Surana Solar

Hyderabad, India Founded: 1978 • Age: 48 yrs Listed
Solar powered products are manufactured by Surana Solar.

About Surana Solar

Surana Solar is a publicly listed company based in Hyderabad (India) founded in 1978 by G M Surana. Solar powered products are manufactured by Surana Solar. The company has 33 employees. Its Indian entity Surana Solar Limited reported revenue of β‚Ή27.76 Cr. Its focus areas include Energy, Solar Energy, Solar Products and Multi-Products. Its competitors include Borosil Renewables, Servoteh and Nessa; 1 of its 3 listed competitors has raised funding.

Company details

Surana Solar, led by G M Surana as Founder, specializes in working in the energy sector, developing solar energy systems, solar products, multi-products, and diversified. Manufacturer of solar powered products. The team drives innovation, quality service, and sustainable practices to achieve excellence and client satisfaction.

  • Headquarters Hyderabad, India
  • Employees 33
  • Founders G M Surana
  • Stage Public
  • Sectors
    Energy & Utilities
  • Website suranasolar.com
  • Legal Name Surana Solar Limited
Key Metrics
  • Market Cap
    ₹106 Cr

    SURANASOL · NSE

  • Share Price
    ₹21.53

    0.00% today

  • Revenue
    ₹38.80 Cr

    FY 2024-25

  • EBITDA
    ₹0.44 Cr

    Margin 1.1%

  • Net Profit
    −₹0.13 Cr

    FY 2024-25

  • ROE
    -0.2%

    ROCE 0.1%

  • Employee Count
    33

Board of directors of Surana Solar Limited (Surana Solar)

Surana Solar Limited is the primary company behind Surana Solar. The board of Surana Solar Limited currently have 6 directors; the longest-serving is Mangilal Narender Surana, appointed in 2007. 22 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Mangilal Narender Surana
DIN 00075086
Director05 Oct 200719 yrsSurana Solar Limited
Manish Surana
DIN 00014373
Director28 Jan 201214 yrs 9 moSurana Solar Limited
Sanjana Jain
DIN 08532420
Director29 Sep 20206 yrs 1 moSurana Solar Limited
Krupakar Nadimpally Reddy
DIN 00006580
Director08 Jun 20215 yrs 4 moSurana Solar Limited
Baunakar Nath Shekar
DIN 03371339
Whole-time director02 Aug 20233 yrs 2 moSurana Solar Limited
Sanjay Kumar Sanghi
DIN 02770190
Director25 Jun 20242 yrs 4 moSurana Solar Limited

People of Surana Solar

1 people are tracked at Surana Solar (1 in leadership); the tracked headcount is 33.

NameRoleGroup
G M Surana
FounderLeadership
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IPO & Listings of Surana Solar

Surana Solar is a publicly listed company on the NSE with ticker symbol SURANASOL in India, operating in the Electronic technology sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

  • IPO date07 Jan 2011
  • Listed onNSE: SURANASOL
  • Listed entitySurana Solar Limited
  • Exchange sectorElectronic technology
  • ISININE272L01022
  • Share price₹23.60 (+0.13% on the day) · 2026-10-14
  • Market capitalisation₹117 Cr
  • Price to earnings18.1
  • EPS (diluted, trailing year)₹1.30
  • Volume (last session)109,300

Financials of Surana Solar

Exchange-reported figures of Surana Solar Limited, the listed company behind Surana Solar (NSE: SURANASOL).

Financial Highlights

FY 2024-25 Β· Consolidated
Revenue
₹38.80 Cr
-59.1% YoY
EBITDA
₹0.44 Cr
-95.1% YoY
Profit After Tax
−₹0.13 Cr
-103.7% YoY
Net Worth
₹56.11 Cr
+32.9% YoY
Total Assets
₹56.11 Cr
-21.7% YoY
Total Debt
Nil

