| ₹ crore | Q1 FY27 | Q1 FY26 | Change |
|---|---|---|---|
| Revenue | 2,046 | 1,605 | +27.5% |
| EBITDA | 112 | 69.8 | +60.9% |
| EBITDA margin | 5.5% | 4.4% | +1.1 pts |
| Profit before tax | 80.7 | 45.7 | +76.7% |
| Net profit | 59.6 | 33.6 | +77.2% |
| EPS | ₹2.74 | ₹1.55 | +76.8% |
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 |
|---|
| 4,572 | — | — | — | — | FY22 and earlierEvery year the company has filed comes with Alpha Plus. | |
| 44.5 | 44.5 | 20.0 | 35.0 | 1.1 | ||
| 64.9 | 64.9 | 3.1 | 3.7 | 404 | ||
| 4,592 | — | — | — | — | ||
| 7,982 | 7,540 | 7,436 | 7,809 | 7,997 | ||
| — | +1.4% | −4.8% | −2.3% | — | ||
| 530 | 487 | 579 | 572 | 614 | ||
| 6.6% | 6.5% | 7.8% | 7.3% | 7.7% | ||
| 397 | 357 | 456 | 455 | 499 | ||
| 312 | 286 | 347 | 329 | 336 | ||
| 3.9% | 3.8% | 4.7% | 4.2% | 4.2% | ||
| ₹14.33 | ₹13.13 | ₹15.93 | ₹15.13 | ₹15.42 | ||
| — | −17.5% | +5.3% | −1.9% | — | ||
| — | 401 | 395 | 540 | 280 | ||
| — | −160 | −151 | −61.9 | −36.4 | ||
| 241 | 241 | 244 | 478 | 244 | ||
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 | FY23 31/03/2023 | FY24 31/03/2024 | FY25 31/03/2025 | FY26 31/03/2026 | Current/LTM TTM · last close | |
|---|---|---|---|---|---|---|
| Market Capitalization | — | — | — | — | 4,572.0 | |
| - Cash, Equiv & ST Investments | 1.1 | 35.0 | 20.0 | 44.5 | 44.5 | |
| + Total Debt | 403.9 | 3.7 | 3.1 | 64.9 | 64.9 | |
| Enterprise Value | — | — | — | — | 4,592.4 | |
| Revenue | 7,996.7 | 7,809.3 | 7,435.9 | 7,540.4 | 7,982.4 | |
| Growth %, YoY | — | -2.3 | -4.8 | +1.4 | — | |
| EBITDA | 614.2 | 572.4 | 579.2 | 487.4 | 529.9 | |
| Margin % | 7.68 | 7.33 | 7.79 | 6.46 | 6.64 | |
| EBIT | 498.8 | 455.2 | 456.5 | 357.5 | 397.4 | |
| Net Income | 335.5 | 329.2 | 346.6 | 285.8 | 311.8 | |
| Margin % | 4.20 | 4.21 | 4.66 | 3.79 | 3.91 | |
| EPS, Adj (current shares) | 15.42 | 15.13 | 15.93 | 13.13 | 14.33 | |
| Growth %, YoY | — | -1.9 | +5.3 | -17.5 | — | |
| Cash from Operations | 280.2 | 539.7 | 394.8 | 400.7 | — | |
| Capital Expenditures | -36.4 | -61.9 | -151.2 | -159.8 | — | |
| Free Cash Flow | 243.8 | 477.8 | 243.6 | 240.9 | 240.9 | |
Prices at the 29 October 2026 close · figures from the company's filings with NSE
Surya Roshni (NSE: SURYAROSNI) had a market capitalisation of ₹4,513 crore at the 29 October 2026 close (₹207.34 a share), a PE ratio of 14.5 on the last four quarters' profit and a price-to-book ratio of 1.71. In FY26 its consolidated net profit was ₹286 crore on revenue of ₹7,540 crore; in Q1 FY27 (April–June 2026) it was ₹59.6 crore, up 77.2% year on year. Its debt-to-equity ratio was 0.02 on 31 March 2026. Promoters held 63.02% of the shares on 30 September 2026.
Surya Roshni's PE ratio is 14.5 at the 29 October 2026 close (₹207.34 a share): a market capitalisation of ₹4,513 crore divided by consolidated net profit of ₹312 crore over the last four quarters (Q2 FY26 to Q1 FY27). On FY26 net profit (₹286 crore) it is 15.8.
Surya Roshni's net worth — shareholders' equity in its consolidated balance sheet — was ₹2,634 crore on 31 March 2026, up 6.8% from ₹2,465 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹4,513 crore at the 29 October 2026 close.
