SURYAROSNIBSESurya Roshni LtdMediumNeutral
Announced Mon, 25 May · 14:59 IST

Investor Presentation May-2026

Order Pipeline DisclosedMgmt Guided Margin PressureInvestor Communications View source PDF

SURYAROSNI · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-4.3%1-day move
₹245.10
prior close
₹219.25
base price
In-mkt
timing
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+0.8-0.7-1.3-1.1-4.3-3.2-3.8+2.4+1.4+4.8+7.3+6.5-2.1
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AI summary

Surya Roshni reported Q4FY26 consolidated revenue of ₹2,163 crore (stable YoY, +12% QoQ) with PAT of ₹98 crore, up 23% sequentially. However, full-year FY26 performance showed pressure with PAT declining 18% YoY to ₹286 crore on revenue of ₹7,540 crore. EBITDA margins compressed significantly — Q4FY26 margins fell to 7.9% from 9.9% in Q4FY25, and FY26 margins dropped to 7.2% from 8.2% in FY25. The Steel Pipes segment faced headwinds from geopolitical disruptions and export volatility, though it achieved its highest-ever quarterly dispatch volumes of ~2.6 lakh tonnes. The Lighting & Consumer Durables segment delivered 9% YoY revenue growth in Q4 but saw EBITDA margins decline to 8.8% from 10.3% a year ago. The company highlighted a strong order book of ₹1,000 crore in steel pipes, providing visibility for H1FY27, and maintains a net cash surplus position of ₹337 crore.

Likely market impact

The stock may face pressure as margins declined across both segments while revenue growth remained flat, indicating cost or pricing pressures. However, the ₹1,000 crore order book and sequential improvement in Q4 PAT provide some support for near-term outlook.