Suprajit Engineering financials and balance sheet

NSE: SUPRAJITBSE: 532509Auto ComponentsSmall Cap

₹451.20₹6.95 (1.52%)BSE ₹450.65

Share price at the NSE close on 23 Oct 2026. Previous close ₹458.15.

52-week range of traded prices to 23 Oct 2026

₹389.95Low, 16 Mar 2026₹559.25High, 10 Aug 2026

Next results date: the board meets on 7 Nov 2026 to consider: financial results.

Market cap: ₹6,190 Cr726th largest listed
P/E: 33.1
P/B: 4.3
Dividend yield: 0.78%
ROE: 13.8%
ROCE: 13.0%
Debt to equity: 0.55
Volume, NSE: 75,82053.5% delivered

10 years at a glance

Standalone: the listed company alone, without its subsidiaries. ₹ crore, years to March.Suprajit Engineering annual reports

Revenue, net profit and borrowings, ₹ crore

Revenue
Net profit
Borrowings

Peak revenue ₹1,840 Cr, year to Mar 2026

Operating and net margin, per cent

Operating margin
Net margin

From Apr 2019 leases sit on the balance sheet: rent is charged as depreciation and interest instead, so operating profit and total assets step up with nothing about the business having changed. Borrowings here leave lease liabilities out. Lease payments were 0.1% of operating profit in the first full year.

Results for the year to Mar 2026

Standalone: the listed company alone, without its subsidiaries. ₹ crore.

From revenue to net profit

Revenue1,840
Materials and goods−1,127
Employee costs−270
Other expenses−138
Operating profit305
Depreciation−50
Other income+128
One-off items−1.7
Finance costs−28
Profit before tax354
Tax−79
Net profit275

What the company owns

Plant, investments and other assets₹1,412 Cr
Receivables₹382 Cr
Inventory₹226 Cr
Current investments₹196 Cr
Cash and bank₹10 Cr

What pays for it: net worth and liabilities

Net worth₹1,608 Cr
Borrowings₹360 Cr
Owed to suppliers₹157 Cr
Other liabilities₹101 Cr

Profit and loss

Standalone, ₹ crore, years to March.Suprajit Engineering quarterly results

₹ crore	Mar 2017	Mar 2018	Mar 2019Filed 5 Jun	Mar 2020Filed 13 Jun	Mar 2021Filed 31 May	Mar 2022Filed 3 Jun	Mar 2023Filed 30 May	Mar 2024Filed 31 May	Mar 2025Filed 12 Jun	Mar 2026Filed 25 May
Revenue from operations	631	988	1,058	1,071	1,112	1,271	1,431	1,537	1,718	1,840
	522	815	880	881	932	1,059	1,181	1,261	1,424	1,535
Materials and goods bought	391	599	663	665	702	810	901	946	1,052	1,127
Employee costs	80	125	144	144	155	166	183	207	241	270
Other expenses	51	91	73	73	75	82	97	107	130	138
Operating profit before depreciation	109	173	179	190	181	213	250	276	294	305
Operating margin	17.3%	17.5%	16.9%	17.7%	16.2%	16.7%	17.4%	18.0%	17.1%	16.6%
Materials, % of revenue	61.9%	60.6%	62.6%	62.1%	63.1%	63.7%	62.9%	61.6%	61.2%	61.2%
Employee costs, % of revenue	12.7%	12.7%	13.6%	13.4%	14.0%	13.1%	12.8%	13.5%	14.0%	14.7%
Other expenses, % of revenue	8.1%	9.2%	6.9%	6.8%	6.7%	6.4%	6.8%	7.0%	7.6%	7.5%
Depreciation and amortisation	10	18	20	26	24	27	29	36	45	50
Operating profit after depreciation	99	155	158	164	157	186	220	240	249	255
Other income	18	23	31	25	36	30	44	72	100	128
Finance costs	20	18	15	13	12	10	16	21	25	28
Profit before one-off items and tax	97	159	174	176	181	206	248	290	324	355
One-off items	−4	–	0	−26	0	−41	0	0	0	−2
Profit before tax	94	159	174	150	181	165	248	290	324	354
	30	54	59	26	43	52	61	54	71	79
Current tax	–	–	53	33	43	52	59	49	78	81
Deferred tax	–	–	6	−7	1	1	2	5	−6	−2
Net profit	64	105	115	123	138	112	187	236	253	275
Other comprehensive income	–	–	−1	0	0	0	0	−1	−1	−5
Total comprehensive income	–	–	114	123	138	112	187	235	251	270
Net margin	10.2%	10.6%	10.8%	11.5%	12.4%	8.8%	13.1%	15.4%	14.7%	14.9%

