What is Surya Roshni Ltd (SURYAROSNI) share price return in the past 10 years?

Surya Roshni Ltd share price has appreciated 20% annually (CAGR) over the past ten years.

What is the share price of Surya Roshni Ltd (SURYAROSNI)?

Company share prices are keep on changing according to the market conditions. The current trading price of Surya Roshni Ltd (SURYAROSNI) on 02-Jul-2026 16:59:59 at 16:59 is 257.95.

What is the P/E ratio of Surya Roshni?

The latest standalone P/E ratio of Surya Roshni as of 02-Jul-2026 is 19.66.

What is the P/B ratio of Surya Roshni Ltd (SURYAROSNI)?

The latest standalone P/B ratio of Surya Roshni Ltd (SURYAROSNI) as of 02-Jul-2026 is 2.13.

What is the 52-week high and low of Surya Roshni Ltd (SURYAROSNI)?

The 52-week high of Surya Roshni Ltd (SURYAROSNI) is Rs. 351.10 and the 52-week low is Rs. 187.00.

Surya Roshni Ltd (SURYAROSNI) Share Analysis – Quality, Valuation Zone & Price Trend & DeciZen Rating

Name: Surya Roshni Ltd (SURYAROSNI)
Brand: Surya Roshni

Key Metrics

Valuation Multiples

Market Cap

₹5,614 Cr.

Current Price

₹258

52-Week Low / High

₹187 / 351

TTM EPS

₹13.1

TTM Sales

₹7,540 Cr.

Book Value per Share

₹121

P/E Ratio

19.66

Higher than its 5-year historical median

Industry PE

24.3

Price to Book (P/B)

2.13

Lower than its 5-year historical median

Price to Sales (P/S)

0.74

Higher than its 5-year historical median

EV/EBITDA

9.66

Higher than its 5-year historical median

Dividend Yield

2.13%

Profitability Efficiency

Return on Equity (ROE)

15.20%

Outperforms industry median

Return on Capital Employed (ROCE)

21.06%

Outperforms industry median

Return on Assets (ROA)

11.33%

Operating Profit Margin

7.8%

Net Profit Margin

4.69%

Gross Profit Margin

7.9%

Growth Momentum
1-yr vs 3-yr growth

Sales Growth (1 Year)

Slowing versus 3-year growth rate

-4.78%

Operating Profit Growth (1 Year)

Slowing versus 3-year growth rate

1.23%

Net Profit Growth (1 Year)

Slowing versus 3-year growth rate

5.94%

Asset Quality

Promoter Holding

63.00%

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

0.00%

Reserves

₹2,523 Cr.

Equity

₹108.8 Cr.

Face Value

₹5

All Time Low / High

₹1.86 / 420.75

Surya Roshni stock performance

Key Ratios

Check Before You Invest

Quality

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Valuation

Locked

Price Trend

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Q.1 Is Surya Roshni Ltd a good quality company?

Surya Roshni Ltd is a good quality company, based on a consistently good 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 Surya Roshni Ltd performance compare with that of its Peers?

Q.1 Revenue growth of Surya Roshni Ltd vs industry peers?

Surya Roshni Ltd revenue CAGR is 6.34%, compared to the industry median CAGR of 7.56%, indicating slower growth and losing its market share.

Q.1 Promoter shareholding and pledge status of Surya Roshni Ltd?

Promoters hold 63.00% of the Surya Roshni Ltd, with 0.00% of their stake pledged, indicating no pledge risk.

Q.1 Stock return of Surya Roshni Ltd over the last decade?

Over the last 9 year(s), the stock has delivered a CAGR of 20.4% 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

Value Creation ⓘ

	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	TTM
ROCE % ⓘ	11.6%	12.8%	12.5%	12.8%	10.9%	12.7%	16.2%	23%	21.2%	21.1%	-
Value Creation Index ⓘ	-0.2	-0.1	-0.1	-0.1	-0.2	-0.1	0.2	0.6	0.6	0.5	-
Growth Parameters ⓘ
Sales ⓘ	2,964	3,884	4,931	5,977	5,469	5,554	7,730	7,996	7,809	7,435	7,540
Sales YoY Gr.	-	31%	27%	21.2%	-8.5%	1.6%	39.2%	3.4%	-2.3%	-4.8%	-
Adj EPS ⓘ	3.6	4	5	5.6	4.7	7.3	9.7	15.6	15.1	15.9	13.1
YoY Gr.	-	10.9%	25.2%	11.9%	-15.5%	55.5%	33%	60.5%	-3.2%	5.3%	-
BVPS (₹) ⓘ	39.4	43.7	48.1	52.9	56.9	63.6	72.1	85.8	98.7	112.2	121
Adj Net Profit ⓘ	62.8	86.5	108	121	102	157	207	336	328	346	286
Cash Flow from Ops. ⓘ	208	256	155	120	280	540	285	279	540	393	-
Debt/CF from Ops. ⓘ	4.3	4.2	7.1	9.9	3.9	1.3	2	1.5	0	0	-

