Suprajit Engineering Limited
3,474words
14turns
0analyst exchanges
0executives
Key numbers — 40 extracted
rs,
Rs. 1.75
Rs.3.00
300%
Rs.2.50
250%
Rs. 411.48 Million
Rs. 346.13 Million
9.1%
3.3%
11.3%
7.24%
Guidance — 9 items
Results for the European part of SCS is as under
opening
“Relocation of the warehouse from Germany to Hungary will be completed in June, yielding cost reductions and synergies in our European operations.”
Results for the European part of SCS is as under
opening
“From Q1 FY 2025–26, the results of these acquisitions will be consolidated with the European part of SCS business.”
Results for the European part of SCS is as under
opening
“The performance of the acquired SCS entities will be separately disclosed for the four quarters of FY 2025 26.”
Results for the European part of SCS is as under
opening
“Post that it will be merged with Suprajit controls division (SCD).”
SCD
opening
“SCD will do a final restructuring of North American operations, orienting better to its customer and improving margins Tariff uncertainties continue but SCD is confident that additional tariff impacts, if any, will be passed on to the customers.”
SCD
opening
“The focus will be on Trifa brand to compete with other global brands and aftermarket within India.”
SCD
opening
“SCS The year will be a year of assimilation of acquired entities and assets.”
Organic
opening
“Q4: What is the growth forecast of Suprajit for the next 5 years Suprajit avoids giving forward looking statements due to the unpredictability of global and India markets.”
Organic
opening
“We target to grow our consolidated business by 5-10% better than global industry growth (5-year average) – while maintaining our strong double- digit margins.”
Risks & concerns — 4 flagged
Key highlight for the year has been a significant improvement in the sales of the Trifa brand despite weak European markets while the domestic aftermarket segment performed well.
— Note
A: Suprajit has a long-stated policy to “De-Risk and grow Profitably”.
— SCD
This leaves us with well positioned with long-term advantages to counter current/future trends: Global Footprint: Leveraging onshore, nearshore, and offshore models to serve markets in the US and Europe effectively based on customer risk-value-benefit.
— SCD
Product Diversification: Our diverse range of products ensure reduced risk of product dependence.
— SCD
Speaking time
7
1
1
1
1
1
1
1
Opening remarks
Note
- Values in Million INR - Revenue and EBITDA are operational and excludes non-operational income/ expenses, forex gain/ loss, one off items & acquisition expenses etc. Q4 FY 23-24 Q4 FY 24-25 Revenue EBITDA 4 Group Debt & Investment
Sector and Geographical Transformation
Group Debt Mar-24 Mar-25 Long Term Short Term Total 2,801 3,438 6,239 2,056 4,515 6,571 Group Investment Mar-24 Mar-25 Investment in Mutual Funds & Bonds 5,127 2,513
Note
- Values in Million INR 5 Standalone Highlights For the Year Standalone FY 2023-24 FY 2024-25 Growth Revenue EBITDA EBITDA % 15,367 2,760 18% 17,185 2,979 17.3% 11.8% 8% For the Quarter Standalone Q4 FY 2023-24 Q4 FY 2024-25 Growth Revenue EBITDA EBITDA % 4,128 764 18.5% 4,352 716 16.5% 5.4% -6.2% Revenue EBITDA 15,367 17,185 18.0% 17.3% FY23-24 FY24-25 4,128 18.5% 4,352 16.5%
Note
- Values in Million INR - Revenue and EBITDA are operational and excludes non-operational income/ expenses, forex gain/ loss, one off items & acquisition expenses etc Q4 FY 2023-24 Q4 FY 2024-25 Revenue EBITDA 6 Updates Quarterly Highlights By Division 7 Suprajit Controls Division (SCD, Excluding SCS) SCD manufactures cables in India, Mexico, USA, Hungary, Morocco and China to serve all customers outside India & South Asia. For The Year 13,617 14,060 For The Quarter 3,744 3,835 9.7% 6.1% FY23-24 FY24-25 Revenue EBITDA 10.8% 7.3% FY23-24 FY24-25 Revenue EBITDA SCD FY 2023-24 FY 2024-25 Growth SCD Q4 2023-24 Q4 2024-25 Growth Revenue 13,617 14,060 3.3% Revenue 3,744 3,835 EBITDA 827 EBITDA % 6.1% 1,369 9.7% 65.5% EBITDA 272 414 EBITDA (%) 7.3% 10.8% 2.4% 52% Highlights SCD’s year on year revenue growth was at 3.3% and for the quarter it was 2.4%. EBITDA growth for the year was 65.5% and for the quarter 52%. These results indicate a strong turnaround at SCD. The turnaround is largely due
Note
- Values in Million INR - Revenue and EBITDA are operational and excludes non-operational income/ expenses, forex gain/ loss, one off items & acquisition expenses etc. Domestic Cable Division (DCD) DCD supplies cables from manufacturing plants in India to serve all clients in India and South Asia (Bangladesh, Nepal, Sri-Lanka). For The Year For The Quarter Highlights 10,426 18.0% 11,796 16.7% 2,692 17.2% 3,000 15.7% FY23-24 FY24-25 FY23-24 FY24-25 Revenue EBITDA Revenue EBITDA DCD FY 2023-24 FY 2024-25 Growth Revenue 10,426 11,796 13.1% EBITDA 1,871 1,969 5.3% EBITDA % 18% 16.7% DCD Q4 2023-24 Q4 2024-25 Revenue 2,692 EBITDA 462 3000 471 EBITDA % 17.2% 15.7% Growth 11.4% 2% DCD reported a YoY growth of 13.1% and QoQ growth of 11.4%, ahead of the industry growth. Operational EBITDA grew by 5.3% YoY, and 2% QoQ. This is largely due to the significant increases in the headcount, both at STC and Corporate. The aftermarket growth has been strong and ‘beyond cables’ projects are showing good
Note
- Values in Million INR - Revenue and EBITDA are operational and excludes non-operational income/ expenses, forex gain/ loss, one off items & acquisition expenses etc. 9 Phoenix Lamps Division (Consolidated, PLD) PLD supplies automotive halogen lamps from 3 facilities in India and Luxlite warehouse in Luxembourg to Aftermarket and OEMs For The Year For The Quarter Highlights 3,896 3,900 14.8% 12.1% 1,009 15.1% 978 14.4% FY23-24 FY24-25 FY23-24 FY24-25 Revenue EBITDA Revenue EBITDA PLD FY 2023-24 FY 2024-25 Growth PLD Q4 2023-24 Q4 2024-25 Revenue 3,896 3,900 0.1% Revenue 1,009 EBITDA 471 579 22.7% EBITDA 153 978 141 % 12.1% 14.8% % 15.1% 14.4% Growth -3.1% -7.7% PLD had a flat growth during the year and quarter. Operating EBITDA, however, increased by 22.7% for the year. EBITDA for the quarter declined by 7.7% largely due to certain customer write-offs. Key highlight for the year has been a significant improvement in the sales of the Trifa brand despite weak European markets while the