SURYAROSNI NSE filing

Surya Roshni Q4FY26 Revenue at ₹2,163 Cr, PAT ₹98 Cr; Steel Pipes Dispatch Hits Record High

The RealCase readMedium impact Positive

Surya Roshni reported Q4 FY26 consolidated revenue of ₹2,163 crore, up 1% YoY. PAT stood at ₹98 crore, up 23% QoQ. The Steel Pipes & Strips business achieved record quarterly dispatch volumes of 2.6 lakh tonnes. Full-year FY26 revenue was ₹7,540 crore, with PAT at ₹286 crore.

Why it matters

The results show a mixed performance with sequential improvements in the quarter but a year-on-year decline in full-year profitability. The record dispatch volumes in the steel pipes segment are a positive highlight, but the overall financial impact is moderate.

The market read

The company reported stable revenue and sequential growth in PAT for Q4 FY26. The steel pipes segment achieved record dispatch volumes, indicating strong operational performance. While full-year PAT saw a decline, the sequential improvements and record operational achievements are positive indicators.

Surya Roshni Limited announced its financial results for the fourth quarter and full year ended March 31, 2026. In Q4 FY26, the consolidated revenue stood at ₹2,163 crore, a 1% increase year-on-year and a 12% increase sequentially. EBITDA for the quarter was ₹170 crore with margins of approximately 7.9%, and Profit After Tax (PAT) was ₹98 crore, showing a 23% sequential improvement.

The Lighting & Consumer Durables segment reported revenue of ₹501 crore in Q4 FY26, a 9% year-on-year growth, driven by strong demand across consumer and professional lighting and appliances. For the full year FY26, this segment's revenue grew by 7% to ₹1,809 crore.

The Steel Pipes & Strips business achieved its highest-ever quarterly dispatch volumes of approximately 2.6 lakh tonnes in Q4 FY26. Revenue for this segment in Q4 FY26 was ₹1,662 crore, a 2% decrease year-on-year, while for the full year FY26, revenue stood at ₹5,731 crore, a marginal 0% change. The business also saw value-added products contributing approximately 43% of overall volumes, and hollow section pipes achieved their highest-ever quarterly sales.

The company's consolidated PAT for FY26 stood at ₹286 crore, an 18% decrease compared to ₹347 crore in FY25. Consolidated revenue for FY26 was ₹7,540 crore, a 1% increase from ₹7,436 crore in FY25. EBITDA for FY26 was ₹541 crore, an 11% decrease from ₹609 crore in FY25.

Surya Roshni also highlighted its expanding product range, strengthening financial position with a net cash surplus of ₹337 crore as of March 31, 2026, and strategic investments in technology and brand building. The company has appointed cricketer Suryakumar Yadav as the brand ambassador for its Steel Tubes & Pipes business.

Filing to action

What to do with a filing like this

Surya Roshni Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.

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Primary source

A plain-language summary of a public exchange filing by Surya Roshni Limited. Read the original for the full detail.

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