Rationale

Material Event

 Supertron Electronics Private Limited (SEPL) has shared its FY2024 audited financials on December 3, 2024. The operating income of the company stood at around Rs. 6,730 crore in FY2024 as against around Rs. 5,182 crore in FY2023, registering a YoY growth of around 30%. The company reported a marginal dip in the operating and net margin to 2.6% (~3.0% in FY2023) and 1.4% (~1.6% in FY2023) respectively in FY2024. However, at an absolute level the operating profit was higher at ~Rs. 174 crore vis-à-vis ~Rs. 154 crore in FY2023.