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
Surana Solar Limited (SURANASOL) - Total Assets
Latest total assets as of September 2025: ₹721.11 Million INR
Based on the latest financial reports, Surana Solar Limited (SURANASOL) holds total assets worth ₹721.11 Million INR as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Surana Solar Limited - Total Assets Trend (2008–2025)
This chart illustrates how Surana Solar Limited’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Surana Solar Limited - Asset Composition Analysis
Current Asset Composition (March 2025)
Surana Solar Limited's total assets of ₹721.11 Million consist of 56.0% current assets and 44.0% non-current assets.
| Asset Category | Amount (INR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ₹10.14 Million | 3.0% |
| Accounts Receivable | ₹4.90 Million | 0.8% |
| Inventory | ₹157.40 Million | 26.3% |
| Property, Plant & Equipment | ₹116.49 Million | 19.5% |
| Intangible Assets | ₹0.00 | 0.0% |
| Goodwill | ₹0.00 | 0.0% |
Asset Composition Trend (2008–2025)
This chart illustrates how Surana Solar Limited's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Surana Solar Limited's current assets represent 56.0% of total assets in 2025, an increase from 22.8% in 2008.
- Cash Position: Cash and equivalents constituted 3.0% of total assets in 2025, down from 18.5% in 2008.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2008.
- Asset Diversification: The largest asset category is inventory at 26.3% of total assets.
Surana Solar Limited Competitors by Total Assets
Key competitors of Surana Solar Limited based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shenzhen Topraysolar Co Ltd
SHE:002218
|
China | CN¥6.66 Billion |
|
JA Solar Technology Co Ltd
SHE:002459
|
China | CN¥105.38 Billion |
|
GCL System Integration Technology Co Ltd
SHE:002506
|
China | CN¥19.27 Billion |
|
Changzhou Almaden Co Ltd
SHE:002623
|
China | CN¥5.75 Billion |
|
Hainan Drinda Automotive Trim Co Ltd
SHE:002865
|
China | CN¥18.01 Billion |
|
Hanwha Solutions
KO:009830
|
Korea | ₩32.26 Trillion |
|
Hanwha Chemical Corp Pref
KO:009835
|
Korea | ₩32.26 Trillion |
|
Trive Property Group Bhd
KLSE:0118
|
Malaysia | RM126.77 Million |
Surana Solar Limited - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Moderate asset utilization - Surana Solar Limited generates 0.65x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Surana Solar Limited generates $ 0.10 in net profit.
Surana Solar Limited - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 2.29 | 5.51 | 6.61 |
| Quick Ratio | 1.01 | 3.30 | 4.43 |
| Cash Ratio | 0.21 | 0.05 | 0.00 |
| Working Capital | ₹191.63 Million | ₹ 360.99 Million | ₹ 317.95 Million |
Surana Solar Limited - Advanced Valuation Insights
This section examines the relationship between Surana Solar Limited's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 2.00 |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | 1.6% |
| Total Assets | ₹598.32 Million |
| Market Capitalization | $7.40 Million USD |
Valuation Analysis
Below Book Valuation: The market values Surana Solar Limited's assets below their book value (0.01 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Surana Solar Limited's assets grew by 1.6% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Surana Solar Limited (2008–2025)
The table below shows the annual total assets of Surana Solar Limited from 2008 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-03-31 | ₹598.32 Million | +1.64% |
| 2024-03-31 | ₹588.65 Million | -0.96% |
| 2023-03-31 | ₹594.38 Million | -13.23% |
| 2022-03-31 | ₹685.03 Million | +7.07% |
| 2021-03-31 | ₹639.79 Million | -0.60% |
| 2020-03-31 | ₹643.63 Million | -18.68% |
| 2019-03-31 | ₹791.46 Million | -1.87% |
| 2018-03-31 | ₹806.58 Million | -4.79% |
| 2017-03-31 | ₹847.12 Million | -18.79% |
| 2016-03-31 | ₹1.04 Billion | -17.12% |
| 2015-03-31 | ₹1.26 Billion | +22.89% |
| 2014-03-31 | ₹1.02 Billion | +2.27% |
| 2013-03-31 | ₹1.00 Billion | +28.09% |
| 2012-03-31 | ₹781.84 Million | -1.38% |
| 2011-03-31 | ₹792.82 Million | +38.67% |
| 2010-03-31 | ₹571.75 Million | +191.93% |
| 2009-03-31 | ₹195.85 Million | +598.09% |
| 2008-03-31 | ₹28.06 Million | -- |