Why is Surana Solar Ltd ?
1
With a Operating Losses, the company has a Weak Long Term Fundamental Strength
- Company's ability to service its debt is weak with a poor EBIT to Interest (avg) ratio of -1.64
- The company has been able to generate a Return on Equity (avg) of 1.34% signifying low profitability per unit of shareholders funds
2
Flat results in Sep 25
- NET SALES(9M) At Rs 7.19 cr has Grown at -75.68%
- PBDIT(Q) Lowest at Rs -2.33 cr.
- PBT LESS OI(Q) Lowest at Rs -2.94 cr.
3
Risky - Negative EBITDA
- The stock is trading risky as compared to its average historical valuations
- Over the past year, while the stock has generated a return of -48.95%, its profits have fallen by -29%
4
Below par performance in long term as well as near term
- Along with generating -48.95% 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
-48.63%
-1.26
38.95%
Sensex
4.76%
0.39
11.83%
Quality key factors
Factor
Value
Sales Growth (5y)
-3.03%
EBIT Growth (5y)
-238.89%
EBIT to Interest (avg)
-1.64
Debt to EBITDA (avg)
1.22
Net Debt to Equity (avg)
-0.12
Sales to Capital Employed (avg)
0.50
Tax Ratio
18.18%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
0.04%
ROCE (avg)
-2.22%
ROE (avg)
1.34%
Valuation Key Factors 
Factor
Value
P/E Ratio
490
Industry P/E
37
Price to Book Value
2.40
EV to EBIT
-21.23
EV to EBITDA
-27.95
EV to Capital Employed
2.59
EV to Sales
7.32
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
-12.20%
ROE (Latest)
0.49%
Loading Valuation Snapshot...
Technical key factors
Indicator
Weekly
Monthly
MACD
Bearish
Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Bearish
Dow Theory
Mildly Bearish
Mildly Bearish
OBV
Mildly Bearish
Mildly Bearish
Technical Movement
5What is working for the Company
PAT(Latest six months)
Higher at Rs 0.82 cr
CASH AND CASH EQUIVALENTS(HY)
Highest at Rs 32.30 cr
EPS(Q)
Highest at Rs 0.11
-9What is not working for the Company
NET SALES(9M)
At Rs 7.19 cr has Grown at -75.68%
PBDIT(Q)
Lowest at Rs -2.33 cr.
PBT LESS OI(Q)
Lowest at Rs -2.94 cr.
NON-OPERATING INCOME(Q)
is 502.74 % of Profit Before Tax (PBT
Loading Valuation Snapshot...
Here's what is working for Surana Solar
Profit After Tax (PAT) - Quarterly
Highest at Rs 0.54 cr.
in the last five quartersMOJO Watch
Near term PAT trend is positive
PAT (Rs Cr)
Earnings per Share (EPS) - Quarterly
Highest at Rs 0.11
in the last five quartersMOJO Watch
Increasing profitability; company has created higher earnings for shareholders
EPS (Rs)
Cash and Cash Equivalents - Half Yearly
Highest at Rs 32.30 cr
in the last six half yearly periodsMOJO Watch
Short Term liquidity is improving
Cash and Cash Equivalents
Here's what is not working for Surana Solar
Net Sales - Nine Monthly
At Rs 7.19 cr has Grown at -75.68%
Year on Year (YoY)MOJO Watch
Near term sales trend is very negative
Net Sales (Rs Cr)
Operating Profit (PBDIT) - Quarterly
Lowest at Rs -2.33 cr. and Fallen
each quarter in the last five quartersMOJO Watch
Near term Operating Profit trend is quite negative
Operating Profit (Rs Cr)
Profit Before Tax less Other Income (PBT) - Quarterly
Lowest at Rs -2.94 cr. and Fallen
each quarter in the last five quartersMOJO Watch
Near term PBT trend is very negative
PBT less Other Income (Rs Cr)
Non Operating Income - Quarterly
is 502.74 % 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






