Surana Ventures

Hyderabad, India Founded: 1978 • Age: 48 yrs Listed
EPC company, that Manufactures Exports Solar PV Modules,

About Surana Ventures

Surana Ventures is a publicly listed company based in Hyderabad (India) founded in 1978. EPC company, that Manufactures Exports Solar PV Modules,. The company has 48 employees. Its chief executive, as recorded, is G M Suran. Its Indian entity Surana Solar Limited reported revenue of β‚Ή27.76 Cr. Its focus areas include Energy, Solar Energy, Hardware Developer and Generation Equipment. Similar companies include Goldi Solar, Su-Kam Power Systems and Emmvee; 1 of its 3 listed similar companies has raised funding.

Company details

Surana Solar Ltd. formerly known as Surana Ventures is a part of Surana Group. Surana Group is diversified in solar wind power, telecommunications, metal processing and infrastructure.The company focuses on Solar PV modules manufacturing and has a production capacity of 40 MWAnnum. The company is in a process of setting up a chain of about 200 outlets in the country to offer solar-power-based installations on a turnkey basis,also a new manufacturing unit is being installed in Fab City, Hyderabad. As of Aug 2014 the company was planning to raise around Rs 300 crore to part fund its expansion plans, including a 50 MW solar power project.

Key Metrics
  • Market Cap
    ₹104 Cr

    SURANASOL · NSE

  • Share Price
    ₹21.58

    +2.27% 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
    48

Board of directors of Surana Solar Limited (Surana Ventures)

Surana Solar Limited is the primary company behind Surana Ventures. 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 3 moSurana Solar Limited
Sanjay Kumar Sanghi
DIN 02770190
Director25 Jun 20242 yrs 4 moSurana Solar Limited

People of Surana Ventures

1 people are tracked at Surana Ventures (1 in leadership); the tracked headcount is 48.

NameRoleGroup
G M Suran
Chairman & CEOLeadership
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IPO & Listings of Surana Ventures

Surana Ventures 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 · BSE: 533298
  • Listed entitySurana Solar Limited
  • Exchange sectorElectronic technology

Financials of Surana Ventures

Exchange-reported figures of Surana Solar Limited, the listed company behind Surana Ventures (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 04 Nov 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

Similar companies to Surana Ventures

Surana Ventures has 3 listed similar companies in our database, 1 of them funded. They include Goldi Solar, Su-Kam Power Systems and Emmvee.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
goldisolar.com2011Surat, India$230.96M1,583
Manufacturer of solar PV modules
su-kam.com1988Gurugram, India288
Solar panels and power storage products are manufactured.
emmvee.com1992Bengaluru, India530
Manufactures solar panels, water heaters, and turnkey solutions for renewable energy.
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Web traffic of Surana Ventures

Websites that share an audience with Surana Ventures (suranaventures.com).

Similar websites

Websites whose visitors overlap most with Surana Ventures. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
sunpowercorp.com.au
sunpowercorp.com.au
100%
–
surana.com
30%
1.5K#10,381,275View details

Top companies in Renewable & Sustainable Energy

3 companies that operate in the same segment as Surana Ventures (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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Frequently Asked Questions about Surana Ventures

Surana Ventures was founded in 1978.

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

G M Suran is the CEO of Surana Ventures, as recorded in our data.

Surana Ventures has 48 employees.

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

Surana Solar Ltd. formerly known as Surana Ventures is a part of Surana Group. Surana Group is diversified in solar wind power, telecommunications, metal processing and infrastructure.The company focuses on Solar PV modules manufacturing and has a production capacity of 40 MWAnnum. The company is in a process of setting up a chain of about 200 outlets in the country to offer solar-power-based installations on a turnkey basis,also a new manufacturing unit is being installed in Fab City, Hyderabad. As of Aug 2014 the company was planning to raise around Rs 300 crore to part fund its expansion plans, including a 50 MW solar power project.

Surana Ventures's top competitors include Goldi Solar, Su-Kam Power Systems and Emmvee.

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

Surana Ventures operates through Surana Solar Limited.

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

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