Suprajit Engineering

CMP: 33

Suprajit Engineering Limited manufactures a complete range of liner, non-liner, and push pull cables for two wheelers, cars as well as light and heavy commercial vehicles and a range of automotive and non automotive applications.

Suprajit Engineering is a decent bet in small-cap space trading at a P/E of 9 with dividend yields of well over 2% in the last 12 months. It runs at a debt of 87 Crores with 5 Crores cash in hand. Revenues have risen from 183 Crores to 418 Crores in the last 5 years. Profits have risen from 11 Crores to 47 Crores in the last 5 years. Profit margins have risen from 6% to 11% in the last 5 years. Buy and hold for long term gains.