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MomentumDeep Value

Suratwwala Business Group Ltd: Stock Analysis & Fundamentals

Data from 4w ago

Suratwwala Business Group Ltd (Realty - Construction & Contracting) — fundamental analysis, earnings data, and key metrics. PE: 16.8. ROE: 16.8%. This stock is not currently in the Nifty 500 momentum outperformers list.

Suratwwala Business Group Ltd Key Facts

What's Happening

💪Debt reduced 11% YoY — balance sheet strengthening

Earnings Acceleration Triggers

1. Order Book Or Contract Wins
FY26-FY27HIGH
2. Regulatory Approval Or License Win
FY26HIGH
3. Value Added Product Mix Shift
OngoingMEDIUM

Key Risks

1. Implementation of new Labour Codes led to incremental compliance costs and one-t
MEDIUM
2. Historical increases in debtor days and potential cash flow management challenge
LOW

Sector-Specific Signals

Total Built-up Area974,160 sq. ft.
Debtor Days43.4 daysIncreased from 27.3
Promoter Holding73.39%Stable

Key Numbers

Current Price
₹30
Dividend Yield
0.33%
Market Cap
524 Cr
Valuation
N/A

Why Are Suratwwala Business Group Ltd's Earnings Accelerating?

Based on Q3 FY26 (web) earnings • Updated Apr 19, 2026

Order Book Or Contract Wins

Expected: FY26-FY27HIGH confidence

What: Project Revenue Potential: ₹100-110 Cr

Impact: ₹110 Cr

Regulatory Approval Or License Win

Expected: FY26HIGH confidence

What: Built-up Area: 974,160 sq. ft.

Value Added Product Mix Shift

Expected: OngoingMEDIUM confidence

What: Solar Business Growth: Impressive response

What Are the Key Risks for Suratwwala Business Group Ltd?

Earnings deceleration risks from management commentary

Implementation of new Labour Codes led to incremental compliance costs and one-t

MEDIUM

Trigger: Implementation of new Labour Codes led to incremental compliance costs and one-time catch-up impacts.

Impact: PAT impact: ₹3.8 Cr (one-time)

Management view: Classified as exceptional item or manageable adjustment.

Monitor: regulatory

Historical increases in debtor days and potential cash flow management challenge

LOW

Trigger: Historical increases in debtor days and potential cash flow management challenges.

Management view: Not Given

Monitor: litigation

What Did Suratwwala Business Group Ltd Report This Quarter?

Headline numbers from the latest earnings call

Revenue

₹42.23 Cr

YoY +994%QoQ +60.7%

Revenue growth was driven by project-based revenue recognition and construction milestones.

EBITDA

₹15.49 Cr

Margin 36.8%

Operating margins remained high despite rapid revenue scaling, reflecting operational efficiency.

PAT

₹11.13 Cr

YoY +5757.9%QoQ +36.4%

PAT growth was explosive due to a low base in the previous year and successful project execution.

Other Highlights

• Earnings Per Share (EPS) stood at ₹0.62 for Q3FY26, up from ₹0.01 in Q3FY25.

• Return on Equity (ROE) reported at 44.70% for the quarter.

• Nine-month FY26 cumulative revenue reached ₹84.02 crores with net profit of ₹24.62 crores.

What Sector Metrics Matter for Suratwwala Business Group Ltd?

Sub-sector-specific signals from the latest concall — each with management's stated reason for the change

Total Built-up Area

974,160 sq. ft.

Why: Environmental clearance received for the Hinjewadi project.

Debtor Days

43.4 days

YoY Increased from 27.3

Why: Not explained in source

Promoter Holding

73.39%

YoY StableQoQ Stable

Why: Management maintains a stable collective holding with zero pledging.

What Is Suratwwala Business Group Ltd's Management Guidance?

Forward-looking targets from management for FY26-FY27

Capex Plan

₹250 Cr

Revenue Outlook

₹100-110 Cr

Capex Plan

₹250 Cr

Enhance borrowing power limit for expansion

Volume

Environmental clearance received for 974,160 sq. ft. built-up area.

Management Tone: BULLISH

The above analysis is parsed from publicly available earnings call transcripts. This is educational research only — not investment advice. Last updated Apr 19, 2026.

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Frequently Asked Questions: Suratwwala Business Group Ltd

Based on publicly available financial data. This is educational research, not investment advice.

What were Suratwwala Business Group Ltd's latest quarterly results?

Suratwwala Business Group Ltd's latest quarterly results (Dec 2025) show

  • Revenue Growth YoY: +1300.0%
  • Operating Margin: 37.0%

What is Suratwwala Business Group Ltd's current PE ratio?

Suratwwala Business Group Ltd's current PE ratio is 16.8x.

  • Current PE: 16.8x
  • Market Cap: 524 Cr
  • Dividend Yield: 0.33%

What is Suratwwala Business Group Ltd's price-to-book ratio?

