| Scrip Code | 544054 |
|---|---|
| NSE Symbol | SURAJEST |
| MSEI Symbol | NOTLISTED |
| ISIN | INE843S01025 |
| Name of company | Suraj Estate Developers Limited |
| Type of company | Main Board |
| Class of security | Equity |
| Date of start of financial year | 01-04-2026 |
| Date of end of financial year | 31-03-2027 |
| Date of board meeting when results were approved | 14-08-2026 |
| Date on which prior intimation of the meeting for considering financial results was informed to the exchange | 07-08-2026 |
| Description of presentation currency | INR |
| Level of rounding used in financial results | Lakhs |
| Reporting Type | Quarterly |
| Reporting Quarter | First quarter |
| Nature of report standalone or consolidated | Standalone |
| Whether results are audited or unaudited for the quarter ended | Unaudited |
| Whether results are audited or unaudited for the Year to date for current period ended/year ended | |
| Segment Reporting | Single segment |
| Description of single segment | Real Estate |
| Start date and time of board meeting | 14-08-2026 15:00:00 |
| End date and time of board meeting | 14-08-2026 17:00:00 |
| Whether cash flow statement is applicable on company | |
| Type of cash flow statement | |
| Declaration of unmodified opinion or statement on impact of audit qualification | Declaration of unmodified opinion |
| Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? | Yes |
| No. of times funds raised during the quarter | 1 |
| Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? | Yes |
| Particulars | 3 months/ 6 months ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |
|---|---|---|---|
| A | Date of start of reporting period | 01-04-2026 | 01-04-2026 |
| B | Date of end of reporting period | 30-06-2026 | 30-06-2026 |
| C | Whether results are audited or unaudited | Unaudited | Unaudited |
| D | Nature of report standalone or consolidated | Standalone | Standalone |
| 1 | Income | ||
| Revenue from operations | 8,638.33 | 8,638.33 | |
| Other income | 1,645.69 | 1,645.69 | |
| Total income | 10,284.02 | 10,284.02 | |
| 2 | Expenses | ||
| (a) | Cost of materials consumed | 7,639.89 | 7,639.89 |
| (b) | Purchases of stock-in-trade | 0.00 | 0.00 |
| (c) | Changes in inventories of finished goods, work-in-progress and stock-in-trade | (2,349.04) | (2,349.04) |
| (d) | Employee benefit expense | 294.41 | 294.41 |
| (e) | Finance costs | 1,662.91 | 1,662.91 |
| (f) | Depreciation, depletion and amortisation expense | 109.44 | 109.44 |
| (f) | Other Expenses | ||
| 1 | Other Expenses | 78.84 | 78.84 |
| Total other expenses | 78.84 | 78.84 | |
| Total expenses | 7,436.45 | 7,436.45 | |
| 3 | Total profit before exceptional items and tax | 2,847.57 | 2,847.57 |
| 4 | Exceptional items | 0.00 | 0.00 |
| 5 | Total profit before tax | 2,847.57 | 2,847.57 |
| 6 | Tax expense | ||
| 7 | Current tax | 743.88 | 743.88 |
| 8 | Deferred tax | 12.80 | 12.80 |
| 9 | Total tax expenses | 756.68 | 756.68 |
| 10 | Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement | 0.00 | 0.00 |
| 11 | Net Profit Loss for the period from continuing operations | 2,090.89 | 2,090.89 |
| 12 | Profit (loss) from discontinued operations before tax | 0.00 | 0.00 |
| 13 | Tax expense of discontinued operations | 0.00 | 0.00 |
| 14 | Net profit (loss) from discontinued operation after tax | 0.00 | 0.00 |
| 15 | Share of profit (loss) of associates and joint ventures accounted for using equity method | 0.00 | 0.00 |
| 16 | Total profit (loss) for period | 2,090.89 | 2,090.89 |
| 17 | Other comprehensive income net of taxes | 2.46 | 2.46 |
| 18 | Total Comprehensive Income for the period | 2,093.35 | 2,093.35 |
| 19 | Total profit or loss, attributable to | ||
| Profit or loss, attributable to owners of parent | |||
| Total profit or loss, attributable to non-controlling interests | |||
| 20 | Total Comprehensive income for the period attributable to | ||
| Comprehensive income for the period attributable to owners of parent | |||
| Total comprehensive income for the period attributable to owners of parent non-controlling interests | |||
| 21 | Details of equity share capital | ||
| Paid-up equity share capital | 2,388.70 | 2,388.70 | |
| Face value of equity share capital | 5 | 5 | |
| 27 | Details of debt securities | ||
| 22 | Reserves excluding revaluation reserve | ||
| 23 | Earnings per share | ||
| i | Earnings per equity share for continuing operations | ||
| Basic earnings (loss) per share from continuing operations | 4.38 | 4.38 | |
| Diluted earnings (loss) per share from continuing operations | 4.38 | 4.38 | |
| ii | Earnings per equity share for discontinued operations | ||
