---
title: "Surana Industries Ltd (SURANAIND) — Share Price, Financials & Analysis"
symbol: "SURANAIND"
company: "Surana Industries Ltd"
canonical: "https://tapetide.com/stocks/SURANAIND"
generated_at: "2026-10-13T11:01:44.639Z"
---

# Surana Industries Ltd (SURANAIND)

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

## Company

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

## About

Surana Industries Limited is engaged in the business of manufacturing and trading of iron and steel products.

## Latest Price

## Key Insights

### Strengths

- Company has reduced debt.
- Company is expected to give good quarter

### Weaknesses

- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -45.8% over past five years.
- Contingent liabilities of Rs.64.4 Cr.
- Company has high debtors of 960 days.
- Company's cost of borrowing seems high

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| net income growth | -161% | — | — |
| revenue growth | -40% | -52% | -46% |

## 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 | 268 | 217 | 178 | 75 | 115 | 10 | 7 | 2 | 45 | 15 | 8 | 13 |
| Expenses | 294 | 225 | 258 | 112 | 175 | 12 | 10 | 4 | 225 | 16 | 107 | 64 |
| Operating Profit | -26 | -9 | -80 | -38 | -60 | -3 | -3 | -2 | -179 | -1 | -99 | -51 |
| OPM % | -10 | -4 | -45 | -50 | -52 | -26 | -45 | -95 | -396 | -7 | -1321 | -382 |
| Other Income | 1 | 0 | 4 | -74 | -215 | 0 | 0 | 0 | 1 | 2 | 0 | 1 |
| Interest | 41 | 42 | 45 | 65 | 10 | 44 | 56 | 33 | 133 | 51 | 52 | 54 |
| Depreciation | 3 | 11 | 11 | 10 | 10 | 10 | 10 | 10 | 9 | 10 | 10 | 10 |
| Profit before tax | -69 | -62 | -131 | -187 | -295 | -56 | -70 | -45 | -320 | -60 | -162 | -114 |
| Tax % | -8 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Profit | -64 | -62 | -131 | -187 | -295 | -56 | -70 | -45 | -320 | -60 | -162 | -114 |
| EPS in Rs | -14.27 | -13.82 | -29.42 | -41.94 | -58.01 | -11.08 | -13.66 | -8.87 | -62.78 | -11.86 | -31.8 | -22.38 |

### 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 | 871 | 945 | 1223 | 1351 | 1425 | 555 | 642 | 585 | 63 | 81 |
| Expenses | 777 | 969 | 1070 | 1181 | 1250 | 612 | 686 | 771 | 251 | 412 |
| Operating Profit | 95 | -24 | 153 | 170 | 175 | -57 | -44 | -186 | -188 | -331 |
| OPM % | 11 | -2.6 | 13 | 13 | 12 | -10 | -7 | -32 | -297 | -409 |
| Other Income | 3 | 144 | 9 | 10 | 5 | 3 | 8 | -136 | -115 | 4 |
| Interest | 35 | 58 | 82 | 103 | 114 | 148 | 136 | 162 | 266 | 290 |
| Depreciation | 12 | 22 | 26 | 33 | 39 | 32 | 62 | 42 | 40 | 39 |
| Profit before tax | 50 | 40 | 54 | 45 | 28 | -234 | -234 | -526 | -608 | -656 |
| Tax % | 35 | 14 | -4 | 27 | 63 | -34 | 12 | 0 | 0 | — |
| Net Profit | 32 | 35 | 57 | 33 | 10 | -155 | -263 | -526 | -608 | -656 |
| EPS in Rs | 16.12 | 12.78 | 20.83 | 11.28 | 2.3 | -34.92 | -59.03 | -103.26 | -119.48 | -128.82 |
| Dividend Payout % | 9 | 12 | 9 | 11 | 48 | 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 | 17 | 20 | 27 | 27 | 29 | 45 | 45 | 45 | 45 | 51 |
| Reserves | 191 | 249 | 498 | 520 | 822 | 1051 | 898 | 629 | 103 | -470 |
| Borrowings | 518 | 729 | 715 | 985 | 870 | 957 | 1237 | 1308 | 1493 | 1412 |
| Other Liabilities | 275 | 157 | 173 | 198 | 389 | 280 | 222 | 264 | 87 | 386 |
| Total Liabilities | 1001 | 1154 | 1414 | 1730 | 2109 | 2333 | 2401 | 2246 | 1728 | 1379 |
| Fixed Assets | 236 | 387 | 582 | 614 | 709 | 679 | 680 | 612 | 571 | 464 |
| CWIP | 169 | 336 | 0 | 82 | 90 | 188 | 229 | 249 | 0 | 0 |
| Investments | 0 | 0 | 218 | 487 | 487 | 507 | 507 | 534 | 533 | 512 |
| Other Assets | 596 | 431 | 614 | 547 | 824 | 960 | 985 | 850 | 625 | 402 |
| Total Assets | 1001 | 1154 | 1414 | 1730 | 2109 | 2333 | 2401 | 2246 | 1728 | 1379 |

