Suprajit Engineering - Robust Performance Continues In Q3: Dolat Capital 
An automobile organic light emitting diode (OLED) tail light sits on display. (Photographer Dominik Osswald/Bloomberg)

Suprajit Engineering - Robust Performance Continues In Q3: Dolat Capital 

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Dolat Capital Report

Suprajit Engineering Ltd. displayed strong all-round performance in Q3 FY21.

Revenue grew 23% YoY to Rs 5 billion driven by strong growth in automotive cable (26% YoY) and Suprajit Engineering’s non-automotive division (29% YoY).

Ebitda jumped 72% YoY to Rs 864 million. Margin expanded by 488 basis points YoY to 17% led by high aftermarket (up 25% YoY) and export revenue along with various cost control initiatives.

Management stated that the outlook for the Q4 looks promising with robust business across the Indian original equipment manufacturer and aftermarket along with automotive and non-automotive exports.

Click on the attachment to read the full report:

Dolat Capial Suprajit Engineering Q3FY21 Result update.pdf


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