Surya Roshni Limited (SURYAROSNI) AI Stock Analysis

• Market Cap: ₹45.68B
• Dividend Yield: 2.03%
• Average Volume (3M): 20.48K
• Price to Earnings (P/E): 18.8
• Beta (1Y): 1.15
• Revenue Growth: 0.31%
• EPS Growth: 1.98%
• Country: IN
• Employees: 3,247
• Sector: Consumer Defensive
• Sector Strength: 42
• Industry: Steel
• EPS (TTM): 5.30
• 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: ₹268.00
• Price Target Upside: -4.30% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 1
• EPS Forecast (FY): 26.5
• Revenue Forecast (FY): ₹100.08B

• Rating: 70 Outperform
• Price Target: ₹227.00 ▼(-18.94% Downside)
• Action: Upgraded Date: 03/14/26
• Date: Action: Upgraded 03/14/26

The score is driven primarily by solid financial performance (growth, improving profitability, and healthy cash flow) and supported by reasonable valuation with a meaningful dividend yield. These positives are partially offset by weak technicals, with the stock trading below major moving averages and a negative MACD indicating a prevailing downtrend.

Positive Factors

Improving Profitability

Consistent revenue growth with improving EBIT/EBITDA and net margins indicates durable operational improvement. Sustained margin expansion reflects better cost control and pricing power, which supports reinvestment, buffers commodity swings, and strengthens long-term earnings quality.

Negative Factors

Low Revenue Growth

Modest revenue growth (~2% reported) limits scale benefits and constrains long-run margin expansion in capital-intensive steel and lighting businesses. Over months, slow top-line momentum can cap reinvestment capacity and pressure the ability to improve returns.

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...

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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 primarily makes money by manufacturing and selling physical products across two major businesses: (1) Steel Pipes & Tubes and (2) Lighting. In the steel pipes segment, revenue is generated through the sale of ERW and galvanize...

Read more

Surya Roshni Limited primarily makes money by manufacturing and selling physical products across two major businesses: (1) Steel Pipes & Tubes and (2) Lighting. In the steel pipes segment, revenue is generated through the sale of ERW and galvanize...

Surya Roshni Limited Financial Statement Overview

Breakdown	TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	74.63B	73.85B	78.09B	79.75B	77.12B	55.43B
Gross Profit	17.84B	18.01B	17.28B	10.83B	14.76B	11.66B
EBITDA	5.81B	5.79B	5.86B	6.13B	4.40B	3.78B
Net Income	3.28B	3.47B	3.29B	3.36B	2.05B	1.58B
Balance Sheet
Total Assets	34.48B	32.34B	29.22B	30.57B	31.15B	29.41B
Cash, Cash Equivalents and Short-Term Investments	5.32B	2.96B	449.90M	11.10M	4.30M	4.90M
Total Debt	1.24B	163.00M	160.10M	4.18B	5.93B	7.32B
Total Liabilities	9.40B	7.69B	7.55B	11.94B	15.67B	15.74B
Stockholders Equity	25.08B	24.65B	21.66B	18.64B	15.48B	13.67B
Cash Flow
Free Cash Flow	1.86B	2.44B	4.78B	2.44B	2.27B	4.72B
Operating Cash Flow	2.47B	3.95B	5.40B	2.80B	2.85B	5.40B
Investing Cash Flow	-2.89B	-3.29B	-514.60M	-331.80M	-536.20M	-658.80M
Financing Cash Flow	238.20M	-803.40M	-4.54B	-2.46B	-2.31B	-4.75B

Surya Roshni Limited Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 280.05
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:SURYAROSNI, the sentiment is Neutral. The current price of 280.05 is above the 20-day moving average (MA) of 207.30, above the 50-day MA of 225.66, and above the 200-day MA of 275.25, indicating a neutral trend. The MACD of -6.22 indicates Negative momentum. The RSI at 52.54 is Neutral, neither overbought nor oversold. The STOCH value of 59.27 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral 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	70 Outperform	₹45.68B	18.80	―	2.03%	0.31%	1.98%
Sector *	62 Neutral	$20.33B	14.63	-3.31%	3.23%	1.93%	-12.26%
BOROLTD	61 Neutral	₹29.00B	35.15	―	―	15.59%	20.12%
ORIENTELEC	60 Neutral	₹34.38B	36.16	―	0.82%	6.63%	42.16%
BAJAJELEC	59 Neutral	₹40.80B	-40.37	―	0.62%	0.80%	-4.31%
EVEREADY	55 Neutral	₹20.57B	80.19	―	0.46%	7.37%	-39.19%