Surya Roshni Limited has informed the Exchange regarding a press release dated August 13, 2025, titled "announces Q1 FY26 Results".
SURYAROSNI · price
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Awaiting price reaction for this filing.
Surya Roshni Limited reported weak Q1 FY26 results, with consolidated revenue falling 15.2% YoY to ₹1,604.52 crore and EBITDA plunging 48% YoY to ₹82.57 crore. PAT dropped 64% to ₹34 crore as softer commodity prices, deferred government projects, and early monsoon hurt realizations. The Steel Pipes & Strips segment saw revenue decline 20% to ₹1,207 crore with EBITDA/ton halving to ₹2,922, though export volumes grew 23% YoY on strong Middle East demand. The Lighting & Consumer Durables segment was relatively resilient with revenue up 3% to ₹397 crore, driven by double-digit volume growth in LED lamps, battens, and appliances. The company is now a zero-debt firm with a net cash surplus of ₹331 crore and holds a healthy order book of ~₹750 crore for the Steel Pipes business.
The sharp decline in profitability across both segments is a negative read for near-term sentiment, though the zero-debt balance sheet, strong cash position, ₹750 crore order book, and new housing wires launch (targeting ₹150 crore in year one) provide a cushion. Export strength and festive season demand may support recovery in H2 FY26, but margin pressure is likely to persist in the near term.