# Suprajit Engineering share price today (Suprajit Engineering Ltd, NSE: SUPRAJIT)

> Suprajit Engineering share price today: ₹475.30 at the NSE close on 3 November 2026, up 6.4% in a year. Suprajit Engineering (NSE: SUPRAJIT) is worth ₹6,520 crore, trades at a P/E of 34.7 and has closed between ₹402.55 and ₹524.60 over the past 52 weeks. > Suprajit Engineering Ltd's earnings have grown faster than its share price. Earnings per share grew +84.0% in a year while the price moved +6.4%. SUPRAJIT · Auto Ancillaries - Diversified · data as of 3 November 2026. Page: https://www.sectoralpha.in/stocks/suprajit-engineering-ltd

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## Key numbers

- Business trend: Getting better, from the last 12 quarters
- Price: ₹475.30 (+6.4% in a year)
- P/E: 34.7× (higher than 62% of the last 11 years)
- Revenue (Jun 2026): ₹1,070 Cr (+24.0% on a year ago)
- Profit (Jun 2026): ₹52.0 Cr (+8.3% on a year ago)
- Operating margin: 12.0% (+3.0 points on a year ago)
- ROCE: 15%, FY26
- ROIC: 8.7%, against a 12.0% cost of capital: −3.3 points

The main question: yearly earnings per share moved +84.0% while the share price moved +6.4%. ## What is the Suprajit Engineering share price today? Suprajit Engineering Ltd's share price was ₹475.30 at the close on 3 November 2026. It has been rising for 19 weeks. That is 1.7% above its average price over the last 200 trading days. In the last 52 weeks it traded between ₹403 and ₹525, and at that close it sat 60% of the way up from that low. Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 5 weeks running. Over the last 11 years the share price moved +261% while the NIFTY 500 moved +251%, so it is ahead of the index over that whole period. It was last ahead over 13 weeks in the week of 1 October 2026. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What changed at Suprajit Engineering this quarter? Three changes stood out: revenue up on a year earlier for 11 quarters in a row (every quarter we can compare), highest quarterly revenue in 15 quarters and operating margin up 3 points on a year earlier. 1. Revenue up on a year earlier for 11 quarters in a row (every quarter we can compare) In the June 2026 quarter revenue was ₹1,070 crore, +24% on a year earlier. Why: Revenue rose because new projects started at its global cables business in China and India. Next results: check whether new projects start production without plant bottlenecks. From the earnings call on 7 Aug 2026. 2. Highest quarterly revenue in 15 quarters Revenue of ₹1,070 crore in the June 2026 quarter is the highest of the last 15 quarters. Why: Revenue hit a record because new projects started at its global cables business in China and India. From the earnings call on 7 Aug 2026. 3. Operating margin up 3 points on a year earlier 12% in the June 2026 quarter, from 9%. Why: Margins rose because the global cables business was made leaner and cost-cutting projects saved money. Next results: check whether the higher margin holds without one-off help. From the earnings call on 7 Aug 2026. ## What are Suprajit Engineering's latest quarterly results? For April to June 2026 (the quarter ended 30 June 2026), Suprajit Engineering reported revenue of ₹1,070 crore, up 24.0% from ₹863 crore a year earlier, and a profit of ₹52.0 crore, up 8.3% from ₹48.0 crore. ### Suprajit Engineering results: April to June 2026 against a year earlier

| Measure | April to June 2026 | April to June 2025 | Change |
| --- | --- | --- | --- |
| Revenue | ₹1,070 crore | ₹863 crore | +24.0% |
| Profit | ₹52.0 crore | ₹48.0 crore | +8.3% |
| Earnings per share | ₹3.81 | ₹3.51 | +8.5% |
| Operating margin | 12.0% | 9.0% | +3.0 points |

The next results, for July to September 2026, are due by 14 November 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter). Suprajit Engineering's management discussed these results on a call held on 7 August 2026; what it said is further down this page. (From the company's reported quarterly results (quarter ended 30 June 2026). Revenue and profit in ₹ crore.)

## What is the Suprajit Engineering share price history? Suprajit Engineering closed at ₹475.30 on 3 November 2026, up 6.4% from ₹446.55 a year earlier (31 October 2025) and up 28.5% over five years. Its highest weekly close since March 2016 was ₹620.50 on 16 August 2024. ### Suprajit Engineering share price: then and now

| When | Close | Change to 3 Nov 2026 |
| --- | --- | --- |
| 1 week ago · 23 Oct 2026 | ₹451.20 | +5.3% |
| 1 month ago · 1 Oct 2026 | ₹481.05 | −1.2% |
| 6 months ago · 30 Apr 2026 | ₹415.15 | +14.5% |
| 1 year ago · 31 Oct 2025 | ₹446.55 | +6.4% |
| 3 years ago · 3 Nov 2023 | ₹373.05 | +27.4% |
| 5 years ago · 4 Nov 2021 | ₹369.80 | +28.5% |
| 10 years ago · 4 Nov 2016 | ₹201.75 | +135.6% |
| Earliest weekly close in our records · 11 Mar 2016 | ₹131.80 | +260.6% |
| Highest weekly close since March 2016 · 16 Aug 2024 | ₹620.50 | −23.4% |
| Lowest weekly close since March 2016 · 29 May 2020 | ₹109.20 | +335.3% |
| 52-week high (weekly close) · 14 Aug 2026 | ₹524.60 | −9.4% |
| 52-week low (weekly close) · 20 Mar 2026 | ₹402.55 | +18.1% |

Weekly closing prices. Each change is the move from that price to the 3 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes. (563 weekly closes from 11 March 2016 to 3 November 2026.)

