# NILE share price (NILE Ltd, NSE: NILE)

> NILE share price: ₹1,551.80 at the NSE close on 7 August 2026, the latest close in our records; down 25.8% in the year to that date. NILE (NSE: NILE) is worth ₹464 crore, trades at a P/E of 9.6 and has closed between ₹1,375.25 and ₹2,006.25 over the past 52 weeks. > NILE Ltd's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. NILE · Recycling · data as of 7 August 2026. Page: https://www.sectoralpha.in/stocks/nile-ltd

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## Key numbers

- Business trend: Slowing from a peak, from the last 12 quarters
- Price: ₹1,551.80 (−25.8% in a year)
- P/E: 9.6× (lower than 55% of the last 6.5 years)
- Revenue (Jun 2026): ₹281 Cr (+14.4% on a year ago)
- Profit (Jun 2026): ₹8.1 Cr (−45.4% on a year ago)
- Operating margin: 3.8% (−5.3 points on a year ago)
- ROCE: 25%, FY26
- ROIC: 15.2%, against a 12.0% cost of capital: +3.2 points

The main question: yearly earnings per share moved +52.1% while the share price moved −25.8%. ## What is the NILE share price? NILE Ltd's share price was ₹1,551.80 at the close on 7 August 2026. It has been rising for 11 weeks. That is 9.8% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹1,375 and ₹2,006, and at that close it sat 28% of the way up from that low. Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 1 week running. Over the last 10 years the share price moved +860% while the NIFTY 500 moved +280%, so it is ahead of the index over that whole period. It was last ahead over 13 weeks in the week of 31 July 2026. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What changed at NILE this quarter? Three changes stood out: profit fell in the June 2026 quarter, lowest operating margin in 15 quarters and revenue up on a year earlier for 4 quarters in a row. 1. Profit fell in the June 2026 quarter Profit was ₹8 crore, -45.4% on a year earlier (₹15 crore), after 5 quarters of growth. 2. Lowest operating margin in 15 quarters Operating margin was 3.8% in the June 2026 quarter, against 9.1% a year earlier. 3. Revenue up on a year earlier for 4 quarters in a row In the June 2026 quarter revenue was ₹281 crore, +14.4% on a year earlier. ## What are NILE's latest quarterly results? For April to June 2026 (the quarter ended 30 June 2026), NILE reported revenue of ₹281 crore, up 14.4% from ₹245 crore a year earlier, and a profit of ₹8.14 crore, down 45.4% from ₹14.9 crore. ### NILE results: April to June 2026 against a year earlier

| Measure | April to June 2026 | April to June 2025 | Change |
| --- | --- | --- | --- |
| Revenue | ₹281 crore | ₹245 crore | +14.4% |
| Profit | ₹8.14 crore | ₹14.9 crore | −45.4% |
| Earnings per share | ₹27.22 | ₹49.70 | −45.2% |
| Operating margin | 3.8% | 9.1% | −5.3 points |

The next results, for July to September 2026, are due by 14 November 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter). (From the company's reported quarterly results (quarter ended 30 June 2026). Revenue and profit in ₹ crore.)

## What is the NILE share price history? NILE closed at ₹1,551.80 on 7 August 2026, down 25.8% from ₹2,091.15 a year earlier (8 August 2025) and up 126.2% over five years. Its highest weekly close since March 2016 was ₹2,720.75 on 23 August 2024. ### NILE share price: then and now

| When | Close | Change to 7 Aug 2026 |
| --- | --- | --- |
| 1 week ago · 31 Jul 2026 | ₹1,871.50 | −17.1% |
| 1 month ago · 10 Jul 2026 | ₹1,926.95 | −19.5% |
| 6 months ago · 6 Feb 2026 | ₹1,501.05 | +3.4% |
| 1 year ago · 8 Aug 2025 | ₹2,091.15 | −25.8% |
| 3 years ago · 4 Aug 2023 | ₹841.65 | +84.4% |
| 5 years ago · 6 Aug 2021 | ₹685.90 | +126.2% |
| 10 years ago · 5 Aug 2016 | ₹213.15 | +628.0% |
| Earliest weekly close in our records · 11 Mar 2016 | ₹161.60 | +860.3% |
| Highest weekly close since March 2016 · 23 Aug 2024 | ₹2,720.75 | −43.0% |
| Lowest weekly close since March 2016 · 8 Apr 2016 | ₹158.90 | +876.6% |
| 52-week high (weekly close) · 5 Sep 2025 | ₹2,006.25 | −22.7% |
| 52-week low (weekly close) · 23 Jan 2026 | ₹1,375.25 | +12.8% |

