Suraj Products

how big is Suraj Products?

As of Jun 06, Suraj Products Ltd. has a market capitalization of 369.00 Cr, classifying it as a Micro Cap company, with recent net sales of 326.38 Cr and a net profit of 21.44 Cr. The latest balance sheet shows shareholder's funds of 130.38 Cr and total assets of 185.88 Cr.

Market Cap: As of Jun 06, Suraj Products Ltd. has a market capitalization of 369.00 Cr, which classifies it as a Micro Cap company.<BR><BR>Recent Quarterly Performance: For the latest 4 quarters, Suraj Products reported Net Sales of 326.38 Cr and a Net Profit of 21.44 Cr. This data is based on Standalone financials.<BR><BR>Balance Sheet Snapshot: The Standalone balance sheet for the latest annual period ending Mar'24 shows Shareholder's Funds of 130.38 Cr and Total Assets of 185.88 Cr.

What does Suraj Products do?

Suraj Products Ltd. is a Micro Cap company specializing in the production of Sponge Iron, Pig Iron, Ingots/Billets, TMT Bars, and power generation, having transitioned from cement production in 2002. As of March 2025, it reported net sales of 91 Cr and a net profit of 4 Cr.

Overview:<BR>Suraj Products Ltd. is engaged in the production of Sponge Iron, Pig Iron, Ingots/Billets, TMT Bars, and the generation of power, operating within the Iron & Steel Products industry and classified as a Micro Cap company.<BR><BR>History:<BR>Incorporated in 1991, Suraj Products Ltd. was formerly known as Champion Cement Industries Ltd. The company initially focused on cement production but diversified its operations in 2002 to concentrate on the Sponge/Iron & Coke process, ceasing cement production. The latest quarterly results reported net sales and profit for March 2025.<BR><BR>Financial Snapshot:<BR>- Net Sales: 91 Cr (Quarterly Results - Mar 2025)<BR>- Net Profit: 4 Cr (Quarterly Results - Mar 2025)<BR>- Market Cap: Rs 369 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: 17.00<BR>- Industry P/E: 33<BR>- Dividend Yield: 0.63%<BR>- Debt Equity: 0.03<BR>- Return on Equity: 14.34%<BR>- Price to Book: 2.43<BR><BR>Contact Details:<BR>Address: Barpali Village, P O Kesaramal Rajgangpur Sundargarh Orissa : 770017<BR>Tel: 91-0661-2451074<BR>Email: suproduct@gmail.com<BR>Website: http://www.surajproducts.com

Who are in the management team of Suraj Products?

As of March 2022, the management team of Suraj Products includes Chandra Kant Bhartia (Chairman), Y K Dalmia (Managing Director), S Dalmia (Non-Executive Director), Neha Singhania (Independent Director), Gagan Goyal (Executive Director), and Dr. Bhagiratha Mishra (Independent Director). These individuals oversee the company's governance and management.

As of March 2022, the management team of Suraj Products includes the following individuals:<BR><BR>1. Chandra Kant Bhartia - Chairman & Independent Director<BR>2. Y K Dalmia - Executive Director / Managing Director / Promoter<BR>3. S Dalmia - Non-Executive Director<BR>4. Neha Singhania - Independent Non-Executive Director<BR>5. Gagan Goyal - Executive Director<BR>6. Dr. Bhagiratha Mishra - Independent Non-Executive Director<BR><BR>These members play various roles within the company's governance and management structure.

Has Suraj Products declared dividend?

Yes, Suraj Products Ltd. has declared a 20% dividend, amounting to ₹2 per share, with an ex-date of September 20, 2024. While recent returns have been negative, the company has shown significant growth over the longer term, particularly a total return of 4024.85% over the last 5 years.

Suraj Products Ltd. has declared a 20% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 20%<BR>- Amount per share: 2<BR>- Ex-date: 20 Sep 24<BR><BR>Dividend Yield: 0.63%.<BR><BR>Total Returns by Period:<BR>In the last 6 months, the price return was -41.44%, with a dividend return of 0%, resulting in a total return of -41.44%.<BR><BR>Over the past year, the price return was -60.86%, with a dividend return of 0.25%, leading to a total return of -60.61%.<BR><BR>In the 2-year period, the price return was 90.89%, with a dividend return of 2.27%, culminating in a total return of 93.16%.<BR><BR>For the 3-year period, the price return was 306.91%, with a dividend return of 6.30%, resulting in a total return of 313.21%.<BR><BR>In the 4-year period, the price return was 641.33%, with a dividend return of 7.94%, leading to a total return of 649.27%.<BR><BR>Over the last 5 years, the price return was 3974.41%, with a dividend return of 50.44%, resulting in a total return of 4024.85%.<BR><BR>Overall, while Suraj Products Ltd. has declared a dividend, the recent returns over shorter periods have been negative, indicating potential challenges in the company's performance. However, the longer-term returns show significant growth, particularly in the 5-year period.

