Surana Solar Limited (SURANASOL) AI Stock Analysis

• Market Cap: ₹1.30B
• Dividend Yield: N/A
• Average Volume (3M): 35.88K
• Price to Earnings (P/E): 1519.5
• Beta (1Y): 1.23
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: IN
• Employees: 36
• Sector: Energy
• Sector Strength: 52
• Industry: Solar
• EPS (TTM): 0.11
• Shares Outstanding: 49,206,600
• 10 Day Avg. Volume: 11,305
• 30 Day Avg. Volume: 35,882
• PEG Ratio: -31.93
• Price to Book (P/B): 3.45
• Price to Sales (P/S): 5.00
• P/FCF Ratio: 717.93
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 45 Neutral
• Price Target: ₹27.00 ▼(-3.74% Downside)

The score is held down primarily by weak and inconsistent profitability and cash flow, despite a conservative, debt-free balance sheet. Technical indicators also point to a soft trend (below key moving averages with negative MACD). Valuation is a major headwind due to the extremely high P/E and lack of dividend support.

Surana Solar Limited Business Overview & Revenue Model

Company Description

Surana Solar Limited manufactures and sells solar panels and solar photovoltaic modules in India and internationally. The company operates through Solar Products and Wind Power segments. It generates wind and solar power; and trades in solar photovoltaic modules and other solar related products. The company was formerly known as Surana Ventures Limited. Surana Solar Limited was incorporated in 2006 and is based in Hyderabad, India.

How the Company Makes Money

Surana Solar Limited Financial Statement Overview

Summary

Income Statement

Balance Sheet

Cash Flow

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	295.27M	388.00M	177.06M	421.83M	248.32M	279.42M
Gross Profit	15.49M	40.56M	56.20M	13.25M	55.81M	73.10M
EBITDA	14.99M	14.58M	10.84M	61.34M	48.34M	57.11M
Net Income	-240.00K	585.00K	-12.59M	22.85M	8.46M	2.11M
Balance Sheet
Total Assets	0.00	598.32M	588.65M	594.38M	685.03M	639.79M
Cash, Cash Equivalents and Short-Term Investments	68.65M	68.67M	83.31M	60.26M	586.00K	49.09M
Total Debt	0.00	0.00	0.00	0.00	103.84M	73.47M
Total Liabilities	-561.14M	36.06M	26.98M	20.11M	133.62M	96.83M
Stockholders Equity	561.14M	562.26M	561.68M	574.26M	551.41M	542.96M
Cash Flow
Free Cash Flow	0.00	2.70M	1.13M	136.92M	-84.70M	56.40M
Operating Cash Flow	0.00	15.13M	1.13M	138.89M	-81.63M	59.07M
Investing Cash Flow	0.00	47.03M	-63.00K	-36.26M	51.56M	-50.96M
Financing Cash Flow	0.00	-57.24M	615.00K	-101.48M	29.54M	-7.86M

Surana Solar Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
KPIGREEN	72 Outperform	₹88.31B	22.20	―	0.20%	70.67%	59.54%
Sector *	65 Neutral	$15.17B	7.61	4.09%	5.20%	3.87%	-62.32%
WEBELSOLAR	61 Neutral	₹35.09B	17.26	―	―	152.12%	―
ZODIAC	57 Neutral	₹4.31B	20.97	―	0.25%	64.71%	48.65%
INOXGREEN	55 Neutral	₹69.56B	114.67	―	―	24.33%	66.14%
SURANASOL	45 Neutral	₹1.30B	1,519.54	―	―	―	―
SWSOLAR	43 Neutral	₹46.39B	-12.50	―	―	112.24%	-474.43%

Surana Solar Limited Corporate Events

Surana Solar Closes Trading Window Ahead of December-Quarter Results

Surana Solar Limited has announced the closure of its trading window for all directors, connected persons, designated persons, and their immediate relatives in line with the SEBI (Prohibition of Insider Trading) Regulations, 2015 and the company’s internal code of conduct. The trading window will be shut from 1 January 2026 until 48 hours after the announcement of the company’s financial results for the quarter ended 31 December 2025, with the board meeting date for approving these results to be communicated separately, reinforcing its compliance framework and governance standards for market participants.