Surana Solar

Who are in the management team of Surana Solar?

As of March 2022, the management team of Surana Solar includes Narender Surana, Devendra Surana, R Surender Reddy, Manish Surana, Sanjana Jain, Yashita Pansari, N Krupakar Reddy, and Baunakar Shekarnath, featuring a mix of directors and a compliance officer.

As of March 2022, the management team of Surana Solar includes the following individuals:<BR><BR>1. Narender Surana - Director<BR>2. Devendra Surana - Director<BR>3. R Surender Reddy - Independent Director<BR>4. Manish Surana - Non Executive Director<BR>5. Sanjana Jain - Independent Director<BR>6. Yashita Pansari - Company Secretary & Compliance Officer<BR>7. N Krupakar Reddy - Independent Director<BR>8. Baunakar Shekarnath - Whole-Time Director & Additional Director<BR><BR>This team comprises a mix of directors, including independent and non-executive members, as well as a compliance officer.

Has Surana Solar declared dividend?

Surana Solar Ltd has declared a 10% dividend, amounting to ₹0.5 per share, with an ex-date of September 23, 2015. Despite the dividend declaration, the dividend yield is 0%, and total returns have varied significantly over different periods, showing strong long-term growth despite recent short-term declines.

Surana Solar Ltd has declared a 10% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 10%<BR>- Amount per share: 0.5<BR>- Ex-date: 23 Sep 15<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>In the 6 months period, the price return was -30.8%, the dividend return was 0%, resulting in a total return of -30.8%.<BR><BR>In the 1 year period, the price return was -4.77%, the dividend return was 0%, leading to a total return of -4.77%.<BR><BR>Over the 2 years period, the price return was 84.64%, with a dividend return of 0%, culminating in a total return of 84.64%.<BR><BR>In the 3 years period, the price return was 56.15%, the dividend return was 0%, which resulted in a total return of 56.15%.<BR><BR>For the 4 years period, the price return was 256.84%, with a dividend return of 0%, giving a total return of 256.84%.<BR><BR>In the 5 years period, the price return was 421.26%, the dividend return was 0%, resulting in a total return of 421.26%.<BR><BR>Overall, while Surana Solar has declared a dividend, the dividend yield remains at 0%. The total returns over various periods show significant fluctuations, particularly a strong performance over the longer term, indicating potential growth despite recent declines in shorter periods.

Who are the peers of the Surana Solar?

Surana Solar's peers include A B B, Siemens, CG Power & Ind, Suzlon Energy, BHEL, Aartech Solonics, G G Engineering, Tarapur Trans, and Neueon Towers. In terms of management risk, Surana Solar is rated below average, with a 1-year return of -5.37%, better than G G Engineering's -69.70% but worse than Suzlon Energy's 37.13%.

Peers: The peers of Surana Solar are A B B, Siemens, CG Power & Ind, Suzlon Energy, BHEL, Aartech Solonics, G G Engineering, Tarapur Trans, Neueon Towers.<BR><BR>Quality Snapshot: Excellent management risk is observed at CG Power & Ind, while Good management risk is found at A B B and Siemens. Average management risk is noted for BHEL and Suzlon Energy, while Below Average management risk is present at Aartech Solonics, Surana Solar, G G Engineering, and Tarapur Trans. Growth is Excellent for Suzlon Energy and BHEL, Good for CG Power & Ind and A B B, while Below Average growth is seen at Surana Solar, Aartech Solonics, and Tarapur Trans. Capital Structure is Excellent at A B B, Good at CG Power & Ind and BHEL, while Below Average is noted for Aartech Solonics, G G Engineering, Tarapur Trans, and Neueon Towers.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Suzlon Energy at 37.13%, while G G Engineering has the lowest at -69.70%. Surana Solar's 1-year return of -5.37% is better than G G Engineering's but worse than Suzlon Energy's. Additionally, Aartech Solonics, G G Engineering, and Tarapur Trans have negative six-month returns.

Is Surana Solar overvalued or undervalued?

As of May 5, 2025, Surana Solar is considered risky and overvalued with a PE ratio of 178.72 and negative ROCE of -1.99%, despite a recent stock return of 16.74%, due to its unfavorable comparison with peers in the heavy electrical equipment industry.

