🔍

SURANAT&P - Surana Telecom

📊 NSE: SURANAT&P 🏢 Power Generation And Supply 📅 Last Updated: 12/14/2025 13:57

📢 Recent Corporate Announcements

Surana Telecom Q3 FY26 Net Profit Jumps 351% YoY to ₹4.31 Crore

🟢 POSITIVE ⭐ 8/10

EARNINGS 📅 07 Feb 2026, 12:11 PM

Surana Telecom and Power reported a massive 955% YoY increase in standalone revenue to ₹21.68 crore for the quarter ended December 31, 2025. Net profit surged to ₹4.31 crore from ₹0.95 crore in the previous year, primarily driven by a significant turnaround in the 'Infra & Others' segment. While the solar segment faced a revenue decline and a segment loss, the overall performance was bolstered by ₹6.81 crore in other income. The company's EPS rose significantly to ₹0.32 from ₹0.07.

Standalone Revenue from operations grew 955% YoY to ₹2,167.90 Lakhs in Q3 FY26.
Net Profit for the quarter increased to ₹430.72 Lakhs from ₹95.43 Lakhs in the previous year.
Infra & Others segment revenue skyrocketed to ₹2,117.23 Lakhs from ₹81.80 Lakhs YoY.
Renewable Energy (Solar) segment revenue declined to ₹50.66 Lakhs, posting a segment loss of ₹39.35 Lakhs.
Other income contributed ₹680.84 Lakhs to the total income of ₹2,848.73 Lakhs for the quarter.

💡 Investors should monitor the sustainability of the growth in the 'Infra & Others' segment, as it has become the primary revenue driver. The decline in the solar segment and the high contribution of other income to the bottom line are key areas to watch for long-term stability.

Surana Telecom & Power Q3 Standalone Net Profit Jumps 351% YoY to ₹4.31 Crore

🟢 POSITIVE ⭐ 8/10

EARNINGS 📅 07 Feb 2026, 12:08 PM

Surana Telecom and Power Limited reported a massive surge in standalone revenue for Q3 FY26, reaching ₹21.68 crore compared to just ₹2.06 crore in the same quarter last year. This growth was primarily driven by the 'Infra & Others' segment, which contributed ₹21.17 crore to the top line. Consequently, standalone net profit rose significantly to ₹4.31 crore from ₹0.95 crore YoY. While the Renewable Energy (Solar) segment saw a decline in revenue, the overall financial performance was bolstered by strong infrastructure-related activities and higher other income.

Standalone Revenue from operations grew by 955% YoY to ₹2,167.90 Lakhs in Q3 FY26.
Net Profit for the quarter increased by 351% YoY to ₹430.72 Lakhs from ₹95.43 Lakhs.
Infra & Others segment revenue skyrocketed to ₹2,117.23 Lakhs compared to ₹81.80 Lakhs in the previous year's quarter.
Total Income for the nine-month period ended Dec 2025 reached ₹4,403.59 Lakhs, a 225% increase YoY.
Earnings Per Share (EPS) for the quarter improved to ₹0.32 from ₹0.07 in Q3 FY25.

💡 Investors should note the significant scale-up in the infrastructure segment which has transformed the company's bottom line this quarter. However, the decline in solar segment revenue warrants a cautious watch on the company's long-term energy transition strategy.

Surana Telecom and Power Sells Industrial Land in Telangana for ₹24.04 Crores

🟢 POSITIVE ⭐ 6/10

OTHER 📅 28 Jan 2026, 03:32 PM

Surana Telecom and Power Limited has completed the sale of 9,364.50 sq. yards of industrial land located at Cherlapally, Telangana. The transaction was executed for a total consideration of ₹24.04 Crores to multiple independent industrial entities. This sale follows a prior Board approval from September 2025 and is not a related party transaction. The cash inflow provides a significant liquidity boost to the company's balance sheet.

Total sale consideration of ₹24.04 Crores received for industrial land disposal.
Land parcel admeasures 9,364.50 sq. yards situated at Phase-II, I.D.A. Cherlapally.
Transaction completed on January 28, 2026, involving six different purchasing entities.
The sale does not constitute the disposal of a substantial undertaking under Section 180(1)(a).
Proceeds are from non-related parties, ensuring an arm's length transaction.

💡 Investors should look for management commentary on the utilization of these proceeds, specifically whether they will be used for debt reduction or capital expenditure. The stock may see positive momentum due to the immediate cash realization from a non-core asset.

Surana Telecom Subsidiary Acquires 8-Acre Land in Hyderabad for ₹80.80 Crore

🟢 POSITIVE ⭐ 7/10

EXPANSION 📅 19 Jan 2026, 01:58 PM

Topsun Solar Private Limited, a wholly owned subsidiary of Surana Telecom and Power Limited, has completed the purchase of 8.00 acres of land in IDA-Nacharam, Hyderabad. The land was acquired from United Breweries Limited for a total consideration of INR 80.80 Crore plus registration charges. This acquisition is intended to strengthen the company's operational capabilities, likely within its solar energy business segment. The transaction was finalized on January 19, 2026, and is not a related party transaction.

