Share price
₹594.5 latest close · +33.7% over the last 90 sessions
₹594.5 month-end · +105.4% over 12 months
₹594.5 month-end · +258.7% since Jun '25
52-week range ₹213.00 to ₹753.00 · 1-year volatility 64.2%
Was the rally earned?
Mostly yes, with a catch.
- Per-share earnings added 120 points, but investors now pay less per rupee of profit (P/E 22.1x to 20.0x), which took 14 points back.
- The share count rose 29%.
What do "pts" mean?
"pts" are percentage points of the share price return. The parts add up to the total shown for each period. Because price = P/E × net profit ÷ share count, higher profit pushes the price up, a higher P/E pushes it up, and more shares push it down.
Example: if the price rose 34% and profit growth accounts for +58 pts while a lower P/E accounts for -24 pts, then 58 - 24 = 34. The +58 is not the profit growth rate itself: it is the part of the price move that profit growth explains.
Not shown for 3 years and 5 years: earnings were negative at one end, or there is not enough history.
Net profit is trailing twelve months as reported with a 60-day lag.
How rough has the ride been?
Drawdown from peak
Largest drawdowns
-56.2% (2024-08 peak to 2025-03 low, recovered 2025-11)
-28.8% (2026-04 peak to 2026-06 low, recovered 2026-09)
-25.5% (2026-01 peak to 2026-03 low, recovered 2026-04)
Most recent volume spikes
2026-09-11: 5.3x the 50-day median, price -3.1% that day
2026-09-10: 7.9x the 50-day median, price +7.6% that day
2026-09-09: 8.6x the 50-day median, price +16.5% that day
Beta is the slope of daily returns against a market-cap-weighted index of the sector's other listed companies, built from today's constituents (so it excludes companies no longer listed).
Where does it rank among Non-Energy Minerals peers?
Each cell is the company's percentile rank among its Non-Energy Minerals peers (non-financial companies) that month.
Darker is better-ranked.
Rows marked ↓ are inverted (lower debt, shorter cash cycle and a lower P/E rank higher).
Where it ranks today
- Revenue growth98th
- EPS growth89th
- Debt/equity ↓72nd
- Cash cycle ↓83rd
- P/E ↓58th▼ 3 pts vs a year ago
- 12M momentum97thflat vs a year ago
Rank history
Percentiles use today's listed companies in the sector and need at least 5 peers with a value; grey cells have too few.
ROE is computed from net profit and book value where the source does not report it.
The Non-Energy Minerals sector page Watch it move against Non-Energy Minerals in the Observatory
What is the price implying?
At a P/E of 20.0x, the price would imply about 15.2%/yr earnings growth for 10 years under the same assumptions, but it is not ranked.
Fewer than six years of annual earnings are available, which is too little to measure delivered growth.
“Implied growth” is what the current price would require under our stated assumptions, not what we expect.
What prices imply across Non-Energy Minerals The market-wide Expectations lists
Key figures
- Share Priceclose 9 Nov
- ₹594.50
- P/E
- 20.0x
- Market Cap
- ₹820 cr
- Revenue (TTM)
- ₹2791 cr
- P/S
- 0.3x
- P/B
- 5.1x
- ROE
- 25.3%
- Debt / Equity
- 0.1x
- Promoter Holding
- 74.5%
- 12M Momentum
- 105.4%
52-week range
Price risk
Balance sheet & cash
Are profits backed by cash?
Other income reliance0%Within range
Other income as a share of pre-tax profit (trailing twelve months): 0.0%. Bands: below 15%, 15% to 35%, above 35%.
Tax rate—Not enough data
Not enough reported data to compute this.
Cash conversion—Not enough data
Not enough reported data to compute this.
Free cash flow—Not enough data
Not enough reported data to compute this.
Receivable days vs history—Not enough data
Not enough reported data to compute this.
Capital work in progress—Not enough data
Not enough reported data to compute this.
Payable days—Not enough data
Not enough reported data to compute this.
Tap a check to see how it is measured
How to read this
Each check is a named rule with fixed thresholds, not a score. Annual statements are the latest restated figures, so a past year may differ from what was originally reported.
Who has been buying and selling?
- Over 2 years, DIIs trimmed 3.2 pts; FIIs trimmed 2.6 pts; promoters added 0.9 pts.
- The number of shareholders rose from 796 to 901 (+13%) between Sep 2024 and Mar 2026.
Holdings, Mar '26
How each group changed
Number of shareholders
Quarterly shareholding as reported, labelled by the quarter it covers (it becomes visible about two months later).
Shareholder counts are only available for recent quarters.
What happened next to similar setups
- We found 50 past situations where a non-financial company looked like SUNLITE RECYCLING INDU LTD today on valuation, debt, growth, price momentum, size and volatility.
