Sunlite Recycling Industries (NSE:SUNLITE) ROE %: 45.19% (As of Mar. 2026) — Near Median


NSE:SUNLITE Sunlite Recycling Industries Ltd NSE:SUNLITE
44 GF Score
Price ₹440.45
! 1 Warning Sign
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What is Sunlite Recycling Industries ROE %?

Sunlite Recycling Industries NSE:SUNLITE -0.83% 44 ROE % is 45.19% as of Mar. 2026, which is 2% above its 10-year median of 44.22. GuruFocus rates NSE:SUNLITE with a GF Score™ of 44/100. The stock has 1 warning sign investors should review. Among 3,009 Industrial Products companies, Sunlite Recycling Industries ranks better than 98.07% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Sunlite Recycling Industries's annualized net income for the quarter that ended in Mar. 2026 was ₹533 Mil. Sunlite Recycling Industries's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ₹1,180 Mil. Therefore, Sunlite Recycling Industries's annualized ROE % for the quarter that ended in Mar. 2026 was 45.19%.

The historical rank and industry rank for Sunlite Recycling Industries's ROE % or its related term are showing as below:

NSE:SUNLITE' s ROE % Range Over the Past 10 Years
Min: 36.27   Med: 44.22   Max: 80.14
Current: 41.56

During the past 6 years, Sunlite Recycling Industries's highest ROE % was 80.14%. The lowest was 36.27%. And the median was 44.22%.

NSE:SUNLITE's ROE % is ranked better than
98.07% of 3009 companies
in the Industrial Products industry
Industry Median: 5.91 vs NSE:SUNLITE: 41.56

Sunlite Recycling Industries  (NSE:SUNLITE) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=533.138/1179.8115
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(533.138 / 33375.772)*(33375.772 / 1904.7275)*(1904.7275 / 1179.8115)
=Net Margin %*Asset Turnover*Equity Multiplier
=1.6 %*17.5226*1.6144
=ROA %*Equity Multiplier
=28.04 %*1.6144
=45.19 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=533.138/1179.8115
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (533.138 / 713.196) * (713.196 / 735.164) * (735.164 / 33375.772) * (33375.772 / 1904.7275) * (1904.7275 / 1179.8115)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7475 * 0.9701 * 2.2 % * 17.5226 * 1.6144
=45.19 %

Note: The net income data used here is two times the semi-annual (Mar. 2026) net income data. The Revenue data used here is two times the semi-annual (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Sunlite Recycling Industries ROE % Related Terms


Sunlite Recycling Industries ROE % Historical Data

* Premium members only.

The historical data trend for Sunlite Recycling Industries's ROE % 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 ROE % Chart

Sunlite Recycling Industries Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROE %
Get a 7-Day Free Trial 47.85 73.69 80.14 36.27 37.00

Sunlite Recycling Industries Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
ROE % Get a 7-Day Free Trial Premium Member Only 51.54 39.50 25.57 42.69 45.19

NSE:SUNLITE vs VRT, BE: ROE % Comparison

For the Electrical Equipment & Parts subindustry, Sunlite Recycling Industries's ROE %, along with its competitors' market caps and ROE % 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 ROE % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Sunlite Recycling Industries's ROE % distribution charts can be found below:

* The bar in red indicates where Sunlite Recycling Industries's ROE % falls into.


NSE:SUNLITE
44GF Score
Sunlite Recycling Industries Ltd NSE:SUNLITE
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Sunlite Recycling Industries ROE % Calculation

Sunlite Recycling Industries's annualized ROE % for the fiscal year that ended in Mar. 2026 is calculated as

ROE %=Net Income (A: Mar. 2026 )/( (Total Stockholders Equity (A: Mar. 2025 )+Total Stockholders Equity (A: Mar. 2026 ))/ count )
=410.016/( (600.255+1615.921)/ 2 )
=410.016/1108.088
=37.00 %

Sunlite Recycling Industries's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Sep. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=533.138/( (743.702+1615.921)/ 2 )
=533.138/1179.8115
=45.19 %

* 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.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is two times the semi-annual (Mar. 2026) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 45.19% mean?
Sunlite Recycling Industries (NSE:SUNLITE) has a ROE % of 45.19% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Sunlite Recycling Industries and its competitors. This is near median its historical median of 44.22. Over the past decade, Sunlite Recycling Industries' ROE % has ranged from 36.27 to 80.14. According to the industry distribution chart, Sunlite Recycling Industries ranks #58 out of 3009 companies in the Industrial Products industry, placing it in the top 1.9%.
Is Sunlite Recycling Industries' ROE % too high?
Sunlite Recycling Industries' current ROE % of 45.19% is near median its 10-year median of 44.22. Over the past 10 years, this metric has ranged from a low of 36.27 to a high of 80.14. The Industrial Products industry median ROE % is 5.91. Sunlite Recycling Industries' value of 45.19% is 664.6% above this industry median. Based on the distribution chart, Sunlite Recycling Industries ranks #58 out of 3009 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Sunlite Recycling Industries has a GF Score™ of 44/100, reflecting its overall financial health beyond just this single metric.
How does Sunlite Recycling Industries' ROE % compare to VRT and BE?
According to the Industrial Products industry distribution chart, Sunlite Recycling Industries ranks #58 out of 3009 companies for ROE %. This places Sunlite Recycling Industries in the top 2% of its industry — outperforming the majority of peers. The industry median ROE % is 5.91. Sunlite Recycling Industries' value of 45.19% is 664.6% above this benchmark. Historically, Sunlite Recycling Industries' own ROE % has ranged from 36.27 to 80.14 over the past decade. While the company's 10-year median is 44.22 vs. the industry median of 5.91, Sunlite Recycling Industries has consistently been above 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 ROE % for an Industrial Products company?
The median ROE % among Industrial Products companies is 5.91, based on 3,009 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Sunlite Recycling Industries's current ROE % of 45.19% is 664.6% above 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Sunlite Recycling Industries and its competitors. For the Industrial Products industry, the median ROE % is 5.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sunlite Recycling Industries's current ROE % is 45.19%, which is near median its own 10-year median of 44.22. 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 ROE % of 45.19%. The current ROE % is 45.19%, which is near median its 10-year median of 44.22 and 664.6% above the Industrial Products industry median of 5.91. Sunlite Recycling Industries' overall GF Score™ is 44/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Sunlite Recycling Industries (NSE:SUNLITE), the current ROE % is 45.19% 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.
44GF Score

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