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 ₹ 789 Cr.
- Current Price ₹ 45.5
- High / Low ₹ 143 / 25.0
- Stock P/E 71.5
- Book Value ₹ 3.96
- Dividend Yield 0.00 %
- ROCE 12.9 %
- ROE 17.4 %
- Face Value ₹ 1.00
Pros
- Company has a good return on equity (ROE) track record: 3 Years ROE 60.9%
Cons
- Stock is trading at 11.4 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company might be capitalizing the interest cost
- Debtor days have increased from 27.3 to 43.4 days.
- Working capital days have increased from 582 days to 1,138 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 | |
|---|---|---|---|---|
| 1 | 62 | 72 | 36 | |
| 5 | 33 | 33 | 21 | |
| Operating Profit | -4 | 30 | 39 | 14 |
| OPM % | -482% | 47% | 54% | 40% |
| 1 | 0 | 1 | 2 | |
| Interest | 4 | 2 | 1 | 0 |
| Depreciation | 0 | 0 | 0 | 0 |
| Profit before tax | -7 | 27 | 38 | 15 |
| Tax % | 55% | 23% | 26% | 28% |
| -11 | 21 | 28 | 11 | |
| EPS in Rs | -0.62 | 1.22 | 1.60 | 0.64 |
| Dividend Payout % | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 256% |
| TTM: | -51% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 44% |
| TTM: | -60% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 31% |
| 1 Year: | -64% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 61% |
| Last Year: | 17% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| Equity Capital | 17 | 17 | 17 | 17 |
| Reserves | -27 | -6 | 41 | 51 |
| 44 | 32 | 38 | 73 | |
| 78 | 79 | 32 | 44 | |
| Total Liabilities | 112 | 122 | 127 | 185 |
| 1 | 1 | 1 | 21 | |
| CWIP | 0 | 0 | 0 | 6 |
| Investments | 26 | 1 | 2 | 11 |
| 85 | 120 | 124 | 147 | |
| Total Assets | 112 | 122 | 127 | 185 |
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 | 1,363 | 2,948 | |
| Days Payable | 123 | 121 | 286 | |
| Cash Conversion Cycle | 370 | 1,474 | 1,276 | 2,706 |
| Working Capital Days | -1,811 | 178 | 430 | 1,138 |
| ROCE % | 76% | 55% | 13% |
Documents
Announcements
-
Appointment Of Mr. Shailesh Kasegoankar (DIN: 07369961) As The Additional Nonexecutive Independent Director On Board Of Material Subsidiary Suratwwala Natural Energy Resource Private Limited (Formerly Known As Suratwwala Natural Energy Resource LLP).
25 Jun - Appointment of Mr. Shailesh Kasegoankar as independent director of material subsidiary from June 24, 2025.
-
Closure of Trading Window
25 Jun - Trading window closed from July 1, 2025 till 48 hours after Q1 FY26 results disclosure.
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
29 May - Of Publication of Audited Standalone and Consolidated Financial Results for the Quarter 4 and year ended as on March 31, 2025 in the Newspaper.
-
Regulation 30- Updates W.R.T Identification Of Material Subsidiary
27 May - Audited Q4 and FY25 financial results approved; subsidiary designated material; CFO change; trading window closed.
-
Outcome Of Board Meeting Held On May 27, 2025.
27 May - Audited Q4 and FY25 financial results approved; subsidiary designated as material; CFO change announced.
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.