Effwa Infra & Research Ltd – Company Report
1. Company Overview
Effwa Infra & Research Ltd, founded in December 2014 and headquartered in Thane, Maharashtra, is a leading environmental engineering and infrastructure company specializing in water and wastewater treatment, environmental remediation, and pollution control. ISO 9001:2015 certified, the company integrates over 25 years of collective experience through its multidisciplinary team of engineers and scientists.
Effwa delivers concept-to-commissioning environmental solutions and has successfully executed 1,000+ projects globally. Its mission emphasizes engineering innovation to solve ecological challenges for public and private sector clients. The company is publicly listed and recognized for its commitment to quality, ethics, sustainability, and customer-centric execution.
- Incorporated: December 2014
- Headquarters: Thane, Maharashtra, India
- Legal Status: Public Limited Company, listed on SME exchanges
- Certifications: ISO 9001:2015
- Core Focus: Water treatment, effluent recycling, incineration, water body restoration, and environmental consulting
- Network: Projects across India and select international markets
2. Products and Services
Effwa Infra offers a wide range of tailored services and technologies for industrial, municipal, and public sector clients.
Effluent Treatment and Recycling
- Custom solutions for industrial effluent treatment enabling Zero Liquid Discharge (ZLD)
- Sector expertise: textiles, leather, chemicals, pharma, power, mining, and more
Sewage Treatment and Reclamation
- Complete STP solutions for municipalities and large housing clusters
- Water reclamation systems for reuse and irrigation
Water Treatment and Distribution
- Drinking and process water plants with advanced filtration, desalination, and disinfection
- Full-scale pumping and pipeline distribution networks
Restoration of Water Bodies
- Bioremediation and ecological restoration of lakes, rivers, and natural water systems
Hazardous Waste Management and Incineration
- Incinerators and systems for safe disposal of hazardous materials in compliance with regulations
Solid Waste Management
- Solutions for organic and inorganic waste segregation, collection, and treatment
Consulting, Project Management & O&M
- End-to-end EPC and consulting services
- Feasibility studies, audits, and long-term O&M contracts
Innovative Engineering & R&D
- Strong in-house R&D and innovation culture focused on sustainable, customized solutions
3. Recent News and Financial Performance
Recent Developments
January 23, 2025: Secured a $4.298 million work order from Afcons Infrastructure Ltd for a 16.5 MLD WTP in Ivory Coast.
March 11, 2025: Promoter Dr. Varsha Subhash Kamal acquired 10,800 equity shares, raising her stake from 37.28% to 37.32%
April 8, 2025: As per the latest bulk deal available with the NSE, investor Sandeep Singh bought 1,25,200 equity shares in Effwa Infra & Research—representing a 0.54 percent stake—through an open market transaction valued at around ₹2.26 crore, at an average price of Rs. 180.49 per share.
November 7, 2025: Effwa Infra & Research Ltd secured an EPC contract worth over ₹150 crores for the supply and commissioning of water treatment and ZLD plant for SAIL, to be completed in 18 months.
Continued wins in hazardous waste, water treatment, and restoration projects
Over 465 million liters/day treated across India and abroad
Strategic R&D and digitalization continue to bolster project performance and scalability
YoY Growth:
- FY2024 Revenue: ₹145.16 crore | Net Profit: ₹13.80 crore
- FY2023 Revenue: ₹115.10 crore | Net Profit: ₹5.13 crore
4-Year Revenue CAGR: 38.6%
Net Profit CAGR: Over 80%
4. Financial Performance (FY2025)
| Metric | FY2025 |
|---|---|
| Revenue | ₹185.12 crore |
| Net Profit | ₹20.11 crore |
| EBITDA | ₹30.02 crore |
| Operating Profit Margin | 16.1% |
| Basic EPS | ₹8.69 |
| Return on Equity (ROE) | 30.5% |
| Dividend | Not declared |