NRL

Nupur Recyclers Limited

Listed company · ISIN INE0JM501013 · NSE BE · FV ₹10
Last price
₹137
+2.35%today
What this company does

Nupur Recyclers Limited is a listed company. It booked ₹79 cr of revenue in its latest quarter (Q1 FY27) and kept 8.2% of sales as profit.

In the report:
59out of 100
Equitytale Health Score
Mixed

Healthier than 59% of listed companies we score, on all six measures of filed financials. Each measure is ranked against the 1,201–2,858 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
overbought
RSI (14)
70

At close. Not part of the score.

Profitability & returns72

How much profit it earns on the money it employs

Balance sheet65

How much it owes, and whether earnings cover the interest

Cash quality46

Whether reported profit actually arrives as cash

Growth & consistency53

Whether sales and profit have grown, and how steadily

Valuation23

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Is this company doing well?
not investment advice
Looks broadly healthy
Strengths
Makes a profit
Sales up 56% vs last year
Profit up 83% vs last year
Promoters hold 74%
No promoter shares pledged
Strong 19% return on equity
Turns profit into real cash
Watch-outs
None flagged from our data

What if I invest in NRL?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 10% a year, it would become
₹20.15 lakh

The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹137 +2.35%
latest close · 2026-09-17
52-wk low ₹47171 sessions so far52-wk high ₹211
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio36.5High
LowAverageHigh
P/B ratio7.06High
Below bookModerateHigh
EV / EBITDA18.9High
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity19.3%Strong
WeakFairStrong ▸15%
Return on capital25.2%Strong
WeakFairStrong
Net margin8.2%Decent
ThinDecentStrong
EBITDA margin16.2%Decent
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.23Comfortable
LowModerateHigh ▸1
Interest cover9.3×Strong
RiskyOkayStrong ▸5×
Current ratio5.28Ample
Tight ◂1HealthyAmple
More figures
Market cap
₹947 cr
Book value
₹19
EPS
₹0.94
latest quarter
Net debt
₹27 cr
owes more than its cash
Enterprise value
₹974 cr
EBITDA
₹51 cr
annualised
EBIT
₹44 cr
annualised
Operating margin
13.8%
Return on assets
13.1%
Earnings yield
2.74%
P/S
2.98
Sales / share
₹46.0
Tax rate
24.4%
Face value
₹10
Shares
6.9 cr
Working capital
₹104 cr
Current assets
₹129 cr
Current liabilities
₹24 cr
Delivery %
66.4%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2025 report & filings
not investment advice
Hard to value confidentlyLow confidence
The market price is far above what these earnings- and book-based models support — a fast-growing or asset-light business can trade well above them for years, so we won't put a confident number on how overpriced it is.
Models span ₹12₹14, midpoint ₹13

