Suratwwala Business Group Limited

NSE: SBGLP · Unclassified

₹22.48+0.90%06 Nov 2026

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Instant answers about Suratwwala Business Group Limited — computed from its filings, no language model

Market cap₹390 cr

Current price₹22.48

High / Low₹39 / ₹19

P/E11.2

P/B3.05

Book value₹7.4

ROE27.3%

ROCE27.6%

Debt / equity0.75

Dividend yield0.44%

EPS (TTM)₹2.01

Face value₹1

Price & valuation

split & bonus adjusted · pick a metric and range

Annual performance

annual · ₹ crore · line = operating margin

	FY23	FY24	FY26
Revenue	61.8	72.0	143.0
EBITDA	29.5	38.6	52.9
Operating margin	47.8%	53.5%	37.0%
Interest	2.1	1.1	0.7
Depreciation	0.2	0.4	1.7
Profit before tax	27.4	37.7	51.2
Tax	6.3	9.9	13.3
Net profit	0.0	0.0	37.9
EPS ₹	24.42	1.60	2.15
Operating cash flow	7.2	0.3	-5.9
Capex	0.2	0.9	8.8
Dividend paid	0.0	0.0	1.7
Total assets	119.4	127.2	263.0
Equity	11.1	57.9	110.4

Quarterly performance

last 14 quarters · ₹ crore

showing latest 8 of 14 periods

	MAR '23	JUN '23	SEP '23	DEC '23	MAR '24	JUN '24	SEP '24	DEC '24	JUN '25	SEP '25	DEC '25	MAR '26	JUN '26	SEP '26
Revenue	10.2	16.2	18.3	16.4	21.1	8.7	2.2	3.2	15.9	26.0	42.1	59.0	42.1	61.2
Operating profit	-2.3	7.9	11.1	9.1	10.4	5.3	0.7	-0.3	7.0	11.1	15.5	19.1	13.4	15.6
Operating margin	-22.7%	48.6%	60.6%	55.7%	49.5%	60.3%	29.5%	-8.5%	43.8%	42.6%	36.8%	32.4%	31.9%	25.4%
Other income	-0.0	0.0	0.4	0.2	0.0	0.3	0.2	0.7	0.6	0.3	0.1	-0.4	0.6	0.1
Interest	0.3	0.4	0.3	0.1	0.3	0.0	0.0	0.1	0.0	0.0	0.1	0.3	0.7	0.9
Depreciation	0.0	0.1	0.2	0.2	-0.1	0.1	0.1	0.1	0.4	0.4	0.4	0.5	0.7	0.8
Profit before tax	-2.7	7.4	10.9	9.0	10.3	5.5	0.8	0.2	7.2	10.9	15.1	18.0	12.7	14.0
Tax	1.7	-0.1	2.8	2.5	4.7	1.4	0.5	0.1	1.8	2.8	4.0	4.7	3.3	3.6
Net profit	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	11.1	13.3	0.0	10.5
EPS ₹	-5.00	4.40	4.72	3.77	0.32	0.24	0.01	0.01	0.31	0.46	0.62	0.76	0.53	0.59
Revenue YoY	—	—	—	—	106.1%	-46.2%	-87.8%	-80.6%	82.5%	1059.8%	1223.6%	—	164.1%	135.5%

Earlier results (standalone, Dec '21 – Dec '21)

₹ crore · from BSE, before the NSE XBRL filings begin

Suratwwala Business Group Limited reports consolidated figures above. Quarterly consolidated results only became mandatory in India in 2019, so the earlier history available is the standalone company only (excluding subsidiaries). It is shown separately so the two bases are never mixed.

Quarters

	DEC '21†
Revenue	10.4
Operating profit	6.1
Operating margin	58.7%
Other income	0.3
Interest	0.8
Depreciation	0.0
Profit before tax	5.6
Tax	1.4
Net profit	4.1
EPS ₹	2.38

Returns & margins

trailing-twelve-month, per quarter

	DEC '23	MAR '24	JUN '24	SEP '24	DEC '24	MAR '26	JUN '26	SEP '26
ROE	0.0%	0.0%	0.0%	0.0%	0.0%	22.1%	22.1%	27.3%
ROCE	34.7%	40.7%	38.3%	31.3%	20.7%	26.7%	29.9%	27.6%
Net margin	0.0%	0.0%	0.0%	0.0%	0.0%	17.1%	14.4%	17.1%
EBITDA margin	42.2%	53.5%	55.7%	52.6%	45.7%	36.8%	34.9%	31.1%
Debt / equity	1.11	0.65	0.65	0.34	0.34	0.75	0.75	0.75
Interest coverage	22.28	34.34	49.32	57.82	41.95	122.88	53.48	31.01
Asset turnover	0.48	0.57	0.51	0.37	0.27	0.54	0.64	0.66

