Surya Roshni Limited (IN:SURYAROSNI)
:SURYAROSNI
Want to see IN:SURYAROSNI full AI Analyst Report?
Top Page
Surya Roshni Limited
(SURYAROSNI)
Select Model
Select Model
Rating:67Neutral
Price Target:
₹253.00
▼(-9.66% Downside)
Action:Reiterated
Date:05/27/26
The score is driven primarily by strong balance-sheet quality and solid free-cash-flow generation, offset by weak recent income-statement trends (flat revenue and FY2026 margin/profit pressure). Technical signals are mildly bearish, while valuation (P/E and dividend yield) is reasonable and provides some support.
Positive Factors
Conservative balance sheet
Very low leverage and steady equity growth provide long-term financial flexibility. This conservative financing reduces refinancing and solvency risk during industry cycles, supports capacity investments or opportunistic M&A, and helps sustain operations and dividends across a 2–6 month horizon and beyond.
Negative Factors
Muted revenue growth
Flat top-line growth indicates limited market share gains and constrained demand expansion. Without sustained revenue momentum, operating leverage is harder to realize, restricting margin expansion and reinvestment capacity, which can impede durable growth initiatives over the next several quarters.
Read all positive and negative factors
Positive Factors
Negative Factors
Conservative balance sheet
Very low leverage and steady equity growth provide long-term financial flexibility. This conservative financing reduces refinancing and solvency risk during industry cycles, supports capacity investments or opportunistic M&A, and helps sustain operations and dividends across a 2–6 month horizon and beyond.
Read all positive factors
Surya Roshni Limited (SURYAROSNI) vs. iShares MSCI India ETF (INDA)
Market Cap
₹51.71B
Dividend Yield2.03%
Average Volume (3M)20.48K
Price to Earnings (P/E)18.1
Beta (1Y)1.06
Revenue Growth1.41%
EPS Growth-17.68%
CountryIN
Employees3,247
SectorConsumer Defensive
Sector Strength42
IndustrySteel
Share Statistics
EPS (TTM)15.06
Shares Outstanding217,635,900
10 Day Avg. Volume17,919
30 Day Avg. Volume20,485
Financial Highlights & Ratios
PEG Ratio-0.81
Price to Book (P/B)1.55
Price to Sales (P/S)0.54
P/FCF Ratio16.34
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)19.8
Revenue Forecast (FY)₹90.02B
Surya Roshni Limited Business Overview & Revenue Model
Company Description
Surya Roshni Limited manufactures and markets steel pipes and tubes, lighting products, fans, home appliances, and PVC pipes in India. The company operates through Steel Pipe and Strips; and Lighting and Consumer Durables segments. It offers ERW s...
How the Company Makes Money
Surya Roshni Limited makes money primarily by manufacturing and selling physical products across its two key segments. (1) Steel Pipes: Revenue is generated from the sale of steel pipes to customers involved in infrastructure, water supply, oil & ...
Surya Roshni Limited Financial Statement Overview
Summary
Income Statement
63
Positive
Balance Sheet
82
Very Positive
Cash Flow
71
Positive
| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 74.63B | 75.40B | 73.85B | 78.09B | 79.75B | 77.12B |
| Gross Profit | 17.84B | 11.28B | 18.01B | 17.28B | 10.83B | 14.76B |
| EBITDA | 5.81B | 3.57B | 5.79B | 5.86B | 6.13B | 4.40B |
| Net Income | 3.28B | 2.86B | 3.47B | 3.29B | 3.36B | 2.05B |
Balance Sheet | ||||||
| Total Assets | 34.48B | 35.45B | 32.34B | 29.22B | 30.57B | 31.15B |
| Cash, Cash Equivalents and Short-Term Investments | 5.32B | 4.53B | 2.96B | 449.90M | 11.10M | 4.30M |
| Total Debt | 1.24B | 798.10M | 163.00M | 160.10M | 4.18B | 5.93B |
| Total Liabilities | 9.40B | 9.11B | 7.69B | 7.55B | 11.94B | 15.67B |
| Stockholders Equity | 25.08B | 26.34B | 24.65B | 21.66B | 18.64B | 15.48B |
Cash Flow | ||||||
| Free Cash Flow | 1.86B | 2.51B | 2.44B | 4.78B | 2.44B | 2.27B |
| Operating Cash Flow | 2.47B | 4.10B | 3.95B | 5.40B | 2.80B | 2.85B |
| Investing Cash Flow | -2.89B | -3.20B | -3.29B | -514.60M | -331.80M | -536.20M |
| Financing Cash Flow | 238.20M | -653.40M | -803.40M | -4.54B | -2.46B | -2.31B |
Surya Roshni Limited Technical Analysis
Negative
280.05
Price Trends
230.56
Positive
237.45
Positive
259.18
Negative
Market Momentum
-0.88
Positive
48.76
Neutral
42.01
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:SURYAROSNI, the sentiment is Negative. The current price of 280.05 is above the 20-day moving average (MA) of 248.10, above the 50-day MA of 230.56, and above the 200-day MA of 259.18, indicating a neutral trend. The MACD of -0.88 indicates Positive momentum. The RSI at 48.76 is Neutral, neither overbought nor oversold. The STOCH value of 42.01 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:SURYAROSNI.
Surya Roshni Limited Peers Comparison
UnderperformOutperform
Sector (62)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
70 Outperform | ₹157.26B | 16.11 | ― | 1.18% | -14.08% | -44.02% | |
69 Neutral | ₹361.82B | 22.47 | ― | 0.61% | 19.98% | -15.82% | |
67 Neutral | ₹51.71B | 18.10 | ― | 2.03% | 1.41% | -17.68% | |
65 Neutral | ₹518.68B | 43.05 | ― | 0.31% | 8.56% | 58.85% | |
65 Neutral | ₹181.55B | 37.38 | ― | 0.60% | -13.35% | -11.28% | |
63 Neutral | ₹595.52B | 18.68 | ― | 0.38% | 9.27% | 27.44% | |
62 Neutral | $20.33B | 14.63 | -3.31% | 3.23% | 1.93% | -12.26% |
* Consumer Defensive Sector Average
IN:SURYAROSNI
Surya Roshni Limited
237.60
-89.26
-27.31%
IN:APLAPOLLO
APL Apollo Tubes Limited
1,868.05
49.30
2.71%
IN:JINDALSAW
Jindal Saw Limited
245.90
36.20
17.26%
IN:JSL
Jindal Stainless Limited
722.35
55.65
8.35%
IN:RATNAMANI
Ratnamani Metals & Tubes Ltd.
2,590.20
-253.88
-8.93%
IN:WELCORP
Welspun Corp Limited
1,371.60
481.40
54.08%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.