Surana Solar

Who are in the management team of Surana Solar?

As of March 2022, 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, featuring a mix of directors and a compliance officer.

As of March 2022, 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>This team comprises a mix of directors, including independent and non-executive members, as well as a compliance officer.

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.

Who are the peers of the Surana Solar?

Surana Solar's peers include A B B, Siemens, CG Power & Ind, Suzlon Energy, BHEL, Aartech Solonics, G G Engineering, Tarapur Trans, and Neueon Towers. In terms of management risk, Surana Solar is rated below average, with a 1-year return of -5.37%, better than G G Engineering's -69.70% but worse than Suzlon Energy's 37.13%.

Peers: The peers of Surana Solar are A B B, Siemens, CG Power & Ind, Suzlon Energy, BHEL, Aartech Solonics, G G Engineering, Tarapur Trans, Neueon Towers.<BR><BR>Quality Snapshot: Excellent management risk is observed at CG Power & Ind, while Good management risk is found at A B B and Siemens. Average management risk is noted for BHEL and Suzlon Energy, while Below Average management risk is present at Aartech Solonics, Surana Solar, G G Engineering, and Tarapur Trans. Growth is Excellent for Suzlon Energy and BHEL, Good for CG Power & Ind and A B B, while Below Average growth is seen at Surana Solar, Aartech Solonics, and Tarapur Trans. Capital Structure is Excellent at A B B, Good at CG Power & Ind and BHEL, while Below Average is noted for Aartech Solonics, G G Engineering, Tarapur Trans, and Neueon Towers.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Suzlon Energy at 37.13%, while G G Engineering has the lowest at -69.70%. Surana Solar's 1-year return of -5.37% is better than G G Engineering's but worse than Suzlon Energy's. Additionally, Aartech Solonics, G G Engineering, and Tarapur Trans have negative six-month returns.

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.

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.

What does Surana Solar do?

Surana Solar Ltd manufactures solar photovoltaic (PV) modules and operates in the heavy electrical equipment industry. As of March 2025, it reported net sales of 25 Cr and a net loss of 7 Cr, with a market cap of INR 166 Cr.

Overview:<BR>Surana Solar Ltd manufactures solar energy systems, focusing on solar photovoltaic (PV) modules, and operates within the heavy electrical equipment industry as a micro-cap company.<BR><BR>History:<BR>Surana Ventures Limited (SVL) was incorporated in 2006 and is the flagship company of the Surana Group. The latest quarterly results reported net sales and net profit for the period ending March 2025.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: 25 Cr (Quarterly Results - Mar 2025) <BR>Most recent Net Profit: -7 Cr (Quarterly Results - Mar 2025) <BR>Market-cap value: INR 166 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 166.00 <BR>Industry P/E: 61 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: -0.12 <BR>Return on Equity: 0.12% <BR>Price to Book: 2.98<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 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.

How big is Surana Solar?

As of 24th July, Surana Solar Ltd has a market capitalization of 163.00 Cr, classified as a Micro Cap, with recent net sales of 38.80 Cr and a net profit of 0.07 Cr over the latest four quarters. Shareholder's funds and total assets values are not available.

As of 24th July, <BR><BR>Market Cap: Surana Solar Ltd has a market capitalization of 163.00 Cr and is classified as a Micro Cap.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 38.80 Cr, while the sum of Net Profit for the same period is 0.07 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period is the latest annual period, but the values for Shareholder's Funds and Total Assets are not available.

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.

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.

Should I buy, sell or hold Surana Solar Ltd?

Why is Surana Solar Ltd falling/rising?

As of 02-Feb, Surana Solar Ltd's stock price is at 24.05, down 1.19%, with significant declines over the past month and year. Weak fundamentals, including a -242.07% CAGR in operating profits and a low return on equity, contribute to its underperformance against benchmarks.

As of 02-Feb, Surana Solar Ltd's stock price is falling, currently at 24.05, reflecting a change of -0.29 or -1.19%. The stock has underperformed its sector today by 2.59%. Over the past month, the stock has experienced a significant decline of 15.32%, while the benchmark Sensex has only decreased by 4.78%. Year-to-date, the stock is down 9.42%, compared to a 4.17% drop in the Sensex.<BR><BR>The company's long-term fundamentals are weak, evidenced by a staggering -242.07% compound annual growth rate (CAGR) in operating profits over the last five years. Additionally, the company's ability to service its debt is concerning, with a poor EBIT to Interest ratio of -1.66. The return on equity is also low at 1.34%, indicating minimal profitability relative to shareholders' funds. <BR><BR>Recent financial results have shown flat performance, with net sales over the latest six months at Rs 5.14 crore, reflecting a drastic decline of 79.37%. The stock has generated a return of -41.77% over the past year, coinciding with a 30% drop in profits. Furthermore, the stock has consistently underperformed against the BSE500 index over various time frames, including the last three years, one year, and three months.<BR><BR>Overall, the combination of weak financial performance, poor profitability metrics, and underwhelming returns relative to benchmarks contributes to the downward pressure on Surana Solar Ltd's stock price.

Which are the latest news on Surana Solar?