SURANASOL - Surana Solar Limited Share Price

Electrical Equipment

₹31.03-0.12(-0.39%)

Market Closed as of Nov 6, 2025, 15:30 IST

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Valuation
Market Cap	153.28 Cr
Price/Earnings (Trailing)	1.04 K
Price/Sales (Trailing)	6.27
EV/EBITDA	54.33
Price/Free Cashflow	70.2
MarketCap/EBT	865.49
Enterprise Value	153.35 Cr

Fundamentals
Revenue (TTM)	24.46 Cr
Rev. Growth (Yr)	-57%
Earnings (TTM)	12.04 L
Earnings Growth (Yr)	66.1%

Profitability
Operating Margin	1%
EBT Margin	1%
Return on Equity	0.21%
Return on Assets	0.17%
Free Cashflow Yield	1.42%

Price to Sales Ratio

Latest reported: 6

Revenue (Last 12 mths)

Latest reported: 24 Cr

Net Income (Last 12 mths)

Latest reported: 12 L

Growth & Returns
Price Change 1W	-2%
Price Change 1M	-6.6%
Price Change 6M	-2.2%
Price Change 1Y	-44.2%
3Y Cumulative Return	11.4%
5Y Cumulative Return	35.8%
7Y Cumulative Return	20.3%
10Y Cumulative Return	6.4%

Cash Flow & Liquidity
Cash Flow from Investing (TTM)	3.96 Cr
Cash Flow from Operations (TTM)	2.26 Cr
Cash Flow from Financing (TTM)	-5.72 Cr
Cash & Equivalents	6.61 L
Free Cash Flow (TTM)	2.26 Cr
Free Cash Flow/Share (TTM)	0.46

Balance Sheet
Total Assets	72.11 Cr
Total Liabilities	15.06 Cr
Shareholder Equity	57.05 Cr
Current Assets	34.03 Cr
Current Liabilities	14.87 Cr
Net PPE	26.37 Cr
Inventory	19.07 Cr
Goodwill	0.00

Capital Structure & Leverage
Debt Ratio	0.00
Debt/Equity	0.00
Interest Coverage	-0.32
Interest/Cashflow Ops	14.3

Dividend & Shareholder Returns
Shares Dilution (1Y)	0.00%
Shares Dilution (3Y)	0.00%

Pros

Buy Backs: Company has bought back it's stock in the past which is a good thing.

Balance Sheet: Strong Balance Sheet.

Cons

Momentum: Stock is suffering a negative price momentum. Stock is down -6.6% in last 30 days.

Growth: Declining Revenues! Trailing 12m revenue has fallen by -30% in past one year. In past three years, revenues have changed by -32.9%.

Past Returns: In past three years, the stock has provided 11.4% return compared to 13.5% by NIFTY 50.

Size: It is a small market cap company and can be volatile.

Dividend: Stock hasn't been paying any dividend.

Technicals: SharesGuru indicator is Bearish.

The Good, Bad and Ugly

Growth

Profitability

Size

Dilution Rank

Balance Sheet

Momentum

Technicals

Smart Money

Insider Trading

Investor Care
Shares Dilution (1Y)	0.00%
Earnings/Share (TTM)	0.03

Financial Health
Current Ratio	2.29
Debt/Equity	0.00

Technical Indicators
RSI (14d)	36.67
RSI (5d)	28.08
RSI (21d)	33.77
MACD Signal	Sell
Stochastic Oscillator Signal	Buy
Grufity Signal	Sell
RSI Signal	Hold
RSI5 Signal	Buy
RSI21 Signal	Hold
SMA 5 Signal	Sell
SMA 10 Signal	Sell
SMA 20 Signal	Sell
SMA 50 Signal	Sell
SMA 100 Signal	Sell

Summary of Latest Earnings Report from Surana Solar

Summary of Surana Solar's latest earnings call, featuring management's outlook on business performance, financial results, and analyst Q&A sessions that highlight key strategic initiatives and market challenges.

Earnings Outlook

Last updated:

Q&A Session

Last updated:

Revenue Breakdown

Analysis of Surana Solar's financial performance, highlighting revenue trends, growth patterns, and key metrics through quarterly analysis.

