Why is Surana Solar Ltd ?
1
Weak Long Term Fundamental Strength with a -1.02% CAGR growth in Operating Profits over the last 5 years
- Company's ability to service its debt is weak with a poor EBIT to Interest (avg) ratio of -0.24
- The company has been able to generate a Return on Equity (avg) of 1.36% signifying low profitability per unit of shareholders funds
2
Stock is technically in a Bearish range
- The technical trend has deteriorated from Mildly Bearish on 12-Feb-25 and has generated -9.17% returns since then
- Multiple factors for the stock are Bearish like MACD, Bollinger Band and KST
3
With ROE of 1.1, it has a Very Expensive valuation with a 2.8 Price to Book Value
- The stock is trading at a premium compared to its peers' average historical valuations
- Over the past year, while the stock has generated a return of -18.45%, its profits have risen by 148% ; the PEG ratio of the company is 0.9
4
Below par performance in long term as well as near term
- Along with generating -18.45% returns in the last 1 year, the stock has also underperformed BSE 500 in the last 3 years, 1 year and 3 months
How much should you sell?
- All quantity irrespective of whether you are making profits or losses
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Renewable Energy)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is Surana Solar for you?
High Risk, Low Return
Absolute
Risk Adjusted
Volatility
Surana Solar
-18.58%
-0.37
50.15%
SENSEX
0.45%
0.02
14.48%
Quality key factors
Factor
Value
Sales Growth (5y)
3.07%
EBIT Growth (5y)
-1.02%
EBIT to Interest (avg)
-0.24
Debt to EBITDA (avg)
1.50
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
0.52
Tax Ratio
45.54%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
0.06%
ROCE (avg)
-0.61%
ROE (avg)
1.36%
Valuation Key Factors 
Factor
Value
P/E Ratio
160
Industry P/E
91
Price to Book Value
2.82
EV to EBIT
156.82
EV to EBITDA
84.77
EV to Capital Employed
2.94
EV to Sales
3.90
PEG Ratio
0.92
Dividend Yield
NA
ROCE (Latest)
0.77%
ROE (Latest)
1.11%
Loading Valuation Snapshot...
Technical key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Mildly Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Mildly Bearish
Dow Theory
Mildly Bearish
No Trend
OBV
Mildly Bearish
No Trend
Technical Movement
14What is working for the Company
NET SALES(9M)
Higher at Rs 36.28 cr
PAT(9M)
Higher at Rs 0.78 Cr
-1What is not working for the Company
DEBTORS TURNOVER RATIO(HY)
Lowest at 3.15 times
Loading Valuation Snapshot...
Here's what is working for Surana Solar
Net Sales - Half Yearly
At Rs 24.92 cr has Grown at 247.56 %
Year on Year (YoY)MOJO Watch
Sales trend is very positive
Net Sales (Rs Cr)
Net Sales - Half Yearly
Higher at Rs 24.92 cr
than preceding 12 month period ended Dec 2024 of Rs 22.46 crMOJO Watch
In the half year the company has already crossed sales of the previous twelve months
Net Sales (Rs Cr)
Profit After Tax (PAT) - Half Yearly
Higher at Rs 0.50 cr
than preceding 12 month period ended Dec 2024 of Rs -1.21 crMOJO Watch
In the half year the company has already crossed PAT of the previous twelve months
PAT (Rs Cr)
Here's what is not working for Surana Solar
Debtors Turnover Ratio- Half Yearly
Lowest at 3.15 times
in the last five half yearly periodsMOJO Watch
Company's pace of settling its Debtors has slowed
Debtors Turnover Ratio