Nupur Recyclers Share Price Target 2027: Base and Bull Targets Built on FY26 Earnings
- October 9, 2026
- Posted by: Lakshit Sharma
- Category: Market
Nupur Recyclers share price Rs 158.00 (9 October 2026). Base target Rs 190, bull Rs 229, downside risk Rs 127. PE 55.37. 52W range Rs 45.10 to Rs 167.26.
Quick Answer
The Nupur Recyclers share price target for 2027 is Rs 190, about 20.3% above the current price of Rs 158.00. The bull case is Rs 229, and the downside risk level, which is not a target, is Rs 127. The base case assumes earnings per share grow 20.0% a year, a cap applied because the FY24 to FY26 pace was 40.1%, with the stock holding its PE of 55.37. These are model-based estimates built from reported financials, not guaranteed outcomes.
Investors weighing a Nupur Recyclers target price for 2027 should start with where the stock sits today. At Rs 158.00 on 9 October 2026, it is 5.5% below its 52-week high of Rs 167.26 and 250.3% above its 52-week low of Rs 45.10. That range spans 271% from low to high, so the entry point matters as much as the Nupur Recyclers price forecast itself.
This article builds the Nupur Recyclers share price target from reported numbers only: four years of annual results, the last five quarters, the latest shareholding pattern and current valuation ratios from company filings and exchange data. Each scenario shows its assumptions, so you can see exactly how the Rs 190 base case and the Rs 229 bull case were reached, along with a downside risk level of Rs 127.
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Nupur Recyclers Stock Analysis: Company Overview and Key Stats
Nupur Recyclers (NSE: NRL) has a market capitalisation of Rs 1,098 crore. In FY26 it reported revenue of Rs 226.61 crore and net profit of Rs 16.48 crore. The table collects the figures the Nupur Recyclers share price target is built on.
| Metric | Value |
|---|---|
| Company | Nupur Recyclers |
| NSE Ticker | NRL |
| CMP (9 October 2026) | Rs 158.00 |
| 52-Week High | Rs 167.26 |
| 52-Week Low | Rs 45.10 |
| Market Cap | Rs 1,098 crore |
| PE Ratio (TTM) | 55.37 |
| Industry PE | 54.60 |
| Price to Book | 8.18 |
| Return on Equity | 10.60% |
| Debt to Equity | 0.25 |
| EPS (TTM) | Rs 2.87 |
| Dividend Yield | 0.00% |
| 12-Month Base Target | Rs 190 |
| Bull Case | Rs 229 |
| Downside Risk Level (not a target) | Rs 127 |
Why Is Nupur Recyclers Share Price Target Set at Rs 190 for 2027?
The base-case Nupur Recyclers stock target of Rs 190 applies a PE multiple of 55.37 to a forward EPS estimate of Rs 3.44. That EPS assumes 20.0% yearly growth, the pace from FY24 to FY26, and puts the target 20.3% above the current price. The bull case adds faster earnings growth and a higher multiple, while the downside risk level assumes flat earnings and a lower multiple.
Earnings Growth Behind the Nupur Recyclers Target Price: Four Years of Results
Nupur Recyclers grew revenue from Rs 193.40 crore in FY23 to Rs 226.61 crore in FY26, a compound annual growth rate of 5.4%. Net profit grew more slowly, from Rs 14.99 crore to Rs 16.48 crore (3.2% a year), which points to margin pressure alongside the sales growth.
| Financial Year | Revenue (Rs Cr) | Net Profit (Rs Cr) | EPS (Rs) | Dividend per Share (Rs) |
|---|---|---|---|---|
| FY23 | 193.40 | 14.99 | 2.67 | 0.00 |
| FY24 | 246.19 | 8.62 | 1.05 | 0.00 |
| FY25 | 167.69 | 16.27 | 2.11 | 0.00 |
| FY26 | 226.61 | 16.48 | 2.06 | 0.00 |
FY26 revenue growth was 35.1%, faster than the three-year average of 5.4%, and net profit moved up 1.3%. EPS rose from Rs 1.05 in FY24 to Rs 2.06 in FY26. The FY27 outlook depends on whether that EPS estimate keeps compounding.
Margins and the Latest Quarter
Nupur Recyclers converted 7.3% of FY26 revenue into net profit, against 9.7% in FY25, within a four-year range of 3.5% to 9.7%. EBITDA margin was 12.2% in FY26 versus 14.9% in FY25.
