Sector Alpha Week of 2026-09-11
Not SEBI Registered !! Not Investment advice !!
Sector Alpha — machine-written from the numbers · Data as of 2026-09-11

Suraj Estate Developers Ltd

SURAJEST
Realty - Construction & Contracting

Suraj Estate Developers Ltd's stock has fallen further than its earnings. EPS fell 9.9% in a year while the price moved −39.7%.

The sharpest disagreement: profits are rising, but only −137% of the last 3 years' profit arrived as operating cash — the gap between the P&L and the bank account is the thing to watch.

The price is in a downtrend (85 weeks in) while the P/E sits at the 1st percentile of its own 3-year range. Underneath, the last four quarters read improving — profit +9.5% year on year, and −137% of the last 3 years' profit arrived as cash. What settles it: whether the cash starts following the profit.

Stage
Mixed
partial read
Price
₹175
−39.7% 1Y
P/E
9.1×
1st pctile
of its own 3-year range
Revenue (Jun 26)
₹145 Cr
+9.8% YoY
Profit (Jun 26)
₹23.0 Cr
+9.5% YoY
Operating margin
37.0%
flat YoY
ROCE
15%
FY26
ROIC
10.1%
vs WACC 12.0% → −1.9 pp
Cash conversion
−137%
of profit, last 3 FY
Unverified figures: Some figures on this page come from a second financial-data feed that could not be cross-checked against the primary source — the two do not share enough overlapping reported history to compare. They are drawn, because they are the only evidence there is, and every section carrying one is marked unverified. PEG is the exception: the quarterly curve is not drawn at all. PEG asks what is being paid for growth — both sides of that division come from the source that could not be checked, so it is withheld instead of marked.
01 · Price story

Price story Before the numbers, the tape. A stock price moves through four repeating seasons: a flat base (stage 1), an advance (2), a top (3), a decline (4). Where the price sits in that cycle frames everything below.

Suraj Estate Developers Ltd trades at ₹175, in a downtrend and 85 weeks into that stage. That is −22.7% against its own 200-day average. It sits at 0% of a 52-week range of ₹175 to ₹290. On relative strength it is currently behind the NIFTY 500 on a trailing-13-week view (4 weeks and counting).

Today the stock is in a downtrend — week 85 of stage 4, confirmed. At ₹175 it trades −22.7% versus its 200-day average and sits at 0% of its 52-week range (₹175–₹290).

Sep 26: ₹175 Weekly closing price (₹) with 50- and 200-day averages; shaded bands mark the price stage (grey base, green advance, amber top, red decline). 3-year window.
−22.7% versus the 200-day line, week 85 of stage 4
Price50-day avg200-day avg
S4S2S4₹849₹668₹487₹306₹125₹175₹226Dec 23Sep 24May 25Feb 26Sep 26
S4S2S4₹849₹668₹487₹306₹125₹175₹226Dec 23May 25Sep 26
Beating or trailing, week by week since 2023 Each cell is one week from 2023 to now (147 weeks): the stock's trailing 13-week return minus the NIFTY 500's, green ahead / red behind (±25% ramp). Grey cells are the 13-week warm-up or weeks where the NIFTY 500 reading is not held.
trailing 13-week return vs the NIFTY 500
Dec 23Sep 26

Against the market, two honest reads. Cumulative: over the last 2.7 years the stock moved −47% while the NIFTY 500 moved +18% — behind the index over the full window. Recent form: on a trailing-13-week view the stock is currently behind (4 weeks and counting; last ahead the week of 2026-08-14) — the ribbon below is that same metric, week by week.

What would end the trend, mechanically: two Friday closes in a row below the 200-day line. That is the exit rule — no debates.

02 · Valuation

Valuation P/E is the price of ₹1 of annual profit: how many rupees the market pays for each rupee the company earns in a year.

Suraj Estate Developers Ltd trades at 9.1× P/E, about the cheapest it has ever traded. Its long-run median P/E is 14.8×, measured across 2.7 years of weekly readings. This places the multiple against the stock’s own record, and says nothing about what the business is worth.

Today's P/E of 9.1× is about the cheapest it has ever traded, against a long-run median of 14.8× measured over 2.7 years of weekly readings. This is a comparison against the stock's own history — not a claim about what it is worth.

P/E 9.1× vs a 14.8× long-run median P/E, weekly (left axis); earnings per share, trailing twelve months, weekly (right axis). 2.7-year window; loss-period spikes above 40× shown pinned at the top. The eps (ttm) bars are red where the reading is lower than the quarter before.
about the cheapest it has ever traded
P/EMedianEPS (TTM) (quarterly)
42.5×₹24.233.4×₹18.224.3×₹12.115.3×₹6.16.2×₹0.0×9.10×₹19Dec 23Sep 24May 25Feb 26Sep 26
42.5×₹24.233.4×₹18.224.3×₹12.115.3×₹6.16.2×₹0.0×9.10×₹19Dec 23May 25Sep 26
P/E
9.1×
1st percentile of 3y

Why the multiple sits where it does: over the past year annual EPS moved −9.9% against a −39.7% price move — earnings outran the price, pushing the multiple DOWN its own range.

Put together: the multiple is low against its own past, so the story rests on the earnings line underneath it, not the multiple.

A quarterly PEG curve, which only the second data source carries, is not drawn on this page: its two data sources do not share enough overlapping reported history to be compared. A figure nobody could check is not used to price growth — the gap is a decision, not missing data.

03 · What the price assumes

What the price assumes This reading works the multiple backwards. It asks one question: what yearly rate of profit growth is a buyer at the market price already paying for? The number is the growth rate that makes eleven years of profit — six years growing, then five fading — add up to that day's market price, once each year is discounted at 11% a year.

Solved at its 13 June 2026 price, Suraj Estate Developers Ltd was paying for profit growth of about 2.8% a year. Profit itself has compounded 72.3% a year over the past 7 years. Today the market pays 9.1× P/E, the 1st percentile of its own 3-year range.

What the two numbers say together. The multiple is low against its own past, and the growth the price is paying for is below what this company has actually delivered.

How to hold this number: it is a reading of one day's price, taken on 13 June 2026, not a running figure — every other number on this page, the multiple included, is read off the live quote as of 11 September 2026. A higher price is paying for more growth and a lower price for less, so it moves whenever the price does, and this page does not restate it between measurements.

