Most clean energy companies talk about the future.
Organic Recycling Systems Limited has been building it since 2008.
While the world was still debating waste-to-energy as a concept, this Navi Mumbai-based CleanTech platform was already converting municipal solid waste into Biogas and organic manure — across Maharashtra, Delhi, West Bengal, Uttar Pradesh, and other states.
Today, ORSL is not just an energy company. It is an integrated decarbonisation platform operating across two verticals that most companies treat as separate businesses entirely — bioenergy and chemicals.
The numbers reflect 18 years of compounding expertise.
₹105 crore in consolidated revenue in FY26. 117% year-on-year growth. 2 patents. 5+ proprietary technologies. A NABL-accredited R&D centre with active research partnerships with IIT Bombay and IIT Kharagpur. Clients including Indian Oil Corporation and Bharat Petroleum. And a Board-approved ₹1,000 crore Build-Own-Operate platform that signals the company’s next phase of scale.
What makes ORSL worth watching is not just the growth. It is the depth.
The company processes municipal solid waste — one of the hardest feedstocks in bioenergy, heterogeneous, variable, and unforgiving of process errors. It has spent 18 years developing proprietary technology specifically for Indian conditions, while also piloting Downdraft Gasification Technology for hard-to-process biomass waste like coconut shells, cashew nut shells, and groundnut shells. Its R&D centre is working on carbon capture, green chemicals, biochar, and microalgae-based treatment systems — simultaneously. And it is eligible for transitioning to the BSE Main Board by October 2026.
This is a company that has been quietly building infrastructure that India is only now realising it needs.
A company worth knowing. A platform worth watching.