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Surya Roshni Limited

Surya Roshni Limited

NSE: SURYAROSNI
SteelBasic MaterialsSMALL CAPMCap ₹4.53k Cr
₹208.33₹-4.67 (-2.19%)

Market Closed • NSE

Market cap₹4.53k Cr
Enterprise value₹4.26k Cr
P/E TTM14.55
Forward P/E8.87
P/B1.72
EPS TTM₹14.32
Forward EPS₹23.50
D/E3.03
Dividend yield0.02%
52W high₹314.50
52W low₹187.35
Price chart(1Y)
1Y Return:-19.31% (₹49.84)
H: ₹275.79L: ₹206.72
1W-5.48%
1M-3.57%
3M-15.98%
6M-12.60%
1Y-27.71%
Today at a glance

Day range

₹207.21₹214.10

52 week range

₹187.35₹314.50
Volume262.0K0.61x 20D avg
Free float50.00%-39.00% volume

Surya Roshni Limited closed at INR208.33 (-2.19%) on volume 0.61x its 20-day average, trading 33.76% below its 52-week high.

Technical analysis
RSI (14)35.2Neutral (30–70)
MACDBEARISHBearish (Below signal)
ATR (14)₹6.40High
SMA 20₹215.76BEARISH
SMA 50₹221.78BEARISH
SMA 100₹236.16BEARISH
SMA 200₹237.41BEARISH
CPR bottom₹215.15
Pivot₹214.43
CPR top₹213.72
What changed recently?

2026-Q1

Q1 FY2026 Financial Results

PAT moved +23.4% QoQ

2026-08-21

DIVIDEND Announced

Dividend - Rs 2.50 Per Share

2025-11-17

DIVIDEND Announced

Interim Dividend - Rs 2.50 Per Share

Shariah audit
Methodology: AAOIFI Shariah Standard No. 21
PASS4/4 criteria
Shariah Compliant
CriteriaNumeratorDenominatorValueThresholdStatus
Interest-bearing debt ratio₹79.8 Cr₹4.53k Cr1.76%≤ 33%PASS
Non-halal income ratio–₹7.54k Cr0.00%≤ 5%PASS
Illiquid assets ratio₹3.50k Cr₹3.54k Cr98.75%≥ 20%PASS
Receivables ratio–₹3.54k Cr—≤ 49%PASS
Valuation & sector context
MetricCompanySector
P/E14.5521.40
Forward P/E8.87—
P/B1.722.20
EV/EBITDA—18.00
PEG—1.00
Earnings yield6.904.70
Growth & profitability
RevenuePAT
FY23PAT margin 4.20%
FY24PAT margin 4.20%
FY25PAT margin 4.70%
FY26PAT margin 3.80%

Revenue and PAT bars use independent scales to make their year-on-year direction readable.

Revenue CAGR 3Y-1.80%
Revenue CAGR 5Y—
PAT CAGR 3Y-5.20%
PAT CAGR 5Y—
Operating margin3.81%
Net margin3.91%
Financial health & cash flow
Net debt₹35.3 CrModerate
Interest coverage12.90xEBIT / interest
CFO / PAT1.40x3Y average
Net debt / EBITDA—Leverage
Operating cash flow₹400.7 Cr
Capital expenditure–
Free cash flow₹240.9 Cr
Financial statements

Complete reported financial history · Values use the company's reporting currency

Hover over the chart for exact reported values. Percentage lines use the right-hand axis.

Fundamental scorecard
Overall53/100
Valuation75/100
Profitability50/100
Financial health35/100

A 0–100 quantitative summary of reported fundamentals. Use the underlying financials and risks for context; the score is not a buy or sell recommendation.

Strengths, risks & investment thesis

Strengths

High Cash Flow Conversion: CFO/PAT averaged 1.4x over last 3 years

Attractive Valuation: P/E of 14.5x trades below sector historical averages

Risks

Elevated Leverage Burden: Debt-to-Equity stands at 3.03x

Bull case

Market Leadership: Established operational scale in Steel.

Bear case

Macro Headwinds: Fluctuations in interest rates and sector-specific policy shifts could compress multiples.

Flip condition

Sustained quarterly EBITDA margin expansion above 20% would trigger an upgrade.

Corporate Action

Complete dividend, bonus, split, rights and other action history

Record dateCorporate actionInformationAnnouncement dateEx-date
21 Aug 2026Dividend₹2.50 / share—21 Aug 2026
17 Nov 2025Dividend₹2.50 / share—17 Nov 2025
05 Sept 2025Dividend₹3.00 / share—04 Sept 2025
01 Jan 2025Bonus issue1:1 bonus ratio—01 Jan 2025
29 Nov 2024Dividend₹2.50 / share—29 Nov 2024
23 Aug 2024Dividend₹2.50 / share—23 Aug 2024
10 Nov 2023Dividend₹2.50 / share—10 Nov 2023
06 Oct 2023Dividend₹10.00 / share—06 Oct 2023
25 Aug 2023Dividend₹4.00 / share—25 Aug 2023
27 Jan 2023Dividend₹3.00 / share—27 Jan 2023
02 Sept 2022Dividend₹4.00 / share—01 Sept 2022
03 Sept 2021Dividend₹1.50 / share—02 Sept 2021
09 Nov 2020Dividend₹1.50 / share—06 Nov 2020
04 Sept 2020Dividend₹2.00 / share—03 Sept 2020
28 Aug 2019Dividend₹2.00 / share—27 Aug 2019
—Dividend₹2.00 / share—07 Sept 2018
—Dividend₹1.50 / share—08 Dec 2017
—Dividend₹1.00 / share—01 Sept 2016
—Dividend₹1.00 / share—21 Aug 2015
Delivery participation

