| ₹ crore | Q2 FY27 | Q2 FY26 | Change |
|---|---|---|---|
| Revenue | 55.6 | 50.2 | +10.8% |
| EBITDA | 6.9 | 3.7 | +88.7% |
| EBITDA margin | 12.5% | 7.3% | +5.2 pts |
| Profit before tax | 4.2 | 1.2 | +251.8% |
| Net profit | 3.3 | 0.8 | +291.6% |
| EPS | ₹1.77 | ₹0.45 | +293.3% |
Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.
| Tap a line for its trend | Currentlast 12M | FY26Mar 2026 | FY25Mar 2025 |
|---|
| 390 | — | — | |
| 0.1 | 0.1 | 0.2 | |
| 60.3 | 60.3 | 64.1 | |
| 450 | — | — | |
| 200 | 206 | 234 | |
| — | −11.9% | — | |
| 21.0 | 16.1 | 28.3 | |
| 10.5% | 7.8% | 12.1% | |
| 15.9 | 8.8 | 17.4 | |
| 10.7 | 7.5 | 13.3 | |
| 5.4% | 3.6% | 5.7% | |
| ₹5.85 | ₹4.07 | ₹7.24 | |
| — | −43.9% | — | |
| — | 17.3 | −9.0 | |
| — | −9.5 | −16.5 | |
| 7.8 | 7.8 | −25.5 | |
From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.
In ₹ Crore except Per Share 12 Months Ending | FY25 31/03/2025 | FY26 31/03/2026 | Current/LTM TTM · last close | |
|---|---|---|---|---|
| Market Capitalization | — | — | 390.1 | |
| - Cash, Equiv & ST Investments | 0.2 | 0.1 | 0.1 | |
| + Total Debt | 64.1 | 60.3 | 60.3 | |
| Enterprise Value | — | — | 450.3 | |
| Revenue | 233.7 | 205.9 | 200.0 | |
| Growth %, YoY | — | -11.9 | — | |
| EBITDA | 28.3 | 16.1 | 21.0 | |
| Margin % | 12.10 | 7.83 | 10.48 | |
| EBIT | 17.4 | 8.8 | 15.9 | |
| Net Income | 13.3 | 7.5 | 10.7 | |
| Margin % | 5.69 | 3.63 | 5.37 | |
| EPS, Adj (current shares) | 7.24 | 4.07 | 5.85 | |
| Growth %, YoY | — | -43.9 | — | |
| Cash from Operations | -9.0 | 17.3 | — | |
| Capital Expenditures | -16.5 | -9.5 | — | |
| Free Cash Flow | -25.5 | 7.8 | 7.8 | |
Prices at the previous close · figures from the company's filings with NSE
Suraj (NSE: SURAJLTD) had a market capitalisation of ₹390 crore at the previous close (₹212.44 a share), a PE ratio of 36.3 on the last four quarters' profit and a price-to-book ratio of 2.70. In FY26 its consolidated net profit was ₹7.5 crore on revenue of ₹206 crore; in Q2 FY27 (July–September 2026) it was ₹3.3 crore, up 291.6% year on year. Its debt-to-equity ratio was 0.49 on 30 September 2026. Promoters held 75.00% of the shares on 30 September 2026.
Suraj's PE ratio is 36.3 at the previous close (₹212.44 a share): a market capitalisation of ₹390 crore divided by consolidated net profit of ₹10.7 crore over the last four quarters (Q3 FY26 to Q2 FY27). On FY26 net profit (₹7.5 crore) it is 52.2.
Suraj's net worth — shareholders' equity in its consolidated balance sheet — was ₹145 crore on 30 September 2026, up 5.9% from ₹137 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹390 crore at the previous close.
Suraj's book value per share was ₹78.75 on 30 September 2026: shareholders' equity of ₹145 crore divided by the 1.84 crore shares in issue, up 5.9% from ₹74.37 a year earlier. The share price at the previous close was ₹212.44.
Suraj's price-to-book (PB) ratio is 2.70 at the previous close: a market capitalisation of ₹390 crore divided by shareholders' equity (book value) of ₹145 crore on 30 September 2026. That is a book value of ₹78.75 per share against a share price of ₹212.44.
In FY26, Suraj's return on equity (ROE) was 5.5% and its return on capital employed (ROCE) was 6.4%. ROE is net profit divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities).
Suraj's dividend yield is 0.71% at the previous close: dividends of ₹1.50 a share that went ex-dividend in the 12 months before that day, divided by the share price of ₹212.44. They were ₹1.50 on 23 January 2026 (interim).
Suraj's market capitalisation was ₹390 crore at the previous close: 1.84 crore shares at ₹212.44 each.
Suraj's basic earnings per share (EPS) were ₹4.07 in FY26, against ₹7.24 in FY25. Over the last four quarters (Q3 FY26 to Q2 FY27) they add up to ₹5.84.
In 2026, Suraj has declared one dividend: ₹1.50 (interim) with record date 23 January 2026.
No. Suraj had borrowings of ₹70.2 crore on 30 September 2026 (consolidated balance sheet), a debt-to-equity ratio of 0.49. Its cash and current investments were ₹12 lakh, so its net debt was ₹70.1 crore.
Suraj's debt-to-equity ratio was 0.49 on 30 September 2026: borrowings of ₹70.2 crore against total equity of ₹145 crore. A year earlier, on 30 September 2025, it was 0.32.
Promoters held 75.00% of Suraj on 30 September 2026, unchanged from both the previous quarter and a year earlier, according to the shareholding pattern filed with NSE.
On 30 September 2026, Suraj's shares were held by promoters 75.00% and retail and other non-institutional investors 25.00%.
In FY26, Suraj generated ₹17.3 crore of cash from operations and spent ₹9.5 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of ₹7.8 crore. In FY25 it was −₹25.5 crore.
Suraj's latest results are for Q2 FY27 (July–September 2026), filed on 29 October 2026: consolidated net profit ₹3.3 crore, up 291.6% from ₹83 lakh in Q2 FY26; revenue from operations ₹55.6 crore, up 10.8% year on year.
In FY26 (April 2025–March 2026), Suraj's consolidated net profit was ₹7.5 crore, down 43.9% from ₹13.3 crore in FY25, on revenue from operations of ₹206 crore (down 11.9%).
Suraj has reported Q2 FY27. Its next results, for Q3 FY27 (October–December 2026), are due by 14 February 2027 under SEBI's 45-day rule; the company notifies the board-meeting date at least two working days before.
In FY26, Suraj earned net profit of ₹7.5 crore on revenue of ₹206 crore, against ₹52.3 crore on ₹784 crore for Manaksia. Suraj's operating margin was 4.3% (Manaksia 4.6%) and its return on equity 5.5% (Manaksia 8.1%).
On FY26 consolidated figures, against Manaksia, Shah Metacorp and Bedmutha Industries: Suraj's operating margin of 4.3% is the second highest of the four (Manaksia 4.6%, Shah Metacorp −1.2%, Bedmutha Industries 2.3%; peer average 1.9%); its return on equity of 5.5% is the second highest of the four (Manaksia 8.1%, Shah Metacorp 5.2%, Bedmutha Industries 4.4%; peer average 5.9%).
From Suraj's own consolidated results, balance sheets and shareholding patterns filed with NSE. Ratios are calculated by Alphave from those filings as each answer describes.
Consolidated figures from the company's filings with NSE; prices are NSE closing prices.