As of 5 May 2025, Surana Solar's valuation grade has moved from very expensive to risky, indicating a significant shift in its market perception. The company appears to be overvalued based on its current metrics, with a PE ratio of 178.72, an EV to EBITDA ratio of 171.86, and a Price to Book Value of 3.18. These ratios suggest that investors are paying a premium for the company's earnings and assets, which may not be justified given its negative ROCE of -1.99% and a low ROE of 0.12%.<BR><BR>When compared to peers in the heavy electrical equipment industry, Surana Solar's valuation stands out unfavorably. For instance, while Surana Solar has a PE ratio of 178.72, other companies in the sector may have significantly lower ratios, indicating that they are potentially more attractive investments. Additionally, despite a recent 1-month stock return of 16.74%, which outperformed the Sensex's 3.86%, the year-to-date performance shows a decline of 19.63%, further reinforcing the notion that Surana Solar is overvalued in its current state.

What is the technical trend for Surana Solar?

As of April 16, 2025, Surana Solar's technical trend is mildly bearish, influenced by daily moving averages and mixed signals from the MACD and Bollinger Bands, despite some mildly bullish indicators on the weekly timeframe.

As of 16 April 2025, the technical trend for Surana Solar has changed from bearish to mildly bearish. The weekly MACD indicates a mildly bullish stance, while the monthly MACD shows a mildly bearish outlook. The Bollinger Bands are mildly bullish on the weekly chart but bearish on the monthly, suggesting mixed signals. Moving averages on the daily timeframe are mildly bearish, which aligns with the overall bearish sentiment. The KST is mildly bullish weekly but mildly bearish monthly, and Dow Theory supports a mildly bullish view on both weekly and monthly timeframes. Overall, the current technical stance is mildly bearish, driven primarily by the daily moving averages and the mixed signals from the MACD and Bollinger Bands.

When is the next results date for Surana Solar?

The next results date for Surana Solar is July 3, 2025.

The next results date for Surana Solar is scheduled for July 3, 2025.

What does Surana Solar do?

Surana Solar Ltd manufactures solar photovoltaic (PV) modules and operates in the heavy electrical equipment industry. As of March 2025, it reported net sales of 25 Cr and a net loss of 7 Cr, with a market cap of INR 166 Cr.

Overview:<BR>Surana Solar Ltd manufactures solar energy systems, focusing on solar photovoltaic (PV) modules, and operates within the heavy electrical equipment industry as a micro-cap company.<BR><BR>History:<BR>Surana Ventures Limited (SVL) was incorporated in 2006 and is the flagship company of the Surana Group. The latest quarterly results reported net sales and net profit for the period ending March 2025.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: 25 Cr (Quarterly Results - Mar 2025) <BR>Most recent Net Profit: -7 Cr (Quarterly Results - Mar 2025) <BR>Market-cap value: INR 166 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 166.00 <BR>Industry P/E: 61 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: -0.12 <BR>Return on Equity: 0.12% <BR>Price to Book: 2.98<BR><BR>Contact Details:<BR>Address: Plot No 212/3 & 4 Phase II, IDA Cherlapally Hyderabad Telangana : 500051 <BR>Email: cs@surana.com/surana@surana.com <BR>Website: http://www.suranasolar.com

Who are the top shareholders of the Surana Solar?

The top shareholders of Surana Solar include Surana Telecom And Power Limited with 36.21%, individual investors with 50.21%, two mutual funds at 0.03%, and two foreign institutional investors with a combined 0.35%. There are no pledged promoter holdings or significant public shareholders.

The top shareholders of Surana Solar include Surana Telecom And Power Limited, which holds the largest stake at 36.21%. Additionally, individual investors collectively own 50.21% of the company. There are also two mutual funds that hold a small percentage (0.03%) and two foreign institutional investors (FIIs) with a combined holding of 0.35%. Notably, there are no pledged promoter holdings or significant public shareholders listed.

How big is Surana Solar?

As of 24th July, Surana Solar Ltd has a market capitalization of 163.00 Cr, classified as a Micro Cap, with recent net sales of 38.80 Cr and a net profit of 0.07 Cr over the latest four quarters. Shareholder's funds and total assets values are not available.

As of 24th July, <BR><BR>Market Cap: Surana Solar Ltd has a market capitalization of 163.00 Cr and is classified as a Micro Cap.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 38.80 Cr, while the sum of Net Profit for the same period is 0.07 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period is the latest annual period, but the values for Shareholder's Funds and Total Assets are not available.

Are Surana Solar latest results good or bad?

