Nupur Recyclers (NSE:NRL) ROIC %: 4.52% (As of Mar. 2026)


NSE:NRL Nupur Recyclers Ltd NSE:NRL
78 GF Score
Price ₹85.30
GF Value ₹76.97
Valuation Modestly Overvalued
! 8 Warning Signs
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What is Nupur Recyclers ROIC %?

Nupur Recyclers NSE:NRL +1.91% 78 ROIC % is 4.52% as of Mar. 2026. GuruFocus rates NSE:NRL with a GF Score™ of 78/100 and a GF Value™ of ₹76.97 (Modestly Overvalued). The stock has 8 warning signs investors should review.

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. Nupur Recyclers's annualized return on invested capital (ROIC %) for the quarter that ended in Mar. 2026 was 4.52%.

As of today (2026-07-01), Nupur Recyclers's WACC % is 13.39%. Nupur Recyclers's ROIC % is 7.43% (calculated using TTM income statement data). Nupur Recyclers earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Nupur Recyclers  (NSE:NRL) ROIC % Explanation

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.

There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.

Why is ROIC % important?

Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.

As of today, Nupur Recyclers's WACC % is 13.39%. Nupur Recyclers's ROIC % is 7.43% (calculated using TTM income statement data). Nupur Recyclers earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Be Aware

Like ROE % and ROA %, ROIC % is calculated with only 12 months of data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.


Nupur Recyclers ROIC % Related Terms


Nupur Recyclers ROIC % Historical Data

* Premium members only.

The historical data trend for Nupur Recyclers's ROIC % 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 ROIC % Chart

Nupur Recyclers Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROIC %
Get a 7-Day Free Trial 44.45 15.43 5.21 8.79 7.24

Nupur Recyclers Quarterly Data
Mar21 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROIC % 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 3.27 7.90 6.96 10.92 4.52

NSE:NRL vs WM, RSG, WCN: ROIC % Comparison

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

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

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


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

Nupur Recyclers's annualized Return on Invested Capital (ROIC %) for the fiscal year that ended in Mar. 2026 is calculated as:

ROIC % (A: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Mar. 2025 ) + Invested Capital (A: Mar. 2026 ))/ count )
=134.316 * ( 1 - 23.73% )/( (1382.271 + 1446.399)/ 2 )
=102.4428132/1414.335
=7.24 %

where

Invested Capital(A: Mar. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=1442.479 - 18.957 - ( 41.251 - max(0, 119.875 - 1026.918+41.251))
=1382.271

Invested Capital(A: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=1980.051 - 36.463 - ( 497.189 - max(0, 243.869 - 1286.56+497.189))
=1446.399

Nupur Recyclers's annualized Return on Invested Capital (ROIC %) for the quarter that ended in Mar. 2026 is calculated as:

ROIC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=83.528 * ( 1 - 21.75% )/( (0 + 1446.399)/ 1 )
=65.36066/1446.399
=4.52 %

where

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=1980.051 - 36.463 - ( 497.189 - max(0, 243.869 - 1286.56+497.189))
=1446.399

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data. The tax rate is limited to between 0% and 100%.

* 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 ROIC % →
What does a ROIC % of 4.52% mean?
Nupur Recyclers (NSE:NRL) has a ROIC % of 4.52% as of Mar. 2026. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on Nupur Recyclers and its competitors.
Is Nupur Recyclers' ROIC % too high?
Nupur Recyclers' current ROIC % is 4.52%. The Waste Management industry median ROIC % is 3.51. Nupur Recyclers' value of 4.52% is 28.8% above this industry median. 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' ROIC % compare to WM and RSG?
Nupur Recyclers' ROIC % of 4.52% can be compared against companies in the Waste Management industry. The industry median ROIC % is 3.51. Nupur Recyclers' value of 4.52% is 28.8% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROIC % for a Waste Management company?
The median ROIC % among Waste Management companies is 3.51, based on 245 companies in the industry. Companies in the top quartile (top 25%) have a ROIC % significantly above this median, while those in the bottom quartile fall well below. However, ROIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Nupur Recyclers's current ROIC % of 4.52% is 28.8% above 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 ROIC % mean?
A high ROIC % can signal that a stock is expensive relative to its fundamentals. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on Nupur Recyclers and its competitors. For the Waste Management industry, the median ROIC % is 3.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nupur Recyclers's current ROIC % is 4.52%. 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 ₹76.97, compared to a current price of ₹85.30 — trading 10.8% above its estimated fair value. The current ROIC % is 4.52% and 28.8% above the Waste Management industry median of 3.51. 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 ROIC % calculated?
ROIC % is calculated from a company's financial statements. For Nupur Recyclers (NSE:NRL), the current ROIC % is 4.52% 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 ₹76.97. GuruFocus considers Nupur Recyclers to be Modestly Overvalued.

Key valuation signals for NSE:NRL:

  • ROIC %: 4.52%
  • GF Value™: ₹76.97 vs. price of ₹85.30 (10.8% above fair value)
  • GF Score™: 78/100 with 8 warning signs
  • Industry Position: 28.8% above the Waste Management median

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

₹85.30
Price
₹76.97
GF Value