Annual reportSep 2026
Annual report · Nupur Recyclers Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on September 29, 2026
Source: Nse
Nupur Recyclers Limited (NRL)
Small CapIndustrials stocks · Small cap · NSE
Nupur Recyclers Limited operates in Recycling, within the Industrials sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers.
Data qualityFresh enough for analysisQuote updated 21 Oct, 04:45 am ISTDetails
Quote21 Oct, 04:45 am IST
Base fundamentals06 Oct 2026 · screener
Latest result16 Aug, 01:15 am IST
Score21 Oct, 04:30 am IST · v4.3-runtime-valuation
Tags03 May 2026
Coverage14/14 · 100%
Valuation2026-07-20 · Rf 6.8% · Industrials P/E 26.2 (n=537)
Technical timing lens
Trend score and candlestick chart
63Bullishfull bull SMA stack · SMA20 +25.2% / mo · RSI overbought · MACD − · near 52W high
Stock trend: 72
Sector RS: 50
Sector 3M: -6.3% vs Nifty 500 -5.6%
Industrials FPI tailwindNot confirmed
Latest mapped FPI equity flow was not positive. View sector evidence
Technical chart
NRLD candles · FIT view+205.3%Latest close ₹166.90 on 2026-10-19
Bar
-1.2%
RSI
71
MACD hist
-0.43
52W pos
98%
2026-10-19O ₹168.85H ₹168.86L ₹166.90C ₹166.90Vol 19,486 sh
Up bar
Down bar
EMA 20
EMA 50
Volume + 20D avg
Result date
RSI(14)
MACD / signal
Market context
Relative performance and chart statistics
Adjusted completed-session prices, rebased to 100
NRLNifty India ManufacturingNifty 500
- NRL
- +51.6%
- Nifty 500
- -5.6%
- Nifty India Manufacturing
- -5.8%
- Vs Nifty 500
- +57.2 pp
Chart stats
19 Oct 2026- From 52W high
- -1.2%
- 52W range position
- 98%
- ATR (14)
- 2.2%
- Volume vs 20D
- 0.23x
- Avg traded value
- ₹1.2 Cr
- 20D price channel
- ₹144.1 - ₹168.9
₹168.9
₹45.1 - ₹168.9
₹3.7
Latest completed session
20-session average
35.9% annualized volatility
Research snapshot
What the evidence says now
Weak fundamentals, management evidence is still limited to a financial-only Trust Lite signal, price trend is neutral, and recent execution is consistent.
Suggested next step
Research, do not rush
The evidence is not strongly aligned. Compare peers and wait for a cleaner setup.
U-Score
Legacy · OVERVALUED24
Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.
Latest result
Excellent100
Revenue +55.6% · PAT +82.5% YoY
Technical
Bullish63
Price trend and sector-relative-strength timing.
Valuation
Legacy model-279.8%
Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.
Trust
Limited evidence73
Financial-only signal; management claim evidence is not sufficient yet.
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Latest result
Quarter ended 30 Jun 2026
Excellent · 100/100Rev +56% YoY · PAT +82% YoY · margin expansion · +38% QoQ · operating leverage
Filed 30 Jun 2026
Open results browser →| Metric | This quarter | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹79.3 Cr | +55.6% | +38.4% |
| EBITDA | ₹9.2 Cr | +127.3% | +148.9% |
| Operating margin | 11.6% | +365 bps | +513 bps |
| PAT | ₹7.4 Cr | +82.5% | +121.3% |
| PAT margin | 9.3% | +137 bps | +348 bps |
NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.
Fundamentals
Valuation
- P/E
- 63.20
- P/B
- 8.09
- EV/EBITDA
- 41.37
- Market Cap
- 1084.00Cr
Profitability
- ROE
- 11.30%
- ROCE
- 15.10%
- ROA
- 10.10%
- Dividend Y
- —
Growth (CAGR)
- Revenue 5Y
- 6.88%
- EPS 5Y
- 7.46%
- Revenue 3Y
- 5.00%
- EPS 3Y
- 5.00%
Balance Sheet
- Debt/Equity
- 0.25
- Interest Coverage
- 7.33×
- Altman Z
- 8.30
- Book Value
- 19.40
Cash Flow
- FCF Yield
- 0.18%
- FCF Positive Y
- 1/5
- OCF
- 18.00 Cr
- EPS TTM
- 2.48
Shareholding
- Promoter Hold
- 73.60%
- Promoter Pledge
- 0.00%
- Momentum 52W
- 92%
Financial History
Updated 19/10/2026
Revenue
₹ CrLatest: 79.3+38.4% vs prev
Net Profit
₹ CrLatest: 7.4+121.3% vs prev
ROE is shown only in the Annual view — quarterly equity data isn't published.
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Daily technical trend read
Mixed signalsSignals are conflicting — long-term uptrend intact. RSI 71. Wait for confirmation.
- Price > SMA20 > SMA50 > SMA200 — full bullish stack.
- SMA20 rising (~20.2% over last month) — short-term momentum positive.
- RSI(14) at 71 — overbought zone; risk of mean reversion.
- MACD below signal but histogram contracting — bearish momentum easing.
- Within 3% of 52-week high — testing resistance.
Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.
Valuation & peers
U-Score 24 · legacy U-Score band OVERVALUED · valuation evidence and comparable companies
Valuation & peers
U-Score 24 · legacy U-Score band OVERVALUED · valuation evidence and comparable companies
OVERVALUED
Fundamental score breakdown
U band · OVERVALUEDValuation0/30
Growth6/25
Quality4/20
Balance Sheet9/15
Cash Flow1/10
Piotroski
8/9 (+5)
Penalties
-1
Raw sum
24
Why this score?
