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List of Waste Management Stocks in India (2025)

Shares of companies engaged in recycling, collection, treatment, and disposal of waste, including hazardous and electronic waste, aligning with growing environmental regulations and urban sustainability initiatives.

Top Waste Management Stocks in 2025

Waste Management Stock Screener

Waste Management Stock Screener: Analyse & Filter Indian Stocks on Tickertape

Showing 1 - 8 of 8 results

last updated at 6:30 AM IST 
NameStocks (8)Sub-SectorSub-SectorMarket CapMarket CapClose PriceClose PricePE RatioPE Ratio1D Return1D Return1M Return1M Return6M Return6M Return1Y Return1Y ReturnPB RatioPB RatioReturn on EquityReturn on EquityROCEROCEDividend YieldDiv YieldDebt to EquityDebt to EquityVolatility vs NiftyVolatility vs Nifty
1.Va Tech Wabag LtdWABAGWater ManagementWater Management8,752.968,752.961,387.001,387.0029.6429.64-1.29-1.29-0.31-0.31-14.46-14.46-25.46-25.464.084.0814.8814.8816.8716.870.280.280.170.173.203.20
2.Ion Exchange (India) LtdIONEXCHANGEnvironmental ServicesEnvironmental Services4,199.924,199.92341.15341.1520.2120.21-0.15-0.15-15.61-15.61-38.42-38.42-50.84-50.843.473.4718.6418.6420.0120.010.510.510.270.272.572.57
3.EMS LtdEMSLIMITEDConstruction & EngineeringConstruction & Engineering2,375.612,375.61427.85427.8512.9412.940.010.01-18.37-18.37-26.20-26.20-48.19-48.192.432.4320.6420.6424.2624.260.350.350.090.093.263.26
4.Antony Waste Handling Cell LtdAWHCLEnvironmental ServicesEnvironmental Services1,267.141,267.14434.65434.6514.8414.84-2.69-2.69-15.09-15.09-28.32-28.32-35.98-35.981.551.5511.1011.1013.6913.69--0.620.622.662.66
5.Eco Recycling LtdECORECOBusiness Support ServicesBusiness Support Services888.42888.42455.00455.0013.4813.48-1.17-1.17-23.65-23.65-29.72-29.72-51.19-51.199.929.9283.9083.9033.5833.58--0.050.053.573.57
6.Baheti Recycling Industries LtdBAHETIMetals - AluminiumMetals - Aluminium577.06577.06560.50560.5032.0432.040.710.71-3.45-3.45-4.16-4.1634.0334.039.769.7635.7535.7552.2552.25--2.682.683.543.54
7.Namo eWaste Management LtdNAMOEWASTEEnvironmental ServicesEnvironmental Services414.47414.47182.55182.5549.0549.050.720.720.110.1117.7717.77-12.15-12.154.674.6713.6213.6214.7114.71--0.030.034.554.55
8.Urban Enviro Waste Management LtdURBANWater ManagementWater Management130.77130.77153.50153.5012.7512.751.661.66-4.40-4.40-0.52-0.52-42.08-42.084.104.1038.3538.3530.5530.55--1.291.294.034.03

Disclaimer: Please note that the above table is for informational purposes only, and is not recommendatory. Please do your own research or consult your financial advisor before investing. The data is derived from Tickertape Stock Screener and is subject to real-time updates.

Selection criteria: Waste Management Stocks, based on publicly available information and is sorted by market cap.

Overview of the Top Waste Management Stocks

Va Tech Wabag Ltd

Va Tech Wabag Ltd specializes in water treatment, desalination, and wastewater management. It delivers sustainable, innovative solutions to municipalities and industries.

Ion Exchange (India) Ltd

Ion Exchange (India) Ltd offers water treatment, wastewater recycling, and chemical treatment services. It provides these environmental management solutions to both industrial and municipal clients.

EMS Ltd

EMS Ltd builds sewage treatment plants, water supply systems, and waste management infrastructure. It supports urban and rural development projects throughout India.

Antony Waste Handling Cell Ltd

Antony Waste Handling Cell Ltd collects, transports, processes, and disposes of municipal solid waste. It uses scientific landfill methods and develops waste-to-energy projects.

Eco Recycling Ltd

Eco Recycling Ltd leads e-waste recycling in India. It collects, segregates, dismantles, and disposes of electronic waste in eco-friendly ways, helping to promote circular economy practices.

What are Waste Management Stocks?

Waste management stocks represent listed companies that provide services such as waste collection, transportation, recycling, treatment, and disposal. These companies handle various types of waste, including municipal waste, industrial waste, electronic waste (e-waste), and hazardous waste.

In India, the country generates about 62 mn tonnes of municipal solid waste each year, and this amount is expected to grow to 165 mn tonnes by 2030. Currently, only around 70% of this waste gets collected, and just 20% of it is treated, which shows a significant potential for growth and investment opportunities in the waste management sector.

