Standalone and Consolidated Audited financial results for the quarter and year ended 31st March, 2026
SURAJLTD · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 0.1 pts less than Nifty Microcap 250 and 1.1 pts more than its Iron & Steel Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Suraj Ltd reported FY26 standalone revenue of Rs 20,585.08 lakhs, down 12% from Rs 23,374.29 lakhs in FY25. Profit after tax (PAT) declined significantly to Rs 725.97 lakhs from Rs 1,170.67 lakhs, a fall of about 38%. EBITDA margin compressed from approximately 11.9% to 8.7% year-on-year. The company posted a loss in Q4 FY25 (Rs 387.78 lakhs) but recovered in Q4 FY26 with PAT of Rs 379.93 lakhs. Operating cash flow turned positive at Rs 1,726.60 lakhs after a negative Rs 901.20 lakhs in the prior year. Borrowings reduced slightly to Rs 6,030.21 lakhs. The auditor issued an unmodified opinion, and there are no going concern or qualified opinion issues. The associate company Suraj Enterprise Private Limited contributed a profit of Rs 21.04 lakhs for FY26 compared to Rs 159.80 lakhs in FY25.
The significant revenue decline and PAT contraction are concerning for shareholders. The compression in EBITDA margins indicates pressure on profitability despite cost control efforts. The positive turnaround in operating cash flow is a positive sign. The stock may face near-term pressure due to earnings decline, though the auditor's clean report provides some comfort.