Surana Solar's latest results are concerning, showing a 17.06% decline in revenue despite a 124.39% increase in net profit due to non-operating income. The company faces significant operational challenges, with a deteriorating operating margin and low return on equity, indicating that the overall performance is more negative than positive.

Surana Solar's latest results indicate a challenging situation for the company. While the net profit for Q1 FY26 showed a significant increase of 124.39% quarter-on-quarter, reaching ₹0.20 crore, this improvement is largely overshadowed by a 17.06% decline in revenue, which fell to ₹2.09 crore. This marks a continuation of revenue weakness that the company has been experiencing.<BR><BR>The operating margin has deteriorated sharply, now at -86.12%, compared to -43.65% in the previous quarter, indicating severe operational distress. Additionally, the return on equity (ROE) is extremely low at 0.12%, reflecting a lack of profitability and efficiency in generating returns for shareholders.<BR><BR>Despite a positive turn in net profit due to exceptional other income, which accounted for a significant portion of profit before tax, the core business remains fundamentally unprofitable. The company’s reliance on non-operating income raises concerns about its sustainability.<BR><BR>Overall, while there are some positive aspects, such as a debt-free balance sheet, the operational challenges and declining revenue suggest that the latest results are more bad than good. Investors should be cautious, as the company faces significant hurdles in improving its financial performance.

Should I buy, sell or hold Surana Solar?

How has been the historical performance of Surana Solar?

Surana Solar's historical performance has shown a significant decline from March 2013 to March 2025, with net sales dropping from 94.91 Cr to 38.80 Cr, and profit after tax turning negative from 2.58 Cr to -0.05 Cr, indicating a challenging financial situation. Key metrics such as operating profit margin and cash flow from operating activities also deteriorated substantially during this period.

Answer:<BR>The historical performance of Surana Solar shows a significant decline from March 2013 to March 2025.<BR><BR>Breakdown:<BR>In March 2013, Surana Solar reported net sales of 94.91 Cr, which plummeted to 38.80 Cr by March 2025. Total operating income followed a similar trend, decreasing from 94.91 Cr to 38.80 Cr. The raw material cost also saw a reduction from 80.11 Cr to 34.10 Cr, while total expenditure excluding depreciation decreased from 85.93 Cr to 38.35 Cr. Operating profit (PBDIT) fell sharply from 9.61 Cr in March 2013 to just 1.63 Cr in March 2025, and profit before tax turned negative, dropping from 3.58 Cr to -0.07 Cr. Consequently, profit after tax also declined from 2.58 Cr to -0.05 Cr, resulting in a negative earnings per share of -0.01 in March 2025 compared to a positive 0.52 in March 2013. The operating profit margin decreased from 9.46% to 1.16%, and the profit after tax margin fell from 2.72% to -0.13%. Cash flow from operating activities decreased significantly from 17.60 Cr to 1.00 Cr, and the closing cash and cash equivalents dropped from 5.12 Cr to 0.00 Cr, indicating a challenging financial situation for the company over the years.

Which are the latest news on Surana Solar?

Why is Surana Solar Ltd falling/rising?

As of 22-Jan, Surana Solar Ltd's stock price is at Rs. 23.54, reflecting a 0.63% decrease and a significant downward trend with a 9.88% loss over the past week. The company faces financial challenges, including operating losses, a negative EBIT to interest ratio, and a 75.68% drop in net sales, indicating weak performance and high risk for investors.

As of 22-Jan, Surana Solar Ltd's stock price is falling, currently at Rs. 23.54, which reflects a decrease of Rs. 0.15 or 0.63%. The stock has been on a downward trend, having lost 9.88% over the past week and 12.72% over the past month. Today, the stock hit a new 52-week low of Rs. 22.6, indicating significant weakness in its performance.<BR><BR>The company's financial health is concerning, with operating losses and a weak long-term fundamental strength. The average EBIT to interest ratio is -1.64, suggesting difficulties in servicing its debt. Additionally, the company has reported a return on equity of only 1.34%, indicating low profitability. The net sales for the last nine months have plummeted by 75.68%, and the company has recorded its lowest quarterly PBDIT and PBT figures, both negative.<BR><BR>Moreover, the stock is trading below its moving averages across various time frames, which typically signals bearish sentiment among investors. The renewable energy sector, in contrast, has seen gains of 2.89%, further highlighting Surana Solar's underperformance. Although there has been a slight increase in delivery volume, the overall liquidity remains low, and the stock is considered risky due to negative EBITDA and poor historical valuations. Overall, these factors contribute to the stock's decline.