CAGR ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	10.8%	6.3%	-1.3%	-4.8%
Adj EPS ⓘ	18%	27.6%	17.8%	5.3%
BVPSⓘ	12.3%	14.5%	15.9%	13.6%
Share Price	20%	14%	9.2%	-23.9%

Key Financial Parameters ⓘ

	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	TTM
Return on Equity % ⓘ	8.4	10.5	10.8	11	8.6	12	14.2	19.7	16.3	15	11.3
Op. Profit Mgn % ⓘ	8.2	8.1	7	6.2	6.5	6.8	5.8	7.7	7.4	7.8	6.5
Net Profit Mgn % ⓘ	2.1	2.2	2.2	2	1.9	2.8	2.7	4.2	4.2	4.7	3.8
Debt to Equity ⓘ	1.3	1.1	1.1	1	0.9	0.5	0.4	0.2	0	0	0
Working Cap Days ⓘ	123	114	117	111	127	124	95	97	97	99	57
Cash Conv. Cycle ⓘ	83	71	73	73	87	79	56	61	67	68	39

Profit And Loss

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Sales	2,964	3,884	4,931	5,977	5,469	5,554	7,730	7,996	7,809	7,435
Operating Expenses ⓘ +	2,722	3,571	4,585	5,605	5,115	5,177	7,288	7,382	7,236	6,856
Manufacturing Costs	138	147	159	170	185	168	208	230	229	228
Material Costs	2,124	2,853	3,771	4,686	4,197	4,301	6,150	6,174	6,033	5,591
Employee Cost	186	236	269	294	304	307	340	372	410	436
Other Costs ⓘ	274	335	387	455	430	401	590	605	564	602
Operating Profit ⓘ	242	313	346	372	354	377	442	614	572	579
Operating Profit Margin (%)	8.2%	8.1%	7.0%	6.2%	6.5%	6.8%	5.7%	7.7%	7.3%	7.8%
Other Income ⓘ +	2	1	3	4	3	5	6	5	14	31
Exceptional Items ⓘ	0	0	0	0	0	0	0	0	0	0
Interest ⓘ	96	113	105	115	114	70	64	45	24	21
Depreciation ⓘ	61	84	87	89	103	103	108	115	117	123
Profit Before Tax ⓘ	87	118	156	173	139	209	276	459	445	467
Tax ⓘ	24	31	48	52	37	53	72	124	116	119
Profit After Tax	63	86	108	121	102	157	205	335	329	348
PAT Margin (%)	2.1%	2.2%	2.2%	2.0%	1.9%	2.8%	2.7%	4.2%	4.2%	4.7%
Adjusted EPS (₹)	3.6	4.0	5.0	5.6	4.7	7.3	9.6	15.6	15.2	16.0
Dividend Payout Ratio (%)	7%	9.50%	10.10%	9%	10.70%	10.30%	10.40%	11.20%	16.50%	34.30%

Valuation of Surya Roshni - Standalone

YTD 1Y 3Y 5Y 10Y Max

Analyst's Notes

No data found!

Balance Sheet

(All Figures are in Crores.)

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 +	691	951	1,047	1,152	1,239	1,364	1,538	1,846	2,142	2,441
Share Capital ⓘ	44	54	54	54	54	54	53	54	54	109
Reserves ⓘ	648	897	993	1,098	1,185	1,310	1,485	1,792	2,088	2,332
Debt +	846	1,031	1,071	1,132	1,032	665	580	404	4	3
Long Term Debt	333	401	354	335	270	172	61	0	0	0
Short Term Debt	513	631	717	797	762	493	519	404	4	3
Minority Interest	0	0	0	0	0	0	0	0	0	0
Trade Payables	215	341	408	350	295	480	594	407	369	364
Others Liabilities ⓘ	225	293	328	395	405	430	401	398	404	424
Total Liabilities ⓘ	1,977	2,616	2,855	3,029	2,970	2,939	3,112	3,054	2,919	3,233
Fixed Assets
Net Fixed Assets ⓘ +	753	1,101	1,072	1,089	1,061	1,029	943	912	835	841
Gross Block	811	1,273	1,328	1,432	1,503	1,570	1,577	1,642	1,664	1,777
Accumulated Depreciation	58	172	256	343	442	541	634	729	829	936
CWIP ⓘ	18	16	22	25	15	10	53	8	17	57
Investments ⓘ	50	0	0	0	4	4	4	4	4	4
Inventories	470	655	829	844	913	868	987	1,152	1,086	902
Trade Receivables	526	632	713	838	698	753	885	745	715	894
Cash Equivalents	27	22	25	2	2	1	1	1	45	296
Others Assets ⓘ	132	191	196	232	278	274	239	232	217	239
Total Assets ⓘ	1,977	2,616	2,855	3,029	2,970	2,939	3,112	3,054	2,919	3,233

