Company Valuation: Surya Roshni Limited

Data adjusted to current consolidation scope
Fiscal Period: March 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 18,766 22,045 35,086 54,617 53,037 54,551 - -
Change - 17.48% 59.15% 55.67% -2.89% 2.85% - -
Enterprise Value (EV) 18,766 27,968 39,257 54,699 53,037 54,551 54,551 54,551
Change - 49.04% 40.36% 39.34% -3.04% 2.85% 0% 0%
P/E - 11x 10.7x 16.8x 15.3x 14.3x 14x 11.5x
PBR - 1.43x 1.9x 2.55x 2.16x 1.55x 1.84x 1.63x
PEG - - 0.2x -8.77x 2.57x -0.8x 1x 0.5x
Capitalization / Revenue 0.34x 0.29x 0.44x 0.7x 0.71x 0.54x 0.62x 0.57x
EV / Revenue 0x 0x 0x 0x 0x 0.69x 0.62x 0.57x
EV / EBITDA - 0x 0x 0x 0x 9.56x 8.21x 6.95x
EV / EBIT - 0x 0x 0x 0x 12.5x 10.5x 8.7x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Dividend per Share 2 - - - - 3 5 3.5 4
Rate of return - - - - 1.23% 2.66% 1.4% 1.6%
EPS 2 - 9.4 15.4 15.11 16.01 13.12 17.9 21.8
Distribution rate - - - - 18.7% 38.1% 19.6% 18.3%
Net sales 1 55,544 77,301 79,960 78,085 74,352 75,398 87,416 95,767
EBITDA 1 - 4,425 6,140 5,721 5,792 4,873 6,644 7,853
EBIT 1 - 3,341 4,986 4,549 1,713 3,573 5,205 6,269
Net income 1 - 2,046 3,353 3,289 3,484 2,856 3,877 4,706
Net Debt - 5,923 4,171 82 - - - -
Reference price 2 86.22 103.36 164.48 254.10 244.37 250.73 250.73 250.73
Nbr of stocks (in thousands) 2,17,636 2,13,280 2,13,320 2,14,941 2,17,036 2,17,568 - -
Announcement Date 25/05/21 19/05/22 27/04/23 14/05/24 14/05/25 25/05/26 - -
1INR in Million2INR
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
21.71x1.89x10.45x0.53% 3.41TCr
11.94x0.45x4.38x4.6% 1.86TCr
31.44x2.44x13.82x0.21% 1.19TCr
59.42x5.5x30.08x0.45% 1.1TCr
17.72x0.96x8.05x5.31% 1.07TCr
10.49x - - - 1.06TCr
10.28x0.62x4.48x4.73% 1.05TCr
81x1.43x13.69x1.11% 891.22Cr
Average 30.50x 1.90x 12.14x 2.42% 1.46TCr
Weighted average by Cap. 26.83x 1.82x 11.24x 2.15%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield