Suraj Ltd
SURAJLTD NSE
Suraj Ltd
Industrial ProductsNSE: SURAJLTD BSE: 531638 Iron & Steel Products
Key Fundamentals
MicrocapIron & Steel ProductsIndustrial ProductsMarket Cap
₹384 Cr
Volatility
Moderate
P/E Ratio
42.72
EBITDA
₹22.20 Cr
Return on Equity
5.42%
Debt to Equity
0.44
Book Value
₹75.01
52W High
₹348.65
52W Low
₹192
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
Log in to view Suraj Ltd insights
29 extracted metrics + investor summaries across FY07–FY26.
Tapetide Score
Data-driven rating, 0–100. How it works →
Technical Indicators
Key Insights
Strengths
1- Company has been maintaining a healthy dividend payout of 24.9%
Weaknesses
4- Stock is trading at 2.85 times its book value
- The company has delivered a poor sales growth of 1.79% over past five years.
- Company has a low return on equity of 10.2% over last 3 years.
- Debtor days have increased from 51.4 to 65.1 days.
Growth Rate
Revenue Growth
-10.97% ↗
Net Income Growth
-43.61% ↘
Cash Flow Change
291.68% ↗
ROE
-45.80% ↘
ROCE
-37.57% ↘
EBITDA Margin (Avg.)
-23.35% ↘
Quarterly Results
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 76.49 | 84.92 | 93.09 | 76.17 | 54.74 | 56.64 | 63.61 | 58.75 | 50.34 | 50.19 | 61.88 | 43.43 | 39.03 |
| Expenses | 67.24 | 77.44 | 81.6 | 64.92 | 45.72 | 48.31 | 50.51 | 60.92 | 45.5 | 46.52 | 56.7 | 41.02 | 32.61 |
| Operating Profit | 9.25 | 7.48 | 11.49 | 11.25 | 9.02 | 8.33 | 13.1 | -2.17 | 4.84 | 3.67 | 5.18 | 2.41 | 6.42 |
| OPM % | 12.09% | 8.81% | 12.34% | 14.77% | 16.48% | 14.71% | 20.59% | -3.69% | 9.61% | 7.31% | 8.37% | 5.55% | 16.45% |
| Other Income | 0.37 | 0.98 | 0.73 | 1.37 | 0.49 | 1.56 | 0.52 | 1.66 | 1.37 | 1.23 | 0.64 | 2.83 | 0.89 |
| Interest | 0.66 | 0.85 | 0.78 | 1.38 | 0.73 | 0.8 | 1.18 | 2.02 | 1.21 | 0.83 | 1.13 | 1.2 | 1.14 |
| Depreciation | 2.16 | 2.24 | 2.4 | 2.58 | 2.7 | 2.55 | 2.77 | 2.88 | 2.83 | 2.88 | 2.74 | -1.16 | 1.39 |
| PBT | 6.8 | 5.37 | 9.04 | 8.66 | 6.08 | 6.54 | 9.67 | -5.41 | 2.17 | 1.19 | 1.95 | 5.2 | 4.78 |
| Tax % | 29.26% | 29.24% | 29.31% | 30.83% | 30.92% | 30.73% | 29.27% | -28.28% | 29.03% | 53.78% | 30.26% | 27.12% | 32.43% |
| Net Profit | 4.81 | 3.79 | 6.4 | 5.99 | 4.21 | 4.54 | 6.84 | -3.88 | 1.55 | 0.55 | 1.36 | 3.8 | 3.24 |
| EPS in Rs | 2.62 | 2.06 | 3.49 | 3.26 | 2.29 | 2.47 | 3.72 | -2.11 | 0.84 | 0.3 | 0.74 | 2.07 | 1.76 |
Profit & Loss
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 248 | 153 | 196 | 207 | 179 | 176 | 188 | 344 | 367 | 331 | 234 | 206 | 195 |
| Expenses | 224 | 136 | 180 | 190 | 162 | 159 | 175 | 331 | 332 | 291 | 205 | 190 | 177 |
| Operating Profit | 24 | 17 | 16 | 17 | 18 | 17 | 14 | 12 | 35 | 39 | 28 | 16 | 18 |
| OPM % | 10% | 11% | 8% | 8% | 10% | 10% | 7% | 3.6% | 10% | 12% | 12% | 8% | 9% |
