Nupur Recyclers (NSE:NRL) Asset Turnover: 0.29 (As of Mar. 2026)


NSE:NRL Nupur Recyclers Ltd NSE:NRL
78 GF Score
Price ₹88.21
GF Value ₹76.94
Valuation Modestly Overvalued
! 8 Warning Signs
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What is Nupur Recyclers Asset Turnover?

Nupur Recyclers NSE:NRL +3.41% 78 Asset Turnover is 0.29 as of Mar. 2026. GuruFocus rates NSE:NRL with a GF Score™ of 78/100 and a GF Value™ of ₹76.94 (Modestly Overvalued). The stock has 8 warning signs investors should review.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Nupur Recyclers's Revenue for the three months ended in Mar. 2026 was ₹573 Mil. Nupur Recyclers's Total Assets for the quarter that ended in Mar. 2026 was ₹1,980 Mil. Therefore, Nupur Recyclers's Asset Turnover for the quarter that ended in Mar. 2026 was 0.29.

Asset Turnover is linked to ROE % through Du Pont Formula. Nupur Recyclers's annualized ROE % for the quarter that ended in Mar. 2026 was 8.27%. It is also linked to ROA % through Du Pont Formula. Nupur Recyclers's annualized ROA % for the quarter that ended in Mar. 2026 was 5.60%.


Nupur Recyclers  (NSE:NRL) Asset Turnover Explanation

Asset Turnover is linked to ROE % through Du Pont Formula.

Nupur Recyclers's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=110.932/1341.234
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(110.932 / 2292.748)*(2292.748 / 1980.051)*(1980.051/ 1341.234)
=Net Margin %*Asset Turnover*Equity Multiplier
=4.84 %*1.1579*1.4763
=ROA %*Equity Multiplier
=5.60 %*1.4763
=8.27 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data.

* 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 ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.

It is also linked to ROA % through Du Pont Formula:

Nupur Recyclers's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=110.932/1980.051
=(Net Income / Revenue)*(Revenue / Total Assets)
=(110.932 / 2292.748)*(2292.748 / 1980.051)
=Net Margin %*Asset Turnover
=4.84 %*1.1579
=5.60 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data.

* 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.


Be Aware

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Therefore, it is a good sign if a company's Asset Turnover is consistent or even increases. If a company's asset grows faster than sales, its Asset Turnover will decline, which can be a warning sign.


Nupur Recyclers Asset Turnover Related Terms


Nupur Recyclers Asset Turnover Historical Data

* Premium members only.

The historical data trend for Nupur Recyclers's Asset Turnover 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 Asset Turnover Chart

Nupur Recyclers Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Asset Turnover
Get a 7-Day Free Trial 3.21 2.28 2.35 1.22 1.26

Nupur Recyclers Quarterly Data
Mar21 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Asset Turnover 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 0.26 0.35 0.29 0.35 0.29

NSE:NRL vs WM, RSG, WCN: Asset Turnover Comparison

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

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

* The bar in red indicates where Nupur Recyclers's Asset Turnover falls into.


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

Asset Turnover measures how quickly a company turns over its asset through sales.

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

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Mar. 2026 )/( (Total Assets (A: Mar. 2025 )+Total Assets (A: Mar. 2026 ))/ count )
=2159.397/( (1442.479+1980.051)/ 2 )
=2159.397/1711.265
=1.26

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

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=573.187/( (0+1980.051)/ 1 )
=573.187/1980.051
=0.29

* 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.

Companies with low profit margins tend to have high Asset Turnover, while those with high profit margins have low Asset Turnover. Companies in the retail industry tend to have a very high turnover ratio.

Frequently Asked Questions Learn more about Asset Turnover →
What does a Asset Turnover of 0.29 mean?
Nupur Recyclers (NSE:NRL) has a Asset Turnover of 0.29 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Nupur Recyclers and its competitors.
Is Nupur Recyclers' Asset Turnover too high?
Nupur Recyclers' current Asset Turnover is 0.29. 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' Asset Turnover compare to WM and RSG?
Nupur Recyclers' Asset Turnover of 0.29 can be compared against companies in the Waste Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Asset Turnover for a Waste Management company?
A good Asset Turnover depends on the Waste Management industry context. However, Asset Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Asset Turnover mean?
A high Asset Turnover can signal that a stock is expensive relative to its fundamentals. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Nupur Recyclers and its competitors. Nupur Recyclers's current Asset Turnover is 0.29. 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 ₹76.94, compared to a current price of ₹88.21 — trading 14.6% above its estimated fair value. The current Asset Turnover is 0.29. 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 Asset Turnover calculated?
Asset Turnover is calculated from a company's financial statements. For Nupur Recyclers (NSE:NRL), the current Asset Turnover is 0.29 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 ₹88.21 is trading 14.6% above its estimated GF Value™ of ₹76.94. GuruFocus considers Nupur Recyclers to be Modestly Overvalued.

Key valuation signals for NSE:NRL:

  • Asset Turnover: 0.29
  • GF Value™: ₹76.94 vs. price of ₹88.21 (14.6% above fair value)
  • GF Score™: 78/100 with 8 warning signs

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

₹88.21
Price
₹76.94
GF Value