Suprajit Engineering (SEL) delivered decent revenue growth although with subdued margin performance in 2Q. Consol Revenue at Rs 3.9bn (+16% YoY) led by strong growth in core cable business, offset…
Suprajit Engineering’s Q3FY17 consolidated EBITDA (including Phoenix Lamps – PHLL), at INR421mn, came in line with our estimate. Key highlights: 1) SEL to continue to outperform industry growth by 5-10%…
Suprajit Engineering’s (SEL) consolidated 3QFY17 results came in below expectations owing to the weak performance of its cable business (effect of demonetisation) and a seasonally weak quarter for Wescon Controls.…
The Nifty 50 has turned in a negative return over the past two years (Jan’15–Jan’17) after a 30% rally in CY2014, due to recurring disappointment to earnings with the then…
The Q2 FY2017 earnings conference call of Suprajit Engineering Limited hosted by Anand Rathi Shares and Stock Brokers Limited. For detailed analysis please see attached company report…
Suprajit Engineering (SEL) reported 2QFY17 consol. PAT of Rs.352mn (+76%YoY), largely driven by higher other income with its EBITDA margin at 16.6%(+110 bps YoY). For detailed analysis please see attached…
Suprajit Engineering (SEL) has a enviable track record of reporting robust (20%+) revenue/APAT CAGR over the past decade further complemented by best-in-class RoCEs (30%+) driven by customer diversification, prudent cost…
Suprajit Engineering (SEL) has acquired 100% stake of Wescon Controls, Wichita, USA, through its wholly owned subsidiary Suprajit USA Inc from Shell Topco LP managed by a PE fund Nova…
Healthy growth in 2W helped Suprajit to 16.3% yoy revenue growth. With steady commodity prices, margins grew modestly. The company is expanding business in North America. We maintain a Buy.…