SURAJ PRODUCTS LTD.
Latest filings
- Suraj Products files Q2 FY27 demat compliance certificate with BSE · Compliance
- Executive Director Gagan Goyal ceases on tenure completion, not re-appointed · Management Changes
- Independent Director Mr. C.K. Bhartia ceases on completion of second term · Management Changes
Snapshot
What the business is, and whether it's a good one at a fair price.
Produces Direct Reduced Iron (DRI), commonly called sponge iron, at a plant in Rajgangpur, Odisha, with a captive power plant supporting operations. One kiln of the DRI plant and the power plant were taken for scheduled maintenance in July 2026 for about 30 days each. FY26 standalone revenue was Rs 30,378.67 Lacs, down from Rs 32,637.27 Lacs in FY25, with EBITDA margin of 10.25% and net profit of Rs 1,871.74 Lacs. The biggest cost line is raw materials at 67.2% of revenue (Rs 204.03 crore), reflecting the iron ore and coal-based reductant inputs needed for DRI. The company is also setting up a rolling mill in Abu Dhabi through a wholly owned UAE subsidiary that signed an agreement with KEZAD Group in May 2026, but this subsidiary has not yet started operations. Borrowings were sharply reduced in FY26, with short-term borrowings falling from Rs 1,623.13 Lacs to Rs 224.37 Lacs, and ICRA upgraded its long-term rating to BBB+ (Stable).
Scorecard
Measured from the filed financials, judged against its Iron & Steel Products peers · as of FY26 — not investment advice
Strengths
Concerns
Nothing flagged in the filed numbers.Charts
How has the market priced it — with filings on the timeline?
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Peers
How does it stack up on valuation, returns and growth?
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Financials
Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.
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Ownership
Who owns it — and is the promoter stake clean?
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Common questions
Answered from SURAJ PRODUCTS LTD.'s filed financials and exchange disclosures
What does SURAJ PRODUCTS LTD. do?
SURAJ PRODUCTS LTD. is a Industrial Products company listed on BSE.
Is SURAJ PRODUCTS LTD. profitable?
Yes. Over the trailing twelve months SURAJ PRODUCTS LTD. reported a net profit of ₹21 Cr on revenue of ₹311 Cr.
Does SURAJ PRODUCTS LTD. pay a dividend?
Yes. The dividend yield is 0.90% at the current price. It paid out 14% of its profit as dividend in FY26.
Is SURAJ PRODUCTS LTD. debt-free?
On a net basis, yes. It reported borrowings of ₹5.53 Cr on its 31 Mar 2026 balance sheet, but holds ₹2.45 Cr more cash than debt.
Is SURAJ PRODUCTS LTD. expensive compared with its peers?
On trailing P/E, SURAJ PRODUCTS LTD. ranks 44 of 105 in Iron & Steel Products — cheaper than 59% of them, against an industry median of 15.4×. This is a position, not a valuation judgement.
How much does the SURAJ PRODUCTS LTD. share price move in a day?
On a typical session SURAJ PRODUCTS LTD. moves 2.25% — that is the median absolute close-to-close move across its last 267 trading days. MarketPing measures each filing's price reaction against it.
Where can I track SURAJ PRODUCTS LTD.'s announcements?
Every NSE and BSE filing by SURAJ PRODUCTS LTD. appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.
Figures are as last reported and may lag the latest filing. Not investment advice.