Press Release for the Financial Year ended March 31, 2026.
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Suratwwala Business Group reported transformational FY26 results with consolidated revenue jumping 301% YoY to INR 143 Cr from INR 35.6 Cr. PBT grew 238% to INR 51.6 Cr, driven by strong execution in both real estate and solar EPC verticals. Total assets expanded 42% to INR 263 Cr and net worth rose 58% to INR 110 Cr. The newly operationalised Solar EPC vertical (through subsidiary SNER) contributed ~38% of consolidated revenue (INR 54.5 Cr) with PBT of INR 10.5 Cr. Real estate segment delivered revenue of INR 89.3 Cr and PBT of INR 41.2 Cr, led by SMP Buildings C, D and E. The company enters FY27 with ~INR 100 Cr of EPC and PPA-linked projects under execution, with FY27 priorities focused on cash conversion, WIP monetisation, treasury discipline and selective solar EPC growth.
The sharp revenue and profit growth across both verticals demonstrates the company's transition from a single-vertical real estate developer to a diversified platform with two scalable businesses. The disclosed INR 100 Cr solar pipeline provides near-term revenue visibility for FY27, supporting continued earnings momentum.