Surya Roshni Sets Board Meeting for Q1 Results, Dividend Record Date
Surya Roshni Limited has scheduled a board meeting for August 13, 2025, to review Q1 FY2025-26 results, determine the final dividend record date for FY2024-25, and set the date for the 52nd Annual General Meeting. The company has implemented a trading window closure from July 1 to August 15, 2025, in compliance with SEBI regulations.
26Jul 25
ICRA Reaffirms A1+ Rating for Surya Roshni's Rs 100 Crore Bank Facilities
ICRA Limited has reaffirmed its short-term rating of [ICRA]A1+ for Surya Roshni Limited's bank facilities worth Rs 100.00 crores. The company reported a turnover of Rs 7,435.00 crores with an operating margin of 7.80%. Surya Roshni's lighting business grew by 8.00%, reaching Rs 1,690.00 crores with a 9.00% operating margin. The company maintains a strong financial position with nil term debt, minimal working capital borrowings of Rs 3.10 crores, and an interest cover of 27.90 times. ICRA noted the company's strong liquidity and robust free cash flow generation. Surya Roshni faces challenges including intense competition and vulnerability to raw material price fluctuations. The company has implemented environmental sustainability initiatives and ICRA expects improved performance supported by growth in the steel pipes division and lighting segment.
23Jul 25
Surya Roshni Secures ₹174.78 Crore Contract for MS Spiral Coated Pipe Supply
Surya Roshni Limited has won a contract worth ₹174.78 crore (including GST) from a Construction & Infrastructure Development Company. The order involves supplying MS Spiral Coated Pipes within Gujarat over a 24-week period. This domestic order strengthens Surya Roshni's position in the infrastructure sector and is expected to positively impact the company's order book.
25Jun 25
Surya Roshni Secures ₹75.4 Crore Order from Gujarat Gas for 3LPE Coated ERW Steel Pipes
Surya Roshni has won a ₹75.40 crore order from Gujarat Gas for supplying 3LPE coated ERW steel pipes to multiple locations. The order is to be executed within 34 weeks. This development has led to a 7.40% increase in Surya Roshni's share price, indicating positive investor sentiment. The order is expected to boost the company's revenue and strengthen its market position.
03Apr 25
Surya Roshni Secures ₹116.15 Crore Order from GAIL for Steel Pipes
Surya Roshni Limited has won a significant order worth ₹116.15 crore from GAIL India Limited. The contract involves supplying HFW 355.60 x 8.7 & 10.3 WT, GR X-70 PSL-2, Coated Pipes for projects in Madhya Pradesh and Uttar Pradesh. The order has an execution timeline of 39 weeks and reinforces Surya Roshni's position in the steel pipe industry, particularly in the oil and gas sector.
01Apr 25
Surya Roshni Achieves Record-Breaking Sales in March 2025
Surya Roshni Limited reported unprecedented sales figures for March 2025, with its highest-ever monthly sales volume of 100,239.00 metric tonnes. The Steel Pipes and Strips segment drove this performance, also recording 259,000.00 metric tonnes in Q4 FY25. The company achieved its highest monthly revenue to date, with growth in both Steel Pipes and Strips and Lighting and Consumer Durables segments. Management is optimistic about future prospects, citing ongoing capital expenditure projects and favorable trade conditions.