Surana Solar Key Ratios
NSE: SURANASOL | BSE: 533298
₹21.53
₹0.00 (0.00%)As on 30-Oct-2026IST
Market cap
₹106 Cr
Revenue (TTM)
₹44 Cr
P/E Ratio
16.1
P/B Ratio
1.7
Div. Yield
0 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | -40.37 | 296.86 | 144.39 | 11.91 | 5.83 |
| EBIT | 2,370.00 | 117.12 | 103.58 | 27.85 | -23.27 |
| Net Profit | -86.18 | 38.24 | 2,251.96 | 108.71 | 82.22 |
| EPS | -86.18 | 38.16 | 2,252.19 | 108.71 | 82.19 |
| Book Value | -- | -- | 2.21 | 0.02 | 1.14 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Mar-26 | Mar-25 |
| EBIT-Margin
| -12.80 | -7.57 | 0.51 | -24.68 | -2.51 |
| Net Margin
| -0.69 | 1.22 | 12.87 | 4.47 | 0.15 |
| Return on equity
| 0.02 | 1.13 | 10.91 | 2.18 | 0.10 |
| Return on Capital
| 0.69 | 2.10 | -- | 3.14 | 0.37 |
| Return on Assets
| -0.03 | 0.95 | 9.05 | 1.95 | 0.10 |
| Debt to Equity (x)
| -- | -- | 0.00 | 0.00 | 0.00 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Surana Solar
|
--
|
3.14
|
0.37
|
-1.46
|
5.70
|
|
Peer Median
|
--
|
33.95
|
4.27
|
8.69
|
--
|
ROE
10.91
Lower than Peers by 9.83
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Surana Solar
|
10.91
|
2.18
|
0.10
|
-2.22
|
4.06
|
|
Peer Median
|
20.75
|
30.52
|
4.46
|
6.93
|
--
|
ROA
9.05
Lower than Peers by 5.45
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Surana Solar
|
9.05
|
1.95
|
0.10
|
-2.13
|
3.57
|
|
Peer Median
|
14.50
|
13.92
|
2.23
|
2.81
|
--
|
EBIT Margin
0.51
Lower than Peers by 16.00
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Surana Solar
|
0.51
|
-24.68
|
-2.51
|
-11.21
|
-3.02
|
|
Peer Median
|
16.51
|
19.19
|
34.67
|
38.48
|
--
|
Net Margin
12.87
Lower than Peers by 0.72
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Surana Solar
|
12.87
|
4.47
|
0.15
|
-6.67
|
4.87
|
|
Peer Median
|
13.59
|
10.56
|
9.22
|
5.86
|
--
|
Cash Profit Margin
0.00
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Surana Solar
|
0.00
|
15.55
|
4.09
|
3.68
|
11.65
|
|
Peer Median
|
--
|
--
|
0.00
|
--
|
--
|
Revenue Growth
144.39
Higher than Peers by 84.58
Year on year growth in net sales
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Surana Solar
|
144.39
|
-46.30
|
119.13
|
-58.03
|
69.88
|
|
Peer Median
|
59.81
|
67.83
|
1,122.20
|
4.90
|
--
|
EBIT Growth
103.58
Higher than Peers by 7.14
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Surana Solar
|
103.58
|
-428.57
|
51.01
|
-55.62
|
-244.81
|
|
Peer Median
|
96.43
|
66.41
|
321.84
|
1,118.72
|
--
|
Net Profit Growth
2,251.96
Higher than Peers by 2,159.34
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Surana Solar
|
2,251.96
|
2,019.15
|
104.65
|
-155.10
|
170.15
|
|
Peer Median
|
92.62
|
60.24
|
200.45
|
97.52
|
--
|
EPS Growth
2,252.19
Higher than Peers by 2,163.67
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Surana Solar
|
2,252.19
|
2,016.81
|
104.65
|
-155.09
|
170.10
|
|
Peer Median
|
88.52
|
35.17
|
264.89
|
--
|
--
|
Book Value Growth
--
--
Year on year growth in book value per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Surana Solar
|
--
|
2.20
|
0.10
|
-2.19
|
4.14
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
--
--
Total debt / Net worth
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Surana Solar
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
0.06
|
0.51
|
0.58
|
1.21
|
--
|
Short term debt to equity ratio
--
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Surana Solar
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
2.36
Higher than Peers by 0.64
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Surana Solar
|
2.36
|
3.20
|
9.64
|
14.98
|
19.61
|
|
Peer Median
|
1.72
|
1.77
|
1.60
|
1.65
|
--
|
Quick Ratio
1.37
Higher than Peers by 0.11
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Surana Solar
|
1.37
|
1.33
|
5.11
|
7.24
|
10.87
|
|
Peer Median
|
1.26
|
1.40
|
7.01
|
11.62
|
--
|
Interest Coverage
58.00
Higher than Peers by 46.91
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Surana Solar
|
58.00
|
7.90
|
1.26
|
-10.93
|
18.35
|
|
Peer Median
|
11.09
|
8.36
|
1.27
|
2.62
|
--
|
Operating Efficiency
Debtors to sales
4.36
Lower than Peers by 4.51
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Surana Solar
|
4.36
|
2.66
|
1.26
|
1.24
|
0.80
|
|
Peer Median
|
8.87
|
13.49
|
24.64
|
48.22
|
--
|
Asset Turnover
0.60
Lower than Peers by 0.47
Sales / Average Total Assets
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Surana Solar
|
0.60
|
0.33
|
0.65
|
0.30
|
0.66
|
|
Peer Median
|
1.06
|
1.75
|
0.99
|
0.30
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Surana Solar
|
--
|
9.14
|
3.34
|
5.73
|
16.80
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Surana Solar
|
--
|
297.10
|
159.04
|
322.42
|
146.70
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Surana Solar
|
--
|
15.27
|
3.81
|
11.29
|
6.84
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Surana Solar
|
--
|
290.97
|
158.57
|
316.86
|
156.66
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
16.05
Lower than Peers by 1.87
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Surana Solar
|
16.05
|
73.64
|
2,705.04
|
--
|
36.68
|
|
Peer Median
|
17.92
|
15.81
|
41.83
|
81.94
|
--
|
Price / Book Value
1.67
Lower than Peers by 2.46
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Surana Solar
|
1.67
|
1.59
|
2.82
|
2.79
|
1.46
|
|
Peer Median
|
4.13
|
3.81
|
5.60
|
4.27
|
--
|
Dividend Yield
--
--
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Surana Solar
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
EV/EBITDA
10.14
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Surana Solar
|
10.14
|
23.60
|
90.29
|
144.49
|
13.63
|
|
Peer Median
|
--
|
11.71
|
68.21
|
34.54
|
--
|
Market Cap
106
Lower than Peers by 2,984
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Surana Solar
|
106
|
91
|
158
|
157
|
84
|
|
Peer Median
|
3,090
|
4,461
|
2,139
|
1,938
|
--
|