Please see attachment for details, the following is just a summary:
Results Update:
Suprajit reported best quarterly performance in the history of the Company. There was robust growth in PBT, EBIDTA and sales both on a Quarter on Quarter basis as well as year on year.
Subsidiaries performed well for the 9 months, adding to the profitability on a consolidated
basis.
Aftermarket and non-automotive exports business clocked robust growths of 35% and 45%
respectively.
Considering the robust performance of the period, the Board of Directors have
recommended an increased interim dividend of 45%(Rs. 0.45/share of Re. 1/-), as against
35% last year.
CAPEX Update:
Suprajit announces multiple capex plans including two new cable plants in Narsapura Industrial area, Karnataka and in Vallam-Vadagal Industrial Park, Tamilnadu.
Suprajit also anounces significant capacity expansion at the existing Pathredi plant, Rajasthan. Complete renovation and refurbishing of an existing plant in Bommasandra, Bangalore to
relocate the aftermarket manufacturing facility to meet increased demand. Additional equipments to add capacity at its 100% owned subsidiary, Suprajit Automotive.
Reappointment of Chairman and Managing Director:
The Board of Directors have reappointed Mr.K Ajith Kumar Rai, as Chairman and Managing
Director for a 5-year term. The Remuneration Committee, which met to discuss the
reappointment and remuneration, recommended a reduced remuneration cap on commission
of 4% as against the current cap of 5%, with a revised salary structure. This was approved by
the Board.
See 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…
