Suratwwala Business Group Limited disclosed that its promoters hold 12,72,76,520 equity shares, representing 73.39% of the total shareholding as on March 31, 2026. The filing confirms that the promoters, along with the promoter group and persons acting in concert, did not encumber any shares directly or indirectly during the financial year ended March 31, 2026. This disclosure is significant as it indicates a stable ownership structure without any pledge or charge on the promoter holdings for the specified period.

The disclosure was submitted to the stock exchanges in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The company received the declarations from Jatin Dhansukhlal Suratwala and Manoj Dhansukhlal Suratwala, both identified as promoters of the company. Jatin Dhansukhlal Suratwala serves as the Promoter & Managing Director, while Manoj Dhansukhlal Suratwala is the Promoter & Whole-Time Director.

Shareholding Details

The following table outlines the shareholding disclosed by the promoters as on the specified date:

The declarations were signed and submitted on April 3, 2026, and subsequently forwarded to the exchanges by Pooja Sandeep Thorave, Company Secretary & Compliance Officer of Suratwwala Business Group Limited. The company requested the exchanges to place the information on their websites for public record.

Suratwwala Business Group reported a 301% year-on-year surge in consolidated revenue to ₹142.99 crore for the financial year ended March 31, 2026, driven by the scale-up of its real estate execution and solar EPC verticals. Profit before tax rose 237.5% to ₹51.61 crore, while net worth increased 57.5% to ₹110.41 crore, reflecting earnings-led balance sheet strengthening. The solar EPC vertical, operationalised through subsidiary Suratwwala Natural Energy Resource Private Limited, contributed approximately 38% of the consolidated group revenue.

The Board of Directors approved the audited standalone and consolidated financial results for the fourth quarter and year ended March 31, 2026. Statutory auditors issued an unmodified opinion on both standalone and consolidated financial statements. The company confirmed there is no default position on any borrowing facility as at March 31, 2026.

Key Financial Summary - FY26 Audited Consolidated

Segment Performance

The group’s performance was bolstered by its two primary business verticals. The Real Estate Segment reported revenue of ₹89.29 crore and PBT of ₹41.15 crore, led by execution momentum across TOD/SMP Buildings C, D, and E. The Solar EPC segment, via SNER, recorded revenue of ₹54.49 crore and PBT of ₹10.46 crore, marking its first full operational scale-up year.

Growth Pipeline

Looking ahead to FY27, the group outlined its focus on milestone-based collections, work-in-progress monetisation, and treasury optimisation. The Solar EPC vertical enters the new year with approximately ₹100 crore of EPC and PPA-linked projects under execution. In real estate, the group is progressing the luxury residential Prabhat Road project and the Kasar Amboli villa development, which has received environmental clearance.