Suprajit Engineering (532509) Q4 24/25 earnings summary

Executive summary

• Achieved consolidated revenue of INR 33,231.35 million for FY 2025, up from INR 29,557.76 million, with strong export growth from India at 35%.

• Operational EBITDA grew 23% to INR 4,011 million; standalone revenue and EBITDA also saw double-digit growth.

• Board recommended a total dividend of INR 3.00 per share (300%) for FY 2025, up from INR 2.50 (250%) in the previous year; aggregate payout rose to INR 411.48 million.

• Major developments included the SCS acquisition, share buy-back, and new ventures in Japan and China.

• Performance was satisfactory despite global challenges from geopolitical uncertainties and tariff wars.

Financial highlights

• Consolidated revenue grew 7.24% YoY to INR 33,231.35 million; standalone revenue up 11.83% to INR 18,185.59 million.

• Operational EBITDA reached INR 4,011 million, up 23.11% YoY; standalone EBITDA increased to INR 3,241.23 million.

• Standalone net profit for FY25 was INR 2,527.28 million, while consolidated net profit was INR 992.65 million, down from INR 1,672.70 million.

• Total debt stood at INR 6,571 million, with cash and cash equivalents at INR 1,417.68 million as of March 31, 2025.

• Tax expense increased due to mutual fund redemptions and acquisition-related costs.

Outlook and guidance

• Double-digit revenue growth expected for the group (excluding SCS), with EBITDA margin guidance of 12%-14%.

• SCS expected to reach EBITDA positive by Q4 FY 2026; full-year SCS revenue targeted at $40 million.

• CapEx budget set at INR 160 crores for FY 2026; effective tax rate projected at 25%-26%.

• New joint venture with Chuo Spring Company and new subsidiary in China established for future growth.

• Continued focus on integration, cost optimization, and margin improvement across divisions.