Sunlite Recycling

What Sunlite Recycling does

Sunlite Recycling Industries Ltd. (NSE: SUNLITE) is an Indian copper products manufacturer that processes globally-sourced copper scrap into seven core product lines: Oxygen Free Copper (OFC) rods, Fire-Refined High Conductivity Copper (FRHC) rods, copper wires, copper earthing wire, copper conductors, copper submersible wires, and copper earthing strips. Founded in 2012 in Gujarat, the company operates a single integrated manufacturing facility in Dantali, Kheda, with current installed production capacity of 2,000 MT per month. Its manufacturing process combines Upcast Technology for OFC rod production (20 MT/day output), German-engineered melting furnaces and quality testing equipment (oxygen analyser, spectrometer), and wire drawing and precision cutting machinery imported from China and Italy. The company sources copper scrap from suppliers in 10+ countries, ranking as the 2nd highest importer of copper scrap to India in 2023, which provides raw material security and margin capture across the value chain.

The company's business model is straightforward B2B hardware sales: finished copper products are sold directly to industrial customers in five primary segments — power & utilities (electrical transmission and distribution), renewable energy (solar, wind, energy storage), infrastructure & construction (grounding and lightning protection), automotive & industrial equipment, and electronics manufacturing (transformers, switchgear, PCBs). The company is family-controlled (Heda family), employs 11-50 staff per disclosed figures, completed an IPO in 2024, and is publicly listed on NSE. Revenue mechanics are tied to global copper pricing and Indian electrical infrastructure capex; pricing is not publicly disclosed and the company maintains no named anchor customers or long-term contracts in available materials. The customer-facing GTM motion is sales-led direct B2B engagement, supplemented by content marketing (company website, blog) and investor relations communications. Recent product launches (October 2024 and April 2025), a 500kW rooftop solar installation for ESG positioning, and ongoing regulatory disclosures (including an Income Tax search in March 2025) indicate an active operating period post-IPO.

Name

Sunlite Recycling

Legal name

Sunlite Recycling Industries Ltd.

Website

https://sunliteindustries.com

Company type

Public

Founded year

2012

Operating status

Operating

Headcount range

11–50 employees

Short description

Sunlite Recycling Industries Ltd. is an Indian copper products manufacturer that processes globally-sourced copper scrap into OFC rods, FRHC rods, wires, conductors, and earthing products for B2B customers in power, renewable energy, construction, automotive, and electronics sectors.

Ownership category

akta.pro rank

Product category

Copper Products Manufacturing

NAICS

Nonferrous Metal (except Aluminum) Smelting and Refining (33141), Copper Rolling, Drawing, Extruding, and Alloying (331420)

SIC

Secondary Smelting & Refining Of Nonferrous Metals (3341)

akta.pro primary industry

Copper Recycling & Secondary Copper Smelting/Refining (IMAKADAK)

Keywords

• Copper products manufacturing
• Copper scrap recycling
• Copper rods wires
• Earthing solutions
• Copper conductors

Headquarters

HQ city

Kheda

HQ country

India

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Technology or R&D, Personnel, Marketing or Sales, Infrastructure

Revenue model

1. Copper Product Sales: Revenue generated from manufacturing and selling copper products including Oxygen Free Copper Rods, Fire-Refined High Conductivity Copper Rods, Copper Wires, Copper Earthing Wire, Copper Conductors, Copper Submersible Wires, and Copper Earthing Strips to industrial customers.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Sunlite Recycling Industries Ltd. (SRIL) is a Gujarat-based manufacturer that imports copper scrap from 10+ countries and processes it into finished copper products. Its portfolio includes Oxygen Free Copper Rods (OFC), Fire-Refined High Conductivity Copper Rods (FRHC), Copper Wires, Copper Earthing Wire, Copper Conductors, Copper Submersible Wires, and Copper Earthing Strips, sold to industrial customers in power generation, electrical transmission and distribution, renewable energy, construction, automotive, and electronics sectors.

Product overview

Sunlite Recycling Industries Ltd is a copper products manufacturer with a portfolio of seven core product lines: Oxygen Free Copper Rods (OFC), Fire-Refined High Conductivity Copper Rods (FRHC), Copper Wires, Copper Earthing Wire, Copper Conductors, Copper Submersible Wires, and Copper Earthing Strips. The company operates a single integrated manufacturing platform, sourcing copper scrap globally and processing it into finished copper products. The product range is vertically aligned across the copper value chain—from rods (the primary input) to various wire, conductor, and earthing products that serve electrical transmission, power generation, renewable energy systems, and electronic applications.

