Suratwwala Business Group FY26: ₹143 Cr, ₹38 Cr PAT

Why Suratwwala Business Group is in focus

Suratwwala Business Group is back on investors’ radars ahead of its next results update, with a board meeting scheduled for August 13, 2026. The company has also reported a sharp scale-up in FY26 performance, supported by its real estate execution and solar EPC verticals. On the market side, the stock was quoted around ₹25.69 on NSE and ₹25.76 on BSE as of August 12, 2026, based on the information provided. The company’s earnings are flagged as expected on August 13, 2026.

Board meeting on August 13, 2026: agenda items

The company has scheduled a Board of Directors meeting for August 13, 2026. As per the provided details, the board will consider the un-audited standalone and consolidated financial statements for Q1 2026-2027 (period up to June 30, 2026). The board will also consider recommending a dividend for the financial year ended March 31, 2026, subject to shareholder approval. For market participants, this combination of quarterly numbers and a possible dividend recommendation often becomes a near-term catalyst.

FY26 at a glance: reported revenue and profit

For FY26 (financial year ended March 31, 2026), Suratwwala Business Group reported consolidated revenue from operations of ₹142.99 crore, a 301.3% year-on-year jump from ₹35.63 crore in FY25. Profit before tax (PBT) was reported at ₹51.61 crore, up 237.5% year-on-year. Separately, the input also states FY26 revenue of around ₹143 crore and profit after tax (PAT) of about ₹38 crore (including a specific FY2026-2027 line item of revenue ₹143.62 crore and profit ₹37.9 crore). Taken together, the disclosed numbers indicate FY26 was a step-change year in scale versus the prior base.

Segment drivers cited: real estate and solar EPC

The scale-up was attributed to real estate execution and the solar EPC business. The real estate segment (Mark Plazzo) was stated to have delivered ₹90 crore at a 46% margin. The solar EPC unit (SNER) was stated to have added ₹54 crore at a 19% margin in its first full year. The company also indicated that Suratwwala Natural Energy Resource Private Limited contributed around 38% of consolidated group revenue in FY26. In addition, it was stated that the group enters FY27 with approximately ₹100 crore of EPC and PPA-linked projects under execution.

Quarterly snapshot: Q1 (Jun 2025 vs Mar 2026 vs Jun 2024)

A quarterly table provided for the period ended Jun 2025 (Q1) includes revenue, expenses, operating income, and EPS metrics. Total revenue was listed at ₹15.95 crore for Jun 2025 versus ₹58.97 crore for Mar 2026, with a QoQ comparison shown as -25.70%. Net income was listed at ₹5.33 crore for Jun 2025 versus ₹13.28 crore for Mar 2026, with a QoQ comparison shown as -17.95%. Diluted normalized EPS was listed at 0.31 for Jun 2025 versus 0.76 for Mar 2026. These figures provide context for volatility across quarters as scale and cost lines move.

Q3FY25 trend pointers (without full absolute details)

For the quarter-ended December (Q3FY25), the company was reported to have seen a 56.9% quarter-on-quarter increase in consolidated revenues, while revenue declined 76.6% year-on-year. Expenses for the quarter were up 112.3% QoQ and down 51.8% YoY. Net profit decreased 13.6% QoQ and fell 97.1% YoY. The EPS line for Q3FY25 was referenced but the value itself was not included in the provided text.

Latest quarter indicated: Mar 2026 performance markers

Another snapshot in the input references the “Latest quarter - Mar 2026” with sales of ₹59 crore and net profit of ₹13 crore, along with an operating margin of 32.4% and EPS of ₹0.77. This aligns directionally with the quarterly dataset that lists Mar 2026 total revenue at ₹58.97 crore and net income at ₹13.28 crore. For readers tracking profitability, the operating margin figure provides a quick sense of operating leverage during the March quarter.

Key facts table

Corporate actions and disclosures noted

The board approved audited standalone and consolidated financial results for the fourth quarter and year ended March 31, 2026. The statutory auditors issued an unmodified opinion on both standalone and consolidated financial statements, as stated in the input. The company also announced a virtual investor and analyst meet scheduled for June 19, 2026, from 5:00 PM to 6:00 PM. These events matter because they shape how the company communicates its performance and outlook, and they often influence the timing of investor attention.

What investors are watching into Q1 FY27

Ahead of the August 13 board meeting, attention is likely to be on the Q1 FY27 print for both standalone and consolidated numbers, and whether the board recommends a dividend for FY26 (subject to shareholder approval). The input includes a range-based estimate: Q1 FY27E revenue of ₹23-27 crore and PAT of ₹7-9 crore, along with a 12-month target estimate of ₹30-33. These are presented as estimates from the cited source and not as company guidance. With the stock quoted near ₹25-26, the market focus will also be on whether execution in real estate and solar EPC sustains the larger FY26 base.

Conclusion

Suratwwala Business Group’s FY26 disclosures point to a sharp revenue scale-up to about ₹143 crore, with PAT around ₹38 crore and PBT of ₹51.61 crore, supported by real estate and solar EPC contributions. The next formal checkpoint is August 13, 2026, when the board is scheduled to consider Q1 FY27 results and a possible dividend recommendation for FY26. Investors will also track how the company’s stated pipeline of approximately ₹100 crore of EPC and PPA-linked projects under execution translates into reported numbers in FY27.