India produces waste from homes, factories and electronic products. Recycling companies process this waste to recover materials such as metals and plastic for reuse. The country’s waste management market was valued at ₹468.7 billion in 2023 and is expected to reach ₹620.3 billion by 2030, growing at a CAGR of 5%. Companies in this sector work in areas such as metal recycling, electronic waste and municipal waste management. The best recycling stocks in India differ in their business activities and financial performance.
Top Recycling Stocks in India to Watch
The table lists eight companies associated with recycling and waste management stocks India. Market figures are indicative and come from available market data; prices and ratios change over time.
| Company Name | LTP (₹) | Market Cap (₹ crore) | P/E Ratio | P/B Ratio | 52 Week High (₹) | 52 Week Low (₹) |
|---|---|---|---|---|---|---|
| Antony Waste Handling Cell Ltd. | 338.55 | 953.35 | 16.28 | 1.04 | 605.00 | 327.05 |
| EMS Ltd. | 325.70 | 1,800.31 | 26.32 | 1.70 | 551.95 | 256.05 |
| Eco Recycling Ltd. | 432.85 | 835.36 | 34.70 | 6.84 | 494.90 | 385.00 |
| Baheti Recycling Industries Ltd. | 734.90 | 756.88 | 0.00 | 8.12 | 881.00 | 478.00 |
| Namo eWaste Management Ltd. | 354.90 | 811.45 | 0.00 | 7.79 | 389.45 | 134.00 |
| Gravita India Ltd. | 1,493.60 | 11,032.15 | 28.14 | 4.51 | 1,913.60 | 1,266.90 |
| Urban Enviro Waste Management Ltd. | 120.60 | 106.78 | 0.00 | 2.20 | 193.20 | 109.00 |
| Jain Resource Recycling Ltd. | 288.45 | 9,967.80 | 27.71 | 6.39 | 593.95 | 271.00 |
Company Profiles
- Antony Waste Handling Cell Ltd.: Collects, transports and processes municipal waste under contracts with local authorities.
- EMS Ltd.: Builds water supply, wastewater treatment and waste management infrastructure.
- Eco Recycling Ltd.: Recycles electronic waste and recovers useful materials from discarded equipment.
- Baheti Recycling Industries Ltd.: Processes aluminium scrap into alloy ingots used by industrial customers.
- Namo eWaste Management Ltd.: Collects and processes electronic waste, including discarded equipment and components.
- Gravita India Ltd.: Recycles lead, aluminium, plastic and other materials for industrial use.
- Urban Enviro Waste Management Ltd.: Provides waste collection, transport and processing services.
- Jain Resource Recycling Ltd.: Processes non-ferrous metal scrap to recover materials such as copper and aluminium.
How to Invest in Recycling Stocks in India via InCred Money
Investors may invest in recycling stocks through InCred Money by following steps such as:
- Step 1: Open a Demat and trading account: Register on InCred Money and complete the required KYC process to activate your account.
- Step 2: Research stocks: Check each company’s business activities, financial results and debt.
- Step 3: Compare companies: Review share prices, market capitalisation and valuation ratios.
- Step 4: Place an order: Check the share price, quantity and applicable charges before submitting an order.
- Step 5: Track your investment: Monitor company results, financial performance and announcements.
- Step 6: Check the platform’s current services: Review account requirements before proceeding.
Conclusion
Recycling companies operate in various materials and services such as electronics waste, metal scraps and municipal waste. The performance of these firms is determined by the demand for their goods and services, cost of operation, contracts and prices of materials. Before investing, compare the performance of these companies, their debts and stock valuation. Growing demand for recycling does not guarantee that every stock will perform well. Check the latest figures and understand the company’s business before making a decision.
Frequently Asked Questions About Recycling Stocks in India
What are recycling stocks in India?
Recycling stocks are shares of companies that recycle waste or provide waste collection, treatment and processing services.
Is now a good time to invest in recycling stocks in India?
It depends on each company’s valuation, earnings, debt and business performance. Recycling demand alone is not enough to judge a stock.
What are e-waste recycling stocks in India?
E-waste recycling stocks are stocks of companies engaged in collection and processing of discarded electrical goods with the purpose of obtaining reusable materials.
Which is India’s largest recycling company?
India does not have an officially registered category of “the largest recycling company” as this sector comprises numerous businesses working in different sectors, namely metal recycling, processing of electronic waste, and municipal waste management.
Are e-waste recycling stocks a good long-term investment?
The investment in e-waste recycling stocks may be regarded as a good long-term investment due to the growing need for electronic devices and constant use of metals derived from them. However, it should be noted that the price of such stocks depends on the company’s productivity, expenses, market value of recyclable materials, and valuations.
How does the circular economy benefit recycling companies in India?
It encourages the recovery and reuse of waste materials. Recycling companies may earn revenue by selling these recovered materials to manufacturers.
Disclaimer
The above data is for informational and educational purposes only and should not be considered investment advice or a recommendation to buy or sell any securities. All figures and market data are as of 14 October 2026 and may change over time. Investors should conduct their own research and consult a qualified financial advisor before making investment decisions.
