Suprajit Engineering Ltd
About
Suprajit Engineering Limited, established on May 24, 1985, is India’s largest mechanical control cable manufacturer and the world’s largest supplier for two-wheeler cables. Founded by Ajith Rai, who serves as Executive Chairman, the company is headquartered in Bangalore, Karnataka.With manufacturing facilities in India, the UK, the US, Mexico, and China, Suprajit offers globally competitive product development and manufacturing solutions. The company operates through its subsidiaries, including Suprajit Engineering Limited (Phoenix Lamps), Suprajit Automotive Limited, Suprajit Europe Limited, Wescon Controls LLC, Suprajit Mexico, Suprajit Hungary, and Suprajit Inc USA, serving both domestic and international customers.Suprajit has entered the non-automotive cables and controls market with the acquisition of Wescon Controls Inc. (USA) in 2015. Additionally, it diversified into automotive lighting with the acquisition of Phoenix Lamps Limited in 2014.
Featured In Fortune India Ranking
Financial Data 2024
Financial Data
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (INR Cr) | 2944 5.4% | 2793 46.5% | 1907 13.0% | 1688 6.9% | 1579 -4.5% | 1654 14.4% | 1446 18.6% | 1219 26.5% | 964 55.8% | 619 10.1% | 562 17.8% | 477 11.0% | 430 20.3% | 357 45.1% | 246 17.7% | 209 - |
| Net Operating Income (INR Cr) | 2896 5.21% | 2752 49.55% | 1840 12.17% | 1641 4.99% | 1563 -1.70% | 1590 11.10% | 1431 18.97% | 1203 26.28% | 953 55.69% | 612 12.21% | 545 17.88% | 463 9.15% | 424 22.22% | 347 39.53% | 248 20.30% | 207 14.83% |
| Profit (INR Cr) | 167 10.0% | 152 -12.1% | 173 21.3% | 143 37.3% | 104 -22.3% | 134 -3.4% | 138 21.8% | 114 58.1% | 72 43.1% | 50 -1.0% | 51 7.8% | 47 18.4% | 40 21.6% | 33 47.7% | 22 145.0% | 9 - |
| Assets (INR Cr) | 2081 6.3% | 1958 36.8% | 1431 5.8% | 1353 7.0% | 1264 10.2% | 1147 13.3% | 1012 10.8% | 914 12.9% | 809 84.4% | 439 20.5% | 364 29.8% | 281 31.2% | 214 30.1% | 164 24.6% | 132 20.4% | 110 - |
| Net Worth (INR Cr) | 1362 11.3% | 1224 13.0% | 1084 9.5% | 990 15.9% | 854 10.2% | 775 18.4% | 655 24.9% | 524 17.1% | 448 85.9% | 241 17.6% | 205 22.8% | 167 29.1% | 129 33.3% | 97 38.0% | 70 28.7% | 55 10.2% |
| Employee Cost (INR Cr) | 621 8.1% | 574 70.8% | 336 9.1% | 308 5.4% | 293 -3.6% | 304 18.3% | 257 29.5% | 198 58.1% | 125 1799.7% | 7 -90.6% | 70 1518.9% | 4 -91.1% | 49 17.4% | 41 42.8% | 29 18.4% | 25 - |
| Interest Cost (INR Cr) | 51 | 36 | 15 | 19 | 23 | 25 | 27 | 31 | 26 | 17 | 14 | 11 | 10 | 7 | 6 | 7 |
| Cash & Bank Balance (INR Cr) | 119 | 107 | 188 | 94 | 64 | 47 | 32 | 22 | 19 | 6 | 8 | 8 | 3 | 3 | 1 | 1 |
| Total Debt (INR Cr) | 708 | 718 | 337 | 346 | 391 | 362 | 345 | 378 | 298 | 194 | 156 | 112 | 83 | 66 | 62 | 55 |
Key Financial Ratios
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profit As % Of Revenues | 5.7% | 5.5% | 9.1% | 8.5% | 6.6% | 8.1% | 9.6% | 9.3% | 7.5% | 8.1% | 9.0% | 9.9% | 9.3% | 9.2% | 9.0% | 4.3% |
| Profit As % Of Assets | 8.0% | 7.8% | 12.1% | 10.6% | 8.2% | 11.7% | 13.7% | 12.4% | 8.9% | 11.5% | 14.0% | 16.8% | 18.6% | 19.9% | 16.8% | 8.3% |
| Profit As % Of Networth | 12.3% | 12.4% | 16.0% | 14.4% | 12.2% | 17.3% | 21.2% | 21.7% | 16.1% | 20.9% | 24.8% | 28.3% | 30.8% | 33.8% | 31.6% | 16.6% |
| Interest Cost to EBITDA % | 15.9% | 11.4% | 5.9% | 8.1% | 11.9% | 10.6% | 11.5% | 15.4% | 17.5% | 17.6% | 15.1% | 13.9% | 14.2% | 13.1% | 13.6% | 22.8% |
| Debt to Equity Ratio | 0.52 | 0.59 | 0.31 | 0.35 | 0.46 | 0.47 | 0.53 | 0.72 | 0.67 | 0.80 | 0.76 | 0.67 | 0.64 | 0.68 | 0.88 | 1.01 |
| RONW | 12.9% | 13.2% | 16.7% | 15.5% | 15.0% | 18.7% | 23.5% | 23.4% | 23.3% | 22.6% | 27.4% | 28.5% | 35.2% | 39.8% | 35.5% | 17.4% |
| ROCE | 13.8% | 15.1% | 17.9% | 16.3% | 15.2% | 21.3% | 22.9% | 23.3% | 25.1% | 22.8% | 27.4% | 28.6% | 34.2% | 36.5% | 32.4% | 20.0% |