Sunlite Recycling Industries
- Market cap
- ₹ 821 Cr.
- P/E
- 20.2x
- P/B
- 5.42x
- 52-week range
- 164.95 – 753
- ROE
- 36%
- ROCE
- 47%
- Dividend yield
- 0.2%
- Debt / equity
- 0.07
- Sector
- Industrial Products
- Industry
- Aluminium, Copper & Zinc Products
- Listed on
- NSE SME
About
Sunlite Recycling Industries Limited is an India-based company. The Company is engaged in the business of manufacturing of copper rods and wires, copper earthing wires, copper earthing strips, copper conductors, copper wire bars through recycling of copper scrap, which has electrical and mechanical properties suitable for applications in power generation, transmission, distribution and electronic industries. Its product portfolio offers a diversified product range which includes various grades, thickness, widths and standards, in all types of copper products according to customer specifications. It is also engaged in providing job work services for processing of various copper products. The Company’s products include oxygen free copper rods (OFC), fire-refined high conductivity copper rods (FRHC), copper wires, copper earthing wires, copper conductors, copper submersible wires, copper earthing strips, and others.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Aluminium, Copper & Zinc Products: 26 companies →Sunlite Recycling Industries against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)20.2 against a typical 16.7: pricier than most peers (1st = cheapest).19th of 26
- Sales growth+192.2% against a typical +33.2% from a year earlier.1st of 18
- Profit growth+420% against a typical +78% from a year earlier.1st of 16
- Share price, 3 months+34.7% against a typical −4.1%.4th of 24
- Size₹ 821.5 Cr. market value against a typical ₹ 191.5 Cr. (1st = largest).5th of 26
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
Moderate safety, with caution
Rated BBB+ by CRISIL- No warnings from the agency.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| CRISIL | Crisil BBB+ | Stable | 1 Jul 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 1 Jul 2026 | New rating | Crisil BBB+ | — | CRISIL | ₹ 15 Cr. |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 2 Nov 2026Upcoming | Financial Results | To consider and approve the financial results for the period ended September 30, 2026 |
| 27 Apr 2026 | Financial Results/Dividend | To consider and approve the financial results for the period ended March 31, 2026 and dividend |
| 13 Nov 2025 | Fund Raising/Other business matters | To consider Fund Raising and other business matters |
| 6 Nov 2025 | Financial Results/Other business matters | To consider and approve the financial results for the period ended September 30, 2025 and other business matters |
| 21 May 2025 | Financial Results/Other business matters | To consider and approve the financial results for the period ended March 31, 2025 and other business matters |
| 26 Oct 2024 | Financial Results | To consider and approve the financial results for the period ended September 30, 2024 |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Sales | 604 | 562 | 637 | 760 | 1,122 | 1,642 |
| Expenses | 595 | 553 | 625 | 748 | 1,100 | 1,605 |
| Operating Profit | 9 | 10 | 12 | 12 | 22 | 38 |
| OPM % | 1.5% | 1.7% | 1.9% | 1.6% | 1.9% | 2.3% |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest | 3 | 2 | 2 | 1 | 1 | 1 |
| Depreciation | 1 | 1 | 1 | 1 | 2 | 2 |
| Profit before tax | 6 | 6 | 9 | 10 | 19 | 35 |
| Tax % | 25% | 25% | 25% | 26% | 25% | 25% |
| Net Profit | 4 | 5 | 7 | 7 | 14 | 26 |
| EPS in Rs | 82.4 | 6.01 | 6.49 | 6.63 | 13.18 | 18.69 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- —
- 5 Years
- —
- 3 Years
- 34%
- TTM
- 98%
- 10 Years
- —
- 5 Years
- —
- 3 Years
- 93%
- TTM
- 185%
- 10 Years
- —
- 5 Years
- —
- 3 Years
- —
- TTM
- —
- 10 Years
- —
- 5 Years
- —
- 3 Years
- 39%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Sunlite Recycling Industries | ₹ 639.00 | ₹ 821 Cr. | 20.2x | 5.4x | 36% | — |
| Bharat Forge | ₹ 1,709.60 | ₹ 81,734 Cr. | 89.6x | 10.9x | 11.5% | 6.5% |
| Havells India | ₹ 1,032.00 | ₹ 64,764 Cr. | 44.1x | 7.9x | — | 6.9% |
| Schaeffler India | ₹ 3,468.00 | ₹ 54,379 Cr. | 56.2x | 10.7x | — | 12% |
| Sterlite Technologies | ₹ 829.00 | ₹ 42,603 Cr. | 464.5x | 11.2x | 2.6% | 1.2% |
| R R Kabel | ₹ 2,150.60 | ₹ 26,329 Cr. | 51.2x | 10.1x | 20.8% | 5.1% |
Management
- Prahladrai Ramdayal Heda
- Executive Chairman of the Board, Whole Time Director
- Manish Kumar Heda
- Chief Financial Officer
- Priyanka Ayush Murarka
- Compliance Officer, Company Secretary
- Nitin Kumar Heda
- Managing Director, Executive Director
Prices are delayed and for information only. Nothing on this page is investment advice.