Surana Solar Ltd: Share Price Analysis, Intrinsic Value & Fundamentals (2025)

Share Price and Basic Stock Data

Last Updated: March 8, 2025, 10:44 am

Market Cap	176 Cr.
Current Price	35.7
High / Low	67.0/28.0
Stock P/E	279
Book Value	11.5
Dividend Yield	0.00 %
ROCE	2.59 %
ROE	2.68 %
Face Value	5.00
PEG Ratio	10.50

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for Surana Solar Ltd

Competitors of Surana Solar Ltd

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
Modern Insulators Ltd	537 Cr.	114	176/79.7	13.4	95.0	0.00 %	9.06 %	8.87 %	10.0
Modison Ltd	455 Cr.	140	233/95.2	21.0	63.5	1.78 %	12.4 %	8.88 %	1.00
Evans Electric Ltd	78.3 Cr.	143	252/106	27.7	37.2	1.05 %	36.4 %	28.0 %	10.0
Epic Energy Ltd	33.9 Cr.	47.0	148/5.97	37.3	10.0	0.00 %	5.03 %	5.49 %	10.0
Edvenswa Enterprises Ltd	146 Cr.	50.0	99.8/39.0	14.6	32.1	0.00 %	23.5 %	15.4 %	10.0
Industry Average	11,390.36 Cr	493.56		110.18	76.38	0.20%	15.67%	18.51%	6.21

All Competitor Stocks of Surana Solar Ltd

Quarterly Result

Metric	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024
Sales	2.62	8.69	9.30	11.18	13.90	7.80	6.60	2.77	4.40	3.93	11.36	14.28	10.64
Expenses	2.37	7.76	9.74	10.58	13.21	7.30	6.22	4.21	3.90	3.63	10.89	13.52	10.33
Operating Profit	0.25	0.93	-0.44	0.60	0.69	0.50	0.38	-1.44	0.50	0.30	0.47	0.76	0.31
OPM %	9.54%	10.70%	-4.73%	5.37%	4.96%	6.41%	5.76%	-51.99%	11.36%	7.63%	4.14%	5.32%	2.91%
Other Income	0.34	0.23	3.88	0.21	0.16	0.53	0.65	0.32	0.28	0.10	0.32	0.26	0.18
Interest	0.12	0.23	0.12	0.03	0.03	0.01	0.01	0.03	0.01	0.03	0.03	0.07	0.01
Depreciation	0.10	0.79	0.61	0.64	0.63	0.75	0.66	0.54	0.44	0.27	0.44	0.47	0.26
Profit before tax	0.37	0.14	2.71	0.14	0.19	0.27	0.36	-1.69	0.33	0.10	0.32	0.48	0.22
Tax %	16.22%	-114.29%	29.52%	28.57%	89.47%	7.41%	33.33%	-14.20%	66.67%	260.00%	15.62%	31.25%	22.73%
Net Profit	0.31	0.31	1.91	0.10	0.03	0.25	0.24	-1.45	0.11	-0.15	0.28	0.33	0.17
EPS in Rs	0.06	0.06	0.39	0.02	0.01	0.05	0.05	-0.29	0.02	-0.03	0.06	0.07	0.03

Last Updated: January 27, 2025, 12:23 pm

Below is a detailed analysis of the quarterly data for Surana Solar Ltd based on the most recent figures (Dec 2024) and their trends compared to the previous period:

