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Surana Solar

  • Market Cap: Micro Cap
  • Industry: Renewable Energy
  • ISIN: INE272L01022
  • NSEID: SURANASOL
  • BSEID: 533298
INR
32.65
0.09 (0.28%)
BSENSE

Apr 11, 12:53 PM

BSE+NSE Vol: 48.65 k

  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-recommendationScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy
Comparison
Company
Score
Quality
Valuation
Financial
Technical
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Inox Wind
Suzlon Energy
Surana Solar
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ACME Solar Hold.
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Premier Energies
Insolation Ener
Shubhshree
Waaree Energies
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
stock-recommendationReal-Time Research Report
Verdict Report
How much should you sell?
  1. 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%
stock-recommendationQuality
stock-summaryManagement Risk
stock-summaryGrowth
stock-summaryCapital Structure
stock-recommendation
Quality grade scale :

Below Average, Average, Good, Excellent

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%
stock-recommendationValuation
Valuation Scorecard stock-summary
stock-recommendation
Valuation grade scale :

Very Risky, Risky, Very Expensive, Expensive, Fair, Attractive, Very Attractive

Valuation Key Factors stock-summary
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...
stock-recommendationTechnicals
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
stock-recommendation Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
Technical Movement
stock-recommendationFinancial Trend
Financial Trend Scorecard stock-summary
stock-recommendation
Financial Trend scale:

Very Negative, Negative, Flat, Positive, Very Positive, Outstanding

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 cr
MOJO 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 cr
MOJO 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 periods
MOJO Watch
Company's pace of settling its Debtors has slowed

Debtors Turnover Ratio