Suraj Ltd
Incorporated in 1994, Suraj Ltd manufactures tube and tube fittings of basic iron and steel[1]
- Market Cap ₹ 489 Cr.
- Current Price ₹ 266
- High / Low ₹ 530 / 256
- Stock P/E 104
- Book Value ₹ 74.4
- Dividend Yield 0.56 %
- ROCE 12.7 %
- ROE 10.0 %
- Face Value ₹ 10.0
Pros
Cons
- Earnings include an other income of Rs.6.47 Cr.
- Debtor days have increased from 40.7 to 51.3 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
Industrials Capital Goods Industrial Products Iron & Steel Products
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2007 | Mar 2018 | Mar 2019 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|
| 217 | 207 | 182 | 367 | 331 | 234 | 223 | |
| 196 | 191 | 164 | 332 | 291 | 205 | 205 | |
| Operating Profit | 21 | 17 | 18 | 35 | 39 | 28 | 17 |
| OPM % | 10% | 8% | 10% | 10% | 12% | 12% | 8% |
| 1 | 0 | 0 | 6 | 4 | 6 | 6 | |
| Interest | 7 | 10 | 10 | 4 | 4 | 5 | 5 |
| Depreciation | 3 | 6 | 7 | 8 | 9 | 11 | 11 |
| Profit before tax | 12 | 1 | 1 | 29 | 31 | 18 | 7 |
| Tax % | 34% | 62% | -48% | 30% | 30% | 28% | |
| 8 | 0 | 1 | 20 | 22 | 13 | 5 | |
| EPS in Rs | 4.78 | 0.19 | 0.73 | 10.96 | 11.72 | 7.24 | 2.56 |
| Dividend Payout % | 10% | 0% | 0% | 0% | 13% | 21% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | -21% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | -81% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 18% |
| 5 Years: | 64% |
| 3 Years: | 59% |
| 1 Year: | -35% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | 10% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2007 | Mar 2018 | Mar 2019 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 6 | 19 | 19 | 18 | 18 | 18 | 18 |
| Reserves | 30 | 66 | 68 | 85 | 104 | 115 | 118 |
| 68 | 112 | 99 | 22 | 34 | 64 | 44 | |
| 31 | 16 | 12 | 20 | 29 | 25 | 26 | |
| Total Liabilities | 135 | 213 | 198 | 146 | 186 | 222 | 206 |
| 45 | 61 | 57 | 60 | 85 | 89 | 86 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 14 | 15 | 17 |
| 90 | 153 | 141 | 86 | 87 | 118 | 103 | |
| Total Assets | 135 | 213 | 198 | 146 | 186 | 222 | 206 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2007 | Mar 2018 | Mar 2019 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| -18 | 14 | 27 | 45 | 41 | -9 | |
| -17 | -1 | -2 | -19 | -47 | -14 | |
| 38 | -14 | -24 | -26 | 6 | 23 | |
| Net Cash Flow | 3 | -1 | 1 | -0 | -0 | -0 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2007 | Mar 2018 | Mar 2019 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| Debtor Days | 32 | 74 | 61 | 33 | 38 | 51 |
| Inventory Days | 117 | 220 | 231 | 38 | 39 | 133 |
| Days Payable | 39 | 20 | 15 | 7 | 22 | 31 |
| Cash Conversion Cycle | 110 | 273 | 277 | 64 | 55 | 153 |
| Working Capital Days | 96 | 41 | 54 | 43 | 11 | 31 |
| ROCE % | 6% | 24% | 13% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
12 Nov - Suraj Limited has informed the Stock Exchange about copy of News paper Publications.
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Board Meeting Outcome for Standalone And Consolidated Quarterly Result For Quarter And Half Year Ended On 30Th September, 2025
10 Nov - Approved unaudited standalone and consolidated results for quarter/H1 ended Sep 30, 2025; consolidated H1 PAT Rs.357.48 lakh.
- Standalone And Consolidated Financial Results For The Quarter And Half Year Ended On 30Th September, 2025. 10 Nov
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Board Meeting Intimation for To Consider And Approve The Financial Results For The Period Ended September 30, 2025
27 Oct - Board meeting Nov 10, 2025 to approve Q2/H1 Sep 30, 2025 results; trading window closed.
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
11 Oct - Suraj Ltd certificate confirming dematerialisation compliance for quarter ended 30 September 2025.
Annual reports
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Financial Year 2025
from bse
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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
from bse
Business Overview:[1]
SL is a part of Suraj Group. It manufactures
and sells stainless Steel Seamless Pipes, Tubes & ‘U’ Tubes, flanges and fittings with electro-polishing, etc., and specializes in tubing for Heat exchangers, LP/HP Heater, Condensers, Heating Elements and duly annealed, pickled, tubes with 30-meters length tubes