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IndiaPulse

Suratwwala Business Group Limited (SBGLP)

Small Cap

Real Estate stocks · Small cap · NSE

Suratwwala Business Group Limited operates in Real Estate Development, within the Real Estate sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers.

₹23.96
-0.72 · -2.92%
Quote04 Sept, 03:50 pm IST
Fundamentals05 Sept 2026 · screener
Score05 Sept, 10:20 pm IST · v4.3-runtime-valuation
Tags02 May 2026
Coverage13/14 · 93%
Valuation2026-07-20 · Rf 6.8% · Real Estate P/E 23.9 (n=72)
Data confidence
Fresh enough for analysis
Investor decision lenses

One read, four checks

75+ is strong, 60-74 is usable, 45-59 is mixed, and below 45 needs caution. These are research lenses, not buy/sell instructions.

Investable fundamentals, management trust is acceptable, price trend argues for patience, and recent execution is mixed.

Suggested next step
Add to watchlist
Fundamental setup is interesting, but technical confirmation is weak.
U-Score
UNDERVALUED
70

Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.

Trust
Mixed Trust
69

low confidence · 0/0 claims checked

Technical
Bearish
26

Timing lens: price trend and sector relative strength.

Result consistency
stable
72

Rolling lens: recent quarterly delivery, not the latest single-result score.

Latest result

Quarter ended 30 Jun 2026

Good · 62/100

Rev +164% YoY · PAT +75% YoY · margin compression

Filed 13 Aug 2026
Open results browser →
MetricThis quarterYoYQoQ
Revenue₹42.1 Cr+164.1%-28.6%
EBITDA₹13.4 Cr+92.1%-29.8%
Operating margin31.9%-1193 bps-55 bps
PAT₹9.3 Cr+75.2%-29.7%
PAT margin22.2%-1125 bps-35 bps

NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.

Business & thesis

Growth engines, tailwinds/headwinds, and risk radar from management commentary

Business and thesis

Issuer presentation review pending

Suratwwala Business Group Limited operates in Real Estate Development, within the Real Estate sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers. The structured result feed currently covers the quarter ended 30 Jun 2026. Investor presentations and earnings-call PDFs will be added as issuer-backed evidence before management claims appear here.

Management accountability

What management said, and what results must prove

Technical timing lens

Trend score and candlestick chart

26Bearish

full bear SMA stack · SMA20 -1.8% / mo · MACD −

Stock trend: 26
Sector RS:

Technical chart

SBGLPdaily · 1Y · AUTO-15.2%
Latest close ₹23.96 on 2026-09-04
Bar
-6.7%
RSI
45
MACD hist
-0.04
52W pos
25%
2026-09-04O ₹25.68H ₹25.68L ₹23.60C ₹23.96Vol 12,199 sh
₹17.52₹22.08₹26.64₹31.20₹35.7652L23.962026-032026-06VolRSIMACD2026-032026-042026-062026-072026-09
Up bar
Down bar
EMA 20
EMA 50
Volume + 20D avg
Result date
RSI(14)
MACD / signal

Daily technical trend read

Bearish setup

Trend is weak — long-term trend down. RSI 45.

  • Price < SMA20 < SMA50 < SMA200 — full bearish stack.
  • SMA20 falling (~1.9% over last month) — short-term momentum negative.
  • RSI(14) at 45 — falling, no extreme reading.
  • MACD below signal but histogram contracting — bearish momentum easing.
  • 41% off 52W high · 31% above 52W low.

Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.

Valuation & score drivers

U-Score 70 · UNDERVALUED · pillar breakdown, sector model, fair-value anchor

70U-SCORE
Top Setup

Fundamental score breakdown

UNDERVALUED
Valuation20/30
Growth21/25
Quality20/20
Balance Sheet9/15
Cash Flow0/10
Piotroski
6/9 (+3)
Penalties
-3
Raw sum
70

Why this score?

Top U-Score contributors and drags from the latest stored fundamentals.

70/100 · UNDERVALUED

Positive drivers

  • Fair-value margin of safety is positive at 72.3%.
  • Quality contributes 20/20 to the score.
  • Growth contributes 21/25 to the score.

Main drags

  • Penalty bucket subtracts 3 points.
  • Cash flow is weaker at 0/10; verify the latest quarterly trend.
  • Balance sheet is weaker at 9/15; verify the latest quarterly trend.
Sector valuation model

Real estate valuation: NAV, pre-sales, debt, and inventory quality

Real estate valuation depends more on project economics and balance sheet than simple PE.