04 · Stage: Mixed

Stage: Mixed Every business sits somewhere on a fundamental arc, and this page names the spot before anything else. The last twelve quarters of revenue, profit and EPS growth — plus the return the business earns on its capital — are read as curves: Deteriorating (the curves are falling), Turning around (a trough has just formed and the last few quarters lift off it), Improving (the climb off the trough is sustained), Consistent (steadily positive with healthy returns), Topping out (still high but decelerating from the peak). When the curves genuinely disagree the read is Mixed; too little history is No read. CAGR (compound annual growth rate) is the smooth yearly pace that turns the starting value into the latest one — the fairest way to compare growth across different time spans. Read the columns together: if the 1-year number towers over the 10-year, recent growth is running hotter than the long-run trend. A dash means that window is not held, or the base year was a loss (where a growth rate is not meaningful).

Suraj Estate Developers Ltd reads as mixed on its fundamental arc. Mixed — no clean majority across the growth curves, ROCE slipping at 15.0% — the per-curve reads carry the story. The read is built from 9 quarters across 3 curves, on partial evidence.

Growth, year by year: revenue +1.3% in FY26, profit −10.0% Year-over-year growth per fiscal year, %: revenue (left axis); net profit and EPS (right axis — profit growth swings far wider). Zero line drawn. Turnaround-year spikes shown pinned (▲).
Revenue YoYProfit YoYEPS YoY
190%325%139%234%89%142%38%50%−13%−41%%%1.3%−10%FY19FY22FY26
190%325%139%234%89%142%38%50%−13%−41%%%1.3%−10%FY19FY22FY26
Three growth curves, twelve quarters Year-on-year growth of trailing-twelve-month revenue (left axis), profit and EPS (right axis — they swing far wider), % at each quarter-end. Where the trailing-twelve-month history is short, the curve falls back to single-quarter year-on-year growth — noisier, and the classifier smooths and caps base-effect spikes before reading. A missing point means that reading is not held for the quarter.
the trajectory the stage is read from · revenue rolling over, profit rolling over
RevenueProfitEPS
67%111%42%71%17%31%−8.8%−9.7%−34%−50%%%9.8%9.5%−2.1%Sep 23Dec 24Jun 26
67%111%42%71%17%31%−8.8%−9.7%−34%−50%%%9.8%9.5%−2.1%Sep 23Dec 24Jun 26
ROCE Annual readings — the quarterly balance-sheet pieces this curve needs are not held for this stock, so the returns read moves once a year and carries less weight in the call.
the return curve, annual readings
ROCE
30%26%22%18%14%%15%FY23FY24FY26
30%26%22%18%14%%15%FY23FY24FY26
Revenue growth
Steady high
latest +9.8% · span −27.2% to +36.0%
Profit growth
Flat
latest +9.5% · span −38.9% to +88.2%
ROCE
Falling
latest 15.0% · span 15.0%–29.0%

Why it matters: when the curves disagree, the per-curve reads above matter more than any single verdict.

One or more growth curves carry a base-effect spike — a large year-on-year move off a near-zero or loss-making comparable quarter. Those spikes are capped before the classifier reads the trajectory, and shown pinned on the chart, so a single distorted quarter does not drive the stage call.

Return readings here are annual, not quarterly — read as level and direction only; they can confirm the growth curves but never drive the stage on their own.

A partial read: at least one curve is short, or the returns curve is not the computed quarterly series — hold the stage word a little more loosely.

Compound annual growth rate (%) Compound annual growth rate over each window, %. Revenue, profit and EPS from fiscal-year figures; share price is the price CAGR over the same spans. A dash = that window is not held, or the base was a loss.
1yr3yr5yr10yr
Revenue+1.3%+22.0%+18.3%
Profit−10.0%+41.2%+71.9%
EPS−9.9%+25.0%+14.9%
Share price−39.7%
Revenue YoY (Jun 26)
+9.8%
latest quarter vs a year ago
Profit YoY (Jun 26)
+9.5%
latest quarter vs a year ago
Revenue 10y
48.4%
long-run compound pace
05 · 4-Factor Sector Score

4-Factor Sector Score

47.9/100 — rank 16 of 26 in Realty - Construction & Contracting · 87% evidence confidence

Suraj Estate Developers Ltd scores 47.9 out of 100 against the 26 companies it is compared with in Realty - Construction & Contracting, ranking 16. Cheap but unconfirmed: require improving earnings before treating the valuation as an opportunity.

The four contributions add to the total exactly: 13.2 + 17.7 + 13.8 + 3.2 = 47.9. This is the SAME number shown on the sector comparison — it is computed once, for the whole peer set, and read here.

What would change it: The read weakens if profit growth turns negative or margin improvement reverses while sector-relative strength deteriorates.

06 · Revenue

Revenue Revenue is the top line: everything the company billed its customers in the period.

Suraj Estate Developers Ltd reported ₹145 Cr of revenue in the Jun 26 quarter, +9.8% year on year. Over 7 years it has compounded at 48.4% a year. The last full year, FY26, came in at ₹556 Cr. The last four reported quarters add to ₹569 Cr.

FY26 revenue came in at ₹556 Cr (+1.3% on the year), capping 7 years at 48.4% compound. The latest quarter (Jun 26) printed ₹145 Cr, +9.8% year on year.

FY26 revenue ₹556 Cr (+1.3% YoY) Revenue bars, ₹ Cr (left); YoY growth-% line (right). 8-year window. A bar is red when it is lower than the year before.
48.4% a year over 7 years
RevenueYoY growth
600190%450139%30089%15038%0−13%₹ Cr%₹5561.3%FY19FY22FY26
600190%450139%30089%15038%0−13%₹ Cr%₹5561.3%FY19FY22FY26
Jun 26: ₹145 Cr (+9.8% YoY) Quarterly revenue bars, ₹ Cr (left); YoY growth-% line (right). Last 12 quarters. A bar is red when it is lower than the quarter before.
Revenue (quarterly)YoY growth
19467%14642%9717%49−8.8%0−34%₹ Cr%₹1459.8%Sep 23Dec 24Jun 26
19467%14642%9717%49−8.8%0−34%₹ Cr%₹1459.8%Sep 23Dec 24Jun 26

Pace check: the last four quarters averaged +5.4% growth against the decade's 48.4% — the current year is running slower than its own long-run rate.

Acceleration check: trailing-twelve-month revenue grew +4.0% over the last 4 quarters against +13.3%/yr over the last 8 — rolling over; TTM profit +1.1% vs +5.3%/yr — rolling over.

