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 ₹ 370 Cr.
- Current Price ₹ 340
- High / Low ₹ 416 / 91.0
- Stock P/E 17.2
- Book Value ₹ 68.4
- Dividend Yield 0.00 %
- ROCE 36.1 %
- ROE 36.0 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company has a good return on equity (ROE) track record: 3 Years ROE 53.0%
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: | 170% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 53% |
| 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
-
Acquisition
6 February 2026 - Acquired 10,000 shares (100%) of SAPL via cash and share-swap; now wholly-owned subsidiary.
-
Structural Digital Database
30 January 2026 - SDD compliance certificate for quarter ended Dec 31, 2025; 8 events captured; 4 entered late.
-
Updates
13 January 2026 - Q3 FY26 revenue ₹717 Cr (+107% YoY); sales 7,141,129 kg (+76%); ATC capacity doubled; preferential allotment.
-
Quarterly Compliance Report on Corporate governance - within 21 days from the end of the quarter
13 January 2026 - Certificate: Reg 27(2) non-applicability for quarter ended 31 Dec 2025; SME-listed.
-
Certificate under SEBI (Depositories and Participants) Regulations, 2018
13 January 2026 - Certificate under Reg. 74(5) submitted for quarter ended 31 Dec 2025 by RTA Cameo.
Annual reports
Concalls
-
Nov 2025Transcript PPT
-
Jun 2025TranscriptAI SummaryPPT
-
Oct 2024TranscriptAI SummaryPPT
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.