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Suratwwala Business Group Ltd (SBGLP)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 543218 NSE: SBGLP Construction - Real Estate | Small Cap | Suratwwala Business Share Price

₹25.04 0.14 (0.56%)

As on 09-Jun'26 16:59

Suratwwala Business Group Ltd (SBGLP)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 543218 NSE: SBGLP Construction - Real Estate | Small Cap | Suratwwala Business Share Price

₹25.04 0.14 (0.56%)

As on 09-Jun'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹434 Cr.
Current Price
₹25
52-Week Low / High
₹18 / 49
TTM EPS
₹1.8
TTM Sales
₹89.3 Cr.
Book Value per Share
₹5.6
P/E Ratio
14.24
Lower than its 5-year historical median
Industry PE
42.6
Price to Book (P/B)
4.46
Lower than its 5-year historical median
Price to Sales (P/S)
4.86
Lower than its 5-year historical median
EV/EBITDA
12.16
Lower than its 5-year historical median
Dividend Yield
0.29%
Profitability Efficiency
Return on Equity (ROE)
16.99%
Outperforms industry median
Return on Capital Employed (ROCE)
14.34%
Outperforms industry median
Return on Assets (ROA)
7.77%
Operating Profit Margin
41.4%
Net Profit Margin
33.3%
Gross Profit Margin
46.7%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Slowing versus 3-year growth rate
-55.21%
Operating Profit Growth (1 Year)
-
-66.07%
Net Profit Growth (1 Year)
-
-61.38%
Asset Quality
Promoter Holding
73.39%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹80 Cr.
Equity
₹17.3 Cr.
Face Value
₹1
All Time Low / High
₹1.52 / 143.05

Suratwwala Business Group stock performance

Key Ratios
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Quality

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Valuation

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Price Trend

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Q.1 Is Suratwwala Business Group Ltd a good quality company?
Suratwwala Business Group Ltd is a average quality company, based on a somewhat consistent multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Suratwwala Business Group Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Suratwwala Business Group Ltd vs industry peers?
Suratwwala Business Group Ltd revenue CAGR is 24.57%, compared to the industry median CAGR of 0.00%, indicating faster growth and gaining its market share.
Q.1 Promoter shareholding and pledge status of Suratwwala Business Group Ltd?
Promoters hold 73.39% of the Suratwwala Business Group Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Suratwwala Business Group Ltd over the last decade?
Over the last 5 year(s), the stock has delivered a CAGR of 30.66% based on the current price.

10 Year X-Ray : Login to view analysis.

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Suratwwala Business Group Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 0%32.6%35.2%14%10.2%26%-9.4%222.5%81.9%14.3%-
Value Creation
Index
NA1.31.5-0-0.30.9NA14.94.90.0-

Growth Parameters

Sales 016.310.8910.812.80.861.87232.289
Sales YoY Gr.-NA-33.6%-17.2%19.8%18.6%-93.8%7,722.8%16.5%-55.2%-
Adj EPS 00.30.30.100.4-0.61.20.20.61.8
YoY Gr.-NA24%-71%-55.6%800%-272.2%NA-86.9%275%-
BVPS (₹) 00.711.11.11.6-0.60.60.345.6
Adj Net
Profit
02.22.70.80.66.2-10.821.227.810.431
Cash Flow from Ops. 00.62.4-12.6-11.6-6.89.17.40.9-2.8-
Debt/CF from Ops. 011.41.8-1.3-2.1-3.62.10.924.1-21.5-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales NA24.6%244.3%-55.2%
Adj EPS NA71.9%NA275%
BVPSNA29.1%NA1097%
Share Price - 30.6% 4.7% -41.1%

Key Financial Parameters

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
03636.38.24.830.2-1274185.480.516.436.8
Op. Profit
Mgn %
026.441.130.932.487.9-456.248.754.541.445
Net Profit
Mgn %
013.625.38.55.348.6-1355.934.238.632.234.2
Debt to
Equity
01.20.51.61.70.9-1.90.60.40.90.7
Working Cap
Days
009371,4591,5721,72635,9635254821,325274
Cash Conv.
Cycle
00587661,00574328,499375310852165

