Suraj Products Limited has shut down one kiln at its DRI Plant for maintenance, a process expected to last approximately 30 days. The company informed the exchanges via a filing submitted on July 20, 2026, regarding the operational update. The maintenance period is likely to impact operations for the duration of the shutdown.

The intimation was submitted under Regulation 30 of the SEBI (LODR) Regulations, 2015. The disclosure did not specify the financial impact of the temporary halt in production. The company stated that it would inform the stock exchanges once operations resume.

Regulatory Filing Details

The filing was addressed to BSE Limited and The Calcutta Stock Exchange Limited. The communication was signed by A.N. Khatua, Company Secretary & Compliance Officer of Suraj Products Limited.

Suraj Products Limited reported a 12.1% decline in standalone net profit to ₹1,884.79 lakh for the financial year ended March 31, 2026, compared to ₹2,143.39 lakh in the previous year, as revenue from operations decreased to ₹30,378.67 lakh. The company’s Board of Directors, which met on May 26, 2026, approved the audited financial results and recommended a final dividend of ₹2.25 per equity share of ₹10 each for FY26, subject to shareholder approval at the Annual General Meeting. The statutory auditors, M/S GARV & Associates, issued an unmodified audit report for both standalone and consolidated results.

The standalone total revenue for FY26 stood at ₹30,500.39 lakh, a decrease from ₹32,690.27 lakh in FY25. Total expenses for the year reduced to ₹28,070.91 lakh from ₹29,928.19 lakh in the previous year. For the quarter ended March 31, 2026, the company recorded a standalone net profit of ₹701.42 lakh on revenue from operations of ₹9,889.72 lakh. Basic earnings per share (EPS) for the year stood at ₹16.53, down from ₹18.80 in the prior year.

On a consolidated basis, net profit for FY26 fell to ₹1,871.74 lakh from ₹2,143.39 lakh in the previous year. Consolidated revenue from operations for the year was ₹30,378.67 lakh. The company’s subsidiary, Suraj Iron & Steel Manufacturers -L.L.C.-S.P.C., has not commenced operations and did not generate revenue during the financial year. The statutory auditors, M/S GARV & Associates, issued an unmodified audit report for both standalone and consolidated results.

The company’s assets and liabilities reflected a shift in financial structure. Total standalone assets as of March 31, 2026, were ₹18,683.72 lakh, with total equity and liabilities matching this figure. Cash and cash equivalents decreased to ₹549.34 lakh at the end of FY26 from ₹1,449.19 lakh a year earlier. The finance costs for the year reduced significantly to ₹99.04 lakh compared to ₹226.01 lakh in FY25.

Standalone Financial Results for FY26

Consolidated Financial Results for FY26