Is Suraj a good quality company?

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

Is Suraj undervalued or overvalued?

The key valuation ratios of Suraj Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone .

What is Suraj share price return in the past 10 years?

Suraj Ltd share price has appreciated 21.6% annually (CAGR) over the past ten years.

Is Suraj a good buy now?

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

Suraj Ltd - Stock Valuation and Financial Performance

Name: Suraj
Brand: Suraj

BSE: 531638 | NSE: SURAJLTD | Steel & Iron Products | Small Cap

Place order

Suraj Share Price

₹380.50 -18.50 -4.64%
as on 20-Jun'25 16:59

10 Year X-Ray of Suraj:

Analysis of Financial Track Record

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

Standalone Basis ^P Consolidated Basis ^P

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

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	TTM
ROCE % ⓘ	4.8%	4.9%	5.3%	5.9%	6.7%	6.8%	7.5%	25.9%	23.9%	12.4%	-
Value Creation Index ⓘ	-0.7	-0.7	-0.6	-0.6	-0.5	-0.5	-0.5	0.9	0.7	-0.1	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	154	196	207	179	176	188	344	367	331	234	234
Sales YoY Gr.	-	27.9%	5.5%	-13.3%	-2.1%	7.2%	82.5%	6.7%	-9.8%	-29.3%	-
Adj EPS ⓘ	0.8	0.1	-1.1	0.8	0.2	-0.3	-0.3	8.9	10	4.8	6.4
YoY Gr.	-	-94%	-2340%	NA	-82.1%	-320%	NA	NA	12.9%	-51.7%	-
BVPS (₹) ⓘ	44.5	44.2	44.4	45.1	45.6	46.3	47.9	56.5	66.3	71.1	71.1
Adj Net Profit ⓘ	1.6	0.1	-2.2	1.6	0.3	-0.6	-0.5	16.3	18.4	8.9	12
Cash Flow from Ops. ⓘ	9.6	15.9	14.5	26.3	30.5	32.5	33.3	44.6	40.8	-9	-
Debt/CF from Ops. ⓘ	12.7	7.3	7.7	3.8	2.7	1.7	1.1	0.5	0.8	-7.1	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	4.8%	5.9%	-12.1%	-29.3%
Adj EPS ⓘ	21.6%	100.3%	NA	-51.7%
BVPSⓘ	5.4%	9.3%	14.1%	7.3%
Share Price	21.6%	73.3%	77.3%	60.5%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	TTM
Return on Equity % ⓘ	1.9	0.1	-2.5	1.9	0.3	-0.7	-0.5	16.6	16.3	7	9
Op. Profit Mgn % ⓘ	11.9	7.9	6.3	10	9.8	7.2	3.6	9.5	11.9	12.1	12.1
Net Profit Mgn % ⓘ	1.1	0.1	-1	0.9	0.2	-0.3	-0.1	4.4	5.6	3.8	5
Debt to Equity ⓘ	1.4	1.4	1.3	1.1	0.9	0.6	0.4	0.2	0.3	0.5	0
Working Cap Days ⓘ	334	266	270	289	278	242	120	96	95	160	82
Cash Conv. Cycle ⓘ	300	225	214	234	218	181	81	61	55	90	16

Recent Performance Summary

No data to display

Return on Equity has declined versus last 3 years average to 9.00%

Sales growth has been subdued in last 3 years -12.06%

Net Profit has been subdued in last 3 years 0.00%

Sales growth is not so good in last 4 quarters at -29.07%

Latest Financials - Suraj Ltd.

	Standalone	Consolidated
TTM EPS (₹)	6.4	7.3
TTM Sales (₹ Cr.)	234	234
BVPS (₹.) ⓘ	71.1	72.4
Reserves (₹ Cr.) ⓘ	112	115
P/BV ⓘ	5.35	5.25
PE ⓘ	59.69	52.52

From the Market
52 Week Low / High (₹)	220.05 / 530.40
All Time Low / High (₹)	0.43 / 530.40
Market Cap (₹ Cr.)	699
Equity (₹ Cr.)	18.4
Face Value (₹)	10
Industry PE ⓘ	23.3

Management X-Ray of Suraj:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

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

Valuation of Suraj

Price Calculator

Price Chart

Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

No data found!

