Suraj Ltd

Suraj Ltd

₹ 436 -5.00%
22 Nov - close price
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

  • Market Cap 801 Cr.
  • Current Price 436
  • High / Low 481 / 172
  • Stock P/E 32.1
  • Book Value 73.3
  • Dividend Yield 0.34 %
  • ROCE 24.1 %
  • ROE 18.7 %
  • Face Value 10.0

Pros

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

Loading peers table ...

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2022 Sep 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
48.25 48.62 42.89 48.50 83.14 107.78 82.35 76.49 84.92 93.09 76.17 54.74 56.64
43.45 44.42 38.87 44.00 77.83 103.59 62.84 67.24 77.44 81.60 64.92 45.71 48.31
Operating Profit 4.80 4.20 4.02 4.50 5.31 4.19 19.51 9.25 7.48 11.49 11.25 9.03 8.33
OPM % 9.95% 8.64% 9.37% 9.28% 6.39% 3.89% 23.69% 12.09% 8.81% 12.34% 14.77% 16.50% 14.71%
0.06 0.07 0.08 0.23 0.73 1.08 1.90 0.38 1.41 1.07 1.45 1.98 3.49
Interest 2.47 2.33 2.49 3.12 1.27 0.78 1.29 0.66 0.85 0.78 1.38 0.73 0.80
Depreciation 1.62 1.65 1.66 1.66 1.87 1.90 2.11 2.16 2.24 2.40 2.58 2.70 2.55
Profit before tax 0.77 0.29 -0.05 -0.05 2.90 2.59 18.01 6.81 5.80 9.38 8.74 7.58 8.47
Tax % -49.35% -72.41% -940.00% 1,180.00% 28.62% 28.19% 29.65% 29.22% 27.07% 28.25% 30.55% 24.80% 23.73%
1.15 0.50 0.42 -0.65 2.06 1.85 12.67 4.81 4.23 6.74 6.07 5.70 6.47
EPS in Rs 0.60 0.26 0.22 -0.34 1.07 0.96 6.90 2.62 2.30 3.67 3.31 3.10 3.52
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2007 Mar 2018 Mar 2019 Mar 2023 Mar 2024 TTM
217 207 182 367 331 281
196 191 164 332 291 241
Operating Profit 21 17 18 35 39 40
OPM % 10% 8% 10% 10% 12% 14%
1 0 0 6 4 8
Interest 7 10 10 4 4 4
Depreciation 3 6 7 8 9 10
Profit before tax 12 1 1 29 31 34
Tax % 34% 62% -48% 30% 30%
8 0 1 20 22 25
EPS in Rs 4.78 0.19 0.73 10.96 11.72 13.60
Dividend Payout % 10% 0% 0% 0% 13%
Compounded Sales Growth
10 Years: %
5 Years: 13%
3 Years: %
TTM: -10%
Compounded Profit Growth
10 Years: %
5 Years: 72%
3 Years: %
TTM: 5%
Stock Price CAGR
10 Years: 19%
5 Years: 63%
3 Years: 102%
1 Year: 142%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: 19%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2007 Mar 2018 Mar 2019 Mar 2023 Mar 2024 Sep 2024
Equity Capital 6 19 19 18 18 18
Reserves 30 66 68 85 104 116
68 112 99 22 34 51
31 16 12 20 29 32
Total Liabilities 135 213 198 146 186 218
45 61 57 60 85 87
CWIP 0 0 0 0 0 0
Investments 0 0 0 0 14 17
90 153 141 86 87 114
Total Assets 135 213 198 146 186 218

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2007 Mar 2018 Mar 2019 Mar 2023 Mar 2024
-18 14 27 45 41
-17 -1 -2 -19 -47
38 -14 -24 -26 6
Net Cash Flow 3 -1 1 -0 -0

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2007 Mar 2018 Mar 2019 Mar 2023 Mar 2024
Debtor Days 32 74 61 33 38
Inventory Days 117 220 231 38 39
Days Payable 39 20 15 7 22
Cash Conversion Cycle 110 273 277 64 55
Working Capital Days 96 238 252 65 48
ROCE % 6% 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.

Click on the line-items to see the names of individual entities.

Documents