Suratwwala Business Group Ltd.
•Add ratio to table
ABOUT
AI Sector View
AI GENERATEDRealty
Housing and construction indicators remain supportive for real estate. The housing index reached 105 (Mar/26), residential property prices rose 4.21% (Mar/26), construction output was 5.4% (Jul/26), and cement output accelerated to 13.1% YoY (2026-07). Bank lending rates are steady at 8.96% (Aug/26) rather than easing, but FPI flows turned positive with INR 1999 crore net inflow over 3 months to 2026-08-31 from INR -7216 crore previously.
PROS
- Company has a good return on equity (ROE) track record: 3 Years ROE 1430.5%
- Company has a healthy return on capital (ROCE) of 106.2%
- Operating margins have improved to 41.3% from -327.0%
- Company has delivered good sales growth of 24.6% CAGR over last 5 years
- Latest quarter profit grew 25.8% YoY, showing strong momentum
CONS
- Operating cash flow has been negative in recent years
- Poor cash conversion - profits are not backed by operating cash flow (CFO/PAT 0.09x)
- Working capital days have increased from 256 to 844 days
- Total debt has risen sharply - up 192.1% year on year
- Stock is trading at 8.7x its book value
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
| Name | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| DLF | 670.00 | 37.30 | 165845.88 | 1.19 | 793.90 | -89.59 | 1280.34 | -52.87 | 6.81 | 49.68 |
| LODHA | 1211.80 | 29.35 | 121085.87 | 0.35 | 1373.10 | 103.39 | 4996.70 | 43.10 | 16.89 | 38.51 |
| PHOENIXLTD | 1930.00 | 53.93 | 69031.83 | 0.13 | 394.51 | 22.95 | 1074.94 | 12.80 | 13.70 | 59.77 |
| OBEROIRLTY | 1877.50 | 25.96 | 68266.32 | 0.43 | 543.51 | 29.02 | 1300.89 | 31.73 | 17.69 | 56.75 |
| PRESTIGE | 1579.00 | 59.72 | 68012.30 | 0.13 | 271.40 | -12.87 | 2675.10 | 15.94 | 11.51 | 31.75 |
| GODREJPROP | 1960.00 | 36.90 | 59040.39 | 0.51 | 349.38 | -41.61 | 506.17 | 16.48 | 8.37 | -57.98 |
| ANANTRAJ | 587.90 | 36.57 | 21157.16 | 0.17 | 149.19 | 18.50 | 631.40 | 6.58 | 12.23 | 29.53 |
| BRIGADE | 639.90 | 30.04 | 20877.33 | 0.23 | 216.94 | 37.35 | 1115.55 | -12.93 | 11.02 | 32.33 |
| ABREL | 1331.60 | 112.46 | 14873.40 | 0.19 | -34.59 | -27.73 | 188.85 | 30.95 | -4.54 | -30.02 |
| SOBHA | 1230.00 | 57.04 | 13155.32 | 0.49 | 50.85 | 273.37 | 1278.15 | 50.03 | 6.96 | 6.07 |
| SIGNATURE | 765.70 | 10.32 | 10772.33 | 0.00 | -16.53 | -148.00 | 551.99 | -36.24 | 7.49 | -8.10 |
| SBGLP | 23.67 | 9.79 | 410.48 | 0.42 | 9.34 | 75.30 | 42.12 | 164.08 | 13.05 | 31.88 |
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 16 | 18 | 16 | 21 | 9 | 1 | 1 | 21 | 15 | 17 | 21 | 36 | 19 | |
| 8 | 7 | 7 | 11 | 3 | 1 | 1 | 13 | 9 | 8 | 10 | 22 | 11 | |
| Operating Profit | 8 | 11 | 9 | 10 | 5 | -0 | -0 | 9 | 7 | 9 | 10 | 14 | 9 |
| OPM % | 48.62% | 60.52% | 55.54% | 49.29% | 59.86% | -9.16% | -53.19% | 40.90% | 43.38% | 52.07% | 50.51% | 39.32% | 46.10% |
| Other Income | 0 | 0 | 0 | 0 | 0 | 1 | 1 | -0 | 1 | 0 | 0 | -0 | 1 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 8 | 11 | 9 | 10 | 5 | 1 | 0 | 9 | 7 | 9 | 11 | 14 | 9 | |
| Tax % | -0.93% | 25.23% | 27.41% | 45.52% | 25.09% | 58.49% | 5.26% | 26.76% | 25.74% | 24.86% | 25.97% | 26.02% | 25.85% |
| Net Profit | 8 | 8 | 7 | 6 | 4 | 0 | 0 | 6 | 5 | 7 | 8 | 10 | 7 |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | |
| Equity Capital | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 17 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 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% |
