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Suraj

Suraj

NSE: SURAJLTDBSE 531638Capital Goodswww.surajgroup.com
TV Chart
229.59
3.00+1.32%
DAY225
₹229.59
230
52W205
₹229.59
424
Open230.00
Prev Close226.59
Bid229.57100
Ask229.62100
Volume17580%vs 20D avg
Market Cap₹421.93 Cr
Promoter Hold.75%
Face Value₹10
Fwd P/E
PEG
EV/EBITDA20.21
P/S2.05
ROA2.46%
Beta0.67
Div Payout36.76%
Valuation

Suraj Limited valuation: P/E, P/B and sector benchmarks.

Twelve years of multiples investors have paid for Suraj Limited, framed against the sector median so the premium or discount is obvious at a glance.

Suraj Limited trades at a P/E of 56.27× and P/B of 3.06×, against the Capital Goods sector median P/E of 19.26×.

Key MetricsLive · as of 22 Jun 2026
the price tag

Valuation

Market Cap
₹421.93 Cr
P/E Ratio
watch56.27
P/B Ratio
avg3.06
EPS
4.08
the engine

Profitability

ROE
watch5.52%
ROCE
avg12.7%
Net Margin
watch3.63%
Op Margin
watch4.29%
the trajectory

Growth

EPS YoY
%
Revenue YoY
watch-26.1%
Qtr Sales
watch-8.04%
Qtr Profit
watch-51.9%
the balance sheet

Financial Health

Debt / Equity
watch43.77
Book Value
75.01
Div Yield
avg0.65%
Promoter Hold.
good75%
Chart Patterns

Suraj Limited chart patterns: breakouts, tops and bottoms.

Auto-detected classical chart patterns for Suraj Limited — Double Top/Bottom, Head & Shoulders, Triple Bottom and more — with break levels, targets and quality scores across Intraday, Daily and Weekly timeframes.

Financials

Suraj Limited financials: P&L, balance sheet, cash flow, ratios.

Twelve years of audited numbers for Suraj Limited, switchable between annual and quarterly views, consolidated or standalone.

Suraj Limited reports its full P&L, balance sheet, cash flow and ratios on this page — current market capitalisation of ₹421.93 Cr and reported EPS of ₹4.08.

Period2019202420252026
Revenue from Operations
182
331
234
206
Other Income
0
3
4
6
Total Income
182
334
238
212
Cost of Goods Sold (COGS)
133
228
144
129
Gross Profit
48
103
90
77
+Operating Expenses
31
63
62
61
EBITDA
18
39
28
16
+Non-Operating Expenses
17
14
16
12
Profit Before Tax (PBT)
1
31
17
11
+Tax Expense
-0
9
5
3
Profit After Tax (PAT)
1
22
13
7
Earnings Per Share (EPS)
0.73
11.90
7.24
4.07
Diluted Shares Outstanding (Nos.)
2
2
2
2
+Additional Disclosures
314
532
366
330
Sales Growth %
82.14
-29.31
-11.93
YoY Sales Growth %
-29.31
-11.93
Material Cost %
74
69
71
70
Employee Cost %
6
7
10
10
Other Cost %
11
12
17
20
OPM %
10
12
12
8
Tax %
-48
29
31
31
Profit Growth %
-39.11
-43.85
Gross Margin %
0.00
0.00
0.00
0.00
EBITDA Margin %
0.00
0.00
0.00
0.00
Interest Coverage Ratio
0.00
0.00
0.00
0.00
Additional Fields
11
30
17
9
all values in ₹ Cr unless suffixed · source: company filings
Segment Analysis

Suraj segment analysis: revenue and profit mix.

Disclosed business segments at Suraj with their share of revenue and profit, switchable between consolidated and standalone reporting.

Suraj discloses revenue and profit across multiple business segments — toggle between consolidated and standalone views to see the mix.

Segment-wise Financial Analysis

Investment Thesis

Suraj Limited investment thesis: bull case, bear case, and the flip lines.

