From execution to scale - EPW India’s transformation is visible in the numbers ⚙️
Over the last two years, the company has moved from a small execution base to a rapidly scaling industrial platform aligned with India’s capex cycle.
The core engine
EPW India operates an integrated engineering and fabrication model where higher volumes directly translate into better margins. In-house execution, asset-backed infrastructure and disciplined cost control are now clearly reflecting in profitability.
What the financials say (FY23–FY25)
Revenue expanded from ₹6.7 Cr to ₹53.3 Cr, while EBITDA moved from ₹0.11 Cr to ₹6.21 Cr.
Margins followed - EBITDA margin improved from 1.7% to 11.6%, and PAT scaled from ₹0.06 Cr to ₹4.33 Cr, taking PAT margins to 8.1%.
A strategic second pillar
The acquisition of Renavart Recyclers adds a regulated, sustainability-focused vertical. With central and state e-waste licenses, 15.5 MTPA recycling capacity, and 15 collection centres, EPW India now participates in the fast-growing circular economy.
Why e-waste matters
Recycling 1 million mobile phones can potentially recover 16,000 kg of copper, 350 kg of silver, 34 kg of gold and 15 kg of palladium - highlighting the economic value embedded in compliance-led recycling.
The bigger picture
An execution-driven industrial business, rising operating leverage, and a sustainability-linked growth engine.
📌 Upcoming SME IPO - offering investors a chance to participate in EPW India’s next growth phase.