Surana Solar’s 10.10% margin trails the Industrials peer median
Standalone profit included Rs 0.54 cr of other income, while tax reduced Rs 1.03 cr of pre-tax profit to Rs 0.75 cr.
Filed 26 Oct 2026, 13:20 IST · Surana Solar Ltd (SURANASOL)
Key takeaways
- Standalone operating margin was 10.10%, 0.89 percentage points below the 10.99% median for 30 Industrials peers.
- Other income of Rs 0.54 cr was material against Rs 1.03 cr profit before tax, making earnings quality an important consideration.
- Net profit was Rs 0.75 cr after a 27.08% tax rate, with no interest expense reported.
Price around the results
Operating margin sits below the Industrials benchmark
Surana Solar’s standalone operating margin was 10.10%, below the 10.99% median among 30 Industrials peers that have reported the quarter. The 0.89 percentage-point gap places the company 15th from the bottom of that peer set.
Other income was a meaningful part of reported profit
Revenue was Rs 10.23 cr against expenses of Rs 9.19 cr, producing Rs 1.03 cr of operating profit. Other income added Rs 0.54 cr, while depreciation was Rs 0.54 cr and interest expense was nil. Profit before tax was Rs 1.03 cr, and the 27.08% tax rate brought net profit to Rs 0.75 cr.
No prior-period comparison or market reaction is available
The standalone filing does not provide a sequential or year-on-year comparison, so the quarter does not establish a direction for revenue, costs or margins. There is also no reported post-results stock reaction to set against the company’s past response pattern.
Q2FY27 at a glance
Standalone figures as filed with NSE — filed ahead of third-party databases, not yet independently cross-checked.
| Line item | Q2FY27 |
|---|---|
| Revenue | ₹10 cr |
| Other income | ₹1 cr |
| Expenses | ₹9 cr |
| Operating profit | ₹1 cr |
| Operating margin (%) | 10.10% |
| Interest | ₹0 cr |
| Depreciation | ₹1 cr |
| Profit before tax | ₹1 cr |
| Tax | ₹0 cr |
| Net profit | ₹1 cr |
| EPS (₹) | ₹0.15 |
Operating margin of 10.10% compares with a Industrials sector median of 10.99% across 30 peers that have reported Q2FY27.
What to watch
- Whether operating margin moves closer to or remains below the 10.99% Industrials peer median.
- Whether other income stays at Rs 0.54 cr or changes its contribution to Rs 1.03 cr of pre-tax profit.
- Whether the tax rate moves from 27.08% in the next reported quarter.