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 ₹ 695 Cr.
- Current Price ₹ 504
- High / Low ₹ 584 / 112
- Stock P/E 17.3
- Book Value ₹ 116
- Dividend Yield 0.00 %
- ROCE 46.5 %
- ROE 36.4 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Company has a good return on equity (ROE) track record: 3 Years ROE 39.3%
Cons
* 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
Part of Nifty SME Emerge
Half Yearly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| 1,150 | 1,166 | 1,397 | 2,765 | |
| 1,136 | 1,148 | 1,373 | 2,705 | |
| Operating Profit | 14 | 19 | 24 | 60 |
| OPM % | 1% | 2% | 2% | 2% |
| 0 | 0 | 0 | 0 | |
| Interest | 5 | 5 | 3 | 2 |
| Depreciation | 2 | 2 | 2 | 4 |
| Profit before tax | 8 | 12 | 19 | 54 |
| Tax % | 26% | 25% | 26% | 25% |
| 6 | 9 | 14 | 40 | |
| EPS in Rs | 112.00 | 11.18 | 13.12 | 29.08 |
| Dividend Payout % | 0% | 0% | 0% | 3% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 34% |
| TTM: | 98% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 93% |
| TTM: | 183% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 325% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 39% |
| Last Year: | 36% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| Equity Capital | 0.50 | 8 | 11 | 14 |
| Reserves | 3 | 11 | 49 | 147 |
| 46 | 35 | 9 | 12 | |
| 22 | 8 | 25 | 52 | |
| Total Liabilities | 72 | 61 | 94 | 224 |
| 14 | 12 | 15 | 22 | |
| CWIP | 0 | 0 | 2 | 0 |
| Investments | 0 | 0 | 0 | 50 |
| 58 | 49 | 78 | 152 | |
| Total Assets | 72 | 61 | 94 | 224 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| 2 | 11 | 8 | -2 | |
| -3 | -2 | -6 | -15 | |
| 3 | -11 | -2 | 17 | |
| Net Cash Flow | 2 | -2 | -0 | 0 |
| Free Cash Flow | -1 | 9 | 2 | -11 |
| CFO/OP | 31% | 78% | 55% | 20% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| Debtor Days | 4 | 4 | 5 | 3 |
| Inventory Days | 13 | 10 | 12 | 12 |
| Days Payable | 5 | 0 | 4 | 5 |
| Cash Conversion Cycle | 11 | 14 | 13 | 10 |
| Working Capital Days | 3 | 3 | 12 | 12 |
| ROCE % | 32% | 36% | 47% |
Insights
In beta| Dec 2012 | Dec 2015 | Dec 2019 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| Total Installed Capacity - Copper Wire Rods MTPA |
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| Capacity Utilization - Copper Rods % |
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| Installed Capacity - Copper Wires MTPA |
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| Sales Volume MT |
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| Sustainability Rooftop Solar Capacity KW |
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Extracted by Screener AI
Documents
Announcements
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Analysts/Institutional Investor Meet/Con. Call Updates
4 May 2026 - FY26 post-earnings call: standalone revenue ₹2,764 crore, PAT ₹40.14 crore; maiden dividend ₹1, capex ₹30-35 crore.
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Analysts/Institutional Investor Meet/Con. Call Updates
29 April 2026 - Sunlite released audio-video recording of its April 29, 2026 post-results conference call.
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Copy of Newspaper Publication
29 April 2026 - Submitted newspaper publication of postal ballot notice in Business Standard and Sandesh on 29 April 2026.
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Shareholders meeting
28 April 2026 - Postal ballot on 3 director appointments; e-voting from 30 Apr 2026 to 29 May 2026.
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Investor Presentation
28 April 2026 - Investor presentation shows 100% SAPL acquisition, ATC capacity doubled to 1,600 MTPA, and FY26 results.
Annual reports
Concalls
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May 2026Transcript PPT
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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.