Staff Writer
Bengaluru: Suprajit Engineering Limited on Tuesday reported a 161 per cent jump in consolidated net profit for the fourth quarter of FY26, aided by strong growth in its electronics and cable businesses along with a turnaround in operations of acquired Stahlschmidt Cable Systems entities.<\/p>\n\n\n\n
The company posted consolidated net profit of Rs 71.11 crore for the January-March quarter of FY26 compared with Rs 27.24 crore in the corresponding period last fiscal.<\/p>\n\n\n\n
Consolidated revenue from operations during the quarter rose to Rs 1,041.93 crore from Rs 876.92 crore a year ago.<\/p>\n\n\n\n
The company\u2019s consolidated EBITDA more than doubled to Rs 120 crore in the March quarter from Rs 64.1 crore in the year-ago period, while EBITDA margin expanded to 11.55 per cent from 7.3 per cent.<\/p>\n\n\n\n
Suprajit Engineering said it achieved its highest-ever quarterly revenue of Rs 1,042 crore and quarterly profit before tax of Rs 97.2 crore during the quarter under review.<\/p>\n\n\n\n
On a standalone basis, net profit for the fourth quarter rose 21.2 per cent to Rs 65.99 crore from Rs 54.45 crore in the same quarter last year, while revenue from operations increased to Rs 468.47 crore from Rs 435.16 crore.<\/p>\n\n\n\n
For the full financial year ended March 31, 2026, standalone net profit increased 8.7 per cent to Rs 274.74 crore from Rs 252.73 crore in FY25. Standalone revenue from operations for FY26 stood at Rs 1,839.92 crore compared with Rs 1,718.46 crore in the previous fiscal.<\/p>\n\n\n\n
On a consolidated basis, FY26 net profit nearly doubled to Rs 182.67 crore from Rs 99.26 crore a year earlier, while consolidated revenue from operations rose to Rs 3,824.82 crore from Rs 3,276.95 crore.<\/p>\n\n\n\n
The board recommended a final dividend of Rs 2 per equity share for FY26. Including the interim dividend of Rs 1.50 per share declared earlier, the total dividend for the year stood at Rs 3.50 per share against Rs 3 per share paid in FY25. The aggregate dividend payout for FY26 is estimated at around Rs 48 crore.<\/p>\n\n\n\n
The company recognised an exceptional gain of Rs 5.4 crore during the quarter relating to reversal of impairment provision for investment in Trifa Lamps Germany GmbH following completion of its liquidation.<\/p>\n\n\n\n
Statutory auditors S.R. Batliboi & Associates LLP issued an unmodified opinion on the audited standalone and consolidated financial statements.<\/p>\n\n\n\n
Suprajit Engineering said restructuring initiatives undertaken across Europe and North America had been completed successfully, resulting in SCS entities turning EBITDA positive during the fourth quarter.<\/p>\n\n\n\n
The company said revenue growth in its controls division stood at 15 per cent during the year, while the electronics division posted a 30 per cent increase in fourth-quarter revenue driven by strong demand for digital clusters and electronic throttle control systems.<\/p>\n\n\n\n
Looking ahead, the company projected double-digit revenue growth for FY27 and EBITDA margins in the range of 12-13.5 per cent, including SCS operations.<\/p>\n\n\n\n
Suprajit Engineering also announced restructuring of its divisional nomenclature, with Domestic Cable Division renamed India Cables and Mechatronics (ICM), Suprajit Controls Division renamed Global Cables and Mechatronics (GCM), and Phoenix Lamps Division renamed Phoenix Lighting and Electricals (PLE).<\/p>\n\n\n\n
The company plans capital expenditure of around Rs 200 crore during FY27 towards land acquisition, electronics capacity expansion, a second plant for SAL in Chennai and completion of the new Suprajit Technology Center building in Bengaluru.<\/p>\n","protected":false},"excerpt":{"rendered":"
Staff WriterBengaluru: Suprajit Engineering Limited on Tuesday reported a 161 per cent jump in consolidated net profit for the fourth quarter of FY26, aided by strong growth in its electronics and cable businesses along with a turnaround in operations of acquired Stahlschmidt Cable Systems entities. The company posted consolidated net profit of Rs 71.11 crore […]<\/p>\n","protected":false},"author":1,"featured_media":4310,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"content-type":"","footnotes":""},"categories":[107,1],"tags":[],"class_list":["post-4309","post","type-post","status-publish","format-standard","has-post-thumbnail","category-auto-components","category-news"],"_links":{"self":[{"href":"https:\/\/automobilitymag.com\/index.php\/wp-json\/wp\/v2\/posts\/4309","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/automobilitymag.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/automobilitymag.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/automobilitymag.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/automobilitymag.com\/index.php\/wp-json\/wp\/v2\/comments?post=4309"}],"version-history":[{"count":1,"href":"https:\/\/automobilitymag.com\/index.php\/wp-json\/wp\/v2\/posts\/4309\/revisions"}],"predecessor-version":[{"id":4311,"href":"https:\/\/automobilitymag.com\/index.php\/wp-json\/wp\/v2\/posts\/4309\/revisions\/4311"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/automobilitymag.com\/index.php\/wp-json\/wp\/v2\/media\/4310"}],"wp:attachment":[{"href":"https:\/\/automobilitymag.com\/index.php\/wp-json\/wp\/v2\/media?parent=4309"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/automobilitymag.com\/index.php\/wp-json\/wp\/v2\/categories?post=4309"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/automobilitymag.com\/index.php\/wp-json\/wp\/v2\/tags?post=4309"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}