Best Waste Management and Recycling Stocks for October 2026 Based on 5-Year CAGR: Va Tech Wabag and Others

For October 2026, the waste management and recycling sector features prominent stocks such as Ion Exchange (India) Limited, Eco Recycling Limited, and VA Tech Wabag Limited. These companies have demonstrated varied financial metrics and growth rates over the past 5 years.
Top Waste Management and Recycling Stocks for October 2026
| S.No | Name | Market Cap (in ₹ crore) | PE Ratio | PB Ratio | Return on Equity | ROCE | 1 Year Return (%) | 5 Year CAGR (%) |
| 1 | Ion Exchange (India) Limited | 5198.73 | 36.44 | 3.88 | 11.19 | 12.65 | 4.42 | 188.66 |
| 2 | Eco Recycling Limited | 948.05 | 41.02 | 8.46 | 22.92 | 26.74 | -30.39 | 41.94 |
| 3 | VA TECH WABAG Limited | 12341.18 | 33.31 | 4.8 | 15.7 | 17.88 | 39.42 | 41.93 |
Note: The above Data is as of September 28, 2026.
Ion Exchange (India) Limited
Ion Exchange (India) Limited, operating in the environmental services sub-sector, has a market cap of ₹5,198.73 crore. The company's stock closed at ₹422.9 with a PE ratio of 36.44. With a 1-year return of 4.42%, Ion Exchange boasts a 5-year CAGR of 188.66%, making it a standout performer in the sector. The company has a PB ratio of 3.88, a return on equity of 11.19%, and a return on capital employed (ROCE) of 12.65%. Its dividend yield is 0.34%, and it maintains a debt-to-equity ratio of 0.36.
Eco Recycling Limited
Eco Recycling Limited, also in the environmental services sub-sector, has a market cap of ₹948.05 crore. The stock closed at ₹404.8, with a PE ratio of 41.02. Despite a 1-year return of -30.39%, the company has a 5-year CAGR of 41.94%. Eco Recycling's PB ratio is 8.46, and its return on equity is 22.92%. The ROCE is 26.74%, with a volatility against Nifty of 3.73.
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VA Tech Wabag Limited
VA Tech Wabag Limited, a key player in water management, has a market cap of ₹12,341.18 crore. The stock's closing price is ₹1,977.2, with a PE ratio of 33.31. The company achieved a 1-year return of 39.42% and a 5-year CAGR of 41.93%. VA Tech Wabag's PB ratio is 4.8, while its return on equity and ROCE stand at 15.7% and 17.88%, respectively. The dividend yield is 0.25%, and the debt-to-equity ratio is 0.09.
Conclusion
Ion Exchange (India) Limited leads with a 5-year CAGR of 188.66%, while Eco Recycling Limited and VA Tech Wabag Limited show CAGRs of 41.94% and 41.93%, respectively. These companies exhibit diverse financial metrics and growth trajectories.
Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
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Published on: Sep 29, 2026, 12:51 PM IST

Team Angel One
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