Nupur Recyclers (NSE:NRL) Gross Margin %: 17.94% (As of Mar. 2026) — 26% Above Median


NSE:NRL Nupur Recyclers Ltd NSE:NRL
78 GF Score
Price ₹85.30
GF Value ₹76.96
Valuation Modestly Overvalued
! 8 Warning Signs
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What is Nupur Recyclers Gross Margin %?

Nupur Recyclers NSE:NRL +1.91% 78 Gross Margin % is 17.94% as of Mar. 2026, which is 26% above its 10-year median of 14.24. GuruFocus rates NSE:NRL with a GF Score™ of 78/100 and a GF Value™ of ₹76.96 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 235 Waste Management companies, Nupur Recyclers ranks worse than 77.45% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Nupur Recyclers's Gross Profit for the three months ended in Mar. 2026 was ₹103 Mil. Nupur Recyclers's Revenue for the three months ended in Mar. 2026 was ₹573 Mil. Therefore, Nupur Recyclers's Gross Margin % for the quarter that ended in Mar. 2026 was 17.94%.

Warning Sign:

Nupur Recyclers Ltd gross margin has been in long-term decline. The average rate of decline per year is -1.5%.


The historical rank and industry rank for Nupur Recyclers's Gross Margin % or its related term are showing as below:

NSE:NRL' s Gross Margin % Range Over the Past 10 Years
Min: 4.64   Med: 14.24   Max: 15.59
Current: 15.35


During the past 8 years, the highest Gross Margin % of Nupur Recyclers was 15.59%. The lowest was 4.64%. And the median was 14.24%.

NSE:NRL's Gross Margin % is ranked worse than
77.45% of 235 companies
in the Waste Management industry
Industry Median: 27.2 vs NSE:NRL: 15.35

Nupur Recyclers had a gross margin of 17.94% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Nupur Recyclers was -1.50% per year.


Nupur Recyclers  (NSE:NRL) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Nupur Recyclers had a gross margin of 17.94% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Nupur Recyclers Gross Margin % Related Terms


Nupur Recyclers Gross Margin % Historical Data

* Premium members only.

The historical data trend for Nupur Recyclers's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Nupur Recyclers Gross Margin % Chart

Nupur Recyclers Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Gross Margin %
Get a 7-Day Free Trial 15.59 9.02 4.64 14.28 15.35

Nupur Recyclers Quarterly Data
Mar21 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.81 11.31 12.53 18.64 17.94

NSE:NRL vs WM, RSG, WCN: Gross Margin % Comparison

For the Waste Management subindustry, Nupur Recyclers's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Nupur Recyclers Gross Margin % vs Waste Management Industry

For the Waste Management industry and Industrials sector, Nupur Recyclers's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Nupur Recyclers's Gross Margin % falls into.


NSE:NRL
78GF Score
Nupur Recyclers Ltd NSE:NRL
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Nupur Recyclers Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Nupur Recyclers's Gross Margin for the fiscal year that ended in Mar. 2026 is calculated as

Gross Margin % (A: Mar. 2026 )=Gross Profit (A: Mar. 2026 ) / Revenue (A: Mar. 2026 )
=331.4 / 2159.397
=(Revenue - Cost of Goods Sold) / Revenue
=(2159.397 - 1828.03) / 2159.397
=15.35 %

Nupur Recyclers's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=102.8 / 573.187
=(Revenue - Cost of Goods Sold) / Revenue
=(573.187 - 470.343) / 573.187
=17.94 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 17.94% mean?
Nupur Recyclers (NSE:NRL) has a Gross Margin % of 17.94% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Nupur Recyclers and its competitors. This is 26% above median its historical median of 14.24. Over the past decade, Nupur Recyclers' Gross Margin % has ranged from 4.64 to 15.59. According to the industry distribution chart, Nupur Recyclers ranks #182 out of 235 companies in the Waste Management industry, placing it in the top 77.4%.
Is Nupur Recyclers' Gross Margin % too high?
Nupur Recyclers' current Gross Margin % of 17.94% is 26% above median its 10-year median of 14.24. Over the past 10 years, this metric has ranged from a low of 4.64 to a high of 15.59. The Waste Management industry median Gross Margin % is 27.20. Nupur Recyclers' value of 17.94% is 34% below this industry median. Based on the distribution chart, Nupur Recyclers ranks #182 out of 235 companies in the Waste Management industry, which is in the bottom quartile relative to peers. Overall, Nupur Recyclers has a GF Score™ of 78/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nupur Recyclers' Gross Margin % compare to WM and RSG?
According to the Waste Management industry distribution chart, Nupur Recyclers ranks #182 out of 235 companies for Gross Margin %. This places Nupur Recyclers in the lower half of its industry. The industry median Gross Margin % is 27.20. Nupur Recyclers' value of 17.94% is 34% below this benchmark. Historically, Nupur Recyclers' own Gross Margin % has ranged from 4.64 to 15.59 over the past decade. While the company's 10-year median is 14.24 vs. the industry median of 27.20, Nupur Recyclers has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Waste Management company?
The median Gross Margin % among Waste Management companies is 27.20, based on 235 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Nupur Recyclers's current Gross Margin % of 17.94% is 34% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Nupur Recyclers and its competitors. For the Waste Management industry, the median Gross Margin % is 27.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nupur Recyclers's current Gross Margin % is 17.94%, which is 26% above median its own 10-year median of 14.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nupur Recyclers stock overvalued right now?
Based on GuruFocus' analysis, Nupur Recyclers (NSE:NRL) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹76.96, compared to a current price of ₹85.30 — trading 10.8% above its estimated fair value. The current Gross Margin % is 17.94%, which is 26% above median its 10-year median of 14.24 and 34% below the Waste Management industry median of 27.20. Nupur Recyclers' overall GF Score™ is 78/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Nupur Recyclers (NSE:NRL), the current Gross Margin % is 17.94% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Nupur Recyclers (NSE:NRL) Overvalued in 2026?

Based on GuruFocus' analysis, Nupur Recyclers stock appears to be overvalued. The current stock price of ₹85.30 is trading 10.8% above its estimated GF Value™ of ₹76.96. GuruFocus considers Nupur Recyclers to be Modestly Overvalued.

Key valuation signals for NSE:NRL:

  • Gross Margin %: 17.94% (26% above median its 10-year median of 14.24)
  • GF Value™: ₹76.96 vs. price of ₹85.30 (10.8% above fair value)
  • GF Score™: 78/100 with 8 warning signs
  • Industry Position: 34% below the Waste Management median (#182 of 235)

No single metric tells the full story. See the NSE:NRL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nupur Recyclers Business Description

Address Patparganj, Plot No. 03, Functional Industrial Estate, Delhi, IND, 110092
Nupur Recyclers Ltd is focused on metal scrap processing and recycling in India. The company is engaged in the import of ferrous and nonferrous metal scraps (such as shredded zinc scrap, zinc die cast scrap, zurik ss scrap, and aluminium zorba grades) from across the globe and processing/trading the same on a pan-India basis.
78GF Score

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Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹85.30
Price
₹76.96
GF Value