Suraj Products
Close ·
- P/E
- 13.60
Key Fundamentals
MicrocapIndustrial ProductsCapital GoodsPrice-based figures at the close · EPS basis: Standalone · TTM
- ROCE
- 14.70%
- Debt to Equity
- 0.04
- EPS (TTM)
- ₹18.40
- Book Value
- ₹145.56
- Market Cap
- —
- P/E (TTM)
- 13.60
- P/B
- 1.72
- ROE
- 12.00%
- Dividend Yield
- 0.92%
- EBITDA
- ₹32.20 Cr
- 52W High
- ₹376.50
- 52W Low
- ₹156.20
Tapetide Score
Data-driven rating, 0–100, as of . How it works →
Overall score
Data confidence 100/100
Category scores
- Quality
- 76
- Strong
- Returns, margins, earnings quality 22% weight
- Valuation
- 67
- Strong
- Cheap vs sector & own history 24% weight
- Growth
- 34
- Poor
- Sales & profit trajectory 9% weight
- Financial Health
- 91
- Strong
- Solvency, leverage, coverage 9% weight
- Momentum
- 76
- Strong
- Trend strength, vol-adjusted 12% weight
- Ownership
- 50
- Average
- FII/DII/promoter flows 24% weight
The Tapetide Score is data analysis, not investment advice. Tapetide is not a SEBI-registered research analyst or investment adviser.
Key Insights
Strengths
2- Company has reduced debt.
- Company is almost debt free.
Weaknesses
2- The company has delivered a poor sales growth of 6.89% over past five years.
- Dividend payout has been low at 10.9% of profits over last 3 years
Technical Indicators
| Group | Signal | Bearish | Neutral | Bullish |
|---|---|---|---|---|
| Overall | Bearish | 7 | 7 | 5 |
| Oscillators | Bearish | 2 | 7 | 0 |
| Moving Averages | Neutral | 5 | 0 | 5 |
Oscillators
Bearish
Overall
Bearish
Moving Averages
Neutral
Key readings
- RSI (14)
- 48.97
- Neutral
- MACD (12,26,9)
- 0.17
- Bearish
- SMA (50)
- 253.71
- Bearish
- SMA (200)
- 230.88
- Bullish
As of
Growth Rate
From the financial statements below. 10Y, 5Y, 3Y: compound annual growth to Mar 2026; 1Y: fiscal year to Mar 2026 against Mar 2025; TTM: four quarters to Jun 2026 against Jun 2025.
Revenue
| 10Y | +18.43% |
|---|---|
| 5Y | +6.88% |
| 3Y | +2.17% |
| 1Y | −6.75% |
| TTM | −1.16% |
Net profit
| 10Y | Zero base |
|---|---|
| 5Y | +16.12% |
| 3Y | −9.93% |
| 1Y | −9.52% |
| TTM | +8.59% |
Operating cash flow
| 10Y | Turned positive |
|---|---|
| 5Y | +3.92% |
| 3Y | +6.62% |
| 1Y | +33.33% |
| TTM | — |
TTM: Reported once a year, so there is no trailing-twelve-month figure.
