# Suraj Estate Developers share price today (Suraj Estate Developers Ltd, NSE: SURAJEST)

> Suraj Estate Developers share price today: ₹189.05 at the NSE close on 3 November 2026, down 34.7% in a year. Suraj Estate Developers (NSE: SURAJEST) is worth ₹906 crore, trades at a P/E of 11.1 and has closed between ₹170.99 and ₹290.35 over the past 52 weeks. > Suraj Estate Developers Ltd's P/E is near the low end of its own history, higher than only 26% of past readings, and its quarterly results are still getting worse. SURAJEST · Realty - Construction & Contracting · data as of 3 November 2026. Page: https://www.sectoralpha.in/stocks/suraj-estate-developers-ltd

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## Key numbers

- Business trend: Mixed, from fewer quarters than usual
- Price: ₹189.05 (−34.7% in a year)
- P/E: 11.1× (lower than 74% of the last 2.8 years)
- Revenue (Sep 2026): ₹170 Cr (+17.2% on a year ago)
- Profit (Sep 2026): ₹23.0 Cr (−30.3% on a year ago)
- Operating margin: 33.0% (−12.0 points on a year ago)
- ROCE: 14%, FY26
- ROIC: 8.8%, against a 12.0% cost of capital: −3.2 points

The main question: the P/E is near the low end of its own history, higher than only 26% of past readings, but results are getting worse. A low multiple can stay low until the quarters turn. ## What is the Suraj Estate Developers share price today? Suraj Estate Developers Ltd's share price was ₹189.05 at the close on 3 November 2026. It has been falling for 92 weeks. That is 13.1% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹171 and ₹290, and at that close it sat 15% of the way up from that low. Over the past 13 weeks it has done better than the NIFTY 500, and it has stayed ahead for 1 week in a row. Over the last 2.8 years the share price moved −43% while the NIFTY 500 moved +13%, so it is behind the index over that whole period. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What changed at Suraj Estate Developers this quarter? 2. Operating margin down 12 points on a year earlier 33% in the September 2026 quarter, from 45%. ## What are Suraj Estate Developers' latest quarterly results? For July to September 2026 (the quarter ended 30 September 2026), Suraj Estate Developers reported revenue of ₹170 crore, up 17.2% from ₹145 crore a year earlier, and a profit of ₹23.0 crore, down 30.3% from ₹33.0 crore. ### Suraj Estate Developers results: July to September 2026 against a year earlier

| Measure | July to September 2026 | July to September 2025 | Change |
| --- | --- | --- | --- |
| Revenue | ₹170 crore | ₹145 crore | +17.2% |
| Profit | ₹23.0 crore | ₹33.0 crore | −30.3% |
| Earnings per share | ₹4.82 | ₹6.93 | −30.4% |
| Operating margin | 33.0% | 45.0% | −12.0 points |

The next results, for October to December 2026, are due by 14 February 2027: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter). The newest call in our records is from 17 August 2026, about April to June 2026; a call about these results is not in our records yet. (From the company's reported quarterly results (quarter ended 30 September 2026). Revenue and profit in ₹ crore.)

## What is the Suraj Estate Developers share price history? Suraj Estate Developers closed at ₹189.05 on 3 November 2026, down 34.7% from ₹289.35 a year earlier (31 October 2025). Its highest weekly close since December 2023 was ₹798.95 on 16 August 2024. ### Suraj Estate Developers share price: then and now

| When | Close | Change to 3 Nov 2026 |
| --- | --- | --- |
| 1 week ago · 23 Oct 2026 | ₹170.99 | +10.6% |
| 1 month ago · 1 Oct 2026 | ₹200.15 | −5.5% |
| 6 months ago · 30 Apr 2026 | ₹233.48 | −19.0% |
| 1 year ago · 31 Oct 2025 | ₹289.35 | −34.7% |
| Earliest weekly close in our records · 29 Dec 2023 | ₹330.60 | −42.8% |
| Highest weekly close since December 2023 · 16 Aug 2024 | ₹798.95 | −76.3% |
| Lowest weekly close since December 2023, also the 52-week low · 23 Oct 2026 | ₹170.99 | +10.6% |
| 52-week high (weekly close) · 7 Nov 2025 | ₹290.35 | −34.9% |

Weekly closing prices. Each change is the move from that price to the 3 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes. (155 weekly closes from 29 December 2023 to 3 November 2026.)