Revenue

Last Updated: Jun 30, 2025

Description	Share	Value
a) Solar Products	99.4%	2.1 Cr
c) Renewable Energy	0.6%	1.4 L
Total		2.1 Cr

Share Holdings

Understand Surana Solar ownership landscape with insights into key distribution patterns, offering investors a clear view of stakeholder dynamics.

Holding Pattern

Major Shareholders

Share Holding Details

Shareholder Name	Holding %
SURANA TELECOM AND POWER LIMITED	36.21%
NIKITA SURANA	0%

Overall Distribution

Distribution across major stakeholders

Ownership Distribution

Distribution across major institutional holders

Is Surana Solar Better than it's peers?

Detailed comparison of Surana Solar against industry peers, highlighting key financial metrics, valuation ratios, and performance indicators to provide competitive context within the sector.

Ticker	Name	Mkt Cap	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
		-	-	-	-	-	-	-	-

Sector Comparison: SURANASOL vs Electrical Equipment

Comprehensive comparison against sector averages

Comparative Metrics

SURANASOL metrics compared to Electrical

Category	SURANASOL	Electrical
PE	1038.33	59.93
PS	6.27	5.90
Growth	-30 %	13.9 %

Performance Comparison

SURANASOL vs Electrical (2021 - 2025)

Key Insights

1. SURANASOL is NOT among the Top 10 largest companies in Heavy Electrical Equipment.
2. The company holds a market share of 0% in Heavy Electrical Equipment.
3. In last one year, the company has had a below average growth that other Heavy Electrical Equipment companies.

Income Statement for Surana Solar

Standalone figures (in Rs. Crores) / View Consolidated Data

AnnualQuarterly

Description	(%) Q/Q	Mar-2025	Mar-2024	Mar-2023	Mar-2022	Mar-2021	Mar-2020
Revenue From Operations	123.5%	39	18	42	25	28	33
Revenue From Operations	123.5%	39	18	42	25	28	33
Other Income	12.5%	1.18	1.16	4.78	0.87	0.41	1.01
Other Income	12.5%	1.18	1.16	4.78	0.87	0.41	1.01
Total Income	116.7%	40	19	47	26	28	34
Total Income	116.7%	40	19	47	26	28	34
Cost of Materials	286%	34	9.55	40	19	18	12
Cost of Materials	286%	34	9.55	40	19	18	12
Employee Expense	28.6%	0.95	0.93	0.91	0.43	0.49	0.81
Employee Expense	28.6%	0.95	0.93	0.91	0.43	0.49	0.81
Finance costs	9.8%	0.17	0.08	0.19	0.54	0.82	0.86
Finance costs	9.8%	0.17	0.08	0.19	0.54	0.82	0.86
Depreciation and Amortization	-41.8%	1.53	1.91	2.63	3.08	4.55	4.95
Depreciation and Amortization	-41.8%	1.53	1.91	2.63	3.08	4.55	4.95
Other expenses	-60.1%	2.55	4.88	4.08	2.4	2.65	4.2
Other expenses	-60.1%	2.55	4.88	4.08	2.4	2.65	4.2
Total Expenses	105.3%	40	20	44	24	28	33
Total Expenses	105.3%	40	20	44	24	28	33
Profit Before exceptional items and Tax	49.5%	0.04	-0.9	3.31	1.22	0.41	0.75
Profit Before exceptional items and Tax	49.5%	0.04	-0.9	3.31	1.22	0.41	0.75
Total profit before tax	49.5%	0.04	-0.9	3.31	1.22	0.41	0.75
Total profit before tax	49.5%	0.04	-0.9	3.31	1.22	0.41	0.75
Current tax	-56%	0.22	0.5	1.2	0.54	0.18	0.19
Current tax	-56%	0.22	0.5	1.2	0.54	0.18	0.19
Deferred tax	-7.9%	-0.23	-0.14	-0.17	-0.17	0.01	-0.03
Deferred tax	-7.9%	-0.23	-0.14	-0.17	-0.17	0.01	-0.03
Total tax	-59.4%	-0.02	0.36	1.03	0.37	0.2	0.16
Total tax	-59.4%	-0.02	0.36	1.03	0.37	0.2	0.16
Total profit (loss) for period	58.4%	0.06	-1.26	2.29	0.85	0.21	0.59
Total profit (loss) for period	58.4%	0.06	-1.26	2.29	0.85	0.21	0.59
Total Comprehensive Income	58.4%	0.06	-1.26	2.29	0.85	0.21	0.59
Total Comprehensive Income	58.4%	0.06	-1.26	2.29	0.85	0.21	0.59
Earnings Per Share, Basic	21.4%	0.01	-0.26	0.46	0.17	0.04	0.12
Earnings Per Share, Basic	21.4%	0.01	-0.26	0.46	0.17	0.04	0.12
Earnings Per Share, Diluted	21.4%	0.01	-0.26	0.46	0.17	0.04	0.12
Earnings Per Share, Diluted	21.4%	0.01	-0.26	0.46	0.17	0.04	0.12

