BSEBoard Meeting9h ago · 28 Oct 2026, 01:44 pm

Unaudited Standalone and Consolidated Financial Results of the Company for the half year ended September 30, 2026.

Organic Recycling Systems Ltd · 543997

✦ AI Summary▲ PositiveResults

Organic Recycling Systems Ltd has announced its unaudited standalone and consolidated financial results for the half year ended September 30, 2026, showing revenue more than doubling to ₹770.01 Mn, with EBITDA and PAT delivering solid year-on-year growth.

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Earnings Impact8/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact9/10
Market Sentiment8/10

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Organic Recycling Systems Ltd - 543997 - Board Meeting Outcome for Unaudited Standalone And Consolidated Financial Results Of The Company For The Half Year Ended September 30, 2026.

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October 28, 2026 BSE Limited, Department of Corporate Services, Listing Department P J Towers, Dalal Street Mumbai – 400001 Scrip Code: 543997 Dear Sir/Madam, Subject: Outcome of the meeting of the Board of Directors of Organic Recycling Systems Limited (the “Company”), in terms of the provisions of Regulation 30 and 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”) Pursuant to Regulation 30 and 33 of the SEBI Listing Regulations, we wish to inform you that the Board of Directors of the Company, at its meeting held today i.e. October 28, 2026 have inter alia considered and approved the following: 1. The Unaudited Standalone and Consolidated Financial Results of the Company for the half year ended September 30, 2026, as recommended by the Audit Committee. 2. Approval for providing a corporate guarantee in favour of HDFC Bank Limited in connection with credit facilities aggregating to ₹5.00 crore sanctioned to Industrial Associates, a partnership firm in which the Company holds a 99.9% interest, for its working capital requirements. Please find enclosed herewith a copy of the approved Unaudited Standalone and Consolidated Financial Results along with the Limited Review Report of the Auditors as annexure A. Further, pursuant to Regulation 30 of the Listing Regulations, we are enclosing herewith a copy of the Investor Presentation on the Unaudited Financial Results of the Company for the half year ended 30thSeptember, 2026 as annexure B. The requisite disclosures in respect of the Corporate Guarantee, pursuant to Regulation 30 of the SEBI Listing Regulations, are enclosed herewith as Annexure C. The meeting commenced at 10.30 a.m. and concluded at 13.32 p.m. You are requested to take the same on your record. Organic Recycling Systems Ltd Registered / Corporate Address: 1003, The Affaires, Plot No.19, Sector-17, Sanpada, Navi Mumbai – 400705. Tel: + 91 22 4170 2222 Fax: +91 22 4170 2200 22 00 | www.organicrecycling.co.in | info@organicrecycling.co.in CIN L40106MH2008PLC186309 Thanking You For Organic Recycling Systems Limited Manoj Kumar Company Secretary & Compliance Officer Membership No. A56992 Encl: As above Organic Recycling Systems Ltd Registered / Corporate Address: 1003, The Affaires, Plot No.19, Sector-17, Sanpada, Navi Mumbai – 400705. Tel: + 91 22 4170 2222 Fax: +91 22 4170 2200 22 00 | www.organicrecycling.co.in | info@organicrecycling.co.in CIN L40106MH2008PLC186309 ORGANIC RECYCLING SYSTEMS LIMITED CLEANTECH | INNOVATION | ENGINEERING STRONG H1 FY27 PERFORMANCE Revenue more than doubled as EBITDA and PAT delivered solid year-on-year growth REVENUE FROM OPERATIONS EBITDA* PROFIT AFTER TAX DILUTED EPS ₹770.01 Mn ₹192.60 Mn ₹157.97 Mn H1: ₹10.43 +151.82% YoY +30.97% YoY +30.57% YoY Annualised: ₹20.86 *EBITDA excludes other income. Annualised EPS is calculated by doubling H1 diluted EPS; it is an indicative run-rate and not a forecast. Management Commentary Commenting on the Company’s performance, Mr. Sarang Bhand, Founder & Managing Director, said: “H1 FY27 reflects strong business momentum, with revenue more than doubling year-on-year and continued growth in EBITDA and profit after tax. Our expanding project portfolio, strategic collaborations and focus on execution position us to pursue the next phase of growth and create long- term stakeholder value.” H1 FY27 Financial Highlights • Revenue from operations increased 151.82% to ₹770.01 Mn from ₹305.78 Mn in H1 FY26, supported by product sales and contributions from consulting and service