Suprajit Engineering Limited manufactures, sells, and exports automotive cables and components to original equipment manufacturers in India, the United States, the United Kingdom, Germany, Luxembourg, and internationally. More Details
Flawless balance sheet established dividend payer.
Share Price & News
How has Suprajit Engineering's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SUPRAJIT is less volatile than 75% of Indian stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: SUPRAJIT's weekly volatility (5%) has been stable over the past year.
7 Day Return
IN Auto Components
1 Year Return
IN Auto Components
Return vs Industry: SUPRAJIT exceeded the Indian Auto Components industry which returned 95.4% over the past year.
Return vs Market: SUPRAJIT exceeded the Indian Market which returned 65% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Suprajit Engineering's share price compared to the market and industry in the last 5 years?
Simply Wall St News
20 hours ago | Simply Wall StHere's What's Concerning About Suprajit Engineering's (NSE:SUPRAJIT) Returns On Capital
1 month ago | Simply Wall StIs Suprajit Engineering Limited's(NSE:SUPRAJIT) Recent Stock Performance Tethered To Its Strong Fundamentals?
1 month ago | Simply Wall StIs Suprajit Engineering (NSE:SUPRAJIT) A Risky Investment?
Is Suprajit Engineering undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: SUPRAJIT (₹254.85) is trading above our estimate of fair value (₹119.08)
Significantly Below Fair Value: SUPRAJIT is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: SUPRAJIT is poor value based on its PE Ratio (40.5x) compared to the Indian Auto Components industry average (29.1x).
PE vs Market: SUPRAJIT is poor value based on its PE Ratio (40.5x) compared to the Indian market (19.7x).
Price to Earnings Growth Ratio
PEG Ratio: SUPRAJIT is poor value based on its PEG Ratio (1.4x)
Price to Book Ratio
PB vs Industry: SUPRAJIT is overvalued based on its PB Ratio (4x) compared to the IN Auto Components industry average (1.7x).
How is Suprajit Engineering forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SUPRAJIT's forecast earnings growth (29% per year) is above the savings rate (6.8%).
Earnings vs Market: SUPRAJIT's earnings (29% per year) are forecast to grow faster than the Indian market (22.8% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: SUPRAJIT's revenue (15.8% per year) is forecast to grow faster than the Indian market (13.2% per year).
High Growth Revenue: SUPRAJIT's revenue (15.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: SUPRAJIT's Return on Equity is forecast to be low in 3 years time (18.7%).
How has Suprajit Engineering performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SUPRAJIT has high quality earnings.
Growing Profit Margin: SUPRAJIT's current net profit margins (5.8%) are lower than last year (8.9%).
Past Earnings Growth Analysis
Earnings Trend: SUPRAJIT's earnings have grown by 3.6% per year over the past 5 years.
Accelerating Growth: SUPRAJIT's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: SUPRAJIT had negative earnings growth (-38%) over the past year, making it difficult to compare to the Auto Components industry average (-33.4%).
Return on Equity
High ROE: SUPRAJIT's Return on Equity (9.9%) is considered low.
How is Suprajit Engineering's financial position?
Financial Position Analysis
Short Term Liabilities: SUPRAJIT's short term assets (₹8.9B) exceed its short term liabilities (₹5.8B).
Long Term Liabilities: SUPRAJIT's short term assets (₹8.9B) exceed its long term liabilities (₹1.2B).
Debt to Equity History and Analysis
Debt Level: SUPRAJIT's debt to equity ratio (38.8%) is considered satisfactory.
Reducing Debt: SUPRAJIT's debt to equity ratio has reduced from 84.9% to 38.8% over the past 5 years.
Debt Coverage: SUPRAJIT's debt is well covered by operating cash flow (49.8%).
Interest Coverage: SUPRAJIT's interest payments on its debt are well covered by EBIT (9.8x coverage).
What is Suprajit Engineering current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: SUPRAJIT's dividend (0.69%) is higher than the bottom 25% of dividend payers in the Indian market (0.4%).
High Dividend: SUPRAJIT's dividend (0.69%) is low compared to the top 25% of dividend payers in the Indian market (1.67%).
Stability and Growth of Payments
Stable Dividend: SUPRAJIT's dividends per share have been stable in the past 10 years.
Growing Dividend: SUPRAJIT's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (11.9%), SUPRAJIT's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: SUPRAJIT's dividends in 3 years are forecast to be well covered by earnings (17.4% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mohan Nagamangala (58 yo)
Mr. Mohan Srinivasan Nagamangala, B.E (Mechanical), ICWA, has been Managing Director of Suprajit Engineering Ltd. since April 1, 2019. He has been the Chief Executive Officer of Phoenix Lamps Limited since...
CEO Compensation Analysis
Compensation vs Market: Mohan's total compensation ($USD256.24K) is about average for companies of similar size in the Indian market ($USD340.69K).
Compensation vs Earnings: Mohan's compensation has been consistent with company performance over the past year.
Experienced Management: SUPRAJIT's management team is seasoned and experienced (5.2 years average tenure).
Experienced Board: SUPRAJIT's board of directors are considered experienced (4.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Suprajit Engineering Limited's company bio, employee growth, exchange listings and data sources
- Name: Suprajit Engineering Limited
- Ticker: SUPRAJIT
- Exchange: NSEI
- Founded: 1985
- Industry: Auto Parts and Equipment
- Sector: Automobiles
- Market Cap: ₹35.299b
- Shares outstanding: 138.37m
- Website: https://www.suprajit.com/suprajit-group/suprajit-engineering
Number of Employees
- Suprajit Engineering Limited
- Bommasandra Industrial Area
- No. 100 & 101, Anekal Taluk
Suprajit Engineering Limited manufactures, sells, and exports automotive cables and components to original equipment manufacturers in India, the United States, the United Kingdom, Germany, Luxembourg, and ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/05/13 12:17|
|End of Day Share Price||2021/05/12 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.