Stay alert, beware of scamsters - know more

NSEBSE
NSEBSE
noteThere is a 15-minute delay in the prices. To check out the live prices, log in to your Ventura account or open one today.
1D
1W
1M
1Y
3Y
5Y
Max
Open28.5
High30.5
Low28.12
Prev. Close26.26
Avg. Traded Price29.63
Volume6,28,989

MARKET DEPTH

info2
Total bid106322.00
Total ask219243.00
OrdersQtyBid
295129.29
13529.26
13529.24
29029.23
120029.22
AskQtyOrders
29.34156
29.35192
29.36242
29.372117
29.382605

HIGH/LOW

info2
1d
1w
1m
3m
52w

LOW/HIGH

28.1227 minutes ago
30.5027 minutes ago
arrow

LOWER/UPPER CIRCUITS

21.01
31.51
arrow
Surana Solar Ltd Stock performance
arrow

KEY OBSERVATIONS

info
positive
negative
neutral
noteAnnual Net Profit,rose 2,019.15% in the last year to ₹1.24 Cr. Its sector's average net profit growth for the last fiscal year was -4.25%.
notePrice to Earning Ratio,is 20.19, lower than its sector PE ratio of 31.62.
noteQuarterly Revenue,rose 721.98% YoY to ₹23.51 Cr. Its sector's average revenue growth YoY for the quarter was 7.75%.
View more

LONG-TERM PRICE ANALYSIS

info
Stock return5Y CAGR : 33.62%
Net profit growth 5Y CAGR : %

About Surana Solar Limited

Surana Solar Limited (formerly Surana Ventures Limited) was incorporated on November 8, 2006, and is listed on both BSE and NSE. The company manufactures Solar Photovoltaic (SPV) modules, generates solar power, and trades in solar-related products. Its registered office is located in Hyderabad, Telangana. Surana Solar integrated the “Solar Undertaking” of Surana Telecom and Power Limited through a Scheme of Arrangement and debuted on the stock market on January 7, 2011.

 

The company operates two ISO 9001:2008 certified manufacturing facilities in Hyderabad — Cherlapally (40 MW capacity) and Fabcity (180 MW capacity). The Fabcity facility, commissioned in FY 2024-25, specializes in TopCon Solar Cell Modules, marking the company’s re-entry into solar cell module manufacturing. Both facilities have certifications and approvals from international bodies including AQA International LLC (Dubai), EURO TEST Laboratories, and TUV INTER CERT. Products are marketed domestically under the ‘Surana Solar’ brand, and the company offers EPC services and rooftop solar installations for commercial and industrial customers.

 

In FY 2024-25, the company’s revenue breakdown was 25.13% from solar energy, 0.67% from other renewable energy segments, and 74.20% from trading activities. The entire revenue was domestic, with no exports reported. The consolidated financials included one subsidiary; however, effective May 22, 2025, control over this subsidiary ceased following an investment agreement, and it is no longer part of the group.

Key Milestones of Surana Solar Limited

  • 2006 – Incorporated as Surana Ventures Limited.
  • 2008 – Entered solar photovoltaic module manufacturing.
  • 2011 – Integrated the “Solar Undertaking” and listed on stock exchanges.
  • 2024-25 – Commissioned 180 MW TopCon solar cell module line at Fabcity, Hyderabad.
  • 2025 – Transitioned control of its sole subsidiary to external investor as per agreements.

Surana Solar Limited Business Verticals and Geographic Presence 

Business Verticals:

  • Solar Photovoltaic Module Manufacturing.
  • Solar and renewable power generation.
  • Trading of solar-related products.
  • Engineering, Procurement, and Construction (EPC) services for solar projects.
  • Rooftop solar system installations for commercial and industrial clients.

Geographical Presence:

  • Operations are exclusively in India.
  • Manufacturing facilities: Cherlapally and Fabcity in Hyderabad, Telangana.
  • Solar power project at Gujarat Solar Park (under related enterprises).
  • No international operations or exports reported as of FY 2024-25.