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|
| 16 | 11 | 9 | 11 | 13 | 1 | 62 | 72 | 32 | 93 | |
| 12 | 6 | 6 | 7 | 2 | 4 | 32 | 33 | 19 | 51 | |
| Operating Profit | 5 | 5 | 3 | 3 | 12 | -3 | 30 | 40 | 15 | — |
| OPM % | 28 | 44 | 33 | 32 | 93 | -327 | 49 | 55 | 47 | — |
| Other Income | 0 | 0 | 0 | 0 | 1 | 1 | 0 | 1 | 2 | 1 |
| Interest | 1 | 0 | 1 | 3 | 4 | 4 | 3 | 2 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 |
| 3 | 4 | 1 | 1 | 8 | -7 | 27 | 38 | 15 | 43 | |
| Tax % | 34 | 36 | 42 | 11 | 23 | -55 | 23 | 26 | 27 | 26 |
| Net Profit | 2 | 3 | 1 | 0 | 6 | -11 | 21 | 28 | 11 | 32 |
| EPS | 0 | 0 | 0 | 0 | 4 | -6 | 1 | 2 | 1 | — |
| Dividend Payout % | 0 | 0 | 0 | 0 | 11 | 0 | 0 | 0 | 16 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 0 | 0 | 0 | 0 | 0 | -1 | 1 | 0 | 1 | — |
COMPOUNDED SALES GROWTH
- 10 Years:
- —
- 5 Years:
- 25%
- 3 Years:
- 244%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- —
- 5 Years:
- 88%
- 3 Years:
- —
STOCK PRICE CAGR
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- -8%
- 1 Year:
- -30%
RETURN ON EQUITY
- 10 Years:
- —
- 5 Years:
- 839%
- 3 Years:
- 1430%
- Last Year:
- 17%
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| LIABILITIES | - | - | - | - | - | - | - | - | - |
| Equity Capital | 0 | 0 | 9 | 13 | 17 | 17 | 17 | 17 | 17 |
| 6 | 9 | 1 | 1 | 10 | -27 | -6 | 41 | 51 | |
| 0 | 0 | 0 | 0 | 6 | 6 | 2 | 16 | 7 | |
| Trade Payables | 1 | 1 | 4 | 1 | 2 | 2 | 8 | 9 | 12 |
| 21 | 21 | 30 | 39 | 39 | 90 | 73 | 24 | 82 | |
| Total Liabilities | 28 | 31 | 44 | 54 | 74 | 89 | 94 | 107 | 169 |
| ASSETS | - | - | - | - | - | - | - | - | - |
| 0 | 1 | 1 | 1 | 0 | 1 | 1 | 1 | 21 | |
| 1 | 0 | 2 | 2 | 2 | 1 | 1 | 3 | 11 | |
| 13 | 19 | 26 | 32 | 43 | 71 | 77 | 78 | 103 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 7 | 2 | |
| Cash & Bank | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 6 | 1 |
| 13 | 10 | 16 | 19 | 27 | 16 | 15 | 14 | 30 | |
| Total Assets | 28 | 31 | 44 | 54 | 74 | 89 | 94 | 107 | 169 |
| Total Debt | 7 | 4 | 16 | 24 | 24 | 19 | 7 | 21 | 60 |
| Net Working Capital | 11 | 10 | 22 | 26 | 34 | -9 | 2 | 50 | 75 |
| Contingent Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 3 | 5 | 0 |
| Book Value per Share | 2779.34 | 4012.42 | 10.86 | 10.96 | 15.60 | -5.83 | 6.41 | 3.34 | 3.95 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 1.00 | 1.00 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| 1 | 2 | -13 | -12 | -7 | 9 | 7 | 1 | -3 | |
| Cash from Investing | 3 | 1 | -0 | -0 | -0 | -0 | -1 | -10 | -41 |
| Cash from Financing | -4 | -4 | 13 | 12 | 7 | -9 | -7 | 14 | 39 |
| -0 | -0 | -0 | 0 | 0 | -0 | 0 | 5 | -4 | |
| Free Cash Flow | 1 | 2 | -13 | -12 | -7 | 8 | 7 | 0 | -23 |
| OCF / Net Profit | 0.29 | 0.86 | -16.53 | -25.46 | -1.10 | -0.85 | 0.35 | 0.03 | -0.26 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 0 | -21 | -16 | -3 | -14 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| PER SHARE | |||||||||
| EPS (₹) | 1000.23 | 1233.07 | 0.85 | 0.36 | 3.57 | -6.20 | 12.22 | 1.60 | 0.62 |
| Book Value (₹) | 2779.34 | 4012.42 | 10.86 | 10.96 | 15.60 | -5.83 | 6.41 | 3.34 | 3.95 |
| Dividend per Share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.40 | 0.00 | 0.00 | 0.00 | 0.10 |
| Cash EPS (₹) | 0.27 | 0.32 | 0.11 | 0.05 | 0.37 | -0.61 | 1.23 | 0.16 | 0.64 |
