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 ₹ 382 Cr.
- Current Price ₹ 352
- High / Low ₹ 416 / 91.0
- Stock P/E 17.8
- 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: | 146% |
| 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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Updates
13 January 2026 - Q3 FY26 revenue ₹717 Cr (+107% YoY); sales 7,141,129 kg (+76%); ATC capacity doubled; preferential allotment.
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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.
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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.
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Analysts/Institutional Investor Meet/Con. Call Updates
7 January 2026 - Management to meet Select HNI investors for plant visit and group meeting on 12 Jan 2026 via Kaptify.
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Cessation
1 January 2026 - M/s. Shah Jigar & Co. resigned as internal auditor effective 1 Jan 2026 due to pre-occupation.
Annual reports
Concalls
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Nov 2025Transcript PPT
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Jun 2025TranscriptAI SummaryPPT
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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.