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Prices as of 9 Oct 2026 close · Not investment advice

Suraj Estate Developers Limited

NSE: SURAJESTResidential, Commercial Projects

Share price

₹202.34

+2.78% close of 9 Oct 2026

Market cap ₹931 CrP/E 10.1

Price-based ratios (P/B, dividend yield, EV/EBITDA) are as of 8 Oct 2026, the close above is 9 Oct 2026.

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

₹931 Cr

P/E ratio

10.1

P/B ratio

1.0

ROCE

14.5%

ROE

9.4%

Dividend yield

0.0%

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 9 Oct 2026 close52-week high ₹302.0552-week low ₹168.69

Answers

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

How fast it has been growing

Sales grew 3.7% over the past year, and 16.3% a year over its longer record. Meanwhile what it keeps of every 100 rupees of sales slipped from 56.8% to 40.5% over the last two years.

Whether it grew faster than its sector

It grew 16.3% a year against a sector median of 12.0% — 4.4 percentage points faster.

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

Too little price history yet to compare it with its own past.

Whether growth justifies the valuation

Priced at 0.2 times its growth rate, on earnings growth of 40%.

Profit growthPrice per ₹1 profitPer 1% growth
Suraj Estate Developers Limited — this one40%/yr9.9×₹0.25
The Phoenix Mills Limited12%/yr49.2×₹4.1
Prestige Estates Projects18%/yr53.4×₹3.0
Oberoi Realty9%/yr22.9×₹2.5
Godrej Properties49%/yr28.6×₹0.58
Anant Raj Limited54%/yr36.2×₹0.67

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 18 of 86 on returns, 31 of 80 on growth, 10 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 narrow advantage: it earns 14.5% on capital, ahead of 79% 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 ₹91 crore of cash before any plant spend, funded from shareholders — borrowings did not rise. And the profit is not backed by cash: it reported a profit over 8 years and consumed cash from the business. Its cash comes back more slowly than it used to: it went from being waiting 529 days for its cash to waiting 919 days for its cash.

Profit reality check

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

6 of 9 checks clear · 67%

Latest result · Q1 FY26

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

Announced 12 Sep 2026 · Standalone · Unaudited

Revenue

₹127 Cr

Net profit

₹24 Cr

EPS

₹4.98

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
₹931 Cr
Prev close
₹202.34
52w High
₹319
52w Low
₹165
Enterprise value
₹1,522 Cr
Beta
1.6
Price CAGR 1y
-25.0%
Price CAGR 3y
—
Price CAGR 5y
—
Price CAGR 10y
—

Ratios

Return on assets
4.6%
PEG ratio
0.3
P/E ratio
10.1
P/B ratio
1.0
EV / EBITDA
6.9
Industry P/E
23.0
ROCE
14.5%
ROCE 5y average
20.4%
ROE
9.4%
Debt / Equity
0.6
Interest coverage
2.4
Dividend yield
0.0%
ROE 3y average
13.0%
ROE last year
9.0%

Annual P&L

Annual revenue
₹556 Cr
Annual profit
₹90 Cr
Operating margin
39.0%
Net profit margin
16.2%
EBITDA margin
39.2%
Sales growth 3y
22.0%
Sales growth 5y
18.3%
Profit growth 3y
40.0%
Profit growth 5y
70.0%
EPS
₹18.9
Sales growth TTM
4.0%
Profit growth TTM
0.0%
Dividend payout
0.0%

Quarter P&L

Sales latest quarter
₹145 Cr
Profit latest quarter
₹23 Cr
YoY quarterly sales growth
9.2%
YoY quarterly profit growth
9.5%
OPM latest quarter
36.8%

Balance Sheet

Book Value
₹216
Face Value
₹5.0
Total debt
₹645 Cr
Total cash
₹50 Cr
Borrowings
₹645 Cr
Reserves / Equity
42.2

Cash Flow

Operating cash flow
-₹54 Cr
Free cash flow
-₹57 Cr
FCF yield
-16.0%
Net cash flow
₹26 Cr

Shareholding

Promoter holding
69.8%
FII holding
1.3%
DII holding
1.0%
Public holding
27.9%

Peer comparison

CompanyPrice ₹P/EMkt cap ₹ CrDiv yield %Profit qtr ₹ CrProfit var %Sales qtr ₹ CrSales var %ROCE %
DLF635.3036.61,57,2571.23793.94.11,280.3-52.96.3
Lodha Developers1,074.0026.01,07,3340.391,373.1103.44,996.743.116.4
Phoenix Mills1,786.2049.363,8880.14394.523.31,074.912.812.4
Oberoi Realty1,678.0023.061,0120.47543.529.01,300.931.717.3
Prestige Estates1,399.3552.960,2740.14271.4-19.42,675.115.910.4
Godrej Propert.1,539.0028.746,3590.64349.4-41.7506.216.57.6
Anant Raj590.5036.721,2510.16149.218.9631.46.612.1
Suraj Estate197.9010.39450.0022.97.3144.79.214.5
Median134.8323.68690.008.426.585.011.07.6

