Suratwwala Business Group Ltd
Incorporated in 2008, Suratwwala Business
Group Ltd is in the business of construction
of residential, commercial, IT Parks, renting
of immovable properties and in solar power generating activity, along with other related business auxiliary services[1]
- Market Cap ₹ 462 Cr.
- Current Price ₹ 26.6
- High / Low ₹ 49.2 / 18.4
- Stock P/E 15.2
- Book Value ₹ 4.65
- Dividend Yield 0.38 %
- ROCE 32.1 %
- ROE 44.5 %
- Face Value ₹ 1.00
Pros
- Company has a good return on equity (ROE) track record: 3 Years ROE 41.3%
Cons
- Company might be capitalizing the interest cost
* 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
Consumer Discretionary Realty Realty Residential, Commercial Projects
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 6 | 19 | 16 | 11 | 9 | 11 | 13 | 1 | 62 | 72 | 32 | 89 | |
| 4 | 15 | 12 | 6 | 6 | 7 | 2 | 5 | 32 | 34 | 19 | 49 | |
| Operating Profit | 2 | 4 | 4 | 4 | 3 | 3 | 11 | -4 | 30 | 38 | 13 | 40 |
| OPM % | 36% | 23% | 26% | 41% | 31% | 32% | 88% | -480% | 48% | 53% | 41% | 45% |
| 0 | 0 | 0 | 0 | 0 | -0 | 1 | 1 | 0 | 1 | 2 | 1 | |
| Interest | 1 | 1 | 1 | 0 | 1 | 3 | 4 | 4 | 2 | 1 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 1 | 3 | 3 | 4 | 1 | 0 | 8 | -7 | 27 | 38 | 15 | 41 |
| Tax % | 35% | 36% | 35% | 33% | 42% | 10% | 25% | 55% | 23% | 26% | 27% | 26% |
| 1 | 2 | 2 | 3 | 1 | 0 | 6 | -11 | 21 | 28 | 11 | 30 | |
| EPS in Rs | 45.50 | 101.50 | 107.00 | 142.00 | 0.09 | 0.04 | 0.35 | -0.62 | 1.22 | 1.60 | 0.62 | 1.76 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 12% | 0% | 0% | 0% | 0% | 6% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 17% |
| 5 Years: | 48% |
| 3 Years: | 13% |
| TTM: | 177% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 31% |
| 5 Years: | 40% |
| 3 Years: | 13% |
| TTM: | 195% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 32% |
| 3 Years: | 7% |
| 1 Year: | -35% |
| Return on Equity | |
|---|---|
| 10 Years: | 39% |
| 5 Years: | 45% |
| 3 Years: | 41% |
| Last Year: | 45% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 0.02 | 0.02 | 0.02 | 0.02 | 9 | 13 | 17 | 17 | 17 | 17 | 17 | 17 |
| Reserves | 2 | 4 | 6 | 9 | 1 | 1 | 10 | -27 | -6 | 41 | 51 | 63 |
| 8 | 10 | 5 | 4 | 16 | 24 | 24 | 19 | 7 | 21 | 60 | 58 | |
| 13 | 17 | 16 | 18 | 19 | 16 | 22 | 77 | 76 | 29 | 40 | 56 | |
| Total Liabilities | 23 | 31 | 28 | 31 | 44 | 54 | 74 | 87 | 94 | 107 | 169 | 194 |
| 0 | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 21 | 23 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 4 | 1 | 0 | 2 | 2 | 2 | 1 | 1 | 2 | 11 | 10 |
| 22 | 26 | 26 | 30 | 42 | 51 | 71 | 85 | 92 | 104 | 137 | 161 | |
| Total Assets | 23 | 31 | 28 | 31 | 44 | 54 | 74 | 87 | 94 | 107 | 169 | 194 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | -11 | -12 | -7 | 9 | 7 | 1 | -3 | |||||
| 1 | -0 | -0 | -0 | -0 | -1 | -10 | -41 | |||||
| -2 | 11 | 12 | 7 | -9 | -7 | 14 | 39 | |||||
| Net Cash Flow | -0 | -0 | 0 | 0 | -0 | 0 | 5 | -4 | ||||
| Free Cash Flow | 1 | -11 | -12 | -7 | 9 | 7 | 1 | -23 | ||||
| CFO/OP | 53% | -401% | -328% | -43% | -874% | 37% | 19% | -7% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 0 | 0 | 0 | 0 | 166 | 194 | 298 | 370 | 4 | 34 | 21 | |
| Inventory Days | 1,063 | 499 | 1,908 | 2,973 | 1,192 | |||||||
| Days Payable | 113 | 37 | 129 | 99 | 123 | |||||||
| Cash Conversion Cycle | 0 | 950 | 462 | 1,779 | 166 | 3,068 | 298 | 370 | 1,073 | 34 | 21 | |
| Working Capital Days | 348 | 106 | 168 | 329 | 824 | 830 | 1,364 | -4,662 | 5 | 216 | 707 | |
| ROCE % | 25% | 38% | 34% | 38% | 14% | 11% | 25% | -12% | 213% | 80% | 14% |
Insights
In beta| Mar 2022 | Mar 2023 | Aug 2024 | |
|---|---|---|---|
| Number of Clients Serviced Clients |
|
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| Order Book (Real Estate & Solar) INR Mn |
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| Solar Order Book Capacity MW |
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| Total Area Delivered (Cumulative) sq ft |
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| Total Land Bank Acres |
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| Total Man-hours without Mishaps Man-hours |
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| Area Booked (Mark Plazzo C, D, E) sq ft |
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| Total Area Under Development/Pipeline sq ft |
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| Units Sold (Mark Plazzo C, D, E) Units |
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Extracted by Screener AI
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Press Release / Media Release
1d - FY26 revenue rose 301% to ₹142.99 Cr; PBT up 238% to ₹51.61 Cr.
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
1d - Copy of Newspaper Publications for Q4 and Year ended March 31, 2026.
-
Audited Financials Results. Detailed PDF Attached.
27 May - Board approved FY26 audited standalone and consolidated results, unmodified opinion, and internal auditor reappointment.
-
Re-Appointment Of Internal Auditors.
27 May - Board approved FY26 audited standalone/consolidated results; standalone profit rose to ₹30.49 crore; reappointed internal auditor.
-
Board Meeting Outcome for SBGL Outcome Of Board Meeting
27 May - Board approved FY26 audited results, reappointed internal auditors, and closed trading window from April 1, 2026.
Business Overview:[1][2]
SBGL is a real estate developer in the Pune region for residential, commercial, and redevelopment projects. It is also engaged in solar power generation and business auxiliary services related to real estate development.