Sunlite Recycling Share Price Target 2025, 2026, 2030, 2040, 2050

Sunlite Recycling share price is drawing attention as India’s demand for sustainable copper products accelerates. With the government pushing for green infrastructure and electrification, investors are keen to spot the next growth leader in copper recycling. Sunlite’s recent IPO and rapid financial growth have made it a stock to watch in the metals sector. Can Sunlite Recycling Industries Ltd deliver on its promise of innovation and sector leadership? For more, visit the official website.
Company Overview
Sunlite Recycling Industries Ltd was established by Prahladrai Ramdayal Heda and is currently managed by CEO Nitin Akshaykumar Heda. The Heda family, with deep roots in the metals trade, holds the majority stake and has driven Sunlite’s transformation from a small proprietorship to a public limited company. The company’s core business is the recycling of copper scrap into products like oxygen-free copper rods, earthing strips, and submersible wires, which are crucial for India’s infrastructure and energy sectors. Sunlite’s plant in Gujarat is equipped with advanced machinery sourced from Germany and China, and the company is recognized for its strict adherence to environmental and safety standards.

The 2024 IPO raised ₹30.24 crore, fueling further expansion and technology upgrades. Sunlite’s network includes partners and directors with extensive experience in metals and recycling, such as Jaimish Patel and Ronak Mehta, supporting its growth and market reach.
Fundamental Analysis
Sunlite’s high ROE and consistent profit growth (60% PAT growth in FY25) reflect efficient capital use and strong demand for recycled copper products. However, the company’s high debt/equity ratio and exposure to copper price volatility are risks to monitor. The management’s focus on reinvestment over dividends signals a long-term growth approach.
Metric | Value |
---|---|
Market Cap | ₹181 Cr |
Current Price | ₹166 |
P/E Ratio | 9.8 |
ROE | 35.6% |
Debt/Equity | 1.74 |
Revenue (FY25) | ₹1,397 Cr |
Net Profit (FY25) | ₹14.3 Cr |
EPS (FY25) | ₹14.61 |
Capacity Utilization | 60% |
Sunlite Recycling Share Price Target 2025
₹150–₹190
As per our analysis, Sunlite Recycling’s share price is likely to move between ₹150 and ₹190 in 2025. This range is supported by the company’s solid FY25 results, new product launches, and stable copper prices. Improved capacity utilization (targeting 65–70%) and robust order flow from the power sector are expected to drive growth, but any sharp correction in copper prices could limit upside.
Month | Price Range (₹) |
---|---|
January | 150–160 |
February | 153–165 |
March | 157–168 |
April | 160–172 |
May | 158–168 |
June | 163–175 |
July | 167–180 |
August | 170–185 |
September | 173–188 |
October | 175–190 |
November | 172–185 |
December | 178–190 |
Sunlite Recycling Share Price Target 2026
₹180–₹225
Based on our research, the share price could fluctuate between ₹180 and ₹225 in 2026. Higher capacity utilization, export contracts, and government incentives for recycling are likely to support this range. However, increased competition and copper price swings may create volatility.
Month | Price Range (₹) |
---|---|
January | 180–190 |
February | 183–195 |
March | 187–198 |
April | 190–202 |
May | 188–205 |
June | 193–209 |
July | 197–212 |
August | 200–217 |
September | 203–219 |
October | 207–223 |
November | 202–220 |
December | 210–225 |
Sunlite Recycling Share Price Prediction 2027
₹210–₹260
Our projections indicate Sunlite’s share price may trade between ₹210 and ₹260 in 2027. This forecast is driven by full utilization of new machinery, rising copper demand in renewables and EVs, and successful execution of export orders. A sector-wide correction could temporarily pull prices lower.
Month | Price Range (₹) |
---|---|
January | 210–220 |
February | 215–225 |
March | 218–230 |
April | 222–235 |
May | 219–238 |
June | 225–242 |
July | 230–247 |
August | 235–252 |
September | 238–256 |
October | 242–260 |
November | 237–255 |
December | 245–260 |
Sunlite Recycling Share Price Target 2028
₹225–₹265
According to our evaluation, the share price could consolidate between ₹225 and ₹265 in 2028. This range reflects the possibility of a sector-wide oversupply or global copper price dip. Long-term contracts and cost control should cushion the downside.
