Suraj
Industrial Products
SURAJLTD NSE
₹196.65 −0.25 (−0.13%)
- P/E
- 40.38
Close 4 Nov 2026 ₹196.65 −84.65 −30.1% 1Y
Start ₹281.30
Key Fundamentals
MicrocapIndustrial ProductsCapital GoodsPrice-based figures as of · EPS basis: Standalone · TTM
- ROCE
- 7.10%
- Debt to Equity
- 0.44
- EPS (TTM)
- ₹4.87
- Book Value
- ₹78.75
- Market Cap
- —
- P/E (TTM)
- 40.38
- P/B
- 2.50
- ROE
- 4.92%
- Dividend Yield
- 0.76%
- EBITDA
- ₹22.20 Cr
- 52W High
- ₹308.99
- 52W Low
- ₹177.99
- Day Range
- ₹191.80 – ₹200.00
- Volume
- 915
Peer Comparison
Industrials › Industrial Products › Iron & Steel Products
| ₹2,400.00 | 27.41 | ₹60,980 Cr | 5.96 | 0.22% | 19.40% | 22.90% | ₹17,300 Cr | ₹2,319 Cr | |
| ₹2,199.80 | 49.69 | ₹60,246 Cr | 10.64 | 0.39% | 25.40% | 31.80% | ₹23,065 Cr | ₹1,229 Cr | |
| ₹1,231.40 | 30.60 | ₹34,478 Cr | 2.78 | 0.15% | 9.70% | 13.00% | ₹19,584 Cr | ₹1,121 Cr | |
| ₹2,449.40 | 39.67 | ₹17,025 Cr | 4.18 | 0.42% | 12.60% | 17.90% | ₹4,314 Cr | ₹514 Cr | |
| ₹253.22 | 29.51 | ₹15,754 Cr | 1.28 | 0.81% | 8.20% | 10.40% | ₹18,501 Cr | ₹498 Cr | |
| ₹486.00 | 29.21 | ₹14,245 Cr | 4.49 | 0.81% | 15.10% | 19.50% | ₹3,837 Cr | ₹508 Cr | |
| ₹529.15 | 29.28 | ₹12,939 Cr | 3.66 | 0.38% | 15.60% | 18.20% | ₹4,437 Cr | ₹436 Cr | |
| Suraj (this company) | ₹196.65 | 40.38 | ₹362 Cr | 2.50 | 0.76% | 4.92% | 7.10% | ₹195 Cr | ₹9 Cr |
| Median 8 companies | ₹880.28 | 30.06 | ₹16,390 Cr | 3.92 | 0.41% | 13.85% | 18.05% | ₹10,869 Cr | ₹511 Cr |
Comparable companies in the same industry. Market cap, P/E and P/B use the latest price; other metrics are as reported in filings. A dash means the figure is not published for that company.
Tapetide Score
Data-driven rating, 0–100, as of . How it works →
Overall score
46 Average
Data confidence 98/100
Category scores
- Quality
- 66
- Good
- Returns, margins, earnings quality 22% weight
- Valuation
- 35
- Poor
- Cheap vs sector & own history 24% weight
- Growth
- 17
- Poor
- Sales & profit trajectory 9% weight
- Financial Health
- 60
- Good
- Solvency, leverage, coverage 9% weight
- Momentum
- 34
- Poor
- 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
1- Company has been maintaining a healthy dividend payout of 24.9%
Weaknesses
4- Stock is trading at 2.72 times its book value
- The company has delivered a poor sales growth of 1.79% over past five years.
- Company has a low return on equity of 10.2% over last 3 years.
- Debtor days have increased from 51.4 to 65.1 days.