Traded volume and delivery percentage across the latest 20 sessions

Average delivery (20D)55.94%-5.66% latest vs average
Highest delivery68.93%on 18 Sept
Average volume (20D)445.5KTrading-session average
Conviction trendWeakening-5.66% latest reading
Traded volumeDelivery %
Peer comparison

Compare valuation, latest quarterly performance and year-on-year growth

8 companies
Company nameMarket cap ₹ CrP/E ratioDividend yield %Quarterly sales ₹ CrProfit after tax ₹ CrSales growth %Profit growth %
UltraTech Cement Limited
UltraTech Cement LimitedULTRACEMCO
Open analysis
₹3.14L36.802.30%₹25,799.47₹2,982.76+11.86%+20.17%
JSW Steel Limited
JSW Steel LimitedJSWSTEEL
Open analysis
₹2.85L11.520.60%₹47,364.00₹4,651.00+11.55%+112.96%
Hindustan Zinc Limited
Hindustan Zinc LimitedHINDZINC
Open analysis
₹2.30L13.462.07%₹13,687.00₹5,425.00+77.22%+146.14%
Asian Paints Limited
Asian Paints LimitedASIANPAINT
Open analysis
₹2.24L47.081.19%₹10,541.94₹1,539.25+17.94%+39.96%
Tata Steel Limited
Tata Steel LimitedTATASTEEL
Open analysis
₹2.17L19.642.33%₹60,794.00₹2,385.00+14.32%+18.83%
Hindalco Industries Limited
Hindalco Industries LimitedHINDALCO
Open analysis
₹2.00L12.210.56%₹84,825.00₹7,013.00+32.06%+75.15%
Grasim Industries Limited
Grasim Industries LimitedGRASIM
Open analysis
₹1.96L34.470.35%₹11,794.71₹246.65-70.60%-82.61%
Solar Industries India Limited
Solar Industries India LimitedSOLARINDS
Open analysis
₹1.81L90.880.06%₹3,668.00₹666.00+70.29%+88.67%
About Surya Roshni Limited
Surya Roshni Limited

Surya Roshni Limited manufactures and sells steel pipes and strips, and lighting and consumer durables in India. The company offers GI pipes for agriculture and irrigation, casing and tubing, water transportation/plumbing and pipelines, green houses, firefighting, street light poles, and solar panels; API/3LPE coated spiral pipes; CR strips; hollow section pipes; spiral welded pipes; cold rolled strips and sheets; and black pipes for construction, fabrication, fencing, railway platforms and metros, airports, powder coating, sign boards, industrial application, and scaffoldings. It also provides various LED lamps, downlighters, street lights, and battens and luminaires; LED lighting; value-added offerings, such as colour changers, lighting, auto-dimming, app-based lights, COB downlights, track spot lights, power tracks, LED strips, radar LED lamps, and wall washer LEDs; and indoor commercial, industrial, roadway, flood, landscape, façade, and solar lightening products, as well as accessories, HID lamps, and light sources. In addition, the company offers celling, table, pedestal, wall, and domestic and industrial exhaust fans; and home appliances, including juicers, mixers, grinders, vegetable choppers, infrared induction and other cooktops, sandwich makers, electric kettles, dry and steam irons, gas cook tops, storage and instant water heaters, immersion water heaters, air coolers, and halogen and quartz heaters. Further, it provides PVC pipes and fitting for water pipelines, housing sectors, domestic and industrial drainage systems, industrial process lines, swimming pools, salt-water lines, and agriculture/irrigation systems. The company also exports its products to the United States, Australia, Canada, Mexico, the Middle East, Europe, Africa, and internationally. Surya Roshni Limited was incorporated in 1973 and is headquartered in New Delhi, India.

IndiaBasic Materials

Questions investors ask
Is Surya Roshni Limited Shariah compliant?

Surya Roshni Limited is currently screened as Shariah Compliant under AAOIFI Shariah Standard No. 21. Business activities align with Shariah permissible sectors. Debt to Market Cap (1.76%) complies with AAOIFI threshold (≤ 33%).

What is Surya Roshni Limited's current valuation relative to peers?

Surya Roshni Limited trades at a P/E of 14.5x compared to the sector median of 21.4x, and a Price-to-Book of 1.7x.

Is the company financially healthy?

The company has a Debt-to-Equity ratio of 3.03x. Interest coverage is 12.9x.

What are the historical revenue and profit growth rates?

Over the past 5 years, revenue compounded at steady rates while net profit growth averaged consistent levels.

Market data is informational and may be delayed. Shariah screening follows the displayed methodology. This is not investment advice.

Market data may be delayed. Quote date: 2026-10-09. Financial figures relate to their stated reporting periods. This information is for research and is not a recommendation to buy or sell.