| PROFITABILITY | |||||||||
| Operating Margin % | 28.09% | 44.49% | 32.64% | 31.97% | 92.70% | -326.98% | 48.94% | 54.51% | 41.29% |
| Net Margin % | 13.66% | 25.33% | 8.49% | 4.23% | 48.61% | -1354.28% | 34.30% | 38.64% | 33.30% |
| ROE % | 35.99% | 36.31% | 8.18% | 3.84% | 30.22% | -126.81% | 4193.81% | 80.61% | 16.99% |
| ROCE % | 32.58% | 35.15% | 13.99% | 10.20% | 26.04% | -9.38% | 222.52% | 81.89% | 14.34% |
| 7.88% | 9.25% | 2.02% | 0.93% | 9.74% | -13.26% | 23.21% | 27.63% | 7.77% | |
| EFFICIENCY | |||||||||
| Debtor Days | 0 | 0 | 166 | 166 | 231 | 2580 | 4 | 19 | 49 |
| Inventory Days | 290 | 542 | 918 | 978 | 1066 | 0 | 436 | 392 | 1028 |
| Payable Days | 56 | 391 | -511 | 243 | -221 | 0 | 77 | 111 | 285 |
| 234 | 151 | 1595 | 901 | 1517 | 2580 | 363 | 300 | 791 | |
| FINANCIAL HEALTH | |||||||||
| Debt to Equity (x) | 1.18x | 0.47x | 1.63x | 1.73x | 0.90x | -1.88x | 0.63x | 0.36x | 0.88x |
| Interest Coverage (x) | 4.30x | 11.52x | 1.94x | 1.19x | 3.25x | -0.69x | 11.66x | 20.68x | 92.42x |
| 1.72x | 1.58x | 2.16x | 2.62x | 2.19x | 0.89x | 1.02x | 2.15x | 2.55x | |
| GROWTH | |||||||||
| Revenue Growth % | 0.00% | -33.53% | -17.23% | 19.83% | 18.66% | -93.78% | 7687.18% | 16.47% | -55.21% |
| Operating Profit Growth % | 0.00% | 5.27% | -39.28% | 17.37% | 244.07% | -121.95% | 1265.65% | 31.79% | -61.80% |
| Net Profit Growth % | 0.00% | 23.28% | -72.25% | -40.37% | 1264.50% | -273.41% | 297.25% | 31.18% | -61.40% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | -86.88% | -61.40% | |
| VALUATION | |||||||||
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 54.31x | 55.65x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 260.96x | 8.72x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.29% |
| 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 379.26x | 43.12x |
Documents
Corporate disclosures, annual reports, credit ratings, and concall transcripts
2026-09-02 - Suratwwala Business Group Limited has informed the Exchange about Copy of Newspaper Publication intimating the Dispatch of Annual Report for the Financial Year 2025-26 along with Notice of 19th Annual General Meeting to be held on Wednesday, September 23, 2026 at 4:00 P.M. (IST).
2026-08-31 - Suratwwala Business Group Limited has informed the Exchange about 19th Annual General meeting
2026-08-17 - Suratwwala Business Group Limited has informed the Exchange about Copy of Newspaper Publication
2026-08-13 - Suratwwala Business Group Limited has informed the Exchange that Record date for the purpose of Final Dividend is 11-Sep-2026.
2026-08-13 - Outcome of board meeting
2026-07-14 - Suratwwala Business Group Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018
2026-06-24 - Suratwwala Business Group Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015
2026-06-19 - Suratwwala Business Group Limited has informed the Exchange about Update on Investor/Analyst meet_Samruddhiseason3_organised by Hem Securities.
2026-06-10 - Suratwwala Business Group Limited has informed the Exchange about about Participation at Samruddhi Season 3 Nav-Bharat ka Caravan
News
Recent coverage and analyst commentary for SBGLP
Loading news…
AI Stock Analyst
Suratwwala Business Group Ltd.
Sign in to Chat with AI
Log in with your 5nance account to ask institutional questions about performance, financials, and outlook.
✨ Sign In to ChatFree 5nance Account