Surana Solar (BOM:533298) Net Current Asset Value: ₹0.00 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BOM:533298 Surana Solar Ltd BOM:533298
49 GF Score
Price ₹26.53
GF Value ₹11.33
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Surana Solar Net Current Asset Value?

Surana Solar BOM:533298 -0.79% 49 Net Current Asset Value is ₹0.00 as of Jun. 2026. GuruFocus rates BOM:533298 with a GF Score™ of 49/100 and a GF Value™ of ₹11.33 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 719 Semiconductors companies, Surana Solar ranks worse than 139081.92% on this metric.

In calculating the Net Current Asset Value (NCAV), Benjamin Graham means a company's current assets (such as cash, marketable securities, and inventories) minus its total liabilities (including preferred stock, minority interest, and long-term debt).

Surana Solar's net current asset value per share for the quarter that ended in Jun. 2026 was ₹0.00.

The historical rank and industry rank for Surana Solar's Net Current Asset Value or its related term are showing as below:

During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Surana Solar was 9.06. The lowest was 1.13. And the median was 4.14.

BOM:533298's Price-to-Net-Current-Asset-Value is not ranked *
in the Semiconductors industry.
Industry Median: 7.75
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Surana Solar  (BOM:533298) Net Current Asset Value Explanation

Benjamin Graham first discussed net current asset value (NCAV) in the 1934 edition of "Security Analysis", which he coauthored with David Dodd. In the book, (net) current asset value is defined as:" current assets alone, minus all liabilities and claims ahead of the issue."

The common definition of NCAV is: NCAV = current assets – [total liabilities + minority interest + preferred stock]

Net current assets exclude not only the intangible assets but also the fixed and miscellaneous assets. In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. In "Security Analysis", preferred stock is dubbed "an imperfect creditorship position" that is best placed on the balance sheet alongside funded debt.

One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham’s strategy produced similar results.

Benjamin Graham looked for companies whose market values were less than two-thirds of their Net-Net Working Capital. They are collected under our Net-Net screener.


Surana Solar Net Current Asset Value Related Terms


Surana Solar Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for Surana Solar's Net Current Asset Value can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Surana Solar Net Current Asset Value Chart

Surana Solar Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.63 4.07 5.61 6.56 6.05

Surana Solar Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Jun26
Net Current Asset Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.05 0.00 3.85 0.00 0.00

BOM:533298 vs FSLR, NXT, ENPH: Net Current Asset Value Comparison

For the Solar subindustry, Surana Solar's Price-to-Net-Current-Asset-Value, along with its competitors' market caps and Price-to-Net-Current-Asset-Value data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Surana Solar Price-to-Net-Current-Asset-Value vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Surana Solar's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Surana Solar's Price-to-Net-Current-Asset-Value falls into.


BOM:533298
49GF Score
Surana Solar Ltd BOM:533298
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Surana Solar Net Current Asset Value Calculation

Surana Solar's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Mar. 2025 is calculated as

Net Current Asset Value Per Share(A: Mar. 2025 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(333.974-36.065-0-0)/49.207
=6.05

Surana Solar's Net Current Asset Value (NCAV) per share for the quarter that ended in Jun. 2026 is calculated as

Net Current Asset Value Per Share(Q: Jun. 2026 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(0-N/A-0-0)/49.207
=N/A

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Net Current Asset Value of ₹0.00 mean?
Surana Solar (BOM:533298) has a Net Current Asset Value of ₹0.00 as of Jun. 2026. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Surana Solar and its competitors. Over the past decade, Surana Solar's Net Current Asset Value has ranged from 1.13 to 9.06. According to the industry distribution chart, Surana Solar ranks #999999 out of 719 companies in the Semiconductors industry.
Is Surana Solar's Net Current Asset Value too high?
Surana Solar's current Net Current Asset Value is ₹0.00. Over the past 10 years, this metric has ranged from a low of 1.13 to a high of 9.06. Based on the distribution chart, Surana Solar ranks #999999 out of 719 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, Surana Solar has a GF Score™ of 49/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Surana Solar's Net Current Asset Value compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, Surana Solar ranks #999999 out of 719 companies for Net Current Asset Value. This places Surana Solar in the lower half of its industry. The industry median Net Current Asset Value is 7.75. Historically, Surana Solar's own Net Current Asset Value has ranged from 1.13 to 9.06 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Current Asset Value for a Semiconductors company?
The median Net Current Asset Value among Semiconductors companies is 7.75, based on 719 companies in the industry. Companies in the top quartile (top 25%) have a Net Current Asset Value significantly above this median, while those in the bottom quartile fall well below. However, Net Current Asset Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Current Asset Value mean?
A high Net Current Asset Value can signal that a stock is expensive relative to its fundamentals. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Surana Solar and its competitors. For the Semiconductors industry, the median Net Current Asset Value is 7.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Surana Solar's current Net Current Asset Value is ₹0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Surana Solar stock overvalued right now?
Based on GuruFocus' analysis, Surana Solar (BOM:533298) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹11.33, compared to a current price of ₹26.53 — trading 134.2% above its estimated fair value. The current Net Current Asset Value is ₹0.00. Surana Solar's overall GF Score™ is 49/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Current Asset Value calculated?
Net Current Asset Value is calculated from a company's financial statements. For Surana Solar (BOM:533298), the current Net Current Asset Value is ₹0.00 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Surana Solar (BOM:533298) Overvalued in 2026?

Based on GuruFocus' analysis, Surana Solar stock appears to be overvalued. The current stock price of ₹26.53 is trading 134.2% above its estimated GF Value™ of ₹11.33. GuruFocus considers Surana Solar to be Significantly Overvalued.

Key valuation signals for BOM:533298:

  • Net Current Asset Value: ₹0.00
  • GF Value™: ₹11.33 vs. price of ₹26.53 (134.2% above fair value)
  • GF Score™: 49/100 with 4 warning signs

No single metric tells the full story. See the BOM:533298 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Surana Solar Business Description

Other Exchanges SURANASOL:India
Address Phase II, Plot No. 212/3 and 4, IDA Cherlapally, Hyderabad, TG, IND, 500051
Surana Solar Ltd is engaged in the business of manufacturing solar panels/photovoltaic (PV) cells. The company is also engaged in the generation of wind power energy and the trading of other solar-related products. It operates through the following reportable segments: Solar Products, Trading and others, and Renewable Energy (Solar). The majority of the company's revenue is derived from the Solar and Traded products business, which involves the manufacturing and trading of Solar Photovoltaic (SPV) Modules and other related products. The Renewable Energy segment represents revenue derived from the generation of solar and wind power.
49GF Score

Get the complete analysis for BOM:533298

Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹26.53
Price
₹11.33
GF Value