MarketFriction

Surana Telecom and Power Ltd

NSE SURANAT&P · BSE 517530 · Power Generation
₹15.98 +0.88%
NSE close2026-10-01
52 week range15.50 - 24.12
Market cap₹217 Cr.
P/E6.62
Price band 20% Delivery 83.0%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Consolidated, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales66743454923244
Expenses33432273923282
Operating Profit233212-220-0-51
OPM %43%45%39%37%26%44%-49%37%2.7%-0.0%-19%34%
Other Income117341283272614
Interest000000000022
Depreciation222222222211
Profit before tax117221233051912
Tax %10%20%22%19%20%29%18%18%60%19%19%10%
Net Profit115220192041511
EPS in Rs0.050.070.390.130.160.061.420.200.060.301.280.79
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales263535362929292825166160
Expenses12171412111092013106463
Operating Profit131821241819208126-3-3
OPM %52%52%59%67%62%65%69%29%49%38%-4.5%-5%
Other Income1121824108323949
Interest567554421024
Depreciation8111413131211109976
Profit before tax2327849710292736
Tax %18%18%24%15%13%15%14%23%20%19%20%
Net Profit122673858232230
EPS in Rs0.120.150.140.420.510.250.580.390.591.731.832.43
Dividend Payout %0%0%0%0%0%0%0%0%0%0%0%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth9%16%30%283%
Compounded Profit Growth32%50%288%31%
Stock Price CAGR12%13%9%-28%
Return on Equity4%5%7%15%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital101014141414141414141414
Reserves49517381858997104110120143168
Borrowings1141191385548454525122667
Other Liabilities162132121412171516171723
Total Liabilities190201257161160158171158151153180271
Fixed Assets756919810594858979726148124
CWIP0861014151514140000
Investments101017252320242435374730
Other Assets10436321829384442455585117
Total Assets190201257161160158171158151153180271
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity-728836202812161414154-29
Cash from Investing Activity-2-87-48-5-18-0-148-1-3-5-32
Cash from Financing Activity75-113-15-12-11-1-23-13-11358
Net Cash Flow1-111-211-1102-3
Free Cash Flow-760-3142513114161629-94
CFO/OP-576%657%200%100%124%75%87%74%209%128%154%884%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days62595928526593146876468258
Inventory Days2,01489641117700
Days Payable7466661,02910
Cash Conversion Cycle1,330290-558195526593146876468258
Working Capital Days1,52366-178-2-69-63-336168119169156
ROCE %4%4%4%4%7%5%5%7%0%4%1%13%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters74.95%74.40%73.01%71.07%69.64%69.64%70.17%70.93%71.18%71.51%71.89%72.05%
FIIs0.00%0.04%0.04%0.05%0.04%0.05%0.04%0.05%0.06%0.00%0.00%0.00%
DIIs0.05%0.04%0.04%0.04%0.04%0.04%0.04%0.05%0.05%0.05%0.05%0.05%
Government0.09%0.09%0.09%0.09%0.09%0.09%0.09%0.09%0.09%0.09%0.09%0.09%
Public24.92%25.44%26.82%28.74%30.19%30.19%29.66%28.87%28.62%28.36%27.98%27.82%
No. of Shareholders36,34342,42058,95668,67577,06077,12475,14473,29872,77670,17767,97966,430

