down arrow

Suraj

  • Market Cap: Micro Cap
  • Industry: Steel/Sponge Iron/Pig Iron
  • ISIN: INE713C01016
  • NSEID: SURAJLTD
  • BSEID: 531638
INR
394.95
15 (3.95%)
BSENSE

Apr 11, 12:32 PM

BSE+NSE Vol: 1.64 k

  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

52 Week

Valuation
Technical
Day's Volume

CASH

1.64 k (404.91%) Volume

Shareholding (Dec 2024)

FII

0.00%

Held by 0 FIIs

DII

0.38%

Held by 0 DIIs

Promoter

75.00%

iScoreScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy
Dashboard
1

Poor long term growth as Net Sales has grown by an annual rate of 6.92% over the last 5 years

 
2

Flat results in Dec 24

3

Stock is technically in a Mildly Bearish range

4

With ROCE of 16.1, it has a Expensive valuation with a 4 Enterprise value to Capital Employed

5

Despite the size of the company, domestic mutual funds hold only 0% of the company

stock-summaryMojo Parameters
Mojo Parameters
Loading Valuation Snapshot...
Stock DNA
stock-summary
Industry

Steel/Sponge Iron/Pig Iron

stock-summary
Market cap

INR 718 Cr (Micro Cap)

stock-summary
P/E

28.00

stock-summary
Industry P/E

29

stock-summary
Dividend Yield

0.39%

stock-summary
Debt Equity

0.38

stock-summary
Return on Equity

18.55%

stock-summary
Price to Book

5.18

Revenue and Profits (1 Year):
Net Sales:
64 Cr
(Quarterly Results - Dec 2024)
Net Profit:
7 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (0.39%)
TimePeriod
Price Return
Dividend Return
Total Return
6 Months
-13.95%
0.34%
-13.61%
1 Year
40.85%
0.50%
41.35%
2 Years
420.84%
2.95%
423.79%
3 Years
474.47%
4.26%
478.73%
4 Years
1261.9%
6.64%
1268.54%
5 Years
1703.42%
14.63%
1718.05%

Latest dividend: 1.5 per share ex-dividend date: Feb-10-2025

Risk Adjusted Returns v/s Sensex stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryKey Factors
Quality key factors stock-summary
Factor
Value
Sales Growth (5y)
6.92%
EBIT Growth (5y)
23.23%
EBIT to Interest (avg)
6.62
Debt to EBITDA (avg)
2.81
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
1.92
Tax Ratio
27.06%
Dividend Payout Ratio
13.33%
Pledged Shares
0
Institutional Holding
0.38%
ROCE (avg)
10.93%
ROE (avg)
14.03%
Valuation key factors
Factor
Value
P/E Ratio
28
Industry P/E
29
Price to Book Value
5.18
EV to EBIT
24.07
EV to EBITDA
17.95
EV to Capital Employed
4.04
EV to Sales
2.98
PEG Ratio
NA
Dividend Yield
0.39%
ROCE (Latest)
16.10%
ROE (Latest)
18.55%
Tecnicals key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bullish
Moving Averages
Mildly Bullish (Daily)
KST
Bearish
Mildly Bearish
Dow Theory
Mildly Bearish
No Trend
OBV
Mildly Bearish
No Trend
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Dec 2024stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Promoters

Pledged Promoter Holdings

None

Mutual Funds

Held by 0 Schemes

FIIs

Held by 0 FIIs

Promoter with highest holding

Anilaben Ashokkumar Shah (19.43%)

Highest Public shareholder

Dinesh Stainless Private Ltd (3.74%)

