Suprajit Engineering Share Price: Suprajit Engineering Limited is a major player in the auto parts industry, operating under the Consumer Cyclical sector and listed on both the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE).
This analysis provides an in-depth discussion of Suprajit’s share price targets for 2024, 2025, 2026 and beyond, including forecasts up to 2030. Our forecasts are based on technical analysis and historical performance trends using advanced forecasting methods.
Suprajit Engineering has established itself as a major player in the market, driven by a consistent growth trajectory and strong business fundamentals. In this post, we will explore the company’s market position, evaluate its shareholders and assess the potential impact of industry and market dynamics on its long-term share price projections.
Suprajit Engineering Company Overview
| Company Name | Suprajit Engineering Ltd. |
| Founded | 1985 |
| Headquarters | Karnataka, Bengaluru |
| Industry | Automotive and Halogen bulb |
| Owner | Ajith Kumar Rai |
| Stock Exchange Listing | NSE & BSE |
| Official Website | suprajit.com |
Suprajit Engineering Fundamental Analysis
| Metric | Value |
|---|---|
| Market Cap | ₹6,839.76 Cr. |
| ROE | 19.82% |
| ROCE | 21.40% |
| P/E | 25.92 |
| P/B | 5.34 |
| Div. Yield | 0.5% |
| Book Value | ₹93.52 |
| Face Value | ₹1 |
| EPS (TTM) | ₹19.25 |
| 52 Week High | ₹639.95 |
| 52 Week Low | ₹357.30 |
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Suprajit Engineering Financials
Income Statement
| (INR) | 2024 | Y/Y CHANGE |
|---|---|---|
| Revenue | 28.96B | 5.21% |
| Operating Expense | 9.29B | 6.65% |
| Net Income | 1.67B | 9.97% |
| Net Profit Margin | 5.78 | 4.52% |
| Earnings per Share | 12.06 | 9.84% |
| EBITDA | 2.99B | 2.74% |
| Effective Tax Rate | 26.56% | — |
Balance Sheet
| (INR) | 2024 | Y/Y Change |
|---|---|---|
| Cash and short-term investments | 6.28B | 14.91% |
| Total assets | 25.79B | 5.95% |
| Total liabilities | 12.17B | 0.60% |
| Total equity | 13.62B | — |
| Shares outstanding | 138.46M | — |
| Price to book | 4.95 | — |
| Return on assets | 5.50% | — |
| Return on Capital | 6.88% | — |
Cash Flow
| (INR) | 2024 | Y/Y Change |
|---|---|---|
| Net income | 1.67B | 9.97% |
| Cash from operations | 2.49B | 4.24% |
| Cash from investing | -1.12B | 80.67% |
| Cash from financing | -1.22B | -154.54% |
| Net change in cash | 154.21M | 117.94% |
| Free cash flow | 1.29B | 323.28% |
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Suprajit Engineering Share Price Target From 2024 to 2030
| Year | Target Price |
|---|---|
| Suprajit Engineering Share Price Target 2024 | ₹515 |
| Suprajit Engineering Share Price Target 2025 | ₹713 |
| Suprajit Engineering Share Price Target 2026 | ₹980 |
| Suprajit Engineering Share Price Target 2027 | ₹1206 |
| Suprajit Engineering Share Price Target 2028 | ₹1584 |
| Suprajit Engineering Share Price Target 2029 | ₹1997 |
| Suprajit Engineering Share Price Target 2030 | ₹2410 |
Suprajit Engineering Shareholding Pattern
- Retail & Other: 31.85%
- Promoters: 44.64%
- Foreign Institution: 6.30%
- Mutual Funds: 16.90%
- Other Domestic Institutions: 0.31%
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Suprajit Engineering Competitors/Peer Companies
- Sona BLW Precision
- Samvardhana Motherson
- Sundram Fasteners
- Endurance Technologies
- JBM Auto
- ZF Commercial
- Sansera Engineering
- Craftsman Automation
- Varroc Engineering
- ASK Automotive
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FAQs
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Is Suprajit Engineering a good buy?
Yes.
Disclaimer: The information in this blog is for educational purposes only, and the targets mentioned in it are given as suggestions by market analysts. Therefore, before investing your money in any company, it is mandatory to get complete information about the company and consult your financial advisor.