Why someone would buy Suraj Limited, why someone wouldn't, and the quantitative tripwires that would force the call to flip.

Suraj Limited's investment case rests on 10 positive markers and 10 flagged concerns drawn from the latest reported filings.

bull case

What you're getting.

  • Promoter holding is robust at 75.00%, indicating high management confidence.

  • The company maintains a healthy debt-to-equity ratio of 0.48, ensuring financial stability.

  • Strong EPS growth. 68.91% over 5 years, 66.90% over 3 years.

  • Achieved a positive operating profit margin (OPM) of 5.71%, reflecting operational efficiency.

  • Extensive global reach, exporting specialized products to approximately 70 countries worldwide.

bear case

What can break it.

  • Quarterly net profit sharply declined by -51.90%, raising recent profitability concerns.

  • Quarterly sales decreased by -8.04%, indicating recent revenue generation challenges.

  • Extremely low Return on Equity (0.41%) indicates poor shareholder returns.

  • Annual cash flow per share is negative at -13.34, impacting liquidity.

  • Stock trading near 52-week low, with -45.84% YTD decline.

flip conditions

What would change my mind.

  • Trim if P/E re-rates above 73 (~3.8× the sector multiple of 19.3). The valuation cushion thins from there.

  • Reassess if quarterly profit growth prints below 0% for two consecutive quarters. The bull case relies on compounding earnings.

  • Watch interest coverage if debt-to-equity climbs above 44.27. Balance sheet risk re-prices growth multiples fast.

  • Exit if ROE slips below 8%. The operating engine is no longer compounding capital efficiently.

Shareholding

Suraj shareholding pattern: promoters, FII, DII and public.

Quarter-on-quarter ownership shifts in Suraj — who is buying, who is exiting, and which institutions hold the largest positions.

Shareholding Pattern

Loading shareholding data...

Peers

Suraj Limited peer comparison — same-sector benchmarks.

Same-sector listed peers ranked on P/E, market cap, dividend yield and growth — Suraj Limited is highlighted for quick read-across.

Quick Compare

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Tata Motors Ltd
₹1.50 Lakh Cr
Best Profit Growth
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20455.00 %
Highest Dividend Yield
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2.76 %

Peer Comparison

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AEPL
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ANTGRAPHIC
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AURIGROW
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AVANTEL
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BAJAJST
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BALUFORGE
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BATLIBOI
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BEARDSELL
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BEEKAY
Beekay Steel Industries Ltd
BIRLAPREC
Birla Precision Technologies Ltd
COCKERILL
John Cockerill India Ltd
COMSYN
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CPPLUS
ADITYA INFOTECH LIMITED
CROWN
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DISAQ
Disa India Ltd
ELGIRUBCO
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EMMVEE
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ENRIN
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EPACKPEB
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EUROBOND
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GANGAFORGE
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GEEKAYWIRE
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HALDYNGL
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ICEMAKE
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INVPRECQ
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IWEL
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JASH
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JAYKAY
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JKIPL
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JYOTICNC
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KLBRENG-B
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KRISHNADEF
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KRITIKA
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KSHINTL
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LATTEYS
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MACPOWER
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MARINE
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MARSONS
Marsons Ltd
MEIL
Mangal Electrical Industries Limited
MWL
Mangalam Worldwide Limited
NIBE
NIBE Limited
NITIRAJ
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OMNI
Omnitech Engineering Ltd
OSWALPUMPS
Oswal Pumps Limited
POWERICA
Powerica Ltd
PROSTARM
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RAJMET
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RAJOOENG
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RELTD
Ravindra Energy Limited
RHETAN
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RMDRIP
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ROSSTECH
Rossell Techsys Limited
RPEL
Raghav Productivity Enhancers Limited
RPPL
Rajshree Polypack Limited
RSL
Rajputana Stainless Ltd
RUBFILA
Rubfila International Limited
RUDRA
Rudra Global Infra Products Ltd
RVTH
Revathi Equipment India Limited
SAATVIKGL
Saatvik Green Energy Limited
SAGARDEEP
Sagardeep Alloys Limited
SAMBHV
Sambhv Steel Tubes Limited
SCODATUBES
Scoda Tubes Limited
SERVOTECH
Servotech Renewable Power System Limited
SHBAJRG
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SHILCTECH
Shilchar Technologies Ltd
SIKA
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SKFINDUS
SKF India (Industrial) Ltd
SOLEX
Solex Energy Limited
SURAJLTD
Suraj LimitedCurrent Stock
TEMBO
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THEJO
Thejo Engineering Limited
TINNARUBR
Tinna Rubber and Infrastructure Limited
TIRUPATIFL
Tirupati Forge Limited
TMCV
Tata Motors Ltd
UTLSOLAR
Fujiyama Power Systems Ltd
VIDYAWIRES
Vidya Wires Ltd
VIKRAMSOLR
Vikram Solar Limited
VMSTMT
VMS TMT Limited
WAAREEENER
Waaree Energies Limited
WAAREEINDO
Indosolar Ltd
WAAREERTL
Waaree Renewable Technologies Limited
WELSPLSOL
Welspun Specialty Solutions Ltd
WORTHPERI
Worth Peripherals Limited
WPIL
WPIL Ltd
Technicals

