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 ₹ 171 Cr.
- Current Price ₹ 157
- High / Low ₹ 189 / 91.0
- Stock P/E 12.0
- Book Value ₹ 55.2
- Dividend Yield 0.00 %
- ROCE 35.9 %
- ROE 35.6 %
- 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% | 24% | 26% |
| 6 | 9 | 14 | |
| EPS in Rs | 112.00 | 11.12 | 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: | 60% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -5% |
| 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 | 12 | 49 |
| 46 | 35 | 9 | |
| 22 | 8 | 25 | |
| Total Liabilities | 72 | 63 | 94 |
| 14 | 14 | 15 | |
| CWIP | 0 | 0 | 2 |
| Investments | 0 | 0 | 0 |
| 58 | 49 | 78 | |
| Total Assets | 72 | 63 | 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 % | 31% | 36% |
Documents
Announcements
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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.
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General Updates
29 August 2025 - 495 KW solar commissioned on 29 Aug 2025; total 995 KW, expected ~Rs.50 lakh annual savings, ~8% electricity reduction.
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Analysts/Institutional Investor Meet/Con. Call Updates
20 August 2025 - Management to meet Vijit Global Securities on 21 Aug 2025 in Kheda (physical), no UPSI to be shared.
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Press Release
19 August 2025 - Copper wire rod capacity increased from 16,580 to 23,212 MTPA (40%); operational from Aug 21, 2025.
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Action(s) taken or orders passed
27 July 2025 - GST demand of Rs.13.3 Cr with stock attachment; company to appeal and seek release.
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.