Surya Roshni Q4 FY26 Call: Transcript Released, FY27 Outlook Positive
Surya Roshni released its Q4 FY26 earnings call transcript. The company reported FY26 consolidated revenue of ₹7,540 crore and PAT of ₹286 crore, maintaining zero debt with a ₹337 crore cash surplus. For FY27, it targets ₹9,400-₹9,500 crore revenue and ₹680-₹700 crore EBITDA, with significant growth projected in steel exports.
The transcript release provides detailed insights into the company's performance and future strategy, which is important for investors. The positive outlook and growth projections are significant.
The company is positive about its future outlook, projecting FY27 to be the best year in its history with significant growth in revenue and EBITDA, despite some challenges faced in FY26.
Surya Roshni Limited has released the transcript of its Earnings Call (Group Meet) for the quarter and year ended March 31, 2026. The call, which took place on May 25, 2026, discussed the audited financial results and operational performance.
During the call, the company reported consolidated revenue of ₹2,163 crores for Q4 FY26, remaining broadly stable year-on-year. EBITDA for the quarter was ₹170 crores with margins of 7.9%, and PAT stood at ₹98 crores. For the full year FY26, consolidated revenue was ₹7,540 crores, with EBITDA at ₹541 crores and PAT at ₹286 crores. The company highlighted its position as a zero-debt entity with a net cash surplus of ₹337 crores as of March 31, 2026. A final dividend of ₹2.50 per share was declared, bringing the total for FY26 to ₹5.00 per share.
The Lighting & Consumer Durables segment reported Q4 FY26 revenue of ₹501 crores and full-year revenue of ₹1,809 crores, a 7% growth. The Steel Pipe and Strip segment saw Q4 FY26 revenue of ₹1,662 crores and full-year revenue of ₹5,731 crores. The company noted that the Steel segment's performance was impacted by geopolitical disruptions, particularly the Middle East crisis, affecting exports. However, the company is targeting a total volume of 11 lakh tons for FY27, a nearly 21% growth over FY26, and anticipates significant growth in value-added products and exports, particularly to North America.
Management expressed confidence in FY27 being the best year in the company's 50-year history, projecting combined EBITDA for Steel and Lighting to be around ₹680 crores to ₹700 crores, with revenue expected to reach ₹9,400 crores to ₹9,500 crores. Discussions also touched upon potential buyback plans and the demerger of the Lighting and Consumer Durable business, with updates expected after the next board meeting.
What to do with a filing like this
Surya Roshni Limited filed this with the NSE as a statutory disclosure, categorised under concall transcript released. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
That call is the part a filing cannot make for you. On RealCase, SEBI-registered research analysts and investment advisers read announcements like this one and turn the ones that matter into actions inside their model portfolios: a change in weight, a hold, or nothing at all. You are not left working out which of the roughly 250 filings published each day needs a response. The portfolio you follow is updated when a filing actually warrants it, with the reason written down.
See the model portfoliosA plain-language summary of a public exchange filing by Surya Roshni Limited. Read the original for the full detail.