Attero, India’s leading e-waste recycling and metal extraction startup, is poised to close FY25 with ₹1,000 crore in revenue, marking a 54% year-on-year growth. The company attributes its success to expanding capacity, rising demand for sustainable recycling solutions, and the rapid adoption of its tech platforms, MetalMandi and Selsmart.
Key Growth Drivers
Attero’s MetalMandi platform, which streamlines scrap collection and real-time pricing, is projected to handle 1,000 tonnes of scrap daily by 2025, contributing significantly to revenue growth. Meanwhile, Selsmart, Attero’s direct-to-consumer (D2C) platform, is set to achieve ₹100 crore in annual recurring revenue by collecting 14,000 metric tonnes of e-waste.
Profit Recovery and Expansion Plans
Despite a 30% decline in net profit in FY24 due to heavy investments in capacity expansion, Attero has recovered profitability in FY25, aligning with its FY23 profit margins. The company expects strong profit growth in FY26, as its investments in lithium-ion battery recycling begin to yield returns.
Future Outlook and IPO Plans
Attero has secured 46 global patents and applied for over 200, reinforcing its technological leadership in e-waste recycling. The company is actively preparing for a public listing within the next 12–24 months, aiming to scale operations and meet the growing global demand for battery waste management.
With India’s e-waste generation surging, Attero’s innovative recycling solutions position it as a key player in sustainable waste management, driving environmental impact and economic growth.