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2024-25FY 2012-13
Income statement
Revenue38.8094.91
EBITDA0.449.05
EBITDA margin+1.1%+9.5%
Profit before tax(0.08)3.59
Net profit(0.13)3.52
Net profit margin-0.3%+3.7%
EPS (β‚Ή)(0.01)0.88
Balance sheet
Total assets56.1171.64
Net worth56.1142.21
Total debt0.0029.43
Cash & bank1.895.12
Net working capital24.9521.63
Cash flow
Cash from operations1.5117.60
Cash from investing4.80(14.20)
Cash from financing(5.72)(0.31)
ParticularsJun 2025Mar 2025
Revenue2.092.52
Other income2.370.42
EBITDA(1.80)(1.10)
EBITDA margin-86.1%-43.7%
Depreciation0.310.36
Interest0.040.05
Profit before tax0.22(1.09)
Tax0.08(0.27)
Net profit0.14(0.82)
EPS (β‚Ή)0.03(0.17)
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue20.8338.8017.7142.1824.8327.9433.17
Revenue growth-46.3%+119.1%-58.0%+69.9%-11.1%-15.8%-
EBITDA(3.14)0.55(0.07)1.343.965.375.57
EBITDA margin-15.1%+1.4%-0.4%+3.2%+16.0%+19.2%+16.8%
Profit before tax1.560.03(0.90)3.301.210.410.77
Net profit(1.07)(0.23)1.52(0.25)0.830.21(0.12)
Net profit margin-5.1%-0.6%+8.6%-0.6%+3.3%+0.8%-0.4%
EPS (β‚Ή)0.250.01(0.26)0.460.170.040.12
Balance sheet
Total assets57.4756.2356.1757.4365.5361.6460.59
Net worth57.4656.2256.1657.4255.1454.2954.08
Total debt0.000.000.000.0010.387.356.50
Cash & bank1.891.800.360.180.551.120.34
Net working capital16.5024.9724.6122.4931.0431.0530.66
Cash flow
Cash from operations5.311.510.119.92(8.16)5.9110.80
Cash from investing(7.97)4.70(0.01)0.295.16(5.10)3.76
Cash from financing2.74(5.72)0.06(10.09)2.95(0.79)(16.81)
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue10.2317.1513.612.562.582.092.5210.64
Revenue growth (YoY)+296.5%+720.6%+440.1%-75.9%-81.9%-81.6%--
Other income0.546.360.710.183.672.370.420.18
Total expenses9.1916.5813.531.794.923.743.5210.33
EBITDA1.040.570.080.77(2.34)(1.65)(1.00)0.31
EBITDA margin+10.2%+3.3%+0.6%+30.1%-90.7%-78.9%-39.7%+2.9%
Depreciation0.540.550.560.580.550.310.360.26
Interest0.000.010.060.070.060.040.050.01
Profit before tax1.046.370.170.300.720.37(0.99)0.22
Tax0.280.93(0.02)0.070.190.08(0.27)0.05

