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 ₹ 174 Cr.
- Current Price ₹ 160
- High / Low ₹ 210 / 150
- Stock P/E 19.6
- Book Value ₹ 48.5
- Dividend Yield 0.00 %
- ROCE 31.4 %
- ROE 75.2 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company's cost of borrowing seems high
* 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
Sector: Mining & Mineral products Industry: Mining / Minerals / Metals
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2023 | Mar 2024 | |
|---|---|---|
| 1,150 | 1,166 | |
| 1,136 | 1,148 | |
| Operating Profit | 14 | 19 |
| OPM % | 1% | 2% |
| 0 | 0 | |
| Interest | 5 | 5 |
| Depreciation | 2 | 2 |
| Profit before tax | 8 | 12 |
| Tax % | 26% | 24% |
| 6 | 9 | |
| EPS in Rs | 112.00 | 11.12 |
| Dividend Payout % | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
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| TTM: | 1% |
| Compounded Profit Growth | |
|---|---|
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| TTM: | 59% |
| Stock Price CAGR | |
|---|---|
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| Return on Equity | |
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| Last Year: | 75% |
Balance Sheet
Figures in Rs. Crores
| Mar 2023 | Mar 2024 | Sep 2024 | |
|---|---|---|---|
| Equity Capital | 0.50 | 8 | 11 |
| Reserves | 3 | 12 | 42 |
| 46 | 35 | 19 | |
| 22 | 8 | 20 | |
| Total Liabilities | 72 | 63 | 93 |
| 14 | 14 | 9 | |
| CWIP | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 |
| 58 | 49 | 84 | |
| Total Assets | 72 | 63 | 93 |
Cash Flows
Figures in Rs. Crores
| Mar 2023 | Mar 2024 | |
|---|---|---|
| 2 | 11 | |
| -3 | -2 | |
| 3 | -12 | |
| Net Cash Flow | 2 | -2 |
Ratios
Figures in Rs. Crores
| Mar 2023 | Mar 2024 | |
|---|---|---|
| Debtor Days | 4 | 4 |
| Inventory Days | 13 | 10 |
| Days Payable | 5 | 0 |
| Cash Conversion Cycle | 11 | 14 |
| Working Capital Days | 11 | 13 |
| ROCE % | 31% |
Documents
Announcements
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Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent
11 December 2024 - SUNLITE RECYCLING INDUSTRIES LIMITED has informed about Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent
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Resignation
11 December 2024 - Sunlite Recycling Industries Limited has informed regarding Resignation of Mr Abhishekkumar & Associates as Other of the company w.e.f. December 10, 2024.
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Reply to Clarification- Financial results
5 December 2024 - Exchange had sought clarification from Sunlite Recycling Industries Limited for the quarter ended 30-Sep-2024 with respect to Regulation 33 of the SEBI (LODR) Regulations, 2015. …
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Clarification - Financial Results
13 November 2024 - Exchange has sought clarification from Sunlite Recycling Industries Limited for the quarter ended 30-Sep-2024 with respect to Regulation 33 of the SEBI (LODR) Regulations, 2015. …
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Statement of deviation(s) or variation(s) under Reg. 32
12 November 2024 - Sunlite Recycling Industries Limited has informed about statement of deviation(s) or variation(s) under Reg. 32
Annual reports
No data available.
Concalls
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Oct 2024TranscriptNotesPPT
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.