---
title: "Sunlite Recycling Industries Ltd (SUNLITE) — Share Price, Financials & Analysis"
symbol: "SUNLITE"
company: "Sunlite Recycling Industries Ltd"
canonical: "https://tapetide.com/stocks/SUNLITE"
isin: "INE0U2N01013"
nse_symbol: "SUNLITE"
sector: "Industrials"
industry: "Industrial Products"
market_cap_cr: 897.66
generated_at: "2026-09-13T19:15:07.362Z"
---

# Sunlite Recycling Industries Ltd (SUNLITE)

Canonical page: https://tapetide.com/stocks/SUNLITE

## Company

- **NSE Symbol:** SUNLITE
- **ISIN:** INE0U2N01013
- **Sector:** Industrials
- **Industry:** Industrial Products
- **Macro Sector:** Industrials
- **Stock Type:** EQUITY
- **Listed Since:** 2024-08-20
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** sunliteindustries.com

## About

Founded in 2012, Sunlite Recycling Industries manufactures copper rods, wires, conductors, and earthing materials from recycled copper scrap.[1]

## Latest Price

- **Price:** ₹683.65
- **Change:** -21.85 (-3.1%)
- **Open:** ₹660.2
- **Day High:** ₹703
- **Day Low:** ₹636.8
- **Previous Close:** ₹705.5
- **Volume:** 81000
- **As Of:** 2026-09-11T10:01:37+00:00

## Key Fundamentals

Observed at 2026-09-11T04:41:52.534797Z.

- **Market Cap:** ₹897.66 Cr
- **Classification:** SME
- **P/E (reported):** 23.8
- **Book Value:** ₹117.05
- **Price to Book:** 6.03
- **Dividend Yield:** 0.14%
- **ROE:** 23.78%
- **ROCE:** 34.08%
- **Debt to Equity:** 0.07
- **Revenue (yearly):** ₹2764.72 Cr
- **Net Income:** ₹40.13 Cr
- **EBITDA:** ₹59.69 Cr
- **52-Week High:** ₹718
- **52-Week Low:** ₹164.95
- **RSI (14):** 85.42

## Tapetide Score

- **Score:** 66 / 100
- **Score date:** 2026-09-04
- **Archetype:** Average Quality, Undemanding Price
- **What it means:** The financials sit mid-range rather than strong, and the multiple is not demanding. Nothing here stands out in either direction, so the read comes down to which single pillar you weight most and whether the next results move it off the middle.
- **Pillar profile:** Quality: Average · Valuation: Fair · Momentum: Rising
- **Percentile:** 97.4 (of 4473 scored stocks)
- **Confidence:** 86%
- **Data coverage:** 71%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 78.99 | 9% |
| growth | 98.9 | 9% |
| momentum | 85.19 | 12% |
| ownership | 62.55 | 24% |
| quality | 54.29 | 22% |
| valuation | 53.68 | 24% |

The Tapetide Score is decision-support only, not investment advice.

## Key Insights

### Strengths

- Company is almost debt free.
- Company has a good return on equity (ROE) track record: 3 Years ROE 39.3%

