Surana Solar Limited · CashKonnect

About

Surana Solar Limited manufactures and sells solar panels and solar photovoltaic (PV) modules under the Surana Solar brand in India and internationally. It operates through Renewable Energy and Trading & Others segments. The company engages in generation of wind and solar power energy; trading of other solar related products; and infrastructure leasing activities. It also provides engineering, procurement, and construction services for power projects on turnkey basis; solar lighting products, including home lighting systems and solar street lighting products; and solar lanterns for use in street, industrial site, travelling, and house and garden application. In addition, the company operates manufacturing unit at cherlapally with installed capacity of 40 MW and the fabcity with installed capacity of 20 mw for manufacture of solar photovoltaic modules. The company was formerly known as Surana Ventures Limited. Surana Solar Limited was incorporated in 2006 and is based in Hyderabad, India.

Key Metrics

as of Sep 2026

Market Cap128 Cr

P/E—

Div Yield0.00 %

Book Value₹11.40

52w High₹39.10

52w Low₹18.30

Face Value₹5.00

Quarterly Results

Rs. Crores · hover row for definition

Metric	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023	Jun 2023
Sales	17.15	13.61	2.56	2.58	2.09	2.52	10.64	14.28	11.36	3.93	4.40	2.77	6.60
Expenses	16.58	13.52	1.80	4.91	3.74	3.52	10.33	13.52	10.89	3.63	3.90	4.21	6.22
Operating Profit	0.57	0.09	0.76	-2.33	-1.65	-1.00	0.31	0.76	0.47	0.30	0.50	-1.44	0.38
OPM %	3.32	0.66	29.69	-90.31	-78.95	-39.68	2.91	5.32	4.14	7.63	11.36	-51.99	5.76
Other Income	6.36	0.71	0.18	3.67	2.37	0.42	0.18	0.26	0.32	0.10	0.28	0.32	0.65
Depreciation	0.55	0.56	0.58	0.55	0.31	0.36	0.26	0.47	0.44	0.27	0.44	0.54	0.66
Interest	0.01	0.06	0.07	0.06	0.04	0.05	0.01	0.07	0.03	0.03	0.01	0.03	0.01
Profit before tax	6.37	0.18	0.29	0.73	0.37	-0.99	0.22	0.48	0.32	0.10	0.33	-1.69	0.36
Tax %	14.60	-11.11	24.14	26.03	21.62	-27.27	22.73	31.25	15.62	260.00	66.67	-14.20	33.33
Net Profit	5.44	0.20	0.22	0.54	0.28	-0.71	0.17	0.33	0.28	-0.15	0.11	-1.45	0.24
EPS in Rs	1.11	0.04	0.04	0.11	0.06	-0.14	0.03	0.07	0.06	-0.03	0.02	-0.29	0.05

Profit & Loss

Annual · Rs. Crores

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Sales	20.83	38.80	17.71	42.18	24.83	27.94	33.17	34.74	39.12	84.09	121.05	125.38
Expenses	23.97	38.24	15.49	40.80	20.86	22.57	27.62	29.93	33.09	76.03	111.70	107.36
Operating Profit	-3.14	0.56	2.22	1.38	3.97	5.37	5.55	4.81	6.03	8.06	9.35	18.02
OPM %	-15.07	1.44	12.54	3.27	15.99	19.22	16.73	13.85	15.41	9.58	7.72	14.37
Other Income	6.93	1.18	-1.13	4.75	0.87	0.41	1.01	1.27	0.58	0.41	1.19	0.38
Interest	0.23	0.17	0.08	0.19	0.54	0.82	0.86	1.94	2.16	3.28	4.44	5.29
Depreciation	2.00	1.53	1.91	2.63	3.08	4.55	4.95	2.84	3.17	2.75	2.99	2.93
Profit before tax	1.56	0.04	-0.90	3.31	1.22	0.41	0.75	1.30	1.28	2.44	3.11	10.18
Tax %	20.51	-25.00	40.00	31.12	30.33	48.78	21.33	23.08	34.38	31.56	31.51	17.19
Net Profit	1.24	0.06	-1.26	2.28	0.85	0.21	0.59	1.00	0.84	1.67	2.13	8.44
EPS in Rs	0.25	0.01	-0.26	0.46	0.17	0.04	0.12	0.20	0.17	0.34	0.43	1.72
Dividend Payout %	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	29.15

Balance Sheet

Annual · Rs. Crores — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
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
Reserves	32.86	31.62	31.56	32.82	30.54	29.69	29.48	28.89	27.89	27.04	25.37	23.25
Borrowings	0.00	0.00	0.00	0.00	10.38	7.35	6.50	22.54	25.11	22.84	48.57	66.18
Other Liabilities	9.90	3.62	2.71	2.02	2.98	2.34	3.78	3.12	3.06	10.23	5.77	11.83
Total Liabilities	67.36	59.84	58.87	59.44	68.50	63.98	64.36	79.15	80.66	84.71	104.31	125.86
Fixed Assets	24.54	10.41	13.85	19.65	23.61	26.40	30.68	27.06	25.88	29.03	27.20	29.57
CWIP	0.00	1.24	0.00	0.00	0.00	0.00	0.00	11.44	11.44	11.45	12.50	11.85
Investments	4.89	5.06	8.04	5.62	0.05	4.85	0.00	0.00	0.00	0.00	0.00	0.02
Other Assets	37.93	43.13	36.98	34.17	44.84	32.73	33.68	40.65	43.34	44.23	64.61	84.42
Total Assets	67.36	59.84	58.87	59.44	68.50	63.98	64.36	79.15	80.66	84.71	104.31	125.86