07 · Operating margin

Operating margin Operating margin is what is left of every ₹100 of sales after running the business, before interest and tax. It is the cleanest read on pricing power and cost control.

Suraj Estate Developers Ltd's operating margin is 37.0% in the Jun 26 quarter, +0.0 percentage points against the same quarter a year ago. Across 8 fiscal years the operating margin has ranged 36.0% to 157.0%. The current quarter sits inside that band.

The latest quarter's operating margin is 37.0%, +0.0 pp against the same quarter a year ago. Across 8 fiscal years the operating margin has ranged 36.0%–157.0%.

🚨 Why the margin moved: operating margin went −0.6 pp year on year while gross margin went +5.7 pp — the loss came mostly from the gross line: input costs and pricing.

FY26: 39.0% Operating margin by fiscal year, %, line (left); year-on-year change in the margin, in percentage points, line (right). 8-year window.
within a 36.0–157.0% band over 8 years
operating marginYoY change (pp)
167%19%132%−7.3%97%−34%61%−61%26%−87%%%39%2%FY19FY22FY26
167%19%132%−7.3%97%−34%61%−61%26%−87%%%39%2%FY19FY22FY26
Jun 26: 37.0% operating margin (+0.0 pp YoY) Quarterly operating margin, %, line (left); year-on-year change in the margin, in percentage points, line (right). Last 12 quarters. Operating profit as a share of revenue, per quarter.
Operating marginYoY change (pp)
70%33%57%14%44%−5.5%31%−25%18%−44%%%37%0%Sep 23Dec 24Jun 26
70%33%57%14%44%−5.5%31%−25%18%−44%%%37%0%Sep 23Dec 24Jun 26
08 · Net profit

Net profit Net profit is what survives every cost, interest and tax — the number EPS, dividends and book value all grow from.

Suraj Estate Developers Ltd earned ₹23.0 Cr of net profit in the Jun 26 quarter, +9.5% year on year. Full-year FY26 profit was ₹90.0 Cr. The 7-year compound rate is 72.3%. That is 15.9% of the quarter's revenue. The same quarter a year earlier earned ₹21.0 Cr.

Jun 26 profit was ₹23.0 Cr, +9.5% year on year. On the full year, FY26 printed ₹90.0 Cr (−10.0%), and the 7-year compound rate is 72.3%.

FY26 profit ₹90.0 Cr (−10.0% YoY) Net profit bars, ₹ Cr (left); YoY growth-% line (right). 8-year window. A bar is red when it is lower than the year before.
72.3% a year over 7 years
Net profitYoY growth
108379%81274%54170%2766%0−39%₹ Cr%₹90−10%FY19FY22FY26
108379%81274%54170%2766%0−39%₹ Cr%₹90−10%FY19FY22FY26
Jun 26: ₹23.0 Cr (+9.5% YoY) Quarterly net profit bars, ₹ Cr (left); YoY growth-% line (right). Last 12 quarters. A bar is red when it is lower than the quarter before.
Net profit (quarterly)YoY growth
36111%2771%1831%9−9.7%0−50%₹ Cr%₹239.5%Sep 23Dec 24Jun 26
36111%2771%1831%9−9.7%0−50%₹ Cr%₹239.5%Sep 23Dec 24Jun 26

Why profit moved: revenue contributed +9.8% and the margin +0.0 pp — the quarter was revenue-led, with the margin roughly flat.

Pace comparison, last four quarters: profit −0.3% vs revenue +5.4%. Profit is growing slower than sales — costs are eating the growth before it reaches the bottom line.

09 · Cash flow — the router

Cash flow — the router The P&L says what was earned; the cash-flow statement says what actually arrived. Operating cash flow (CFO) against profit is the cleanest lie detector in the accounts.

Over the last 3 fiscal years −137% of Suraj Estate Developers Ltd's reported profit arrived as operating cash — a gap worth watching. In FY26 that was ₹−54.0 Cr of operating cash against ₹90.0 Cr of profit. After ₹34.0 Cr of capital spending, ₹−88.0 Cr was left as free cash.

FY26: operating cash of ₹−54.0 Cr against reported profit of ₹90.0 Cr, leaving free cash of ₹−88.0 Cr after ₹34.0 Cr of capital spending. Across the last 3 fiscal years the conversion rate is −137% of profit.

Cash-flow readings here are annual — that is the resolution our series carries, so this section moves once a year.

FY26: CFO ₹−54.0 Cr vs profit ₹90.0 Cr Operating cash flow and net profit by fiscal year, ₹ Cr; the line is free cash flow (CFO minus capital spending). 8-year window, annual resolution.
−137% of 3-year profit arrived as cash
Operating cashNet profitFree cash
23085−60−205−350₹ Cr₹−54₹90₹−88FY19FY22FY26
23085−60−205−350₹ Cr₹−54₹90₹−88FY19FY22FY26
FY26: CFO = −60% of profit (three-year rate −137%) Operating cash as a share of net profit, per fiscal year, % (line). Dashed line = 100% — every unit of profit arriving as cash; outlier years shown pinned.
Conversion100%
536%−320%−1,175%−2,031%−2,886%%−60%FY19FY22FY26
536%−320%−1,175%−2,031%−2,886%%−60%FY19FY22FY26

🚨 Why conversion sits at −137%: the cash cycle tightened 46 days between FY21 and FY26 — cash that used to wait in the cycle now reaches the bank sooner. Less than 70% of profit arriving as cash is the thing to watch on this page.

Router verdict: the bigger cash user is investment — capital spending ran 4.6× depreciation over three years, so the next section's job is to check what that build-out is buying.

10 · Where the cash goes

Where the cash goes Working capital is the cash tied up between paying suppliers and getting paid: debtor days (customers owe), inventory days (stock waits), and the cash conversion cycle (the whole loop, in days of sales).

Suraj Estate Developers Ltd's cash conversion cycle runs 77 days in FY26, down from 123 days in FY21. Capital spending ran ₹64.0 Cr over the last 3 years. At FY26 sales of ₹556 Cr each day of that cycle holds about ₹1.5 Cr, so roughly ₹117 Cr sits inside the business at any moment.

FY26: debtors at 77 days (an asset-light business — no inventory to speak of) — for a full cycle of 77 days, tighter than FY21's 123.

