Suprajit Engineering Limited (SUPRAJIT.NS) Valuation

Valuation

Model-based estimates, not advice. The DCF is the discounted-cash-flow value per share; compare it with the price, not as a target.

DCF fair value

+72.1%

₹816.08

vs ₹474.25 price

Levered DCF

₹1,127.36

After debt service

Piotroski score

4 / 9

Average

Altman Z-score

—

Rating

C+

Overall 2 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
P/E	30.06×	52.76×	34.66×	31.37×	27.4×	27.01×	15.15×	25.1×
P/B	3.82×	4.06×	4.26×	3.9×	4.37×	3.89×	1.84×	4.34×
P/S	1.44×	1.59×	2×	1.73×	2.59×	2.36×	1.01×	2.12×
EV / EBITDA	12.64×	15.46×	16.7×	15.42×	15.94×	15.48×	8.99×	13.58×
Gross margin	16.6%	17.3%	39.7%	41.3%	41.1%	41.6%	41.1%	42.2%
Operating margin	6.4%	6.5%	18.0%	8.1%	10.9%	11.3%	10.6%	12.5%
Net margin	4.8%	3.0%	5.8%	5.5%	9.5%	8.7%	6.7%	8.5%
Current ratio	1.45×	1.45×	1.87×	1.92×	2.02×	1.76×	1.47×	1.65×
Debt / equity	0.69×	0.64×	0.52×	0.59×	0.31×	0.35×	0.46×	0.47×
Interest coverage	3.87×	3.5×	10.15×	6.57×	15.04×	12.23×	7.88×	8.06×
Dividend yield	0.8%	0.7%	0.5%	0.6%	0.6%	0.3%	2.8%	0.6%
Payout ratio	24.3%	36.4%	18.6%	18.7%	15.9%	7.3%	42.0%	15.5%

Key metrics by fiscal year

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	12.7%	7.8%	12.3%	12.4%	16.0%	14.4%	12.2%	17.3%
Return on invested capital	6.1%	4.9%	18.0%	7.6%	9.8%	9.7%	9.7%	10.8%
Return on assets	5.8%	3.6%	6.5%	6.2%	10.0%	8.3%	6.6%	9.2%
Free cash flow yield	-0.2%	0.3%	2.7%	3.1%	2.7%	3.5%	10.5%	2.6%
Earnings yield	3.3%	1.9%	2.9%	3.2%	3.7%	3.7%	6.6%	4.0%
Enterprise value	₹63.8B	₹58.7B	₹63.9B	₹53.9B	₹48.9B	₹41.2B	₹19B	₹36.8B
Net debt / EBITDA	1.76×	1.76×	1.55×	1.77×	0.49×	1.01×	1.55×	1.17×
Cash conversion cycle (days)	101	88	105	104	110	100	91	107