Sunlite Recycling Industries Limited · NSE:SUNLITE
Sunlite Recycling Industries — H1 FY2026 Earnings Presentation
35 slides from Sunlite Recycling Industries's earnings presentation, Nov 12, 2025
Slide 1: Stock exchange filing cover letter
_________________________________________________________________________________________________ Date: 12th November, 2025 To, National Stock Exchange of India Limited Exchange Plaza, 5th Floor, Plot No. C-1, G Block, Bandra Kurla Complex, Bandra (E), Mumbai 400051 NSE Code: SUNLITE Sub: Sunlite Re
Slide 2: Sunlite Recycling Industries Limited Investor Presentation November 2025
SUNLITE RECYCLING INDUSTRIES LIMITED Investor Presentation November 2025 www.sunliteindustries.com
Slide 3: Contents
01 KEY HIGHLIGHTS – H1FY26 02 ABOUT US CONTENTS 03 BUSINESS OVERVIEW 04 WAY FORWARD 05 INDUSTRY OVERVIEW 2
Slide 4: Key Highlights - H1 FY26
PERFORMANCE KEY HIGHLIGHTS - H1 FY26 www.sunliteindustries.com 3
Slide 5: Key Highlights – H1 FY26
KEY HIGHLIGHTS – H1 FY26 76% 61% 83% 103% Revenue YoY Sales Volume YoY EBITDA YoY PAT YoY % 4
Slide 6: Performance Highlights – H1FY26 (1/2)
PERFORMANCE HIGHLIGHTS – H1FY26 ….(1/2) (₹ in million except EPS) Total Revenue EBIDTA PBT PAT 11,223 219 6,368 192 143 119 94 71 H1FY25 H1FY26 H1FY25 H1FY26 H1FY25 H1FY26 H1FY25 H1FY26 5
Slide 7: Performance Highlights – H1FY26 (2/2)
PERFORMANCE HIGHLIGHTS – H1FY26….(2/2) EBITDA Per EPS (Rs) Sales Volume (MT) Tonne (Rs) 17,516 12,502 13.18 7,753 8.16 15,407 H1FY25 H1FY26 H1FY25 H1FY26 H1FY25 H1FY26 6
Slide 8: Income Statement – H1FY26
INCOME STATEMENT – H1FY26 (₹ in million except EPS) Particulars H1FY26 H2FY25 H1FY25 YoY (%) HoH (%) Total Income 11,223.1 7,599.2 6,367.9 76.2 47.7 Total Expenditure 11,004.1 7,480.5 6,248.4 76.1 47.1 EBITDA 219.0 118.8 119.4 83.3 84.4 EBITDA Margin 1.95% 1.56% 1.88% 8 bps 39 bps Depreciation 16.1
Slide 9: About Us
INTRODUCTION ABOUT US www.sunliteindustries.com 8
Slide 10: About Us
Established in 2012, Sunlite Recycling Industries specializes in manufacturing diverse copper products from recycled scrap at its state-of-the-art plant in Kheda, Gujarat ABOUT The company specializes in processing copper scrap sourced from domestic market as well as imports — including from Saudi A
Slide 11: Journey Till Now
JOURNEY TILL NOW 2012 2023 2024 Established as a proprietorship firm Crossed revenue of Rs. 1,000 The Company got listed on NSE SME Manufacturing oxygen-free copper crore. with an Issue Size of Rs. 30.24 Cr & rods (250 MT/month capacity). IPO getting oversubscribed by more than 260 Times. 2022 2025
Slide 12: Board of Directors
BOARD OF DIRECTORS Nitin Kumar Heda Prahladrai Ramdayal Heda Khushboo Manishkumar Heda Manish Kumar Heda Managing Director Chairman & Whole time Director Non-Executive Director Chief Financial Officer 11
Slide 13: Business Overview
BUSINESS OVERVIEW BUSINESS OVERVIEW www.sunliteindustries.com 12
Slide 14: Key Facts & Figures (1/2)
KEY FACTS & FIGURES…(1/2) 30+ years 110+ 250+ ISO 9001:2015 Experience in Recycling Employee Strength Satisfied Customers QMS Certification 995 KW 25,000 MTPA 12,152 sq. mtr Sustainability Rooftop Total Installed Capacity – Total Area Solar Capacity Copper Wire Rods 13
