Surya Roshni Limited (SURYAROSNI) AI Stock Analysis

• Market Cap: ₹68.87B
• Dividend Yield: 0.83%
• Average Volume (3M): 21.08K
• Price to Earnings (P/E): 19.8
• Beta (1Y): 1.22
• Revenue Growth: -4.78%
• EPS Growth: 4.76%
• Country: IN
• Employees: 3,247
• Sector: Consumer Goods
• Sector Strength: N/A
• Industry: Steel
• EPS (TTM): 5.10
• Shares Outstanding: 217,635,900
• 10 Day Avg. Volume: 17,353
• 30 Day Avg. Volume: 21,080
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• 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: ₹351.00
• Price Target Upside: 10.92% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 66 Neutral
• Price Target: ₹326.00 ▲(3.02% Upside)

Surya Roshni Limited's overall stock score is primarily driven by its strong financial performance, characterized by solid revenue growth and profitability. However, the bearish technical indicators and moderate valuation metrics slightly offset these strengths. The absence of earnings call data and corporate events means these factors did not influence the score.

Surya Roshni Limited Business Overview & Revenue Model

Company Description

Surya Roshni Limited is a leading Indian conglomerate engaged in the manufacturing and distribution of lighting products and steel pipes. Founded in 1973, the company operates in two primary sectors: lighting and steel. In the lighting sector, Surya Roshni offers a comprehensive range of products, including LED lights, fluorescent lamps, and other lighting fixtures, serving both domestic and international markets. In the steel sector, the company manufactures a variety of pipes and tubes used in infrastructure, construction, and industrial applications. With a commitment to innovation and quality, Surya Roshni has established a strong presence in India and has expanded its reach to over 50 countries worldwide.

How the Company Makes Money

Surya Roshni Limited generates revenue through its two main business segments: lighting and steel. In the lighting segment, the company makes money by manufacturing and selling a wide array of lighting products, such as LED lighting solutions, conventional lighting fixtures, and other related products. This is achieved through a robust distribution network that caters to both retail and institutional customers, including government projects and export markets. In the steel segment, Surya Roshni earns its revenue by producing and distributing a diverse range of steel pipes and tubes, which are utilized in various sectors including construction, agriculture, oil and gas, and water supply. The company's revenue is further bolstered by strategic partnerships and collaborations with other key players in the industry, as well as its focus on technological advancements and product innovation to meet evolving market demands.

Surya Roshni Limited Financial Statement Overview

Summary

Surya Roshni Limited demonstrates strong financial performance with consistent revenue growth, improving profitability, and robust cash flow management. The low debt-to-equity ratio and effective use of equity further bolster financial stability, though there is room for improvement in asset utilization.

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	Mar 2025	Mar 2023	Mar 2024	Mar 2022	Mar 2021
Income Statement
Total Revenue	74.36B	79.75B	78.09B	77.12B	55.43B
Gross Profit	18.01B	10.83B	17.28B	14.76B	11.66B
EBITDA	5.79B	6.20B	5.86B	4.40B	3.78B
Net Income	3.47B	3.36B	3.29B	2.05B	1.58B
Balance Sheet
Total Assets	32.34B	30.57B	29.22B	31.15B	29.41B
Cash, Cash Equivalents and Short-Term Investments	2.96B	446.80M	455.70M	4.30M	4.90M
Total Debt	163.00M	4.18B	160.10M	5.93B	7.32B
Total Liabilities	7.69B	11.94B	7.55B	15.67B	15.74B
Stockholders Equity	24.65B	18.64B	21.66B	15.48B	13.67B
Cash Flow
Free Cash Flow	2.44B	2.44B	4.78B	2.27B	4.72B
Operating Cash Flow	3.95B	2.80B	5.40B	2.85B	5.40B
Investing Cash Flow	-3.29B	-331.80M	-514.60M	-536.20M	-658.80M
Financing Cash Flow	-803.40M	-2.46B	-4.54B	-2.31B	-4.75B

Surya Roshni Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 316.45
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

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 316.45 is below the 20-day moving average (MA) of 328.37, below the 50-day MA of 333.96, and above the 200-day MA of 288.93, indicating a neutral trend. The MACD of -3.62 indicates Positive momentum. The RSI at 45.23 is Neutral, neither overbought nor oversold. The STOCH value of 19.92 is Positive, 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	66 Neutral	₹68.87B	19.84		0.83%	-4.78%	4.76%
BAJAJELEC	65 Neutral	₹66.32B	62.43		0.52%	1.15%	-13.12%
ORIENTELEC	63 Neutral	₹44.93B	52.01		0.71%	8.62%	23.56%
EVEREADY	62 Neutral	₹29.68B	35.63		0.37%	5.32%	16.91%
BOROLTD	58 Neutral	₹39.92B	53.64		―	0.46%	-3.14%
Sector *	57 Neutral	$3.22B	9.46	-34.32%	2.94%	-25.56%	-353.61%

Surya Roshni Limited Corporate Events

Surya Roshni Secures Rs. 75.40 Crore Order from Gujarat Gas

Surya Roshni Limited has secured a significant order worth Rs. 75.40 crore from Gujarat Gas Limited for the supply of 3LPE Coated ERW Steel Pipes. This contract, which is to be executed across multiple locations of Gujarat Gas Limited, highlights Surya Roshni’s strong positioning in the domestic market for steel pipes. The order is expected to be completed within 34 weeks, potentially enhancing the company’s revenue and reinforcing its reputation as a reliable supplier in the industry.