Surana Solar

Why is Surana Solar Ltd falling/rising?

As of 18-Aug, Surana Solar Ltd's stock price is at 25.50, showing a slight decline and underperformance compared to the broader market. Despite a positive three-year return, recent trends indicate declining investor interest and sector challenges contributing to its downward movement.

As of 18-Aug, Surana Solar Ltd's stock price is currently at 25.50, reflecting a slight decline of 0.01 (-0.04%). The stock has been underperforming compared to the broader market, as evidenced by its performance over various periods. Over the past week, the stock has decreased by 3.88%, while the Sensex has only fallen by 1.18%. Similarly, in the last month, Surana Solar's decline of 2.49% contrasts with the Sensex's drop of 1.17%. Year-to-date, the stock is down 3.95%, while the Sensex has decreased by 9.37%. However, over a longer horizon of three years, Surana Solar has shown a positive return of 3.57%, although this is significantly lower than the Sensex's 18.92% increase.<BR><BR>Today's trading performance indicates that Surana Solar has outperformed its sector by 2.4%, but it is trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. Additionally, there has been a notable decline in investor participation, with delivery volume on August 17 falling by 37.23% compared to the 5-day average. The renewable energy sector itself has also seen a decline of 2.34%, contributing to the negative sentiment surrounding Surana Solar.<BR><BR>Overall, the combination of underperformance relative to the market, declining investor interest, and sector-wide challenges are contributing factors to the stock's current downward movement.

Which are the latest news on Surana Solar?

Should I buy, sell or hold Surana Solar Ltd?

Who are in the management team of Surana Solar?

The management team of Surana Solar includes Narender Surana, Devendra Surana, R Surender Reddy, Manish Surana, Sanjana Jain, Yashita Pansari, N Krupakar Reddy, and Baunakar Shekarnath in various roles such as Directors, Independent Directors, and Company Secretary.

The management team of Surana Solar includes the following individuals:<BR><BR>1. Narender Surana - Director<BR>2. Devendra Surana - Director<BR>3. R Surender Reddy - Independent Director<BR>4. Manish Surana - Non-Executive Director<BR>5. Sanjana Jain - Independent Director<BR>6. Yashita Pansari - Company Secretary & Compliance Officer<BR>7. N Krupakar Reddy - Independent Director<BR>8. Baunakar Shekarnath - Whole-Time Director & Additional Director<BR><BR>If you need more specific information about any of these individuals or their roles, feel free to ask!

What does Surana Solar do?

Surana Solar Ltd manufactures solar energy systems, focusing on solar photovoltaic modules, and reported net sales of 17 Cr and a net profit of 5 Cr for June 2026. The company, incorporated in 2006, operates as a micro-cap entity in the heavy electrical equipment industry.

Overview:<BR>Surana Solar Ltd manufactures Solar Energy Systems, specifically focusing on Solar Photovoltaic PV Modules, and operates within the Heavy Electrical Equipment industry as a Micro Cap company.<BR><BR>History:<BR>Incorporated in 2006, Surana Solar Ltd has maintained its focus on solar energy solutions. The latest quarterly results reported net sales and profit for June 2026.<BR><BR>Financial Snapshot:<BR>Net Sales: 17 Cr (Quarterly Results - Jun 2026) <BR>Net Profit: 5 Cr (Quarterly Results - Jun 2026) <BR>Market Cap: INR 128 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 20.00 <BR>Industry P/E: 29 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: -0.12 <BR>Return on Equity: 11.14% <BR>Price to Book: 2.20<BR><BR>Contact Details:<BR>Address: Plot No 212/3 & 4 Phase II, IDA Cherlapally Hyderabad Telangana : 500051 <BR>Email: cs@surana.com/surana@surana.com <BR>Website: http://www.suranasolar.com

Who are the peers of the Surana Solar?

Surana Solar's peers include Urja Global, United Van Der, Star Delta Trans, Aartech Solonics, Jyoti, Tarapur Trans, and IMP Powers. In terms of performance, United Van Der has the highest 1-year return at 29.05%, while Surana Solar's return is -19.31%.