## What is the latest news on Suraj Estate Developers? 3 Nov 2026: Suraj Estate Developers closed at ₹189.05, up 10.6% on the week and down 5.5% on the month. Results for July to September 2026: Revenue up 17.2% and profit down 30.3% on a year earlier. ### Earlier

- 17 Aug 2026: Suraj Estate Developers held its results call for April to June 2026. Management guided: FY27 launch pipeline totals about ₹1,600 crore: approximately ₹240 crore in Q2, ₹800-880 crore in Q3 and about ₹480 crore in Q4; Suraj Innova CC and RERA approvals expected soon. ## What dividend does Suraj Estate Developers pay? Suraj Estate Developers paid no dividend in the 12 months to 4 November 2026. The last was a dividend of ₹1 a share, ex-date 20 September 2024. ### Suraj Estate Developers dividends since 1 April 2021

| Ex-date | Dividend per share | Type |
| --- | --- | --- |
| 20 Sep 2024 | ₹1 | Dividend |

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date. The record date is the same day as the ex-date for every payment here. 1 of 5 Of the last 5 financial years, years with an NSE dividend record

Not in its latest year. Suraj Estate Developers Ltd paid out 0% of its profit as dividends in FY26. It did pay a dividend in 1 of its last 8 reported years, so there is a history but no current dividend. (From the NSE corporate-actions record, read 4 November 2026.)

## What did Suraj Estate Developers management say on the latest results call? On the call for April to June 2026, held on 17 August 2026, Suraj Estate Developers' management guided: FY27 launch pipeline totals about ₹1,600 crore: approximately ₹240 crore in Q2, ₹800-880 crore in Q3 and about ₹480 crore in Q4; Suraj Innova CC and RERA approvals expected soon. > “No, there is no timeline. Unless we get the plot, only then can we discuss amalgamation. I think the first step is to complete the conveyances and finalize the ownership tie-up. Then we can provide a timeline for the plot amalgamation. That is a process with the BMC, so I do not see that as an issue. The main requirement is to tie up the balance plots.”
> Rahul Thomas, on the call for April to June 2026

### What management guided

- FY27 accounting revenue growth of 10-15% versus the last financial year. - Operating margin of 35-37% for the next two years. - FY27 pre-sales goal of about ₹700 crore across residential and commercial; internal goal higher. - Suraj One Business Bay goal of at least 1 lakh sq ft booked across the total amalgamated plot during FY27. Management’s own plans and goals, from our notes of the call. A plan is not a result. Source: [the call transcript](https://files.tijorifinance.com/insight/india/48822/Conference Call/CC-Aug26.pdf). (From the call for April to June 2026, 17 August 2026. The July to September 2026 results are out since, so this part may be out of date until we update it.)

## What to watch in Suraj Estate Developers' next results? When Suraj Estate Developers reports October to December 2026, these are the 4 checks that show whether the story is still on course. First: FY27 launch cadence: check whether project approvals and scheduled launches translate into sales and collections on time. - What to check (from the call)
- FY27 launch cadence: check whether project approvals and scheduled launches translate into sales and collections on time. - Suraj One amalgamated portion: check RERA amendment, launch completion and sustained sales velocity before incremental pricing. - Bandra land assembly: check completion of remaining conveyances and preservation of next-financial-year launch readiness. - Cash conversion and leverage: check whether collections improve and debt follows the promised temporary-rise-then-decline path. ## Which stock lists is Suraj Estate Developers on? Suraj Estate Developers is on 2 of our India lists: 52 week high & low and Real estate, REIT & cement. - [52 week high & low 52-week position: Near 52-week low](https://www.sectoralpha.in/52-week-high-stocks-india)
- [Real estate, REIT & cement Group on the list: Home and office developers](https://www.sectoralpha.in/sectors/real-estate-stocks-india)

