its total capacity to 68,000 MTPA and significantly expand its national footprint.
The management remains confident of sustaining a 45-50 percent CAGR over the next three years, supported by scalable operations, strong order visibility, and continued ESG-driven growth initiatives.
Namo eWaste Management Limited, one of India’s leading electronic waste management companies, is engaged in the business of e-waste management and recycling of metal scrap. The company got listed under the SME Platform of the National Stock Exchange of India Limited on 11th September 2024.
The company operates a state-of-the-art facility with zero waste discharge technology, specialising in the recovery of precious and industrial metals from e-waste through sustainable recycling processes. Namo eWaste has recently commissioned its Lithium-Ion Battery Recycling facility in Nashik and is developing a new e-waste recycling plant in Hyderabad, both strategically located to serve high-growth industrial clusters across India.
Written by Shivani Singh
Disclaimer
The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Trade Brains Technologies Private Limited or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.