Top U-Score contributors and drags from the latest stored fundamentals.
24/100 · legacy band OVERVALUED
Positive drivers
- Piotroski is strong at 8/9.
- Balance sheet contributes 9/15 to the score.
- Growth contributes 6/25 to the score.
Main drags
- Penalty bucket subtracts 1 points.
- Fair-value margin of safety is negative at -279.8%.
- Valuation is weaker at 0/30; verify the latest quarterly trend.
Sector valuation model
Blended valuation: PE, EV/EBITDA, FCF yield, and balance-sheet checks
For this sector, IndiaPulse uses a blended lens rather than relying on a single valuation ratio.
Primary lens
PE, EV/EBITDA, margin of safety, and FCF yield together.
Secondary checks
ROE/ROCE, growth, cash conversion, leverage, promoter risk.
Main risk check
One cheap metric is not enough if quality or cash flow is weak.
PE
63.2
PB
8.1
EV/EBITDA
41.4
ROE
11.3%
ROCE
15.1%
FCF Yield
0.2%
Debt/Equity
0.3
MoS
-279.8%
Score movement
Stored run vs live recompute
This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.
Stored run: 21 Oct 2026
v4.3-runtime-valuation
Final score
24
Previous: 24
Legacy U-Score band
OVERVALUED
Previous: OVERVALUED
Margin of safety
-279.8%
Previous: -279.8%
Score history
12 stored score snapshots. Latest stored move: +0 points.
21 Oct 2026
v4.3-runtime-valuation
24
24
24
24
24
24
24
24
24
24
24
24
Factor attribution
No pillar movement versus the latest stored run. Historical score trend will appear after snapshot storage is enabled.
Modelled fair value
Graham Number
₹32.9
-407.3% MoS
Growth-justified P/E
17.7
Growth-justified Value
₹43.95
-279.8% MoS
PEG
9.75
Comparable companies
Peers
Business-comparable peers in Industrials — ranked by industry, sub-sector, theme-tag overlap, market cap, and U-Score similarity. Green cells mark the best available peer metric in this table.
Ticker
Name
Why peer
Score
PE
ROE
MoS
Verdict
SUNLITE
SME
Sunlite Recycling Industries Ltd.
Metals Recycling
match 80
57
22.1
25.4%
+40%
FAIR VALUE
BAHETI
SME
Baheti Recycling Industries Ltd.
Metals Recycling
match 79
53
28.4
35.4%
+28%
FAIR VALUE
GRAVITA
Large
Gravita India Limited
Metals Recycling
match 50
50
28.0
15.5%
+22%
FAIR VALUE
NIKITA
SME
NIKITA GREENTECH RECYCLING Ltd.
Recycling
match 32
40
14.8
7.8%
+63%
WATCHLIST
DIVYADHAN
SME
Divyadhan Recycling Industries Ltd.
Recycling
match 31
37
32.9
4.7%
+21%
WATCHLIST
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business and thesis
Issuer presentation review pending
Nupur Recyclers Limited operates in Recycling, within the Industrials sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers. The structured result feed currently covers the quarter ended 30 Jun 2026. Investor presentations and earnings-call PDFs will be added as issuer-backed evidence before management claims appear here.
Trust Score
73Limited evidence · low confidenceTrust Lite
Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.
Limited evidence: Claim history is still being built. It ranks around the 72nd percentile of the scored universe and 70th percentile within Industrials. Main check: cash conversion is weak at 53/100.
This is a financial-behaviour screen, not a claim-tested management reliability verdict.
Computed 05 Sept 2026
management-trust-v1
0 docs text-extracted · 0 concalls text-extracted
Score band
Limited evidence
Financial behaviour is scored, but management claims do not yet have enough outcome checks.
Relative rank
72nd percentile
overall median 67 · Industrials: 70th pctile, median 68 · Small: 75th pctile, median 66
Evidence depth
Financial-only
0 documents have extracted text, but claim history is not strong enough yet.
Claim delivery
Outcome history still building
0 claims extracted · No contradicted claim yet
How to read this Trust Score
Limited evidence · low confidenceWhat it measures
Reliability of management and financial delivery, using financial behaviour only.
Confidence
Treat this as an early read until more concalls and outcomes are matched.
Investor use
Acceptable, but check the weakest sub-score before increasing exposure.
Read Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.
Forensic breakdown
Read low sub-scores as due-diligence warnings, not automatic sell signals.
Promoter
86
strong · holding, pledge, alignment
Cash flow
53
watch · profit to cash conversion
Balance sheet
89
strong · leverage and solvency
Discipline
60
acceptable · capital discipline
Results
87
strong · quarterly consistency
Trust positives
- ▸Promoter holding is 73.6%.
- ▸Promoter pledge is zero.
- ▸FCF yield is positive at 0.2%.
- ▸3/4 latest quarters had positive YoY revenue growth.
Trust risks
- ▸Only 1 years of positive FCF.
Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.
Continue researching Nupur Recyclers Limited
Important announcements & filings
Latest exchange and company disclosures found within the past two years.
Open source ↗
Concall transcriptAug 2026
Earnings-call transcript · Nupur Recyclers Limited has informed the Exchange about Transcript
Source: Nse
AnnouncementJun 2026
Jun 2026 · Earnings release · Nupur Recyclers Limited has informed the Exchange regarding a press release dated August 12, 2026, titled "Q1 FY 2026-27 EARNINGS PRESS RELEASE".
Source: Nse
Annual report
Annual report · Nupur Recyclers Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on September 29, 2025
Source: Nse
Annual report
Annual Report 2025
Source: Nse
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.