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Surana Solar Ltd

SURANASOL NSE

Key Fundamentals

MicrocapElectrical EquipmentCapital Goods
Market Cap
₹127 Cr
Volatility
Moderate
P/E Ratio
19.88
EBITDA
₹1.60 Cr
Return on Equity
-0.09%
Debt to Equity
0
Book Value
₹11.68
52W High
₹39.08
52W Low
₹18.31

Insights

Beta

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Tapetide Score

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Technical Indicators

Key Insights

Strengths

3
  • Company is almost debt free.
  • Company has delivered good profit growth of 42.6% CAGR over last 5 years
  • Promoter holding has increased by 1.41% over last quarter.

Weaknesses

5
  • Though the company is reporting repeated profits, it is not paying out dividend
  • The company has delivered a poor sales growth of -5.70% over past five years.
  • Company has a low return on equity of 1.75% over last 3 years.
  • Earnings include an other income of Rs.10.9 Cr.
  • Promoter holding has decreased over last 3 years: -19.2%

Growth Rate

Revenue Growth
22.00% ↘
Net Income Growth
9043.00% ↗
Cash Flow Change
207.09% ↗
ROE
2.00% ↗
ROCE
-
EBITDA Margin (Avg.)
-

Quarterly Results

  Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales
6.6
2.77
4.4
3.93
11.36
14.28
10.64
2.52
2.09
2.58
2.56
13.61
17.15
Expenses
6.22
4.21
3.9
3.63
10.89
13.52
10.33
3.52
3.74
4.91
1.8
13.52
16.58
Operating Profit
0.38
-1.44
0.5
0.3
0.47
0.76
0.31
-1
-1.65
-2.33
0.76
0.09
0.57
OPM %
5.76%
-51.99%
11.36%
7.63%
4.14%
5.32%
2.91%
-39.68%
-78.95%
-90.31%
29.69%
0.66%
3.32%
Other Income
0.65
0.32
0.28
0.1
0.32
0.26
0.18
0.42
2.37
3.67
0.18
0.71
6.36
Interest
0.01
0.03
0.01
0.03
0.03
0.07
0.01
0.05
0.04
0.06
0.07
0.06
0.01
Depreciation
0.66
0.54
0.44
0.27
0.44
0.47
0.26
0.36
0.31
0.55
0.58
0.56
0.55
PBT
0.36
-1.69
0.33
0.1
0.32
0.48
0.22
-0.99
0.37
0.73
0.29
0.18
6.37
Tax %
33.33%
-14.2%
66.67%
260%
15.62%
31.25%
22.73%
-27.27%
21.62%
26.03%
24.14%
-11.11%
14.6%
Net Profit
0.24
-1.45
0.11
-0.15
0.28
0.33
0.17
-0.71
0.28
0.54
0.22
0.2
5.44
EPS in Rs
0.05
-0.29
0.02
-0.03
0.06
0.07
0.03
-0.14
0.06
0.11
0.04
0.04
1.11
Figures in ₹ Crores

Profit & Loss

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales
125
121
84.09
39.12
34.74
33.17
27.94
24.83
42.18
17.71
38.8
20.83
35.9
Expenses
107
112
76.03
33.09
29.93
27.62
22.57
20.86
40.8
15.49
38.24
23.97
36.81
Operating Profit
18.02
9.35
8.06
6.03
4.81
5.55
5.37
3.97
1.38
2.22
0.56
-3.14
-0.91
OPM %
14.37%
7.72%
9.58%
15.41%
13.85%
16.73%
19.22%
15.99%
3.27%
12.54%
1.44%
-15.07%
-2.53%
Other Income
0.38
1.19
0.41
0.58
1.27
1.01
0.41
0.87
4.75
-1.13
1.18
6.93
10.92
Interest
5.29
4.44
3.28
2.16
1.94
0.86
0.82
0.54
0.19
0.08
0.17
0.23
0.2
Depreciation
2.93
2.99
2.75
3.17
2.84
4.95
4.55
3.08
2.63
1.91
1.53
2
2.24
PBT
10.18
3.11
2.44
1.28
1.3
0.75
0.41
1.22
3.31
-0.9
0.04
1.56
7.57
Tax %
17.19%
31.51%
31.56%
34.38%
23.08%
21.33%
48.78%
30.33%
31.12%
40%
-25%
20.51%
—
Net Profit
8.44
2.13
1.67
0.84
1
0.59
0.21
0.85
2.28
-1.26
0.06
1.24
6.4
EPS in Rs
1.72
0.43
0.34
0.17
0.2
0.12
0.04
0.17
0.46
-0.26
0.01
0.25
1.3
Div. Payout %
29.15%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
—
Figures in ₹ Crores

Balance Sheet

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital
24.6
24.6
24.6
24.6
24.6
24.6
24.6
24.6
24.6
24.6
24.6
24.6
Reserves
23.25
25.37
27.04
27.89
28.89
29.48
29.69
30.54
32.82
31.56
31.62
32.86
Borrowings
66.18
48.57
22.84
25.11
22.54
6.5
7.35
10.38
0
0
0
0
Other Liabilities
11.83
5.77
10.23
3.06
3.12
3.78
2.34
2.98
2.02
2.71
3.62
9.9
Total Liabilities
126
104
84.71
80.66
79.15
64.36
63.98
68.5
59.44
58.87
59.84
67.36
Fixed Assets
29.57
27.2
29.03
25.88
27.06
30.68
26.4
23.61
19.65
13.85
10.41
24.54
CWIP
11.85
12.5
11.45
11.44
11.44
0
0
0
0
0
1.24
0
Investments
0.02
0
0
0
0
0
4.85
0.05
5.62
8.04
5.06
4.89
Other Assets
84.42
64.61
44.23
43.34
40.65
33.68
32.73
44.84
34.17
36.98
43.13
37.93
Total Assets
126
104
84.71
80.66
79.15
64.36
63.98
68.5
59.44
58.87
59.84
67.36
Figures in ₹ Crores

