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 ₹ 487 Cr.
- Current Price ₹ 28.1
- High / Low ₹ 140 / 25.0
- Stock P/E 24.1
- Book Value ₹ 4.73
- Dividend Yield 0.36 %
- ROCE 12.4 %
- ROE 16.8 %
- Face Value ₹ 1.00
Pros
- Company has a good return on equity (ROE) track record: 3 Years ROE 60.5%
Cons
- Company might be capitalizing the interest cost
- Debtor days have increased from 27.3 to 43.4 days.
- Working capital days have increased from 410 days to 941 days
* 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|
| 1 | 62 | 72 | 36 | 67 | |
| 5 | 33 | 33 | 21 | 40 | |
| Operating Profit | -4 | 30 | 39 | 14 | 26 |
| OPM % | -482% | 47% | 54% | 40% | 39% |
| 1 | 0 | 1 | 2 | 2 | |
| Interest | 4 | 2 | 1 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 1 |
| Profit before tax | -7 | 27 | 38 | 15 | 27 |
| Tax % | 55% | 23% | 26% | 28% | |
| -11 | 21 | 28 | 11 | 20 | |
| EPS in Rs | -0.62 | 1.22 | 1.60 | 0.63 | 1.17 |
| Dividend Payout % | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 256% |
| TTM: | 38% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 43% |
| TTM: | 23% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 61% |
| 3 Years: | 9% |
| 1 Year: | -77% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 60% |
| Last Year: | 17% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|
| Equity Capital | 17 | 17 | 17 | 17 | 17 |
| Reserves | -27 | -6 | 41 | 51 | 65 |
| 44 | 32 | 38 | 73 | 65 | |
| 78 | 79 | 32 | 44 | 68 | |
| Total Liabilities | 112 | 122 | 127 | 185 | 216 |
| 1 | 1 | 1 | 21 | 29 | |
| CWIP | 0 | 0 | 0 | 6 | 0 |
| Investments | 26 | 1 | 2 | 11 | 10 |
| 85 | 120 | 124 | 147 | 176 | |
| Total Assets | 112 | 122 | 127 | 185 | 216 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| -15 | -10 | 0 | -5 | |
| -0 | 25 | -2 | -35 | |
| 15 | -14 | 6 | 35 | |
| Net Cash Flow | -0 | 0 | 5 | -4 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| Debtor Days | 370 | 4 | 35 | 43 |
| Inventory Days | 1,593 | |||
| Days Payable | 123 | |||
| Cash Conversion Cycle | 370 | 1,474 | 35 | 43 |
| Working Capital Days | -15,898 | 24 | 265 | 941 |
| ROCE % | 76% | 55% | 12% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
17 Nov - SBGL Intimation of Newspaper Publication Q2 September 2025
- Board Meeting Outcome 14 Nov
-
Board Meeting Outcome for Board Meeting Outcome
14 Nov - Board approved unaudited Q2/H1 results (Sep 30, 2025); to subscribe 49% in NextRiise Real Estate Advisors (under incorporation).
-
Board Meeting Intimation for To Consider And Approve Un-Audited Standalone And Consolidated Financial Statements For The 2Nd Quarter And Half Year Ended As On September 30, 2025 And To Consider Any Other Business Matters.
10 Nov - Board meeting Nov 14, 2025 to approve Q2/H1 results ended Sep 30, 2025; consider investments; trading window closed.
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
10 Oct - RTA certificate under Reg 74(5): no dematerialisation in quarter ended September 30, 2025.
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.