
About Suraj Products Limited
Data last updated:
Suraj Products Limited is a public limited company based in Sundargarh, Odisha, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 26 July 1991 and has been in existence for over 35 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN L26942OR1991PLC002865. Its GSTIN is 21AAGCS1344G1ZT (Odisha). It is a listed company as per MCA records. Its shares are listed on BSE: 518075.
The company has an authorised share capital of ₹12 Cr and a paid-up capital of ₹11.4 Cr. It was formerly known as Champion Cement Industries Pvt Ltd and Champion Cement Industries Ltd. It is led by directors including Yogesh Dalmia Kumar (Managing Director) and Gagan Goyal (Whole-Time Director).
Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Barapalipo Kesarmal Rajgang Pur, Sundargarh, Odisha, India – 770017.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹303.79 Cr. For the same year it recorded a net profit of ₹18.71 Cr (net margin 6.2%) and EBITDA of ₹31.14 Cr (EBITDA margin 10.3%). The net worth stands at ₹165.94 Cr. Total assets are valued at ₹172.63 Cr.
The company has about 495 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Suraj Products. As per MCA filings, the company has open charges of ₹52.45 Cr and satisfied charges of ₹13.28 Cr on record. Court records list 22 cases involving the company, including 14 filed by the company and 8 filed against it; 6 cases are pending. The company has 11 deals on record (11 market trades); the latest was in August 2023. Its 7 peer companies in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products) are compared by revenue, 4 larger and 3 smaller; the largest is Jai Bhole Steel Tubes Private Limited with revenue of ₹333.28 Cr. The company has 2 MSME Form 1 returns on record for the period ending Sep 2019, listing 2 overdue payments to 1 micro and small supplier.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website surajproducts.com.
Company details
Name history
Suraj Products has undergone 3 name changes throughout its history. The company was previously known as Champion Cement Industries Pvt Ltd, Champion Cement Industries Ltd, and Champion Cement Pvt Ltd. The current legal name is Suraj Products Limited.
| Company Name | Status |
|---|---|
| Suraj Products Limited | Current |
| Champion Cement Industries Pvt Ltd | Previous |
| Champion Cement Industries Ltd | Previous |
| Champion Cement Pvt Ltd | Previous |
CIN history
Suraj Products has one previous CIN (Corporate Identification Number): U26942OR2006PTC002865. The current CIN is L26942OR1991PLC002865, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L26942OR1991PLC002865 | Current |
| U26942OR2006PTC002865 | Previous |
Contact details
Suraj Products Limited's registered office is in Sundargarh, Odisha. Its website is surajproducts.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressBarapalipo Kesarmal Rajgang Pur, Sundargarh, Odisha, India – 770017
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Suraj Products Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Suraj Products operates one associated brand: Suraj Products. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Pig iron and sponge iron are manufactured by Suraj Products. | surajproducts.com |
Business activity
The main business activity of Suraj Products is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Suraj Products Limited, buy the company report.
