Surana Solar Limited

SURANASOL.NS

SURANASOL.NSSurana Solar Limited IN flag

National Stock Exchange of India

34.23

INR

+0.27

(+0.80%)

0.01EPS

3,423.00P/E

1.68BMarket Cap

Jul 15Next Earn

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ISIN

INE272L01022

CUSIP

Y831BK112

Return %

Stock

S&P500

-10.20

12.07

68.62

62.30

359.46

98.08

Use logarithmic scale

	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y	TTM
Revenue per Share	19.29	25.69	25.48	24.02	17.09	7.95	7.06	6.74	5.68	5.05	8.57	3.66	- -	7.83
Basic EPS, GAAP	0.53	0.62	1.71	0.43	0.34	0.17	0.2	0.12	0.04	0.17	0.46	-0.26	- -	0.01
Free Cash Flow per Basic Share	-2.16	-3.68	-1.3	4.01	6.18	-0.33	0.95	2	1.15	-1.72	1.99	0.02	- -	- -
Dividend per Share	0.28	0.57	0.57	0.59	- -	- -	0.01	0.01	0.01	0.01	0.01	- -	- -	- -
Book Value per Share	5.33	5.16	6.07	6.5	6.84	7.01	7.22	7.34	7.38	7.55	8.01	7.88	- -	4.96
Tangible Book Value per Share	8.4	8.6	9.72	10.16	10.5	10.67	10.87	10.99	11.03	11.21	11.67	11.6	- -	11.34
Basic Weighted Avg Shares	49	49	49	49	49	49	49	49	49	49	49	48	- -	50
Sales/Revenue/Turnover	949	1,264	1,254	1,182	841	391	347	332	279	248	422	177	388	388
Operating Margin (%)	6.24	5.4	12.1	5.8	6.53	7.82	6.12	5.37	2.98	3.58	-2.36	-11.21	-2.51	-2.51
Depreciation Expense	31	29	29	30	27	31	28	49	45	30	26	18	15	15
Net Income, GAAP	26	30	84	21	17	8	10	6	2	8	23	-13	1	1
Effective Tax Rate (%)	27.89	43.31	17.17	31.51	31.73	34.2	23.11	21.38	48.16	30.6	31.04	- -	- -	70.72
Profit Margin (%)	2.73	2.4	6.73	1.8	1.99	2.15	2.89	1.78	0.76	3.41	5.42	-7.11	0.15	0.15
Working Capital	152	147	186	258	164	272	356	242	286	207	281	327	300	300
LT Debt	176	161	119	149	44	112	197	- -	- -	- -	- -	- -	- -	- -
Total Equity	422	424	479	500	516	525	535	541	543	551	574	562	562	562
Return on Invested Capital (%)	6.14	4.98	12.73	4.43	4.33	2.64	2.13	2.05	0.7	0.97	-1.11	- -	- -	-6.2
Return on Capital (%)	4.73	6.52	14.04	4.62	4.71	2.72	4.08	2.34	1.31	2.18	5.4	- -	- -	2.26
Return on Common Equity (%)	9.38	11.76	30.54	6.87	5.09	2.47	2.87	1.65	0.58	2.3	5.97	-3.24	0.19	0.19

Capital Structure

•

in mil. unless spec.

Working Capital

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in mil. unless spec.

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)	10 years	5 years	1 year
Sales/Revenue/Turnover	0.03%	20.82%	119.13%
Net Income, GAAP	-2.09%	29.4%	-104.65%
Free Cash Flow	-120.15%	-93.74%	138.48%
Total Cash Common Dividend	- -	- -	- -
Total Equity	1.64%	0.8%	0.1%

Growth Rates

•

in mil. unless spec.

Quarterly Revenue

•

in mil. unless spec.

Quarterly Earnings Per Share

•

in mil. unless spec.

Quarterly Dividends Per Share

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in mil. unless spec.

Company Description

CEO: Baunakar Shekarnath
Full Time Employees: 36
Sector: Energy
Industry: Solar
Address: Plot No.212/3 & 4 Hyderabad India 500051
IPO Date: Aug 12, 2002
Website: suranasolar.com
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Business: Surana Solar Limited manufactures and sells solar panels and solar photovoltaic modules in India and internationally. The company operates through Solar Products and Wind Power segments. It generates wind and solar power; and trades in solar photovoltaic modules and other solar related products. The company was formerly known as Surana Ventures Limited. Surana Solar Limited was incorporated in 2006 and is based in Hyderabad, India.

