About
Surya Roshni Limited manufactures and sells steel pipes and strips, and lighting and consumer durables in India. The company offers GI pipes for agriculture and irrigation, casing and tubing, water transportation/plumbing and pipelines, green houses, firefighting, street light poles, and solar panels; API/3LPE coated spiral pipes; CR strips; hollow section pipes; spiral welded pipes; cold rolled strips and sheets; and black pipes for construction, fabrication, fencing, railway platforms and metros, airports, powder coating, sign boards, industrial application, and scaffoldings. It also provides various LED lamps, downlighters, street lights, and battens and luminaires; LED lighting; value-added offerings, such as colour changers, lighting, auto-dimming, app-based lights, COB downlights, track spot lights, power tracks, LED strips, radar LED lamps, and wall washer LEDs; and indoor commercial, industrial, roadway, flood, landscape, façade, and solar lightening products, as well as accessories, HID lamps, and light sources. In addition, the company offers celling, table, pedestal, wall, and domestic and industrial exhaust fans; and home appliances, including juicers, mixers, grinders, vegetable choppers, infrared induction and other cooktops, sandwich makers, electric kettles, dry and steam irons, gas cook tops, storage and instant water heaters, immersion water heaters, air coolers, and halogen and quartz heaters. Further, it provides PVC pipes and fitting for water pipelines, housing sectors, domestic and industrial drainage systems, industrial process lines, swimming pools, salt-water lines, and agriculture/irrigation systems. The company also exports its products to the United States, Australia, Canada, Mexico, the Middle East, Europe, Africa, and internationally. Surya Roshni Limited was incorporated in 1973 and is headquartered in New Delhi, India.
Key Metrics
as of Sep 2026Quarterly 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 | 2,046.00 | 2,163.00 | 1,927.00 | 1,845.00 | 1,605.00 | 2,146.00 | 1,868.00 | 1,529.00 | 1,893.00 | 2,080.00 | 1,938.00 | 1,916.00 | 1,875.00 |
| Expenses | 1,934.00 | 2,009.00 | 1,783.00 | 1,727.00 | 1,535.00 | 1,943.00 | 1,718.00 | 1,453.00 | 1,742.00 | 1,915.00 | 1,783.00 | 1,778.00 | 1,761.00 |
| Operating Profit | 112.00 | 154.00 | 145.00 | 118.00 | 70.00 | 202.00 | 150.00 | 76.00 | 151.00 | 166.00 | 155.00 | 137.00 | 114.00 |
| OPM % | 5.00 | 7.00 | 8.00 | 6.00 | 4.30 | 9.00 | 8.00 | 5.00 | 8.00 | 8.00 | 8.00 | 7.00 | 6.00 |
| Other Income | 8.00 | 16.00 | 3.00 | 23.00 | 13.00 | 9.00 | 6.00 | 7.00 | 8.00 | 7.00 | 4.00 | 2.00 | 2.00 |
| Depreciation | 34.00 | 33.00 | 33.00 | 32.00 | 32.00 | 31.00 | 30.00 | 31.00 | 30.00 | 29.00 | 30.00 | 29.00 | 29.00 |
| Interest | 5.00 | 6.00 | 7.00 | 9.00 | 5.00 | 5.00 | 5.00 | 6.00 | 5.00 | 4.00 | 7.00 | 6.00 | 6.00 |
| Profit before tax | 81.00 | 131.00 | 107.00 | 100.00 | 46.00 | 175.00 | 121.00 | 46.00 | 123.00 | 139.00 | 121.00 | 104.00 | 81.00 |
| Tax % | 26.00 | 25.00 | 26.00 | 26.00 | 26.00 | 26.00 | 26.00 | 26.00 | 25.00 | 25.00 | 26.00 | 27.00 | 27.00 |
| Net Profit | 60.00 | 98.00 | 80.00 | 74.00 | 34.00 | 130.00 | 90.00 | 34.00 | 92.00 | 104.00 | 90.00 | 76.00 | 59.00 |
| EPS in Rs | 2.74 | 4.52 | 3.66 | 3.41 | 1.55 | 5.98 | 4.13 | 1.57 | 4.25 | 4.78 | 4.14 | 3.49 | 2.72 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2017 | Mar 2016 | Mar 2013 | Mar 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 7,540.00 | 7,436.00 | 7,809.00 | 7,997.00 | 7,731.00 | 5,561.00 | 5,471.00 | 5,975.00 | 3,145.00 | 2,964.00 | 3,507.00 | 2,994.00 |