Surya Roshni's book value per share was ₹121.00 on 31 March 2026: shareholders' equity of ₹2,634 crore divided by the 21.76 crore shares in issue, up 6.8% from ₹113.31 a year earlier. The share price at the 29 October 2026 close was ₹207.34.
Surya Roshni's price-to-book (PB) ratio is 1.71 at the 29 October 2026 close: a market capitalisation of ₹4,513 crore divided by shareholders' equity (book value) of ₹2,634 crore on 31 March 2026. That is a book value of ₹121.00 per share against a share price of ₹207.34.
In FY26, Surya Roshni's return on equity (ROE) was 11.2% and its return on capital employed (ROCE) was 13.5%. 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 15.0% and ROCE 18.9%.
Surya Roshni's dividend yield is 2.41% at the 29 October 2026 close: dividends of ₹5 a share that went ex-dividend in the 12 months before that day, divided by the share price of ₹207.34. They were ₹2.50 on 21 August 2026 and ₹2.50 on 17 November 2025 (interim).
Surya Roshni's market capitalisation was ₹4,513 crore at the 29 October 2026 close: 21.76 crore shares at ₹207.34 each.
Surya Roshni's basic earnings per share (EPS) were ₹13.13 in FY26, against ₹15.95 in FY25. Over the last four quarters (Q2 FY26 to Q1 FY27) they add up to ₹14.32.
In 2026, Surya Roshni has declared one dividend: ₹2.50 with record date 21 August 2026.
No. Surya Roshni had borrowings of ₹64.9 crore on 31 March 2026 (consolidated balance sheet), a debt-to-equity ratio of 0.02. Its cash and current investments were ₹453 crore, so it held net cash of ₹388 crore.
Surya Roshni's debt-to-equity ratio was 0.02 on 31 March 2026: borrowings of ₹64.9 crore against total equity of ₹2,634 crore. A year earlier, on 31 March 2025, it was 0.00.
Promoters held 63.02% of Surya Roshni on 30 September 2026, unchanged from the previous quarter and up 0.55 percentage points from 62.47% a year earlier, according to the shareholding pattern filed with NSE.
On 30 September 2026, Surya Roshni's shares were held by promoters 63.02%, foreign portfolio investors (FII/FPI) 4.27%, domestic institutions (DII) 1.50% (including mutual funds at 0.10%) and retail and other non-institutional investors 31.21%. Over the year, FII holding was down 0.68 percentage points from 4.95% and DII holding was down 0.17 percentage points from 1.67%.
Surya Roshni's latest results are for Q1 FY27 (April–June 2026), filed on 11 August 2026: consolidated net profit ₹59.6 crore, up 77.2% from ₹33.6 crore in Q1 FY26; revenue from operations ₹2,046 crore, up 27.5% year on year.
In FY26 (April 2025–March 2026), Surya Roshni's consolidated net profit was ₹286 crore, down 17.5% from ₹347 crore in FY25, on revenue from operations of ₹7,540 crore (up 1.4%). Over three years, from FY23, net profit was down 14.8%.
In FY26, Surya Roshni generated ₹401 crore of cash from operations and spent ₹160 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of ₹241 crore. In FY25 it was ₹244 crore.
Surya Roshni will announce its Q2 FY27 results (July–September 2026) on Saturday, 7 November 2026, the date of the board meeting it has notified to the exchanges.
In FY26, Surya Roshni earned net profit of ₹286 crore on revenue of ₹7,540 crore, against ₹1,203 crore on ₹23,079 crore for APL Apollo Tubes. Surya Roshni's operating margin was 4.7% (APL Apollo Tubes 6.8%) and its return on equity 11.2% (APL Apollo Tubes 25.3%). At the 29 October 2026 close, Surya Roshni's market capitalisation was ₹4,513 crore against ₹60,955 crore for APL Apollo Tubes, and its PE ratio on FY26 profit 15.8 against 50.7.
On FY26 consolidated figures, against APL Apollo Tubes, Bajaj Electricals and TD Power Systems: Surya Roshni's operating margin of 4.7% is the third highest of the four (APL Apollo Tubes 6.8%, Bajaj Electricals −0.1%, TD Power Systems 16.5%; peer average 7.7%); its return on equity of 11.2% is the third highest of the four (APL Apollo Tubes 25.3%, Bajaj Electricals −5.5%, TD Power Systems 24.7%; peer average 14.9%); its revenue growth over three years of −1.9% a year is the third highest of the four (APL Apollo Tubes 12.6% a year, Bajaj Electricals −6.3% a year, TD Power Systems 28.6% a year; peer average 11.6% a year).
From Surya Roshni's own consolidated results, balance sheets and shareholding patterns filed with NSE, and NSE prices (the latest used here: the 29 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.