Suratwwala Business Group Ltd.

24.80.73%

2026-08-21

suratwwala.co.inBSE: 543218NSE: SBGLP
Market Cap₹ 437 Cr.
Current Price₹ 25
High / Low₹ 43 / 18
Stock P/E10.4
Book Value₹ 7
Price to Book8.69
Dividend Yield0.40 %
ROCE13.1 %
ROE17.4 %
Face Value₹ 1

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ABOUT

KEY POINTS

PROS

  • Company has a good return on equity (ROE) track record: 3 Years ROE 1428.1%
  • Company has a healthy return on capital (ROCE) of 50.0%
  • Operating margins have improved to 39.9% from -328.0%
  • Latest quarter profit grew 75.3% YoY, showing strong momentum
  • Company comfortably covers its interest (96.1x coverage)

CONS

  • Operating cash flow has been negative in recent years
  • Poor cash conversion - profits are not backed by operating cash flow (CFO/PAT -0.25x)
  • Working capital days have increased from 304 to 1065 days
  • Total debt has risen sharply - up 93.5% 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

EDIT COLUMNS
S.No.NameCMP Rs.P/EMar Cap Rs.Cr.Div Yld %NP Qtr Rs.Cr.Qtr Profit Var %Sales Qtr Rs.Cr.Qtr Sales Var %ROCE %OPM %
1.DLF667.1037.14165128.041.20793.90-89.591280.34-52.876.8149.68
2.LODHA1206.0029.21120500.930.351373.10103.394996.7043.1016.8938.51
3.PHOENIXLTD1915.1553.5168497.970.13394.5122.951074.9412.8013.7059.77
4.PRESTIGE1575.0059.5767840.010.13271.40-12.872675.1015.9411.5131.75
5.OBEROIRLTY1859.0025.7067593.660.43543.5129.021300.8931.7317.6956.75
6.GODREJPROP1994.9537.5560093.180.50349.38-41.61506.1716.488.37-57.98
7.ANANTRAJ631.2539.2622717.230.16149.1918.50631.406.5812.2329.53
8.BRIGADE586.0527.5119120.430.26216.9437.351115.55-12.9311.0232.33
9.ABREL1395.750.0015589.920.18-34.59-27.73188.8530.95-4.54-30.02
10.SOBHA1274.4059.1013630.200.4750.85273.371278.1550.036.966.07
11.SIGNATURE785.7510.5911054.400.00-16.53-148.00551.99-36.245.56-8.10
12.SBGLP25.1910.42436.840.409.3475.3042.12164.0813.0531.88
Detailed Comparison with:

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Jun 2023
16
8
Operating Profit
OPM %
Other Income
0
Interest
0
Depreciation
0
7
Tax %
-0.94%
Net Profit
0
0
Equity Capital
17
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
17
Reserves
0
Promoter Pledge %
0.00%
Sep 2023
18
7
Operating Profit
OPM %
Other Income
0
Interest
0
Depreciation
0
11
Tax %
25.14%
Net Profit
0
0
Equity Capital
17
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
17
Reserves
0
Promoter Pledge %
0.00%
Dec 2023
16
7
Operating Profit
OPM %
Other Income
0
Interest
0
Depreciation
0
9
Tax %
27.41%
Net Profit
0
0
Equity Capital
17
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
17
Reserves
0
Promoter Pledge %
0.00%
Mar 2024
21
11
Operating Profit
OPM %
Other Income
0
Interest
0
Depreciation
-0
10
Tax %
45.73%
Net Profit
0
0
Equity Capital
17
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
17
Reserves
0
Promoter Pledge %
0.00%
Jun 2024
9
3
Operating Profit
OPM %
Other Income
0
Interest
0
Depreciation
0
6
Tax %
25.59%
Net Profit
4
0
Equity Capital
17
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
17
Reserves
0
Promoter Pledge %
0.00%
Sep 2024
2
2
Operating Profit
OPM %
Other Income
0
Interest
0
Depreciation
0
1
Tax %
70.67%
Net Profit
0
0
Equity Capital
17
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
17
Reserves
0
Promoter Pledge %
0.00%
Dec 2024
3
3
Operating Profit
OPM %
Other Income
1
Interest
0
Depreciation
0
0
Tax %
20.83%
Net Profit
0
0
Equity Capital
17
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
17
Reserves
0
Promoter Pledge %
0.00%
Mar 2025
22
13
Operating Profit
OPM %
Other Income
0
Interest
0
Depreciation
0
9
Tax %
25.68%
Net Profit
7
0
Equity Capital
17
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
17
Reserves
0
Promoter Pledge %
0.00%
Jun 2025
16
9
Operating Profit
OPM %
Other Income
1
Interest
0
Depreciation
0
7
Tax %
25.66%
Net Profit
5
0
Equity Capital
17
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
17
Reserves
0
Promoter Pledge %
0.00%
Sep 2025
26
15
Operating Profit
OPM %
Other Income
0
Interest
0
Depreciation
0
11
Tax %
25.48%
Net Profit
8
0
Equity Capital
17
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
17
Reserves
0
Promoter Pledge %
0.00%
Dec 2025
42
27
Operating Profit
OPM %
Other Income
0
Interest
0
Depreciation
0
15
Tax %
26.29%
Net Profit
11
1
Equity Capital
17
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
17
Reserves
0
Promoter Pledge %
0.00%
Mar 2026
59
40
Operating Profit
OPM %
Other Income
-0
Interest
0
Depreciation
0
18
Tax %
26.10%
Net Profit
13
1
Equity Capital
17
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
17
Reserves
0
Promoter Pledge %
0.00%
Jun 2026
42
30
Operating Profit
OPM %
Other Income
1
Interest
1
Depreciation
1
13
Tax %
26.22%
Net Profit
9
0
Equity Capital
17
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
17
Reserves
0
Promoter Pledge %
0.00%

