Eco Recycling Limited · BSE:ECORECO
Eco Recycling — H1 FY2025 Earnings Presentation
44 slides from Eco Recycling's earnings presentation, Nov 12, 2024
Slide 1: Regulation 30 Cover Letter to BSE
November 12, 2024 BSE Limited Phiroze Jeejeebhoy Towers Dalal Street Mumbai — 400001 Scrip Code > 530643 Scrip Name : ECORECO ISIN : INE316A01038 Subject: Investor Presentation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with Para A of Part A
Slide 2: Eco Recycling Limited Q2 & H1 FY25 Investor Presentation
Eco Recycling Limited The Pioneer E-waste Recycling Company of India Since 2005 Q2 & H1 FY25 Investor Presentation
Slide 3: Safe Harbour Statement
Safe Harbour Statement This presentation and the accompanying slides (The Presentation), which have been prepared by Eco Recycling Limited (Ecoreco, The Company) solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securities,
Slide 4: Ecoreco @ Glance
Ecoreco @ Glance FY24 120+ Key Total Income ₹ 35 Cr Countries Served PAN India 25,200 MTPA* Facts EBITDA ₹ 24 Cr Globally Logistic Support Recycling PAT ₹ 18 Cr Capacity Proven Recycling Sole BSE-listed Zero Technologies Company in this Debt From US, Europe & segment. Company Japan. Eco Recycling Li
Slide 5: Company Overview
Company Overview
Slide 6: Ecoreco's Evolution
Ecoreco’s Evolution 2019 2005 2010 Launched Mobile Cable recycling, App and Web Portal Ecoreco came CRT processing, – Book My Junk into existence 2008 2015 Fridge BCCL (Times of Degasification, Ecoreco Take Back 2017 India Group), Precious Metal Point started. WEEEPRO the invested in Eco Recovery, 2
Slide 7: Geographical Presence: Extensive Reach For Seamless Global Operations
Geographical Presence: Extensive Reach For Seamless Global Operations Albania Djibouti Lesotho Sao Tome Principe Algeria Ecuador Liberia Saudi Arabia American Samoa Egypt Libya Senegal Angola Equitorial Guinea Lithuania Serbia Argentina Eritrea Madagascar Seychelles Armenia Ethiopia Malawi Sierra Le
Slide 8: Pathways of Achievement: Certifications and Associations
Pathways of Achievement: Certifications and Associations u u u u 7
Slide 9: Recognized For Excellence: Rewards & Recognition
Recognized For Excellence: Rewards & Recognition o The First Company to have been approved by the CPCB & MPCB Industry Pioneers in: o Front runners in introducing Recycling on Wheels Facility in India o Front runners in introducing Data Destruction on Wheels Facility in India o Leading industry by w
Slide 10: Recognition from Prime Minister of India
Recognition from Prime Minister of India Ecoreco’s Efforts of 18 years, gets admiration from PM Shri Narendraji Modi PM Shri Narendra Modiji’s Mann Ki Baat 1st Edition of 2023 on 29th January 2023 Click Here To Watch The Video Click Here To Watch The Video 9
Slide 11: Strategic Financial Support from TDB-DBS
Strategic Financial Support from TDB-DBS TDB-DST approves ₹ 6.00 Crores to Eco Recycling Limited's 'Recycling on Wheels-Smart ER,’ o This initiative will aim to provide a transformative solution to the growing challenge A breakthrough Initiative for of electronic waste in India. Sustainable & Transf
Slide 12: Strategic Partnership with the C-MET to Revolutionize Li-ion Battery Recycling
Strategic Partnership with the C-MET to Revolutionize Li-ion Battery Recycling o Ecoreco, has partnered with C-MET under MeitY to introduce cutting-edge technology for efficient Li-ion Battery element recovery. o Ecoreco can now recover valuable elements such as cobalt, nickel, and manganese, moving
Slide 13: Ecoreco's Sustainability Drive
Ecoreco's Sustainability Drive Eco Recycling's 'Recycling on Wheels Smart-ER’ Initiative Ecoreco launched "Recycling on Wheels Smart-ER," inaugurated by Union Minister Dr. Jitendra Singh on 3rd October 2023. The project formalizes the e-waste sector, prioritizing Training, Transport, and Technology
Slide 14: Eco Recycling Joins TERRA: Advancing Sustainable E-Waste Management
Eco Recycling Joins TERRA: Advancing Sustainable E-Waste Management Ecoreco joins TERRA, one of the largest networks of e-Stewards and R2 Certified E-scrap and IT Asset Disposition (ITAD) providers globally. • This partnership highlights Ecoreco's commitment to environmentally responsible recycling
Slide 15: Ecoreco's Sustainability Milestone: Setting Records on Global Recycling Day
