Eco Recycling Ltd Q2 FY25 Share Price & Earnings Call Analysis

Financials of Eco Recycling Ltd

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Financials of Eco Recycling Ltd

Quarterly Results

Quarter-by-quarter operating performance

Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Sales +4.955.397.107.478.0511.4012.879.929.779.2414.425.9118.61
Expenses +7.942.132.832.234.373.213.663.302.814.187.232.395.68
Operating Profit-2.993.264.275.243.688.199.216.626.965.067.193.5212.93
OPM %-60.40%60.48%60.14%70.15%45.71%71.84%71.56%66.73%71.24%54.76%49.86%59.56%69.48%
Other Income +-0.182.542.982.13-0.392.041.03-0.46-0.274.380.061.14-0.95
Interest0.030.120.120.110.350.170.170.160.150.150.150.140.25
Depreciation0.200.460.260.35-0.260.240.250.250.270.300.300.290.69
Profit before tax-3.405.226.876.913.209.829.825.756.278.996.804.2311.04
Tax %12.35%9.77%10.92%17.08%48.44%17.01%16.70%17.57%64.91%10.01%17.65%51.54%35.33%
Net Profit +-3.824.716.125.731.658.158.184.742.208.095.602.057.14
EPS in Rs-1.982.333.032.900.984.144.162.531.084.042.971.023.96

Financials of Eco Recycling Ltd

Profit & Loss

Annual income statement trend

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Sales +313719121212131518284448
Expenses +293618121110121214121319
Operating Profit211-123144163129
OPM %7%2%5%-8%15%21%8%24%22%59%71%60%
Other Income +00-1-60-05114725
Interest111111000111
Depreciation000000001112
Profit before tax1-0-2-9116147223231
Tax %25%75%-3%0%-39%9%20%11%6%18%26%26%
Net Profit +1-0-2-9114136182323
EPS in Rs0.48-0.11-0.85-4.580.570.582.326.583.219.2434.1511.98
Dividend Payout %0%0%0%0%0%0%0%15%0%0%0%0%

Financials of Eco Recycling Ltd

Balance Sheet

Capital structure and asset base

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital181818181819191919191919
Reserves131310664123027476991
Borrowings +17192023201711111546
Other Liabilities +152463232616101818
Total Liabilities63735449464446676381111135
Fixed Assets +81414222222222034395957
CWIP1389000000000
Investments77233372015181212
Other Assets +364428242219162615244066
Total Assets63735449464446676381111135

Financials of Eco Recycling Ltd

Cash Flows

Operating, investing and financing cash movement

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity +12-11859016-31713
Cash from Investing Activity +-1-21-0-3-4-08-243-14-1
Cash from Financing Activity +00-0-1-4-4-7-0-1-0-1-1
Net Cash Flow00-002-228-90111
Free Cash Flow11-216580-5-5-412
CFO/OP46%324%-66%-91%468%221%905%56%447%8%81%71%

Financials of Eco Recycling Ltd

Ratios

Working capital efficiency and return ratios

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days194236194141125723224505863119
Inventory Days124104275317170234178272251397652443
Days Payable992631221122061196591767167
Cash Conversion Cycle21977347456282286204178-357438648395
Working Capital Days1211042474021001517750-99149150321
ROCE %2%2%1%4%6%3%10%8%33%37%30%