Is Surana Solar Ltd. a good quality company?

MoneyWorks4Me analysed the past 10-year performance of Surana Solar Ltd. and arrived at the following conclusion.

Is the current market price of Surana Solar Ltd. a good price to buy it?

The 5-year analysis of Surana Solar Ltd.'s performance infers.

What is Surana Solar Ltd. share price return in the past 10 years?

We analysed the performance of Surana Solar Ltd. share prices over the last 10 years. Here is what we found out:

What is CAGR? What does CAGR table indicate for Surana Solar Ltd.?

Compounded average growth rate (CAGR) measures the average annual growth rate compounded year-on-year over a period of time.

Surana Solar Ltd. Stock Analysis

Small Cap

Evaluated by 383 users | BSE: 533298 | NSE: SURANASOL |
Electronics - Components

10 Year X-Ray

Standalone basis Standalone basis P Consolidated basis

Analysis of Financial Track Record

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

What is a Financial Track Record? How to read this chart in order to understand the data present here?

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.

Value Creation

	Mar'10	Mar'11	Mar'12	Mar'13	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19
Return on Capital Employed	22.64%	32.97%	4.97%	7.99%	9.08%	13.03%	6.25%	4.59%	3.09%	2.7%

Growth Parameters	Growth Parameters Colour Code Guide

Net Sales (Rs. Cr.)	29.3	102	72.7	94.9	129	128	121	86.6	39.1	34.7
Y-o-Y Gr. Rt.	-	248.8%	-29%	30.6%	36%	-1.1%	-5.2%	-28.4%	-54.8%	-11.2%
Adjusted EPS (Rs.)	3.28	3.2	0.17	0.71	1.02	1.87	0.72	0.34	0.17	0.15
Y-o-Y Gr. Rt.	-	-2.4%	-94.7%	317.7%	43.7%	83.3%	-61.5%	-52.8%	-50%	-11.8%
Book Value per Share (Rs.)	8.02	8.86	8.64	8.58	8.61	9.72	10.16	10.5	10.67	10.87
Adjusted Net Profit	5.9	15.8	0.8	3.5	5	9.2	3.5	1.7	0.8	0.7
Net Op. Cash Flow (Rs. Cr.)	1.6	2.7	7.7	12.3	-3.4	-14.9	21	34.1	-1.6	8.7
Debt to Cash Flow from Ops	6.18	8.18	3.31	2.4	-12.22	-4.45	2.31	0.67	-15.57	2.6

Difference between Standalone Basis and Consolidated basis? Which method is preferred for Surana Solar Ltd. ?

Standalone financials take only the parent company into account while consolidated financials take into account financials of the parent company as well as of all its subsidiaries. In most companies consolidated financials should be used for analysis.

Surana Solar Ltd. should be analysed on a Standalone basis

CAGR CAGR Colour Code Guide

	9 yrs	5 yrs	3 yrs	1 yr
Net Sales	1.9%	-23.1%	-34%	-11.2%
Adjusted EPS	-29%	-31.8%	-40.7%	-11.8%
Book Value per Share	3.4	4.8	2.3	1.9
Share Price	-8.7%	-15.6%	-22.5%	12.4%

Key Financial Parameter	Performance Ratio Colour Code Guide

	Mar'10	Mar'11	Mar'12	Mar'13	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19
Return on Equity (%)	25.52	42.81	1.9	8.23	11.91	20.4	7.23	3.29	1.62	1.35
Operating Profit Margin (%)	18.78	22.36	8.22	10.19	10.87	14.7	9.39	9.31	15.24	13.68
Net Profit Margin (%)	20.14	15.4	1.13	3.68	3.91	7.21	2.92	1.93	2.15	2.05
Debt to Equity	0.68	0.51	0.6	0.7	0.99	1.38	0.97	0.44	0.48	0.42
Working Capital Days	221	126	227	174	138	184	207	215	361	371
Cash Conversion Cycle	11	36	123	96	88	155	187	199	303	277

Management X-Ray

Shareholding Pattern

Entity	Percentage Holding
Promoters	68.71%
Institutions	0.04%
Non-Institutions	31.25%

Promoter's Holding & Share Pledging

Pledged ^*

0.00

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

FAQs

1. Is Surana Solar a good quality company?

Data is not available for this company.

2. Is current market price of Surana Solar a good price to buy it?

The 5-year analysis of Surana Solar's performance infers:

Surana Solar earnings have declined by -31.8%, whereas share price has depreciated -15.6% CAGR over the past five years, indicating the company's share price is likely overvalued. However, for specific investment actions please connect with your investment advisor.

3. What is Surana Solar share price return in the past 10 years ?

Data is not available for this company

About Company

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