Surana Solar quarterly results and financials

Surana Solar (SURANASOL)₹23.33−0.34%(9 Nov 2026 close)Heavy Electrical Equipment

Key facts

In the Jun 2026 quarter (standalone), Surana Solar reported sales of ₹17.16 Cr, up 717.1% from Jun 2025, and net profit of ₹5.45 Cr, up 1,779.3% year on year. For the year to Mar 2026, sales were ₹20.84 Cr and net profit ₹1.25 Cr.

Sales (Jun 2026): ₹17.16 Cr
Net profit (Jun 2026): ₹5.45 Cr
Sales (FY Mar 2026): ₹20.84 Cr
Net profit (FY Mar 2026): ₹1.25 Cr
EPS (Jun 2026): ₹1.10
Borrowings (Mar 2026): ₹0 Cr

Company filings, standalone accounts; latest reported quarter Jun 2026

Surana Solar quarterly results

₹ crore unless stated; each column is a quarter.

Surana Solar Quarterly results
	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales	2.78	4.39	3.92	11.37	14.27	10.65	2.53	2.10	2.59	2.57	13.62	17.16
Expenses	4.20	3.89	3.62	10.85	13.48	10.29	3.51	3.73	4.89	1.79	13.47	16.53
Operating Profit	−1.45	0.51	0.31	0.48	0.77	0.32	−1.01	−1.66	−2.34	0.77	0.10	0.58
OPM %	−52.0%	11.3%	7.6%	4.1%	5.3%	2.9%	−39.7%	−79.0%	−90.4%	29.7%	0.7%	3.3%
Other Income	0.31	0.27	0.09	0.31	0.25	0.17	0.41	2.36	3.66	0.17	0.70	6.35
Interest	0.04	0.02	0.04	0.04	0.08	0.02	0.06	0.05	0.07	0.08	0.07	0.02
Depreciation	0.55	0.45	0.28	0.45	0.48	0.27	0.37	0.32	0.56	0.59	0.57	0.56
Profit before tax	−1.70	0.34	0.11	0.33	0.49	0.23	−1.00	0.38	0.74	0.30	0.19	6.38
Tax %	−14.1%	66.7%	260.0%	15.7%	31.3%	22.8%	−27.2%	21.7%	26.1%	24.2%	−11.1%	14.7%
Net Profit	−1.46	0.12	−0.16	0.29	0.34	0.18	−0.72	0.29	0.55	0.23	0.21	5.45
EPS (Rs)	−0.28	0.01	−0.02	0.05	0.06	0.02	−0.13	0.05	0.10	0.03	0.03	1.10

Surana Solar profit and loss

₹ crore unless stated; years end in March. TTM is the last four quarters.

Surana Solar Profit and loss
	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Sales	121	84.08	39.11	34.76	33.20	27.95	24.82	42.16	17.70	38.81	20.84	35.94
Expenses	111	75.74	32.95	29.81	27.53	22.49	20.78	40.67	15.45	38.13	23.88	36.68
Operating Profit	9.38	8.08	6.05	4.83	5.56	5.38	3.98	1.39	2.23	0.57	−3.15	−0.89
OPM %	7.7%	9.6%	15.4%	13.8%	16.7%	19.2%	16.0%	3.3%	12.5%	1.4%	−15.1%	−2.5%
Other Income	1.18	0.40	0.57	1.26	1.00	0.40	0.86	4.74	−1.12	1.17	6.92	10.88
Interest	4.46	3.29	2.17	1.95	0.87	0.83	0.55	0.20	0.09	0.18	0.24	0.24
Depreciation	3.00	2.76	3.18	2.85	4.96	4.56	3.09	2.64	1.92	1.54	2.01	2.28
Profit before tax	3.12	2.45	1.29	1.31	0.76	0.42	1.23	3.32	−0.91	0.05	1.57	7.61
Tax %	31.6%	31.7%	34.5%	23.1%	21.4%	48.8%	30.4%	31.2%	40.0%	−24.9%	20.6%	—
Exceptional items	0.00	0.00	0.00	0.00	0.99	0.00	0.00	2.99	−2.99	0.00	0.00	—
Net Profit	2.14	1.68	0.85	1.01	0.60	0.22	0.86	2.29	−1.27	0.07	1.25	6.44
EPS (Rs)	0.42	0.33	0.16	0.19	0.11	0.03	0.16	0.45	−0.25	0.00	0.24	1.26
Dividend payout %	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	—

Surana Solar balance sheet

₹ crore, at each year end.

