Arthneeti

Suraj Products Share Price & Earnings Call Analysis

₹245.35-2.00% today
Market cap
₹280 Cr
P/E
13.34
ROE
11.95%
PEG
-1.32
Price to sales
0.90
Debt to equity
0.04
52W high / low
₹377 / ₹164
Sales growth (5Y)
6.89%
EBITDA margin
10.72%
Net profit margin
6.20%
Promoter holding
73.70%
Sales (last year)
₹311 Cr

Incorporated in 1991, Suraj Product Ltd manufactures finished products from Iron Ore[1]

Potential multibaggers · Q2 FY27

Potential multibaggers in Industrial Products
on management's own guidance

  1. Strong growth
    2
  2. Strong growth
    1
  3. Strong growth
    3
See all potential multibaggersWhere does Suraj Products Ltd rank?

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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.

Peers

Industrial Products companies ranked on guidance

#CompanyRevenue guidedMargin guidedMarket capP/E
140%+Up 2%+₹448 Cr17.9
240%+Up 2%+₹413 Cr12.0
340%+Up 2%+₹324 Cr22.7
440%+Up 0–2%₹1,496 Cr32.8
540%+Up 0–2%₹1,079 Cr12.7
640%+Flat₹827 Cr21.4

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Pro shows every company guiding 40%+ revenue growth →Full Industrial Products ranking

Financials of Suraj Products Ltd

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Financials of Suraj Products Ltd

Quarterly Results

Quarter-by-quarter operating performance

Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Sales +102.67111.2167.7873.5992.0992.6475.6867.2290.8480.7058.6965.5098.90
Expenses +88.4296.7755.4160.4781.1681.7465.1359.8882.4473.4252.8358.9787.42
Operating Profit14.2514.4412.3713.1210.9310.9010.557.348.407.285.866.5311.48
OPM %13.88%12.98%18.25%17.83%11.87%11.77%13.94%10.92%9.25%9.02%9.98%9.97%11.61%
Other Income +0.150.190.040.250.290.060.080.060.330.100.260.250.61
Interest1.150.970.770.870.870.600.660.530.470.380.280.180.15
Depreciation2.452.232.232.232.251.921.991.991.941.721.761.761.85
Profit before tax10.8011.439.4110.278.108.447.984.886.325.284.084.8410.09
Tax %29.54%26.60%22.32%27.85%28.15%20.62%18.67%18.44%32.75%13.07%21.57%16.53%30.43%
Net Profit +7.618.397.317.415.826.716.493.994.254.593.204.047.01
EPS in Rs6.687.366.416.505.115.895.693.503.734.032.813.546.15

Financials of Suraj Products Ltd

Profit & Loss

Annual income statement trend

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Sales +93566070116118218237285345326304
Expenses +84515558102101187193237294289273
Operating Profit955121417314448513731
OPM %9%8%9%16%12%14%14%18%17%15%11%10%
Other Income +000000000111
Interest223546744321
Depreciation322447999987
Profit before tax411364153136392824
Tax %33%28%-8%-7%1%-42%37%24%27%26%22%22%
Net Profit +30146592426292119
EPS in Rs2.220.380.843.145.534.748.0420.6822.8225.3818.8016.54
Dividend Payout %32%0%0%0%0%0%0%5%7%8%11%0%

Financials of Suraj Products Ltd

Balance Sheet

Capital structure and asset base

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital111111111111111111111111
Reserves181819222934436792119138155
Borrowings +18254551648766615441217
Other Liabilities +64447179515141214
Total Liabilities53597989111149130145172186183187
Fixed Assets +212039415782757484756965
CWIP0006130000131
Investments0000000000015
Other Assets +323940414067547188110111106
Total Assets53597989111149130145172186183187

Financials of Suraj Products Ltd

Cash Flows

Operating, investing and financing cash movement

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity +22-47820-0331333313040
Cash from Investing Activity +-2-1-21-12-28-16-2-7-19-1-5-30
Cash from Financing Activity +-194171816-28-9-13-18-24-18
Net Cash Flow1-12-20-02-31131-9
Free Cash Flow20-5-14-4-7-1731614302639
CFO/OP267%-67%132%77%150%4%112%43%80%78%102%142%

Financials of Suraj Products Ltd

Ratios

Working capital efficiency and return ratios

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days2024211581912101581613
Inventory Days882462071971142218312066746880
Days Payable1520161116611056665
Cash Conversion Cycle922502122011061788612575767888
Working Capital Days309986692035174642496490
ROCE %11%5%6%10%11%8%17%27%27%26%17%15%

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