Financials of Suraj Products Limited
FY 2025-26 filings availableSuraj Products Limited reported revenue of ₹303.79 Cr for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedFinancial summary ₹ Cr
| Metrics | FY 2025-26 |
|---|---|
| Income statement | |
| Revenue | 304 |
| EBITDA | 31.14 |
| EBITDA margin | +10.3% |
| Profit before tax | 24.16 |
| Net profit | 18.71 |
| Net profit margin | +6.2% |
| EPS (₹) | 16.42 |
| Balance sheet | |
| Total assets | 173 |
| Net worth | 166 |
| Total debt | 6.69 |
| Cash & bank | 23.69 |
| Net working capital | 83.54 |
| Cash flow | |
| Cash from operations | 39.51 |
| Cash from investing | (28.18) |
| Cash from financing | (17.84) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 |
|---|---|---|---|---|---|
| Revenue | 87.70 | 98.90 | 65.50 | 58.69 | 80.70 |
| Revenue growth (YoY) | +8.7% | - | - | - | - |
| Other income | 0.50 | 0.49 | 0.25 | 0.26 | 0.10 |
| EBITDA | 9.45 | 11.49 | 6.53 | 5.85 | 7.28 |
| EBITDA margin | +10.8% | +11.6% | +10.0% | +10.0% | +9.0% |
| Depreciation | 1.58 | 1.85 | 1.76 | 1.76 | 1.72 |
| Interest | 0.12 | 0.15 | 0.18 | 0.28 | 0.38 |
| Profit before tax | 8.25 | 9.98 | 4.84 | 4.07 | 5.28 |
| Tax | 1.61 | 3.07 | 0.80 | 0.88 | 0.69 |
| Net profit | 6.64 | 6.91 | 4.04 | 3.19 | 4.59 |
| EPS (₹) | 5.83 | 6.04 | 3.54 | 2.81 | 0.00 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 304 | 326 | 345 | 285 | 237 | 218 | 118 |
| Revenue growth | -6.9% | -5.3% | +21.0% | +20.3% | +8.8% | +84.5% | - |
| EBITDA | 31.15 | 37.19 | 50.86 | 48.35 | 43.63 | 30.80 | 16.56 |
| EBITDA margin | +10.3% | +11.4% | +14.8% | +17.0% | +18.4% | +14.2% | +14.0% |
| Profit before tax | 24.30 | 27.63 | 39.20 | 35.72 | 30.86 | 14.52 | 3.80 |
| Net profit | 18.85 | 21.41 | 28.93 | 26.01 | 23.58 | 9.15 | 5.32 |
| Net profit margin | +6.2% | +6.6% | +8.4% | +9.1% | +10.0% | +4.2% | +4.5% |
| EPS (₹) | 16.53 | 18.80 | 25.38 | 22.81 | 20.68 | 8.04 | 4.74 |
| Balance sheet | |||||||
| Total assets | 173 | 171 | 172 | 158 | 140 | 121 | 133 |
| Net worth | 166 | 150 | 130 | 103 | 78.29 | 54.83 | 45.53 |
| Total debt | 6.69 | 21.13 | 41.17 | 53.72 | 61.39 | 65.56 | 86.51 |
| Cash & bank | 21.20 | 17.03 | 14.74 | 1.64 | 1.02 | 4.11 | 1.70 |
| Net working capital | 83.54 | 91.40 | 89.14 | 66.15 | 59.99 | 40.77 | 43.65 |
| Cash flow | |||||||
| Cash from operations | 39.51 | 29.86 | 31.48 | 32.69 | 12.74 | 32.82 | (0.26) |
| Cash from investing | (30.32) | (4.56) | (1.06) | (19.12) | (7.07) | (2.29) | (16.36) |
| Cash from financing | (18.19) | (24.38) | (17.62) | (12.96) | (8.76) | (28.12) | 16.35 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 87.70 | 98.90 | 65.50 | 58.69 | 80.70 | 90.84 | 67.22 | 75.68 |
| Revenue growth (YoY) | +8.7% | +8.9% | -2.6% | -22.5% | -12.9% | - | - | - |
