Surya Roshni Ltd

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Start SIP in Surya Roshni Ltd
Stock Performance
52 Week Low - High
Today’s Low - High

Open

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Total Traded Value

View details of Market Depth
Fundamental

Market Cap (in crs)

Face Value

Turnover (in lacs)

Key Metrics
Qtr Change %
25.16% Fall from 52W High
28.4
TTM PE Ratio
Below industry Median
20.8
Price to Book Ratio
Below industry Median
3.2
Dividend yield 1yr %
Above industry Median
0.7
TTM PEG Ratio
PEG TTM is negative
-11
RSI
RSI is mid-range
58.8
MFI
MFI is mid-range
68.2

Surya Roshni Ltd Key Financials

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*All values are in ₹ Cr.

*All values are in ₹ Cr.

*All values are in ₹ Cr.

*All values are in ₹ Cr.

Surya Roshni Ltd shareholding Pattern

Promoter
63%
Foreign Institutions
5%
Domestic Institutions
0.6%
Public
31.1%
Promoter
63%
Foreign Institutions
5.3%
Domestic Institutions
0.5%
Public
30.6%
Promoter
63%
Foreign Institutions
5.2%
Domestic Institutions
0.4%
Public
30.5%
Promoter
63%
Foreign Institutions
4.9%
Domestic Institutions
0.4%
Public
30.6%
Promoter
63%
Foreign Institutions
2.5%
Domestic Institutions
0.2%
Public
33.2%
Promoter
63%
Foreign Institutions
0.9%
Domestic Institutions
0.2%
Public
34.3%

Surya Roshni Ltd Technical Analysis

Moving Averages Analysis
Moving Averages Analysis
Current Price
Bullish Moving Averages
16
Bearish Moving Averages
0
5Day EMA
625.00
10Day EMA
616.20
12Day EMA
613.30
20Day EMA
605.30
26Day EMA
601.60
50Day EMA
595.80
100Day EMA
593.00
200Day EMA
563.50
5Day SMA
625.50
10Day SMA
615.40
20Day SMA
597.40
30Day SMA
589.60
50Day SMA
593.30
100Day SMA
600.60
150Day SMA
609.70
200Day SMA
587.00
Delivery & Volume
Resistance & Support
626.65
Pivot
Resistance
First Resistance
642.20
Second Resistance
654.55
Third Resistance
670.10
Support
First Support
614.30
Second support
598.75
Third Support
586.40
Relative Strength Index
58.76
Money Flow Index
68.22
MACD
11.63
MACD Signal
7.03
Average True Range
27.81
Average Directional Index
13.87
Rate of Change (21)
8.33
Rate of Change (125)
9.25
Peer comparison
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Market Cap
52W Low
52W High
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Usha Martin Ltd.
12343.57
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13502.01
258.55
631.9
JTL Industries Ltd.
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161
278
Venus Pipes & Tubes Ltd.
4419.68
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2254.45
Harsha Engineers International Ltd.
5245.96
360.1
592

Surya Roshni Ltd Company background

Founded in: 1973
Managing director: Raju Bista
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 201415. The Steel Pipes and Strips business, under the brand Prakash Surya, manufactures a wide range of products, and is Indias 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 coldrolled formed sections and profiles, and coldrolled (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 199596. 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 199596, 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 200607, 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 200708, 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 200809, 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 200910, 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 T3 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 200910, 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 201011, 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 201011.The Company launched colourful range of Ceiling, Table, Pedestal, Wall mounted and domestic Exhaust fans under the brand name SURYA in 201314. During year 201415, 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 201718, the Company launched several innovative LEDs like dynamic colour changing lamps, appcontrolled 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, aerodynamically designed blades and woodfinish aluminium blades. It introduced fans with antidust technology, which attract 50% less dust than a regular fan and developed a 32W superefficient BLDC fan, which saves around 60% energy as compared to conventional fan. It introduced new models of energyefficient and BEE fivestar rated fans.Companys 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 (eSGSTL) 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 worlds 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 201920.The Company commissioned third galvanized plant at Hindupur from March 2021. It completed expansion of hreeline 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 largedia 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.
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Surya Roshni Ltd FAQs

Surya Roshni Ltd shares are currently priced at 629.85 on NSE and 633.85 on BSE as of 6/20/2024 12:00:00 AM. Please be aware that stock prices are subject to continuous fluctuations due to various factors.

The past 1-year return of Surya Roshni Ltd [SURYAROSNI] share was 50.97. The Surya Roshni Ltd [SURYAROSNI] share hit a 1-year low of Rs. 364.53 and a 1-year high of Rs. 841.65.

The market cap of Surya Roshni Ltd is Rs. 6853.9 Cr. as of 6/20/2024 12:00:00 AM.

The PE ratios of Surya Roshni Ltd is 20.97 as of 6/20/2024 12:00:00 AM.

The PB ratios of Surya Roshni Ltd is 3.18 as of 6/20/2024 12:00:00 AM

The Mutual Fund Shareholding was 0.05% at the end of 6/20/2024 12:00:00 AM.

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