Surana Solar Peer Comparison

NSE: SURANASOL | BSE: 533298

₹24.36

₹0.69 (2.92%)

As on 07-Oct-2026IST

Market cap

₹119 Cr

Revenue (TTM)

₹36 Cr

P/E Ratio

18.5

P/B Ratio

1.9

Div. Yield

0 %

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	Surana Solar	Emmvee Photovoltaic Power	Karamtara Engineering	Fujiyama Power Systems	Vikram Solar
Market cap (₹ Cr)	119	21,162	13,385	13,263	5,399
Revenue (₹ Cr)	36	5,578	4,312	3,403	5,232
Net Profit (₹ Cr)	6.40	1,274.17	228.75	294.33	356.83
Net Margin (%)	13.67	22.62	5.26	8.63	6.73
RoE (%)	11.18	54.78	20.78	44.55	11.79
Price to Earnings	18.53	16.61	58.51	45.06	15.13
Price-To-Book	1.89	5.19	6.74	9.97	1.70

Income Statement (₹ Cr)

	Surana Solar	Emmvee Photovoltaic Power	Karamtara Engineering	Fujiyama Power Systems	Vikram Solar
Operating Revenue	20.83	5,049.88	4,311.98	2,654.51	4,802.25
Total Income	27.76	5,103.39	4,352.23	2,660.03	4,860.78
Total Expenditure	23.97	3,315.50	3,846.23	2,164.08	3,885.63
EBITDA	-3.14	1,734.37	465.74	490.42	916.62
Depreciation	2.00	295.63	50.76	44.19	162.01
EBIT	-5.14	1,438.74	414.99	446.23	754.61
Interest	0.23	154.66	144.02	43.72	160.56
Other Income	6.93	53.52	40.26	5.52	58.53
Exceptional Items	--	--	--	--	-5.62
Profit before Tax	1.56	1,337.60	311.21	408.03	646.96
Provision for Tax	0.32	256.04	82.46	103.90	176.54
Profit after Tax	1.24	1,081.55	228.75	304.13	470.42

	Surana Solar	Emmvee Photovoltaic Power	Karamtara Engineering	Fujiyama Power Systems	Vikram Solar
Shareholder's Funds	57.47	3,694.94	1,219.92	1,273.36	3,167.76
Minority Interest	--	--	--	--	--
Non-Current Liabilities	0.16	592.88	853.77	251.07	582.42
Current Liabilities	9.73	1,732.28	2,067.16	819.13	1,977.55
Total Liabilities	67.36	6,020.09	4,140.85	2,343.56	5,727.72

	Surana Solar	Emmvee Photovoltaic Power	Karamtara Engineering	Fujiyama Power Systems	Vikram Solar
Non-Current Assets	36.23	2,712.81	1,890.88	934.15	2,000.59
Current Assets	31.13	3,307.28	2,249.97	1,409.40	3,727.13
Total Assets	67.36	6,020.09	4,140.85	2,343.56	5,727.72
Total Debt*	0.00	177.26	1,030.13	461.49	100.07
Net Current Assets	21.40	1,575.01	182.81	590.28	1,749.59
Contingent Liabilities	0.50	24.69	116.25	9.78	61.58

	Surana Solar	Emmvee Photovoltaic Power	Karamtara Engineering	Fujiyama Power Systems	Vikram Solar
Cash From Operating Activities	5.31	200.14	675.15	-2.89	629.55
Cash Flow from Investing Activities	-7.97	-304.14	-959.46	-519.70	-1,748.03
Cash from Financing Activities	2.74	130.35	328.34	653.82	1,114.83
Net Cash Inflow / Outflow	0.08	26.34	44.02	131.23	-3.65

	Surana Solar	Emmvee Photovoltaic Power	Karamtara Engineering	Fujiyama Power Systems	Vikram Solar
ROCE (%)	3.14	46.94	24.03	36.46	34.07
ROE (%)	2.18	51.12	20.78	36.48	21.45
ROA (%)	1.95	21.66	6.63	18.12	10.99
EBIT Margin (%)	18.18	35.40	11.73	18.68	20.31
Net Margin (%)	4.47	21.19	5.26	11.43	9.68
Cash Profit Margin (%)	15.55	27.27	6.48	13.12	13.17

	Surana Solar	Emmvee Photovoltaic Power	Karamtara Engineering	Fujiyama Power Systems	Vikram Solar
Revenue Growth (%)	-46.30	116.21	36.52	72.29	40.28
EBIT Growth (%)	118.35	139.45	42.21	92.04	84.66
Net Profit Growth (%)	2,019.15	193.09	64.18	94.53	236.42
EPS Growth (%)	2,016.81	151.27	64.18	77.82	193.90
Book Value Growth (%)	2.20	588.33	24.09	221.59	154.88

	Surana Solar	Emmvee Photovoltaic Power	Karamtara Engineering	Fujiyama Power Systems	Vikram Solar
Price / Earnings	73.64	13.87	0.00	19.77	13.71
Price / Book Value	1.59	4.06	0.00	4.73	2.05
Dividend Yield (%)	0.00	0.46	--	0.00	0.00
EV/EBITDA	23.60	8.29	2.33	12.73	5.43
Market Cap (₹ Cr)	91.28	14,996.12	0.00	6,013.52	6,449.42

	Surana Solar	Emmvee Photovoltaic Power	Karamtara Engineering	Fujiyama Power Systems	Vikram Solar
Debt to Equity	0.00	0.05	0.84	0.36	0.03
Short term debt to equity ratio	--	0.02	0.30	0.22	0.03
Current Ratio	3.20	1.91	1.09	1.72	1.88
Quick Ratio	1.33	0.92	0.81	0.61	1.47
Interest Coverage	7.90	9.65	3.16	10.33	5.03

	Surana Solar	Emmvee Photovoltaic Power	Karamtara Engineering	Fujiyama Power Systems	Vikram Solar
Debtors to sales (%)	2.66	13.76	30.52	5.29	25.29
Asset Turnover	0.33	1.01	1.25	1.58	1.12
Receivable days	9.14	31.99	95.26	14.67	92.84
Inventory Days	297.10	89.23	53.47	88.86	47.57
Payable days	15.27	80.96	80.74	47.63	17.73
Cash Conversion Cycle	290.97	40.26	67.99	55.90	122.68

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