	Sep'25	Dec'25	Mar'25
Total Current Assets	441	- -	335
Accounts Receivable, Net	108	- -	5
Cash, Cash Equivalents & STI	76	- -	69
Inventories	177	- -	157
Total Current Liabilities	80	- -	35
Payables & Accruals	- -	- -	- -
ST Debt	36	- -	- -
Deferred Revenue	- -	- -	- -

Year	Q1	Q2	Q3	Q4	FY
2023	0.39	0.02	0.01	- -	0.46
2024	0.05	-0.3	0.02	- -	-0.26
2025	0.06	0.07	0.03	- -	- -

	Sep'25	Dec'25	Mar'25
ST Debt	36	- -	- -
LT Borrowings	- -	- -	- -
LT Finance Leases	- -	- -	- -
Preferred Equity and Hybrid Capital	- -	- -	- -
Shares Outstanding	49	- -	49
Market Capitalization	2,890	2,276	1,590

Year	Q1	Q2	Q3	Q4	FY
2023	- -	- -	- -	- -	0.01
2024	- -	- -	- -	- -	- -
2025	- -	- -	- -	- -	- -

	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y	TTM
Revenue per Share	19.29	25.69	25.48	24.02	17.09	7.95	7.06	6.74	5.68	5.05	8.57	3.66	- -	7.83
Basic EPS, GAAP	0.53	0.62	1.71	0.43	0.34	0.17	0.2	0.12	0.04	0.17	0.46	-0.26	- -	0.01
Free Cash Flow per Basic Share	-2.16	-3.68	-1.3	4.01	6.18	-0.33	0.95	2	1.15	-1.72	1.99	0.02	- -	- -
Dividend per Share	0.28	0.57	0.57	0.59	- -	- -	0.01	0.01	0.01	0.01	0.01	- -	- -	- -
Book Value per Share	5.33	5.16	6.07	6.5	6.84	7.01	7.22	7.34	7.38	7.55	8.01	7.88	- -	4.96
Tangible Book Value per Share	8.4	8.6	9.72	10.16	10.5	10.67	10.87	10.99	11.03	11.21	11.67	11.6	- -	11.34
Basic Weighted Avg Shares	49	49	49	49	49	49	49	49	49	49	49	48	- -	50
Sales/Revenue/Turnover	949	1,264	1,254	1,182	841	391	347	332	279	248	422	177	388	388
Operating Margin (%)	6.24	5.4	12.1	5.8	6.53	7.82	6.12	5.37	2.98	3.58	-2.36	-11.21	-2.51	-2.51
Depreciation Expense	31	29	29	30	27	31	28	49	45	30	26	18	15	15
Net Income, GAAP	26	30	84	21	17	8	10	6	2	8	23	-13	1	1
Effective Tax Rate (%)	27.89	43.31	17.17	31.51	31.73	34.2	23.11	21.38	48.16	30.6	31.04	- -	- -	70.72
Profit Margin (%)	2.73	2.4	6.73	1.8	1.99	2.15	2.89	1.78	0.76	3.41	5.42	-7.11	0.15	0.15
Working Capital	152	147	186	258	164	272	356	242	286	207	281	327	300	300
LT Debt	176	161	119	149	44	112	197	- -	- -	- -	- -	- -	- -	- -
Total Equity	422	424	479	500	516	525	535	541	543	551	574	562	562	562
Return on Invested Capital (%)	6.14	4.98	12.73	4.43	4.33	2.64	2.13	2.05	0.7	0.97	-1.11	- -	- -	-6.2
Return on Capital (%)	4.73	6.52	14.04	4.62	4.71	2.72	4.08	2.34	1.31	2.18	5.4	- -	- -	2.26
Return on Common Equity (%)	9.38	11.76	30.54	6.87	5.09	2.47	2.87	1.65	0.58	2.3	5.97	-3.24	0.19	0.19

Surana Solar Limited

Growth Rates

(avg. rate of change)

Company Description

Growth Rates

(avg. rate of change)

Working Capital

Quarterly Earnings Per Share

Year

Capital Structure

Quarterly Dividends Per Share

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Quarterly Revenue

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