| Other income | 0.58 | 0.61 | 0.25 | 0.26 | 0.10 | 0.33 | 0.06 | 0.08 |
| Total expenses | 78.24 | 87.41 | 58.97 | 52.84 | 73.42 | 82.44 | 59.88 | 65.13 |
| EBITDA | 9.46 | 11.49 | 6.53 | 5.85 | 7.28 | 8.40 | 7.34 | 10.55 |
| EBITDA margin | +10.8% | +11.6% | +10.0% | +10.0% | +9.0% | +9.2% | +10.9% | +13.9% |
| Depreciation | 1.58 | 1.85 | 1.76 | 1.76 | 1.72 | 1.94 | 1.99 | 1.99 |
| Interest | 0.12 | 0.15 | 0.18 | 0.28 | 0.38 | 0.47 | 0.53 | 0.66 |
| Profit before tax | 8.34 | 10.10 | 4.84 | 4.07 | 5.28 | 6.32 | 4.88 | 7.98 |
| Tax | 1.61 | 3.07 | 0.80 | 0.88 | 0.69 | 2.07 | 0.90 | 1.49 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 |
|---|---|---|---|---|---|
| Revenue | 87.70 | 98.90 | 65.50 | 58.69 | 80.70 |
| Revenue growth (YoY) | +8.7% | - | - | - | - |
| Other income | 0.50 | 0.49 | 0.25 | 0.26 | 0.10 |
| EBITDA | 9.45 | 11.49 | 6.53 | 5.85 | 7.28 |
| EBITDA margin | +10.8% | +11.6% | +10.0% | +10.0% | +9.0% |
| Depreciation | 1.58 | 1.85 | 1.76 | 1.76 | 1.72 |
| Interest | 0.12 | 0.15 | 0.18 | 0.28 | 0.38 |
| Profit before tax | 8.25 | 9.98 | 4.84 | 4.07 | 5.28 |
| Tax | 1.61 | 3.07 | 0.80 | 0.88 | 0.69 |
| Net profit | 6.64 | 6.91 | 4.04 | 3.19 | 4.59 |
| EPS (₹) | 5.83 | 6.04 | 3.54 | 2.81 | 0.00 |
| Particulars | FY 2025-26 |
|---|---|
| Revenue | 304 |
| Other income | 1.09 |
| Total expenses | 273 |
| Employee cost | 19.48 |
| EBITDA | 31.14 |
| EBITDA margin | +10.3% |
| Depreciation | 7.08 |
| Interest | 0.99 |
| Profit before tax | 24.16 |
| Tax | 5.45 |
| Net profit | 18.71 |
| Net profit margin | +6.2% |
| EPS (₹) | 16.42 |
| Particulars | FY 2025-26 |
|---|---|
| Equity & liabilities | |
| Share capital | 11.40 |
| Reserves & surplus | 155 |
| Shareholders' funds (net worth) | 166 |
| Minority interest | 0.00 |
| Secured loans | 5.53 |
| Unsecured loans | 1.16 |
| Total debt | 6.69 |
| Total liabilities | 173 |
| Assets | |
| Gross block | 162 |
| Net block | 64.58 |
| Capital work in progress | 1.54 |
| Investments | 15.04 |
| Inventories | 45.88 |
| Sundry debtors | 10.67 |
| Cash & bank balances | 23.69 |
| Loans & advances | 13.02 |
| Total current assets | 93.26 |
| Total current liabilities | 9.72 |
| Net working capital | 83.54 |
| Total assets | 173 |
| Particulars | FY 2025-26 |
|---|---|
| Opening cash | 14.49 |
| Net cash from operating activities | 39.51 |
| Net cash from investing activities | (28.18) |
| Net cash from financing activities | (17.84) |
| Net change in cash | (6.51) |
| Closing cash | 23.69 |
| Particulars | FY 2025-26 |
|---|---|
| Growth | |
| PBT growth | +9997.0% |
| Profitability & leverage | |
| Net income margin | +6.2% |
| Return on capital employed | +14.6% |
| Return on net worth | +11.3% |
| Debt / equity | 0.04 |
| Long-term debt / equity | 0.02 |
| Interest cover | 4.11 |
| Efficiency & per share | |
