Suraj Ltd. (BSE: 531638) is a Ahmedabad, Gujarat-based company in the Iron Ores, Steel Works, Blast Furnaces, And Finishing Mills industry. With a market capitalisation of ₹376 Cr, it ranks #2,166 by market cap among the 6,137 Indian listed companies on FinBizNet, and #69 of 162 in Iron Ores, Steel Works, Blast Furnaces, And Finishing Mills. At ₹198.44 (as of 25 Oct 2026), the share price is 42.5% below its 52-week high of ₹344.95 and 11.5% above its 52-week low of ₹177.99. The share price is down 33.0% over one year and down 10.3% over three months.
| Current Price | ₹198.44 |
|---|---|
| Market Cap | ₹376 Cr |
| BSE Code | 531638 |
| Sector | Materials > Metals and Mining |
| Sub-Industry | Steel > Iron Ores, Steel Works, Blast Furnaces, And Finishing Mills |
| P/E Ratio | 50.4 |
| Return on Equity | 5.52% |
| Return on Assets | 2.46% |
| 52-Week Range | ₹177.99 – ₹344.95 |
| 1-Year Price Change | -33.0% |
| 3-Month Price Change | -10.3% |
| Beta (1Y) | 0.17 |
| Dividend Yield | 1.46% |
| Headquarters | Ahmedabad, Gujarat |
| Website | www.surajgroup.com |
| Revenue | ₹39 Cr |
|---|---|
| Net Profit | ₹3 Cr |
| Net Margin | 8.3% |
| EPS (Basic) | ₹1.95 |
| Basis | consolidated |
Figures in ₹ crore, parsed from the company's exchange filing (XBRL).
Suraj Limited manufactures and sells stainless steel seamless pipes, tubes, U tubes, flanges, and fittings in India. The company provides seamless instrumentation tubes, seamless heat exchanger tubes, seamless heat exchanger U tubes, and seamless buttweld fittings, as well as tubes, electro polished tubes, flanges and stub ends, carbon steel tubes, and forged rings. It serves pharmaceuticals, dyes and pigments, oil, gas, refinery, etc. industries. The company exports its products to approximately 70 countries. Suraj Limited was founded in 1960 and is based in Ahmedabad, India.
1. Manufacturing Stainless Steel Seamless & Welded Pipes and Tubes-This segment manufactures stainless steel seamless pipes, tubes, U tubes, flanges and fittings.
1. Manufacturing Stainless Steel Seamless & Welded Pipes and Tubes-100%
| Company | Market Cap | P/E | ROE | Latest Qtr Revenue | 1Y Change |
|---|---|---|---|---|---|
| JSW Steel Ltd. | ₹2,96,731 Cr | 13.5 | 27.26% | ₹54,486 Cr | +1.1% |
| Tata Steel Ltd | ₹2,19,211 Cr | 20.1 | 11.16% | ₹60,794 Cr | -3.6% |
| Jindal Steel & Power Ltd (JSPL) | ₹1,06,620 Cr | 31.3 | 6.77% | ₹16,679 Cr | -0.7% |
| Lloyds Metals & Energy Ltd | ₹1,04,302 Cr | 27 | 37.05% | ₹7,354 Cr | +34.7% |
| SAIL | ₹70,611 Cr | 20.7 | 5.66% | ₹26,246 Cr | +25.1% |
| NMDC Ltd | ₹63,037 Cr | 8.3 | 23.36% | ₹6,795 Cr | -12.6% |
| Jindal Stainless Ltd (JSL) | ₹60,688 Cr | 19 | 17.41% | ₹12,874 Cr | -15.0% |
| KIOCL Limited | ₹22,387 Cr | 1,289.9 | 0.96% | ₹158 Cr | -29.4% |
| Suraj Ltd. | ₹376 Cr | 50.4 | 5.52% | ₹39 Cr | -33.0% |
Listed by market capitalisation. Ratios are shown for context only.
Suraj Ltd. is trading at ₹198.44, with a market capitalisation of ₹376 Cr.
Suraj Ltd. operates in the Materials > Metals and Mining space (Steel > Iron Ores, Steel Works, Blast Furnaces, And Finishing Mills).
Suraj Ltd. has a P/E of 50.4 and a return on equity of 5.52%.
Suraj Ltd. is listed on the BSE under the scrip code 531638.
Suraj Ltd.'s share price is down 33.0% over one year and down 10.3% over three months. Its 52-week range is ₹177.99 to ₹344.95.
In Q1 FY27, Suraj Ltd. reported revenue of ₹39 Cr and net profit of ₹3 Cr, with basic EPS of ₹1.95 (consolidated, parsed from the company's exchange filing).
Data as of 25 Oct 2026. Descriptive market data only — not investment advice.