Surya Roshni
- Market cap
- ₹ 4,244 Cr.
- P/E
- 13.7x
- P/B
- 1.66x
- 52-week range
- 187.35 – 314.5
- ROE
- 11%
- ROCE
- 16%
- Dividend yield
- 2.5%
- Debt / equity
- 0.03
- Sector
- Industrial Products
- Industry
- Iron & Steel Products
- Listed on
- NSE, BSE
About
Surya Roshni Limited is an India-based steel pipes and lighting company. The Company specializes in manufacturing a diverse array of products in the steel pipes and strips category. It is engaged in the manufacturing of galvanized iron (GI) pipes and exporting electric resistance welded pipes. These products cater to multiple industries, such as agriculture, infrastructure, oil and gas, water, and construction. The Company offers an extensive array of products, ranging from traditional lighting solutions to professional lighting systems. Its product portfolio includes light-emitting diode (LED) lamps, LED Down-lighters, LED streetlights, fluorescent tube lights (FTL), general lighting service (GLS) lamps, and high-intensity discharge (HID) lamps, among others. Its consumer durable business offers a variety of fans and home appliances, including mixer grinders, induction cooktops, toasters, irons, water heaters, and air coolers, among others. Its brands include Surya and Prakash Surya.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Iron & Steel Products: 148 companies →Surya Roshni 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)13.7 against a typical 18.6: cheaper than most peers (1st = cheapest).55th of 146
- Sales growth+27.5% against a typical +13.1% from a year earlier.35th of 117
- Profit growth+76.5% against a typical +26.2% from a year earlier.29th of 105
- Share price, 3 months−11.4% against a typical −3.1%.93rd of 135
- Size₹ 4,244.1 Cr. market value against a typical ₹ 156.5 Cr. (1st = largest).14th of 135
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
High safety
Rated AA by CARE- No warnings from the agency.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| ICRA | — | — | 20 Jul 2026 |
| CARE | CARE AA | Stable | 8 Jul 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 20 Jul 2026 | Reaffirmed | — | — | ICRA | ₹ 200 Cr. | |
| 8 Jul 2026 | Reaffirmed | CARE AA | — | CARE | ₹ 1,000 Cr. |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 11 Aug 2026 | Financial Results/Other business matters | To consider and approve the financial results for the period ended June 30, 2026 and other business matters |
| 25 May 2026 | Financial Results/Dividend | To consider and approve the audited financial results for the period ended March 31, 2026 and final dividend, if any |
| 11 Feb 2026 | Financial Results | To consider and approve the unaudited financial results for the period ended December 31, 2025 |
| 11 Nov 2025 | Financial Results/Dividend | To consider and approve the financial results for the period ended September 30, 2025 and dividend |
| 13 Aug 2025 | Financial Results/Other business matters | To consider and approve the financial results for the period ended Jun 30, 2025 and other business matters |
| 14 May 2025 | Financial Results/Dividend | To consider and approve the financial results for the period ended March 31, 2025 and dividend |
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 | 1,916 | 1,938 | 2,080 | 1,893 | 1,529 | 1,868 | 2,146 | 1,605 | 1,845 | 1,927 | 2,163 | 2,046 |
| Expenses | 1,778 | 1,783 | 1,915 | 1,742 | 1,453 | 1,718 | 1,943 | 1,535 | 1,727 | 1,783 | 2,009 | 1,934 |
| Operating Profit | 137 | 155 | 166 | 151 | 76 | 150 | 202 | 70 | 118 | 145 | 154 | 112 |
| OPM % | 7% | 8% | 8% | 8% | 5% | 8% | 9% | 4.3% | 6% | 8% | 7% | 5% |
| Other Income | 2 | 4 | 7 | 8 | 7 | 6 | 9 | 13 | 23 | 3 | 16 | 8 |
| Interest | 6 | 7 | 4 | 5 | 6 | 5 | 5 | 5 | 9 | 7 | 6 | 5 |
| Depreciation | 29 | 30 | 29 | 30 | 31 | 30 | 31 | 32 | 32 | 33 | 33 | 34 |
| Profit before tax | 104 | 121 | 139 | 123 | 46 | 121 | 175 | 46 | 100 | 107 | 131 | 81 |
| Tax % | 27% | 26% | 25% | 25% | 26% | 26% | 26% | 26% | 26% | 26% | 25% | 26% |
| Net Profit | 76 | 90 | 104 | 92 | 34 | 90 | 130 | 34 | 74 | 80 | 98 | 60 |
| EPS in Rs | 3.49 | 4.14 | 4.78 | 4.25 | 1.57 | 4.13 | 5.98 | 1.55 | 3.41 | 3.66 | 4.52 | 2.74 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- 10%
- 5 Years
- 6%
- 3 Years
- −2%
- TTM
- 12%
- 10 Years
- 15%
- 5 Years
- 12%
- 3 Years
- −6%
- TTM
- 8%
- 10 Years
- 18%
- 5 Years
- 11%
- 3 Years
- 2%
- TTM
- —
- 10 Years
- —
- 5 Years
- 15%
- 3 Years
- 14%
- 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.
| Surya Roshni | ₹ 208.65 | ₹ 4,244 Cr. | 13.7x | 1.7x | 11% | — |
| JSW Steel | ₹ 1,187.00 | ₹ 2,90,275 Cr. | 41.6x | 3x | — | 14.8% |
| Lloyds Metals And Energy | ₹ 1,780.40 | ₹ 1,00,195 Cr. | 27.8x | 7.6x | 36.2% | 22.4% |
| Jindal Steel | ₹ 1,012.00 | ₹ 1,04,634 Cr. | 25.9x | 2.1x | 6.9% | 6.3% |
| Jindal Stainless | ₹ 684.00 | ₹ 56,394 Cr. | 18.8x | 3.1x | 17.5% | 7.4% |
| Welspun Corp | ₹ 2,402.00 | ₹ 63,363 Cr. | 25.9x | 4.6x | 19.4% | 9.7% |
Management
- Jai Prakash Agarwal
- Executive Chairman of the Board
- Bharat Bhushan Singal
- Chief Financial Officer, Company Secretary
- Raju Bista
- Managing Director, Whole-time Director
- Vinay Surya
- Managing Director, Whole-time Director
- Kaustubh Narsinh Karmarkar
- Whole-time Director
- Puja Surya
- Additional Whole Time Director
Prices are delayed and for information only. Nothing on this page is investment advice.