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 56,631 - -
Change - 17.48% 59.15% 55.67% -2.89% 6.78% - -
Enterprise Value (EV) 18,766 27,968 39,257 54,699 53,037 56,631 56,631 56,631
Change - 49.04% 40.36% 39.34% -3.04% 6.78% 0% 0%
P/E - 11x 10.7x 16.8x 15.3x 14.3x 14.5x 11.9x
PBR - 1.43x 1.9x 2.55x 2.16x 1.55x 1.91x 1.69x
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 0.65x 0.59x
EV / Revenue 0x 0x 0x 0x 0x 0.71x 0.65x 0.59x
EV / EBITDA - 0x 0x 0x 0x 9.92x 8.52x 7.21x
EV / EBIT - 0x 0x 0x 0x 12.9x 10.9x 9.03x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Dividend per Share 2 - - - - 3 5 3.5 4
Rate of return - - - - 1.23% 2.66% 1.34% 1.54%
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 86.22 103.36 164.48 254.10 244.37 260.29 260.29 260.29
Nbr of stocks (in thousands) 217,636 213,280 213,320 214,941 217,036 217,568 - -
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.($)
34.33x2.09x12.95x0.43% 31.98B
11.01x0.43x4.1x5.13% 18.2B
31.96x2.48x14.02x0.21% 11.66B
76.12x6.25x35.28x0.39% 10.86B
17.01x0.93x7.82x5.21% 9.99B
10.12x - - - 9.95B
134.48x1.38x13.73x1.08% 9.24B
8.98x0.55x4.19x5.49% 8.9B
Average 40.50x 2.02x 13.15x 2.56% 13.85B
Weighted average by Cap. 36.93x 1.97x 12.67x 2.23%

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

-40%: Exceptional extension
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