Balance sheet

equity vs borrowings over time · ₹ crore

showing latest 6 of 7 periods

	MAR '23	SEP '23	MAR '24	SEP '24	SEP '25	MAR '26	SEP '26
Share capital	17.3	17.3	17.3	17.3	17.3	17.3	17.3
Other equity / reserves	-6.2	18.0	40.5	44.7	64.8	93.1	110.4
Total equity	11.1	35.3	57.9	62.1	82.1	110.4	127.7
Borrowings	31.3	39.1	37.5	21.0	65.1	83.0	95.7
Current liabilities	102.3	90.2	62.5	66.7	69.7	76.5	108.0
Non-current liabilities	5.9	0.5	5.5	0.9	57.5	76.1	73.3
Total assets	119.4	127.3	127.2	131.1	215.7	263.0	309.1
Property, plant & equipment	0.8	0.8	1.1	1.7	29.4	33.2	34.6
Capital work-in-progress	0.0	0.0	0.0	0.0	0.1	1.0	—
Investments	1.1	6.2	2.2	1.8	10.0	4.5	5.5
Inventories	102.2	99.0	105.9	109.5	142.6	163.8	181.4
Receivables	0.7	1.1	6.8	4.0	14.5	37.1	62.1
Cash & equivalents	0.8	1.6	5.5	2.3	3.2	4.9	4.1

Cash flow

annual · ₹ crore · line = free cash flow

	FY23	FY24	FY26
Cash from operations	7.2	0.3	-5.9
Cash from investing	-0.8	-1.6	-4.6
Cash from financing	-6.2	6.1	14.3
Capex	0.2	0.9	8.8
Free cash flow	7.0	-0.6	-14.7
Dividends paid	0.0	0.0	1.7

Where the assets sit

Sep '26 · ₹ crore

Fixed assets (PPE)

₹34.6 cr11%

Investments

₹5.5 cr2%

Inventories

₹181.4 cr59%

Receivables

₹62.1 cr20%

Cash & equivalents

₹4.1 cr1%

Other assets

₹21.2 cr7%

Peer comparison

largest in Unclassified · this company in bold

Company	Market cap ₹cr	Price	P/E	P/B	ROE
Avantel Limited	36,86,04,549	138.69	—	1059360.68	0.0%
Ducol Organics And Colours Limited	19,55,275	120.00	—	20089.13	0.0%
Jio Platforms Limited	12,57,181	1,406.40	—	3.57	—
SBI Funds Management Limited	1,01,750	499.55	—	—	—
Tamilnadu Telecommunication Limited	91,314	9.93	—	—	—
Manipal Health Enterprises Limited	76,294	646.70	—	—	—
INDO-MIM Limited	59,042	1,219.50	—	—	—
AvenuesAI Limited	45,138	129.25	153.6	9.51	6.2%
Dhoot Transmission Limited	32,761	1,601.60	—	8.11	—
3M India Limited	31,071	27,570.00	53.8	17.57	32.7%
Suratwwala Business Group Limited	390	22.48	11.2	3.05	27.3%

StoxGud checklist: Neutral setup · 6/10

Price above 50-day average
Price above 200-day average
50-day average above 200-day (uptrend)
RSI in healthy 40–70 zone
Positive 1-year return
Return on equity above 15%
Debt to equity below 1
Revenue growing year on year
Net profit margin above 10%
P/E below industry median

A rules-based screen of trend, momentum, quality and valuation. Educational only — not a buy or sell recommendation.

Returns & technicals

1 month-1.1%

6 months-16.5%

1 year-35.3%

3Y CAGR-19.6%

5Y CAGR—

10Y CAGR—

50-day avg₹22.61

200-day avg₹26.01

RSI (14)54

FAQs

What is the share price of Suratwwala Business Group Limited?

Suratwwala Business Group Limited (SBGLP) closed at ₹22.48 on NSE on 06 Nov 2026.

What is the market cap of Suratwwala Business Group Limited?

₹390 crore at the latest close.

What is the P/E ratio of Suratwwala Business Group Limited?

11.2, on trailing-twelve-month earnings from its filings.

How fast is Suratwwala Business Group Limited growing?

Suratwwala Business Group Limited: Latest-quarter revenue is up 135.5% year on year.

How profitable is Suratwwala Business Group Limited?

On a trailing-twelve-month basis return on equity is 27.3%, return on capital employed 27.6%, operating margin 31.1%, net margin 17.1%.

How much debt does Suratwwala Business Group Limited have?

Suratwwala Business Group Limited is moderately geared: debt to equity is 0.75 with borrowings of ₹96 cr against cash of ₹4 cr (balance sheet of 2026-09-30). Operating profit covers interest 31.0 times.

Financials parsed from Suratwwala Business Group Limited's own XBRL filings to NSE (consolidated), ₹ crore unless marked. Quarterly from MAR '23, annual from FY23, balance sheet from Mar '23. * = derived (full year or half year minus earlier quarters). Information only, not investment advice.