In money terms: at FY26 sales of ₹556 Cr, each day of the cycle holds about ₹1.5 Cr — so the 77-day loop keeps roughly ₹117 Cr sitting inside the business at any moment.

FY26: a 77-day cash cycle Debtor days, inventory days, payable days and the cash conversion cycle by fiscal year. 8-year window.
−46 days vs FY21
Cash cycleInventory daysDebtor daysPayable days
1,6351,206778349−80days77d1,517d77d39dFY19FY20FY22FY24FY26
1,6351,206778349−80days77d1,517d77d39dFY19FY22FY26

On the investment side: capital spending of ₹64.0 Cr over the last 3 fiscal years against ₹14.0 Cr of depreciation — the company is building well ahead of wear-and-tear. Capital work-in-progress stands at ₹0.0 Cr (FY26) — capacity paid for but not yet earning.

FY26: capex ₹34.0 Cr, work-in-progress ₹0.0 Cr Capital spending per fiscal year, ₹ Cr (bars); capital work-in-progress, ₹ Cr (line). Quarterly capital-spending history is not held for India — annual is the honest resolution.
a build-out
CapexWork-in-progress
37281890₹ Cr₹34₹0FY20FY21FY23FY24FY26
37281890₹ Cr₹34₹0FY20FY23FY26

The synthesis: the cash is going into capacity, not disappearing into the cycle — the question becomes whether the new capacity earns.

11 · Return on capital

Return on capital Return on capital employed (ROCE) is the profit the whole business earns on all the money in it — equity and debt together. It is the single best test of whether growth creates value or just size.⚠ unverified

Suraj Estate Developers Ltd earns a ROCE of 15% in FY26. Return on invested capital clears the cost of that capital by −1.9 percentage points, so growth here is not yet paying for the capital it uses. The wiring behind it is 16.2% net margin on 0.28× asset turns.

FY26 ROCE is 15%.

🚨 Why the return is what it is — the wiring (FY26): 16.2% net margin × 0.28× asset turns × 1.97× balance-sheet leverage ≈ 8.9% on equity. Margin is doing the heavy lifting; leverage is a meaningful part of the equation.

The capstone test — ROIC − WACC: 10.1% − 12.0% = a −1.9 pp spread. The 12.0% is a standing assumption for the cost of capital in India, not a per-stock estimate — read the sign and the size of the spread, not the decimals. Negative — growth at these returns destroys value until the returns recover.

FY26: ROCE 15% Return on capital employed by fiscal year, % (line); ROIC by fiscal year, % (line). 7-year window, dips included. Dashed line = the 12.0% cost of capital used on this page.
the full ladder
ROCEROIC (annual)WACC
30%25%20%14%8.9%%15%10.4%FY20FY23FY26
30%25%20%14%8.9%%15%10.4%FY20FY23FY26
Q4 FY26: ROCE 13.8% (TTM) vs WACC 12.0% Trailing-twelve-month ROCE and ROIC, per quarter, %; dashed line = the cost of capital. Last 12 quarters, put on a trailing-twelve-month basis and anchored to the annual figure.
ROCE (TTM)ROIC (TTM)WACC
32%26%20%15%8.9%%13.8%10.5%Q1 FY24Q2 FY25Q4 FY26
32%26%20%15%8.9%%13.8%10.5%Q1 FY24Q2 FY25Q4 FY26
12 · Debt

Debt Debt-to-equity says how much of the business is funded by borrowings. Low is the safe corner; the trend matters as much as the level.⚠ unverified

Suraj Estate Developers Ltd carries total debt of ₹645 Cr against shareholder equity of ₹993 Cr as of Mar 26, a debt-to-equity of 0.65. On the annual view that ratio went from 0.84 in FY24 to 0.65 in FY26. Read the returns elsewhere on this page with that leverage in mind.

Mar 26: total debt of ₹645 Cr against shareholder equity of ₹993 Cr — a debt-to-equity of 0.65. On the annual view, debt-to-equity went from 0.84 (FY24) to 0.65 (FY26). Read the returns on this page with that leverage in mind.

FY26: debt ₹645 Cr at 0.65× equity Total debt by fiscal year, ₹ Cr (bars); debt-to-equity, × (line). 3-year window.
Total debtDebt-to-equity
6970.9×5220.8×3480.7×1740.6×00.5×₹ Cr×₹6450.65×FY24FY25FY26
6970.9×5220.8×3480.7×1740.6×00.5×₹ Cr×₹6450.65×FY24FY25FY26
Mar 26: debt ₹645 Cr, debt-to-equity 0.65 Total debt per quarter, ₹ Cr (bars); debt-to-equity, × (line). Last 12 quarters. India reports the full balance sheet half-yearly, so the intervening quarter carries the prior reading forward.
Total debt (quarterly)Debt-to-equity
6977.5×5225.6×3483.7×1741.9×00.0×₹ Cr×₹6450.65×Jun 23Sep 24Mar 26
6977.5×5225.6×3483.7×1741.9×00.0×₹ Cr×₹6450.65×Jun 23Sep 24Mar 26
13 · Ownership

Ownership Who owns the stock, quarter by quarter: promoters (the controlling owners), foreign and domestic institutions, and the public. Steady accumulation by people close to the numbers is a signal; a quiet register is also an answer.

Promoters cut 5.2 points of Suraj Estate Developers Ltd over 8 quarters, the biggest move on the register. That takes promoters to 69.8% of the company. Foreign institutions moved −1.2 points over the same window, to 1.3%. The register is read on the four disclosed classes only; nothing is inferred between filings.

The register over the last two years — Promoters: −5.2 points over 8 quarters to 69.8%; Foreign institutions: −1.2 points over 8 quarters to 1.3%; Domestic institutions: −0.4 points over 8 quarters to 1.0%.

🚨 Why the register moved: promoters drove it (−5.2 points), alongside foreign institutions (−1.2 points) — distribution into the market’s bid.

Fiscal-year ends: promoters −5.2 pts from Mar 24 to Mar 26 Shareholding at each fiscal-year end (March quarter), % of the company. 3 year-ends held.
PromotersForeign inst.Domestic inst.Public
81%59%38%17%−4.8%%69.8%2.2%1.1%26.9%Mar 24Mar 25Mar 26
81%59%38%17%−4.8%%69.8%2.2%1.1%26.9%Mar 24Mar 25Mar 26
Promoters cut 5.2 points over 8 quarters Shareholding by holder class, % of the company, quarterly, last 11 quarters.
PromotersForeign inst.Domestic inst.Public
81%59%38%16%−5.0%%69.8%1.3%1.0%27.9%Dec 23Mar 25Jun 26
81%59%38%16%−5.0%%69.8%1.3%1.0%27.9%Dec 23Mar 25Jun 26
14 · Safety line

Safety line The Z-score estimates how far a company sits from balance-sheet distress — above roughly 3 is safe, below roughly 1.8 is the danger zone. It was built for manufacturers, so it is not applied to banks and lenders.