## What is the latest news on Suprajit Engineering? 3 Nov 2026: Suprajit Engineering closed at ₹475.30, up 5.3% on the week and down 1.2% on the month. 1 Sep 2026: ex-date for a dividend of ₹2 a share. ### Earlier

- Our read, 22 Aug 2026: Global Cables and Mechatronics achieved a 12.6% operating margin in April to June 2026 following facility integration across Mexico, Morocco and Europe, while Sensors, Electronics & Displays grew revenue 48%. The critical gates remain working capital discipline (debtor days +9) and pass-through recovery in domestic cables and Phoenix Lighting. - 7 Aug 2026: Suprajit Engineering held its results call for April to June 2026. Management guided: FY27 consolidated revenue double-digit growth and operational operating margin 12-13.5%. - Results for April to June 2026: Revenue up 24.0% and profit up 8.3% on a year earlier. - 13 Feb 2026: ex-date for an interim dividend of ₹1.50 a share. ### Our read of the business

Global Cables and Mechatronics achieved a 12.6% operating margin in April to June 2026 following facility integration across Mexico, Morocco and Europe, while Sensors, Electronics & Displays grew revenue 48%. The critical gates remain working capital discipline (debtor days +9) and pass-through recovery in domestic cables and Phoenix Lighting. April to June 2026: Highest-ever quarterly revenue of ₹1,070 crore and operational operating profit of ₹129 crore driven by GCM restructuring and electronics acceleration. (Our read after the April to June 2026 results, written 22 August 2026.)

## What dividend does Suprajit Engineering pay? Suprajit Engineering paid ₹3.50 a share in regular dividends in the 12 months to 4 November 2026 (2 payments), a yield of 0.74% at the ₹475.30 close on 3 November 2026. The last was a dividend of ₹2 a share, ex-date 1 September 2026. ### Suprajit Engineering dividends since 1 April 2021

| Ex-date | Dividend per share | Type | Record date |
| --- | --- | --- | --- |
| 1 Sep 2026 | ₹2 | Dividend | same day |
| 13 Feb 2026 | ₹1.50 | Interim | same day |
| 4 Sep 2025 | ₹1.75 | Dividend | 6 Sep 2025 |
| 18 Feb 2025 | ₹1.25 | Interim | same day |
| 17 Sep 2024 | ₹1.40 | Dividend | n/a |
| 26 Feb 2024 | ₹1.10 | Interim | same day |
| 18 Sep 2023 | ₹1.25 | Dividend | n/a |
| 23 Feb 2023 | ₹1.05 | Interim | same day |
| 16 Sep 2022 | ₹1.10 | Dividend | n/a |
| 22 Feb 2022 | ₹0.90 | Interim | 23 Feb 2022 |
| 26 Aug 2021 | ₹1 | Dividend | n/a |

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date. 5 of 5 Of the last 5 financial years, years with an NSE dividend record

Yes. Suprajit Engineering Ltd paid out 26% of its profit as dividends in FY26, and it paid a dividend in each of its last 13 reported years. (From the NSE corporate-actions record, read 4 November 2026.)

## What did Suprajit Engineering management say on the latest results call? On the call for April to June 2026, held on 7 August 2026, Suprajit Engineering's management guided: FY27 consolidated revenue double-digit growth and operational operating margin 12-13.5%. > “Our overall vision or guideline is that we would like to own responsibility for the complete system.”
> N S Mohan, MD & Group CEO, on the call for April to June 2026

### What management guided

- FY27 GCM double-digit revenue growth and 10-12% operational operating margin; balance of nearly 25 Chinese OEM cable projects to launch over the next 12 months. - Three GCM contracts: largest EV cable program 5 million annualized and approximately 37 million lifetime, European luxury OEM 2 million and 12 million, Japanese OEM 1.2 million and 6 million. - FY27 ICM and PLE margins around prior-year levels; SED margin around 10%, with strong SED growth outlook for at least 12 months. - ICM to recover most of roughly 100 basis points of wage-related margin loss by Q2 or Q3 at latest. Management’s own plans and goals, from our notes of the call. A plan is not a result. Source: [the call transcript](https://files.tijorifinance.com/insight/india/4476/Conference Call/CC-Aug26.pdf). (From the call for April to June 2026, 7 August 2026.)

## What is the future of Suprajit Engineering? What is changing in the business? What is changing at Suprajit Engineering, from the latest results and calls: gcm structural margin expansion, china oem and global cable contract scaling and electronics and digital cluster product mix shift. - GCM structural margin expansion. Completed facility integrations across Mexico, Morocco and Germany have elevated GCM operating margin to 12.6%. ⚠ estimate
- China OEM and global cable contract scaling. Commercialization of 25 Chinese OEM projects and multi-year global EV contracts expand global market share. ⚠ estimate
- Electronics and digital cluster product mix shift. Sensors, Electronics & Displays division accelerates revenue growth at 48% with expanding margins. ⚠ estimate

We check 16 kinds of change in every company, such as costs spread over more sales, higher-value products, new orders, new regions or falling debt, against its reported numbers and what management said on its calls. Only changes the numbers back are shown. (Our read after the April to June 2026 results, written 22 August 2026.)