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022
1
4
Operating Profit
-3
OPM %
-328
Other Income
1
Interest
4
Depreciation
0
-7
Tax %
-55
Net Profit
-11
EPS
-6
Dividend Payout %
0
Minority Interest
0
Share of Associates
0
Adjusted EPS
-1
Minority Interest
0
Share of Associates
0
Adjusted EPS
-1
Mar 2023
62
32
Operating Profit
30
OPM %
49
Other Income
0
Interest
3
Depreciation
0
27
Tax %
23
Net Profit
21
EPS
12
Dividend Payout %
0
Minority Interest
0
Share of Associates
0
Adjusted EPS
1
Minority Interest
0
Share of Associates
0
Adjusted EPS
1
Mar 2024
72
33
Operating Profit
40
OPM %
55
Other Income
1
Interest
2
Depreciation
0
38
Tax %
26
Net Profit
28
EPS
2
Dividend Payout %
0
Minority Interest
-0
Share of Associates
0
Adjusted EPS
0
Minority Interest
-0
Share of Associates
0
Adjusted EPS
0
Mar 2025
36
21
Operating Profit
16
OPM %
45
Other Income
2
Interest
0
Depreciation
0
15
Tax %
28
Net Profit
11
EPS
1
Dividend Payout %
16
Minority Interest
-0
Share of Associates
0
Adjusted EPS
1
Minority Interest
-0
Share of Associates
0
Adjusted EPS
1
TTM
169
111
Operating Profit
OPM %
Other Income
1
Interest
1
Depreciation
2
57
Tax %
26
Net Profit
42
EPS
Dividend Payout %
Minority Interest
0
Share of Associates
0
Adjusted EPS
Minority Interest
0
Share of Associates
0
Adjusted EPS

COMPOUNDED SALES GROWTH

10 Years:
5 Years:
3 Years:
255%

COMPOUNDED PROFIT GROWTH

10 Years:
5 Years:
3 Years:

STOCK PRICE CAGR

10 Years:
5 Years:
3 Years:
-5%
1 Year:
-37%

RETURN ON EQUITY

10 Years:
5 Years:
3 Years:
1428%
Last Year:
17%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Corporate actions

2026

Sep 11

₹ 0.12

Rs.0.1200 per share(12%)Final Dividend

2025

Sep 12

₹ 0.10

Rs.0.1000 per share(10%)Final Dividend

2021

Sep 21

₹ 0.04

Rs.0.4000 per share(4%)Final Dividend

Mar 2022
Equity Capital
17
-27
30
Trade Payables
2
91
Total Liabilities
114
1
Capital Work in Progress
0
26
71
0
Cash & Bank
1
16
Total Assets
114
Total Debt
43
Net Working Capital
-34
Contingent Liabilities
0
Book Value per Share
-5.83
Face Value
10.00
Total Debt
43
Net Working Capital
-34
Contingent Liabilities
0
Book Value per Share
-5.83
Face Value
10.00
Mar 2023
Equity Capital
17
-6
26
Trade Payables
8
75
Total Liabilities
120
1
Capital Work in Progress
0
1
103
0
Cash & Bank
1
15
Total Assets
120
Total Debt
31
Net Working Capital
4
Contingent Liabilities
3
Book Value per Share
6.41
Face Value
10.00
Total Debt
31
Net Working Capital
4
Contingent Liabilities
3
Book Value per Share
6.41
Face Value
10.00
Mar 2024
Equity Capital
17
41
32
Trade Payables
9
27
Total Liabilities
127
1
Capital Work in Progress
0
2
106
7
Cash & Bank
6
5
Total Assets
127
Total Debt
38
Net Working Capital
60
Contingent Liabilities
5
Book Value per Share
3.34
Face Value
1.00
Total Debt
38
Net Working Capital
60
Contingent Liabilities
5
Book Value per Share
3.34
Face Value
1.00
Mar 2025
Equity Capital
17
51
7
Trade Payables
13
97
Total Liabilities
185
21
Capital Work in Progress
6
11
132
4
Cash & Bank
1
10
Total Assets
185
Total Debt
73
Net Working Capital
104
Contingent Liabilities
0
Book Value per Share
3.96
Face Value
1.00
Total Debt
73
Net Working Capital
104
Contingent Liabilities
0
Book Value per Share
3.96
Face Value
1.00