For Sales, as of Dec 2024, the value is ₹10.64 Cr.. The value appears to be declining and may need further review. It has decreased from 14.28 Cr. (Sep 2024) to ₹10.64 Cr., marking a decrease of 3.64 Cr..
For Expenses, as of Dec 2024, the value is ₹10.33 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 13.52 Cr. (Sep 2024) to ₹10.33 Cr., marking a decrease of 3.19 Cr..
For Operating Profit, as of Dec 2024, the value is ₹0.31 Cr.. The value appears to be declining and may need further review. It has decreased from 0.76 Cr. (Sep 2024) to ₹0.31 Cr., marking a decrease of 0.45 Cr..
For OPM %, as of Dec 2024, the value is 2.91%. The value appears to be declining and may need further review. It has decreased from 5.32% (Sep 2024) to 2.91%, marking a decrease of 2.41%.
For Other Income, as of Dec 2024, the value is ₹0.18 Cr.. The value appears to be declining and may need further review. It has decreased from 0.26 Cr. (Sep 2024) to ₹0.18 Cr., marking a decrease of 0.08 Cr..
For Interest, as of Dec 2024, the value is ₹0.01 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 0.07 Cr. (Sep 2024) to ₹0.01 Cr., marking a decrease of 0.06 Cr..
For Depreciation, as of Dec 2024, the value is ₹0.26 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 0.47 Cr. (Sep 2024) to ₹0.26 Cr., marking a decrease of 0.21 Cr..
For Profit before tax, as of Dec 2024, the value is ₹0.22 Cr.. The value appears to be declining and may need further review. It has decreased from 0.48 Cr. (Sep 2024) to ₹0.22 Cr., marking a decrease of 0.26 Cr..
For Tax %, as of Dec 2024, the value is 22.73%. The value appears to be improving (decreasing) as expected. It has decreased from 31.25% (Sep 2024) to 22.73%, marking a decrease of 8.52%.
For Net Profit, as of Dec 2024, the value is ₹0.17 Cr.. The value appears to be declining and may need further review. It has decreased from 0.33 Cr. (Sep 2024) to ₹0.17 Cr., marking a decrease of 0.16 Cr..
For EPS in Rs, as of Dec 2024, the value is 0.03. The value appears to be declining and may need further review. It has decreased from ₹0.07 (Sep 2024) to 0.03, marking a decrease of ₹0.04.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: January 27, 2025, 12:23 pm

Metric	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	TTM
Sales	92.55	129.05	125.38	121.05	84.09	39.12	34.74	33.17	27.94	24.83	42.18	17.71	40.21
Expenses	82.88	118.13	107.36	111.70	76.03	33.09	29.93	27.62	22.57	20.86	40.80	15.49	38.37
Operating Profit	9.67	10.92	18.02	9.35	8.06	6.03	4.81	5.55	5.37	3.97	1.38	2.22	1.84
OPM %	10.45%	8.46%	14.37%	7.72%	9.58%	15.41%	13.85%	16.73%	19.22%	15.99%	3.27%	12.54%	4.58%
Other Income	-0.78	1.44	0.38	1.19	0.41	0.58	1.27	1.01	0.41	0.87	4.75	-1.13	0.86
Interest	2.98	2.91	5.29	4.44	3.28	2.16	1.94	0.86	0.82	0.54	0.19	0.08	0.14
Depreciation	2.32	4.09	2.93	2.99	2.75	3.17	2.84	4.95	4.55	3.08	2.63	1.91	1.44
Profit before tax	3.59	5.36	10.18	3.11	2.44	1.28	1.30	0.75	0.41	1.22	3.31	-0.90	1.12
Tax %	27.86%	43.28%	17.19%	31.51%	31.56%	34.38%	23.08%	21.33%	48.78%	30.33%	31.12%	40.00%
Net Profit	2.59	3.03	8.44	2.13	1.67	0.84	1.00	0.59	0.21	0.85	2.28	-1.26	0.63
EPS in Rs	0.53	0.62	1.72	0.43	0.34	0.17	0.20	0.12	0.04	0.17	0.46	-0.26	0.13
Dividend Payout %	94.98%	81.19%	29.15%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2013-2014	2014-2015	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024
YoY Net Profit Growth (%)	16.99%	178.55%	-74.76%	-21.60%	-49.70%	19.05%	-41.00%	-64.41%	304.76%	168.24%	-155.26%
Change in YoY Net Profit Growth (%)	0.00%	161.56%	-253.31%	53.17%	-28.10%	68.75%	-60.05%	-23.41%	369.17%	-136.53%	-323.50%

Surana Solar Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2013-2014 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:	-18%
5 Years:	-13%
3 Years:	-14%
TTM:	86%