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales1611911131627232
Operating Expenses + 1266724323319
Manufacturing Costs314000000
Material Costs61-24-20232814
Employee Cost 012221211
Other Costs 242223634
Operating Profit 443311-4303913
Operating Profit Margin (%) 26.4%41.1%30.7%30.7%87.9%-456.0%48.6%54.5%41.3%
Other Income + 000011012
Exceptional Items 000000000
Interest 101344320
Depreciation 000000000
Profit Before Tax 34118-7273815
Tax 1210246104
Profit After Tax 23106-11212811
PAT Margin (%) 13.7%25.3%8.5%4.2%48.6%-1,354.3%34.3%38.6%33.3%
Adjusted EPS (₹)0.30.30.10.00.4-0.61.20.20.6
Dividend Payout Ratio (%)0%0%0%0%11.20%0%0%0%16.20%

Valuation of Suratwwala Business - Standalone

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + 69101427-10115868
Share Capital 009131717171717
Reserves 691110-27-64151
Debt +741624241972159
Long Term Debt74162418135552
Short Term Debt0000662167
Minority Interest000000000
Trade Payables1141228912
Others Liabilities 141715152178681929
Total Liabilities 28314454748994107169

Fixed Assets

Net Fixed Assets +0111011121
Gross Block1122223324
Accumulated Depreciation111111223
CWIP 000000000
Investments 1022211311
Inventories1319263243717778103
Trade Receivables0046101172
Cash Equivalents 000111161
Others Assets 131012131715141430
Total Assets 28314454748994107169

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + 12-13-12-7971-3
PBT 34118-7273815
Adjustment 10-00032-0-0
Changes in Working Capital -3-1-14-12-1313-19-30-16
Tax Paid -1-20-0-20-4-6-2
Cash Flow From Investing Activity + 31-0-0-0-0-1-10-41
Capex -0-0-0-0-0-0-0-0-20
Net Investments 310000-100
Others 0000000-9-21
Cash Flow From Financing Activity -4-413127-9-71439
Net Proceeds from Shares + 000470000
Net Proceeds from Borrowing -3-31280-4-8-047
Interest Paid -1-0-100-3-2-0-0
Dividend Paid 00000-1000
Others 0020-0-1314-8
Net Cash Flow -0-0-000-005-4

Financial Ratio

PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)35.9936.318.183.8430.22N/A4193.8180.6116.99
ROCE (%)32.5835.1513.9910.226.04N/A222.5281.8914.34
Asset Turnover Ratio0.580.370.240.220.20.010.680.720.23
PAT to CFO Conversion(x)0.50.67-13N/A-1.17N/A0.330.04-0.27
Working Capital Days
Receivable Days00166166.10230.702,579.704.4018.9048.80
Inventory Days290542.30918.40977.601,065.900435.80392.501,027.60
Payable Days55.80390.90-510.70243-220.70076.90111.30284.90

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Suratwwala Business Group Ltd FAQs

The current trading price of Suratwwala Business on 09-Jun-2026 16:59 is ₹25.04.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 08-Jun-2026 the market cap of Suratwwala Business stood at ₹434.2 Cr

The latest P/E ratio of Suratwwala Business as of 08-Jun-2026 is 14.24.

The latest P/B ratio of Suratwwala Business as of 08-Jun-2026 is 4.46.

The 52-week high of Suratwwala Business is ₹49.19 and the 52-week low is ₹18.41.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Suratwwala Business is ₹89.29 ( Cr.) .

Past 10 year's financial track record analysis by Moneyworks4me indicates that Suratwwala Business Group Ltd is a average quality company.

The key valuation ratios of Suratwwala Business Group Ltd's currently when compared to its past seem to suggest it is in the Somewhat Undervalued zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Suratwwala Business Group Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

About Suratwwala Business Group Ltd

Suratwwala Business Group was originally incorporated as ‘Suratwala Housing Private Limited’ under the provisions of the Companies Act, 1956 vide Certificate of Incorporation dated January 31, 2008 issued by the Registrar of Companies, Maharashtra, Pune. Thereafter, the name of the company was changed to ‘Suratwwala Business Group Private Limited’ and a fresh certificate of incorporation consequent upon change of name dated May 15, 2019 was issued by the Registrar of Companies, Maharashtra, Pune. Subsequently, the company was converted into a public limited company pursuant to a Shareholders' Resolution passed at the Extra-Ordinary General meeting of the company held on July 29, 2019 and the name of the company was changed to ‘Suratwwala Business Group Limited’ vide a fresh certificate of incorporation dated November 21, 2019 issued by the Registrar of Companies, Maharashtra, Pune.

