Result Highlights
# Suprajit’s 4Q is not comparable as Phoenix has been consolidated since 3Q while we do not have comparable numbers from the prior period.
# Standalone revenues have risen 17% and EBITDA is up 24% while profits are down 6% on sharp rise in interest cost.
# Consolidated results have recieved a boost from Phoenix acquisition with 77% revenue growth and doubling of profit.
# Margins have been stable with marginal QoQ and YoY growth, while standalone margins have risen 100bps.
# Acquisition cost of INR1cr is factored into 4Q earnings. Numbers are marginally higher than our estimates.
# Dividends – Final dividend of INR.0.55/share and interimn dividend of INR.0.50/share.
For detailed analysis please see attached company report…
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we would like to inform you that the Nomination & Remuneration Committee / Compensation Committee (“Committee”)…
Pursuant to Regulation 30 read with para A, part A of Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”),…
The Company has entered into (i) Power Purchase Agreement (“PPA”) with Amplus Green Power Private Limited (ii) Share Acquisition and Shareholders’ Agreement (“Agreement”) with Amplus Energy Solutions PTE Ltd. and…
In compliance with Regulation 74(5) of the Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018, please find enclosed copy of the certificate received from Integrated Registry Management…
Intimation of Board Meeting as per Regulation 29(1)(a) of SEBI (Listing Obligation and Disclosure Requirements), Regulations 2015.
In compliance with the Securities & Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015, it is hereby informed that the Trading Window of the Company will remain closed…
Pursuant to the provisions of Regulation 30 read with Part A of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please be informed that the Forty-First (41st)…
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘Regulations’) read with Part A of Schedule III to the Regulations, we wish to inform that…
Pursuant to Regulation 30(6) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘Regulations’) read with Part A of Schedule III to the Regulations, we wish to inform that…
Strong Growth Visibility with Improving Margins and Product Mix We interacted with Suprajit Engineering’s management to gauge the FY27 growth trajectory. The company completed the bulk of its global operations…
Please find attached the copy of Newspaper Advertisement published by the Company in ‘Business Standard’, English Newspaper and ‘Sanjevani’, Kannada Newspaper, with respect to Financial Results for the Quarter ended…
Mr. K. Ajith Kumar Rai, Founder and Chairman of Suprajit Group, shares his entrepreneurial journey, the evolution of Suprajit into a global automotive component leader, and his perspectives on leadership…
We upgrade Suprajit Engineering (SEL) to BUY with a revised SoTP-based TP of Rs550 (22% increase). See attached detailed report.
Please find attached the letter and copies of Public Announcement.
Since Inauguration in Q1 Suprajit Electronics Division (SED) has already reached revenue run rate of Rs. 100 Mn per month with Rs. 5 Bn p.a from electronics business in near…
Strong growth in Electronics division driven by increased deliveries for EV/ICE vehicles Suprajit’s consolidated revenue stood at INR 7,242 Mn in Q3FY24, below our estimate of INR 8,211 Mn registering…
We expect 12% revenue CAGR for SEL over FY23–25E, led by all-round growth across business segments and an incremental ₹8.7 bn from LDC revenue. Auto Cable business is expected to…
Please find attached the copy of Newspaper Advertisement published by the Company in‘Business Standard’, English Newspaper and ‘Sanjevani’, Kannada Newspaper.
Find below attached copies of the Newspaper Advertisement published by the company in “Financial Express”, English Newspaper and “Sanjevani”, Kannada Newspaper, with respect to Financial Results for the quarter ended…
