Namo eWaste Management Q4 FY26 Share Price & Earnings Call Analysis
- Market cap
- ₹777 Cr
- P/E
- 54.17
- ROE
- 14.94%
- Price to sales
- 3.99
- Debt to equity
- 0.03
- 52W high / low
- ₹383 / ₹134
- EBITDA margin
- 11.59%
- Net profit margin
- 7.37%
- Promoter holding
- 69.05%
- Sales (last year)
- ₹195 Cr
Founded in 2014, Namo eWaste Management offers services for collection, disposal, and recycling of e-waste.[1]
Guidance scorecard · Q4 FY26 call
What Namo eWaste Management Ltd's management guided
and where it ranks in Other Utilities
Other Utilities
RevenueQ4 FY26 call
40%+- The company targets a 2x revenue growth annually over the next two years, aiming to grow from approximately ₹200 crore to ₹400 crore, and then to ₹800-900 crore before moving to the main board.
- E-waste business is expected to grow at 40-50% CAGR, with capacity utilization stabilizing around 60-70%.
- Battery recycling capacity utilization is anticipated to ramp up from current low levels (~10%) to about 80% this fiscal year.
- New Hyderabad facility commissioning expected to improve sourcing and reduce logistics costs, supporting volume growth.
- Hydro-metallurgy plant expected to add to revenue growth beyond traditional e-waste and battery recycling.
2 more points from Namo eWaste Management Ltd's call on revenue
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MarginsQ4 FY26 call
FlatSee what Namo eWaste Management Ltd said on margins — free account, 30 seconds.
CapexQ4 FY26 call
Planned- Planning and setting up a hydro-metallurgy (hydromet) plant with a pilot facility starting Dec-Jan, scaling from 1 to 5 metric tons per day.
- The hydromet plant's investment is around ₹60 crore, with eligibility for national critical mineral mission subsidy (~18-20%) plus state subsidies (~30-50%), totaling 50-70% subsidy.
- Funding strategy for hydromet plant primarily via debt to preserve capital; company is currently debt-free and capable of servicing debt.
- Expanding capacity and footprint with new facilities like the Hyderabad plant to optimize sourcing and reduce logistics costs.
2 more points from Namo eWaste Management Ltd's call on capex
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FundraisingQ4 FY26 call
PlannedSee what Namo eWaste Management Ltd said on fundraising — free account, 30 seconds.
Order bookQ4 FY26 call
- Long-term contracts with brands for battery recycling started after December.
- Brand associations were limited to trials before December; post that, long-term contracts have been entered.
- Battery business ramping up, with capacity utilization expected to rise from current ~10% to 80-90% in the fiscal year.
- E-waste business targeting 60-70% capacity utilization with expected revenues of Rs. 200-250 crore for FY27.
2 more points from Namo eWaste Management Ltd's call on the order book
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Ranges are what management guided for revenue growth and margins on the latest earnings call. Not investment advice, and not a forecast of returns.