Acquisition of 8.00 acres (32,374.9 square meters) of land in Medchal-Malkajgiri District, Hyderabad
Total purchase consideration of INR 80.80 Crore plus applicable registration charges
Seller identified as M/s. United Breweries Limited with no promoter group involvement
Transaction completed through wholly owned subsidiary Topsun Solar Private Limited to boost operational capacity

💡 Investors should monitor for follow-up announcements regarding the specific project or facility to be developed on this land. The significant investment of ₹80.80 Crore suggests a major expansion phase for the company's solar subsidiary.

Surana Telecom Incorporates New Solar Subsidiary Bhagyanagar Solar Private Limited

🟢 POSITIVE ⭐ 6/10

EXPANSION 📅 09 Jan 2026, 03:36 PM

Surana Telecom and Power Limited has incorporated a new wholly owned subsidiary named Bhagyanagar Solar Private Limited on January 8, 2026. The new entity is established with an authorized capital of Rs. 1,00,000 to focus on the generation, transmission, and distribution of solar and renewable energy. This strategic move is intended to facilitate the execution of various solar projects and expand the company's footprint in the green energy sector. As a newly formed entity, it has not yet commenced business operations or generated turnover.

Incorporated Bhagyanagar Solar Private Limited as a 100% wholly owned subsidiary
Authorized share capital of the new subsidiary is Rs. 1,00,000
Subsidiary will focus on trading, generating, and distributing solar and renewable energy products
100% subscription to the share capital was completed through cash consideration
Entity incorporated on January 8, 2026, to execute specific solar projects

💡 Investors should view this as a positive step toward scaling the company's renewable energy portfolio, though the immediate financial impact is negligible given the small initial capital. Monitor future announcements regarding specific solar project wins under this new subsidiary.

Surana Telecom Complies with SEBI Depository Regulations for Q3 Ended Dec 2025

🟡 NEUTRAL ⭐ 2/10

ROUTINE 📅 05 Jan 2026, 12:01 PM

Surana Telecom and Power Limited has submitted its quarterly compliance certificate for the period ending December 31, 2025. The document, provided by KFin Technologies Limited, confirms adherence to SEBI (Depositories and Participants) Regulations, 2018. It verifies that share dematerialization and rematerialization requests were handled correctly and reported to the exchanges. This filing is a standard procedural requirement for listed companies in India and does not reflect any change in business fundamentals.

Quarterly compliance certificate submitted for the period ending December 31, 2025
Certificate issued by KFin Technologies Limited, the company's Registrar and Share Transfer Agent
Confirms compliance with Regulation 74(5) regarding security dematerialization and rematerialization
Notification sent to both BSE and NSE stock exchanges on January 5, 2026

💡 No action is required as this is a standard administrative disclosure. Investors should focus on upcoming quarterly financial results for performance assessment.

Surana Telecom and Power Announces Trading Window Closure from January 1, 2026

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 26 Dec 2025, 12:53 PM

Surana Telecom and Power Limited has announced the closure of its trading window effective January 1, 2026, in compliance with SEBI Insider Trading regulations. This closure is preparatory to the declaration of financial results for the third quarter ending December 31, 2025. The window will remain closed for all designated persons until 48 hours after the results are made public. The specific date for the board meeting to approve these results will be communicated separately.

Trading window closure starts on January 1, 2026, for all designated persons and their relatives.
The closure is linked to the upcoming financial results for the quarter ending December 31, 2025.
The window will reopen 48 hours after the official declaration of the Q3 financial results.
The announcement follows SEBI (Prohibition of Insider Trading) Regulations, 2015.

💡 This is a routine regulatory announcement ahead of quarterly earnings. Investors should wait for the announcement of the board meeting date to prepare for the company's Q3 financial performance results.

Surana Telecom Bags 51.3 MW Solar Projects Worth Rs 175 Crore in Madhya Pradesh

🟢 POSITIVE ⭐ 8/10

EXPANSION 📅 23 Dec 2025, 05:42 PM

Surana Telecom and Power Limited has received eight Letters of Award (LOAs) for developing 51.3 MW of solar power projects under the PM KUSUM-C Scheme. The projects involve a total estimated investment of Rs. 175 crores and will be located in Madhya Pradesh. The company has secured a power sale tariff of Rs. 2.74 per KWh for a long-term period of 25 years. Additionally, the projects are eligible for a central subsidy of Rs. 1.05 crore per MW, enhancing the financial viability of the expansion.

