Sunlite Recycling FY26 profit after tax jumps 181.4% to ₹401.5 million as income climbs 97.9%
AI Market Summary
Sunlite Recycling reported sharp FY26 earnings growth on nearly doubled revenue, helped by high throughput and physical copper hedging. The company's plan to invest ₹37 crore to add 21,000 tons of capacity by FY28, including major copper product expansion at high utilization, signals firm end-demand and reinforces attention on industrial metals flows. Near term, the news is supportive for copper-linked sentiment and downstream fabrication activity.
Impact level
● Medium
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▲ Bullish
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Sunlite Recycling Industries reported FY26 profit after tax of ₹401.5 million, up 181.4% year on year, as total income rose 97.9% to ₹27,647.2 million. EBITDA increased 150.6% to ₹596.9 million and the margin improved to 2.16% from 1.71%. The company attributed the performance to high-volume operations and strategic physical hedging of copper prices. It also outlined a ₹37 crore plan to add 21,000 tons of capacity by the first quarter of FY28, including a 20,000-ton copper products expansion at subsidiary Sunlite Aluminium and additional value-added copper products capacity at the parent company.