Suraj Estate Developers Ltd: the Z-score is not available for this stock, so we say so rather than invent one. It is a distance-to-distress estimate from the balance sheet, not a forecast of failure. The debt, cash-flow and return sections above carry the balance-sheet evidence this page does hold, and each of them states its own reporting date.

The safety line in one sentence: the Z-score is not available for this stock, so we say so rather than invent one.

15 · Related companies · Realty - Construction & Contracting
CompanyScorePrice stageGrowth & earnings/35Capital efficiency/25Valuation/20Relative strength/20
1Arihant Foundations & Housing LtdARIHANT 65.0/100Favorable setup81% evidence BREAKING OUT 21.1/35 Revenue 88.8% · PAT 38.8% · OPM change 1 pp 95% evidence 19.5/25 ROCE 17.5% · OPM 27% 95% evidence 11.3/20 P/E 14.1× · PEG — 50% evidence 13.1/20 RS sector 10.4% · RS bench -6.8% · 1Y -17.6%7 of 10 weeks ahead 70% evidence
Exact sum: 21.1 + 19.5 + 11.3 + 13.1 = 65 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
2Eldeco Housing & Industries LtdELDEHSG 62.1/100Mixed-positive evidence81% evidence ASLEEP 27.7/35 Revenue 38.1% · PAT 100% · OPM change 25 pp 95% evidence 14.0/25 ROCE 7.7% · OPM 36% 95% evidence 6.9/20 P/E 21.2× · PEG — 50% evidence 13.5/20 RS sector 28.2% · RS bench -5.6% · 1Y 2.5%0 of 10 weeks ahead 70% evidence
Exact sum: 27.7 + 14 + 6.9 + 13.5 = 62.1 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
3Ashiana Housing LtdASHIANA 59.8/100Mixed-positive evidence100% evidence ASLEEP 29.3/35 Revenue 37% · PAT 100% · OPM change 3 pp 100% evidence 13.5/25 ROCE 14% · OPM 7% 100% evidence 5.6/20 P/E 29.5× · PEG 4.68 100% evidence 11.4/20 RS sector 2.8% · RS bench 6.9% · 1Y 10.6%6 of 12 weeks ahead 100% evidence
Exact sum: 29.3 + 13.5 + 5.6 + 11.4 = 59.8 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
4PVP Ventures LtdPVP 57.9/100Mixed-positive evidence72% evidence BREAKING OUT 22.5/35 Revenue 100% · PAT 100% · OPM change 0 pp 71% evidence 6.6/25 ROCE 6.4% · OPM 29% 95% evidence 8.8/20 P/E 111× · PEG — 15% evidence 20.0/20 RS sector 92.4% · RS bench 99.4% · 1Y 125.8%8 of 12 weeks ahead 100% evidence
Exact sum: 22.5 + 6.6 + 8.8 + 20 = 57.9 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
5Arvind SmartSpaces LtdARVSMART 56.6/100Mixed-positive evidence82% evidence BREAKING OUT 20.1/35 Revenue 5.3% · PAT 48% · OPM change 28 pp 95% evidence 16.3/25 ROCE 12.4% · OPM 49% 76% evidence 10.1/20 P/E 14.9× · PEG — 50% evidence 10.1/20 RS sector -2.4% · RS bench 1.4% · 1Y -3.2%5 of 12 weeks ahead 100% evidence
Exact sum: 20.1 + 16.3 + 10.1 + 10.1 = 56.6 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
6Raymond LtdRAYMOND 56.5/100Mixed-positive evidence75% evidence LEADER 18.8/35 Revenue 13.5% · PAT -80% · OPM change 3 pp 95% evidence 9.3/25 ROCE 3.1% · OPM 13% 76% evidence 9.0/20 P/E 39.7× · PEG — 15% evidence 19.4/20 RS sector 91.8% · RS bench 98.2% · 1Y 63.9%12 of 12 weeks ahead 100% evidence
Exact sum: 18.8 + 9.3 + 9 + 19.4 = 56.5 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
7Sunteck Realty LtdSUNTECK 53.5/100Mixed-positive evidence93% evidence TURNING 26.1/35 Revenue 55.5% · PAT 31.1% · OPM change 10 pp 100% evidence 8.3/25 ROCE 7.5% · OPM 35% 100% evidence 13.5/20 P/E 19.8× · PEG 0.87 65% evidence 5.6/20 RS sector -22.2% · RS bench -19.2% · 1Y -35.7%0 of 12 weeks ahead 100% evidence
Exact sum: 26.1 + 8.3 + 13.5 + 5.6 = 53.5 · Decision use: Acceleration candidate, not a confirmed leader: earnings are strong but sector-relative strength is -22.2% and the one-year return is -35.7%. Do not upgrade until sector-relative strength is above zero and another reported period confirms growth.
8Puravankara LtdPURVA 53.3/100Mixed-positive evidence61% evidence TURNING 25.3/35 Revenue 100% · PAT 100% · OPM change 9 pp 71% evidence 11.3/25 ROCE 11.2% · OPM 22% 76% evidence 9.5/20 P/E 31.4× · PEG — 15% evidence 7.2/20 RS sector -13.6% · RS bench -5.4% · 1Y -26.5%2 of 10 weeks ahead 70% evidence
Exact sum: 25.3 + 11.3 + 9.5 + 7.2 = 53.3 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
9AGI Infra LtdAGIIL 52.9/100Mixed-positive evidence93% evidence ASLEEP 19.2/35 Revenue 3.8% · PAT 43.1% · OPM change 9 pp 100% evidence 19.0/25 ROCE 20.1% · OPM 42% 100% evidence 10.7/20 P/E 33.3× · PEG 1.25 65% evidence 4.0/20 RS sector -13.1% · RS bench -9.5% · 1Y 15.6%2 of 12 weeks ahead 100% evidence
Exact sum: 19.2 + 19 + 10.7 + 4 = 52.9 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
10Kesar India Ltd543542 52.3/100Mixed-positive evidence67% evidence ASLEEP 14.7/35 Revenue 91.9% · PAT 12.6% · OPM change -6 pp 71% evidence 17.3/25 ROCE 23.4% · OPM 8% 76% evidence 8.9/20 P/E 82.1× · PEG — 15% evidence 11.4/20 RS sector 3.2% · RS bench 7.9% · 1Y 83.1%1 of 12 weeks ahead 100% evidence
Exact sum: 14.7 + 17.3 + 8.9 + 11.4 = 52.3 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
11Ajmera Realty & Infra India LtdAJMERA 52.2/100Mixed-positive evidence82% evidence BASING 21.8/35 Revenue 43.3% · PAT 23.5% · OPM change -1 pp 95% evidence 16.8/25 ROCE 14.3% · OPM 29% 76% evidence 9.2/20 P/E 14.9× · PEG — 50% evidence 4.4/20 RS sector -24.1% · RS bench -21.5% · 1Y -41.4%3 of 12 weeks ahead 100% evidence
Exact sum: 21.8 + 16.8 + 9.2 + 4.4 = 52.2 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
12Capacite Infraprojects LtdCAPACITE 52.0/100Mixed-positive evidence81% evidence ASLEEP 15.5/35 Revenue 12.4% · PAT -5.6% · OPM change -1 pp 95% evidence 15.3/25 ROCE 15.5% · OPM 16% 95% evidence 14.4/20 P/E 8.8× · PEG — 50% evidence 6.8/20 RS sector -7.6% · RS bench -20.1% · 1Y -35.3%1 of 10 weeks ahead 70% evidence
Exact sum: 15.5 + 15.3 + 14.4 + 6.8 = 52 · Decision use: Cheap but unconfirmed: require improving earnings before treating the valuation as an opportunity.
13Suratwwala Business Group LtdSBGLP 51.3/100Thin evidence · provisional56% evidence 18.4/35 Revenue 100% · PAT 100% · OPM change 45 pp 40% evidence 12.8/25 ROCE 12.4% · OPM 37% 71% evidence 13.9/20 P/E 16.8× · PEG — 50% evidence 6.2/20 RS sector -13.9% · RS bench -14.8% · 1Y -11.8%2 of 12 weeks ahead to 2026-04-19 70% evidence
