Surya Roshni Ltd (SURYAROSNI) — shareholding pattern, promoter holding, financials and share price
About Surya Roshni Ltd (SURYAROSNI)
Surya Roshni Ltd operates in the Iron & Steel Products industry, within the Capital Goods sector. It trades on the NSE as SURYAROSNI and on the BSE under scrip code 500336. Its ISIN is INE335A01020.
Surya Roshni Limited incorporated in 1973 has emerged as India’s largest ERW Pipes exporter, largest GI Pipes producer, and the second largest in the lighting segment. Its focus is on developing the value-added product mix (3LPE Coated pipes, Alkyd pipes, etc.) [1]
Surya Roshni Limited is an integrated Indian manufacturer of steel pipes & strips, lighting and FMEG (fans, appliances), PVC pipes and allied products, with large manufacturing footprints across Haryana, Gujarat, Madhya Pradesh, Uttarakhand and Andhra Pradesh and an R&D centre (STIC) focused on product development and backward integration.
Q3 FY26 consolidated revenue was ₹1,927 crore (up 3% YoY) with EBITDA of ₹148 crore and PAT of ₹80 crore; 9M FY26 results show modest growth in revenue but pressure on margins driven primarily by inventory losses in the Steel division following a sharp steel price correction.
Listed peers in Iron & Steel Products: Sunflag Iron & Steel Company Ltd, Technocraft Industries (India) Ltd, Aeroflex Industries Ltd, Goodluck India Ltd, Bansal Wire Industries Ltd, Electrosteel Castings Ltd.
Valuation & Returns
10 Jul 2026At ₹257.8 a share on 10 Jul 2026, Surya Roshni Ltd (SURYAROSNI) was valued at a price-to-earnings ratio of 19.63x against an industry P/E of 37x and a price-to-book of 2.28x on a book value of ₹113.27 per share as of Mar 2025. Solomo computes return on equity of 11.59% and return on capital employed of 16.58% from filed results. Earnings ratios use consolidated results for the twelve months Jun 2025 to Mar 2026.
- P/E
- 19.63x
- Industry P/E
- 37x
- P/B
- 2.28x
- EPS (TTM)
- ₹13.13
- Book value / share
- ₹113.27
- ROE
- 11.59%
- ROCE
- 16.58%
- ROA
- 8.84%
- Debt / equity
- 0.01x
- Dividend yield
- 2.13%
- EBITDA margin
- 7.18%
- 52-week range
- ₹187 – ₹351.1
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, Surya Roshni Ltd (SURYAROSNI) reported revenue of ₹7,540 crore, net profit of ₹286 crore and earnings per share of ₹13.13. That compares with revenue of ₹7,436 crore and net profit of ₹347 crore in Mar 2025. Figures are consolidated, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹2,163 crore and net profit ₹98 crore (consolidated).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 7,731 | 7,997 | 7,809 | 7,436 | 7,540 |
| Net profit (₹ cr) | 205 | 336 | 329 | 347 | 286 |
| EPS (₹) | 9.42 | 15.42 | 15.13 | 15.93 | 13.13 |
| Measure | 10Y | 5Y | 3Y | 1Y |
|---|---|---|---|---|
| Sales growth | 9.83% | 6.34% | -1.29% | -4.78% |
| Profit growth | 20.91% | 27.80% | 19.42% | 5.30% |
| Stock price CAGR | 20% | 13% | 8% | -25% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 63.02% of Surya Roshni Ltd (SURYAROSNI) (up 0.02 pp QoQ), foreign institutional investors (FII) hold 3.81% and domestic institutional investors (DII) hold 1.9%. Market capitalisation was ₹5,611 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Mar 2001.
Largest disclosed public shareholders in Jun 2026: HENCO COMMERCIALS PRIVATE LIMITED 2.36%, RAXON MOTOR FINANCE PRIVATE LIMITED 1.89%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 63.02% | - | 3.81% | 1.9% | 36.98% |
| Mar 2026 | 63% | - | 4.68% | 2.1% | 36.99% |
| Dec 2025 | 62.89% | - | 4.75% | 2.03% | 37.1% |
| Sep 2025 | 62.47% | - | 4.95% | 1.67% | 37.52% |
| Jun 2025 | 62.47% | - | 4.67% | 1.69% | 37.51% |
| Mar 2025 | 62.47% | - | 4.12% | 1.62% | 37.5% |
| Dec 2024 | 62.47% | - | 4.53% | 1.45% | 37.48% |
| Sep 2024 | 62.96% | - | 4.87% | 1.26% | 36.92% |