Earlier years, Mar 2008 to Mar 2016

₹ crore	Mar 2008	Mar 2009	Mar 2010	Mar 2011	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016
Revenue from operations	138	163	209	301	379	421	482	522	588
	120	137	168	249	312	348	397	438	489
Materials and goods bought	97	108	133	196	248	270	303	331	364
Employee costs	14	16	21	33	40	47	57	66	73
Other expenses	9	13	14	21	24	31	37	41	53
Operating profit before depreciation	17	26	41	51	67	73	85	84	99
Operating margin	12.7%	16.1%	19.6%	17.0%	17.6%	17.3%	17.7%	16.1%	16.9%
Materials, % of revenue	70.7%	66.3%	63.5%	65.2%	65.6%	64.2%	62.9%	63.4%	61.8%
Employee costs, % of revenue	10.2%	9.6%	10.3%	10.9%	10.6%	11.1%	11.8%	12.6%	12.3%
Other expenses, % of revenue	6.4%	8.0%	6.6%	6.9%	6.2%	7.4%	7.7%	7.9%	8.9%
Depreciation and amortisation	4	4	4	5	5	6	7	7	8
Operating profit after depreciation	14	22	36	46	61	67	78	76	91
Other income	1	2	1	3	2	3	3	4	13
Finance costs	4	6	6	6	9	10	12	14	19
Profit before one-off items and tax	–	18	32	43	55	61	69	66	84
One-off items	–	–	–	–	–	5	–	–	−6
Profit before tax	10	18	32	43	55	66	69	66	78
Tax	5	6	10	12	16	18	22	22	28
Net profit	5	12	22	30	39	47	48	45	50
Net margin	3.5%	7.1%	10.5%	10.1%	10.4%	11.3%	9.9%	8.5%	8.5%

Standalone, ₹ crore, years to March.

Balance sheet

Standalone, ₹ crore, at 31 March.

