Suprajit Engineering has outlined an optimistic growth outlook for FY27, projecting consolidated revenue growth of over 10% alongside a consolidated EBITDA margin expected to range between 12% and 13.5%. The guidance reflects anticipated gains across multiple business divisions, supported by increased market share, capacity expansion, and operational recovery.

FY27 Divisional Growth Outlook

The company's forward-looking commentary covers four key divisions, each with distinct growth drivers and margin targets. The following table summarises the key financial expectations shared by management:

Division-Wise Performance Expectations

The ICM and PLE divisions are both expected to deliver double-digit revenue growth, with steady EBITDA margins underpinned by increased market share and operational recovery. The Sensors, Electronics and Displays (SED) division is projected to achieve another year of strong double-digit growth, with EBITDA margins expected to remain consistent with FY26 levels, backed by major capacity expansion plans.

The Global Cables and Mechatronics (GCM) division, which includes SCS, is targeting revenue growth of over 10% for FY27. Notably, the division aims to significantly improve its EBITDA margin to a range of 10% to 12%, compared to 6% recorded in FY26, reflecting a meaningful recovery in profitability for this segment.

Investor Engagement and Disclosures

Suprajit Engineering has made available the audio recording of its meetings with analysts and institutional investors held on May 26, 2026, covering discussions on Q4FY26 results. The recording is accessible on the company's official website, ensuring transparency and broader access to management commentary for stakeholders who could not attend the live sessions. The filing was made pursuant to Regulation 30(6) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and was confirmed by Medappa Gowda J, CFO & Company Secretary.

Separately, the company attended the Capital 360 ONE Trinity India 2026 16th Annual Global Investors Conference in Mumbai on May 27, 2026, where management engaged in group and one-on-one meetings with investors and analysts from 10.00 AM to 05.00 PM (IST). The company clarified that no unpublished price sensitive information was shared during these interactions.

Participating Investors at May 27 Conference

Suprajit Engineering reported a net profit of ₹2,747.43 million for the financial year ended March 31, 2026, reflecting an 8.7% increase from ₹2,527.28 million in the previous year. Revenue from operations for the year rose to ₹18,399.25 million, compared to ₹17,184.63 million in FY25. On a consolidated basis, net profit for FY26 increased significantly to ₹1,826.73 million from ₹992.65 million in the previous year, while consolidated revenue from operations stood at ₹38,248.23 million. The board recommended a final dividend of ₹2.00 per share, subject to shareholder approval, bringing the total dividend for FY26 to ₹3.50 per share against ₹3.00 per share in the previous year.

Quarterly Financial Highlights

For the quarter ended March 31, 2026, the company recorded a standalone net profit of ₹659.93 million, a 21.2% increase from ₹544.56 million in the corresponding quarter of the previous year. Quarterly standalone revenue from operations stood at ₹4,684.72 million, up from ₹4,351.68 million in Q4 FY25. On a consolidated basis, Q4 net profit rose sharply to ₹711.13 million from ₹272.37 million in the same quarter of the previous year, while consolidated Q4 revenue grew to ₹10,419.29 million from ₹8,769.24 million year-on-year. The statutory auditors, Messrs S.R. Batliboi & Associates LLP, issued an unmodified opinion on the audited standalone and consolidated financial results.

EBITDA Performance

Suprajit Engineering's consolidated EBITDA for Q4 more than doubled to ₹1.2 billion compared to ₹641 million in the same quarter of the previous year, reflecting a significant improvement in operational efficiency. The consolidated EBITDA margin expanded meaningfully to 11.55% from 7.3% year-on-year, underscoring stronger profitability at the operating level. The company achieved its highest ever quarterly revenue of ₹1,042 crore and quarterly Profit Before Tax (PBT) of ₹97.2 crore.

Exceptional Items and Dividend

The company recognised an exceptional gain of ₹54 million during the quarter, relating to the reversal of an impairment provision for its investment in Trifa Lamps Germany GmbH following the completion of its liquidation. The board declared an interim dividend of ₹1.50 per share earlier in the year, bringing the total dividend for FY26 to ₹3.50 per share. In the previous financial year, the total dividend paid was ₹3 per share.

Consolidated Full-Year Results

On a consolidated basis, net profit for FY26 increased significantly to ₹1,826.73 million from ₹992.65 million in the previous year. Consolidated revenue from operations for the year stood at ₹38,248.23 million. The group completed the second stage of the acquisition of Stahlschmidt Cable Systems (SCS) business during the year, which impacted comparability with prior periods. The restructuring undertaken at the overseas entities has been successfully completed, leading to SCS entities turning EBITDA positive in Q4.

Business Outlook and Strategy

The company provided an outlook for FY27, projecting overall revenue growth in double digits and EBITDA margins between 12% and 13.5%, including the operations of the erstwhile SCS entities. Capital expenditure for the year is expected to be ₹200 crore, covering land acquisition in Maharashtra, completion of the STC building, a second plant for SAL in Chennai, and capacity expansion at the Sensors, Electronics and Displays (SED) division. The company noted that ongoing geopolitical conflicts in the Middle East pose risks regarding inflation, oil prices, and supply shortages.

Divisional Performance

The Suprajit Controls Division (SCD) reported revenue growth of 15%, significantly higher than global growth, while the Suprajit Electronics Division (SED) grew at 30% in Q4. The company announced a new division nomenclature: DCD is renamed ICM (India Cables and Mechatronics), SCD is renamed GCM (Global Cables and Mechatronics), and PLD is renamed PLE (Phoenix Lighting and Electricals). The GCM division is expected to grow in double digits with operational EBITDA margins improving to between 10% and 12%.