Surya Roshni Limited (SURYAROSNI) AI Stock Analysis

• Market Cap: ₹65.99B
• Dividend Yield: 1.41%
• Average Volume (3M): 20.48K
• Price to Earnings (P/E): 22.9
• Beta (1Y): 1.17
• Revenue Growth: -8.69%
• EPS Growth: -20.94%
• Country: IN
• Employees: 3,247
• Sector: Consumer Defensive
• Sector Strength: 42
• Industry: Steel
• EPS (TTM): 1.50
• Shares Outstanding: 217,635,900
• 10 Day Avg. Volume: 17,919
• 30 Day Avg. Volume: 20,485
• PEG Ratio: 3.58
• Price to Book (P/B): 2.27
• Price to Sales (P/S): 0.76
• P/FCF Ratio: 23.02
• 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: Hold
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 71 Outperform
• Price Target: ₹326.00 ▲(8.23% Upside)

Surya Roshni Limited's strong financial performance is the primary driver of its overall stock score, supported by consistent revenue growth and efficient cash flow management. The technical analysis indicates some short-term challenges, but the stock remains fairly valued with a reasonable P/E ratio and dividend yield. The absence of earnings call and corporate events data does not impact the score significantly.

Surya Roshni Limited Business Overview & Revenue Model

Company Description

Surya Roshni Limited (SURYAROSNI) is a leading Indian conglomerate engaged primarily in the manufacturing and marketing of lighting products, electrical cables, and consumer goods. Established in 1973, the company operates in multiple sectors, including the lighting division, which offers a wide range of LED lighting solutions, and the steel division, which produces steel pipes and tubes. Surya Roshni is recognized for its commitment to quality and innovation, focusing on providing energy-efficient and sustainable products to its customers.

How the Company Makes Money

Surya Roshni generates revenue through several key streams. Primarily, the company earns income from the sale of its lighting products, including LED bulbs, fixtures, and other lighting solutions, which cater to both residential and commercial markets. Additionally, the electrical cables segment contributes significantly to revenue, providing a variety of cables used in construction and infrastructure projects. The steel division, producing pipes and tubes, also adds to the company’s earnings, particularly in the industrial sector. The company has established significant partnerships with various distributors and retail networks, enhancing its market reach and sales. Furthermore, Surya Roshni's focus on innovation and sustainability attracts new customers and retains existing ones, thereby bolstering its revenue in a competitive marketplace.

Surya Roshni Limited Financial Statement Overview

Summary

Surya Roshni Limited exhibits a solid financial foundation with strong revenue growth, improving profitability, and efficient cash flow management. The company's low leverage and effective use of equity add to its financial stability. While there are areas for improvement, such as further enhancing asset utilization, the overall financial health is positive, positioning the company well for future growth in the steel industry.

Income Statement

Surya Roshni Limited has demonstrated a strong financial performance in its income statement with consistent revenue growth and improving profitability. Over the last few years, the company has maintained a healthy gross profit margin, showing efficiency in managing production costs. The net profit margin has also shown improvement, indicating better overall profitability. Revenue growth has been consistent, and the company has successfully improved its EBIT and EBITDA margins, reflecting strong operational performance.

Balance Sheet

The balance sheet of Surya Roshni Limited reflects a stable financial position with a strong equity base. The debt-to-equity ratio is low, indicating prudent leverage management. Additionally, the company has shown a good return on equity, which suggests effective use of shareholder funds. However, the equity ratio suggests that there is room for improvement in asset utilization.

Cash Flow

Surya Roshni Limited has shown robust cash flow management with consistent positive free cash flow. The operating cash flow to net income ratio indicates strong cash generation relative to net income, which is a positive sign for liquidity. While the free cash flow showed some volatility, the overall trend is upward, supporting the company's ability to finance its operations and growth initiatives.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	71.47B	73.85B	78.09B	79.75B	77.12B	55.43B
Gross Profit	17.23B	18.01B	17.28B	10.83B	14.76B	11.66B
EBITDA	5.23B	5.79B	5.86B	6.13B	4.40B	3.78B
Net Income	2.88B	3.47B	3.29B	3.36B	2.05B	1.58B
Balance Sheet
Total Assets	0.00	32.34B	29.22B	30.57B	31.15B	29.41B
Cash, Cash Equivalents and Short-Term Investments	2.96B	2.96B	449.90M	11.10M	4.30M	4.90M
Total Debt	0.00	163.00M	160.10M	4.18B	5.93B	7.32B
Total Liabilities	-24.65B	7.69B	7.55B	11.94B	15.67B	15.74B
Stockholders Equity	24.65B	24.65B	21.66B	18.64B	15.48B	13.67B
Cash Flow
Free Cash Flow	0.00	2.44B	4.78B	2.44B	2.27B	4.72B
Operating Cash Flow	0.00	3.95B	5.40B	2.80B	2.85B	5.40B
Investing Cash Flow	0.00	-3.29B	-514.60M	-331.80M	-536.20M	-658.80M
Financing Cash Flow	0.00	-803.40M	-4.54B	-2.46B	-2.31B	-4.75B

Surya Roshni Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 301.20
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:SURYAROSNI, the sentiment is Positive. The current price of 301.2 is above the 20-day moving average (MA) of 285.21, above the 50-day MA of 288.23, and above the 200-day MA of 285.33, indicating a bullish trend. The MACD of 3.12 indicates Negative momentum. The RSI at 58.77 is Neutral, neither overbought nor oversold. The STOCH value of 84.30 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:SURYAROSNI.

Surya Roshni Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SURYAROSNI	71 Outperform	₹65.99B	22.92	―	1.41%	-8.69%	-20.94%
ORIENTELEC	66 Neutral	₹45.68B	51.91	―	0.71%	6.63%	42.16%
Sector *	62 Neutral	$20.33B	14.63	-3.31%	3.23%	1.93%	-12.26%
EVEREADY	62 Neutral	₹27.12B	32.55	―	0.41%	7.37%	-39.19%
BOROLTD	58 Neutral	₹40.41B	49.03	―	―	5.16%	4.01%
BAJAJELEC	57 Neutral	₹58.16B	56.35	―	0.60%	0.80%	-4.31%