- Over the following 12 months the middle half of them returned −31% to +28% vs the market, against −4% for all non-financial companies in the same months.
- The gap against the base rate (−1.2%, 80% range −14.8% to +2.5%) is within what chance and overlapping periods produce.
Where the 50 outcomes landed
Each dot is one past situation (hover or tap for details) · Solid dots are the closest matches, listed below · Shaded is the middle half of all companies in the same months · 3 beyond the range shown, drawn at the edge
50 past situations · 50 companies · 35 months · 2020–2025
The closest matches
| Company | When | P/E | ROCE | 12M mom. | Drawdown | Next 12 months |
|---|---|---|---|---|---|---|
| TOTAL Transportation |
Nov 2022 | 26x | 21% | +219% | −13% | −36% |
| BCLIND Consumer Non-Durables |
Mar 2022 | 26x | 17% | +316% | −13% | −7% |
| DPWIRES Producer Manufacturing |
May 2022 | 18x | 29% | +139% | −20% | +22% |
| TEXMOPIPES Producer Manufacturing |
Dec 2021 | 19x | 9% | +217% | −10% | −19% |
| SAKUMA Distribution Services |
Aug 2022 | 18x | 9% | +68% | −14% | −1% |
Show the other 3 matches
How reliable is this?
Matched on P/E, P/S, debt/equity, interest cover, revenue growth, 12-month momentum, drawdown from 12-month high, size and volatility. Closest on: drawdown from 12-month high, P/E and 12-month momentum. Not used (unavailable for this company): ROCE and operating margin. One match per company and at most 7 from any one month.
Independent periods: the matches fall in 6 distinct 12-month windows. Matches from nearby months share the same market conditions, so fewer windows means less evidence.
What changed?
15 events since Mar '25
- SepPriceRegained the 2026-04 peak, 3 months after the low.
- SepPriceVolume reached 8.6x its 50-day median on 2026-09-09; price +16.5% that day.
- JunResultsRevenue (TTM) reached a new high of ₹2,791 cr.
- JunPriceFell 29% from the Apr 2026 peak to the Jun 2026 low.
- JunDividendStarted paying a dividend (payout 3% of profit).
- AprPriceRegained the 2026-01 peak, 1 month after the low.
- AprPriceVolume reached 11.7x its 50-day median on 2026-04-27; price +16.4% that day.
- MarPriceFell 26% from the Jan 2026 peak to the Mar 2026 low.
Show 7 earlier events
- NovPriceRegained the 2024-08 peak, 8 months after the low.
- NovPriceVolume reached 35.0x its 50-day median on 2025-11-06; price +6.6% that day.
- SepPriceVolume reached 9.5x its 50-day median on 2025-09-15; price +6.2% that day.
- MayPriceVolume reached 8.1x its 50-day median on 2025-05-20; price +13.4% that day.
- MarInstitutionsFII + DII holding fell 4.6 pts over 1 quarter to 1.9%.
- MarPriceFell 56% from the Aug 2024 peak to the Mar 2025 low.
- MarPriceVolume reached 7.1x its 50-day median on 2025-03-27; price -5.2% that day.
Events are generated from the data by fixed rules.
The month shown is when the change became visible in the reported figures, assuming a 60-day lag after each quarter end; it is not an announcement date.
Where price and fundamentals disagree, market-wide Rewind the whole market to any month
Monthly history18 months · 2025-06 to 2026-11
| Month | P/E | Revenue (TTM) | ROE | Debt / Equity |
|---|---|---|---|---|
| 2026-11 | 20.0x | ₹2791 cr | 25.3% | 0.1x |
| 2026-10 | 21.9x | ₹2791 cr | 25.3% | 0.1x |
| 2026-09 | 20.8x | ₹2791 cr | 25.3% | 0.1x |
| 2026-08 | 18.4x | ₹2791 cr | 25.3% | 0.1x |
| 2026-07 | 15.6x | ₹2791 cr | 25.3% | 0.1x |
| 2026-06 | 14.6x | ₹2791 cr | 25.3% | 0.1x |
| 2026-05 | 35.1x | ₹1397 cr | — | — |
| 2026-04 | 37.4x | ₹1397 cr | — | — |
| 2026-03 | 27.7x | ₹1397 cr | — | — |
| 2026-02 | 26.2x | ₹1397 cr | — | — |
| 2026-01 | 29.8x | ₹1397 cr | — | — |
| 2025-12 | 23.6x | ₹1397 cr | — | — |
| 2025-11 | 22.1x | ₹1397 cr | — | — |
| 2025-10 | 15.5x | ₹1397 cr | — | — |
| 2025-09 | 13.3x | ₹1397 cr | — | — |
| 2025-08 | 12.1x | ₹1397 cr | — | — |
| 2025-07 | 12.6x | ₹1397 cr | — | — |
| 2025-06 | 12.6x | ₹1397 cr | — | — |