## Is Suraj Estate Developers profitable? Suraj Estate Developers Ltd earned ₹23.0 Cr of net profit in the Sep 2026 quarter, −30.3% on the same quarter a year earlier. Full-year FY26 profit was ₹90.0 Cr. Over 7 years profit has grown 72.3% a year on average. That is 13.5% of the quarter's revenue. The same quarter a year earlier earned ₹33.0 Cr. For the full year, FY26 profit was ₹90.0 Cr (−10.0% on the year before). Why profit moved: revenue changed +17.2% on a year earlier and the margin moved −12.0 percentage points. Sales did the work while the margin got thinner. On average over the last four quarters, profit changed −8.7% and revenue +1.4%. Profit is growing slower than sales: rising costs are taking part of the growth. ## How much revenue does Suraj Estate Developers make, and is it growing? Suraj Estate Developers Ltd reported ₹170 Cr of revenue in the Sep 2026 quarter, +17.2% on the same quarter a year earlier. That is the 2nd quarter in a row with growth on the year before. Over 7 years it has grown 48.4% a year on average. The last full year, FY26, came in at ₹556 Cr. The last four reported quarters add to ₹594 Cr. FY26 revenue was ₹556 Cr, +1.3% on the year before. Recent pace: the last four quarters grew +1.4% on average, against 48.4% a year over the longer run, so this year is growing slower than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +1.9%, against +15.0% a year over the last 8 quarters (rolling over); profit over the last 12 months grew −10.9%, against −8.5% a year (stabilising). ## How much of every ₹100 of sales does Suraj Estate Developers keep? Suraj Estate Developers Ltd's operating margin was 33.0% in the Sep 2026 quarter, 12.0 percentage points lower than the same quarter a year ago. Across 8 years it has been between 36.0% and 157.0%. The latest quarter is below every full year in that period. Why the margin moved: operating margin changed −12.2 percentage points on the year while gross margin changed −14.2 points. So the drop came mostly from the gross margin, which means input costs and prices charged. ## Is Suraj Estate Developers' profit turning into cash? Over the last 3 years Suraj Estate Developers Ltd's operations used more cash than they brought in, so cash conversion was −137%, a gap worth watching. In FY26 its operations used ₹54.0 Cr of cash, against ₹90.0 Cr of profit. After ₹34.0 Cr of spending on assets, free cash was −₹88.0 Cr: it spent more than its operations brought in. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why: the cash figure is clear, but the day counts behind it are not in our data, so we show it without guessing the reason. What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building. ## Where does Suraj Estate Developers' cash go? Suraj Estate Developers Ltd's customer, stock and supplier day counts come out in the thousands of days on sales this small (₹556 Cr in FY26), so no cash-cycle chart is drawn and this section looks at its spending on assets instead. It spent ₹64.0 Cr on assets over the last 3 years. Averaged over those years that is 3.8% of FY26 revenue a year. Spending on assets: ₹64.0 Cr over the last 3 years, against ₹14.0 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹0.0 Cr (FY26): assets paid for that are not earning yet. In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns. ## What is Suraj Estate Developers' P/E ratio, and how does it compare with its own history? Suraj Estate Developers Ltd's P/E is 11.1×, near the low end of its own history: it has been lower only 26% of the time. Its usual P/E (the middle reading) is 15.1×, over 2.8 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. Why the multiple is where it is: over the past year earnings per share moved −9.9% while the price moved −34.7%. Earnings did better than the price, which pulled the multiple down within its own range. In short: the multiple is low against its own past, so the earnings trend underneath matters more than the multiple. ## Is the Suraj Estate Developers business getting better or worse? Suraj Estate Developers Ltd's business is giving mixed signals. Revenue growth is rising at +17.2% (from single-quarter figures) while profit growth is falling at −30.3% (from single-quarter figures), so the lines disagree and each one tells part of the story. This is based on 10 quarters of 3 measures, with some gaps. Why it matters: when the lines disagree, each line above matters more than any single label. One or more growth