---
title: "Nupur Recyclers Ltd (NRL) — Share Price, Financials & Analysis"
symbol: "NRL"
company: "Nupur Recyclers Ltd"
canonical: "https://tapetide.com/stocks/NRL"
isin: "INE0JM501013"
nse_symbol: "NRL"
sector: "Metals & Mining"
industry: "Trading Metals"
market_cap_cr: 912.06
generated_at: "2026-09-13T19:57:56.297Z"
---

# Nupur Recyclers Ltd (NRL)

Canonical page: https://tapetide.com/stocks/NRL

## Company

- **NSE Symbol:** NRL
- **ISIN:** INE0JM501013
- **Sector:** Metals & Mining
- **Industry:** Trading Metals
- **Macro Sector:** Commodities
- **Stock Type:** EQUITY
- **Listed Since:** 2023-01-12
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** nupurrecyclers.com

## About

Incorporated in 2019, Nupur Recyclers Ltd 
 is in the business of import and processing 
 /trading of ferrous and nonferrous metals[1]

## Latest Price

- **Price:** ₹133.06
- **Change:** -1.78 (-1.32%)
- **Open:** ₹134.84
- **Day High:** ₹138
- **Day Low:** ₹132
- **Previous Close:** ₹134.84
- **Volume:** 39928
- **As Of:** 2026-09-11T09:59:02+00:00

## Key Fundamentals

Observed at 2026-09-11T04:51:52.128363Z.

- **Market Cap:** ₹912.06 Cr
- **Classification:** Microcap
- **P/E (reported):** 47
- **P/E (TTM):** 53.65
- **EPS (TTM):** ₹2.48
- **Book Value:** ₹19.42
- **Price to Book:** 6.94
- **Dividend Yield:** 0%
- **ROE:** 12.93%
- **ROCE:** 17.68%
- **Debt to Equity:** 0.25
- **Revenue (yearly):** ₹215.94 Cr
- **Net Income:** ₹15.28 Cr
- **EBITDA:** ₹17.08 Cr
- **52-Week High:** ₹137.79
- **52-Week Low:** ₹45.1
- **RSI (14):** 73.51

## Tapetide Score

- **Score:** 50 / 100
- **Score date:** 2026-09-04
- **Archetype:** Trend Ahead of Fundamentals
- **What it means:** The price trend is running ahead of what the financials currently support. Moves like this depend on the fundamentals catching up; check what would have to be true for that.
- **Pillar profile:** Quality: Weak · Valuation: Expensive · Momentum: Rising
- **Percentile:** 47.7 (of 4473 scored stocks)
- **Confidence:** 98%
- **Data coverage:** 95%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 66.64 | 9% |
| growth | 95.84 | 9% |
| momentum | 98.9 | 12% |
| ownership | 71.19 | 24% |
| quality | 42.13 | 22% |
| valuation | 23.04 | 24% |

The Tapetide Score is decision-support only, not investment advice.

## Key Insights

### Strengths

- Company is expected to give good quarter

### Weaknesses

- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 11.7% over last 3 years.
- Earnings include an other income of Rs.12.3 Cr.
- Debtor days have increased from 30.9 to 38.4 days.