Suraj Limited technical analysis: indicators, pivots and CPR.

Live RSI, MACD and moving-average signals plus today's pivot and Central Pivot Range levels for Suraj Limited — derived from the live tape, not yesterday's close.

Suraj Limited last traded at ₹229.59 with an intraday range of ₹225.05–₹230 — live indicator, pivot and CPR signals below.

Pivot points

Standard pivot — most widely referenced.

Pivot levels · Classic

Live: ₹229.59
LevelPrice (₹)Distance% Δ
R4241.28+11.69+5.09%
R3236.33+6.74+2.93%
R2233.16+3.57+1.56%
R1231.38+1.79+0.78%
PIVOT228.21-1.38-0.60%
CURRENT229.59
S1216.53-13.06-5.69%
S2221.48-8.11-3.53%
S3223.26-6.33-2.76%
S4226.43-3.16-1.38%
CPR Levels
Support
Resistance
S4
S3
S2
S1
| CPR |
BC: 227.53P: 228.21TC: 228.90
R1
R2
R3
R4
indicator
LTP: 229.59
PDH: 231.15
PDL: 225.00
● Market Sentiment

SURAJLTD is trading Above CPR, indicating Bullishness

● CPR Width

CPR is Wider, suggesting unlikely for trending moves

● Opening Range

Day's range: 225 ~ 231.15

● Price Position

Trading Inside opening range

Delivery & Volume

Suraj Limited delivery volume — last 20 sessions of conviction.

Daily traded volume and delivery percentage for Suraj Limited over 20 sessions — the gap between intraday flipping and genuine accumulation.

Latest session delivery in Suraj Limited stood at 90.3% of traded volume, against a 20-day average of 84.1%.

Avg Delivery (20D)84.1%+6.2 ppt latest vs avg
Highest Delivery96.1%on 19 Jun
Avg Volume (20D)868.1520-day run-rate
Conviction Trend↑ Strengthening+6.2 ppt latest read
Volume & Delivery · last 20 sessions
Filings & Concalls

Suraj announcements: results, concalls, ratings, M&A.

Filings Suraj sent to the exchanges, sequenced as they hit the tape — concall transcripts, results, credit ratings and presentations.

Suraj files concall transcripts, results, credit ratings and corporate-action notices on the NSE and BSE exchange portals — latest 41 documents below.

  1. 05 Jun 2026Copy of Newspaper PublicationView PDF

    Copy of Newspaper Publication

    Suraj Limited has informed the Exchange about Copy of Newspaper Publication

  2. 04 Jun 2026Shareholders meetingView PDF

    Shareholders meeting

    Suraj Limited has informed the Exchange regarding Notice of 33rd Annual General Meeting to be held on Jun 26, 2026

  3. 15 May 2026Outcome of Board MeetingView PDF

    Outcome of Board Meeting

    Suraj Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.