Operating margin· change in pp
| 10Y | +1.27 pp |
|---|---|
| 5Y | −4.02 pp |
| 3Y | −6.64 pp |
| 1Y | −1.15 pp |
| TTM | +0.04 pp |
Revenue by year
| Mar 2017 | ₹60.00 Cr |
|---|---|
| Mar 2018 | ₹70.00 Cr |
| Mar 2019 | ₹116 Cr |
| Mar 2020 | ₹118 Cr |
| Mar 2021 | ₹218 Cr |
| Mar 2022 | ₹237 Cr |
| Mar 2023 | ₹285 Cr |
| Mar 2024 | ₹345 Cr |
| Mar 2025 | ₹326 Cr |
| Mar 2026 | ₹304 Cr |
Net profit by year
| Mar 2017 | ₹1.00 Cr |
|---|---|
| Mar 2018 | ₹4.00 Cr |
| Mar 2019 | ₹6.00 Cr |
| Mar 2020 | ₹5.00 Cr |
| Mar 2021 | ₹9.00 Cr |
| Mar 2022 | ₹24.00 Cr |
| Mar 2023 | ₹26.00 Cr |
| Mar 2024 | ₹29.00 Cr |
| Mar 2025 | ₹21.00 Cr |
| Mar 2026 | ₹19.00 Cr |
Quarterly Results
₹ Cr| Particulars | Jun 2023 | 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 | 111 | 67.78 | 73.59 | 92.09 | 92.64 | 75.68 | 67.22 | 90.84 | 80.7 | 58.69 | 65.5 | 98.9 | 87.7 |
| Expenses | 96.77 | 55.41 | 60.47 | 81.16 | 81.74 | 65.13 | 59.88 | 82.44 | 73.42 | 52.83 | 58.97 | 87.42 | 78.24 |
| Operating Profit | 14.44 | 12.37 | 13.12 | 10.93 | 10.9 | 10.55 | 7.34 | 8.4 | 7.28 | 5.86 | 6.53 | 11.48 | 9.46 |
| OPM % | 12.98% | 18.25% | 17.83% | 11.87% | 11.77% | 13.94% | 10.92% | 9.25% | 9.02% | 9.98% | 9.97% | 11.61% | 10.79% |
| Other Income | 0.19 | 0.04 | 0.25 | 0.29 | 0.06 | 0.08 | 0.06 | 0.33 | 0.1 | 0.26 | 0.25 | 0.61 | 0.58 |
| Interest | 0.97 | 0.77 | 0.87 | 0.87 | 0.6 | 0.66 | 0.53 | 0.47 | 0.38 | 0.28 | 0.18 | 0.15 | 0.12 |
| Depreciation | 2.23 | 2.23 | 2.23 | 2.25 | 1.92 | 1.99 | 1.99 | 1.94 | 1.72 | 1.76 | 1.76 | 1.85 | 1.58 |
| PBT | 11.43 | 9.41 | 10.27 | 8.1 | 8.44 | 7.98 | 4.88 | 6.32 | 5.28 | 4.08 | 4.84 | 10.09 | 8.34 |
| Tax % | 26.6% | 22.32% | 27.85% | 28.15% | 20.62% | 18.67% | 18.44% | 32.75% | 13.07% | 21.57% | 16.53% | 30.43% | 19.3% |
| Net Profit | 8.39 | 7.31 | 7.41 | 5.82 | 6.71 | 6.49 | 3.99 | 4.25 | 4.59 | 3.2 | 4.04 | 7.01 | 6.73 |
| EPS (₹) | 7.36 | 6.41 | 6.5 | 5.11 | 5.89 | 5.69 | 3.5 | 3.73 | 4.03 | 2.81 | 3.54 | 6.15 | 5.9 |
Profit & Loss
₹ Cr| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 93 | 56 | 60 | 70 | 116 | 118 | 218 | 237 | 285 | 345 | 326 | 304 | 311 |
| Expenses | 84 | 51 | 55 | 58 | 102 | 101 | 187 | 193 | 237 | 294 | 289 | 273 | 277 |
| Operating Profit | 9 | 5 | 5 | 12 | 14 | 17 | 31 | 44 | 48 | 51 | 37 | 31 | 33 |
| OPM % | 9% | 8% | 9% | 16% | 12% | 14% | 14% | 18% | 17% | 15% | 11% | 10% | 11% |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 2 |
| Interest | 2 | 2 | 3 | 5 | 4 | 6 | 7 | 4 | 4 | 3 | 2 | 1 | 1 |
| Depreciation | 3 | 2 | 2 | 4 | 4 | 7 | 9 | 9 | 9 | 9 | 8 | 7 | 7 |
| PBT | 4 | 1 | 1 | 3 | 6 | 4 | 15 | 31 | 36 | 39 | 28 | 24 | 27 |
| Tax % | 33% | 28% | −8% | −7% | 1% | −42% | 37% | 24% | 27% | 26% | 22% | 22% | — |
