About the
Company : Suprajit Engineering is engaged in the business of
manufacturing of auto components consisting mainly of control cables, speedo
cables, auto lamps and other components for automobiles and caters to both
domestic and international markets
Suprajit
Engineering has posted Net
Sales / Revenue of ₹1563 Cr & Net Profit of ₹1314 Cr in FY2020 and
expected to post Net Sales / Revenue of
₹1485 Cr & Net Profit of ₹104 Cr in
FY2021 and Net Sales / Revenue of ₹1856 Cr
& Net Profit of ₹167 Cr in FY2022 .
Whats the Future : Automotive
segment is witnessing a V-shaped recovery in demand.
Valuations : The
Company is now Trading at X 1.90 of its valuations ( last 4Quaters earnings
considered here)at ~90 % premium and at X1.47 of its FY 2021, which
is now almost ~47% Premium to its value and X0.91 of its FY2022 earnings with a
Discount of ~ 9%.
The Fare Value of Equity Per Share
is ₹124.65 for FY2021 and ₹200.16 for FY2022.
Disclaimer : We are
/ may going to take exposure shortly.
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Data
Source | NSE Website | Screener.In | Capital Line |
Money Control |
The author tracks economic, behavioural and corporate
tends, hoping to gauge good avenues of return based on Fundamental Valuations
of Stocks, a follower of EPV method. You
can reach me/us at | Twitter # NiftyNext1 |
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