Baheti Recycling’s Q12027 revenue surges 89% to US$30M as aluminium, copper alloy segments drive growth

INDIA – Baheti Recycling Industries has reported an 88.90 percent year-on-year revenue increase to Rs 253.94 crore (US$30.4 million) in Q1 FY27, driven by robust demand for recycled aluminium alloys and the successful commercial launch of its copper alloy ingot segment.

The company’s net revenue rose from Rs 134.43 crore (US$16.1 million) in the corresponding quarter of the previous financial year, with alloy ingots contributing Rs 149.27 crore (US$17.9 million) and the De-Ox segment adding Rs 63.87 crore (US$7.65 million).

The newly launched copper alloy ingot segment contributed Rs 4.72 crore (US$565,000) during its first quarter of commercial sales.

Operational Efficiency and Product Mix Drive Profitability Improvement

The company, headquartered in Ahmedabad, Gujarat, operates a diversified product portfolio encompassing aluminium alloy ingots, de-ox alloys, copper alloy ingots, and aluminium grit, serving industries including automotive, construction, and aerospace. 

The strong revenue growth was supported by improved operational efficiencies and an enhanced product mix across its manufacturing facilities. 

The company’s shares on the National Stock Exchange traded at Rs 103.50 (US$1.24), reflecting a 2.07 percent gain amid the positive earnings report. 

The company’s ability to successfully commercialise its copper alloy ingot segment demonstrates its capacity to diversify into higher-value product categories while leveraging its existing recycling infrastructure and customer relationships.

Expansion Strategy and Capital Allocation

Yash Shah, Managing Director of Baheti Recycling Industries, stated that the company has commenced FY27 on a strong note with robust growth across core business segments, reflecting sustained demand for recycled aluminium products and improved operational efficiencies. 

He added that the company remains focused on expanding manufacturing capabilities, increasing the contribution of value-added products, and capitalising on growing demand for sustainable recycled metals. 

The board has approved plans to raise up to Rs 35 crore (US$4.2 million) via a preferential issue to fund expansion and working capital requirements, with an extraordinary general meeting scheduled for August 21, 2026, to approve the fundraising proposal. 

The company’s performance demonstrates the growing market opportunity for recycled metals in India, where increasing industrial activity and sustainability regulations are driving demand for secondary aluminium and copper products across multiple sectors.

Subscribe to our email newsletters that provide busy executives like you with the latest news insights and trends from Africa and the World. SUBSCRIBE HERE