| Basic earnings (loss) per share from discontinued operations | 0 | 0 | |
| Diluted earnings (loss) per share from discontinued operations | 0 | 0 | |
| ii | Earnings per equity share | ||
| Basic earnings (loss) per share from continuing and discontinued operations | 4.38 | 4.38 | |
| Diluted earnings (loss) per share from continuing and discontinued operations | 4.38 | 4.38 | |
| 24 | Debt equity ratio | ||
| 25 | Debt service coverage ratio | ||
| 26 | Interest service coverage ratio | ||
| 27 | Disclosure of notes on financial results | Textual Information(1) | |
| Textual Information(1) | 1. The above unaudited standalone financial results have been reviewed and recommended by Audit Committee and approved by the Board of Directors at their respective meetings held on 14th August 2026. The statutory auditors of the Company have carried out limited review oft he results for the quarter ended 30th June 2026. 2 The above unaudited standalone financial results have been prepared in accordance with recognition and measurement principles laid down in the applicable Indian Accounting Standards (Ind AS) as prescribed under Section 133 of the Companies Act, 2013 (“the Act), as amended, read with relevant rules thereunder. 3 The Company is exclusively operating in the business of Real Estate and other allied activities. This in the context of Indian Accounting Standard (Ind AS - 108) - Operating Segment” constitutes single operating segment. The Company does not have operations outside India, hence Geographical Segment is not applicable. 4 The nature of the accounting of the real estate business of the Company is such that the result of the quarter/ year may not be strictly comparable to earlier quarter/ year. 5 Forfeiture of Share Warrant During the quarter ended June 2026, the Company has forfeited share warrants issued to warrant holders on account of nonpayment of the balance amount payable on exercise of the warrants within the stipulated period in accordance with the terms of the issue. Consequently, the upfront application money received amounting to � 4,987.50 lakhs has been forfeited and transferred to Capital Reserve/ Other equity during the quarter in accordance with applicable provisions of the Companies Act, 2013, the Securities and Exchange Board of India (SEBI) Regulations and the terms of issue of the warrants. Accordingly, the forfeited warrants stand cancelled and no further rights remain exercisable by the warrant holders. Intimation of the same has already been given to the stock exchanges on 9th April 2026. 6.The figures for the quarter ended 31st March 2026 is the balancing figures between the audited figures in respect of full financial year and the unaudited published figures for the nine months period ended 31st December 2025. ~ ES 7.The figures for the previous period/ year have been regrouped or rearranged or reclassified wherever considered necessary to make them comparable with current periods/ years classification. Further, figures for the corresponding quarter ended 30th June 2025, previously reported in X millions, have been converted to % lakhs to align with the revised unit of rounding. |
|---|
| Debt equity ratio | |
|---|---|
| Debt service coverage ratio | |
| Interest service coverage ratio |
| Particulars | 3 months/ 6 month ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |||||
|---|---|---|---|---|---|---|---|
| Date of start of reporting period | 01-04-2026 | 01-04-2026 | |||||
| Date of end of reporting period | 30-06-2026 | 30-06-2026 | |||||
| Whether results are audited or unaudited | Unaudited | Unaudited | |||||
| Nature of report standalone or consolidated | Standalone | Standalone | |||||
| 1 | Segment Revenue (Income) | ||||||
| (net sale/income from each segment should be disclosed) | |||||||
| Total Segment Revenue | |||||||
| Less: Inter segment revenue | |||||||
| Revenue from operations | |||||||
| 2 | Segment Result | ||||||
| Profit (+) / Loss (-) before tax and interest from each segment | |||||||
| Total Profit before tax | |||||||
| i. Finance cost | |||||||
| ii. Other Unallocable Expenditure net off Unallocable income | |||||||
| Profit before tax | |||||||
| 3 | (Segment Asset - Segment Liabilities) | ||||||
| Segment Asset | |||||||
| Total Segment Asset | |||||||
| Un-allocable Assets | null | null | |||||
| Net Segment Asset | null | null | |||||
| 4 | Segment Liabilities | ||||||
| Segment Liabilities | |||||||
| Total Segment Liabilities | |||||||
| Un-allocable Liabilities | null | null | |||||
| Net Segment Liabilities | null | null | |||||
| Disclosure of notes on segments | |||||||
