Assembled from the company's filings and exchange data as of today. Download PDF renders this page on the server; the narrative sections arrive with the Nexa composer.
Dossier · Surya India Limited · 29 October 2026Page 1 of 3
Company Dossier
MarketPing Research · factual · no rating expressed
Surya India Limited
BSE: 539253
BSE: 539253
Financial Services › Financial Services › Finance › Non Banking Financial Company (NBFC)
Surya India Limited
StateQ1 FY27 filed
Last close · 18 Oct 2024₹18.25
Market cap₹0.0k cr
TTM P/E · P/B · EV/EBITDA4.4 · 0.11 · —
Surya India Limited is a Finance company. The annual-report business brief for this company has not been generated yet; the numbers below are as filed.
What a broker report prints here — the analyst's thesis. This dossier prints the filed record instead; the narrative read of the latest results, the guidance ledger and the earnings-call summary are the composer's sections (INSTITUTIONAL-PLAN.md M3) and are not yet produced.
Exhibit 1: Financial summary, FY22–FY26 (all audited; no estimate years)
| ₹ crore · standalone | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 4 | 4 | 5 | 5 | 7 |
| EBITDA (ex other income) | 1 | 2 | 2 | 3 | 4 |
| margin % | 15.8 | 38.0 | 47.1 | 51.9 | 60.6 |
| Owners' profit | (0) | 1 | 9 | 13 | 3 |
| EPS, as reported (₹) | (0.35) | 0.83 | 13.29 | 17.90 | 3.84 |
| ROE % · ROCE % | (0.4) · (0.0) | 0.4 · 0.6 | 7.5 · 8.9 | 10.5 · 12.3 | 2.4 · 3.1 |
| Debt / equity (x) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash from operations | 0 | 0 | (7) | (2) | (18) |
| Capex | 0 | 0 | 0 | 0 | (0) |
Source: SEBI results XBRL as filed with BSE/NSE; EBITDA excludes other income.
Every figure is a filed number or a ratio over filed numbers · No rating, target or fair value is expressed · Disclosures on the last pagemarketping.in
Dossier · Surya India Limited · 29 October 2026Page 2 of 3
Exhibit 2: Quarterly performance, last 8 quarters
| ₹ crore | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1 | 2 | 1 | 1 | 2 | 2 | 2 | 2 |
| Profit before tax | 0 | 1 | 14 | 1 | 1 | 1 | 1 | 1 |
| Net profit | 0 | 1 | 11 | 0 | 1 | 1 | 1 | 0 |
| EPS (₹) | 0.49 | 1.15 | 16.41 | 0.52 | 0.98 | 1.65 | 0.83 | 0.65 |
Source: quarterly results as filed; the balance sheet is filed half-yearly and is not repeated here.
Exhibit 3: Segment revenue, FY26
| Segment | Revenue, ₹ crore | Share % |
|---|---|---|
| Financing Activities | 2 | 31.3 |
| Rental Income From Immovable Properties | 1 | 13.1 |
| Rental from Immovable Properties | 2 | 20.9 |
| Financing activities | 1 | 11.0 |
| Leasing activities | 1 | 13.8 |
| Leasing Activities | 1 | 9.9 |
| Total, before eliminations | 7 | 100.0 |
Source: the filed segment block, four quarters summed.
Exhibit 4: Peers — basic industry group, by market cap
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| BAJAJ FINANCE LIMITED | 5,70,768 | 28.1 | 4.88 | — | 16.5 | — | 25.2 | 70.7 |
| SHRIRAM FINANCE LIMITED | 1,94,820 | 14.6 | 2.96 | — | 15.2 | — | 22.5 | 74.7 |
| CHOLAMANDALAM IN & FIN CO | 1,31,798 | 22.8 | 4.33 | — | 17.2 | — | 26.5 | 71.2 |
| TATA CAPITAL LIMITED | 1,31,209 | 24.0 | 2.79 | — | 10.4 | — | — | 75.8 |
| MUTHOOT FINANCE LIMITED | 96,352 | 8.5 | 2.42 | — | 26.7 | — | 22.0 | 84.0 |
| SBI CARDS & PAY SER LTD | 50,202 | 22.1 | 3.19 | — | 13.8 | — | — | 33.1 |
| SUNDARAM FINANCE LTD | 43,766 | 19.6 | 2.94 | — | 13.8 | — | — | 78.4 |
| AUTHUM INVEST & INFRA LTD | 42,040 | 7.2 | 2.85 | — | 13.1 | — | — | 90.1 |
Source: exchange data and filed statements via the screener; multiples at current prices.
Exhibit 5: Where the company sits in its group
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 4.4 | 18.1 | 19 of 200 | 91% |
| P/B | 0.1 | 1.1 | 7 of 253 | 97% |
| ROCE | 3.0 | 2.0 | 25 of 59 | 59% |
| ROE | 2.4 | 3.1 | 147 of 257 | 43% |
| Debt / Equity | 0.0 | 0.0 | 1 of 53 | 58% |
| EBITDA margin | 51.4 | 48.6 | 121 of 249 | 52% |
| Revenue growth | 180.5 | 12.6 | 30 of 231 | 87% |
| Profit growth | 24.9 | 7.8 | 108 of 251 | 57% |
| Market cap | 13 | 34 | 197 of 268 | 27% |
Source: MarketPing peer ranks; a rank is a measurement, not a view.
Every figure is a filed number or a ratio over filed numbers · No rating, target or fair value is expressed · Disclosures on the last pagemarketping.in
Dossier · Surya India Limited · 29 October 2026Page 3 of 3
Exhibit 6: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | Next day % | 5-day % |
|---|---|---|---|---|
| 15 Oct 2026 · RTA confirms no physical share certificates for demat in Q2 FY27 | compliance | minimal | — | — |
| 28 Sept 2026 · As per the provision of SEBI(Prohibition of Insider Trading) Regulations, 2015 and any other applicable regulations, if any as amended from time to time, "Trading Window" for dealing in .... | compliance | minimal | — | — |
| 28 Sept 2026 · All 7 resolutions passed at 41st AGM of Surya India | board shareholder meetings | medium | — | — |
| 27 Sept 2026 · 41st AGM of Surya India held on Sept 27 - 7 resolutions transacted | board shareholder meetings | low | — | — |
| 15 Sept 2026 · Company Secretary Mr. Navneet Kumar Mishra resigns | management changes | medium | — | — |
| 15 Sept 2026 · Company Secretary of Surya India resigns effective 15 September 2026 | management changes | medium | — | — |
| 5 Sept 2026 · Surya India 41st AGM notice published; book closure Sep 19-26 | compliance | minimal | — | — |
| 3 Sept 2026 · Surya India: 41st AGM notice and Annual Report FY 2025-26 dispatched | compliance | minimal | — | — |
| 3 Sept 2026 · Surya India files FY26 Annual Report; AGM on 27 Sep 2026 with related party proposals | results | high | — | — |
| 3 Sept 2026 · Surya India 41st AGM on Sep 27, 2026; Rs 115 Crore Haldiram group deals on agenda | board shareholder meetings | low | — | — |
Source: exchange announcements; each reaction is measured from the close before the filing. Next day = the close one session after the reaction day (the first session that could trade the filing).
How to read this document
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions | an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
Sources, method and disclosures
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.
Every figure is a filed number or a ratio over filed numbers · No rating, target or fair value is expressed · Disclosures on the last pagemarketping.in