1. India Stocks

  2. •

    Industrials

  3. •

    Waste Management
Nupur Recyclers Limited

Nupur Recyclers Limited

NRL.NS
Nupur Recyclers LimitedIN flagNational Stock Exchange of India
97.56
INR
+1.81
- -
6.74BMarket Cap
Nupur Recyclers Limited
NRL.NS
(National Stock Exchange of India)

Recent

price

97.56

P/E

ratio

- -

div

yld

- -

ROIC.AI

2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
0.13
1.91
15.14
28.31
27.21
34.98
23.11
- -
31.29
Revenue per Share
- -
- -
1.46
3.36
1.78
1.05
2.11
- -
2.06
Basic EPS, GAAP
- -
0.07
1.38
2.37
-2.51
-1.77
-3.36
- -
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
- -
0.01
1.47
6.53
10.46
12.08
14.22
- -
10.01
Book Value per Share
- -
0.01
1.47
11.24
11.83
12.92
17.9
- -
19.92
Tangible Book Value per Share
69
69
69
56
69
69
68
- -
69
Basic Weighted Avg Shares
9
131
1,039
1,590
1,868
2,401
1,583
2,159
2,159
Sales/Revenue/Turnover
1.73
1.56
13.38
14.21
6.79
2.93
8.84
6.22
6.22
Operating Margin (%)
- -
- -
- -
- -
1
2
16
36
36
Depreciation Expense
- -
- -
100
189
122
72
145
142
142
Net Income, GAAP
28.66
27.11
25.49
26.53
20.86
31.45
23.73
23.73
24.1
Effective Tax Rate (%)
1.23
0.25
9.63
11.87
6.54
3
9.13
6.58
6.58
Profit Margin (%)
- -
- -
-2
430
661
589
907
1,043
1,043
Working Capital
- -
- -
16
- -
- -
73
54
241
241
LT Debt
- -
1
101
631
812
918
1,259
1,470
1,470
Total Equity
- -
5.62
101.28
39.87
13.68
5.11
8.63
6.39
6.36
Return on Invested Capital (%)
- -
9.44
106.56
68.44
16.3
6.58
12.87
11.86
11.79
Return on Capital (%)
- -
87.23
197.84
80.7
22.52
9.32
16.03
17.08
17.08
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
153
- -
93
LT Borrowings
1
- -
241
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
69
- -
- -
Market Capitalization
4,990
3,902
3,226

Working Capital

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
1,059
- -
1,287
Cash, Cash Equivalents & STI
365
- -
497
Accounts Receivable, Net
177
- -
227
Inventories
416
- -
477
Total Current Liabilities
286
- -
244
Payables & Accruals
- -
- -
- -
ST Debt
153
- -
93
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
124.63%
16.81%
Free Cash Flow
- -
-46.51%
-103.98%
Net Income, GAAP
- -
22.25%
-1.63%
Sales/Revenue/Turnover
- -
20.27%
36.4%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
466
752
746
437
2,401
2025
356
512
343
372
1,583
2026
510
488
589
573
2,159

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.32
0.53
0.13
- -
1.05
2025
0.65
0.69
0.46
0.3
2.11
2026
0.52
0.56
0.58
0.4
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Similar Companies
Organic Recycling Systems Ltd. (ORGANICREC.BO)
Quantafuel ASA (QFUEL.OL)
ELL Environmental Holdings Limited (1395.HK)
China Industrial Waste Management, Inc. (CIWT)
Antony Waste Handling Cell Limited (AWHCL.BO)
BacTech Environmental Corporation (BAC.CN)
Business
Nupur Recyclers Limited engages in the import, processing, trading, manufacturing, and casting of ferrous and non-ferrous metal scrap in India and internationally. The company imports specific non-ferrous scrap grades including shredded zinc scrap, zinc die-cast scrap, Zurik SS scrap, shredded brass, and aluminium zorba; processes recyclables into quality recycled products such as aluminium alloy ingots; and manufactures precision-engineered automotive components through its acquired subsidiary. Incorporated in 2019 and headquartered in North East Delhi, India, Nupur Recyclers operates primarily in the waste management and industrials sector, sourcing from long-term suppliers in Europe, USA, UAE, and Central Europe while serving end customers including OEMs in the automotive industry. In September 2025, the company acquired Tycod Autotech for INR 240 million in an all-cash deal to advance into high-value aluminium alloys and auto components manufacturing, committing an additional INR 100 million for upgrades including High Pressure Die Casting, VMC, and CNC machinery at Tycod's facility in Rudrapur, Pantnagar. It supplies over 100 tonnes of aluminium alloy ingots monthly to the acquired unit, targeting 300 tonnes per month by fiscal 2026-27 to support expanded in-house production for key clients such as Tata Motors; earlier in September 2024, it acquired the remaining 2% stake in subsidiary Nupur Polymers Private Limited; and in 2025, it purchased approximately 4.5 acres of land in Sampla, Haryana, for a new manufacturing unit.