| Fixed asset turnover | 1.87 |
| Inventory turnover | 6.62 |
| Debtors turnover | 28.47 |
| EPS (₹) | 16.42 |
| Dividend per share (₹) | 2.25 |
| Book value per share (₹) | 145.56 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 87.70 | 98.90 | 65.50 | 58.69 | 80.70 | 90.84 | 67.22 | 75.68 |
| Revenue growth (YoY) | +8.7% | +8.9% | -2.6% | -22.5% | -12.9% | - | - | - |
| Other income | 0.58 | 0.61 | 0.25 | 0.26 | 0.10 | 0.33 | 0.06 | 0.08 |
| Total expenses | 78.24 | 87.41 | 58.97 | 52.84 | 73.42 | 82.44 | 59.88 | 65.13 |
| EBITDA | 9.46 | 11.49 | 6.53 | 5.85 | 7.28 | 8.40 | 7.34 | 10.55 |
| EBITDA margin | +10.8% | +11.6% | +10.0% | +10.0% | +9.0% | +9.2% | +10.9% | +13.9% |
| Depreciation | 1.58 | 1.85 | 1.76 | 1.76 | 1.72 | 1.94 | 1.99 | 1.99 |
| Interest | 0.12 | 0.15 | 0.18 | 0.28 | 0.38 | 0.47 | 0.53 | 0.66 |
| Profit before tax | 8.34 | 10.10 | 4.84 | 4.07 | 5.28 | 6.32 | 4.88 | 7.98 |
| Tax | 1.61 | 3.07 | 0.80 | 0.88 | 0.69 | 2.07 | 0.90 | 1.49 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 304 | 326 | 345 | 285 | 237 | 218 | 118 |
| Revenue growth | -6.9% | -5.3% | +21.0% | +20.3% | +8.8% | +84.5% | - |
| Other income | 1.22 | 0.53 | 0.77 | 0.33 | 0.29 | 0.21 | 0.25 |
| Total expenses | 273 | 289 | 294 | 237 | 193 | 187 | 101 |
| Employee cost | 19.48 | 17.76 | 15.80 | 11.53 | 11.13 | 9.58 | 5.73 |
| EBITDA | 31.15 | 37.19 | 50.86 | 48.35 | 43.63 | 30.80 | 16.56 |
| EBITDA margin | +10.3% | +11.4% | +14.8% | +17.0% | +18.4% | +14.2% | +14.0% |
| Depreciation | 7.08 | 7.83 | 8.95 | 8.94 | 8.58 | 9.43 | 6.74 |
| Interest | 0.99 | 2.26 | 3.48 | 4.02 | 4.48 | 7.06 | 6.27 |
| Profit before tax | 24.30 | 27.63 | 39.20 | 35.72 | 30.86 | 14.52 | 3.80 |
| Tax | 5.45 | 6.18 | 10.27 | 9.71 | 7.28 | 5.35 | (1.59) |
| Net profit | 18.85 | 21.41 | 28.93 | 26.01 | 23.58 | 9.15 | 5.32 |
| Net profit margin | +6.2% | +6.6% | +8.4% | +9.1% | +10.0% | +4.2% | +4.5% |
| EPS (₹) | 16.53 | 18.80 | 25.38 | 22.81 | 20.68 | 8.04 | 4.74 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 11.40 | 11.40 | 11.40 | 11.40 | 11.40 | 11.40 | 11.40 |
| Reserves & surplus | 155 | 138 | 119 | 91.74 | 66.89 | 43.43 | 34.13 |
| Shareholders' funds (net worth) | 166 | 150 | 130 | 103 | 78.29 | 54.83 | 45.53 |
| Secured loans | 5.53 | 20.10 | 40.19 | 43.05 | 44.56 | 47.78 | 56.45 |
| Unsecured loans | 1.16 | 1.03 | 0.98 | 10.67 | 16.83 | 17.78 | 30.06 |
| Total debt | 6.69 | 21.13 | 41.17 | 53.72 | 61.39 | 65.56 | 86.51 |
| Total liabilities | 173 | 171 | 172 | 158 | 140 | 121 | 133 |
| Assets | |||||||
| Gross block | 162 | 159 | 158 | 158 | 139 | 131 | 129 |
| Net block | 64.58 | 68.97 | 75.17 | 83.81 | 73.64 | 75.15 | 82.27 |
| Capital work in progress | 1.22 | 3.06 | 1.11 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 15.39 | 0.35 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Inventories | 45.88 | 42.81 | 47.87 | 34.25 | 50.74 | 32.85 | 47.25 |