Surana Solar Balance sheet
	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	24.69	24.66	24.67	24.65	24.65	24.64	24.62	24.64	24.62	24.64	24.64	24.63
Reserves	23.34	25.49	27.16	28.01	29.01	29.58	29.76	30.65	32.89	31.64	31.73	32.96
Borrowings	66.14	48.49	22.74	25.04	22.46	6.48	7.32	10.35	0.00	0.00	0.00	0.00
Other Liabilities	11.89	5.80	10.27	3.06	3.10	3.76	2.33	3.00	2.01	2.69	3.60	9.85
Total Liabilities	126	104	84.84	80.76	79.22	64.46	64.03	68.64	59.52	58.97	59.97	67.44
Fixed Assets	29.56	27.18	29.00	25.89	27.03	30.67	26.39	23.62	19.64	13.84	10.42	24.52
CWIP	11.87	12.52	11.47	11.46	11.45	0.00	0.00	0.00	0.00	0.00	1.25	0.00
Investments	0.01	0.00	0.00	0.00	0.00	0.00	4.84	0.04	5.61	8.05	5.05	4.88
Other Assets	84.62	64.74	44.37	43.41	40.74	33.79	32.80	44.98	34.27	37.08	43.25	38.04
Inventories	59.99	41.72	17.78	27.38	27.98	12.38	8.42	20.68	13.20	18.08	15.73	18.17
Trade receivables	10.49	17.22	21.87	3.39	1.45	7.11	8.13	3.54	0.33	0.21	0.48	0.54
Cash & equivalents	7.43	2.22	3.94	2.58	2.71	0.35	1.13	0.56	0.19	0.37	1.81	1.90
Total Assets	126	104	84.84	80.76	79.22	64.46	64.03	68.64	59.52	58.97	59.97	67.44

Surana Solar cash flow

₹ crore, for each year.

Surana Solar Cash flow
	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from operating activity	−14.90	21.05	34.23	−1.62	8.70	10.83	5.93	−8.17	9.94	0.12	1.52	5.33
Cash from investing activity	0.17	−1.02	−3.35	0.13	−3.97	3.75	−5.09	5.15	0.28	0.00	4.69	−7.96
Cash from financing activity	14.33	−20.26	−30.40	1.12	−2.61	−16.80	−0.80	2.94	−10.10	0.05	−5.73	2.73
Net cash flow	−0.34	−0.30	0.32	−0.33	2.06	−2.24	0.02	−0.04	0.11	0.16	0.48	0.07
Capex	3.23	1.27	3.71	0.00	4.00	0.95	0.26	0.30	0.19	0.00	0.00	15.79
Free cash flow	−15.21	19.67	30.55	−1.61	4.65	14.51	5.63	−8.41	11.19	1.70	3.44	−9.23
CFO / OP %	−73.1%	230.9%	430.9%	−19.1%	187.9%	196.9%	111.9%	−196.1%	809.0%	24.0%	402.0%	−172.0%

Surana Solar ratios

Working-capital days and returns, by year.

Surana Solar Ratios
	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor days	30	51	94	31	14	77	105	51	2	4	4	9
Inventory days	233	160	97	384	416	201	159	420	136	552	166	357
Days payable	9	4	12	6	9	8	15	18	6	8	6	22
Cash conversion cycle	255	208	180	410	422	272	251	454	132	549	165	344
Working capital days	32	71	54	230	346	262	295	296	193	500	218	342
ROCE %	16.1%	7.1%	6.7%	4.5%	4.2%	1.0%	2.0%	2.8%	−0.4%	2.6%	0.3%	3.2%

Surana Solar: frequently asked questions

What are the latest quarterly results of Surana Solar?

For the Jun 2026 quarter, Surana Solar reported sales of ₹17.16 Cr, up 717.1% year on year and net profit of ₹5.45 Cr, up 1,779.3% year on year. The operating margin was 3.3%.

What is the annual revenue of Surana Solar?

Surana Solar's sales for the year to Mar 2026 were ₹20.84 Cr; over the last twelve months they were ₹35.94 Cr.

What is the net profit of Surana Solar?

Net profit for the year to Mar 2026 was ₹1.25 Cr, and ₹6.44 Cr over the last twelve months. Earnings per share over the same trailing period were ₹1.26.

How much debt does Surana Solar have?

Surana Solar reported borrowings of ₹0 Cr at Mar 2026, against cash and equivalents of ₹1.90 Cr.

What is the free cash flow of Surana Solar?

Cash from operations was ₹5.33 Cr in the year to Mar 2026; after capital spending, free cash flow was −₹9.23 Cr.

Loading…