Cash Flow

(All Figures are in Crores.)

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 ⓘ +	208	256	155	120	280	540	285	279	547	393
PBT ⓘ	87	118	156	173	139	209	276	459	445	467
Adjustment ⓘ	156	193	194	204	210	172	176	161	144	121
Changes in Working Capital ⓘ	-13	-28	-160	-221	-30	212	-103	-236	90	-64
Tax Paid ⓘ	-22	-26	-35	-35	-39	-53	-64	-105	-132	-132
Cash Flow From Investing Activity ⓘ +	-51	-100	-63	-105	-52	-66	-54	-33	-51	-328
Capex	-51	-99	-65	-105	-48	-66	-54	-33	-51	-140
Net Investments	0	-1	2	0	0	0	0	0	0	-205
Others ⓘ	-0	0	0	-0	-4	0	0	0	-0	18
Cash Flow From Financing Activity ⓘ +	-156	-163	-88	-37	-229	-475	-231	-246	-461	-80
Net Proceeds from Shares ⓘ	0	0	0	0	0	0	0	3	3	2
Net Proceeds from Borrowing ⓘ	-50	-68	-60	15	-66	-105	-163	-61	0	0
Interest Paid ⓘ	-98	-118	-106	-118	-115	-68	-63	-44	-23	-20
Dividend Paid ⓘ	-4	-4	-7	-11	-11	-19	-8	-38	-49	-54
Others ⓘ	-3	28	85	77	-37	-283	3	-106	-392	-8
Net Cash Flow ⓘ	1	-7	4	-22	-1	-1	-0	-0	34	-15

Financial Ratio

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Ratios
ROE (%)	9.54	10.51	10.81	10.99	8.55	12.03	14.1	19.82	16.49	15.2
ROCE (%)	11.58	12.76	12.54	12.82	10.85	12.65	16.16	22.95	21.15	21.06
Asset Turnover Ratio	1.58	1.82	1.83	2.03	1.82	1.88	2.55	2.59	2.61	2.42
PAT to CFO Conversion(x)	3.3	2.98	1.44	0.99	2.75	3.44	1.39	0.83	1.66	1.13
Working Capital Days
Receivable Days	59.90	50.50	49	47.30	51.20	47.70	38.70	37.20	34.10	39.50
Inventory Days	49.10	49.10	54	51.10	58.60	58.50	43.80	48.80	52.30	48.80
Payable Days	33.20	35.50	36.30	29.50	28	32.90	31.90	29.60	23.50	23.90

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

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

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Surya Roshni Ltd FAQs

The current trading price of Surya Roshni on 02-Jul-2026 16:59 is ₹257.9.

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 01-Jul-2026 the market cap of Surya Roshni stood at ₹5,613.9 Cr

The latest P/E ratio of Surya Roshni as of 01-Jul-2026 is 19.66.

The latest P/B ratio of Surya Roshni as of 01-Jul-2026 is 2.13.

The 52-week high of Surya Roshni is ₹351.1 and the 52-week low is ₹187.0.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Surya Roshni is ₹7,540 ( Cr.) .

Past 10 year's financial track record analysis by Moneyworks4me indicates that Surya Roshni Ltd is a good quality company.

The key valuation ratios of Surya Roshni Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone.

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

About Surya Roshni Ltd

Surya Roshni was incorporated in 1973 with a steel pipe plant located at Bahadurgarh in Haryana. Presently, this plant has emerged as one of the largest in Asia, with a production capacity of 180000 MT of steel pipes annually. Today companyâ€™s product portfolio comprise of fluorescent tube lights, GLS lamps, CFL lamps, HPSV Lamps, HPMV Lamps Metal Halide Lamps and ERW pipe.