Peers: The peers of Surana Solar are Urja Global, United Van Der, Star Delta Trans, Aartech Solonics, Jyoti, Tarapur Trans, and IMP Powers.<BR><BR>Quality Snapshot: Below Average management risk is observed at Urja Global, United Van Der, Tarapur Trans, and Surana Solar, while Average management risk is found at Star Delta Trans and Aartech Solonics. Growth is Excellent at Star Delta Trans, Good at Aartech Solonics, Average at United Van Der, and Below Average at Urja Global, Surana Solar, and Tarapur Trans. Capital Structure is Excellent at Star Delta Trans, Good at Surana Solar and Aartech Solonics, and Below Average at Urja Global, United Van Der, and Tarapur Trans.<BR><BR>Return Snapshot: The peer with the highest 1-year return is United Van Der at 29.05%, while the peer with the lowest is Jyoti at -49.51%. Surana Solar's 1-year return of -19.31% is better than Jyoti's but worse than United Van Der's. Additionally, Aartech Solonics, Jyoti, Tarapur Trans, and IMP Powers have negative six-month returns.

How big is Surana Solar?

Summary could not be generated.

As of 10th June, Surana Solar Ltd has a market capitalization of 133.00 Cr, which categorizes it as a Micro Cap company.<BR><BR>In the latest two quarters, Surana Solar reported net sales of 4.61 Cr. However, the company experienced a loss of 0.62 Cr in net profit during the same period.<BR><BR>The balance sheet data is unavailable, and therefore, specific values for Shareholder's Funds and Total Assets cannot be provided.

Are Surana Solar Ltd latest results good or bad?

Surana Solar Ltd's latest Q1 FY26 results are poor, showing a net profit decline of 124.39% and a revenue drop of 17.06%, with an alarming operating margin of -86.12%. These factors indicate significant operational and financial challenges, leading to a "Strong Sell" advisory for investors.

Surana Solar Ltd's latest results for Q1 FY26 indicate a challenging financial situation. The company reported a net profit of ₹0.20 crores, which is a significant decline of 124.39% compared to the previous quarter. Revenue also fell by 17.06% to ₹2.09 crores, reflecting ongoing operational distress.<BR><BR>The operating margin has worsened dramatically, now at -86.12%, compared to -43.65% in the previous quarter. This indicates that the company is losing money on every rupee of sales, which is a critical concern. Furthermore, the reliance on other income to achieve a marginal profit raises red flags about the sustainability of its financial performance.<BR><BR>Overall, these results suggest that Surana Solar is facing severe operational and financial challenges, with a weak investment profile and significant risks for investors. The company's performance is characterized by declining revenues, massive operating losses, and minimal institutional interest, leading to a "Strong Sell" advisory.

How has been the historical performance of Surana Solar?

Surana Solar's historical performance has shown a significant decline from March 2013 to March 2025, with net sales dropping from 94.91 Cr to 38.80 Cr, and profit after tax turning negative from 2.58 Cr to -0.05 Cr, indicating a challenging financial situation. Key metrics such as operating profit margin and cash flow from operating activities also deteriorated substantially during this period.

Answer:<BR>The historical performance of Surana Solar shows a significant decline from March 2013 to March 2025.<BR><BR>Breakdown:<BR>In March 2013, Surana Solar reported net sales of 94.91 Cr, which plummeted to 38.80 Cr by March 2025. Total operating income followed a similar trend, decreasing from 94.91 Cr to 38.80 Cr. The raw material cost also saw a reduction from 80.11 Cr to 34.10 Cr, while total expenditure excluding depreciation decreased from 85.93 Cr to 38.35 Cr. Operating profit (PBDIT) fell sharply from 9.61 Cr in March 2013 to just 1.63 Cr in March 2025, and profit before tax turned negative, dropping from 3.58 Cr to -0.07 Cr. Consequently, profit after tax also declined from 2.58 Cr to -0.05 Cr, resulting in a negative earnings per share of -0.01 in March 2025 compared to a positive 0.52 in March 2013. The operating profit margin decreased from 9.46% to 1.16%, and the profit after tax margin fell from 2.72% to -0.13%. Cash flow from operating activities decreased significantly from 17.60 Cr to 1.00 Cr, and the closing cash and cash equivalents dropped from 5.12 Cr to 0.00 Cr, indicating a challenging financial situation for the company over the years.

Who are the top shareholders of the Surana Solar?