Technical Indicators
| Group | Signal | Bearish | Neutral | Bullish |
|---|---|---|---|---|
| Overall | Strong Bearish | 12 | 7 | 0 |
| Oscillators | Bearish | 2 | 7 | 0 |
| Moving Averages | Strong Bearish | 10 | 0 | 0 |
Oscillators
Bearish
Bearish
2
Neutral
7
Bullish
0
Overall
Strong Bearish
Bearish
12
Neutral
7
Bullish
0
Moving Averages
Strong Bearish
Bearish
10
Neutral
0
Bullish
0
Key readings
- RSI (14)
- 46.33
- Neutral
- MACD (12,26,9)
- 0.11
- Bearish
- SMA (50)
- 201.04
- Bearish
- SMA (200)
- 223.19
- Bearish
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 | +3.02% |
|---|---|
| 5Y | +1.85% |
| 3Y | −17.51% |
| 1Y | −11.97% |
| TTM | −15.18% |
Net profit
| 10Y | Zero base |
|---|---|
| 5Y | +47.58% |
| 3Y | −29.53% |
| 1Y | −41.67% |
| TTM | −1.10% |
Operating cash flow
| 10Y | +5.45% |
|---|---|
| 5Y | −12.42% |
| 3Y | −27.71% |
| 1Y | Turned positive |
| TTM | — |
TTM: Reported once a year, so there is no trailing-twelve-month figure.
Operating margin· change in pp
| 10Y | −3.34 pp |
|---|---|
| 5Y | +0.32 pp |
| 3Y | −1.77 pp |
| 1Y | −4.20 pp |
| TTM | −1.42 pp |
Revenue by year
| Mar 2017 | ₹196 Cr |
|---|---|
| Mar 2018 | ₹207 Cr |
| Mar 2019 | ₹179 Cr |
| Mar 2020 | ₹176 Cr |
| Mar 2021 | ₹188 Cr |
| Mar 2022 | ₹344 Cr |
| Mar 2023 | ₹367 Cr |
| Mar 2024 | ₹331 Cr |
| Mar 2025 | ₹234 Cr |
| Mar 2026 | ₹206 Cr |
Net profit by year
| Mar 2017 | ₹0.00 Cr |
|---|---|
| Mar 2018 | ₹0.00 Cr |
| Mar 2019 | ₹1.00 Cr |
| Mar 2020 | ₹1.00 Cr |
| Mar 2021 | ₹1.00 Cr |
| Mar 2022 | ₹3.00 Cr |
| Mar 2023 | ₹20.00 Cr |
| Mar 2024 | ₹21.00 Cr |
| Mar 2025 | ₹12.00 Cr |
| Mar 2026 | ₹7.00 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 | 76.49 | 84.92 | 93.09 | 76.17 | 54.74 | 56.64 | 63.61 | 58.75 | 50.34 | 50.19 | 61.88 | 43.43 | 39.03 |
| Expenses | 67.24 | 77.44 | 81.6 | 64.92 | 45.72 | 48.31 | 50.51 | 60.92 | 45.5 | 46.52 | 56.7 | 41.02 | 32.61 |
| Operating Profit | 9.25 | 7.48 | 11.49 | 11.25 | 9.02 | 8.33 | 13.1 | −2.17 | 4.84 | 3.67 | 5.18 | 2.41 | 6.42 |
| OPM % | 12.09% | 8.81% | 12.34% | 14.77% | 16.48% | 14.71% | 20.59% | −3.69% | 9.61% | 7.31% | 8.37% | 5.55% | 16.45% |
| Other Income | 0.37 | 0.98 | 0.73 | 1.37 | 0.49 | 1.56 | 0.52 | 1.66 | 1.37 | 1.23 | 0.64 | 2.83 | 0.89 |
| Interest | 0.66 | 0.85 | 0.78 | 1.38 | 0.73 | 0.8 | 1.18 | 2.02 | 1.21 | 0.83 | 1.13 | 1.2 | 1.14 |
| Depreciation | 2.16 | 2.24 | 2.4 | 2.58 | 2.7 | 2.55 | 2.77 | 2.88 | 2.83 | 2.88 | 2.74 | −1.16 | 1.39 |
| PBT | 6.8 | 5.37 | 9.04 | 8.66 | 6.08 | 6.54 | 9.67 | −5.41 | 2.17 | 1.19 | 1.95 | 5.2 | 4.78 |
| Tax % | 29.26% | 29.24% | 29.31% | 30.83% | 30.92% | 30.73% | 29.27% | −28.28% | 29.03% | 53.78% | 30.26% | 27.12% | 32.43% |
