Suraj Products Ltd
Incorporated in 1991, Suraj Product
Ltd manufactures finished products
from Iron Ore[1]
- Market Cap ₹ 316 Cr.
- Current Price ₹ 277
- High / Low ₹ 832 / 270
- Stock P/E 14.8
- Book Value ₹ 131
- Dividend Yield 0.72 %
- ROCE 17.5 %
- ROE 15.3 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
Cons
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Industrials Capital Goods Industrial Products Iron & Steel Products
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
88 | 93 | 56 | 60 | 70 | 116 | 118 | 218 | 237 | 285 | 345 | 326 | |
80 | 84 | 51 | 55 | 58 | 102 | 101 | 187 | 193 | 237 | 294 | 289 | |
Operating Profit | 8 | 9 | 5 | 5 | 12 | 14 | 17 | 31 | 44 | 48 | 51 | 37 |
OPM % | 9% | 9% | 8% | 9% | 16% | 12% | 14% | 14% | 18% | 17% | 15% | 11% |
0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | |
Interest | 4 | 2 | 2 | 3 | 5 | 4 | 6 | 7 | 4 | 4 | 3 | 2 |
Depreciation | 3 | 3 | 2 | 2 | 4 | 4 | 7 | 9 | 9 | 9 | 9 | 8 |
Profit before tax | 2 | 4 | 1 | 1 | 3 | 6 | 4 | 15 | 31 | 36 | 39 | 28 |
Tax % | 33% | 33% | 28% | -8% | -7% | 1% | -42% | 37% | 24% | 27% | 26% | 22% |
1 | 3 | 0 | 1 | 4 | 6 | 5 | 9 | 24 | 26 | 29 | 21 | |
EPS in Rs | 1.01 | 2.22 | 0.38 | 0.84 | 3.14 | 5.53 | 4.74 | 8.04 | 20.68 | 22.82 | 25.38 | 18.80 |
Dividend Payout % | 59% | 32% | 0% | 0% | 0% | 0% | 0% | 0% | 5% | 7% | 8% | 11% |
Compounded Sales Growth | |
---|---|
10 Years: | 13% |
5 Years: | 23% |
3 Years: | 11% |
TTM: | -5% |
Compounded Profit Growth | |
---|---|
10 Years: | 24% |
5 Years: | 32% |
3 Years: | -3% |
TTM: | -26% |
Stock Price CAGR | |
---|---|
10 Years: | 31% |
5 Years: | 96% |
3 Years: | 48% |
1 Year: | -60% |
Return on Equity | |
---|---|
10 Years: | 20% |
5 Years: | 24% |
3 Years: | 22% |
Last Year: | 15% |
Balance Sheet
Figures in Rs. Crores
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 |
Reserves | 16 | 18 | 18 | 19 | 22 | 29 | 34 | 43 | 67 | 92 | 119 | 138 |
34 | 18 | 25 | 45 | 51 | 64 | 87 | 66 | 61 | 54 | 41 | 21 | |
5 | 6 | 4 | 4 | 4 | 7 | 17 | 9 | 5 | 15 | 14 | 12 | |
Total Liabilities | 67 | 53 | 59 | 79 | 89 | 111 | 149 | 130 | 145 | 172 | 186 | 183 |
22 | 21 | 20 | 39 | 41 | 57 | 82 | 75 | 74 | 84 | 75 | 69 | |
CWIP | 0 | 0 | 0 | 0 | 6 | 13 | 0 | 0 | 0 | 0 | 1 | 3 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
45 | 32 | 39 | 40 | 41 | 40 | 67 | 54 | 71 | 88 | 110 | 111 | |
Total Assets | 67 | 53 | 59 | 79 | 89 | 111 | 149 | 130 | 145 | 172 | 186 | 183 |
Cash Flows
Figures in Rs. Crores
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
10 | 22 | -4 | 7 | 8 | 20 | -0 | 33 | 13 | 33 | 32 | 30 | |
-6 | -2 | -1 | -21 | -12 | -28 | -16 | -2 | -7 | -19 | -1 | -5 | |
-4 | -19 | 4 | 17 | 1 | 8 | 16 | -28 | -9 | -13 | -18 | -24 | |
Net Cash Flow | -1 | 1 | -1 | 2 | -2 | 0 | -0 | 2 | -3 | 1 | 13 | 1 |
Ratios
Figures in Rs. Crores
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 21 | 20 | 24 | 21 | 15 | 8 | 19 | 12 | 10 | 15 | 8 | 16 |
Inventory Days | 165 | 88 | 246 | 207 | 197 | 114 | 221 | 83 | 120 | 66 | 74 | 68 |
Days Payable | 12 | 15 | 20 | 16 | 11 | 16 | 61 | 10 | 5 | 6 | 6 | 6 |
Cash Conversion Cycle | 175 | 92 | 250 | 212 | 201 | 106 | 178 | 86 | 125 | 75 | 76 | 78 |
Working Capital Days | 153 | 90 | 212 | 190 | 161 | 75 | 115 | 61 | 91 | 83 | 79 | 83 |
ROCE % | 9% | 11% | 5% | 6% | 10% | 11% | 8% | 17% | 27% | 27% | 26% | 17% |
Documents
Announcements
- Closure of Trading Window 27 Jun
-
Compliances-Reg.24(A)-Annual Secretarial Compliance
30 May - Suraj Products files Annual Secretarial Compliance Report confirming full SEBI regulation compliance for FY2025.
- Announcement under Regulation 30 (LODR)-Newspaper Publication 19 May
- Financial Results For The Quarter & Year Ended 31.03.2025. 17 May
-
Board Meeting Outcome for Outcome Of Board Meeting
17 May - Audited FY25 results approved; final dividend Rs.2.10/share recommended, subject to AGM approval.
Annual reports
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Business Overview:[1][2]
SPL does production of Sponge Iron by direct reduction of Iron Ore, Pig Iron, Ingots/Billet, TMT Bars & Generation of Power. It is a secondary steel producer and derives the major portion of its
revenue from semi-urban and rural areas.