SURANASOL - Surana Solar Limited Share Price

Electrical Equipment

₹34.28-1.30(-3.65%)

Market Open as of Apr 25, 2025, 15:30 IST

What does Surana Solar Limited do?

Heavy Electrical Equipment•Capital Goods•Small Cap

Surana Solar Limited manufactures and sells solar panels and solar photovoltaic (PV) modules under the Surana Solar brand in India and internationally. It operates through Renewable Energy and Trading & Others segments. The company engages in generation of wind and solar power energy; trading of other solar related products; and infrastructure leasing activities. It also provides engineering, procurement, and construction services for power projects on turnkey basis; solar lighting products, including home lighting systems and solar street lighting products; and solar lanterns for use in street, industrial site, travelling, and house and garden application. In addition, the company operates manufacturing unit at cherlapally with installed capacity of 40 MW and the fabcity with installed capacity of 20 mw for manufacture of solar photovoltaic modules. The company was formerly known as Surana Ventures Limited. Surana Solar Limited was incorporated in 2006 and is based in Hyderabad, India.

Industry Group:Electrical Equipment

Employees:36

Website:www.suranasolar.com

The Good, Bad and Ugly

Growth

Profitability

Size

Dilution Rank

Balance Sheet

Momentum

Technicals

Smart Money

Insider Trading

Sector Comparison: SURANASOL vs Electrical Equipment

Comprehensive comparison against sector averages

Comparative Metrics

SURANASOL metrics compared to Electrical

Category	SURANASOL	Electrical
PE	273.17	65.92
PS	4.11	5.53
Growth	75.8 %	14.5 %

Performance Comparison

SURANASOL vs Electrical (2021 - 2025)

Key Insights

1. SURANASOL is NOT among the Top 10 largest companies in Heavy Electrical Equipment.
2. The company holds a market share of 0% in Heavy Electrical Equipment.
3. In last one year, the company has had an above average growth that other Heavy Electrical Equipment companies.

Share Holdings

Understand Surana Solar ownership landscape with insights into key distribution patterns, offering investors a clear view of stakeholder dynamics.

Holding Pattern

Major Shareholders

Share Holding Details

As of 2025-03-31

Shareholder Name	Holding %
SURANA TELECOM AND POWER LIMITED	36.18%
ADVAIT SURANA	1.88%
NAMRATA SURANA	1.45%
RAHUL SURANA	0.93%
SUNITA SURANA	0.87%
MITALI SURANA SARAOGI	0.75%
MANISH SURANA	0.49%
VINITA SURANA	0.22%
DEVENDRA SURANA	0.19%
SURANA INFOCOM PRIVATE LIMITED	0.15%
SRESHA SURANA	0.05%
NARENDER SURANA	0.04%
Other	0.01%
BHAGYANAGAR SECURITIES PVT LIMITED	0%
NIKITA SURANA	0%

Overall Distribution

Distribution across major stakeholders

Ownership Distribution

Distribution across major institutional holders

Description	Share	Value
a) Trading	84.4%	9 Cr
a) Solar Products	15.6%	1.7 Cr
Total		10.6 Cr

Cash Flow for Surana Solar

Standalone figures (in Rs. Crores)

Description	(%) Q/Q	Mar-2024	Mar-2023	Mar-2022
Change in inventories	-190.3%	-4.86	7.49	-12.29
Depreciation	-44.2%	1.91	2.63	3.08
Dividend income	0%	0.06	0.06	0.07
Adjustments for interest income	-138.1%	0	0.58	0.56
Net Cashflows from Operations	-112.7%	-0.78	15	-8.33
Interest paid	9.2%	-0.08	-0.19	-0.54
Interest received	-	-0.72	0	0
Income taxes paid (refund)	-337.5%	0.43	1.24	0.37
Other inflows (outflows) of cash	-	1.97	0	0
Net Cashflows From Operating Activities	-106.8%	0.11	14	-8.16
Proceeds from sales of PPE	20%	1.6	1.5	0.03
Purchase of property, plant and equipment	-25%	0	0.2	0.31
Dividends received	-	0.06	0	0.07
Interest received	33.3%	0.72	0.58	0.56
Other inflows (outflows) of cash	48%	-2.38	-5.5	4.8
Net Cashflows From Investing Activities	78.2%	-0.01	-3.63	5.16
Proceeds from borrowings	-	0	0	3.04
Repayments of borrowings	-111.1%	0	10	0
Dividends paid	-6.4%	0	0.06	0.06
Interest paid	-13.6%	0.08	0.19	0.54
Other inflows (outflows) of cash	-68.6%	0.14	0.49	0.51
Net Cashflows from Financing Activities	91.6%	0.06	-10.15	2.95
Net change in cash and cash eq.	5.7%	0.17	0.12	-0.05
Cash equivalents beginning of period	11.1%	0.12	0.01	0.06