Fundamentals

Market Cap₹ 217 Cr.
Current Price₹ 16.0
Stock P/E6.62
Book Value₹ 13.4
ROCE13.4 %
ROE14.7 %
Dividend Yield0.00 %
Face Value₹ 1.00
Compounded Sales Growth (TTM)283%
Compounded Profit Growth (TTM)31%
Consolidated figures.
Valuation
Market capRs 217 Cr
Enterprise valueRs 282 Cr
P/E (TTM)6.62x
Price to book1.19x
Price to sales3.61x
EV / EBITDA6.13x
EV / EBIT7.07x
EV / sales4.68x
Earnings yield15.11%
P/E, 3-year average17.84x
P/B, 3-year average1.56x
P/E, 5-year average18.69x
P/B, 5-year average1.31x
Profitability
Operating margin (excl. other income)-4.51%
Operating margin (incl. other income)59.15%
EBITDA margin76.33%
Pre-tax margin60.02%
Net profit margin54.51%
Net margin, latest quarter304.57%
ROE14.66%
ROCE14.17%
ROA11.00%
ROE, 3-year average12.36%
ROCE, 3-year average13.92%
ROA, 3-year average10.14%
ROE, 5-year average9.68%
ROCE, 5-year average11.29%
ROA, 5-year average7.73%
ROIC (approx.)12.98%
Tax rate19.62%
Other income / net worth21.27%
Growth
Sales growth (latest year)281.85%
Profit growth (latest year)5.84%
Sales CAGR, 3 years29.87%
Sales CAGR, 5 years15.72%
Profit CAGR, 3 years67.60%
Profit CAGR, 5 years48.72%
Sales growth QoQ-85.33%
Profit growth QoQ-38.52%
Sales growth YoY (latest quarter)-15.46%
Profit growth YoY (latest quarter)297.76%
Per share
EPS (TTM)Rs 2.42
EPS (latest quarter)Rs 0.79
EPS, 3-year averageRs 1.16
EPS, 5-year averageRs 0.82
Book value per shareRs 13.40
Sales per shareRs 4.43
Cash flow per shareRs -2.13
Free cash flow per shareRs -6.92
Efficiency
Asset turnover0.22x
Fixed asset turnover0.49x
Debtor days258 days
Debtors turnover1.41x
Creditor days10 days
Cash conversion cycle258 days
Working capital days156 days
Leverage
Total debtRs 67 Cr
Cash and bankRs 2 Cr
Net debtRs 65 Cr
Debt to equity0.37x
Net debt / EBITDA1.41x
Interest coverage10.68x
Owners' fund to total sources67.15%
Debt to assets24.54%
Cash flow
Cash from Operating Activity (latest year)Rs -29 Cr
Cash from Investing Activity (latest year)Rs -32 Cr
Cash from Financing Activity (latest year)Rs 58 Cr
Net Cash Flow (latest year)Rs -3 Cr
Free cash flow (latest year)Rs -94 Cr
FCFE (approx.: FCF + change in debt)Rs -34 Cr
Cash from ops / profit, 5 years0.27x
Statement figures
Net sales (TTM)Rs 60 Cr
Net sales (latest year)Rs 61 Cr
Sales (latest quarter)Rs 4 Cr
Operating profit excl. other income (latest year)Rs -3 Cr
Operating profit (latest quarter)Rs 1 Cr
Other income (TTM)Rs 49 Cr
EBITDA (TTM)Rs 46 Cr
PBDT (TTM)Rs 42 Cr
Profit before tax (TTM)Rs 36 Cr
Tax (latest year)Rs 5 Cr
Net profit (TTM)Rs 33 Cr
Net profit (latest year)Rs 25 Cr
Net profit (latest quarter)Rs 11 Cr
Depreciation (TTM)Rs 6 Cr
Depreciation (latest quarter)Rs 1 Cr
Interest (TTM)Rs 4 Cr
Cost of goods sold (latest year)Rs 46 Cr
Total expenditure (latest year)Rs 64 Cr
Total income (latest year)Rs 99 Cr
Share capitalRs 14 Cr
ReservesRs 168 Cr
Shareholders' fundsRs 182 Cr
Total assetsRs 271 Cr
Net blockRs 124 Cr
InvestmentsRs 30 Cr
ReceivablesRs 43 Cr
Other liabilitiesRs 23 Cr
Shares outstanding (crore)13.58
Ownership
Promoter holding72.05% (+1.12 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 6.6 is at the 2th percentile of its own 9.4-year range (median 24.2, low 5.7, high 63.1).
P/B 1.19 is at the 55th percentile (median 1.10).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
PeriodSURANAT&PNifty 50Difference
1 week+0.6%-2.8% +3.3 pts
1 month-0.6%-6.8% +6.2 pts
3 months-20.3%-7.6% -12.7 pts
6 months+1.6%+0.4% +1.2 pts
1 year-26.3%-9.9% -16.3 pts
2 years-32.8%-13.6% -19.2 pts
3 years+32.1%+14.2% +17.9 pts
5 years+82.6%+27.9% +54.7 pts

Red flags

F-score 3 of 8
explainWeak cash conversion Cash from operations was -19% of net profit over the last 3 years
explainHigh accruals Profit exceeded operating cash by 20% of total assets in 2026
explainReceivables outrunning sales Receivables grew 1344% vs sales +282% in 2026
lookProfit leans on other income Other income was 144% of pre-tax profit in 2026
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2026
Sales ₹4 Cr +0.0% vs Jun 2025. Net profit ₹11 Cr +450.0%.
Against our estimate for Jun 2026: sales -37.5%, profit +410.1% beat. Our estimate for Sep 2026: sales Rs 14 Cr, profit Rs 6 Cr (how).