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 30 Oct 2026
ParticularsJun 2025Mar 2025
Revenue2.092.52
Other income2.370.42
EBITDA(1.80)(1.10)
EBITDA margin-86.1%-43.7%
Depreciation0.310.36
Interest0.040.05
Profit before tax0.22(1.09)
Tax0.08(0.27)
Net profit0.14(0.82)
EPS (β‚Ή)0.03(0.17)
ParticularsFY 2024-25FY 2012-13
Revenue38.8094.91
Other income1.180.65
Total expenses38.3685.86
Employee cost0.953.01
EBITDA0.449.05
EBITDA margin+1.1%+9.5%
Depreciation1.533.13
Interest0.172.98
Profit before tax(0.08)3.59
Tax(0.01)1.00
Net profit(0.13)3.52
Net profit margin-0.3%+3.7%
EPS (β‚Ή)(0.01)0.88
ParticularsFY 2024-25FY 2012-13
Equity & liabilities
Share capital24.6024.60
Reserves & surplus31.5117.61
Shareholders' funds (net worth)56.1142.21
Minority interest0.000.00
Secured loans0.0018.99
Unsecured loans0.0010.44
Total debt0.0029.43
Total liabilities56.1171.64
Assets
Gross block36.2140.68
Net block10.4032.43
Capital work in progress1.2416.84
Investments4.960.02
Inventories15.7430.07
Sundry debtors0.499.45
Cash & bank balances1.895.12
Loans & advances10.314.81
Total current assets28.4349.45
Total current liabilities3.4827.82
Net working capital24.9521.63
Total assets56.1171.64
ParticularsFY 2024-25FY 2012-13
Opening cash0.292.03
Net cash from operating activities1.5117.60
Net cash from investing activities4.80(14.20)
Net cash from financing activities(5.72)(0.31)
Net change in cash0.593.09
Closing cash1.895.12
ParticularsFY 2024-25FY 2012-13
Growth
PBT growth-+9997.0%
Profitability & leverage
Net income margin-0.2%+2.7%
Return on capital employed+0.1%+10.9%
Return on net worth-0.2%+8.3%
Debt / equity0.000.70
Long-term debt / equity0.000.42
Interest cover-15.6050.34
Efficiency & per share
Fixed asset turnover1.072.33
Inventory turnover2.473.16
Debtors turnover79.1810.04
EPS (β‚Ή)(0.01)0.88
Dividend per share (β‚Ή)0.001.00
Book value per share (β‚Ή)11.4017.16
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue10.2317.1513.612.562.582.092.5210.64
Revenue growth (YoY)+296.5%+720.6%+440.1%-75.9%-81.9%-81.6%--
Other income0.546.360.710.183.672.370.420.18
Total expenses9.1916.5813.531.794.923.743.5210.33
EBITDA1.040.570.080.77(2.34)(1.65)(1.00)0.31
EBITDA margin+10.2%+3.3%+0.6%+30.1%-90.7%-78.9%-39.7%+2.9%
Depreciation0.540.550.560.580.550.310.360.26
Interest0.000.010.060.070.060.040.050.01
Profit before tax1.046.370.170.300.720.37(0.99)0.22
Tax0.280.93(0.02)0.070.190.08(0.27)0.05
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue20.8338.8017.7142.1824.8327.9433.17
Revenue growth-46.3%+119.1%-58.0%+69.9%-11.1%-15.8%-
Other income6.931.181.164.780.870.411.01
Total expenses23.9738.2517.7840.8420.8722.5727.60
Employee cost1.800.950.930.910.430.490.81
EBITDA(3.14)0.55(0.07)1.343.965.375.57
EBITDA margin-15.1%+1.4%-0.4%+3.2%+16.0%+19.2%+16.8%
Depreciation2.001.531.912.633.084.554.95
Interest0.230.170.080.190.540.820.86
Profit before tax1.560.03(0.90)3.301.210.410.77
Tax0.32(0.01)0.361.030.370.200.16
Net profit(1.07)(0.23)1.52(0.25)0.830.21(0.12)
Net profit margin-5.1%-0.6%+8.6%-0.6%+3.3%+0.8%-0.4%
EPS (β‚Ή)0.250.01(0.26)0.460.170.040.12
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital24.6024.6024.6024.6024.6024.6024.60
Reserves & surplus32.8631.6231.5632.8230.5429.6929.48
Shareholders' funds (net worth)57.4656.2256.1657.4255.1454.2954.08
Secured loans0.000.000.000.0010.387.356.50
Unsecured loans0.000.000.000.000.000.000.00
Total debt0.000.000.000.0010.387.356.50
Total liabilities57.4756.2356.1757.4365.5361.6460.59
Assets
Gross block47.6236.2142.3651.8058.4158.2457.97
Net block24.5410.4013.8519.6523.6226.4030.69
Capital work in progress0.001.240.000.000.000.000.00
Investments4.895.068.045.620.054.850.00
Inventories18.1815.7418.0713.2120.708.4112.39
Sundry debtors0.550.490.220.343.558.157.12
Cash & bank balances1.891.800.360.180.551.120.34
Loans & advances5.6210.428.3010.278.5514.8713.77
Total current assets26.2428.4526.9524.0033.3532.5533.62
Total current liabilities9.743.482.341.512.311.502.96
Net working capital16.5024.9724.6122.4931.0431.0530.66
Total assets57.4756.2356.1757.4365.5361.6460.59
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash0.780.290.120.010.060.032.29
Net cash from operating activities5.311.510.119.92(8.16)5.9110.80
Net cash from investing activities(7.97)4.70(0.01)0.295.16(5.10)3.76
Net cash from financing activities2.74(5.72)0.06(10.09)2.95(0.79)(16.81)
Net change in cash0.080.490.170.12(0.05)0.03(2.25)
Closing cash1.891.800.360.180.551.120.34
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth-46.3%+119.1%-58.0%+69.9%-11.1%-15.8%-
EBITDA growth-670.9%+885.7%-105.2%-66.2%-26.3%-3.6%-
PBT growth+5100.0%+9998.0%-+172.7%+195.1%-46.8%-41.7%
Net income growth-365.2%-115.1%+708.0%-130.1%+295.2%+275.0%-
Revenue CAGR (3Y)-21.0%+16.0%-14.1%+8.3%-10.6%-10.6%-26.7%
EBITDA CAGR (3Y)--48.2%--37.8%-6.4%-3.8%-11.6%
Profitability & leverage
Net income margin+6.0%+0.1%-7.1%+5.4%+3.4%+0.8%+1.8%
Return on capital employed-0.4%+0.3%+2.6%-0.4%+2.8%+2.0%+1.0%
Return on net worth-1.9%-0.4%+2.7%-0.4%+1.6%+0.4%-0.3%
Debt / equity0.000.000.000.090.160.130.27
Long-term debt / equity0.000.000.000.000.000.000.00
Interest cover-4.47-17.35-4.04-14.7361.36100.00138.71
Efficiency & per share
Fixed asset turnover0.500.990.380.770.450.500.65
Inventory turnover1.232.301.132.491.802.811.73
Debtors turnover40.06109.3063.2521.694.483.838.14
EPS (β‚Ή)0.250.01(0.26)0.460.170.040.12
Dividend per share (β‚Ή)0.000.000.000.000.000.000.00
Book value per share (β‚Ή)11.6811.4311.4111.6711.2111.0310.99