lines have an extreme jump caused by comparing with a near-zero or loss-making quarter. Those jumps are capped before reading and drawn at the edge of the chart, so one odd quarter does not decide the result. This reading has some gaps: at least one line is short, or the return line is not the quarterly series, so treat it with a little more caution. ## How much does Suraj Estate Developers earn on its capital? Suraj Estate Developers Ltd earned a ROCE of 14% in FY26. Its return on capital used (ROIC) is 3.2 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses. It comes from a 16.2% net margin and 0.28× asset turnover (sales divided by assets). Why the return is what it is (FY26): a 16.2% net margin × 0.28× asset turnover × 1.97× leverage (assets divided by equity) ≈ 8.9% on equity. The margin does most of the work; borrowing is a big part of it. The key test, return on capital used minus the cost of capital: 8.8% − 12.0% = −3.2 percentage points. The 12.0% is a standard assumption for the cost of capital in India, not an estimate for this company. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve. The 8.8% ROIC above is the latest reading, as reported. The yearly chart below shows FY26 at 10.4%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method. ## Does Suraj Estate Developers have too much debt? Suraj Estate Developers Ltd has total debt of ₹645 Cr against shareholder equity of ₹993 Cr as of Jun 2026, so its debt is 0.65× its equity. Year by year, that ratio went from 0.84 in FY24 to 0.65 in FY26. Keep that borrowing in mind when reading the returns on this page. ## What is the Suraj Estate Developers shareholding pattern? Promoters cut their stake in Suraj Estate Developers Ltd by 5.2 percentage points over 8 quarters, the biggest change among its owners. Promoters now own 69.8% of the company. Domestic institutions moved −1.5 points over the same period, to 1.0%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings. Over the last two years: Promoters: −5.2 points over 8 quarters, to 69.8%; Domestic institutions: −1.5 points over 8 quarters, to 1.0%; Foreign institutions: −1.0 points over 8 quarters, to 2.1%. Why the owners changed: promoters drove it (−5.2 points), together with domestic institutions (−1.5 points). They reduced their stake. ## How far is Suraj Estate Developers from balance-sheet trouble? For Suraj Estate Developers Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date. ## How does Suraj Estate Developers rank in its industry? 47.6 out of 100, rank 14 of 26 in Realty - Construction & Contracting, with 100% of the evidence available. Suraj Estate Developers Ltd scores 47.6 out of 100 against the 26 companies it is compared with in Realty - Construction & Contracting, ranking 14. The valuation scores well, but earnings are not improving yet, so the business does not back up the low multiple so far. The four parts add up to the total exactly: 9.4 + 16.9 + 16.8 + 4.5 = 47.6. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is Suraj Estate Developers compared with? Suraj Estate Developers ranks 14 of 26 Realty - Construction & Contracting companies on the 4-Factor Sector Score, with 47.6 out of 100. 1. [Suratwwala Business Group Ltd](https://www.sectoralpha.in/stocks/suratwwala-business-group-ltd) SBGLP · Most evidence points up · 76% evidence 72.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 32.2/43.75 · Revenue 100% · Profit 100% · Operating margin change -11.9 points · 88% evidence Capital efficiency 22.8/31.25 · ROCE 30.8% · Operating margin 31.9% · 100% evidence Valuation 17.7/25 · P/E 9.7× · PEG 1.22 · 100% evidence Relative strength: no reading this week · its 20 points are shared across the other three Exact sum: 32.2 + 22.8 + 17.7 = 72.7 (no relative-strength reading this week; its 20 points are shared across the other three) · What this means: There is no relative-strength reading for this week, so the score is built from earnings, capital efficiency and valuation alone. 2. [Ashiana Housing Ltd](https://www.sectoralpha.in/stocks/ashiana-housing-ltd) ASHIANA · quiet · Evidence leans up · 86% evidence 62.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 27.5/35 · Revenue 37% · Profit 100% · Operating margin change 3 points · 88% evidence Capital efficiency 13.1/25 · ROCE 14% · Operating margin 7% · 100% evidence Valuation 10.1/20 · P/E 28.6× · PEG n/a · 50% evidence Relative strength 11.9/20 · Lead over its industry 2.8% · Lead over NIFTY 500 4.7% · 1 year 19.4% · 100% evidence · 1 of 12 weeks ahead Exact sum: 27.5 + 13.1 + 10.1 + 11.9 = 62.6 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 3. [Arihant Foundations & Housing Ltd](https://www.sectoralpha.in/stocks/arihant-foundations-housing-ltd) ARIHANT · quiet · Evidence leans up · 81% evidence 62.