Surya Roshni in focus on demerger buzz; lighting and steel pipe split under watch

Market chatter points to a possible demerger of Surya Roshni's lighting and steel pipe businesses, with investors eyeing value unlocking. Stock active near ₹244.65 as Q4FY26 revenue is estimated at ₹23,983 cr (+24.4%), EBITDA ₹1,967 cr and net profit ₹1,235 cr.

— Source publishedFri, 15 May, 2026, 14:30 IST·First seen Fri, 15 May, 2026, 14:58 IST·Source Business Today · Latest

What happened

Surya Roshni के लाइटिंग और स्टील पाइप कारोबार के संभावित डीमर्जर की चर्चा से शेयर में हलचल। Q4FY26 में रेवेन्यू 24.4% बढ़कर ₹23,983 करोड़ रहने का अनुमान,

Key facts

  • 244.65 रुपये
  • 23,983 करोड़ रेवेन्यू अनुमान
  • 1,235 करोड़ नेट प्रॉफिट अनुमान
  • 1,967 करोड़ EBITDA
  • 24.4% रेवेन्यू ग्रोथ

Why this matters

A clean lighting-versus-steel-pipes separation creates two pure-play targets for strategic suitors and PE, so map comparable multiples and potential acquirer interest in each vertical now.