| Revenue growth | 28% YoY in Q1FY27. |
|---|---|
| Margins | EBITDA margins improved in Lighting to 7.9% (+13 bps). |
| Order book | Approximately ₹800 crore across trade, exports, and API pipes. |
| Demand visibility | Strong, supported by housing, irrigation, and Government infrastructure thrust. |
| Management confidence | High, citing strongest Q1 volume performance in recent years. |
Growth
Q1FY27 Revenue at ₹2,046cr (+28% YoY), EBITDA at ₹120cr (+46% YoY), and PAT at ₹60cr (+77% YoY).
Outlook
Ongoing brownfield expansion at steel plants; order book of ₹800cr; net cash surplus of ₹337cr as of March 2026.
Risks
Input cost increases of ~7% in Lighting segment; steel price volatility managed through product mix diversification.
Last quarter's promises, checked
Delivered
- Guided Q1FY27 Steel volume 2.60-2.65L tons → delivered 2.28L tons (= MISS)
- Guided Steel EBITDA ₹120-125cr → delivered ₹120cr (= BEAT)
- Maintain zero-debt status → delivered net cash surplus ₹337cr (= BEAT)
Partly delivered
- Guided Lighting EBITDA margin improvement → delivered 7.9% vs 8.8% in Q4 (= PARTIAL)
Missed
- Targeted 27-28% volume growth for Q1FY27 → delivered 21% (= MISS)
Investor Presentation filed with BSE, NSE: SURYAROSNI. Summary written with AI assistance from the document.
Surya Roshni Ltd: key numbers
- Share price
- ₹211.14
- Market cap
- ₹4,595 Cr
- Revenue (annual)
- ₹7,540 Cr
- Net profit (annual)
- ₹285.8 Cr
- P/E (TTM)
- 14.6×Sector 17.1×
- Promoter holding
- 63.02%+0.00% QoQ
- FII holding
- 4.27%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Surya Roshni Ltd
All →Surya Roshni Investor Presentation: Key Takeaways
Q2 FY27 revenue ₹2,448 cr (+33% YoY), PAT ₹77 cr (+3%), EBITDA margin 5.8%. Record steel volumes; value-added mix rising.
Surya Roshni Results Update
Surya Roshni reported Q2 FY27 consolidated revenue up 33% YoY to ₹2,448 crore, with PAT of ₹77 crore. Order book is about ₹1,400 crore across both businesses.
Surya Roshni Q2 FY27 Results: Net Profit ₹76.7 Cr, Up 3.4% YoY
Surya Roshni Ltd reported revenue from operations of ₹2,448 Cr (+32.7% YoY) and net profit of ₹76.7 Cr (+3.4% YoY) for Q2 FY27.
- Key figure
- Net profit ₹76.7 Cr · +3.4% YoY
Surya Roshni Board Meeting Date
Surya Roshni's board will meet on November 7, 2026, to approve Q2 FY27 unaudited results. Trading window stays closed until November 9.
Surya Roshni Other Announcement
Surya Roshni Ltd has filed its quarterly shareholding pattern for the period ended September 30, 2026, as required by regulatory norms.
Surya Roshni Business Update
Surya Roshni Ltd reported record quarterly sales volumes for Q2 FY27. Steel Pipes & Strips volume grew 23% YoY to 2.67 lakh tonnes.
- sales volume
- 2.67 lakh tonnes