Sunlite Recycling Share Price Target 2025, 2026, 2030, 2040, 2050
Sunlite Recycling Industries is an Indian company that manufactures copper goods from old, recycled copper. The company produces rods, wires, conductors, earthing wires, strips, and wire bars in a variety of sizes and varieties. These copper materials are utilized in a variety of applications, including generating and transferring electricity, as well as electronics. The company is mindful of environmental pollution and works to safeguard it by recycling copper, which conserves natural resources and decreases pollution. To compete in the market, they ensured that their product was of good quality.
About Sunlite Recycling Industries Ltd NSE: SUNLITE
Sunlite Recycling Industries was founded in 2012 by Prahladrai Ramdayal, Nitin Kumar, and Khushboo Manishkumar Heda. The company is based in Kheda, Gujarat, and specializes in recycling copper to produce usable items such as copper rods, high-quality copper rods, wires, earthing strips, and conductors. These products are mostly utilized in electricity distribution, power generating, and electronics. It operates a massive manufacturing facility that covers 12,000 square meters. The organization values the environment and employs eco-friendly practices such as a rooftop solar plant, cleaner fuels, and recycling systems.
It has been steadily growing and profits from its various product companies. The company manufactures a wide range of copper products, including earthing strips, copper rods, earthing wires, conductors, and wire bars. This diverse product line enables the company to serve a large spectrum of consumers while also meeting the needs of various industries. It also adheres to high quality standards and holds ISO 9001:2015 accreditation for quality management systems. Our study suggests a share price target of ₹248 for 2025.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2025 | 91 | 248 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 132 | 160 |
| February | 118 | 147 |
| March | 91 | 142 |
| April | 92 | 123 |
| May | 111 | 167 |
| June | 127 | 179 |
| July | 134 | 183 |
| August | 142 | 190 |
| September | 150 | 198 |
| October | 157 | 211 |
| November | 174 | 228 |
| December | 187 | 248 |
The company is performing well financially. The company manufactures copper wires and rods by recycling old copper, and it operates its operations efficiently. It is making good profits and has improved its financial strength as it has reduced its debt. The company does not give dividends, which means it is keeping its profits to invest more in its business and grow further. Overall, it is in good financial condition, and focused on growing more in future. In 2026, its share price target would be ₹390, as per our analysis.
Initially, it simply produces oxygen-free copper rods. As more goods were added, the brand gained popularity in the copper sector. Today, it is known for producing high-quality copper goods from the finest resources. It has extensive experience, and the company offers cutting-edge technology, helpful services, and customized services to meet the diverse needs of its customers. They expanded their product line with OFC, Fire-Refined High Conductivity Copper Rods, Wires, Earthing Wires, Conductors, Submersible Wires, and Earthing Strips. We forecast a share price objective of ₹528 in 2027.
According to our analysis, the share price is expected to range from ₹342 to ₹528 by 2027.
It employs cutting-edge technology to produce high-quality oxygen-free copper rods at its factory in India. These rods come in a variety of diameters and are meticulously tailored to each customer’s specific requirements. It ensures that each rod is highly conductive and long-lasting. Because the copper rods contain no oxygen, they reduce signal loss, making them ideal for critical and high-frequency electrical circuits. It also worries about the environment and makes the rods using an induction furnace, which is less harmful to the environment. Our study suggests that the share price target for 2028 is ₹680.
In 2028, the share price is expected to range from ₹472 to ₹680.
Using current technologies, the organization consistently maintains high quality, meticulous work, and innovative ideas. Its copper melting equipment is made with German technology and performs admirably and consistently. The rolling equipment, purchased from reputable businesses in China and Italy, improves the company’s capacity to manufacture more. The company also cares about the environment, thus it uses natural gas as furnace fuel, which helps to lessen environmental impact. We forecast a share price objective of ₹833 in 2029.
According to our analysis, the share price will range from ₹625 to ₹833 in 2029.
This company produces high-quality copper wires ranging in thickness from 0.5 mm to 5.00 mm, which are utilized in a variety of applications including electrical work, electronics, and communication. The plant features a specialized lab with advanced testing equipment to ensure quality. These tools assess essential factors such as how well the wire conducts electricity, how resistant the copper is, how far the wire can stretch before breaking, and how strong it is. These actions are performed at various stages of manufacture to ensure that each wire is of good quality and functions well for clients. Our analysis suggests that the company’s share price goal for 2030 is ₹1000.
In 2030, we anticipate its share price to range from ₹765 to ₹1000.
Earthing wires are utilized in a wide range of sectors and come in a variety of sizes. The company manufactures these lines to protect towers, machinery, and electrical systems from lightning and other electrical signals that can create difficulties. These wires are also useful in solar panels and wind turbines, as they protect the equipment from electrical problems and lightning damage. These wires are composed of high-quality copper, which is excellent for carrying electricity, resists rusting, and lasts a long time. We forecast a share price goal of ₹2117 by 2040.
Our estimate suggests that its share price in 2040 will range from ₹1971 to ₹2117.
They produce high-quality Copper Earthing Strips with greatest accuracy, ensuring that each strip meets the customer’s specifications. These strips are available in a variety of sizes, ranging from 12 mm x 3 mm to 80 mm x 6 mm, and are manufactured utilizing rapid and reliable procedures. These Copper Earthing Strips stand out due to their glossy, mirror-like surface. This smooth surface not only improves the beauty of the strips, but also protects them from corrosion and damage. As a result, the strips are more durable and attractive than many other solutions on the market. Our study suggests that the share price forecast for 2050 is ₹3421.
In 2050, we anticipate its share price to range from ₹3159 to ₹3421.
Should buy Sunlite Recycling stock?
It manufactures copper products by recycling old copper, which is beneficial to the environment. It manufactures a wide range of electrical and electronic components while adhering to high quality standards. The company is expanding, has less debt, and uses its profits to grow the business. The company has the potential to grow further if it continues to provide high-quality products at competitive prices.
Positive View
- The company’s sales increased from ₹93.72 Cr in FY22 to ₹116.66 Cr in FY24.
Profit increased from ₹4.26 Cr to ₹8.90 Cr over that period.
It has an extremely high Return on Equity (ROE) of 75.23%.
The return on capital employed (ROCE) is 31.35%, indicating that the company makes effective use of its capital.
The company’s debt-to-equity ratio has been cut significantly, from 12.84 to 1.74.
It is in a good business, as the need for recycled copper is increasing.Negative View
- The company relies heavily on copper scrap, and its price fluctuates.
It is a new firm on the stock exchange.
It confronts stiff competition from larger, more established competitors in the same industry.
Conclusion
It is an Indian company that manufactures copper items by recycling old copper, which is beneficial to the environment. Its goods find application in power and electronics. The company is expanding rapidly, increasing its profits, and reducing its debt. It manufactures its items in current, environmentally sustainable ways. It has the potential to grow significantly in the future.