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Resistance/Support
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Surya Roshni Ltd Performance

Today's Low
572.60
arrowIcon
Today's High
615.05
52 Wk Low
364.53
arrowIcon
52 Wk High
841.65


Open

615.05

Traded Value (Cr)

44.38 Cr

Prev. Close

616.6

VWAP

592.3

Volume

2,79,096

Face Value

5

Surya Roshni Ltd Fundamentals

Market Cap
₹ 6,917 Cr
P/E Ratio (TTM)
18.16
P/B Ratio
3.49
Debt to Equity
0.12
ROE
19.19 %
EPS (TTM)
35.00
Dividend Yield
0.54%
Book Value
182.21

Click here to know more about Fundamentals

Surya Roshni Ltd Financials

Surya Roshni Ltd Financials

Surya Roshni Ltd Shareholding Pattern

Held By Mar 2024 Dec 2023 Oct 2023 Sep 2023
Promoters 62.96 % 62.96 % 62.96 % 62.96 %
Retail 20.47 % 20.08 % 20.35 % 20.27 %
Others 11.49 % 11.66 % 11.60 % 11.59 %
FII 5.02 % 5.26 % 5.06 % 5.14 %
Mutual Funds 0.05 % 0.04 % 0.03 % 0.03 %

Promoters

62.96%

Retail

20.47%

Others

11.49%

FII

5.02%

Mutual Funds

0.05%

Promoters

62.96%

Retail

20.08%

Others

11.66%

FII

5.26%

Mutual Funds

0.04%

Promoters

62.96%

Retail

20.35%

Others

11.60%

FII

5.06%

Mutual Funds

0.03%

Promoters

62.96%

Retail

20.27%

Others

11.59%

FII

5.14%

Mutual Funds

0.03%

Resistance and Support

₹623.58

PIVOT

resistance-arrow
Resistance
First Resistance₹642.167
Second Resistance₹674.133
Third Resistance₹692.717
support-arrow
Support
First Resistance₹591.617
Second Resistance₹573.033
Third Resistance₹541.067
RSI60.065
MACD41.148
ADX60.780
CCI51.581

Delivery and Volume

PeriodDelivery Volume Traded Volume Delivery Volume %
Day279,09689,92332.22
Week552,472239,73140.26
1 Month488,338227,00149.58
6 Months781,033269,34334.49