Description	(%) Q/Q	Sep-2025	Jun-2025	Mar-2025	Dec-2024	Sep-2024	Jun-2024
Revenue From Operations	45%	2.58	2.09	2.52	11	14	11
Revenue From Operations	45%	2.58	2.09	2.52	11	14	11
Other Income	94.9%	3.67	2.37	0.42	0.18	0.26	0.32
Other Income	94.9%	3.67	2.37	0.42	0.18	0.26	0.32
Total Income	52.2%	6.25	4.45	2.94	11	15	12
Total Income	52.2%	6.25	4.45	2.94	11	15	12
Cost of Materials	68.9%	3.77	2.64	2.31	8.72	13	10
Cost of Materials	68.9%	3.77	2.64	2.31	8.72	13	10
Employee Expense	53.9%	0.65	0.24	0.24	0.24	0.23	0.24
Employee Expense	53.9%	0.65	0.24	0.24	0.24	0.23	0.24
Finance costs	2.1%	0.06	0.04	0.05	0.01	0.07	0.03
Finance costs	2.1%	0.06	0.04	0.05	0.01	0.07	0.03
Depreciation and Amortization	34.8%	0.55	0.31	0.36	0.26	0.47	0.44
Depreciation and Amortization	34.8%	0.55	0.31	0.36	0.26	0.47	0.44
Other expenses	47.1%	0.91	0.83	0.97	0.6	0.45	0.52
Other expenses	47.1%	0.91	0.83	0.97	0.6	0.45	0.52
Total Expenses	46.3%	5.52	4.09	3.93	11	14	11
Total Expenses	46.3%	5.52	4.09	3.93	11	14	11
Profit Before exceptional items and Tax	57.8%	0.73	0.36	-0.98	0.22	0.48	0.32
Profit Before exceptional items and Tax	57.8%	0.73	0.36	-0.98	0.22	0.48	0.32
Total profit before tax	57.8%	0.73	0.36	-0.98	0.22	0.48	0.32
Total profit before tax	57.8%	0.73	0.36	-0.98	0.22	0.48	0.32
Current tax	-5.7%	0.08	0.13	-0.22	0.11	0.23	0.09
Current tax	-5.7%	0.08	0.13	-0.22	0.11	0.23	0.09
Deferred tax	15.2%	0.11	-0.05	-0.05	-0.06	-0.08	-0.04
Deferred tax	15.2%	0.11	-0.05	-0.05	-0.06	-0.08	-0.04
Total tax	11%	0.19	0.09	-0.27	0.05	0.16	0.04
Total tax	11%	0.19	0.09	-0.27	0.05	0.16	0.04
Total profit (loss) for period	36.1%	0.54	0.28	-0.71	0.17	0.33	0.28
Total profit (loss) for period	36.1%	0.54	0.28	-0.71	0.17	0.33	0.28
Total Comprehensive Income	36.1%	0.54	0.28	-0.71	0.17	0.33	0.28
Total Comprehensive Income	36.1%	0.54	0.28	-0.71	0.17	0.33	0.28
Earnings Per Share, Basic	5.3%	0.11	0.06	-0.14	0.03	0.07	0.06
Earnings Per Share, Basic	5.3%	0.11	0.06	-0.14	0.03	0.07	0.06
Earnings Per Share, Diluted	5.3%	0.11	0.06	-0.14	0.03	0.07	0.06
Earnings Per Share, Diluted	5.3%	0.11	0.06	-0.14	0.03	0.07	0.06

