Urban Enviro Waste Management
- Market cap
- ₹ 124 Cr.
- P/E
- 12.8x
- P/B
- 2.37x
- 52-week range
- 88.3 – 156.51
- ROE
- 38%
- ROCE
- 29%
- Dividend yield
- 0%
- Debt / equity
- 1.18
- Sector
- Other Utilities
- Industry
- Waste Management
- Listed on
- NSE SME
About
Urban Enviro Waste Management Limited is an India-based waste management company. The Company provides waste management solutions and municipal solid waste (MSW) management services comprising waste collection, transportation, segregation and processing and disposal of waste generated by households, businesses, and institutions. The Company's profile includes primary and secondary collection of waste, lifting prior to transportation of the waste and finally disposal or treatment and recycling of collected waste, to undertake research and development activities. Its projects cover Maharashtra, Gujarat, Rajasthan, Madhya Pradesh, Chhattisgarh, Jammu and Kashmir. The Company primarily operates in one segment which comprises of waste management including Municipal Solid Waste, Industrial, slaughterhouse waste and agricultural waste. It caters to Indian Local Bodies along with providing its services to residential areas, research institutes, power stations, government and others.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Waste Management: 16 companies →Urban Enviro Waste Management against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)12.8 against a typical 21.4: cheaper than most peers (1st = cheapest).5th of 16
- Sales growth+69.6% against a typical +45.5% from a year earlier.6th of 15
- Profit growth+100% against a typical +38.5% from a year earlier.4th of 15
- Share price, 3 months+2.5% against a typical −11.2%.6th of 15
- Size₹ 123.9 Cr. market value against a typical ₹ 349.5 Cr. (1st = largest).12th of 15
Latest announcements
Exchange filings and their impact on the company.
- 28 Oct 2026UpdatesHigh impactPositive1:1 rights at Rs 80 to raise Rs 69.3 cr for working capital and debt cut doubles equity and dilutes EPS despite growth funding.
Urban Enviro filed its Letter of Offer for a 1:1 rights issue of 86.6 lakh shares at Rs 80 per share aggregating Rs 69.28 crore, with record date October 28, 2026 and closing November 18, 2026. Of the net proceeds, about Rs 37.7 crore will fund long-term working capital, Rs 21 crore will convert promoter unsecured loans into equity with no cash inflow, and Rs 10.28 crore is for general corporate purposes. The issue will roughly double equity and sharply strengthen net worth while diluting EPS, supporting execution of its Rs 281 crore order book and reducing debt.
- Urban Enviro in 49:51 JV to bid for Jalandhar dump remediation; no order won yet.
Urban Enviro's board on 27 Oct 2026 approved a 49:51 Association of Persons / JV with Madhav Enterprise to jointly bid for and, if awarded, execute remediation of legacy waste at the Waryana dump for Municipal Corporation Jalandhar. No tender value or order was disclosed and no revenue is confirmed until the bid is won. The board also raised CFO pay to Rs 78,500 per month from Oct 2026 and deferred H1 FY27 results for further review.
- Small Borsad municipality order adds low-single-digit upside to next-12-month revenue.
Urban Enviro Waste Management has been awarded a work order by Borsad Nagarpalika in Gujarat in the normal course of business. The filing does not disclose the order value, tenure or scope, with Annexure A details not provided. Assuming a typical small-town legacy-waste job of around Rs 8 crore executed over the next 12 months, it implies low-single-digit upside to revenue and profit.
- 1-for-1 rights at Rs 80 to raise Rs 69.3 cr more than doubles net worth but halves EPS.
Urban Enviro Waste Management's board on Oct 22, 2026 approved a 1-for-1 rights issue of up to 86.6 lakh shares at Rs 80 per share to raise up to Rs 69.28 crore. The company has received in-principle approval from NSE for listing the new shares. The issue more than doubles the share count at a ~44% discount to the Rs 144.10 market price, sharply boosting net worth and funding capacity while diluting EPS.
- NSE cleared the rights issue to proceed, with size, price and timetable still to be announced.
Urban Enviro Waste Management received in-principle approval from NSE on 14 October 2026 for a rights issue of fully paid-up equity shares. The company did not disclose the issue size, price, ratio, record date or use of proceeds. The approval moves the planned rights issue one step forward, and completion would add equity, likely dilute EPS and could ease debt and working-capital pressure.
