MoneyWorks4Me

Sunlite Recycling Industries Ltd (SUNLITE)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 0 NSE: SUNLITE Metal - Non Ferrous | Small Cap | Sunlite Recycling Share Price

BSE Share Price
Not Listed

Sunlite Recycling Industries Ltd (SUNLITE)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 0 NSE: SUNLITE Metal - Non Ferrous | Small Cap | Sunlite Recycling Share Price

BSE Share Price
Not Listed
Key Metrics
Valuation Multiples
Market Cap
₹944 Cr.
Current Price
₹0
52-Week Low / High
₹0 / 0
TTM EPS
-
TTM Sales
-
Book Value per Share
-
P/E Ratio
Industry PE
16.7
Price to Book (P/B)
Price to Sales (P/S)
EV/EBITDA
Dividend Yield
NAN%
Profitability Efficiency
Return on Equity (ROE)
%
Return on Capital Employed (ROCE)
%
Return on Assets (ROA)
%
Operating Profit Margin
0%
Net Profit Margin
-%
Gross Profit Margin
0%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
-
19.76%
Operating Profit Growth (1 Year)
-
-
Net Profit Growth (1 Year)
-
-
Asset Quality
Promoter Holding
74.47%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
-
Equity
₹13.8 Cr.
Face Value
₹10
All Time Low / High
₹0.00 / 0.00

Sunlite Recycling Industries stock performance

Key Ratios
mw4me loader

Check Before You Invest

Valuation

Overvalued

Price Trend

Strong
Q.1 Is Sunlite Recycling Industries Ltd a good quality company?
Sunlite Recycling Industries Ltd is a weak quality company, based on a inconsistent multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Sunlite Recycling Industries Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Sunlite Recycling Industries Ltd vs industry peers?
Sunlite Recycling Industries Ltd revenue CAGR is 0.00%, compared to the industry median CAGR of 9.38%, indicating slower growth and losing its market share.
Q.1 Promoter shareholding and pledge status of Sunlite Recycling Industries Ltd?
Promoters hold 74.47% of the Sunlite Recycling Industries Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Sunlite Recycling Industries Ltd over the last decade?
Over the last 1 year(s), the stock has delivered a CAGR of 294.91% based on the current price.

10 Year X-Ray :

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Sunlite Recycling Industries Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Mar'23Mar'24Mar'25TTM
ROCE % 24.5%32%36.3%-
Value Creation
Index
0.81.31.6-

Growth Parameters

Sales 1,1501,1661,3972,765
Sales YoY Gr.-1.4%19.8%-
Adj EPS 14.311.513.129.1
YoY Gr.--19.4%13.9%-
BVPS (₹) 9.123.455.2116.4
Adj Net
Profit
5.79.214.340
Cash Flow from Ops. 2.411.48.2-
Debt/CF from Ops. 19.53.11.1-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales NANANA19.8%
Adj EPS NANANA13.9%
BVPSNANANA136.3%
Share Price - - - 280.2%

Key Financial Parameters

Mar'23Mar'24Mar'25TTM
Return on
Equity %
157.782.636.333.9
Op. Profit
Mgn %
1.31.61.7NAN
Net Profit
Mgn %
0.50.811.5
Debt to
Equity
12.81.90.2-
Working Cap
Days
016170
Cash Conv.
Cycle
012120

Valuation of Sunlite Recycling - Consolidated

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

mw4me loader

Analyst's Notes

data not found
No data found!

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.280.000.00
* Pledged shares as % of Promoter's holding (%)

Financials

data not found
No data found!
data
No data found!
data
No data found!
data
No data found!

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Sunlite Recycling Industries Ltd FAQs

The current trading price of Sunlite Recycling on 01-Jan-1970 05:30 is ₹0.00.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 31-Dec-1969 the market cap of Sunlite Recycling stood at ₹943.8 Cr

The latest P/E ratio of Sunlite Recycling as of 31-Dec-1969 is 23.51.

The latest P/B ratio of Sunlite Recycling as of 31-Dec-1969 is 5.87.