## What could change the Suprajit Engineering story? What are the risks? The thesis would fail if GCM operating margin drops below 10%, SED revenue growth decelerates below 15%, debtor days expand beyond 75 days, or operating cash flow remains persistently below net profit. ### Each change stops working if

- GCM structural margin expansion: GCM operating margin falls below 10% or restructuring benefits erode from unrecovered tariff burdens. - China OEM and global cable contract scaling: Chinese OEM project rollouts stall or customer volume conversions fail to generate incremental revenue. - Electronics and digital cluster product mix shift: Electronics revenue growth slows below 15% or component shortages disrupt cluster deliveries. - : Operating margin fails to expand toward 13.6% or non-operating income flattery conceals core operating stagnation. ### The main risks

- Working capital and receivables cash absorption: Debtor days increased by 9 days to 68 days, causing FY26 operating cash flow (₹171 crore) to lag net profit (₹183 crore). ⚠ estimate
- Other-income flattery and tax volatility: Recurring non-operating income (last 12 months ₹73 crore) and effective tax swings (up to 69% in Dec 2025) obscure core operating profit trends. ⚠ estimate
- Domestic cable wage inflation and Phoenix Lamps margin compression: PLE operating profit dropped 45% in April to June 2026 and ICM margins compressed by 200 basis points due to delayed price pass-throughs. ✓ fact

(Our read after the April to June 2026 results, written 22 August 2026.)

