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.
See attached Letter for more Information.
Please find attached the Chairman’s Mid-Year Letter (2024-25)
Here are the detailed letters for your references.
Please see attached Press Release for more information
Call Recording of Q2 FY25 Result Conference Call Hosted by Anand Rathi Investors Q2 FY 25 Earning Call
Please find attached financial results & press release for Quarter Ended & Half Year Ended September 30, 2024.
Enclosed Please find an invitation for Investors conference call to be held on Tuesday, November 12, 2024 at 11:00 a.m IST. See attached Invite for more details.
See attached letter for more details.
See attached detailed letter for more Information
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…
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…
由Anand Rathi Research於2023年2月14日上午11：00主持的23財年第三季度業績電話會議的電話會議錄音 Suprajit Eng Q3FY23 通話錄音
Enregistrement de la conférence téléphonique sur les résultats du troisième trimestre de l’exercice 23, organisée par Anand Rathi Research, le 14 février 2023, à 11 h 00 IST. Suprajit Eng…
Grabación de la conferencia telefónica sobre los resultados del tercer trimestre del ejercicio fiscal 23 organizada por Anand Rathi Research el 14 de febrero de 2023, a las 11:00 horas…
