Suraj

Why is Suraj Ltd falling/rising?

As of 26-Aug, Suraj Ltd's stock price is currently at 216.80, reflecting a short-term increase of 5.76%. However, the stock has significantly underperformed over the past year and shows a challenging long-term outlook despite recent price fluctuations.

As of 26-Aug, Suraj Ltd's stock price is rising, currently at 216.80, reflecting an increase of 11.8 points or 5.76%. This rise comes despite the stock's recent performance, where it has underperformed compared to the benchmark Sensex, particularly over the longer term. For instance, over the past year, Suraj Ltd has seen a decline of 34.33%, while the Sensex has only decreased by 4.10%. <BR><BR>Additionally, the stock has been trading lower than its moving averages across various time frames, indicating a general downward trend. The stock's performance today has also been marked by erratic trading, as it did not trade on 2 out of the last 20 days. Furthermore, there has been a significant drop in investor participation, with delivery volume falling by 46.6% against the 5-day average. <BR><BR>Despite these negative indicators, the current rise in price may be attributed to short-term trading activity or market corrections, as the stock has shown a positive return of 5.65% over the past week, contrasting with its longer-term declines. However, the overall context suggests that while there is a short-term increase, the long-term outlook remains challenging for Suraj Ltd.

Which are the latest news on Suraj?

Who are in the management team of Suraj?

The management team of Suraj includes Ashok T Shah (Chairman & CFO), Kunal T Shah (Managing Director), and several other directors and officers, all contributing to the company's governance and strategic direction.

The management team of Suraj includes the following individuals:<BR><BR>1. **Ashok T Shah** - Chairman & CFO<BR>2. **Gunvant T Shah** - Whole-time Director<BR>3. **Kunal T Shah** - Managing Director<BR>4. **Shilpa Ben Mangaldas Patel** - Whole-time Director<BR>5. **Maunishkumar S Gandhi** - Company Secretary & Compliance Officer<BR>6. **Anil Kanwal Gidwani** - Non-Executive & Independent Director<BR>7. **Rajesh Chimanlal Kharandi** - Non-Executive & Independent Director<BR>8. **Altesh Jayantilal Shah** - Independent Director<BR>9. **Jagrutkumar Mehta** - Independent Director<BR><BR>This team plays a crucial role in the governance and strategic direction of the company.

What does Suraj do?

Suraj Ltd is a Micro Cap manufacturer of stainless steel seamless pipes, tubes, and fittings, with net sales of 39 Cr and a net profit of 4 Cr reported for June 2026. The company, originally incorporated in 1994, has a market cap of INR 404 Cr and key metrics including a P/E of 50.00 and a dividend yield of 0.68%.

Overview:<BR>Suraj Ltd is a leading manufacturer of stainless steel seamless pipes, tubes, and fittings, operating within the Iron & Steel Products industry and categorized as a Micro Cap company.<BR><BR>History:<BR>Suraj Ltd was initially incorporated as Suraj Finsec Limited in 1994, underwent name changes to Suraj Stainless Limited in 1999, and finally to Suraj Limited in 2011. The most recent quarterly results reported net sales and net profit for June 2026.<BR><BR>Financial Snapshot:<BR>- Net Sales: 39 Cr (Quarterly Results - Jun 2026)<BR>- Net Profit: 4 Cr (Quarterly Results - Jun 2026)<BR>- Market Cap: INR 404 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: 50.00<BR>- Industry P/E: 24<BR>- Dividend Yield: 0.68%<BR>- Debt Equity: 0.44<BR>- Return on Equity: 5.42%<BR>- Price to Book: 2.95<BR><BR>Contact Details:<BR>Address: Suraj House Ashram Road, Opp Usmanpura Garden Ahmedabad Gujarat : 380014<BR>Tel: 91-079-27540720/27540721<BR>Email: suraj@surajgroup.com<BR>Website: http://www.surajgroup.com

Who are the peers of the Suraj?

Suraj's peers include Scoda Tubes, Rama Steel Tubes, Panchmahal Steel, Azad India, Aerpace Indus, Shah Metacorp, Manaksia, Bedmutha Indus, and Supershakti Met. In terms of management risk, growth, and capital structure, Suraj ranks average among its peers, with a 1-year return of -32.85%.