Total allocated capacity of 51.3 MW (AC) across 8 grid-connected solar PV projects
Estimated total project investment of approximately Rs. 175 crores
Fixed tariff of Rs. 2.74 per KWh with a 25-year Power Purchase Agreement (PPA)
Eligible for Central Financial Assistance (CFA) subsidy of Rs. 1.05 crore per MW
Execution timeline of 12 months from the date of Letter of Award

💡 Investors should view this as a significant growth driver that provides long-term revenue visibility; however, monitoring the timely execution and funding of the Rs. 175 crore outlay is essential.

View All SURANAT&P Announcements on Live Market Tracking →

💰 Financial Performance

Revenue Growth by Segment

The Infra & Others segment grew by 347.7% YoY to INR 855.19 Lakhs in H1 FY26, while the Renewable Energy (Solar) segment experienced a 9.5% decline to INR 495.84 Lakhs compared to INR 547.89 Lakhs in H1 FY25.

Geographic Revenue Split

The company operates in both domestic and overseas markets; however, the specific percentage split between regions is not disclosed in the available documents.

Profitability Margins

The Net Profit Margin for FY25 was 298.67%, a significant increase from 49.18% in FY24. For H1 FY26, the consolidated Net Profit was INR 261.56 Lakhs, representing a 29.8% decline from INR 372.89 Lakhs in H1 FY25.

EBITDA Margin

Consolidated Segment Results (Profit before tax and interest) for H1 FY26 was INR 85.90 Lakhs, up 78.9% from INR 48.01 Lakhs in H1 FY25, though overall net profitability was impacted by lower other income.

Capital Expenditure

Historical depreciation and amortization for H1 FY26 was INR 106.46 Lakhs compared to INR 207.25 Lakhs in H1 FY25; specific planned future CapEx in INR Cr is not disclosed.

Credit Rating & Borrowing

The company maintains a 'Stable' outlook from CARE Ratings (as of November 08, 2023). Finance costs for H1 FY26 were INR 10.66 Lakhs, an increase of 9% from INR 9.78 Lakhs in H1 FY25.

⚙️ Operational Drivers

Raw Materials

Key raw materials include petroleum-based inputs for Petroleum Jelly and components for Telecom Jointing Kits; specific percentage of total cost per material is not disclosed.

Import Sources

Not specifically disclosed, though the company notes exposure to global demand/supply conditions and domestic markets.

Capacity Expansion

Current and planned capacity in MW or MT is not specified, though the company operates in the Renewable Energy (Solar) and Infrastructure sectors.

Raw Material Costs

Cost of Traded Goods for H1 FY26 was INR 650.57 Lakhs, representing approximately 48.1% of consolidated revenue, compared to just INR 27.75 Lakhs in H1 FY25.

Manufacturing Efficiency

Inventory turnover improved significantly, with inventory days dropping from 20 days in FY24 to 0 days in FY25, indicating a shift in operational model or liquidation of stock.

📈 Strategic Growth

Expected Growth Rate

82.80%

Growth Strategy

Growth is being driven by a massive expansion in the Infrastructure segment (347.7% growth in H1 FY26). The company is pivoting from its historical focus on petro/telecom products toward renewable energy and infrastructure services to capture market demand.

Products & Services

Solar power generation, Infrastructure services, Petroleum Jelly, and Telecom Jointing Kits.

Brand Portfolio

Surana Telecom and Power.

New Products/Services

The company has transitioned from manufacturing petro products to renewable energy and infrastructure; specific new product revenue contributions are not quantified.

Market Expansion

The company targets both domestic and overseas markets for its products and services.

Strategic Alliances

The group includes four subsidiaries and one associate company, Surana Solar Limited.

🌍 External Factors

Industry Trends

The industry is shifting toward renewable energy; the company's solar segment currently faces profitability challenges with a segment loss of INR 57.29 Lakhs in H1 FY26, while the infrastructure sector is showing rapid growth.

Competitive Landscape

The company operates in highly competitive sectors including solar power and infrastructure where pricing is largely market-driven.

Competitive Moat

The company relies on its long-standing presence since 1989 and diversification into infrastructure; however, it faces high competition and regulatory sensitivity in the solar space.

Macro Economic Sensitivity

Highly sensitive to global and domestic economic developments and demand/supply conditions affecting the price of finished goods.

Consumer Behavior

Demand is driven by government and industrial shifts toward green energy and infrastructure development.

Geopolitical Risks

Operations are subject to global demand/supply conditions and changes in international trade environments.

⚖️ Regulatory & Governance

Industry Regulations

Operations are governed by government regulations affecting solar tariffs, infrastructure project norms, and petroleum product standards.

Environmental Compliance

Not specifically quantified in INR, but the company operates in the renewable energy sector which is subject to environmental norms.

Taxation Policy Impact

The company is subject to changes in Indian tax laws; H1 FY26 tax expense was INR 80.97 Lakhs on a consolidated PBT of INR 342.53 Lakhs (~23.6% effective rate).