On 6 Nov 2026, ResGen was priced at ₹46.00, or 9.5× trailing earnings, against an industry P/E of 13.9×, and the shares are 44% below their 52-week high. It earns ROCE of 19% and ROE of 16%, and sales and net profit grew 45% and 35% a year over 3 years. The company has almost no debt. It is listed on an SME platform with a market cap of ₹96 Cr, ranked 6th of 11 Waste Management companies by market cap; the shares fell 43% over the past year.
- ₹45.00
- ₹46.00
- ₹45.00
- ₹46.00
- 3.8K
Health check
- ReturnsBehind
−43.3% over a year, better than 1 of 7 peers.
- Price tagCheaper
P/E 9.5 vs industry 13.9.
- GrowthSteady
Sales +44.6%, profit +34.7% a year over 3 years.
- ProfitabilityAverage
ROCE 18.7% vs peer median 13.0%.
- Balance sheetSolid
Practically debt-free, Piotroski 7 of 9.
- Red flags2 to check
Quarterly sales down 15.9% on a year ago.
Small cap
Defensive
Key metrics
- Market cap
- ₹96 Cr
- Small cap
- P/E
- 9.5
- Industry 13.9
- Price to book
- 1.42
- Peers 2.31
- Dividend yield
- 0.00%
- ROE
- 16.3%
- Peers 10.8%
- ROCE
- 18.7%
- Peers 13.0%
- Debt to equity
- 0.02
- Debt ₹1.44 Cr
- EPS (TTM)
- ₹4.86
- OPM (TTM)
- 17.1%
- Net margin 14.3%
- Sales growth
- −15.9%
- Latest quarter vs a year ago
- Profit growth
- +14.4%
- Latest quarter vs a year ago
- Price to sales
- 1.36
- EV/EBITDA 6.9
Strengths and risks
Strengths
- Practically debt-free.
- P/E of 9.5 against an industry P/E of 13.9.
Risks to check
- Quarterly sales down 15.9% on a year ago.
- 44% below its 52-week high.
About ResGen
ResGen Limited engages in the manufacture and sale of pyrolysis oil and carbon from plastic waste and plastic scrap in India. The company's pyrolysis oil is a substitute for furnace oil. It also produces by-products, such as carbon and gas; and sells valves. The company was formerly known as Ecojanitors Limited and changed its name to ResGen Limited in July 2022. ResGen Limited was incorporated in 2018 and is based in Mumbai, India.
- Headquarters
- Mumbai
- Employees
- 12
- Sector
- Industrials
- ISIN
- INE0NYN01016
- Website
- resgen.in
Price range
- Avg volume (3M)
- 19.4K
- 1-year return
- minus 43.3%
- From 52-week high
- minus 44.2%
Peers · Waste Management
| Company | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| NRLNupur Recyclers | 166.88 | minus 0.18% | 1,153 | 67.3 | 68.6 | 13.7% | 9.1% | 0.23 | 4.9% | plus 141.5% |
| AWHCLAntony Waste Handling Cell | 304.45 | minus 0.83% | 864 | 14.8 | 5.5 | 10.6% | 18.1% | 0.50 | 7.2% | minus 40.6% |
| ECORECOEco Recycling | 395.75 | minus 3.33% | 764 | 32.1 | 24.8 | 26.7% | 59.4% | 0.05 | 39.5% | minus 15.4% |
| ORGANICRECOrganic Recycling Systems | 215.55 | minus 1.28% | 336 | 11.7 | 12.1 | 16.3% | 19.2% | 0.37 | 78.1% | plus 31.0% |
| RACERace Eco Chain | 104.84 | minus 1.78% | 181 | 23.0 | 19.2 | – | 1.5% | 1.04 | 32.0% | minus 49.5% |
| RESGENResGen | 46.00 | 0.00% | 96 | 9.5 | 6.9 | 18.7% | 17.1% | 0.02 | 44.6% | minus 43.3% |
| GEMENVIROGEM Enviro Management | 38.00 | minus 2.54% | 86 | 18.1 | 15.4 | 12.3% | 3.0% | 0.09 | 33.8% | minus 27.8% |
| GANVERSEGanesha Ecoverse | 23.50 | 0.00% | 58 | – | – | −12.1% | 394.1% | 0.34 | 52.7% | minus 31.1% |
| Median of 7 peers | – | −1.28% | 336 | 20.5 | 17.3 | 13.0% | 18.1% | 0.34 | 33.8% | −27.8% |
Quarterly results
| ₹ Cr | Mar 25 | Mar 26 |
|---|---|---|
| 39.5 | 33.2 | |
| 31.4 | 26.5 | |
| 8.1 | 6.7 | |
| 20.5% | 20.3% | |
| 0 | 1.6 | |
| 0.3 | 0 | |
| 1.8 | 1.4 | |
| 6 | 7 | |
| 30.5% | 32.1% | |
| 4.1 | 4.7 | |
| 1.97 | 2.94 |
Profit & loss
- Sales CAGR 3Y
- +44.6%
- Profit CAGR 3Y
- +34.7%
- EPS CAGR 3Y
- +16.9%
- ROE
- 16.3%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 23.5 | 45.5 | 65.2 | 71.1 | |
| – | +93.4% | +43.2% | +9.1% | |
| 13.2 | 30.2 | 49.7 | 57.2 | |
| 10.3 | 15.3 | 15.4 | 13.9 | |
| 43.8% | 33.6% | 23.7% | 19.5% | |
| 0 | 0 | −0.2 | 1.6 | |
| 1.4 | 1.1 | 0.6 | 0.5 | |
| 3 | 4.9 | 3.6 | 2.8 | |
| −0 | −0.1 | – | – | |
| 5.9 | 9.2 | 11.1 | 12.2 | |
| 28.8% | 28.4% | 28.4% | 27.9% | |
| 4.2 | 6.6 | 8 | 10.2 | |
| – | +57.6% | +21.4% | +27.9% | |
| 3.04 | 3.13 | 3.80 | 4.86 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 21 | 21 | 21 | 21 | |
| 22.1 | 28.6 | 36.6 | 46.8 | |
| 11.5 | 8.7 | 4.7 | 1.4 | |
| 12.8 | 7.5 | 8.3 | 5.9 | |
| 67.4 | 65.8 | 70.5 | 75.1 | |
| 28.4 | 23.8 | 17 | 14.6 | |
| 13.2 | 4.8 | – | – | |
| – | 0.2 | – | – | |
| 0 | 0 | 1.8 | 2.2 | |
| 25.7 | 37.1 | 51.7 | 58.4 | |
| 67.4 | 65.8 | 70.5 | 75.1 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| −14.1 | 5.1 | 7.5 | 4.3 | |
| −21.9 | −1.1 | −1.1 | −0.4 | |
| 35.9 | −4 | −4.7 | −3.4 | |
| 0 | −0 | 1.7 | 0.4 | |
| −9.1 | −8.7 | −1.6 | −0.4 | |
| −23.2 | −3.6 | 5.9 | 3.9 |
Shareholding pattern
This company is listed only on BSE, so there’s no NSE category split. See Major shareholders below for the named holders.
Major shareholders
Filings & events
News
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