Surya Roshni Limited (SURYAROSNI) Earnings Call Transcripts
Surya Roshni Limited's Latest Earnings Call - Q4 FY2026
In Q4 FY '26, Surya Roshni Limited reported consolidated revenue of INR 2,163 crores, reflecting a year-on-year growth of 1%. However, EBITDA decreased to INR 170 crores from INR 211 crores in the prior year, resulting in a margin of 7.9%. For the full fiscal year, revenue reached INR 7,540 crores, up from INR 7,436 crores, but EBITDA fell to INR 541 crores compared to INR 609 crores in FY '25. Management maintained a cautious outlook, indicating challenges due to geopolitical factors and input cost pressures, while also highlighting a strong order book and growth potential in the lighting and consumer durables segment.
Reported metrics
| Metric | Value |
|---|---|
| Q4 Revenue | INR 2,163 crores (inline) |
| Q4 EBITDA | INR 170 crores (miss) |
| Q4 EBITDA Margin | 7.9% (negative) |
| FY '26 Revenue | INR 7,540 crores (inline) |
| FY '26 EBITDA | INR 541 crores (miss) |
| Net Cash Surplus | INR 340 crores (positive) |
Guidance from management
Management indicated a revenue target of INR 260 crores for the wire and cable business in FY '27 and aims for a 22% to 25% growth in the lighting and consumer durables segment over the medium term.
What management said
Yes, Mr. Pal, thank you very much. For [Foreign Language] Middle East crisis [Foreign Language] First quarter FY '26 because of the SAP implementation [Foreign Language] EBITDA [Foreign Language] throughout the year [Foreign Language] EBITDA [Foreign Language] profitability [Foreign Language] maintain [Foreign Language] FY '26 Surya Roshni Limited
FY '27 [Foreign Language] already almost [Foreign Language] profitability [Foreign Language] Middle East [Foreign Language] growth [Foreign Language] EBITDA front [Foreign Language]
What analysts pressed on
Analysts expressed concerns about the decline in EBITDA margins and the impact of geopolitical factors on steel prices. There were questions regarding the company's ability to sustain growth amid rising input costs and competition in the market.
Main topics on the call
- Stable Revenue Performance — Surya Roshni's consolidated revenue for Q4 FY '26 was INR 2,163 crores, 'remaining broadly stable year-on-year.' This reflects a slight growth of 1% compared to INR 2,146 crores in Q4 FY '25.
- Declining EBITDA and Profitability — The company's EBITDA for Q4 FY '26 decreased to INR 170 crores from INR 211 crores in the previous year, resulting in a margin of 7.9%. This decline was attributed to 'input cost pressure' and 'elevated steel prices vola...
- Strong Lighting Segment Growth — The lighting and consumer durables segment achieved revenue of INR 501 crores in Q4 FY '26, a 9% year-on-year increase. Management noted that March 2026 was the 'highest monthly sale month' across all categories in this ...
- Steel Division Resilience — Despite geopolitical disruptions, the steel pipe segment reported revenue of INR 1,662 crores for Q4 FY '26. The management indicated that the current order book for the steel division is 'about INR 1,000 crores,' provid...
Read the full Surya Roshni Limited transcript (Q4 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.
About Surya Roshni Limited
Surya Roshni Limited (SURYAROSNI) is a publicly listed company in the Metals and Mining industry, within the Materials sector. It trades on NSEI and is based in IN. EarningsCalls.dev maintains a free, full-text archive of its earnings call transcripts — 17 calls on record spanning May 26, 2021 to August 11, 2026. Every transcript is split into speaker-by-speaker segments with headline metrics, free to read or available through our REST API.
Earnings Call History
EarningsCalls.dev has 17 Surya Roshni Limited earnings call transcripts on record, spanning May 26, 2021 to August 11, 2026. Based on this history, Surya Roshni Limited reports semi-annually. The most recent call on file is dated August 11, 2026. The full list is below — each row opens the complete, free-to-read transcript.
- Ticker
- SURYAROSNI
- Exchange
- NSEI
- Country
- IN
- Sector
- Materials
- Industry
- Metals and Mining
- Calls on record
- 17
- First call
- May 26, 2021
- Most recent
- August 11, 2026
- Reporting cadence
- semi-annually
| Quarter | Date | |
|---|---|---|
| Q1 FY2027 | Aug 11, 2026 | Read transcript → |
| Q4 FY2026 | May 25, 2026 | Read transcript → |
| Q3 FY2026 | Feb 11, 2026 | Read transcript → |
| Q2 FY2026 | Nov 11, 2025 | Read transcript → |
| Q1 FY2026 | Aug 13, 2025 | Read transcript → |
| Q3 FY2025 | Feb 6, 2025 | Read transcript → |
| Q2 FY2025 | Nov 14, 2024 | Read transcript → |
| Q1 FY2025 | Aug 9, 2024 | Read transcript → |
| Q4 FY2024 | May 15, 2024 | Read transcript → |
| Q3 FY2024 | Feb 8, 2024 | Read transcript → |
| Q2 FY2024 | Nov 2, 2023 | Read transcript → |
| Q1 FY2024 | Aug 11, 2023 | Read transcript → |
| Q4 FY2023 | Apr 27, 2023 | Read transcript → |
| Q3 FY2023 | Jan 18, 2023 | Read transcript → |
| Q2 FY2023 | Nov 10, 2022 | Read transcript → |
| Q1 FY2022 | Aug 2, 2021 | Read transcript → |
| Q4 FY2021 | May 26, 2021 | Read transcript → |