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 ₹ 202 Cr.
- Current Price ₹ 186
- High / Low ₹ 197 / 91.0
- Stock P/E 14.3
- Book Value ₹ 55.2
- 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 | |
|---|---|---|---|
| 1,150 | 1,166 | 1,397 | |
| 1,136 | 1,148 | 1,373 | |
| Operating Profit | 14 | 19 | 24 |
| OPM % | 1% | 2% | 2% |
| 0 | 0 | 0 | |
| Interest | 5 | 5 | 3 |
| Depreciation | 2 | 2 | 2 |
| Profit before tax | 8 | 12 | 19 |
| Tax % | 26% | 25% | 26% |
| 6 | 9 | 14 | |
| EPS in Rs | 112.00 | 11.18 | 13.12 |
| Dividend Payout % | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 20% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 59% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 18% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | 36% |
Balance Sheet
Figures in Rs. Crores
| Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|
| Equity Capital | 0.50 | 8 | 11 |
| Reserves | 3 | 11 | 49 |
| 46 | 35 | 9 | |
| 22 | 8 | 25 | |
| Total Liabilities | 72 | 61 | 94 |
| 14 | 12 | 15 | |
| CWIP | 0 | 0 | 2 |
| Investments | 0 | 0 | 0 |
| 58 | 49 | 78 | |
| Total Assets | 72 | 61 | 94 |
Cash Flows
Figures in Rs. Crores
| Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|
| 2 | 11 | 8 | |
| -3 | -2 | -6 | |
| 3 | -12 | -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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Action(s) taken or orders passed
18 September 2025 - Appellate order (17/09/2025): Rs.836 lakh GST and Rs.836 lakh penalty set aside.
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Analysts/Institutional Investor Meet/Con. Call Updates
16 September 2025 - Virtual investor/analyst meeting (Arihant Capital) on 25 Sep 2025, 10–11am; no unpublished price-sensitive information.
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Appointment
3 September 2025 - M/s Gopal Shah & Co appointed statutory auditor from 25/09/2025 until conclusion of 8th AGM (FY2029-30).
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Copy of Newspaper Publication
3 September 2025 - Notice of 3rd Annual General Meeting published in newspapers on 03/09/2025.
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Shareholders meeting
2 September 2025 - AGM 25/09/2025; MD pay to Rs20,00,000/month; Chairman Rs8,00,000/month; auditors appointed; e-voting 22–24/09/2025.
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.