Fund raises
QIPs, preferential issues, warrants and rights issues, one row per filing, newest first. Open a row for details. All fund raise updates
| Stage | Details | |||||
|---|---|---|---|---|---|---|
| 28 Oct 2026 | Rights issue | Board approved | ₹ 69.28 Cr. | ₹ 80 | +37.5% | |
| 22 Oct 2026 | Rights issue | Board approved | ₹ 69.28 Cr. | ₹ 80 | +37.5% | |
| 14 Oct 2026 | Rights issue | Exchange approval | — | — | — |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 30 Oct 2026Upcoming | Financial Results/Other business matters | To consider and approve the financial results for the period ended September 30, 2026 and other business matters |
| 27 Oct 2026 | Financial Results/Other business matters | To consider and approve the financial results for the period ended September 30, 2026 and other business matters |
| 22 Oct 2026 | Other business matters | To consider other business matters |
| 30 Sep 2026 | Fund Raising/Other business matters | To consider Fund Raising and other business matters |
| 29 Aug 2026 | Fund Raising/Other business matters | To consider Fund Raising and other business matters |
| 7 May 2026 | Financial Results/Other business matters | To consider and approve the financial results for the Half Year and Year ended March 31, 2026 and other business matters |
| 11 Mar 2026 | Fund Raising/Other business matters | To consider Fund Raising and other business matters |
Financials
Standalone figures in ₹ crore.
| ₹ Cr. | Sep 2022 | Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 15 | 24 | 46 | 56 | 72 | 69 | 87 | 95 |
| Expenses | 12 | 19 | 37 | 47 | 57 | 59 | 71 | 80 |
| Operating Profit | 3 | 5 | 9 | 9 | 15 | 10 | 16 | 16 |
| OPM % | 18% | 21% | 20% | 16% | 21% | 14% | 18% | 17% |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 |
| Interest | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 3 |
| Depreciation | 2 | 2 | 3 | 3 | 3 | 5 | 3 | 5 |
| Profit before tax | 1 | 2 | 5 | 5 | 11 | 3 | 12 | 9 |
| Tax % | 51% | 22% | 25% | 36% | 29% | 23% | 21% | 38% |
| Net Profit | 0 | 2 | 4 | 3 | 8 | 3 | 9 | 6 |
| EPS in Rs | — | 2.72 | 4.6 | 3.51 | 8.77 | 3.04 | 10.5 | 6.69 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- —
- 5 Years
- 63%
- 3 Years
- 67%
- TTM
- 29%
- 10 Years
- —
- 5 Years
- 79%
- 3 Years
- 92%
- TTM
- 45%
- 10 Years
- —
- 5 Years
- —
- 3 Years
- 23%
- TTM
- —
- 10 Years
- —
- 5 Years
- 41%
- 3 Years
- 40%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Urban Enviro Waste Management | ₹ 110.00 | ₹ 124 Cr. | 12.8x | 2.4x | 38% | — |
| Transport Corporation of India | ₹ 859.45 | ₹ 6,603 Cr. | 15.7x | 2.8x | 19.3% | 9.4% |
| VRL Logistics | ₹ 260.20 | ₹ 4,563 Cr. | 17.2x | 3.6x | 21.3% | 7.4% |
| Mahindra Logistics | ₹ 371.40 | ₹ 3,698 Cr. | 444.4x | 3.3x | 0.3% | 0.2% |
| Antony Waste Handling Cell | ₹ 282.90 | ₹ 798 Cr. | 15.6x | 1.7x | 10.8% | 8.7% |
| North Eastern Carrying Corporation | ₹ 17.39 | ₹ 183 Cr. | 20x | 0.7x | 3.5% | 2.5% |
Management
- Kamlesh Kanhaiyalal Sharma
- Chairman of the Board, Managing Director
- Amol Tirale
- Chief Financial Officer
- Shraddha Kiran Kulkarni
- Compliance Officer, Company Secretary
- Suresh Sharma
- Whole Time Director
- Vikas Sharma
- Executive Director
Prices are delayed and for information only. Nothing on this page is investment advice.