Suprajit Engineering Limited submitted a press release and investor presentation dated November 7, 2026, to the stock exchanges in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The document provides a comprehensive business update and financial performance for Q2 FY27 (Quarter ended September 2026) and H1 FY27 (Half Year ended September 2026).

Business Context

The Indian automotive sector showed strong growth at 20.2%, fueled by lower GST regime, though growth is expected to temper in H2 due to high base effect. Global markets remained subdued due to geopolitical conflicts, inflation, and rising interest rates. Higher oil/commodity prices, inflationary wage trends, container shortages, and elevated shipping costs continued to pressure margins.

Consolidated Financial Performance (Including SCS)

Half Year (H1) Performance:

  • Revenue: ₹22,047 million (Sep-26) vs ₹18,039 million (Sep-25), growth of 22.2%
  • EBITDA: ₹2,672 million (Sep-26) vs ₹1,910 million (Sep-25), growth of 39.9%
  • EBITDA Margin: 12.1% (Sep-26) vs 10.6% (Sep-25)

Quarterly (Q2) Performance:

  • Revenue: ₹11,351 million (Q2 FY27) vs ₹9,410 million (Q2 FY26), growth of 20.6%
  • EBITDA: ₹1,384 million (Q2 FY27) vs ₹1,092 million (Q2 FY26), growth of 26.7%
  • EBITDA Margin: 12.2% (Q2 FY27) vs 11.6% (Q2 FY26)

Note: Values in million INR; Operational EBITDA excludes non-operational income/expenses & forex gain/loss; Previous year figures regrouped; Consolidated and GCM figures include SCS.

Standalone Financial Performance

Half Year (H1) Performance:

  • Revenue: ₹10,343 million (Sep-26) vs ₹8,774 million (Sep-25), growth of 17.9%
  • EBITDA: ₹1,491 million (Sep-26) vs ₹1,452 million (Sep-25), growth of 2.7%
  • EBITDA Margin: 14.4% (Sep-26) vs 16.6% (Sep-25)

Quarterly (Q2) Performance:

  • Revenue: ₹5,647 million (Q2 FY27) vs ₹4,874 million (Q2 FY26), growth of 15.9%
  • EBITDA: ₹889 million (Q2 FY27) vs ₹847 million (Q2 FY26), growth of 5%
  • EBITDA Margin: 15.7% (Q2 FY27) vs 17.4% (Q2 FY26)

Group Debt & Investment Position (as of September 2026)

  • Long Term Debt: ₹2,384 million (vs ₹2,238 million in Mar-26)
  • Short Term Debt: ₹5,347 million (vs ₹5,612 million in Mar-26)
  • Total Debt: ₹7,731 million (vs ₹7,850 million in Mar-26)
  • Investment in Mutual Funds & Bonds: ₹2,441 million (vs ₹2,365 million in Mar-26)
  • Cash and Cash Equivalents: ₹1,576 million (vs ₹1,000 million in Mar-26)

Division-wise Performance

Global Cables & Mechatronics (GCM) - including SCS

Manufactures cables in India, Mexico, USA, Hungary, Morocco, China for customers outside India & South Asia

Half Year Performance:

  • Revenue: ₹11,801 million (Sep-26) vs ₹9,371 million (Sep-25), growth of 25.9%
  • EBITDA: ₹1,341 million (Sep-26) vs ₹621 million (Sep-25), growth of 115.9%
  • EBITDA Margin: 11.4% (Sep-26) vs 6.6% (Sep-25)

Quarterly Performance:

  • Revenue growth: 24.3% in Q2
  • EBITDA growth: 69% in Q2

Highlights: Successful restructuring completed; strong operational numbers; new project wins flowing into operations; strong growth with US and Chinese OEMs; European business stable despite headwinds; Suprajit Automotive Limited (SAL) undertaking significant capacity expansion with greenfield cable facility in Chennai.

India Cables & Mechatronics (ICM)

Supplies cables from Indian plants to clients in India and South Asia

Half Year Performance:

  • Revenue: ₹7,187 million (Sep-26) vs ₹6,149 million (Sep-25), growth of 16.9%
  • EBITDA: ₹1,021 million (Sep-26) vs ₹982 million (Sep-25), growth of 4%
  • EBITDA Margin: 14.2% (Sep-26) vs 16.0% (Sep-25)

Highlights: EBITDA margins improved during Q2 (15.3%) from Q1 (12.8%) and expected to further improve in Q3; revenue grew 13.7% for quarter; underlying OEM cable/beyond cables business grew 20%+; OE aftermarket and direct aftermarket had modest growth; braking products and beyond-cable projects consolidating and growing; significant customer recognitions received.

Phoenix Lighting & Electricals (PLE)

Supplies automotive halogen lamps from 3 Indian facilities and Luxembourg warehouse to Aftermarket and OEMs

Half Year Performance:

  • Revenue: ₹1,991 million (Sep-26) vs ₹1,805 million (Sep-25), growth of 10.3%
  • EBITDA: ₹216 million (Sep-26) vs ₹230 million (Sep-25), decline of (6.1%)
  • EBITDA Margin: 10.8% (Sep-26) vs 12.8% (Sep-25)

Highlights: EBITDA margin improved during Q2 (14.4%) from Q1 (6.7%) and expected to consolidate; operating revenue grew 14.8% for quarter; both revenue growth and EBITDA margin for H1 in double digits; deliveries to largest US retailer show strong traction; insolvency of major halogen supplier expected to generate additional business.

Sensors, Electronics & Displays (SED)

Supplies digital clusters & electronic products from Indian manufacturing plant

Highlights: Operating revenue grew 50.4% for quarter and 49.4% for half year; volatile electronic component costs and lagging customer price revisions remain key challenge; operating EBITDA margin 8.4% for quarter and 8.8% for half year; strong momentum in digital clusters and electronic throttles; complex digital cluster launched with marquee Indian EV motorcycle maker; part of operations moved to new rented premise in Q2 to allow facility rebuild for new business pipeline.

Suprajit Technology Center (STC) Update

  • New STC building expected to be completed during current quarter
  • Supports R&D on digital clusters, throttle grips, actuators, sensors, braking products
  • Entered technology tie-up with Japanese company to manufacture various gear shifters

Division Nomenclature Change

The company announced new division nomenclature:

  • Domestic Cable Division (DCD) → India Cables & Mechatronics (ICM)
  • Suprajit Controls Division (SCD) → Global Cables & Mechatronics (GCM)
  • Phoenix Lamps Division (PLD) → Phoenix Lighting & Electricals (PLE)
  • Suprajit Electronics Division (SED) remains SED but now represents products

Outlook for the Group

  • H1 performance strong despite global turmoil, high commodity prices, inflation, shipping challenges
  • GCM's onshore, nearshore and low-cost supply model driving strong growth, expected to continue in H2
  • ICM's strong OEM growth offsetting slower aftermarket growth; H2 margins expected better than H1
  • PLE's volume ramp-up with largest US retailer and major halogen supplier's insolvency to drive H2 growth and margins
  • SED continues to win new business and ramp up volumes; strong revenue growth expected to continue
  • With STC, Suprajit continues to pursue new alliances while developing technology in-house

Disclaimer

The press release contains forward-looking statements based on current expectations, estimates, and projections that involve risks and uncertainties. The company undertakes no obligation to update any forward-looking statements except as required by applicable law.