Competitors of Surana Solar

Surana Solar has 3 listed competitors in our database, 1 of them funded. They include Borosil Renewables, Servoteh and Nessa.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
borosilrenewables.com1962Mumbai, India762
Solar glass is manufactured by Borosil Renewables for photovoltaic applications.
servotech.in2004Delhi, India178
Manufacturer of EV chargers, solar inverters, solar panels, batteries, servo stabilizers, UPS, and LEDs
nessa.in2008Ahmedabad, India$95,27784
Offers solar consumer goods
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Web traffic of Surana Solar

The website of Surana Solar (suranasolar.com) receives about 1.7K visits a month.

  • Monthly visits
    1.7K

    ▼ 4% vs previous month

Top companies in Renewable & Sustainable Energy

3 companies that operate in the same segment as Surana Solar (Renewable & Sustainable Energy) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Hybrid renewable energy solutions are provided for rural communities.
2008Patna, Bihar, IndiaUSD 73.99 MUSD 3.46 M294
Solar energy projects are developed for commercial and industrial clients.
2011Mumbai, Maharashtra, IndiaUSD 442.67 MUSD 166.51 M365
Manufacturer of solar PV modules
1990Mumbai, Maharashtra, IndiaUSD 111.38 MUSD 2.77 B8,690
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Related news about Surana Solar

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Frequently Asked Questions about Surana Solar

Surana Solar was founded in 1978.

Surana Solar is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.

Surana Solar has 33 employees.

The primary company behind Surana Solar, Surana Solar Limited, reported revenue of β‚Ή27.76 Cr for FY 2026, down 46% year on year.

Surana Solar, led by G M Surana as Founder, specializes in working in the energy sector, developing solar energy systems, solar products, multi-products, and diversified. Manufacturer of solar powered products. The team drives innovation, quality service, and sustainable practices to achieve excellence and client satisfaction.

Surana Solar's top competitors include Servoteh, Borosil Renewables and Nessa.

Yes, Surana Solar is publicly traded on NSE under the ticker symbol SURANASOL.

Surana Solar operates through Surana Solar Limited.

The legal entities of Surana Solar currently have 7 directors, including Mangilal Narender Surana, Manish Surana, Sanjana Jain and others.

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