What we do Surya Roshni Ltd is a leading Indian manufacturer of steel pipes, LED lighting, fans, and home appliances, serving infrastructure, oil & gas, and consumer markets. |
Founded in 1,973 |
Market share India's largest ERW GI pipe manufacturer and leading exporter; top-five player in LED lighting and consumer durables markets. |
Problem solved Provides durable steel pipes for infrastructure and oil & gas sectors and energy-efficient lighting and appliances for consumers. |
Top clients or who we serve B2B clients in infrastructure, oil & gas, and urban development; B2C customers in lighting and appliances. |
Key management J.P. Agarwal (Founder & Chairman), Raju Bista (Managing Director), Vinay Surya (Managing Director), Puja Surya (Whole-time Director). |
Our journey and innovations Started as steel pipes manufacturer in 1973, diversified into lighting (1984), PVC pipes (2010), fans and appliances (2014), pioneered 3LPE coating and LED smart lighting. |
Where we operate Pan India with exports to 50+ countries including Middle East, Europe, North America, and Australia. |
Top products or what we offer ERW GI pipes, API & spiral pipes, LED lighting (bulbs, battens, downlighters), ceiling fans, home appliances, and PVC pipes. |
Top brands Prakash Surya (steel pipes, largest exporter of ERW pipes), Surya (lighting, fans, appliances), Osram Surya (CFLs joint venture). |
Raw materials needed Steel, glass, plastics, LED components, metals for fans and appliances. |
Raw materials supplier Various domestic and international suppliers aligned with regulatory standards. |
Recurring vs cyclical contribution Steel pipes segment has cyclical demand; lighting and consumer durables have recurring revenue streams. |
Our industry position Market leader in steel pipes with strong export base; among top LED lighting players with growing consumer durables portfolio. |
Financial highlights FY25 revenue ₹7435.87 crore; PAT ₹346.60 crore; EBITDA ₹608.89 crore; consistent margin expansion and debt-free status. |
Geographical revenue split ₹6410.51 crore from India; ₹1025.36 crore from outside India with exports to 50+ countries. |
Order book Robust order book in steel pipes especially API coated pipes and lighting projects around ₹500 crore. |
Whats driving growth Growth driven by infrastructure projects, urbanization, energy efficiency demand, export expansion, and governmental initiatives like Jal Jeevan Mission. |
Our future plans ₹500 crore capex to expand steel pipe capacities, new spiral pipe plant, cold rolling expansion, and diversify into wires and cables. |
Our green promise Adoption of natural gas fuel, energy-efficient products, emission reduction, and EPD certifications for exports. |
Our people and values Over 300,000 retailers supported by trained workforce; emphasis on diversity, inclusion, and ethical governance. |
Key challenges ahead Global economic volatility, steel price fluctuations, pricing pressure in LEDs, and competitive market dynamics. |
Interesting facts Largest ERW GI pipe manufacturer and exporter from India; first to implement 3LPE coating with latest technology; patented DFT technology for structural pipes. |
Risks and strategy Mitigates risks via product diversification, operational efficiencies, cost control, and expanding value-added product portfolio. |
