Surana Solar Ltd

NSE: SURANASOL BSE: 533298

₹24.15

(2.90%)

Thu, 08 Oct 2026, 04:13 pm

MTF 5xInvest in Surana Solar Ltd with 5x Leverage Buy with MTF

Market Cap (in Cr)119.08

PE Ratio18.57

Dividend0

Electronic Technology

Semiconductors

24.5K

Surana Solar Financials

Income Statement Balance Sheet Cashflow

Particulars	2006	2007	2008	2009	2010	2011	2012	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Total revenue	0	0	0	282.91M	1.00B	726.69M	949.09M	1.29B	1.25B	1.18B	840.90M	391.19M	347.38M	331.69M	279.42M	248.31M	421.83M	177.06M	388.00M
Gross profit	-43.06K	-409.49K	—	49.93M	240.69M	58.32M	107.06M	140.81M	207.51M	109.56M	83.84M	57.15M	44.86M	34.33M	26.19M	25.33M	13.25M	18.99M	9.44M
Operating expenses (excl. COGS)	0	-11.08K	-8.11M	-3.73M	-29.13M	-30.35M	-33.63M	-41.47M	-49.03M	-46.01M	-30.65M	-28.60M	-25.06M	-28.49M	-18.03M	-16.43M	-25.70M	-15.98M	-20.28M
Selling/general/admin expenses, total	—	—	-8.06M	-3.51M	-28.69M	-30.07M	-33.07M	-40.84M	-47.99M	-40.59M	-27.19M	-25.77M	-22.56M	-24.74M	-16.63M	-14.97M	-23.14M	-14.90M	-19.39M
Research & development	0	0	0	0	0	0	0	0	0	0	—	—	—	—	—	—	—	—	—
Selling/general/admin expenses, other	—	—	-8.06M	-3.51M	-28.69M	-30.07M	-33.07M	-40.84M	-47.99M	-40.59M	-27.19M	-25.77M	-22.56M	-24.74M	-16.63M	-14.97M	-23.14M	-14.90M	-19.39M
Other operating expenses, total	0	-11.08K	-54.00K	-223.10K	-438.52K	-277.96K	-558.81K	-631.33K	-1.05M	-5.42M	-3.46M	-2.83M	-2.49M	-3.75M	-1.40M	-1.46M	-2.56M	-1.09M	-893.00K
Operating income	-43.06K	-420.56K	-8.18M	46.20M	211.56M	27.96M	73.43M	99.34M	158.48M	63.55M	53.19M	28.55M	19.80M	5.85M	8.16M	8.90M	-12.45M	3.01M	-10.84M
Non-operating income, total	0	2.80K	851.50K	16.18M	-4.09M	-23.54M	-37.62M	-45.80M	-56.64M	-32.51M	-28.72M	-15.75M	-6.75M	1.66M	-4.09M	3.29M	45.59M	-12.04M	10.15M
Interest expense, net of interest capitalized	0	0	-1.94M	-6.72M	-17.56M	-29.01M	-18.29M	-29.09M	-52.99M	-44.40M	-32.85M	-21.57M	-19.41M	-8.58M	-8.17M	-5.37M	-1.91M	-757.00K	0
Interest capitalized	0	0	0	0	0	0	0	0	0	0	0	—	0	0	0	0	0	0	0
Non-operating income, excl. interest expenses	0	2.80K	2.79M	22.92M	13.46M	5.48M	-19.51M	-16.72M	-3.70M	9.29M	4.12M	5.82M	6.51M	9.89M	4.09M	8.66M	47.50M	-11.28M	10.15M
Non-operating interest income	—	2.80K	1.21M	10.37M	9.16M	7.42M	3.23M	7.02M	5.51M	2.81M	1.55M	1.44M	382.37K	156.49K	212.32K	5.64M	5.76M	7.18M	6.54M
Miscellaneous non-operating expense	0	0	1.58M	12.54M	4.30M	-1.95M	-22.74M	-23.73M	-9.21M	6.48M	2.57M	4.38M	6.13M	9.74M	3.87M	3.02M	41.74M	-18.46M	3.62M
Unusual income/expense	—	—	—	-17.92K	11.22K	—	176.72K	—	53.97K	2.60M	—	—	6.15M	347.50K	0	0	0	0	0
Pretax income	-43.06K	-417.76K	-7.33M	62.38M	207.47M	4.43M	35.81M	53.54M	101.84M	31.04M	24.47M	12.81M	13.05M	7.51M	4.07M	12.19M	33.13M	-9.03M	-686.00K
