Stock SURANASOL SURANA SOLAR LIMITED
Add to a list
To use this feature you must be a member
Log inSign up

Financials Surana Solar Limited NSE India S.E.

Equities

SURANASOL

INE272L01022

Renewable Energy Equipment & Services

Market Closed - NSE India S.E.
Other stock markets
 07:43:49 2024-04-26 am EDT 		5-day change 1st Jan Change
42 INR -2.10% Intraday chart for Surana Solar Limited -4.87% +26.13%
Apr. 18 Surana Solar Limited Reports Earnings Results for the Full Year Ended March 31, 2024 CI
Apr. 18 Surana Solar Limited Reports Earnings Results for the Fourth Quarter Ended March 31, 2024 CI

Valuation

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Capitalization 1 625.4 374 263.3 450.7 1,043 838
Enterprise Value (EV) 1 850.9 572.4 324.9 475.1 1,146 778.4
P/E ratio 74.8 x 38 x 44.6 x 229 x 125 x 37 x
Yield - - - - - -
Capitalization / Revenue 1.6 x 1.08 x 0.79 x 1.61 x 4.2 x 1.99 x
EV / Revenue 2.18 x 1.65 x 0.98 x 1.7 x 4.62 x 1.85 x
EV / EBITDA 13.8 x 11.7 x 5.92 x 8.68 x 29.4 x 54.9 x
EV / FCF -25.5 x 26.9 x 3.49 x 11.5 x 36.5 x 7.38 x
FCF Yield -3.92% 3.72% 28.7% 8.68% 2.74% 13.5%
Price to Book 1.19 x 0.7 x 0.49 x 0.83 x 1.89 x 1.46 x
Nbr of stocks (in thousands) 49,207 49,207 49,207 49,207 49,207 49,207
Reference price 2 12.71 7.600 5.350 9.160 21.20 17.03
Announcement Date 9/26/18 8/23/19 9/1/20 8/26/21 9/3/22 9/4/23
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net sales 1 391.2 347.4 331.7 279.4 248.3 421.8
EBITDA 1 61.62 49.07 54.84 54.76 38.95 14.18
EBIT 1 30.55 21.33 6.027 9.902 8.811 -11.47
Operating Margin 7.81% 6.14% 1.82% 3.54% 3.55% -2.72%
Earnings before Tax (EBT) 1 12.81 13.05 7.511 4.07 12.19 33.14
Net income 1 8.427 10.04 5.905 2.11 8.458 22.85
Net margin 2.15% 2.89% 1.78% 0.76% 3.41% 5.42%
EPS 2 0.1700 0.2000 0.1200 0.0400 0.1700 0.4600
Free Cash Flow 1 -33.34 21.31 93.08 41.22 31.42 105.4
FCF margin -8.52% 6.13% 28.06% 14.75% 12.66% 25%
FCF Conversion (EBITDA) - 43.42% 169.73% 75.27% 80.68% 743.57%
FCF Conversion (Net income) - 212.28% 1,576.28% 1,953.23% 371.54% 461.49%
Dividend per Share - - - - - -
Announcement Date 9/26/18 8/23/19 9/1/20 8/26/21 9/3/22 9/4/23
1INR in Million2INR
Estimates

Balance Sheet Analysis

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net Debt 1 226 198 61.6 24.4 103 -
Net Cash position 1 - - - - - 59.6
Leverage (Debt/EBITDA) 3.66 x 4.043 x 1.124 x 0.4451 x 2.652 x -
Free Cash Flow 1 -33.3 21.3 93.1 41.2 31.4 105
ROE (net income / shareholders' equity) 1.62% 1.89% 1.1% 0.39% 1.55% 4.06%
ROA (Net income/ Total Assets) 2.31% 1.67% 0.53% 0.96% 0.83% -1.12%
Assets 1 364.9 601.5 1,125 218.8 1,017 -2,039
Book Value Per Share 2 10.70 10.90 11.00 11.00 11.20 11.70
Cash Flow per Share 2 0.5200 0.5500 0.0700 0.0100 0 0.0200
Capex 1 0.14 40.1 9.57 2.67 3.06 1.98
Capex / Sales 0.04% 11.56% 2.88% 0.96% 1.23% 0.47%
Announcement Date 9/26/18 8/23/19 9/1/20 8/26/21 9/3/22 9/4/23
1INR in Million2INR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Sector Photovoltaic Solar Systems & Equipment

1st Jan change Capi.
LONGI GREEN ENERGY TECHNOLOGY CO., LTD. Stock LONGi Green Energy Technology Co., Ltd.
-18.69% 19.47B
FIRST SOLAR, INC. Stock First Solar, Inc.
+3.74% 19.13B
ENPHASE ENERGY, INC. Stock Enphase Energy, Inc.
-15.29% 15.23B
TONGWEI CO.,LTD Stock Tongwei Co.,Ltd
-13.38% 13.47B
JINKO SOLAR CO., LTD. Stock Jinko Solar Co., Ltd.
-13.32% 10.6B
FLAT GLASS GROUP CO., LTD. Stock Flat Glass Group Co., Ltd.
+37.48% 7.64B
XINJIANG DAQO NEW ENERGY CO.,LTD. Stock Xinjiang Daqo New Energy Co.,Ltd.
-16.81% 7.26B
JA SOLAR TECHNOLOGY CO., LTD. Stock JA Solar Technology Co., Ltd.
-30.07% 6.63B
XINYI SOLAR HOLDINGS LIMITED Stock Xinyi Solar Holdings Limited
+16.23% 6.03B
Photovoltaic Solar Systems & Equipment
  1. Stock Market
  2. Equities
  3. SURANASOL Stock
  4. SURANASOL Stock
  5. Financials Surana Solar Limited