ALFA Finder| Revenue growth | Q2 +33% YoY; H1 +30% YoY |
|---|---|
| Margins | EBITDA margin 5.8% Q2, flat QoQ, down from 7.6% YoY |
| Order book | Steel ~₹1,200 cr incl ~₹850 cr exports; Lighting >₹200 cr |
| Demand visibility | Steel order book ~₹1,200 cr; Lighting order book >₹200 cr |
Growth
Revenue +33% YoY to ₹2,448 cr; H1 ₹4,495 cr (+30%). Steel revenue +38%, Lighting +17% YoY.
Outlook
No numeric growth guidance. H2FY27 steel order book ~₹1,200 cr and rising export and value-added share.
Risks
Margins hit by higher input costs, EPR payments, step-up brand spend, and fading one-time European pre-buying.
Last quarter's promises, checked
Delivered
- Steel vol +20–22% guided → +23% YoY (= BEAT)
- Steel value +30%+ guided → steel rev +38% YoY (= BEAT)
Partly delivered
- 3 DFT mills Aug–Dec 2026 guided → Malanpur commissioned; Gujarat/Bahadurgarh unreported (= PARTIAL)
- Q2 EBITDA ~₹150 cr guided → absolute not disclosed; margin 5.8% flat QoQ (= PARTIAL)
- Q2 volume 2.6–2.65 lakh t guided → not disclosed; steel vol +23% YoY only (= PARTIAL)
Missed
- Lighting value +19–23% guided → +17% YoY (= MISS)
- Buyback 'very soon' → not in Q2 disclosures (= MISS)
Investor Presentation filed with BSE, NSE: SURYAROSNI. Summary written with AI assistance from the document.
Surya Roshni Ltd: key numbers
- Share price
- ₹216.76
- Market cap
- ₹4,717 Cr
- Revenue (annual)
- ₹7,540 Cr
- Net profit (annual)
- ₹285.8 Cr
- P/E (TTM)
- 15.1×Sector 17.0×
- 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 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
Surya Roshni Annual General Meeting
Surya Roshni Ltd held its 53rd Annual General Meeting on September 15, 2026, transacting ordinary and special business items via video conferencing.