₹ crore	Mar 2019Filed 5 Jun	Mar 2020Filed 13 Jun	Mar 2021Filed 31 May	Mar 2022Filed 3 Jun	Mar 2023Filed 30 May	Mar 2024Filed 31 May	Mar 2025Filed 12 Jun	Mar 2026Filed 25 May
	701	782	912	941	1,100	1,304	1,381	1,608
Share capital	14	14	14	14	14	14	14	14
Reserves	687	768	898	927	1,086	1,290	1,368	1,594
	151	186	166	212	244	264	345	360
Repayable after a year	25	31	22	11	68	53	37	72
Repayable within a year	127	155	145	202	177	212	307	287
	297	351	378	383	374	419	563	508
Trade payables	110	150	177	137	145	153	177	157
Other financial liabilities	37	31	28	19	21	22	28	34
Other liabilities	9	4	12	11	17	21	21	12
Provisions	5	7	7	8	8	9	11	12
Tax owed	9	4	8	8	7	2	18	6
	55	66	55	41	102	88	68	110
Other financial liabilities	2	6	6	9	8	7	7	8
Other liabilities	1	1	1	1	2	2	1	1
Provisions	5	13	11	5	6	4	6	16
Deferred tax	22	15	16	16	18	23	16	12
Total assets	1,052	1,199	1,345	1,365	1,575	1,811	2,012	2,226
	522	614	563	653	664	834	1,194	1,392
Plant in use, after depreciation	227	250	255	287	320	384	398	436
Plant being built	10	14	3	8	20	5	20	25
Intangible assets	3	2	21	1	0	39	34	28
Goodwill	0	0	0	0	4	0	0	0
Intangible assets being developed	1	1	1	1	–	–	1	2
Investments	252	318	272	195	262	260	391	546
Loans given	4	4	5	144	41	125	325	341
Other financial assets	1	1	2	5	6	6	6	6
Deferred tax	0	2	0	0	0	0	–	0
Other assets	24	23	3	12	10	15	19	7
	531	585	781	712	912	976	819	834
Inventories	134	144	183	186	190	188	215	226
Trade receivables	203	220	273	264	274	300	338	382
Cash and cash equivalents	18	21	33	27	42	30	36	9
Other bank balances	2	2	17	2	7	3	2	2
Current investments	156	179	258	219	387	437	196	196
Loans given	1	1	2	1	1	1	1	1
Other financial assets	2	0	0	2	0	1	11	0
Other assets	15	18	15	11	10	16	20	19
Net debt	−25	−16	−142	−36	−191	−205	111	153

Borrowings are counted again inside the liabilities due within a year and after a year. No balance sheet is on record for the years to Mar 2017 and Mar 2018, so its lines and the ratios worked from it are blank there.

Cash flow

Standalone, ₹ crore, years to March.

₹ crore	Mar 2021Filed 31 May	Mar 2022Filed 3 Jun	Mar 2023Filed 30 May	Mar 2024Filed 31 May	Mar 2025Filed 12 Jun	Mar 2026Filed 25 May
	98	140	206	207	202	165
	137	192	266	268	264	249
	−54	−32	−2	−16	−39	−67
Receivables	−52	8	−11	−27	−38	−32
Inventories	−39	−2	−5	2	−27	−11
Payables	27	−41	8	8	25	−21
Other working capital	10	3	6	0	1	−3
Tax paid	−39	−52	−60	−62	−62	−84
Capital spending	19	45	75	117	72	85
Free cash flow	79	95	131	90	130	79
	−40	−83	−178	−182	−77	−133
Plant and property sold	0	0	0	0	1	1
Companies bought	0	0	0	0	0	0
Interest received	0	0	5	6	11	33
Dividends received	7	7	7	16	34	37
	−47	−62	−14	−36	−120	−59
Borrowings raised	−25	35	32	573	956	1,145
Borrowings repaid	0	0	0	−553	−876	−1,130
Interest paid	−12	−10	−16	−22	−36	−29
Lease payments	0	−1	−1	−1	0	−1
Dividends paid	10	27	28	34	1	44
Shares bought back	0	48	0	0	113	0
Shares issued	0	0	0	0	0	0
Net change in cash	12	−6	14	−12	6	−27

Capital spending is part of cash from investing, and dividends paid, shares bought back and shares issued are part of cash from financing. Each is shown as an amount on a line of its own, and the section's other items are in its total only. No cash flow statement is on record for the years to Mar 2017, Mar 2018, Mar 2019 and Mar 2020.

