Suraj Ltd
Incorporated in 1994, Suraj Ltd manufactures tube and tube fittings of basic iron and steel[1]
- Market Cap ₹ 415 Cr.
- Current Price ₹ 227
- High / Low ₹ 389 / 202
- Stock P/E 61.6
- Book Value ₹ 75.0
- Dividend Yield 0.66 %
- ROCE 7.11 %
- ROE 4.98 %
- Face Value ₹ 10.0
Pros
- Company has been maintaining a healthy dividend payout of 23.5%
Cons
- Stock is trading at 3.02 times its book value
- Company has a low return on equity of 10.8% over last 3 years.
- Earnings include an other income of Rs.6.28 Cr.
- Debtor days have increased from 51.4 to 65.1 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 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| 217 | 207 | 182 | 367 | 331 | 234 | 206 | |
| 196 | 191 | 164 | 332 | 291 | 205 | 190 | |
| Operating Profit | 21 | 17 | 18 | 35 | 39 | 28 | 16 |
| OPM % | 10% | 8% | 10% | 10% | 12% | 12% | 8% |
| 1 | 0 | 0 | 6 | 4 | 6 | 6 | |
| Interest | 7 | 10 | 10 | 4 | 4 | 5 | 4 |
| Depreciation | 3 | 6 | 7 | 8 | 9 | 11 | 7 |
| Profit before tax | 12 | 1 | 1 | 29 | 31 | 18 | 11 |
| Tax % | 34% | 62% | -48% | 30% | 30% | 28% | 30% |
| 8 | 0 | 1 | 20 | 22 | 13 | 7 | |
| EPS in Rs | 4.78 | 0.19 | 0.73 | 10.96 | 11.72 | 7.24 | 4.07 |
| Dividend Payout % | 10% | 0% | 0% | 0% | 13% | 21% | 37% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | -18% |
| TTM: | -12% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | -31% |
| TTM: | -47% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 18% |
| 5 Years: | 30% |
| 3 Years: | 18% |
| 1 Year: | -39% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 11% |
| Last Year: | 5% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2007 | Mar 2018 | Mar 2019 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 6 | 19 | 19 | 18 | 18 | 18 | 18 |
| Reserves | 30 | 66 | 68 | 85 | 104 | 115 | 119 |
| 68 | 112 | 99 | 22 | 34 | 64 | 60 | |
| 31 | 16 | 12 | 20 | 29 | 25 | 28 | |
| Total Liabilities | 135 | 213 | 198 | 146 | 186 | 222 | 226 |
| 45 | 61 | 57 | 60 | 85 | 89 | 89 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 14 | 15 | 15 |
| 90 | 153 | 141 | 86 | 87 | 118 | 122 | |
| Total Assets | 135 | 213 | 198 | 146 | 186 | 222 | 226 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2007 | Mar 2018 | Mar 2019 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| -18 | 14 | 27 | 45 | 41 | -9 | 17 | |
| -17 | -1 | -2 | -19 | -47 | -14 | -6 | |
| 38 | -14 | -24 | -26 | 6 | 23 | -11 | |
| Net Cash Flow | 3 | -1 | 1 | -0 | -0 | -0 | -0 |
| Free Cash Flow | -35 | 12 | 24 | 26 | 7 | -23 | 11 |
| CFO/OP | -72% | 90% | 156% | 151% | 136% | -20% | 106% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2007 | Mar 2018 | Mar 2019 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 32 | 74 | 61 | 33 | 38 | 51 | 65 |
| Inventory Days | 117 | 220 | 231 | 38 | 39 | 133 | 178 |
| Days Payable | 39 | 20 | 15 | 7 | 22 | 31 | 48 |
| Cash Conversion Cycle | 110 | 273 | 277 | 64 | 55 | 153 | 195 |
| Working Capital Days | 96 | 41 | 54 | 43 | 11 | 31 | 52 |
| ROCE % | 6% | 24% | 13% | 7% |
Insights
In beta| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Electricity Consumption per Metric Tonne KWH/MT |
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| Foreign Exchange Earnings from Exports INR Lakhs |
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| Largest Single Customer Revenue INR Lakhs |
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| Production Volume Metric Tonnes (MT) |
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Extracted by Screener AI
Documents
Announcements
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
9 Jul - Certificate Under Reg 74 (5) of SEBI (DP) Regulations, 2018 for the quarter ended on 30th June, 2026.
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Closure of Trading Window
26 Jun - Trading window closes from July 1, 2026 until 48 hours after Q1 FY27 results.
- Shareholder Meeting / Postal Ballot-Scrutinizer''s Report 26 Jun
- Shareholder Meeting / Postal Ballot-Scrutinizer''s Report 26 Jun
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Shareholder Meeting / Postal Ballot-Outcome of AGM
26 Jun - Suraj Ltd held 33rd AGM on June 26, 2026; adopted FY26 accounts and approved related-party transactions.
Annual reports
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Financial Year 2026
from bse
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Financial Year 2025
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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
from bse
Business Overview:[1]
The company 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