Peers: Scoda Tubes, Rama Steel Tubes, Panchmahal Steel, Azad India, Aerpace Indus, Shah Metacorp, Manaksia, Bedmutha Indus., Supershakti Met.<BR><BR>Quality Snapshot: Excellent management risk is observed at Azad India and Manaksia, while Average management risk is found at Scoda Tubes, Rama Steel Tubes, Panchmahal Steel, Suraj, and Supershakti Met. Below Average management risk is present at Aerpace Indus, Shah Metacorp, and Bedmutha Indus. Growth is Excellent at Azad India, Good at Scoda Tubes and Bedmutha Indus, while Below Average growth is noted at Rama Steel Tubes, Panchmahal Steel, Suraj, Aerpace Indus, Shah Metacorp, and Manaksia. Average growth is found at Scoda Tubes, while Excellent capital structure is observed at Manaksia and Supershakti Met, Average capital structure is seen at Scoda Tubes, Panchmahal Steel, and Suraj, and Below Average capital structure is noted at Rama Steel Tubes, Aerpace Indus, Shah Metacorp, and Bedmutha Indus.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Aerpace Indus at 50.00%, while the lowest is Rama Steel Tubes at -57.71%. Suraj's own 1-year return is -32.85%, which is higher than Rama Steel Tubes but lower than Aerpace Indus. Additionally, the six-month return is negative for Rama Steel Tubes, Panchmahal Steel, and Bedmutha Indus.

How big is Suraj?

Summary could not be generated.

As of 14th August, Suraj Ltd has a market capitalization of 413.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Suraj Ltd reported net sales of 194.53 Cr and a net profit of 8.32 Cr.<BR><BR>The reporting period for the balance sheet data is the latest annual period, but specific values for Shareholder's Funds and Total Assets are unavailable.

Are Suraj Ltd latest results good or bad?

Suraj Ltd's latest results show a 31.02% increase in net profit to ₹3.59 crore, indicating improved profitability, but a significant 22.47% decline in net sales to ₹39.03 crore raises concerns about demand in the market. Overall, while margins have improved, the drop in revenue suggests ongoing operational challenges.

Suraj Ltd's latest results present a mixed picture. On one hand, the company achieved a consolidated net profit of ₹3.59 crore for Q1 FY27, which is a significant increase of 31.02% year-on-year. This reflects strong operational efficiency and improved profitability, as evidenced by the operating margin rising to 16.47%, up from 9.61% in the same quarter last year.<BR><BR>However, the company faced substantial challenges in terms of revenue, with net sales declining by 22.47% year-on-year to ₹39.03 crore. This marks the lowest quarterly revenue in over a year and raises concerns about demand conditions in the stainless steel pipes and tubes market. The sequential decline from the previous quarter further highlights the difficulties the company is experiencing.<BR><BR>In summary, while Suraj Ltd has made strides in improving profitability through better margins, the significant drop in sales indicates ongoing operational challenges that could impact its long-term growth prospects. Investors should consider both the positive margin expansion and the concerning revenue decline when evaluating the company's performance.

When is the next results date for Suraj Ltd?

The next results date for Suraj Ltd is 23 July 2026.

The next results date for Suraj Ltd is scheduled for 23 July 2026.

Should I buy, sell or hold Suraj Ltd?

Is Suraj technically bullish or bearish?

As of November 20, 2025, Suraj's technical trend has shifted to a bearish stance, supported by bearish MACD, moving averages, and Bollinger Bands, despite some mild bullishness in the KST.

As of 20 November 2025, the technical trend for Suraj has changed from mildly bearish to bearish. The current stance is bearish with moderate strength. The weekly MACD is bearish, and the daily moving averages confirm a bearish outlook. Bollinger Bands on the weekly timeframe are mildly bearish, while the monthly perspective shows a bearish trend. The Dow Theory also indicates a mildly bearish stance on both weekly and monthly charts. Although the KST shows mild bullishness on the weekly, it is outweighed by the overall bearish indicators. The RSI shows no signals, indicating a lack of momentum in either direction. Overall, the combination of these indicators suggests a bearish sentiment for Suraj in the near term.

How has been the historical performance of Suraj?

Suraj's historical performance shows a declining trend in key financial metrics, with net sales dropping from INR 366.64 crore in March 2023 to INR 233.74 crore in March 2025, alongside decreases in operating profit, profit before tax, profit after tax, and earnings per share. Overall, the company's financial performance has weakened over the observed period.