| Net Profit | 4.81 | 3.79 | 6.4 | 5.99 | 4.21 | 4.54 | 6.84 | −3.88 | 1.55 | 0.55 | 1.36 | 3.8 | 3.24 |
| EPS (₹) | 2.62 | 2.06 | 3.49 | 3.26 | 2.29 | 2.47 | 3.72 | −2.11 | 0.84 | 0.3 | 0.74 | 2.07 | 1.76 |
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 | 248 | 153 | 196 | 207 | 179 | 176 | 188 | 344 | 367 | 331 | 234 | 206 | 195 |
| Expenses | 224 | 136 | 180 | 190 | 162 | 159 | 175 | 331 | 332 | 291 | 205 | 190 | 177 |
| Operating Profit | 24 | 17 | 16 | 17 | 18 | 17 | 14 | 12 | 35 | 39 | 28 | 16 | 18 |
| OPM % | 10% | 11% | 8% | 8% | 10% | 10% | 7% | 3.6% | 10% | 12% | 12% | 8% | 9% |
| Other Income | 3 | 1 | 0 | 0 | 0 | 1 | 4 | 5 | 6 | 3 | 4 | 6 | 6 |
| Interest | 10 | 10 | 9 | 10 | 10 | 10 | 9 | 6 | 4 | 4 | 5 | 4 | 4 |
| Depreciation | 7 | 7 | 6 | 6 | 7 | 7 | 7 | 7 | 8 | 9 | 11 | 7 | 6 |
| PBT | 9 | 1 | 1 | 1 | 1 | 2 | 2 | 5 | 29 | 30 | 17 | 11 | 13 |
| Tax % | 26% | 25% | 38% | 60% | −48% | 38% | 29% | 35% | 30% | 31% | 31% | 31% | — |
| Net Profit | 7 | 0 | 0 | 0 | 1 | 1 | 1 | 3 | 20 | 21 | 12 | 7 | 9 |
| EPS (₹) | 3.58 | 0.2 | 0.22 | 0.2 | 0.73 | 0.5 | 0.71 | 1.56 | 10.96 | 11.25 | 6.38 | 3.95 | 4.87 |
| Div. Payout % | 42% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 13% | 24% | 38% | — |
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 | 19 | 19 | 19 | 19 | 19 | 19 | 19 | 19 | 18 | 18 | 18 | 18 |
| Reserves | 66 | 66 | 66 | 66 | 68 | 69 | 70 | 73 | 85 | 103 | 112 | 117 |
| Borrowings | 130 | 122 | 116 | 112 | 99 | 81 | 56 | 35 | 22 | 34 | 64 | 60 |
| Other Liabilities | 20 | 8 | 28 | 16 | 12 | 20 | 24 | 30 | 20 | 29 | 25 | 28 |
| Total Liabilities | 235 | 216 | 229 | 213 | 198 | 188 | 169 | 158 | 146 | 185 | 220 | 223 |
| Fixed Assets | 74 | 68 | 63 | 61 | 57 | 54 | 49 | 49 | 60 | 85 | 89 | 89 |
| CWIP | 0 | 0 | 3 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 13 | 13 | 13 |
| Other Assets | 160 | 147 | 164 | 152 | 141 | 134 | 119 | 109 | 86 | 87 | 118 | 122 |
| Total Assets | 235 | 216 | 229 | 213 | 198 | 188 | 169 | 158 | 146 | 185 | 220 | 223 |
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 | 1 | 10 | 16 | 14 | 26 | 30 | 33 | 33 | 45 | 41 | −9 | 17 |
| Investing | −6 | 5 | −2 | −1 | −2 | −4 | −2 | −7 | −19 | −47 | −14 | −6 |
| Financing | 2 | −14 | −13 | −14 | −23 | −28 | −34 | −26 | −26 | 6 | 23 | −11 |
| Net Cash Flow | −3 | 0 | 0 | −1 | 1 | −1 | −3 | 0 | 0 | 0 | 0 | 0 |
| Free Cash Flow | −1 | 8 | 16 | 13 | 24 | 27 | 30 | 26 | 26 | 7 | −23 | 11 |
| CFO/EBITDA | 17 | 75 | 101 | 93 | 153 | 181 | 243 | 278 | 151 | 136 | −20 | 106 |
