Surana Solar
: SURANASOL · Heavy Electrical Equipment
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We are not actively covering this company or have limited coverage today. Click to request coverage.
Snapshot
Unlock Surana Solar's vital signs
Growth · Profitability · Valuation · Strength · Conviction
Company Overview
Business
Surana Solar Limited is an Indian company primarily engaged in the manufacturing of solar photovoltaic modules and the generation of wind and solar power. The company also provides engineering, procurement, and construction (EPC) services for utility-scale solar power projects on a turnkey basis.
Business Model
The company generates revenue through the sale of solar modules, the provision of EPC services for grid-connected and off-grid power plants, and the sale of electricity generated from its own wind and solar assets.
Growth Outlook
Growth is expected to be driven by the increasing demand for renewable energy infrastructure and government initiatives promoting solar power adoption in India.
Key Risks
- Regulatory and Policy Risk. Changes in government subsidies, tariffs, or renewable energy policies can significantly impact project viability and profitability.
- Raw Material Price Volatility. Fluctuations in the cost of silicon and other components used in solar module manufacturing can compress profit margins.
- Intense Competition. The solar equipment manufacturing sector is highly competitive, with pressure from both domestic players and low-cost international imports.
- Project Execution Risk. Delays in the engineering, procurement, and construction phases of turnkey solar projects can lead to cost overruns and liquidity constraints.
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Key Metrics
REVENUE
₹21 Cr
TTM · standalone
NET PROFIT
₹1 Cr
TTM · standalone
EPS
₹0.25
TTM · standalone
RETURN ON EQUITY
2.2%
TTM · standalone
RETURN ON CAPITAL EMPLOYED
3.1%
TTM · standalone
P/E
105.0x
Q4 FY26 · standalone
EV/EBITDA
27.8x
Q4 FY26 · standalone
EBITDA MARGIN
18.1%
TTM · standalone
NET PROFIT MARGIN
1.5%
Q4 FY26 · standalone
DEBT TO EQUITY
0.0x
Q4 FY26 · standalone
Peers · Heavy Electrical Equipment
| Company | Mkt Cap | P/E | EV/EBITDA | Rev Gr YoY | EBITDA Mgn | ROE | ROCE | 1Y Return |
|---|---|---|---|---|---|---|---|---|
Surana SolarSURANASOL | ₹127 Cr | 103.00 | 33.29 | -46.3% | 18.1% | 2.2% | 3.1% | -16.0% |
Jyoti StructuresJYOTISTRUC | ₹1,210 Cr | 19.13 | 39.09 | 49.4% | 9.7% | 12.4% | 2.8% | -32.6% |
IndosolarWAAREEINDO | ₹1,149 Cr | 6.91 | 4.35 | 6.7% | 47.7% | 101.7% | 112.1% | -33.7% |
Swelect Energy Systems LimitedSWELECTES | ₹894 Cr | 21.11 | 9.60 | -10.9% | 28.3% | 5.0% | 9.1% | -16.7% |
Solex EnergySOLEX | ₹821 Cr | 7.89 | 5.70 | — | 11.0% | 39.6% | 39.5% | -38.3% |
Neueon CorporationNEUEON | ₹754 Cr | -0.27 | -4.14 | — | -25.0% | -31.6% | -26.8% | — |
As of Q4 FY26
Financials
Surana Solar
: SURANASOL · Heavy Electrical Equipment
Limited coverage
We are not actively covering this company or have limited coverage today. Click to request coverage.
Snapshot
Unlock Surana Solar's vital signs
Growth · Profitability · Valuation · Strength · Conviction
Company Overview
Business
Surana Solar Limited is an Indian company primarily engaged in the manufacturing of solar photovoltaic modules and the generation of wind and solar power. The company also provides engineering, procurement, and construction (EPC) services for utility-scale solar power projects on a turnkey basis.
Business Model
The company generates revenue through the sale of solar modules, the provision of EPC services for grid-connected and off-grid power plants, and the sale of electricity generated from its own wind and solar assets.
Growth Outlook
Growth is expected to be driven by the increasing demand for renewable energy infrastructure and government initiatives promoting solar power adoption in India.
Key Risks
- Regulatory and Policy Risk. Changes in government subsidies, tariffs, or renewable energy policies can significantly impact project viability and profitability.
- Raw Material Price Volatility. Fluctuations in the cost of silicon and other components used in solar module manufacturing can compress profit margins.
- Intense Competition. The solar equipment manufacturing sector is highly competitive, with pressure from both domestic players and low-cost international imports.
- Project Execution Risk. Delays in the engineering, procurement, and construction phases of turnkey solar projects can lead to cost overruns and liquidity constraints.
Start your research today
Unlock AI insights, financials, peers and live data on Surana Solar and 5,000+ companies — free.
Key Metrics
REVENUE
₹21 Cr
TTM · standalone
NET PROFIT
₹1 Cr
TTM · standalone
EPS
₹0.25
TTM · standalone
RETURN ON EQUITY
2.2%
TTM · standalone
RETURN ON CAPITAL EMPLOYED
3.1%
TTM · standalone
P/E
105.0x
Q4 FY26 · standalone
EV/EBITDA
27.8x
Q4 FY26 · standalone
EBITDA MARGIN
18.1%
TTM · standalone
NET PROFIT MARGIN
1.5%
Q4 FY26 · standalone
DEBT TO EQUITY
0.0x
Q4 FY26 · standalone
Peers · Heavy Electrical Equipment
As of Q4 FY26