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2024-09-23Annual General Meeting
2023-09-18Annual General Meeting
2022-08-11Annual General Meeting
2021-09-23 Annual General Meeting
2020-09-23 Annual General Meeting
2019-09-12 Annual General Meeting
2018-09-17 Annual General Meeting
2017-09-19 Annual General Meeting
2016-09-22 Annual General Meeting
2015-09-23 Annual General Meeting/ Dividend - Re 0.12/- Per Share
2014-11-25Face Value Split (Sub-Division) - From Rs 5/- Per Share To Re 1/- Per Share0.2000
2014-09-16Annual General Meeting / Dividend - Re 0.60/- Per Share
2013-09-19Annual General Meeting/ Dividend Re 0.60 Per Share
2012-09-24Annual General Meeting/ Dividend Rs 0.50 Per Share
2011-09-14Annual General Meeting / Dividend Re 0.50 Per Share
2010-09-17Dividend-Re.0.50 Per Share
2010-08-17Scheme Of Arrangement
2010-08-17Inferred from price: close fell to 0.334x overnight, no NSE action on record0.3333
2009-09-22Dividend-Re.0.75 Pr Share
2008-09-10Agm/Dividend - 20%
2007-09-19Agm/Dividend-20%
2006-08-02Agm/Dividend-20%
DateTypeWhat it says
2026-10-01Shareholder meetingVoting results.
2026-09-29Shareholder meetingProceedings of 37th Annual General Meeting held on Tuesday, September 29, 2026
2026-09-04General UpdatesAnnual Report and Notice of AGM for the FY 2025-26 to be held on 28th September,2026.
2026-09-04Shareholder meetingNotice of Annual General Meeting to be held on September 29, 2026.
2026-08-27ResignationResignation of Director/KMP/SMP
2026-08-27General UpdatesGeneral Updates- The Register of Members & Share Transfer Books of the Company will remain closed from Wednesday, 23rd September, 2026 to Tuesday, 29t...
2026-08-27General UpdatesGeneral Updates- Intimation of the Annual General Meeting of the Company to be held on Tuesday, 29th September, 2026 at 11:00 A.M.
2026-08-27AppointmentAppointment of Appointment of Company Secretary as Company Secretary & Compliance Officer of the company w.e.f. September 06, 2026.
2026-08-27ResignationResignation of Resignation of Company Secretary as Company Secretary & Compliance Officer of the company w.e.f. September 05, 2026.
2026-08-27Board meeting outcomeOutcome of Board Meeting held on August 27, 2026.
2026-08-07Board meeting outcomeSurana Telecom and Power Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.
2026-06-25Reply to Clarification- FinaThe Exchange had sought clarification from Surana Telecom and Power Limited for the quarter ended 31-Mar-2026 with respect to Regulation 33 of the SEB...
2026-06-16Clarification - Financial ReThe Exchange has sought clarification from Surana Telecom and Power Limited for the quarter ended 31-Mar-2026 with respect to Regulation 33 of the SEB...
2026-05-19Diversification/DisinvestmenDiversification/Disinvestment
2026-05-19Change in ManagementChange in Management
2026-05-19Board meeting outcomeSurana Telecom and Power Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.
2026-04-29Disclosure under SEBI TakeovSurana Telecom and Power Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of Ind...
2026-02-07Board meeting outcomeSurana Telecom and Power Limited has submitted to the Exchange, the financial results for the period ended December 31, 2025.
2026-02-07Board meeting outcomeBoard meeting held on February 07, 2026.
2026-01-28AgreementsAgreements - for sale of land
2026-01-19AgreementsAgreement entered by Topsun Solar Private Limited, a wholly owned subsidiary of the company for purchase of land.
2026-01-09IncorporationIncorporation of Wholly Owned Subsidiary
2025-12-23Order winReceiving the Letter of Award for Development of 51.3 MW Solar Power Projects.
2025-12-01AcquisitionAcquisition of 100% equity stake in Topsun solar Private Limited
2025-11-10Board meeting outcomeBoard meeting held on November 10, 2025.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.

Quick answers

What is the market cap of Surana Telecom and Power Ltd?

Surana Telecom and Power Ltd (SURANAT&P) has a market capitalisation of Rs 217 Cr. at the 2026-10-01 close.

What is the P/E ratio of Surana Telecom and Power Ltd?

Surana Telecom and Power Ltd trades at a P/E of 6.62 on trailing twelve-month profit, at the 2026-10-01 close.

What were Surana Telecom and Power Ltd's latest quarterly results?

In the Jun 2026 quarter, Surana Telecom and Power Ltd sales was Rs 4 Cr (+0.0% vs Jun 2025) and net profit was Rs 11 Cr.

What is the 52-week high and low of Surana Telecom and Power Ltd?

The 52-week high is Rs 24.12 and the 52-week low is Rs 15.50.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03