Q3-FY26 · B.B. Singh
We are a zero debt company with a net cash surplus of ₹250 crore and we will try to ensure shareholders get advantage through interim dividends
Surya Roshni · tone and specificity signals across the available quarters.
Language signals
We are a zero debt company with a net cash surplus of ₹250 crore and we will try to ensure shareholders get advantage through interim dividends
Minimum ₹5,000 per ton EBITDA full year FY27 and ₹540-550 crore EBITDA from steel division alone — this is a commitment we want to give to investors
We are the first company in India whose ERW pipe has been approved by ONGC for seamless pipe replacement — this is a very big silver lining for Surya Roshni in terms of both volume and margins
FY26 will be the best year in Surya Roshni's 50-year history, and FY27 will also be almost the same. Already two months are almost over and we are growing in extraordinary volumes and profitability.
The biggest reason is this is tendering business which is not in our control, and competition has increased over the past years along with government spending pressure.
We remain confident that the current global supply chain realignment presents a structural long-term opportunity for efficient Indian manufacturers with integrated capabilities. Surya Roshni is exceptionally doing well and we are well positioned to capture that upside.