Rs 650 crore order book: Mukul Agrawal’s Portfolio Company Secures Rs 174.78 Crore Order for MS Spiral Coated Pipes in Gujarat

DSIJ Intelligence-2 / 23 Jul 2025/ Categories: Mindshare, Trending

Rs 650 crore order book: Mukul Agrawal’s Portfolio Company Secures Rs 174.78 Crore Order for MS Spiral Coated Pipes in Gujarat

In the longer period of 5 years, the stock has given multibagger returns of 1,054 per cent.

Surya Roshni Limited announced that it has secured a new domestic order valued at Rs 174.78 crore, inclusive of GST, from Construction & Infrastructure Development Co. The order was received on July 23, 2025, at 12:50 PM, for the supply of MS Spiral Coated Pipes within Gujarat. Execution of the order is expected within 24 weeks. The company clarified that there is no related party interest from promoters or the promoter group, and the transaction is not categorised as a related party transaction.

As of July 23, 2025, the share price of Surya Roshni Ltd jumped over 5 per cent to an intraday high of Rs 345.80 per share. As of 2:36 on the stock price was trading at Rs 341.95 per share, up by 4.34 per cent. On a year-to-date basis, the stock price has jumped over 12 per cent while in the last 12 months it is up by 15.88 per cent. In the longer period of 5 years, the stock has given multibagger returns of 1,054 per cent.

DSIJ’s ‘Micro Marvel' service recommends micro-cap stocks with the potential to grow multifold in long run. If this interests you, download the service details here.

For the financial year ended March 2025, the company reported consolidated net sales of Rs 7,435.87 crore and a net profit of Rs 346.60 crore. Key ratios include a Price-to-Earnings (P/E) ratio of 20.54, Return on Equity (ROE) of 14.06 per cent, and a book value per share of Rs 113.27.

Established in 1973 and headquartered in Delhi, Surya Roshni Limited is a diversified Indian multinational. The company manufactures steel pipes, lighting products, PVC pipes, and consumer durables such as fans and home appliances. It is also a leading exporter of ERW Pipes and has a strong presence in energy-efficient LED lighting, exporting to over 50 countries. Its manufacturing units are spread across Uttarakhand, Madhya Pradesh, Gujarat, and Andhra Pradesh, supported by its advanced R&D facility, the Surya Technology & Innovation Centre (STIC) in Noida.

As of March 2025, the company has an order book of Rs 650 crore and an ace investor, Mukul Agrawal, owns a 1.01 per cent stake in the company as of March 2025. 

Disclaimer: The article is for informational purposes only and not investment advice.