Nupur Recyclers Ltd. – Company Report
1. Company Overview
Nupur Recyclers Ltd., incorporated in January 2019 and headquartered in Delhi, is a leading Indian company engaged in the import, processing, and trading of non-ferrous metal scrap. With ISO 9001, ISO 14001, and ISO 45001 certifications, the company is recognized for its sustainable scrap processing operations and membership in the Material Recycling Association of India. Nupur Recyclers primarily operates as an intermediary in the metal scrap supply chain, importing a wide range of metal scraps—mainly zinc and aluminium—from overseas suppliers and supplying processed materials to domestic and international clientele. The company is helmed by Chairman and Managing Director Rajesh Gupta, supported by a strong management and advisory board.
Nupur Recyclers continues to expand its business footprint through organic growth and strategic acquisitions, including a recent 51% stake acquisition in Tycod Autotech to strengthen its forward integration within the recycling and metals value chain. As of July 2025, the company’s market capitalization stands at approximately ₹513 crore.
- Incorporated: January 2019
- Headquarters: Delhi, India
- Certifications: ISO 9001:2015, ISO 14001:2015, ISO 45001:2018
- Executive Leadership: Rajesh Gupta (Chairman & Managing Director), Devender Kumar Poter (CFO & Director)
- Market Cap (July 2025): ~₹513 crore
- Listed: Indian Stock Exchanges
2. Products and Services
Nupur Recyclers Ltd. offers a broad portfolio of services across the metal recycling and trading value chain:
Import and Processing of Non-Ferrous Scrap:
- Aluminium zorba, shredded zinc scrap, zinc die cast scrap, zurik (stainless steel) scrap, shredded brass, and other high-value recyclable metals.
- Processing includes sorting, separating, and upgrading scrap for reuse in industrial production.
Manufacturing and Trading of Metals:
- Refined and remanufactured zinc, aluminium, and brass products.
- Trading of semi-finished and finished metals tailored to industrial specifications.
B2B Supply Chain Management:
- Supply of graded and processed materials to industrial clients seeking raw materials with a lower environmental footprint.
Nupur’s core value lies in its environmentally responsible operations, which reduce mining activity, preserve natural resources, and contribute to India’s circular economy. The company has extended operations to UAE, Central Europe, and the USA, integrating advanced recycling technologies and systems.
3. Recent News and Business Developments
Oct 2025: Nupur Extrusion, a key player in India’s extrusion industry and a subsidiary of Nupur Recyclers, is set to inaugurate its new manufacturing plant in Sampla, Haryana this November. Developed with an investment of 20-25 million, the facility is designed to manufacture 5,000 to 6,000 tons of extrusion products annually starting from FY 2026–27.
July 2025: New Delhi-based Nupur Recycling Ltd. (NRL) has acquired Tycod Autotech Pvt. Ltd. of Haryana, India, in a move it says is a strategic step in its forward integration journey. NRL purchased the aluminum alloys and components producer in an all-cash transaction for ₹240 million ($2.7 million)
Nov 2024: Plans to open a lithium-ion battery and metal recycling plant by 2027, tapping into the EV and green tech ecosystem.
Oct 2024: Announced launch of Nupur Extrusion, investing over $2 million in an aluminium extrusion plant aimed at solar and construction sectors (capacity: 5,000–6,000 TPA).
Oct 2024: Nupur Recycler Ltd has invested more than Rs 13 crore in its subsidiary, Frank Metals. NRL bought Rs 27.97 crore for 44,40,000 shares in March 2024, acquiring an 80 per cent ownership in Frank Metals. NRL spent an additional Rs 13 crore, considering growth and future expansion, so as to fulfil the Frank Metals Capex & Opex financing demand.
Jun 2023: Launched Nupur Polymers, targeting eco-friendly polymer recycling at Bawal (6,000+ MT capacity).
Aug 2022: Strategic partnership with HeiTec Rohstoffe GMBH (Germany) to improve global sourcing and operations.
Nov 2021: Entered EV infrastructure with plans for 200 EV charging and battery swapping stations (in collaboration with EVI Technologies).
Promoter Holding: Increased to 72.88% (as of July 2025) – a signal of promoter confidence.
4. Financial Performance (FY2025)
| Metric | FY2025 Value |
|---|---|
| Total Revenue | ₹158 crore |
| Net Profit | ₹16.3 crore |
| Profit Before Tax (PBT) | ₹22 crore |
| Net Profit Margin | 10% |
| Earnings Per Share (EPS) | ₹2.11 |
| Dividend | Nil (profits reinvested for growth) |