Sharekhan's research report on Suprajit Engineering
SCS’s acquisition would be EPS accretive for Suprajit as volumes ramp up and business turns around. SCS would have a revenue potential of Rs 450 crore, while it offers multiple synergy benefits.
Outlook
We maintain BUY with a revised PT of Rs 642 on its long-term growth prospects with healthy traction in the automotive business, continued order wins, and expected revival in the non-auto business. Stock trades at P/E multiple of 23.9x and EV/EBITDA multiple of 13.4x its FY26 estimates.
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