Consolidated figures (in Rs. Crores) / View Standalone Data

AnnualQuarterly

Description	(%) Q/Q	Sep-2025	Jun-2025	Mar-2025	Dec-2024	Sep-2024	Jun-2024
Revenue From Operations	-	-	2.09	-	36	-	-
Revenue From Operations	-	-	2.09	-	36	-	-
Other Income	-	-	2.37	-	0.76	-	-
Other Income	-	-	2.37	-	0.76	-	-
Total Income	-	-	4.45	-	37	-	-
Total Income	-	-	4.45	-	37	-	-
Cost of Materials	-	-	2.64	-	32	-	-
Cost of Materials	-	-	2.64	-	32	-	-
Employee Expense	-	-	0.24	-	0.71	-	-
Employee Expense	-	-	0.24	-	0.71	-	-
Finance costs	-	-	0.04	-	0.12	-	-
Finance costs	-	-	0.04	-	0.12	-	-
Depreciation and Amortization	-	-	0.31	-	1.17	-	-
Depreciation and Amortization	-	-	0.31	-	1.17	-	-
Other expenses	-	-	0.99	-	1.58	-	-
Other expenses	-	-	0.99	-	1.58	-	-
Total Expenses	-	-	4.24	-	36	-	-
Total Expenses	-	-	4.24	-	36	-	-
Profit Before exceptional items and Tax	-	-	0.21	-	1.02	-	-
Profit Before exceptional items and Tax	-	-	0.21	-	1.02	-	-
Total profit before tax	-	-	0.21	-	1.02	-	-
Total profit before tax	-	-	0.21	-	1.02	-	-
Current tax	-	-	0.13	-	0.43	-	-
Current tax	-	-	0.13	-	0.43	-	-
Deferred tax	-	-	-0.05	-	-0.18	-	-
Deferred tax	-	-	-0.05	-	-0.18	-	-
Total tax	-	-	0.09	-	0.26	-	-
Total tax	-	-	0.09	-	0.26	-	-
Total profit (loss) for period	-	-	0.12	-	0.77	-	-
Total profit (loss) for period	-	-	0.12	-	0.77	-	-
Total Comprehensive Income	-	-	0.12	-	0.77	-	-
Total Comprehensive Income	-	-	0.12	-	0.77	-	-
Earnings Per Share, Basic	-	-	0.03	-	0.16	-	-
Earnings Per Share, Basic	-	-	0.03	-	0.16	-	-
Earnings Per Share, Diluted	-	-	0.03	-	0.16	-	-
Earnings Per Share, Diluted	-	-	0.03	-	0.16	-	-

