Surya Roshni Limited · NSE:SURYAROSNI
Surya Roshni — Investor Presentation (August 2025)
55 slides from Surya Roshni's investor presentation, Aug 13, 2025
Slide 1: Filing cover letter to stock exchanges
BuruuoflncllaftSbndanls SURYA ROSHNI LIMITED An IS/ISO 9001 , An IS/ISO 14001 & IS: 18001 Company CIN -L31501HR1973PLt;007543 Padma Tower-1 , Rajendra Place, New Delhi-110 008 Ph.: +91-11-47108000 E-mail: cs@surya.in Website : www.surya .co.in SRL/se/yks/25-26/12 August 13, 2025 The Secretary The Ma
Slide 2: Investor Presentation - August 2025
INVESTOR P R E S E N T A T I O N - A u g u s t 2 0 2 5 Seeking Opportunities by Value Creation
Slide 3: Awards and Accolades
And Accolades S Padma Shri JAI PRAKASH AGARWAL Shri Jai Prakash Agarwal Chairman Surya Roshni Limited has been conferred with the prestigious Padma Shri Award by President Shri Ram Nath Kovind on 8th November 2021 at Rashtrapati Bhawan, Delhi.
Slide 4: Q1FY26 Results Highlights
-_ Q1FY26 Results Highlights
Slide 5: Q1 FY26 Results Highlights
Q1 FY26 Results Highlights Consolidated Financial Performance Highlights Particulars (In ₹ crore) Q1 FY26 Q1 FY25 YoY Revenue 1,605 1,893 -15% EBITDA 83 159 -48% Profit Before Tax (PBT) 46 123 -63% Profit After Tax (PAT) 34 92 -64% Results Highlights • In Q1FY26, consolidated revenue stood at ₹1,604
Slide 6: Lighting and Consumer Durables Segment Performance
Q1 FY26 Results Highlights Lighting and Consumer Durables Segment Performance Particulars (In ₹ crore) Q1 FY26 Q1 FY25 YoY Revenue 397 385 3% EBITDA 31 35 -12% EBITDA Margin 7.72% 9.01% -129 bps Profit before Tax (PBT) 21 26 -18% Results Highlights • The Lighting and Consumer Durables segment witnes
Slide 7: Steel Pipe and Strips Segment Performance
Q1 FY26 Results Highlights Steel Pipe and Strips Segment Performance Highlights Particulars (In ₹ crore) Q1 FY26 Q1 FY25 YoY Revenue 1,207 1,509 -20% EBITDA 52 124 -58% EBITDA/MT (₹) 2,922 6,065 -52% Profit before Tax (PBT) 24 97 -75% Results Highlights • Steel Pipe and Strips segment witnessed decl
Slide 8: Company Overview
—— Company Overview
Slide 9: SURYA – At A Glance
SURYA – At A Glance • Established in 1973, ‘SURYA’ is one of the most respected and trusted brand in Steel Pipes, Lighting & Consumer Durables (FMEG) and PVC pipes in India and Globally • Leadership in Value-Added Products with a comprehensive product range • Deeply rooted distribution network up to
Slide 10: Making In India, Delivering Across the World
Making In India, Delivering Across the World 1984 | 46 acres 1973 | 53 acres 2012 2010 | 51 acres 1992 | 44 acres 2010 | 96 acres 2017 | 17 acres 9
Slide 11: Reinforcing Leadership In Core
Reinforcing Leadership In Core • Enhanced engagement • Brand building through • consistent Advertising Distribution Consistent policies, Brand Equity Network effective schemes • ATL & BTL Activities • Omni-channel presence • Strategic Investment • Built up strong product InTechnology upgradation Man
Slide 12: Strengthening Financials
Strengthening Financials ₹ in crore Revenue PAT 7,436 5,561 7,731 7,997 7,809 158 205 336 329 347 FY21 FY22 FY23 FY24 FY25 FY21 FY22 FY23 FY24 FY25 Net Worth Debt 1,368 1,547 1,864 2,166 2,465 580 717 404 4 3 FY21 FY22 FY23 FY24 FY25 FY21 FY22 FY23 FY24 FY25 11
Slide 13: Board Of Directors
