Why is Surana Solar Ltd ?
1
Weak Long Term Fundamental Strength with a -225.63% 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 -1.78
- The company has been able to generate a Return on Equity (avg) of 1.56% signifying low profitability per unit of shareholders funds
2
Risky - Negative EBITDA
- The company has recorded a negative EBITDA of Rs. -0.92 cr
- Over the past year, while the stock has generated a return of -19.06%, its profits have risen by 633%
- The stock is trading risky as compared to its average historical valuations
3
Below par performance in long term as well as near term
- Along with generating -19.06% returns in the last 1 year, the stock has also underperformed BSE500 in the last 3 years, 1 year and 3 months
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
-19.06%
-0.47
40.23%
Sensex
-3.81%
-0.28
13.58%
Quality key factors
Factor
Value
Sales Growth (5y)
4.82%
EBIT Growth (5y)
-225.63%
EBIT to Interest (avg)
-1.78
Debt to EBITDA (avg)
1.20
Net Debt to Equity (avg)
-0.12
Sales to Capital Employed (avg)
0.49
Tax Ratio
15.46%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
0.19%
ROCE (avg)
-3.38%
ROE (avg)
1.56%
Valuation Key Factors 
Factor
Value
P/E Ratio
20
Industry P/E
29
Price to Book Value
2.25
EV to EBIT
-38.81
EV to EBITDA
-122.63
EV to Capital Employed
2.42
EV to Sales
3.42
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
-10.14%
ROE (Latest)
11.14%
Loading Valuation Snapshot...
Technical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bullish
Bearish
RSI
No Signal
Bearish
Bollinger Bands
Mildly Bullish
Bearish
Moving Averages
Mildly Bullish (Daily)
KST
Mildly Bearish
Bearish
Dow Theory
Mildly Bullish
Mildly Bullish
OBV
Mildly Bullish
Mildly Bullish
Technical Movement
27What is working for the Company
NET SALES(Latest six months)
Higher at Rs 30.76 cr
PAT(Q)
Highest at Rs 5.44 cr.
EPS(Q)
Highest at Rs 1.11
-1What is not working for the Company
NON-OPERATING INCOME(Q)
is 99.84 % of Profit Before Tax (PBT
Loading Valuation Snapshot...
Here's what is working for Surana Solar
Net Sales - Latest six months
At Rs 30.76 cr has Grown at 567.25%
Year on Year (YoY)MOJO Watch
Sales trend is very positive
Net Sales (Rs Cr)
Profit After Tax (PAT) - Quarterly
At Rs 5.44 cr has Grown at 1654.8% (vs previous 4Q average)
over average PAT of the previous four quarters of Rs 0.31 CrMOJO Watch
Near term PAT trend is very positive
PAT (Rs Cr)
Net Sales - Latest six months
Higher at Rs 30.76 cr
than preceding 12 month period ended Jun 2026 of Rs 9.75 crMOJO Watch
In the half year the company has already crossed sales of the previous twelve months
Net Sales (Rs Cr)
Profit After Tax (PAT) - Quarterly
Highest at Rs 5.44 cr.
in the last five quartersMOJO Watch
Near term PAT trend is positive
PAT (Rs Cr)
Earnings per Share (EPS) - Quarterly
Highest at Rs 1.11
in the last five quartersMOJO Watch
Increasing profitability; company has created higher earnings for shareholders
EPS (Rs)
Here's what is not working for Surana Solar
Non Operating Income - Quarterly
is 99.84 % of Profit Before Tax (PBT)
MOJO Watch
The company's income from non business activities is high; which is not a sustainable business model
Non Operating Income to PBT






