Suraj Ltd

Suraj Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Suraj Ltd

₹ 441 0.23%
06 Nov - close price
surajgroup.com BSE: 531638 NSE: SURAJLTD
About

Incorporated in 1994, Suraj Ltd manufactures tube and tube fittings of basic iron and steel[1]

Key Points

Business Overview:[1]
SL is a part of Suraj Group. It manufactures
and sells stainless Steel Seamless Pipes, Tubes & ‘U’ Tubes, flanges and fittings with electro-polishing, etc., and specializes in tubing for Heat exchangers, LP/HP Heater, Condensers, Heating Elements and duly annealed, pickled, tubes with 30-meters length tubes

Website BSE NSE - BE
  • Market Cap ₹ 812 Cr.
  • Current Price ₹ 441
  • High / Low ₹ 481 / 162
  • Stock P/E 38.4
  • Book Value ₹ 71.0
  • Dividend Yield 0.34 %
  • ROCE 23.5 %
  • ROE 18.0 %
  • Face Value ₹ 10.0
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Pros

  • Company has delivered good profit growth of 70.5% CAGR over last 5 years
  • Company's working capital requirements have reduced from 61.7 days to 47.7 days

Cons

* 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: Steel Industry: Steel - Medium / Small

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
73.48 93.95 116.36 83.14 107.78 93.37 82.35 76.49 84.92 93.09 76.17 54.74 56.64
70.02 90.53 113.88 77.83 103.59 87.40 62.84 67.24 77.44 81.60 64.92 45.72 48.31
Operating Profit 3.46 3.42 2.48 5.31 4.19 5.97 19.51 9.25 7.48 11.49 11.25 9.02 8.33
OPM % 4.71% 3.64% 2.13% 6.39% 3.89% 6.39% 23.69% 12.09% 8.81% 12.34% 14.77% 16.48% 14.71%
0.83 1.29 2.22 0.73 1.08 1.95 1.90 0.37 0.98 0.73 1.37 0.49 1.56
Interest 1.35 1.25 1.69 1.27 0.78 0.76 1.29 0.66 0.85 0.78 1.38 0.73 0.80
Depreciation 1.81 1.84 1.85 1.87 1.90 2.04 2.11 2.16 2.24 2.40 2.58 2.70 2.55
Profit before tax 1.13 1.62 1.16 2.90 2.59 5.12 18.01 6.80 5.37 9.04 8.66 6.08 6.54
Tax % 36.28% 32.72% 36.21% 28.62% 28.19% 31.05% 29.65% 29.26% 29.24% 29.31% 30.83% 30.92% 30.73%
0.72 1.09 0.74 2.06 1.85 3.54 12.67 4.81 3.79 6.40 5.99 4.21 4.54
EPS in Rs 0.37 0.57 0.38 1.07 0.96 1.93 6.90 2.62 2.06 3.49 3.26 2.29 2.47
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
265 238 248 153 196 207 179 176 188 344 367 331 281
230 211 224 136 180 190 162 159 175 331 332 291 241
Operating Profit 36 27 24 17 16 17 18 17 14 12 35 39 40
OPM % 13% 11% 10% 11% 8% 8% 10% 10% 7% 4% 10% 12% 14%
1 1 3 1 0 0 0 1 4 5 6 3 4
Interest 16 11 10 10 9 10 10 10 9 6 4 4 4
Depreciation 10 11 7 7 6 6 7 7 7 7 8 9 10
Profit before tax 11 6 9 1 1 1 1 2 2 5 29 30 30
Tax % 33% 36% 26% 25% 38% 60% -48% 38% 29% 35% 30% 31%
7 4 7 0 0 0 1 1 1 3 20 21 21
EPS in Rs 3.71 1.91 3.58 0.20 0.22 0.20 0.73 0.50 0.71 1.56 10.96 11.25 11.51
Dividend Payout % 40% 79% 42% 0% 0% 0% 0% 0% 0% 0% 0% 13%
Compounded Sales Growth
10 Years: 3%
5 Years: 13%
3 Years: 21%
TTM: -17%
Compounded Profit Growth
10 Years: 18%
5 Years: 70%
3 Years: 149%
TTM: -15%
Stock Price CAGR
10 Years: 17%
5 Years: 63%
3 Years: 99%
1 Year: 168%
Return on Equity
10 Years: 6%
5 Years: 10%
3 Years: 14%
Last Year: 18%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 19 19 19 19 19 19 19 19 19 19 18 18 18
Reserves 62 63 66 66 66 66 68 69 70 73 85 103 112
132 121 130 122 116 112 99 81 56 35 22 34 51
23 22 20 8 28 16 12 20 24 30 20 29 32
Total Liabilities 236 225 235 216 229 213 198 188 169 158 146 185 214
84 78 74 68 63 61 57 54 49 49 60 85 87
CWIP 0 0 0 0 3 0 0 0 0 0 0 0 0
Investments 0 0 0 0 0 0 0 0 0 0 0 13 13
153 147 160 147 164 152 141 134 119 109 86 87 114
Total Assets 236 225 235 216 229 213 198 188 169 158 146 185 214

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
19 30 1 10 16 14 26 30 33 33 45 41
-2 -4 -6 5 -2 -1 -2 -4 -2 -7 -19 -47
-15 -24 2 -14 -13 -14 -23 -28 -34 -26 -26 6
Net Cash Flow 1 2 -3 0 0 -1 1 -1 -3 0 -0 -0

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 40 31 40 78 79 74 62 45 48 30 33 38
Inventory Days 190 225 212 343 242 220 234 273 194 80 38 39
Days Payable 9 13 15 6 42 20 16 36 40 27 7 22
Cash Conversion Cycle 221 244 237 415 279 274 281 282 203 82 64 55
Working Capital Days 160 167 187 325 248 238 255 233 186 83 54 48
ROCE % 13% 8% 8% 5% 5% 5% 6% 7% 7% 8% 26% 24%

Shareholding Pattern

Numbers in percentages

Sep 2021Dec 2021Mar 2022Jun 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
74.70% 74.70% 74.70% 74.70% 75.32% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00%
0.35% 0.32% 0.32% 0.35% 0.39% 0.38% 0.38% 0.38% 0.38% 0.38% 0.38% 0.38%
24.95% 24.98% 24.98% 24.95% 24.30% 24.62% 24.62% 24.62% 24.62% 24.62% 24.63% 24.61%
No. of Shareholders 1,5493,8603,3663,1012,9602,7762,7482,4942,7333,2783,1413,192

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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