Board Of Directors Shri J. P. Agarwal Executive Chairman Shri J. P. Agarwal is the driving force behind creating Surya Roshni as one of the most reputed, trusted and successful companies. He has been honoured with the highly prestigious Padma Shri Award by the Government of India Shri Raju Bista Man
Slide 14: Board Of Directors
Board Of Directors Shri Sunil Sikka Shri Tekan Ghanshyam Keswani Independent Director Independent Director A post graduate in Management (FMS Delhi) and Ex-President of A post graduate in Management (FMS Delhi) and a fellow Havells (India) Limited & ELCOMA. During his tenure, he led multiple member
Slide 15: Steel Pipe and Strips Segment
CR STRIPS BLACK PIPES HOLLOW SECTION PIPE GI PIPES COATED API & SPIRAL PIPES STEEL PIPE AND STRIPS SEGMENT
Slide 16: Steel Pipes & Strips – At a Glance
Steel Pipes & Strips – At a Glance 21,000+ 50 #1 Pan India Dealers/Retailers Years of Brand presence in India, under the ERW GI Pipe manufacturer in India brand ‘Prakash Surya’ 250+ Distributors 6 13.40 Lac Products Categories #1 MTPA Capacity 10.01 Lac ERW Pipes (with DFT) Pipes - Structural, Expor
Slide 17: Comprehensive Products Range
Comprehensive Products Range Volume Share # Market Position * Applications Agriculture Irrigation, Casing and tubing, Hot #1 GI Pipes 26% Water/ Plumbing, Water pipelines, Green Houses, High Growth in Exports Fire Fighting, etc. Leading API Pipe API/ 3LPE Coated Oil and Gas, Water Transportation 17%
Slide 18: Transition Towards Higher Margin
Transition Towards Higher Margin FY 20-21 FY 21-22 FY 22-23 FY 23-24 FY 24-25 Sr. Volume EBITDA/ Volume EBITDA/ Volume EBITDA/ Volume EBITDA/ Volume EBITDA/ Product Name No Share MT (₹) Share MT (₹) Share MT (₹) Share MT (₹) Share MT (₹) 1 GI Pipes 35% 4,602 33% 5,456 26% 7,737 28% 6,474 26% 6,465 A
Slide 19: API Pipes & 3LPE Coated Pipes
API Pipes & 3LPE Coated Pipes Building Strong Presence • Gained Market Share to ~10% of Oil & Gas Transmission Pipes o Cross Country Land Pipes o City Gas Distribution (CGD) • Water Transmission provides higher growth opportunities • The world-class 3LPE Coating plant machinery has been procured fro
Slide 20: Commissioned New Spiral Project at Malanpur, M.P.
Commissioned New Spiral Project at Malanpur, M.P. • Project to manufacture spiral pipe • Expansion project outlay of ₹ 50 crore • Purpose: Manufacture spiral pipes for water projects with a capacity of about 24,000 tons per annum to cater markets in Rajasthan, M.P. and U.P. 19
Slide 21: Leadership in Exports of ERW Pipes
Leadership in Exports of ERW Pipes Dubai Vision 2030 Abu Dhabi Airport Key Highlights • Largest exporter of ERW Pipes (GI and Black Pipes) • Exporting to 50+ countries across the globe including USA, Australia, Canada, Mexico, Middle East, Europe and Africa Qatar FIFA Dubai Frame Strategy • Commissi
Slide 22: Leveraging Brand and Distribution Network
Leveraging Brand and Distribution Network The International Tube and Pipe TV Advertisements for Prakash Advertisements in Print Media Trade Fair, Germany Surya Steel Pipes • Present since 1973, ‘Prakash Surya’ has a strong leadership position with a major B2C contribution to the top-line • Advertise
Slide 23: Brand Ambassador
Brand Ambassador Surya Roshni Ltd., a leading name in the Indian steel tubes & pipes industry, proudly announces the onboarding of cricketer Suryakumar Yadav as the brand ambassador for its Steel Tubes & Pipes business.
