Fin Cascade

Prices as of 8 Oct 2026 close · Not investment advice

Suratwwala Business Group Limited

NSE: SBGLPResidential, Commercial Projects

Share price

₹22.50

-0.97% close of 8 Oct 2026

Market cap ₹383 CrP/E 9.3

Business score

How strong the business is, in one number. The parts behind it are in Pro.

65

out of 100 · worked out 8 Oct 2026

Your ratios

The numbers you want to see first. Tap Edit to change them.

Market cap

₹383 Cr

P/E ratio

9.3

P/B ratio

3.7

ROCE

30.8%

ROE

43.0%

Dividend yield

0.5%

Price & valuation chart

How the share price and its valuation have moved. Hover over the chart to see any day. Prices as of the last close.

Prices as of 8 Oct 2026 close52-week high ₹39.4952-week low ₹18.54

Answers

Simple answers to the questions investors ask most, from the company's own numbers.

How fast it has been growing

Our sales figures for this company step up at Mar 2025 and we hold nothing that says why, so we cannot honestly quote a growth rate across it.

Whether it grew faster than its sector

Our sales figures for this company step up at Mar 2025 and we hold nothing that says why, so there is no honest growth rate of its own to set against its sector.

Room to re-rate, or risk of de-rating

For most of its recorded history its earnings were a fraction of today's, so its past price multiples are not a fair comparison.

Whether growth justifies the valuation

Priced at 0.4 times its growth rate, on earnings growth of 21%.

Profit growthPrice per ₹1 profitPer 1% growth
Suratwwala Business Group Limited — this one21%/yr9.3×₹0.44
Anant Raj Limited54%/yr36.2×₹0.67
Brigade Enterprises Limited35%/yr26.2×₹0.75
Horizon Industrial Parks Limited-13%/yr——
Sobha Limited23%/yr54.8×₹2.4
Sri Lotus Developers and Realty Limited124%/yr44.6×—

Compared with companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

How it compares with its peers

Against companies the exchange files under the same label (Residential, Commercial Projects), it ranks 2 of 86 on returns, 16 of 80 on growth, 13 of 86 on margin. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

What makes it hard to beat — and is that still true?

A wide advantage: it earns 30.8% on capital, ahead of 98% of companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

Whether its growth pays for itself

No — Over the last five years the business itself consumed ₹36 crore of cash before any plant spend, funded mostly borrowed — borrowings rose from ₹42 crore to ₹83 crore. And the profit is not backed by cash: it reported a profit over 5 years and consumed cash from the business. Its cash comes back faster than it used to: it went from being waiting 584 days for its cash to waiting 336 days for its cash.

Profit reality check

Is the profit real cash? Simple checks on the accounts. Facts only, not advice.

7 of 9 checks clear · 78%

Latest result · Q1 FY27

What the last results showed. Whether management kept its word is in Pro.

Announced 13 Aug 2026 · Consolidated · Unaudited

Revenue

₹42 Cr

Revenue vs last year

+163.3%

Revenue vs last quarter

-28.6%

Net profit

₹9 Cr

Profit vs last year

+86.8%

Profit vs last quarter

-28.2%

Net margin

22.2%

EPS

₹0.53

Checklist before you investPRO

Points for and against, in one list.

Key numbers & peers

The main numbers grouped by topic, and how the company compares with similar ones.

Price

Market cap
₹383 Cr
Prev close
₹22.50
52w High
₹40.9
52w Low
₹18.4
Enterprise value
₹456 Cr
Beta
0.8
Price CAGR 1y
-33.0%
Price CAGR 3y
-16.0%
Price CAGR 5y
27.0%
Price CAGR 10y
—

Ratios

Return on assets
14.4%
PEG ratio
0.4
P/E ratio
9.3
P/B ratio
3.7
EV / EBITDA
7.7
Industry P/E
23.4
ROCE
30.8%
ROCE 5y average
36.3%
ROE
43.0%
Debt / Equity
0.8
Interest coverage
52.0
Dividend yield
0.5%
ROE 3y average
41.0%
ROE last year
43.0%

