Runaya Green Tech Secures CRISIL A Rating on Strong Growth

20 Jan 2026 CW Team

Runaya Green Tech has recently received a ‘CRISIL A/Stable’ long-term rating and ‘CRISIL A1’ short-term rating from CRISIL Ratings, reflecting strong revenue visibility, rapid scale-up and a healthy financial risk profile.

CRISIL highlighted the company’s accelerated growth trajectory, with revenues rising nearly fourfold to Rs 2.7 billion in FY25. Revenue is expected to double in FY26, supported by the commissioning of new capacities and higher production of recycled critical minerals including cadmium, cobalt, nickel, copper and antimony.

The rating agency noted that Runaya’s performance is underpinned by its technology-led, sustainability-focused ‘waste-to-wealth’ business model, proprietary recovery processes and global technology partnerships. The company’s operations are fully powered by renewable energy, reinforcing its focus on responsible manufacturing.

According to CRISIL, long-term supply and purchase agreements with anchor customers provide strong revenue visibility, while low leverage, robust cash accruals and interest coverage of over five times in FY25 support a sound financial profile.

Runaya’s recycled critical minerals are increasingly important for India’s electric vehicle, battery and advanced manufacturing ecosystem. By strengthening domestic availability of these materials, the company is supporting reduced import dependence and aligning with India’s energy transition and circular economy goals.

Infrastructure Urban

30 May 2026

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..