Effwa Infra & Research logo

Effwa Infra & Research share price

NSE: EFFWAOther Utilities

Effwa Infra & Research Limited · Face value ₹10 · Listed Jul 2024 · Issue price ₹82
Last close ₹338.50up ₹7.50 (2.27%)

Share price at the NSE close on 30 Oct 2026. Previous close ₹331.00.

30 Oct: open ₹338.00, high ₹339.90, low ₹325.00

52-week range of traded prices to 30 Oct 2026
₹165.00Low, 30 Mar 2026₹399.95High, 3 Jul 2026
Market cap
₹784 Cr
P/E
27.38
P/B
6.34
Dividend yield
0.30%
ROE
26.2%
Debt to equity
0.31
Volume, NSE
10,80074.1% delivered

Effwa Infra & Research share price chart

Daily closes since Jul 2024, adjusted for splits and bonuses

+61.2%over a year · Nifty SME EMERGE −7.4% · Nifty 500 −8.2%

ResultsDividend20-session average 14,700 shares a day, 69.1% delivered

Results

Standalone; ₹ crore.Effwa Infra & Research half-yearly results

Revenue growth, 12 months
+36.8%
Net profit growth, 12 months
+42.3%

Half year to Mar 2026, against the half year before

Revenue
₹163 Crup 80.79%
Net profit
₹18 Crup 82.12%
Net margin
11.3%

Revenue by half year

₹61 CrSep 24₹124 CrMar 25₹90 CrSep 25₹163 CrMar 26
Peak revenue ₹163 Cr, half year to Mar 2026; lowest ₹61 Cr, half year to Sep 2024

Net profit by half year, a loss in red

₹4.76 CrSep 24₹15 CrMar 25₹10 CrSep 25₹18 CrMar 26
₹ croreSep 2024Mar 2025Sep 2025Mar 2026
Revenue6112490163
Net profit5151018
Net margin7.8%12.4%11.2%11.3%
Standalone. The 4 half years from Sep 2024, the first on record. The latest is shaded.

Business segments

In the year to Mar 2026 the company reports one business segment, Effluent treatment plan, which carries all its revenue.

Valuation

Today, against the company's own history.Effwa Infra & Research PE ratio and valuation

Price to earnings

At or below today's level on 66% of 247 trading days over the last year.

LowestHighest
Its median22.61Industry median14.44
Price to book

At or below today's level on 68% of 247 trading days over the last year.

LowestHighest
Its median5.48Industry median1.77
Dividend yield

At or below today's level on 99% of 554 trading days since Aug 2024.

LowestHighest
Its median0.00%Industry median0.47%

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year+0.9%+42.3%−29.5%0.6%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth over 1 year is on profit divided by shares in issue at both ends: the earnings per share stated for one end does not match that year's profit and share count.

Shareholding

Per cent of the company's shares, from the filing for Sep 2026.Effwa Infra & Research shareholding pattern

Shareholding by group

  • Promoters73.03%
  • Foreign institutions0.01%
  • Indian institutions3.23%
  • Individuals and others23.73%
Holder
VARSHA SUBHASH KAMALPromoter37.32%
SUBHASH RAMAVTAR KAMALPromoter35.71%
INDIA EQUITY FUND 1Alternative investment funds2.95%
NANDANA AJAY KASOTIAResident individuals, over ₹2 lakh at face value2.01%
BENGAL FINANCE AND INVESTMENT PVT LTDCompanies1.06%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names.

Promoters have pledged 20.45% of their shares. Since Jun 2026: promoters unchanged, foreign institutions unchanged, Indian institutions −0.28 pts.

The filing reports 46,55,000 of its 2,31,47,167 shares locked in.

Promoter and insider buying and selling

Trades made since 30 Oct 2025.Effwa Infra & Research insider trading

No promoter, director, key manager or employee bought or sold on the market.

  • Promoters and promoter group: no market trade · 2 pledge filings of unclear kind
Bought and sold count trades on the market only. A pledge is shares given to a lender as security for a loan; a lender invokes it by selling them.

Effwa Infra & Research competitors and peers

Waste Management, 16 listed companies, priced on 30 Oct 2026. The table lists the 8 companies closest to Effwa Infra & Research in market cap.Utilities companies

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
Refex Industries logoRefex IndustriesREFEX2,91011.231.81+47.9%+65.1%18.1%23.8%0.47%
EMS logoEMSEMSLIMITED1,56022.891.48−33.9%−63.1%6.7%8.4%0.53%
Eco Recycling logoEco RecyclingECORECO78932.857.13+31.9%–24.2%27.0%0.24%
Antony Waste Handling Cell logoAntony Waste Handling CellAWHCL78513.441.06+11.8%−31.8%8.4%7.4%0.18%
Namo eWaste Management logoNamo eWaste ManagementNAMOEWASTE77854.187.54+29.9%+69.6%15.0%–0.00%
Z-Tech (India) logoZ-Tech (India)ZTECH57015.452.54+66.7%+81.6%18.7%–0.00%
Concord Enviro Systems logoConcord Enviro SystemsCEWATER465–0.81−9.0%––−0.4%0.00%
VVIP Infratech logoVVIP InfratechVVIPIL39012.971.70−6.5%−54.9%14.1%–0.00%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Dividends

Per share, by the year it was paid for, and the latest payments.Effwa Infra & Research dividend history

Dividend per share, ₹, restated for later splits and bonuses

Mar 251Mar 26
Highest ₹1.00 a share, year to Mar 2026.
Ex-dateTypePer share
22 Sep 2026Final₹1.00
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Effwa Infra & Research announcements

Effwa Infra & Research share price by year

Each calendar year to 2025.Effwa Infra & Research share price history

YearClose at year endChangeHighest closeLowest close
2025228.30−8.7%255.00152.00
2024250.10–389.15163.55
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2024 is from its first session, 12 Jul 2024.

Recent sessions

The 9 trading days to 29 Oct 2026, as traded on NSE; the latest is at the top of the page.

DateOpenHighLowCloseAverage priceVolumeDelivery
29 Oct 2026331.00338.00331.00331.00334.266,00060.0%
28 Oct 2026330.00335.00328.00331.00331.169,60087.5%
27 Oct 2026335.00335.00329.00332.00332.168,40090.5%
26 Oct 2026320.00331.15313.10329.00326.134,80066.7%
23 Oct 2026324.20324.85321.00323.85323.344,40063.6%
22 Oct 2026343.00343.00325.00328.85330.3512,80046.9%
21 Oct 2026359.00365.00332.95339.00350.2014,40077.8%
19 Oct 2026354.25360.00350.00356.00354.733,600100.0%
16 Oct 2026355.50359.00353.65354.25357.094,40063.6%
Prices in ₹ per share as traded, not adjusted.

Company details

NSE symbol
EFFWA
ISIN
INE0U9101019
Industry
Other Utilities