NSE: SUPRAJIT · BSE: 532509 · ISIN INE399C01030
Suprajit Engineering Limited stock analysis
Suprajit Engineering Limited ranks #3323 in the TickerSutra evidence-ranked universe with a score of 41/100 and 95% data confidence. The latest captured fundamentals show ROCE of 15.5%, quarterly sales growth of 23.9% and quarterly profit growth of 8.6%.Avoid / exit review
INVESTMENT EVIDENCE
What supports—and challenges—the thesis
Evidence in favour
- CWIP indicates an active capacity pipeline
- No promoter shares are reported as pledged
Risks and constraints
- Debt/equity is above 0.5×
- CFO/EBITDA is below 0.6×
Still unresolved: Related-party exposure · Broad media sentiment
FINANCIAL TRAJECTORY
Recent operating history
| Period | Revenue | Operating profit | Net profit | Operating margin |
|---|---|---|---|---|
| 2022 | ₹1,840cr | ₹260cr | ₹173cr | 14.0% |
| 2023 | ₹2,752cr | ₹313cr | ₹152cr | 11.0% |
| 2024 | ₹2,896cr | ₹324cr | ₹167cr | 11.0% |
| 2025 | ₹3,277cr | ₹333cr | ₹99cr | 10.0% |
| 2026 | ₹3,825cr | ₹397cr | ₹183cr | 10.0% |
| TTM | ₹4,031cr | ₹444cr | ₹187cr | 11.0% |
EXCHANGE EVENT TRIGGERS
Latest corporate disclosures
Suprajit Engineering Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015
RoutineShareholders meetingNSE · 12 Sept 2026Suprajit Engineering Limited has informed the Exchange regarding Proceedings of 41st Annual General Meeting held on September 12, 2026.
RoutineSuprajit Engineering Ltd-$ - 532509 - Shareholder Meeting / Postal Ballot-Outcome of AGMBSE · 12 Sept 2026Proceedings of the 41st Annual General Meeting held on September 12, 2026.
MANAGEMENT COMMENTARY
Signals from filed documents
Despite a complex and volatile market environment, our teams rose to the challenge with determination. Shanghai Lone Star achieved positive revenue growth and margin improvement. We secured more than twenty projects with a major Chinese manufacturer, with the first entering mass production in October, and strong wins across our Chinese customer base signal a bright future for Suprajit China.
Our revenues went up by 5.4%, but EBITDA went down by 45%. Margins went down 2.8% to 6.7%, primarily due to delayed price increases and in particularly in the aftermarket business. And new prices are now in effect, and we expect a recovery going forward in Q2, Q3.
• A Variable Frequency Drive (VFD)-based system has been installed in Unit 5, Unit 14, Unit 12 and Unit 16 (60 HP compressor plants). This initiative will be extended to all other plants in a phased manner, aligned with capacity expansion, leading to significant energy savings. • 1811 KW solar plant commissioned in Unit 5, Unit 7 and Unit 4.
• The Company has finalized procurement of 5.89 million units (MU) of green energy annually through group captive power vendors, initially for all Karnataka units and same is implemented as on March 2026 further we are in discussion for PLE A-1 plants 1.2 MW. • Machines have been upgraded using Variable Frequency Drives (VFDs) and Thyristor Power Regulators (TPRs) to improve efficiency and reduce power consumption. A
Passenger vehicle LED supplies have resumed, though the recovery trajectory is gradual. Going forward our focus is on driving profitable growth and accelerating new product commercialisation, and we remain confident of delivering sustained growth with stronger margins. FY 2025-26 was a landmark year for the Indian two-wheeler industry.
So if you could just reiterate the guidance that you've given earlier, that would be great. What we did was in the May after finalizing the Q4 and the year -on-year I mean, annual numbers, we have said that on a consolidated basis, we will grow in double digits and that the EBITDA margin range would be these are all operational numbers you are talking, 12% to 13.5%. We have said the Global Cables and Mechatronics wil
Just to sum up, I think the GCM restructuring is completed and the numbers of the quarter clearly show that the restructuring has yielded the right results for us. ICM and PLE margin pressure, as Mohan has explained, it is a timing issue and a price pass - through, and we expect that to be recovering well in this and the next quarter. The guidance we gave, I mean, despite all these things, the guidance that we gave i
An impairment loss is recognized if the recoverable amount is lower than the carrying value. The recoverable amount is estimated by calculating the value in use, basis valuation conducted by the management factoring future business plans and such valuation report/ future business plans are reviewed and approved by the Audit Committee/ Board of Directors of the Company. This is a key audit matter as the testing of inv
However, for the purpose of explaining the performance of the Company to investors, the management provides further break-down at the product and customer level. On this basis, the Global Cables and Mechatronics performed well through the year, with strong demand across domestic and export markets and healthy operating- margin gains in the first half; certain expected and a few one-time restructuring costs in the thi
However, pursuant to Section 113 of the Companies Act, 2013, authorised representatives of body corporates can attend the AGM through VC/OAVM and cast their votes through e-voting. Members of the Company under the category of Institutional Investors are encouraged to attend and vote at the AGM through VC/OAVM. Corporate Members intending to authorize their representatives to participate and vote at the Meeting are re
MANAGEMENT PROMISE LEDGER
Quantified statements on the clock
“So if you could just reiterate the guidance that you've given earlier, that would be great. What we did was in the May after finalizing the Q4 and the year -on-year I mean, annual numbers, we have said that on a consolidated basis, we will grow in double digits and that the EBITDA margin range would be these are all operational numbers you are talking, 12% to 13.5%. We have said the Global Cables and Mechatronics wil”
HOW TO READ THIS PAGE
Evidence, freshness and limitations
What does the TickerSutra score mean?
The score ranks captured evidence across financial quality, growth, moat and margins, regulatory catalysts, governance, institutional trend and valuation comfort. It is a research-prioritization tool—not a buy recommendation or price target.
Which sources support this page?
Financial history, ownership and pledge data, NSE and BSE filings, annual reports and available earnings-call transcripts are combined here. Use the source trail and original exchange document before relying on a decision-critical fact.
Why can an item be unresolved?
Unresolved means the current captured source window did not provide enough evidence for that check. It does not establish that a risk or relationship is absent.
Maintained by TickerSutra Research · Snapshot updated 29 Sept 2026 · Read the methodology · Read the disclaimer
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