Slide 24: Driving Strategic Manufacturing Benefits
Driving Strategic Manufacturing Benefits Bahadurgarh (Haryana) Anjar (Gujarat) Gwalior (Madhya Pradesh) Hindupur (Andhra Pradesh) 23
Slide 25: Building Financial Strength
Building Financial Strength ₹ in crore Revenue EBITDA 4,328 6,402 6,452 6,242 5,749 256 342 497 436 446 FY21 FY22 FY23 FY24 FY25 FY21 FY22 FY23 FY24 FY25 Net Worth 1,622 Debt 1,000 1,190 1,398 1,802 594 471 404 4 3 FY21 FY22 FY23 FY24 FY25 FY21 FY22 FY23 FY24 FY25 24
Slide 26: Driving Value Creation
Driving Value Creation Technology Upgradation Increasing share of Value-added Diversify Mix Products • Strategic Investments in High growth in API pipes and Diversify Customer Mix technology upgradation Exports of Value-Added and Product Mix helps in • 3LPE coating plant from Products to improve mar
Slide 27: Robust Demand Drivers
Robust Demand Drivers Infrastructure • Major Public and Private capex outlay in infrastructure, especially for Airport, metros, Export Market Urbanization, Jal Jeevan Mission, • High Demand for Steel River Inter-Linking Projects, etc. Pipes in various sectors Oil and Gas Sector, • Gulf region/Europe
Slide 28: Lighting and Consumer Durables Segment
CONSUMER LIGHTING PROFESSIONAL LIGHTING FANS APPLIANCES PVC PIPES LIGHTING AND CONSUMER DURABLES SEGMENT Emerging FMEG
Slide 29: SURYA – Emerging FMEG
SURYA – Emerging FMEG ‘SURYA’ Established Lighting in 1984, Brand Equity through consistent has emerging as a leading FMEG #2 Consumer Lighting Brand in India advertisements, ATL and BTL activities Player India’s most deep rooted distribution Successfully penetrating in FMEG network, major Revenue c
Slide 30: Nurturing Distribution Network
Nurturing Distribution Network Strong Rural based distribution network, one of the largest in the industry Over 3,00,000 Retail Outlets Strong dealer relations and focus on secondary demand generation Distribution Transparent and attractive policies, schemes & incentives Network Secondary Network of
Slide 31: High - Impact Brand Campaigns
High - Impact Brand Campaigns 30
Slide 32: Residential Wires Launch Campaign
Residential Wires Launch Campaign Campaign routes: ₋ “Ab Roshni ke Sath Suraksha Bhi” ₋ “Lighting Your World, Wiring Your Safety” 31
Slide 33: Winning in B2B - Façade Lighting
Winning in B2B - Façade Lighting • Strong Professional Lighting team in place Expanding Capabilities • Developed complete ecosystem with vendors Developing Products & Solutions • Customized products • Integrated Solution based Smart Lighting • Direct B2B projects Strengthening Customer Relationships
Slide 34: Winning in B2B - Façade Lighting
Winning in B2B - Façade Lighting Adivasi Godavari Bridge, Nagpur Tawi Bridges Jammu Bullet Train Station, Ahemdabad Bharat Darshan Park Bharat Darshan Park Indore Airport 33
Slide 35: Winning in B2B - Façade Lighting
Winning in B2B - Façade Lighting Sodala Bridge, Jaipur Shri Kedarnath Temple Leh Palace Municipal Corporation, Chandigarh Om Statue, Shri Kedarnath Temple Shri Sanwariya Seth Temple 34
Slide 36: Successfully Penetrating in FMEG
Successfully Penetrating in FMEG Fans - Home Appliances - • Leveraging strong brand and distribution network • Leveraging strong brand and distribution network • Pan India presence for fans • Wide variety of product range such as Water Heater, Room Heaters, Coolers, Dry Irons, Steam Irons, Juicer- •
Slide 37: Consumer Durable – New Product Launch
Consumer Durable – New Product Launch Bliss Lumino BLDC Fan Arena Silencio LXSelf Priming Mini Monoblock Pump Breezo Commercial Air Speedy 5 .5 L Cooler Instant Water Heater 36
Slide 38: Consumer Lighting – New Product Launch
Consumer Lighting – New Product Launch LED Bulb – Launched LED Batten – Launched Turbo Led Bulb 15W Turbo Batten 10W LED Down lighter – LED Down lighter – Launched Dazzle Maxx Launched Up down lighter Senso 15W series from 2w To 10w 37
Slide 39: Wires and Cables – New Product Launch
Wires and Cables – New Product Launch Turbo Flex & Turbo Flex Green Turbo Flex Green Turbo Flex Launch Date: 18th August 2025 The launch will commence from the South India regions 38
Slide 40: Integrated Manufacturing Units and R&D
Integrated Manufacturing Units and R&D Kashipur (Uttarakhand) Gwalior (Madhya Pradesh) R&D Centre (Delhi – NCR) 39
