---
title: "Surana Corporation Ltd (SURANACORP) — Share Price, Financials & Analysis"
symbol: "SURANACORP"
company: "Surana Corporation Ltd"
canonical: "https://tapetide.com/stocks/SURANACORP"
generated_at: "2026-10-13T11:02:28.458Z"
---

# Surana Corporation Ltd (SURANACORP)

Canonical page: https://tapetide.com/stocks/SURANACORP

## Company

- **Stock Type:** EQUITY
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** suranacorp.com

## About

Surana Corporation Limited is engaged in manufacturing, wholesaling, retailing and export of jewelry and import of gold and silver.

## Latest Price

## Key Insights

### Strengths

- Company has reduced debt.

### Weaknesses

- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -51.4% over past five years.
- Company has high debtors of 607 days.
- Company's cost of borrowing seems high
- Working capital days have increased from 257 days to 452 days

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| net income growth | -261% | 4% | — |
| revenue growth | -92% | -62% | -51% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2015 | Jun 2015 | Sep 2015 | Dec 2015 | Mar 2016 | Jun 2016 | Sep 2016 | Dec 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 375 | 61 | 365 | 212 | 558 | 82 | 8 | 101 | 44 | 78 | -63 | 0 |
| Expenses | 466 | 61 | 491 | 267 | 496 | 114 | 40 | 123 | 101 | 117 | 273 | 177 |
| Operating Profit | -91 | 0 | -126 | -54 | 63 | -32 | -31 | -22 | -57 | -39 | -336 | -177 |
| OPM % | -24 | 0.4 | -34 | -26 | 11 | -39 | -373 | -21 | -131 | -50 | — | — |
| Other Income | 0 | 0 | 2 | 1 | 0 | 0 | 0 | 0 | 6 | 0 | 0 | 0 |
| Interest | 63 | 33 | 52 | 36 | 72 | 32 | 46 | 29 | 69 | 35 | 44 | 40 |
| Depreciation | 3 | 3 | 2 | 3 | 5 | 3 | 3 | 3 | -1 | 0 | 0 | 0 |
| Profit before tax | -157 | -35 | -178 | -92 | -14 | -67 | -80 | -54 | -119 | -74 | -381 | -217 |
| Tax % | 0 | 0 | -14 | 0 | 26 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Profit | -157 | -35 | -154 | -92 | -18 | -67 | -80 | -54 | -119 | -74 | -381 | -217 |
| EPS in Rs | -64.52 | -14.52 | -63.21 | -37.84 | -7.45 | -27.57 | -32.75 | -22.07 | -48.68 | -30.56 | -156.26 | -89.15 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 2240 | 4062 | 5320 | 8666 | 8470 | 4126 | 1116 | 1196 | 235 | 58 |
| Expenses | 2166 | 3943 | 5192 | 8514 | 8310 | 4335 | 1224 | 1305 | 384 | 668 |
| Operating Profit | 74 | 119 | 128 | 152 | 160 | -209 | -108 | -109 | -149 | -609 |
| OPM % | 3.3 | 2.9 | 2.4 | 1.8 | 1.9 | -5 | -10 | -9 | -64 | -1045 |
| Other Income | 0 | -1 | -1 | -5 | -6 | 1 | 1 | 6 | 6 | 6 |
| Interest | 46 | 64 | 54 | 45 | 64 | 141 | 170 | 193 | 176 | 188 |
| Depreciation | 3 | 4 | 12 | 24 | 19 | 16 | 14 | 24 | 1 | -1 |
| Profit before tax | 25 | 49 | 61 | 78 | 71 | -365 | -291 | -320 | -319 | -791 |
| Tax % | 12 | 18 | 5 | 13 | 25 | -1 | -1 | -6 | 0 | — |
| Net Profit | 22 | 40 | 58 | 68 | 53 | -360 | -287 | -300 | -319 | -791 |
| EPS in Rs | 10.29 | 18.51 | 26.63 | 30.97 | 21.82 | -147.93 | -117.85 | -123.01 | -131.07 | -324.65 |
| Dividend Payout % | 12 | 8 | 7 | 6 | 8 | 0 | 0 | 0 | 0 | — |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 19 | 22 | 22 | 22 | 22 | 24 | 24 | 24 | 24 | 24 |
| Reserves | 48 | 115 | 160 | 213 | 355 | 406 | 46 | -209 | -544 | -863 |
| Borrowings | 131 | 212 | 188 | 210 | 157 | 684 | 1286 | 1376 | 1490 | 1503 |
| Other Liabilities | 302 | 246 | 395 | 645 | 1765 | 890 | 61 | 101 | 180 | 330 |
| Total Liabilities | 500 | 594 | 764 | 1090 | 2298 | 2004 | 1417 | 1292 | 1151 | 994 |
| Fixed Assets | 57 | 53 | 49 | 70 | 147 | 117 | 98 | 79 | 54 | 8 |
| CWIP | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 443 | 541 | 715 | 1020 | 2152 | 1887 | 1318 | 1213 | 1096 | 986 |
| Total Assets | 500 | 594 | 764 | 1090 | 2298 | 2004 | 1417 | 1292 | 1151 | 994 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 26 | -143 | 33 | 12 | 1020 | -1183 | -908 | 73 | 6 | 20 |
| Cash from Investing Activity | 0 | 1 | -1 | -35 | -106 | 2 | 3 | 3 | 1 | 2 |
| Cash from Financing Activity | -34 | 131 | -24 | 75 | -30 | 526 | 603 | -81 | -5 | -24 |
| Net Cash Flow | -9 | -11 | 8 | 52 | 884 | -655 | -302 | -5 | 2 | -2 |
| Free Cash Flow | 26 | -142 | 32 | -23 | 914 | -1181 | -905 | 76 | 7 | 20 |
| CFO/OP | 47 | -188 | 28 | 13 | 672 | -738 | 434 | -67 | -5 | -13 |