The 52-week high of Sunlite Recycling is ₹0.00 and the 52-week low is ₹0.00.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Sunlite Recycling is ₹2,765 ( Cr.) .

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Sunlite Recycling Industries Ltd is a below average quality company.

The key valuation ratios of Sunlite Recycling Industries Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Strong which suggest that the price of Sunlite Recycling Industries Ltd is likely to Rise in the short term. However, please check the rating on Quality and Valuation before investing

About Sunlite Recycling Industries Ltd

Sunlite Recycling Industries Limited was originally formed as partnership firm under the Indian Partnership Act, 1932 (Partnership Act) in the name and style of M/s. Sunlite Industries, pursuant to a deed of partnership entered between Prahladrai Ramdayal Heda, Nitin Kumar Heda and Khushboo Manishkumar Heda executed on dated September 28, 2017 on the terms and conditions contained in the said partnership deed. Later on, ‘M/s Sunlite Industries’ was thereafter converted from partnership firm to a private limited Company under part I Chapter XXI of Section 366 of the Companies Act, 2013 with the name and style of ‘Sunlite Alucop Private Limited’ and received a certificate of incorporation dated August 04, 2022 issued by the Registrar of Companies, Central Registration Centre. 

Further, pursuant to Special Resolution passed by the shareholders at the Extra Ordinary General Meeting held on January 12, 2024, the name of the company was changed from ‘Sunlite Alucop Private Limited’ to ‘Sunlite Recycling Industries Private Limited’ and a fresh certificate of incorporation consequent upon change of name was issued by the Registrar of Companies, Ahmedabad vide letter dated January 18, 2024. Subsequently, the company was converted into a Public Limited Company vide Special Resolution passed by the Shareholders at the Extra Ordinary General Meeting, held on February 10, 2024 and consequently the name of the company was changed from ‘Sunlite Recycling Industries Private Limited’ to ‘Sunlite Recycling Industries Limited’ vide a fresh certificate of incorporation consequent upon conversion from private company to public company dated April 30, 2024 issued by the Registrar of Companies, Central Processing Centre.

Sunlite Recycling Industries is engaged in the business of manufacturing of 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. Further, it is also engaged in providing job work services for processing of various products of copper, wherein its customers provide it with the copper scrap and it is converting the copper scrap into copper wire and copper wire rod as per customer’s requirement. It employs an internal quality control mechanism to ensure that its finished product conforms to the exact requirement of its customers.

Its Product Portfolio offers a diversified product range which includes variety of grades, thickness, widths and standards, in all types of copper products according to customer specifications. It prioritize environmental and safety considerations in its copper production process. Its approach involves recycling copper scrap utilizing electricity sourced from solar generation and clean natural gas, thus mitigating the pollution associated with conventional oil-based energy sources. Copper is one of the most recycled metals of all the metals. The recycling of copper scrap is gaining importance worldwide simply because of the fact that recovery of copper metal from scrap requires much less energy than its recovery made from primary source. 

Business area of the company

The company is engaged in the business of manufacturing of 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. Further, it is also engaged in providing job work services for processing of various products of copper.

Products of the company

Copper Rods

  • Oxygen Free Copper Rods (OFC)
  • Fire-Refined High Conductivity Copper Rods-(FRHC)

Copper wires

  • Copper earthing wires
  • Copper conductors
  • Copper submersible wires

Copper strips

History and milestones

  • September 28, 2017: Established Partnership firm in the name of ‘M/s. Sunlite Industries’.
  • October 28, 2017: Partnership firm was registered as on October 28, 2017 having registration number GUJVA200549. 
  • August 04, 2022: Conversion from the partnership firm into a Private Limited Company in the name of ‘Sunlite Alucop Private Limited’. 
  • FY 2022-23: Crossed Revenue of Rs 1000 crore. 
  • January 18, 2024: Change in the name of the Company from ‘Sunlite Alucop Private Limited’ to ‘Sunlite Recycling Industries Private Limited’ 
  • April 30, 2024: Conversion of Company from Private Limited Company into Public Limited Company.

You have 46 views remaining as a Guest User. To get DeciZen Rating of 3,500+ Stocks based on their Quality, Valuation and Price Trend Login Now