Surya Roshni Ltd
About
Surya Roshni began in 1973 with the production of steel tubes. In 1984, Surya Roshni expanded to start its lighting division. Under the leadership of Raju Bista and Vinay Surya, the company has now grown to generate sales of ₹7997 cr in FY 2023-2 with the production of steel pipes and lighting for consumer and professional purposes. It owns manufacturing facilities at Kashipur and Gwalior, in addition to Bahadurgarh, where it can produce 225,000 metric tonnes of Electric Resistance Welding (ERW) pipes and 115,000 metric tonnes of Cold Rolled (CR) sheets per annum. Another manufacturing plant, located in Bhuj, can produce 230,000 metric tonnes of ERW pipes and 60,000 metric tonnes of spiral pipes per annum. With the help of these plants, Surya Roshni is able to export its products to more than 50 countries across the globe.
Featured In Fortune India Ranking
Financial Data 2024
Financial Data
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (INR Cr) | 7841 -2.8% | 8064 3.7% | 7776 40.1% | 5550 -0.4% | 5571 -6.2% | 5940 18.2% | 5025 56.7% | 3206 7.3% | 2988 4.6% | 2856 -7.8% | 3097 -11.7% | 3507 14.5% | 3063 27.6% | 2402 30.1% | 1846 22.8% | 1502 - |
| Net Operating Income (INR Cr) | 7809 -2.34% | 7997 3.44% | 7731 39.01% | 5561 1.65% | 5471 -8.43% | 5975 0.00% | 4938 27.03% | 3145 6.12% | 2964 0.00% | 2857 -5.74% | 3031 2.43% | 3544 17.13% | 3026 31.21% | 2306 29.60% | 1779 20.63% | 1475 0.00% |
| Profit (INR Cr) | 329 -1.9% | 336 63.7% | 205 29.4% | 158 54.4% | 103 -15.1% | 121 11.8% | 108 50.8% | 72 6.5% | 67 24.4% | 54 1.4% | 53 -27.4% | 73 40.4% | 52 -22.5% | 67 49.4% | 45 109.7% | 22 - |
| Assets (INR Cr) | 2224 -3.9% | 2313 4.4% | 2216 2.1% | 2171 -9.5% | 2399 -0.3% | 2405 9.3% | 2201 29.9% | 1694 3.9% | 1630 -8.7% | 1785 -2.7% | 1835 -10.8% | 2057 4.1% | 1976 17.4% | 1684 72.9% | 974 50.6% | 647 - |
| Net Worth (INR Cr) | 2166 16.3% | 1864 20.4% | 1548 13.2% | 1367 10.3% | 1239 7.6% | 1152 0.0% | 1047 10.1% | 767 9.0% | 704 0.0% | 632 6.3% | 595 8.8% | 551 1.7% | 542 21.5% | 446 74.2% | 256 28.1% | 200 0.0% |
| Employee Cost (INR Cr) | 410 10.1% | 372 9.5% | 340 10.7% | 307 1.1% | 304 3.5% | 294 9.3% | 269 34.7% | 200 7.5% | 186 18.7% | 156 3.5% | 151 -2.1% | 154 10.5% | 140 18.0% | 118 34.9% | 88 37.4% | 64 - |
| Interest Cost (INR Cr) | 24 | 45 | 64 | 70 | 114 | 115 | 105 | 88 | 96 | 109 | 114 | 145 | 116 | 67 | 49 | 46 |
| Cash & Bank Balance (INR Cr) | 46 | 2 | 1 | 1 | 2 | 2 | 25 | 19 | 27 | 26 | 25 | 19 | 27 | 34 | 12 | 17 |
| Total Debt (INR Cr) | 16 | 418 | 593 | 732 | 1090 | 1192 | 1097 | 886 | 895 | 948 | 1038 | 1196 | 1186 | 991 | 691 | 440 |
Key Financial Ratios
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profit As % Of Revenues | 4.2% | 4.2% | 2.6% | 2.9% | 1.8% | 2.0% | 2.2% | 2.2% | 2.3% | 1.9% | 1.7% | 2.1% | 1.7% | 2.8% | 2.5% | 1.4% |
| Profit As % Of Assets | 14.8% | 14.5% | 9.3% | 7.3% | 4.3% | 5.0% | 4.9% | 4.2% | 4.1% | 3.0% | 2.9% | 3.6% | 2.7% | 4.0% | 4.6% | 3.3% |
| Profit As % Of Networth | 15.2% | 18.0% | 13.2% | 11.6% | 8.3% | 10.5% | 10.3% | 9.3% | 9.6% | 8.6% | 9.0% | 13.3% | 9.7% | 15.1% | 17.6% | 10.8% |
| Interest Cost to EBITDA % | 4.2% | 7.3% | 14.4% | 18.4% | 32.2% | 30.9% | 30.4% | 38.2% | 39.8% | 48.9% | 49.0% | 46.7% | 50.1% | 34.8% | 43.2% | 56.1% |
| Debt to Equity Ratio | 0.01 | 0.22 | 0.38 | 0.54 | 0.88 | 1.03 | 1.05 | 1.15 | 1.27 | 1.50 | 1.75 | 2.17 | 2.19 | 2.22 | 2.70 | 2.20 |
| RONW | 16.3% | 19.7% | 14.1% | 12.2% | 8.6% | 10.5% | 10.8% | 9.0% | 9.0% | 8.8% | 9.4% | 13.6% | 9.8% | 17.5% | 18.6% | 10.5% |
| ROCE | 20.7% | 22.3% | 15.5% | 12.3% | 10.6% | 12.0% | 12.3% | 10.5% | 11.2% | 10.5% | 11.8% | 12.7% | 10.5% | 11.2% | 12.7% | 11.5% |