Suratwwala Business Group Ltd's price-to-book ratio is 6.4x.

  • Price-to-Book (P/B): 6.4x
  • Book Value per Share: ₹5
  • Current Price: ₹30

Is Suratwwala Business Group Ltd a fundamentally strong company?

Suratwwala Business Group Ltd's fundamental strength based on key financial ratios

  • Return on Capital (ROCE): 12.0%

Is Suratwwala Business Group Ltd debt free?

Suratwwala Business Group Ltd has a debt-to-equity ratio of N/A.

  • Total Debt: ₹65 Cr

What is Suratwwala Business Group Ltd's return on equity (ROE) and ROCE?

Suratwwala Business Group Ltd's return ratios over recent years

  • FY2023: ROCE 76.0%
  • FY2024: ROCE 55.0%
  • FY2025: ROCE 12.0%

Is Suratwwala Business Group Ltd's cash flow positive?

Suratwwala Business Group Ltd's operating cash flow is negative (FY2025).

  • Cash from Operations (CFO): ₹-5 Cr
  • Free Cash Flow (FCF): ₹-40 Cr
  • CFO/PAT Ratio: -45% (weak cash conversion)

What is Suratwwala Business Group Ltd's dividend yield?

Suratwwala Business Group Ltd's current dividend yield is 0.33%.

  • Dividend Yield: 0.33%
  • Current Price: ₹30

Who holds Suratwwala Business Group Ltd shares — promoters, FII, DII?

Suratwwala Business Group Ltd's shareholding pattern (Mar 2026)

  • Promoters: 73.4%
  • FII (Foreign): 0.0%
  • Public: 26.6%

Is promoter holding increasing or decreasing in Suratwwala Business Group Ltd?

Suratwwala Business Group Ltd's promoter holding has remained stable recently.

  • Current Promoter Holding: 73.4% (Mar 2026)
  • Previous Quarter: 73.4% (Dec 2025)
  • Change: 0.00% (stable)

Is Suratwwala Business Group Ltd a new momentum entry or an established outperformer?

Suratwwala Business Group Ltd is an established outperformer with 1 weeks of consecutive Nifty 500 outperformance.

What are the growth catalysts for Suratwwala Business Group Ltd?

Suratwwala Business Group Ltd has 3 key growth catalysts identified from recent earnings analysis

  • Order Book Or Contract Wins — New project wins provide clear revenue visibility for the next fiscal year.
  • Regulatory Approval Or License Win — Environmental clearance for a large-scale project ensures execution continuity.
  • Value Added Product Mix Shift — Diversification into solar EPC/PPA provides a non-cyclical revenue stream.

What are the key risks in Suratwwala Business Group Ltd?

Suratwwala Business Group Ltd has 2 key risks worth monitoring

  • [MEDIUM] Implementation of new Labour Codes led to incremental compliance costs and one-t — Implementation of new Labour Codes led to incremental compliance costs and one-time catch-up impacts.
  • [LOW] Historical increases in debtor days and potential cash flow management challenge — Historical increases in debtor days and potential cash flow management challenges.

What is Suratwwala Business Group Ltd's management guidance for growth?

Suratwwala Business Group Ltd's management has provided the following forward guidance for FY26-FY27

  • Revenue outlook: ₹100-110 Cr
  • Margin outlook: Not Given
  • Capex plan: ₹250 Cr for Enhance borrowing power limit for expansion
  • Management tone: bullish

What sector-specific metrics matter most for Suratwwala Business Group Ltd?

Suratwwala Business Group Ltd's most important sub-sector-specific KPIs from the latest concall

  • Total Built-up Area: 974,160 sq. ft. — Environmental clearance received for the Hinjewadi project.
  • Debtor Days: 43.4 days (YoY Increased from 27.3) — Not explained in source
  • Promoter Holding: 73.39% (YoY Stable) (QoQ Stable) — Management maintains a stable collective holding with zero pledging.

Is Suratwwala Business Group Ltd worth studying for long term investment?

Based on quantitative research signals, here is why Suratwwala Business Group Ltd may be worth studying

  • Currently showing mixed signals — monitor for clearer trend confirmation

What is the investment thesis for Suratwwala Business Group Ltd?

Suratwwala Business Group Ltd investment thesis summary:

Research Signals (Bull Case)

  • Growth catalyst: Order Book Or Contract Wins

Risk Factors (Bear Case)

  • Key risk: Implementation of new Labour Codes led to incremental compliance costs and one-t

What is the future outlook for Suratwwala Business Group Ltd?

Suratwwala Business Group Ltd's forward outlook based on current data signals

  • Key Catalyst: Order Book Or Contract Wins
  • Key Risk: Implementation of new Labour Codes led to incremental compliance costs and one-t

The above FAQs are generated from publicly available earnings data and conference call transcripts. This is educational research only. Sector Alpha is not SEBI registered and does not provide investment advice.