Ecoreco's Sustainability Milestone: Setting Records on Global Recycling Day Record-breaking E-waste Collection Engaged with Collection of Deployment of 5 approximately 1,000 10,914 kgs of E-waste specialized teams industrial units, directly from with vehicles shops, restaurants, generators etc. 14
Slide 16: Management Overview
Management Overview
Slide 17: Board Of Directors: Guiding Vision & Strategic Oversight
Board Of Directors: Guiding Vision & Strategic Oversight Aruna Soni B.K. Soni Shashank Soni Director Chairman & M.D. Director Her perpetual guidance Responsible for the Responsible for pan-India helps team perform better strategic growth initiatives marketing & sales strategy Giriraj Bhattar Srikris
Slide 18: Business Overview
Business Overview
Slide 19: Diverse Business Portfolio
Diverse Business Portfolio Data Destruction Reverse Logistics Recycling On Wheels IT Asset Disposition E-waste Recycling Lamp Recycling CSR Enabling EPR Partnering Book My Junk Eco-Bin for Smart Mobile App Collection 18
Slide 20: E-waste/WEEE Recycling 5 Steps Process
E-waste/WEEE Recycling o Ecoreco’s e-waste recycling facility is a comprehensive solution for managing electronic waste. o The state-of-the-art recycling line combines automation and manual processing to sort, dismantle, shred, segregate and recovery from e-waste. o Ecoreco indigenously developed te
Slide 21: State-of-the-Art Recycling Facility Mumbai Facility
State-of-the-Art Recycling Facility Mumbai Facility Present Facility: 25,000 sq. ft. Proposed Facility 40,000 sq. ft. Total Present Capacity: 25,200 MTPA Unit 1 : 7,200 MTPA Unit 2: 18,000 MTPA Introduced E-waste Recycling in The company deployed technologies imported from the US, Europe, India in 2
Slide 22: Reverse Logistics
Reverse Logistics Nation Wide Collection Partnership with TPL o Ecoreco endeavours envisage to reach every Pin Code and Door to Door Collection through its Reverse Logistics Network for collection of e-waste for environment friendly disposal and for meeting EPR Obligations. o Company’s robust logist
Slide 23: Data Destruction
Data Destruction Ecoreco offers data destruction services by providing world-class options for data deletion, degaussing, and destruction in alignment with clients' data security policies. Delete Company has pioneered India's first mobile shredding facility, enabling complete onsite (client premise)
Slide 24: Information Technology Asset Disposition (ITAD)
Information Technology Asset Disposition (ITAD) o Ecoreco specializes in salvaging and upcycling of discarded electronic equipment and components, prolonging their life. o The IT assets encompass a wide range, including computers, laptops, RAM, hard disks and LCDs. o The company promotes refurbishme
Slide 25: Lamp Recycling (Onsite & Offsite)
Lamp Recycling (Onsite & Offsite ) o Ecoreco started this service in 2009, offering both on-site and off-site recycling of lamps to industries and organizations committed to environmental preservation. o The service encompasses all types of lightings devices. o Company ensures a comprehensive approa
Slide 26: EPR - Keeping Environment Protection Responsibility In Sight
EPR - Keeping Environment Protection Responsibility In Sight Ecoreco is India's first fully Ecoreco helps the Producers of Company’s pan-India service Ecoreco enables producers EPR certificates can be compliant e-waste Electrical & Electronic reduces manufacturers' in- to focus on their core traded
Slide 27: Ecoreco's Last Mile Initiative: Book My Junk Mobile App
Ecoreco’s Last Mile Initiative: Book My Junk Mobile App o User Registers on App (Android & iOS) or Web Page o Selects e-waste items from the list and ask for pick up o Book My Junk team collects e-waste from the doorstep CREATES o E-waste is sent to Ecoreco for recycling AWARENESS o Certificate of A
Slide 28: Eco-Bin: An Action Cum Awareness Drive & A Unique CSR Initiative
Eco-Bin: An Action Cum Awareness Drive & A Unique CSR Initiative For the convenience of the public in general Eco-Bin (E-waste Collection Bin) have been installed at prominent locations Eco-Bins is an innovative for EPR & CSR activity 27
Slide 29: Industry Overview
Industry Overview
Slide 30: Global E-Waste Crisis
Global E-Waste Crisis The global e-waste crisis deepens as generation reaches unprecedented levels, with inadequate recycling infrastructure and informal disposal posing significant environmental risks. o In 2022, global e-waste generation reached a staggering 62 million metric tons, nearly doubling
