e.g, its been one the earlier entrants in this field and despite a huge market potential they have been unable to scale up the operations. As far as i have researched the market (at one time i wanted to start something like this), the profit margins are excellent in the business, but looking at the results of this company, you could see, that even their operating profits are minuscule. I have also been touch with three people who are into this business and one of them is actually a "kabadi" and they have grown by leaps and bounds and now swear by the market potential of e-recycling... but all this is not evident in ecoreco

Cerebra's financials look worser than Ecoreco's. I think Attero is doing good, but it is a private company.

Let us wait and see how Eco will improve its financials and expand the capacity.ve on.

That is why question was on the profile of the clients. Typically dealing with HP, Dell would inspire more confidence than say Maharashtra govt.

Originally posted by rohit1889 Ambore sir, any news on Eco recycling? nearly 50% up in last 2-3 days. Today volumes also seem pretty heavy as compared to past few days. Also 91% are delivery based volumes. Looks like someone (Ambore sir) is accumulating !!!

The results are not consistent. Recently, it has been shortlisted by CNBC for Future Leaders awards. Overall I have mixed feelings. 

However, I am pretty confident we are going to see a great company emerging from this industry. I am not yet sure if that is  going to be Ecoreco. I will wait for some time to take any call.