Nupur Recyclers (NSE:NRL) Interest Coverage: 2.18 (As of Mar. 2026) — 87% Below Median


NSE:NRL Nupur Recyclers Ltd NSE:NRL
78 GF Score
Price ₹83.70
GF Value ₹76.97
Valuation Fairly Valued
! 8 Warning Signs
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What is Nupur Recyclers Interest Coverage?

Nupur Recyclers NSE:NRL -0.25% 78 Interest Coverage is 2.18 as of Mar. 2026, which is 87% below its 10-year median of 17.07. GuruFocus rates NSE:NRL with a GF Score™ of 78/100 and a GF Value™ of ₹76.97 (Fairly Valued). The stock has 8 warning signs investors should review. Among 161 Waste Management companies, Nupur Recyclers ranks worse than 50.93% on this metric.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. Nupur Recyclers's Operating Income for the three months ended in Mar. 2026 was ₹21 Mil. Nupur Recyclers's Interest Expense for the three months ended in Mar. 2026 was ₹-10 Mil. Nupur Recyclers's interest coverage for the quarter that ended in Mar. 2026 was 2.18. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Nupur Recyclers's Interest Coverage or its related term are showing as below:

NSE:NRL' s Interest Coverage Range Over the Past 10 Years
Min: 0.69   Med: 17.07   Max: No Debt
Current: 5.63


NSE:NRL's Interest Coverage is ranked worse than
50.93% of 161 companies
in the Waste Management industry
Industry Median: 5.72 vs NSE:NRL: 5.63

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Nupur Recyclers  (NSE:NRL) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


Nupur Recyclers Interest Coverage Related Terms


Nupur Recyclers Interest Coverage Historical Data

* Premium members only.

The historical data trend for Nupur Recyclers's Interest Coverage 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.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Nupur Recyclers Interest Coverage Chart

Nupur Recyclers Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Interest Coverage
Get a 7-Day Free Trial 28.30 40.88 22.59 6.83 5.39

Nupur Recyclers Quarterly Data
Mar21 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Interest Coverage 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 4.07 12.45 9.57 5.82 2.18

NSE:NRL vs WM, RSG, WCN: Interest Coverage Comparison

For the Waste Management subindustry, Nupur Recyclers's Interest Coverage, along with its competitors' market caps and Interest Coverage 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 Interest Coverage vs Waste Management Industry

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

* The bar in red indicates where Nupur Recyclers's Interest Coverage falls into.


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

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

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

Here, for the fiscal year that ended in Mar. 2026, Nupur Recyclers's Interest Expense was ₹-25 Mil. Its Operating Income was ₹134 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹241 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*134.316/-24.917
=5.39

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

Here, for the three months ended in Mar. 2026, Nupur Recyclers's Interest Expense was ₹-10 Mil. Its Operating Income was ₹21 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹241 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*20.882/-9.596
=2.18

* 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.

The higher the ratio, the stronger the company's Financial Strength is.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 2.18 mean?
Nupur Recyclers (NSE:NRL) has a Interest Coverage of 2.18 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Nupur Recyclers and its competitors. This is 87% below median its historical median of 17.07. Over the past decade, Nupur Recyclers' Interest Coverage has ranged from 0.69 to 10,000.00. According to the industry distribution chart, Nupur Recyclers ranks #82 out of 161 companies in the Waste Management industry, placing it in the top 50.9%.
Is Nupur Recyclers' Interest Coverage too high?
Nupur Recyclers' current Interest Coverage of 2.18 is 87% below median its 10-year median of 17.07. Over the past 10 years, this metric has ranged from a low of 0.69 to a high of 10,000.00. The Waste Management industry median Interest Coverage is 5.72. Nupur Recyclers' value of 2.18 is 61.9% below this industry median. Based on the distribution chart, Nupur Recyclers ranks #82 out of 161 companies in the Waste Management industry, which is below the industry midpoint. Overall, Nupur Recyclers has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nupur Recyclers' Interest Coverage compare to WM and RSG?
According to the Waste Management industry distribution chart, Nupur Recyclers ranks #82 out of 161 companies for Interest Coverage. This places Nupur Recyclers in the lower half of its industry. The industry median Interest Coverage is 5.72. Nupur Recyclers' value of 2.18 is 61.9% below this benchmark. Historically, Nupur Recyclers' own Interest Coverage has ranged from 0.69 to 10,000.00 over the past decade. While the company's 10-year median is 17.07 vs. the industry median of 5.72, 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 Interest Coverage for a Waste Management company?
The median Interest Coverage among Waste Management companies is 5.72, based on 161 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Nupur Recyclers's current Interest Coverage of 2.18 is 61.9% 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 Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Nupur Recyclers and its competitors. For the Waste Management industry, the median Interest Coverage is 5.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nupur Recyclers's current Interest Coverage is 2.18, which is 87% below median its own 10-year median of 17.07. 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 Fairly Valued. The stock's GF Value™ is ₹76.97, compared to a current price of ₹83.70 — trading 8.7% above its estimated fair value. The current Interest Coverage is 2.18, which is 87% below median its 10-year median of 17.07 and 61.9% below the Waste Management industry median of 5.72. 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 Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Nupur Recyclers (NSE:NRL), the current Interest Coverage is 2.18 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 ₹83.70 is trading 8.7% above its estimated GF Value™ of ₹76.97. GuruFocus considers Nupur Recyclers to be Fairly Valued.

Key valuation signals for NSE:NRL:

  • Interest Coverage: 2.18 (87% below median its 10-year median of 17.07)
  • GF Value™: ₹76.97 vs. price of ₹83.70 (8.7% above fair value)
  • GF Score™: 78/100 with 8 warning signs
  • Industry Position: 61.9% below the Waste Management median (#82 of 161)

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

₹83.70
Price
₹76.97
GF Value