Taxes	14.49K	-14.49K	0	-273.32K	-42.94M	-1.22M	-10.02M	-23.19M	-17.48M	-9.78M	-7.76M	-4.38M	-3.02M	-1.61M	-1.96M	-3.73M	-10.29M	-3.56M	160.00K
Non-controlling/minority interest	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
After tax other income/expense	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net income before discontinued operations	-28.57K	-432.26K	-7.33M	62.11M	164.53M	3.21M	25.79M	30.35M	84.36M	21.26M	16.70M	8.43M	10.04M	5.90M	2.11M	8.46M	22.85M	-12.59M	-526.00K
Net income	-28.57K	-432.26K	-7.33M	62.11M	164.53M	3.21M	25.79M	30.35M	84.36M	21.26M	16.70M	8.43M	10.04M	5.90M	2.11M	8.46M	22.85M	-12.59M	-526.00K
Dilution adjustment	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Preferred dividends	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Diluted net income available to common stockholders	-28.57K	-432.26K	-7.33M	62.11M	164.53M	3.21M	25.79M	30.35M	84.36M	21.26M	16.70M	8.43M	10.04M	5.90M	2.11M	8.46M	22.85M	-12.59M	-526.00K
Basic earnings per share (Basic EPS)	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Diluted earnings per share (Diluted EPS)	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
EBITDA	-7.50K	-385.00K	-8.11M	55.78M	236.04M	57.66M	104.75M	140.29M	187.77M	93.48M	80.66M	60.30M	48.19M	55.31M	53.67M	39.68M	13.85M	22.12M	4.43M
EBIT	-43.06K	-420.56K	-8.18M	46.20M	211.56M	27.96M	73.43M	99.34M	158.48M	63.55M	53.19M	28.55M	19.80M	5.85M	8.16M	8.90M	-12.45M	3.01M	-10.84M
Total operating expenses	-43.06K	-420.56K	-8.18M	-236.71M	-791.87M	-698.72M	-875.66M	-1.19B	-1.10B	-1.12B	-787.71M	-362.64M	-327.58M	-325.84M	-271.26M	-239.42M	-434.29M	-174.06M	-398.84M
Prepaid expenses	500.00K	—	—	8.81M	877.98K	4.35M	1.43M	—	—	—	962.26K	922.08K	881.89K	881.89K	—	—	—	—	—
Deferred income, current	—	—	—	—	—	—	—	71.03M	50.09M	30.01M	67.83M	12.51M	4.63M	4.50M	4.27M	9.89M	6.92M	16.44M	28.91M
Capital and operating lease obligations	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Operating lease liabilities	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Deferred tax liabilities	—	—	—	258.32K	3.90M	4.41M	6.82M	6.99M	8.19M	7.27M	8.88M	8.76M	8.55M	8.26M	8.37M	6.70M	5.01M	3.62M	1.30M
Deferred income, non-current	0	0	0	0	0	0	0	0	0	0	—	—	—	—	—	—	—	—	—
Minority interest	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change in accrued expenses	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Common dividends paid	—	—	—	0	0	-28.69M	-14.00M	-28.23M	-28.27M	-29.04M	-21.68K	-8.04K	-402.83K	-302.79K	-551.33K	-568.00K	-578.00K	0	0
Preferred dividends paid	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0