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 | 40 | 78 | 79 | 74 | 62 | 45 | 48 | 30 | 33 | 38 | 51 | 65 |
| Inventory Days | 212 | 343 | 242 | 220 | 234 | 273 | 194 | 80 | 38 | 39 | 133 | 178 |
| Days Payable | 15 | 6 | 42 | 20 | 16 | 36 | 40 | 27 | 7 | 22 | 31 | 48 |
| Cash Conversion Cycle | 237 | 415 | 279 | 274 | 281 | 282 | 203 | 82 | 64 | 55 | 153 | 195 |
| Working Capital Days | 4 | 33 | 32 | 41 | 55 | 65 | 78 | 45 | 33 | 11 | 31 | 52 |
| ROCE % | 8% | 5% | 5% | 5% | 6% | 7% | 7% | 8% | 26% | 24% | 12% | 7% |
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
Log in to view Suraj insights
65 extracted metrics across FY08–FY27.
Documents
- 26 Jun 2023
- 26 May 2023
- 26 Sep 2022
- 31 May 2022
- 28 May 2021
- General announcements 7 Oct 2026
Frequently Asked Questions about Suraj
What does Suraj Ltd do?
Incorporated in 1994, Suraj Ltd manufactures tube and tube fittings of basic iron and steel
Where is Suraj Ltd (SURAJLTD) listed?
Suraj Ltd trades as SURAJLTD on the NSE and under code 531638 on the BSE.
Which sector does Suraj Ltd belong to?
Suraj Ltd is classified under the Industrial Products sector, in the Iron & Steel Products industry.
What is the PE ratio of Suraj Ltd?
Suraj Ltd trades at a PE ratio of 40.38 as of 4 Nov 2026, on earnings per share of ₹4.87, against a book value of ₹78.75 per share.
What is the 52-week high and low of Suraj Ltd?
Over the last 52 weeks Suraj Ltd has traded between ₹177.99 and ₹308.99 as of 4 Nov 2026.
Does Suraj Ltd pay dividends?
Suraj Ltd has a dividend yield of 0.76%.
What is the Return on Equity (ROE) of Suraj Ltd?
Suraj Ltd reported a return on equity of 4.92%. Its debt-to-equity ratio is 0.44.
Company Information
Incorporated in 1994, Suraj Ltd manufactures tube and tube fittings of basic iron and steel
Website surajgroup.com
CEO Mr. Ashokkumar Tarachand Shah
Employees 202
Listed 29 Aug 2024
Face Value ₹10
For AI agents and developers
Reading this as an AI agent, LLM or automated pipeline? Every page on Tapetide is also published as clean Markdown — no navigation, no scripts, just the data. Fetch https://tapetide.com/stocks/SURAJLTD.md for Suraj Ltd: dated key facts, then this page's sections in order: latest price, key fundamentals, peer comparison, the Tapetide Score, technical indicators, analyst ratings, growth rates, analyst forecasts, the AI analysis and news digest (labelled as AI-generated), financial statements, shareholding pattern, documents and the FAQ.
Append .md to any Tapetide URL for
the same treatment. A full index of what we publish is at /llms.txt and /llms-full.txt. For
live, structured queries instead of documents, use our Indian stock market MCP server.