In the June 2026 quarter, revenue was Rs 83.03 crore, up 56.5% from the same quarter a year earlier, while net profit of Rs 7.39 crore was up 82.9%. EBITDA came in at Rs 12.86 crore, up 111.5% year on year. The next quarterly result is the first test of whether the earnings assumption holds.
Balance Sheet and Cash Flow
Debt to equity stands at 0.25, and shareholders’ equity grew from Rs 81.22 crore in FY23 to Rs 147.02 crore in FY26. Operating cash flow in FY26 was Rs 18.31 crore against capital expenditure of Rs 17.39 crore, leaving free cash flow of Rs 0.92 crore, or 0.1% of the current market capitalisation. In FY25 free cash flow was negative at Rs 23.02 crore, so cash generation has not been steady year to year.
Valuation Check for the Nupur Recyclers Stock Target: PE, Price to Book and ROE
At a PE of 55.37 against an industry PE of 54.60, Nupur Recyclers trades in line with its industry. Price to book is 8.18 on a book value of Rs 19.42 per share, and return on equity is 10.60%. A PE of 55.37 equals an earnings yield of 1.8%, and the FY26 dividend of Rs 0.00 per share gives a yield of 0.00%.
Shareholding Pattern and Institutional Holding
Promoters held 73.61% of Nupur Recyclers in June 2026, and promoter holding rose from 72.88% in July 2025 to 73.61% in June 2026. Foreign institutional investors (FII) held 0.41% and domestic institutions (DII) held 0.00%, which puts total institutional holding at 0.41%. FII holding rose from 0.07% in July 2025 to 0.41% in June 2026. Public shareholders own the remaining 25.99%. Institutional holding this low means the stock sees limited professional coverage, and price moves can be sharper when trading volumes are thin.
Nupur Recyclers Share Price Targets for the Short Term and 12 Months
Short Term Nupur Recyclers Stock Target Levels: Technical Setup
At Rs 158.00 on 9 October 2026, Nupur Recyclers trades above its 50-day simple moving average of Rs 132.11 and above its 200-day exponential moving average of Rs 96.00. The 14-day RSI reads 67.5, which is neutral territory, and the MACD line sits below its signal line. The nearest resistance level is Rs 167.26 (52-week high) and the nearest support is Rs 132.11 (50-day simple moving average). A sustained move above Rs 167.26 would improve the short-term setup, while a close below Rs 132.11 would shift attention to the next support.
12 Month Nupur Recyclers Target Price for 2027
The 12-month target for Nupur Recyclers is Rs 190: forward EPS of Rs 3.44 at a PE of 55.37. That is 20.3% above Rs 158.00. It would also push the stock above its 52-week high of Rs 167.26.
How EPS Growth and PE Multiple Change the Nupur Recyclers Target Price
| EPS Growth | PE 44.30 | PE 55.37 | PE 63.68 |
|---|---|---|---|
| 0.0% (EPS Rs 2.87) | Rs 127 | Rs 159 | Rs 183 |
| 20.0% (EPS Rs 3.44) | Rs 152 | Rs 190 | Rs 219 |
| 25.0% (EPS Rs 3.59) | Rs 159 | Rs 199 | Rs 229 |
Each cell multiplies the forward EPS estimate by the PE shown. Reading across a row shows what a de-rating or re-rating does to the Nupur Recyclers price forecast, and reading down a column shows what earnings growth is worth at a fixed multiple.
Bull Case and Downside Risk for Nupur Recyclers Stock Target in 2027
Bull Case Rs 229
The bull case Nupur Recyclers price target needs EPS growth of 25.0%, which lifts forward EPS to Rs 3.59, and a PE multiple that rises 15% to 63.68. That gives Rs 229, 44.9% above the current price and above the 52-week high of Rs 167.26, so the stock would have to set a fresh 52-week high.
Downside Risk Level Rs 127
The downside risk level is not a target. It assumes EPS stays flat at Rs 2.87 and the PE falls 20% to 44.30. That gives Rs 127, 19.6% below the current price and above the 52-week low of Rs 45.10.
| Scenario | EPS Growth | PE Multiple | Price (Rs) | Change vs CMP |
|---|---|---|---|---|
| Bull Case | 25.0% | 63.68 | Rs 229 | +44.9% |
| Base Case | 20.0% | 55.37 | Rs 190 | +20.3% |
| Downside Risk | 0.0% | 44.30 | Rs 127 | -19.6% |
Key Risks to the Nupur Recyclers Target Price for 2027
Growth Slowdown Risk for the Nupur Recyclers Price Target
Revenue in the June 2026 quarter was up 56.5% year on year, and FY26 revenue growth was 35.1%. If growth slows from here, the EPS estimate behind the Nupur Recyclers stock target will need revising.
