Urban Enviro Waste Management Ltd

Urban Enviro Waste Management Ltd – Company Report


1. Company Overview


Urban Enviro Waste Management Ltd (UEWML), incorporated in 2011 and headquartered in Nagpur, Maharashtra, is a leading Indian provider of integrated municipal solid waste (MSW) management solutions. The company offers end-to-end services across collection, transportation, segregation, treatment, recycling, and disposal of solid and liquid waste. With over 2,800 employees and an operational footprint across Maharashtra, Gujarat, Rajasthan, and Madhya Pradesh, UEWML plays a crucial role in supporting India's urban sanitation and sustainability goals.

UEWML’s model combines facility-driven operations, tech-enabled monitoring, and community-focused execution, making it a preferred service partner for urban local bodies, industrial clusters, government institutions, hospitals, and residential complexes.

  • Incorporated: 2011
  • Headquarters: Nagpur, Maharashtra, India
  • Employees: 2,800+
  • Core Focus: Municipal solid waste management and related services
  • Operational Footprint: Maharashtra, Gujarat, Rajasthan, Madhya Pradesh
  • Primary Clients: Municipal bodies, industrial and residential entities
  • Certifications: Environmental and operational compliance (project-based)

2. Products and Services


  • Municipal Solid Waste Management: Door-to-door collection, waste transportation, segregation, processing, disposal, and recycling
  • Specialized Waste Handling: Biomedical, industrial, slaughterhouse, and agro-waste services
  • Waste Treatment Solutions: Biomining of legacy waste, composting, landfill engineering, material recovery facilities
  • Skilled Workforce Services: Supply of trained manpower for public and private sector waste operations
  • Technical Consulting: R&D, project design, compliance audits, and custom waste handling innovations
  • Client Base: Urban municipalities, cantonments, housing boards, government departments, and industries

Competitive Strengths: Recurring long-term contracts, leadership in central and western India, equipment-backed scalability, deep regulatory expertise, and excellent client relationships.


3. Recent Business Developments


UEWML has expanded aggressively through multiple government contracts under initiatives like the Swachh Bharat Mission and direct municipal tenders.

Key Contracts Secured (FY2025):

  • February 22, 2024: Won a ₹78.12 crore order from Chandrapur City Municipal Corporation – Door-to-door collection.
  • August 25, 2025: Secured a ₹55.20 crore order from the Akola Municipal Corporation, Maharashtra – Door-to-door collection.
  • January 3, 2025: Won a ₹50.28 crore order from Bhilai Municipal Corp, Chhattisgarh – Door-to-door collection via e-rickshaws.
  • Apr 28, 2025: Bagged a ₹19.07 crore order from Nagar Nigam Jaipur Heritage – Waste collection & sweeping with GPS tracking.
  • June 4, 2025: Won a ₹10.35 crore order from Savarkundla Municipality, Gujarat – DBOT solid waste plant (7 years).
  • March 18, 2025: Received a ₹7.77 Crore order from Anjar Municipality, Gujarat – 2-year waste management in Ward No. 1 to 9.
  • December 11, 2024: Secured a ₹4.55 crore order from Anand Municipality, Gujarat – Door-to-door collection.
  • January 28, 2025: Bagged a ₹3.6 crore/year order from Chandrapur Municipal Corp – Mechanical dept. manpower (3 years).
  • December 18, 2024: Received a ₹2.21 crore order from Dwarka Municipality, Gujarat – 2-year waste management.
  • December 16, 2024: Secured a ₹1.94 crore order from Saoner Municipal Council, Maharashtra – End-to-end cleaning services.
  • November 25, 2024: Received a ₹1.68 crore order from Borsad Municipality, Gujarat – High-tech sweeping and collection.
  • November 29, 2024: Bagged a ₹1.47 crore order from Khambhat Municipality, Gujarat – Garbage collection.
  • December 24, 2024: Won a ₹70.8 lakh order from Dhandhuka Nagarpalika, Gujarat – MSW collection and transport.
  • July 26, 2024: Received a ₹67.19 lakh order from Jaipur Terminal Market, Rajasthan – Market waste cleaning.
  • July 24, 2024: Secured a ₹28.27 lakh order from Bilimora Nagarpalika, Gujarat – Legacy waste processing.
  • Additional contracts include a ₹88 Lakh work order from Petlad Municipality, Gujarat, for door-to-door garbage collection and transportation, as well as a ₹12 Lakh work order from Anjar Municipality, Gujarat, for road cleaning and sweeping under the Nirmal Gujarat 2.0 grant.

4. Financial Performance (FY2025)


Metric FY2025 Value
Total Revenue ₹141 crore
Operating Profit ₹25 crore
Net Profit ₹10.3 crore
Operating Profit Margin 18%
EPS ₹11.85
Dividend Not declared (reinvested)

Financial Summary

FY2025
MetricCompanyIndustry Avg.
Price / Sales0.943.66
EV / EBITDA6.1416.25
Debt / Equity0.850.35
ROE %38.3521.22
ROCE %31.7125.47
P / B4.183.77
Div Yld %0.160.44
P/E12.9826.44
OPM %17.7619.75
Qtr Sales Growth YOY %23.3939.99
Qtr Profit Growth YOY %-13.7728.12
ROA LAST 12M %13.1313.57
Prom. Hold. %51.1965.33
Sales 3Yrs CAGR %92.7740.08
Sales 5Yrs CAGR %62.0385.99
Profit 3Yrs CAGR %86.96132.79
Profit 5Yrs CAGR %68.74103.39

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