Suraj Estate Developers
- Market cap
- ₹ 827 Cr.
- P/E
- 8.9x
- P/B
- 0.86x
- 52-week range
- 165 – 319
- ROE
- 10%
- ROCE
- 15%
- Dividend yield
- 0%
- Debt / equity
- 0.65
- Sector
- Realty
- Industry
- Residential, Commercial Projects
- Listed on
- NSE, BSE
About
Suraj Estate Developers Limited is an India-based company that is involved in real estate construction. The Company is primarily engaged in the business of real estate development in India, which includes the development and sale of residential and commercial premises. It is primarily focused on the value luxury, luxury segments, and commercial segments. Value Luxury Segment includes construction and development (C&D) of high quality 1 bedroom, hall, and kitchen (BHK) flats and compact 2 BHK flats. Luxury segments include C&D of high quality 2 BHK flats, 3 BHK flats and 4 BHK flats, catering to ultra-high net worth and high net worth individual buyers in the South-Central Mumbai region. Commercial segment includes the C&D for commercial offices on a built-to-suit model for select clientele and boutique offices. Its completed projects include Tranquil Bay, Mangirish, Lumiere, Elizabeth, Vinayak Darshan, Bobby, Eternity, Gloriosa, Godavari Sadan, and Jacob Apartments, among others.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Residential, Commercial Projects: 174 companies →Suraj Estate Developers against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)8.9 against a typical 23.3: cheaper than most peers (1st = cheapest).34th of 173
- Sales growth+9.8% against a typical +6.6% from a year earlier.60th of 134
- Profit growth+9.5% against a typical +2.9% from a year earlier.50th of 108
- Share price, 3 months−8.9% against a typical −9.9%.70th of 147
- Size₹ 827.5 Cr. market value against a typical ₹ 129.6 Cr. (1st = largest).47th of 163
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 31 Oct 2026Upcoming | Financial Results | To consider and approve the financial results for the period ended September 30, 2026 |
| 10 Aug 2026 | Fund Raising | To consider raising of funds by way of private placement of Senior, secured, Unrated, Unlisted, redeemable, taxable, non-convertible debentures Secured, Redeemable, Non-Convertible Debentures (NCDs) having a face value of INR 10,00,000 (Indian Rupees Ten Lakh Only) each, for an aggregate amount of up to INR 165,00,00,000 (Indian Rupees One Hundred Sixty-Five Crores Only) in one or more tranches, subject to such approvals as may be required under applicable laws. |
| 30 May 2026 | Financial Results | To consider and approve the financial results for the period ended March 31, 2026 |
| 20 Feb 2026 | Fund Raising/Other business matters | To consider Fund Raising by Issuance of Securities |
| 28 Jan 2026 | Financial Results/Other business matters | To consider and approve the financial results for the period ended December 31, 2025 and other business matters |
| 27 Oct 2025 | Financial Results/Other business matters | To consider and approve the financial results for the period ended September 30, 2025 and other business matters |
| 3 Sep 2025 | Fund Raising | To consider fundraising, inter alia, enabling resolution for raising funds by way of issuance of equity shares or any other equity-linked or convertible securities or warrants through all or any permissible mode or method, including private placement, preferential issue, rights issue, Qualified Institution Placement (QIP) or such other modes as may be permitted under applicable law, subject to necessary regulatory/statutory approvals and, if applicable, the approval of shareholders of the Company, and to approve ancillary actions in this regard. |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 103 | 106 | 100 | 134 | 109 | 170 | 136 | 132 | 145 | 180 | 99 | 145 |
| Expenses | 40 | 36 | 47 | 70 | 46 | 124 | 106 | 83 | 80 | 126 | 49 | 91 |
| Operating Profit | 63 | 70 | 53 | 63 | 63 | 46 | 30 | 50 | 65 | 54 | 50 | 53 |
| OPM % | 61% | 66% | 53% | 47% | 58% | 27% | 22% | 37% | 45% | 30% | 50% | 37% |
| Other Income | 0 | 0 | 3 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 2 | 2 |
| Interest | 40 | 47 | 25 | 22 | 19 | 20 | 4 | 21 | 20 | 20 | 32 | 22 |
| Depreciation | 1 | 1 | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Profit before tax | 23 | 22 | 30 | 40 | 44 | 26 | 26 | 28 | 44 | 34 | 19 | 31 |
| Tax % | 26% | 25% | 34% | 25% | 27% | 23% | 30% | 25% | 25% | 26% | 43% | 27% |
| Net Profit | 17 | 17 | 19 | 30 | 32 | 20 | 18 | 21 | 33 | 25 | 11 | 23 |
| EPS in Rs | 5.1 | 3.74 | 4.34 | 6.79 | 7.18 | 4.18 | 3.83 | 4.45 | 6.93 | 5.26 | 2.25 | 4.78 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- —
- 5 Years
- 18%
- 3 Years
- 22%
- TTM
- 4%
- 10 Years
- —
- 5 Years
- 70%
- 3 Years
- 41%
- TTM
- 0%
- 10 Years
- —
- 5 Years
- —
- 3 Years
- —
- TTM
- —
- 10 Years
- —
- 5 Years
- 15%
- 3 Years
- 13%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Suraj Estate Developers | ₹ 178.00 | ₹ 827 Cr. | 8.9x | 0.9x | 10% | — |
| DLF | ₹ 653.55 | ₹ 1,61,774 Cr. | 39x | 3.6x | 10% | 32% |
| Lodha Developers | ₹ 963.00 | ₹ 1,01,441 Cr. | 33.7x | 5.1x | 15.8% | 20.6% |
| Indus Towers | ₹ 380.00 | ₹ 1,00,250 Cr. | 14.9x | 2.7x | 19.8% | 22% |
| Oberoi Realty | ₹ 1,587.20 | ₹ 57,846 Cr. | 27.3x | 3.8x | — | 41.6% |
| Godrej Properties | ₹ 1,497.90 | ₹ 45,121 Cr. | 166x | 3.3x | 10.2% | 35.9% |
Management
- Rajan Meenathakonil Thomas
- Executive Chairman of the Board, Managing Director
- Shreepal Suresh Shah
- Chief Financial Officer
- Mukesh Kumar Gupta
- Compliance Officer, Company Secretary
- Rahul Rajan Jesu Thomas
- Whole-Time Director
Prices are delayed and for information only. Nothing on this page is investment advice.