Weekly closing prices. Each change is the move from that price to the 7 Aug 2026 close. A day's intraday high or low can go beyond these weekly closes. (546 weekly closes from 11 March 2016 to 7 August 2026.)

## What is the latest news on NILE? 7 Aug 2026: NILE closed at ₹1,551.80, down 17.1% on the week and down 19.5% on the month. Results for April to June 2026: Revenue up 14.4% and profit down 45.4% on a year earlier. ## What dividend does NILE pay? The NSE corporate-actions record has no dividend for NILE since 1 April 2021, so this page cannot show amounts per share. Yes. NILE Ltd paid out 3% of its profit as dividends in FY26, and it paid a dividend in each of its last 7 reported years. (From the NSE corporate-actions record, read 4 November 2026.)

## What did NILE management say on the latest results call? NILE's management made 0 promises we could check against what it later reported. (Our read after the January to March 2026 results, written 31 May 2026. The April to June 2026 results are out since, so this part may be out of date until we update it.)

## What is the future of NILE? What is changing in the business? What is changing at NILE, from the latest results and calls: regulatory tailwind: battery waste management rules 2022, lithium-ion recycling optionality (nile li-cycle pvt ltd) and operating leverage from capacity utilization headroom. - Regulatory Tailwind: Battery Waste Management Rules 2022. India's BWM Rules mandate 70% recovery by FY25 and 90% by FY27, informal recyclers face crackdowns, channeling scrap to licensed operators like NILE. ⚠ estimate
- Lithium-Ion Recycling Optionality (Nile Li-Cycle Pvt Ltd). ₹60 Cr two-phase Li-Cycle subsidiary goals first commercial year FY27; Phase 2 commissioning date unconfirmed as of May 2026. ⚠ estimate
- Operating Leverage from Capacity Utilization Headroom. 70-75% utilization of 120,000 TPA means revenue growth to ~₹1,300+ Cr is achievable without capital spending, but only if volumes last. ⚠ estimate

We check 16 kinds of change in every company, such as costs spread over more sales, higher-value products, new orders, new regions or falling debt, against its reported numbers and what management said on its calls. Only changes the numbers back are shown. (Our read after the January to March 2026 results, written 31 May 2026. The April to June 2026 results are out since, so this part may be out of date until we update it.)

## What is NILE's order book? Gravita India operates a recycling facility approximately 70 km from NILE's Tirupati plant, competing for AREML order book. ⚠ estimate

(Our read after the January to March 2026 results, written 31 May 2026. The April to June 2026 results are out since, so this part may be out of date until we update it.)

## What could change the NILE story? What are the risks? AREML self-supply could compress NILE's anchor order book by up to 25-30%. ### The main risks

- Amara Raja backward integration (structural volume ceiling): AREML self-supply could compress NILE's anchor order book by up to 25-30%. ⚠ estimate
- Commodity margin fragility (LME lead price): 80%+ of COGS is lead scrap (input cost) priced to LME; contracts reset LME + premium, giving revenue visibility but not margin stability. ⚠ estimate
- Competitor pressure from Gravita India: Gravita India operates a plant ~70 km from NILE's Tirupati unit, competes for AREML volumes, and operates at higher margins with global scale. ⚠ estimate
- Governance and promoter alignment: Analyst coverage flags high promoter pay and related-party deposits (~₹12 Cr); family-run board structure limits independent oversight. ⚠ estimate

(Our read after the January to March 2026 results, written 31 May 2026. The April to June 2026 results are out since, so this part may be out of date until we update it.)