About Surya Roshni Ltd

Surya Roshni Limited (Formerly known Prakash Tubes Limited) was established in the year 1973 under the leadership of Mr. J.P. Agarwal. The Company acted as a Steel Pipe manufacturer and gradually diversified into Lighting in 1984, PVC pipes in 2010 and Consumer Durables in 2014-15. The Steel Pipes and Strips business, under the brand Prakash Surya', manufactures a wide range of products, and is India's largest manufacturer of GI pipes and the largest Exporter of ERW Pipes. The business has further strengthened with the setting up of 3LPE coating facility unit in 2018 (for the Oil & Gas and CGD sector). The Lighting business, under the brand Surya' manufactures an array of conventional to modern LED lighting, and is one of the leaders of the lighting industry. The Consumer Durable business offers a variety of Fans and Home Appliances, and is continuously growing the portfolio. The Company has two divisions, comprising of the steel division and the lighting division. The steel division, which commenced operations in 1974, manufactures electrical resistance welded (ERW) steel pipes and tubes, and cold-rolled formed sections and profiles, and cold-rolled (CR) strips. The lighting division, operating since 1983, manufactures flourescent tube lamps (FTL), general lighting systems (GLS), glass shells for GLS lamps, tubular glass shells, FTL filaments, GLS filaments, and sodium and mercury vapour lamps. The lamps are sold under the Surya brand. A backward intergration to manufacture lead glass tubings and an expansion of capacities of the lighting division were undertaken in 1993. The company recently completed a project to manufacture halogen lamps and decorative lamps. Its backward integration project to manufacture ribbon glass shells, FTL tube drawing lines, GLS filaments, FTL filaments, GLS caps and GLS chains, is under implementation, out of which two GLS lamp groups, GLS lamp filament and automatic FTL packing machine were completed in 1995-96. The technologies for the above projects are from GB Glass, UK, and Falma, Switzerland. The projects for GLS lamps, GLS filaments, lamp caps and electrostatic coating were also completed in 1995-96, while those for ribbon glass shells and tube drawing projects, will get over in 1998. All the products except ribbon shells are totally for captive consumption. Surya Roshni has also set up a joint venture with Osram, under the name Osram Surya Pvt Ltd to manufacture compact flourescent lamps. During the year 2006-07, Company started manufacturing Energy Saving Lamp. One Chain of CFL capable to manufacture lamps of all varities ranging from 5W to 23W was installed with an annual capacity of 12 Million Pieces and PCB Chain with approx. 6 Million Pieces was commissioned. It started using Natural Gas as Fuel replacing existing Fossil fuel, thus improve the quality & efficiency of machine and products. During year 2007-08, the Company extended its manufacturing of Energy Saving Lamp. In addition to chains installed last year capable to manufacture Energy Saving Lamps of all varities ranging from 5W to 23W, one more CFL chain for Spiral CFL Lamps and one G.E. make Automatic Chain for production of CFL were installed during the current year by which the capacity enhanced to 24 Million Pieces per annum. In addition to Natural Gas division it started to use Oxygen and Nitrogen Gas to bring the input cost low. During the year 2008-09, the Company commissioned a new Cold Rolling mill with Automatic Gauge Control (AGC) to increase the capacity of Cold Rolling Segment and to improve the quality of CR Product. It revamped the Luminaire Business Group (LBG) for Luminaires / HID Lamps & High Masts from Public Sector Undertakings / Public Work Departments and Local bodies as well as from wide spectrum of Industrial & Commercial Luminiaire Buyers. Apart from this, it installed One CFL Chain with world class technology from GE Europe. Surya Global Steel Tubes Limited became subsidiary of Company for acquiring 74.33% equity shares in the same. This subsidiary company purchased land admeasuring 63 acre in area of Anjar, Bhuj, in Gujarat for setting up a unit to manufacture 2 lacs M.T of Spiral welded Steel Pipes at project costing Rs. 225 Crores during year 2009. During 2009-10, the Company commissioned one hydrogen annealing plant which improved the quality of cold rolled product. It commissioned sixth galvanizing plant which has increased the capacity by 40000 MT per year. Solid State Welder and Hydro testing Machine was installed in Pipe Mill. One Gas Gen Set of 1.75MW was installed during the year which improved In- house generation of power. Unit set up new production facilities for manufacturing of FTL, CFL, PCB, HID, and PVC products in the said expansion. Malanpur Unit installed one CFL Line to produce T-3 Type Compact Fluorescent Lamps with capacity of 6 million pieces per annum .Unit added capacity in Cap Plant by installing new Furnace and adding one vitriting and one pinning machine. It started PCB Production for CFL lamps with SMT/ Auto Insertion Technology. During the year 2009-10, ERW unit of High Mast Division with a installed capacity of 25000 MT per annum started commercial production. The Subsidiary Company, Surya Global Steel Tubes Limited started commercial production of spiral pipe project with capacity of 60000 MT in January, 2010 at Anjar, Bhuj ( State of Gujarat). The Company expanded its Kashipur unit by setting up FTL,CFL,PCB,HID and PVC plants inaugurated in Uttarakhand effective on 25th March, 2010. During the year 2010-11, the Company commissioned one 1.75 MW Gas Gen Set which has improved In- house generation of power cost and contributed in emission reduction. Malanpur Unit installed on Ribbon Machine a Stirrer system from SORG, Germany for better glass / quality of shells and further one assembly building was built to accommodate all the 8 CFL assembly lines, thereby improving the MHR and reduction in wastages. The Company commissioned High Mast Fabrication Machinery and the state of Art Galvanizing plant of High Mast/ Poles and ERW pipes. Furthermore , the division has started production of High Mast and Poles and produced 1025 MT during the year. In the Subsidiary Company, Surya Global Steel Tubes Limited, the two phases of Spiral Mill with capacity of 60,000 M.T & 1,40,000 MT respectively and ERW Pipe Project with capacity of 100000 MT per annum were commissioned and commercial production started at Bhuj, in Gujarat during 2010-11. The Company launched colourful range of Ceiling, Table, Pedestal, Wall mounted and domestic Exhaust fans under the brand name 'SURYA' in 2013-14. During year 2014-15, it added Surya Home Appliances business by introducing heating products like water heaters, heat convectors immersion rods in October and subsequently adding irons and mixers. During 2017-18, the Company launched several innovative LEDs like dynamic colour changing lamps, app-controlled lights, dimming lights, motionsensors and solar lights, among others. It augmented the fans portfolio by launching higher premium fans range with automatic colour changing LED Lights, electroplated finish, aero-dynamically designed blades and wood-finish aluminium blades. It introduced fans with anti-dust technology, which attract 50% less dust than a regular fan and developed a 32W super-efficient BLDC fan, which saves around 60% energy as compared to conventional fan. It introduced new models of energy-efficient and BEE fivestar rated fans. Company's New Steel Pipe Plant at Hindupur (A.P.) which commissioned in March, 2017 for manufacture of ERW (GI, Black, Section) pipes expanded further its production capacity to 1,50,000 M.T.P.A. in November, 2017. The erstwhile Surya Global Steel Tubes Limited (e-SGSTL) merged with Company effective from 11th January, 2018 having its appointed date as 1st April, 2016 through the approved Scheme of Amalgamation by Chandigarh Tribunal on 11th December, 2017. The Kandla and Mundra Port manufactured API 5L X - 70 PSL2 Grade pipe for Oil & Gas Industry. The Company established world's one of the best 3LPE Coating facility having latest technology from Selmer, Netherland at its unit and commenced Commercial Production on November 05, 2018 for 3LPE Coated Pipe Manufacturing Unit with an installed capacity of 18,50,000 Sq. mtr. for External and 11,00,000 Sq. mtr. Internal Coating for pipes ranging from 4' to 64' diameter. The expansion at Hindupur Unit (A.P) was commissioned with capacity of 2 lakh M.T per annum of ERW Pipes along with Galvanized Pipes in 2019-20. The Company commissioned third galvanized plant at Hindupur from March 2021. It completed expansion of hree-line LPE Coating at Anjar and started commercial production from 31st March, 2021. The Company commenced Commercial Production of its second line for manufacturing of 3LPE Coated Pipes with an installed capacity of 9 Lakh square meter per annum over and above the existing installed capacity of 18,50,000 Sq. mtr. in 2021. It introduced more premium range of LED Downlighters, Battens, Lamps, Street Lights, Flood Lights, other decorative luminaires. In 2022, the Company commissioned large-dia section pipe facility with Direct Forming Technology (DFT) at Malanpur, Madhya Pradesh having an nstalled capacity of 36,000 MTPA effective on 14th April, 2022.