Particulars	2006	2007	2008	2009	2010	2011	2012	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Total revenue	0	0	0	282.91M	1.00B	726.69M	949.09M	1.29B	1.25B	1.18B	840.90M	391.19M	347.38M	331.69M	279.42M	248.31M	421.83M	177.06M	388.00M
Gross profit	-43.06K	-409.49K	—	49.93M	240.69M	58.32M	107.06M	140.81M	207.51M	109.56M	83.84M	57.15M	44.86M	34.33M	26.19M	25.33M	13.25M	18.99M	9.44M
Operating expenses (excl. COGS)	0	-11.08K	-8.11M	-3.73M	-29.13M	-30.35M	-33.63M	-41.47M	-49.03M	-46.01M	-30.65M	-28.60M	-25.06M	-28.49M	-18.03M	-16.43M	-25.70M	-15.98M	-20.28M
Selling/general/admin expenses, total	—	—	-8.06M	-3.51M	-28.69M	-30.07M	-33.07M	-40.84M	-47.99M	-40.59M	-27.19M	-25.77M	-22.56M	-24.74M	-16.63M	-14.97M	-23.14M	-14.90M	-19.39M
Research & development	0	0	0	0	0	0	0	0	0	0	—	—	—	—	—	—	—	—	—
Selling/general/admin expenses, other	—	—	-8.06M	-3.51M	-28.69M	-30.07M	-33.07M	-40.84M	-47.99M	-40.59M	-27.19M	-25.77M	-22.56M	-24.74M	-16.63M	-14.97M	-23.14M	-14.90M	-19.39M
Other operating expenses, total	0	-11.08K	-54.00K	-223.10K	-438.52K	-277.96K	-558.81K	-631.33K	-1.05M	-5.42M	-3.46M	-2.83M	-2.49M	-3.75M	-1.40M	-1.46M	-2.56M	-1.09M	-893.00K
Operating income	-43.06K	-420.56K	-8.18M	46.20M	211.56M	27.96M	73.43M	99.34M	158.48M	63.55M	53.19M	28.55M	19.80M	5.85M	8.16M	8.90M	-12.45M	3.01M	-10.84M
Non-operating income, total	0	2.80K	851.50K	16.18M	-4.09M	-23.54M	-37.62M	-45.80M	-56.64M	-32.51M	-28.72M	-15.75M	-6.75M	1.66M	-4.09M	3.29M	45.59M	-12.04M	10.15M
Interest expense, net of interest capitalized	0	0	-1.94M	-6.72M	-17.56M	-29.01M	-18.29M	-29.09M	-52.99M	-44.40M	-32.85M	-21.57M	-19.41M	-8.58M	-8.17M	-5.37M	-1.91M	-757.00K	0
Interest capitalized	0	0	0	0	0	0	0	0	0	0	0	—	0	0	0	0	0	0	0
Non-operating income, excl. interest expenses	0	2.80K	2.79M	22.92M	13.46M	5.48M	-19.51M	-16.72M	-3.70M	9.29M	4.12M	5.82M	6.51M	9.89M	4.09M	8.66M	47.50M	-11.28M	10.15M
Non-operating interest income	—	2.80K	1.21M	10.37M	9.16M	7.42M	3.23M	7.02M	5.51M	2.81M	1.55M	1.44M	382.37K	156.49K	212.32K	5.64M	5.76M	7.18M	6.54M
Miscellaneous non-operating expense	0	0	1.58M	12.54M	4.30M	-1.95M	-22.74M	-23.73M	-9.21M	6.48M	2.57M	4.38M	6.13M	9.74M	3.87M	3.02M	41.74M	-18.46M	3.62M
Unusual income/expense	—	—	—	-17.92K	11.22K	—	176.72K	—	53.97K	2.60M	—	—	6.15M	347.50K	0	0	0	0	0
Pretax income	-43.06K	-417.76K	-7.33M	62.38M	207.47M	4.43M	35.81M	53.54M	101.84M	31.04M	24.47M	12.81M	13.05M	7.51M	4.07M	12.19M	33.13M	-9.03M	-686.00K
Taxes	14.49K	-14.49K	0	-273.32K	-42.94M	-1.22M	-10.02M	-23.19M	-17.48M	-9.78M	-7.76M	-4.38M	-3.02M	-1.61M	-1.96M	-3.73M	-10.29M	-3.56M	160.00K
Non-controlling/minority interest	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
After tax other income/expense	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net income before discontinued operations	-28.57K	-432.26K	-7.33M	62.11M	164.53M	3.21M	25.79M	30.35M	84.36M	21.26M	16.70M	8.43M	10.04M	5.90M	2.11M	8.46M	22.85M	-12.59M	-526.00K
Net income	-28.57K	-432.26K	-7.33M	62.11M	164.53M	3.21M	25.79M	30.35M	84.36M	21.26M	16.70M	8.43M	10.04M	5.90M	2.11M	8.46M	22.85M	-12.59M	-526.00K
Dilution adjustment	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Preferred dividends	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Diluted net income available to common stockholders	-28.57K	-432.26K	-7.33M	62.11M	164.53M	3.21M	25.79M	30.35M	84.36M	21.26M	16.70M	8.43M	10.04M	5.90M	2.11M	8.46M	22.85M	-12.59M	-526.00K
Basic earnings per share (Basic EPS)	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Diluted earnings per share (Diluted EPS)	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
EBITDA	-7.50K	-385.00K	-8.11M	55.78M	236.04M	57.66M	104.75M	140.29M	187.77M	93.48M	80.66M	60.30M	48.19M	55.31M	53.67M	39.68M	13.85M	22.12M	4.43M
EBIT	-43.06K	-420.56K	-8.18M	46.20M	211.56M	27.96M	73.43M	99.34M	158.48M	63.55M	53.19M	28.55M	19.80M	5.85M	8.16M	8.90M	-12.45M	3.01M	-10.84M
Total operating expenses	-43.06K	-420.56K	-8.18M	-236.71M	-791.87M	-698.72M	-875.66M	-1.19B	-1.10B	-1.12B	-787.71M	-362.64M	-327.58M	-325.84M	-271.26M	-239.42M	-434.29M	-174.06M	-398.84M
Prepaid expenses	500.00K	—	—	8.81M	877.98K	4.35M	1.43M	—	—	—	962.26K	922.08K	881.89K	881.89K	—	—	—	—	—
Deferred income, current	—	—	—	—	—	—	—	71.03M	50.09M	30.01M	67.83M	12.51M	4.63M	4.50M	4.27M	9.89M	6.92M	16.44M	28.91M
Capital and operating lease obligations	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Operating lease liabilities	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Deferred tax liabilities	—	—	—	258.32K	3.90M	4.41M	6.82M	6.99M	8.19M	7.27M	8.88M	8.76M	8.55M	8.26M	8.37M	6.70M	5.01M	3.62M	1.30M
Deferred income, non-current	0	0	0	0	0	0	0	0	0	0	—	—	—	—	—	—	—	—	—
Minority interest	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change in accrued expenses	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Common dividends paid	—	—	—	0	0	-28.69M	-14.00M	-28.23M	-28.27M	-29.04M	-21.68K	-8.04K	-402.83K	-302.79K	-551.33K	-568.00K	-578.00K	0	0
Preferred dividends paid	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0