| ₹ crore | Q2 FY27 | Q2 FY26 | Change |
|---|---|---|---|
| Revenue | 10.2 | 2.6 | +296.9% |
| EBITDA | 1.0 | −2.3 | — |
| EBITDA margin | 10.1% | −90.9% | +101.0 pts |
| Profit before tax | 1.0 | 0.7 | +41.1% |
| Net profit | 0.8 | 0.5 | +38.6% |
| EPS | ₹0.15 | ₹0.11 | +36.4% |
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 | FY24Mar 2024 | FY23Mar 2023 | FY22 and earlierAlpha Plus |
|---|
| 108 | — | — | — | — | FY22 and earlierEvery year the company has filed comes with Alpha Plus. | |
| 6.6 | 5.8 | 5.8 | 8.3 | 5.7 | ||
| 102 | — | — | — | — | ||
| 43.5 | 20.8 | 38.8 | 17.7 | 42.2 | ||
| — | −46.3% | +119.1% | −58.0% | — | ||
| 2.5 | −3.1 | 0.6 | −0.1 | 1.4 | ||
| 5.6% | −15.1% | 1.4% | −0.4% | 3.2% | ||
| 0.2 | −5.1 | −1.0 | −2.0 | −1.3 | ||
| 6.6 | 1.2 | 0.1 | −1.3 | 2.3 | ||
| 15.2% | 6.0% | 0.2% | −7.1% | 5.4% | ||
| ₹1.34 | ₹0.25 | ₹0.01 | −₹0.26 | ₹0.46 | ||
| — | +2,019.1% | +104.6% | −155.1% | — | ||
| — | 5.3 | 2.3 | 0.1 | 13.9 | ||
| — | 0.0 | 0.0 | 0.0 | −0.2 | ||
| 5.3 | 5.3 | 2.3 | 0.1 | 13.7 | ||
From the company's filings with NSE and BSE (Ind-AS), standalone. For information only, not investment advice.
In ₹ Crore except Per Share 12 Months Ending | FY23 31/03/2023 | FY24 31/03/2024 | FY25 31/03/2025 | FY26 31/03/2026 | Current/LTM TTM · last close | |
|---|---|---|---|---|---|---|
| Market Capitalization | — | — | — | — | 108.3 | |
| - Cash, Equiv & ST Investments | 5.7 | 8.3 | 5.8 | 5.8 | 6.6 | |
| Enterprise Value | — | — | — | — | 101.7 | |
| Revenue | 42.2 | 17.7 | 38.8 | 20.8 | 43.5 | |
| Growth %, YoY | — | -58.0 | +119.1 | -46.3 | — | |
| EBITDA | 1.4 | -0.1 | 0.6 | -3.1 | 2.5 | |
| Margin % | 3.21 | -0.42 | 1.43 | -15.07 | 5.64 | |
| EBIT | -1.3 | -2.0 | -1.0 | -5.1 | 0.2 | |
| Net Income | 2.3 | -1.3 | 0.1 | 1.2 | 6.6 | |
| Margin % | 5.42 | -7.11 | 0.15 | 5.95 | 15.18 | |
| EPS, Adj (current shares) | 0.46 | -0.26 | 0.01 | 0.25 | 1.34 | |
| Growth %, YoY | — | -155.1 | +104.6 | +2,019.1 | — | |
| Cash from Operations | 13.9 | 0.1 | 2.3 | 5.3 | — | |
| Capital Expenditures | -0.2 | -0.0 | -0.0 | -0.0 | — | |
| Free Cash Flow | 13.7 | 0.1 | 2.3 | 5.3 | 5.3 | |
Prices at the 30 October 2026 close · figures from the company's filings with NSE
Surana Solar (NSE: SURANASOL) had a market capitalisation of ₹106 crore at the 30 October 2026 close (₹21.53 a share), a PE ratio of 16.0 on the last four quarters' profit and a price-to-book ratio of 1.66. In FY26 its consolidated net profit was ₹1.2 crore on revenue of ₹20.8 crore; in Q2 FY27 (July–September 2026) it was ₹75 lakh, up 38.6% year on year. It had no borrowings on 30 September 2026. Promoters held 46.38% of the shares on 30 September 2026.