## What to watch in NILE's next results? When NILE reports July to September 2026, these are the 5 checks that show whether the story is still on course. First: AREML volume off-take from NILE in H1 FY27 vs H1 FY26. | What to check | Why |
| --- | --- |
| AREML volume off-take from NILE in H1 FY27 vs H1 FY26. | Amara Raja backward integration (structural volume ceiling) |
| LME lead price vs quarterly operating margin trend. | Commodity margin fragility (LME lead price) |
| Gravita's disclosed market share gains from AREML. | Competitor pressure from Gravita India |
| Any public announcement of Phase 2 commissioning or first commercial Li-Cycle revenue. | Li-Cycle Phase 2 commissioning delay |
| Annual report disclosures on related-party transactions and remuneration vs profit. | Governance and promoter alignment |

## Which stock lists is NILE on? NILE is not on any of our India lists this week. ## Is NILE profitable? NILE Ltd earned ₹8.1 Cr of net profit in the Jun 2026 quarter, −45.4% on the same quarter a year earlier. Full-year FY26 profit was ₹55.0 Cr. Over 6 years profit has grown 30.8% a year on average. That is 2.9% of the quarter's revenue. The same quarter a year earlier earned ₹14.9 Cr. For the full year, FY26 profit was ₹55.0 Cr (+52.8% on the year before). Why profit moved: revenue changed +14.4% on a year earlier and the margin moved −5.3 percentage points. Sales did the work while the margin got thinner. On average over the last four quarters, profit changed +20.3% and revenue +17.4%. Profit and revenue are moving at about the same pace. FY26-Q4. revenue ₹230 Cr and profit ₹14 Cr as reported. FY27-Q1. revenue ₹281 Cr and profit ₹8 Cr as reported. Why-sources: our stock research file (31 May 2026) and the company’s own results for those quarters. ## How much revenue does NILE make, and is it growing? NILE Ltd reported ₹281 Cr of revenue in the Jun 2026 quarter, +14.4% on the same quarter a year earlier. That is the 4th quarter in a row with growth on the year before. Over 6 years it has grown 9.8% a year on average. The last full year, FY26, came in at ₹1,041 Cr. Why this happened. Unorganized recyclers operating without proper licenses are being squeezed out, potentially improving raw material availability for licensed formal players like NILE with ISO 9001:2015 certification and Ramky Enviro partnerships for waste disposal. The last four reported quarters add to ₹1,076 Cr. FY26 revenue was ₹1,041 Cr, +13.2% on the year before. Recent pace: the last four quarters grew +17.4% on average, against 9.8% a year over the longer run, so this year is growing faster than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +17.0%, against +8.0% a year over the last 8 quarters (accelerating); profit over the last 12 months grew +12.0%, against +18.9% a year (rolling over). FY26-Q4. revenue ₹230 Cr and profit ₹14 Cr as reported. FY27-Q1. revenue ₹281 Cr and profit ₹8 Cr as reported. Why-sources: our stock research file (31 May 2026) and the company’s own results for those quarters. ## How much of every ₹100 of sales does NILE keep? NILE Ltd's operating margin was 3.8% in the Jun 2026 quarter, 5.3 percentage points lower than the same quarter a year ago. Its latest full-year margin is the highest it has ever reported. Across 7 years it has been between 3.6% and 7.0%. The latest quarter is within that range. Why this happened. Two plants running at 70-75% utilization leave room for volume growth without additional capital spending. Revenue reached ₹1,041 Cr in FY26 at these utilization levels. If the AREML backward integration risk does not fully materialize and new customers are added (Exide, exports), incremental volume drops to EBIT at high conversion given fixed-cost structure. Why the margin moved: operating margin changed −5.3 percentage points on the year while gross margin changed −3.7 points. So the drop came mostly from the gross margin, which means input costs and prices charged. As noted under valuation: when margins are at a record, every ratio built on profit looks better than usual, so a low multiple can mislead. FY26-Q4. revenue ₹230 Cr and profit ₹14 Cr as reported. FY27-Q1. revenue ₹281 Cr and profit ₹8 Cr as reported. Why-sources: our stock research file (31 May 2026) and the company’s own results for those quarters. ## Is NILE's profit turning into cash? Over the last 3 years, 88% of NILE Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹83.0 Cr of operating cash against ₹55.0 Cr of profit. After ₹16.0 Cr of spending on assets, ₹67.0 Cr was left over as free cash. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why 88% of profit came in as cash: the cash cycle got 48 days shorter between FY21 and FY26, so cash that used to wait in the business now arrives sooner. What to look at next: the bigger use of cash is spending on new assets, at 4.5× depreciation over three years. The next section checks what that spending is building. ## Where does NILE's cash go? NILE Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 75 days in FY26, down from 123 days in FY21. It spent ₹50.0 Cr on assets over the last 3 years. Customers take 30 days to pay, and stock sits for 47 days on average. At FY26 sales of ₹1,041 Cr, each day of that cycle ties up about ₹2.9 Cr, so roughly ₹214 Cr is tied up in the business at any time. FY26: customers took 30 days to pay and stock sat for 47 days, about 1.5 months of sales sitting as stock, for a full cycle of 75 days, shorter than FY21's 123. The full loop: cash goes out to suppliers and production on day 0. Stock sits for 47 days. Customers pay about 30 days after that. Suppliers are paid at 1 days. Together that makes the 75-day cycle. Spending on assets: ₹50.0 Cr over the last 3 years, against ₹11.0 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹25.0 Cr (FY26): assets paid for that are not earning yet. In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns. ## What is NILE's P/E ratio, and how does it compare with its own history? NILE Ltd's P/E is 9.6×, in the middle of its own history: higher than 45% of past readings. Its usual P/E (the middle reading) is 9.8×, over 6.5 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. Keep one thing in mind: margins are the best this company has ever reported. A multiple that looks low against its own past can mislead when profit is at a record. If margins fall back, today's multiple is higher than it looks. Why the multiple is where it is: over the past year earnings per share moved +52.1% while the price moved −25.8%. Earnings did better than the price, which pulled the multiple down within its own range. Where the price move came from: over 5 years the price moved +17.7% a year; about +28.7% a year came from earnings growth and about −11.0 percentage points from the multiple (the market paying less). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple. In short: the multiple is about average against its own past, so the earnings trend underneath matters more than the multiple. ## What growth does the NILE share price assume? Worked out from its price on 27 August 2026, NILE Ltd's share price assumed profit growth of about 2.5% a year. Over the past 6 years its profit actually grew 30.8% a year. Today its P/E is 9.6×, lower than 55% of its own last 6.5 years. This is a one-day reading, taken on 27 August 2026. Every other number on this page, the multiple included, uses the latest price as of 7 August 2026. A higher price assumes more growth and a lower price less, so it changes whenever the price changes, and this page does not update it between measurements. ## Is the NILE business getting better or worse? NILE Ltd's business is slowing from a peak. Profit and EPS growth have slowed sharply (profit growth from +55.2% at its peak to +12.0% now), while ROCE is still 22.5%. This is based on 12 quarters of 4 measures. Why it matters: slowing from a peak is where good stories often end quietly. ## What is the NILE story, and has it been checked? NILE Ltd's story is not scored yet against the checks our research set on 31 May 2026. Where it sits in its own cycle: Not stated in the research file. Still open: AREML self-supply could compress NILE's anchor order book by up to 25-30%. Our read, 31 May 2026. What is proven. What is not proven yet. AREML self-supply could compress NILE's anchor order book by up to 25-30%. The test written in advance. Amara Raja backward integration (structural volume ceiling). Measured by: Amara Raja backward integration (structural volume ceiling) AREML volume off-take from NILE in H1 FY27 vs H1 FY26 by the next result. The test written in advance. Commodity margin fragility (LME lead price). Measured by: Commodity margin fragility (LME lead price) LME lead price vs quarterly OPM trend by the next result. The test written in advance. Competitor pressure from Gravita India. Measured by: Competitor pressure from Gravita India Gravita's disclosed market share gains from AREML by the next result. What the company does. Two Andhra Pradesh plants at 70-75% utilization of 120,000 TPA combined capacity supply >80% of output to Amara Raja Batteries, whose own 150,000 TPA Tamil Nadu recycling plant reached phase-1 operation in late 2024. Nile Li-Cycle Pvt Ltd (₹60 Cr two-phase lithium-ion pilot) goals first commercial year FY27; until proven at scale, this is optionality, not earnings. Lever 14 · A bigger market to serve: building. India's BWM Rules mandate 70% recovery by FY25 and 90% by FY27, informal recyclers face crackdowns, channeling scrap to licensed operators like NILE. What proves it keeps working: Regulatory Tailwind: Battery Waste Management Rules 2022. It stops working if AREML volume off-take from NILE in H1 FY27 vs H1 FY26. Lever 12 · New product launch: building. ₹60 Cr two-phase Li-Cycle subsidiary goals first commercial year FY27; Phase 2 commissioning date unconfirmed as of May 2026. What proves it keeps working: Lithium-Ion Recycling Optionality (Nile Li-Cycle Pvt Ltd). It stops working if AREML volume off-take from NILE in H1 FY27 vs H1 FY26. Lever 1 · Operating leverage: building. 70-75% utilization of 120,000 TPA means revenue growth to ~₹1,300+ Cr is achievable without capex, but only if volumes last. What proves it keeps working: Operating Leverage from Capacity Utilization Headroom. It stops working if AREML volume off-take from NILE in H1 FY27 vs H1 FY26. Sources: our stock research file (31 May 2026) · quarterly results through Jun 2026. The story check is re-scored every results season; the record below never changes. ## What is NILE management's track record? Operationally mixed on disclosure transparency. ### Regulatory and governance record