Exact sum: 18.4 + 12.8 + 13.9 + 6.2 = 51.3 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
14Kolte Patil Developers LtdKOLTEPATIL 49.3/100Mixed-negative evidence78% evidence BREAKING OUT 15.1/35 Revenue 7.8% · PAT 47.1% · OPM change 53 pp 74% evidence 7.0/25 ROCE -0.3% · OPM 21% 100% evidence 13.9/20 P/E 31.2× · PEG 0.74 65% evidence 13.3/20 RS sector 1.1% · RS bench 14% · 1Y -5.9%6 of 10 weeks ahead 70% evidence
Exact sum: 15.1 + 7 + 13.9 + 13.3 = 49.3 · Decision use: Price leads the evidence: RS versus the benchmark is 14%, but earnings trajectory is weak. Wait for revenue and profit confirmation.
15Geecee Ventures LtdGEECEE 49.0/100Mixed-negative evidence87% evidence BREAKING OUT 12.1/35 Revenue -6.5% · PAT 20% · OPM change -24.9 pp 95% evidence 9.7/25 ROCE 6.3% · OPM 28.7% 95% evidence 9.4/20 P/E 16.7× · PEG — 50% evidence 17.8/20 RS sector 8.9% · RS bench 13% · 1Y -5.1%12 of 12 weeks ahead 100% evidence
Exact sum: 12.1 + 9.7 + 9.4 + 17.8 = 49 · Decision use: Price leads the evidence: RS versus the benchmark is 13%, but earnings trajectory is weak. Wait for revenue and profit confirmation.
16Suraj Estate Developers Ltdthis pageSURAJEST 47.9/100Mixed-negative evidence87% evidence ASLEEP 13.2/35 Revenue 4% · PAT 1.1% · OPM change 0 pp 95% evidence 17.7/25 ROCE 14.5% · OPM 37% 95% evidence 13.8/20 P/E 9.1× · PEG — 50% evidence 3.2/20 RS sector -25.6% · RS bench -22.8% · 1Y -42%0 of 12 weeks ahead 100% evidence
Exact sum: 13.2 + 17.7 + 13.8 + 3.2 = 47.9 · Decision use: Cheap but unconfirmed: require improving earnings before treating the valuation as an opportunity.
17Ganesh Housing LtdGANESHHOU 45.5/100Mixed-negative evidence100% evidence FADING 4.3/35 Revenue -28.6% · PAT -54.1% · OPM change -46 pp 100% evidence 18.2/25 ROCE 18.8% · OPM 39% 100% evidence 12.4/20 P/E 24× · PEG 0.31 100% evidence 10.6/20 RS sector -0.8% · RS bench 2.9% · 1Y -11.4%9 of 12 weeks ahead 100% evidence
Exact sum: 4.3 + 18.2 + 12.4 + 10.6 = 45.5 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
18Shriram Properties LtdSHRIRAMPPS 44.6/100Mixed-negative evidence87% evidence ASLEEP 19.0/35 Revenue 37% · PAT 13.6% · OPM change -12.9 pp 95% evidence 9.1/25 ROCE 8% · OPM -3.9% 95% evidence 12.9/20 P/E 13.4× · PEG — 50% evidence 3.6/20 RS sector -15.8% · RS bench -12.7% · 1Y -20.3%3 of 12 weeks ahead 100% evidence
Exact sum: 19 + 9.1 + 12.9 + 3.6 = 44.6 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
19Keystone Realtors LtdRUSTOMJEE 42.3/100Mixed-negative evidence76% evidence BASING 17.4/35 Revenue 52.6% · PAT -26.8% · OPM change 12.7 pp 95% evidence 10.1/25 ROCE 4.7% · OPM 17% 76% evidence 9.0/20 P/E 37.1× · PEG — 50% evidence 5.8/20 RS sector -11.6% · RS bench -23.4% · 1Y -44%0 of 10 weeks ahead 70% evidence
Exact sum: 17.4 + 10.1 + 9 + 5.8 = 42.3 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
20Omaxe LtdOMAXE 40.7/100Mixed-negative evidence63% evidence BREAKING OUT 13.4/35 Revenue -8.3% · PAT 29.6% · OPM change 61.9 pp 71% evidence 2.3/25 ROCE -110% · OPM 1.8% 95% evidence 10.0/20 P/E — · PEG — 0% evidence 15.0/20 RS sector 4% · RS bench 52.4% · 1Y 42.7%6 of 10 weeks ahead 70% evidence
Exact sum: 13.4 + 2.3 + 10 + 15 = 40.7 · Decision use: Price leads the evidence: RS versus the benchmark is 52.4%, but earnings trajectory is weak. Wait for revenue and profit confirmation.
21Hubtown LtdHUBTOWN 39.3/100Mixed-negative evidence77% evidence BASING 13.5/35 Revenue 29.1% · PAT -12.2% · OPM change -4 pp 100% evidence 9.4/25 ROCE 9.5% · OPM 18% 100% evidence 9.9/20 P/E 27.4× · PEG — 15% evidence 6.5/20 RS sector -10.6% · RS bench -20.4% · 1Y -44.5%0 of 10 weeks ahead 70% evidence
Exact sum: 13.5 + 9.4 + 9.9 + 6.5 = 39.3 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
22Valor Estate LtdDBREALTY 37.9/100Mixed-negative evidence93% evidence ASLEEP 23.6/35 Revenue -49.5% · PAT 100% · OPM change 24.4 pp 100% evidence 6.5/25 ROCE 1.6% · OPM 20.8% 100% evidence 4.3/20 P/E 440.4× · PEG 4.19 65% evidence 3.5/20 RS sector -20.1% · RS bench -17.3% · 1Y -43.5%6 of 12 weeks ahead 100% evidence
Exact sum: 23.6 + 6.5 + 4.3 + 3.5 = 37.9 · Decision use: Acceleration candidate, not a confirmed leader: earnings are strong but sector-relative strength is -20.1% and the one-year return is -43.5%. Do not upgrade until sector-relative strength is above zero and another reported period confirms growth.
23Hemisphere Properties India LtdHEMIPROP 37.5/100Thin evidence · provisional56% evidence BASING 10.3/35 Revenue -4.2% · PAT -46.1% · OPM change -134.2 pp 74% evidence 4.8/25 ROCE -1.1% · OPM — 64% evidence 10.0/20 P/E — · PEG — 0% evidence 12.4/20 RS sector 6.5% · RS bench -11.7% · 1Y -31.6%1 of 10 weeks ahead 70% evidence
Exact sum: 10.3 + 4.8 + 10 + 12.4 = 37.5 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
24Peninsula Land LtdPENINLAND 34.0/100Adverse evidence69% evidence TURNING 11.5/35 Revenue -50.7% · PAT -80% · OPM change -43.7 pp 71% evidence 6.7/25 ROCE 4.9% · OPM -19.4% 95% evidence 10.0/20 P/E — · PEG — 0% evidence 5.8/20 RS sector -29% · RS bench -26.7% · 1Y -54.3%2 of 12 weeks ahead 100% evidence
Exact sum: 11.5 + 6.7 + 10 + 5.8 = 34 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
25SignatureGlobal India LtdSIGNATURE 30.7/100Adverse evidence93% evidence BASING 13.0/35 Revenue -23% · PAT 100% · OPM change -11.8 pp 100% evidence 3.5/25 ROCE 2.6% · OPM -8% 100% evidence 7.6/20 P/E 10.1× · PEG 3.94 65% evidence 6.6/20 RS sector -19.2% · RS bench -16.1% · 1Y -31.3%0 of 12 weeks ahead 100% evidence
Exact sum: 13 + 3.5 + 7.6 + 6.6 = 30.7 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
26Laxmi Goldorna House LtdLGHL 28.6/100Adverse evidence80% evidence BASING 8.8/35 Revenue 12.4% · PAT -80% · OPM change -6 pp 95% evidence 10.3/25 ROCE 10.1% · OPM 12.1% 95% evidence 8.5/20 P/E 569× · PEG — 15% evidence 1.0/20 RS sector -31.5% · RS bench -28.8% · 1Y -46.8%0 of 12 weeks ahead 100% evidence
Exact sum: 8.8 + 10.3 + 8.5 + 1 = 28.6 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