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| cash flow growth | -27.87% | 245.8% | 500.73% |
| ebitda margin growth | 24.86% | 33.33% | — |
| net income growth | 180.63% | 93% | — |
| revenue growth | 97.89% | 34% | — |
| roce | -54.43% | -25.98% | — |
| roe | -50.29% | 75.45% | — |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Sales | 604 | 562 | 637 | 760 | 1122 | 1642 |
| Expenses | 595 | 553 | 625 | 748 | 1100 | 1605 |
| 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 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- |
| Sales | 1150 | 1166 | 1397 | 2765 |
| Expenses | 1136 | 1148 | 1373 | 2705 |
| Operating Profit | 14 | 19 | 24 | 60 |
| OPM % | 1.3 | 1.6 | 1.7 | 2.2 |
| Other Income | 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 |
| Net Profit | 6 | 9 | 14 | 40 |
| EPS in Rs | 112 | 11.18 | 13.12 | 29.08 |
| Dividend Payout % | 0 | 0 | 0 | 3 |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- |
| Equity Capital | 0.5 | 8 | 11 | 14 |
| Reserves | 3 | 11 | 49 | 147 |
| Borrowings | 46 | 35 | 9 | 12 |
| Other Liabilities | 22 | 8 | 25 | 52 |
| Total Liabilities | 72 | 61 | 94 | 224 |
| Fixed Assets | 14 | 12 | 15 | 22 |
| CWIP | 0 | 0 | 2 | 0 |
| Investments | 0 | 0 | 0 | 50 |
| Other Assets | 58 | 49 | 78 | 152 |
| Total Assets | 72 | 61 | 94 | 224 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- |
| Cash from Operating Activity | 2 | 11 | 8 | -2 |
| Cash from Investing Activity | -3 | -2 | -6 | -15 |
| Cash from Financing Activity | 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

| Item | 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 |

## Shareholding Pattern

### Quarterly

| Category | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 73.53% | 73.53% | 73.77% | 74.32% | 74.79% | 74.16% | 74.47% |
| FIIs | 2.58% | 0% | 0% | 0% | 0% | 0% | 0% |
| DIIs | 0% | 0% | 0% | 0% | 0% | 0.73% | 0.84% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 14.64% | 18.02% | 18.04% | 18.01% | 17.82% | 18.3% | 17.61% |
| Others | 9.25% | 8.45% | 8.18% | 7.67% | 7.39% | 6.82% | 7.08% |
| No. of Shareholders | 796 | 821 | 767 | 742 | 702 | 908 | 901 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Buy
- **Buy / Neutral / Sell:** 13 / 2 / 4

### Moving Averages — summary: **Strong Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 587.85 | Buy |
| EMA (10) | 603.34 | Buy |
| SMA (20) | 544.57 | Buy |
| EMA (20) | 560.61 | Buy |
| SMA (50) | 486.96 | Buy |
| EMA (50) | 508.27 | Buy |
| SMA (100) | 473.83 | Buy |
| EMA (100) | 468.9 | Buy |
| SMA (200) | 408.39 | Buy |
| EMA (200) | 406.53 | Buy |