No SEBI/CBI/ED action or fraud; red-flag hits unrelated entities; one resolved Choutuppal labor disruption. Sources:

- [careratings.com](https://www.careratings.com/upload/CompanyFiles/PR/202506130602_Nile_Limited.pdf)
- [zerodha.com](https://zerodha.com/markets/stocks/BSE/NILE/)
- [trendlyne.com](https://trendlyne.com/equity/share-holding/3261/NILE/latest/nile-ltd/)

(Checked 21 July 2026.)

## How much does NILE earn on its capital? NILE Ltd earned a ROCE of 25% in FY26. That is up from a low of 12% in FY21. Its return on capital used (ROIC) is 3.2 percentage points above its cost of capital, so growth here adds value, not just size. It comes from a 5.3% net margin and 2.94× asset turnover (sales divided by assets). Why the return is what it is (FY26): a 5.3% net margin × 2.94× asset turnover × 1.12× leverage (assets divided by equity) ≈ 17.5% on equity. The margin does its share; borrowing plays a small part, so this return is earned, not borrowed. The key test, return on capital used minus the cost of capital: 15.2% − 12.0% = +3.2 percentage points. The 12.0% is a standard assumption for the cost of capital in India, not an estimate for this company. Read the sign and size of the gap, not the decimals. Positive but thin: it creates value with little room for error. The 15.2% ROIC above is the latest reading, as reported. The yearly chart below shows FY26 at 18.3%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method. ## Does NILE have too much debt? NILE Ltd has total debt of ₹12.0 Cr against shareholder equity of ₹316 Cr as of Jun 2026, so its debt is 0.04× its equity, which is very little. Year by year, that ratio went from 0.28 in FY22 to 0.06 in FY26. So the returns on this page come from the business, not from borrowed money. ## What is the NILE shareholding pattern? No group of NILE Ltd's owners changed its stake by a full percentage point over the last two years. Promoters moved +0.0 points over the same period, to 50.4%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings. Over the last two years: Domestic institutions: +0.3 points over 8 quarters, to 0.3%; Promoters: +0.0 points over 8 quarters, to 50.4%; Foreign institutions: +0.0 points over 8 quarters, to 0.2%. ## How far is NILE from balance-sheet trouble? For NILE Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date. ## How does NILE rank in its industry? 52.5 out of 100, rank 2 of 9 in Recycling, with 76% of the evidence available. NILE Ltd scores 52.5 out of 100 against the 9 companies it is compared with in Recycling, ranking 2. There is no relative-strength reading for this week, so the score is built from earnings, capital efficiency and valuation alone. The three scored parts add up to the total exactly: 15.9 + 17.1 + 19.5 = 52.5 (no relative-strength reading this week; its 20 points are shared across the other three). This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is NILE compared with? NILE ranks 2 of 9 Recycling companies on the 4-Factor Sector Score, with 52.5 out of 100. 1. [Bhagyanagar India Ltd](https://www.sectoralpha.in/stocks/bhagyanagar-india-ltd) BHAGYANGR · Most evidence points up · 69% evidence 72.