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SURY

Surya Roshni NSEI:SURYAROSNI Stock Report

Last Price

₹365.00

Market Cap

₹19.5b

7D

-1.1%

1Y

-34.2%

Updated

24 Jun, 2022

Data

Company Financials
SURYAROSNI fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance3/6
Financial Health6/6
Dividends3/6

SURYAROSNI Stock Overview

Surya Roshni Limited manufactures and markets steel pipes and tubes, lighting products, fans, home appliances, and PVC pipes in India.

Surya Roshni Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for Surya Roshni
Historical stock prices
Current Share Price₹365.00
52 Week High₹867.40
52 Week Low₹345.15
Beta1.66
1 Month Change-9.44%
3 Month Change-14.82%
1 Year Change-34.16%
3 Year Change59.42%
5 Year Change29.27%
Change since IPO400.00%

Recent News & Updates

Shareholder Returns

SURYAROSNIIN Metals and MiningIN Market
7D-1.1%-4.1%2.3%
1Y-34.2%-19.7%-0.9%

Return vs Industry: SURYAROSNI underperformed the Indian Metals and Mining industry which returned -18.7% over the past year.

Return vs Market: SURYAROSNI underperformed the Indian Market which returned -1.7% over the past year.

Price Volatility

Is SURYAROSNI's price volatile compared to industry and market?
SURYAROSNI volatility
SURYAROSNI Average Weekly Movement6.9%
Metals and Mining Industry Average Movement7.7%
Market Average Movement6.9%
10% most volatile stocks in IN Market9.9%
10% least volatile stocks in IN Market4.5%

Stable Share Price: SURYAROSNI is not significantly more volatile than the rest of Indian stocks over the past 3 months, typically moving +/- 7% a week.

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

About the Company

FoundedEmployeesCEOWebsite
19733,407Vinay Suryahttps://www.surya.co.in

Surya Roshni Limited manufactures and markets steel pipes and tubes, lighting products, fans, home appliances, and PVC pipes in India. The company operates through Steel Pipe and Strips; and Lighting and Consumer Durables segments. It offers ERW steel pipes for agriculture, water transportation, fire-fighting, irrigation, greenhouse, and casing and tubing in bore wells, as well as construction activities, such as scaffolding; hollow section pipes; spiral welded pipes; and cold rolled strips and sheets.

Surya Roshni Fundamentals Summary

How do Surya Roshni's earnings and revenue compare to its market cap?
SURYAROSNI fundamental statistics
Market Cap₹19.47b
Earnings (TTM)₹2.05b
Revenue (TTM)₹77.31b

9.5x

P/E Ratio

0.3x

P/S Ratio

Is SURYAROSNI overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
SURYAROSNI income statement (TTM)
Revenue₹77.31b
Cost of Revenue₹61.90b
Gross Profit₹15.41b
Other Expenses₹13.36b
Earnings₹2.05b

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)38.42
Gross Margin19.93%
Net Profit Margin2.65%
Debt/Equity Ratio37.5%

How did SURYAROSNI perform over the long term?

See historical performance and comparison

Dividends

1.1%

Current Dividend Yield

10%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is SURYAROSNI undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for SURYAROSNI?

Other financial metrics that can be useful for relative valuation.

SURYAROSNI key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue0.3x
Enterprise Value/EBITDA5.7x
PEG Ration/a

Price to Earnings Ratio vs Peers

How does SURYAROSNI's PE Ratio compare to its peers?

SURYAROSNI PE Ratio vs Peers
The above table shows the PE ratio for SURYAROSNI vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average45x

Price-To-Earnings vs Peers: SURYAROSNI is good value based on its Price-To-Earnings Ratio (9.5x) compared to the peer average (45x).


Price to Earnings Ratio vs Industry

How does SURYAROSNI's PE Ratio compare vs other companies in the Indian Metals and Mining Industry?

Price-To-Earnings vs Industry: SURYAROSNI is good value based on its Price-To-Earnings Ratio (9.5x) compared to the Indian Metals and Mining industry average (11.8x)


Price to Earnings Ratio vs Fair Ratio

What is SURYAROSNI's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

SURYAROSNI PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio9.5x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate SURYAROSNI's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of SURYAROSNI when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: SURYAROSNI (₹365) is trading below our estimate of fair value (₹481)

Significantly Below Fair Value: SURYAROSNI is trading below fair value by more than 20%.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate SURYAROSNI's PEG Ratio to determine if it is good value.


