The shares of Municipal Solid Waste Management (MSW) Company which is engaged in providing a wide range of MSW services like solid waste collection, transportation, segregation of waste, and processing and disposal services surged and hit a 5 percent upper circuit after securing a significant order.
Price Action
The shares of Urban Enviro Waste Management Ltd, with a total market capitalization of Rs 142.98 Crore on Tuesday, hit a 5 percent upper circuit at Rs 165.1 per share in today’s trading session. The shares have generated a return of 18.5 percent in the past year, and a solid 134 percent return since its listing in June 2023.
What Happened
On March 18, 2025, Urban Enviro Waste Management Ltd informed the exchange that it had secured a work order from Anjar Municipality, Gujarat for cleaning operation in Ward No. 1 to 9 of Anjar Municipality. The total duration of the work order is two years and is valued at approximately Rs 7.77 Crore.
Previous Orders
In recent months, Urban Enviro has strengthened its position in the waste management sector by securing several work orders. It has obtained a Rs 88 Lakh work order from Petlad Municipality, Gujarat, for door-to-door garbage collection and transportation, as well as a Rs 12 Lakh work order from Anjar Municipality, Gujarat, for road cleaning and sweeping under the Nirmal Gujarat 2.0 grant.
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Financials
The company reported a jump of 54.6 percent in Revenue from operations from Rs 46.5 Crore in H1FY24 to Rs 71.9 Crore in H1FY25. Their Net Profits rose 90 percent from Rs 4 Crore to Rs 7.6 Crore over the same period.
Key Ratios
The company has a D/E ratio of 0.79, and its P/E ratio is 19.37, which is less than the industry average of 40.17. It has an ROE of 36.52 percent with an ROCE of 34.64 percent. The company has a strong 1-year CAGR for Revenue at 161.7 percent, Net Profits at 227 percent, and Operating Profit at 131 percent.
About the company
Urban Enviro Waste Management Ltd specializes in waste management solutions, primarily focusing on municipal solid waste (MSW) management services. The company provides a comprehensive range of services including waste collection, transportation, segregation, processing, and disposal across various regions in India.
It currently extends its services in the Central & Western Regions of the country and parts of Maharashtra, Gujarat, Rajasthan & Chhattisgarh. Some of the notable ongoing projects of the company include Jaipur Nagar Nigam, Ankleshwar, NEERI, and MIHAN India Ltd.
Written By Adhvaitha Nayani
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