| Expenses | 7,053.00 | 6,857.00 | 7,237.00 | 7,383.00 | 7,288.00 | 5,182.00 | 5,117.00 | 5,603.00 | 2,916.00 | 2,722.00 | 3,197.00 | 2,763.00 |
| Operating Profit | 487.00 | 579.00 | 572.00 | 614.00 | 443.00 | 379.00 | 354.00 | 372.00 | 230.00 | 243.00 | 310.00 | 231.00 |
| OPM % | 6.00 | 8.00 | 7.00 | 8.00 | 6.00 | 7.00 | 6.00 | 6.00 | 7.00 | 8.00 | 9.00 | 8.00 |
| Other Income | 54.00 | 30.00 | 14.00 | 5.00 | 6.00 | 5.00 | 3.00 | 4.00 | 1.00 | 2.00 | 1.00 | 1.00 |
| Interest | 28.00 | 21.00 | 24.00 | 45.00 | 64.00 | 70.00 | 114.00 | 115.00 | 88.00 | 96.00 | 145.00 | 116.00 |
| Depreciation | 130.00 | 123.00 | 117.00 | 115.00 | 108.00 | 103.00 | 103.00 | 89.00 | 56.00 | 61.00 | 85.00 | 60.00 |
| Profit before tax | 384.00 | 465.00 | 445.00 | 459.00 | 277.00 | 211.00 | 140.00 | 172.00 | 87.00 | 87.00 | 82.00 | 56.00 |
| Tax % | 26.00 | 26.00 | 26.00 | 27.00 | 26.00 | 25.00 | 27.00 | 30.00 | 24.00 | 27.00 | 6.00 | 7.00 |
| Net Profit | 286.00 | 347.00 | 329.00 | 336.00 | 205.00 | 158.00 | 103.00 | 121.00 | 72.00 | 67.00 | 73.00 | 52.00 |
| EPS in Rs | 13.13 | 15.93 | 15.13 | 15.42 | 9.42 | 7.28 | 4.71 | 5.55 | 4.08 | 3.83 | 4.19 | 2.98 |
| Dividend Payout % | 38.00 | 35.00 | 16.00 | 11.00 | 10.00 | 10.00 | 11.00 | 9.00 | 9.00 | 7.00 | 24.00 | 0.00 |
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 2017 | Mar 2016 | Mar 2013 | Mar 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 109.00 | 109.00 | 54.00 | 54.00 | 53.00 | 54.00 | 54.00 | 54.00 | 44.00 | 44.00 | 44.00 | 44.00 |
| Reserves | 2,525.00 | 2,356.00 | 2,112.00 | 1,810.00 | 1,494.00 | 1,314.00 | 1,185.00 | 1,097.00 | 723.00 | 660.00 | 693.00 | 684.00 |
| Borrowings | 80.00 | 16.00 | 16.00 | 418.00 | 593.00 | 732.00 | 1,090.00 | 1,192.00 | 886.00 | 895.00 | 1,196.00 | 1,186.00 |
| Other Liabilities | 832.00 | 752.00 | 739.00 | 776.00 | 974.00 | 842.00 | 641.00 | 685.00 | 465.00 | 390.00 | 362.00 | 285.00 |
| Total Liabilities | 3,545.00 | 3,234.00 | 2,922.00 | 3,057.00 | 3,115.00 | 2,941.00 | 2,971.00 | 3,029.00 | 2,118.00 | 1,990.00 | 2,295.00 | 2,200.00 |
| Fixed Assets | 892.00 | 841.00 | 835.00 | 912.00 | 943.00 | 1,029.00 | 1,061.00 | 1,089.00 | 787.00 | 753.00 | 1,196.00 | 1,159.00 |
| CWIP | 30.00 | 57.00 | 17.00 | 8.00 | 53.00 | 10.00 | 15.00 | 25.00 | 15.00 | 18.00 | 26.00 | 38.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 68.00 | 63.00 | 0.00 | 0.00 |
| Other Assets | 2,623.00 | 2,336.00 | 2,070.00 | 2,136.00 | 2,119.00 | 1,903.00 | 1,895.00 | 1,916.00 | 1,248.00 | 1,155.00 | 1,073.00 | 1,002.00 |
| Total Assets | 3,545.00 | 3,234.00 | 2,922.00 | 3,057.00 | 3,115.00 | 2,941.00 | 2,971.00 | 3,029.00 | 2,118.00 | 1,990.00 | 2,295.00 | 2,200.00 |
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 2017 | Mar 2016 | Mar 2013 | Mar 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 401.00 | 395.00 | 546.00 | 280.00 | 285.00 | 540.00 | 276.00 | 120.00 | 181.00 | 208.00 | 254.00 | 64.00 |
| Cash from Investing Activity | -284.00 | -329.00 | -51.00 | -33.00 | -54.00 | -66.00 | -48.00 | -105.00 | -84.00 | -51.00 | -108.00 | -194.00 |
| Cash from Financing Activity | -92.00 | -80.00 | -461.00 | -246.00 | -231.00 | -475.00 | -229.00 | -37.00 | -105.00 | -156.00 | -155.00 | 122.00 |
| Net Cash Flow | 25.00 | -15.00 | 34.00 | 1.00 | 0.00 | -1.00 | -1.00 | -22.00 | -8.00 | 1.00 | -8.00 | -7.00 |
