Suprajit Engineering
453.55
-7.65(-1.66%)
Market Cap₹6,325.90 Cr
PE Ratio57.68
IndustryAutomobiles
Company Performance:
1D-1.66%
1M+0.38%
6M+17.55%
1Y-13.26%
5Y+154.52%
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More news about Suprajit Engineering
16Jul 25
Suprajit Engineering Announces Major Operational Restructuring for Global Efficiency
Suprajit Engineering, India's largest automotive cable and halogen bulb maker, is implementing significant operational changes across its global facilities. In Canada, operations will be consolidated into a larger 30,000 sq.ft. facility by September 2025. Mexican operations will be consolidated, with manufacturing moving to Matamoros and some products to Wichita, USA, resulting in expected annual savings of $750,000. German operations will be rightsized, focusing on business development and engineering support, with projected annual savings of €850,000. These changes, to be completed by December 2025, aim to optimize Suprajit's global operational footprint and improve cost efficiency.
16Jul 25
Suprajit Engineering Sets Ambitious EBITDA Margin Target for FY24-25
Suprajit Engineering aims for 12-14% EBITDA margin in FY24 and FY25. The company is expanding its product portfolio, focusing on electronics, braking, and actuation divisions. SCS entities are expected to become EBITDA positive by Q4. Recent acquisitions have strengthened the company's global market presence.
25Jun 25
Suprajit Engineering Gears Up for New Production in ICE and EV Segments
Suprajit Engineering Ltd., a leading automotive component manufacturer, plans to expand production capabilities in both Internal Combustion Engine (ICE) and Electric Vehicle (EV) sectors. The company will commence new production lines for several Original Equipment Manufacturers (OEMs) in fiscal year 2026. This strategic move demonstrates Suprajit's commitment to adapting to the evolving automotive landscape and maintaining a strong position in both conventional and emerging markets.
30May 25
Suprajit Engineering Forecasts Double-Digit Growth Across Multiple Divisions
Suprajit Engineering anticipates robust performance in the coming year. The Domestic Cable and Controls Divisions, as well as the Electronics Division, are expected to achieve double-digit growth. The Phoenix Lamps Division is projected to grow in single digits. The company forecasts overall improvement from the second quarter, with the Controls Division showing margin improvements from Q1. Suprajit aims to turn EBITDA positive on the SCS package by the last quarter. Excluding the SCS package, the company expects double-digit revenue growth and an EBITDA margin between 12.00% to 14.00%.
28May 25
Suprajit Engineering Reports Mixed Q4 Results, Declares Dividend
Suprajit Engineering's Q4 results show revenue growth of 12.4% YoY to ₹8800.00 million, but a 54% decline in net profit to ₹272.00 million. EBITDA decreased to ₹641.00 million, with margin dropping to 7.30%. Despite profitability challenges, the company declared a dividend of ₹1.75 per share.
07Apr 25
Suprajit Engineering Inks Strategic Licensing Deal with Blubrake for Advanced ABS Technology
Suprajit Engineering has entered into a licensing and technology transfer agreement with Italian firm Blubrake S.p.A. for their next-generation Anti-Lock Braking System (ABS) technology. The agreement grants Suprajit exclusive rights to develop and manufacture Blubrake's ABS technology in India, China, South-East Asia, and Brazil, focusing on non-pedal-based vehicles. This partnership aims to enhance Suprajit's capabilities in providing advanced braking solutions and supports its goal of becoming a global brake system supplier.
Suprajit Engineering
453.55
-7.65
(-1.66%)
1 Year Returns:-13.26%
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