BSESuraj Products LtdHighNeutral
Announced Wed, 27 May · 15:28 IST

Revised outcome of Board Meeting held on 26.05.2026.

Revenue DeclinePat NegativeResults View source PDF

Price

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Price reaction · full curve 14 horizons · vs prior close
+11.0%1-day move
₹211.85
prior close
₹224.00
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+11.0+16.6+22.0+19.4+19.0+14.9+10.9+8.0+2.0
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AI summary

Suraj Products Limited reported audited standalone revenue of Rs 30,378.67 Lacs for FY26, down from Rs 32,637.27 Lacs in FY25, representing approximately 7% revenue decline. Standalone profit after tax declined to Rs 1,884.79 Lacs from Rs 2,143.39 Lacs in the previous year, a decrease of about 12%. EPS stood at Rs 16.53 compared to Rs 18.80 in FY25. The Board recommended a final dividend of Rs 2.25 per equity share (22.5% on face value of Rs 10). The statutory auditors issued an unmodified (clean) opinion on both standalone and consolidated financials. Borrowings were significantly reduced, with short-term borrowings down from Rs 1,623.13 Lacs to Rs 224.37 Lacs. The company has a foreign subsidiary Suraj Iron & Steel Manufacturers-L.L.C-S.P.C. which has not started operations yet.

Likely market impact

Revenue and profit declined year-on-year, indicating a challenging year. However, the clean audit opinion and significant debt reduction are positive signs. The dividend declaration provides some return to shareholders despite lower profitability.