The top shareholders of Surana Solar include Surana Telecom And Power Limited with 36.21%, individual investors with 50.21%, two mutual funds at 0.03%, and two foreign institutional investors with a combined 0.35%. There are no pledged promoter holdings or significant public shareholders.

The top shareholders of Surana Solar include Surana Telecom And Power Limited, which holds the largest stake at 36.21%. Additionally, individual investors collectively own 50.21% of the company. There are also two mutual funds that hold a small percentage (0.03%) and two foreign institutional investors (FIIs) with a combined holding of 0.35%. Notably, there are no pledged promoter holdings or significant public shareholders listed.

When is the next results date for Surana Solar?

The next results date for Surana Solar is July 3, 2025.

The next results date for Surana Solar is scheduled for July 3, 2025.

Is Surana Solar overvalued or undervalued?

As of May 5, 2025, Surana Solar is considered risky and overvalued with a PE ratio of 178.72 and negative ROCE of -1.99%, despite a recent stock return of 16.74%, due to its unfavorable comparison with peers in the heavy electrical equipment industry.

As of 5 May 2025, Surana Solar's valuation grade has moved from very expensive to risky, indicating a significant shift in its market perception. The company appears to be overvalued based on its current metrics, with a PE ratio of 178.72, an EV to EBITDA ratio of 171.86, and a Price to Book Value of 3.18. These ratios suggest that investors are paying a premium for the company's earnings and assets, which may not be justified given its negative ROCE of -1.99% and a low ROE of 0.12%.<BR><BR>When compared to peers in the heavy electrical equipment industry, Surana Solar's valuation stands out unfavorably. For instance, while Surana Solar has a PE ratio of 178.72, other companies in the sector may have significantly lower ratios, indicating that they are potentially more attractive investments. Additionally, despite a recent 1-month stock return of 16.74%, which outperformed the Sensex's 3.86%, the year-to-date performance shows a decline of 19.63%, further reinforcing the notion that Surana Solar is overvalued in its current state.

What is the technical trend for Surana Solar?

As of April 16, 2025, Surana Solar's technical trend is mildly bearish, influenced by daily moving averages and mixed signals from the MACD and Bollinger Bands, despite some mildly bullish indicators on the weekly timeframe.

As of 16 April 2025, the technical trend for Surana Solar has changed from bearish to mildly bearish. The weekly MACD indicates a mildly bullish stance, while the monthly MACD shows a mildly bearish outlook. The Bollinger Bands are mildly bullish on the weekly chart but bearish on the monthly, suggesting mixed signals. Moving averages on the daily timeframe are mildly bearish, which aligns with the overall bearish sentiment. The KST is mildly bullish weekly but mildly bearish monthly, and Dow Theory supports a mildly bullish view on both weekly and monthly timeframes. Overall, the current technical stance is mildly bearish, driven primarily by the daily moving averages and the mixed signals from the MACD and Bollinger Bands.

Has Surana Solar declared dividend?

Surana Solar Ltd has declared a 10% dividend, amounting to ₹0.5 per share, with an ex-date of September 23, 2015. Despite the dividend declaration, the dividend yield is 0%, and total returns have varied significantly over different periods, showing strong long-term growth despite recent short-term declines.

Surana Solar Ltd has declared a 10% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 10%<BR>- Amount per share: 0.5<BR>- Ex-date: 23 Sep 15<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>In the 6 months period, the price return was -30.8%, the dividend return was 0%, resulting in a total return of -30.8%.<BR><BR>In the 1 year period, the price return was -4.77%, the dividend return was 0%, leading to a total return of -4.77%.<BR><BR>Over the 2 years period, the price return was 84.64%, with a dividend return of 0%, culminating in a total return of 84.64%.<BR><BR>In the 3 years period, the price return was 56.15%, the dividend return was 0%, which resulted in a total return of 56.15%.<BR><BR>For the 4 years period, the price return was 256.84%, with a dividend return of 0%, giving a total return of 256.84%.<BR><BR>In the 5 years period, the price return was 421.26%, the dividend return was 0%, resulting in a total return of 421.26%.<BR><BR>Overall, while Surana Solar has declared a dividend, the dividend yield remains at 0%. The total returns over various periods show significant fluctuations, particularly a strong performance over the longer term, indicating potential growth despite recent declines in shorter periods.