Suraj Estate Developers Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.
SURAJEST · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Suraj Estate Developers reported standalone FY26 revenue of ₹40,410 lakh (down from ₹50,679 lakh in FY25) and profit after tax of ₹7,688 lakh (down from ₹9,650 lakh in FY25). Consolidated FY26 revenue stood at ₹55,586 lakh (vs ₹54,909 lakh in FY25) with consolidated PAT of ₹9,031 lakh (vs ₹10,016 lakh in FY25). The standalone revenue decline of ~20% reflects a slowdown in the real estate business. Statutory auditors issued an unmodified opinion on both standalone and consolidated results. The company also reappointed its cost and internal auditors for FY27 and noted the forfeiture of share warrants worth ₹4,987.50 lakh (subsequent to year-end). Operating cash flows were negative at ₹535.53 lakh for the consolidated entity. Total non-current borrowings increased to ₹5,320 lakh (vs ₹3,430 lakh prior year), while trade receivables and current loans grew significantly.
The standalone revenue and profit decline of ~20% YoY is a concern; however, the consolidated revenue shows marginal growth, indicating some resilience at the group level. The negative operating cash flows and rising debt levels warrant monitoring. The clean audit opinion provides some comfort.