Slide 15: Key Facts & Figures (2/2)
KEY FACTS & FIGURES…(2/2) • Pure B2B Model: 100% B2B with stable, high-volume contracts • Diversified Revenue Base: Top 20 clients account for ~50% of revenue, ensuring stable cash flows with no dependency on any single customer • Strategic Location: Gujarat proximity cuts logistics costs, accelerat
Slide 16: Manufacturing Facilities
MANUFACTURING FACILITIES State-of-the-art facility in Kheda, Gujarat, India Processes segregated copper scrap through bailing, Electricity is sourced from solar generation furnace melting at 1200°C and conversion into copper and clean natural gas for recycling of copper rods, wires including ATC and
Slide 17: Business Model
High-Volume, High-Turnover Model: ▪ Rapid asset turnover driven by efficient processing of high-volume copper, BUSINESS ensuring strong cash flow generation. ▪ Streamlined operations minimize bottlenecks, enhancing throughput and profitability. MODEL Strategic Physical Hedging: Core Activity: ▪ Robu
Slide 18: Product Portfolio (1/4) – Copper Rods
PRODUCT PORTFOLIO (1/4) Fire-Refined High Conductivity (FRHC) Copper Rods COPPER RODS ▪ Renowned for their excellent electrical conductivity, FRHC copper rods are a versatile material widely used across various industrial applications. ▪ They are essential in the manufacturing of household and indus
Slide 19: Product Portfolio (2/4) – Copper Rods
PRODUCT PORTFOLIO (2/4) Oxygen Free Copper Rods (OFC) COPPER RODS ▪ OFC is a high-purity copper alloy that has been refined to remove all traces of oxygen and other impurities ▪ Also known for its excellent electrical conductivity, thermal conductivity, and low susceptibility to embrittlement 18
Slide 20: Product Portfolio (3/4) – Copper Wires
PRODUCT PORTFOLIO (3/4) Copper Earthing Wires COPPER WIRES ▪ The earthing or grounding system involves connecting the metallic components to an earth plate or earth electrode via an earth lead buried in moist soil Copper Submersible Wires ▪ Essential for powering submersible pumps, especially where
Slide 21: Product Portfolio (4/4) – Copper Strips
PRODUCT PORTFOLIO (4/4) Copper Strips COPPER STRIPS ▪ Copper strips are thin, flat pieces of copper that come in various widths and thicknesses ▪ Copper strips are malleable, allowing for precise shaping and forming ▪ These strips are durable and can withstand mechanical stress ▪ The oxygen-free cop
Slide 22: New Value-Added Product (1/2)
NEW VALUE-ADDED PRODUCT (1/2) Annealed Tinned Coated Copper (ATC) ▪ ATC is a premium, high-conductivity copper wire/rod produced from 99.99% pure recycled copper ▪ Annealed for flexibility and electroplated with a uniform tin layer to prevent oxidation. ▪ ATC is a critical input in solar and electri
Slide 23: New Value-Added Product (2/2)
NEW VALUE-ADDED PRODUCT (2/2) Copper Bus bars ▪ High-conductivity, solid rectangular conductors manufactured from electrolytic tough pitch (ETP) recycled copper ▪ Efficiently distribute large electrical currents in power systems with minimal voltage drop and heat loss ▪ Applications include Switchge
Slide 24: Business Expansion Overview