Missing observations are not scored as bad. Their missing weight lowers confidence and pulls the final score toward neutral. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step curve the sector itself is placed on — basing, turning, breaking out, leader, fading, asleep — read from how many weeks running it has led NIFTY 500 and whether that lead is widening or shrinking. It describes where the PRICE stands, not the earnings trajectory and not a recommendation, and it is left blank for a company whose weekly history is too short or too stale to read.

16 · Frequently asked questions

Frequently asked questions

What is Suraj Estate Developers Ltd's share price today?

Suraj Estate Developers Ltd trades at ₹175, −39.7% over the past year. The company is valued at ₹834 Cr. The stock sits at the very bottom of its 52-week range (₹175–₹290), −22.7% versus its 200-day average. On the tape, the price is in a downtrend, 85 weeks in. — as of 11 September 2026.

What were Suraj Estate Developers Ltd's latest quarterly results?

Suraj Estate Developers Ltd reported revenue of ₹145 Cr and net profit of ₹23.0 Cr for the Jun 26 quarter. Revenue rose 9.8% and profit rose 9.5% year on year. Earnings per share were ₹4.78. The operating margin was 37.0%, 0.0 pp higher than a year earlier. — as of 11 September 2026.

What is Suraj Estate Developers Ltd's revenue?

Suraj Estate Developers Ltd reported revenue of ₹145 Cr in the Jun 26 quarter, +9.8% year on year. For the full FY26 fiscal year, revenue was ₹556 Cr (+1.3%). Over the last 7 years revenue compounded at 48.4% a year. — as of 11 September 2026.

What is Suraj Estate Developers Ltd's profit?

Suraj Estate Developers Ltd earned ₹23.0 Cr of net profit in the Jun 26 quarter, +9.5% year on year. Full-year FY26 profit was ₹90.0 Cr. The operating margin ran 37.0% in the latest quarter. — as of 11 September 2026.

What is Suraj Estate Developers Ltd's market cap?

Suraj Estate Developers Ltd's market capitalisation is ₹834 Cr at a share price of ₹175. Market cap is the share price multiplied by shares outstanding, so it is restated whenever the price moves. — as of 11 September 2026.