Cash Flow

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating
-14.87
20.99
34.12
-1.61
8.67
10.8
5.91
-8.16
9.92
0.11
1.51
5.31
Investing
0.18
-1.03
-3.36
0.14
-3.98
3.76
-5.1
5.16
0.29
-0.01
4.7
-7.97
Financing
14.34
-20.27
-30.43
1.13
-2.62
-16.81
-0.79
2.95
-10.09
0.06
-5.72
2.74
Net Cash Flow
-0.35
-0.31
0.33
-0.34
2.07
-2.25
0.03
-0.05
0.12
0.17
0.49
0.08
Free Cash Flow
-15.24
19.71
30.6
-1.62
4.66
14.54
5.64
-8.44
11.22
1.71
3.45
-9.26
CFO/OP
-73
231
431
-19
188
197
112
-196
809
24
402
-172
Figures in ₹ Crores

Ratios

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days
30.6
52.01
95.15
31.72
15.34
78.35
106
52.18
2.94
4.53
4.61
9.64
Inventory Days
232
159
95.62
383
415
200
158
419
135
551
165
356
Days Payable
8.25
3.36
10.92
4.9
8.31
6.78
13.52
16.79
5.19
7.01
5.25
20.94
Cash Conversion Cycle
255
208
180
410
422
272
251
454
132
549
165
345
Working Capital Days
32.43
70.74
53.95
230
346
262
295
296
193
500
218
342
ROCE %
15.97%
7.1%
6.61%
4.52%
4.22%
1.01%
2.01%
2.75%
-0.36%
2.59%
0.27%
3.15%

Shareholding Pattern

As of Jun 2026
Public 47.96%
Promoters 45.75%
Others 6.09%
FIIs 0.15%
DIIs 0.04%
Total 99.99%
  Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters
70.19%
70.03%
70.34%
66.90%
65.23%
65.09%
64.77%
64.72%
64.84%
64.90%
64.54%
62.31%
49.95%
46.68%
42.89%
42.89%
43.20%
43.20%
43.31%
43.71%
44.34%
45.75%
FIIs
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.01%
0.01%
0.01%
0.20%
0.31%
0.04%
0.19%
0.35%
0.00%
0.03%
0.00%
0.15%
DIIs
0.04%
0.04%
0.04%
0.04%
0.04%
0.04%
0.03%
0.03%
0.03%
0.03%
0.03%
0.03%
0.03%
0.03%
0.03%
0.03%
0.03%
0.04%
0.04%
0.04%
0.04%
0.04%
Government
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
Public
26.46%
26.49%
26.30%
28.78%
31.48%
31.76%
31.17%
31.00%
30.86%
30.79%
31.11%
33.17%
44.48%
47.16%
49.84%
50.39%
50.00%
50.21%
50.40%
50.00%
49.44%
47.96%
Others
3.32%
3.43%
3.32%
4.28%
3.25%
3.12%
4.04%
4.25%
4.27%
4.29%
4.32%
4.48%
5.54%
5.93%
6.93%
6.66%
6.58%
6.21%
6.25%
6.23%
6.18%
6.09%
No. of Shareholders
0
15,544
16,735
19,296
29,825
40,413
40,966
41,942
40,379
41,408
46,513
55,685
89,630
1,02,931
1,15,104
1,18,585
1,19,928
1,19,547
1,18,558
1,14,555
1,11,425
1,09,535

Documents

Frequently Asked Questions about Surana Solar Ltd

What does Surana Solar Ltd do?
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]
Where is Surana Solar Ltd (SURANASOL) listed?
Surana Solar Ltd is listed on the Indian stock exchanges. It is listed on NSE: SURANASOL and BSE: 533298. You can view its live share price, financials, and ratios on Tapetide.
Which sector does Surana Solar Ltd belong to?
Surana Solar Ltd operates in the Capital Goods sector within the Electrical Equipment industry. Sector classification helps investors compare companies affected by similar economic conditions and regulatory changes.
What is the market capitalisation of Surana Solar Ltd?
Surana Solar Ltd has a market capitalisation of approximately ₹126.76 Cr. Based on this, it is classified as a Small Cap stock.
What is the PE ratio of Surana Solar Ltd?
The Price-to-Earnings (PE) ratio of Surana Solar Ltd is 19.88. 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 Surana Solar Ltd?
Over the past 52 weeks, Surana Solar Ltd has traded between a low of ₹18.31 and a high of ₹39.08. This range helps investors understand the stock's price volatility and recent trading levels.
What is the Return on Equity (ROE) of Surana Solar Ltd?
Surana Solar Ltd has a Return on Equity (ROE) of -0.09%. ROE measures how effectively a company uses shareholders' equity to generate profits. A higher ROE generally indicates better capital efficiency.
How can I research Surana Solar Ltd on Tapetide?
On Tapetide, you can view Surana Solar 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 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]

Website suranaventures.com; www.surana.com
CEO Mr. Baunakar Shekarnath
Employees 33
Listed 2011-01-07
Face Value ₹ 5
Issued Size 4,92,06,600

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