Surya Roshni Q4FY26 Consolidated Results Announced

27 May 2026 CW Team

Surya Roshni Limited reported audited consolidated results for the quarter and year ended 31 March 2026, with Rs21.63 billion (bn) revenue in Q4FY26, broadly stable year-on-year and improving sequentially by 12 per cent. EBITDA for the quarter was Rs1.70 bn and profit after tax was Rs980 million (mn), reflecting a healthy sequential improvement of 23 per cent. The company closed the year with consolidated revenue of Rs75.40 bn, marginally ahead of the prior year.

The lighting and consumer durables segment delivered robust demand, with revenue of Rs5.01 bn in the quarter, up nine per cent year-on-year and marking an all-time high for the business. Segment EBITDA was Rs440 million (mn) with margins near eight point eight per cent, supported by strength across LED bulbs, battens, downlighters, appliances and professional lighting. Professional lighting achieved revenue of Rs4.73 bn and accounted for 26 per cent of segment revenue.

The steel pipes and strips business reported resilient performance with quarterly revenue of Rs16.62 bn and sales volumes of 0.26 million tonne (mn t), the highest quarterly volume. Quarterly EBITDA improved to Rs1.26 bn, with sequential gains in EBITDA per tonne to Rs5,121, supported by better realizations and tighter inventory management. Value-added products contributed 43 per cent of volumes for the year and the company reported an order book of Rs10.00 bn in the pipes business while total order visibility at quarter end stood at Rs11.60 bn.

Surya Roshni finished the year with a net cash surplus of Rs3.37 bn and the board recommended a final dividend of Rs two point five zero per share of Rs five each in addition to the interim payout. Management outlined targets for FY27 including overall volumes near 1.10 mn t and export volumes above 0.25 mn t, alongside continued expansion in wires, PVC pipes and pumps. The company reiterated focus on value-added products, distribution expansion and export market diversification to sustain growth.

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