What is Suraj Estate Developers Ltd's P/E ratio?

Suraj Estate Developers Ltd trades at a P/E of 9.1×, at the 1st percentile of its own 3-year range, against a long-run median of 14.8×. This is a comparison with the stock's own history, not a value call — as of 11 September 2026.

Does Suraj Estate Developers Ltd pay a dividend?

Not in its latest year — Suraj Estate Developers Ltd's dividend payout was 0% of profit in FY26. It did record a payout in 1 of its last 8 reported fiscal years, so there is a history but no current dividend. — as of 11 September 2026.

Is Suraj Estate Developers Ltd overvalued?

On its own history, Suraj Estate Developers Ltd looks cheap: its P/E of 9.1× has been cheaper only 1% of the time in 3 years (long-run median 14.8×). That is a percentile read against the stock's own past, not a price opinion or a direction call. — as of 11 September 2026.

Is Suraj Estate Developers Ltd growing?

Yes — Suraj Estate Developers Ltd is growing: latest-quarter revenue +9.8% year on year, profit +9.5%, and the margin +0.0 pp at 37.0%. The 7-year compound rates are 48.4% (revenue) and 72.3% (profit). The earnings engine currently reads: improving — as of 11 September 2026.

How is Suraj Estate Developers Ltd performing?

Suraj Estate Developers Ltd is in a downtrend, 85 weeks in. Its latest quarter's revenue rose 9.8% and profit rose 9.5% year on year. Against the NIFTY 500 it has been behind on a trailing-13-week view for 4 weeks. This describes what the data did, not a rating. — as of 11 September 2026.

What stage is Suraj Estate Developers Ltd in?

Mixed — no clean majority across the growth curves, ROCE slipping at 15.0% — the per-curve reads carry the story. The read comes from the last 12 quarters of growth (revenue growth +9.8% latest, profit growth +9.5% latest) plus the ROCE curve, classified by deterministic rules — a trajectory read, not a buy or sell call — as of 11 September 2026.

Is Suraj Estate Developers Ltd in an uptrend?

No — the price is in a downtrend (week 85 of stage 4), trading −22.7% versus its 200-day average and at the very bottom of its 52-week range. Price stages cycle base → advance → top → decline, and the stage names where this stock sits in that cycle — as of 11 September 2026.

Is Suraj Estate Developers Ltd beating the market?

Not lately — on a trailing-13-week view Suraj Estate Developers Ltd is currently behind the NIFTY 500 (4 weeks and counting; last ahead the week of 2026-08-14), the same metric the week-by-week ribbon on this page draws. Separately, on the cumulative view: over the last 2.7 years the stock moved −47% against the NIFTY 500's +18% — behind the index over the full window. — as of 11 September 2026.

Will Suraj Estate Developers Ltd's share price go up?

This page publishes no price forecast for Suraj Estate Developers Ltd. What it measures instead: the share price is ₹175, the price is in a downtrend 85 weeks in. Its P/E of 9.1× sits at the 1st percentile of its own 3-year range. — as of 11 September 2026.

Who owns Suraj Estate Developers Ltd?

Promoters hold 69.8% of Suraj Estate Developers Ltd, foreign institutions 1.3%, domestic institutions 1.0% and the public 27.9% (latest quarter). The biggest move on the register over the last two years: Promoters cut 5.2 points over 8 quarters. — as of 11 September 2026.

Does Suraj Estate Developers Ltd have too much debt?

It is moderate — Suraj Estate Developers Ltd's debt-to-equity is 0.65, and operating profit covers the interest bill 2×. FY26 borrowings were ₹645 Cr against equity of ₹993 Cr. Read the returns on this page with that leverage in mind — as of 11 September 2026.

What is Suraj Estate Developers Ltd's capex?

Suraj Estate Developers Ltd spent ₹64.0 Cr on capital expenditure over the last 3 fiscal years, a figure derived from the change in fixed assets plus depreciation. In FY26 alone that was ₹34.0 Cr, with ₹0.0 Cr in capital work-in-progress — capacity paid for but not yet earning. — as of 11 September 2026.

What is Suraj Estate Developers Ltd's cash flow?

Suraj Estate Developers Ltd consumed ₹54.0 Cr of operating cash in FY26 — cash flowed out rather than in (free cash flow: ₹−88.0 Cr). Operating cash was negative while the company reported a profit of ₹90.0 Cr. Cash-flow resolution for India is annual. — as of 11 September 2026.

Is Suraj Estate Developers Ltd's profit real cash?

No — operating cash was negative over the last 3 fiscal years: Suraj Estate Developers Ltd consumed cash while reporting profit. In FY26, operating cash was ₹−54.0 Cr against reported profit of ₹90.0 Cr. Cash-flow resolution is annual — as of 11 September 2026.

Where is Suraj Estate Developers Ltd in its business cycle?

Suraj Estate Developers Ltd's FY26 operating margin was 39.0%, against a 8-year band of 36.0%–157.0%: the low end of its own band, which is where recoveries start when they come. The latest quarter ran 37.0%. Profitability versus a company's own long band is the cleanest cycle clock this page holds — as of 11 September 2026.

What growth does Suraj Estate Developers Ltd's price assume?

At its price on 13 June 2026, Suraj Estate Developers Ltd was priced for profit growth of about 2.8% a year. Profit itself has compounded 72.3% a year over the past 7 years. The figure reads the multiple backwards: the growth a buyer at that price was already paying for. — as of 11 September 2026.

What could break the Suraj Estate Developers Ltd story?

The sharpest disagreement: profits are rising, but only −137% of the last 3 years' profit arrived as operating cash — the gap between the P&L and the bank account is the thing to watch. Mechanically, two Friday closes in a row below the 200-day average would end the price trend — that is the exit rule this page tracks — as of 11 September 2026.

Is Suraj Estate Developers Ltd a stock worth studying right now?

This is not investment advice. The machine read: Suraj Estate Developers Ltd's stock has fallen further than its earnings. EPS fell 9.9% in a year while the price moved −39.7%. The sharpest open question: whether the cash starts following the profit. Every number on this page is drawn deterministically from the raw series, with no forecasts and no price opinions — as of 11 September 2026.

Sector Alpha — machine-written from the numbers · Data as of 2026-09-11. Every chart on this page is drawn by deterministic code from the raw series — no forecasts, no price opinions, and nothing here is investment advice.

Not SEBI Registered !! Not Investment advice !!

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