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Future Growth

How is Surya Roshni forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


-13.1%

Forecasted Materials industry annual growth in earnings

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Surya Roshni has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


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  • Examine whether Surya Roshni is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
  • Surya Roshni competitive advantages and company strategy can generally be found in its financial reports archived here.

Past Performance

How has Surya Roshni performed over the past 5 years?

Past Performance Score

3/6

Past Performance Score 3/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


16.9%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: SURYAROSNI has high quality earnings.

Growing Profit Margin: SURYAROSNI's current net profit margins (2.7%) are lower than last year (2.8%).


Past Earnings Growth Analysis

Earnings Trend: SURYAROSNI's earnings have grown by 16.9% per year over the past 5 years.

Accelerating Growth: SURYAROSNI's earnings growth over the past year (29.4%) exceeds its 5-year average (16.9% per year).

Earnings vs Industry: SURYAROSNI earnings growth over the past year (29.4%) underperformed the Metals and Mining industry 76.9%.


Return on Equity

High ROE: SURYAROSNI's Return on Equity (13.2%) is considered low.


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Financial Health

How is Surya Roshni's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: SURYAROSNI's short term assets (₹20.7B) exceed its short term liabilities (₹13.7B).

Long Term Liabilities: SURYAROSNI's short term assets (₹20.7B) exceed its long term liabilities (₹2.0B).


Debt to Equity History and Analysis

Debt Level: SURYAROSNI's net debt to equity ratio (37.4%) is considered satisfactory.

Reducing Debt: SURYAROSNI's debt to equity ratio has reduced from 115.5% to 37.5% over the past 5 years.

Debt Coverage: SURYAROSNI's debt is well covered by operating cash flow (49.1%).

Interest Coverage: SURYAROSNI's interest payments on its debt are well covered by EBIT (5.3x coverage).


Balance Sheet


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Dividend

What is Surya Roshni current dividend yield, its reliability and sustainability?

Dividend Score

2/6

Dividend Score 2/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


1.10%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: SURYAROSNI's dividend (1.1%) is higher than the bottom 25% of dividend payers in the Indian market (0.44%).

High Dividend: SURYAROSNI's dividend (1.1%) is low compared to the top 25% of dividend payers in the Indian market (1.9%).


Stability and Growth of Payments

Stable Dividend: SURYAROSNI has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: SURYAROSNI's dividend payments have increased, but the company has only paid a dividend for 9 years.


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (10.4%), SURYAROSNI's dividend payments are thoroughly covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (9.4%), SURYAROSNI's dividend payments are thoroughly covered by cash flows.


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Management

How experienced are the management team and are they aligned to shareholders interests?

0.7yrs

Average management tenure


CEO

Vinay Surya (48 yo)

0.67

Tenure

₹18,010,000

Compensation

Mr. Vinay Kumar Surya serves as an Additional Whole-Time Director of Surya Roshni Limited since May 18, 2018. Mr. Surya serves as Managing Director at Surya Roshni Limited since October 26, 2021. Mr. Surya...


CEO Compensation Analysis

Compensation vs Market: Vinay's total compensation ($USD230.41K) is about average for companies of similar size in the Indian market ($USD202.54K).

Compensation vs Earnings: Vinay's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: SURYAROSNI's management team is not considered experienced ( 0.7 years average tenure), which suggests a new team.


Board Members

Experienced Board: SURYAROSNI's board of directors are considered experienced (5.5 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Surya Roshni Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Surya Roshni Limited
  • Ticker: SURYAROSNI
  • Exchange: NSEI
  • Founded: 1973
  • Industry: Steel
  • Sector: Materials
  • Implied Market Cap: ₹19.465b
  • Shares outstanding: 53.33m
  • Website: https://www.surya.co.in

Number of Employees


Location

  • Surya Roshni Limited
  • Padma Tower - 1
  • 2nd Floor
  • New Delhi
  • Delhi
  • 110008
  • India

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/24 00:00
End of Day Share Price2022/06/24 00:00
Earnings2022/03/31
Annual Earnings2022/03/31


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 here.