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Earnings Call

Surya Roshni Earnings Call: Key Takeaways

Surya Roshni delivered stable Q4FY26 revenue of ₹2,163cr with improved sequential EBITDA margins (7.9%). The company is now debt-free with a net cash surplus of ₹337cr.

Why this was an Alfa AlertNot a filter event. Management missed prior volume guidance for Q4 and current FY27 targets do not meet the >50% growth threshold.
Highlights
Revenue growthFY26: 1% YoY; FY27 Steel Revenue target: ₹7,200cr.
MarginsSteel EBITDA/ton target ₹4,700 for FY27 due to cost pressures.
Order bookSteel Division: ₹1,000cr+; Professional Lighting: ₹160cr.
Demand visibilityStrong domestic infrastructure and US export market opening.
Management confidenceHigh for FY27; expect it to be the best year ever.

Growth

FY26 revenue grew 1% to ₹7,540cr. Lighting segment revenue rose 7% for the full year.

Outlook

FY27 targets: 11 lakh tons steel volume, ₹470-480cr Steel EBITDA, and ₹200cr Lighting EBITDA.

Risks

Input cost pressures, geopolitical Middle East crisis impacting exports, and domestic raw material shortages.

Source

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

Read the document ↗

Surya Roshni Limited: 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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17:07 IST BSE
Annual General Meeting

Surya Roshni Annual General Meeting

Surya Roshni Ltd held its 53rd Annual General Meeting on September 15, 2026, transacting ordinary and special business items via video conferencing.