Surana Solar Peer Comparison

NSE: SURANASOL | BSE: 533298

₹25.75

₹0.30 (1.18%)

As on 28-Aug-2026IST

Market cap

₹127 Cr

Revenue (TTM)

₹36 Cr

P/E Ratio

19.9

P/B Ratio

Div. Yield

0 %

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	Surana Solar	Emmvee Photovoltaic Power	Fujiyama Power Systems	Vikram Solar	Saatvik Green Energy
Market cap (₹ Cr)	127	22,429	13,803	6,258	5,384
Revenue (₹ Cr)	36	5,578	3,403	5,232	4,144
Net Profit (₹ Cr)	6.40	1,274.17	294.33	356.83	247.74
Net Margin (%)	13.67	22.62	8.63	6.73	5.92
RoE (%)	11.18	54.78	44.55	11.79	19.60
Price to Earnings	19.86	17.60	46.90	17.54	21.70
Price-To-Book	2.02	5.50	10.37	1.97	3.94

Income Statement (₹ Cr)

	Surana Solar	Emmvee Photovoltaic Power	Fujiyama Power Systems	Vikram Solar	Saatvik Green Energy
Operating Revenue	38.80	2,335.61	1,540.68	3,423.45	2,158.39
Total Income	39.98	2,361.48	1,550.09	3,459.53	2,192.47
Total Expenditure	38.36	1,614.83	1,291.85	2,931.44	1,835.78
EBITDA	0.44	720.78	248.83	492.01	322.61
Depreciation	1.53	155.95	17.99	156.00	31.16
EBIT	-1.08	564.83	230.84	336.01	291.45
Interest	0.17	107.88	27.13	154.72	45.10
Other Income	1.18	25.87	9.42	36.07	34.07
Exceptional Items	--	--	--	-11.64	--
Profit before Tax	-0.07	482.82	213.12	217.36	280.42
Provision for Tax	-0.02	113.81	56.79	77.53	66.49
Profit after Tax	-0.05	369.01	156.34	139.83	213.93

	Surana Solar	Emmvee Photovoltaic Power	Fujiyama Power Systems	Vikram Solar	Saatvik Green Energy
Shareholder's Funds	56.11	536.80	396.82	1,241.99	337.66
Minority Interest	--	--	--	--	0.07
Non-Current Liabilities	0.13	2,027.33	165.27	192.67	188.17
Current Liabilities	3.48	1,404.49	451.87	1,397.43	1,139.09
Total Liabilities	59.72	3,968.62	1,013.96	2,832.08	1,673.06

	Surana Solar	Emmvee Photovoltaic Power	Fujiyama Power Systems	Vikram Solar	Saatvik Green Energy
Non-Current Assets	26.32	2,228.94	446.84	819.79	366.34
Current Assets	33.40	1,739.68	567.12	2,012.29	1,298.58
Total Assets	59.72	3,968.62	1,013.96	2,832.08	1,673.06
Total Debt*	0.00	1,949.69	346.22	230.67	458.10
Net Current Assets	29.92	335.19	115.25	614.86	159.49
Contingent Liabilities	0.50	19.28	1.27	257.77	626.81

	Surana Solar	Emmvee Photovoltaic Power	Fujiyama Power Systems	Vikram Solar	Saatvik Green Energy
Cash From Operating Activities	1.51	613.75	18.14	281.16	42.60
Cash Flow from Investing Activities	4.80	-985.67	-118.13	-155.71	-198.14
Cash from Financing Activities	-5.72	408.13	104.00	-95.33	148.60
Net Cash Inflow / Outflow	0.59	36.22	4.01	30.12	-6.94

	Surana Solar	Emmvee Photovoltaic Power	Fujiyama Power Systems	Vikram Solar	Saatvik Green Energy
ROCE (%)	0.15	28.84	40.63	27.29	55.18
ROE (%)	-0.11	104.60	49.33	16.63	93.90
ROA (%)	-0.07	11.98	19.26	5.16	18.13
EBIT Margin (%)	4.18	31.97	16.76	15.43	16.53
Net Margin (%)	-0.13	15.63	10.09	4.04	9.76
Cash Profit Margin (%)	3.80	22.48	11.31	8.64	11.36

	Surana Solar	Emmvee Photovoltaic Power	Fujiyama Power Systems	Vikram Solar	Saatvik Green Energy
Revenue Growth (%)	-59.12	145.35	66.62	36.34	98.39
EBIT Growth (%)	-82.34	507.29	154.73	28.32	125.48
Net Profit Growth (%)	-102.04	1,176.91	245.09	75.41	112.93
EPS Growth (%)	-102.04	1,176.91	244.62	43.43	92.96
Book Value Growth (%)	32.93	218.08	65.90	177.48	177.60

	Surana Solar	Emmvee Photovoltaic Power	Fujiyama Power Systems	Vikram Solar	Saatvik Green Energy
Price / Earnings	0.00	0.00	0.00	0.00	0.00
Price / Book Value	2.82	0.00	0.00	0.00	0.00
Dividend Yield (%)	0.00	--	--	--	--
EV/EBITDA	96.41	2.19	1.37	0.68	1.32
Market Cap (₹ Cr)	158.39	0.00	0.00	0.00	0.00

	Surana Solar	Emmvee Photovoltaic Power	Fujiyama Power Systems	Vikram Solar	Saatvik Green Energy
Debt to Equity	0.00	3.63	0.88	0.19	1.37
Short term debt to equity ratio	--	0.13	0.57	0.09	0.92
Current Ratio	9.61	1.24	1.26	1.44	1.14
Quick Ratio	5.08	0.70	0.41	1.13	0.57
Interest Coverage	0.59	5.48	8.85	2.40	7.22

	Surana Solar	Emmvee Photovoltaic Power	Fujiyama Power Systems	Vikram Solar	Saatvik Green Energy
Debtors to sales (%)	1.26	8.15	4.75	35.89	18.51
Asset Turnover	0.49	0.76	1.90	1.26	1.83
Receivable days	46.75	22.38	16.32	128.68	48.73
Inventory Days	215.46	83.18	72.82	43.82	73.64
Payable days	121.23	66.18	39.25	26.59	85.09
Cash Conversion Cycle	140.98	39.38	49.90	145.91	37.28

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.