Archive · 20 Jul 2026
3 High-Growth Recycling Stocks in India
India's recycling industry is growing fast because of new rules and more people using recycled materials.
Three companies, Jain Resource Recycling, Eco Recycling, and Gravita India, are doing really well.
Jain Resource recycles metals like copper and lead.
Eco Recycling handles old electronics.
Gravita India turns different kinds of waste into useful products.
All three companies are making more money each year.
But investing in them can be risky because prices for materials can change a lot.
It's important to do your own research before investing.
India's recycling industry is expected to grow due to environmental regulations and government initiatives.
Jain Resource Recycling focuses on non-ferrous metal recycling and has reported a 3-year sales CAGR of 35.7% and net profit CAGR of 37%.
Eco Recycling specializes in e-waste management and has reported a 3-year sales CAGR of 42.2% and net profit CAGR of 22.6%.
Gravita India converts industrial and consumer waste into value-added products and has reported a 3-year sales CAGR of 20.4% and net profit CAGR of 28.2%.
Investors should carefully assess the company’s profitability, execution capabilities, technology, cash flows, valuation, and scalability before investing in recycling stocks.
- Who
- Jain Resource Recycling, Eco Recycling, and Gravita India are the key players in India's recycling industry.
- What
- These companies are experiencing significant growth in the recycling sector, driven by environmental regulations and government initiatives.
- When
- The growth is expected to continue over the next decade.
- Where
- The operations are primarily based in India.
- Why
- The growth is driven by tighter environmental regulations, rising commodity prices, increasing urbanisation, and government initiatives promoting a circular economy.
Investment Opportunities
Investment Risks
Growth Potential
Investment Opportunities
The recycling industry in India is expected to witness strong long-term growth due to tighter environmental regulations, rising commodity prices, and government initiatives promoting a circular economy.
Investment Risks
Rapid growth alone does not guarantee strong investment returns. Investors should carefully assess the company’s profitability, execution capabilities, technology, cash flows, valuation, and scalability before investing.
Market Demand
Investment Opportunities
Companies like Jain Resource Recycling, Eco Recycling, and Gravita India are well-positioned to benefit from the increasing demand for resource recovery and circular economy solutions.
Investment Risks
Many recycling businesses remain exposed to commodity price swings, regulatory changes, and project execution risks.
- Jain Resource Recycling
- One of India’s top organized non-ferrous metal recycling companies, focusing on lead, copper, aluminium, tin, and certain plastic by-products.
- Eco Recycling
- India’s pioneering listed e-waste management and recycling company, covering the entire e-waste value chain.
- Gravita India
- A leading recycling company specializing in converting industrial and consumer waste into value-added products.
- Jain Resource Recycling Financials (FY25)
- Total Revenues: Rs 71,258 m, Operating Profit: Rs 4,114 m, Net Margin: 3.1%, Profit After Tax: Rs 2,233 m
- Eco Recycling Financials (FY25)
- Total Revenues: Rs 440 m, Operating Profit: Rs 334 m, Net Margin: 53.2%, Profit After Tax: Rs 234 m
- Gravita India Financials (FY25)
- Total Revenues: Rs 38,688 m, Operating Profit: Rs 4,390 m, Net Margin: 8.1%, Profit After Tax: Rs 3,129 m