Cash Flows

Annual · Rs. Crores — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Cash from Operating Activity	5.31	1.51	0.11	9.92	-8.16	5.91	10.80	8.67	-1.61	34.12	20.99	-14.87
Cash from Investing Activity	-7.97	4.70	-0.01	0.29	5.16	-5.10	3.76	-3.98	0.14	-3.36	-1.03	0.18
Cash from Financing Activity	2.74	-5.72	0.06	-10.09	2.95	-0.79	-16.81	-2.62	1.13	-30.43	-20.27	14.34
Net Cash Flow	0.08	0.49	0.17	0.12	-0.05	0.03	-2.25	2.07	-0.34	0.33	-0.31	-0.35
Free Cash Flow	-9.26	3.45	1.71	11.22	-8.44	5.64	14.54	4.66	-1.62	30.60	19.71	-15.24
CFO/OP %	-172.00	402.00	24.00	809.00	-196.00	112.00	197.00	188.00	-19.00	431.00	231.00	-73.00

Ratios

Annual · Days / % — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Debtor Days	9.64	4.61	4.53	2.94	52.18	106.47	78.35	15.34	31.72	95.15	52.01	30.60
Inventory Days	355.80	165.33	551.01	134.50	418.82	157.90	200.10	415.43	383.47	95.62	159.37	232.26
Days Payable	20.94	5.25	7.01	5.19	16.79	13.52	6.78	8.31	4.90	10.92	3.36	8.25
Cash Conversion Cycle	344.50	164.68	548.53	132.24	454.21	250.85	271.67	422.46	410.30	179.84	208.03	254.61
Working Capital Days	341.87	217.97	499.79	193.06	295.62	294.98	262.22	345.67	229.90	53.95	70.74	32.43
ROCE %	3.15	0.27	2.59	-0.36	2.75	2.01	1.01	4.22	4.52	6.61	7.10	15.97

Shareholding Pattern

% holding — latest first

Holder	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023
Promoters	45.75	44.34	43.72	43.32	43.19	43.21	42.89	42.89	46.68	49.94	62.31	64.54
FIIs	0.15	0.00	0.03	0.00	0.35	0.18	0.03	0.30	0.20	0.01	0.01	0.01
DIIs	0.04	0.04	0.04	0.04	0.04	0.03	0.03	0.03	0.03	0.03	0.03	0.03
Public	54.07	55.62	56.22	56.65	56.41	56.58	57.05	56.77	53.10	50.02	37.65	35.43
No. of Shareholders	109,535	111,425	114,555	118,558	119,547	119,928	118,585	115,104	102,931	89,630	55,685	46,513

Corporate Actions

16 records

Action	Ex Date	Record Date	Ratio	Amount (₹)	Notes
Other	15 Jul 2024	—	—	—	Annual General Meeting
Other	18 Sep 2023	—	—	—	Annual General Meeting
Other	21 Sep 2022	—	—	—	Annual General Meeting
Other	22 Sep 2021	—	—	—	Annual General Meeting
Other	22 Sep 2020	—	—	—	Annual General Meeting
Other	12 Sep 2019	—	—	—	Annual General Meeting
Other	17 Sep 2018	—	—	—	Annual General Meeting
Other	19 Sep 2017	—	—	—	Annual General Meeting
Other	22 Sep 2016	—	—	—	Annual General Meeting
Dividend	23 Sep 2015	—	—	0.50
Split	25 Nov 2014	26 Nov 2014	10:5	—
Dividend	16 Sep 2014	—	—	1.00
Dividend	19 Sep 2013	—	—	1.00
Dividend	24 Sep 2012	—	—	0.50
Other	24 Sep 2012	—	—	—	Aanual General Meeting/ Diviednd Rs 0.50 Per Share
Dividend	14 Sep 2011	—	—	1.00

Announcements

5 filings

Announcement under Regulation 30 (LODR)-Newspaper Publication
05 Sep 2026 5 Sep - Submission of newspapers advertisment for information regarding the 20th Annual General Meeting to be held through Video conferencing or other audio visual means
Notice Of 20Th Annual General Meeting
04 Sep 2026 4 Sep - 20th AGM on 28 Sep 2026; annual report, director appointment, related-party approvals, and object clause change proposed.
Reg. 34 (1) Annual Report.
04 Sep 2026 4 Sep - 20th AGM on 28 Sept 2026 via VC/OAVM; annual report filed, with WTD appointment and object clause change proposed.
Announcement under Regulation 30 (LODR)-Newspaper Publication
31 Aug 2026 31 Aug - NEWSPAPER ADVERTISEMENT FOR INFORMATION REGARDING THE 20TH ANNUAL GENERAL MEETING TO BE HELD THROUGH VIDEO CONFERENCING OR OTHER AUDIO VISUAL MEANS
BOOK CLOSURE DATE FOR THE 20TH AGM
29 Aug 2026 29 Aug - Board approved AGM notice, director appointment, land sale proposal, and AI data centre object-clause change.