Suratwwala Business Group Revenue Surges 301% with Solar Vertical Launch
Suratwwala Business Group Limited reported audited consolidated revenue growth of 301% for FY26, alongside a 238% increase in profit before tax. The company also operationalised its solar EPC vertical during the year through subsidiary Suratwwala Natural Energy Resource Private Limited.
Suratwwala Business Group Limited (BSE: 543218, NSE: SBGLP), a Pune-based listed real estate development company with solar EPC activities, announced its audited consolidated financial results for FY26 on May 29, 2026. The company delivered transformational growth with revenue from operations surging 301% year-on-year, and profit before tax growing 238% over the prior year. The scale of growth reflects a combination of robust real estate project execution and the initial contribution of the newly operationalised solar EPC business.
A key strategic development in FY26 was the operationalisation of the solar vertical through subsidiary Suratwwala Natural Energy Resource Private Limited (formerly Suratwwala Natural Energy Resource LLP). This marks the company's entry into clean energy infrastructure, complementing its real estate development activities. The dual-engine business model—combining real estate with renewable energy—positions the company to capture growth across two high-priority sectors of the Indian economy.
Suratwwala Business Group's move into solar EPC carries direct ESG significance, as the renewable energy segment contributes to India's clean energy transition targets. The operationalisation of the solar vertical in FY26 signals the company's intent to build a sustainable, diversified business beyond traditional real estate. If the solar subsidiary scales meaningfully, it could enable the parent group to contribute measurably to renewable energy capacity addition, generate long-term recurring revenue streams, and build a credible sustainability narrative for institutional investors.
Key figure — Revenue +301% YoY; PBT +238% YoY (FY26 consolidated)
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