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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

Click here to access the older version
  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

32.4033.30

52 Week

28.4067.00
Valuation
Technical
Day's Volume

CASH

48.65 k (-44.43%) Volume

Shareholding (Dec 2024)

FII

0.04%

Held by 4 FIIs

DII

0.03%

Held by 0 DIIs

Promoter

42.89%

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

3

With ROE of 1.1, it has a Very Expensive valuation with a 2.8 Price to Book Value

4

Below par performance in long term as well as near term

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

Renewable Energy

stock-summary
Market cap

INR 161 Cr (Micro Cap)

stock-summary
P/E

160.00

stock-summary
Industry P/E

91

stock-summary
Dividend Yield

0.00%

stock-summary
Debt Equity

-0.06

stock-summary
Return on Equity

1.11%

stock-summary
Price to Book

2.82

Revenue and Profits (1 Year):
Net Sales:
11 Cr
(Quarterly Results - Dec 2024)
Net Profit:
0 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (0%)
TimePeriod
Price Return
Dividend Return
Total Return
6 Months
-44.51%
0%
-44.51%
1 Year
-18.58%
0%
-18.58%
2 Years
60.44%
0%
60.44%
3 Years
23.44%
0%
23.44%
4 Years
248.45%
0%
248.45%
5 Years
487.23%
0%
487.23%

Latest dividend: 0.5 per share ex-dividend date: Sep-23-2015

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)
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%
Tecnicals 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-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

Non Institution

Pledged Promoter Holdings

None

Mutual Funds

Held by 2 Schemes (0.03%)

FIIs

Held by 4 FIIs (0.04%)

Promoter with highest holding

Surana Telecom And Power Limited (36.04%)

Highest Public shareholder

None

Individual Investors Holdings

50.39%

stock-summaryFinancial
[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Standalone) - Dec'24 - QoQ",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is -25.49% vs 25.70% in Sep 2024",
        "dir": -1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is -48.48% vs 17.86% in Sep 2024",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Sep'24",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "10.64",
          "val2": "14.28",
          "chgp": "-25.49%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "0.31",
          "val2": "0.77",
          "chgp": "-59.74%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "0.01",
          "val2": "0.07",
          "chgp": "-85.71%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "0.17",
          "val2": "0.33",
          "chgp": "-48.48%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "2.91%",
          "val2": "5.39%",
          "chgp": "-2.48%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "header": "Half Yearly Results Snapshot (Standalone) - Sep'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": " Growth in half year ended Sep 2024 is 173.64% vs -54.25% in Sep 2023",
        "dir": 1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": " Growth in half year ended Sep 2024 is 149.59% vs -160.20% in Sep 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Sep'24",
        "Sep'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "25.64",
          "val2": "9.37",
          "chgp": "173.64%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "1.24",
          "val2": "-1.07",
          "chgp": "215.89%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "0.11",
          "val2": "0.04",
          "chgp": "175.00%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "0.60",
          "val2": "-1.21",
          "chgp": "149.59%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "4.84%",
          "val2": "-11.42%",
          "chgp": "16.26%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "header": "Nine Monthly Results Snapshot (Standalone) - Dec'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 163.47% vs -59.95% in Dec 2023",
        "dir": 1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 170.00% vs -153.92% in Dec 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "36.28",
          "val2": "13.77",
          "chgp": "163.47%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "1.55",
          "val2": "-0.58",
          "chgp": "367.24%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "0.12",
          "val2": "0.05",
          "chgp": "140.00%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "0.77",
          "val2": "-1.10",
          "chgp": "170.00%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "4.27%",
          "val2": "-4.21%",
          "chgp": "8.48%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Standalone) - Mar'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Mar 2024 is -58.01% vs 69.88% in Mar 2023",
        "dir": -1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2024 is -155.26% vs 168.24% in Mar 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Mar'24",
        "Mar'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "17.71",
          "val2": "42.18",
          "chgp": "-58.01%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "-0.07",
          "val2": "1.35",
          "chgp": "-105.19%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "0.08",
          "val2": "0.19",
          "chgp": "-57.89%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "-1.26",
          "val2": "2.28",
          "chgp": "-155.26%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "-0.40%",
          "val2": "3.20%",
          "chgp": "-3.60%",
          "chgp_class": "negative"
        }
      ]
    }
  }
]
Quarterly Results Snapshot (Standalone) - Dec'24 - QoQstock-summary
Dec'24
Sep'24
Change(%)
Net Sales
10.64
14.28
-25.49%
Operating Profit (PBDIT) excl Other Income
0.31
0.77
-59.74%
Interest
0.01
0.07
-85.71%
Exceptional Items
0.00
0.00
Standalone Net Profit
0.17
0.33
-48.48%
Operating Profit Margin (Excl OI)
2.91%
5.39%
-2.48%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

