Industry analysis
Waste Management
Read from what its listed companies are showing. Valuations are compared within this industry.
Mixed
16 listed companies · ₹ 8,779 Cr. total market value- ▲73% of companies grew sales by more than 8% from a year earlier; the typical company's profit rose 39%. 13% made a loss.
- ●2 credit rating upgrades and no downgrades in the last 90 days.
- –14 good and 1 bad company announcements, including 9 big orders won (read since 6 Oct 2026; not counted until there is a month of them).
- ●The typical share is down 11% in 3 months; 46% of shares trade above their 200-day average (their usual level).
- –Typical P/E 21.4, 15% below these companies' usual level (cheaper than normal).
- –No shares issued in 90 days; 2 more fund raises on the way.
▲ / ▼ / ● are the signals the verdict counts: results, credit ratings, announcements and share prices. Lines marked – are shown but not counted.
In charts
Share prices over the last year
The typical Waste Management share against the typical share on the market, both starting at 100. Now 71 vs 83.
Is growth speeding up or slowing down?
The typical company's sales and profit growth against the same quarter a year earlier.
Price against growth
Each dot is a company: further left is cheaper (lower P/E), higher up grew profit faster. Red dots passed the cheaper-than-peers screen. Companies beyond the chart's edges sit on the edge.
Cheaper than peers
Not a buy list. These shares trade at a P/E at least 30% below their industry's typical level and below their own usual level, and they also pass basic checks: profitable, sales and profit growing, low debt, no red flags, market value of ₹250 Cr or more. Cheap shares are often cheap for a reason; this is where to start reading, not where to stop.
No company here passes every test right now.
Cheaper than peers across the whole market
Leaders and laggards
Good news
- Refex IndustriesStrong results
- EFFWA Infra & ResearchCredit rating raised
- Greenleaf EnvirotechBig order won
- EMS LtdBig order won
Warning signs
No red flags in 90 days.
Best shares, 3 months
- VVIP Infratech+39.5%
- Organic Recycling Systems+32.2%
- Namo eWaste Management+20.8%
- Hi-Green Carbon+5.9%
- GEM Enviro Management+2.7%
Worst shares, 3 months
- Antony Waste Handling Cell−34.1%
- Refex Industries−29.4%
- EMS Ltd−27%
- Z-Tech (India)−25.1%
- Concord Enviro Systems−20.3%
Companies
Click a column to sort.
| Signs (90 days) | |||||||
|---|---|---|---|---|---|---|---|
| Refex Industries REFEX | Waste Management | ₹ 3,156.73 Cr. | +160.2% | +225% | 10.9 | −29.4% | Strong results |
| Antony Waste Handling Cell AWHCL | Waste Management | ₹ 798.22 Cr. | +5.5% | −96.8% | 13.9 | −34.1% | |
| Namo eWaste Management NAMOEWASTE | Waste Management | ₹ 772.94 Cr. | +64.6% | +75% | 53.2 | +20.8% | |
| EFFWA Infra & Research EFFWA | Waste Management | ₹ 749.62 Cr. | +45.5% | +38.5% | 26.8 | −11.8% | Credit rating raised |
| Eco Recycling ECORECO | Waste Management | ₹ 739.83 Cr. | +75.2% | +13.3% | 32.3 | — | |
| Z-Tech (India) ZTECH | Waste Management | ₹ 644.88 Cr. | +42.3% | +33.2% | 29.8 | −25.1% | |
| Concord Enviro Systems CEWATER | Waste Management | ₹ 479.33 Cr. | −16.7% | Loss | 32.5 | −20.3% | |
| Hi-Green Carbon HIGREEN | Waste Management | ₹ 349.49 Cr. | +89.2% | Loss | 67.6 | +5.9% | |
| Organic Recycling Systems 543997 | Waste Management | ₹ 312.88 Cr. | +393.3% | +116.7% | 12.5 | +32.2% | |
| VVIP Infratech 544219 | Waste Management | ₹ 312.88 Cr. | −5.6% | +88.9% | 10.7 | +39.5% | |
| Race Eco Chain RACE | Waste Management | ₹ 182.06 Cr. | +21.9% | +145.2% | 24.2 | −3.7% | |
| Urban Enviro Waste Management URBAN | Waste Management | ₹ 123.92 Cr. | +69.6% | +100% | 8.3 | +2.5% | |
| GEM Enviro Management 544199 | Waste Management | ₹ 78.93 Cr. | +170.1% | −74.2% | 19.1 | +2.7% | |
| Greenleaf Envirotech GREENLEAF | Waste Management | ₹ 63.09 Cr. | — | — | 8.7 | −11.2% | Big order won |
| EP Biocomposites 543595 | Waste Management | ₹ 14.63 Cr. | +35.9% | +47.3% | 10.4 | −15.1% | |
| EMS Ltd EMSLIMITED | Waste Management | — | −34.3% | −60.5% | 23.7 | −27% | Big order won |
Figures are medians and shares of companies, so one giant company cannot outweigh the rest. Results compare each company's latest quarter with the same quarter a year earlier; ratings and announcements cover the last 90 days (announcements are read by AI and can be wrong). This page adds up published data; it is not a recommendation to buy or sell anything.