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 ₹ 684 Cr.
- Current Price ₹ 495
- High / Low ₹ 584 / 149
- Stock P/E 17.0
- 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 % | 1.3% | 1.6% | 1.7% | 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: | 214% |
| 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| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Copper Rods Capacity Utilization % |
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| Sales Volume MT |
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| Total Capacity Utilization % |
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| Total Installed Capacity MTPA |
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| Top 5 States Share of Revenue % |
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| EBITDA per Tonne Rs |
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| ATC (Annealed Tinned Coated) Capacity Utilization % |
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| Copper Busbars Capacity Utilization % |
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Extracted by Screener AI
Documents
Announcements
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Analysts/Institutional Investor Meet/Con. Call Updates
- Management to attend Kaptify Investor Conference in Mumbai on 31 Aug 2026.
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Analysts/Institutional Investor Meet/Con. Call Updates
- Sunlite Recycling to hold virtual 1x1 investor meeting with Wallfort PMS on 21 Aug 2026.
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General Updates
- Q1 FY27 revenue rose 74.62% to ₹783.77 crore; approved ₹37 crore expansion to 45,000 MTPA.
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General Updates
- Q1 FY27 revenue rose 74.62% to ₹783.77 crore; approved ₹37 crore expansion to 45,000 MTPA.
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Structural Digital Database
- SDD compliance certificate for quarter ended 30 June 2026, with no non-compliance observed.
Annual reports
Concalls
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Jul 2026TranscriptAI SummaryPPT
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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.