Slide 41: Certifications
Certifications The only company in Indian Lighting Industries to achieve certificate for Manufacturing of LED Products QCFI Kaizen Competition, Bangalore Awarded by National Quality Assurance, USA 40
Slide 42: PLI strengthening Backward Integration
PLI strengthening Backward Integration Objectives Commencement of manufacturing facility for LED To boost manufacturing of ‘Components of LED components under PLI scheme for ‘Large Investment’ Lightings’ of India, to reduce dependency on imports category of components Benefits to Surya Target Segmen
Slide 43: PVC Pipes – Sizeable Business Opportunities
PVC Pipes –Sizeable Business Opportunities Demand outlook for 02 Government non-agricultural pipes The sector is initiatives such as appears to be good as expected to see an Growth Housing for All, ‘Nal the major urban real average Annual Drivers se Jal’, Project 01 estate markets show growth of 10%
Slide 44: Transition towards LED Lighting and FMEG
Transition towards LED Lighting and FMEG FY 20-21 FY 21-22 FY22-23 FY23-24 FY24-25 Sr. Product Name Sales EBITDA Sales EBITDA Sales EBITDA Sales EBITDA Sales EBITDA No 1 LED- Lighting 53% 12% 59% 11% 64% 11% 62% 12% 63% 12% 2 LED-EESL 1% 11% - - - - - - - - Total LED (1 + 2) 54% 12% 59% 11% 64% 11%
Slide 45: Building Financial Strength
Building Financial Strength ₹ in crore Revenue EBITDA 1,690 1,240 1,333 1,545 1,572 128 106 122 150 162 FY21 FY22 FY23 FY24 FY25 FY21 FY22 FY23 FY24 FY25 Net Worth Debt 123 109 367 357 466 544 663 FY21 FY22 FY23 FY24 FY25 FY21 FY22 FY23 FY24 FY25 44
Slide 46: Driving Value Creation
Driving Value Creation Product Development Re-energizing the Surya Brand Alignment with fast Aligning with new age changing consumer consumers, and growing preference, at high Manufacturing Capabilities LED Lighting and Distribution network speed and premium Consumer Durables quality Automation, Spe
Slide 47: Robust Demand Drivers
Robust Demand Drivers Young Demographics • Improving lifestyles, investment in home improvement • Emerging Lifestyles Consumer Lighting • Faster adoption by consumers across India, including Rural LED Professional Lighting • Smart Integrated LED Lighting • Presence in sunrise areas like Housing for
Slide 48: Financial Results Highlights
Financial Results Highlights
Slide 49: Income Statement – Q1 FY26
Income Statement – Q1 FY26 Particulars (₹ Crores) Q1 FY26 Q1 FY25 FY25 Total Revenue from Operations 1,605 1,893 7,436 Cost of Material Consumed 1,244 1,285 5,036 Purchase of Stock InTrade 106 128 501 Changes in Inventories (119) 27 98 Total Raw Material 1,231 1,440 5,635 Gross Profit 374 453 1,801
Slide 50: Consolidated Balance Sheet
Consolidated Balance Sheet EQUITY AND LIABILITIES (₹ Crores) Mar-25 Mar-24 ASSETS (₹ Crores) Mar-25 Mar-24 (I)EQUITY (I) NON-CURRENT ASSETS (a) Equity Share capital 109 54 (a) Property, plant & equipment 826 822 (b) Other equity 2,356 2,112 (b) Capitalwork-in-progress 57 17 Sub Total (I) 2,465 2,166
Slide 51: Cashflow Statement
Cashflow Statement Full Year ended Full Year ended Particulars (₹ Crores – Consol.) 31-Mar-25 31-Mar-24 Profit before tax 465 445 Depreciation andInterest 124 144 Operating Profit Before Working CapitalChanges 589 589 Change in Working Capital (63) 89 Cash generated fromoperations 526 678 Income tax
Slide 52: Key Takeaways
Key Takeaways • Strong market position in Steel Pipes & Strips, and Lighting & Consumer Durables • Investment in brand building and improving distribution • Successfully gaining momentum in New Value-Added products in both the businesses • Rigorous financial control across the company • Improving pr
Slide 53: CSR Activities
CSR Activities Ecobrik Dakshta Varg Blood Donation Camp Book Distribution Camp Eye Checkup Camp Gram Gaurav Mela Computer Training Gau Utpad Awadh 52
Slide 54: CSR Activities
CSR Activities Yoga Day Plantation Mini Personality Development Camp Silai Training Multilayer Farming Our dedicated CSR arm Surya Foundation, discharges responsibilities in the fields of health, skill development and education. 53
Slide 55: Disclaimer
Disclaimer This presentation and the accompanying slides (the “Presentation”), which have been prepared by Surya Roshni Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securitie