Surya Roshni Limited share price

NSE: SURYAROSNI · ISIN INE335A01020

Key numbers

Market cap
₹ 4,950 Cr
Current price
₹ 227.45
52-week high / low
₹ 315 / 187
Stock P/E
15.7
Book value
₹ 120.8
Dividend yield
2.20%
ROCE
15.7%
ROE
11.2%
Debt to equity
0.03
Sales growth (3 yrs)
-2.0%
Profit growth (3 yrs)
-5.2%
1-year return
-21.7%

About Surya Roshni Limited

Surya Roshni Limited manufactures and sells steel pipes and strips, and lighting and consumer durables in India. The company offers GI pipes for agriculture and irrigation, casing and tubing, water transportation/plumbing and pipelines, green houses, firefighting, street light poles, and solar panels; API/3LPE coated spiral pipes for oil and gas, and water transportation, and city gas distribution; CR strips; hollow section pipes; spiral welded pipes; cold rolled strips and sheets; and black pipes for construction, fabrication, fencing, railway platforms and metros, airports, powder coating, sign boards, industrial application, and scaffoldings. It also provides various indoor commercial, retail lighting, industrial lighting, street lighting, flood lighting, facade lighting, landscape lighting, solar lighting, high mast lighting, and sensors; and consumer lighting products, including panels and LED downlighters, decorative lights, LED battens, LED lamps, street and flood lights, torches, extension boards, GLS, FTL fittings and ballast, and wires and cables. In addition, the company offers ceiling, designer, BLDC, pedestal, table, and exhaust fans; home appliances, including water…

Quarterly results

Consolidated figures in ₹ crores

Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales1,6051,8451,9272,1632,046
Operating profit70118145154112
Net profit3474809860
EPS (₹)1.553.413.664.512.74

Concall summary (2026-08-18)

AI summary of the earnings call transcript · tone: Positive · source document

Guidance & outlook

  • Our FY26 revenue target for the Wire business remains INR250 crore, on track with our 3-year guidance of INR500 crore.
  • Surya Roshni Limited August 11, 2026 We remain fully on track to deliver our FY27 guidance of about 22% to 23% value growth and about 25% of volume growth in lighting.

Growth & demand

  • Revenues for the quarter stood at INR1,590 crore, which is up by 32% year-on- year, with volume growth of around 21% year -on-year to 2.28 lakh tons, achieving its ever highest sales in Quarter 1.
  • Value -added products contribute 47% of overall volume, and export accounted for 20% of segment volumes.

Margins & costs

  • EBITDA for the quarter stood at INR36 crore, which is up by 17% year -on-year, with margins improving to 7.9% in Q1 FY2 7, even as we pass on an input cost increase of approximately about 7% during the quarter with minimal impact on profitability.
  • EBITDA for the quarter stood at about INR84 crore, up 63% year -on-year, with EBITDA per ton to INR4,006 against INR2,922 in Q1 of FY26.

Capex & expansion

  • The capacity utilization stood at approximately 82%.
  • And we will continue to add 2 lakh to 3 lakh ton of capacity every year, targeting overall capacity of about 16 lakh ton in FY2 7 and approximately 2 million ton of capacity by FY '28-'29.

Balance sheet & cash

  • We remain a zero-debt company with a net cash surplus of about INR155 crore as of June 30, 2026.
  • In Q1 FY27, our net working capital cycle was 72 days, with a return on capital employed of 12.69% and a return on equity of 8.95%.

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