Why is Surana Solar Ltd ?
1
Weak Long Term Fundamental Strength with a -237.64% CAGR growth in Operating Profits over the last 5 years
- Company's ability to service its debt is weak with a poor EBIT to Interest (avg) ratio of -1.74
- The company has been able to generate a Return on Equity (avg) of 1.56% signifying low profitability per unit of shareholders funds
2
Flat results in Mar 26
- NET SALES(9M) At Rs 18.75 cr has Grown at -31.67%
- PAT(9M) At Rs 0.96 cr has Grown at -31.67%
3
Risky - Negative EBITDA
- The company has recorded a negative EBITDA of Rs. -3.14 cr
- Over the past year, while the stock has generated a return of -25.21%, its profits have risen by 117% ; the PEG ratio of the company is 0.1
- The stock is trading risky as compared to its average historical valuations
4
Underperformed the market in the last 1 year
- Even though the market (BSE500) generated negative returns of -0.28% in the last 1 year, its fall in the stock was much higher with a return of -25.21%
How much should you sell?
- All quantity irrespective of whether you are making profits or losses
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Heavy Electrical Equipment)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is Surana Solar for you?
High Risk, Low Return
Absolute
Risk Adjusted
Volatility
Surana Solar
-25.46%
-0.64
39.62%
Sensex
-5.93%
-0.44
13.24%
Quality key factors
Factor
Value
Sales Growth (5y)
-5.69%
EBIT Growth (5y)
-237.64%
EBIT to Interest (avg)
-1.74
Debt to EBITDA (avg)
1.20
Net Debt to Equity (avg)
-0.12
Sales to Capital Employed (avg)
0.49
Tax Ratio
21.02%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
0.04%
ROCE (avg)
-3.38%
ROE (avg)
1.56%
Valuation Key Factors 
Factor
Value
P/E Ratio
109
Industry P/E
32
Price to Book Value
2.35
EV to EBIT
-25.01
EV to EBITDA
-40.94
EV to Capital Employed
2.54
EV to Sales
6.17
PEG Ratio
0.07
Dividend Yield
NA
ROCE (Latest)
-10.14%
ROE (Latest)
2.16%
Loading Valuation Snapshot...
Technical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bullish
Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bullish
Mildly Bearish
Moving Averages
Mildly Bearish (Daily)
KST
Bullish
Bearish
Dow Theory
Mildly Bullish
No Trend
OBV
Mildly Bullish
Mildly Bullish
Technical Movement
6What is working for the Company
NET SALES(Latest six months)
At Rs 16.17 cr has Grown at 22.87%
PAT(Latest six months)
Higher at Rs 0.42 cr
-4What is not working for the Company
NET SALES(9M)
At Rs 18.75 cr has Grown at -31.67%
PAT(9M)
At Rs 0.96 cr has Grown at -31.67%
Loading Valuation Snapshot...
Here's what is working for Surana Solar
Net Sales - Latest six months
At Rs 16.17 cr has Grown at 22.87%
Year on Year (YoY)MOJO Watch
Near term sales trend is positive
Net Sales (Rs Cr)
Profit After Tax (PAT) - Latest six months
Higher at Rs 0.42 cr
than preceding 12 month period ended Mar 2026 of Rs 0.28 crMOJO Watch
In the half year the company has already crossed PAT of the previous twelve months
PAT (Rs Cr)






