Surya Roshni Limited — PPTs, 13-08-2025: Investor Presentation

**1. Financial Highlights:**

Q1 FY26 consolidated revenue was ₹1,605 Cr (down 15% YoY), with EBITDA at ₹83 Cr (down 48% YoY) and PAT at ₹34 Cr. Margins tightened to 5.14% due to softer commodity prices and muted government project activity. The balance sheet remains strong with a net cash surplus of ₹331 Cr.

**2. Strategic Initiatives & Growth Drivers:**

The company commissioned a new spiral pipe project and a large-diameter section pipe facility to boost exports. Its domestic house wiring and cables (HWCs) unit is set to launch. Robust demand drivers in infrastructure, oil & gas, housing, and consumer segments underpin future growth.

**3. Business Developments:**

New product rollouts include a range of LED lighting (bulbs, battens), various appliances, and Wires & Cables. Cricketer Suryakumar Yadav has been appointed as the new brand ambassador for Steel Tubes & Pipes.

**4. Market Position & Competitive Advantage:**

Surya Roshni holds a leading position as the #1 ERW GI pipe manufacturer and exporter from India. It is also a #2 consumer lighting brand, leveraging a vast distribution network. Investments in technology and PLI benefits for backward integration solidify its competitive edge.

**5. Investor Implications:**

Despite Q1 headwinds impacting profitability, strategic expansions, fresh product launches, and solid order books (~₹750 Cr Steel Pipes, ~₹100 Cr Professional Lighting) indicate positive growth potential. Execution of these plans will be a key monitorable.