Market Size of Waste Management Sector in India

  1. The waste management market is estimated at USD 13.6 bn in 2025, expected to grow to USD 19.26 bn by 2030, with a robust CAGR of 7.21%.
  2. Another projection estimates the market reaching USD 94.3 bn by 2030, with a CAGR of 6.4%, making India the fastest‑growing market in Asia–Pacific.
  3. A more conservative view places the solid waste management segment at USD 12.21 bn in 2024, climbing to USD 21.86 bn by 2033 (CAGR ~6.18%).
  4. The sector, including broader industry drivers, is expected to expand from USD 25.1 bn in 2023 to USD 39.07 bn by 2030 at a CAGR of 6.5%.

Advantages of Investing in Waste Management Stocks

Recession‑Resilient Demand

Waste management demand remains steady even during recessions because waste is produced continuously, ensuring reliable revenue.

Policy Support and Funding

Strong government policies and funding, such as major investments under Swachh Bharat Mission – Urban (SBM-Urban) and Gramin (SBM-Gramin), help expand infrastructure and services in this sector.

High Growth Potential

The sector offers high growth potential due to rising waste volumes, low current treatment rates, and optimistic future projections.

Environmental and ESG Appeal

Companies that follow environmentally sustainable practices, especially in recycling and waste-to-energy, attract impact investors focused on Environmental, Social, and Governance (ESG) principles.

Technological Differentiation

Firms using advanced technologies like smart recycling methods, Extended Producer Responsibility (EPR) platforms, or digital waste solutions such as Recykal have a competitive edge.

Risks of Investing in Waste Management Stocks

Regulatory Execution Gaps

Although policies like SBM are comprehensive, delays and gaps in implementation and infrastructure limit their effectiveness.

Fragmented and Competitive Space

The industry has many small competitors, making it difficult to scale operations and achieve strong profitability.

Infrastructure and Logistics Bottlenecks

Inefficiencies in waste collection and limited treatment facilities can restrict company performance.

Commodity and Input Price Volatility

Recycling companies face risks from fluctuating commodity and input prices, which can squeeze profit margins.

Urban Concentration and Financial Stability

Heavy dependence on urban contracts and constrained public budgets create revenue risks, especially during economic downturns.

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Factors to Consider Before Investing in Waste Management Stocks

Financial Strength & Scalability

Prioritise companies with strong margins, cash flows, and ability to scale (e.g., Va Tech Wabag, Eco Recycling).

Technological Edge

Players using waste-to-energy, smart recycling platforms, or digital EPR solutions stand out (e.g., Recykal).

Policy Alignment & Tender Access

Companies with track record in executing government-backed urban or rural programs are better positioned.

Diversified Service Portfolio

Firms with mixed lines—collection, recycling, energy, industrial waste—can better weather industry shifts.

ESG Reporting & Environmental Impact

Businesses with clear sustainability metrics and initiatives enjoy stronger brand and investor support.

Geographic Presence & Market Reach

Broad regional reach helps capitalize on the country-wide under-penetration of waste services.

Conclusion

Investing in waste management stocks in India aligns growth potential with sustainability impact. While strong policies, rising urbanisation, and technological innovation fuel opportunities, investors should carefully evaluate execution risks, market fragmentation, and financial health to navigate this evolving sector effectively.

Using the Tickertape Stock Screener with over +200 filters, you can identify Waste Management stocks that align with your investment thesis - tracking metrics like revenue growth, margins, debt, and return ratios before making an informed choice.

Frequently Asked Questions on Waste Management Stocks

  1. What are Waste Management Stocks?

    These represent companies involved in collection, processing, recycling, and disposal of waste materials, as well as producing energy from waste.

  2. How to invest in Waste Management Stocks?

    Here’s how you can invest in Waste Management stocks -
    1. Go to the Tickertape Stock Screener
    2. Select the "Waste Management" stocks.
    3. From the Waste Management stocks, analyse and sort the Waste Management stocks using over 200+ filters—including valuation ratios, financials, technical indicators, and more—based on your investment thesis.
    4. Review the filtered list, and identify stocks that best align with your risk appetite, return expectations, and investment goals.
    5. Once you've shortlisted the stocks, click ‘Place Order’ to invest in your preferred Waste Management stocks.

    Disclaimer: Please do your own research or consult your financial advisor before investing.

  3. What is the future projection of waste management stocks?

    India’s waste management sector is expected to grow at a CAGR of 7–9% due to urbanisation, stricter environmental norms, and demand for sustainable solutions.
    Disclaimer: This is only for educational purposes as the latest data is derived from major financial research reports.

  4. How to choose waste management stocks for investing?

    Here’s how to choose Waste Management Stocks for investing -
    - Look at companies with strong municipal contracts.
    - Evaluate waste-to-energy capabilities.
    - Check compliance with environmental regulations.
    - Assess financial health and scalability.
    Disclaimer: Please note that this is not a recommendation. Please do your own research or consult your financial advisor before investing.

  5. Do waste management stocks offer regular dividends?

    Dividend payouts vary; large, stable players may provide regular dividends, but emerging firms often prioritise reinvestment.
    Disclaimer: This is only for educational purposes as the latest data is derived from Tickertape Stock Screener.

  6. What are the factors affecting waste management stocks prices?

    Factors affecting Waste Management Stocks prices are -
    - Government waste management policies.
    - Urbanisation and population growth rates.
    - Technological adoption in recycling and disposal.
    - Cost of waste collection and fuel.