Submission under Regulation 34(1) of SEBI (LODR) Regulations, 2015 - 31st Annual Report of the Company for the financial year 2024-25
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Eco Recycling Limited has submitted its 31st Integrated Annual Report and the Notice of the 31st Annual General Meeting (AGM) for FY 2024-25 under SEBI LODR Regulation 34(1). The AGM will be held on Tuesday, September 30, 2025 at 1:00 p.m. IST via video conferencing, with the e-voting cut-off date set as September 23, 2025 and e-voting window from September 25 to September 29, 2025. Key business resolutions include adoption of financial statements, re-appointment of Mr. B K Soni as Managing Director (5-year term), appointment of Dr. Sandip Chatterjee and Dr. Yeshwant Sontakke as Independent Directors, and appointment of CS Neha Poddar as Secretarial Auditor. The Annual Report highlights strong FY25 performance with consolidated revenue of ₹43.96 crore (up 56.94% YoY), standalone EBITDA of ₹33.56 crore (up 59.05%), and standalone PAT of ₹23.33 crore (up 44.01%). The company expanded its processing capacity to 31,200 MTPA including lithium-ion battery handling, through a ₹50 crore internal accruals-funded expansion at its Vasai facility, while remaining debt-free with a market cap of ₹1,295.48 crore as on March 31, 2025.
Strong revenue and profit growth of around 45-60% signals a robust expansion phase for shareholders. Debt-free status, capacity scaling, and growing EPR-driven demand position the company well for multi-year growth, while continuity in leadership with the founder re-appointed as MD provides stability.