Nupur Recyclers PAT Rises 45% in Q4 FY26

2 min read     Updated on 23 May 2026, 12:19 PM
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Nupur Recyclers Limited reported a 45.21% increase in Profit After Tax (PAT) to ₹334.78 Lacs for the quarter ended March 31, 2026, driven by a 54.53% rise in Total Income to ₹6,046.86 Lacs. For the full fiscal year 2025-26, the company achieved a Total Income of ₹22,661.35 Lacs and a PAT of ₹1,648.46 Lacs. Strategic initiatives included the acquisition of a 51% stake in Tycod Autotech Private Limited and the commencement of operations at a new Haryana facility, alongside plans for capacity expansion in zinc ingot production.

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Nupur Recyclers has announced its audited financial results for the quarter and year ended March 31, 2026, reporting significant growth across key financial metrics. The company’s Total Income for the quarter stood at ₹6,046.86 Lacs, representing a 54.53% increase compared to ₹3,913.06 Lacs in the corresponding quarter of the previous year. Profit Before Tax (PBT) rose by 41.06% to ₹427.85 Lacs, up from ₹303.32 Lacs in the prior year period. Consequently, Profit After Tax (PAT) for the quarter increased by 45.21% to ₹334.78 Lacs, surpassing the ₹230.55 Lacs recorded in the quarter ended March 2025.

Financial Performance

The company’s growth trajectory was supported by operational efficiency and strategic initiatives. The following table summarizes the financial performance for the quarter ended March 2026 compared to the same period in the previous year:

Metric Mar-26 (₹ Lacs) Mar-25 (₹ Lacs)
Total Income 6046.86 3913.06
PBT 427.85 303.32
PAT 334.78 230.55

For the full year ended March 31, 2026, the company reported a Total Income of ₹22,661.35 Lacs and a PAT of ₹1,648.46 Lacs. The Board of Directors approved these results at a meeting held on May 21, 2026. Additionally, the Board approved the alteration of the Object Clause of the Memorandum of Association to include the business of extraction and recycling of Lithium, Graphite, and Lithium Ion Batteries, subject to shareholder approval.

Strategic Expansion and Acquisitions

During the financial year, the company acquired a 51% stake in M/s Tycod Autotech Private Limited at an enterprise value of approximately ₹2,400 Lakhs. The acquired entity manufactures auto components and supplies products to reputed customers, including Tata Motors Limited, Rudrapur, Multitech Auto Private Limited, Sundaram Fasteners Limited, and Interpump Hydraulics India Private Limited. This acquisition marks a step towards forward integration into the auto components manufacturing segment.

In addition to the acquisition, Nupur Extrusion Private Limited, a subsidiary of Nupur Recyclers Limited, commenced operations at its new manufacturing facility in Haryana. Following successful trial runs, the facility began operating at full capacity from January 2026. The facility caters to businesses engaged in solar plant manufacturing and OEM operations, strengthening the group's presence in high-growth industries.

Capacity Enhancement and Future Plans

To meet increasing market demand, Frank Metals Recycling Limited has started manufacturing extrusion products in various sizes, which is expected to contribute positively to sales and profitability. Furthermore, Nupur Recyclers Limited has purchased approximately 4.5 acres of land at Sampla, Haryana, to enhance the production capacity of zinc ingots and other blended materials. Construction of the factory building has commenced, with the company aiming to operationalize the plant during FY 2026-27.

Management Commentary

Mr. Rajesh Gupta, Managing Director of Nupur Recyclers Limited, commented on the results, stating that the significant growth in income and profitability reflects the success of operational efficiency initiatives and strategic growth plans. He highlighted that the acquisition of Tycod Autotech Private Limited is a transformative step that will complement core recycling operations, create new revenue streams, and position the company for sustained, diversified growth.

Historical Stock Returns for Nupur Recyclers

1 Day5 Days1 Month6 Months1 Year5 Years
+10.19%+20.96%+17.09%+2.94%-9.08%+171.76%

How will Nupur Recyclers' expansion into lithium and lithium-ion battery recycling position it competitively within India's rapidly growing EV battery waste management market?

What synergies could emerge between the Tycod Autotech acquisition and Nupur Recyclers' core recycling operations, and how might this vertical integration affect profit margins over the next 2-3 years?

With the new Sampla, Haryana facility targeting zinc ingot production in FY 2026-27, how dependent will the company's revenue growth be on commodity zinc price fluctuations?

1 Year Returns:-9.08%