SUNLITE
Sunlite Recycling Industries Limited
If management delivers what it guided
arithmetic on filed guidance and past valuations · not a price target
SUNLITE
FY26 → FY28 · 2 years of guidance · ~1.7 years from today₹463 today
BEAR
₹326
-30%-19% a yr
6.9% a year · 9.8x exit
BASE
₹620
+34%+19% a yr
12% a year · 17x exit
BULL
₹1,267
+174%+83% a yr
16.3% a year · 32.2x exit
Where the market has priced it
9x16x today50x
- the guided figure reached earnings through a low-confidence bridge
- this company has too little filed history for a multiple band of its own, so the exit multiple is the median of 12 Other Metals/Minerals peers
How these numbers are produced
| Earnings base | FY26 fiscal year EPS ₹29.08 (screener) |
|---|---|
| Guided growth | 12% a year, said on the call of 04-May-2026 · transcript |
| Read across as | operating: unlabelled growth figure, read as revenue — low confidence |
| Delivery calibration | 0.58x / 1x / 1.36x of what was guided — measured: 76 annual guided-vs-filed pairs + 77 near-complete quarterly years — NSE transcripts against the companies' own filings |
| Exit multiple | 9.81x / 17x / 32.2x, this company’s own p20 / median / p80 across 12 filed years |
| Filed-industry peers | median 17x across 12 peers — the cross-check, not the input |
| Arithmetic | base EPS × (1 + guided growth × delivery)2 × exit multiple |
Arithmetic on management’s own guidance and this company’s own past valuations. Not a price target, not a recommendation, and not a forecast of what the stock will do.
What management said
from NSE earnings-call filings · extracted, not interpreted
generic growth 12%
Nitin Heda: It would be almost -- see, we are aiming for about 10% to 12% growth because we are planning for new machineries and new products.
Call 04-May-2026 · bridge confidence low · transcript PDF