Sunlite Recycling Industries Q1 FY27 Share Price & Earnings Call Analysis
- Market cap
- ₹896 Cr
- P/E
- 22.33
- ROE
- 36.37%
- PEG
- 0.25
- Price to sales
- 0.32
- Debt to equity
- 0.07
- 52W high / low
- ₹730 / ₹188
- EBITDA margin
- 2.16%
- Net profit margin
- 1.45%
- Promoter holding
- 74.47%
- Sales (last year)
- ₹2,765 Cr
Founded in 2012, Sunlite Recycling Industries manufactures copper rods, wires, conductors, and earthing materials from recycled copper scrap.[1]
Guidance scorecard · Q1 FY27 call
What Sunlite Recycling Industries Ltd's management guided
and where it ranks in Industrial Products
RevenueQ4 FY26 call
10–20%- Sunlite Recycling Industries Limited targets 10% to 15% volume growth for FY27, focusing on expanding capacity and launching new products.
- The company is doubling copper rod capacity by FY28 (from 30,000 to around 60,000-70,000 tons), with the expansion expected to be operational in FY28.
- Aiming to increase utilization of the aluminium plant to 70% in FY27, with plans to fully utilize aluminium capacity by FY28 and diversify aluminium products.
- Revenue growth is tied to volume growth, as prices fluctuate; thus, management focuses on volume guidance rather than revenue figures.
2 more points from Sunlite Recycling Industries Ltd's call on revenue
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MarginsQ4 FY26 call
FlatSee what Sunlite Recycling Industries Ltd said on margins — free account, 30 seconds.
CapexQ4 FY26 call
Planned- Sunlite Recycling is doubling its copper busbar plant capacity, targeting about 60% utilization as market range increases.
- The company is doubling copper wire rod capacity, expected operational by FY27-28, aiming for around 10%-15% volume growth in FY27.
- A new anode plant is being set up with a CapEx of around INR 6 crores (revised down from earlier INR 40 crores planned for cathode plant), reflecting a strategic shift from cathode to anode due to market conditions.
- No current plans for cathode plant; focus is on the anode plant and value-added products expansion.
2 more points from Sunlite Recycling Industries Ltd's call on capex
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FundraisingQ4 FY26 call
See what Sunlite Recycling Industries Ltd said on fundraising — free account, 30 seconds.
Order bookQ4 FY26 call
- Delays in shipments due to geopolitical issues (e.g., West Asia crisis) were mentioned, but no significant stress on procurement or orders was noted.
- The company expects volume growth of 10%-15% for FY27 due to new machinery and products.
- Capacity doubling projects for copper rods and copper busbars are expected to become operational in FY27-FY28, indicating anticipated increased demand.
Ranges are what management guided for revenue growth and margins on the latest earnings call. Not investment advice, and not a forecast of returns.
Potential multibaggers · Q2 FY27
Potential multibaggers in Industrial Products
on management's own guidance
- Strong growth2
- Strong growth1
- Strong growth3
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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
Peers
Industrial Products companies ranked on guidance
| # | Company | Revenue guided | Margin guided | Market cap | P/E |
|---|---|---|---|---|---|
| 1 | 40%+ | Up 2%+ | ₹532 Cr | 21.2 | |
| 2 | 40%+ | Up 2%+ | ₹450 Cr | 13.2 | |
| 3 | 40%+ | Up 2%+ | ₹371 Cr | 26.1 | |
| 4 | 40%+ | Up 0–2% | ₹1,340 Cr | 32.9 | |
| 5 | 40%+ | Up 0–2% | ₹1,196 Cr | 14.1 | |
| 6 | 40%+ | Flat | ₹966 Cr | 25.0 |
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Pro shows every company guiding 40%+ revenue growth →Full Industrial Products rankingFinancials of Sunlite Recycling Industries Ltd
Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of Sunlite Recycling Industries Ltd
Quarterly Results
Quarter-by-quarter operating performance
Financials of Sunlite Recycling Industries Ltd
Profit & Loss
Annual income statement trend
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| Sales + | 1,150 | 1,166 | 1,397 | 2,765 |
| Expenses + | 1,136 | 1,148 | 1,373 | 2,705 |
| Operating Profit | 14 | 19 | 24 | 60 |
| OPM % | 1% | 2% | 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 | 112.00 | 11.18 | 13.12 | 29.08 |
| Dividend Payout % | 0% | 0% | 0% | 3% |
Financials of Sunlite Recycling Industries Ltd
Balance Sheet
Capital structure and asset base
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| Equity Capital | 0.50 | 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 |
Financials of Sunlite Recycling Industries Ltd
Cash Flows
Operating, investing and financing cash movement
| 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% |
Financials of Sunlite Recycling Industries Ltd
Ratios
Working capital efficiency and return ratios
| 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% |
Guidance history
How Sunlite Recycling Industries Ltd's guidance has moved, call by call
| Call | Revenue | Margins | Capex | Fundraising | Order book |
|---|---|---|---|---|---|
| Q4 FY26 call → | 10–20% | Flat | Planned | — | — |
| Q2 FY26 call → | 10–20% | Up 0–2% | Planned | Planned | — |
What management guided on each call, newest first. Not investment advice, and not a forecast of returns.
Momentum score · price trend
92 out of 100 — Strengthening
Over the past year its share price has done better than most of the stocks we track.
| Period | Share price change | Better than … of 1,910 stocks |
|---|---|---|
| Last 12 months | +245.5% | 99% |
| Last 6 months | +32.4% | 83% |
| Last 3 months | +40.3% | 95% |
How we calculate it
“Better than 30%” means that over that period the share price did better than 30 out of every 100 stocks we track (1,910 Indian companies worth ₹500 Cr or more, with at least a year of prices).
The score weighs the longer periods more: 40% × 12-month + 40% × 6-month + 20% × 3-month. For Sunlite Recycling Industries Ltd: 0.4 × 99 + 0.4 × 83 + 0.2 × 95 = 92.
Strengthening is 70 and above, Steady 40 to 70, Cooling below 40. Scores are recalculated every night after the market closes.
Full methodology →This describes only how the share price has moved up to 30 Oct 2026, compared with other stocks. It says nothing about the business, and it is not a prediction, a price target or a recommendation to buy or sell.
Continue your research
What Sunlite Recycling Industries Ltd's management said in earlier quarters
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