Date: 12th August, 2026

Financial Performance Summary

Revenue Performance:

  • Q1 FY 2026-27 Total Revenue: ₹8,303.05 Lakh
  • YoY Growth: 56.56% (vs. Q1 FY 2025-26: ₹5,303.29 Lakh)
  • QoQ Growth: 37.31% (vs. Q4 FY 2025-26: ₹6,046.86 Lakh)
  • Full Year FY 2025-26 Revenue: ₹22,661.35 Lakh

Profitability Metrics:

  • Q1 FY 2026-27 EBITDA: ₹1,285.60 Lakh
  • YoY Growth: 111.46% (vs. Q1 FY 2025-26: ₹607.96 Lakh)
  • QoQ Growth: 88.33% (vs. Q4 FY 2025-26: ₹682.63 Lakh)
  • EBITDA Margin: 15.48% (vs. 11.46% YoY and 11.29% QoQ)
  • Full Year FY 2025-26 EBITDA: ₹2,775.11 Lakh
  • Q1 FY 2026-27 PAT: ₹738.57 Lakh
  • YoY Growth: 82.61% (vs. Q1 FY 2025-26: ₹404.45 Lakh)
  • QoQ Growth: 120.61% (vs. Q4 FY 2025-26: ₹334.78 Lakh)
  • PAT Margin: 8.9% (vs. 7.63% YoY and 5.54% QoQ)
  • Full Year FY 2025-26 PAT: ₹1,648.46 Lakh

Operational Highlights

Capacity Expansion:

  • New 4.5-acre Sampla (Haryana) facility for zinc ingots and blended materials under construction
  • Commissioning expected to unlock incremental installed capacity
  • Nupur Extrusion Private Limited (subsidiary) operating at full capacity from Haryana facility

Business Diversification:

  • Frank Metals Recyclers Limited (subsidiary) commenced foray into aluminium extrusion business
  • Investment in extrusion-related machinery and equipment to establish new business vertical
  • Planned investments and capacity expansion in aluminium extrusion segment

Market Position:

  • Catering to solar plant manufacturing and OEM customers
  • Strong secular demand in target segments
  • Multi-geography sourcing network across Europe, USA, UAE and other developed markets

Industry Context

Market Conditions:

  • Tight domestic scrap supply during the quarter
  • Higher LME metal prices supported better realisations
  • Supply chain headwinds in Indian non-ferrous recycling industry due to disruptions in Gulf shipping corridor

Structural Tailwinds:

  • India's transition to circular economy
  • Government focus on Aatmanirbhar Bharat
  • Rising domestic demand for recycled non-ferrous metals across automotive, solar, electrical and industrial end-markets

Management Commentary

Mr. Rajesh Gupta, Chairman & Managing Director, highlighted:

  • Strong Q1 performance driven by higher processing volumes and favourable product mix
  • Differentiated sourcing capabilities enabled effective navigation of metal price volatility
  • Nupur Extrusion's Haryana facility strengthened presence in high-growth end-markets
  • Sampla plant construction progressing well as key driver of incremental capacity
  • Focus on scaling recycling capacity, deepening product portfolio, and strengthening subsidiary contribution
  • Confidence in delivering profitable growth with healthy balance sheet and diversified sourcing base

Subsidiary Contributions

Group-level contribution from subsidiaries is strengthening progressively:

  • Frank Metals Recyclers Limited (formerly Frank Metals Recyclers Private Limited)
  • Tycod Autotech Private Limited
  • Nupur Extrusion Private Limited
  • Eligo Business & Advisory Private Limited
  • Nupur Business & Consulting Private Limited

The company is executing its strategy of building an integrated non-ferrous recycling platform.