Suraj Estate

Why is Suraj Estate Developers Ltd falling/rising?

As of 01-Sep, Suraj Estate Developers Ltd's stock price is at 191.00, down 0.2 (-0.1%), reflecting a bearish trend with a year-to-date decline of -27.65% and a one-year drop of -33.86%. The stock is trading below its moving averages, indicating weak fundamentals and reduced institutional confidence.

As of 01-Sep, Suraj Estate Developers Ltd's stock price is currently at 191.00, reflecting a decrease of 0.2 (-0.1%). The stock has been experiencing a downward trend, having fallen for the last two consecutive days, resulting in a total decline of -4.38% during this period. This decline is further supported by the stock's performance over various time frames, where it has reported a significant year-to-date drop of -27.65% and a one-year decrease of -33.86%, both of which are considerably worse than the benchmark Sensex, which has only declined by -9.71% and -4.26% respectively over the same periods.<BR><BR>The stock is trading below its moving averages across multiple time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a bearish trend. Additionally, while there has been a rise in investor participation, with delivery volume increasing by 50.3% against the 5-day average, this does not seem to be sufficient to counteract the overall negative sentiment surrounding the stock.<BR><BR>Moreover, the company's long-term fundamentals appear weak, with a -5.88% compound annual growth rate (CAGR) in operating profits over the last five years. Institutional investors have also reduced their stake in the company by -1.01% in the previous quarter, indicating a lack of confidence from more knowledgeable market participants. The stock's poor performance in both the short and long term, combined with negative financial indicators, contributes to its current decline.

Who are in the management team of Suraj Estate?

The management team of Suraj Estate includes Rajan Meenathakonil Thomas (Chairperson & Managing Director), Rahul Rajan Jesu Thomas (Whole-time Director), Sujatha R. Thomas (Non-Executive Director), and independent directors Mrutyunjay Mahapatra, Sunil Pant, and Satyendra Nayak. They are responsible for guiding the company's strategy and operations.

The management team of Suraj Estate includes the following individuals:<BR><BR>1. **Rajan Meenathakonil Thomas** - Chairperson & Managing Director<BR>2. **Rahul Rajan Jesu Thomas** - Whole-time Director<BR>3. **Sujatha R. Thomas** - Non-Executive Director<BR>4. **Mrutyunjay Mahapatra** - Independent Director<BR>5. **Sunil Pant** - Independent Director<BR>6. **Satyendra Nayak** - Independent Director<BR><BR>These members play key roles in guiding the company's strategy and operations.

What does Suraj Estate do?

Suraj Estate Developers Ltd is a micro-cap real estate development company, incorporated in 1986 and converted to a public limited company in 2021. As of June 2026, it reported net sales of 145 Cr and a net profit of 23 Cr, with a market cap of INR 936 Cr.

Overview: <BR>Suraj Estate Developers Ltd is engaged in real estate development and operates within the micro-cap segment of the realty industry.<BR><BR>History: <BR>The company was originally incorporated as Suraj Estate Developers Private Limited in 1986 and later converted to a Public Limited company on October 30, 2021. The name was changed to Suraj Estate Developers Limited on December 9, 2021. The most recent quarterly results reported net sales and net profit for June 2026.<BR><BR>Financial Snapshot: <BR>Net Sales: 145 Cr (Quarterly Results - Jun 2026) <BR>Net Profit: 23 Cr (Quarterly Results - Jun 2026) <BR>Market Cap: INR 936 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 10.00 <BR>Industry P/E: 36 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.60 <BR>Return on Equity: 9.09% <BR>Price to Book: 0.96 <BR><BR>Contact Details: <BR>Details: No Company Details Available <BR>Registrar Address: Not available.

Who are the peers of the Suraj Estate?

Suraj Estate's peers include Meghna Infracon, Shriram Properti, Arihant Super., Unitech, and others. In terms of management risk, growth, and capital structure, Suraj Estate is rated average, with its 1-year return at -34.84%, better than Unitech's -46.34% but lower than Modi's Navnirman at 37.82%.

