Surya Roshni shares soar 4% on bagging ₹105 crore spiral pipes supply order

The stock was trading 1.25% higher at ₹263.15 per equity share at around 1:08 pm.

The scrip has declined nearly 2% over the past five days and more than 5% over the month. It has lost about 18% in the last six months and approximately 9% year-to-date.

While the share reached a 52-week high of ₹359 on June 25, 2025, it touched a year’s low of ₹212.55 apiece on February 28, 2025.

The lighting company received a domestic order for the supply of spiral pipes with external 3 LPE coating, valued at ₹105.18 crore, excluding GST, it stated in a regulatory filing dated November 24.

The order is set to be delivered by March 31, 2026, the New Delhi headquartered firm added.

Q2 Results

Surya Roshni reported a more than 2-fold year-on-year (YoY) increase in its consolidated profit after tax (PAT) to ₹74 crore in the September quarter of FY26, compared to ₹34 crore in the year-ago period, driven by improved realisations, favorable mix, and better operating leverage.

It witnessed a 21% annual surge in its revenue from operations to ₹1,845 crore during the quarter under review, as against ₹1,529 crore in the second quarter of FY25.

At an operational level, its EBITDA (earnings before interest, tax, depreciation, and amortisation), also known as operating profit, stood at ₹141 crore for Q2FY26, marking a 69% YoY jump from ₹83 crore in the same period of the previous fiscal year.

During the September FY26 quarter, its lighting and consumer durable segment recorded a healthy increase in revenue, supported by strong double-digit volume growth in LED lamps, battens, water heaters, and mixer grinders, despite pricing pressures in certain categories.

Its steel pipes and dtrips business delivered a robust 24% YoY revenue growth, led by strong exports and a higher share of value-added products. Additionally, its EBITDA more than doubled YoY, supported by improved realisations and disciplined cost control.

The company witnessed a healthy capacity utilisation across plants, a strong ₹875 crore order book in the steel pipes and lighting & consumer durable segment, it added.

Surya Roshni has a total market capitalisation of ₹5,726 crore, as of November 25, 2025, according to data on the NSE.