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 ₹ 675 Cr.
- Current Price ₹ 489
- High / Low ₹ 492 / 110
- Stock P/E 31.3
- 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
- Stock is trading at 7.15 times its book value
- 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
Part of Nifty SME Emerge
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: | 324% |
| 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 |
| Free Cash Flow | -1 | 9 | 2 |
| CFO/OP | 31% | 78% | 55% |
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% |
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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Structural Digital Database
18 April 2026 - SDD compliance certificate filed for FY2026; 10 of 32 events were captured late.
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General Updates
16 April 2026 - Company states annual secretarial compliance report is not applicable for year ended 31 March 2026.
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Certificate under SEBI (Depositories and Participants) Regulations, 2018
15 April 2026 - Submitted Regulation 74(5) certificate for quarter ended 31 March 2026.
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Quarterly Compliance Report on Corporate governance - within 21 days from the end of the quarter
15 April 2026 - Sunlite Recycling Industries filed non-applicability of Regulation 27(2) corporate governance report for quarter ended 31 March 2026.
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Change in Management
1 April 2026 - Apr 01, 2026: Chairman Prahalad Heda resigned; Akshaykumar Heda appointed Chairman; Manish Heda and Krisha Shah appointed directors.
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.