Surana Solar Ltd.

•
₹ 25.850.43%

2026-08-21

suranasolar.comBSE: 533298NSE: SURANASOL
Market Cap₹ 128 Cr.
Current Price₹ 26
High / Low₹ 39 / 18
Stock P/E—
Book Value₹ 11
Price to Book2.82
Dividend Yield0.00 %
ROCE0.2 %
ROE-0.1 %
Face Value₹ 5

Add ratio to table

ABOUT

KEY POINTS

Revenue Breakup Mar 2025 • Solar Products: 99.3% • Wind Power: 0.7%

PROS

  • Company is almost debt free

CONS

  • Company is loss-making at the operating / net level
  • Interest coverage is weak at 0.6x - earnings barely cover interest
  • Working capital days have increased from 37 to 281 days
  • Inventory has been piling up - inventory days up from 113 to 215
  • Company's return on assets is weak at -0.1%

* The pros and cons are machine generated based on quantitative rules.

Peer comparison

EDIT COLUMNS
Capital GoodsElectricalsElectronics - Components
Part ofNIFTY 50NIFTY 500NIFTY LARGEMIDCAP 250NIFTY 100NIFTY 200
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.SYRMA1491.9078.1528768.380.10105.69111.721588.6268.2917.7010.17
2.KAYNES3811.0073.9025546.910.00564.26656.269460.171304.7014.6715.60
3.AVALON2240.85112.0614971.510.0034.87145.31484.4149.8314.1211.96
4.UTLSOLAR481.200.0014863.250.00577.94—13456.93—40.6318.94
5.VIKRAMSOLR170.8017.346189.010.0019.78-85.171563.0937.8934.078.06
6.CYIENTDLM714.8069.115674.320.0016.29118.21373.8034.2510.419.93
7.SAATVIKGL399.7020.485080.390.005.36-95.49511.01-44.2055.186.62
8.CENTUM3372.45100.334978.420.1510.55135.70204.15-22.5326.0211.54
9.WEBELSOLAR82.7911.863594.440.30777.901511.563726.002053.8859.3833.70
10.KERNEX1870.0016.483142.280.00109.851382.00503.58800.3823.6932.33
11.MODINSULAT439.6022.012072.450.0029.6094.43188.3033.1910.5316.89
12.SURANASOL25.980.00127.840.000.12—2.09—0.15-86.60
Detailed Comparison with:

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Mar 2025
3
4
Operating Profit
—
OPM %
—
Other Income
0
Interest
0
Depreciation
0
-1
Tax %
24.77%
Net Profit
-1
-0
Equity Capital
25
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
25
Reserves
0
Promoter Pledge %
0.00%
Jun 2025
2
4
Operating Profit
—
OPM %
—
Other Income
2
Interest
0
Depreciation
0
0
Tax %
42.86%
Net Profit
0
0
Equity Capital
25
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
25
Reserves
0
Promoter Pledge %
0.00%

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013
95
86
Operating Profit
10
OPM %
10
Other Income
1
Interest
3
Depreciation
3
4
Tax %
28
Net Profit
3
EPS
0
Dividend Payout %
95
Minority Interest
0
Share of Associates
0
Adjusted EPS
1
Minority Interest
0
Share of Associates
0
Adjusted EPS
1
Mar 2025
39
38
Operating Profit
2
OPM %
4
Other Income
1
Interest
0
Depreciation
2
-0
Tax %
23
Net Profit
-0
EPS
-0
Dividend Payout %
0
Minority Interest
0
Share of Associates
0
Adjusted EPS
-0
Minority Interest
0
Share of Associates
0
Adjusted EPS
-0

COMPOUNDED SALES GROWTH

10 Years:
—
5 Years:
—
3 Years:
—

COMPOUNDED PROFIT GROWTH

10 Years:
—
5 Years:
—
3 Years:
—

STOCK PRICE CAGR

10 Years:
0%
5 Years:
15%
3 Years:
2%
1 Year:
-18%

RETURN ON EQUITY

10 Years:
—
5 Years:
—
3 Years:
—
Last Year:
0%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Corporate actions

2015

Sep 23

₹ 0.10

Rs.0.5000 per share(10%)Dividend

Mar 2013
Equity Capital
25
18
11
Trade Payables
23
24
Total Liabilities
100
32
Capital Work in Progress
17
0
30
0
Cash & Bank
5
16
Total Assets
100
Total Debt
29
Net Working Capital
10
Contingent Liabilities
13
Book Value per Share
17.16
Face Value
10.00
Total Debt
29
Net Working Capital
10
Contingent Liabilities
13
Book Value per Share
17.16
Face Value
10.00
Mar 2025
Equity Capital
25
32
0
Trade Payables
0
3
Total Liabilities
60
10
Capital Work in Progress
1
5
16
0
Cash & Bank
2
25
Total Assets
60
Total Debt
0
Net Working Capital
30
Contingent Liabilities
0
Book Value per Share
11.40
Face Value
5.00
Total Debt
0
Net Working Capital
30
Contingent Liabilities
0
Book Value per Share
11.40
Face Value
5.00

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013
18
Cash from Investing
-14
Cash from Financing
-0
3
Free Cash Flow
18
OCF / Net Profit
6.82
Cumulative 5-Year FCF
0
OCF / Net Profit
6.82
Cumulative 5-Year FCF
0
Mar 2025
2
Cash from Investing
5
Cash from Financing
-6
1
Free Cash Flow
2
OCF / Net Profit
-28.74
Cumulative 5-Year FCF
0
OCF / Net Profit
-28.74
Cumulative 5-Year FCF
0

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013
EPS (₹)
1.05
Book Value (₹)
17.16
Dividend per Share (₹)
1.00
Cash EPS (₹)
1.16
Operating Margin %
9.98%
Net Margin %
2.65%
ROE %
6.11%
ROCE %
9.16%
2.58%
Debtor Days
36
Inventory Days
113
Payable Days
116
33
Debt to Equity (x)
0.70x
Interest Coverage (x)
2.20x
1.25x
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 2025
EPS (₹)
-0.01
Book Value (₹)
11.40
Dividend per Share (₹)
0.00
Cash EPS (₹)
0.30
Operating Margin %
1.14%
Net Margin %
-0.14%
ROE %
-0.11%
ROCE %
0.15%
-0.07%
Debtor Days
47
Inventory Days
215
Payable Days
121
141
Debt to Equity (x)
0.00x
Interest Coverage (x)
0.59x
9.61x
Revenue Growth %
-59.12%
Operating Profit Growth %
-83.26%
Net Profit Growth %
-102.04%
-101.02%
P/E (x)
0.00x
P/B (x)
2.82x
Dividend Yield %
0.00%
96.41x

Shareholding Pattern

Numbers in percentages

TRADES
Jun 2024
46.68
0.19
0.03
Government
0.00
53.09
Sep 2024
42.89
0.29
0.03
Government
0.00
56.78
Dec 2024
42.89
0.02
0.03
Government
0.00
57.05
Mar 2025
43.20
0.17
0.03
Government
0.00
56.58
Jun 2025
43.20
0.35
0.04
Government
0.00
56.42
Sep 2025
43.31
0.00
0.04
Government
0.00
56.65
Dec 2025
43.71
0.03
0.04
Government
0.00
56.23
Mar 2026
44.34
0.00
0.04
Government
0.00
55.62
Jun 2026
45.75
0.15
0.04
Government
0.00
54.06

Documents

Announcements

Annual Reports

Credit Ratings

Nothing filed yet.

Concalls

Nothing filed yet.