verticals. • EBITDA grew 30.97% to ₹192.60 Mn from ₹147.06 Mn. EBITDA margin was 25.01%, compared with 48.09% in H1 FY26, primarily reflecting higher purchases of stock-in-trade and changes in inventories of finished goods, work-in- progress and stock-in-trade. • Profit after tax rose 30.57% to ₹157.97 Mn from ₹120.99 Mn. PAT margin for H1 FY27 was 20.33%. Strategic and Business Developments • BPCL project wins: Award of five EPCOM contracts for CBG plants at Mysuru, Raipur, Kozhikode, Hubli-Dharwad and Bhilai, representing a reported aggregate order-book range of approximately ₹350–500 crore and proposed combined capacity of around 24.6 TPD. • O&M portfolio: Renewal of the Gorakhpur operations and maintenance mandate from IOCL strengthens the Company’s recurring service opportunity and operating capabilities. • Capital-market initiatives: Completion of a 1:2 bonus share issue and a preferential share issue at ₹161 per share. • Strategic collaborations: Collaboration with Mahanagar Gas Limited to explore CBG projects in Maharashtra and Karnataka, and with Aditya Birla Chemicals on composite-waste recycling. • Emerging solutions: Continued work on carbon-compliance services and biomass gasification broadens the Company’s technology-led waste-to-value offering. ORSL | H1 FY27 Investor Update ORGANIC RECYCLING SYSTEMS LIMITED CLEANTECH | INNOVATION | ENGINEERING H1 FY27 Financial Performance Snapshot Consolidated | ₹ in Mn, except EPS and percentages Particulars H1 FY27 H1 FY26 YoY H2 FY26 Revenue from operations 770.01 305.78 151.82% 744.96 Other income 6.94 0.43 — 5.61 Total revenue 776.96 306.21 — 750.58 Total expenses 577.41 158.73 — 589.19 EBITDA* 192.60 147.06 30.97% 155.77 EBITDA margin 25.01% 48.09% — 20.91% Depreciation & amortisation 26.85 19.36 — 19.90 Finance cost 4.54 1.33 — 3.54 Profit before tax 168.16 126.79 — 137.94 Tax expense 10.19 5.80 — 8.12 Profit after tax 157.97 120.99 30.57% 129.82 PAT margin 20.33% 39.51% — 17.30% Diluted EPS (₹) 10.13 11.63 — 12.48 Annualised diluted EPS (₹) 20.86 — — — *EBITDA excludes other income. Annualised diluted EPS of ₹20.86 is calculated as H1 FY27 diluted EPS of ₹10.43 × 2 and is indicative only; actual full- year EPS may differ. Management Guidance We remain committed to maintaining our FY27 revenue growth guidance. Supported by a strong execution pipeline and continued business momentum. Looking Ahead ORSL remains focused on executing its growing project portfolio, strengthening its technology platform, improving operating efficiencies and maintaining financial discipline. The Company believes that execution capabilities, strategic partnerships and innovation will be central to converting emerging opportunities into sustained growth and long-term stakeholder value, while supporting India’s transition towards a circular and resource-efficient economy. The Company thanks its employees, customers, partners and shareholders for their continued trust and support. ORSL | H1 FY27 Investor Update ORGANIC RECYCLING SYSTEMS LIMITED CLEANTECH | INNOVATION | ENGINEERING About Organic Recycling Systems Limited Organic Recycling Systems Limited (ORSL) is an environmental engineering company specialising in sustainable waste management and valorisation solutions. Established in 2008 by technocrats, ORSL develops and deploys robust, cost- effective and eco-friendly technologies across the waste value chain. The Company’s operations span four strategic business verticals: • Project Vertical — turnkey projects and technology solutions for waste valorisation. • Product Vertical — a growing portfolio of bio-based products, including compressed biogas (CBG) and organic manure, supporting sustainable energy and agriculture. • Services Vertical — advisory / consulting services in environmental strategy, waste management and regulatory compliance. Operations & Maintenance (O&M) — troubleshooting and comprehensive O&M services for CBG-based and other waste-processing facilities. Technology, Recognition and Partnerships Recognised under the Swachh Bharat Mission for operational excellence and innovation, ORSL is actively pursuing EPC (Engineering, Procurement and Construction) opportunities nationwide. Its research and innovation efforts are supported by collaborations with institutions and technical partners including IIT Bombay (IITB), IIT Kharagpur, IIT Roorkee and the University [Showing first 8,000 characters — download PDF for full document]