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022
-15
Cash from Investing
-0
Cash from Financing
15
-0
Free Cash Flow
-15
OCF / Net Profit
1.42
Cumulative 5-Year FCF
0
OCF / Net Profit
1.42
Cumulative 5-Year FCF
0
Mar 2023
-10
Cash from Investing
25
Cash from Financing
-14
0
Free Cash Flow
-11
OCF / Net Profit
-0.49
Cumulative 5-Year FCF
0
OCF / Net Profit
-0.49
Cumulative 5-Year FCF
0
Mar 2024
0
Cash from Investing
-2
Cash from Financing
6
5
Free Cash Flow
-1
OCF / Net Profit
0.01
Cumulative 5-Year FCF
0
OCF / Net Profit
0.01
Cumulative 5-Year FCF
0
Mar 2025
-5
Cash from Investing
-35
Cash from Financing
35
-4
Free Cash Flow
-31
OCF / Net Profit
-0.43
Cumulative 5-Year FCF
0
OCF / Net Profit
-0.43
Cumulative 5-Year FCF
0

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022
EPS (₹)
-6.20
Book Value (₹)
-5.83
Dividend per Share (₹)
0.00
Cash EPS (₹)
-0.61
Operating Margin %
-327.97%
Net Margin %
-1355.97%
ROE %
0.00%
ROCE %
-8.59%
-9.46%
Debtor Days
369
Inventory Days
0
Payable Days
0
369
Debt to Equity (x)
-4.26x
Interest Coverage (x)
-0.69x
0.70x
Revenue Growth %
0.00%
Operating Profit Growth %
0.00%
Net Profit Growth %
0.00%
0.00%
P/E (x)
0.00x
P/B (x)
0.00x
Dividend Yield %
0.00%
0.00x
Mar 2023
EPS (₹)
12.22
Book Value (₹)
6.41
Dividend per Share (₹)
0.00
Cash EPS (₹)
1.23
Operating Margin %
48.52%
Net Margin %
33.98%
ROE %
4186.13%
ROCE %
79.54%
18.10%
Debtor Days
4
Inventory Days
510
Payable Days
77
438
Debt to Equity (x)
2.82x
Interest Coverage (x)
11.63x
1.04x
Revenue Growth %
7747.67%
Operating Profit Growth %
1261.05%
Net Profit Growth %
296.66%
0.00%
P/E (x)
0.00x
P/B (x)
0.00x
Dividend Yield %
0.00%
0.00x
Mar 2024
EPS (₹)
1.59
Book Value (₹)
3.34
Dividend per Share (₹)
0.00
Cash EPS (₹)
0.16
Operating Margin %
54.62%
Net Margin %
38.60%
ROE %
80.58%
ROCE %
57.39%
22.49%
Debtor Days
19
Inventory Days
530
Payable Days
112
436
Debt to Equity (x)
0.65x
Interest Coverage (x)
20.69x
1.96x
Revenue Growth %
15.63%
Operating Profit Growth %
32.16%
Net Profit Growth %
31.33%
-86.98%
P/E (x)
54.75x
P/B (x)
261.04x
Dividend Yield %
0.00%
378.98x
Mar 2025
EPS (₹)
0.63
Book Value (₹)
3.96
Dividend per Share (₹)
0.10
Cash EPS (₹)
0.66
Operating Margin %
39.85%
Net Margin %
30.98%
ROE %
17.44%
ROCE %
13.05%
7.07%
Debtor Days
57
Inventory Days
1217
Payable Days
248
1026
Debt to Equity (x)
1.06x
Interest Coverage (x)
96.09x
3.08x
Revenue Growth %
-50.52%
Operating Profit Growth %
-60.20%
Net Profit Growth %
-60.29%
-60.58%
P/E (x)
54.94x
P/B (x)
8.69x
Dividend Yield %
0.29%
42.09x

Shareholding Pattern

Numbers in percentages

TRADES
Jun 2024
73.39
0.11
DIIs
0.00
Government
0.00
26.50
Sep 2024
73.39
0.03
DIIs
0.00
Government
0.00
26.58
Dec 2024
73.39
0.30
DIIs
0.00
Government
0.00
26.30
Mar 2025
73.39
0.05
DIIs
0.00
Government
0.00
26.56
Jun 2025
73.39
0.00
DIIs
0.00
Government
0.00
26.60
Sep 2025
73.39
0.00
DIIs
0.00
Government
0.00
26.61
Dec 2025
73.39
0.01
DIIs
0.00
Government
0.00
26.60
Mar 2026
73.39
0.00
DIIs
0.00
Government
0.00
26.61
Jun 2026
73.39
0.00
DIIs
0.00
Government
0.00
26.60

Documents

Announcements

  • Copy of Newspaper Publication

    2026-08-17 - Suratwwala Business Group Limited has informed the Exchange about Copy of Newspaper Publication

  • Record Date

    2026-08-13 - Suratwwala Business Group Limited has informed the Exchange that Record date for the purpose of Final Dividend is 11-Sep-2026.

Credit Ratings

Nothing filed yet.

Concalls

  • Aug 2024

    TranscriptPPTREC