Company Overview

Suprajit Engineering Limited (BSE: 532509, NSE: SUPRAJIT) reported strong financial performance for FY 2025-26 with 11% year-on-year consolidated revenue growth to ₹38,248.23 million. The company filed its annual report with BSE and NSE on August 20, 2026, in compliance with SEBI Listing Regulations.

Financial Performance

Standalone Results: Revenue from operations reached ₹18,399.25 million (7.07% growth YoY), with profit after tax of ₹2,747.43 million and earnings per share of ₹20.01.

Consolidated Results: The group achieved revenue of ₹38,248.23 million with net profit of ₹1,826.73 million and EPS of ₹13.31. Key balance sheet items included property, plant & equipment of ₹6,547.94 million, goodwill of ₹1,580.11 million from acquisitions, and cash equivalents of ₹1,000.10 million.

Dividend Declaration

The board declared an interim dividend of ₹1.50 per share (already paid) and recommended a final dividend of ₹2.00 per share, bringing the total dividend for FY26 to ₹3.50 per share (350%). The record date for the final dividend is set for September 1, 2026, subject to shareholder approval at the 41st AGM on September 12, 2026.

Corporate Restructuring & Acquisitions

The company completed a major global restructuring following acquisitions of LDC and SCS entities, including plant relocations from Juarez to Matamoros, Canada operations, warehouse from Germany to Hungary, and closure of Poland plant with operations moved to Morocco. Divisions were renamed: SCD to GCM (Global Cables & Mechatronics), DCD to ICM (India Cables and Mechatronics), SED to Sensors, Electronics and Displays, and PLD to PLE (Phoenix Lighting and Electricals).

The second stage acquisition of Stahlschmidt Cable Systems was completed on May 31, 2025, for ₹304 million, recognizing a capital reserve of ₹247.31 million. The total SCS acquisition cost was ₹1,240 million including the first stage completed in July 2024.

Exceptional Items & Labor Impact

FY26 results included a ₹78.15 million exceptional item for gratuity obligations due to the impact of new labor codes (Central/State Rules). The net gratuity liability recognized stood at ₹199.24 million, with the company continuing to monitor finalization of labor code regulations.

Operational Performance

  • Global Cables & Mechatronics (GCM): Grew by 25% including acquired revenues, with operational turnaround substantially complete
  • India Operations: Revenue growth of 9.2% with operational EBITDA at 16.2%
  • Phoenix Lighting: Faced challenges with 3% revenue decline, EBITDA margin at 12.5%
  • Electronics Division: Sales grew by 21.2% with EBITDA margins improved to 10.6%

Capital Structure & Subsidiaries

The company maintained authorized share capital of ₹850 million and paid-up capital of ₹137.17 million. Credit ratings remained strong at CRISIL AA/Stable, ICRA AA/Stable, and India Ratings AA/Stable. The group has 15 wholly-owned subsidiaries including Suprajit Automotive Private Limited, Suprajit USA Inc, and various international operations.

Forward Outlook

Management expects double-digit consolidated revenue growth in FY27 with EBITDA margins projected to improve to 12-13.5%. Capital expenditure of approximately ₹2,000 million has been approved for FY27 to support continued growth and operational improvements.

Regulatory Compliance & Governance

The annual report was filed in compliance with SEBI Listing Regulations, with the 41st AGM scheduled for September 12, 2026. The board comprises 8 directors including 4 independent directors, with all applicable committees functional and an unmodified audit opinion from statutory auditors S.R. Batliboi & Associates LLP.