Suratwwala FY26 Revenue Surges 301% to ₹143 Cr, PBT Up 238%
Suratwwala Business Group Limited reported a transformational FY26 with consolidated revenue soaring 301% to ₹142.99 crore and PBT up 237.5% to ₹51.61 crore. The Solar EPC vertical contributed 38% of revenue. The company is focused on cash conversion and WIP monetization in FY27.
The dramatic increase in revenue and profit, coupled with strategic expansion into the solar EPC sector, suggests a significant positive impact on the company's financial performance and market position. The growth figures are substantial and indicate a fundamental positive shift.
The company has reported significant year-on-year growth in revenue and profit, alongside strengthening its balance sheet and diversifying its business segments. The operationalization of the solar vertical and its substantial contribution to revenue indicate positive business momentum.
Suratwwala Business Group Limited (SBGLP) announced its audited consolidated financial results for the year ended March 31, 2026. The company reported a significant year-on-year growth, with revenue from operations increasing by 301.3% to ₹142.99 crore in FY26, up from ₹35.63 crore in FY25.
Profit Before Tax (PBT) also saw a substantial rise of 237.5% YoY, reaching ₹51.61 crore compared to ₹15.29 crore in the previous fiscal year. This growth is attributed to operating leverage across both the real estate and solar EPC business verticals.
The company's net worth increased by 57.5% YoY to ₹110.41 crore, while total assets expanded by 42.0% YoY to ₹262.98 crore. This strengthening of the balance sheet is a result of earnings and continued investment in growth initiatives.
The Solar EPC vertical, operated through its subsidiary Suratwwala Natural Energy Resource Private Limited (SNER), has scaled up considerably in FY26, contributing approximately 38% of the consolidated Group revenue. Real estate execution was primarily driven by the SMP Buildings C, D, and E projects.
Looking ahead to FY27, the company's focus areas include milestone-based collections, disciplined working capital management, converting work-in-progress (WIP) into recognized revenue, treasury optimization, and selective growth in the Solar EPC pipeline. The Solar EPC vertical enters FY27 with approximately ₹100 crore of EPC and PPA-linked projects under execution.
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