### Oscillators — summary: **Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 78.44 | Sell |
| MACD (12,26,9) | 47.5 | Buy |
| Stochastic (14,3,3) | 91.31 | Sell |
| ADX (14) | 36.25 | Buy |
| Williams %R (14) | -15.76 | Sell |
| ATR (14) | 35.68 | High Volatility |
| ROC (12) | 31.22 | Buy |
| Stoch RSI (14) | 68.01 | Neutral |
| UO (7,14,28) | 72.1 | Sell |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 9 June 2026 - Sunlite Recycling will join Samruddhi Season 3 virtual analyst meet on 18 June 2026, 4:00–5:00 PM. | [Analysts/Institutional Investor Meet/Con. Call Updates 9 June 2026 - Sunlite Recycling will join Samruddhi Season 3 virtual analyst meet on 18 June 2026, 4:00–5:00 PM.](https://nsearchives.nseindia.com/corporate/SUNLITE_09062026142019_Intimation.pdf) |
| 8 Sep - Newspaper publication for 4th AGM notice published on 08/09/2026 in Financial Express and Sandesh. | [Copy of Newspaper Publication 8 Sep - Newspaper publication for 4th AGM notice published on 08/09/2026 in Financial Express and Sandesh.](https://nsearchives.nseindia.com/corporate/SUNLITE_08092026143444_Cover_Page_Newspaper_Advertisement_Sunlite.pdf) |
| 8 July 2026 - July 2026 investor presentation outlines ₹37 Cr capex and 21,000-ton capacity addition by Q1 FY28. | [Investor Presentation 8 July 2026 - July 2026 investor presentation outlines ₹37 Cr capex and 21,000-ton capacity addition by Q1 FY28.](https://nsearchives.nseindia.com/corporate/SUNLITE_08072026163232_Investor_Presentation.pdf) |
| 7 Sep - Sunlite Recycling announces 4th AGM on 30/09/2026, 10% final dividend, director reappointment, and cost auditor ratification. | [Shareholders meeting 7 Sep - Sunlite Recycling announces 4th AGM on 30/09/2026, 10% final dividend, director reappointment, and cost auditor ratification.](https://nsearchives.nseindia.com/corporate/SUNLITE_07092026205655_Notice_of_AGM_.pdf) |
| 7 Sep - Pre-newspaper advertisement for 4th AGM to publish in Financial Express and Sandesh on 06/09/2026. | [Copy of Newspaper Publication 7 Sep - Pre-newspaper advertisement for 4th AGM to publish in Financial Express and Sandesh on 06/09/2026.](https://nsearchives.nseindia.com/corporate/SUNLITE_07092026154946_Covering_Letter.pdf) |
| 6 July 2026 - Sunlite Recycling will hold virtual investor/analyst meetings on 9 July 2026, via Kaptify Consulting. | [Analysts/Institutional Investor Meet/Con. Call Updates 6 July 2026 - Sunlite Recycling will hold virtual investor/analyst meetings on 9 July 2026, via Kaptify Consulting.](https://nsearchives.nseindia.com/corporate/SUNLITE_06072026154049_Investor_Meet_Intimation.pdf) |
| 6 July 2026 - Sunlite announces ₹37 crore expansion: copper capacity to 45,000 MT, value-added products to 3,540 MT by Q1 FY2027-28. | [Press Release 6 July 2026 - Sunlite announces ₹37 crore expansion: copper capacity to 45,000 MT, value-added products to 3,540 MT by Q1 FY2027-28.](https://nsearchives.nseindia.com/corporate/SUNLITE_06072026113930_PR_-_Capacity_Expansion.pdf) |
| 6 February 2026 - Acquired 10,000 shares (100%) of SAPL via cash and share-swap; now wholly-owned subsidiary. | [Acquisition 6 February 2026 - Acquired 10,000 shares (100%) of SAPL via cash and share-swap; now wholly-owned subsidiary.](https://nsearchives.nseindia.com/corporate/SUNLITE_06022026133739_Outcome_-_Acquisition_-Swojas.pdf) |
| 5 Sep - Record date fixed at 23/09/2026 for FY26 final dividend of Rs.1 per share, subject to AGM approval. | [Record Date 5 Sep - Record date fixed at 23/09/2026 for FY26 final dividend of Rs.1 per share, subject to AGM approval.](https://nsearchives.nseindia.com/corporate/SUNLITE_05092026184504_Intimation_Record_Date.pdf) |
| 5 Sep - Board reconstituted Audit, NRC, Stakeholder and CSR committees effective 05/09/2026. | [General Updates 5 Sep - Board reconstituted Audit, NRC, Stakeholder and CSR committees effective 05/09/2026.](https://nsearchives.nseindia.com/corporate/SUNLITE_05092026184702_Reconstitution_of_Committee.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Annual Report 2026 from nse](https://archives.nseindia.com/annual_reports/SME_AR_31794_SUNLITE_2025_2026_A_4187544_07092026205754.pdf) |
| from nse | [Annual Report 2025 from nse](https://archives.nseindia.com/annual_reports/SME_AR_28181_SUNLITE_2024_2025_A_28218808_02092025181902.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Oct 2024 | [Concall - Oct 2024](https://nsearchives.nseindia.com/corporate/SUNLITE_30102024174552_Investor_Presentaion[1]__1_.pdf) |
| Nov 2025 | [Concall - Nov 2025](https://nsearchives.nseindia.com/corporate/SUNLITE_19112025184809_Transcript.pdf) |
| Jun 2025 | [Concall - Jun 2025](https://nsearchives.nseindia.com/corporate/SUNLITE_04062025171106_Convering_Letter.pdf) |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T19:15:07.362Z.