Compounded Profit Growth
10 Years:	-6%
5 Years:	9%
3 Years:	93%
TTM:	174%

Stock Price CAGR
10 Years:	-6%
5 Years:	44%
3 Years:	11%
1 Year:	-2%

Return on Equity
10 Years:	3%
5 Years:	1%
3 Years:	1%
Last Year:	3%

Last Updated: Unknown

Balance Sheet

Last Updated: November 14, 2024, 7:33 pm

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Sep 2024
Equity Capital	24.60	24.60	24.60	24.60	24.60	24.60	24.60	24.60	24.60	24.60	24.60	24.60	24.60
Reserves	17.62	17.78	23.25	25.37	27.04	27.89	28.89	29.48	29.69	30.54	32.82	31.56	32.17
Borrowings	29.43	41.76	66.18	48.57	22.84	25.11	22.54	6.50	7.35	10.38	0.00	0.00	3.60
Other Liabilities	23.15	18.27	11.83	5.77	10.23	3.06	3.12	3.78	2.34	2.98	2.02	2.71	4.65
Total Liabilities	94.80	102.41	125.86	104.31	84.71	80.66	79.15	64.36	63.98	68.50	59.44	58.87	65.02
Fixed Assets	32.21	30.71	29.57	27.20	29.03	25.88	27.06	30.68	26.40	23.61	19.65	13.85	12.95
CWIP	11.46	13.63	11.85	12.50	11.45	11.44	11.44	0.00	0.00	0.00	0.00	0.00	0.00
Investments	0.03	0.02	0.02	0.00	0.00	0.00	0.00	0.00	4.85	0.05	5.62	8.04	6.55
Other Assets	51.10	58.05	84.42	64.61	44.23	43.34	40.65	33.68	32.73	44.84	34.17	36.98	45.52
Total Assets	94.80	102.41	125.86	104.31	84.71	80.66	79.15	64.36	63.98	68.50	59.44	58.87	65.02

Below is a detailed analysis of the balance sheet data for Surana Solar Ltd based on the most recent figures (Sep 2024) and their trends compared to the previous period:

For Equity Capital, as of Sep 2024, the value is ₹24.60 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded ₹24.60 Cr..
For Reserves, as of Sep 2024, the value is ₹32.17 Cr.. The value appears strong and on an upward trend. It has increased from ₹31.56 Cr. (Mar 2024) to ₹32.17 Cr., marking an increase of 0.61 Cr..
For Borrowings, as of Sep 2024, the value is ₹3.60 Cr.. The value appears to be increasing, which may not be favorable. Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has increased from ₹0.00 Cr. (Mar 2024) to ₹3.60 Cr., marking an increase of 3.60 Cr..
For Other Liabilities, as of Sep 2024, the value is ₹4.65 Cr.. The value appears to be increasing, which may not be favorable. It has increased from ₹2.71 Cr. (Mar 2024) to ₹4.65 Cr., marking an increase of 1.94 Cr..
For Total Liabilities, as of Sep 2024, the value is ₹65.02 Cr.. The value appears to be increasing, which may not be favorable. It has increased from ₹58.87 Cr. (Mar 2024) to ₹65.02 Cr., marking an increase of 6.15 Cr..
For Fixed Assets, as of Sep 2024, the value is ₹12.95 Cr.. The value appears to be declining and may need further review. It has decreased from ₹13.85 Cr. (Mar 2024) to ₹12.95 Cr., marking a decrease of 0.90 Cr..
For CWIP, as of Sep 2024, the value is ₹0.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded ₹0.00 Cr..
For Investments, as of Sep 2024, the value is ₹6.55 Cr.. The value appears to be declining and may need further review. It has decreased from ₹8.04 Cr. (Mar 2024) to ₹6.55 Cr., marking a decrease of 1.49 Cr..
For Other Assets, as of Sep 2024, the value is ₹45.52 Cr.. The value appears strong and on an upward trend. It has increased from ₹36.98 Cr. (Mar 2024) to ₹45.52 Cr., marking an increase of 8.54 Cr..
For Total Assets, as of Sep 2024, the value is ₹65.02 Cr.. The value appears strong and on an upward trend. It has increased from ₹58.87 Cr. (Mar 2024) to ₹65.02 Cr., marking an increase of 6.15 Cr..

Notably, the Reserves (₹32.17 Cr.) exceed the Borrowings (3.60 Cr.), indicating a solid financial buffer.

Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Cash from Operating Activity +	12.26	-3.42	-14.87	20.99	34.12	-1.61	8.67	10.80	5.91	-8.16	9.92	0.11
Cash from Investing Activity +	-8.88	-2.62	0.18	-1.03	-3.36	0.14	-3.98	3.76	-5.10	5.16	0.29	-0.01
Cash from Financing Activity +	-0.31	5.65	14.34	-20.27	-30.43	1.13	-2.62	-16.81	-0.79	2.95	-10.09	0.06
Net Cash Flow	3.07	-0.39	-0.35	-0.31	0.33	-0.34	2.07	-2.25	0.03	-0.05	0.12	0.17

Free Cash Flow

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Free Cash Flow	-19.76	-30.84	-48.16	-39.22	-14.78	-19.08	-17.73	-0.95	-1.98	-6.41	1.38	2.22

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Debtor Days	37.27	37.05	30.60	52.01	95.15	31.72	15.34	78.35	106.47	52.18	2.94	4.53
Inventory Days	154.09	129.21	232.26	159.37	95.62	383.47	415.43	200.10	157.90	418.82	134.50	551.01
Days Payable	88.34	24.99	8.25	3.36	10.92	4.90	8.31	6.78	13.52	16.79	5.19	7.01
Cash Conversion Cycle	103.01	141.28	254.61	208.03	179.84	410.30	422.46	271.67	250.85	454.21	132.24	548.53
Working Capital Days	84.95	97.55	188.58	165.45	125.18	356.88	375.51	333.75	391.00	448.20	193.06	499.79
ROCE %	11.22%	10.30%	15.97%	7.10%	6.61%	4.52%	4.22%	1.01%	2.01%	2.75%	-0.36%	2.59%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024
Promoters	65.23%	65.09%	64.77%	64.72%	64.85%	64.90%	64.54%	62.31%	49.94%	46.68%	42.89%	42.89%
FIIs	0.00%	0.00%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.20%	0.30%	0.03%
DIIs	0.04%	0.04%	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%
Public	34.74%	34.88%	35.19%	35.24%	35.12%	35.07%	35.43%	37.65%	50.02%	53.10%	56.77%	57.05%
No. of Shareholders	40,413	40,966	41,942	41,110	40,379	41,408	46,513	55,685	89,630	1,02,931	1,15,104	1,18,585

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 13
FaceValue	10.00
Basic EPS (Rs.)	1.05
Diluted EPS (Rs.)	1.05
Cash EPS (Rs.)	2.32
Book Value[Excl.RevalReserv]/Share (Rs.)	17.16
Book Value[Incl.RevalReserv]/Share (Rs.)	17.16
Revenue From Operations / Share (Rs.)	38.58
PBDIT / Share (Rs.)	3.93
PBIT / Share (Rs.)	2.66
PBT / Share (Rs.)	1.45
Net Profit / Share (Rs.)	1.05
NP After MI And SOA / Share (Rs.)	1.05
PBDIT Margin (%)	10.19
PBIT Margin (%)	6.89
PBT Margin (%)	3.75
Net Profit Margin (%)	2.71
NP After MI And SOA Margin (%)	2.71
Return on Networth / Equity (%)	6.11
Return on Capital Employeed (%)	10.81
Return On Assets (%)	2.57
Long Term Debt / Equity (X)	0.41
Total Debt / Equity (X)	0.68
Current Ratio (X)	1.25
Quick Ratio (X)	0.48
Dividend Payout Ratio (NP) (%)	95.38
Dividend Payout Ratio (CP) (%)	43.08
Earning Retention Ratio (%)	4.62
Cash Earning Retention Ratio (%)	56.92
Interest Coverage Ratio (X)	3.24
Interest Coverage Ratio (Post Tax) (X)	1.86
Enterprise Value (Cr.)	91.90
EV / Net Operating Revenue (X)	0.96
EV / EBITDA (X)	9.50
MarketCap / Net Operating Revenue (X)	0.71
Retention Ratios (%)	4.61
Price / BV (X)	1.61
Price / Net Operating Revenue (X)	0.71
EarningsYield	0.03

After reviewing the key financial ratios for Surana Solar Ltd, here is a detailed analysis based on the latest available data and recent trends:

