LNPR Capital®
LNPR Capital®

@LnprCapital

11 Tweets 15 reads Feb 17, 2023
Surya Roshni Ltd.
Mcap: ₹ 3779 Cr.
5Yrs Sale CAGR: 20%
5Yrs PAT CAGR: 23%
Co is the leading manufacturer of ERW GI Pipes in India & also the leading exporter of ERW Pipes with 60% market share. It is a leader in South India & among the top 3 in North India for GI Pipes.
Co is No 1 in states such as AP, Telangana, MP, Chhattisgarh, UP & Jharkhand & No 2 in Karnataka, Delhi, Maharashtra, Bihar, Rajasthan & Uttarakhand, among others.
In Steel Pipes & Strips Segment Co manufactures an array of steel pipe products such as - Structural Pipes, GI Pipe
API Grade & Spiral Pipes, Black & CR Strips. These products find application in various segments such as agriculture, infrastructure, oil & gas, water & construction. The state-of-the-art manufacturing units are located across Haryana, Gujarat, Madhya Pradesh & Andhra Pradesh.
All the products are sold under the brand name ‘Prakash Surya’ & are exported to over 50 countries, with Gulf Cooperation Council (GCC) countries holding the largest share. It has a network of 21,000+ pan-India dealers/retailers and 250+ distributors.
In Lighting & Consumer Durables Segment Co has emerged as No 2 Consumer Lighting Brand in India. It is engaged in the manufacture & sales of Conventional Lighting & energy-efficient LED Lighting (LED Bulbs, Tubelights, etc.) in the consumer segment & advanced Smart LED products
in the professional segment. It has 2 state-of-the-art manufacturing facilities at Uttarakhand & Madhya Pradesh.
In Consumer Durables segment Co offers a wide variety of fans such as ceiling, pedestal, wall, etc. It entered the home appliances category in 2015.
The product categories include food preparation, kitchen appliances, cooking, garment care, heating appliances & climate control.
Co has a strong rural distribution network with 2,50,000+ retail outlets & 2500 dealers.
Co has transformed from conventional lighting (came down to 19% in FY22 from 35% in FY17) to LED lighting (increased to 59% in FY22 from 24% in FY17) & consumer durables (increased to 22% in FY22 from 19% in FY17) product portfolio.
During FY22 Co has launched new products in the kitchen appliances and food preparation categories, including magnus & xpert mixer grinders, along with max & max plus hand blenders.
In April 2022 Co. started commercial production on state-of-art imported mill for manufacturing
of Heavy Structural Hollow Square / Rectangular Section Steel Tubes of sizes > 6 mm to 12 mm with Direct Forming Technology (DFT) at Malanpur (M.P.) with an installed capacity of 36,000 MTPA.
Co aims to utilize 10,200 MTPA capacity of PVC pipes to leverage the sizable business
opportunity with strong branding of ‘Prakash Surya’ and distribution network. Further, it is focusing on enhancing the distribution network through omnichannel, dealers, distributors, contractors, developers, architects etc.

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