| Sundry debtors | 10.67 | 14.11 | 7.95 | 12.03 | 6.34 | 7.45 | 6.16 |
| Cash & bank balances | 21.20 | 17.03 | 14.74 | 1.64 | 1.02 | 4.11 | 1.70 |
| Loans & advances | 15.50 | 24.95 | 27.82 | 28.06 | 5.79 | 4.94 | 5.13 |
| Total current assets | 93.25 | 98.90 | 98.38 | 75.98 | 63.89 | 49.35 | 60.24 |
| Total current liabilities | 9.71 | 7.50 | 9.24 | 9.83 | 3.90 | 8.58 | 16.59 |
| Net working capital | 83.54 | 91.40 | 89.14 | 66.15 | 59.99 | 40.77 | 43.65 |
| Total assets | 173 | 171 | 172 | 158 | 140 | 121 | 133 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 14.49 | 13.57 | 0.77 | 1.02 | 4.11 | 1.70 | 1.97 |
| Net cash from operating activities | 39.51 | 29.86 | 31.48 | 32.69 | 12.74 | 32.82 | (0.26) |
| Net cash from investing activities | (30.32) | (4.56) | (1.06) | (19.12) | (7.07) | (2.29) | (16.36) |
| Net cash from financing activities | (18.19) | (24.38) | (17.62) | (12.96) | (8.76) | (28.12) | 16.35 |
| Net change in cash | (9.00) | 0.92 | 12.80 | 0.62 | (3.09) | 2.41 | (0.27) |
| Closing cash | 21.20 | 17.03 | 14.74 | 1.64 | 1.02 | 4.11 | 1.70 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -6.9% | -5.3% | +21.0% | +20.3% | +8.8% | +84.5% | - |
| EBITDA growth | -16.2% | -26.9% | +5.2% | +10.8% | +41.7% | +86.0% | - |
| PBT growth | -12.1% | -29.5% | +9.7% | +15.8% | +112.5% | +282.1% | -40.4% |
| Net income growth | -12.0% | -26.0% | +11.2% | +10.3% | +157.7% | +72.0% | - |
| Revenue CAGR (3Y) | +2.2% | +11.3% | +16.6% | +34.2% | +26.7% | +46.1% | +25.4% |
| EBITDA CAGR (3Y) | -13.6% | -5.2% | +18.2% | +42.9% | +44.9% | +38.8% | +46.8% |
| Profitability & leverage | |||||||
| Net income margin | +6.2% | +6.6% | +8.4% | +9.1% | +10.0% | +4.2% | +4.6% |
| Return on capital employed | +14.7% | +17.4% | +25.9% | +26.7% | +27.1% | +17.0% | +8.5% |
| Return on net worth | +12.0% | +15.3% | +24.8% | +28.7% | +35.4% | +18.3% | +12.6% |
| Debt / equity | 0.09 | 0.22 | 0.41 | 0.63 | 0.95 | 1.52 | 1.76 |
| Long-term debt / equity | 0.03 | 0.06 | 0.15 | 0.30 | 0.54 | 0.95 | 1.13 |
| Interest cover | 4.11 | 7.70 | 8.30 | 10.20 | 12.78 | 33.04 | 63.85 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 1.89 | 2.06 | 2.18 | 1.92 | 1.75 | 1.67 | 1.04 |
| Inventory turnover | 6.85 | 7.20 | 8.39 | 6.71 | 5.67 | 5.44 | 3.23 |
| Debtors turnover | 24.52 | 29.59 | 34.50 | 31.03 | 34.35 | 31.99 | 26.63 |
| EPS (₹) | 16.53 | 18.80 | 25.38 | 22.81 | 20.68 | 8.04 | 4.74 |
| Dividend per share (₹) | 2.25 | 2.10 | 2.00 | 1.50 | 1.10 | 0.00 | 0.00 |
| Book value per share (₹) | 145.59 | 131.16 | 114.37 | 90.47 | 68.67 | 48.10 | 39.94 |
To see the full year-wise statements and ratios of Suraj Products Limited, buy the company report.