Balance Sheet for Surana Solar

Standalone figures (in Rs. Crores) / View Consolidated Data

Description	(%) Q/Q	Sep-2025	Mar-2025	Sep-2024	Mar-2024	Sep-2023	Mar-2023
Cash and cash equivalents	-322.7%	0.07	0.78	0.06	0.29	0.01	0.12
Cash and cash equivalents	-322.7%	0.07	0.78	0.06	0.29	0.01	0.12
Current investments	-36.9%	3.56	5.06	6.55	8.04	0.19	5.62
Current investments	-36.9%	3.56	5.06	6.55	8.04	0.19	5.62
Loans, current	-1%	0	0.01	0	0	0	0
Loans, current	-1%	0	0.01	0	0	0	0
Total current financial assets	-5.5%	7.01	7.36	18	8.66	1.39	6.36
Total current financial assets	-5.5%	7.01	7.36	18	8.66	1.39	6.36
Inventories	20%	19	16	18	18	21	13
Inventories	20%	19	16	18	18	21	13
Current tax assets	-2.6%	0.2	0.22	0	-	0	0
Current tax assets	-2.6%	0.2	0.22	0	-	0	0
Total current assets	0%	34	34	44	35	32	30
Total current assets	0%	34	34	44	35	32	30
Property, plant and equipment	177.8%	26	10	13	14	15	20
Property, plant and equipment	177.8%	26	10	13	14	15	20
Capital work-in-progress	-	-	1.24	0	-	0	0
Capital work-in-progress	-	-	1.24	0	-	0	0
Loans, non-current	-15.4%	12	14	7.79	9.87	13	10
Loans, non-current	-15.4%	12	14	7.79	9.87	13	10
Total non-current financial assets	-21.4%	12	15	7.97	10	13	10
Total non-current financial assets	-21.4%	12	15	7.97	10	13	10
Total non-current assets	48%	38	26	21	24	27	30
Total non-current assets	48%	38	26	21	24	27	30
Total assets	20.3%	72	60	65	59	59	59
Total assets	20.3%	72	60	65	59	59	59
Borrowings, non-current	-	0	0	0	0	0	0
Borrowings, non-current	-	0	0	0	0	0	0
Total non-current financial liabilities	-	0	0	0	0	0	0
Total non-current financial liabilities	-	0	0	0	0	0	0
Total non-current liabilities	6.9%	0.19	0.13	0.24	0.36	0.38	0.5
Total non-current liabilities	6.9%	0.19	0.13	0.24	0.36	0.38	0.5
Borrowings, current	-	0.14	0	3.6	0	0.2	0
Borrowings, current	-	0.14	0	3.6	0	0.2	0
Total current financial liabilities	195%	8.05	3.39	7.03	0.23	0.86	0.51
Total current financial liabilities	195%	8.05	3.39	7.03	0.23	0.86	0.51
Provisions, current	9.9%	0.18	0.09	0.07	0.16	0.16	0.06
Provisions, current	9.9%	0.18	0.09	0.07	0.16	0.16	0.06
Current tax liabilities	-	0	0	0.35	0.31	0	0.24
Current tax liabilities	-	0	0	0.35	0.31	0	0.24
Total current liabilities	464.5%	15	3.48	8	2.34	2.48	1.51
Total current liabilities	464.5%	15	3.48	8	2.34	2.48	1.51
Total liabilities	436.4%	15	3.61	8.24	2.7	2.86	2.01
Total liabilities	436.4%	15	3.61	8.24	2.7	2.86	2.01
Equity share capital	0%	25	25	25	25	25	25
Equity share capital	0%	25	25	25	25	25	25
Total equity	1.8%	57	56	57	56	56	57
Total equity	1.8%	57	56	57	56	56	57
Total equity and liabilities	20.3%	72	60	65	59	59	59
Total equity and liabilities	20.3%	72	60	65	59	59	59

Consolidated figures (in Rs. Crores) / View Standalone Data

Cash Flow for Surana Solar

Standalone figures (in Rs. Crores)

