In ₹ Crore except Per Share Latest Annual	SURANAT&P FY26	INDOWIND FY26	ENERGYDEV FY26	KARMAENG FY22	Peer Average
Valuation — at last close
P/E	9.52×	—	—	—	—
P/B	1.13×	◆ 0.42×	16.04×	1.28×	5.91× -81%
EV/EBITDA	◆ -102.24×	8.05×	6.21×	5.48×	6.58× -1654%
Market Cap	₹206 Cr	₹128 Cr	₹62.5 Cr	₹38.7 Cr	₹76.5 Cr +169%
Growth
Revenue CAGR 3Y	◆ 29.62%	5.90%	7.30%	—	6.60% +349%
Revenue CAGR 5Y	15.46%	◆ 16.73%	—	-4.71%	6.01% +157%
Net Income CAGR 3Y	71.05%	—	—	—	—
Revenue YoY (latest Q)	◆ -15.62%	-28.06%	-38.41%	-16.68%	-27.72% +44%
Net Income YoY (latest Q)	◆ 349.40%	-8.21%	-210.01%	60.98%	-52.41% +767%
Profitability
EBITDA Margin	-4.51%	35.98%	◆ 59.49%	26.04%	40.50% -111%
Net Income Margin	◆ 35.60%	0.00%	-0.52%	-5.13%	-1.88% +1990%
Return on Common Equity	◆ 14.66%	0.00%	-6.16%	-5.37%	-3.84% +481%
Return on Capital Employed	-4.49%	1.96%	◆ 23.15%	4.67%	9.93% -145%
Return on Assets	◆ 9.60%	0.00%	-0.13%	-1.77%	-0.63% +1616%
Credit & Quality
Total Debt/Equity	0.34×	0.03×	◆ -50.79×	0.58×	-16.73× +102%
Interest Coverage	-4.26×	◆ 2.15×	1.78×	0.44×	1.46× -392%
Scale — latest FY
Revenue / Total Income	₹60.8 Cr	₹40.3 Cr	₹46.3 Cr	₹31.7 Cr	₹39.4 Cr +54%
Net Income	₹21.6 Cr	₹0 Cr	−₹0.2 Cr	−₹1.6 Cr	−₹0.6 Cr +3579%
Total Assets	₹271 Cr	₹348 Cr	₹180 Cr	₹63.4 Cr	₹197 Cr +37%
EPS	₹1.59	₹0	₹-0.05	₹-1.4	₹-0.48 +429%
Book Value per Share	₹13.4	₹19.09	₹0.82	₹26.11	₹15.34 -13%

◆ best value in the comp set per metric · Δ = subject vs average of the other companies.

« ‹ › »Latest: FY26 · ConsolidatedFA Financial Analysis · alphave

Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 95%.