NAMO eWaste Management Limited has posted impressive financial results for the first half of FY25, showcasing significant growth in revenue and profitability. The company, which specializes in sustainable e-waste management, recorded a remarkable 88.40% increase in total income, reaching INR 6,700.13 lakhs compared to INR 3,556.29 lakhs in the same period last year (H1 FY24). This growth reflects the increasing demand for electronic waste recycling services amid rising environmental awareness and stringent regulatory measures.

In parallel, Profit After Tax (PAT) surged by an impressive 95.77%, reaching INR 534.31 lakhs compared to INR 272.93 lakhs in H1 FY24. This growth underscores the company's enhanced operational efficiency and profitability, with the EBITDA also growing by 42.46% to reach INR 680.96 lakhs.

The company’s EBITDA margin for H1 FY25 stands at 10.16%, while the PAT margin is at 7.97%, indicating strong cost control and scalable operations. Earnings per share (EPS) for H1 FY25 are reported at ₹2.34.

Expansion Plans
A significant highlight of NAMO eWaste's performance was its strategic vision for expansion. The company is set to deploy funds raised through its IPO towards establishing a state-of-the-art lithium-ion battery recycling plant in Nashik. The plant is expected to have a recycling capacity of 11,050 MT and will begin operations in Q1 FY26. This expansion into the battery waste recycling market complements NAMO eWaste's existing e-waste operations and presents an exciting avenue for revenue growth and margin expansion.

According to Mr. Akshay Jain, Managing Director of NAMO eWaste, "We remain committed to sustainable e-waste management and are excited about our upcoming lithium-ion battery recycling initiative. This is an important step in strengthening our position as an industry leader and capturing the growing demand for battery recycling services."

About NAMO eWaste Management Limited
Founded in 2014, NAMO eWaste Management Limited is a pioneer in electronic waste management in India. The company operates a zero-waste discharge facility, specializing in the recovery of precious and industrial metals from e-waste through sustainable recycling processes. With a robust network of B2B partnerships and community initiatives, NAMO eWaste has established itself as a trusted partner for producers, manufacturers, and bulk consumers seeking responsible disposal solutions for electronic waste.

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