| Other Income | 3 | 1 | 0 | 0 | 0 | 1 | 4 | 5 | 6 | 3 | 4 | 6 | 6 |
| Interest | 10 | 10 | 9 | 10 | 10 | 10 | 9 | 6 | 4 | 4 | 5 | 4 | 4 |
| Depreciation | 7 | 7 | 6 | 6 | 7 | 7 | 7 | 7 | 8 | 9 | 11 | 7 | 6 |
| PBT | 9 | 1 | 1 | 1 | 1 | 2 | 2 | 5 | 29 | 30 | 17 | 11 | 13 |
| Tax % | 26% | 25% | 38% | 60% | -48% | 38% | 29% | 35% | 30% | 31% | 31% | 31% | — |
| Net Profit | 7 | 0 | 0 | 0 | 1 | 1 | 1 | 3 | 20 | 21 | 12 | 7 | 9 |
| EPS in Rs | 3.58 | 0.2 | 0.22 | 0.2 | 0.73 | 0.5 | 0.71 | 1.56 | 10.96 | 11.25 | 6.38 | 3.95 | 4.87 |
| Div. Payout % | 42% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 13% | 24% | 38% | — |
Balance Sheet
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 19 | 19 | 19 | 19 | 19 | 19 | 19 | 19 | 18 | 18 | 18 | 18 |
| Reserves | 66 | 66 | 66 | 66 | 68 | 69 | 70 | 73 | 85 | 103 | 112 | 117 |
| Borrowings | 130 | 122 | 116 | 112 | 99 | 81 | 56 | 35 | 22 | 34 | 64 | 60 |
| Other Liabilities | 20 | 8 | 28 | 16 | 12 | 20 | 24 | 30 | 20 | 29 | 25 | 28 |
| Total Liabilities | 235 | 216 | 229 | 213 | 198 | 188 | 169 | 158 | 146 | 185 | 220 | 223 |
| Fixed Assets | 74 | 68 | 63 | 61 | 57 | 54 | 49 | 49 | 60 | 85 | 89 | 89 |
| CWIP | 0 | 0 | 3 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 13 | 13 | 13 |
| Other Assets | 160 | 147 | 164 | 152 | 141 | 134 | 119 | 109 | 86 | 87 | 118 | 122 |
| Total Assets | 235 | 216 | 229 | 213 | 198 | 188 | 169 | 158 | 146 | 185 | 220 | 223 |
Cash Flow
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | 1 | 10 | 16 | 14 | 26 | 30 | 33 | 33 | 45 | 41 | -9 | 17 |
| Investing | -6 | 5 | -2 | -1 | -2 | -4 | -2 | -7 | -19 | -47 | -14 | -6 |
| Financing | 2 | -14 | -13 | -14 | -23 | -28 | -34 | -26 | -26 | 6 | 23 | -11 |
| Net Cash Flow | -3 | 0 | 0 | -1 | 1 | -1 | -3 | 0 | 0 | 0 | 0 | 0 |
| Free Cash Flow | -1 | 8 | 16 | 13 | 24 | 27 | 30 | 26 | 26 | 7 | -23 | 11 |
| CFO/OP | 17 | 75 | 101 | 93 | 153 | 181 | 243 | 278 | 151 | 136 | -20 | 106 |
Ratios
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 40 | 78 | 79 | 74 | 62 | 45 | 48 | 30 | 33 | 38 | 51 | 65 |
| Inventory Days | 212 | 343 | 242 | 220 | 234 | 273 | 194 | 80 | 38 | 39 | 133 | 178 |
| Days Payable | 15 | 6 | 42 | 20 | 16 | 36 | 40 | 27 | 7 | 22 | 31 | 48 |
| Cash Conversion Cycle | 237 | 415 | 279 | 274 | 281 | 282 | 203 | 82 | 64 | 55 | 153 | 195 |
| Working Capital Days | 4 | 33 | 32 | 41 | 55 | 65 | 78 | 45 | 33 | 11 | 31 | 52 |
| ROCE % | 8% | 5% | 5% | 5% | 6% | 7% | 7% | 8% | 26% | 24% | 12% | 7% |
Documents
2
Board Meeting Outcome for Standalone And Consolidated Audited Financial Results For The Quarter And Year Ended 31St March, 2026
7 May - Board approved audited FY26 results, AGM on 26 June 2026, and key auditor appointments. 7 May - Board approved audited FY26 results, AGM on 26 June 2026, and key auditor appointments.