Answer:<BR>The historical performance of Suraj shows a fluctuating trend in key financial metrics over the years.<BR><BR>Breakdown:<BR>Suraj's net sales have seen a decline from INR 366.64 crore in March 2023 to INR 233.74 crore in March 2025, with a peak of INR 366.64 crore in March 2023. The total operating income followed a similar trend, decreasing from INR 366.64 crore in March 2023 to INR 233.74 crore in March 2025. The total expenditure, excluding depreciation, also decreased from INR 331.66 crore in March 2023 to INR 205.46 crore in March 2025. Operating profit (PBDIT) decreased from INR 40.65 crore in March 2023 to INR 32.51 crore in March 2025, while profit before tax dropped from INR 28.62 crore in March 2023 to INR 16.89 crore in March 2025. Profit after tax showed a decline from INR 20.12 crore in March 2023 to INR 11.70 crore in March 2025. The earnings per share (EPS) also decreased from INR 10.96 in March 2023 to INR 7.24 in March 2025. Overall, Suraj's financial performance reflects a downward trend in sales and profits over the observed period.

Is Suraj overvalued or undervalued?

As of October 6, 2025, Suraj is fairly valued with a PE ratio of 56.01 and an EV to EBITDA of 26.70, but has underperformed with a year-to-date return of -39.27% compared to a 4.67% gain in the Sensex.

As of 6 October 2025, the valuation grade for Suraj has moved from expensive to fair. The company is currently fairly valued. Key ratios include a PE ratio of 56.01, an EV to EBITDA of 26.70, and a ROE of 10.01%. In comparison to peers, JSW Steel has a PE ratio of 55.4 and Tata Steel has a PE ratio of 43.72, indicating that Suraj's valuation is in line with its industry but on the higher end.<BR><BR>Despite the fair valuation, Suraj has faced significant stock performance challenges, with a year-to-date return of -39.27% compared to a 4.67% gain in the Sensex. This underperformance may suggest that while the stock is fairly valued based on ratios, market sentiment and external factors could be influencing its price negatively.

Who are the top shareholders of the Suraj?

The top shareholders of Suraj include Anilaben Ashokkumar Shah with 19.43%, Dinesh Stainless Private Ltd at 3.74%, and individual investors holding 19.31%. There are no pledged promoter holdings, and the company has no mutual funds or foreign institutional investors.

The top shareholders of Suraj include the promoters, with Anilaben Ashokkumar Shah holding the highest stake at 19.43%. Additionally, Dinesh Stainless Private Ltd is the largest public shareholder, owning 3.74%. Individual investors collectively hold 19.31% of the shares. Notably, there are no pledged promoter holdings, and the company does not have any mutual funds or foreign institutional investors (FIIs) holding shares.

What is the bonus history of the Suraj?

Suraj Ltd issued a 2:1 bonus on September 14, 2007, with a record date of September 17, 2007, allowing shareholders to receive two additional shares for every one share held.

Suraj Ltd has a bonus history that includes a notable 2:1 bonus issue announced with an ex-date of September 14, 2007. The record date for this bonus was September 17, 2007. This means that shareholders on the record date received two additional shares for every one share they held. If you have any more questions about Suraj or need further details, feel free to ask!

Has Suraj declared dividend?

Yes, Suraj Ltd has declared a 15% dividend, amounting to 1.5 per share, with an ex-date of February 10, 2025. The company has shown strong total returns over various periods, particularly in the long term.

Suraj Ltd has declared a 15% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 15%<BR>- Amount per share: 1.5<BR>- Ex-date: 10 Feb 25<BR><BR>Dividend Yield: 0.39%<BR><BR>Total Returns by Period:<BR>In the last 6 months, the price return was -11.66%, the dividend return was 0.36%, resulting in a total return of -11.3%.<BR><BR>Over the past year, there was a price return of 63.68%, a dividend return of 0.64%, leading to a total return of 64.32%.<BR><BR>In the 2-year period, the price return was 195.0%, with a dividend return of 2.11%, culminating in a total return of 197.11%.<BR><BR>For the 3-year period, the price return stood at 446.86%, the dividend return was 4.23%, which resulted in a total return of 451.09%.<BR><BR>In the last 4 years, the price return was 465.83%, the dividend return was 4.81%, leading to a total return of 470.64%.<BR><BR>Finally, over the 5-year period, the price return reached 1770.0%, with a dividend return of 9.71%, resulting in a total return of 1779.71%.<BR><BR>Overall, Suraj Ltd has declared a dividend, contributing positively to its total returns, especially over longer periods, indicating strong performance and shareholder value enhancement.