Nupur Recyclers (NSE:NRL) Operating Margin %: 3.64% (As of Mar. 2026) — 44% Below Median


NSE:NRL Nupur Recyclers Ltd NSE:NRL
73 GF Score
Price ₹83.01
GF Value ₹77.04
Valuation Fairly Valued
! 7 Warning Signs
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What is Nupur Recyclers Operating Margin %?

Nupur Recyclers NSE:NRL -0.87% 73 Operating Margin % is 3.64% as of Mar. 2026, which is 44% below its 10-year median of 6.51. GuruFocus rates NSE:NRL with a GF Score™ of 73/100 and a GF Value™ of ₹77.04 (Fairly Valued). The stock has 7 warning signs investors should review. Among 241 Waste Management companies, Nupur Recyclers ranks worse than 51.87% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Nupur Recyclers's Operating Income for the three months ended in Mar. 2026 was ₹21 Mil. Nupur Recyclers's Revenue for the three months ended in Mar. 2026 was ₹573 Mil. Therefore, Nupur Recyclers's Operating Margin % for the quarter that ended in Mar. 2026 was 3.64%.

Warning Sign:

Nupur Recyclers Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -16%.

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

NSE:NRL' s Operating Margin % Range Over the Past 10 Years
Min: 1.56   Med: 6.51   Max: 14.21
Current: 6.22


NSE:NRL's Operating Margin % is ranked worse than
51.87% of 241 companies
in the Waste Management industry
Industry Median: 6.61 vs NSE:NRL: 6.22

Nupur Recyclers's 5-Year Average Operating Margin % Growth Rate was -16.00% per year.

Nupur Recyclers's Operating Income for the three months ended in Mar. 2026 was ₹21 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was ₹134 Mil.


Nupur Recyclers  (NSE:NRL) Operating Margin % Explanation

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia’s Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Nupur Recyclers Operating Margin % Related Terms


Nupur Recyclers Operating Margin % Historical Data

* Premium members only.

The historical data trend for Nupur Recyclers's Operating 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 Operating Margin % Chart

Nupur Recyclers Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Operating Margin %
Get a 7-Day Free Trial 14.21 6.79 2.93 8.84 6.22

Nupur Recyclers Quarterly Data
Mar21 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Operating 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 4.00 7.15 5.79 8.28 3.64

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

For the Waste Management subindustry, Nupur Recyclers's Operating Margin %, along with its competitors' market caps and Operating 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 Operating Margin % vs Waste Management Industry

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

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


NSE:NRL
73GF Score
Nupur Recyclers Ltd NSE:NRL
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Nupur Recyclers Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

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

Operating Margin %=Operating Income (A: Mar. 2026 ) / Revenue (A: Mar. 2026 )
=134.316 / 2159.397
=6.22 %

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

Operating Margin %=Operating Income (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=20.882 / 573.187
=3.64 %

* 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.

Frequently Asked Questions Learn more about Operating Margin % →
What does a Operating Margin % of 3.64% mean?
Nupur Recyclers (NSE:NRL) has a Operating Margin % of 3.64% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Nupur Recyclers and its competitors. This is 44% below median its historical median of 6.51. Over the past decade, Nupur Recyclers' Operating Margin % has ranged from 1.56 to 14.21. According to the industry distribution chart, Nupur Recyclers ranks #125 out of 241 companies in the Waste Management industry, placing it in the top 51.9%.
Is Nupur Recyclers' Operating Margin % too high?
Nupur Recyclers' current Operating Margin % of 3.64% is 44% below median its 10-year median of 6.51. Over the past 10 years, this metric has ranged from a low of 1.56 to a high of 14.21. The Waste Management industry median Operating Margin % is 6.61. Nupur Recyclers' value of 3.64% is 44.9% below this industry median. Based on the distribution chart, Nupur Recyclers ranks #125 out of 241 companies in the Waste Management industry, which is below the industry midpoint. Overall, Nupur Recyclers has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nupur Recyclers' Operating Margin % compare to WM and RSG?
According to the Waste Management industry distribution chart, Nupur Recyclers ranks #125 out of 241 companies for Operating Margin %. This places Nupur Recyclers in the lower half of its industry. The industry median Operating Margin % is 6.61. Nupur Recyclers' value of 3.64% is 44.9% below this benchmark. Historically, Nupur Recyclers' own Operating Margin % has ranged from 1.56 to 14.21 over the past decade. While the company's 10-year median is 6.51 vs. the industry median of 6.61, 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 Operating Margin % for a Waste Management company?
The median Operating Margin % among Waste Management companies is 6.61, based on 241 companies in the industry. Companies in the top quartile (top 25%) have a Operating Margin % significantly above this median, while those in the bottom quartile fall well below. However, Operating Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Nupur Recyclers's current Operating Margin % of 3.64% is 44.9% 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 Operating Margin % mean?
A high Operating Margin % can signal that a stock is expensive relative to its fundamentals. Operating margin is the ratio of total operating income to net sales. View historical data on Nupur Recyclers and its competitors. For the Waste Management industry, the median Operating Margin % is 6.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nupur Recyclers's current Operating Margin % is 3.64%, which is 44% below median its own 10-year median of 6.51. 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 ₹77.04, compared to a current price of ₹83.01 — trading 7.7% above its estimated fair value. The current Operating Margin % is 3.64%, which is 44% below median its 10-year median of 6.51 and 44.9% below the Waste Management industry median of 6.61. Nupur Recyclers' overall GF Score™ is 73/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Margin % calculated?
Operating Margin % is calculated from a company's financial statements. For Nupur Recyclers (NSE:NRL), the current Operating Margin % is 3.64% 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 ₹83.01 is trading 7.7% above its estimated GF Value™ of ₹77.04. GuruFocus considers Nupur Recyclers to be Fairly Valued.

Key valuation signals for NSE:NRL:

  • Operating Margin %: 3.64% (44% below median its 10-year median of 6.51)
  • GF Value™: ₹77.04 vs. price of ₹83.01 (7.7% above fair value)
  • GF Score™: 73/100 with 7 warning signs
  • Industry Position: 44.9% below the Waste Management median (#125 of 241)

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.
73GF Score

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

₹83.01
Price
₹77.04
GF Value