Company owns two manufacturing units at Malanpur and Kashipur. Companyâ€™s Malanpur unit was set up in 1984 and its Kashipur unit in 1992. These units have received ISO 9001:2000, ISO 14001:1996 and OHSAS18001:1999 certifications for quality management.

Presently, it has marketing network of 30 branches, over 1500 authorized dealers and over 1,00,000 retailers in India itself. In India, Surya Roshni is the second largest seller of GLS and FTL. Currently company has presence in over 48 countries namely Australia, Indonesia, Oman, Bahrain, Iran, Paraguay, Bangladesh, Jordan, Saudi Arabia, Botswana, Korea, Singapore, Columbia, Kenya, Sri Lanka, Egypt and many more.

Products

General Lighting Service Lamps (GLS lamps)
Fluorescent Tubes
Compact Fluorescent Lamp (CFL)
HID Lamps
Luminaries
Lighting Poles
High Masts
Miniature Circuit Breakers (MCB)
Accessories like choke and starters
Components like soda lime glass shells, tubular glass shells, aluminum caps, GLS filament, TL cathodes and CFL cathodes

Milestones

1973- Surya Roshni incorporated in 1973 with a steel pipe plant at Bahadurgarh in Haryana.
1984- Company set up lighting division at Kashipur.
1985- Its Kashipur unit started production of GLS chain and first chain of FTL. Company launched Surya tubes and bulbs.
1986-Companyâ€™s Kashipur unit started production of second chain of FTL. Company set up a glass factory.
1987-Company started production of second GLS lamp chain.
1988-Company added a bulb blowing machine in Kashipur unit.
1991-Company expanded its tube drawing capacity.
1992-Company started production of its Fluorescent powder, Filament for GLS and FTL. Company added two GLS shell blowing machines at Kashipur. Company started production of its Malanpur plant producing 5 million FTLs and 20 million GLS.
1993- Company expanded its Malanpur plantâ€™s FTL capacity to 10 million.
1994-Company started production of its glass plant. Company increased production capacity of GLS lamp unit. Its Malanpur plant started producing H4-Halogen lamps.
1995-Company doubled GLS lamp production capacity. Production of H3 Lamps and Deco Lamps started at Malanpur plant.
1996-Company increased filament and wire drawing capacity. Company installed an automatic packing machine for FTL. Company set up aluminium cap plant for GLS at Malanpur plant.
1997- Company increased its FTL capacity increased by addition of a new FTL chain. At its Malanpur plant, company installed FTL automatic packaging machine and production of new Osram GLS chain was started.
1998-Company established Asia's largest ribbon glass plant started with annual capacity of 400 million GLS and 25 million FTL shell.
2001-Company developed Triband tubes.
2002-Company developed blended lamps and blue tubes. Company received ISO 14001 and OHSAS 18001 certifications.
2004-Company increased production capacity of HID lamps from 1.5 lac Pcs. p.a. to 4.5 lacs Pcs. p.a.
2005- Company added tube drawing line in lead glass furnace thus leading to doubling of production capacity. Company installed additional tube drawing line on sodalime furnace.
2006-Company increased production capacity of wire drawing and filament plant by 90 million filaments p.a.
2008 - Worlds best CFL plant from GE Europe commissioned
2010- Surya Roshni launched its high-power factor CFL lamps in the Kerala market.
2011 -Surya Gets Award for Energy Conservation

Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
Brand Logo:
SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
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, enlistment with exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.

Surya Roshni Ltd (SURYAROSNI)

Surya Roshni Ltd (SURYAROSNI)

Surya Roshni stock performance

Check Before You Invest

Quality

Valuation

Price Trend

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)

Value Creation ⓘ

Growth Parameters ⓘ

CAGR ⓘ

Key Financial Parameters ⓘ

Profit And Loss

Valuation of Surya Roshni - Standalone

Price Calculator

Price Chart

Price to Earnings

Price to Sales

Price to Book

EV to EBITDA

Dividend History

Price Calculator

Price Chart

Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

Balance Sheet

Equity and Liabilities

Fixed Assets

Cash Flow

Financial Ratio

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Surya Roshni Ltd FAQs

What is the share price of Surya Roshni?

What is the market cap of Surya Roshni?

What is the P/E ratio of Surya Roshni?

What is the P/B ratio of Surya Roshni?

What is the 52-week high and low of Surya Roshni?

What is the TTM revenue of Surya Roshni?

Is Surya Roshni Ltd a good quality company?

Is Surya Roshni Ltd undervalued or overvalued?

Is Surya Roshni Ltd a good buy now?

About Surya Roshni Ltd

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