Key Ratios of Suraj

Standalone Basis Consolidated Basis

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Sales	153	196	207	179	176	188	344	367	331	234
Operating Expenses ⓘ	137	181	194	162	159	175	331	332	291	205
Manufacturing Costs	9	12	16	14	15	14	32	37	31	31
Material Costs	107	149	147	131	124	145	280	269	228	144
Employee Cost	9	11	11	11	14	12	14	17	22	22
Other Costs ⓘ	11	8	21	5	6	4	6	8	10	8
Operating Profit ⓘ	17	16	13	18	17	14	12	35	39	28
Operating Profit Margin (%)	10.8%	7.9%	6.3%	9.8%	9.8%	7.2%	3.6%	9.5%	11.9%	12.1%
Other Income ⓘ	1	1	4	0	1	4	5	6	3	4
Interest ⓘ	10	9	10	10	10	9	6	4	4	5
Depreciation ⓘ	7	6	6	7	7	7	7	8	9	11
Exceptional Items ⓘ	0	0	0	0	0	0	0	0	0	0
Profit Before Tax ⓘ	1	1	1	1	2	2	5	29	30	17
Tax ⓘ	0	0	1	0	1	1	2	8	9	5
Profit After Tax	0	0	0	1	1	1	3	20	21	12
PAT Margin (%)	0.3%	0.2%	0.2%	0.8%	0.6%	0.7%	0.9%	5.5%	6.2%	5.0%
Adjusted EPS (₹)	0.2	0.2	0.2	0.7	0.5	0.7	1.6	11.0	11.3	6.4
Dividend Payout Ratio (%)	0%	0%	0%	0%	0%	0%	0%	0%	13%	24%

Balance Sheet

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Equity and Liabilities
Shareholders Fund	86	85	86	87	88	89	92	104	122	131
Share Capital ⓘ	19	19	19	19	19	19	19	18	18	18
Reserves ⓘ	66	66	66	68	69	70	73	85	103	112
Minority Interest	0	0	0	0	0	0	0	0	0	0
Debt	122	116	112	99	81	56	35	22	34	64
Long Term Debt	0	0	0	0	0	0	0	0	0	0
Short Term Debt	122	116	112	99	81	56	35	22	34	64
Trade Payables	2	17	8	6	12	16	21	5	14	12
Others Liabilities ⓘ	6	10	8	7	8	8	9	15	16	13
Total Liabilities ⓘ	216	229	213	198	188	169	158	146	185	220
Fixed Assets
Gross Block	152	152	157	159	163	165	172	190	224	238
Accumulated Depreciation	84	90	96	103	109	116	123	131	139	149
Net Fixed Assetsⓘ	68	63	61	57	54	49	49	60	85	89
CWIP ⓘ	0	3	0	0	0	0	0	0	0	0
Investmentsⓘ	0	0	0	0	0	0	0	0	13	13
Inventories	101	99	88	84	93	77	61	28	24	52
Trade Receivables	33	42	42	31	22	25	28	33	34	33
Cash Equivalents	5	5	4	5	3	0	1	1	0	0
Others Assetsⓘ	8	17	18	22	17	17	19	24	28	33
Total Assets ⓘ	216	229	213	198	188	169	158	146	185	220

Cash Flow

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Cash Flow From Operating Activity ⓘ	10	16	14	26	31	33	33	45	41	-9
PBT ⓘ	1	1	1	1	2	2	5	29	30	17
Adjustment ⓘ	15	14	16	17	16	15	13	12	12	14
Changes in Working Capital ⓘ	-3	2	-2	9	13	16	17	13	11	-37
Tax Paid ⓘ	-3	0	-1	-1	-1	-1	-1	-8	-13	-3
Cash Flow From Investing Activity ⓘ	5	-2	-1	-2	-4	-2	-7	-19	-47	-14
Capex	-2	-3	-2	-2	-4	-2	-7	-19	-34	-14
Net Investments	0	0	0	0	0	0	0	0	-13	0
Others ⓘ	6	1	0	0	0	0	0	0	0	0
Cash Flow From Financing Activityⓘ	-14	-13	-14	-23	-28	-34	-26	-26	6	23
Net Proceeds from Shares ⓘ	0	0	0	0	0	0	0	0	0	0
Net Proceeds from Borrowing ⓘ	0	0	0	0	0	0	0	0	0	0
Interest Paid ⓘ	-8	-8	-10	-10	-10	-9	-6	-4	-3	-5
Dividend Paid ⓘ	-3	0	0	0	0	0	0	0	-3	-3
Others ⓘ	-3	-6	-5	-13	-18	-25	-20	-22	12	30
Net Cash Flow ⓘ	0	0	-1	1	-1	-3	0	0	0	0

Finance Ratio

Standalone Basis Consolidated Basis

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Ratios
ROE (%)	0.46	0.5	0.45	1.63	1.11	1.55	3.31	20.54	18.33	9.28
ROCE (%)	4.75	4.9	5.26	5.94	6.7	6.84	7.49	25.85	23.89	12.35
Asset Turnover Ratio	0.71	0.93	0.94	0.87	0.91	1.06	2.11	2.42	2	1.15
PAT to CFO Conversion(x)	N/A	N/A	N/A	26	31	33	11	2.25	1.95	-0.75
Working Capital Days
Receivable Days	69	67	74	74	54	45	28	31	37	52
Inventory Days	244	177	165	175	184	165	73	44	29	60
Payable Days	16	23	31	19	26	35	24	18	15	33

Suraj Ltd Stock News

Suraj Ltd FAQs

What is the share price of Suraj?

Company share prices are keep on changing according to the market conditions. The closing price of Suraj on 20-Jun-2025 16:59 is ₹380.5.

What is the market cap of Suraj?

