On 6 Nov 2026, Susan Electricals India was priced at ₹205.55, or 15.7× trailing earnings, against an industry P/E of 30.0×, and the shares are 44% below their 52-week high. Its ROCE of 75% is the highest among the 7 largest Electrical Equipment & Parts peers, and sales grew 52% a year over 3 years. Debt is 1.15× equity. It is listed on an SME platform with a market cap of ₹418 Cr, ranked 58th of 97 Electrical Equipment & Parts companies by market cap; the shares rose 5.2% over the past year.
- ₹211.75
- ₹211.75
- ₹203.80
- ₹212.70
- 52K
Health check
- ReturnsIn line
+5.2% over a year, better than 4 of 7 peers.
- Price tagCheaper
P/E 15.7 vs industry 30.0.
- GrowthStrong
Sales +51.7%, profit +256.7% a year over 3 years.
- ProfitabilityStrong
ROCE 74.6% vs peer median 22.1%.
- Balance sheetFair
Debt 1.15× equity, interest covered 5.6×, Piotroski 7 of 9.
- Red flags1 to check
44% below its 52-week high.
Small cap
Market sensitivity
Key metrics
- Market cap
- ₹418 Cr
- Small cap
- P/E
- 15.7
- Industry 30.0
- Price to book
- 3.95
- Peers 7.24
- Dividend yield
- 0.00%
- ROE
- 64.6%
- Peers 18.0%
- ROCE
- 74.6%
- Peers 22.1%
- Debt to equity
- 1.15
- Debt ₹122 Cr
- EPS (TTM)
- ₹13.11
- OPM (TTM)
- 11.4%
- Net margin 6.7%
- Sales growth
- +279.0%
- Latest quarter vs a year ago
- Profit growth
- +1.5%
- Latest quarter vs a year ago
- Price to sales
- 1.04
- EV/EBITDA 10.4
Strengths and risks
Strengths
- Return on equity of 64.6%.
- Return on capital employed of 74.6%.
- Quarterly sales up 279.0% on a year ago.
- P/E of 15.7 against an industry P/E of 30.0.
Risks to check
- 44% below its 52-week high.
About Susan Electricals India
Susan Electricals India Limited manufactures and sells wires and cables in India. The company offers aluminum wires and strips, conductors, aerial bunched cables, HT and other cables, medium voltage copper conductor (MVCC) cables, and DPC double paper covered wires. It also provides LT unarmored aluminum cables, LT (low tension) PVC armored aluminum cables, winding aluminum wires and strips, winding copper wires and strips, super enamel winding aluminum…
- Headquarters
- Ghaziabad
- Employees
- 216
- Sector
- Industrials
- ISIN
- INE2L0V01019
- Website
- seil.net.in
Price range
- Avg volume (3M)
- 1.4 L
- 1-year return
- plus 5.2%
- From 52-week high
- minus 43.9%
Peers · Electrical Equipment & Parts
| Company | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| POWERINDIAHitachi Energy India | 27,800.00 | minus 1.42% | 1,23,911 | 107.7 | 95.3 | 24.9% | 16.1% | 0.02 | 22.2% | plus 37.9% |
| CGPOWERCG Power and Industrial Solutions | 773.00 | minus 4.43% | 1,21,785 | 88.6 | 72.5 | 19.3% | 13.1% | 0.02 | 21.2% | plus 8.2% |
| POLYCABPolycab India | 7,871.00 | plus 0.28% | 1,18,613 | 37.5 | 29.0 | 30.4% | 13.6% | 0.02 | 26.6% | plus 3.8% |
| HAVELLSHavells India | 1,128.00 | plus 5.61% | 70,789 | 42.6 | 30.0 | 22.1% | 9.1% | 0.02 | 9.9% | minus 28.1% |
| APARINDSApar Industries | 14,106.00 | minus 9.65% | 59,065 | 41.6 | 30.7 | 26.7% | 9.5% | 0.12 | 17.0% | plus 87.2% |
| KEIKEI Industries | 3,988.00 | minus 1.80% | 38,143 | 36.1 | 29.9 | 18.7% | 11.0% | 0.04 | 19.1% | plus 1.8% |
| HONAUTHoneywell Automation India | 30,080.00 | minus 0.79% | 26,613 | 47.0 | 35.7 | 15.7% | 13.8% | 0.02 | 10.9% | minus 17.5% |
| SUSANSusan Electricals India | 205.55 | minus 3.36% | 418 | 15.7 | 15.1 | 74.6% | 11.4% | 1.15 | 51.7% | plus 5.2% |
| Median of 7 peers | – | −1.42% | 70,789 | 42.6 | 30.7 | 22.1% | 13.1% | 0.02 | 19.1% | 3.8% |
Quarterly results
| ₹ Cr | Jun 25 | Mar 26 | Jun 26 |
|---|---|---|---|
| 25.2 | 115 | 95.4 | |
| 24.1 | 98.7 | 84 | |
| 1.1 | 16.2 | 11.4 | |
| 4.2% | 14.1% | 11.9% | |
| 0 | −0.1 | 0.1 | |
| 1.3 | 1.7 | 2.3 | |
| 0.3 | 0.5 | 0.5 | |
| −0.4 | 13.9 | 8.6 | |
| 7.0% | 25.7% | 25.5% | |
| −0.4 | 10.3 | 6.4 | |
| -0.20 | – | 3.93 |
Profit & loss
- Sales CAGR 3Y
- +51.7%
- Profit CAGR 3Y
- +256.7%
- EPS CAGR 3Y
- +256.7%
- ROE
- 64.6%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 76 | 101 | 133 | 266 | |
| – | +33.0% | +31.8% | +99.5% | |
| 74.2 | 97.4 | 121 | 234 | |
| 1.8 | 3.6 | 12 | 32.1 | |
| 2.4% | 3.6% | 9.0% | 12.1% | |
| −0.1 | −0.4 | −0.2 | −0.6 | |
| 0.9 | 1.5 | 3 | 5.3 | |
| 0.3 | 0.7 | 1 | 1.5 | |
| – | – | – | 0 | |
| 0.6 | 1.1 | 7.8 | 24.6 | |
| 28.6% | 30.8% | 28.0% | 25.9% | |
| 0.4 | 0.8 | 5.7 | 18.2 | |
| – | +88.1% | +647.7% | +222.9% | |
| 0.20 | 0.37 | 2.78 | 8.97 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 2.3 | 3 | 5 | 15.6 | |
| 1 | 3.2 | 13 | 22.9 | |
| 14.7 | 24.8 | 45.3 | 66.7 | |
| 15.6 | 7.1 | 10.4 | 24.9 | |
| 33.6 | 38.1 | 73.7 | 130 | |
| 6.3 | 9.7 | 10.1 | 12.8 | |
| 1.6 | – | – | – | |
| 1 | 1.4 | 4 | 7.1 | |
| 0.1 | 0.4 | 1 | 0.9 | |
| 24.5 | 26.7 | 58.6 | 109 | |
| 33.6 | 38.1 | 73.7 | 130 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 2 | −5.5 | −18.4 | −9.7 | |
| −3.3 | −4.6 | −4.1 | −7.6 | |
| 1.2 | 10.3 | 23.1 | 17.2 | |
| −0.2 | 0.2 | 0.6 | −0.1 | |
| −4.3 | −4.2 | −1.6 | −4.3 | |
| −2.3 | −9.7 | −20 | −14 |
Shareholding pattern
This company is listed only on BSE, so there’s no NSE category split. See Major shareholders below for the named holders.
Major shareholders
Filings & events
News
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