Loading...
SURYAROSNI logo

Surya Roshni LimitedNSEI:SURYAROSNI Stock Report

Market Cap ₹52.8b
Share Price
₹238.95
₹268
10.8% undervalued intrinsic discount
1Y-18.7%
7D-4.8%
Portfolio Value
View

Surya Roshni Limited

NSEI:SURYAROSNI Stock Report

Market Cap: ₹52.8b

Surya Roshni (SURYAROSNI) Stock Overview

Manufactures and sells steel pipes and strips, and lighting and consumer durables in India. More details

SURYAROSNI fundamental analysis
Snowflake Score
Valuation4/6
Future Growth4/6
Past Performance2/6
Financial Health6/6
Dividends6/6

SURYAROSNI Community Fair Values

Create Narrative

See what 17 others think this stock is worth. Follow their fair value or set your own to get alerts.

Surya Roshni Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for Surya Roshni
Historical stock prices
Current Share Price₹238.95
52 Week High₹359.00
52 Week Low₹187.35
Beta0.63
1 Month Change-0.23%
3 Month Change5.33%
1 Year Change-18.67%
3 Year Change20.08%
5 Year Change96.69%
Change since IPO1,209.32%

Recent News & Updates

Narrative Update Apr 25

SURYAROSNI: Steady Model Assumptions Support Bullish View Ahead Of 2025 Results

Analysts have kept their price target for Surya Roshni steady at ₹268, with only minor model tweaks to the discount rate, revenue growth assumptions, profit margin outlook, and future P/E supporting this unchanged view. What's in the News The board has scheduled a meeting for Feb 11, 2026 to consider and approve unaudited standalone financial results for the quarter and nine months ended Dec 31, 2025 (company filing).
Narrative Update Apr 11

SURYAROSNI: Upcoming Results Review Will Support Confident Long-Term Upside View

Analysts have maintained their price target for Surya Roshni at ₹268, with small adjustments in the discount rate and assumed future P/E that reflect updated views on the company’s risk profile and earnings outlook. What's in the News A board meeting is scheduled on Feb 11, 2026 to consider and approve the unaudited standalone and consolidated financial results for the quarter and nine months ended Dec 31, 2025 (company filing).

Recent updates

Narrative Update Apr 25

SURYAROSNI: Steady Model Assumptions Support Bullish View Ahead Of 2025 Results

Analysts have kept their price target for Surya Roshni steady at ₹268, with only minor model tweaks to the discount rate, revenue growth assumptions, profit margin outlook, and future P/E supporting this unchanged view. What's in the News The board has scheduled a meeting for Feb 11, 2026 to consider and approve unaudited standalone financial results for the quarter and nine months ended Dec 31, 2025 (company filing).
Narrative Update Apr 11

SURYAROSNI: Upcoming Results Review Will Support Confident Long-Term Upside View

Analysts have maintained their price target for Surya Roshni at ₹268, with small adjustments in the discount rate and assumed future P/E that reflect updated views on the company’s risk profile and earnings outlook. What's in the News A board meeting is scheduled on Feb 11, 2026 to consider and approve the unaudited standalone and consolidated financial results for the quarter and nine months ended Dec 31, 2025 (company filing).
Narrative Update Mar 27

SURYAROSNI: Board Review Of Unaudited Results Will Support Long-Term Upside

Analysts have kept the price target for Surya Roshni steady at ₹268, with only small tweaks to discount rate, revenue growth, profit margin and forward P/E assumptions behind this unchanged view. What's in the News A board meeting is scheduled on Feb 11, 2026 to consider and approve unaudited standalone financial results for the quarter and nine months ended Dec 31, 2025 (company filing).
Narrative Update Mar 13

SURYAROSNI: Steady Assumptions And Upcoming Results Meeting Will Support Long-Term Upside

Analysts have reaffirmed their ₹268 price target for Surya Roshni, citing largely unchanged assumptions around discount rate, revenue growth, profit margin and future P/E that together keep their valuation view intact. What's in the News The board has scheduled a meeting for Feb 11, 2026, to consider and approve the unaudited standalone and consolidated financial results for the quarter and nine months ended Dec 31, 2025 (company filing).
Narrative Update Feb 26

