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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
Surya Roshni Limited is an India-based steel pipes and lighting company. The Company specializes in manufacturing a diverse array of products in the steel pipes and strips category. It is engaged in the manufacturing of galvanized iron (GI) pipes and exporting electric…
Weekly engine runs — movement reflects the numbers, not analyst opinion.
A decent, stagnant business, fairly priced.
SURYA ROSHNI LTD is scored on the commodity / cyclical framework. It keeps a thin 3.8% of every rupee of sales as net profit. Those profits are backed by real cash — operating cash flow runs 1.40× reported profit. Free cash flow is worth about 2.5% of its market value.
Over the last 3 years revenue compounded at -2%/yr and profit at -5%/yr. Book value has grown 12%/yr. Return on equity is a modest 10.8%. In the latest quarter profit fell 39% versus the prior quarter.
At 17× earnings, the stock sits at the 47th percentile of its own 3.6-year range — the middle of where it has historically traded. Today's price implies ~5%/yr earnings growth for a decade. The books come through clean — a forensic grade of A, and Altman puts distress risk in the safe zone.
A plain-English restatement of the figures on this page — rules-based, for education and research context, not investment advice or a recommendation.
| Ratio | Company | Sector | Read |
|---|---|---|---|
| P/E | 15.13 | 21.11 | better |
| P/B | 1.79 | 2.12 | better |
| EV/EBITDA | 7.58 | 8.94 | better |
| ROE | 10.85 | 18.05 | worse |
| ROCE | 14.98 | 11.11 | better |
| ROA | 8.8 | 3.13 | better |
| Quick Ratio | 1.96 | 3.33 | worse |
| Peer | P/E | P/B | ROE |
|---|---|---|---|
| Cummins India | 49.9 | 13.5 | 27.1% |
| Welspun Corp | 24.6 | 5.5 | 22.3% |
| Indo-mim | 109.9 | 21.2 | 23.4% |
Negative CAGR — the top line has shrunk over this window. Growth is accelerating — latest year outpaced the prior year's rate.
Revenue is outpacing profit (-2% vs -5%) — costs are rising faster than the top line.
Operating margins have been stable around 5% — no major structural shift.
ROE at 11% — modest; the capital isn't working hard. Capital efficiency declining — ROE down 7pp.
EPS dropped in the latest year despite possible profit changes — dilution or a profit dip could be at play. Profit grew faster than EPS (-5% vs -25%) — share dilution is eroding per-share value. -25% EPS CAGR — this is the rate at which each share's claim on earnings is compounding.
Operating cash flow has been positive every year — the business generates real cash, not just accounting profit. Cash conversion at 1.4× PAT — earnings are well-backed by cash; strong accrual quality. Heavy investing spend every year, but operations generate enough to cover it — the business self-funds its growth.
When operating cash keeps pace with reported profit, earnings are cash-backed; a persistent shortfall is a quality flag.
Revenue fell 6% QoQ — could be seasonality or a genuine slowdown. Run-rate stepping up — recent quarters average 11% above earlier ones.
Profit fell 39% QoQ — one-quarter drops can be noise, but a pattern matters.
How today's P/E compares to the stock's own historical range. Dashed line = the 3.6y median.
Promoter holding at 63.0% — majority control intact.
Produced by a rules-based engine over licensed exchange fundamentals — every sentence above is derived from the numbers shown, no analyst or AI opinion involved. Education and research context, not investment advice. We are not SEBI-registered as an Investment Adviser or Research Analyst.