Sunlite Recycling Industries Ltd. – Company Report
1. Company Overview
Sunlite Recycling Industries Ltd. (SRIL), founded in 2012 and headquartered in Kheda, Gujarat, is a leading Indian manufacturer of high-quality copper products derived from recycled copper scrap. The company began as a producer of oxygen-free copper rods with a modest 250MT/month capacity and has grown into a significant player with a current capacity of 2,000MT/month, thanks to imported machinery from Germany and China.
SRIL operates from a 12,152 sqm facility equipped with 20+ advanced machines, positioning it as the second-largest importer of copper scrap in India. Its commitment to sustainability, including the use of solar energy and clean fuels, and strict internal quality standards underscore its operational philosophy. The company caters to both domestic and international markets, serving industries such as power, transmission, electronics, and industrial manufacturing.
- Incorporated: 2012
- Headquarters: Kheda, Gujarat
- Manufacturing Capacity: 2,000MT/month
- Facility Size: 12,152 sqm with 20+ imported machines
- Core Focus: Copper rods, wires, earthing products, conductors, and wire bars
- Sustainability: Uses solar and clean energy sources
- Market Cap (Aug 2025): ~₹114 crore (post-IPO estimate)
2. Products and Services
SRIL offers a comprehensive portfolio of copper-based products and value-added services:
- Copper Rods (oxygen-free, fire-refined high conductivity)
- Copper Wires (multiple grades and specifications)
- Earthing Wires & Strips
- Copper Conductors & Wire Bars
- Submersible Wires, Components & Sections
- Custom Specifications: Wide range of grades, thicknesses, widths as per client requirements
- Job Work Services: Finishing and processing for third-party copper products
- Target Industries: Power, electrical, electronics, construction, and industrial machinery
The company follows eco-friendly scrap recycling processes and emphasizes energy efficiency and material conservation.
3. Recent News and Financial Performance
Business Highlights:
- Capacity Expansion: Significantly ramped up production through new machinery imports.
- Sustainability Focus: Incorporates solar energy and natural gas into operations to reduce emissions.
- Recognition: Reported as the second-largest importer of copper scrap in India.
- New Product Launches: Upcoming lines include busbars and tinned copper products.
- Growth Strategy: Focus on value-added offerings, operational efficiency, and leveraging India’s infrastructure boom.
4. Financial Performance (FY2025):
| Metric | FY2025 Value |
|---|---|
| Total Revenue | ₹1,396.71 crore |
| Net Profit | ₹14.27 crore |
| Operating Margin | 2% |
| Net Profit Margin | Slightly above 1% |
| EPS | ₹13.12 |
| Dividend | No dividend (profits retained) |