SURANASOL

Surana Solar Ltd.

NSE: SURANASOL

BSE: 533298

Sector: Capital Goods

Industry Group: Electrical Equipment

Industry: Heavy Electrical Equipment

24.00-0.3 (-1.23%)

5 Oct, 12:00 AM

Overview

Analysis Statements Technicals Forecast Peers Resources News

Stock Scores

Quality Score

51.3 / 100

Value Score

61.6 / 100

Price Momentum Score

41.1 / 100

QVM Score

49.1 / 100

Key Metrics

Market Cap

118.10

P/E (TTM)

18.45

P/B

2.06

P/S (TTM)

3.29

EV/EBITDA

CAPE (5Y)

70.91

ROE (TTM)

2.18

ROCE (TTM)

-9.05

ROA (TTM)

1.95

Avg 3Y ROE

-0.04

Earnings 3Y CAGR

114.13

Sales 3Y CAGR

-3.12

Sales 5Y CAGR

4.82

Debt/Equity

0.00

Consensus TP

Strong Buy %

Promoter Holding

45.75

Pledged %

0.00

Stock Analysis

Fundamental analysis overview of Surana Solar Ltd. covering key investment insights, growth drivers, risk factors, and potential red flags.

Views

Red Flags

Positive

Stock is reasonably valued and PE TTM is at a discount to industry median

PE TTM of 18.45 indicates that the stock is reasonably valued on a standalone basis. Discount to industry median P/E is decent at -45.25%

What is P/E Ratio?

Median: 33.7

Value 18.45

5.12165

Strong revenue growth and above median growth of industry

The company delivered strong revenue growth of 21.58% for 12-month ended 30 Jun 2026 and the growth was 2.85 percentage points higher than median growth of industry

What is Sales growth (1Y)?

Median: 18.73

Value 21.58

-31.52730.96

Low Debt to Equity, not much change from last year

The company has low Debt to Equity of 0.0 as on 30 Jun 2026 and Debt to Equity remained same in the last 1 year

What is Debt to Equity?

Company's earnings are of high quality

Earnings quality score of 82.8 indicates that the company's earnings are of high quality. Earnings quality is measured using combination of earnings persistence, probability of manipulation and earnings to cash conversion

What is Earnings quality score?

82.8 / 100

Company is net cash

The company is net cash i.e., cash and cash equivalents exceed total debt indicating a healthy balance sheet

What is Net Debt ?

Negative

Low and declining operating margin

The company reported low operating margin of -24.68% for 12-month ended 30 Jun 2026 and operating margin declined by -1372 bps from 1 year ago

What is Operating profit margin?

Low dividend yield

The company has a low dividend yield of 0.0%

What is Dividend yield?

Neutral

Low ROE but improving trend

The company reported low ROE of 2.18% for 12-month ended 30 Jun 2026 but ROE improved by 226 bps from 1 year ago

What is ROE (FY)?

Financial Snapshot

See detailed analysis

Multi-year trends for Surana Solar Ltd. covering revenue, net profit, ROE, and EBITDA for a quick view of financial health over time.

Net Revenue FY

Profit After Tax FY

ROE FY

EBITDA FY

Surana Solar Ltd. Shareholding Pattern

Quarterly breakdown of Surana Solar Ltd. ownership including promoter, FII, DII, mutual fund, and public holdings as disclosed to NSE/BSE.

	Mar 2020	Jun 2020	Sep 2020	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	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
Total Promoter	69.09	68.71	69.32	69.78	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
Indian Promoter	69.09	68.71	69.32	69.78	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
Foreign Promoter	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Institutions	0.05	0.04	0.04	0.04	0.04	0.04	0.04	0.09	0.04	0.04	0.04	0.04	0.04	0.04	0.04	0.04	0.04	0.23	0.34	0.07	0.22	0.39	0.04	0.07	0.04	0.19
Mutual Funds / UTI	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.03
FI/Bank/Insurance	0.03	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.00	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	0.01	0.01
Govt	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
FII	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.06	0.00	0.00	0.00	0.01	0.01	0.01	0.01	0.01	0.01	0.20	0.30	0.03	0.18	0.35	0.00	0.03	0.00	0.15
Other Institutions	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.01	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
Non-Institution	30.86	31.25	30.64	30.19	29.77	29.93	29.62	33.00	34.74	34.88	35.19	35.24	35.12	35.07	35.43	37.65	50.02	53.09	56.78	57.05	56.58	56.42	56.65	56.23	55.62	54.06
Bodies Corporate	0.80	0.77	0.68	0.71	0.64	0.64	0.64	0.66	0.43	0.40	0.40	0.39	0.41	0.40	0.35	0.50	0.61	0.77	1.47	0.93	0.85	-	0.62	0.63	0.81	0.86
Others (incl. Retail) No. of shareholders	30.06 13,472	30.48 13,954	29.96 13,822	29.48 13,995	29.13 15,448	29.29 16,641	28.98 19,201	32.34 29,731	34.31 40,323	34.48 40,879	34.79 41,853	34.85 41,024	34.71 40,296	34.67 41,323	35.08 46,430	37.15 55,593	49.41 89,524	52.32 1,02,811	55.31 1,14,971	56.12 1,18,461	55.73 1,19,818	56.42 1,19,528	56.03 1,18,443	55.60 1,14,444	54.81 1,11,316	53.20 1,09,426

Bulk, Block and Insider Trades

Recent bulk deals, block deals, and insider trading activity in Surana Solar Ltd. shares as reported to NSE and BSE.

