BSE: 544793 · ISIN INE2L0V01019
Susan Electricals India Limited stock analysis
Susan Electricals India Limited ranks #214 in the TickerSutra evidence-ranked universe with a score of 69/100 and 87% data confidence. The latest captured fundamentals show ROCE of 37.0%, quarterly sales growth of 279.0% and quarterly profit growth of 1621.4%.Watchlist candidate
INVESTMENT EVIDENCE
What supports—and challenges—the thesis
Evidence in favour
- ROCE is 37%
- 51.1% three-year sales CAGR
- Institutional ownership is rising
- No promoter shares are reported as pledged
Risks and constraints
- Debt/equity is above 0.5×
- CFO/EBITDA is below 0.6×
- Extreme base-effect growth requires manual validation
Still unresolved: Related-party exposure · Broad media sentiment
FINANCIAL TRAJECTORY
Recent operating history
| Period | Revenue | Operating profit | Net profit | Operating margin |
|---|---|---|---|---|
| 2021 | ₹49cr | ₹1cr | ₹0cr | 1.8% |
| 2022 | ₹55cr | ₹1cr | ₹0cr | 2.2% |
| 2023 | ₹78cr | ₹1cr | ₹1cr | 1.7% |
| 2024 | ₹103cr | ₹4cr | ₹1cr | 3.5% |
| 2025 | ₹135cr | ₹12cr | ₹6cr | 9.0% |
| 2026 | ₹269cr | ₹32cr | ₹18cr | 12.0% |
EXCHANGE EVENT TRIGGERS
Latest corporate disclosures
Outcome of the Board Meeting Dated 28.09.2026
RoutineSusan Electricals India Ltd - 544793 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationBSE · 22 Sept 2026Dear Sir/Madam, We wish to inform you that pursuant to Regulation 30(6) of the SEBI Listing Regulations, the schedule of Analyst/Institutional Investor Meeting is as under: Date Name ....
RoutineSusan Electricals India Ltd - 544793 - Announcement under Regulation 30 (LODR)-CessationBSE · 22 Sept 2026Intimation regarding Resignation of Secretarial auditor of the Company
MANAGEMENT COMMENTARY
Signals from filed documents
● Completing our capacity expansion ahead of schedule Capacity Expansion: On track for commercial operations from Feb 2027. (existing 7,500 Km → 12,000 Km p.a., +60%) Ongoing incremental capacity additions already happening; new capacity expected to ramp quickly alongside demand Peak capex reference potential of ~700 to 800cr in revenue We are also exploring opportunities in sectors such as railways and defence. Addi
Vishal Jain – Chairman & Managing Director, Susan Electricals India Limited Our focus remains on increasing the contribution of higher-value products, particularly HT cables and MVCC cables. Currently, the contribution from these products is around 10% to 15% , and these products have the potential to deliver higher margins. As their contribution increases in the overall revenue mix, it will support improvement in ou
Additionally, we are working towards empanelment of our products with leading power sector companies and large organisations operating in the power sector. With strong demand visibility, an expanding manufacturing base and improving operating metrics, we remain confident of sustaining our growth momentum through FY27. With this, I would like to hand over to our CFO, Mr.
As their contribution increases in the overall revenue mix, it will support improvement in our operating profitability. Question 10: Business Growth and Margin outlook Participant – Mr. Singrawat, Trust Plutus Congratulations on the strong set of numbers, especially the improvement on the margin front.
Expected FY27 revenue mix roughly balanced ~30-35% each across HT/MVCC, LT/conductors, and winding wires ● Increasing EBITDA per unit HT/MVCC per-unit EBITDA potential ~20% (or 20-25%); winding wires & LT/conductors typically 10-15%. Blended operating margin improved to ~11.9% in Q1 ; expected to maintain/improve with mix shift and operating leverage Longer-term vision : aggressive capacity build-out to reach a much
MANAGEMENT PROMISE LEDGER
Quantified statements on the clock
“● Completing our capacity expansion ahead of schedule Capacity Expansion: On track for commercial operations from Feb 2027. (existing 7,500 Km → 12,000 Km p.a., +60%) Ongoing incremental capacity additions already happening; new capacity expected to ramp quickly alongside demand Peak capex reference potential of ~700 to 800cr in revenue We are also exploring opportunities in sectors such as railways and defence. Addi”
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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