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 20.9/35 · Revenue 88.8% · Profit 38.8% · Operating margin change 1 points · 88% evidence Capital efficiency 16.7/25 · ROCE 16.4% · Operating margin 27% · 100% evidence Valuation 15.6/20 · P/E 13× · PEG 0.24 · 100% evidence Relative strength 8.8/20 · Lead over its industry n/a · Lead over NIFTY 500 -11.1% · 1 year -22% · 25% evidence · 9 of 12 weeks ahead Exact sum: 20.9 + 16.7 + 15.6 + 8.8 = 62 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 4. [PVP Ventures Ltd](https://www.sectoralpha.in/stocks/pvp-ventures-ltd) PVP · leader · Evidence leans up · 64% evidence 59.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 22.1/35 · Revenue 100% · Profit 100% · Operating margin change 0 points · 62% evidence Capital efficiency 9.0/25 · ROCE 6.4% · Operating margin 29% · 76% evidence Valuation 9.0/20 · P/E 75.8× · PEG n/a · 15% evidence Relative strength 19.2/20 · Lead over its industry 28.5% · Lead over NIFTY 500 30.2% · 1 year 29.7% · 100% evidence · 12 of 12 weeks ahead Exact sum: 22.1 + 9 + 9 + 19.2 = 59.3 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 5. [Ajmera Realty & Infra India Ltd](https://www.sectoralpha.in/stocks/ajmera-realty-infra-india-ltd) AJMERA · turning · Evidence leans up · 78% evidence 58.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 21.3/35 · Revenue 43.3% · Profit 23.5% · Operating margin change -1 points · 83% evidence Capital efficiency 16.6/25 · ROCE 14.3% · Operating margin 29% · 76% evidence Valuation 9.1/20 · P/E 16.9× · PEG n/a · 50% evidence Relative strength 11.7/20 · Lead over its industry -2.3% · Lead over NIFTY 500 -0.5% · 1 year -38.3% · 100% evidence · 2 of 12 weeks ahead Exact sum: 21.3 + 16.6 + 9.1 + 11.7 = 58.7 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 6. [Arvind SmartSpaces Ltd](https://www.sectoralpha.in/stocks/arvind-smartspaces-ltd) ARVSMART · breaking out · Evidence leans up · 78% evidence 57.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 19.6/35 · Revenue 5.3% · Profit 48% · Operating margin change 28 points · 83% evidence Capital efficiency 16.1/25 · ROCE 12.4% · Operating margin 49% · 76% evidence Valuation 11.6/20 · P/E 14× · PEG n/a · 50% evidence Relative strength 9.9/20 · Lead over its industry -1.7% · Lead over NIFTY 500 0.2% · 1 year -11.6% · 100% evidence · 5 of 12 weeks ahead Exact sum: 19.6 + 16.1 + 11.6 + 9.9 = 57.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 7. [Raymond Ltd](https://www.sectoralpha.in/stocks/raymond-ltd) RAYMOND · leader · Evidence leans up · 75% evidence 56.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 18.9/35 · Revenue 16.7% · Profit -80% · Operating margin change 3 points · 95% evidence Capital efficiency 9.1/25 · ROCE 3.1% · Operating margin 11% · 76% evidence Valuation 8.8/20 · P/E 138× · PEG n/a · 15% evidence Relative strength 20.0/20 · Lead over its industry 94.5% · Lead over NIFTY 500 96.4% · 1 year 91.7% · 100% evidence · 12 of 12 weeks ahead Exact sum: 18.9 + 9.1 + 8.8 + 20 = 56.8 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 8. [Eldeco Housing & Industries Ltd](https://www.sectoralpha.in/stocks/eldeco-housing-industries-ltd) ELDEHSG · turning · Evidence leans up · 81% evidence 56.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 29.3/35 · Revenue 38.1% · Profit 100% · Operating margin change 25 points · 88% evidence Capital efficiency 14.0/25 · ROCE 7.7% · Operating margin 36% · 100% evidence Valuation 3.5/20 · P/E 21.2× · PEG 2.59 · 100% evidence Relative strength 9.8/20 · Lead over its industry n/a · Lead over NIFTY 500 -2.1% · 1 year -11% · 25% evidence · 1 of 12 weeks ahead Exact sum: 29.3 + 14 + 3.5 + 9.8 = 56.6 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 9. [Capacite Infraprojects Ltd](https://www.sectoralpha.in/stocks/capacite-infraprojects-ltd) CAPACITE · quiet · Evidence leans up · 81% evidence 55.