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | -68.65% | -8.86% | -752.51% |
| ebitda margin growth | 89.71% | -49.43% | 41.2% | — |
| net income growth | 124.24% | -6.26% | 5% | — |
| revenue growth | 37.19% | 28.77% | 5% | — |
| roce | 109.16% | 37.59% | -24.32% | — |
| roe | 120.6% | 37.7% | 13.59% | — |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 75.18 | 74.57 | 43.71 | 35.61 | 51.18 | 34.31 | 37.22 | 50.99 | 48.76 | 58.88 | 57.32 | 79.34 |
| Expenses | 72.88 | 72.78 | 42.77 | 30.8 | 45.28 | 31.39 | 35.22 | 46.96 | 45.34 | 52.92 | 53.64 | 70.18 |
| Operating Profit | 2.3 | 1.79 | 0.94 | 4.81 | 5.9 | 2.92 | 2 | 4.03 | 3.42 | 5.96 | 3.68 | 9.16 |
| OPM % | 3.06 | 2.4 | 2.15 | 13.51 | 11.53 | 8.51 | 5.37 | 7.9 | 7.01 | 10.12 | 6.42 | 11.55 |
| Other Income | 1.57 | 1.42 | 1.63 | 2.37 | 2.31 | 2.79 | 1.91 | 2.05 | 2.92 | 2.55 | 3.15 | 3.69 |
| Interest | 0.05 | 0.18 | 0.13 | 0.4 | 0.46 | 0.64 | 0.37 | 0.29 | 0.3 | 0.94 | 0.96 | 1.18 |
| Depreciation | 0.06 | 0.03 | 0.09 | 0.29 | 0.41 | 0.41 | 0.51 | 0.39 | 0.59 | 1.09 | 1.59 | 1.9 |
| Profit before tax | 3.76 | 3 | 2.35 | 6.49 | 7.34 | 4.66 | 3.03 | 5.4 | 5.45 | 6.48 | 4.28 | 9.77 |
| Tax % | 17.82 | 70.33 | 26.38 | 21.88 | 26.02 | 25.54 | 24.09 | 25 | 20.37 | 26.54 | 21.73 | 24.46 |
| Net Profit | 3.09 | 0.89 | 1.73 | 5.06 | 5.44 | 3.47 | 2.31 | 4.05 | 4.33 | 4.76 | 3.34 | 7.39 |
| EPS in Rs | 0.35 | 0.13 | 0.24 | 0.65 | 0.69 | 0.46 | 0.3 | 0.52 | 0.56 | 0.58 | 0.4 | 0.94 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
| --- | --- | --- | --- | --- | --- |
| Sales | 187 | 240 | 158 | 216 | 244 |
| Expenses | 174 | 233 | 143 | 199 | 222 |
| Operating Profit | 13 | 7 | 16 | 17 | 22 |
| OPM % | 7 | 3 | 10 | 8 | 9 |
| Other Income | 7 | 6 | 9 | 11 | 12 |
| Interest | 0 | 0 | 2 | 2 | 3 |
| Depreciation | 0 | 0 | 2 | 4 | 5 |
| Profit before tax | 19 | 13 | 22 | 22 | 26 |
| Tax % | 21 | 31 | 24 | 24 | — |
| Net Profit | 15 | 9 | 16 | 16 | 20 |
| EPS in Rs | 1.78 | 1.05 | 2.11 | 2.06 | 2.48 |
| Dividend Payout % | 0 | 0 | 0 | 0 | — |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- |
| Equity Capital | 46 | 69 | 69 | 69 |
| Reserves | 27 | 17 | 49 | 65 |
| Borrowings | 0 | 13 | 13 | 33 |
| Other Liabilities | 16 | 16 | 14 | 30 |
| Total Liabilities | 90 | 115 | 144 | 198 |
| Fixed Assets | 0 | 12 | 16 | 44 |
| CWIP | 0 | 3 | 3 | 6 |
| Investments | 7 | 13 | 11 | 0 |
| Other Assets | 83 | 86 | 114 | 148 |
| Total Assets | 90 | 115 | 144 | 198 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- |
| Cash from Operating Activity | -17 | -11 | -19 | 18 |
| Cash from Investing Activity | -3 | 11 | -1 | -16 |
| Cash from Financing Activity | -2 | -1 | 16 | 0 |
| Net Cash Flow | -22 | -1 | -3 | 3 |
| Free Cash Flow | -17 | -12 | -23 | 12 |
| CFO/OP | -78 | -123 | -84 | 139 |

### Ratios

| Item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- |
| Debtor Days | 63 | 18 | 36 | 38 |
| Inventory Days | 47 | 49 | 352 | 95 |
| Days Payable | 16 | 2 | 0 | 7 |
| Cash Conversion Cycle | 94 | 65 | 388 | 126 |
| Working Capital Days | 123 | 78 | 200 | 164 |
| ROCE % | — | 14 | 19 | 15 |

## Shareholding Pattern

### Quarterly

| Category | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 72.53% | 72.53% | 72.53% | 72.53% | 72.53% | 72.53% | 72.54% | 72.88% | 73.02% | 73.02% | 73.13% | 73.61% |
| FIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0.06% | 0% | 0.41% |
| DIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 18.99% | 18.56% | 17.07% | 15.91% | 16.46% | 16.65% | 16.18% | 15.85% | 15.74% | 15.58% | 14.9% | 15.42% |
| Others | 8.48% | 8.91% | 10.4% | 11.56% | 11.01% | 10.82% | 11.29% | 11.27% | 11.24% | 11.35% | 11.98% | 10.57% |
| No. of Shareholders | 4240 | 4995 | 7342 | 10476 | 18716 | 21946 | 22202 | 21774 | 21134 | 20416 | 19604 | 19074 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Buy
- **Buy / Neutral / Sell:** 13 / 6 / 0