Peers: The peers of Suraj Estate are Meghna Infracon, Shriram Properti, Arihant Super., Unitech, Arih.Found.Hsg., B-Right Real, Eldeco Housing, GeeCee Vent., and Modi's Navnirman.<BR><BR>Quality Snapshot: Excellent management risk is observed at Meghna Infracon, Eldeco Housing, GeeCee Vent., and Modi's Navnirman, while Average management risk is found at Suraj Estate and the rest. Growth is Excellent at Arih.Found.Hsg., B-Right Real, and Modi's Navnirman, while Average growth is noted at Meghna Infracon, Suraj Estate, Eldeco Housing, and GeeCee Vent., and Below Average growth is seen at Shriram Properti, Arihant Super., Unitech, and the rest. Capital Structure is Excellent at Meghna Infracon, Eldeco Housing, and GeeCee Vent., Average at Suraj Estate, and Below Average at Shriram Properti, Arihant Super., Unitech, Arih.Found.Hsg., B-Right Real, and the rest.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Modi's Navnirman at 37.82%, while the lowest is Unitech at -46.34%. Suraj Estate's own 1-year return is -34.84%, which is higher than Unitech's but lower than Modi's Navnirman. Additionally, Shriram Properti, Arihant Super., Unitech, Arih.Found.Hsg., and Laxmi Goldorna have negative six-month returns.

How big is Suraj Estate?

As of 31st August, Suraj Estate Developers Ltd has a market capitalization of 936.00 Cr, with Net Sales of 568.10 Cr and a Net Profit of 91.83 Cr reported in the latest four quarters. The balance sheet for March 2025 shows Shareholder's Funds of 902.70 Cr and Total Assets of 1,743.21 Cr.

As of 31st August, Suraj Estate Developers Ltd has a market capitalization of 936.00 Cr, which categorizes it as a Micro Cap company.<BR><BR>In the latest four quarters, Suraj Estate reported Net Sales of 568.10 Cr and a Net Profit of 91.83 Cr.<BR><BR>The latest annual period for the balance sheet is March 2025, showing Shareholder's Funds of 902.70 Cr and Total Assets of 1,743.21 Cr.

Which are the latest news on Suraj Estate?

Should I buy, sell or hold Suraj Estate Developers Ltd?

Are Suraj Estate Developers Ltd latest results good or bad?

Suraj Estate Developers Ltd's latest results are poor, with net sales dropping 45.14% to ₹98.78 crores and net profit falling 57.26% to ₹10.75 crores, both at their lowest in over a year. High interest expenses and negative cash flow further indicate significant operational challenges for the company.

The latest results for Suraj Estate Developers Ltd indicate a significant decline in performance across several key financial metrics. In the quarter ending March 2026, net sales dropped to ₹98.78 crores, marking a 45.14% decrease from the previous quarter and the lowest quarterly revenue in over a year. Additionally, net profit fell sharply by 57.26% quarter-on-quarter to ₹10.75 crores, which is also the lowest profit recorded in the past twelve months.<BR><BR>While the operating margin improved to 50.45%, reflecting better project-level economics, this was overshadowed by the drastic revenue decline. Furthermore, interest expenses surged to a record ₹31.79 crores, leading to a concerning interest coverage ratio of just 1.57 times, the lowest in seven quarters. This raises serious concerns about the company's financial flexibility, especially in a challenging market environment.<BR><BR>Overall, the results can be characterized as poor, with significant revenue and profit contractions, high interest burdens, and negative cash flow from operations. The company faces substantial operational challenges that may hinder its recovery in the near term.

When is the next results date for Suraj Estate Developers Ltd?

The next results date for Suraj Estate Developers Ltd is 30 May 2026.

The next results date for Suraj Estate Developers Ltd is scheduled for 30 May 2026.

How has been the historical performance of Suraj Estate?

Suraj Estate has shown significant growth in net sales and profitability over the past three years, with net sales increasing from 305.74 Cr in Mar'23 to 549.09 Cr in Mar'25, and profit after tax rising from 32.06 Cr to 100.15 Cr. However, cash flow from operating activities turned negative in Mar'25, indicating challenges in cash flow management.

Answer:<BR>The historical performance of Suraj Estate shows significant growth in various financial metrics over the past three years.<BR><BR>Breakdown:<BR>Suraj Estate's net sales increased from 305.74 Cr in Mar'23 to 549.09 Cr in Mar'25, reflecting a strong upward trend. Total operating income followed a similar trajectory, rising from 305.74 Cr to 549.09 Cr during the same period. However, the total expenditure also grew, from 154.74 Cr in Mar'23 to 346.44 Cr in Mar'25, leading to an operating profit (PBDIT) that peaked at 206.73 Cr in Mar'25, despite a decline from 236.42 Cr in Mar'24. Profit before tax showed a notable increase, reaching 136.06 Cr in Mar'25, up from 43.21 Cr in Mar'23, while profit after tax also rose significantly to 100.15 Cr in Mar'25 from 32.06 Cr in Mar'23. The company's total assets grew from 1,000.77 Cr in Mar'23 to 1,743.21 Cr in Mar'25, indicating robust asset accumulation. Total liabilities increased from 1,000.77 Cr to 1,743.21 Cr, with total debt slightly decreasing from 593.09 Cr in Mar'23 to 456.30 Cr in Mar'25. Cash flow from operating activities turned negative at -306.00 Cr in Mar'25, contrasting with a positive cash flow of 9.00 Cr in Mar'24. Overall, Suraj Estate has demonstrated strong revenue growth and profitability, despite challenges in cash flow management.

