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Earnings Call

Surya Roshni Earnings Call: Key Takeaways

Surya Roshni delivered a resilient performance in Q4 FY26 despite significant geopolitical headwinds impacting exports. Management remains optimistic about FY27, targeting a major jump in export volumes and overall EBITDA.

Why this was an Alfa AlertNot a filter event. FY26 performance was largely in line with revised expectations, not a material 10% beat on guided upper ends.
Highlights
Revenue growthFY26 revenue up 1% YoY to ₹7,540 crore; stable despite volatility.
MarginsInput cost pressures impacted Steel; Lighting margins remained broadly stable.
Order bookSteel division order book exceeds ₹1,000 crore, led by exports.
Demand visibilityStrong visibility in US oil and gas; domestic infrastructure demand lagging.
Management confidenceExtremely confident, projecting FY27 as the best year in history.

Growth

FY26 consolidated revenue grew 1% YoY; EBITDA per ton in Steel declined due to input costs and export disruptions.

Outlook

Targeting 11 lakh tons volume and ₹680-700cr consolidated EBITDA for FY27.

Risks

Middle East crisis remains a major bottleneck for export volumes; government spending delays in domestic infrastructure projects.

Source

Earnings Call filed with NSE, NSE: SURYAROSNI. Summary written with AI assistance from the document.

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Surya Roshni Ltd: key numbers

Share price
₹227.45
Market cap
₹4,950 Cr
Revenue (annual)
₹7,540 Cr
Net profit (annual)
₹285.8 Cr
P/E (TTM)
15.9×Sector 19.0×
Promoter holding
63.02%+0.02% QoQ
FII holding
3.81%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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