Potential multibaggers · Q2 FY27
Potential multibaggers in Other Utilities
on management's own guidance
- 2
- Strong growth1
- Strong growth3
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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
Peers
Other Utilities companies ranked on guidance
| # | Company | Revenue guided | Margin guided | Market cap | P/E |
|---|---|---|---|---|---|
| 1 | 40%+ | Flat | ₹1,488 Cr | 10.8 | |
| 2 | Namo eWaste Management LtdThis stock | 40%+ | Flat | ₹807 Cr | 56.3 |
| 3 | 40%+ | Flat | ₹690 Cr | 18.7 | |
| 4 | 40%+ | Flat | ₹334 Cr | 19.6 | |
| 5 | 40%+ | Flat | ₹94 Cr | 7.3 | |
| 6 | 20–40% | Flat | ₹3,521 Cr | 12.3 |
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Pro shows every company guiding 40%+ revenue growth →Full Other Utilities rankingFinancials of Namo eWaste Management Ltd
Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of Namo eWaste Management Ltd
Quarterly Results
Quarter-by-quarter operating performance
Financials of Namo eWaste Management Ltd
Profit & Loss
Annual income statement trend
| Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|
| Sales + | 101 | 150 | 195 |
| Expenses + | 89 | 136 | 172 |
| Operating Profit | 11 | 14 | 23 |
| OPM % | 11% | 9% | 12% |
| Other Income + | 0 | 1 | 1 |
| Interest | 1 | 2 | 1 |
| Depreciation | 1 | 1 | 2 |
| Profit before tax | 9 | 12 | 20 |
| Tax % | 25% | 28% | 28% |
| Net Profit + | 7 | 8 | 14 |
| EPS in Rs | 4.03 | 3.70 | 6.28 |
| Dividend Payout % | 0% | 0% | 0% |
Financials of Namo eWaste Management Ltd
Balance Sheet
Capital structure and asset base
| Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|
| Equity Capital | 17 | 23 | 23 |
| Reserves | 18 | 66 | 80 |
| Borrowings + | 15 | 3 | 3 |
| Other Liabilities + | 13 | 9 | 12 |
| Total Liabilities | 63 | 101 | 119 |
| Fixed Assets + | 22 | 25 | 38 |
| CWIP | 0 | 9 | 6 |
| Investments | 0 | 0 | 0 |
| Other Assets + | 41 | 67 | 75 |
| Total Assets | 63 | 101 | 119 |
Financials of Namo eWaste Management Ltd
Cash Flows
Operating, investing and financing cash movement
| Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|
| Cash from Operating Activity + | 3 | -20 | 5 |
| Cash from Investing Activity + | -3 | -14 | -12 |
| Cash from Financing Activity + | 1 | 43 | -3 |
| Net Cash Flow | 2 | 10 | -10 |
| Free Cash Flow | 2 | -33 | -7 |
| CFO/OP | 37% | -133% | 44% |
Financials of Namo eWaste Management Ltd
Ratios
Working capital efficiency and return ratios
| Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|
| Debtor Days | 53 | 31 | 36 |
| Inventory Days | 88 | 104 | 97 |
| Days Payable | 39 | 11 | 6 |
| Cash Conversion Cycle | 102 | 123 | 126 |
| Working Capital Days | 51 | 108 | 111 |
| ROCE % | 19% | 21% |
Guidance history
How Namo eWaste Management Ltd's guidance has moved, call by call
| Call | Revenue | Margins | Capex | Fundraising | Order book |
|---|---|---|---|---|---|
| Q4 FY26 call → | 40%+ | Flat | Planned | Planned | — |
| Q2 FY26 call → | 40%+ | Up 2%+ | Planned | — | — |
| Q2 FY25 call → | 40%+ | Flat | Planned | Planned | — |
What management guided on each call, newest first. Not investment advice, and not a forecast of returns.
Momentum score · price trend
92 out of 100 — Strengthening
Over the past year its share price has done better than most of the stocks we track.
| Period | Share price change | Better than … of 1,910 stocks |
|---|---|---|
| Last 12 months | +87.9% | 93% |
| Last 6 months | +64.8% | 93% |
| Last 3 months | +24.1% | 91% |
How we calculate it
“Better than 30%” means that over that period the share price did better than 30 out of every 100 stocks we track (1,910 Indian companies worth ₹500 Cr or more, with at least a year of prices).
The score weighs the longer periods more: 40% × 12-month + 40% × 6-month + 20% × 3-month. For Namo eWaste Management Ltd: 0.4 × 93 + 0.4 × 93 + 0.2 × 91 = 92.
Strengthening is 70 and above, Steady 40 to 70, Cooling below 40. Scores are recalculated every night after the market closes.
Full methodology →This describes only how the share price has moved up to 30 Oct 2026, compared with other stocks. It says nothing about the business, and it is not a prediction, a price target or a recommendation to buy or sell.
Continue your research
What Namo eWaste Management Ltd's management said in earlier quarters
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