For FaceValue, as of Mar 13, the value is 10.00. This value is within the healthy range. No previous period data is available for comparison.
For Basic EPS (Rs.), as of Mar 13, the value is 1.05. This value is below the healthy minimum of 5. No previous period data is available for comparison.
For Diluted EPS (Rs.), as of Mar 13, the value is 1.05. This value is below the healthy minimum of 5. No previous period data is available for comparison.
For Cash EPS (Rs.), as of Mar 13, the value is 2.32. This value is below the healthy minimum of 3. No previous period data is available for comparison.
For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 13, the value is 17.16. No previous period data is available for comparison.
For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 13, the value is 17.16. No previous period data is available for comparison.
For Revenue From Operations / Share (Rs.), as of Mar 13, the value is 38.58. No previous period data is available for comparison.
For PBDIT / Share (Rs.), as of Mar 13, the value is 3.93. This value is within the healthy range. No previous period data is available for comparison.
For PBIT / Share (Rs.), as of Mar 13, the value is 2.66. This value is within the healthy range. No previous period data is available for comparison.
For PBT / Share (Rs.), as of Mar 13, the value is 1.45. This value is within the healthy range. No previous period data is available for comparison.
For Net Profit / Share (Rs.), as of Mar 13, the value is 1.05. This value is below the healthy minimum of 2. No previous period data is available for comparison.
For NP After MI And SOA / Share (Rs.), as of Mar 13, the value is 1.05. This value is below the healthy minimum of 2. No previous period data is available for comparison.
For PBDIT Margin (%), as of Mar 13, the value is 10.19. This value is within the healthy range. No previous period data is available for comparison.
For PBIT Margin (%), as of Mar 13, the value is 6.89. This value is below the healthy minimum of 10. No previous period data is available for comparison.
For PBT Margin (%), as of Mar 13, the value is 3.75. This value is below the healthy minimum of 10. No previous period data is available for comparison.
For Net Profit Margin (%), as of Mar 13, the value is 2.71. This value is below the healthy minimum of 5. No previous period data is available for comparison.
For NP After MI And SOA Margin (%), as of Mar 13, the value is 2.71. This value is below the healthy minimum of 8. No previous period data is available for comparison.
For Return on Networth / Equity (%), as of Mar 13, the value is 6.11. This value is below the healthy minimum of 15. No previous period data is available for comparison.
For Return on Capital Employeed (%), as of Mar 13, the value is 10.81. This value is within the healthy range. No previous period data is available for comparison.
For Return On Assets (%), as of Mar 13, the value is 2.57. This value is below the healthy minimum of 5. No previous period data is available for comparison.
For Long Term Debt / Equity (X), as of Mar 13, the value is 0.41. This value is within the healthy range. No previous period data is available for comparison.
For Total Debt / Equity (X), as of Mar 13, the value is 0.68. This value is within the healthy range. No previous period data is available for comparison.
For Current Ratio (X), as of Mar 13, the value is 1.25. This value is below the healthy minimum of 1.5. No previous period data is available for comparison.
For Quick Ratio (X), as of Mar 13, the value is 0.48. This value is below the healthy minimum of 1. No previous period data is available for comparison.
For Dividend Payout Ratio (NP) (%), as of Mar 13, the value is 95.38. This value exceeds the healthy maximum of 50. No previous period data is available for comparison.
For Dividend Payout Ratio (CP) (%), as of Mar 13, the value is 43.08. This value is within the healthy range. No previous period data is available for comparison.
For Earning Retention Ratio (%), as of Mar 13, the value is 4.62. This value is below the healthy minimum of 40. No previous period data is available for comparison.
For Cash Earning Retention Ratio (%), as of Mar 13, the value is 56.92. This value is within the healthy range. No previous period data is available for comparison.
For Interest Coverage Ratio (X), as of Mar 13, the value is 3.24. This value is within the healthy range. No previous period data is available for comparison.
For Interest Coverage Ratio (Post Tax) (X), as of Mar 13, the value is 1.86. This value is below the healthy minimum of 3. No previous period data is available for comparison.
For Enterprise Value (Cr.), as of Mar 13, the value is 91.90. No previous period data is available for comparison.
For EV / Net Operating Revenue (X), as of Mar 13, the value is 0.96. This value is below the healthy minimum of 1. No previous period data is available for comparison.
For EV / EBITDA (X), as of Mar 13, the value is 9.50. This value is within the healthy range. No previous period data is available for comparison.
For MarketCap / Net Operating Revenue (X), as of Mar 13, the value is 0.71. This value is below the healthy minimum of 1. No previous period data is available for comparison.
For Retention Ratios (%), as of Mar 13, the value is 4.61. This value is below the healthy minimum of 30. No previous period data is available for comparison.
For Price / BV (X), as of Mar 13, the value is 1.61. This value is within the healthy range. No previous period data is available for comparison.
For Price / Net Operating Revenue (X), as of Mar 13, the value is 0.71. This value is below the healthy minimum of 1. No previous period data is available for comparison.
For EarningsYield, as of Mar 13, the value is 0.03. This value is below the healthy minimum of 5. No previous period data is available for comparison.

Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Surana Solar Ltd as of March 10, 2025 is: ₹70.17

Calculation basis:

Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of March 10, 2025, Surana Solar Ltd is Undervalued by 96.55% compared to the current share price 35.70

Intrinsic Value of Surana Solar Ltd as of March 10, 2025 is: 88.82

Calculation basis:

Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of March 10, 2025, Surana Solar Ltd is Undervalued by 148.80% compared to the current share price 35.70

Last 5 Year EPS CAGR: 26.58%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The company has higher reserves (27.24 cr) compared to borrowings (21.87 cr), indicating strong financial stability. The company has shown consistent growth in sales (62.46 cr) and profit (2.55 cr) over the years.	The stock has a low average ROCE of 5.66%, which may not be favorable. The stock has a high average Working Capital Days of 271.66, which may not be favorable. The stock has a high average Cash Conversion Cycle of 281.42, which may not be favorable.

Stock Analysis

Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Surana Solar Ltd:
1. Net Profit Margin: 2.71%
  - Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
2. ROCE: 10.81% (Industry Average ROCE: 15.67%)
  - ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
3. ROE%: 6.11% (Industry Average ROE: 18.51%)
  - ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
4. Interest Coverage Ratio (Post Tax): 1.86
  - Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
5. Quick Ratio: 0.48
  - Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
6. Stock P/E: 279 (Industry average Stock P/E: 110.18)
  - Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
7. Total Debt / Equity: 0.68
  - Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
Stock Rating:

About the Company - Qualitative Analysis

No data availabale for About the Company

INDUSTRY	ADDRESS	CONTACT
Industry not found	Address not found	Contact not found

Management Data not Available

FAQ

What is the latest intrinsic value of Surana Solar Ltd?

The latest intrinsic value of Surana Solar Ltd as on 10 March 2025 is ₹70.17, which is 96.55% higher than the current market price of 35.70, indicating the stock is undervalued by 96.55%. The intrinsic value of Surana Solar Ltd is calculated using PE ratio method. The stock has a market capitalization of ₹176 Cr. and recorded a high/low of ₹67.0/28.0 during the current fiscal year 2024-2025. As of Sep 2024, the company has reserves of ₹32.17 Cr and total liabilities of ₹65.02 Cr.

What is the Market Cap of Surana Solar Ltd?

The Market Cap of Surana Solar Ltd is 176 Cr..

What is the current Stock Price of Surana Solar Ltd as on 10 March 2025?

The current stock price of Surana Solar Ltd as on 10 March 2025 is ₹35.7.

What is the High / Low of Surana Solar Ltd stocks in FY 2024-2025?

In FY 2024-2025, the High / Low of Surana Solar Ltd stocks is ₹67.0/28.0.

What is the Stock P/E of Surana Solar Ltd?

The Stock P/E of Surana Solar Ltd is 279.

What is the Book Value of Surana Solar Ltd?

The Book Value of Surana Solar Ltd is 11.5.

What is the Dividend Yield of Surana Solar Ltd?

The Dividend Yield of Surana Solar Ltd is 0.00 %.

What is the ROCE of Surana Solar Ltd?

The ROCE of Surana Solar Ltd is 2.59 %.

What is the ROE of Surana Solar Ltd?

The ROE of Surana Solar Ltd is 2.68 %.

What is the Face Value of Surana Solar Ltd?

The Face Value of Surana Solar Ltd is 5.00.