Surana Solar Limited

Company Profile

Surana Solar Limited had its IPO on under the ticker symbol SURANASOL.

The company operates in the Technology sector and Solar industry. Surana Solar Limited has a staff strength of 0 employees.

Stock update

Shares of Surana Solar Limited opened at ₹24.43 at the start of the last trading session i.e. 2023-09-13.

The stocks traded within a range of ₹23.21 - ₹24.6, and closed at ₹23.48.

This is a -3.89% slip from the previous day's closing price.

A total volume of 30,520 shares were traded at the close of the day’s session.

In the last one week, shares of Surana Solar Limited have slipped by -2.33%.

Surana Solar Limited's Key Ratios

Surana Solar Limited has a market cap of ₹1.18 billion, indicating a price to book ratio of 2.101 and a price to sales ratio of 3.865.

In the last 12-months Surana Solar Limited’s revenue was ₹394.83 million with a gross profit of ₹111.16 million and an EBITDA of ₹19.54 million. The EBITDA ratio measures Surana Solar Limited's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Surana Solar Limited’s operating margin was -1.26% while its return on assets stood at -1.25% with a return of equity of 4.06%.

In Q2, Surana Solar Limited’s quarterly earnings growth was a negative -87.2% while revenue growth was a negative 29%.

Surana Solar Limited’s PE and PEG Ratio

Forward PE

0

Trailing PE

200

PEG

Its diluted EPS in the last 12-months stands at ₹0.12 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Surana Solar Limited’s profitability.

Surana Solar Limited stock is trading at a EV to sales ratio of 3.7443 and a EV to EBITDA ratio of 20.9202. Its price to sales ratio in the trailing 12-months stood at 3.865.

Surana Solar Limited stock pays annual dividends of ₹0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

₹594.38 million

Total Liabilities

₹15.10 million

Operating Cash Flow

₹0

Capital Expenditure

₹0

Dividend Payout Ratio

0%

Surana Solar Limited ended 2024 with ₹594.38 million in total assets and ₹0 in total liabilities. Its intangible assets were valued at ₹594.38 million while shareholder equity stood at ₹574.27 million.

Surana Solar Limited ended 2024 with ₹0 in deferred long-term liabilities, ₹15.10 million in other current liabilities, in common stock, ₹0 in retained earnings and ₹0 in goodwill. Its cash balance stood at ₹1.21 million and cash and short-term investments were ₹0. The company’s total short-term debt was ₹0 while long-term debt stood at ₹0.

Surana Solar Limited’s total current assets stands at ₹296.21 million while long-term investments were ₹0 and short-term investments were ₹59.05 million. Its net receivables were ₹3.37 million compared to accounts payable of ₹5.11 million and inventory worth ₹132.10 million.

In 2024, Surana Solar Limited's operating cash flow was ₹0 while its capital expenditure stood at ₹0.

Comparatively, Surana Solar Limited paid ₹0 in dividends in 2024.

Other key metrics

Current Trading Price

₹23.48

52-Week High

₹32

52-Week Low

₹14.74

Analyst Target Price

₹

Surana Solar Limited stock is currently trading at ₹23.48 per share. It touched a 52-week high of ₹32 and a 52-week low of ₹32. Analysts tracking the stock have a 12-month average target price of ₹.

Its 50-day moving average was ₹24.44 and 200-day moving average was ₹21.57 The short ratio stood at 0 indicating a short percent outstanding of 0%.

Around 6686.3% of the company’s stock are held by insiders while 0% are held by institutions.