As of 6 Nov 2026, Suratwwala Business Group trades at 9.5× trailing earnings, below the industry P/E of 22.1×, and the shares are 45% below their 52-week high. Its ROCE of 28% is the highest among the 7 largest Real Estate (Development) peers, and sales and net profit grew 32% and 21% a year over 3 years. Its dividend yield is 0.5%, and debt is 0.75× equity. It is a small-cap company with a market cap of ₹390 Cr, ranked 47th of 112 Real Estate (Development) companies by market cap; the shares fell 34% over the past year.
- ₹22.83
- ₹22.83
- ₹22.00
- ₹22.28
- 23.8K
Health check
- ReturnsBehind
−33.7% over a year, better than 0 of 7 peers.
- Price tagCheaper
P/E 9.5 vs industry 22.1.
- GrowthSteady
Sales +31.9%, profit +20.8% a year over 3 years.
- ProfitabilityStrong
ROCE 27.8% vs peer median 10.4%.
- Balance sheetFair
Debt 0.75× equity, interest covered 112.3×, Piotroski 5 of 9.
- Red flags1 to check
45% below its 52-week high.
Small cap
Defensive
Key metrics
- Market cap
- ₹390 Cr
- Small cap
- P/E
- 9.5
- Industry 22.1
- Price to book
- 3.73
- Peers 2.88
- Dividend yield
- 0.54%
- ROE
- 43.1%
- Peers 11.1%
- ROCE
- 27.8%
- Peers 10.4%
- Debt to equity
- 0.75
- Debt ₹83 Cr
- EPS (TTM)
- ₹2.37
- Face value ₹1
- OPM (TTM)
- 35.2%
- Net margin 24.8%
- Sales growth
- +164.0%
- Latest quarter vs a year ago
- Profit growth
- +75.3%
- Latest quarter vs a year ago
- Price to sales
- 2.30
- EV/EBITDA 7.9
Strengths and risks
Strengths
- Return on equity of 43.1%.
- Return on capital employed of 27.8%.
- Quarterly profit up 75.3% on a year ago.
- Quarterly sales up 164.0% on a year ago.
- Net margin of 24.8%.
Risks to check
- 45% below its 52-week high.
About Suratwwala Business Group
Suratwwala Business Group Limited engages in the construction of residential, commercial, and IT parks properties in India. The company provides maintenance and management of services for its developed properties. It also engages in renting of immovable properties; and provision of auxiliary services related to real estate development, as well as leasing spaces for mobile towers, hoardings, and advertising displays. In addition, the company engages in…
- Headquarters
- Pune
- Employees
- 61
- Sector
- Real Estate
- ISIN
- INE05ST01028
- Website
- suratwwala.co.in
Price range
- Avg volume (3M)
- 87.5K
- 1-year return
- minus 33.7%
- From 52-week high
- minus 45.0%
Peers · Real Estate - Development
| Company | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| DLFDLF | 752.90 | plus 1.03% | 1,86,366 | 40.8 | 127.6 | 6.3% | 15.3% | 0.01 | 11.3% | minus 3.8% |
| LODHALodha Developers | 1,179.00 | plus 0.27% | 1,17,812 | 27.1 | 25.2 | 18.2% | 33.1% | 0.41 | 20.4% | minus 3.9% |