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 14.3/35 · Revenue 12.4% · Profit -5.6% · Operating margin change -1 points · 88% evidence Capital efficiency 15.9/25 · ROCE 15.5% · Operating margin 16% · 100% evidence Valuation 17.4/20 · P/E 6.7× · PEG 0.59 · 100% evidence Relative strength 7.5/20 · Lead over its industry n/a · Lead over NIFTY 500 -32.9% · 1 year -49.2% · 25% evidence · 0 of 12 weeks ahead Exact sum: 14.3 + 15.9 + 17.4 + 7.5 = 55.1 · What this means: The valuation scores well, but earnings are not improving yet, so the business does not back up the low multiple so far. 10. [Kolte Patil Developers Ltd](https://www.sectoralpha.in/stocks/kolte-patil-developers-ltd) KOLTEPATIL · leader · Evidence leans up · 66% evidence 52.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 21.4/35 · Revenue 7.8% · Profit 47.1% · Operating margin change 53 points · 65% evidence Capital efficiency 7.5/25 · ROCE -0.3% · Operating margin 21% · 100% evidence Valuation 11.5/20 · P/E 31.6× · PEG 0.74 · 65% evidence Relative strength 12.2/20 · Lead over its industry n/a · Lead over NIFTY 500 19.9% · 1 year 3.9% · 25% evidence · 12 of 12 weeks ahead Exact sum: 21.4 + 7.5 + 11.5 + 12.2 = 52.6 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 11. [Geecee Ventures Ltd](https://www.sectoralpha.in/stocks/geecee-ventures-ltd) GEECEE · leader · Evidence leans up · 96% evidence 52.0 out of 100 Growth Capital Valuation Relative
12. [Sunteck Realty Ltd](https://www.sectoralpha.in/stocks/sunteck-realty-ltd) SUNTECK · turning · Evidence leans up · 93% evidence 50.7 out of 100 Growth Capital Valuation Relative
13. [Keystone Realtors Ltd](https://www.sectoralpha.in/stocks/keystone-realtors-ltd) RUSTOMJEE · basing · Evidence leans down · 63% evidence 48.3 out of 100 Growth Capital Valuation Relative
14. Suraj Estate Developers Ltd this page SURAJEST · quiet · Evidence leans down · 100% evidence 47.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 9.4/35 · Revenue 1.9% · Profit -10.9% · Operating margin change -12 points · 100% evidence Capital efficiency 16.9/25 · ROCE 14.5% · Operating margin 33% · 100% evidence Valuation 16.8/20 · P/E 10.1× · PEG 0.71 · 100% evidence Relative strength 4.5/20 · Lead over its industry -18.4% · Lead over NIFTY 500 -16.7% · 1 year -40.4% · 100% evidence · 1 of 12 weeks ahead Exact sum: 9.4 + 16.9 + 16.8 + 4.5 = 47.6 · What this means: The valuation scores well, but earnings are not improving yet, so the business does not back up the low multiple so far. 15. [AGI Infra Ltd](https://www.sectoralpha.in/stocks/agi-infra-ltd) AGIIL · quiet · Evidence leans down · 96% evidence 47.5 out of 100 Growth Capital Valuation Relative
16. [Kesar India Ltd](https://www.sectoralpha.in/stocks/kesar-india-ltd) quiet · Evidence leans down · 76% evidence 45.8 out of 100 Growth Capital Valuation Relative
17. [Laxmi Goldorna House Ltd](https://www.sectoralpha.in/stocks/laxmi-goldorna-house-ltd) LGHL · breaking out · Evidence leans down · 71% evidence 45.6 out of 100 Growth Capital Valuation Relative
18. [Ganesh Housing Ltd](https://www.sectoralpha.in/stocks/ganesh-housing-ltd) GANESHHOU · basing · Evidence leans down · 100% evidence 42.9 out of 100 Growth Capital Valuation Relative
19. [Shriram Properties Ltd](https://www.sectoralpha.in/stocks/shriram-properties-ltd) SHRIRAMPPS · basing · Evidence leans down · 96% evidence 42.4 out of 100 Growth Capital Valuation Relative
20. [Omaxe Ltd](https://www.sectoralpha.in/stocks/omaxe-ltd) OMAXE · breaking out · Too little evidence to rank firmly · 56% evidence 41.7 out of 100 Growth Capital Valuation Relative
21. [Hubtown Ltd](https://www.sectoralpha.in/stocks/hubtown-ltd) HUBTOWN · turning · Evidence leans down · 68% evidence 40.3 out of 100 Growth Capital Valuation Relative
22. [Valor Estate Ltd](https://www.sectoralpha.in/stocks/valor-estate-ltd) DBREALTY · quiet · Evidence leans down · 79% evidence 40.2 out of 100 Growth Capital Valuation Relative
23. [SignatureGlobal India Ltd](https://www.sectoralpha.in/stocks/signatureglobal-india-ltd) SIGNATURE · quiet · Evidence leans down · 79% evidence 38.6 out of 100 Growth Capital Valuation Relative
24. [Puravankara Ltd](https://www.sectoralpha.in/stocks/puravankara-ltd) PURVA · quiet · Too little evidence to rank firmly · 49% evidence 54.4 out of 100 Growth Capital Valuation Relative
25. [Hemisphere Properties India Ltd](https://www.sectoralpha.in/stocks/hemisphere-properties-india-ltd) HEMIPROP · basing · Too little evidence to rank firmly · 49% evidence 30.7 out of 100 Growth Capital Valuation Relative
26. [Peninsula Land Ltd](https://www.sectoralpha.in/stocks/peninsula-land-ltd) PENINLAND · Too little evidence to rank firmly · 48% evidence 26.9 out of 100 Growth Capital Valuation Relative

Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. 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 path the industry 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 growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Realty - Construction & Contracting](https://www.sectoralpha.in/sectors/realty-construction-contracting), all 26 compared on one page. ## Which companies are close to Suraj Estate Developers in size? Suraj Estate Developers is the 22nd largest of 26 Realty - Construction & Contracting companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: PVP Ventures, Shriram Properties and Arihant Foundations & Housing. Just below it: Eldeco Housing & Industries, Geecee Ventures and Peninsula Land. ### Realty - Construction & Contracting companies close in size

1. [PVP Ventures Ltd](https://www.sectoralpha.in/stocks/pvp-ventures-ltd) ₹1,157 crore
2. [Shriram Properties Ltd](https://www.sectoralpha.in/stocks/shriram-properties-ltd) ₹1,091 crore
3. [Arihant Foundations & Housing Ltd](https://www.sectoralpha.in/stocks/arihant-foundations-housing-ltd) ₹888 crore
4. Suraj Estate Developers Ltd ₹824 crore
5. [Eldeco Housing & Industries Ltd](https://www.sectoralpha.in/stocks/eldeco-housing-industries-ltd) ₹769 crore
6. [Geecee Ventures Ltd](https://www.sectoralpha.in/stocks/geecee-ventures-ltd) ₹734 crore
7. [Peninsula Land Ltd](https://www.sectoralpha.in/stocks/peninsula-land-ltd) ₹485 crore