Slide 31: Global E-waste Industry
Global E-waste Industry Trends and Growth of E-waste o According to Data Bridge Market Research, e-waste market is expected to reach USD 167.22 Billion by 2030, which is USD 63.79 billion in 2022, at a CAGR of 12.80% during the forecast period. o Electronics are comprised of many complex materials l
Slide 32: E-Waste Industry In India
E-Waste Industry In India o According to a Central Pollution Control Board (CPCB) report for FY 2019-2020, India generated 1.01 million tons of e-waste for 21 types of electrical and electronic equipment (EEE). o Globally India ranks third in the e-waste generation, following China and the United St
Slide 33: Precious Metal Recovery Potential In E-waste
Precious Metal Recovery Potential In E-waste Monetary Value in the Recovered Metals Besides curbing informal e-waste practices and preventing 2% 1% the introduction of harmful substances into the 4% In E-waste, there are environment, embracing 17 precious metals systematic recycling methods that can
Slide 34: Financial Overview
Financial Overview
Slide 35: Quarterly Performance Highlights YoY
Quarterly Performance Highlights YoY Total Income EBITDA & EBITDA Margin PAT & PAT Margin 8.20 13.90 10.24 6.12 10.08 7.24 60.71% 58.99% 71.83% 73.67% Q2 FY24 Q2 FY25 Q2 FY24 Q2 FY25 Q2 FY24 Q2 FY25 Total Income EBITDA EBITDA Margin PAT PAT Margin All Figures In ₹ Cr 34
Slide 36: Q2 FY25 Consolidated Result Highlights
Q2 FY25 Consolidated Result Highlights In ₹ Cr Particulars Q2 FY25 Q2 FY24 YoY Net Sales 12.87 7.10 Other Income 1.03 2.98 Total Income 13.90 10.08 37.90% Raw Material costs 1.52 1.54 Employee Cost 0.89 0.67 Other Expenses 1.25 0.63 Total Expenditure 3.66 2.84 28.87% EBIDTA 10.24 7.24 41.44% Interes
Slide 37: Half Yearly Performance Highlights YoY
Half Yearly Performance Highlights YoY Total Income EBITDA & EBITDA Margin PAT & PAT Margin 27.35 16.35 20.48 18.01 10.83 13.04 60.13% 59.78% 72.40% 74.88% Q2 FY24 Q2 FY25 H1 FY24 H1 FY25 H1 FY24 H1 FY25 Total Income EBITDA EBITDA Margin PAT PAT Margin All Figures In ₹ Cr 36
Slide 38: H1 FY25 Consolidated Result Highlights
H1 FY25 Consolidated Result Highlights In ₹ Cr Particulars H1 FY25 H1 FY24 YoY Net Sales 24.28 12.49 Other Income 3.07 5.52 Total Income 27.35 18.01 51.86% Raw Material costs 2.35 2.77 Employee Cost 1.84 1.33 Other Expenses 2.68 0.87 Total Expenditure 6.87 4.97 38.23% EBIDTA 20.48 13.04 57.06% Inter
Slide 39: Key Financials
Key Financials Total Income EBITDA & EBITDA Margin PAT & PAT Margin 18.22 23.70 35.27 12.69 27.16 14.70 21.52 6.19 7.69 24.20% 51.66% 54.12% 67.20% 28.76% 35.73% FY22 FY23 FY24 FY22 FY23 FY24 FY22 FY23 FY24 Total Income EBITDA EBITDA Margin PAT PAT Margin All Figures In ₹ Cr and Margin In % 38
Slide 40: Consolidated Profit & Loss Statement
Consolidated Profit & Loss Statement In ₹ Cr Particulars FY22 FY23 FY24 Net Sales 15.29 17.73 28.01 Other Income 11.87 3.79 7.26 Total Income 27.16 21.52 35.27 Raw Material costs 5.87 5.97 5.77 Employee Cost 2.80 2.91 3.25 Other Expenses 3.79 4.95 2.55 Total Expenditure 12.46 13.83 11.57 EBIDTA 14.7
Slide 41: Consolidated Balance Sheet
Consolidated Balance Sheet In ₹ Cr Equities & Liabilities FY22 FY23 FY24 Assets FY22 FY23 FY24 Equity 19.30 19.30 19.29 Non Current Assets Reserves 30.30 26.53 46.53 Fixed assets 20.45 33.74 39.36 Net Worth 49.60 45.83 67.51 Non Current Investments 10.92 9.62 6.16 Non Controlling Interest 0.00 1.29
Slide 42: Key Ratios
Key Ratios ROE In % ROCE In % 25.58 26.99 31.28 13.51 23.38 14.14 FY22 FY23 FY24 FY22 FY23 FY24 Debt to Equity In Times Interest Coverage In Times 0.23 45.00 32.71 14.23 0.03 0.02 FY22 FY23 FY24 FY22 FY23 FY24 41
Slide 43: Stock Data
Stock Data Stock Information (ECORECO) Share Holding Pattern As on 12-11-2024 As on 30-09-2024 BSE Code 530643 ISIN INE316A01038 26.65% Share Price ₹ 942.95 Promoters Market Capitalization ₹ Cr 1,819.59 No. of Share Outstanding 1,92,96,750 Public Face Value ₹ 10.00 73.35% 52 Week High ₹ 1,215.10 52
Slide 44: E-Waste To Metals
E-Waste To Metals Unit No. 422, 4th Floor, The Summit Business Bay, Opp. Cine Max Theater, Landmark: WEH Metro Station, Andheri - Kurla Road, Andheri (East), Mumbai - 400093 Email: info@ecoreco.com Tel : +91 77380 77086 ecoreco.com Website: ecoreco.com 713-B, Lodha Supremus II, Wagle Estate, Thane W