Financials Suprajit Engineering Limited

Equities

SUPRAJIT

INE399C01030

Auto, Truck & Motorcycle Parts

Delayed Bombay S.E. 02:30:34 2024-04-30 am EDT 5-day change 1st Jan Change
427 INR +1.81% Intraday chart for Suprajit Engineering Limited +1.47% +5.09%

Valuation

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 34,094 15,498 38,521 47,328 47,739 58,071 - -
Enterprise Value (EV) 1 34,821 16,147 37,437 45,975 48,661 58,693 57,865 56,701
P/E ratio 25.5 x 14.9 x 27 x 27.4 x 31.4 x 36.3 x 24.7 x 19.4 x
Yield 0.64% 1.58% 0.64% 0.58% 0.67% 0.66% 0.79% 0.75%
Capitalization / Revenue 2.14 x 0.99 x 2.3 x 2.52 x 1.73 x 2.02 x 1.78 x 1.57 x
EV / Revenue 2.19 x 1.03 x 2.24 x 2.45 x 1.77 x 2.04 x 1.77 x 1.53 x
EV / EBITDA 15 x 7.38 x 15.8 x 17.7 x 15.6 x 18.1 x 13.8 x 11.3 x
EV / FCF 40.6 x 9.78 x 27.6 x 35.7 x 33.1 x 33 x 30.5 x 22.7 x
FCF Yield 2.46% 10.2% 3.62% 2.8% 3.02% 3.03% 3.28% 4.4%
Price to Book 4.4 x 1.82 x 3.89 x 4.37 x 3.9 x 4.35 x 3.86 x 3.33 x
Nbr of stocks (in thousands) 139,872 139,872 139,872 138,385 138,393 138,461 - -
Reference price 2 243.8 110.8 275.4 342.0 345.0 419.4 419.4 419.4
Announcement Date 5/27/19 6/12/20 5/29/21 5/25/22 5/29/23 - - -
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 15,899 15,628 16,744 18,771 27,524 28,790 32,613 37,013
EBITDA 1 2,328 2,187 2,367 2,599 3,126 3,239 4,184 4,998
EBIT 1 1,918 1,606 1,800 2,014 2,172 2,218 3,173 3,874
Operating Margin 12.06% 10.27% 10.75% 10.73% 7.89% 7.7% 9.73% 10.47%
Earnings before Tax (EBT) 1 2,052 1,329 1,943 2,352 2,202 2,241 3,163 4,030
Net income 1 1,338 1,040 1,427 1,731 1,521 1,590 2,383 2,990
Net margin 8.42% 6.65% 8.52% 9.22% 5.53% 5.52% 7.31% 8.08%
EPS 2 9.570 7.430 10.20 12.48 10.98 11.54 16.96 21.62
Free Cash Flow 1 857.8 1,651 1,355 1,289 1,472 1,780 1,896 2,494
FCF margin 5.4% 10.56% 8.09% 6.87% 5.35% 6.18% 5.81% 6.74%
FCF Conversion (EBITDA) 36.85% 75.48% 57.25% 49.61% 47.08% 54.95% 45.32% 49.9%
FCF Conversion (Net income) 64.11% 158.78% 94.97% 74.49% 96.76% 111.95% 79.56% 83.4%
Dividend per Share 2 1.550 1.750 1.750 2.000 2.300 2.757 3.329 3.157
Announcement Date 5/27/19 6/12/20 5/29/21 5/25/22 5/29/23 - - -
1INR in Million2INR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: March 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4
Net sales 1 5,143 5,252 3,616 4,937 4,793 5,127 6,633 7,161 6,921 6,990 6,797 6,998 7,167 7,460
EBITDA 1 863.6 817 492.2 800.6 540.6 765.6 539.6 786.7 809 871 714.9 798 760.6 904.5
EBIT - - - - - - - - - - - - 507 621
Operating Margin - - - - - - - - - - - - 7.07% 8.32%
Earnings before Tax (EBT) 736.4 768.3 528.8 726 446.8 650 423.4 - - - - 557 521 702
Net income 1 516.3 575.1 431.6 495.5 317.2 486.4 273.2 457.5 380.4 410.1 331.2 370.7 385.2 478
Net margin 10.04% 10.95% 11.94% 10.04% 6.62% 9.49% 4.12% 6.39% 5.5% 5.87% 4.87% 5.3% 5.37% 6.41%
EPS 3.690 4.110 3.100 3.580 2.290 3.510 1.970 3.300 2.750 2.960 - - 2.850 3.400
Dividend per Share - - - - - - - - - - - - - -
Announcement Date 2/10/21 5/29/21 8/11/21 11/10/21 2/13/22 5/25/22 8/11/22 11/14/22 2/13/23 5/29/23 8/12/23 - - -
1INR in Million
Estimates

Balance Sheet Analysis

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 727 649 - - 922 623 - -
Net Cash position 1 - - 1,084 1,352 - - 206 1,370
Leverage (Debt/EBITDA) 0.3124 x 0.2969 x - - 0.2949 x 0.1922 x - -
Free Cash Flow 1 858 1,651 1,355 1,289 1,472 1,780 1,896 2,494
ROE (net income / shareholders' equity) 18.7% 15.4% 15.5% 16.7% 13.2% 12.4% 16.5% 18.1%
ROA (Net income/ Total Assets) - - - - - - - -
Assets 1 - - - - - - - -
Book Value Per Share 2 55.40 61.00 70.80 78.30 88.50 96.30 109.0 126.0
Cash Flow per Share - - - - - - - -
Capex 1 590 670 255 527 919 1,367 1,274 1,343
Capex / Sales 3.71% 4.28% 1.52% 2.81% 3.34% 4.75% 3.91% 3.63%
Announcement Date 5/27/19 6/12/20 5/29/21 5/25/22 5/29/23 - - -
1INR in Million2INR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
D-
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
9
Last Close Price
419.4 INR
Average target price
442.2 INR
Spread / Average Target
+5.44%
Consensus
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