Standalone, ₹ per share, years to March.Suprajit Engineering dividend history

₹ per share	Mar 2017	Mar 2018	Mar 2019Filed 5 Jun	Mar 2020Filed 13 Jun	Mar 2021Filed 31 May	Mar 2022Filed 3 Jun	Mar 2023Filed 30 May	Mar 2024Filed 31 May	Mar 2025Filed 12 Jun	Mar 2026Filed 25 May
Earnings per share	₹4.89	₹7.48	₹8.21	₹8.82	₹9.86	₹8.11	₹13.50	₹17.05	₹18.33	₹20.01
Diluted earnings per share	₹4.89	₹7.48	₹8.21	₹8.82	₹9.86	₹8.10	₹13.48	₹17.02	₹18.31	₹20.01
Dividend per share	₹1.10	₹1.40	₹1.55	₹1.75	₹1.75	₹2.00	₹2.30	₹2.50	₹3.00	₹3.50
Book value per share	–	–	₹50.12	₹55.88	₹65.17	₹67.97	₹79.47	₹94.14	₹100.72	₹117.22
Dividend payout	22.5%	18.7%	18.9%	19.8%	17.7%	24.6%	17.0%	14.7%	16.3%	17.5%
Shareholder yield	–	–	–	–	0.3%	1.6%	0.6%	0.6%	2.2%	0.8%
Market cap at the year end (₹ crore)	3,158	3,895	3,424	1,575	3,853	4,736	4,772	5,706	5,156	5,488

Ratios

Standalone, years to March.Suprajit Engineering PE ratio and valuation

Ratio	Mar 2017	Mar 2018	Mar 2019Filed 5 Jun	Mar 2020Filed 13 Jun	Mar 2021Filed 31 May	Mar 2022Filed 3 Jun	Mar 2023Filed 30 May	Mar 2024Filed 31 May	Mar 2025Filed 12 Jun	Mar 2026Filed 25 May
Revenue growth	7.4%	56.5%	7.1%	1.2%	3.9%	14.3%	12.6%	7.4%	11.8%	7.1%
Operating profit growth	10.3%	58.1%	3.2%	6.3%	−4.9%	17.8%	17.3%	10.6%	6.7%	3.6%
Net profit growth	28.6%	62.9%	9.7%	7.4%	11.8%	−18.5%	66.1%	26.3%	7.1%	8.7%
Earnings per share growth	–	53.0%	9.8%	7.4%	11.8%	−17.7%	66.5%	26.3%	7.5%	9.2%
	–	–	16.4%	16.6%	16.3%	12.1%	18.3%	19.6%	18.8%	18.4%
	–	–	–	0.3 pts	−0.3 pts	−4.2 pts	6.2 pts	1.3 pts	−0.8 pts	−0.4 pts
From the net margin	–	–	–	1.0 pts	1.3 pts	−4.7 pts	5.8 pts	3.2 pts	−0.8 pts	0.3 pts
From asset turnover	–	–	–	−0.9 pts	−1.4 pts	0.8 pts	0.7 pts	−1.5 pts	−0.2 pts	−0.7 pts
From borrowing	–	–	–	0.2 pts	−0.2 pts	−0.3 pts	−0.3 pts	−0.4 pts	0.2 pts	−0.1 pts
Return on capital employed	–	–	18.6%	16.9%	14.5%	16.1%	16.4%	15.3%	14.4%	13.0%
Cash conversion	–	–	–	–	71.3%	124.1%	110.3%	87.5%	79.9%	60.0%
Interest cover	5.0	8.4	10.4	12.2	13.5	19.4	13.6	11.3	9.8	9.2
Debt to equity	–	–	0.22	0.24	0.18	0.23	0.22	0.20	0.25	0.22
Receivable days	–	–	70	75	90	76	70	71	72	76
Inventory days	–	–	74	79	95	84	77	73	75	73
Payable days	–	–	61	82	92	62	59	59	62	51
Cash conversion cycle, days	–	–	83	72	93	98	88	85	85	98
Working capital days	–	–	64	64	79	81	71	71	70	81
Asset turnover	–	–	1.01	0.95	0.87	0.94	0.97	0.91	0.90	0.87
Assets per rupee of net worth	–	–	1.50	1.52	1.50	1.46	1.44	1.41	1.42	1.42
Sales per rupee of plant	–	–	4.66	4.29	4.35	4.43	4.47	4.00	4.32	4.22
Capital spending to depreciation	–	–	–	–	0.81	1.68	2.57	3.25	1.60	1.70
Plant being built, % of plant in use	–	–	4.6%	5.5%	1.4%	2.8%	6.3%	1.2%	5.0%	5.7%

No balance sheet is on record for the years to Mar 2017 and Mar 2018, so its lines and the ratios worked from it are blank there.

