SURANASOL · NSE

Surana Solar Limited

₹25.86

+1.29% (+₹0.33)

Prev. close

₹25.53

Volume

25,081

Delivery %

74.8%

As of

23 Sept 2026

Price history

₹25.86-₹1.33 (-4.89%) · 3M
15 Jun 202623 Sept 2026
₹27.9₹25.0115 Jun08 Jul06 Aug31 Aug23 Sept
Daily closes · updates after each session

No analyst calls on this stock in the last 90 days yet.

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Analyst opinions

No analyst calls on Surana Solar Limited in the last 90 days.

Fundamentals

About Surana Solar Limited

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 Solar Products 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; 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.

Details

Sector

Technology

Industry

Solar

CEO

Mr. Baunakar Shekarnath

Headquarters

Hyderabad

Employees

68

Key stats

Market cap

₹126.56 Cr

P/E ratio (TTM)

20.3

EPS (TTM)

₹1.27

Beta (1Y · daily vs NIFTY 50)

1.14

Beta (5Y · monthly vs NIFTY 50)

1.84

Shares float

2.68 Cr

EPS · quarter ended Jun 2026

₹1.11

Financial Performance

01 · Financials

-25 Cr0 Cr25 Cr50 Cr-100%0%100%200%FY21FY22FY23FY24FY25FY26
RevenueNet incomeEBITDARevenue growth YoY

Revenue for Mar 2021–Mar 2022 is as filed with BSE (standalone), and the first plotted growth figure is computed against Mar 2020 revenue as filed with BSE; the two sources' revenue definitions differ by 0.0% on Mar 2023. FY21 growth needs FY20 filings, which the data source doesn't provide.

02 · Earnings Per Share (EPS)

-1-0001FY23FY24FY25FY26

04 · Operating Efficiency (Growth Rates)

Balance-sheet-based · pre-FY23 not filed in verifiable form

-100%0%100%200%FY21FY22FY23FY24FY25FY26
SalesFixed assetsTrade receivablesInventory

05 · Capital Structure & Asset Utilization

Pre-FY23 not filed in verifiable form

0 Cr25 Cr50 Cr75 Cr0.25×0.5×0.75×FY19FY20FY21FY22FY23FY24FY25FY26
Total assetsTotal debtDebt / equityAsset turnover

Asset turnover needs a prior year of assets — omitted for the earliest available year.

06 · Asset Base Composition

Pre-FY23 not filed in verifiable form

0 Cr25 Cr50 Cr75 CrFY21FY22FY23FY24FY25FY26
Fixed assetsCurrent assetsOther assets

07 · Debt Level & Coverage

Pre-FY23 not filed in verifiable form

-20 Cr0 Cr20 Cr40 CrFY19FY20FY21FY22FY23FY24FY25FY26
DebtFree cash flowCash & equivalents

08 · Profit & Loss

Annual

Line itemFY21FY22FY23FY24FY25FY26
₹27.94 Cr₹24.83 Cr₹42.18 Cr₹17.71 Cr₹38.80 Cr₹20.83 Cr
EBITDA₹5.78 Cr₹4.83 Cr₹6.03 Cr₹1.08 Cr₹1.58 Cr₹3.65 Cr
₹21.10 L₹84.60 L₹2.28 Cr₹-1.26 Cr₹5.85 L₹1.24 Cr
Diluted EPS₹0.46₹-0.26₹0.01₹0.25

Depreciation & amortisation, Pretax income, Tax provision, Interest expense, Diluted EPS have filed figures for only some of the years shown — the missing years are left blank rather than estimated.

09 · Balance Sheet

Annual

Line itemFY19FY20FY21FY22FY23FY24FY25FY26
₹59.44 Cr₹58.87 Cr₹59.83 Cr₹67.36 Cr
₹22.54 Cr₹6.50 Cr₹7.35 Cr₹10.38 Cr₹0
Stockholders' equity₹57.43 Cr₹56.17 Cr₹56.23 Cr₹57.47 Cr

Total assets, Current assets, Trade receivables, Cash & equivalents, Non-current assets, Fixed assets, CWIP, Total debt, Current (short-term) debt, Stockholders' equity have filed figures for only some of the years shown — the missing years are left blank rather than estimated.

Annual only — the data source doesn’t publish quarterly balance-sheet detail for most NSE-listed companies.

10 · Cash Flow Statement

Annual

Line itemFY21FY22FY23FY24FY25FY26
₹9.98 Cr₹11.33 L₹1.51 Cr₹5.31 Cr
Investing cash flow₹28.67 L₹-63,000₹4.70 Cr₹-7.97 Cr
₹-10.15 Cr₹6.15 L₹-5.72 Cr₹2.74 Cr
Capital expenditure₹-26.70 L₹-30.63 L₹-19.77 L₹-1.24 Cr₹-15.81 Cr
End cash position₹12.13 L₹28.98 L₹78.15 L₹86.03 L

Operating cash flow, Depreciation & amortization, Change in working capital, Investing cash flow, Financing cash flow, Debt issued, Debt repaid, Dividends paid, Capital expenditure, End cash position have filed figures for only some of the years shown — the missing years are left blank rather than estimated.

Annual only — the data source has no quarterly cash-flow-statement coverage.

11 · Shareholding Pattern

NSE, quarterly

Line itemDec 15Sep 21Dec 21Mar 22Jun 22Sep 22Dec 22Mar 23Jun 23Sep 23Dec 23Mar 24Jun 24Sep 24Dec 24(2Q)Mar 25Jun 25Sep 25Dec 25Mar 26Jun 26
Promoter75.00%70.34%66.90%65.23%65.09%64.77%64.72%64.84%64.90%64.54%62.31%49.95%46.68%42.89%43.21%43.20%43.31%43.71%44.34%45.75%
Public25.00%29.66%33.10%34.77%34.91%35.23%35.28%35.16%35.10%35.46%37.69%50.05%53.32%57.11%56.79%56.80%56.69%56.29%55.66%54.25%
Employee trusts0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Source: NSE quarterly shareholding-pattern filings, collapsed to periods where the reported percentages held steady — a column spanning several quarters means no change was filed across them. No FII/DII sub-split available from this source — Public includes all non-promoter, non-employee-trust holders.

12 · Peer Comparison

Technology

Company
Tata Consultancy Services Limited₹7.70 L Cr₹2,10515.57.1845.9%0.11+4.6%-31.5%
Infosys Limited₹4.21 L Cr₹1,029.413.333.9%0.10+4.6%-31.4%
HCL Technologies Limited₹3.44 L Cr₹1,256.719.94.5722.1%0.07+11.2%-12.1%
Wipro Limited₹1.64 L Cr₹164.913.11.8514.9%0.23+4.0%-33.9%
Tech Mahindra Limited₹1.38 L Cr₹1,551.627.04.6616.2%0.07+7.2%+3.1%
LTM Limited₹1.23 L Cr₹4,08523.65.1320.9%0.10+11.3%
One 97 Communications Limited₹1.16 L Cr₹1,775178.97.243.5%0.01+21.5%+50.5%
LG Electronics India Limited₹1.13 L Cr₹1,694.262.014.7322.0%0.06+1.3%
Oracle Financial Services Software Limited₹95,695.65 Cr₹10,84928.112.2333.7%0.00+12.1%+19.2%
Persistent Systems Limited₹83,833.58 Cr₹5,24044.010.7023.8%0.06+23.5%-0.0%
Coforge Limited₹79,868.95 Cr₹1,782.436.98.3716.3%0.08+35.8%+6.9%
Surana Solar Limited₹127.15 Cr₹25.5319.92.212.2%-46.3%-26.0%

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