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 20-Jun-2025 16:59 the market cap of Suraj stood at ₹698.8.

What is the P/E ratio of Suraj?

The latest P/E ratio of Suraj as of 20-Jun-2025 16:59 is 59.69.

What is the P/B ratio of Suraj?

The latest P/B ratio of Suraj as of 20-Jun-2025 16:59 is 5.35.

What is the 52-week high and low of Suraj?

The 52-week high of Suraj is ₹530.4 and the 52-week low is ₹220.1.

What is the TTM revenue of Suraj?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Suraj is ₹233.7 ( Cr.) .

About Suraj Ltd

Suraj, earlier known as Suraj Stainless, a Suraj Group company, was founded by Tarachand Balaji Shah in 1960. Suraj Group established has spearheaded the mini-revolution with the aim to be one of the market leaders in the country. In 2011 company changed its name from Suraj Stainless Ltd to Suraj Ltd.

The company manufactures Stainless Steel Seamless & Welded Pipes, Tubes & â€˜Uâ€™ Tubes are manufactured and tested to international Standards, under strict supervision of highly qualified and experienced technocrats, to satisfy and meet the most critical demands of reputed industrial users for various applications, sizes, grades and specifications as per ASTM and also conforming other international GradeStandards Equivalent to ASME, DIN, NFA, JIS, etc.

Suraj Stainless specialises in tubing for Heat exchangers, Heater, Condensers, Heating Elements and Instrumentation with facility of annealed, pickled, cold rolled and weld bead removed tubes upto 22-meters long tubes. Suraj Stainless is a Govt. of India recognized Export House and is selling its premium products in India and abroad to more than 53 countries in all over the world.

All products of Suraj Stainless Ltd.' have to meet a very high standard, set by stringent quality specifications and norms. All process parameters and conditions are developed and constantly monitored throughout the entire manufacturing process.

A quality system to ISO 9001 : 2000 , AD 2000 â€“ Merkblatt / WO , and PED â€“ 97 /23/EC as outlined in this manual has been developed and implemented to ensure that all the customer requirements is satisfied. The quality system is applicable to all departments and all activities undertaken by the company for manufacturing of Stainless Steel Seamless/Welded Pipes, Tubes and â€˜Uâ€™ Tubes.

In 2010 commenced Production of Large Diameter Fusion Welded Pipes to Specification ASTM A-358. A-409, A-779, A-928

Product range of the company includes:

Seamless ferritic and austenitic alloy steel boiler, super heater and heat Exchanger tubes

The company is specialized in tubing for equipment like

- Heat Exchanger- Heating Elements- Surface Condensers- Evaporators- Digesters- Instrumentation and Fluid Pipings.

SEBI Registered: Investment Adviser - INA000013323 RIA Details

Warning: Investment in securities market are subject to market risks. Read all the related documents carefully before investing.

Disclaimer: Registration granted by SEBI, membership of BASL (in case of IAs) and certification from NISM in no way guarantee performance of the intermediary or provides any assurance of returns to investors.

Compliance Officer:

Name: Shrikant Jagtap

Email: shrikant.jagtap@moneyworks4me.com

Mobile No: +91 97638 00745

Grievance Officer:

Name: Mukta Vaze

Email: mukta.vaze@moneyworks4me.com

Mobile No:+91 98609 19463

Principal Officer:

Name: Atharva Bhide

Email: atharva.bhide@moneyworks4me.com

Mobile No:+91 91758 99463

SEBI regional/local office address-

Plot No. C 4-A , G Block, Near Bank of India, Bandra Kurla Complex, Bandra East, Mumbai, Maharashtra 400051

Address:

The Alchemists Ark Pvt. Ltd., B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045

Data provided by Accord Fintech Pvt. Ltd.

Please wait your portfolio is updating...

Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
Logo:
Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
Brand Logo:
SEBI Registration Number:	INA000013323 Validity - May 16, 2019 - Perpetual
BASL Membership ID:	BASL1187
Address	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045
Compliance officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com Telephone: +91 98609 19463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com Telephone: +91 91758 99463 Address: Same as IA
Standard Warning:	Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
Disclaimer:	Registration granted by SEBI, membership of BASL and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.

Suraj Ltd - Stock Valuation and Financial Performance

Suraj Share Price

DeciZen - make an informed investing decision on Suraj Share

Overall Rating ⓘ

1. Quality

2. Valuation

3. Price Trend

Suraj stock performance -

Is Suraj Ltd an attractive stock to invest in?

1. Is Suraj Ltd a good quality company?

2. Is Suraj Ltd undervalued or overvalued?

3. Is Suraj Ltd a good buy now?

10 Year X-Ray of Suraj: Share

Analysis of Financial Track Record

Value Creation ⓘ

Growth Parameters ⓘ

CAGR ⓘ

Key Financial Parameters ⓘ

Recent Performance Summary

Latest Financials - Suraj Ltd.

Management X-Ray of Suraj: Share

Shareholding Pattern

Promoter's Holding & Share Pledging