Nupur Recyclers Q1 FY27 Revenue Jumps 56.6% to ₹83.03 Crore, EBITDA Surges 111%
Nupur Recyclers reported Q1 FY27 consolidated revenue of ₹83.03 crore, up 56.6% YoY. EBITDA surged 111% to ₹12.86 crore, with margins improving to 15.48%. The company is set to operationalize its LFP battery recycling plant in Sampla, Haryana within 2-3 months, investing ₹50-70 crore.
The substantial year-on-year growth in financial metrics and the strategic expansion into the LFP battery recycling sector indicate a significant positive impact on the company's future prospects.
The company reported significant year-on-year growth in revenue and EBITDA, alongside an improvement in EBITDA margins. The upcoming LFP battery recycling facility is also viewed positively as a future growth driver.
Nupur Recyclers Limited (NRL) announced its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026, on August 29, 2026. The company held a conference call on August 24, 2026, to discuss these results, with the transcript now available.
During the conference call, Chairman and Managing Director Mr. Rajesh Gupta highlighted that the company's diversified sourcing of scrap metal from multiple geographies, including the United States, Europe, the Middle East, and Australia, has insulated it from geopolitical disruptions. NRL is engaged in recycling non-ferrous scrap metal, converting imported scrap into usable metal for Indian manufacturers, contributing to the circular economy.
The company imports approximately 8,000 to 10,000 tonnes of scrap metal annually, including stainless steel, zinc, and aluminum. NRL's business model is integrated through three major operating subsidiaries: Frank Metals Recyclers Limited, Nupur Extrusion Private Limited, and Tycod Autotech Private Limited. On a consolidated basis, total revenue for Q1 FY27 reached approximately ₹83.03 crore, a significant increase of 56.6% year-on-year from ₹53.03 crore in Q1 FY26, and a 37.3% increase from ₹60.47 crore in Q4 FY26. EBITDA for the quarter was ₹12.86 crore, an 111% increase year-on-year and an 88% increase sequentially. EBITDA margin improved to 15.48% from 11.46% in Q1 FY26.
Nupur Recyclers is setting up a new facility in Sampla, Haryana, for LFP (Lithium Iron Phosphate) battery recycling, with an expected capacity of 6,000 tons per annum. This facility, spread across 5 acres and involving an investment of ₹50 crore to ₹70 crore, is expected to be operational within the next 2 to 3 months. This venture is a natural expansion of their recycling expertise and is anticipated to be a higher-margin business.
The company's manufacturing footprint includes facilities for zinc ingot, aluminum ingots, aluminum billets, and aluminum extrusion. Tycod Autotech Private Limited, in which NRL holds a 51% stake, is focused on auto components manufacturing. NRL plans to fund its expansion, including the Sampla facility, largely through internal accruals, aiming to remain largely debt-free.
A plain-language summary of a public exchange filing by Nupur Recyclers Limited. Read the original for the full detail.