  4. 08 May 2026Copy of Newspaper PublicationView PDF

    Copy of Newspaper Publication

    Suraj Limited has informed the Exchange about Copy of Newspaper Publication

  5. 07 May 2026Outcome of Board MeetingView PDF

    Outcome of Board Meeting

    Suraj Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.

Corporate Actions

Suraj dividend history, splits and bonus issues.

Every dividend, stock split and bonus issue Suraj has declared, sequenced by announce and record date.

Suraj corporate-action history below covers all declared dividends, stock splits and bonus issues recorded with NSE and BSE.

About the Company

About Suraj Limited: business, sector, key facts.

What Suraj Limited does, where it operates, the people running it, and the numbers that describe the entity behind the ticker.

Suraj Limited operates in the Capital Goods, listed as NSE: SURAJLTD, BSE: 531638.

SURAJLTD
Capital Goods

Suraj Limited

NSE · SURAJLTD·BSE · 531638·www.surajgroup.com

Suraj Limited is an Indian manufacturer and supplier of a wide range of stainless steel products, primarily focused on seamless pipes, tubes, and related components. Their product portfolio includes seamless instrumentation tubes, heat exchanger tubes and U-tubes, butt weld fittings, electro-polished tubes, flanges, stub ends, and carbon steel tubes. They also produce forged rings, expanding their offerings beyond purely tubular products. This comprehensive range caters to diverse industrial needs, showcasing their ability to serve various sectors with specialized components.

The company's manufacturing capabilities are geared towards producing high-quality seamless products, a critical characteristic for many applications within their target markets. This focus on seamless construction highlights their expertise in precision engineering and the provision of reliable, leak-proof components. The inclusion of electro-polished tubes signifies their ability to provide products with superior surface finishes, potentially crucial for applications requiring high cleanliness or corrosion resistance.

Suraj Limited's customer base spans a significant number of industries. Key sectors served include pharmaceuticals, dyes and pigments, oil, gas, and refineries. These industries often demand high-quality, specialized components capable of withstanding harsh conditions and precise operational requirements, aligning with Suraj Limited's product offerings and manufacturing expertise. The diversity of their customer base demonstrates a broad application of their products and a capacity to meet the unique needs of each sector.

The company's global reach is substantial, with exports extending to approximately 70 countries worldwide. This signifies a significant international presence and a recognition of their products' quality and reliability on a global scale. This extensive export network underlines their ability to compete effectively in the international market and meet the demands of a wide range of customers across diverse geographical regions.

Established in 1960 and headquartered in Ahmedabad, India, Suraj Limited boasts a considerable history and experience within the stainless steel manufacturing industry. Their longevity in the market speaks to their ability to adapt to changing industry demands, maintain consistent product quality, and build lasting relationships with both domestic and international customers. Their commitment to producing high-quality, specialized products has allowed them to establish a strong reputation and a wide-ranging global presence.

company facts
Employees121
SectorCapital Goods
HeadquartersAhmedabad, India
Market Cap₹421.93 Cr
Listed OnNSE
leadership16 on record
Mr. Altesh Shah
Additional Non-Executive Independent Director
Mr. Ashokkumar Tarachand Shah
Chairman & CFO
Mr. Ashu Malik
Additional Whole Time Director
Mr. Gunvantkumar Tarachand Shah
Vice Chairman & Whole Time Director
Mr. Jigar Mehta
Additional Non-Executive Independent Director
Mr. Kunal Tarachand Shah
MD, CEO & Executive Director
Mr. Rajesh Pillai
Senior Manager of Marketing
Mr. Saharsh Gandhi
Additional Non-Executive Independent Director
Mr. Sanjay Kukadia
Additional Non-Executive Independent Director
Ms. Rashmi Lakhani
Company Secretary and Compliance Officer
Ms. Rashmi Lakhani
Company Secretary & Compliance Officer
Ms. Shilpa Mangaldas Patel
Whole Time Director
§ ∞ · Plainly Answered

Questions investors ask about Suraj Limited (SURAJLTD).