Annual P&L

Annual revenue
₹143 Cr
Annual profit
₹38 Cr
Operating margin
37.0%
Net profit margin
26.6%
EBITDA margin
37.1%
Sales growth 3y
32.1%
Sales growth 5y
—
Profit growth 3y
21.0%
Profit growth 5y
—
EPS
₹2.2
Sales growth TTM
292.0%
Profit growth TTM
242.0%
Dividend payout
6.0%

Quarter P&L

Sales latest quarter
₹42 Cr
Profit latest quarter
₹9 Cr
YoY quarterly sales growth
164.1%
YoY quarterly profit growth
75.2%
OPM latest quarter
31.9%

Balance Sheet

Book Value
₹6.1
Face Value
₹1.0
Total debt
₹83 Cr
Total cash
₹5 Cr
Borrowings
₹83 Cr
Reserves / Equity
5.1

Cash Flow

Operating cash flow
-₹6 Cr
Free cash flow
-₹15 Cr
FCF yield
-4.2%
Net cash flow
₹4 Cr

Shareholding

Promoter holding
73.4%
FII holding
0.0%
DII holding
—
Public holding
26.6%

Peer comparison

CompanyPrice ₹P/EMkt cap ₹ CrDiv yield %Profit qtr ₹ CrProfit var %Sales qtr ₹ CrSales var %ROCE %
DLF640.0036.81,58,4201.23793.94.11,280.3-52.96.3
Lodha Developers1,076.4026.11,07,5740.391,373.1103.44,996.743.116.4
Phoenix Mills1,793.2049.564,1390.14394.523.31,074.912.812.4
Oberoi Realty1,689.8023.261,4420.47543.529.01,300.931.717.3
Prestige Estates1,405.1053.160,5220.14271.4-19.42,675.115.910.4
Godrej Propert.1,538.2028.646,3350.64349.4-41.7506.216.57.6
Anant Raj595.1037.021,4160.16149.218.9631.46.612.1
Suratwwala Busi.22.909.53970.539.375.242.1164.130.8
Median134.9523.49480.008.526.690.712.87.6

Competes with: Anant Raj Limited, Brigade Enterprises Limited, DLF Limited, Godrej Properties, Lodha Developers Limited, Oberoi Realty, Prestige Estates Projects, The Phoenix Mills Limited

Quarterly results

Sales and profit for each of the last 13 quarters. Newest on the right. ₹ crore.

Consolidated · to 30 Jun 2026
Line itemJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales161816218.742.243.18221626425942
Expenses8.367.227.24113.471.573.45138.9615264029
Material Cost6.9113243626
Change in Inventories00000
Purchases of Stock-in-Trade00000
Employee Cost0.520.590.700.840.65
Other Expenses1.541.271.732.982.18
Operating Profit7.89119.11105.270.67-0.278.766.9911161913
OPM %496156496030-8.49404443373232
Other Income0.010.370.180.040.350.220.680.190.590.300.30-0.410.57
Exceptional items (within Other Income)00000
Interest0.420.320.100.290.030.030.060.020.030.010.370.270.69
Depreciation0.060.240.19-0.120.090.110.120.130.380.400.430.480.65
Profit before tax7.42119105.500.750.238.807.1711151813
Tax %-0.94252746267122262625262626
Net Profit7.488.196.545.594.090.220.196.535.338.1611139.34
EPS in Rs0.430.470.380.320.240.010.010.380.310.470.640.770.54
Diluted EPS in Rs0.310.460.620.760.53

Profit & loss

Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.

Consolidated · to 31 Mar 2026
Line itemMar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales36627236143169
Expenses1533332190110
Material Cost80
Change in Inventories0
Purchases of Stock-in-Trade0
Employee Cost2.65
Other Expenses7.26
Operating Profit213039145359
OPM %584754403735
Other Income101101
Exceptional items (within Other Income)0
Interest4210.131.131
Depreciation000.370.441.682
Profit before tax182738155157
Tax %2323262826
Net Profit142128113842
EPS in Rs0.821.221.600.632.152.42
Diluted EPS in Rs2.15
Dividend Payout %000166

Compounded growth

Average yearly growth over different spans, as stored. A span can cross a demerger or an acquisition.

