Sector analysis
Other Utilities
Read from what its listed companies are showing. Each industry inside it is judged on its own below.
Mixed
28 listed companies · ₹ 27,545 Cr. total market value- ▲73% of companies grew sales by more than 8% from a year earlier; the typical company's profit rose 33%. 11% made a loss.
- ●2 credit rating upgrades and no downgrades in the last 90 days.
- –17 good and 1 bad company announcements, including 11 big orders won (read since 6 Oct 2026; not counted until there is a month of them).
- ▼The typical share is down 12% in 3 months; 36% of shares trade above their 200-day average (their usual level).
- –Typical P/E 17.5, 13% 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 Other Utilities share against the typical share on the market, both starting at 100. Now 76 vs 83.
Is growth speeding up or slowing down?
The typical company's sales and profit growth against the same quarter a year earlier.
Industries in this sector
A sector mixes different businesses; each industry is judged on its own. Open one for its charts and companies.
| Waste Management16 companies | Mixed | 73% of cos. | +38.5% | −11.2% | 20.3 |
| Multi Utilities1 companies | Too few | — | — | −11.9% | 9.2 |
| Other Utilities2 companies | Too few | 0% of cos. | +7.2% | — | 11.3 |
| Water Supply & Management9 companies | Too few | 83% of cos. | +7.1% | −21.1% | 17.7 |
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
- VA Tech WabagBig order won
- Enviro Infra EngineersBig order won
- Greenleaf EnvirotechBig order won
Warning signs
No red flags in 90 days.
Best shares, 3 months
Worst shares, 3 months
Companies
Click a column to sort.
| Signs (90 days) | |||||||
|---|---|---|---|---|---|---|---|
| VA Tech Wabag WABAG | Water Supply & Management | ₹ 10,715.64 Cr. | +20.8% | +36.4% | 26.8 | −2.7% | Big order won |
| Refex Industries REFEX | Waste Management | ₹ 3,156.73 Cr. | +160.2% | +225% | 10.9 | −26.3% | Strong results |
| Enviro Infra Engineers EIEL | Water Supply & Management | ₹ 2,833.23 Cr. | +49% | +7.1% | 15.4 | −23.3% | Big order won |
| Technocraft Ventures Ltd TECHNOCRAF | Water Supply & Management | ₹ 1,898.67 Cr. | — | — | 44.1 | — | |
| Rajesh Power Services 544291 | Multi Utilities | ₹ 1,310.26 Cr. | — | — | 9.2 | −11.9% | |
| Antony Waste Handling Cell AWHCL | Waste Management | ₹ 798.22 Cr. | +5.5% | −96.8% | 13.6 | −34.6% | |
| Namo eWaste Management NAMOEWASTE | Waste Management | ₹ 772.94 Cr. | +64.6% | +75% | 53.2 | +16.2% | |
| EFFWA Infra & Research EFFWA | Waste Management | ₹ 749.62 Cr. | +45.5% | +38.5% | 26.2 | −11.5% | Credit rating raised |
| Eco Recycling ECORECO | Waste Management | ₹ 739.83 Cr. | +75.2% | +13.3% | 30.8 | — | |
| Z-Tech (India) ZTECH | Waste Management | ₹ 644.88 Cr. | +42.3% | +33.2% | 29.8 | −23.2% | |
| Denta Water and Infra Solutions DENTA | Water Supply & Management | ₹ 632.92 Cr. | −11.9% | −42.1% | 11.8 | −29.7% | |
| JITF Infralogistics JITFINFRA | Water Supply & Management | ₹ 624.08 Cr. | +20.7% | Loss | 140.8 | −26.5% | |
| Concord Enviro Systems CEWATER | Waste Management | ₹ 479.33 Cr. | −16.7% | Loss | 32.5 | −20.4% | |
| Hi-Green Carbon HIGREEN | Waste Management | ₹ 349.49 Cr. | +89.2% | Loss | 67.6 | +4.3% | |
| Organic Recycling Systems 543997 | Waste Management | ₹ 312.88 Cr. | +393.3% | +116.7% | 12.5 | +34% | |
| VVIP Infratech 544219 | Waste Management | ₹ 312.88 Cr. | −5.6% | +88.9% | 10.7 | +33.2% | |
| Felix Industries FELIX | Water Supply & Management | ₹ 306.01 Cr. | +36.9% | +54.8% | 15.2 | −1.1% | |
| Apex Ecotech APEXECO | Water Supply & Management | ₹ 301.68 Cr. | — | — | 17.7 | −10.3% | |
| Race Eco Chain RACE | Waste Management | ₹ 182.06 Cr. | +21.9% | +145.2% | 24.2 | −3.4% | |
| Urban Enviro Waste Management URBAN | Waste Management | ₹ 123.92 Cr. | +69.6% | +100% | 8.3 | −2.6% | |
| Sattva Engineering Construction SATTVAENGG | Water Supply & Management | ₹ 80.44 Cr. | — | — | 6.2 | −35.3% | |
| GEM Enviro Management 544199 | Waste Management | ₹ 78.93 Cr. | +170.1% | −74.2% | 17.4 | +7% | |
| Greenleaf Envirotech GREENLEAF | Waste Management | ₹ 63.09 Cr. | — | — | 8.7 | −11.2% | Big order won |
| Filtra Consultants And Engineers 539098 | Other Utilities | ₹ 62.04 Cr. | −11% | +7.2% | 20.8 | — | |
| EP Biocomposites 543595 | Waste Management | ₹ 14.63 Cr. | +35.9% | +47.3% | 10 | −15.1% | |
| Jiya Eco-Products JIYAECO | Other Utilities | ₹ 0.19 Cr. | — | — | 1.7 | — | |
| EMS Ltd EMSLIMITED | Waste Management | — | −34.3% | −60.5% | 23.2 | −25.5% | Big order won |
| Ion Exchange India Ltd IONEXCHANG | Water Supply & Management | — | +20.1% | −93.7% | 45.1 | −19% |
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.