Surya Roshni Q4FY26 Consolidated Results Announced

The lighting and consumer durables segment delivered robust demand, with revenue of Rs5.01 bn in the quarter, up nine per cent year-on-year and marking an all-time high for the business. Segment EBITDA was Rs440 million (mn) with margins near eight point eight per cent, supported by strength across LED bulbs, battens, downlighters, appliances and professional lighting. Professional lighting achieved revenue of Rs4.73 bn and accounted for 26 per cent of segment revenue.

The steel pipes and strips business reported resilient performance with quarterly revenue of Rs16.62 bn and sales volumes of 0.26 million tonne (mn t), the highest quarterly volume. Quarterly EBITDA improved to Rs1.26 bn, with sequential gains in EBITDA per tonne to Rs5,121, supported by better realizations and tighter inventory management. Value-added products contributed 43 per cent of volumes for the year and the company reported an order book of Rs10.00 bn in the pipes business while total order visibility at quarter end stood at Rs11.60 bn.

Surya Roshni finished the year with a net cash surplus of Rs3.37 bn and the board recommended a final dividend of Rs two point five zero per share of Rs five each in addition to the interim payout. Management outlined targets for FY27 including overall volumes near 1.10 mn t and export volumes above 0.25 mn t, alongside continued expansion in wires, PVC pipes and pumps. The company reiterated focus on value-added products, distribution expansion and export market diversification to sustain growth.