Growth and returns over 3, 5 and 10 years

Standalone: the listed company alone, without its subsidiaries. Each window ends with the year to Mar 2026.

Return on assets, latest year: 13.0%
Cash from operations against operating profit: 54.1%

Measure	10 years	5 years	3 years
Revenue growth, yearly rate	12.1%	10.6%	8.7%
Profit growth, yearly rate	18.6%	14.8%	13.7%
Return on equity, average	–	17.5%	18.9%
Return on capital employed, average	–	15.0%	14.2%
Operating margin, average	17.2%	17.2%	17.2%
Net margin, average	12.2%	13.4%	15.0%
Asset turnover, average	–	0.92	0.89
Cash conversion cycle, days, average	–	91	89
Interest cover, average	11.3	12.7	10.1
Debt to equity, average	–	0.22	0.23

Where the cash came from and went

Standalone: the listed company alone, without its subsidiaries. ₹ crore, added up over each window, which ends with the year to Mar 2026.

₹ crore	5 years	3 years	Latest year
Cash from operations	919	573	165
Cash from investing	−652	−391	−133
Cash from financing	−291	−215	−59
Capital spending	394	274	85
Dividends paid	135	79	44
Shares bought back	161	113	0
Shares issued for cash	0	0	0
Borrowings raised	2,741	2,674	1,145
Borrowings repaid	2,558	2,558	1,130

Accounting checks

Standalone, years to March. Published tests of whether reported profit is backed by cash and the balance sheet.

Check	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Piotroski score, out of 9Published threshold 3 points out of 9	–	–	5	–	–	–	–	–
Altman Z-scorePublished threshold 1.81	8.62	–	–	–	–	–	–	–
Receivables growth less revenue growthOur threshold 0 percentage points	–	7.37	–	–	–	–	–	–
Inventory growth less cost-of-goods growthOur threshold 0 percentage points	–	6.93	–	–	–	–	–	–
Other current assets growth less revenue growthOur threshold 5 per cent of revenue	–	0.12	–	–	–	–	–	–
Assets under construction, years of additionsOur threshold 2 years of additions	–	0.29	–	–	–	–	–	–
Effective tax ratePublished threshold 17.16 per cent	33.97	–	–	–	–	–	–	–

A threshold marked as ours has no published figure; it is the line we read the check against.

Credit ratings

An agency's view of the chance the company repays a borrowing on time, from AAA, the highest, down to D, in default.

Date	Agency	Borrowing rated	Rating	Outlook	Amount, ₹ Cr
16 Jul 2026	CRISIL Ratings Limited (opens in a new tab)	Bank Facilities	Crisil AAReview, Re-affirm	Stable	392.50
16 Jul 2026	CRISIL Ratings Limited (opens in a new tab)	Bank Facilities	Crisil A1+Review, Re-affirm		2.10
16 Jul 2026	ICRA Limited (opens in a new tab)	Fund-based-Cash credit	[ICRA]AAReview, Re-affirm	Stable	342.70
16 Jul 2026	ICRA Limited (opens in a new tab)	Non-fund based-Others	[ICRA]A1+Review, Re-affirm		2.10
16 Jul 2026	ICRA Limited (opens in a new tab)	Unallocated limits-Unallocated limits	[ICRA]AA /[ICRA]A1+Review, Re-affirm	Stable	40.31
16 Jul 2026	ICRA Limited (opens in a new tab)	Fund-based-Term loan	[ICRA]AAReview, Re-affirm	Stable	97.19
9 Feb 2026	India Ratings and Research Private Limited (opens in a new tab)	Bank loan facilities	IND AA; IND A1+Review, Re-affirm	Stable	352.60

The latest rating on each borrowing. The agency's name opens its reasoning for the rating.