| Particulars | 3 months/ 6 months ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |
|---|---|---|---|
| A | Date of start of reporting period | 01-04-2026 | 01-04-2026 |
| B | Date of end of reporting period | 30-06-2026 | 30-06-2026 |
| C | Whether results are audited or unaudited | Unaudited | Unaudited |
| D | Nature of report standalone or consolidated | Standalone | Standalone |
| Other comprehensive income [Abstract] | |||
| 1 | Amount of items that will not be reclassified to profit and loss | ||
| 1 | Remeasurement of defined benefit liability | 3.29 | 3.29 |
| Total Amount of items that will not be reclassified to profit and loss | 3.29 | ||
| 2 | Income tax relating to items that will not be reclassified to profit or loss | 0.83 | 0.83 |
| 3 | Amount of items that will be reclassified to profit and loss | ||
| Total Amount of items that will be reclassified to profit and loss | |||
| 4 | Income tax relating to items that will be reclassified to profit or loss | ||
| 5 | Total Other comprehensive income | 2.46 | 2.46 |
| Whether results are audited or unaudited | Unaudited |
|---|---|
| Declaration of unmodified opinion or statement on impact of audit qualification | Declaration of unmodified opinion |
| Auditor's opinion | |
| Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results | Yes |
| Sr No. | Audit firm's name | Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI | Certificate valid upto | ||
| 1 | M/s. S K L R & Co. LLP | Yes | 31-07-2029 | ||
|---|---|---|---|---|---|
| Mode of Fund Raising | Preferential Issues |
|---|---|
| Description of mode of fund raising (Applicable in case of others is selected) | |
| Date of Raising Funds | 08-10-2024 |
| Amount Raised | 34,339.00 |
| Report filed for Quarter ended | 30-06-2026 |
| Monitoring Agency | Applicable |
| Monitoring Agency Name, if applicable | Care Ratings Limited |
| Is there a Deviation / Variation in use of funds raised | No |
| If yes, whether the same is pursuant to change in terms of a contract or objects, which was approved by the shareholders | |
| If Yes, Date of shareholder Approval | |
| Explanation for the Deviation / Variation | |
| Comments of the Audit Committee after review | |
| Comments of the auditors, if any |
| Sr. | Original Object | Modified Object, if any | Original Allocation | Modified allocation, if any | Funds Utilised | Amount of Deviation/Variation for the quarter according to applicable object | Remarks if any |
| 1 | Payment towards acquisition of Land / Land Development Rights by the Company and its Subsidiaries including acquisition of stake/shares in entities undertaking such projects; | NA | 20,000.00 | 9,706.30 | 9,706.30 | 0.00 | This is in furtherance of the intimation given by the Company on 8 th October 2024, wherein we had informed you that the Company had allotted 13,30,000 convertible warrants to the warrant holder on preferential basis for in issue price Rs. 750/- per warrant, out of which Rs.49,87,50,000/-( 50% of the Issue Price) has already been received as the initial subscripOon amount. Since the warrant holder did not exercise the conversion option of the said 13,30,000/- warrants within 18 Month from the date of allotment i.e. on or before 8 April 2026, the amount received on the said 13,30,000/- covetable warrants stands forfeited as per the provision 163(3) of Chapter V of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018. We request you to take the above on record and same to be treated as compliance under the applicable regulaOons under SEBI (LisOng ObligaOon and Disclosure Requirement) RegulaOon 2015. |
| 2 | Working Capital Requirements of the Company and any of its Subsidiaries; | NA | 18,325.00 | 12,198.50 | 12,198.50 | 0.00 | |
| 3 | General Corporate Purposes of the Company and any of its Subsidiaries; | NA | 11,475.00 | 7,447.00 | 7,447.00 | 0.00 | |
| 4 | Issue related expenses | NA | 200.00 | 0.00 | 0.00 | 0.00 |
| Name of signatory | Rajan Meenathakonil Thomas |
| Designation of person | Managing Director |
| Place | Mumbai |
| Date | 14-08-2026 |
| Sr. No. | Particulars | Amount | Remarks |
| 1. | Loans / revolving facilities like cash credit from banks / financial institutions | ||
| A | Total amount outstanding as on date | 34,862.21 | |
|---|---|---|---|
| B | Of the total amount outstanding, amount of default as on date | 0.00 | |
| 2. | Unlisted debt securities i.e. NCDs and NCRPS | ||
| A | Total amount outstanding as on date | 4,500.00 | |
| B | Of the total amount outstanding, amount of default as on date | 0.00 | |
| 3. | Total financial indebtedness of the listed entity including short-term and long-term debt | 39,362.21 | |