The company is a real estate development company primarily focusing on development of residential and commercial projects in the Pune district. Its business activities comprise of development and sale of residential as well as commercial properties (the Development Business) and the maintenance of the properties developed by it (the Maintenance Business). Apart from the development and maintenance business, it also focuses on providing the space on rent such as renting for mobile tower, hoardings and banners on building or renting of the unsold space for short durations.

The company’s Development Business spans all activities related to real estate development, which begins from the identification and acquisition of land till through the planning, execution and sales of its developed projects. It uses its knowledge, experience and information from internal and external sources in making decision relating to land acquisition, development and lease/sales decisions. It emphasizes more on quality design and quality construction and work with different domestic architects and contractors in order to ascertain the best possible design and amenities which can be provided to the customers.

Business area of the company

Suratwwala Business Group and its subsidiaries are primarily engaged in the business of construction of residential, commercial, IT Parks, renting of immovable properties and in solar power generating activity along with other related business auxiliary services.

Business model of the company

  • Real estate development
  • Renting service
  • Maintenance service

Awards

  • 2012: Debut Residential project Sweet 16 at Baner Awarded for being among the top three nominated project at CREDAI Real-estate Award 2012.
  • 2020: The company received certificate of recognition for Top Commercial Projects in September 2020 from Times Real Estate Icons West India 2020.
  • 2021: The company received certificate of excellence in commercial real estate projects at Pune Times Mirror Awards 2021.
  • 2022: The company has bagged the Most Iconic Young Business Leader in Golden Aim Conference Award 2022.
  • 2022: Lokmat Vishwakarma Award 2022.
  • 2022: ‘Best Commercial Projject Award of the Year – Suratwwala Mark Plazzo’ from the hands of Hon’ble Eknath Shinde – Chief Minister, State of Maharashtra at CONSTRUCTION TIMES BAM Awards 2022.
  • 2023: Suratwwala Business Group has been honored with the prestigious ET Business Awards 2023 2023 From the hand of actors ‘Sanya Malhotra’ in the Category at Trustworthy Brand in Pune Real Estate.
  • 2024: Sakal Mahabrand Award 2024.
  • 2025: Best Employer Brand Awards 2025 from the Maharashtra State.

History and milestones:

  • 2008: Incorporation of company as ‘Suratwala Housing Private Limited’ under the Companies Act, 1956.
  • 2008: Marked the beginning of Real-estate operations in Pune district by commencing construction of residential project ‘Suratwala Sweet 16’ at Baner, Pune.
  • 2010: Completion of the residential project ‘Suratwala Sweet 16’ at Baner.
  • 2012: The company was awarded with a Certificate for the project ‘Suratwala’s Sweet 16’ for being among the top three nominated projects under the category Residential-Apartment-Low Cost- Non-Metro at the CREDAI Real Estate Awards 2012.
  • 2015: Started Construction of commercial building ‘Suratwala Mark Plazzo Phase I’ at village Hinjewadi, near Rajiv Gandhi IT Park, Pune.
  • 2016: Successfully completed first commercial project ‘Suratwala Mark Plazzo Phase I’.
  • 2019: Awarded with a ‘Certificate of Membership’ under the authority of ‘CREDAI’ Association.
  • 2019: Change in the name of Company from ‘Suratwala Housing Private Limited’ to ‘Suratwwala Business Group Private Limited’.
  • 2019: Conversion of company from private to public i.e. from ‘Suratwwala Business Group Private Limited’ to ‘Suratwwala Business Group Limited’.
  • 2019: Launching commercial project ‘Suratwala Mark Plazzo Phase II’ at Hinjewadi.
  • 2020: Listed on BSE SME.
  • 2023: Migrated from BSE SME to NSE SME main board.
  • 2025: Suratwwala Business Group’s subsidiary -- Suratwwala Royyal Hills Properties LLP received environmental clearance certificate for the project 'Californiaa West' towards construction of residential housing project at Kasar Amboli, Pune.

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