Description	(%) Q/Q	Mar-2025	Mar-2024	Mar-2023	Mar-2022	Mar-2021	Mar-2020
Change in inventories	122.7%	2.33	-4.86	7.49	-12.29	-	-
Change in inventories	122.7%	2.33	-4.86	7.49	-12.29	-	-
Depreciation	-41.8%	1.53	1.91	2.63	3.08	-	-
Depreciation	-41.8%	1.53	1.91	2.63	3.08	-	-
Dividend income	-6.4%	0	0.06	0.06	0.07	-	-
Dividend income	-6.4%	0	0.06	0.06	0.07	-	-
Adjustments for interest income	-	0	0	0.58	0.56	-	-
Adjustments for interest income	-	0	0	0.58	0.56	-	-
Net Cashflows from Operations	204.5%	2.86	-0.78	15	-8.33	-	-
Net Cashflows from Operations	204.5%	2.86	-0.78	15	-8.33	-	-
Interest paid	-8.3%	-0.17	-0.08	-0.19	-0.54	-	-
Interest paid	-8.3%	-0.17	-0.08	-0.19	-0.54	-	-
Interest received	4.1%	-0.65	-0.72	0	0	-	-
Interest received	4.1%	-0.65	-0.72	0	0	-	-
Income taxes paid (refund)	-75.4%	0	0.43	1.24	0.37	-	-
Income taxes paid (refund)	-75.4%	0	0.43	1.24	0.37	-	-
Other inflows (outflows) of cash	-215.5%	-0.12	1.97	0	0	-	-
Other inflows (outflows) of cash	-215.5%	-0.12	1.97	0	0	-	-
Net Cashflows From Operating Activities	241.6%	2.26	0.11	14	-8.16	-	-
Net Cashflows From Operating Activities	241.6%	2.26	0.11	14	-8.16	-	-
Proceeds from sales of PPE	-266.7%	0	1.6	1.5	0.03	-	-
Proceeds from sales of PPE	-266.7%	0	1.6	1.5	0.03	-	-
Purchase of property, plant and equipment	-	0	0	0.2	0.31	-	-
Purchase of property, plant and equipment	-	0	0	0.2	0.31	-	-
Purchase of investment property	-	0.1	0	0	0	-	-
Purchase of investment property	-	0.1	0	0	0	-	-
Proceeds from sales of long-term assets	-	1.94	0	0	0	-	-
Proceeds from sales of long-term assets	-	1.94	0	0	0	-	-
Purchase of other long-term assets	-	1.24	0	0	0	-	-
Purchase of other long-term assets	-	1.24	0	0	0	-	-
Dividends received	-6.4%	0	0.06	0	0.07	-	-
Dividends received	-6.4%	0	0.06	0	0.07	-	-
Interest received	-25%	0.65	0.72	0.58	0.56	-	-
Interest received	-25%	0.65	0.72	0.58	0.56	-	-
Income taxes paid (refund)	-	0.74	0	0	0	-	-
Income taxes paid (refund)	-	0.74	0	0	0	-	-
Other inflows (outflows) of cash	172.5%	3.45	-2.38	-5.5	4.8	-	-
Other inflows (outflows) of cash	172.5%	3.45	-2.38	-5.5	4.8	-	-
Net Cashflows From Investing Activities	393.1%	3.96	-0.01	-3.63	5.16	-	-
Net Cashflows From Investing Activities	393.1%	3.96	-0.01	-3.63	5.16	-	-
Proceeds from borrowings	-	0	0	0	3.04	-	-
Proceeds from borrowings	-	0	0	0	3.04	-	-
Repayments of borrowings	-	0	0	10	0	-	-
Repayments of borrowings	-	0	0	10	0	-	-
Dividends paid	-	0	0	0.06	0.06	-	-
Dividends paid	-	0	0	0.06	0.06	-	-
Interest paid	9.8%	0.17	0.08	0.19	0.54	-	-
Interest paid	9.8%	0.17	0.08	0.19	0.54	-	-
Other inflows (outflows) of cash	-662.8%	-5.56	0.14	0.49	0.51	-	-
Other inflows (outflows) of cash	-662.8%	-5.56	0.14	0.49	0.51	-	-
Net Cashflows from Financing Activities	-614.9%	-5.72	0.06	-10.15	2.95	-	-
Net Cashflows from Financing Activities	-614.9%	-5.72	0.06	-10.15	2.95	-	-
Net change in cash and cash eq.	38.6%	0.49	0.17	0.12	-0.05	-	-
Net change in cash and cash eq.	38.6%	0.49	0.17	0.12	-0.05	-	-
Cash equivalents beginning of period	-	-	0.29	0.12	0.06	-	-
Cash equivalents beginning of period	-	-	0.29	0.12	0.06	-	-

What does Surana Solar Limited do?

Heavy Electrical Equipment•Capital Goods•Small Cap

Surana Solar Limited manufactures and sells solar panels and solar photovoltaic (PV) modules under the Surana Solar brand in India and internationally. It operates through Renewable Energy and Trading & Others segments. The company engages in generation of wind and solar power energy; trading of other solar related products; and infrastructure leasing activities. It also provides engineering, procurement, and construction services for power projects on turnkey basis; solar lighting products, including home lighting systems and solar street lighting products; and solar lanterns for use in street, industrial site, travelling, and house and garden application. In addition, the company operates manufacturing unit at cherlapally with installed capacity of 40 MW and the fabcity with installed capacity of 20 mw for manufacture of solar photovoltaic modules. The company was formerly known as Surana Ventures Limited. Surana Solar Limited was incorporated in 2006 and is based in Hyderabad, India.

Industry Group:Electrical Equipment

Employees:36

Website:www.suranasolar.com

SURANASOL - Surana Solar Limited Share Price

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