| Net Profit | 3 | 0 | 1 | 4 | 6 | 5 | 9 | 24 | 26 | 29 | 21 | 19 | 21 |
| EPS (₹) | 2.22 | 0.38 | 0.84 | 3.14 | 5.53 | 4.74 | 8.04 | 20.68 | 22.82 | 25.38 | 18.8 | 16.54 | 18.4 |
| Div. Payout % | 32% | 0% | 0% | 0% | 0% | 0% | 0% | 5% | 7% | 8% | 11% | 14% | — |
Balance Sheet
₹ Cr| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 |
| Reserves | 18 | 18 | 19 | 22 | 29 | 34 | 43 | 67 | 92 | 119 | 138 | 155 |
| Borrowings | 18 | 25 | 45 | 51 | 64 | 87 | 66 | 61 | 54 | 41 | 21 | 7 |
| Other Liabilities | 6 | 4 | 4 | 4 | 7 | 17 | 9 | 5 | 15 | 14 | 12 | 14 |
| Total Liabilities | 53 | 59 | 79 | 89 | 111 | 149 | 130 | 145 | 172 | 186 | 183 | 187 |
| Fixed Assets | 21 | 20 | 39 | 41 | 57 | 82 | 75 | 74 | 84 | 75 | 69 | 65 |
| CWIP | 0 | 0 | 0 | 6 | 13 | 0 | 0 | 0 | 0 | 1 | 3 | 1 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 15 |
| Other Assets | 32 | 39 | 40 | 41 | 40 | 67 | 54 | 71 | 88 | 110 | 111 | 106 |
| Total Assets | 53 | 59 | 79 | 89 | 111 | 149 | 130 | 145 | 172 | 186 | 183 | 187 |
Cash Flow
₹ Cr| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | 22 | −4 | 7 | 8 | 20 | 0 | 33 | 13 | 33 | 31 | 30 | 40 |
| Investing | −2 | −1 | −21 | −12 | −28 | −16 | −2 | −7 | −19 | −1 | −5 | −30 |
| Financing | −19 | 4 | 17 | 1 | 8 | 16 | −28 | −9 | −13 | −18 | −24 | −18 |
| Net Cash Flow | 1 | −1 | 2 | −2 | 0 | 0 | 2 | −3 | 1 | 13 | 1 | −9 |
| Free Cash Flow | 20 | −5 | −14 | −4 | −7 | −17 | 31 | 6 | 14 | 30 | 26 | 39 |
| CFO/EBITDA | 267 | −67 | 132 | 77 | 150 | 4 | 112 | 43 | 80 | 78 | 102 | 142 |
Ratios
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 20 | 24 | 21 | 15 | 8 | 19 | 12 | 10 | 15 | 8 | 16 | 13 |
| Inventory Days | 88 | 246 | 207 | 197 | 114 | 221 | 83 | 120 | 66 | 74 | 68 | 80 |
| Days Payable | 15 | 20 | 16 | 11 | 16 | 61 | 10 | 5 | 6 | 6 | 6 | 5 |
| Cash Conversion Cycle | 92 | 250 | 212 | 201 | 106 | 178 | 86 | 125 | 75 | 76 | 78 | 88 |
| Working Capital Days | 30 | 99 | 86 | 69 | 20 | 35 | 17 | 46 | 42 | 49 | 64 | 71 |
| ROCE % | 11% | 5% | 6% | 10% | 11% | 8% | 17% | 27% | 27% | 26% | 17% | 15% |
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
Log in to view Suraj Products insights
61 extracted metrics across FY11–FY27.
Documents
- 8 May 2026
- 31 Jan 2026
- 21 Apr 2025
- 29 Nov 2024
- 26 Feb 2024
- General announcements 8 Oct 2026
- General announcements 1 Oct 2026
Frequently Asked Questions about Suraj Products
What does Suraj Products Ltd do?
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Does Suraj Products Ltd pay dividends?
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Company Information
Incorporated in 1991, Suraj Product Ltd manufactures finished products from Iron Ore
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