What we do Sunlite Recycling Industries Ltd manufactures high-quality copper products from recycled copper scrap, serving power, transmission, distribution, and electronics sectors with sustainable solutions. |
Founded in 2,012 |
Market share Leading manufacturer in India's copper recycling sector supplying rods, wires, strips, and conductors. |
Problem solved Addresses copper scrap waste by recycling into electrical-grade copper products, promoting sustainability and resource efficiency. |
Top clients or who we serve B2B customers including power generation, electrical transmission, distribution companies, and electronics manufacturers. |
Key management Mr. Nitin Kumar Heda (Managing Director), Mr. Prahladrai Ramdayal Heda (Whole-time Director & Chairman) |
Our journey and innovations Started as proprietorship in 2012; expanded manufacturing capabilities with wire drawing and CCR machines; IPO in 2024; launched new copper busbar and annealed tinned coated copper products in 2025. |
Where we operate Based in Gujarat, India, primarily serving national markets in electrical and power sectors. |
Top products or what we offer Copper rods, wires, earthing strips, conductors, wire bars, copper busbars, and annealed tinned coated copper. |
Top brands - |
Raw materials needed Copper scrap for recycling into finished copper products. |
Raw materials supplier Sourced from scrap suppliers and recycling channels within India. |
Recurring vs cyclical contribution Revenue is largely recurring from ongoing manufacturing orders in electrical and power industries. |
Our industry position Strong growth with IPO listing; recognized for quality copper recycling products and sector leadership in India. |
Financial highlights Revenue Rs.1397 Crores and profit Rs.14.27 Crores in FY 2024-25 with steady year-on-year growth. |
Geographical revenue split Primarily domestic Indian market; no specified international revenue data. |
Order book - |
Whats driving growth Expansion of product portfolio, forward integration, investments in advanced machinery, and increasing demand from renewable and electrical sectors. |
Our future plans Scale operations with new product lines like copper busbars and annealed tinned copper; planned Rs.6 crore capex in production capacity. |
Our green promise Focuses on recycling copper scrap, minimizing waste, and environmentally safe copper manufacturing processes. |
Our people and values Dedicated skilled workforce with strong compliance culture; continuous skills upgrading and safety adherence. |
Key challenges ahead Regulatory compliances, ongoing tax and GST disputes, market competition, and supply chain management. |
Interesting facts Successfully transitioned from partnership to public limited company and completed IPO raising Rs.30.24 crore in 2024. |
Risks and strategy Managing regulatory disputes through appeals and compliance; leveraging innovation and quality to maintain competitive edge. |
