ALFA Finder| Management target | Revenue 23.0% FY27 |
|---|
| Revenue growth | Revenue up 28% YoY to ₹2,046 Cr driven by volume expansion. |
|---|---|
| Margins | Steel EBITDA per ton pressured by ₹800 freight hit; Lighting margins improving. |
| Order book | Order book stands at ₹800 Cr; US export orders reach 78,000 tons. |
| Demand visibility | Strong domestic infrastructure demand; export demand recovering with US market opening. |
| Management confidence | Balanced; confident in long-term targets despite near-term logistical cost pressures. |
Growth
Revenue grew 28% YoY to ₹2,046 Cr; Lighting and Steel Pipe volumes rose 15% and 21% respectively.
Outlook
Targets 2 million tons capacity by FY28-29 and ₹500 Cr wire business revenue in three years.
Risks
Ocean freight surge impacted EBITDA by ₹800/ton; Middle East geopolitical uncertainty slows specific regional orders.
Last quarter's promises, checked
Delivered
- Guided zero-debt status → delivered zero-debt with ₹337 Cr cash surplus (= BEAT)
- Guided 43% value-added product mix → delivered 43% for FY26 (= BEAT)
- Guided 9.04 lakh tons FY26 volume → delivered 9.04 lakh tons (= BEAT)
Partly delivered
- Guided 1.4 lakh tons exports → delivered 1.36 lakh tons (= PARTIAL)
Missed
- Guided Q4 Steel EBITDA ₹5,500-6,000/ton → delivered ₹5,121/ton (= MISS)
- Guided Q4 Steel volume 2.9 lakh tons → delivered 2.6 lakh tons (= MISS)
- Guided FY26 Steel EBITDA ₹446 Cr → delivered ₹385 Cr (= MISS)
Earnings Call Transcript 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