Income Statement for Surana Solar

Standalone figures (in Rs. Crores) / View Consolidated Data

QuarterlyAnnual

Description	(%) Q/Q	Dec-2024	Sep-2024	Jun-2024	Mar-2024	Dec-2023	Sep-2023
Revenue From Operations	-23.1%	11	14	11	3.93	4.4	2.77
Other Income	-10.8%	0.18	0.26	0.32	0.1	0.28	0.32
Total Income	-28.6%	11	15	12	4.04	4.68	3.09
Cost of Materials	-35.7%	8.72	13	10	2.26	3.12	0.21
Employee Expense	1.3%	0.24	0.23	0.24	0.3	0.22	0.23
Finance costs	-6.5%	0.01	0.07	0.03	0.03	0.01	0.03
Depreciation and Amortization	-39.6%	0.26	0.47	0.44	0.27	0.44	0.54
Other expenses	27.3%	0.6	0.45	0.52	0.49	0.58	2.96
Total Expenses	-23.1%	11	14	11	3.93	4.35	4.79
Profit Before exceptional items and Tax	-50%	0.22	0.48	0.32	0.1	0.33	-1.7
Total profit before tax	-50%	0.22	0.48	0.32	0.1	0.33	-1.7
Current tax	-15.6%	0.11	0.23	0.09	0.24	0.25	-0.18
Deferred tax	1.9%	-0.06	-0.08	-0.04	0.01	-0.03	-0.06
Total tax	-13.1%	0.05	0.16	0.04	0.26	0.22	-0.24
Total profit (loss) for period	-23.9%	0.17	0.33	0.28	-0.15	0.11	-1.45
Total Comprehensive Income	-23.9%	0.17	0.33	0.28	-0.15	0.11	-1.45
Earnings Per Share, Basic	-4.3%	0.03	0.07	0.06	-0.03	0.02	-0.3
Earnings Per Share, Diluted	-4.3%	0.03	0.07	0.06	-0.03	0.02	-0.3

Description	(%) Q/Q	Mar-2024	Mar-2023	Mar-2022	Mar-2021	Mar-2020	Mar-2019
Revenue From Operations	-58.5%	18	42	25	28	33	35
Other Income	-95.8%	1.16	4.78	0.87	0.41	1.01	1.27
Total Income	-60.9%	19	47	26	28	34	36
Cost of Materials	-78.1%	9.55	40	19	18	12	25
Employee Expense	22.2%	0.93	0.91	0.43	0.49	0.81	1.22
Finance costs	-13.6%	0.08	0.19	0.54	0.82	0.86	1.94
Depreciation and Amortization	-44.2%	1.91	2.63	3.08	4.55	4.95	2.84
Other expenses	26%	4.88	4.08	2.4	2.65	4.2	4.08
Total Expenses	-55.8%	20	44	24	28	33	35
Profit Before exceptional items and Tax	-182.3%	-0.9	3.31	1.22	0.41	0.75	1.31
Total profit before tax	-182.3%	-0.9	3.31	1.22	0.41	0.75	1.31
Current tax	-350%	0.5	1.2	0.54	0.18	0.19	0.32
Deferred tax	2.6%	-0.14	-0.17	-0.17	0.01	-0.03	-0.02
Total tax	-2233.3%	0.36	1.03	0.37	0.2	0.16	0.3
Total profit (loss) for period	-275.2%	-1.26	2.29	0.85	0.21	0.59	1
Total Comprehensive Income	-275.2%	-1.26	2.29	0.85	0.21	0.59	1
Earnings Per Share, Basic	-133.3%	-0.26	0.46	0.17	0.04	0.12	0.2
Earnings Per Share, Diluted	-133.3%	-0.26	0.46	0.17	0.04	0.12	0.2