### 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 | -39 | 32 | -101 | 145 | 18 | 198 | -140 | -30 | -135 | -91 |
| Cash from Investing Activity | -226 | -331 | -100 | -398 | -137 | -388 | -33 | -11 | 59 | 1 |
| Cash from Financing Activity | 306 | 243 | 214 | 231 | 132 | 198 | 155 | 55 | 57 | 90 |
| Net Cash Flow | 42 | -55 | 13 | -21 | 12 | 8 | -18 | 14 | -19 | -1 |
| Free Cash Flow | -264 | -299 | 17 | 16 | -119 | -173 | -172 | -35 | -135 | -92 |
| CFO/OP | -48 | 46 | 384 | 102 | 14 | 120 | 247 | 66 | 72 | 49 |

### Ratios

| Item | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 76 | 62 | 94 | 82 | 107 | 80 | 240 | 191 | 182 | 960 |
| Inventory Days | 86 | 68 | 78 | 80 | 99 | 92 | 191 | 147 | 87 | 469 |
| Days Payable | 61 | 49 | 46 | 39 | 81 | 37 | 109 | 66 | 21 | 101 |
| Cash Conversion Cycle | 101 | 81 | 126 | 123 | 125 | 134 | 323 | 272 | 248 | 1328 |
| Working Capital Days | 131 | 129 | 178 | 127 | 145 | 134 | 358 | 288 | 250 | -228 |
| ROCE % | 14 | 10 | 4 | 10 | 9 | 7 | -4 | -5 | -12 | -17 |

## Shareholding Pattern

### annual

| Category | Mar 2017 | Mar 2018 | Jun 2018 |
| --- | --- | --- | --- |
| Promoters | 46.53% | 45.62% | 45.62% |
| FIIs | 1.67% | 1.7% | 1.7% |
| Public | 51.8% | 52.68% | 52.68% |
| No. of Shareholders | 4114 | 4457 | 4439 |

### Quarterly

| Category | Jun 2016 | Sep 2016 | Dec 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 | Mar 2018 | Jun 2018 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 52.44% | 45.62% | 45.62% | 46.53% | 45.62% | 45.62% | 45.62% | 45.62% | 45.62% |
| FIIs | 1.93% | 1.7% | 1.7% | 1.67% | 1.7% | 1.7% | 1.7% | 1.7% | 1.7% |
| Public | 45.63% | 52.68% | 52.68% | 51.8% | 52.68% | 52.68% | 52.68% | 52.68% | 52.68% |
| No. of Shareholders | 3223 | 3378 | 3939 | 4114 | 4117 | 4187 | 4404 | 4457 | 4439 |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 2018-10-27 | [Intimation of Liquidation Process and Appointment of Liquidator](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0CC9E459_BE97_4E2A_98FB_D3B5A8A3A17A_134547.pdf) |
| 2018-10-27 | [Intimation of Liquidation Process and Appointment of Liquidator](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2018/10/0CC9E459_BE97_4E2A_98FB_D3B5A8A3A17A_134547.pdf) |
| 2018-06-25 | [Appointment Of Company Secretary And Chief Financial Officer](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2fe6465b-5544-4944-8565-af0101543d8e.pdf) |
| 2018-06-25 | [Extension Of Time For Filing Of Annual Audited Financial Statements For The Quarter And Year Ended March 31, 2018.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=61b91531-b933-4496-921a-8665eb53c9fb.pdf) |
| 2018-06-25 | [Appointment Of Company Secretary And Chief Financial Officer](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2018/6/2fe6465b-5544-4944-8565-af0101543d8e.pdf) |
| 2018-06-25 | [Extension Of Time For Filing Of Annual Audited Financial Statements For The Quarter And Year Ended March 31, 2018.](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2018/6/61b91531-b933-4496-921a-8665eb53c9fb.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| Mar 2017 | [Annual Report 2017](https://www.bseindia.com/bseplus/AnnualReport/513597/5135970317.pdf) |
| Mar 2016 | [Annual Report 2016](https://www.bseindia.com/bseplus/AnnualReport/513597/5135970316.pdf) |
| Mar 2015 | [Annual Report 2015](https://www.bseindia.com/bseplus/AnnualReport/513597/5135970315.pdf) |
| Mar 2014 | [Annual Report 2014](https://www.bseindia.com/bseplus/AnnualReport/513597/5135970314.pdf) |
| Mar 2013 | [Annual Report 2013](https://www.bseindia.com/bseplus/AnnualReport/513597/5135970313.pdf) |
| 2013 | [Annual Report 2013](https://archives.nseindia.com/annual_reports/AR_532_SURANAIND_2012_2013_16072013140056.zip) |
| Mar 2012 | [Annual Report 2012](https://www.bseindia.com/bseplus/AnnualReport/513597/5135970312.pdf) |
| Mar 2011 | [Annual Report 2011](https://www.bseindia.com/bseplus/AnnualReport/513597/5135970311.pdf) |
| 2011 | [Annual Report 2011](https://archives.nseindia.com/annual_reports/AR_SURANAIND_2010_2011_27022012025757.zip) |
| Mar 2010 | [Annual Report 2010](https://www.bseindia.com/bseplus/AnnualReport/513597/5135970310.pdf) |

### Credit Rating Reports

| Date | Document |
| --- | --- |
| 2019-07-04 | Credit rating update — CARE Ratings |
| 2018-03-20 | Credit rating update — CARE Ratings |
| 2017-03-24 | Credit rating update — CARE Ratings |

---

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 2026-10-13T11:01:44.639Z.