SURYAROSNI: New Pipe Order And Steady Assumptions Will Support Long-Term Upside

Analysts have kept their price target for Surya Roshni broadly steady at around ₹268, reflecting only marginal tweaks to inputs such as the discount rate, long term revenue growth, profit margin assumptions and the future P/E multiple. What's in the News A board meeting is scheduled on February 11, 2026, to consider and approve unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025 (company filing).
Narrative Update Feb 12

SURYAROSNI: Pipe Order Wins Will Support A Stronger Long-Term Outlook

Analysts have trimmed their fair value estimate for Surya Roshni from ₹312 to ₹268 as they now apply a higher discount rate, expect lower revenue growth and margins, and use a richer P/E assumption in their valuation work. What's in the News A board meeting is scheduled on February 11, 2026 to consider and approve unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025 (company filing).
Analysis Article Jan 22

Surya Roshni (NSE:SURYAROSNI) Has More To Do To Multiply In Value Going Forward

If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
Analysis Article Sep 12

It's Unlikely That Surya Roshni Limited's (NSE:SURYAROSNI) CEO Will See A Huge Pay Rise This Year

Key Insights Surya Roshni will host its Annual General Meeting on 18th of September Salary of ₹30.9m is part of CEO...
Analysis Article Aug 18

Surya Roshni's (NSE:SURYAROSNI) Shareholders Will Receive A Bigger Dividend Than Last Year

The board of Surya Roshni Limited ( NSE:SURYAROSNI ) has announced that it will be paying its dividend of ₹3.00 on the...
Analysis Article Jul 15

Does Surya Roshni (NSE:SURYAROSNI) Deserve A Spot On Your Watchlist?

The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
Analysis Article Apr 18

Surya Roshni Limited's (NSE:SURYAROSNI) Subdued P/E Might Signal An Opportunity

Surya Roshni Limited's ( NSE:SURYAROSNI ) price-to-earnings (or "P/E") ratio of 17.6x might make it look like a buy...
Analysis Article Mar 01

Calculating The Fair Value Of Surya Roshni Limited (NSE:SURYAROSNI)

Key Insights The projected fair value for Surya Roshni is ₹239 based on 2 Stage Free Cash Flow to Equity Surya Roshni's...
User avatar
New Narrative Feb 10

Lighting & Consumer Durables Focus And Steel Pipes Expansion Will Improve Future Profitability

Strategic innovation and international expansion drive revenue growth and enhance EBITDA margins in key segments.
Analysis Article Jan 14

Returns On Capital At Surya Roshni (NSE:SURYAROSNI) Have Hit The Brakes

If you're looking for a multi-bagger, there's a few things to keep an eye out for. Firstly, we'll want to see a proven...
Analysis Article Nov 15

Investors Don't See Light At End Of Surya Roshni Limited's (NSE:SURYAROSNI) Tunnel

With a price-to-earnings (or "P/E") ratio of 18.5x Surya Roshni Limited ( NSE:SURYAROSNI ) may be sending bullish...
Analysis Article Sep 17

These 4 Measures Indicate That Surya Roshni (NSE:SURYAROSNI) Is Using Debt Reasonably Well

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...
Analysis Article Jun 12

Surya Roshni (NSE:SURYAROSNI) Looks To Prolong Its Impressive Returns

If you're looking for a multi-bagger, there's a few things to keep an eye out for. In a perfect world, we'd like to see...
Analysis Article Apr 25

With EPS Growth And More, Surya Roshni (NSE:SURYAROSNI) Makes An Interesting Case

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Analysis Article Mar 15

Estimating The Fair Value Of Surya Roshni Limited (NSE:SURYAROSNI)

Key Insights Surya Roshni's estimated fair value is ₹478 based on 2 Stage Free Cash Flow to Equity Current share price...
Analysis Article Mar 02

Investors Should Be Encouraged By Surya Roshni's (NSE:SURYAROSNI) Returns On Capital

Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Firstly, we'll want...
Analysis Article Mar 02

Lacklustre Performance Is Driving Surya Roshni Limited's (NSE:SURYAROSNI) 26% Price Drop

Surya Roshni Limited ( NSE:SURYAROSNI ) shares have retraced a considerable 26% in the last month, reversing a fair...
Analysis Article Jan 03

Does Surya Roshni (NSE:SURYAROSNI) Deserve A Spot On Your Watchlist?

Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
Analysis Article Dec 19

Investors Aren't Buying Surya Roshni Limited's (NSE:SURYAROSNI) Earnings

When close to half the companies in India have price-to-earnings ratios (or "P/E's") above 30x, you may consider Surya...
Analysis Article Oct 31

We Think Surya Roshni (NSE:SURYAROSNI) Might Have The DNA Of A Multi-Bagger

Did you know there are some financial metrics that can provide clues of a potential multi-bagger? In a perfect world...
Analysis Article Sep 10

Here's Why We Think Surya Roshni (NSE:SURYAROSNI) Might Deserve Your Attention Today

It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
Analysis Article Aug 14

Surya Roshni's (NSE:SURYAROSNI) Dividend Will Be ₹4.00

Surya Roshni Limited's ( NSE:SURYAROSNI ) investors are due to receive a payment of ₹4.00 per share on 15th of October...
Analysis Article Jul 05

These 4 Measures Indicate That Surya Roshni (NSE:SURYAROSNI) Is Using Debt Safely

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article Nov 11

Surya Roshni (NSE:SURYAROSNI) Has Some Way To Go To Become A Multi-Bagger

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Analysis Article Sep 01

Surya Roshni (NSE:SURYAROSNI) Has Announced That It Will Be Increasing Its Dividend To ₹4.00

Surya Roshni Limited ( NSE:SURYAROSNI ) has announced that it will be increasing its dividend from last year's...

Shareholder Returns

SURYAROSNIIN Metals and MiningIN Market
7D-4.8%0.3%-2.8%
1Y-18.7%28.8%-1.2%

Return vs Industry: SURYAROSNI underperformed the Indian Metals and Mining industry which returned 28.8% over the past year.

Return vs Market: SURYAROSNI underperformed the Indian Market which returned -1.2% over the past year.

Price Volatility

Is SURYAROSNI's price volatile compared to industry and market?
SURYAROSNI volatility
SURYAROSNI Average Weekly Movement7.3%
Metals and Mining Industry Average Movement7.2%
Market Average Movement7.1%
10% most volatile stocks in IN Market10.1%
10% least volatile stocks in IN Market4.8%

Stable Share Price: SURYAROSNI has not had significant price volatility in the past 3 months compared to the Indian market.

Volatility Over Time: SURYAROSNI's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19733,328Vinay Suryawww.surya.co.in

Surya Roshni Limited manufactures and sells steel pipes and strips, and lighting and consumer durables in India. The company offers GI pipes for agriculture and irrigation, casing and tubing, water transportation/plumbing and pipelines, green houses, firefighting, street light poles, and solar panels; API/3LPE coated spiral pipes; CR strips; hollow section pipes; spiral welded pipes; cold rolled strips and sheets; and black pipes for construction, fabrication, fencing, railway platforms and metros, airports, powder coating, sign boards, industrial application, and scaffoldings. It also provides various LED lamps, downlighters, street lights, and battens and luminaires; LED lighting; value-added offerings, such as colour changers, lighting, auto-dimming, app-based lights, COB downlights, track spot lights, power tracks, LED strips, radar LED lamps, and wall washer LEDs; and indoor commercial, industrial, roadway, flood, landscape, façade, and solar lightening products, as well as accessories, HID lamps, and light sources.

Surya Roshni Limited Fundamentals Summary

How do Surya Roshni's earnings and revenue compare to its market cap?
SURYAROSNI fundamental statistics
Market cap₹52.84b
Earnings (TTM)₹3.18b
Revenue (TTM)₹75.23b
16.4x
P/E Ratio
0.7x
P/S Ratio

Is SURYAROSNI overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SURYAROSNI income statement (TTM)
Revenue₹75.23b
Cost of Revenue₹57.61b
Gross Profit₹17.62b
Other Expenses₹14.45b
Earnings₹3.18b

Last Reported Earnings

Dec 31, 2025

Next Earnings Date

May 25, 2026

Earnings per share (EPS)14.60
Gross Margin23.43%
Net Profit Margin4.22%
Debt/Equity Ratio4.9%

How did SURYAROSNI perform over the long term?

See historical performance and comparison

Dividends

2.3%
Current Dividend Yield
38%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/18 14:37
End of Day Share Price 2026/05/18 00:00
Earnings2025/12/31
Annual Earnings2025/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Surya Roshni Limited is covered by 3 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullIDBI Capital Markets & Securities Ltd.
Ajit SahuIDBI Capital Markets & Securities Ltd.
Rahul JainSystematix Shares & Stocks (I) Ltd.