Month | Price Range (₹) |
---|---|
January | 225–235 |
February | 228–238 |
March | 231–241 |
April | 234–245 |
May | 230–248 |
June | 237–251 |
July | 241–254 |
August | 245–258 |
September | 248–261 |
October | 252–265 |
November | 247–260 |
December | 255–265 |
Sunlite Recycling Share Price Prediction 2029
₹240–₹295
We estimate Sunlite’s share price could recover to the ₹240–₹295 range in 2029. Expansion into Southeast Asian markets and premium product launches are expected to reignite growth, but global copper price volatility remains a risk.
Month | Price Range (₹) |
---|---|
January | 240–250 |
February | 245–255 |
March | 248–258 |
April | 252–262 |
May | 249–265 |
June | 255–270 |
July | 260–275 |
August | 265–280 |
September | 268–285 |
October | 272–290 |
November | 267–288 |
December | 275–295 |
Sunlite Recycling Share Price Target 2029
₹270–₹340
Our model suggests a price range of ₹270–₹340 in 2030. India’s renewable energy push and global copper scarcity are likely to drive long-term growth, but regulatory changes and technological shifts could impact performance.
Month | Price Range (₹) |
---|---|
January | 270–280 |
February | 275–285 |
March | 278–290 |
April | 282–295 |
May | 277–300 |
June | 285–310 |
July | 290–315 |
August | 295–320 |
September | 298–325 |
October | 302–330 |
November | 297–335 |
December | 305–340 |
Sunlite Recycling Share Price 2040
₹600–₹800
By our long-term forecast, Sunlite’s share price could reach ₹600–₹800 in 2040. This assumes sustained sector leadership, export growth, and adoption of advanced recycling technologies.
Year | Price Range (₹) |
---|---|
2040 | 600–800 |
Sunlite Recycling Share Price 2050
₹1,200–₹1,600
Speculatively, Sunlite’s stock may reach ₹1,200–₹1,600 by 2050, if global copper demand surges and Sunlite maintains sector leadership.
Year | Price Range (₹) |
---|---|
2050 | 1200–1600 |
Peer Comparison
Sunlite’s high ROE and focus on recycled copper give it an edge among SME peers, but its smaller scale compared to Gravita India limits immediate upside.
Company | Market Cap (₹ Cr) | P/E | ROE |
---|---|---|---|
Sunlite Recycling | 181 | 9.8 | 35.6% |
Baheti Recycling | 196 | 38 | 20.7% |
Gravita India | 6,434 | 29 | 39.2% |
Bull & Bear Case Scenarios
Bull Case:
- Capacity utilization above 75%
- Robust demand from power and electronics sectors
- New export contracts and product innovation
- Government incentives for recycling
Bear Case:
- Sudden correction in copper prices
- Higher debt servicing costs
- Delays in capacity ramp-up
- Increased competition from larger players
Investment Recommendation
Verdict: Hold (May 2025)
Sunlite Recycling Industries Ltd offers strong growth potential, but sector risks remain. Investors should monitor copper prices, capacity utilization, and quarterly results. For real-time data and quarterly updates, check Moneycontrol’s SUNLITE page. For company background and financials, see the Screener profile.
Conclusion
Sunlite Recycling Industries Ltd is well-positioned to benefit from India’s green manufacturing and infrastructure boom. The company’s high ROE, expanding capacity, and focus on recycled copper products support a positive long-term outlook. However, investors should remain cautious about copper price swings and the company’s debt levels. Regularly tracking sector news and Sunlite’s quarterly performance will be key for making informed investment decisions.
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Disclaimer
This article is for informational purposes only and does not constitute financial advice. Investing in shares involves risk, including possible loss of capital. Please consult a SEBI-registered financial advisor before making any investment decisions. The author and platform are not responsible for any losses based on this content.