## What to watch in Suprajit Engineering's next results? When Suprajit Engineering reports July to September 2026, these are the 4 checks that show whether the story is still on course. First: GCM restructuring benefits - check whether margin remains above the stated framework without operational one-offs. - What to check (from the call)
- GCM restructuring benefits - check whether margin remains above the stated framework without operational one-offs. - ICM wage pass-through and PLE pricing recovery - check whether domestic margin pressure eases after customer negotiations. - SED capacity expansion and electronics launches - check whether new projects convert without plant bottlenecks. - Chinese OEM and US retailer ramps - check production launches and incremental customer volumes. ## Which stock lists is Suprajit Engineering on? Suprajit Engineering is not on any of our India lists this week. ## Is Suprajit Engineering profitable? Suprajit Engineering Ltd earned ₹52.0 Cr of net profit in the Jun 2026 quarter, +8.3% on the same quarter a year earlier. That is the 2nd quarter in a row of profit growth. Full-year FY26 profit was ₹183 Cr. Over 10 years profit has grown 8.6% a year on average. That is 4.9% of the quarter's revenue. The same quarter a year earlier earned ₹48.0 Cr. For the full year, FY26 profit was ₹183 Cr (+84.8% on the year before). Why profit moved: revenue changed +24.0% on a year earlier and the margin moved +3.0 percentage points. Most of the change came from keeping more of each sale. On average over the last four quarters, profit changed +36.9% and revenue +18.3%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra rupee of revenue adds more to profit. FY26-Q4. revenue ₹1,042 Cr and profit ₹71 Cr as reported. FY27-Q1. revenue ₹1,070 Cr and profit ₹52 Cr as reported. Why-sources: our stock research file (22 August 2026) and the company’s own results for those quarters. ## How much revenue does Suprajit Engineering make, and is it growing? Suprajit Engineering Ltd reported ₹1,070 Cr of revenue in the Jun 2026 quarter, +24.0% on the same quarter a year earlier. That is the 11th quarter in a row with growth on the year before. Over 10 years it has grown 15.1% a year on average. The last full year, FY26, came in at ₹3,825 Cr. Why this happened. Suprajit has secured 25 cable projects with a major Chinese OEM and multi-year contracts including an EV cable program with approximately USD 37 million lifetime value. These contracts provide revenue momentum independent of broader automotive cycle softness. The last four reported quarters add to ₹4,032 Cr. FY26 revenue was ₹3,825 Cr, +16.7% on the year before. Recent pace: the last four quarters grew +18.3% on average, against 15.1% a year over the longer run, so this year is growing faster than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +18.4%, against +16.9% a year over the last 8 quarters (stabilising); profit over the last 12 months grew +73.1%, against +4.3% a year (accelerating). FY26-Q4. revenue ₹1,042 Cr and profit ₹71 Cr as reported. FY27-Q1. revenue ₹1,070 Cr and profit ₹52 Cr as reported. Why-sources: our stock research file (22 August 2026) and the company’s own results for those quarters. ## How much of every ₹100 of sales does Suprajit Engineering keep? Suprajit Engineering Ltd's operating margin was 12.0% in the Jun 2026 quarter, 3.0 percentage points higher than the same quarter a year ago. Across 13 years it has been between 10.0% and 17.0%. The latest quarter is within that range. Why this happened. GCM expanded revenue 27% and EBITDA margin to 12.6% in Q1 FY27, validating operational restructuring. Consolidation of Americas production into Matamoros and European logistics optimization establish a leaner cost structure capable of sustaining management's 10-12% goal band. Why the margin moved: operating margin changed +2.6 percentage points on the year while gross margin changed +0.1 points. So the gain came mostly from costs below the gross margin, such as staff and overheads, measured against sales. FY26-Q4. revenue ₹1,042 Cr and profit ₹71 Cr as reported. FY27-Q1. revenue ₹1,070 Cr and profit ₹52 Cr as reported. Why-sources: our stock research file (22 August 2026) and the company’s own results for those quarters. ## Is Suprajit Engineering's profit turning into cash? Over the last 3 years, 135% of Suprajit Engineering Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹171 Cr of operating cash against ₹183 Cr of profit. After ₹281 Cr of spending on assets, free cash was −₹110 Cr: it spent more than its operations brought in. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why 135% of profit came in as cash: the cash cycle got 26 days longer between FY21 and FY26, so more of each rupee of profit waits in the business before it arrives. What to look at next: the bigger use of cash is spending on new assets, at 1.9× depreciation over three years. The next section checks what that spending is building. ## Where does Suprajit Engineering's cash go? Suprajit Engineering Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 131 days in FY26, up from 105 days in FY21. It spent ₹708 Cr on assets over the last 3 years. Customers take 68 days to pay, and stock sits for 134 days on average. At FY26 sales of ₹3,825 Cr, each day of that cycle ties up about ₹10.5 Cr, so roughly ₹1,373 Cr is tied up in the business at any time. FY26: customers took 68 days to pay and stock sat for 134 days, about 4.4 months of sales sitting as stock, for a full cycle of 131 days, longer than FY21's 105. The full loop: cash goes out to suppliers and production on day 0. Stock sits for 134 days. Customers pay about 68 days after that. Suppliers are paid at 71 days. Together that makes the 131-day cycle. Spending on assets: ₹708 Cr over the last 3 years, against ₹377 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹38.0 Cr (FY26): assets paid for that are not earning yet. In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns. ## What is Suprajit Engineering's P/E ratio, and how does it compare with its own history? Suprajit Engineering Ltd's P/E is 34.7×, in the middle of its own history: higher than 62% of past readings. Its usual P/E (the middle reading) is 31.6×, over 11 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. Why the multiple is where it is: over the past year earnings per share moved +84.0% while the price moved +6.4%. Earnings did better than the price, which pulled the multiple down within its own range. Where the price move came from: over 5 years the price moved +5.1% a year; about +0.2% a year came from earnings growth and about +4.9 percentage points from the multiple (the market paying more); over 10 years the price moved +8.9% a year; about +7.0% a year came from earnings growth and about +1.9 percentage points from the multiple (the market paying more). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple. In short: the multiple is about average against its own past, so the earnings trend underneath matters more than the multiple. ## Is the Suprajit Engineering business getting better or worse? Suprajit Engineering Ltd's business is getting better. Profit growth hit its low 4 quarters ago at −37.2% and has recovered to +73.1%, with ROCE rising at 20.8%. This is based on 12 quarters of 4 measures. Why it matters: a lasting rise from a low is what this page is built to show. ## What is the Suprajit Engineering story, and has it been checked? Suprajit Engineering Ltd's story is not scored yet against the checks our research set on 22 August 2026. Where it sits in its own cycle: Not stated in the research file. Still open: The thesis would fail if GCM EBITDA margin drops below 10%, SED revenue growth decelerates below 15%, debtor days expand beyond 75 days, or operating cash flow remains persistently below net profit. Our read, 22 August 2026. What is proven. What is not proven yet. The thesis would fail if GCM EBITDA margin drops below 10%, SED revenue growth decelerates below 15%, debtor days expand beyond 75 days, or operating cash flow remains persistently below net profit. What would change our mind. The thesis would fail if GCM EBITDA margin drops below 10%, SED revenue growth decelerates below 15%, debtor days expand beyond 75 days, or operating cash flow remains persistently below net profit. The test written in advance. The thesis would fail if GCM EBITDA margin drops below 10%, SED revenue growth decelerates below 15%, debtor days expand beyond 75 days, or operating cash flow remains persistently below net profit. Measured by: the thesis as written as stated by the next result. The test written in advance. Working capital and receivables cash absorption. Measured by: Working capital and receivables cash absorption Debtor days exceeding 75 days or operating cash flow tracking below 80% of net profit. by the next result. The test written in advance. Other-income flattery and tax volatility. Measured by: Other-income flattery and tax volatility Other income contributing more than 30% of quarterly PBT or effective tax rate deviating significantly from 27-32%. by the next result. What the company does. Global Cables and Mechatronics achieved a 12.6% EBITDA margin in Q1 FY27 following facility integration across Mexico, Morocco and Europe, while Sensors, Electronics & Displays grew revenue 48%. The critical gates remain working capital discipline (debtor days +9) and pass-through recovery in domestic cables and Phoenix Lighting. What the surface reading misses. The surface reading is: GCM turnaround delivered double-digit margins. The research reads it further: Plant consolidation and team right-sizing converted into a 680 bps EBITDA margin expansion. The key test is whether margins remain in the 10-12% guidance range through European holiday seasons. What the surface reading misses. The surface reading is: GCM provides stable double-digit margin guidance. The research reads it further: Commercialization of Chinese OEM programs provides incremental volume that sustains operating leverage in GCM manufacturing facilities. Lever 15 · Market-share gains: building. Commercialization of 25 Chinese OEM projects and multi-year global EV contracts expand global market share. What proves it keeps working: China OEM and global cable contract scaling. It stops working if Chinese OEM project rollouts stall or customer volume conversions fail to generate incremental revenue. Lever 2 · Value-added mix: building. Sensors, Electronics & Displays division accelerates revenue growth at 48% with expanding margins. What proves it keeps working: Electronics and digital cluster product mix shift. It stops working if Electronics revenue growth slows below 15% or component shortages disrupt cluster deliveries. Sources: our stock research file (22 August 2026) · quarterly results through Jun 2026 · the company’s own earnings calls. The story check is re-scored every results season; the record below never changes. ## Did Suprajit Engineering management deliver what it promised? What Suprajit Engineering Ltd's management promised, against what actually happened: 4 promises on the record. Read straight from the company’s own earnings calls. A promise that slipped stays on this page after it is met. Phoenix Lamps Recovery Miss · 10 February 2026. Management explicitly guided in August 2025 that the Phoenix Lamps business would return to normalcy within one to two quarters and expected the second half to be 'very positive'. However, in the February 2026 call, they reported that the quarter remained 'muted' with sharp reductions in exports, contradicting the prior recovery timeline. Earlier call (Aug 2025): “I”. Later call (Feb 2026): “The Phoenix Lamps Division quarter remained muted due to a sharp reduction in exports to the Middle East... The Indian aftermarket also saw low-cost Chinese imports”. SCD Margin Evaluation Reversal · 10 February 2026. In November 2025, management highlighted that Suprajit Controls Division (SCD) margins had consistently reached double digits (11.6%) and touted operational improvements. In contrast, the February 2026 call reported a decline in absolute EBITDA despite revenue growth, with normalized margins dropping to single digits (9.5%). Earlier call (Nov 2025): “SCD... achieved a double-digit EBITDA of 11.6%. This, of course, reflects the underlying operational improvements... Controls division margins have consistently been in double digit in the last 2 quarters.” Later call (Feb 2026): “operational revenue grew by 13.7%... but operational EBITDA declined by 10.7%... normalized EBITDA for the quarter is about 9.5%.”

