Suraj Products Ltd.
BSE: SURAJ · Iron & Steel Products · sector
₹260.40BSE close 2026-10-26
Key numbers
Market cap₹297 cr
Price₹260.40
52w high / low₹445 / ₹156
P/E14.3xSector median 15.5x
P/B1.8xSector median 1.7x
Book value₹145.6
Dividend yield0.89%Sector median 0.60%
ROE11.2%Sector median 11.1%
ROCE16.2%Sector median 11.9%
OPM10.7%Sector median 6.7%
Debt / equity0.03xSector median 0.21x
EV/EBITDA7.9xSector median 11.8x
Interest cover37.9x
Current ratio8.62x
Sales growth 3y+2.1%Sector median +2.1%
Profit growth 3y-10.4%Sector median +13.0%
PEG–
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 118 companies in Iron & Steel Products (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹39 cr vs borrowings ₹6 cr (FY26): cash is higher (net cash).
- Operating profit covered interest 37.9x in the last 12 months.
- Other income was 8% of net profit in the last 12 months.
- Dividend paid in 4 of the last 5 financial years.
- Price ₹260.40 on 2026-10-26: -41.4% from the 52-week high, +66.7% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Weekly close · high ₹594.20 · low ₹171.20
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|
| Revenue | 91 | 81 | 59 | 66 | 99 | 88 |
| EBITDA | 8 | 7 | 6 | 7 | 11 | 9 |
| OPM % | 9.2% | 9.0% | 10.0% | 10.0% | 11.6% | 10.8% |
| Other income | 0 | 0 | 0 | 0 | 0 | 0 |
| Net profit | 4 | 5 | 0 | 4 | 7 | 7 |
| EPS (₹) | 3.73 | 4.03 | 2.81 | 3.54 | 6.04 | 5.83 |
| Revenue YoY | +8.9% | +8.7% | ||||
| Profit YoY | +62.1% | +44.7% |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 237 | 285 | 345 | 326 | 304 | 311 |
| EBITDA | 44 | 48 | 51 | 37 | 31 | 33 |
| Net profit | 24 | 26 | 29 | 21 | 19 | 18 |
| EPS (₹) | 20.68 | 22.81 | 25.38 | 18.80 | 16.42 | 18.22 |
| Revenue growth | +20.3% | +20.9% | -5.3% | -6.9% | – | |
| Profit growth | +10.3% | +11.2% | -25.9% | -12.6% | – | |
| Dividend / share (₹) | – | 1.10 | 1.50 | 2.00 | 2.10 |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | +2.2% | – | – |
| Net profit | -10.4% | – | – |
| EPS | -10.4% | – | – |
| Share price | – | -33.8% (2y) | -38.7% |
Balance sheet
| ₹ cr | FY25 | FY26 |
|---|---|---|
| Shareholders' equity | 150 | 166 |
| Borrowings | 20 | 6 |
| Cash & equivalents | 17 | 39 |
| Total assets | 183 | 187 |
| Fixed assets | 69 | 65 |
| Capital work in progress | 3 | 2 |
| Investments | 0 | 0 |
| Receivables | 14 | 11 |
| Inventory | 43 | 46 |
| Payables | 4 | 3 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY25 | FY26 |
|---|---|---|
| Cash from operations | 30 | 40 |
| Cash from investing | -5 | -28 |
| Cash from financing | -24 | -18 |
| Capex | 2 | 1 |
| Free cash flow | 28 | 38 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY25 | FY26 |
|---|---|---|
| ROE % | 14.3% | 11.3% |
| ROCE % | 17.6% | 14.7% |
| Debtor days | 16 | 13 |
| Inventory days | 59 | 67 |
| Payable days | 5 | 4 |
| Cash conversion cycle (days) | 70 | 76 |
| Working capital days | 83 | 115 |
Peers in Iron & Steel Products
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| WELCORP | ₹61,798 cr | 26.7x | 6.8x | 27.8% | 19.2% | 13.9% | +19.8% | 0.21% |
| APLAPOLLO | ₹57,703 cr | 46.9x | 10.9x | 25.9% | 30.1% | 8.0% | +12.6% | 0.28% |
| SHYAMMETL | ₹31,351 cr | 28.0x | 2.7x | 7.8% | 14.2% | 12.9% | +13.7% | 0.36% |
| RATNAMANI | ₹16,345 cr | 37.8x | 4.0x | 11.2% | 15.7% | 16.7% | +0.1% | 0.60% |
| JINDALSAW | ₹14,824 cr | 26.9x | 1.2x | 4.4% | 7.2% | 9.5% | +0.1% | 0.86% |
| USHAMART | ₹14,192 cr | 27.9x | 4.3x | 16.8% | 20.1% | 19.6% | +4.1% | 0.64% |
| GALLANTT | ₹12,989 cr | 31.9x | 3.7x | 12.4% | 14.2% | 13.8% | +3.1% | 0.08% |
| GPIL | ₹11,769 cr | 14.6x | 2.0x | 15.1% | 18.7% | 21.4% | -2.2% | 0.54% |
| JAYNECOIND | ₹8,607 cr | 12.5x | 2.6x | 23.4% | 25.6% | 18.9% | +4.0% | – |
| SURAJ | ₹297 cr | 14.3x | 1.8x | 11.2% | 16.2% | 10.7% | +2.1% | 0.89% |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2026-09-04 | Dividend | Final Dividend Rs 2.25 |
| 2025-09-19 | Dividend | Final Dividend Rs 2.1 |
| 2024-09-20 | Dividend | Final Dividend Rs 2.0 |
| 2023-09-01 | Dividend | Final Dividend Rs 1.5 |
| 2022-09-01 | Dividend | Final Dividend Rs 1.1 |
Documents
Links go to the original files on the exchange website.
About the company
| Sector | Industrials |
| Industry | Iron & Steel Products |
| Sub-industry | Iron & Steel Products |
| Symbol | SURAJ |
| BSE code | 518075 |
| ISIN | INE069E01019 |
| Face value | ₹10.0 |
| Incorporated | – |
| Website | – |
| Plants (India / abroad) | – |
Data built 2026-10-23 from BSE company filings (inline XBRL: Integrated Filing - Finance) + BSE results summary for earlier years; price = BSE close 2026-10-26.