Sunlite Recycling Industries reported a 181.4% year-on-year increase in profit after tax to ₹401.5 million for FY26, driven by a 97.9% surge in total income to ₹27,647.2 million. The company’s EBITDA for the period grew 150.6% to ₹596.9 million, with margins improving to 2.16% from 1.71% in the previous year. The strong performance was supported by high-volume operations and strategic physical hedging of copper prices.

Financial Performance

The standalone annual income statement highlights significant growth across key metrics. Total expenditure rose to ₹26,631.1 million, but operational efficiencies ensured profitability expanded. Finance costs decreased to ₹23.8 million from ₹30.1 million in FY25, aiding the bottom-line growth. Earnings per share (EPS) for FY26 stood at ₹35.20, up from ₹14.61 in the prior year.

Strategic Expansion Plans

To address growing domestic and export demand, the company will invest ₹37 crore to expand its manufacturing capacity by 21,000 tons by the first quarter of FY28. The project is split between the parent company and its wholly-owned subsidiary, Sunlite Aluminium Private Limited. The expansion will be financed through a mix of bank borrowings and internal accruals.

Capacity Addition Details

The subsidiary will enhance copper product capacity, currently utilized at 93.61%, while the parent company will boost value-added products like Copper Busbars and Oxygen-Free Copper (OFC) Rods. Additionally, the company commenced operations at a new branch office in Ahmedabad on June 29, 2026, to strengthen its market presence in Western India.

Sunlite Recycling Industries will engage with analysts and investors through a virtual meeting scheduled for June 30, 2026. The company's management will interact with Ratnatraya Capital at 4:00 pm IST in a one-to-one format facilitated by its investor relations firm, Kaptify Consulting. This initiative is part of the company's ongoing efforts to maintain transparency with the investment community.

The meeting will be conducted virtually, allowing for direct interaction between the company's leadership and the institutional investor. Sunlite Recycling Industries clarified that no unpublished price sensitive information is intended to be discussed during the session. The dialogue will be strictly based on publicly available information to ensure compliance with regulatory standards.

Meeting Details

The schedule for the interaction has been finalized, though the company noted that the meeting may be cancelled, rescheduled, or postponed due to unavoidable exigencies.

This disclosure was submitted to the National Stock Exchange of India Limited pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations & Disclosure Requirements) Regulations, 2015. The intimation was signed by Nitin Kumar Heda, Managing Director of Sunlite Recycling Industries.