Real Estate NAV
Primary lens
NAV and market cap versus project pipeline and pre-sales.
Secondary checks
Inventory age, net debt, collections, execution record.
Main risk check
Book value can overstate value if inventory is slow or debt is high.
PE
9.9
PB
4.0
EV/EBITDA
8.2
ROE
43.8%
ROCE
30.8%
FCF Yield
Debt/Equity
0.8
MoS
+72.3%
Score movement

Stored run vs live recompute

This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.

Stored run: 05 Sept 2026
v4.3-runtime-valuation
Final score
70
Previous: 70
Verdict
UNDERVALUED
Previous: UNDERVALUED
Margin of safety
+72.3%
Previous: +72.3%

Score history

12 stored score snapshots. Latest stored move: +0 points.

05 Sept 2026
v4.3-runtime-valuation
69
68
70
70
70
70
70
70
70
70
70
70

Factor attribution

No pillar movement versus the latest stored run. Historical score trend will appear after snapshot storage is enabled.

Modelled fair value

Graham Number
₹18.1
-32.3% MoS
Growth-justified P/E
35.8
Growth-justified Value
₹86.59
+72.3% MoS
PEG
0.38

Trust score

Does management behaviour match later outcomes? Claim delivery, forensic breakdown, evidence depth

Trust Score
69Mixed Trust · low confidenceTrust Lite

Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.

Mixed Trust: Claim history is still being built. It ranks around the 59th percentile of the scored universe and 83rd percentile within Real Estate. Main check: cash conversion is weak at 28/100.

Healthy Trust Lite: Promoter holding is 73.4%. Key concern: Operating cash flow is negative at ₹-6 Cr.

Computed 05 Sept 2026
management-trust-v1
7 docs text-extracted · 0 concalls text-extracted
Score band
Mixed Trust

Usable, but needs evidence. Treat guidance with a margin of safety.

Relative rank
59th percentile

overall median 67 · Real Estate: 83rd pctile, median 61 · Small: 63rd pctile, median 66

Evidence depth
Financial-only

7 documents have extracted text, but claim history is not strong enough yet.

Claim delivery
Outcome history still building

0 claims extracted · No contradicted claim yet

How to read this Trust Score

Mixed Trust · low confidence
What it measures
Reliability of management and financial delivery, using financial behaviour only.
Confidence
Treat this as an early read until more concalls and outcomes are matched.
Investor use
Acceptable, but check the weakest sub-score before increasing exposure.

Read Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.

Forensic breakdown

Read low sub-scores as due-diligence warnings, not automatic sell signals.

Promoter
86
strong · holding, pledge, alignment
Cash flow
28
weak · profit to cash conversion
Balance sheet
81
strong · leverage and solvency
Discipline
90
strong · capital discipline
Results
72
acceptable · quarterly consistency

Trust positives

  • Promoter holding is 73.4%.
  • Promoter pledge is zero.
  • ROCE is 30.8%.
  • 4/4 latest quarters had positive YoY revenue growth.

Trust risks

  • Operating cash flow is negative at ₹-6 Cr.
  • Only 1 years of positive FCF.
  • OPM spread across recent quarters is 52.3%.
  • 2 older quarters in the 8-quarter window had PAT decline worse than 25% YoY.

Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.

Financials

Full fundamentals table and 10-year revenue / profit / ROE history

Fundamentals

Valuation

P/E
9.91
P/B
3.99
EV/EBITDA
8.18
Market Cap
416.00Cr

Profitability

ROE
43.80%
ROCE
30.80%
ROA
15.97%
Dividend Y
0.50%

Growth (CAGR)

Revenue 5Y
29.00%
EPS 5Y
29.00%
Revenue 3Y
32.00%
EPS 3Y
22.00%

Balance Sheet

Debt/Equity
0.80
Interest Coverage
59.00×
Altman Z
3.56
Book Value
6.02

Cash Flow

FCF Yield
FCF Positive Y
1/5
OCF
-6.00 Cr
EPS TTM
2.42

Shareholding

Promoter Hold
73.39%
Promoter Pledge
0.00%
Momentum 52W
23%

Financial History

Updated 5/9/2026

Revenue

₹ Cr
No data

Net Profit

₹ Cr
No data

Return on Equity

%
No data

Peers

Business-comparable names in Real Estate, ranked by similarity

Verify on:NSE India ↗
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.