Is Suraj Estate technically bullish or bearish?

As of November 17, 2025, Suraj Estate's trend has shifted to mildly bearish, driven by daily moving averages and monthly Bollinger Bands, despite some mixed signals from the weekly MACD and RSI.

As of 17 November 2025, the technical trend for Suraj Estate has changed from sideways to mildly bearish. The current stance is bearish, primarily driven by the daily moving averages indicating a bearish trend. The weekly MACD shows a mildly bullish signal, but this is countered by the monthly Bollinger Bands being bearish and the Dow Theory indicating a mildly bearish trend. The RSI on the weekly timeframe shows no signal, while the monthly RSI is bullish, suggesting mixed signals across timeframes. Overall, the strength of the bearish stance is supported by the recent price action, with the stock trading significantly below its 52-week high and showing a negative return year-to-date.

Is Suraj Estate overvalued or undervalued?

As of September 25, 2025, Suraj Estate is considered undervalued with a valuation grade of very attractive, featuring a PE Ratio of 14.70 and an EV to EBITDA of 9.33, significantly lower than peers like DLF and Lodha Developers, and despite a year-to-date return of -53.55% compared to the Sensex's 3.87%, indicating potential for recovery.

As of 25 September 2025, Suraj Estate's valuation grade has moved from fair to very attractive, indicating a significant improvement in its perceived value. The company is currently considered undervalued. Key ratios include a PE Ratio of 14.70, an EV to EBITDA of 9.33, and a PEG Ratio of 0.58, which suggest that the stock is trading at a discount relative to its earnings growth potential.<BR><BR>In comparison to its peers, Suraj Estate's valuation metrics stand out. For instance, DLF has a PE Ratio of 37.27 and an EV to EBITDA of 79.24, while Lodha Developers shows a PE Ratio of 38.79 and an EV to EBITDA of 28.36, both of which are significantly higher than Suraj Estate's ratios. This reinforces the notion that Suraj Estate is undervalued in the current market. Additionally, the company's recent stock performance has lagged behind the Sensex, with a year-to-date return of -53.55% compared to the Sensex's 3.87%, further highlighting the potential for recovery and value realization.

Who are the top shareholders of the Suraj Estate?

The top shareholders of Suraj Estate include Rajan Thomas with 57.11%, mutual funds holding 1.28%, 13 foreign institutional investors with 2.33%, and L7 Hitech Private Limited as the largest public shareholder at 2.66%. Individual investors collectively own 18.21%.

The top shareholders of Suraj Estate include the promoters, with Rajan Thomas holding the highest share at 57.11%. Additionally, there are mutual funds that collectively hold 1.28% through two schemes, and 13 foreign institutional investors (FIIs) hold 2.33%. The highest public shareholder is L7 Hitech Private Limited, which owns 2.66%. Individual investors account for 18.21% of the holdings.

Has Suraj Estate declared dividend?

Suraj Estate Developers Ltd has declared a 20% dividend, amounting to 1 per share, with an ex-date of September 20, 2024. However, the company has experienced significant volatility, showing a -44.4% total return over the last 6 months and minimal growth in longer periods.

Suraj Estate Developers Ltd has declared a 20% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 20%<BR>- Amount per share: 1 per share<BR>- Ex-date: 20 Sep 24<BR><BR>Dividend Yield: 0.24%.<BR><BR>Total Returns by Period:<BR>In the last 6 months, the price return was -44.4%, the dividend return was 0%, resulting in a total return of -44.4%.<BR><BR>Over the past year, the price return was 0.32%, the dividend return was 0.26%, leading to a total return of 0.58%.<BR><BR>In the 2-year period, there was no price return or dividend return, resulting in a total return of 0.0%.<BR><BR>For the 3-year period, both the price return and dividend return were 0%, resulting in a total return of 0.0%.<BR><BR>In the 4-year period, there was no price return or dividend return, leading to a total return of 0.0%.<BR><BR>Finally, in the 5-year period, both the price return and dividend return were 0%, resulting in a total return of 0.0%.<BR><BR>Overall, while Suraj Estate has declared a dividend, the total returns over various periods indicate significant volatility, particularly in the short term, with negative returns in the last 6 months and minimal growth over the longer term.