ABS Project Timeline Delay · 10 February 2026. The August 2025 call expressed confidence in 'productionizing' the ABS product by January 2026. The latest call in February 2026 indicates prototypes are still under testing and commercialization is now only hoped for in the coming financial year, signaling a material delay. Earlier call (Aug 2025): “We are pretty much on track that we think we can productionize our ABS by January.” Later call (Feb 2026): “Initial ABS prototypes are under testing... hope to commercialize those in the coming financial year.”

SCS Revenue Guidance Revision · 11 November 2025. In the August 2025 call, management confirmed full-year FY26 revenue guidance for the acquired SCS entities to be approximately $40 million USD. However, in the November 2025 call, they advised analysts to annualize the latest quarterly revenue of 109 crores, implying a new run-rate of approximately $52.4 million USD, a more than 30% increase from the guidance provided just one quarter prior, without explaining the material upward revision. Earlier call (Aug 2025): “Yes, USD. I think probably it will be a little more, but that”. Later call (Nov 2025): “Revenue grew to about 109 crores... one easy way to do it, multiply by four for the next year. But I think, you know, I mean there will be some variation, but I think that is the rough figure for you.”

Every quote above is taken word for word from the company’s own earnings calls. ## What is Suprajit Engineering management's track record? Management handled the global restructuring well but has not yet closed the domestic pricing and product-launch delays. ### Regulatory and governance record

A 2021 SEBI insider-trading order covered an independent director and connected entities, with market bans and penalties; no fresh promoter action surfaced. 0% Promoter shares pledged

Sources:

- [sahi.com](https://www.sahi.com/news/suprajit-engineering-guides-for-12-to-13-5-ebitda-margin-in-concall-update-2336-PE1_COR)
- [casemine.com](https://www.casemine.com/judgement/in/609a4d90342cca1ed9cd5613)
- [tijorifinance.com](https://www.tijorifinance.com/company/suprajit-engineering-limited/shareholding)

(Checked 30 August 2026.)

