| Market Cap | ₹219.7 CrSmall Cap |
|---|---|
| Revenue TTM | ₹82.04 CrOperating |
| RSI | 35.18Neutral Zone |
| Piotroski Score | 2Efficiency Score |
Key highlights
- Registration of Phase I Plastic Waste Reduction Project in Bangladesh with Verra
- Marks the first-ever registered plastic waste reduction project in Bangladesh
- Project complies with Verra’s global Plastic Waste Reduction Standard
- Enables the generation of Plastic Credits for environmental finance markets
- Expansion into a major South Asian market for waste recovery and circularity
- Leverages existing expertise from company's prior plastic projects in India
Strategic Expansion in South Asia
The registration of the Bangladesh project signifies a major step in EKI Energy Services' international growth strategy. By establishing the first Verra-registered plastic waste initiative in the country, the company secures a first-mover advantage in a developing environmental market. This Phase I project focuses on creating structured systems for plastic waste collection and recovery, preventing materials from entering landfills or leaking into natural ecosystems.
The initiative aligns with global frameworks for plastic waste management and strengthens the company's presence across emerging environmental markets beyond its established operations in India.
The Circular Economy Business Model
EKI Energy Services utilizes a business model centered on environmental finance and the circular economy. The project operates under Verra’s rigorous monitoring and certification processes to generate Plastic Credits. These credits act as a financial mechanism to fund collection and recycling activities, providing a scalable solution to plastic pollution.
By channelling finance toward waste management infrastructure, EKI aims to increase the availability of recycled plastic feedstock for industrial use. This approach helps businesses achieve their climate and sustainability ambitions while providing EKI with a diversified revenue stream from high-impact environmental projects.
Operational Profile and Market Footprint
- Present in over 16 countries with a client base exceeding 3,500 globally
- Total carbon offset supply surpassed 200 million units to date
- Established track record as the first company to list an Indian plastic project with Verra
- Broad portfolio spanning carbon credit generation, supply, and sustainability audits
- Focused on net-zero transitions through CDM, VCS, and Gold Standard frameworks
Financial and Performance Context
EKI Energy Services operates in the consulting services sector with a current market capitalization of ₹219.7 crore. The company has faced a challenging financial period, reporting a trailing twelve-month (TTM) net loss of ₹30.08 crore on operating revenue of ₹82.04 crore. Market performance reflects these headwinds, with the stock price declining by approximately 26.75% over the past year.
Despite recent quarterly revenue growth slowing, the company maintains a high promoter holding of 65.89%, suggesting continued management commitment to its strategic pivot toward a diversified global portfolio of environmental solutions.
“The registration of our first plastic project in Bangladesh is an important milestone in EKI’s journey of expanding environmental solutions across geographies. Plastic waste is a global challenge that requires structured systems for collection, recovery and recycling, supported by credible environmental markets.”
| Share price | ₹79.59 |
|---|---|
| Market capitalisation | ₹219.70 Cr |
| Revenue (annual) | ₹86.52 Cr |
| Net profit (annual) | -₹15.00 Cr |
| Revenue (latest quarter) | ₹10.46 Cr-47.05% vs previous quarter |
| Net profit (latest quarter) | -₹15.80 Cr-95.74% vs previous quarter |
| P/E (TTM) | -14.65×Sector 42.23× |
| Promoter holding | 65.89%0.00% QoQ |
| FII holding | 0.06%Current quarter |
Reference market data from a third-party provider, as of the story. Not a valuation or a recommendation.
Exchange filing by EKI Energy Services Limited announcing the successful registration of its Phase I Plastic Waste Reduction Project in Bangladesh with Verra. Market figures from a third-party data provider.