4
Board Meeting Intimation for Board Meeting Intimation For Approval Of Financial Results For The Period Ended March 31, 2026.
28 Apr - Board meeting on 7 May 2026 to approve audited standalone and consolidated results for FY2026. 28 Apr - Board meeting on 7 May 2026 to approve audited standalone and consolidated results for FY2026.
5
Compliances-Reg.24(A)-Annual Secretarial Compliance
29 Apr - FY2026 secretarial compliance report notes Rs. 1.42 lakh fines for filing lapses. 29 Apr - FY2026 secretarial compliance report notes Rs. 1.42 lakh fines for filing lapses.
Frequently Asked Questions about Suraj Ltd
What does Suraj Ltd do?
Incorporated in 1994, Suraj Ltd manufactures tube and tube fittings of basic iron and steel[1]
Where is Suraj Ltd (SURAJLTD) listed?
Suraj Ltd is listed on the Indian stock exchanges. It is listed on NSE: SURAJLTD and BSE: 531638. You can view its live share price, financials, and ratios on Tapetide.
Which sector does Suraj Ltd belong to?
Suraj Ltd operates in the Industrial Products sector within the Iron & Steel Products industry. Sector classification helps investors compare companies affected by similar economic conditions and regulatory changes.
What is the market capitalisation of Suraj Ltd?
Suraj Ltd has a market capitalisation of approximately ₹383.81 Cr. Based on this, it is classified as a Small Cap stock.
What is the PE ratio of Suraj Ltd?
The Price-to-Earnings (PE) ratio of Suraj Ltd is 42.72. The PE ratio compares a company's share price to its earnings per share and is commonly used to assess whether a stock is overvalued or undervalued relative to its peers.
What is the 52-week high and low of Suraj Ltd?
Over the past 52 weeks, Suraj Ltd has traded between a low of ₹192 and a high of ₹348.65. This range helps investors understand the stock's price volatility and recent trading levels.
Does Suraj Ltd pay dividends?
Yes, Suraj Ltd has a dividend yield of 0.72%. Dividend yield indicates the annual dividend income relative to the share price. A consistent dividend history can signal financial stability.
What is the Return on Equity (ROE) of Suraj Ltd?
Suraj Ltd has a Return on Equity (ROE) of 5.42%. ROE measures how effectively a company uses shareholders' equity to generate profits. A higher ROE generally indicates better capital efficiency.
How can I research Suraj Ltd on Tapetide?
On Tapetide, you can view Suraj Ltd's live share price, quarterly results, profit & loss statements, balance sheet, cash flow, key ratios, shareholding pattern, technical indicators, analyst ratings, and forecasts — all on a single page without needing to sign up.
Company Information
Incorporated in 1994, Suraj Ltd manufactures tube and tube fittings of basic iron and steel[1]
Website surajgroup.com
CEO Mr. Ashokkumar Tarachand Shah
Employees 202
Listed 2024-08-29
Face Value ₹ 10
Issued Size 1,83,64,100