Quick answers grounded in this page's data — price action, fundamentals, ratios and ownership.

01What is the current share price of Suraj Limited (SURAJLTD)?

The current share price of Suraj Limited (SURAJLTD) is ₹229.59. Today, the stock has gained by ₹3.00 (1.32%), trading in a range of ₹225.05 to ₹230. The stock opened at ₹230 with a trading volume of 175 shares.

02Is Suraj Limited stock a good investment for long-term?

Suraj Limited can be considered for long-term investment based on several factors. The company has a market capitalization of ₹421.93 crores, P/E ratio of 56.27, ROE of 5.52%, and ROCE of 12.70%. The dividend yield stands at 0.65%. However, investment decisions should be based on your financial goals, risk appetite, and thorough research. It's recommended to consult with a SEBI-registered financial advisor before making investment decisions.

03What is the 52-week high and low price of Suraj Limited stock?

The 52-week high price of Suraj Limited (SURAJLTD) is ₹424.4, while the 52-week low is ₹205. Currently trading at ₹229.59, the stock is 11.2% away from its 52-week low and 45.9% below its 52-week high. These levels help investors understand the stock's price volatility and trading range over the past year.

04Should I buy Suraj Limited stock at the current price?

Whether to buy Suraj Limited stock at ₹229.59 depends on multiple factors. The stock is currently trading with a P/E ratio of 56.27 and P/B ratio of 3.06. Today's performance shows a gain of 1.32%. Consider analyzing the company's fundamentals, technical indicators, industry trends, and your investment horizon. Compare these metrics with industry peers and consult a financial advisor for personalized advice.

05What is the dividend yield of Suraj Limited and when is the next dividend?

Suraj Limited offers a dividend yield of 0.65%, which means for every ₹100 invested at the current price of ₹229.59, you can expect to receive approximately ₹0.65 annually as dividends. The face value of the stock is ₹10.00. For information about the next dividend announcement and ex-dividend date, please check the company's official announcements or visit the BSE/NSE websites.

06What are the key financial ratios and metrics of Suraj Limited?

Suraj Limited's key financial metrics include: P/E Ratio: 56.27, P/B Ratio: 3.06, ROE: 5.52%, ROCE: 12.70%, Dividend Yield: 0.65%, EPS: ₹4.08, Book Value: ₹75.01, and Debt-to-Equity: 43.77. The company's market cap stands at ₹421.93 crores. These metrics help evaluate the company's valuation, profitability, and financial health.

07How is Suraj Limited stock performing today in the market?

Suraj Limited stock opened at ₹230 and is currently trading at ₹229.59, showing a gain of ₹3.00 (1.32%). The intraday high is ₹230 and low is ₹225.05. The trading volume stands at 175 shares, indicating moderate market participation today.

08What is the P/E ratio of Suraj Limited and what does it indicate?

Suraj Limited has a Price-to-Earnings (P/E) ratio of 56.27, which means investors are willing to pay ₹56.27 for every ₹1 of earnings. With an EPS of ₹4.08, this P/E ratio suggests the stock may be trading at a premium, possibly due to high growth expectations. Compare this with industry peers and historical P/E ratios for better context.

Disclaimer

The data, ratios and commentary about Suraj Limited (SURAJLTD) on this page are published for educational and informational purposes only and are not investment, legal or tax advice. StockeZee is not a SEBI-registered investment adviser, research analyst or portfolio manager, and no content here should be construed as a recommendation to buy, hold or sell any security. Live and historical market data may be delayed, revised by the exchanges, or contain errors; figures sourced from third-party feeds and corporate disclosures may not always be current. Past performance is not indicative of future results, and equity investments carry the risk of capital loss. Before acting on anything you read here, please consult a SEBI-registered financial advisor and read all scheme-related documents carefully.