Competes with: Anant Raj Limited, Brigade Enterprises Limited, DLF Limited, Godrej Properties, Lodha Developers Limited, Oberoi Realty, Pranav Constructions Limited, 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
Sales10210310610013410917013613214518099145
Expenses56403647704612410683801264991
Material Cost10774701077793
Change in Inventories-14-1.65-3.564.63-41-10
Purchases of Stock-in-Trade000000
Employee Cost7.755.805.785.957.486.01
Other Expenses5.234.988.048.625.032.59
Operating Profit47637053636346305065545053
OPM %46616653475827223745305037
Other Income0003112111122
Exceptional items (within Other Income)000000
Interest2740472522192042120203222
Depreciation1112211111111
Profit before tax19232230404426262844341931
Tax %25262534252723302525264327
Net Profit15171719303220182133251123
EPS in Rs4.425.103.744.346.797.184.183.834.456.935.262.254.78
Diluted EPS in Rs3.544.537.055.292.324.94

Profit & loss

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

Consolidated · to 31 Mar 2026
Line itemMar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales3587240273306412549556568
Expenses-2020153141155179346338347
Material Cost461328
Change in Inventories-165-41
Purchases of Stock-in-Trade00
Employee Cost2425
Other Expenses2627
Operating Profit546787132151233203218221
OPM %1577736484957373939
Other Income124123456
Exceptional items (within Other Income)00
Interest53647993107139669294
Depreciation122433.664.9755
Profit before tax229364394136126129
Tax %2535312726282628
Net Profit2262732671009092
EPS in Rs2.362.189.447.939.6715211919
Diluted EPS in Rs2020
Dividend Payout %00000600

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
18%
3 years
22%
TTM
4%

Compounded profit growth

10 years
—
5 years
70%
3 years
40%
TTM
0%

Stock price CAGR

10 years
—
5 years
—
3 years
—
1 year
-25%

Return on equity

10 years
—
5 years
15%
3 years
13%
Last year
9%

Balance sheet

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

Consolidated
Line itemMar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital6661616212323
Reserves1517232356495880970
Borrowings375500600649593441461645
Other Liabilities201186162175339333383323
Minority Interest0.030.03
Total Liabilities5977107928641,0041,2901,7471,961
Fixed Assets622191816383766
CWIP00200000
Investments00109134
Other Assets5916887708469801,2511,7071,891
Total Assets5977107928641,0041,2901,7471,961

Cash flows

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

Consolidated
Line itemMar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity-53-32-15701909-306-54
Cash from Investing Activity-4-15-7-21-27-9079-15
Cash from Financing Activity594527-45-1577023894
Net Cash Flow2-2546-111026
Free Cash Flow-54-37-1768189-16-307-57

Ratios

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

Consolidated
Line itemMar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days31017712312592943877
Cash Conversion Cycle31017712312592943877
Working Capital Days3,2531,691688529411532776919
ROCE %15152022291714

Shareholding pattern

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

Consolidated · to 30 Jun 2026
Line itemDec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters7575757570707070707070
FIIs7.135.662.513.141.942.322.181.701.772.231.31
DIIs4.023.111.422.512.491.991.450.931.031.111.02
Public1416211926262728282728
No. of Shareholders82,28259,30133,89831,73132,36934,06936,01640,05940,18238,51838,247

Price trend

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

Change over 1 year -26.9% (₹276.70 → ₹202.34)Brick size ₹10.56 (fixed)Bricks 32
₹250₹300₹202Nov '25Jan '26Mar '26May '26Aug '26
Price moved up one brickPrice moved down one brickLast close ₹202.34 on 9 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

total loans / revolving facilities outstanding at period end, the base of loan_default_cr

349cr

2026-06-30

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

591inr_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

39.06cr

2026-03-31

FY revenue / permanent employees + workers, same basis (calc)

2,10,46,839inr

2026-03-31

volume growth %

74.00pct

2026-06-30

News

News and filings about Suraj Estate Developers 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.

Competes with

Uses as raw material

  • Aluminium sections & glass (windows, facades)
  • Cement
  • Ready Mix Concrete (RMC)
  • Sand and fine/coarse aggregates
  • Steel / TMT reinforcement bars

Depends on the price of

  • cement
  • steel

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
INE843S01025

Plants

  • Suraj Eterna (project site)
  • Suraj Ocean Star / Lumina (project sites)
  • Suraj The Palette (project site)
  • Suraj Vitalis (project site)

News impact

Big market events that reach Suraj Estate Developers 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

20 Sep 2024unspecified₹1

Splits, bonuses & buybacks

  • daily-prices repair: 7 rows from NSE's archive (replace 2, delete 1, insert 4), 2024-01-15..2026-02-01 (docs/flat_day_repair.md)1× · 15 Jan 2024

Insider trades

DisclosedWhoTypeSharesValue ₹ Cr
11 Sep 2026Shreepal Shah · KMPBUY1,9000.03
11 Sep 2026Shreepal Shah · KMPBUY1,4000.02
11 Sep 2026Shreepal Shah · KMPBUY1,0000.02
9 Sep 2026Shreepal Shah · KMPBUY1,9900.03
9 Sep 2026Shreepal Shah · KMPBUY8100.01

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.