Compounded sales growth

10 years
—
5 years
—
3 years
32%
TTM
292%

Compounded profit growth

10 years
—
5 years
—
3 years
21%
TTM
242%

Stock price CAGR

10 years
—
5 years
27%
3 years
-16%
1 year
-33%

Return on equity

10 years
—
5 years
44%
3 years
41%
Last year
43%

Balance sheet

What the company owns and what it owes, at the end of each year. ₹ crore.

Consolidated
Line itemMar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital1717171717
Reserves23-6415187
Borrowings4232387383
Other Liabilities2579324475
Total Liabilities107122127185263
Fixed Assets1112134
CWIP00060
Investments2612114
Other Assets81120124147224
Total Assets107122127185263

Cash flows

Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.

Consolidated
Line itemMar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity-15-100-4.73-6.20
Cash from Investing Activity-025-2-352
Cash from Financing Activity15-146358
Net Cash Flow-005-44
Free Cash Flow-16-11-1-31-15

Ratios

How fast customers pay, how long stock sits, and how well capital earns — year by year.

Consolidated
Line itemMar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days2264354395
Inventory Days1,5961,593
Days Payable69123
Cash Conversion Cycle1,7531,474354395
Working Capital Days58424265935336
ROCE %47551231

Shareholding pattern

Who owns the company — founders (promoters), foreign funds, Indian funds and the public. In %.

Consolidated · to 30 Jun 2026
Line itemSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters737373737373737373737373
FIIs0.150.0100.110.030.300.05000.0100
DIIs00
Public262727272726272727272727
No. of Shareholders1,2482,1143,1079,4159,0549,88411,29610,78310,48210,31910,08110,043

Price trend

The price as a Renko brick chart: small moves drop out so the bigger path stands out.

Change over 1 year -33.2% (₹33.67 → ₹22.50)Brick size ₹2.02 (fixed)Bricks 26
₹20.00₹25.00₹30.00₹35.00₹22.50Nov '25Jan '26Mar '26Jun '26
Price moved up one brickPrice moved down one brickLast close ₹22.50 on 8 Oct 2026

Every brick is the same size, about one typical day's move. A new brick needs a full brick's move; turning the other way needs two. Bricks show where the price went, not where it will go.

Open interestPRO

Where option traders are positioned on this stock.

Industry numbers

The numbers that matter most in this industry, from the company's own filings.

1 when an audit qualification is filed as repetitive

0.00flag

2026-03-31

the company's own unlisted debt securities in default at period end

0.00cr

2026-06-30

the company's own loans / revolving facilities in default at period end (standalone filing)

0.00cr

2026-06-30

net debt from the filed balance sheet at the newest year end: Borrowings − Cash Equivalents − Investments (Current); negative = net cash

73.52inr_cr

2026-03-31

guarantees / comfort given for promoter, promoter group, directors and KMP

0.00cr

2026-03-31

loans outstanding to promoter, promoter group, directors and KMP (governance filing)

0.00cr

2026-03-31

security given for the borrowing of promoter, promoter group, directors and KMP

0.00cr

2026-03-31

News

News and filings about Suratwwala Business Group Limited. Open one to see why it matters.

Supply chain

Who it buys from, sells to and competes with — as recorded in our map of company links.

About

What the company is, from our own records: where it sits, where it makes things, and what it is made of.

Sector
Realty
Industry
Residential, Commercial Projects
Classification
Realty › Residential, Commercial Projects
ISIN
INE05ST01028

Business segments

  • Real Estate · 62%
  • Solar Unit · 38%

News impact

Big market events that reach Suratwwala Business Group Limited, and how the effect spreads.

No recent market events reach this company.

Dividends, splits & big trades

Money paid out, share splits and buybacks, and big buys or sells by funds and insiders.

Dividends

11 Sep 2026unspecified₹0.12
12 Sep 2025unspecified₹0.1
18 Apr 2024split₹0

Splits, bonuses & buybacks

  • daily-prices repair: 7 rows from NSE's archive (replace 2, delete 0, insert 5), 2023-11-12..2026-02-01 (docs/flat_day_repair.md)1× · 12 Nov 2023

Documents

Annual reports, results presentations and earnings calls, straight from the source.

Facts from company filings and exchange data. Not investment advice: nothing here tells you to buy or sell.