Surana Solar

₹23.41As of Sun 8 Nov 2026, 12:00 UTC

NSE:SURANASOLTechnology

Country India

PE (Fwd) 83.79

TSR 10Y CAGR (0.33%)

Div yield —

ROE —

Solar

Beta (5Y) 0.95

PE TTM 92.92

TSR TTM (26.06%)

Mkt cap ₹1.146B

ROIC —

SE Grade™

—

Value

Quality

Moat

—

1Y Price

Reference

₹27

13.55%

(97.24%)

Price above Reference Value

FY23

FY24

FY25

FY26

Earnings per share₹

0.46

(0.26)

0.01

0.25

170.59%

(156.52%)

103.85%

2400.00%

Revenue₹M

421.8

177.1

388.0

208.3

69.88%

(58.03%)

119.13%

(46.30%)

TTM

FYE 31 Mar INR

FY2017

FY2018

FY2019

FY2020

FY2021

FY2022

FY2023

FY2024

FY2025

FY2026

FY2027E

Trend

10Y

Peers

208.3

Revenue₹M

—

248.3

421.8

177.1

388.0

208.3

217.5

(4.29%)

(46.30)

Revenue growth%

—

69.88

(58.03)

119.13

(46.30)

4.39

11.79

—

9.44

Gross margin%

—

26.55

14.07

29.08

9.96

9.44

9.05

14.07

(23.14)

Operating margin%

—

3.55

(2.72)

1.93

(2.26)

(23.14)

(23.34)

(2.26)

5.95

Net margin%

—

3.41

5.42

(7.11)

0.15

5.95

6.01

3.41

100

92.92

P/E ratio (avg)x

—

117.0

48.48

—

3,834

125.6

88.08

121.3

—

EV/EBITx

—

112.4

—

430.5

—

271.4

—

FCF yield (avg)%

—

FCF margin%

—

FCF / Net incomex

—

ROIC%

—

Return on equity%

—

100

—

Return on assets%

—

0.25

EPS₹

—

0.17

0.46

(0.26)

0.01

0.25

0.27

10.03%

—

2019.15

EPS growth%

—

170.15

(155.10)

104.65

2019.15

5.49

137.40

—

Bookvalue per sh₹

—

FCF per share₹

—

Dividend per sh₹

—

Div yield (avg)%

—

Payout ratio%

—

49.21

Shares (diluted)M

—

49.21

◌49.21

—

Buyback yield%

—

◌—

—

D/E ratiox

—

100

1.152

Enterprise value₹B

—

0.990

1.108

1.467

2.243

1.557

1.152

12.00%

—

LT debt₹M

—

Peers (US$12.14M)

Cap (US$)

Indosolar Limited

92.83M

6.920x

Solex Energy Limited

73.62M

8.661x

Urja Global Limited

48.16M

279.5x

Zeo Energy Corp.

12.14M

—

Capital

TTM

10Y

Leveragex

—

EBIT/Intx

(57.33)

(12.86)

Own earn%

—

Sh yield%

—

Owners

Insiders/Inst%

6.94

—

Short interest%

—

SBC / revenue%

—

Record

10Y

Profitable years

4/5

Revenue growth years

2/4

EPS growth years

3/4

Dividend streakyrs

Op margin range%

−23–4

$1 testx

—

Incr. ROIC%

—

Surana Solar Limited manufactures and sells solar panels and solar photovoltaic (PV) modules under the Surana Solar brand in India and internationally. It operates through Renewable Energy and Solar Products segments. The company engages in generation of wind and solar power energy; trading of other solar related products; and infrastructure leasing activities.

Growth vs revenue

Latest

Trend

4Y CAGR

Rel growth

Revenue

₹208.3M

(4.29%)

1.00×

Cost of revenue

₹188.7M

0.85%

1.23×

Operating expenses

₹67.88M

4.41%

1.42×

Revenue by region

No breakdown available

Reinvestment returns

No breakdown available