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹79 cr
Other Income₹4 cr
Total Income₹83 cr
Cost of Materials₹50 cr
Purchases of Stock-in-Trade₹15 cr
Inventory Change (±)₹-1 cr
Employee Benefit Expense₹3 cr
Finance Costs₹1 cr
Depreciation & Amortisation₹2 cr
Other Expenses₹3 cr
Total Expenses₹73 cr
Profit before Tax₹10 cr
Tax Expense₹2 cr
Net Profit₹7 cr
Net margin on total income8.9%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹63 cr76.2%
Employee benefit expense₹3 cr4.1%
Finance costs₹1 cr1.4%
Depreciation & amortisation₹2 cr2.3%
Other expenses₹3 cr4.2%
Tax expense₹2 cr2.9%
Profit for the period₹7 cr8.9%
Total income ₹83 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue59 cr57 cr79 cr
Total income61 cr60 cr83 cr
Expenses55 cr56 cr73 cr
Profit before tax7 cr4 cr10 cr
Tax2 cr93.1 L2 cr
Net profit (owners' share)5 cr3 cr6 cr
Net margin (owners' share, on revenue)8.1%4.8%8.2%
EPS (₹)0.580.400.94
YoY (latest quarter): total income +56.6% · net profit +83.0%
Balance sheet & cash flow · as of Mar 2026
Low debt
Total assets
₹198 cr
Shareholder equity
₹134 cr
parent shareholders
Total debt
₹33 cr
Cash
₹7 cr
Cash flow · H1 FY26
Operating
₹18 cr
Investing
₹-5 cr
Financing
₹-16 cr
Corporate actions
ActionDetailEx-date
Bonus issue2:120 Mar 2024
Who owns it · 2026-06-30
No pledge
Promoter
73.6%
FII / Foreign
0.4%
DII / Domestic
Retail / others
26.0%
Promoter stake up 1.1% over the last 12 quarters.
Smart-money activity
Insider trades
BoughtUNINAV DEVELOPERS PRIVATE LIMITED · Promoter Group1.00 L · ₹47.3 L30 Mar 26
BoughtUNINAV DEVELOPERS PRIVATE LIMITED · Promoter Group75,000 · ₹38.7 L16 Mar 26
BoughtNupur Gupta · Director50,000 · ₹35.0 L25 Aug 25
Bulk / block deals
BoughtSW CAPITAL PRIVATE LIMITED · NSE6.56 L @ ₹81.4227 May 25
SoldSW CAPITAL PRIVATE LIMITED · NSE6.56 L @ ₹79.8727 May 25
SoldVIVEK MEHROTRA · NSE3.74 L @ ₹55.323 Mar 25
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 29 Sep 2025
See the official result
1
To receive, consider and adopt the Audited Financial Statements (Standalone & Consolidated) and the reports of the Board of Directors and auditors thereon for the financial year ended March 31, 2025:
Backed by 100% of shareholders other than promotersneeded 50%
1.22 L votes for, 365 against
2
To appoint a Director in place of Mr. Devender Kumar Poter (DIN: 08679602) who retires by rotation and, being eligible, offers himself for re- appointment
Backed by 100% of shareholders other than promotersneeded 50%
1.22 L votes for, 365 against
3
To ratify the remuneration payable to the Cost Auditor appointed by the Board of Directors of the Company for the financial year 2025-26 pursuant to Section 148 and all other applicable provisions of the Companies Act, 2013
Backed by 100% of shareholders other than promotersneeded 50%
1.22 L votes for, 365 against
4
To appoint Secretarial Auditor
Backed by 100% of shareholders other than promotersneeded 50%
1.22 L votes for, 365 against

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 36 named members
owning 73.6% between them · as of 2026-06-30
RAJESH GUPTA36.43%
ANOOP GARG35.91%
NUPUR GUPTA0.53%
UNINAV DEVELOPERS PVT LTD0.51%
SHIKHA GUPTA0.20%
BR HANDS INVESTMENTS PRIVATE LIMITED0.03%
ARUSHI GARG0.01%
ANOOP GARG HUFno shares

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

Money it raised, and what it did with it

When a company raises money from investors, it has to say up front what the money is for. The rules then make it report, every three months until the money is gone, how much of each of those things it has actually paid for — so a promise made while asking for the money can be checked afterwards.

₹74 cr raised in Sep 2024 by preferential issue of warrents

As of Dec 2025, the company says it has spent 29% of what it set aside, leaving ₹52 cr still to be spent.

Working Capital Requirement
31%
₹6 cr of ₹21 cr
To Infuse fund in the Subsidiaries Company namely Frank Metals Recyclers Private Limited and Nupur Extrusion Private Limited
67%
₹13 cr of ₹20 cr
To meet the Capital expenditure
3%
₹45 L of ₹15 cr
Other General Corporate Purpose
6%
₹1 cr of ₹18 cr
Spent by quarter: 25%25%29%29% (to Dec 2025)

Every figure above is taken from the statement the company files with the stock exchange each quarter, for as long as money it has raised remains unspent. The only thing we work out is how much of each stated purpose has been paid for — one number divided by another from the same filing. Whether a plan that changed was a good change is not something a filing can tell you. See the filing

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.