Surana Solar Ltd
Incorporated in 2006, Surana Solar Ltd is in the business of manufacturing Solar Photovoltic Modules, generation of Wind and Solar Power energy and trading of other solar related products[1]
- Market Cap ₹ 135 Cr.
- Current Price ₹ 27.5
- High / Low ₹ 52.5 / 25.9
- Stock P/E
- Book Value ₹ 11.4
- Dividend Yield 0.00 %
- ROCE %
- ROE %
- Face Value ₹ 5.00
Pros
- Company is almost debt free.
Cons
- Company has low interest coverage ratio.
- Earnings include an other income of Rs.1.18 Cr.
- Promoter holding has decreased over last 3 years: -21.5%
* 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 Electrical Equipment Heavy Electrical Equipment
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2013 | Mar 2025 | |
|---|---|---|
| 92.55 | 38.80 | |
| 82.08 | 38.35 | |
| Operating Profit | 10.47 | 0.45 |
| OPM % | 11.31% | 1.16% |
| -0.78 | 1.18 | |
| Interest | 2.98 | 0.17 |
| Depreciation | 3.13 | 1.53 |
| Profit before tax | 3.58 | -0.07 |
| Tax % | 27.93% | -14.29% |
| 2.58 | -0.05 | |
| EPS in Rs | 0.52 | -0.01 |
| Dividend Payout % | 95.35% | 0.00% |
| Compounded Sales Growth | |
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| Stock Price CAGR | |
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| 10 Years: | 3% |
| 5 Years: | 27% |
| 3 Years: | 4% |
| 1 Year: | -45% |
| Return on Equity | |
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Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2013 | Mar 2025 | |
|---|---|---|
| Equity Capital | 24.60 | 24.60 |
| Reserves | 17.61 | 31.51 |
| 29.43 | 0.00 | |
| 28.50 | 3.61 | |
| Total Liabilities | 100.14 | 59.72 |
| 32.42 | 10.41 | |
| CWIP | 16.84 | 1.24 |
| Investments | 0.02 | 4.96 |
| 50.86 | 43.11 | |
| Total Assets | 100.14 | 59.72 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2013 | Mar 2025 | |
|---|---|---|
| 17.60 | 1.51 | |
| -14.20 | 4.80 | |
| -0.31 | -5.72 | |
| Net Cash Flow | 3.09 | 0.59 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2013 | Mar 2025 | |
|---|---|---|
| Debtor Days | 37.27 | 4.61 |
| Inventory Days | 154.09 | 165.33 |
| Days Payable | 115.71 | 5.25 |
| Cash Conversion Cycle | 75.65 | 164.68 |
| Working Capital Days | 18.61 | 217.02 |
| ROCE % |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
30 Oct - Newspaper Publication pertaining to unaudited Financial Results of quarter and half year ended on 30.09.2025
- Un-Audited Financial Results For The Quarter And Half Year Ended 30.09.2025 29 Oct
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Board Meeting Outcome for Outcome Of Board Meeting
29 Oct - Board approved Q2/H1 unaudited results; STPL fully transferred to BPPL; Rs338.43 lakh received.
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Board Meeting Intimation for Prior Intimation Of Board Meeting Dated 29.10.2025
24 Oct - Board meeting on Oct 29, 2025 to approve unaudited Q2 and H1 results for period ended Sep 30, 2025.
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Announcement Under Regulation 30 Of SEBI LODR
17 Oct - Company Secretary Vempati VNDR Ramya resigned effective COB 10 Oct 2025; reason: professional goals and personal circumstances.
Annual reports
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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 2013
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Financial Year 2012
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Business Overview:{# https://www.suranasolar.com/#}
SSL is a part of the Surana Group. It is a manufacturer of Solar Photovoltaic Modules and is also into EPC of Power Projects on turnkey basis on MW scale. It offers grid connected and grid off Photovoltaic Power plants in open areas and provides engineering, procurement and construction.