Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of Suraj Products
Quarter-by-quarter operating performance
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 102.67 | 111.21 | 67.78 | 73.59 | 92.09 | 92.64 | 75.68 | 67.22 | 90.84 | 80.70 | 58.69 | 65.50 | 98.90 |
| Expenses + | 88.42 | 96.77 | 55.41 | 60.47 | 81.16 | 81.74 | 65.13 | 59.88 | 82.44 | 73.42 | 52.83 | 58.97 | 87.42 |
| Operating Profit | 14.25 | 14.44 | 12.37 | 13.12 | 10.93 | 10.90 | 10.55 | 7.34 | 8.40 | 7.28 | 5.86 | 6.53 | 11.48 |
| 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 + | 0.15 | 0.19 | 0.04 | 0.25 | 0.29 | 0.06 | 0.08 | 0.06 | 0.33 | 0.10 | 0.26 | 0.25 | 0.61 |
| Interest | 1.15 | 0.97 | 0.77 | 0.87 | 0.87 | 0.60 | 0.66 | 0.53 | 0.47 | 0.38 | 0.28 | 0.18 | 0.15 |
| Depreciation | 2.45 | 2.23 | 2.23 | 2.23 | 2.25 | 1.92 | 1.99 | 1.99 | 1.94 | 1.72 | 1.76 | 1.76 | 1.85 |
| Profit before tax | 10.80 | 11.43 | 9.41 | 10.27 | 8.10 | 8.44 | 7.98 | 4.88 | 6.32 | 5.28 | 4.08 | 4.84 | 10.09 |
| 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 + | 7.61 | 8.39 | 7.31 | 7.41 | 5.82 | 6.71 | 6.49 | 3.99 | 4.25 | 4.59 | 3.20 | 4.04 | 7.01 |
| EPS in Rs | 6.68 | 7.36 | 6.41 | 6.50 | 5.11 | 5.89 | 5.69 | 3.50 | 3.73 | 4.03 | 2.81 | 3.54 | 6.15 |
Financials of Suraj Products
Annual income statement trend
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 93 | 56 | 60 | 70 | 116 | 118 | 218 | 237 | 285 | 345 | 326 | 304 |
| Expenses + | 84 | 51 | 55 | 58 | 102 | 101 | 187 | 193 | 237 | 294 | 289 | 273 |
| Operating Profit | 9 | 5 | 5 | 12 | 14 | 17 | 31 | 44 | 48 | 51 | 37 | 31 |
| OPM % | 9% | 8% | 9% | 16% | 12% | 14% | 14% | 18% | 17% | 15% | 11% | 10% |
| Other Income + | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 |
| Interest | 2 | 2 | 3 | 5 | 4 | 6 | 7 | 4 | 4 | 3 | 2 | 1 |
| Depreciation | 3 | 2 | 2 | 4 | 4 | 7 | 9 | 9 | 9 | 9 | 8 | 7 |
| Profit before tax | 4 | 1 | 1 | 3 | 6 | 4 | 15 | 31 | 36 | 39 | 28 | 24 |
| Tax % | 33% | 28% | -8% | -7% | 1% | -42% | 37% | 24% | 27% | 26% | 22% | 22% |
| Net Profit + | 3 | 0 | 1 | 4 | 6 | 5 | 9 | 24 | 26 | 29 | 21 | 19 |
| EPS in Rs | 2.22 | 0.38 | 0.84 | 3.14 | 5.53 | 4.74 | 8.04 | 20.68 | 22.82 | 25.38 | 18.80 | 16.54 |
| Dividend Payout % | 32% | 0% | 0% | 0% | 0% | 0% | 0% | 5% | 7% | 8% | 11% | 0% |
Financials of Suraj Products
Capital structure and asset base
| 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 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 |
| Reserves | 18 | 18 | 19 | 22 | 29 | 34 | 43 | 67 | 92 | 119 | 138 | 155 |
| Borrowings + | 18 | 25 | 45 | 51 | 64 | 87 | 66 | 61 | 54 | 41 | 21 | 7 |
| Other Liabilities + | 6 | 4 | 4 | 4 | 7 | 17 | 9 | 5 | 15 | 14 | 12 | 14 |
| Total Liabilities | 53 | 59 | 79 | 89 | 111 | 149 | 130 | 145 | 172 | 186 | 183 | 187 |
| Fixed Assets + | 21 | 20 | 39 | 41 | 57 | 82 | 75 | 74 | 84 | 75 | 69 | 65 |
| CWIP | 0 | 0 | 0 | 6 | 13 | 0 | 0 | 0 | 0 | 1 | 3 | 1 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 15 |
| Other Assets + | 32 | 39 | 40 | 41 | 40 | 67 | 54 | 71 | 88 | 110 | 111 | 106 |
| Total Assets | 53 | 59 | 79 | 89 | 111 | 149 | 130 | 145 | 172 | 186 | 183 | 187 |
Financials of Suraj Products
Operating, investing and financing cash movement
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 22 | -4 | 7 | 8 | 20 | -0 | 33 | 13 | 33 | 31 | 30 | 40 |
| Cash from Investing Activity + | -2 | -1 | -21 | -12 | -28 | -16 | -2 | -7 | -19 | -1 | -5 | -30 |
| Cash from Financing Activity + | -19 | 4 | 17 | 1 | 8 | 16 | -28 | -9 | -13 | -18 | -24 | -18 |
| Net Cash Flow | 1 | -1 | 2 | -2 | 0 | -0 | 2 | -3 | 1 | 13 | 1 | -9 |
| Free Cash Flow | 20 | -5 | -14 | -4 | -7 | -17 | 31 | 6 | 14 | 30 | 26 | 39 |
| CFO/OP | 267% | -67% | 132% | 77% | 150% | 4% | 112% | 43% | 80% | 78% | 102% | 142% |
Financials of Suraj Products
Working capital efficiency and return ratios
| 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 | 20 | 24 | 21 | 15 | 8 | 19 | 12 | 10 | 15 | 8 | 16 | 13 |
| Inventory Days | 88 | 246 | 207 | 197 | 114 | 221 | 83 | 120 | 66 | 74 | 68 | 80 |
| Days Payable | 15 | 20 | 16 | 11 | 16 | 61 | 10 | 5 | 6 | 6 | 6 | 5 |
| Cash Conversion Cycle | 92 | 250 | 212 | 201 | 106 | 178 | 86 | 125 | 75 | 76 | 78 | 88 |
| Working Capital Days | 30 | 99 | 86 | 69 | 20 | 35 | 17 | 46 | 42 | 49 | 64 | 90 |
| ROCE % | 11% | 5% | 6% | 10% | 11% | 8% | 17% | 27% | 27% | 26% | 17% | 15% |
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