Board of directors of Suraj Products Limited
Suraj Products has 6 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Neha Singhania Kedia Also directs: Balaji Management Services Pvt Ltd | Director | 14 Feb 2017 | 9 Years 8 Months | Current |
| Yogesh Dalmia Kumar Also directs: Zilaida Complex LLP, Balbhadra Infratech Private Limited, Kedarnath Mining Private Limited and 5 more | Managing Director | 26 Jul 1991 | 35 Years 3 Months | Current |
| Gagan Goyal | Whole-Time Director | 01 Aug 2006 | 20 Years 2 Months | Current |
| Sunita Dalmia Also directs: Balbhadra Infratech Private Limited, Kedarnath Mining Private Limited, Brex Technology Private Limited and 5 more | Director | 19 Jun 2000 | 26 Years 4 Months | Current |
| Chandra Kant Bhartia Also directs: Jagdamba Polymers Limited, Utkal Polymer Ltd, Monsoon Trade-Link Private Limited. and 2 more | Director | 06 Aug 2016 | 10 Years 2 Months | Current |
| Bhagiratha Mishra Also directs: Altafuel Technologies Private Limited | Director | 27 Mar 2023 | 3 Years 6 Months | Current |
Peer comparison
Suraj Products Limited is compared with the 7 companies closest to it by revenue in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Jai Bhole Steel Tubes Private Limited | ₹333.28 Cr (FY 2025) | 16.0% | Punjab, India | |||
| M P Steel (India) Limited | ₹331.67 Cr (FY 2025) | -8.0% | Dist- Mehsana, Gujarat, India | |||
| Mechfast Engineering Private Limited | ₹329.7 Cr (FY 2025) | -9.0% | Kolkata, West Bengal, India | |||
| Punjab General Industries Private Limited | ₹328.75 Cr (FY 2025) | -3.0% | New Delhi, Delhi, India | |||
| Anjanisuta Steels Private Limited | ₹326.45 Cr (FY 2025) | 13.0% | Koderma, Jharkhand, India | |||
| Fortran Steel Pvt Ltd | ₹326.45 Cr (FY 2025) | -11.0% | Mumbai, Maharashtra, India | |||
| Shree Ram Iron and Steels Private Limited | ₹324.44 Cr (FY 2025) | -2.0% | Raipur, Chhattisgarh, India | |||
| Suraj Products Limitedthis company | ₹303.79 Cr (FY 2026) | ₹18.71 Cr | 6.2% | 495 | Sundargarh, Odisha, India |
To see the full peer comparison of Suraj Products Limited, buy the company report.
Auditor
Suraj Products Limited is audited by GARV & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GARV & Associates | FY 2023 | 301094E |
Shareholding
Shareholding for the quarter ended Mar 2026: promoters hold 73.70%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 26.30%.
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | |
|---|---|---|---|---|
| Promoters | 73.70% | 73.70% | 73.70% | 73.70% |
| Public | 26.30% | 26.30% | 26.30% | 26.30% |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Jul 2024 | 100975141 | Hdfc Bank Limited | ₹20 Lakh | Open | |
| 17 Apr 2023 | 100710464 | Hdfc Bank Limited | ₹50 Lakh | Open | |
| 12 Mar 2007 | 10049052 | Canara Bank | ₹51.75 Cr | Open | |
| 24 Feb 2023 | 100685945 | Hdfc Bank Limited | ₹30 Lakh | Satisfied | |
| 28 Jun 2022 | 100595839 | Hdfc Bank Limited | ₹89.9 Lakh | Satisfied |
To see the full charge records of Suraj Products Limited, buy the company report.
Total charge records: 19 View all charges
Deals & funding
Suraj Products Limited has 11 deals on record (11 market trades); the latest was in August 2023.
