1. Is Suraj Products Ltd a good quality company?
Past 10 year’s financial track record analysis by Moneyworks4me indicates that Suraj Products Ltd is a below average quality company.
2. Is Suraj Products Ltd undervalued or overvalued?
The key valuation ratios of Suraj Products Ltd's currently when compared to its past seem to suggest it is in the Fair zone.
3. Is Suraj Products Ltd a good buy now?
The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Suraj Products Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.
Value Creation ⓘ
Value Creation Index Colour Code Guide ⓘ
|ROCE % ⓘ||9.2%||7.4%||6.2%||7.7%||3.8%||4.4%||8.6%||9.7%||8.3%||11.2%||-|
|Value Creation Index ⓘ||-0.3||-0.5||-0.6||-0.5||-0.7||-0.7||-0.4||-0.3||-0.4||-0.2||-|
Growth Parameters ⓘ
Growth Parameters Colour Code Guide ⓘ
|YoY Gr. Rt. %||-||-12%||17.7%||5.9%||-40.1%||7.5%||16.8%||66.7%||1.4%||84.5%||-|
|Adj EPS ⓘ||2.3||1.3||1||2.2||0.4||0.8||3.1||5.3||4.7||8||20.2|
|YoY Gr. Rt. %||-||-41.2%||-24.1%||119.8%||-84.2%||137.1%||278.3%||69.8%||-12.4%||71.7%||-|
|BVPS (₹) ⓘ||26.3||27.1||24.1||25.4||25.8||26.5||29.7||35.2||39.9||48.1||74.2|
|Adj Net Profit ⓘ||1.3||0.8||1.2||2.5||0.4||1||3.6||6.1||5.3||9.1||23|
|Cash Flow from Ops. ⓘ||-1.1||-4.3||10||21.7||-3.5||6.6||8.5||20||-0.3||33.5||-|
|Debt/CF from Ops. ⓘ||-20.2||-10.3||3.4||0.8||-7||6.8||6||3.2||-334.9||1.9||-|
CAGR Colour Code Guide ⓘ
|9 Years||5 Years||3 Years||1 Years|
|Adj EPS ⓘ||15.1%||87.1%||36.7%||71.7%|
Key Financial Parameters ⓘ
Performance Ratio Colour Code Guide ⓘ
|Return on Equity % ⓘ||8.7||4.9||5.2||8.9||1.4||3.2||11.2||16.4||12.4||18.2||33.1|
|Op. Profit Mgn % ⓘ||9.6||11.1||8.8||9.3||8.5||8.8||16.5||12.1||14||14.2||17.1|
|Net Profit Mgn % ⓘ||1.6||1.1||1.3||2.7||0.7||1.6||5.1||5.2||4.5||4.2||9.6|
|Debt to Equity ⓘ||1.5||2.8||1.2||0.6||0.8||1.5||1.5||1.6||1.9||1.2||-|
|Working Cap Days ⓘ||128||189||172||132||196||198||193||121||155||93||0|
|Cash Conv. Cycle ⓘ||76||118||127||94||139||148||138||80||100||62||0|
Return on Equity has increased versus last 3 years average to 33.10%
Sales growth is growing at healthy rate in last 3 years 46.10%
Net Profit is growing at healthy rate in last 3 years 36.69%
Debt to equity has declined versus last 3 years average to 1.18
Sales growth is not so good in last 4 quarters at 1.80%
|TTM EPS (₹)||20.2||-|
|TTM Sales (₹ Cr.)||241||-|
|BVPS (₹.) ⓘ||74.2||-|
|Reserves (₹ Cr.) ⓘ||73||-|
|From the Market|
|52 Week Low / High (₹)||60.75 / 157.40|
|All Time Low / High (₹)||2.00 / 157.40|
|Market Cap (₹ Cr.)||103|
|Equity (₹ Cr.)||11.4|
|Face Value (₹)||10|
|Industry PE ⓘ||3.7|
Suraj Products was established in the year 1991 as Champion Cement Industries. Subsequently in the year 2000, it was renamed to Suraj Products. The unit started its operations with a mini cement plant and subsequently in the year 2002 it diversified to sponge iron manufacturing and production of cement stopped. Today the installed capacity is 36,000 TPA. Subsequently, it set up a pig iron plant with an installed capacity of 24,000 TPA. The company seeks to provide the ideal blend of technology, manpower and efficiency which places it in a unique position in terms of achievement of its goals and customer satisfaction.
The growth of the unit has resulted in the creation of numerous job opportunities in the area and the company strives towards furthering its contribution to the state & country.
Suraj Products is situated in the Sundargarh district of Orissa. The following are some basic facts about the company - the total capacity is 36,000 TPA for sponge and about 24,000 TPA for pig iron, the factory is situated at a distance of 30 km from the famous Rourkela Steel Plant, the factory is part of industrial hub famous for sponge iron & induction furnace plants and it is well connected by roads and railways.
The supply chain starts right from purchase of the iron ore, coal, coke, etc. to delivery of the finished product (sponge iron & pig iron) to the customers. The service by nature is customer centric with the intention of delivering the maximum value to the customer in the most cost effective and efficient manner. As the factory is a part of local industrial hub of induction furnaces, it caters finished product as raw material to local steel makers apart from Raigarh, Raipur, Ramgarh, Patna, Mandi Gobindgarh etc.
Suraj Products is one of the first companies to install Electro-Static Precipitator (ESP) with dry in 2004 as pollution control device on 50 TPD sponge iron kilns and later it becomes norm & trend in the industry.
The registered office is located at Barpali village, PO: Kesaramal (Rajgangpur), Sundargarh district, Odisha, Pin Code: 770017.