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 37.0/43.75 · Revenue 49.1% · Profit 100% · Operating margin change 1.7 points · 88% evidence Capital efficiency 16.1/31.25 · ROCE 20.2% · Operating margin 5% · 100% evidence Valuation 19.6/25 · P/E 2.3× · PEG 0.22 · 65% evidence Relative strength: no reading this week · its 20 points are shared across the other three Exact sum: 37 + 16.1 + 19.6 = 72.7 (no relative-strength reading this week; its 20 points are shared across the other three) · What this means: There is no relative-strength reading for this week, so the score is built from earnings, capital efficiency and valuation alone. 2. NILE Ltd this page NILE · Evidence leans up · 76% evidence 52.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 15.9/43.75 · Revenue 17% · Profit 12.1% · Operating margin change -5.3 points · 88% evidence Capital efficiency 17.1/31.25 · ROCE 25.3% · Operating margin 3.8% · 100% evidence Valuation 19.5/25 · P/E 9.6× · PEG 0.18 · 100% evidence Relative strength: no reading this week · its 20 points are shared across the other three Exact sum: 15.9 + 17.1 + 19.5 = 52.5 (no relative-strength reading this week; its 20 points are shared across the other three) · What this means: There is no relative-strength reading for this week, so the score is built from earnings, capital efficiency and valuation alone. 3. [Pondy Oxides & Chemicals Ltd](https://www.sectoralpha.in/stocks/pondy-oxides-chemicals-ltd) POCL · basing · Evidence leans up · 96% evidence 52.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 26.0/35 · Revenue 48.5% · Profit 100% · Operating margin change -1 points · 88% evidence Capital efficiency 15.8/25 · ROCE 23.4% · Operating margin 6% · 100% evidence Valuation 9.3/20 · P/E 21.2× · PEG 2.57 · 100% evidence Relative strength 1.1/20 · Lead over its industry -20.2% · Lead over NIFTY 500 -17% · 1 year -27.6% · 100% evidence · 0 of 12 weeks ahead Exact sum: 26 + 15.8 + 9.3 + 1.1 = 52.2 · What this means: Earnings are strong; relative strength in its sector is -20.2% and the one-year return is -27.6%. 4. [Eco Recycling Ltd](https://www.sectoralpha.in/stocks/eco-recycling-ltd) ECORECO · quiet · Evidence leans up · 63% evidence 52.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 12.8/35 · Revenue 31.9% · Profit 3.2% · Operating margin change 1.5 points · 83% evidence Capital efficiency 19.4/25 · ROCE 30.8% · Operating margin 56.3% · 76% evidence Valuation 9.7/20 · P/E 32.8× · PEG n/a · 50% evidence Relative strength 10.1/20 · Lead over its industry n/a · Lead over NIFTY 500 -2.7% · 1 year -32.4% · 25% evidence · 0 of 5 weeks ahead Exact sum: 12.8 + 19.4 + 9.7 + 10.1 = 52 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 5. [Jain Resource Recycling Ltd](https://www.sectoralpha.in/stocks/jain-resource-recycling-ltd) JAINREC · basing · Evidence leans down · 83% evidence 48.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 20.4/35 · Revenue 65.3% · Profit 62.2% · Operating margin change -2 points · 88% evidence Capital efficiency 15.0/25 · ROCE 25.7% · Operating margin 4% · 100% evidence Valuation 9.2/20 · P/E 25.6× · PEG 1.83 · 65% evidence Relative strength 3.5/20 · Lead over its industry -27.8% · Lead over NIFTY 500 -24.3% · 1 year -30.1% · 70% evidence · 0 of 12 weeks ahead Exact sum: 20.4 + 15 + 9.2 + 3.5 = 48.1 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 6. [Ganesha Ecosphere Ltd](https://www.sectoralpha.in/stocks/ganesha-ecosphere-ltd) GANECOS · quiet · Evidence leans down · 76% evidence 47.