Namo eWaste Reports 50% Revenue Growth, Unveils Expansion Plans in Nashik and Hyderabad

Delhi, 29th May, 2025- One of India’s leading waste management companies, Namo eWaste Management Ltd, has posted a strong Revenue growth of 50% with EBITDA and PAT rising sharply by 29% and 25%  FY24 - 25. These growth figures were achieved after the company's IPO listing in September 2024. Since the IPO launch, its stock has consistently traded above the issue price of ₹85, averaging ₹187 per share. The 120%+ listing gains show strong investor confidence, with the growth figures outperforming industry standards. 

Led by experienced entrepreneur Mr. Akshay Jain, Namo eWaste has been an icon in India's electronic waste management industry for almost a decade. Namo eWaste is one of the few companies in India that hold and operate MEITY-approved technology for precious metal recovery. They are setting benchmarks for sustainable e-waste processing. 

The company provides a comprehensive range of services, including eWaste recycling, secure IT asset disposition, bare shell services, battery recycling, and certified data destruction. Namo eWaste works with Fortune 500 companies and state governments in India across eight states. 

What sets Namo eWaste apart is its intentionally designed, socially inclusive model. Over 60% of the company’s workforce comprises women from local communities. The workers are trained and supported through long-term employment and healthcare initiatives, which have a lasting impact on the ground among the communities they serve. 

This unique blend of innovative services and inclusive work culture has earned Namo eWaste national recognition from top industry bodies for its responsible growth strategies and sustainable practices. 

When asked about the future of waste management in India and the values of Namo eWaste Management Ltd, Mr Akshay Jain said, “Waste management is no longer just a necessity, it’s the foundation for a sustainable future. At Namo eWaste, we invite stakeholders to invest in the future of a cleaner and sustainable India.” 

Namo eWaste is expanding efficiently, thanks to its stellar track record showcasing rising revenues, profitability, and operational efficiency. With a new lithium-ion battery recycling facility in Nashik, set to launch in June 2025, and a new e-waste processing & PCB recycling plant in Hyderabad, set to launch in July 2025, the company is set to more than double by FY26. Namo eWaste’s expansion is driven by the growing demand for India’s recycling needs, and the company is inviting investors, partners, and policymakers to join its mission to transform India into a more sustainable and resource-efficient nation.

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