Posted near in-line set of numbers and stable outlook provided for existing businesses. Expect new acquisition and new products from STC to be new gems in the coming few years for Suprajit, that will increase export growth opportunities & will further reduce dependency on domestic 2Ws. Despite input cost pressures, the company managed to maintain margin at 16%+, passing on RMC & other costs is expected to support at least a similar level of margin in the coming quarters. In LDC, low hanging fruits are visible on the costs side and multiple synergies in terms of manufacturing, engineering & business development to support continuation of the company’s outperformance in the coming years.
We maintain ACCUMULATE rating and target price of Rs. 405 per share.
Company has signed the closing memorandum for Asset and business acquisition in Germany and equity purchase in Poland and Morocco as First Stage of acquisition of the business of Stahlschmidt…
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…
In continuation to our letter dated June 9, 2024, We would like to inform you thatSuprajit USA Inc, the wholly owned subsidiary of Suprajit Engineering Limited has set upits wholly…
Enclosed Please find an invitation for the Investors conference call – Acquisition of the Business of Stahlschmidt Cable Systems (SCS) to be held on Wednesday, June 12, 2024 at 12:30…
Enclosed please find the Press Release dated June 9, 2024 regarding “Suprajit to acquire the business of Stahlschmidt Cable Systems (SCS), out of insolvency proceedings in Germany.
This is to inform you that we are participating in the Physical investor conference organized by B&K Securities at Mumbai on May 31, 2024. The list of Investors/analysts who are…
Call Recording of Q4 FY24 Result Conference Call Hosted by Anand Rathi
Please find attached financial results for the Quarter and Year ended March 31, 2024
Please find an invitation for Q4 FY24 Results conference call to be held on Thursday, May 30, 2024 at 11:00 a.m IST. Investor meet Invitation 30May2024
Further to our previous communications, we would like to inform you that the relocation of the manufacturing facility of Shanghai Lone Star Cable Co. Ltd, is now fully operational and…
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…
Find below attached copies of the Newspaper Advertisement published by the company in “Business Standards”, English Newspaper and “Sanjevani”, Kannada Newspaper, with respect to Financial Results for the quarter and…
We forecast revenue CAGR of 25% over FY22-25E We forecast 28% EPS CAGR over FY22-25E for Suprajit We initiate coverage with a BUY recommendation and Sep-23E TP of Rs440 Consistent…
Notice is hereby given that the 37th (Thirty Seventh) Annual General Meeting (AGM) of the Members of Suprajit Engineering Limited (“the Company”) will be held on Monday, September 26, 2022,…
We initiate coverage on Suprajit Engineering (SEL) with a BUY rating. SEL is one of the largest manufacturers of Automotive Control Cables and Halogen Lamps, supplying to domestic & international…