Surana Solar Limited operates as a single segment company engaged in manufacturing solar PV modules, generating solar power, and trading solar products within India. The company leverages advanced manufacturing technologies and certifications to provide high-quality, domestically branded solar solutions. Its EPC capabilities enable turnkey project execution, supporting India’s clean energy transition and rooftop solar adoption. Despite a majority of revenue arising from trading operations, solar energy generation constitutes a significant and growing business pillar.

Surana Solar Limited Key Management

  • Narender Surana – Director
  • Baunakar Shekarnath – Whole Time Director
  • Manish Surana – Non-executive Director
  • Anicode Ganeshan Srinath – Chief Financial Officer
  • Vempati VNDR Ramya – Company Secretary

Latest Updates on Surana Solar Limited

  • Commercial production started at Fabcity facility for TopCon modules, marking re-entry into solar cell manufacturing (FY 2024-25).
  • Expanded business focus on EPC contracts and rooftop solar tenders from government and non-government organisations.
  • Exited the windmill segment to improve operational performance.
  • Lost control of its sole subsidiary as of May 22, 2025, following an investment arrangement.
  • Board change: Independent Director Shri Srinagesh Boorugu resigned effective February 22, 2025.
  • Legal victory in arbitration against Paradip Port Trust, currently pending further judicial scrutiny.
personal

Grow your wealth with more research recommendations

+91

Frequently Asked Questions

For Q1 FY27, Surana Solar Ltd reported: Revenue (Net Sales): ₹171.51 Cr - Up 25.99% year-on-year from ₹136.13 Cr in Q4 FY26. Net Income (PAT): ₹54.40 Cr - Up 2647.47% year-on-year from ₹1.98 Cr in Q4 FY26.

The intraday high for Surana Solar Ltd on the NSE today (27 Jul 2026) was ₹30.50. This compares to the 52-week high of ₹39.08 recorded on 08 Sep 2025. Today's high was -21.95% below the 52-week high.

The intraday low for Surana Solar Ltd on the NSE today was ₹28.12. The stock's 52-week low stands at ₹18.31, recorded on 30 Mar 2026. Today's low is 53.58% above the 52-week low, indicating the stock is trading well above its yearly lows.

Surana Solar Ltd has delivered a return of -6.18% over the last 3 months. The stock was trading at ₹27.99 on 27 Apr 2026 and is currently at ₹29.28 as of 27 Jul 2026, reflecting a Gain of ₹1.29 per share over this period.

Surana Solar Ltd has delivered -18.70% return over the last 52 weeks. During this period, the stock hit a 52-week high of ₹39.08 on 08 Sep 2025 and a 52-week low of ₹18.31 on 30 Mar 2026. It is currently trading at ₹29.28 as of 27 Jul 2026.

The all-time high (ATH) for Surana Solar Ltd was ₹76.20, recorded on 10 Feb 2015. At the current price of ₹29.28, the stock is trading 61.57% below its all-time high. The all-time low recorded was ₹5.20 on 15 May 2020.

Surana Solar Ltd has delivered a 99.70% absolute return over the past 5 years, equivalent to a CAGR of 14.83% per annum. The stock was priced at ₹14.66 in Jul 2021 and has risen to ₹29.28 as of 27 Jul 2026. An investment of ₹1,00,000 in Surana Solar Ltd five years ago would be worth ₹1,99,700.00 today.

No,Surana Solar Ltd has not declared any dividend over the past 5 years. The company paid a total dividend of N/A per share between FY2022 and FY2026, with the most recent dividend of ₹N/A per share. At the current market price of ₹29.28, the trailing dividend yield of Surana Solar Ltd stands at N/A%.

As of 27 Jul 2026, the share price of Surana Solar Ltd is ₹29.28 on the NSE and ₹29.22 on the BSE. The stock opened at ₹28.50, touched a high of ₹30.50 and a low of ₹28.12 during today's session.

Over the last 6 months, Surana Solar Ltd has given a return of 8.96%. The stock was priced at ₹24.10 on 27 Jan 2026 and has Rise to ₹29.28 as of 27 Jul 2026, a change of ₹5.18 per share.

+91
Offer Banner Trigger
Offer Banner

Open a FREE Demat Account

+91