[All 26 Realty - Construction & Contracting companies, largest first](https://www.sectoralpha.in/sectors/realty-construction-contracting#all-companies)

### Companies close in size in other industries

1. [Permanent Magnets Ltd](https://www.sectoralpha.in/stocks/permanent-magnets-ltd) ₹826 crore · Shunt Resistors
2. [Salzer Electronics Ltd](https://www.sectoralpha.in/stocks/salzer-electronics-ltd) ₹824 crore · Capital Goods - Electric General
3. Suraj Estate Developers Ltd ₹824 crore
4. [Ambika Cotton Mills Ltd](https://www.sectoralpha.in/stocks/ambika-cotton-mills-ltd) ₹823 crore · Textiles - Spinning
5. [Hexa Tradex Ltd](https://www.sectoralpha.in/stocks/hexa-tradex-ltd) ₹823 crore · Trading

## What else do people ask about Suraj Estate Developers? ### What is Suraj Estate Developers's share price today? Suraj Estate Developers Ltd's share price is ₹189.05, −34.7% over the past year. The whole company is worth ₹906 Cr on the market. In the last 52 weeks it traded between ₹171 to ₹290; today it is 15% of the way up from the low, 13.1% below its 200-day average (as of 3 November 2026). ### What were Suraj Estate Developers's latest quarterly results? Suraj Estate Developers Ltd reported revenue of ₹170 Cr and net profit of ₹23.0 Cr for the Sep 2026 quarter. Revenue rose 17.2% and profit fell 30.3% compared with a year earlier. Earnings per share were ₹4.82. The operating margin was 33.0%, 12.0 percentage points lower than a year earlier (as of 3 November 2026). ### What is Suraj Estate Developers's market cap? Suraj Estate Developers Ltd's market capitalisation is ₹906 Cr at a share price of ₹189.05. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is Suraj Estate Developers performing? Suraj Estate Developers Ltd's share price has been falling for 92 weeks. In its latest quarter, revenue rose 17.2% and profit fell 30.3% compared with a year earlier. Over the past 13 weeks it has done better than the NIFTY 500, for 1 week running (as of 3 November 2026). ### Will Suraj Estate Developers's share price go up? This page does not forecast Suraj Estate Developers Ltd's share price. What it shows instead: the share price is ₹189.05, and it has been falling for 92 weeks. Its P/E of 11.1× is higher than 26% of its own last 3 years (as of 3 November 2026). ### Who owns Suraj Estate Developers? Promoters own 69.8% of Suraj Estate Developers Ltd, foreign institutions 2.1%, domestic institutions 1.0% and the public 27.1% (latest quarter). The biggest change over the last two years: Promoters cut their stake by 5.2 percentage points over 8 quarters (as of 3 November 2026). ### Where is Suraj Estate Developers in its business cycle? Suraj Estate Developers Ltd's FY26 operating margin was 39.0%, against a 8-year range of 36.0% to 157.0%: the low end of its own range, which is often where recoveries start. The latest quarter was 33.0%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the Suraj Estate Developers story? The main question: the P/E is near the low end of its own history, higher than only 26% of past readings, but results are getting worse. A low multiple can stay low until the quarters turn. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is Suraj Estate Developers a stock worth studying right now? What the numbers show: Suraj Estate Developers Ltd's P/E is near the low end of its own history, higher than only 26% of past readings, and its quarterly results are still getting worse. The main open question: whether results start to improve. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). ### Is there a Suraj Estate Developers share price forecast for 2026? What management itself guided: FY27 launch pipeline totals about ₹1,600 crore: approximately ₹240 crore in Q2, ₹800-880 crore in Q3 and about ₹480 crore in Q4; Suraj Innova CC and RERA approvals expected soon. ## Lists

- 52 week high & low: https://www.sectoralpha.in/52-week-high-stocks-india
- Real estate, REIT & cement: https://www.sectoralpha.in/sectors/real-estate-stocks-india

This is research, not advice. We’re not SEBI-registered.