Individual Investors Holdings

19.76%

stock-summaryFinancial
[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Standalone) - Dec'24 - YoY",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in quarter ended Dec 2024 is -31.67% vs -0.30% in Dec 2023",
        "dir": -1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in quarter ended Dec 2024 is 6.87% vs 80.79% in Dec 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "63.61",
          "val2": "93.09",
          "chgp": "-31.67%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "13.10",
          "val2": "11.49",
          "chgp": "14.01%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "1.18",
          "val2": "0.78",
          "chgp": "51.28%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "6.84",
          "val2": "6.40",
          "chgp": "6.87%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "20.59%",
          "val2": "12.34%",
          "chgp": "8.25%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "header": "Half Yearly Results Snapshot (Consolidated) - Sep'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": " Growth in half year ended Sep 2024 is -30.99% vs -15.46% in Sep 2023",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": " Growth in half year ended Sep 2024 is 34.62% vs 130.61% in Sep 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Sep'24",
        "Sep'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "111.39",
          "val2": "161.41",
          "chgp": "-30.99%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "17.36",
          "val2": "16.74",
          "chgp": "3.70%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "1.53",
          "val2": "1.51",
          "chgp": "1.32%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "12.17",
          "val2": "9.04",
          "chgp": "34.62%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "15.58%",
          "val2": "10.37%",
          "chgp": "5.21%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "header": "Nine Monthly Results Snapshot (Consolidated) - Dec'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is -31.24% vs -6.87% in Dec 2023",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 21.86% vs -4.88% in Dec 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "175.00",
          "val2": "254.50",
          "chgp": "-31.24%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "30.46",
          "val2": "28.23",
          "chgp": "7.90%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "2.71",
          "val2": "2.29",
          "chgp": "18.34%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "19.23",
          "val2": "15.78",
          "chgp": "21.86%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "17.41%",
          "val2": "11.09%",
          "chgp": "6.32%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Consolidated) - Mar'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Mar 2024 is -9.81% vs 101.96% in Mar 2023",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2024 is 8.60% vs 1,326.95% in Mar 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Mar'24",
        "Mar'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "330.67",
          "val2": "366.64",
          "chgp": "-9.81%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "39.47",
          "val2": "34.98",
          "chgp": "12.84%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "3.67",
          "val2": "4.09",
          "chgp": "-10.27%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "21.85",
          "val2": "20.12",
          "chgp": "8.60%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "11.94%",
          "val2": "9.54%",
          "chgp": "2.40%",
          "chgp_class": "positive"
        }
      ]
    }
  }
]
Quarterly Results Snapshot (Standalone) - Dec'24 - YoYstock-summary
Dec'24
Dec'23
Change(%)
Net Sales
63.61
93.09
-31.67%
Operating Profit (PBDIT) excl Other Income
13.10
11.49
14.01%
Interest
1.18
0.78
51.28%
Exceptional Items
0.00
0.00
Standalone Net Profit
6.84
6.40
6.87%
Operating Profit Margin (Excl OI)
20.59%
12.34%
8.25%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in quarter ended Dec 2024 is -31.67% vs -0.30% in Dec 2023

Direction Arrows
Standalone Net Profit

YoY Growth in quarter ended Dec 2024 is 6.87% vs 80.79% in Dec 2023

Half Yearly Results Snapshot (Consolidated) - Sep'24stock-summary
Sep'24
Sep'23
Change(%)
Net Sales
111.39
161.41
-30.99%
Operating Profit (PBDIT) excl Other Income
17.36
16.74
3.70%
Interest
1.53
1.51
1.32%
Exceptional Items
0.00
0.00
Consolidate Net Profit
12.17
9.04
34.62%
Operating Profit Margin (Excl OI)
15.58%
10.37%
5.21%
Values in Rs Cr.
Direction Arrows
Net Sales

Growth in half year ended Sep 2024 is -30.99% vs -15.46% in Sep 2023

Direction Arrows
Consolidated Net Profit

Growth in half year ended Sep 2024 is 34.62% vs 130.61% in Sep 2023

Nine Monthly Results Snapshot (Consolidated) - Dec'24stock-summary
Dec'24
Dec'23
Change(%)
Net Sales
175.00
254.50
-31.24%
Operating Profit (PBDIT) excl Other Income
30.46
28.23
7.90%
Interest
2.71
2.29
18.34%
Exceptional Items
0.00
0.00
Consolidate Net Profit
19.23
15.78
21.86%
Operating Profit Margin (Excl OI)
17.41%
11.09%
6.32%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in nine months ended Dec 2024 is -31.24% vs -6.87% in Dec 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in nine months ended Dec 2024 is 21.86% vs -4.88% in Dec 2023

Annual Results Snapshot (Consolidated) - Mar'24stock-summary
Mar'24
Mar'23
Change(%)
Net Sales
330.67
366.64
-9.81%
Operating Profit (PBDIT) excl Other Income
39.47
34.98
12.84%
Interest
3.67
4.09
-10.27%
Exceptional Items
0.00
0.00
Consolidate Net Profit
21.85
20.12
8.60%
Operating Profit Margin (Excl OI)
11.94%
9.54%
2.40%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2024 is -9.81% vs 101.96% in Mar 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in year ended Mar 2024 is 8.60% vs 1,326.95% in Mar 2023

stock-summaryCompany CV
About Suraj Ltd stock-summary
stock-summary
Suraj Ltd
Micro Cap
Steel/Sponge Iron/Pig Iron
Suraj Limited(Earlier known as Suraj Stainless Ltd) was incorporated as private limited company on 20th Jan.'94 and subsequently converted into public limited company on 3rd May '95. The Company was promoted by Mr. Ashok T Shah, Mr. Dinesh S Shah and their associates. The company was previously into the business of investment,leasing and finance. After amalgamation with Suraj Stainless Ltd,the business of the company was entirely changed into manufacturing Stainless Steel Welded pipes/Tubes.
Company Coordinates stock-summary
Company Details
Suraj House Ashram Road, Opp Usmanpura Garden Ahmedabad Gujarat : 380014
stock-summary
Tel: 91-079-27540720/27540721
stock-summary
suraj@surajgroup.com
Registrar Details
MCS Ltd , 101 Shatdal Complex , 1st Floor, Opp. Bata Show Room, Ashram Road, Ahmedabad