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SUPRAJIT

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About

SUPRAJIT

SUPRAJIT

Auto Ancillary

332.5

0.00 (0.00%)

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Market Cap4,568 CrEPS12.3High347
Stock P/E26.9Net Profit Margin6.4Low331.35
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About the Company

Suprajit Engineering Ltd (SEL) was incorporated on May 24, 1985 as a private limited company and was converted into public limited company on June 15, 1995. Suprajit started manufacturing high quality liner cables exacting Japanese standards for the automotive industry in 1987. It is today India’s most preferred manufacturer of cables and instruments and meets the demand of virtually every major OEM in the automotive sector. It is a customer centric company, ready to take on challenging product development and manufacturing to international specifications for a wide range of automotive cables and instruments. Today catering to a wide spectrum of automotive and non-automotive cable requirements Suprajit has achieved a phenomenal growth, making it India's largest manufacturer of automotive cables.

It has one of the largest manufacturing capacities for any one company in a specific country in the world. Suprajit is committed to being a world class organization, supplying cables and components to overseas and domestic customers in automobile and non-automobile sectors. With ISO/TS 169 49 2002 certifications, Suprajit practices a philosophy of continuous improvement and adopts processes that ensures fool proof & defect free manufacturing. Suprajit also seamlessly and efficiently satisfies its customer needs by optimizing production cycles. In 2011 - Gills Cables Limited was renamed as Suprajit Europe Ltd.

Business area of the company

The Company is engaged in the business of manufacturing and selling of automotive and other components and that are considered as single segment.

Products

  • Motion Control Solutions
  • Control Cable Systems
  • Push-Pull Assemblies
  • Brake Cable and Lever Systems
  • Rotary Push-Pull Lever Control Systems
  • Gear Shifter Mechanism and Cable
  • Joysticks & Remote Valve Control Systems
  • Commercial Controls

Awards

2017-18

  • Volkswagen - ‘A’ Grade Supplier Award, Quality Performance Award.
  • Honda Motor Cycles and Scooters – Quality and Delivery Achievement Award.
  • General Motors - Supplier Quality Excellence Award (3 years in a row).
  • John Deere - Accelerated Global Sourcing Award.
  • Brose Key Supplier Award.
  • Bajaj Auto Limited - TPM Excellence Award.
  • Tata Motors - Green Card for ‘0’ PPM.
  • Hero MotoCorp Limited - Direct Online Supply (DOL) Award.
  • Bajaj Auto Limited - Quality Consistency Gold Award.
  • Yamaha - Cost Reduction & VA/VE activity award.
  • TVS, Bajaj and Mahindra - various Awards.
  • KSFC: Entrepreneur of the year for the promoter.
  • CNBC/ICICI/CRISIL: SME of the year Auto Ancillary of the year.
  • NASSCOM: Best IT user Award in Automotive Sector.
  • KSFC: Outstanding Enterprise of the State.
  • BMA - Entrepreneur of the year.

2018-19

  • Volkswagen - Grade Supplier Award, Quality Performance Award
  • Honda Motor Cycles and Scooters -Quality and Delivery Achievement Award
  • General Motors - Supplier Quality Excellence Award (3 years in a row)
  • John Deere - Accelerated Global Sourcing Award
  • Brose Key Supplier Award
  • Bajaj Auto Limited - TPM Excellence Award Tata Motors - Green Card for '0' PPM
  • Hero MotoCorp Limited -Direct Online Supply (DOL) Award
  • Bajaj Auto Limited - Quality Consistency Gold Award
  • Yamaha - Cost Reduction & VA/VE Activity Award A grade excellence Award
  • TVS. Bajaj and Mahindra - various Awards
  • Best Delivery and Quality Supplier of the Year - AISIN Group

2019-20

  • Volkswagen -'A' Grade Supplier Award, Quality Performance Award
  • Honda Motor Cycles and Scooters - Quality and Delivery Achievement Award
  • General Motors -Supplier Quality Excellence Award (3 years in a row)
  • John Deere - Accelerated Global Sourcing Award
  • Brose Key Supplier Award
  • Bajaj Auto Limited - TPM Excellence Award
  • Tata Motors -Green Card for '0' PPM
  • Hero MotoCorp Limited -Direct Online Supply (DOL) Award
  • Bajaj Auto Limited -Quality Consistency Gold Award
  • Yamaha - Cost Reduction & VA/VE activity award
  • A grade excellence Award
  • TVS, Bajaj and Mahindra -various Awards

Milestones

1985:

  • Commencement of operations

1985-95:

  • Two new cable plants in Bangalore

1996-2005:

  • Listing of shares on BSE and NSE
  • India’s largest cable maker
  • Acquisition of Shah Concabs -4W cable competitor
  • Plants in Bangalore, Manesar and Chakan
  • Enterprise by State award by KSFC

2006-2010:

  • New plants in Pantnagar, Haridwar and Manesar
  • 100% EOU for non-automotive cables in Bangalore
  • Acquisition of CTP Gills Cables, one of the oldest cable companies with marquee global customers - now renamed as Suprajit Europe.

2011-2020:

  • Consolidating position as established global mechanical cable maker; diversifying and de-risking revenue profile
  • New plant at SAL, Banglore and Pathredi.
  • Acquisition of Speedo cable business (4W business) of Pricol
  • Acquisition of Wescon Controls, Wichita, USA
  • Launched two new plants in Chennai and Sanand
  • Launched Capex of Rs 100 crore to expand cable capacity to 300 million with 2 new plants
  • Acquisition of Osram Kamai Plant (Halogen Bulbs division)
Parent OrganisationSuprajit Engineering Ltd.Managing DirectorMohan NS
Founded1985NSE SymbolSUPRAJIT