Edelweiss Capital: Suprajit Engineering - In line performance

Suprajit Engineering’s (SEL) Q2FY18 consolidated EBITDA at INR560mn, up 20% YoY, came largely in line with our estimate. In the cables business, while the aftermarket business continued to be impacted by
GST, margin of the exports business improved as new orders were more profitable.

For detailed analysis please see attached company report...

AttachmentSize
Edelweiss_November_2017340.03 KB