Suraj Estate Developers Ltd
Incorporated in 1986, Suraj Estate Developers Limited is a real estate construction company that develops residential and commercial real estate in the South Central Mumbai region.[1]
- Market Cap ₹ 3,504 Cr.
- Current Price ₹ 790
- High / Low ₹ 847 / 256
- Stock P/E 43.6
- Book Value ₹ 118
- Dividend Yield 0.13 %
- ROCE 25.3 %
- ROE 23.9 %
- Face Value ₹ 5.00
Pros
- Company has a good return on equity (ROE) track record: 3 Years ROE 32.4%
Cons
- Company's cost of borrowing seems high
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Realty Industry: Construction
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|
58 | 164 | 204 | 246 | 371 | 413 | |
12 | 99 | 116 | 109 | 213 | 253 | |
Operating Profit | 46 | 65 | 88 | 137 | 158 | 160 |
OPM % | 79% | 39% | 43% | 56% | 43% | 39% |
1 | 2 | 1 | 1 | 16 | 24 | |
Interest | 45 | 58 | 67 | 85 | 73 | 70 |
Depreciation | 1 | 2 | 2 | 2 | 2 | 3 |
Profit before tax | 1 | 7 | 20 | 51 | 99 | 110 |
Tax % | 33% | 31% | 27% | 26% | 28% | |
1 | 5 | 15 | 38 | 71 | 80 | |
EPS in Rs | 1.43 | 7.68 | 4.48 | 11.42 | 16.09 | 19.52 |
Dividend Payout % | 0% | 0% | 0% | 0% | 6% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 31% |
TTM: | 51% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 140% |
TTM: | 88% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | % |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 32% |
Last Year: | 24% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|
Equity Capital | 7 | 7 | 17 | 17 | 22 |
Reserves | 9 | 14 | 20 | 58 | 502 |
352 | 374 | 388 | 407 | 355 | |
116 | 96 | 140 | 283 | 296 | |
Total Liabilities | 484 | 491 | 564 | 764 | 1,175 |
5 | 5 | 5 | 4 | 27 | |
CWIP | 0 | 0 | 0 | 0 | 0 |
Investments | 8 | 9 | 30 | 31 | 37 |
471 | 477 | 529 | 729 | 1,111 | |
Total Assets | 484 | 491 | 564 | 764 | 1,175 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|
-38 | 40 | 53 | 101 | -156 | |
-7 | -6 | -18 | -27 | -90 | |
43 | -35 | -34 | -65 | 240 | |
Net Cash Flow | -2 | -0 | 1 | 9 | -7 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|
Debtor Days | 190 | 153 | 124 | 94 | 85 |
Inventory Days | 4,859 | ||||
Days Payable | 165 | ||||
Cash Conversion Cycle | 190 | 4,848 | 124 | 94 | 85 |
Working Capital Days | 2,078 | 702 | 666 | 600 | 444 |
ROCE % | 17% | 21% | 30% | 25% |
Documents
Announcements
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Closure of Trading Window
2d - Closure of trading window from October 1, 2024.
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Voting Results Under Regulation 44(3) Of SEBI(LODR) Regulations, 2015 In Respect Of AGM Held On September 26, 2024
2d - Voting results of Suraj Estate Developers' AGM held on September 26, 2024.
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Shareholder Meeting / Postal Ballot-Scrutinizer''s Report
2d - Voting results of Suraj Estate Developers' AGM held on September 26, 2024.
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Shareholder Meeting / Postal Ballot-Outcome of AGM
2d - Summary of 38th AGM proceedings of Suraj Estate Developers.
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
14 Sep - Suraj Estate Developers raises Rs. 500 Crores via equity shares.
Concalls
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Aug 2024Transcript PPT
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May 2024Transcript PPT
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Feb 2024TranscriptNotesPPT
Property Portfolio[1] SEDL has land parcels located at Bandra (West) and Santacruz (East) for future development. As of October 31, 2023, they have land reserves of 10,359.77 sq. meters (Land parcels admeasuring 9,631.35 sq. meters situated at Bandra (West), and land parcels admeasuring 728.42 sq. meters located at Santacruz (East).