### **Overview** **Ecoboard Industries Ltd.**, operating under the unified brand **EcoYou**, is a pioneering Indian company in the sustainable materials and bio-energy sector. Established on **November 20, 1991**, the company has over **33 years** of experience in transforming agricultural waste into scalable, environmentally responsible solutions. Headquartered in **Pune, Maharashtra**, its primary manufacturing facility is located in **Velapur, Solapur district**, on a 90-acre site with a production capacity of **36 lakh m² (3.6 million sq. m) annually**. The company operates through **three integrated divisions** under the EcoYou brand: 1. **EcoBuild** – Sustainable building materials 2. **EcoEnergy** – Bio-energy and waste-to-energy solutions 3. **EcoLife** – Products for hospitality, healthcare, and commercial interiors Ecoboard Industries is a leader in **carbon capture and storage (CCS)-positive manufacturing**, having contributed to the **removal of approximately 40 million tonnes of CO₂** from the atmosphere since inception—primarily by replacing high-emission materials like cement, steel, wood, and gypsum. --- ### **Core Business Segments** #### **1. EcoBuild Division** - **Products**: Engineered **Ecoboard® panels** made from agro-residues (e.g., bagasse, rice husk, cotton stalk, corn, bajra). - **Key Offerings**: - **EcoRak™ 3.0**, **EcoDek® 2.0**, **EcoFreeze**, **Zero Formaldehyde panels**, **EcoMarble**, **HDUMR®**, **EcoPallets**, **EcoHeatlogs**, **EcoKindlings** - Modular green construction systems: walls, ceilings, doors, structural flooring, cold rooms, and architectural carvings - Brands: Marketed under **Ecoboard**, **Förster®**, and **EcoYou** - **Technology & Innovation**: - New **8x4 ft production line** commissioned in 2025, expanding capacity - Proprietary resin formulation enhances durability, fire-retardancy, moisture resistance, and load-bearing strength - All products are **100% wood-free**, termite-proof, and low-carbon - **Environmental Impact**: - Prevents agricultural waste burning, reduces deforestation - Each product acts as a **carbon sink** by sequestering CO₂ in engineered panels - Enabled the construction of the **world’s largest sustainable building** (1.5 million sq. ft.) and **Asia’s largest warehouse cold storage** (600,000+ sq. ft.) - **Market Recognition**: - Used in **KGF2 film sets**, **Infosys & IKEA Foundation hospitals**, and **multinational warehouse projects** - Awarded **5 prestigious accolades at Logimat 2024** #### **2. EcoEnergy Division** - **Focus**: Turning agricultural and industrial waste into renewable energy and bio-products. - **Technologies**: - **CSTR (Continuous Stirred Tank Reactor)** wet digestors (Sulzer Chemtech, Switzerland) - **Ruckert Naturgas** dry digestors (Germany)—newly introduced in India in 2025 - **IISc Bangalore**-developed bio-CNG purification systems - UASB, CPU, effluent treatment, fermentation, and biogas recovery systems - **Output Products**: - **Bio-CNG / CBG** (biofuel) - **BioManure** (organic fertilizer) - **Biogas** from distillery, sugar, dairy, and pharma waste - **Clients & Recognition**: - Empaneled vendor for **Indian Oil Corporation Limited (IOCL)** - Over **200 digesters** installed; plants operating at **20% above rated capacity** - Key clients: **NDDB (National Dairy Development Board)**, RIL, sugar & ethanol plants - **Market Drivers**: - Rising demand for **sustainable biofuels** driven by India’s **SATAT initiative** and climate goals #### **3. EcoLife Division** - Develops sustainable interior solutions for **hospitals, hotels, offices, and smart homes** - Offers modular, fire-retardant, and design-flexible agro-fiber-based products under EcoYou - Custom solutions with **SE0 (low emission)** and aesthetic versatility --- ### **Sustainability & Innovation** - **Raw Material Sourcing**: - Agro-residues sourced directly from **farmers**, creating **rural income opportunities** - Supports **circular economy**, reduces stubble burning, and promotes inclusive growth - **Manufacturing & Technology**: - Advanced **German and UK machinery** from Dieffenbacher, Homag, VITS, Pagnoni - Process innovations have reduced **power consumption by 25%**, **raw material usage**, and **labor dependency** via automation - Plans to install a **1 MW solar power plant** to cut reliance on coal-based grid power - **Open-Source Model**: - Licenses **agro-panel production technology** globally - Enables decentralized manufacturing of **1 million m³/year** of sustainable panels worldwide - **Environmental Certifications**: - **First in India** to receive **Ecomark certification** from Bureau of Indian Standards - Products are **low-emission, biodegradable, and recyclable** --- ### **Growth & Strategic Developments (2024–2025)** - **Strategic Investments**: - Capital investment in **advanced German machinery** across Life, Build, and Energy divisions - Enhances **energy efficiency**, **production capacity**, and **waste reduction** - **New Product Launches**: - **EcoPallets**, **EcoHeatlogs**, **EcoKindlings** launched with strong export potential to **UK, Europe, and US** - German-made **dry digestors** introduced to boost **CBG output** and efficiency - **Global Expansion**: - Products exported to international markets, leveraging Indian agro-fiber - Strategic focus on **architects, green developers, and eco-conscious consumers** - International recognition and adoption in **entertainment, healthcare, and logistics sectors** - **Distribution & Logistics**: - Established **nodal service centers across India** to maintain inventory and enable faster delivery - Improved customer service and supply chain resilience - **Marketing & Branding**: - Unified brand **EcoYou** launched to consolidate offerings and strengthen market identity - Focus on **“conscious innovation”** and sustainability in B2B and B2C markets --- ### **Financial & Operational Highlights** | **Metric** | **Detail** | |----------|----------| | **Revenue (FY 2022–23)** | ₹40.32 crores | | **Revenue (FY 2021–22)** | ₹35.73 crores | | **Net Position (FY 2023–24)** | No dividend declared due to losses — indicates ongoing restructuring | | **Financial Restructuring** | Completed in 2022 via asset sales and debt repayment | | **CO₂ Removed to Date** | ~40 million tonnes (since inception) | | **Production Capacity** | 36 lakh m²/year at Velapur plant | - Revenue growth reflects recovery post-restructuring, with strong growth expected over **2025–2027** due to expanded capacity and rising global demand for sustainable materials. - Investments in automation and renewable energy (solar) are expected to improve margins and ESG performance. --- ### **Leadership & Expertise** - **Mr. Praveen Kumar Raju Gottumukkala** – Executive Director, EcoBuild Division (2010–present): Led development of EcoRak 3.0, EcoFreeze, EcoDek 2.0; instrumental in machinery upgrades and innovation partnerships with **IIT Bombay (Team Shunya)**. - **Mr. Ramakrishna Raju Gottumukkala** – Senior leader, EcoEnergy Division (>37 years experience): Pioneer of **CSTR technology** in India; instrumental in establishing world’s largest panel unit at Velapur and advancing waste-to-energy solutions. --- ### **Key Competitive Advantages** 1. **Proprietary Technology & Formulations**: In-house resin and process optimization 2. **Vertical Integration**: Control from raw material sourcing to finished product 3. **First-Mover Recognition**: Ecomark certification, global project deployments 4. **Sustainability Leadership**: Verified carbon-negative operations 5. **Open-Source Scalability**: Enables global replication of eco-panels 6. **Diversified Revenue Streams**: Construction, energy, and export markets