Deals on record (5 of 11)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2017 | Market trade | ₹1.36 Cr | Buyer: an individual Seller: Paramjyoti Commercial Private Limited |
| Mar 2017 | Market trade | ₹1.22 Cr | Buyer: Paramjyoti Commercial Private Limited Seller: Accent Agencies Private Limited |
| Dec 2016 | Market trade | ₹54.1 Lakh | Buyer: an individual Seller: Tirupati Vincom Private Limited |
| Aug 2016 | Market trade | ₹1.36 Cr | Buyer: Superior Retail Private Limited Seller: Tirupati Vincom Private Limited |
| Aug 2016 | Market trade | ₹1.64 Cr | Buyer: Accent Agencies Private Limited Seller: Tirupati Vincom Private Limited |
To see the full deal history of Suraj Products Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Suraj Products Limited has 22 court cases on record: 14 filed by Suraj Products, 8 filed against it. 6 cases are pending and 16 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 12 | 4 | 2 |
| District courts | 10 | 4 | 4 |
Cases on record (5 of 22)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Sundargarh, Odisha | Arbitration matter | Filed against the company by Everllence India Private Limited | Pending |
| District court, Sundargarh, Odisha | Court case (EXN. CASE Comm. Court) | Filed by the company against M/S Everllence India Private Limited | Pending |
| District court, Sundargarh, Odisha | Court case (I.A Comm. Court) | Filed against the company by M/S Everllence India Private Limited | Disposed |
| District court, Sundargarh, Odisha | Arbitration matter | Filed by the company against M/S Man Energy Solutions India Private Limited | Disposed |
| District court, Sundargarh, Odisha | Arbitration matter | Filed by the company against M/S Man Energy Solutions India Pvt. Ltd. | Disposed |
To see the full case history of Suraj Products Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Suraj Products Limited was last rated by Icra on 12 Aug 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 12 Aug 2021 |
To see the full credit ratings and regulatory alerts of Suraj Products Limited, buy the company report.
MSME payment delays
Suraj Products Limited has 2 MSME Form 1 returns on record for the period ending Sep 2019, listing 2 overdue payments to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Sarvesh Refractories Private Limited |
To see the full MSME payment records of Suraj Products Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Suraj Products Limited has a workforce of 495 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.
GST
Suraj Products has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AAGCS1344G1ZT | Odisha | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Suraj Products Limited, buy the company report.
Recent activity
Suraj Products Limited has 14 board changes on record since 1991: 11 appointments and 3 cessations. The latest: Bhagiratha Mishra was appointed as Director on 27 Mar 2023.
48 earlier events are in the company report.
News
Frequently asked questions
Suraj Products is an active public limited company based in Sundargarh, Odisha, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 26 July 1991 (35+ years old) and is registered under CIN L26942OR1991PLC002865. Listed on BSE: 518075.
Suraj Products reported revenue of ₹303.79 Cr for FY 2025-26 based on consolidated financials.
Suraj Products has 6 current directors:
- Yogesh Dalmia Kumar - Managing Director
- Gagan Goyal - Whole-Time Director
- Neha Singhania Kedia - Director
- Sunita Dalmia - Director
- Chandra Kant Bhartia - Director
- Bhagiratha Mishra - Director
The latest financial statements of Suraj Products on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 26 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Suraj Products is 21AAGCS1344G1ZT, registered in Odisha.
The CIN (Corporate Identification Number) of Suraj Products is L26942OR1991PLC002865. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Suraj Products is a listed company as per MCA records. Its shares are listed on BSE (code: 518075).
Suraj Products has 22 court cases on record: 14 filed by the company and 8 filed against it. 6 are pending. Most are in the high courts.
Suraj Products was incorporated on 26 July 1991, making it 35+ years old. It is registered with the Registrar of Companies, Cuttack.
Suraj Products has 11 deals on record (11 market trades); the latest was in August 2023.
The peers of Suraj Products by revenue are Jai Bhole Steel Tubes Private Limited, M P Steel (India) Limited, Mechfast Engineering Private Limited, Punjab General Industries Private Limited, Anjanisuta Steels Private Limited and 2 more, all in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products).
Bhagiratha Mishra was appointed as Director on 27 Mar 2023. Neha Singhania Kedia was appointed as Director on 14 Feb 2017. Satya Narayan Kabra ceased to be Director on 14 Nov 2016. Suraj Products has 14 board changes on record in total.