Surana Solar's PE ratio is 16.0 at the 30 October 2026 close (₹21.53 a share): a market capitalisation of ₹106 crore divided by consolidated net profit of ₹6.6 crore over the last four quarters (Q3 FY26 to Q2 FY27). On FY26 net profit (₹1.2 crore) it is 85.5.
Surana Solar's net worth — shareholders' equity in its consolidated balance sheet — was ₹63.7 crore on 30 September 2026, up 11.6% from ₹57 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹106 crore at the 30 October 2026 close.
Surana Solar's book value per share was ₹12.94 on 30 September 2026: shareholders' equity of ₹63.7 crore divided by the 4.92 crore shares in issue, up 11.6% from ₹11.59 a year earlier. The share price at the 30 October 2026 close was ₹21.53.
Surana Solar's price-to-book (PB) ratio is 1.66 at the 30 October 2026 close: a market capitalisation of ₹106 crore divided by shareholders' equity (book value) of ₹63.7 crore on 30 September 2026. That is a book value of ₹12.94 per share against a share price of ₹21.53.
In FY26, Surana Solar's return on equity (ROE) was 2.2% and its return on capital employed (ROCE) was −9.0%. 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). In FY25, ROE was 0.1% and ROCE −1.7%.
Promoters held 46.38% of Surana Solar on 30 September 2026, up 0.63 percentage points from 45.75% the previous quarter and up 3.07 percentage points from 43.31% a year earlier, according to the shareholding pattern filed with NSE.
Surana Solar's market capitalisation was ₹106 crore at the 30 October 2026 close: 4.92 crore shares at ₹21.53 each.
Yes. Surana Solar had no borrowings on 30 September 2026 (consolidated balance sheet), and it held ₹7.5 crore of cash, bank balances and current investments.
Surana Solar's basic earnings per share (EPS) were ₹0.25 in FY26, against ₹0.01 in FY25. Over the last four quarters (Q3 FY26 to Q2 FY27) they add up to ₹1.34.
Surana Solar's debt-to-equity ratio was 0.00 on 30 September 2026: no borrowings against total equity of ₹63.7 crore. A year earlier, on 30 September 2025, it was 0.00.
On 30 September 2026, Surana Solar's shares were held by promoters 46.38%, domestic institutions (DII) 0.04% (including mutual funds at 0.03%) and retail and other non-institutional investors 53.58%. Over the year, DII holding was unchanged.
In FY26, Surana Solar generated ₹5.3 crore of cash from operations and spent ₹0 lakh on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of ₹5.3 crore. In FY25 it was ₹2.3 crore.
Surana Solar's latest results are for Q2 FY27 (July–September 2026), filed on 26 October 2026: consolidated net profit ₹75 lakh, up 38.6% from ₹54 lakh in Q2 FY26; revenue from operations ₹10.2 crore, up 296.9% year on year.
In FY26 (April 2025–March 2026), Surana Solar's consolidated net profit was ₹1.2 crore, null, on revenue from operations of ₹20.8 crore (down 46.3%). Over three years, from FY23, net profit was down 45.7%.
In FY26, Surana Solar earned net profit of ₹1.2 crore on revenue of ₹20.8 crore, against ₹1.8 crore on ₹0 lakh for Tarapur Transformers. At the 30 October 2026 close, Surana Solar's market capitalisation was ₹106 crore against ₹26.3 crore for Tarapur Transformers.
Surana Solar 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.
From Surana Solar's own consolidated results, balance sheets and shareholding patterns filed with NSE, and NSE prices (the latest used here: the 30 October 2026 close). 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.