Suraj Products
BSE: SURAJ · Iron & Steel Products
Limited coverage
We are not actively covering this company or have limited coverage today. Click to request coverage.
Snapshot
Unlock Suraj Products's vital signs
Growth · Profitability · Valuation · Strength · Conviction
Company Overview
Business
Suraj Products Limited is an Indian manufacturer specialising in sponge iron, pig iron, and steel ingots. Based in Odisha, the company operates a coal-based direct reduction facility and integrates waste heat recovery for power generation.
Business Model
The company generates revenue by converting iron ore into metallurgical products for steel melting shops and foundries. It enhances margins through a vertically integrated production cycle and captive power generation using waste heat.
Growth Outlook
Growth is driven by the company's focus on operational efficiency through waste heat recovery and maintaining a vertically integrated production cycle to mitigate raw material price volatility.
Key Risks
- Raw Material Price Volatility. Fluctuations in the cost of iron ore and coal can significantly impact the company's profit margins.
- Cyclicality of Steel Industry. The demand for sponge and pig iron is highly sensitive to the cyclical nature of the domestic and global steel markets.
- Regulatory and Environmental Compliance. As a steel manufacturer, the company faces stringent environmental regulations regarding emissions and waste management.
- Energy Cost Sensitivity. Reliance on coal-based production processes makes the company vulnerable to changes in energy prices and supply chain disruptions.
Start your research today
Unlock AI insights, financials, peers and live data on Suraj Products and 5,000+ companies — free.
Key Metrics
REVENUE
₹304 Cr
TTM · standalone
NET PROFIT
₹19 Cr
TTM · standalone
EPS
₹16.53
TTM · standalone
RETURN ON EQUITY
12.3%
TTM · standalone
P/E
13.6x
Q4 FY26 · standalone
EV/EBITDA
7.0x
Q4 FY26 · standalone
EBITDA MARGIN
10.7%
TTM · standalone
Peers · Iron & Steel Products
| Company | Mkt Cap | P/E | EV/EBITDA | Rev Gr YoY | EBITDA Mgn | ROE | ROCE | 1Y Return |
|---|---|---|---|---|---|---|---|---|
Suraj ProductsSURAJ | ₹305 Cr | 16.17 | 9.41 | -6.9% | 10.7% | 12.3% | 15.5% | -7.9% |
Panchmahal SteelPANCHMAHQ | ₹580 Cr | 99.72 | 31.76 | — | 5.0% | 3.9% | 7.2% | +13.9% |
Modern MalleableMODMA | ₹569 Cr | 29.40 | 21.16 | 189.2% | 18.2% | 11.8% | 15.1% | — |
Azad India Mobility LimitedAZADIND | ₹509 Cr | — | — | — | 3.3% | -1.4% | -1.3% | -30.1% |
SurajSURAJLTD | ₹385 Cr | 46.44 | 19.13 | -15.2% | 12.0% | 6.1% | 12.6% | -32.1% |
Shah MetacorpSHAH | ₹369 Cr | 26.71 | 25.43 | 48.8% | 10.1% | 5.6% | 5.4% | +12.3% |
As of Q4 FY26
Financials
Suraj Products
BSE: SURAJ · Iron & Steel Products
Limited coverage
We are not actively covering this company or have limited coverage today. Click to request coverage.
Snapshot
Unlock Suraj Products's vital signs
Growth · Profitability · Valuation · Strength · Conviction
Company Overview
Business
Suraj Products Limited is an Indian manufacturer specialising in sponge iron, pig iron, and steel ingots. Based in Odisha, the company operates a coal-based direct reduction facility and integrates waste heat recovery for power generation.
Business Model
The company generates revenue by converting iron ore into metallurgical products for steel melting shops and foundries. It enhances margins through a vertically integrated production cycle and captive power generation using waste heat.
Growth Outlook
Growth is driven by the company's focus on operational efficiency through waste heat recovery and maintaining a vertically integrated production cycle to mitigate raw material price volatility.
Key Risks
- Raw Material Price Volatility. Fluctuations in the cost of iron ore and coal can significantly impact the company's profit margins.
- Cyclicality of Steel Industry. The demand for sponge and pig iron is highly sensitive to the cyclical nature of the domestic and global steel markets.
- Regulatory and Environmental Compliance. As a steel manufacturer, the company faces stringent environmental regulations regarding emissions and waste management.
- Energy Cost Sensitivity. Reliance on coal-based production processes makes the company vulnerable to changes in energy prices and supply chain disruptions.
Start your research today
Unlock AI insights, financials, peers and live data on Suraj Products and 5,000+ companies — free.
Key Metrics
REVENUE
₹304 Cr
TTM · standalone
NET PROFIT
₹19 Cr
TTM · standalone
EPS
₹16.53
TTM · standalone
RETURN ON EQUITY
12.3%
TTM · standalone
P/E
13.6x
Q4 FY26 · standalone
EV/EBITDA
7.0x
Q4 FY26 · standalone
EBITDA MARGIN
10.7%
TTM · standalone
Peers · Iron & Steel Products
As of Q4 FY26