ALFA Finder
| 1-Year Price Change | 163.44%Stock Performance |
|---|---|
| Market Cap | ₹1,193.79 CrCommodity Trading |
| P/E Ratio (TTM) | 83.97Sector PE: 46.77 |
| RSI | 64.49Neutral Zone |
| Metric | Q2-27 | Q1-27 | Q2-26 |
|---|---|---|---|
| Revenue from Operations | 112 | 79.3 | 48.8 |
| Other Income | 4.6 | 3.7 | 2.9 |
| Total Income | 116 | 83.0 | 51.7 |
| Profit Before Tax | 11.7 | 9.8 | 5.5 |
| Net Profit | 8.8 | 7.4 | 4.3 |
| Operating Margin | 10.1% | 11.8% | 10.6% |
| Net Profit QoQ | +18.9% | ||
| Net Profit YoY | +104.7% | ||
| Adj. Profit QoQ | +16.4% | ||
| Adj. Profit YoY | +173.1% | ||
Key highlights
- Revenue from operations grew 129.5% year-on-year to ₹112 crore from ₹48.8 crore in Q2-26
- Net profit jumped 104.7% YoY to ₹8.8 crore, up from ₹4.3 crore in the same period last year
- On a sequential basis, net profit increased by 18.9% from ₹7.4 crore in Q1-27
- Operating margins stood at 10.1% for the quarter, compared to 10.6% in the year-ago period
- Half-year consolidated revenue for FY27 reached ₹190.91 crore, nearly 88% of the total FY26 annual revenue
Nupur Recyclers Scales Revenue to ₹112 Crore as Profits Surge
Nupur Recyclers Limited achieved a substantial top-line expansion in Q2 FY27, with revenue from operations reaching ₹112 crore. This represents a 129.5% increase compared to the ₹48.8 crore recorded in Q2 FY26, and a sequential rise from ₹79.3 crore in Q1 FY27. This scale-up has significantly bolstered the company's profitability, with net profit for the quarter coming in at ₹8.8 crore.
The company continues to benefit from its established presence in the import and processing of ferrous and non-ferrous metal scrap, maintaining a single reportable segment that caters to industrial demand across the country.
Margin Dynamics and Operating Expenditure
- Operating margins settled at 10.1% in Q2-27, reflecting a slight compression from 11.8% in the previous quarter and 10.6% in Q2-26.
- Total expenses for the quarter rose to ₹104.49 crore, primarily driven by purchase of stock-in-trade amounting to ₹99.70 crore.
- Employee benefit expenses stood at ₹4.23 crore, showing an increase from ₹1.43 crore in the corresponding quarter of the previous year.
- Finance costs for the period were recorded at ₹1.97 crore, up from ₹0.30 crore in Q2-26.
- Other income contributed ₹4.6 crore to the total income, compared to ₹2.9 crore in the year-ago period.
Valuation Context and Market Momentum
The stock has demonstrated strong market performance, trading at ₹172.84 with a one-year return of 163.44%. With a market capitalization of ₹1,193.79 crore, the company's trailing twelve-month (TTM) P/E ratio stands at 83.97, which is notably higher than the industry average of 57.57. This valuation reflects the company's rapid growth trajectory, having already delivered a half-yearly profit before tax of ₹21.44 crore—nearly matching its entire FY26 annual profit of ₹21.61 crore.
Promoter holding remains high at 73.6%, while Foreign Institutional Investor (FII) participation has seen a gradual increase to 1.29%.
Historical Trend and Industrial Positioning
- The Q2-27 revenue of ₹112 crore marks a continuous growth trend from ₹51.68 crore reported in Q2-26.
- Long-term supply contracts with OEMs, including Tata Motors, continue to provide revenue visibility, accounting for approximately 22% of total turnover as of September 2026.
- Institutional holding increased by 0.94% during the latest quarter, indicating growing interest from professional investors.
- The company's net profit TTM of ₹17.15 crore has already surpassed the annual FY26 net profit of ₹14.22 crore.
- Operational focus remains on Pan-India trading and processing of metal scrap to meet rising industrial consumption.
| Date | Announcement | Amount |
|---|---|---|
| 12 Aug 2026 | Q1 FY27 Consolidated Total RevenueSource: NSE filing | ₹83.03 Cr |
| 21 May 2026 | Q4 FY26 Consolidated Total RevenueSource: NSE filing | ₹60.47 Cr |
| 12 Feb 2026 | Q3 FY26 Consolidated Total RevenueSource: kotakneo.com | ₹61.43 Cr |
| 14 Nov 2025 | Q2 FY26 Consolidated Total RevenueSource: kotakneo.com | ₹51.68 Cr |
| 12 Aug 2025 | Q1 FY26 Consolidated Total RevenueSource: NSE filing | ₹53.03 Cr |
| 24 May 2025 | Q4 FY25 Consolidated Total RevenueSource: kotakneo.com | ₹39.13 Cr |
What to watch next
- Post-earnings conference call to discuss results scheduled for 16 November 2026 at 2:00 PM IST
- Execution progress of OEM supply contracts and their impact on FY27 annual margins
- Q3 FY27 financial results announcement expected in February 2027
| Share price | ₹172.84 |
|---|---|
| Market capitalisation | ₹1,193.79 Cr |
| Revenue (annual) | ₹215.94 Cr |
| Net profit (annual) | ₹14.22 Cr |
| Revenue (latest quarter) | ₹79.34 Cr+38.43% vs previous quarter |
| Net profit (latest quarter) | ₹6.48 Cr+133.56% vs previous quarter |
| P/E (TTM) | 83.97×Sector 46.77× |
| Promoter holding | 73.6%0.00% QoQ |
| FII holding | 1.29%Current quarter |
Reference market data from a third-party provider, as of the story. Not a valuation or a recommendation.
Exchange filing by Nupur Recyclers Limited announcing its unaudited financial results for the quarter and half-year ended September 30, 2026. Market figures from a third-party data provider.
