Surana Solar Limited
Surana Solar Limited manufactures and sells solar panels and solar photovoltaic (PV) modules under the Surana Solar brand in India and internationally. It operates through Renewable Energy and Trading & Others segments. The company engages in generation of wind and solar power energy; trading of other solar related products; and infrastructure leasing activities. It also provides engineering, pro… Read more
Market Cap & Net Worth: Surana Solar Limited (SURANASOL)
Surana Solar Limited (NSE:SURANASOL) has a market capitalization of $12.66 Million (₹1.10 Billion) as of March 19, 2026. Listed on the NSE stock exchange, this India-based company holds position #29659 globally and #1632 in its home market, demonstrating a 3.24% increase in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Surana Solar Limited's stock price ₹22.28 by its total outstanding shares 49206600 (49.21 Million).
Surana Solar Limited Market Cap History: 2015 to 2026
Surana Solar Limited's market capitalization history from 2015 to 2026. Data shows growth from $12.19 Million to $12.66 Million (2.23% CAGR).
Surana Solar Limited Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Surana Solar Limited's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance.
Latest Price to Sales (P/S) Ratio
0.04x
Surana Solar Limited's market cap is 0.04 times its annual revenue
0.20x
Lower than industry averageLatest Price to Earnings (P/E) Ratio
25.86x
Surana Solar Limited's market cap is 25.86 times its annual earnings
6.28x
Higher than industry averageWhat These Ratios Tell Investors:
- Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
- Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
- Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
- Industry comparison provides context for whether the company is valued higher or lower than peers.
| Year | Market Cap (USD) | Revenue (USD) | Net Income (USD) | P/S Ratio | P/E Ratio |
|---|---|---|---|---|---|
| 2016 | $12.19 Million | $1.18 Billion | $21.26 Million | 0.01x | 0.57x |
| 2017 | $10.43 Million | $840.90 Million | $16.73 Million | 0.01x | 0.62x |
| 2018 | $5.00 Million | $391.19 Million | $8.43 Million | 0.01x | 0.59x |
| 2019 | $3.38 Million | $347.38 Million | $10.04 Million | 0.01x | 0.34x |
| 2020 | $5.06 Million | $331.69 Million | $5.90 Million | 0.02x | 0.86x |
| 2021 | $15.94 Million | $279.42 Million | $2.11 Million | 0.06x | 7.55x |
| 2022 | $12.73 Million | $248.32 Million | $8.46 Million | 0.05x | 1.50x |
| 2023 | $18.92 Million | $421.83 Million | $22.85 Million | 0.04x | 0.83x |
| 2024 | $26.08 Million | $177.06 Million | -$12.59 Million | 0.15x | N/A |
| 2025 | $15.13 Million | $388.00 Million | $585.00K | 0.04x | 25.86x |
Competitor Companies of SURANASOL by Market Capitalization
Companies near Surana Solar Limited in the global market cap rankings as of March 19, 2026.
Key companies related to Surana Solar Limited by market ranking:
- First Solar Inc (NASDAQ:FSLR): Ranked #971 globally with a market cap of $20.06 Billion USD.
- Nextracker Inc. Class A Common Stock (NASDAQ:NXT): Ranked #1129 globally with a market cap of $17.04 Billion USD.
- Tongwei Co Ltd (SHG:600438): Ranked #2450 globally with a market cap of $5.96 Billion USD ( CN¥43.70 Billion CNY).
- Enphase Energy Inc (NASDAQ:ENPH): Ranked #2644 globally with a market cap of $5.36 Billion USD.
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #971 | First Solar Inc | NASDAQ:FSLR | $20.06 Billion | $197.81 |
| #1129 | Nextracker Inc. Class A Common Stock | NASDAQ:NXT | $17.04 Billion | $115.38 |
| #2450 | Tongwei Co Ltd | SHG:600438 | $5.96 Billion | CN¥19.32 |
| #2644 | Enphase Energy Inc | NASDAQ:ENPH | $5.36 Billion | $43.28 |
Surana Solar Limited Historical Marketcap From 2015 to 2026
Between 2015 and today, Surana Solar Limited's market cap moved from $12.19 Million to $ 12.66 Million, with a yearly change of 2.23%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | ₹12.66 Million | -16.33% |
| 2025 | ₹15.13 Million | -41.98% |
| 2024 | ₹26.08 Million | +37.84% |
| 2023 | ₹18.92 Million | +48.66% |
| 2022 | ₹12.73 Million | -20.14% |
| 2021 | ₹15.94 Million | +215.17% |
| 2020 | ₹5.06 Million | +49.58% |
| 2019 | ₹3.38 Million | -32.39% |
| 2018 | ₹5.00 Million | -52.04% |
| 2017 | ₹10.43 Million | -14.45% |
| 2016 | ₹12.19 Million | 0.00% |
| 2015 | ₹12.19 Million | -- |
End of Day Market Cap According to Different Sources
On Mar 19th, 2026 the market cap of Surana Solar Limited was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $12.66 Million USD |
| MoneyControl | $12.66 Million USD |
| MarketWatch | $12.66 Million USD |
| marketcap.company | $12.66 Million USD |
| Reuters | $12.66 Million USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.