Managing Director

Raju Bista

Founded

1973

NSE Symbol

SURYAROSNI

Surya Roshni Ltd Management

NameDesignation
J P AgarwalChairman & Exec. Director
Raju BistaManaging Director
Vinay SuryaManaging Director
K N KarmarkarExecutive Director
Urmil AgarwalIndependent Director
T S BhattacharyaIndependent Director
Surender Singh KhuranaIndependent Director
Sunil SikkaIndependent Director
Suruchi AggarwalIndependent Director
Tekan Ghanshyam KeswaniIndependent Director
NARESH AGARWALIndependent Director
Sudhanshu Kumar AwasthiIndependent Director

Surya Roshni Ltd News

Surya Roshni schedules board meeting
On 14 May 2024
Surya Roshni secures order of Rs 94.75 cr
Surya Roshni wins order of Rs 119.71 cr
Surya Roshni consolidated net profit rises 0.49% in the December 2023 quarter
Sales decline 4.13% to Rs 1937.80 crore
Surya Roshni to announce Quarterly Result
On 8 February 2024
Surya Roshni wins order of Rs 60 cr
Surya Roshni bags Rs 72 crore work order from Odisha
Surya Roshni informed that the company has obtained an order amounted to Rs 72 crore from Odisha Urban Infrastructure Development Fund (OUIDF), Housing & Urban Development Department, Government of Odisha.
Surya Roshni corrects on profit selling
Surya Roshni dropped 4% to Rs 765.90 on profit selling a recent steep rally.
Surya Roshni Ltd leads gainers in 'A' group
KPI Green Energy Ltd, Kalpataru Projects International Ltd, Olectra Greentech Ltd and 3M India Ltd are among the other gainers in the BSE's 'A' group today, 29 December 2023.
Board of Surya Roshni recommends Interim Dividend
Of Rs.2.50 per share

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Surya Roshni Ltd FAQ

By opening a demat account and having your KYC papers confirmed online, you may simply purchase Surya Roshni Ltd shares in BlinkX

The share price of any stock is volatile and changes during the day due to a variety of variables. Surya Roshni Ltd's share price is ₹575.80 as of May 10, 2024

Surya Roshni Ltd's P/E ratio is 18.16 times as of May 10, 2024.

Surya Roshni Ltd's most recent financial reports indicate a price-to-book ratio of 3.49, showing the company's stock market valuation in relation to the value of its real assets.

Market capitalisation, often known as market cap, is the market value of all outstanding shares of a publicly listed corporation. Surya Roshni Ltd's market is 6,918 Cr as on May 10, 2024.

The current financial records of Surya Roshni Ltd show a 19.19% ROE, showing great financial performance and effective capital utilisation, making it a significant statistic for investors.

The 52-week high/low price of a Surya Roshni Ltd stock is the highest and lowest price at which it has traded over that period (about one year) and is used as a technical indicator. Surya Roshni Ltd's 52-week high and low as of May 10, 2024 are ₹615.05 and ₹572.6 respectively.

As of the Mar 2024 quarter, the promoter shareholding in Surya Roshni Ltd stands at 62.96%. During the same period, Institutional Investors have shown a slight decrease in their holdings, dropping from 5.26% to 5.02%.