QoQ Growth in quarter ended Dec 2024 is -25.49% vs 25.70% in Sep 2024

Direction Arrows
Standalone Net Profit

QoQ Growth in quarter ended Dec 2024 is -48.48% vs 17.86% in Sep 2024

All Quarterly Resultsstock-summary
Half Yearly Results Snapshot (Standalone) - Sep'24stock-summary
Sep'24
Sep'23
Change(%)
Net Sales
25.64
9.37
173.64%
Operating Profit (PBDIT) excl Other Income
1.24
-1.07
215.89%
Interest
0.11
0.04
175.00%
Exceptional Items
0.00
0.00
Standalone Net Profit
0.60
-1.21
149.59%
Operating Profit Margin (Excl OI)
4.84%
-11.42%
16.26%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

Growth in half year ended Sep 2024 is 173.64% vs -54.25% in Sep 2023

Direction Arrows
Standalone Net Profit

Growth in half year ended Sep 2024 is 149.59% vs -160.20% in Sep 2023

All Half Yearly Resultsstock-summary
Nine Monthly Results Snapshot (Standalone) - Dec'24stock-summary
Dec'24
Dec'23
Change(%)
Net Sales
36.28
13.77
163.47%
Operating Profit (PBDIT) excl Other Income
1.55
-0.58
367.24%
Interest
0.12
0.05
140.00%
Exceptional Items
0.00
0.00
Standalone Net Profit
0.77
-1.10
170.00%
Operating Profit Margin (Excl OI)
4.27%
-4.21%
8.48%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in nine months ended Dec 2024 is 163.47% vs -59.95% in Dec 2023

Direction Arrows
Standalone Net Profit

YoY Growth in nine months ended Dec 2024 is 170.00% vs -153.92% in Dec 2023

All Nine Monthly Resultsstock-summary
Annual Results Snapshot (Standalone) - Mar'24stock-summary
Mar'24
Mar'23
Change(%)
Net Sales
17.71
42.18
-58.01%
Operating Profit (PBDIT) excl Other Income
-0.07
1.35
-105.19%
Interest
0.08
0.19
-57.89%
Exceptional Items
0.00
0.00
Standalone Net Profit
-1.26
2.28
-155.26%
Operating Profit Margin (Excl OI)
-0.40%
3.20%
-3.60%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2024 is -58.01% vs 69.88% in Mar 2023

Direction Arrows
Standalone Net Profit

YoY Growth in year ended Mar 2024 is -155.26% vs 168.24% in Mar 2023

All Annual Resultsstock-summary
stock-summaryCompany CV
About Surana Solar Ltd stock-summary
stock-summary
Surana Solar Ltd
Micro Cap
Renewable Energy
Surana Ventures Limited (SVL) was incorporated in the year 2006, a flagship Company of Surana Group. The Company manufactures Solar Energy Systems with the focus on Solar Photovoltaic PV Modules. They provide high quality Solar PV Modules with the best price performance ration in the Indian market. The Company has manufacturing units at Fabcity, SEZ, and Cherlapally, in Hyderabad. The products are sold under the brand "Surana Ventures" into the domestic market.
Company Coordinates stock-summary
Company Details
Plot No 212/3 & 4 Phase II, IDA Cherlapally Hyderabad Telangana : 500051
stock-summary
Tel:
stock-summary
http://www.suranasolar.com
stock-summary
cs@surana.com/surana@surana.com
Registrar Details
Karvy Computershare Pvt Ltd, Plot No 17-24 , Near Image Hospital,, Reliance Cybervilae,Vithalrao Nagar,, Madhapur, Hyderabad
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