E-waste and critical mineral recycler Attero expects to close the current financial year with 100 per cent year-on-year growth in revenue to around Rs 20 billion, a senior company executive said on Monday.

The strong performance has been driven by margin improvements supported by automation, logistics efficiencies and scale, Attero co-founder and chief executive officer Nitin Gupta told PTI. He said the company continues to focus on profitable and cash-flow-positive growth, with margins rising year after year.

“For FY26, we are already operating at an annualised run rate of Rs 20 billion. This margin expansion is the result of deep automation across our plants, lower logistics costs and the benefits of operating at scale,” Gupta said. The company had reported revenue of about Rs 10 billion in FY25.

Attero currently operates a recycling facility in Roorkee with a capacity of 144,000 tonnes per annum. It is in the process of commissioning additional plants, which are expected to raise the company’s overall processing capacity across e-waste and metals recovery to 244,000 tonnes per annum.

In December, the company announced an investment of around Rs 1.5 billion to expand its national recycling and research and development network through five key facilities. These include new e-waste recycling plants in Pune, Bengaluru and Faridabad, a copper recycling unit in Reengus, Rajasthan, and an expanded R&D Centre of Excellence in Greater Noida.

Gupta said each of the three new e-waste recycling plants will have a capacity of 25,000 tonnes per annum, adding a combined 75,000 tonnes of fresh e-waste processing capability. The copper recycling facility in Reengus will contribute a further 25,000 tonnes, taking total planned capacity additions to 100,000 tonnes per annum.

“As India’s consumption of electronics and batteries increases, the country needs recycling facilities that can handle large volumes while maintaining consistent quality,” Gupta said. He added that the new plants will deploy robotic dismantling lines, automated battery cutters and advanced sorting systems to improve efficiency and reduce the loss of valuable materials.