Nupur Recyclers Reports Strong Growth in Q4, Bolsters Portfolio with Tycod Autotech Acquisition

Nupur Recyclers Reports Strong Growth in Q4, Bolsters Portfolio with Tycod Autotech Acquisition​

Nupur Recyclers Limited announced its financial results for the quarter and year ended March 2026, highlighting continued growth across its operations and strategic expansion into diversified manufacturing segments.

The company reported strong financial performance, with significant growth noted in total income and profitability compared to the previous year.

Quarterly Financial Performance​

For the quarter ended March 2026, the financial highlights show robust growth compared to the corresponding period of the previous year.

Strategic Expansion and Acquisitions​

In a major move to enhance its market presence, the Company acquired a 51% stake in M/s Tycod Autotech Private Limited during the financial year. This acquisition was completed at an enterprise value of approximately ₹2,400 Lakhs. Tycod Autotech, which manufactures auto components, currently supplies products to major clients including Tata Motors Limited, Rudrapur, Multitech Auto Private Limited, Sundaram Fasteners Limited, and Interpump Hydraulics India Private Limited.

Nupur Recyclers Limited is further enhancing its operational footprint through multiple ventures:

• Nupur Extrusion Private Limited: The subsidiary commenced operations at its new manufacturing facility in Haryana. Following successful trial runs over the last three months, the facility started operating at full capacity from January 2026. The unit is positioned to cater to leading businesses involved in solar plant manufacturing and OEM operations.
• Frank Metals Recycling Limited: This unit has begun manufacturing extrusion products in various sizes, which is expected to contribute positively to the company's sales and profitability.
• New Plant Development: To boost the production capacity of zinc ingots and other blended materials, Nupur Recyclers Limited purchased approximately 4.5 acres of land at Sampla, Haryana. Construction for the factory building has already commenced, with the company aiming to operationalize the plant during the fiscal year 2026-27.

Management Viewpoint​

Rajesh Gupta, Managing Director of Nupur Recyclers Limited, stated that the strong quarterly performance reflects the success of operational efficiency initiatives and strategic growth plans. He added that the acquisition of Tycod Autotech Private Limited represents a transformative step towards forward integration and entry into the auto components manufacturing segment. He noted this strategic move will complement the core recycling operations, create new revenue streams, and position the Group for sustained, diversified growth.

Nupur Recyclers Limited, which operates as a leading importer, trader, and processor of ferrous and non-ferrous metal scraps, remains committed to sustainable practices. The company notes that the metal recycling industry in India is experiencing strong growth, driven by increased demand for recycled materials and growing sustainability initiatives, positioning NRL to leverage these trends through investments in cutting-edge recycling technologies and entry into the auto components manufacturing sector.

NRL Stock Price Movement​

Nupur Recyclers Limited shares today slipped by 0.32% to settle at ₹52.61, shedding ₹0.17 from previous closing levels. The stock traded on a volume of 23,617 shares, contributing to the day's movement.