| OBEROIRLTYOberoi Realty | 1,739.00 | minus 0.13% | 63,230 | 24.0 | 18.8 | 16.7% | 57.5% | 0.14 | 12.9% | minus 2.2% |
| GODREJPROPGodrej Properties | 1,809.30 | minus 0.31% | 54,501 | 40.4 | – | 11.1% | −6.5% | 1.02 | 32.4% | minus 20.9% |
| BRIGADEBrigade Enterprises | 558.15 | minus 0.89% | 18,205 | 25.1 | 15.6 | 9.8% | 29.2% | 0.83 | 18.5% | minus 26.2% |
| ANANTRAJAnant Raj | 445.45 | minus 4.41% | 16,031 | 26.5 | 24.1 | 10.4% | 27.8% | 0.13 | 37.9% | minus 27.8% |
| SOBHASobha | 1,275.40 | minus 1.28% | 13,642 | 71.4 | 46.7 | 7.4% | 6.5% | 0.33 | 16.3% | minus 20.2% |
| SBGLPSuratwwala Business Group | 22.48 | plus 0.90% | 390 | 9.5 | 8.7 | 27.8% | 35.2% | 0.75 | 31.9% | minus 33.7% |
| Median of 7 peers | – | −0.31% | 54,501 | 27.1 | 24.7 | 10.4% | 27.8% | 0.33 | 18.5% | −20.2% |
Quarterly results
| ₹ Cr | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| 16 | 26 | 42.1 | 59 | 42.1 | |
| 9 | 14.9 | 26.6 | 39.5 | 28.5 | |
| 7 | 11.1 | 15.5 | 19.4 | 13.6 | |
| 43.8% | 42.6% | 36.8% | 33.0% | 32.4% | |
| 0.6 | 0.3 | 0.1 | −0.7 | 0.4 | |
| 0 | 0 | 0.1 | 0.3 | 0.7 | |
| 0.4 | 0.4 | 0.4 | 0.5 | 0.6 | |
| 7.2 | 11 | 15.1 | 18 | 12.7 | |
| 25.7% | 25.5% | 26.3% | 26.1% | 26.2% | |
| 5.3 | 8.2 | 11.1 | 13.3 | 9.3 | |
| 0.31 | 0.46 | 0.62 | 0.76 | 0.53 |
Profit & loss
- Sales CAGR 3Y
- +31.9%
- Profit CAGR 3Y
- +20.8%
- EPS CAGR 3Y
- +20.8%
- ROE
- 43.1%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 62.3 | 72 | 35.9 | 143 | |
| – | +15.6% | minus 50.2% | +298.6% | |
| 32.2 | 33.4 | 21.4 | 89.6 | |
| 30 | 38.6 | 14.5 | 53.4 | |
| 48.2% | 53.6% | 40.4% | 37.3% | |
| 0 | −0.8 | −0.4 | −0.3 | |
| 2.5 | 0.3 | −1.1 | 0.5 | |
| 0.2 | 0.3 | 0.4 | 1.7 | |
| 0.1 | 0.5 | 0.5 | 0.3 | |
| 27.4 | 37.7 | 15.3 | 51.2 | |
| 22.9% | 26.2% | 27.8% | 26.0% | |
| 21.2 | 27.8 | 11 | 37.3 | |
| – | +31.3% | minus 60.4% | +239.2% | |
| 1.22 | 1.60 | 0.64 | 2.15 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 17.3 | 17.3 | 17.3 | 17.3 | |
| −6.2 | 40.5 | 51.4 | 87 | |
| 31.6 | 37.8 | 72.7 | 83 | |
| 77.5 | 31.6 | 43.8 | 75.2 | |
| 120 | 127 | 185 | 263 | |
| 6 | 3.2 | 29 | 41.6 | |
| 5.2 | 1.9 | 7.6 | 7.4 | |
| 0 | 0 | 0 | 0 | |
| 1.7 | 7.8 | 12.1 | 9.4 | |
| 107 | 114 | 137 | 204 | |
| 120 | 127 | 185 | 263 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| −10.4 | 0.3 | −4.7 | −6.2 | |
| 24.6 | −1.6 | −34.6 | 2.1 | |
| −14 | 6.1 | 34.9 | 7.9 | |
| 0.2 | 4.8 | −4.4 | 3.8 | |
| −0.2 | −0.9 | −26.3 | −8.8 | |
| −10.4 | −0.6 | −31.1 | −15 | |
| – | – | – | −1.7 |
Shareholding pattern
NSE hasn’t returned a shareholding pattern for this company.
Major shareholders
Filings & events
News
No recent news coverage found.