Waste Management and Recycling • E-waste and lithium battery recycling

Evergreen Recyclekaro (India) Limited recycles electronic waste, lithium-ion batteries and catalytic converters, and recovers metals from them. It works under the Recyclekaro brand. The company was incorporated on December 20, 2010 as a private company and became a public limited company from April 1, 2025. Its registered office is in Navi Mumbai. In FY25 the company opened "Vaahan", a catalytic converter recycling facility in Noida, and launched "Reloop", a mobile app for households to hand over recyclable waste. Its e-waste processing capacity rose from 7,200 MT to 24,500 MT during the year, and lithium recycling capacity rose from 4,200 MT to 10,000 MT. It also works with IIT Kanpur on recovering graphite from black mass. The numbers below are standalone, as printed in the FY25 annual report. Revenue from operations was ₹18,369.66 lakh, against ₹9,780.95 lakh a year earlier, so it nearly doubled. Profit after tax was ₹1,892.27 lakh, against ₹800.72 lakh. Net worth stood at ₹11,216.01 lakh and total assets at ₹21,651.01 lakh on March 31, 2025. The company also has subsidiaries, including Evergreen Lithium Recycling Private Limited and Evergreen Vaahan Recycling Private Limited, and files consolidated accounts too. Rajesh Gupta is the Chairman and Managing Director and has been on the board since incorporation. Rupesh Chitte and Rajiv Sanghvi are proposed as Whole-Time Directors, and three independent directors joined the board after the year ended. The company has not filed a DRHP and IPO Guru has no IPO journey on record for it. Unlisted shares of a company like this change hands off the exchange, between private buyers and sellers, so the price on this page is indicative only. The latest indicative price here is ₹10,35,000 per share for a lot of 1 share.
Unlisted companies closest in market cap.
Largest unlisted companies by implied market cap.
Data refreshed 08 Nov 2026, 06:30 pm IST.