Name	Month	Transaction	Holding % pre transaction	Average price	Qty.	Transaction value
SURANA INFOCOM PRIVATE LIMITED Promoter Group	July-2021	Market Sale (Disposal) 26th Jul 2021	0.46 %	₹ 14.86	1.18 lac	₹ 17.53 lac
SURANA INFOCOM PRIVATE LIMITED Promoter Group	July-2021	Market Sale (Disposal) 26th Jul 2021	0.50 %	₹ 12.65	18.50 k	₹ 2.34 lac
SURANA TELECOM AND POWER LIMITED Promoter Group	April-2021	Market Purchase (Acquisition) 1st Apr 2021	41.27 %	₹ 9.08	32.10 k	₹ 2.91 lac
SURANA TELECOM AND POWER LIMITED Promoter Group	March-2021	Market Purchase (Acquisition) 29th Mar 2021	41.17 %	₹ 9.18	46.42 k	₹ 4.26 lac
SURANA TELECOM AND POWER LIMITED Promoter Group	March-2021	Market Purchase (Acquisition) 24th Mar 2021	40.86 %	₹ 9.59	1.56 lac	₹ 14.98 lac

Corporate Actions

History of Surana Solar Ltd. dividends, bonus issues, stock splits, rights issues, and other corporate events.

Dividend₹ 0.50/share
Record date: 24th Sep 2015Ex-date: 23rd Sep 2015
Announced on: 1st Jun 2015
Stock Split1 : 2
Ex-date: 25th Nov 2014Announced on: 22nd Sep 2014
Nominal value change from INR 10 to INR 5.
Dividend₹ 1/share
Record date: 17th Sep 2014Ex-date: 16th Sep 2014
Announced on: 12th May 2014
Dividend₹ 1/share
Record date: 21st Sep 2013Ex-date: 19th Sep 2013
Announced on: 7th May 2013
Dividend₹ 0.50/share
Record date: 25th Sep 2012Ex-date: 24th Sep 2012
Announced on: 30th Apr 2012

Company Profile

Overview of Surana Solar Ltd. covering business description, industry classification, key management, financial ratios, and listed exchange details.

Surana Solar Limited is an India-based conglomerate company, which is involved in the areas of solar and wind power, telecommunications, metal processing, and infrastructure. The Company is engaged in the business of manufacturing of solar photovoltaic (SPV) modules, generation of wind and solar pow...

Key personnel

Mr. Mohammed Hafiz Mansoor

Compliance Officer, Company Secretary

Shri. G. Mangilal SuranaD

Chairman Emeritus

Shri. Buvankar ShekarnathD

Chief Financial Officer, Executive Director

Shri. Narender Mangilal SuranaD

Non-Executive Director

Shri. Nirmal Kumar JainD

Additional Independent Director

Mrs. Sanjana JainD

Independent Woman Director

Shri. N. Krupakar ReddyD

Additional Non-Executive Independent Director

Shri. Sanjay Kumar SanghiD

Additional Non-Executive Independent Director

View all

Incorporated on

08 Nov 2006

Last Annual

31 Mar 2026

Last Interim

30 Jun 2026

No. of Employees

IPO date

06 Jan 2011

Free Float

2,57,15,724

Website

https://suranasolar.com/

Phone no.

+914027845119

Address

5th Floor, Surya Towers, S.P.Road, SECUNDERABAD, 500003, India

Frequently Asked Questions

What is the current share price of Surana Solar Ltd.?

The current share price of Surana Solar Ltd. is ₹ 24.00 as of 5 Oct 2026.

What is the market capitalisation of Surana Solar Ltd.?

The market capitalisation of Surana Solar Ltd. stands at ₹ 118.10 Cr.

What is the PE ratio of Surana Solar Ltd.?

The Price-to-Earnings (PE) ratio of Surana Solar Ltd. is 18.45 as of the latest trailing twelve months data.

What is the ROE and ROCE of Surana Solar Ltd.?

Surana Solar Ltd. has a Return on Equity (ROE) of 2.18% and a Return on Capital Employed (ROCE) of -9.05% as per the latest financial reports.

What is the 52-week high and low of Surana Solar Ltd.?

The 52-week high of Surana Solar Ltd. is - and the 52-week low is -.

What is the dividend yield of Surana Solar Ltd.?

The dividend yield of Surana Solar Ltd. is 0.00% based on the current market price.

What is the FII and DII holding in Surana Solar Ltd.?

Foreign Institutional Investors (FII) hold 0.15%, Domestic Institutional Investors (DII) hold 0.04% and retail/public investors hold 53.20% of Surana Solar Ltd. shares.

What sector does Surana Solar Ltd. belong to?

Surana Solar Ltd. operates in the Capital Goods sector.

What is the beta of Surana Solar Ltd.?

The beta of Surana Solar Ltd. is 1.04, indicating its price volatility relative to the broader market. Over the past 1 year, Surana Solar Ltd. has delivered an absolute return of -27.32%.

What is the RSI of Surana Solar Ltd.?

The 14-day Relative Strength Index (RSI) of Surana Solar Ltd. is 32.57, placing it approaching oversold territory. An RSI above 70 is considered overbought and below 30 is considered oversold.

Surana Solar Ltd.

Stock Scores

Key Metrics

Share Price

Stock Analysis

Financial Snapshot

Surana Solar Ltd. Shareholding Pattern

Bulk, Block and Insider Trades

Corporate Actions

Company Profile

Frequently Asked Questions

Stock Analysis

Company Profile

Corporate Actions