Consolidated figures (in Rs. Crores) / View Standalone Data

QuarterlyAnnual

Description	(%) Q/Q	Dec-2024	Sep-2024	Jun-2024	Mar-2024	Dec-2023	Sep-2023
Revenue From Operations	-	36	-	-	-	-	-
Other Income	-	0.76	-	-	-	-	-
Total Income	-	37	-	-	-	-	-
Cost of Materials	-	32	-	-	-	-	-
Employee Expense	-	0.71	-	-	-	-	-
Finance costs	-	0.12	-	-	-	-	-
Depreciation and Amortization	-	1.17	-	-	-	-	-
Other expenses	-	1.58	-	-	-	-	-
Total Expenses	-	36	-	-	-	-	-
Profit Before exceptional items and Tax	-	1.02	-	-	-	-	-
Total profit before tax	-	1.02	-	-	-	-	-
Current tax	-	0.43	-	-	-	-	-
Deferred tax	-	-0.18	-	-	-	-	-
Total tax	-	0.26	-	-	-	-	-
Total profit (loss) for period	-	0.77	-	-	-	-	-
Total Comprehensive Income	-	0.77	-	-	-	-	-
Earnings Per Share, Basic	-	0.16	-	-	-	-	-
Earnings Per Share, Diluted	-	0.16	-	-	-	-	-

Valuation
Market Cap	168.68 Cr
Price/Earnings (Trailing)	273.17
Price/Sales (Trailing)	4.11
EV/EBITDA	59.78
Price/Free Cashflow	2.13 K
MarketCap/EBT	149.3

Fundamentals
Revenue (TTM)	41.08 Cr
Rev. Growth (Yr)	131.03%
Rev. Growth (Qtr)	-25.59%
Earnings (TTM)	61.75 L
Earnings Growth (Yr)	57.29%
Earnings Growth (Qtr)	-48.85%

Profitability
Operating Margin	2.75%
EBT Margin	2.75%
Return on Equity	1.09%
Return on Assets	0.95%
Free Cashflow Yield	0.05%

Investor Care
Shares Dilution (1Y)	0.00%
Diluted EPS (TTM)	0.26

Financial Health
Current Ratio	5.51
Debt/Equity	0.06
Debt/Cashflow	0.03

Balance Sheet for Surana Solar

Consolidated figures (in Rs. Crores) / View Standalone Data

Standalone figures (in Rs. Crores) / View Consolidated Data

Description	(%) Q/Q	Sep-2024	Mar-2024	Sep-2023	Mar-2023	Sep-2022
Cash and cash equivalents	-32.4%	0.06	0.29	0.01	0.12	0.81
Current investments	-21.2%	6.55	8.04	0.19	5.62	0.6
Total current financial assets	121.9%	18	8.66	1.39	6.36	3.97
Inventories	0%	18	18	21	13	15
Total current assets	26.5%	44	35	32	30	29
Property, plant and equipment	-7.7%	13	14	15	20	21
Loans, non-current	-23.4%	7.79	9.87	13	10	11
Total non-current financial assets	-22.6%	7.97	10	13	10	11
Total non-current assets	-13%	21	24	27	30	32
Total assets	10.3%	65	59	59	59	61
Borrowings, non-current	-	0	0	0	0	0.54
Total non-current financial liabilities	-	0	0	0	0	0.54
Total non-current liabilities	-18.8%	0.24	0.36	0.38	0.5	1.21
Borrowings, current	-	3.6	0	0.2	0	0
Total current financial liabilities	883.1%	7.03	0.23	0.86	0.51	1.01
Provisions, current	-10.7%	0.07	0.16	0.16	0.06	0.49
Current tax liabilities	5.8%	0.35	0.31	0	0.24	0
Total current liabilities	422.4%	8	2.34	2.48	1.51	2.69
Total liabilities	325.9%	8.24	2.7	2.86	2.01	3.89
Equity share capital	0%	25	25	25	25	25
Total equity	1.8%	57	56	56	57	57
Total equity and liabilities	10.3%	65	59	59	59	61

SURANASOL - Surana Solar Limited Share Price

What does Surana Solar Limited do?

Sector Comparison: SURANASOL vs Electrical Equipment

Comparative Metrics

Performance Comparison

Share Holdings

Holding Pattern

Share Holding Details

Overall Distribution

Ownership Distribution

Revenue Breakdown

Cash Flow for Surana Solar

Income Statement for Surana Solar

Valuation

Fundamentals

Profitability

Investor Care

Financial Health

Balance Sheet for Surana Solar

Price to Sales Ratio

Revenue (Last 12 mths)

Net Income (Last 12 mths)