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 17.0/35 · Revenue 19.1% · Profit 30.8% · Operating margin change 6 points · 74% evidence Capital efficiency 8.5/25 · ROCE 5.6% · Operating margin 12% · 100% evidence Valuation 10.0/20 · P/E 31.5× · PEG 0.43 · 100% evidence Relative strength 12.0/20 · Lead over its industry n/a · Lead over NIFTY 500 10.9% · 1 year -18.1% · 25% evidence · 6 of 12 weeks ahead Exact sum: 17 + 8.5 + 10 + 12 = 47.5 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 7. [Antony Waste Handling Cell Ltd](https://www.sectoralpha.in/stocks/antony-waste-handling-cell-ltd) AWHCL · quiet · Evidence leans down · 63% evidence 40.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 9.8/35 · Revenue 11.8% · Profit -32% · Operating margin change -8 points · 83% evidence Capital efficiency 10.7/25 · ROCE 11.2% · Operating margin 14.3% · 76% evidence Valuation 12.5/20 · P/E 13.4× · PEG n/a · 50% evidence Relative strength 7.5/20 · Lead over its industry n/a · Lead over NIFTY 500 -35.3% · 1 year -49.2% · 25% evidence · 0 of 12 weeks ahead Exact sum: 9.8 + 10.7 + 12.5 + 7.5 = 40.5 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 8. [Gravita India Ltd](https://www.sectoralpha.in/stocks/gravita-india-ltd) GRAVITA · basing · Evidence leans down · 100% evidence 39.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 15.5/35 · Revenue 23.9% · Profit 9.7% · Operating margin change -1 points · 100% evidence Capital efficiency 11.7/25 · ROCE 16.2% · Operating margin 9% · 100% evidence Valuation 6.0/20 · P/E 25.7× · PEG 1.99 · 100% evidence Relative strength 6.4/20 · Lead over its industry -14.6% · Lead over NIFTY 500 -11.2% · 1 year -16.7% · 100% evidence · 3 of 12 weeks ahead Exact sum: 15.5 + 11.7 + 6 + 6.4 = 39.6 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 9. [Namo eWaste Management Ltd](https://www.sectoralpha.in/stocks/namo-ewaste-management-ltd) NAMOEWASTE · leader · Too little evidence to rank firmly · 47% evidence 62.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 19.4/35 · Revenue n/a · Profit n/a · Operating margin change 3 points · 15% evidence Capital efficiency 14.9/25 · ROCE 21.3% · Operating margin 11% · 75% evidence Valuation 8.5/20 · P/E 54.2× · PEG n/a · 15% evidence Relative strength 20.0/20 · Lead over its industry 52% · Lead over NIFTY 500 55.4% · 1 year 85.5% · 100% evidence · 11 of 12 weeks ahead Exact sum: 19.4 + 14.9 + 8.5 + 20 = 62.8 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Recycling](https://www.sectoralpha.in/sectors/recycling), all 9 compared on one page. ## Which companies are close to NILE in size? NILE is the 8th largest of 9 Recycling companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: Pondy Oxides & Chemicals, Ganesha Ecosphere, Eco Recycling, Antony Waste Handling Cell and Namo eWaste Management. Just below it: Bhagyanagar India. ### Recycling companies close in size