Liquidity and Size Risk
Nupur Recyclers has a market capitalisation of Rs 1,098 crore. Institutional holding is 0.41%, and promoters hold 73.61%. Stocks of this size can move sharply on small volumes, and exits can take longer than entries.
Valuation and Margin Risk
Net margin was 7.3% in FY26, so a small slip in costs moves profit noticeably. At a PE of 55.37 versus an industry PE of 54.60, a de-rating toward the downside-risk PE of 44.30 would cut the price even if earnings hold.
Market and Technical Risk
The stock trades 5.5% below its 52-week high, with an RSI of 67.5 and a MACD reading below its signal line. Broader market weakness can override company fundamentals in the short term.
How to Invest in Nupur Recyclers
Start with the live price and volume. Any Nupur Recyclers share price target is only as current as the data behind it, and the data here is as of 9 October 2026, so refresh the Rs 158.00 price before acting on any level.
Next, review the fundamentals yourself. The Univest Screener lets you check Nupur Recyclers’ PE, ROE, debt and shareholding in one place.
Check Nupur Recyclers fundamentals on the Univest Screener
Then compare the three Nupur Recyclers target price scenarios with your own view. If you expect EPS growth below 20.0%, the base case is too optimistic for you; if you expect more, the bull case deserves weight.
Decide your position size and exit levels before you buy. The support and resistance levels above can serve as reference points, but they are not recommendations.
Finally, place the order through a SEBI-registered broker or the Univest app, and review the position after each quarterly result. Consult a SEBI-registered advisor if you are unsure.
Download the Univest iOS App or Univest Android App to track Nupur Recyclers live price and get daily stock recommendations.
Conclusion
The Nupur Recyclers share price target for 2027 is Rs 190 in the base case, with Rs 229 as the bull case. The support for that view is arithmetic you can check: EPS grew 40.1% a year over FY24 to FY26, and the stock trades at a PE of 55.37. The risks are equally concrete, including institutional holding of only 0.41% and a downside scenario that cuts the price 20% if earnings stall. Use these numbers as a framework, check them against the latest filings, and size any position to your own risk appetite.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
FAQs on Nupur Recyclers Share Price Target 2027
What is the Nupur Recyclers share price target for 2027?
Ans. The base-case Nupur Recyclers share price target for 2027 is Rs 190, with Rs 229 as the bull case. The downside risk level, which is not a target, is Rs 127. These are model estimates from reported earnings and the current PE, not guaranteed outcomes.
What is the Nupur Recyclers share price today?
Ans. As of 9 October 2026, 3:30 PM IST, Nupur Recyclers trades at Rs 158.00, down 0.57% on the day. The 52-week range is Rs 45.10 to Rs 167.26.
Is Nupur Recyclers a buy or sell at the current price?
Ans. The data is mixed rather than one-sided: EPS has grown 40.1% a year over FY24 to FY26, but institutional holding is only 0.41%. Whether Nupur Recyclers fits your portfolio depends on your time horizon and risk appetite, so consult a SEBI-registered advisor before investing. This article is not investment advice.
What are the bull case target and downside risk level for Nupur Recyclers shares?
Ans. The bull case target is Rs 229, which assumes 25.0% EPS growth and a PE of 63.68. The downside risk level is Rs 127, which assumes flat EPS and a PE of 44.30. It marks a risk, not a target.
What are the main risks to the Nupur Recyclers price target?
Ans. The main risks are slower revenue growth, a small market capitalisation of Rs 1,098 crore, a PE de-rating and short-term weakness in the broader market. Institutional holding is only 0.41%, which can make price moves sharper.
What is the PE ratio of Nupur Recyclers and how does it compare with the industry?
Ans. The PE ratio of Nupur Recyclers is 55.37 against an industry PE of 54.60. Price to book is 8.18 and return on equity is 10.60%. The base case in the Nupur Recyclers price target holds this PE constant.
Who owns Nupur Recyclers, and what is the promoter holding?
Ans. Promoters held 73.61% of Nupur Recyclers in June 2026. FII held 0.41%, DII held 0.00% and the public held 25.99%.
What were Nupur Recyclers’ latest quarterly results?
Ans. In the June 2026 quarter, Nupur Recyclers reported revenue of Rs 83.03 crore (up 56.5% year on year) and net profit of Rs 7.39 crore (up 82.9%).