### Moving Averages — summary: **Strong Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 127.66 | Buy |
| EMA (10) | 128.76 | Buy |
| SMA (20) | 123.48 | Buy |
| EMA (20) | 124.43 | Buy |
| SMA (50) | 114.02 | Buy |
| EMA (50) | 112.61 | Buy |
| SMA (100) | 90.21 | Buy |
| EMA (100) | 97.46 | Buy |
| SMA (200) | 72.22 | Buy |
| EMA (200) | 83.75 | Buy |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 69.39 | Neutral |
| MACD (12,26,9) | 5.78 | Buy |
| Stochastic (14,3,3) | 71.6 | Neutral |
| ADX (14) | 49.86 | Buy |
| Williams %R (14) | -27.52 | Neutral |
| ATR (14) | 3.97 | Neutral |
| ROC (12) | 7.7 | Buy |
| Stoch RSI (14) | 53.79 | Neutral |
| UO (7,14,28) | 60.71 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-06 | [Copy of Newspaper Publication](https://nsearchives.nseindia.com/corporate/NUPURRECYCLERS_06092026210625_Newspaper_publication_for_dispatach.pdf) |
| 2026-09-05 | [Shareholders meeting](https://nsearchives.nseindia.com/corporate/NUPURRECYCLERS_05092026145350_ANNUAL_REPORT_205-2026_FOR_NSE.pdf) |
| 2026-09-04 | [Copy of Newspaper Publication](https://nsearchives.nseindia.com/corporate/NUPURRECYCLERS_04092026153053_Newspaper_Publication_AGM.pdf) |
| 2026-09-03 | [Appointment](https://nsearchives.nseindia.com/corporate/NUPURRECYCLERS_03092026175435_outcome_of_the_board_meeting.pdf) |
| 2026-08-19 | [Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/NUPURRECYCLERS_19082026190133_June_2026_merged__1_.pdf) |
| 2026-08-13 | [Copy of Newspaper Publication](https://nsearchives.nseindia.com/corporate/NUPURRECYCLERS_13082026143902_Intimation_of_Publication__1_.pdf) |
| 2026-08-12 | [Press Release](https://nsearchives.nseindia.com/corporate/NUPURRECYCLERS_12082026175140_PRESS_RELEASE_final.pdf) |
| 2026-07-13 | [Certificate under SEBI (Depositories and Participants) Regulations, 2018](https://nsearchives.nseindia.com/corporate/NUPURRECYCLERS_13072026173922_Depository_Compliance_reg_74.pdf) |
| 2026-07-13 | [Shareholders meeting](https://nsearchives.nseindia.com/corporate/NUPURRECYCLERS_13072026190328_Scrutinizer_Report_NRL.pdf) |
| 2026-07-10 | [Shareholders meeting](https://nsearchives.nseindia.com/corporate/NUPURRECYCLERS_10072026175307_Proceeding.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-09-03 | [Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/NUPURRECYCLERS_03092026182325_outcome_of_the_board_meeting.pdf) |
| 2026-09-03 | [Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/NUPURRECYCLERS_03092026182743_outcome_of_the_board_meeting.pdf) |
| 2026-08-12 | [Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/NUPURRECYCLERS_12082026172046_OUTCOME.pdf) |
| 2026-07-06 | [Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/NUPURRECYCLERS_06072026184127_Outcome_of_the_Board_Meeting_-_Appointment_of_Nimisha_Jain_as_ID.pdf) |
| 2026-05-21 | [Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/NUPURRECYCLERS_21052026184731_Outcome_of_BM_1_2026-27__1__signed.pdf) |
| 2026-02-12 | [Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/NUPURRECYCLERS_12022026195052_Board_Meeting_Outcome_Dec_2025.pdf) |
| 2026-02-12 | [Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/NUPURRECYCLERS_12022026195229_Board_Meeting_Outcome_Dec_2025.pdf) |
| 2025-11-14 | [Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/NUPURRECYCLERS_14112025190620_Outcome_of_the_9th_Board_Meeting.pdf) |
| 2025-11-14 | [Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/NUPURRECYCLERS_14112025185044_Outcome_of_the_9th_Board_Meeting.pdf) |

### Earnings Call Transcripts

| Date | Document |
| --- | --- |
| 2026-08-29 | [Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/NUPURRECYCLERS_29082026144149_conference_call_Signed.pdf) |

### Earnings Call Recordings

| Date | Document |
| --- | --- |
| 2026-08-24 | [Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/NUPURRECYCLERS_24082026205846_Covering_letter.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Annual Report 2025 from nse](https://archives.nseindia.com/annual_reports/AR_28793_NRL_2024_2025_A_3227216_06092025175011.pdf) |
| from nse | [Annual Report 2024 from nse](https://archives.nseindia.com/annual_reports/AR_26112_NRL_2023_2024_06092024235931.pdf) |
| from nse | [Annual Report 2023 from nse](https://archives.nseindia.com/annual_reports/AR_23147_NRL_2022_2023_31082023174021_08312023180013.zip) |
| from nse | [Annual Report 2022 from nse](https://archives.nseindia.com/annual_reports/SME_AR_21404_NRL_2021_2022_05092022190716_09052022200017.zip) |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T19:57:56.297Z.