Sunlite Recycling Industries Ltd
Founded in 2012, Sunlite Recycling Industries manufactures copper rods, wires, conductors, and earthing materials from recycled copper scrap.[1]
- Market Cap ₹ 315 Cr.
- Current Price ₹ 289
- High / Low ₹ 289 / 91.0
- Stock P/E 14.6
- Book Value ₹ 68.4
- Dividend Yield 0.00 %
- ROCE 36.1 %
- ROE 36.0 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Industrials Capital Goods Industrial Products Aluminium, Copper & Zinc Products
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|
| 1,150 | 1,166 | 1,397 | 1,882 | |
| 1,136 | 1,148 | 1,373 | 1,848 | |
| Operating Profit | 14 | 19 | 24 | 34 |
| OPM % | 1% | 2% | 2% | 2% |
| 0 | 0 | 0 | 0 | |
| Interest | 5 | 5 | 3 | 2 |
| Depreciation | 2 | 2 | 2 | 3 |
| Profit before tax | 8 | 12 | 19 | 29 |
| Tax % | 26% | 25% | 26% | |
| 6 | 9 | 14 | 22 | |
| EPS in Rs | 112.00 | 11.18 | 13.12 | 19.81 |
| Dividend Payout % | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 57% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 82% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 80% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | 36% |
Balance Sheet
Figures in Rs. Crores
| Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|
| Equity Capital | 0.50 | 8 | 11 | 11 |
| Reserves | 3 | 11 | 49 | 63 |
| 46 | 35 | 9 | 23 | |
| 22 | 8 | 25 | 48 | |
| Total Liabilities | 72 | 61 | 94 | 145 |
| 14 | 12 | 15 | 18 | |
| CWIP | 0 | 0 | 2 | 0 |
| Investments | 0 | 0 | 0 | 0 |
| 58 | 49 | 78 | 127 | |
| Total Assets | 72 | 61 | 94 | 145 |
Cash Flows
Figures in Rs. Crores
| Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|
| 2 | 11 | 8 | |
| -3 | -2 | -6 | |
| 3 | -11 | -2 | |
| Net Cash Flow | 2 | -2 | -0 |
Ratios
Figures in Rs. Crores
| Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|
| Debtor Days | 4 | 4 | 5 |
| Inventory Days | 13 | 10 | 12 |
| Days Payable | 5 | 0 | 4 |
| Cash Conversion Cycle | 11 | 14 | 13 |
| Working Capital Days | 3 | 3 | 12 |
| ROCE % | 32% | 36% |
Documents
Announcements
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Analysts/Institutional Investor Meet/Con. Call Updates
29 November 2025 - Investor meeting rescheduled to 04-Dec-2025 01:00–02:00 IST (virtual).
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Analysts/Institutional Investor Meet/Con. Call Updates
26 November 2025 - Virtual investor/analyst meeting on 05 December 2025, 12:00–13:00 IST at Samruddhi'2025 conference.
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Copy of Newspaper Publication
25 November 2025 - Corrigendum for EGM on 06 Dec 2025 published in newspapers on 25 Nov 2025.
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Corrigendum
24 November 2025 - Corrigendum: preferential issue 30,38,648 shares at INR207; VWAP corrected to INR182.27; EGM Dec 06, 2025.
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Analysts/Institutional Investor Meet/Con. Call Updates
19 November 2025 - H1 FY26 earnings call: H1 revenue INR11,022.31 crore, PAT INR14.34 crore; 62.9 crore preferential issue; INR40 crore CapEx till FY28.
Annual reports
Concalls
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Nov 2025Transcript PPT
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Jun 2025TranscriptNotesPPT
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Oct 2024TranscriptNotesPPT
Business Profile[1] Co. manufactures copper rods & wires, copper earthing wires, copper earthing strips, copper conductors, copper wire bars, etc. through recycling of copper scrap, which has electrical and mechanical properties suitable for applications in power generation, transmission, distribution, and electronic industries.