Who are the peers of the Suraj Products?

Suraj Products' peers include APL Apollo Tubes, Welspun Corp, Shyam Metalics, Ratnamani Metals, Jindal Saw, Aerpace Indus, Rudra Global, Vibhor Steel, and Chaman Metallics. Suraj Products has a lower performance compared to its peers, with a 1-year return of -56.94%.

Peers: The peers of Suraj Products are APL Apollo Tubes, Welspun Corp, Shyam Metalics, Ratnamani Metals, Jindal Saw, Aerpace Indus, Rudra Global, Vibhor Steel, and Chaman Metallics.<BR><BR>Quality Snapshot: Excellent management risk is observed at APL Apollo Tubes, while Good management risk is found at Welspun Corp, Shyam Metalics, Ratnamani Metals, Jindal Saw, Suraj Products, and Chaman Metallics. Average management risk is present at Jindal Saw, while Below Average management risk is noted at Aerpace Indus, Rudra Global, and Vibhor Steel. Excellent growth is seen at APL Apollo Tubes and Krishca Strapp., while Average growth is found at Shyam Metalics, Ratnamani Metals, and Suraj Products. Below Average growth is noted at Welspun Corp, Jindal Saw, Aerpace Indus, Rudra Global, and Chaman Metallics. Excellent capital structure is observed at APL Apollo Tubes, Shyam Metalics, and Ratnamani Metals, while Good capital structure is present at Welspun Corp and Suraj Products. Below Average capital structure is noted at Jindal Saw, Aerpace Indus, Rudra Global, and Vibhor Steel, while Average capital structure is found at Chaman Metallics.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Welspun Corp at 68.53%, while Suraj Products has the lowest at -56.94%. This indicates that Suraj Products' performance is significantly worse than its peers. Additionally, the six-month return is negative for Suraj Products, Ratnamani Metals, Jindal Saw, Aerpace Indus, Rudra Global, and Vibhor Steel.

What is the technical trend for Suraj Products?

As of May 19, 2025, Suraj Products is in a bearish trend with moderate strength, indicated by bearish MACD, Bollinger Bands, and moving averages, despite a mildly bullish KST on the weekly chart.

As of 19 May 2025, the technical trend for Suraj Products has changed from mildly bearish to bearish. The current stance is bearish with moderate strength. Key indicators driving this include a bearish MACD on the weekly chart, bearish Bollinger Bands on both weekly and monthly time frames, and bearish moving averages on the daily chart. The Dow Theory also indicates a mildly bearish trend on both weekly and monthly levels. Despite a mildly bullish KST on the weekly, the overall sentiment remains negative, especially given the significant decline in stock performance compared to the Sensex over various periods.

Who are the top shareholders of the Suraj Products?

The top shareholders of Suraj Products include Nip Power Private Limited with a 24.8% stake, while individual investors hold 22.71% of the shares. There are no pledged promoter holdings or investments from mutual funds or foreign institutional investors.

The top shareholders of Suraj Products primarily include the promoters, with Nip Power Private Limited holding the highest stake at 24.8%. There are no pledged promoter holdings, and the company does not have any mutual fund or foreign institutional investor (FII) holdings. Additionally, individual investors collectively hold 22.71% of the shares.

When is the next results date for Suraj Products?

The next results date for Suraj Products is 10 November 2025.

The next results date for Suraj Products is scheduled for 10 November 2025.

How has been the historical performance of Suraj Products?

Suraj Products has experienced fluctuating financial performance, with net sales decreasing from 344.68 Cr in March 2024 to 326.37 Cr in March 2025, and a decline in profit after tax from 28.93 Cr to 21.43 Cr during the same period. Operating profit margins also fell from 14.76% to 11.39%.