1. [Pondy Oxides & Chemicals Ltd](https://www.sectoralpha.in/stocks/pondy-oxides-chemicals-ltd) ₹3,033 crore
2. [Ganesha Ecosphere Ltd](https://www.sectoralpha.in/stocks/ganesha-ecosphere-ltd) ₹2,678 crore
3. [Eco Recycling Ltd](https://www.sectoralpha.in/stocks/eco-recycling-ltd) ₹789 crore
4. [Antony Waste Handling Cell Ltd](https://www.sectoralpha.in/stocks/antony-waste-handling-cell-ltd) ₹785 crore
5. [Namo eWaste Management Ltd](https://www.sectoralpha.in/stocks/namo-ewaste-management-ltd) ₹778 crore
6. NILE Ltd ₹464 crore
7. [Bhagyanagar India Ltd](https://www.sectoralpha.in/stocks/bhagyanagar-india-ltd) ₹146 crore

[All 9 Recycling companies, largest first](https://www.sectoralpha.in/sectors/recycling#all-companies)

### Companies close in size in other industries

1. [Concord Enviro Systems Ltd](https://www.sectoralpha.in/stocks/concord-enviro-systems-ltd) ₹465 crore · Pollution Control Equipment
2. [GP Eco Solutions India Ltd](https://www.sectoralpha.in/stocks/gp-eco-solutions-india-ltd) ₹464 crore · Electric Equipment - General
3. NILE Ltd ₹464 crore
4. [Raksan Transformers Ltd](https://www.sectoralpha.in/stocks/raksan-transformers-ltd) ₹464 crore
5. [Kavveri Defence & Wireless Technologies Ltd](https://www.sectoralpha.in/stocks/kavveri-defence-wireless-technologies-ltd) ₹463 crore

## What else do people ask about NILE? ### What were NILE's latest quarterly results? NILE Ltd reported revenue of ₹281 Cr and net profit of ₹8.1 Cr for the Jun 2026 quarter. Revenue rose 14.4% and profit fell 45.4% compared with a year earlier. Earnings per share were ₹27.22. The operating margin was 3.8%, 5.3 percentage points lower than a year earlier (as of 7 August 2026). ### What is NILE's market cap? NILE Ltd's market capitalisation is ₹464 Cr at a share price of ₹1,551.80. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 7 August 2026). ### How is NILE performing? NILE Ltd's share price has been rising for 11 weeks. In its latest quarter, revenue rose 14.4% and profit fell 45.4% compared with a year earlier. Over the past 13 weeks it has done worse than the NIFTY 500, for 1 week running (as of 7 August 2026). ### Will NILE's share price go up? This page does not forecast NILE Ltd's share price. What it shows instead: the share price is ₹1,551.80, and it has been rising for 11 weeks. Its P/E of 9.6× is higher than 45% of its own last 7 years (as of 7 August 2026). ### Does NILE have too much debt? No, NILE Ltd has little debt: its debt is 0.04× its equity, and its operating profit is 39 times its interest bill. FY26 borrowings were ₹12.0 Cr against equity of ₹316 Cr. So the returns on this page come from the business, not borrowed money (as of 7 August 2026). ### Where is NILE in its business cycle? NILE Ltd's FY26 operating margin was 7.0%, against a 7-year range of 3.6% to 7.0%: the top of its range, a record year. When profit is at a record, every ratio looks better than usual, and the story depends on margins staying high. The latest quarter was 3.8%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 7 August 2026). ### What could break the NILE story? The main question: yearly earnings per share moved +52.1% while the share price moved −25.8%. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 7 August 2026). ### Is NILE a stock worth studying right now? What the numbers show: NILE Ltd's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. The main open question: whether the price catches up with earnings that have already grown. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 7 August 2026). ### Is there a NILE share price forecast for 2026? What is changing at NILE, from the latest results and calls: regulatory tailwind: battery waste management rules 2022, lithium-ion recycling optionality (nile li-cycle pvt ltd) and operating leverage from capacity utilization headroom. What would change the story: AREML self-supply could compress NILE's anchor order book by up to 25-30%. ### Where does this page get NILE's management information? From NILE's results calls, its filings and public records on governance, each dated on the page. Management’s plans are shown as plans, never as results. This is research, not advice. We’re not SEBI-registered.