Sunlite Recycling Industries (NSE:SUNLITE) Debt-to-Equity: 0.13 (As of Mar. 2026) — 94% Below Median

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NSE:SUNLITE Sunlite Recycling Industries Ltd NSE:SUNLITE
46 GF Score
Price ₹463.85
! 2 Warning Signs
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What is Sunlite Recycling Industries Debt-to-Equity?

Sunlite Recycling Industries NSE:SUNLITE -0.09% 46 Debt-to-Equity is 0.13 as of Mar. 2026, which is 94% below its 10-year median of 2.03. GuruFocus rates NSE:SUNLITE with a GF Score™ of 46/100. The stock has 2 warning signs investors should review. Among 2,685 Industrial Products companies, Sunlite Recycling Industries ranks better than 69.46% on this metric.

Sunlite Recycling Industries's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ₹124 Mil. Sunlite Recycling Industries's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ₹83 Mil. Sunlite Recycling Industries's Total Stockholders Equity for the quarter that ended in Mar. 2026 was ₹1,616 Mil. Sunlite Recycling Industries's debt to equity for the quarter that ended in Mar. 2026 was 0.13.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Sunlite Recycling Industries's Debt-to-Equity or its related term are showing as below:

NSE:SUNLITE' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.13   Med: 2.03   Max: 12.83
Current: 0.13

During the past 6 years, the highest Debt-to-Equity Ratio of Sunlite Recycling Industries was 12.83. The lowest was 0.13. And the median was 2.03.

NSE:SUNLITE's Debt-to-Equity is ranked better than
69.46% of 2685 companies
in the Industrial Products industry
Industry Median: 0.29 vs NSE:SUNLITE: 0.13

Sunlite Recycling Industries  (NSE:SUNLITE) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Sunlite Recycling Industries Debt-to-Equity Related Terms


Sunlite Recycling Industries Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Sunlite Recycling Industries's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Sunlite Recycling Industries Debt-to-Equity Chart

Sunlite Recycling Industries Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Debt-to-Equity
Get a 7-Day Free Trial 2.19 12.83 1.87 0.15 0.13

Sunlite Recycling Industries Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only 1.87 0.37 0.15 0.31 0.13

NSE:SUNLITE vs VRT, BE: Debt-to-Equity Comparison

For the Electrical Equipment & Parts subindustry, Sunlite Recycling Industries's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Sunlite Recycling Industries Debt-to-Equity vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Sunlite Recycling Industries's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Sunlite Recycling Industries's Debt-to-Equity falls into.


NSE:SUNLITE
46GF Score
Sunlite Recycling Industries Ltd NSE:SUNLITE
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Sunlite Recycling Industries Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Sunlite Recycling Industries's Debt to Equity Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Sunlite Recycling Industries's Debt to Equity Ratio for the quarter that ended in Mar. 2026 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 0.13 mean?
Sunlite Recycling Industries (NSE:SUNLITE) has a Debt-to-Equity of 0.13 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Sunlite Recycling Industries and its competitors. This is 94% below median its historical median of 2.03. Over the past decade, Sunlite Recycling Industries' Debt-to-Equity has ranged from 0.13 to 12.83. According to the industry distribution chart, Sunlite Recycling Industries ranks #820 out of 2685 companies in the Industrial Products industry, placing it in the top 30.5%.
Is Sunlite Recycling Industries' Debt-to-Equity too high?
Sunlite Recycling Industries' current Debt-to-Equity of 0.13 is 94% below median its 10-year median of 2.03. Over the past 10 years, this metric has ranged from a low of 0.13 to a high of 12.83. The Industrial Products industry median Debt-to-Equity is 0.29. Sunlite Recycling Industries' value of 0.13 is 55.2% below this industry median. Based on the distribution chart, Sunlite Recycling Industries ranks #820 out of 2685 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Sunlite Recycling Industries has a GF Score™ of 46/100, reflecting its overall financial health beyond just this single metric.
How does Sunlite Recycling Industries' Debt-to-Equity compare to VRT and BE?
According to the Industrial Products industry distribution chart, Sunlite Recycling Industries ranks #820 out of 2685 companies for Debt-to-Equity. This puts Sunlite Recycling Industries in the upper half of its industry. The industry median Debt-to-Equity is 0.29. Sunlite Recycling Industries' value of 0.13 is 55.2% below this benchmark. Historically, Sunlite Recycling Industries' own Debt-to-Equity has ranged from 0.13 to 12.83 over the past decade. While the company's 10-year median is 2.03 vs. the industry median of 0.29, Sunlite Recycling Industries has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for an Industrial Products company?
The median Debt-to-Equity among Industrial Products companies is 0.29, based on 2,685 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Sunlite Recycling Industries's current Debt-to-Equity of 0.13 is 55.2% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Sunlite Recycling Industries and its competitors. For the Industrial Products industry, the median Debt-to-Equity is 0.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sunlite Recycling Industries's current Debt-to-Equity is 0.13, which is 94% below median its own 10-year median of 2.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sunlite Recycling Industries stock overvalued right now?
Sunlite Recycling Industries (NSE:SUNLITE) has a current Debt-to-Equity of 0.13. The current Debt-to-Equity is 0.13, which is 94% below median its 10-year median of 2.03 and 55.2% below the Industrial Products industry median of 0.29. Sunlite Recycling Industries' overall GF Score™ is 46/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Sunlite Recycling Industries (NSE:SUNLITE), the current Debt-to-Equity is 0.13 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Sunlite Recycling Industries Business Description

Address Survey No. 270A & Plot No. 1, Survey No. 267, Chhatha Mile, Dantali, Vaso, Kheda, GJ, IND, 387350
Sunlite Recycling Industries Ltd is engaged in the business of manufacturing of copper rods & wires, copper earthing wires, copper earthing strips, copper conductors, copper wire bars etc. through recycling of copper scrap, which has electrical and mechanical properties suitable for applications in power generation, transmission, distribution and electronic industries. Further, it is also engaged in providing job work services for processing of various products of copper, wherein its customers provide company with the copper scrap and the company converts the copper scrap into copper wire and copper wire rod as per customer's requirement. It employs an internal quality control mechanism to ensure that its finished product conforms to the exact requirement of its customers.
46GF Score

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