BUSINESS EXPANSION OVERVIEW To support our expansion have: ▪ Completed construction manufacturing facility Infrastructure & ▪ Invested in advanced including: Machinery Investment Fine Wire Drawing Copper Wire Bunching Machine (with tooling) Payoff Machine Factory Shed This strategic investment refle
Slide 25: Capacity (MTPA) & Utilization (%)
Copper Rods CAPACITY (MTPA) & 87.18% 91.73% 92.20% UTILIZATION (%) 16,580.00 16,790.00 25,000.00 FY24 FY25 H1FY26* Value Added Products – H1FY26* 82.09% Copper Wires 65.94% 47.92% 17.84% 56.14% 960 720 1,900.00 1,900.00 1,900.00 Copper Wires (ATC) Copper Busbars FY24 FY25 H1FY26* Total Capacity 82.4
Slide 26: Revenue Breakup Geography Wise – H1FY26
REVENUE BREAKUP GEOGRAPHY WISE – H1FY26 36.14% 31.36% 7.47% 6.94% 6.39% Gujarat Dadra & Nagar Haveli Maharashtra Rajasthan Madhya Pradesh Products sold in 11.70% 10+ STATES 88.30% Other states such as Tamil Nadu, & Union territories of revenue from top 5 States Rajasthan, Goa etc contributed 25
Slide 27: Global Presence
GLOBAL PRESENCE UK Europe USA Dubai Israel Saudi Arabia Malaysia South Africa Australia 26
Slide 28: Key Competitive Advantages
KEY COMPETITIVE ADVANTAGES High ROE and ROCE Driven Growth Fully Integrated Model Forward Integration – Higher margin B2C segment ▪ Efficient capital utilization through recycling- Scrap → Rod → Wire → Busbar/Strips based manufacturing. ▪ Wires and cables (ATC) ▪ This integration ensures: ▪ Rapid as
Slide 29: Way Forward
WAY FORWARD WAY FORWARD www.sunliteindustries.com 28
Slide 30: Way Forward
Expand Solar Capacity by 80% in FY26 to strengthen renewable energy usage Focus on revenue growth from the newly launched Copper Bus Bar production line Double the capacity of the Annealed Tinned Copper unit to meet growing market demand (from 3 MT/day to 6 MT/day by Jan 2026) WAY FORWARD WAY FORWAR
Slide 31: Annual Income Statement
ANNUAL INCOME STATEMENT (₹ in million except EPS) Particulars FY23 FY24 FY25 Total Income 7,403.0 11,662.7 13,967.1 Total Expenditure 7,296.2 11,476.4 13.728.9 EBITDA 106.8 186.4 238.2 EBITDA Margin 1.44% 1.60% 1.71% Other Income 3.5 2.8 4.0 Depreciation 12.9 23.2 19.7 Finance Cost 34.1 46.8 30.6 Pr
Slide 32: Balance Sheet
BALANCE SHEET Particulars FY24 FY25 H1FY26 Particulars FY24 FY25 H1FY26 Equity & Liabilities Assets Share Capital 80.00 108.80 108.80 Non-Current Assets Reserves & Surplus 106.81 491.46 634.90 Property, Plant and 119.94 148.35 182.75 Equipment Total Equity 186.81 600.26 743.70 Capital Work In Progre
Slide 33: Industry Overview
INDUSTRY OVERVIEW INDUSTRY OVERVIEW www.sunliteindustries.com 32
Slide 34: Industry Overview
INDUSTRY In the domestic market, 40% of copper is consumed by OVERVIEW the infrastructure and construction sector, with 11-13% each used in the automobile and consumer durable sectors. The GoI’s focus on affordable housing, smart city projects, the Defence sector, and the expansion of EV infrastruct
Slide 35: Thank You!
SUNLITE RECYCLING INDUSTRY LIMITED THANK Survey No. 270A & Plot No. 1, Survey No. 267, Chhatha Mile, Kheda,Gujarat – 387350 www.sunliteindustries.com YOU ! KAPTIFY® Consulting Strategy & Investor Relations | Consulting Tel: +91-845 288 6099 | Email: contact@kaptify.in www.kaptify.in 34
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