Answer:<BR>The historical performance of Suraj Products shows a fluctuating trend in net sales and profitability over the years.<BR><BR>Breakdown:<BR>Suraj Products reported net sales of 326.37 Cr in March 2025, a decrease from 344.68 Cr in March 2024, but an increase from 284.98 Cr in March 2023. The total operating income followed a similar pattern, peaking at 344.68 Cr in March 2024 before declining to 326.37 Cr in March 2025. The raw material cost was 227.19 Cr in March 2025, down from 241.26 Cr in March 2024, while total expenditure (excluding depreciation) was 289.19 Cr in March 2025, slightly lower than 293.82 Cr in March 2024. Operating profit (PBDIT) decreased to 37.71 Cr in March 2025 from 51.63 Cr in March 2024, reflecting a decline in operating profit margin from 14.76% to 11.39%. Profit before tax also fell to 27.62 Cr in March 2025 from 39.20 Cr in March 2024, leading to a profit after tax of 21.43 Cr in March 2025, down from 28.93 Cr in March 2024. The company's total assets were reported at 183.05 Cr in March 2025, a slight decrease from 185.88 Cr in March 2024, while total liabilities also decreased to 183.05 Cr from 185.88 Cr. The cash flow from operating activities was 31.00 Cr in March 2024, with a net cash inflow of 13.00 Cr, indicating a positive cash position. Overall, Suraj Products has shown variability in its financial performance, with notable fluctuations in sales, profits, and cash flow over the years.

Is Suraj Products overvalued or undervalued?

As of December 4, 2025, Suraj Products is overvalued with a PE ratio of 18.11 and disappointing stock performance, contrasting sharply with its peers like JSW Steel and Tata Steel, which are more attractively valued.

As of 4 December 2025, Suraj Products has moved from a fair to an expensive valuation grade, indicating a shift in market perception. The company is currently overvalued based on its financial metrics. Key ratios include a PE ratio of 18.11, an EV to EBITDA of 10.19, and a Price to Book Value of 1.94. <BR><BR>In comparison to peers, Suraj Products' PE ratio is significantly lower than that of JSW Steel, which stands at 45.91, and Tata Steel at 27.96, both of which are considered fairly valued or attractive. Additionally, the company's recent stock performance has been disappointing, with a year-to-date return of -46.90%, contrasting sharply with the Sensex's positive return of 9.12% over the same period. This underperformance further supports the assessment that Suraj Products is currently overvalued.

Are Suraj Products Ltd. latest results good or bad?

Suraj Products Ltd.'s latest Q3 FY26 results show a net profit increase of 26.25% and an 11.60% rise in net sales, indicating improved demand. However, flat operating margins and significant stock underperformance raise concerns about the sustainability of this recovery.

Suraj Products Ltd.'s latest results for Q3 FY26 show a mixed performance. On the positive side, the company reported a net profit of ₹4.04 crores, which is a significant increase of 26.25% compared to the previous quarter. Net sales also rose by 11.60% to ₹65.50 crores, indicating improved demand conditions.<BR><BR>However, there are notable concerns regarding the company's operating margins. The operating margin remained flat at 9.97%, which is a significant decline from historical levels, reflecting ongoing challenges in the iron and steel sector. The company's ability to maintain profitability has been under pressure due to rising costs and competitive dynamics, leading to a compression in margins over recent years.<BR><BR>Additionally, while the return on equity (ROE) remains strong at 21.76%, the stock has severely underperformed compared to its peers and the broader market, with a decline of 56.83% over the past year.<BR><BR>In summary, while the latest quarterly results show some improvement in profitability and sales, the persistent margin challenges and significant stock underperformance raise concerns about the sustainability of this recovery. Overall, the results can be seen as a cautious positive, but the underlying issues suggest a challenging environment ahead for Suraj Products.

Should I buy, sell or hold Suraj Products Ltd.?

Why is Suraj Products Ltd. falling/rising?

As of 05-May, Suraj Products Ltd. is experiencing a slight decline in its stock price, currently at 232.15, reflecting a broader trend of reduced investor participation and mixed moving average indicators, despite a significant increase of 21.48% over the past month. The stock has fallen by -38.58% over the last year, indicating a longer-term downward trend.

As of 05-May, Suraj Products Ltd. is experiencing a slight decline in its stock price, currently at 232.15, which reflects a change of -0.25 or -0.11%. This decline is part of a broader trend, as the stock has been losing value for the past two days, resulting in a total drop of -2.5% during this period. <BR><BR>In the context of recent performance, the stock has seen a significant increase of 21.48% over the past month, which contrasts sharply with its year-to-date performance of +9.89%. However, over the last year, the stock has fallen by -38.58%, indicating a longer-term downward trend despite recent gains. <BR><BR>Investor participation appears to be decreasing, as evidenced by a delivery volume of only 1.21k on May 4, which is a substantial drop of -84.16% compared to the five-day average. This reduction in trading activity may contribute to the stock's current decline. Additionally, while the stock is trading above its 20-day, 50-day, and 100-day moving averages, it is below its 5-day and 200-day moving averages, suggesting mixed signals regarding its short-term momentum. <BR><BR>Overall, the combination of recent price declines, reduced investor participation, and mixed moving average indicators are contributing to the current downward movement of Suraj Products Ltd.'s stock price.

Which are the latest news on Suraj Products?