Stock Report

Suraj Limited Reports Q1 FY27 Net Profit of ₹358.96 Lakh; Total Income Reaches ₹3,991.46 Lakh

Posted On : 2026-07-24 10:23:54( TIMEZONE : IST )

Stainless steel pipes, tubes, and raw material manufacturer Suraj Limited (BSE: 531638) today released its unaudited consolidated financial results for the first quarter of Financial Year 2026-2027 (Q1 FY27) ended June 30, 2026.

Despite a decline in operational revenue on a year-on-year basis, the company delivered strong bottom-line expansion, driven by reduced input costs, inventory adjustments, and higher contributions from associate entities.

Key Financial Highlights

Revenue from Operations: Stood at ₹3,902.77 lakh (₹39.03 crore) for Q1 FY27, compared to ₹5,034.33 lakh in Q1 FY26 and ₹4,343.47 lakh in the preceding quarter (Q4 FY26).

Total Income: Came in at ₹3,991.46 lakh, supported by ₹88.69 lakh in other income, compared to ₹5,171.47 lakh in Q1 FY26.

Profit Before Tax (PBT): Surged 52.32% YoY to reach ₹513.41 lakh (including ₹34.74 lakh share of profit from associates), up from ₹337.06 lakh in Q1 FY26 and 30.73% QoQ over ₹392.71 lakh in Q4 FY26.

Net Profit After Tax (PAT): Net profit for the period expanded to ₹358.96 lakh (₹3.59 crore), posting a 30.83% YoY increase compared to ₹274.38 lakh in Q1 FY26 and a 42.52% QoQ surge over ₹251.85 lakh in Q4 FY26.

Total Comprehensive Income: Stood at ₹359.47 lakh for the quarter, boosted by an Other Comprehensive Income of ₹0.51 lakh (net of tax).

Earnings Per Share (EPS): Basic and diluted EPS for Q1 FY27 rose to ₹1.95 per share (face value of ₹10/- each, not annualised), up from ₹1.49 in Q1 FY26 and ₹1.37 in Q4 FY26.

Operational Expenditure Summary

Total expenses for Q1 FY27 came in significantly lower at ₹3,512.79 lakh, compared to ₹4,953.95 lakh in Q1 FY26 and ₹4,105.97 lakh in Q4 FY26.

Cost of Material Consumed: Stood at ₹2,410.06 lakh, remaining steady compared to ₹2,409.23 lakh in Q1 FY26 and down sequentially from ₹4,175.01 lakh in Q4 FY26.

Changes in Inventories: Reflected an inventory accumulation credit of ₹(534.05) lakh.

Employee Benefits Expense: Accounted for ₹443.74 lakh, inline with ₹441.06 lakh in Q1 FY26.

Finance Costs: Controlled at ₹113.89 lakh, down from ₹121.24 lakh in Q1 FY26.

Depreciation & Amortisation: Stood at ₹138.67 lakh.

Other Expenses: Totaled ₹940.48 lakh for the quarter.

Tax Expense:

Total tax expense for Q1 FY27 stood at ₹154.45 lakh, comprising current tax of ₹114.68 lakh and deferred tax of ₹39.77 lakh.

Share Capital & Reserves

The paid-up equity share capital of Suraj Limited remained unchanged at ₹1,836.41 lakh (face value of ₹10/- per share) as of June 30, 2026. Other equity for the full year ended March 31, 2026, was reported at ₹11,939.25 lakh.

Shares of SURAJ LTD. was last trading in BSE at Rs. 223.20 as compared to the previous close of Rs. 233.95. The total number of shares traded during the day was 188 in over 11 trades.

The stock hit an intraday high of Rs. 224.00 and intraday low of 222.50. The net turnover during the day was Rs. 41852.00.