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Nupur Recyclers Limited (NRL) Fair Value & Analysis

Industrials · IN · Market cap ₹6.3B

NR Nupur Recyclers Limited NRL · NSE
Price₹92.57
Fair Value₹34.99
Upside-62.2%
Quality57/100
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Evidence: Medium Range ₹26.24 – ₹43.74

Fair value as of: Jul 3, 2026

From 14 valuation models · updated today

Share price +29.5% over the past month.

Price vs Fair Value (12 months)

₹92.57 ₹46.75 Fair Value ₹34.99 Jul 2025 Jul 2026

12‑month range ₹46.75 – ₹92.57 · fair‑value band ₹26.24 – ₹43.74 · the ₹92.57 price screens above the ₹34.99 fair value. As of Jul 3, 2026.

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Analysis

Nupur Recyclers Limited (NRL) currently trades at ₹92.57, while our model-based Fair Value estimate is ₹34.99 — implying the stock looks roughly 62.2% overvalued today. We read business quality at 57/100 (solid quality), in the Industrials sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium — the entry price still matters most (evidence: medium).

Over the trailing twelve months, Nupur Recyclers Limited generated revenue of ₹2.2B at a net margin of 6.6%. Revenue grew 54.0% year over year. It earns a return on equity of 12.1%. Net debt stands at ₹265M. Fundamentals as of Jul 3, 2026

Key figures & financial health

Revenue (TTM) ₹2.2B
Revenue growth (YoY) +54.0%
Net margin 6.6%
Return on equity 12.1%
Free cash flow −₹17.4M FY2026
P/E ratio 43.9
More key figures
Operating margin 3.6%
EPS (TTM) ₹2.06
EPS growth (YoY) +33.3%
Net debt ₹265M FY2026

Figures from reported company fundamentals (EODHD) · as of Jul 3, 2026. TTM = trailing twelve months.

About the company

Nupur Recyclers Limited engages in the import, processing, and trading of ferrous and non-ferrous metals in India. The company imports metal scrap, such as shredded zinc scrap and brass, zinc die cast scrap, Zurik scrap, and aluminium zorba grades. It is also involved in the manufacture and trade of metals. The company was incorporated in 2019 and is based in Delhi, India.

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Nupur Recyclers Limited reported revenue of ₹2.2B in FY2026 versus ₹1.6B in FY2022, a compound +7.9%/yr. Reported net income was ₹142M in FY2026, compounding −6.8%/yr from FY2022.

Revenue +7.9%/yr
FY22 ₹1.6B
FY23 ₹1.9B
FY24 ₹2.4B
FY25 ₹1.6B
FY26 ₹2.2B
Net income −6.8%/yr
FY22 ₹189M
FY23 ₹122M
FY24 ₹72.1M
FY25 ₹145M
FY26 ₹142M

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6 more Waste Management stocks, each showing price versus our Fair Value estimate (as of Jul 3, 2026).

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Republic Services, Inc RSG $204.36 $122.01 -40%
Waste Connections, Inc WCN $155.22 $47.73 -69%
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Clean Harbors, Inc CLH $286.90 $84.03 -71%

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Frequently asked questions

Is Nupur Recyclers Limited (NRL) undervalued?
As of Jul 3, 2026, our model estimates a fair value of ₹34.99 versus a price of ₹92.57 — about −62% (overvalued). Model-based estimate, not financial advice.
What is the fair value of NRL?
Our model-based fair value for Nupur Recyclers Limited is ₹34.99 (as of Jul 3, 2026), built from audited fundamentals. The current price is ₹92.57.
What is the quality score of NRL?
Nupur Recyclers Limited has a Quality Score of 57/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Nupur Recyclers Limited (NRL)?
Nupur Recyclers Limited reported trailing-twelve-month revenue of about ₹2.2B (latest available figure, as of Jul 3, 2026).
What is the net profit margin of NRL?
The net profit margin of Nupur Recyclers Limited is about 6.6%, meaning it keeps roughly 6.6% of revenue as net income. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.