Differentiator

Problem solved

Functional benefit

Products and services

• Oxygen Free Copper Rods (OFC) Premium Oxygen-Free Copper Rods manufactured using Upcast Technology with a daily output capacity of 20 MT. Available in sizes 8mm, 12.5mm, 16mm, 20mm and 24mm. Produced with induction furnace technology for environmental sustainability. Used for transformer strips, electrical bus bars, and high-frequency applications requiring low signal distortion.
• Fire-Refined High Conductivity Copper Rods (FRHC) Fire Refined High Conductivity Copper Rods manufactured using German-expertise melting furnace technology and rolling machines sourced from China and Italy. Uses natural gas as fuel for environmental consciousness. Used in electrical applications requiring high conductivity.
• Copper Wires High-quality electrical copper wires manufactured using seamless integration of Indian and Chinese machinery. Available in measurements from 0.5 mm to 5.00 mm. Quality testing covers Conductivity, Copper Resistivity (CR), Elongation, and Tensile Strength.
• Copper Earthing Wire Reliable grounding solution earthing wires available in sizes 5 SWG to 26 SWG. Provides protection against lightning strikes and electromagnetic interference for towers and equipment. Used in power distribution networks to neutralize fault currents and ground renewable energy systems.
• Copper Conductors Premium conductors including Round Copper Braids and Stranded Copper Conductors. Engineered for flexibility, conductivity, and durability. Applications include electrical equipment manufacturing, power transmission and distribution, renewable energy systems, and automotive industry.
• Copper Submersible Wires
• Copper Earthing Strips High-quality earthing strips manufactured using TLJ-350 machine imported from China. Features mirror finish surface for superior aesthetics and corrosion resistance. Sizes range from 12mm x 3mm to 80mm x 6mm. Applications include electrical engineering, construction, electronics, and earthing systems.

Quantifiable outcome

• Production capacity expanded from 250 MT/month (2012) to 2000 MT/month (2019) - 8x increase
• +2 more outcomes

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Scale indicators7 records

Recent moves7 records

Expansion highlights6 records

Broad incumbents

• Hindalco Industries: Aditya Birla Group flagship and India's largest copper producer with integrated smelting, downstream rods, wires and conductors. Comparable as a broad incumbent offering overlapping copper rod/wire/conductor products serving power, electrical and renewables customers, though at vastly greater scale and with primary (not recycled) feedstock.
• Vedanta (Sterlite Copper): Vedanta's Sterlite Copper operates India's largest copper smelter at Tuticorin alongside copper rod/cathode output. Comparable as a broad incumbent competing for the same power, electrical and renewable-energy copper-rod demand that SRIL targets, but with primary smelting at much larger scale.
• Hindustan Copper (HCL): Government of India-owned miner and primary copper cathode/rod producer serving the Indian electrical and conductor market. Broad incumbent competing with SRIL in copper rods and conductors, though upstream-integrated into mining and not a scrap recycler.

Direct peers

• Gravita India: Listed Indian metal recycling company that processes scrap into refined lead, aluminium and other non-ferrous products for industrial use. Direct peer given the similar scrap-import-based secondary smelting/refining business model targeting B2B industrial customers in India.
• Polycab India: India's largest cables and wires manufacturer, producing copper conductors and wires for power, real estate and renewable-energy end markets. Direct peer because it buys copper rod/wire inputs and competes for the same electrical T&D and renewables customers that SRIL targets.
• Precision Wires India: Listed Indian manufacturer of copper wires, strips and enameled conductors for electrical and electronic applications. Direct peer given overlapping copper wire/strip/rod product portfolio and similar customer base in transformers, motors and electrical equipment manufacturing.
• Ram Ratna Wires: Indian listed manufacturer of copper and aluminium wires, strips and enamelled conductors serving electrical, transformer and motor OEMs. Direct peer given similar size, listed status, B2B industrial go-to-market and overlapping copper wire/strip product SKUs.

Emerging players

• Rajratna Metal Industries: Indian copper and copper-alloy products maker offering copper strips, foils and conductors for electrical and electronics end markets. Emerging player in the same niche as SRIL, focused on value-added copper semi-finished products rather than upstream smelting.
• Cubex Metals: India-based manufacturer of copper bus bars, strips and conductors serving switchgear, transformer and electrical-equipment OEMs. Emerging player with product overlap in copper conductors and strips — the same SKUs that anchor SRIL's earthing-strip and conductor lines.
• Shree Metaltech: Indian non-ferrous metal processor producing copper and aluminium billets, rods and ingots for downstream manufacturing. Emerging player with adjacent scrap-to-copper-product operations comparable to SRIL's secondary-copper rod manufacturing model.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/sunlite-industries

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Sunlite Recycling