| Free Cash Flow | 250.00 | 254.00 | 495.00 | 247.00 | 231.00 | 474.00 | 228.00 | 15.00 | 97.00 | 157.00 | 145.00 | -131.00 |
| CFO/OP % | 107.00 | 91.00 | 119.00 | 63.00 | 79.00 | 157.00 | 89.00 | 42.00 | 88.00 | 95.00 | 88.00 | 33.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2017 | Mar 2016 | Mar 2013 | Mar 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 45.00 | 44.00 | 34.00 | 34.00 | 42.00 | 50.00 | 46.00 | 51.00 | 63.00 | 65.00 | 47.00 | 42.00 |
| Inventory Days | 64.00 | 59.00 | 66.00 | 68.00 | 59.00 | 74.00 | 80.00 | 66.00 | 84.00 | 79.00 | 68.00 | 87.00 |
| Days Payable | 31.00 | 24.00 | 22.00 | 24.00 | 35.00 | 41.00 | 26.00 | 27.00 | 40.00 | 36.00 | 13.00 | 19.00 |
| Cash Conversion Cycle | 78.00 | 79.00 | 77.00 | 78.00 | 65.00 | 83.00 | 101.00 | 90.00 | 107.00 | 108.00 | 101.00 | 109.00 |
| Working Capital Days | 64.00 | 63.00 | 61.00 | 46.00 | 33.00 | 38.00 | 34.00 | 28.00 | 31.00 | 31.00 | 25.00 | 25.00 |
| ROCE % | 16.00 | 21.00 | 21.00 | 23.00 | 16.00 | 13.00 | 11.00 | — | 11.00 | — | 11.00 | 9.00 |
Corporate Actions
34 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Dividend | 21 Aug 2026 | 21 Aug 2026 | — | 2.50 | |
| Dividend | 17 Nov 2025 | 17 Nov 2025 | — | 2.50 | |
| Dividend | 04 Sep 2025 | 05 Sep 2025 | — | 3.00 | |
| Bonus | 01 Jan 2025 | 01 Jan 2025 | 1:1 | — | |
| Dividend | 29 Nov 2024 | 29 Nov 2024 | — | 2.50 | |
| Dividend | 23 Aug 2024 | 23 Aug 2024 | — | 2.50 | |
| Dividend | 10 Nov 2023 | 10 Nov 2023 | — | 2.50 | |
| Split | 06 Oct 2023 | 06 Oct 2023 | 10:5 | — | |
| Dividend | 25 Aug 2023 | 25 Aug 2023 | — | 4.00 | |
| Dividend | 27 Jan 2023 | 27 Jan 2023 | — | 3.00 | |
| Dividend | 01 Sep 2022 | 02 Sep 2022 | — | 4.00 | |
| Dividend | 02 Sep 2021 | 03 Sep 2021 | — | 1.50 | |
| Dividend | 06 Nov 2020 | 09 Nov 2020 | — | 1.50 | |
| Dividend | 03 Sep 2020 | 04 Sep 2020 | — | 2.00 | |
| Dividend | 27 Aug 2019 | 28 Aug 2019 | — | 2.00 | |
| Dividend | 07 Sep 2018 | — | — | 2.00 | |
| Dividend | 08 Dec 2017 | — | — | 1.50 | |
| Dividend | 01 Sep 2016 | — | — | 1.00 | |
| Dividend | 21 Aug 2015 | — | — | 1.00 | |
| Dividend | 08 Aug 2014 | — | — | 1.00 | |
| Dividend | 30 Aug 2013 | — | — | 1.00 | |
| Dividend | 08 Feb 2013 | 11 Feb 2013 | — | 1.00 | |
| Dividend | 31 Oct 2012 | 01 Nov 2012 | — | 2.00 | |
| Other | 31 Aug 2012 | — | — | — | Annual General Meeting |
| Dividend | 02 Sep 2011 | — | — | 1.50 | |
| Dividend | 03 Sep 2010 | — | — | 2.00 | |
| Dividend | 04 Sep 2009 | — | — | 1.20 | |
| Dividend | 05 Sep 2008 | — | — | 1.50 | NSE/BSE dividend mismatch: NSE=0.75; BSE=1.5 |
| Dividend | 05 Sep 2008 | — | — | 0.75 | NSE/BSE dividend mismatch: NSE=0.75; BSE=1.5 |
| Dividend | 11 Sep 2007 | — | — | 1.50 | NSE/BSE dividend mismatch: NSE=0.75; BSE=1.5 |
| Dividend | 11 Sep 2007 | — | — | 0.75 | NSE/BSE dividend mismatch: NSE=0.75; BSE=1.5 |
| Dividend | 11 Sep 2006 | — | — | 0.75 | |
| Dividend | 12 Sep 2005 | — | — | 0.60 | |
| Dividend | 28 Aug 2001 | — | — | 1.00 |
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
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Rating update20 Jul from icra
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Rating update8 Jul from care
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Rating update30 Jul 2025 from icra
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Rating update8 Jul 2025 from care
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Rating update3 Mar 2025 from care
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Rating update30 Sep 2024 from care