Suprajit Engineering Q2 Review - Spreading Its Wings: Dolat Capital

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy..Dolat Capital Report.Suprajit Engineering Ltd. displayed resilient performance on the back of strong margin performance in the automotive cable business. Revenue grew 11.4% YoY to Rs 4.94 billion led by 10% YoY increase in cable division flat growth in Phoenix lamps division division and 29% YoY growth in non-automotive division. Ebitda margin stood at 16.2% led by strong margin in core cable business.Despite the weakness in domestic two-wheelers production, core cable business outperformed due to sharp jump in four wheeler export (won new business for electric vehicles.) In automotive, Suprajit Engineering has added many products like electronics instrument cluster, CBS for electric-two-wheeler and the brake shoes which will aid revenue growth for medium term..Click on the attachment to read the full report:.DISCLAIMERThis report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint..Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

Suprajit Engineering Q2 Review - Spreading Its Wings: Dolat Capital

Suprajit Engineering Q2 Review - Spreading Its Wings: Dolat Capital

Choose a plan