### Ratios

| Item | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 52 | 49 | 34 | 33 | 30 | 48 | 76 | 40 | 139 | 607 |
| Inventory Days | 39 | 36 | 28 | 25 | 20 | 19 | 32 | 151 | 48 | 270 |
| Days Payable | 65 | 38 | 35 | 40 | 75 | 36 | 0 | 0 | 0 | 0 |
| Cash Conversion Cycle | 27 | 47 | 27 | 18 | -25 | 31 | 108 | 191 | 186 | 877 |
| Working Capital Days | 27 | 47 | 28 | 18 | -24 | 30 | 106 | 183 | 136 | 452 |
| ROCE % | 28 | 26 | 32 | 29 | 26 | 17 | -18 | -9 | -12 | -18 |

## Shareholding Pattern

### annual

| Category | Mar 2017 | Mar 2018 |
| --- | --- | --- |
| Promoters | 50.28% | 50.28% |
| Public | 49.72% | 49.72% |
| No. of Shareholders | 4113 | 3793 |

### Quarterly

| Category | Sep 2016 | Dec 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 | Mar 2018 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 50.28% | 50.28% | 50.28% | 50.28% | 50.28% | 50.28% | 50.28% |
| Public | 49.72% | 49.72% | 49.72% | 49.72% | 49.72% | 49.72% | 49.72% |
| No. of Shareholders | 4102 | 4118 | 4113 | 4088 | 4078 | 3793 | 3793 |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 2019-11-14 | [Corporate Insolvency Resolution Process (CIRP)-Liquidation - Corporate Insolvency Resolution Process (CIRP)](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7F3606ED_82A0_4268_928B_9E34EA05552F_162603.pdf) |
| 2019-11-14 | [Corporate Insolvency Resolution Process (CIRP)-Liquidation - Corporate Insolvency Resolution Process (CIRP)](https://www.bseindia.com/xml-data/corpfiling/AttachHis/7F3606ED_82A0_4268_928B_9E34EA05552F_162603.pdf) |
| 2018-10-24 | [Intimation of initiation of Corporate Insolvency Resolution Process (CIRP) and appointment of Interim Resolution Professional (IRP) u/s 7 of Insolvency and Bankruptcy Code 2016](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=FF188290_60A8_4FF4_8922_3D4E30C48D0C_151050.pdf) |
| 2018-10-24 | [Intimation of initiation of Corporate Insolvency Resolution Process (CIRP) and appointment of Interim Resolution Professional (IRP) u/s 7 of Insolvency and Bankruptcy Code 2016](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2018/10/FF188290_60A8_4FF4_8922_3D4E30C48D0C_151050.pdf) |
| 2018-08-17 | [Outcome of Board Meeting](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8515257b-0cb3-42e6-96df-201e5d20d840.pdf) |
| 2018-08-17 | [Outcome of Board Meeting](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a67f1b7c-08b9-4ed6-be99-e2b19e390558.pdf) |
| 2018-08-17 | [Outcome of Board Meeting](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2da53f86-d290-48c1-a83f-0e26226c7945.pdf) |
| 2018-08-17 | [Outcome of Board Meeting](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2018/8/8515257b-0cb3-42e6-96df-201e5d20d840.pdf) |
| 2018-08-17 | [Outcome of Board Meeting](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2018/8/a67f1b7c-08b9-4ed6-be99-e2b19e390558.pdf) |
| 2018-08-17 | [Outcome of Board Meeting](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2018/8/2da53f86-d290-48c1-a83f-0e26226c7945.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| Mar 2017 | [Annual Report 2017](https://www.bseindia.com/bseplus/AnnualReport/531102/5311020317.pdf) |
| Mar 2016 | [Annual Report 2016](https://www.bseindia.com/bseplus/AnnualReport/531102/5311020316.pdf) |
| Mar 2014 | [Annual Report 2014](https://www.bseindia.com/bseplus/AnnualReport/531102/5311020314.pdf) |
| Mar 2013 | [Annual Report 2013](https://www.bseindia.com/bseplus/AnnualReport/531102/5311020313.pdf) |
| Mar 2011 | [Annual Report 2011](https://www.bseindia.com/bseplus/AnnualReport/531102/5311020311.pdf) |
| Mar 2010 | [Annual Report 2010](https://www.bseindia.com/bseplus/AnnualReport/531102/5311020310.pdf) |
| 2010 | [Annual Report 2010](https://archives.nseindia.com/annual_reports/AR_SURANACORP_2009_2010_18082010121500.zip) |

### Credit Rating Reports

| Date | Document |
| --- | --- |
| 2019-11-20 | Credit rating update — Brickwork Ratings |

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Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-10-13T11:02:28.458Z.