## How much does Suprajit Engineering earn on its capital? Suprajit Engineering Ltd earned a ROCE of 15% in FY26. That is up from a low of 11% in FY25. Its return on capital used (ROIC) is 3.3 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses. It comes from a 4.8% net margin and 1.19× asset turnover (sales divided by assets). Why the return is what it is (FY26): a 4.8% net margin × 1.19× asset turnover × 2.24× leverage (assets divided by equity) ≈ 12.8% on equity. The margin does its share; borrowing is a big part of it. The key test, return on capital used minus the cost of capital: 8.7% − 12.0% = −3.3 percentage points. The 12.0% is a standard assumption for the cost of capital in India, not an estimate for this company. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve. ## Does Suprajit Engineering have too much debt? Suprajit Engineering Ltd has total debt of ₹993 Cr against shareholder equity of ₹1,437 Cr as of Jun 2026, so its debt is 0.69× its equity. Year by year, that ratio went from 0.31 in FY22 to 0.69 in FY26. Keep that borrowing in mind when reading the returns on this page. ## What is the Suprajit Engineering shareholding pattern? No group of Suprajit Engineering Ltd's owners changed its stake by a full percentage point over the last two years. Domestic institutions moved −0.8 points over the same period, to 16.4%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings. Over the last two years: Foreign institutions: +0.9 points over 8 quarters, to 7.2%; Domestic institutions: −0.8 points over 8 quarters, to 16.4%; Promoters: +0.6 points over 8 quarters, to 45.3%. ## How far is Suprajit Engineering from balance-sheet trouble? For Suprajit Engineering Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date. ## How does Suprajit Engineering rank in its industry? 55.2 out of 100, rank 10 of 21 in Auto Ancillaries - Diversified, with 81% of the evidence available. Suprajit Engineering Ltd scores 55.2 out of 100 against the 21 companies it is compared with in Auto Ancillaries - Diversified, ranking 10. The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. The four parts add up to the total exactly: 26.6 + 12.6 + 5.1 + 10.9 = 55.2. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is Suprajit Engineering compared with? Suprajit Engineering ranks 10 of 21 Auto Ancillaries - Diversified companies on the 4-Factor Sector Score, with 55.2 out of 100. 1. [Lumax Auto Technologies Ltd](https://www.sectoralpha.in/stocks/lumax-auto-technologies-ltd) LUMAXTECH · breaking out · Most evidence points up · 100% evidence 76.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 27.1/35 · Revenue 32.9% · Profit 57.5% · Operating margin change 0 points · 100% evidence Capital efficiency 19.2/25 · ROCE 21.2% · Operating margin 13% · 100% evidence Valuation 11.1/20 · P/E 37.2× · PEG 0.75 · 100% evidence Relative strength 18.8/20 · Lead over its industry 14.3% · Lead over NIFTY 500 27.5% · 1 year 79.4% · 100% evidence · 12 of 12 weeks ahead Exact sum: 27.1 + 19.2 + 11.1 + 18.8 = 76.2 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. 2. [S J S Enterprises Ltd](https://www.sectoralpha.in/stocks/s-j-s-enterprises-ltd) SJS · losing its lead · Most evidence points up · 96% evidence 71.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 29.0/35 · Revenue 28.6% · Profit 67.5% · Operating margin change 2 points · 88% evidence Capital efficiency 22.0/25 · ROCE 28.6% · Operating margin 29% · 100% evidence Valuation 12.1/20 · P/E 35.1× · PEG 0.89 · 100% evidence Relative strength 8.7/20 · Lead over its industry 0.6% · Lead over NIFTY 500 11.7% · 1 year 28.6% · 100% evidence · 8 of 12 weeks ahead Exact sum: 29 + 22 + 12.1 + 8.7 = 71.8 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 3. [OBSC Perfection Ltd](https://www.sectoralpha.in/stocks/obsc-perfection-ltd) OBSCP · leader · Most evidence points up · 75% evidence 65.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 21.0/35 · Revenue 82.9% · Profit 100% · Operating margin change -1 points · 95% evidence Capital efficiency 16.8/25 · ROCE 19.5% · Operating margin 17% · 76% evidence Valuation 9.0/20 · P/E 55.2× · PEG n/a · 15% evidence Relative strength 18.9/20 · Lead over its industry 58.5% · Lead over NIFTY 500 70.6% · 1 year 162.4% · 100% evidence · 12 of 12 weeks ahead Exact sum: 21 + 16.8 + 9 + 18.9 = 65.7 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 4. [Sansera Engineering Ltd](https://www.sectoralpha.in/stocks/sansera-engineering-ltd) SANSERA · leader · Evidence leans up · 96% evidence 60.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 23.7/35 · Revenue 23.5% · Profit 52.2% · Operating margin change 2 points · 88% evidence Capital efficiency 11.6/25 · ROCE 14.5% · Operating margin 19% · 100% evidence Valuation 6.9/20 · P/E 68.9× · PEG 1.29 · 100% evidence Relative strength 18.6/20 · Lead over its industry 43.4% · Lead over NIFTY 500 56.1% · 1 year 171.6% · 100% evidence · 12 of 12 weeks ahead Exact sum: 23.7 + 11.6 + 6.9 + 18.6 = 60.8 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 5. [Carraro India Ltd](https://www.sectoralpha.in/stocks/carraro-india-ltd) CARRARO · quiet · Evidence leans up · 89% evidence 60.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 22.6/35 · Revenue 26.3% · Profit 47.8% · Operating margin change -2 points · 88% evidence Capital efficiency 18.4/25 · ROCE 29.3% · Operating margin 8% · 100% evidence Valuation 15.6/20 · P/E 19.5× · PEG 0.42 · 65% evidence Relative strength 3.9/20 · Lead over its industry -15.6% · Lead over NIFTY 500 -5% · 1 year -8.6% · 100% evidence · 0 of 12 weeks ahead Exact sum: 22.6 + 18.4 + 15.6 + 3.9 = 60.5 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 6. [Jay Bharat Maruti Ltd](https://www.sectoralpha.in/stocks/jay-bharat-maruti-ltd) JAYBARMARU · quiet · Evidence leans up · 96% evidence 60.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 22.1/35 · Revenue 13.3% · Profit 100% · Operating margin change -2 points · 88% evidence Capital efficiency 12.5/25 · ROCE 16.6% · Operating margin 10% · 100% evidence Valuation 19.4/20 · P/E 9× · PEG 0.39 · 100% evidence Relative strength 6.3/20 · Lead over its industry -3.1% · Lead over NIFTY 500 7% · 1 year 27.6% · 100% evidence · 2 of 12 weeks ahead Exact sum: 22.1 + 12.5 + 19.4 + 6.3 = 60.3 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 7. [Craftsman Automation Ltd](https://www.sectoralpha.in/stocks/craftsman-automation-ltd) CRAFTSMAN · leader · Evidence leans up · 82% evidence 59.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 24.5/35 · Revenue 35.9% · Profit 100% · Operating margin change -2 points · 95% evidence Capital efficiency 11.8/25 · ROCE 13.9% · Operating margin 13% · 76% evidence Valuation 7.1/20 · P/E 50.6× · PEG n/a · 50% evidence Relative strength 15.7/20 · Lead over its industry 12.6% · Lead over NIFTY 500 24.7% · 1 year 53.8% · 100% evidence · 12 of 12 weeks ahead Exact sum: 24.5 + 11.8 + 7.1 + 15.7 = 59.1 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 8. [Bosch Ltd](https://www.sectoralpha.in/stocks/bosch-ltd) BOSCHLTD · leader · Evidence leans up · 78% evidence 57.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 15.9/35 · Revenue 13.6% · Profit -11.4% · Operating margin change 1 points · 83% evidence Capital efficiency 17.7/25 · ROCE 21.5% · Operating margin 14% · 76% evidence Valuation 6.0/20 · P/E 58.9× · PEG n/a · 50% evidence Relative strength 18.0/20 · Lead over its industry 13.3% · Lead over NIFTY 500 26.1% · 1 year 26.7% · 100% evidence · 12 of 12 weeks ahead Exact sum: 15.9 + 17.7 + 6 + 18 = 57.6 · What this means: Relative strength against the index is 26.1%, and revenue and profit growth are weak. 9. [Minda Corporation Ltd](https://www.sectoralpha.in/stocks/minda-corporation-ltd) MINDACORP · quiet · Evidence leans up · 81% evidence 56.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 27.1/35 · Revenue 26.6% · Profit 94.9% · Operating margin change 0 points · 88% evidence Capital efficiency 9.7/25 · ROCE 12.7% · Operating margin 11% · 100% evidence Valuation 8.4/20 · P/E 37.5× · PEG 1.58 · 100% evidence Relative strength 11.0/20 · Lead over its industry n/a · Lead over NIFTY 500 9% · 1 year 12.2% · 25% evidence · 7 of 12 weeks ahead Exact sum: 27.1 + 9.7 + 8.4 + 11 = 56.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 10. Suprajit Engineering Ltd this page SUPRAJIT · losing its lead · Evidence leans up · 81% evidence 55.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 26.6/35 · Revenue 18.4% · Profit 73.2% · Operating margin change 3 points · 88% evidence Capital efficiency 12.6/25 · ROCE 15.5% · Operating margin 12% · 100% evidence Valuation 5.1/20 · P/E 34.6× · PEG 5.51 · 100% evidence Relative strength 10.9/20 · Lead over its industry n/a · Lead over NIFTY 500 8.3% · 1 year 6.1% · 25% evidence · 7 of 12 weeks ahead Exact sum: 26.6 + 12.6 + 5.1 + 10.9 = 55.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 11. [Varroc Engineering Ltd](https://www.sectoralpha.in/stocks/varroc-engineering-ltd) VARROC · leader · Evidence leans up · 81% evidence 52.6 out of 100 Growth Capital Valuation Relative
12. [Automobile Corporation Of Goa Ltd](https://www.sectoralpha.in/stocks/automobile-corporation-of-goa-ltd) ACGL · quiet · Evidence leans up · 85% evidence 51.6 out of 100 Growth Capital Valuation Relative
13. [Samvardhana Motherson International Ltd](https://www.sectoralpha.in/stocks/samvardhana-motherson-international-ltd) MOTHERSON · leader · Evidence leans down · 96% evidence 48.7 out of 100 Growth Capital Valuation Relative
14. [Munjal Auto Industries Ltd](https://www.sectoralpha.in/stocks/munjal-auto-industries-ltd) MUNJALAU · losing its lead · Evidence leans down · 78% evidence 47.8 out of 100 Growth Capital Valuation Relative
15. [Motherson Sumi Wiring India Ltd](https://www.sectoralpha.in/stocks/motherson-sumi-wiring-india-ltd) MSUMI · basing · Evidence leans down · 100% evidence 47.1 out of 100 Growth Capital Valuation Relative
16. [Sharda Motor Industries Ltd](https://www.sectoralpha.in/stocks/sharda-motor-industries-ltd) SHARDAMOTR · losing its lead · Evidence leans down · 96% evidence 46.3 out of 100 Growth Capital Valuation Relative
17. [NDR Auto Components Ltd](https://www.sectoralpha.in/stocks/ndr-auto-components-ltd) NDRAUTO · quiet · Evidence leans down · 96% evidence 45.9 out of 100 Growth Capital Valuation Relative
18. [Endurance Technologies Ltd](https://www.sectoralpha.in/stocks/endurance-technologies-ltd) ENDURANCE · quiet · Evidence leans down · 96% evidence 43.9 out of 100 Growth Capital Valuation Relative
19. [ZF Commercial Vehicle Control System India Ltd](https://www.sectoralpha.in/stocks/zf-commercial-vehicle-control-system-india-ltd) ZFCVINDIA · quiet · Evidence leans down · 96% evidence 36.7 out of 100 Growth Capital Valuation Relative
20. [Mercury EV-Tech Ltd](https://www.sectoralpha.in/stocks/mercury-ev-tech-ltd) MERCURYEV · quiet · Most evidence points down · 68% evidence 31.1 out of 100 Growth Capital Valuation Relative
21. [Precision Camshafts Ltd](https://www.sectoralpha.in/stocks/precision-camshafts-ltd) PRECAM · quiet · Most evidence points down · 81% evidence 25.7 out of 100 Growth Capital Valuation Relative

Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Auto Ancillaries - Diversified](https://www.sectoralpha.in/sectors/auto-ancillaries-diversified), all 21 compared on one page. ## Which companies are close to Suprajit Engineering in size? Suprajit Engineering is the 12th largest of 21 Auto Ancillaries - Diversified companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: Lumax Auto Technologies, Varroc Engineering and S J S Enterprises. Just below it: Sharda Motor Industries, Carraro India and OBSC Perfection. ### Auto Ancillaries - Diversified companies close in size

1. [Lumax Auto Technologies Ltd](https://www.sectoralpha.in/stocks/lumax-auto-technologies-ltd) ₹13,786 crore
2. [Varroc Engineering Ltd](https://www.sectoralpha.in/stocks/varroc-engineering-ltd) ₹11,706 crore
3. [S J S Enterprises Ltd](https://www.sectoralpha.in/stocks/s-j-s-enterprises-ltd) ₹6,694 crore
4. Suprajit Engineering Ltd ₹6,502 crore
5. [Sharda Motor Industries Ltd](https://www.sectoralpha.in/stocks/sharda-motor-industries-ltd) ₹4,640 crore
6. [Carraro India Ltd](https://www.sectoralpha.in/stocks/carraro-india-ltd) ₹2,721 crore
7. [OBSC Perfection Ltd](https://www.sectoralpha.in/stocks/obsc-perfection-ltd) ₹2,115 crore

[All 21 Auto Ancillaries - Diversified companies, largest first](https://www.sectoralpha.in/sectors/auto-ancillaries-diversified#all-companies)

### Companies close in size in other industries

1. [Neogen Chemicals Ltd](https://www.sectoralpha.in/stocks/neogen-chemicals-ltd) ₹6,523 crore · Speciality Chemicals
2. [Hindustan Foods Ltd](https://www.sectoralpha.in/stocks/hindustan-foods-ltd) ₹6,522 crore · FMCG - Contract Mfg
3. Suprajit Engineering Ltd ₹6,502 crore
4. [Bengal & Assam Company Ltd](https://www.sectoralpha.in/stocks/bengal-assam-company-ltd) ₹6,452 crore · Finance & Investments - Others
5. [Elantas Beck India Ltd](https://www.sectoralpha.in/stocks/elantas-beck-india-ltd) ₹6,417 crore · Chemicals - Organic

## What else do people ask about Suprajit Engineering? ### What is Suprajit Engineering's share price today? Suprajit Engineering Ltd's share price is ₹475.30, +6.4% over the past year. The whole company is worth ₹6,520 Cr on the market. In the last 52 weeks it traded between ₹403 to ₹525; today it is 60% of the way up from the low, 1.7% above its 200-day average (as of 3 November 2026). ### What were Suprajit Engineering's latest quarterly results? Suprajit Engineering Ltd reported revenue of ₹1,070 Cr and net profit of ₹52.0 Cr for the Jun 2026 quarter. Revenue rose 24.0% and profit rose 8.3% compared with a year earlier. Earnings per share were ₹3.81. The operating margin was 12.0%, 3.0 percentage points higher than a year earlier (as of 3 November 2026). ### What is Suprajit Engineering's market cap? Suprajit Engineering Ltd's market capitalisation is ₹6,520 Cr at a share price of ₹475.30. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is Suprajit Engineering performing? Suprajit Engineering Ltd's share price has been rising for 19 weeks. In its latest quarter, revenue rose 24.0% and profit rose 8.3% compared with a year earlier. Over the past 13 weeks it has done worse than the NIFTY 500, for 5 weeks running (as of 3 November 2026). ### Will Suprajit Engineering's share price go up? This page does not forecast Suprajit Engineering Ltd's share price. What it shows instead: the share price is ₹475.30, and it has been rising for 19 weeks. Its P/E of 34.7× is higher than 62% of its own last 11 years (as of 3 November 2026). ### Who owns Suprajit Engineering? Promoters own 45.3% of Suprajit Engineering Ltd, foreign institutions 7.2%, domestic institutions 16.4% and the public 31.1% (latest quarter). No group of owners changed its stake by a full point over the last two years (as of 3 November 2026). ### Where is Suprajit Engineering in its business cycle? Suprajit Engineering Ltd's FY26 operating margin was 10.0%, against a 13-year range of 10.0% to 17.0%: the low end of its own range, which is often where recoveries start. The latest quarter was 12.0%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the Suprajit Engineering story? The main question: yearly earnings per share moved +84.0% while the share price moved +6.4%. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is Suprajit Engineering a stock worth studying right now? What the numbers show: Suprajit Engineering Ltd's earnings have grown faster than its share price. Earnings per share grew +84.0% in a year while the price moved +6.4%. The main open question: whether the price catches up with earnings that have already grown. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). ### Is there a Suprajit Engineering share price forecast for 2026? What management itself guided: FY27 consolidated revenue double-digit growth and operational operating margin 12-13.5%. What is changing at Suprajit Engineering, from the latest results and calls: gcm structural margin expansion, china oem and global cable contract scaling and electronics and digital cluster product mix shift. What would change the story: The thesis would fail if GCM operating margin drops below 10%, SED revenue growth decelerates below 15%, debtor days expand beyond 75 days, or operating cash flow remains persistently below net profit. ### Where does this page get Suprajit Engineering's management information? From Suprajit Engineering's results calls, its filings and public records on governance, each dated on the page. Management’s plans are shown as plans, never as results. This is research, not advice. We’re not SEBI-registered.