Suprajit builds three beyond-cable systems product lines

Suprajit Engineering Limited is building three beyond-cable systems lines, supported by 180+ research-and-development full-time employees, 43 patents filed and 14 granted at its technology centre. The lines extend cable applications into braking and brake release, sensors, electronics and displays, and electro-mechanical actuation, with named customers already in production.

What is Suprajit’s beyond-cable strategy?

Suprajit’s beyond-cable strategy is to move from individual mechanical cables towards customer actuation systems in three product areas: braking and brake release, sensors, electronics and displays, and electro-mechanical actuation. Suprajit Technology Center, or STC, is described as the unit driving divisions from cables towards customer actuation through products that enhance or replace existing products.

The product mapping shows how the three lines build on established applications. Brake cables are being extended into complete braking and brake-release systems, while speedometer cables are being extended into digital clusters and throttle cables into eThrottle products and sensors. Seat, steering and fuel- or charger-lid cables are being extended into latches and motor- or solenoid-based actuators.

The revised division structure separates the cable-and-mechatronics operations by market. India Cables & Mechatronics, or ICM, serves customers in India or manufacturing in India, while Global Cables & Mechatronics, or GCM, serves customers outside India. Both divisions cover control cables, mechanical systems including latches and levers, and cable-based electro-mechanical actuators.

Sensors, Electronics & Displays, or SED, covers proprietary displays, sensors, actuators and other electronics for global customers. Phoenix Lighting & Electricals, or PLE, retains a core halogen range while adding stop and tail lamps, light-emitting-diode drop-in products and other lighting and electrical products. STC supports all divisions with intellectual property and expertise in braking, actuators, sensors, electricals and displays.

How is Suprajit developing the new systems?

Suprajit is developing the new systems through STC, which has more than 180 full-time research-and-development employees, 43 patents filed and 14 patents successfully granted. The company says its owned technologies have no market restriction, allowing products developed in India to be deployed through its global operations.

STC’s disclosed engineering resources cover 59+ full-time employees in mechanical system design, 41+ in digital clusters, printed circuit boards and control software, and 15+ in magnetic and mechatronic design. A further 75+ control-cable and application engineers provide customer support globally, linking the existing cable business with system-level product development.

The new STC building in Bangalore was under construction, with completion expected during the current quarter stated in the presentation. Suprajit says the building is intended to house a larger STC team, while the centre supports development in digital clusters, throttle grips, actuators, sensors and braking products.

Technology partnerships are another development route. Suprajit disclosed a tie-up with a Japanese company to manufacture gear shifters, intended to pair with its existing shifter-cable partnership. Management also identified an Italy-based anti-lock braking system, or ABS, startup, Bulbrake, as a technology partner for India, China, Brazil and South-East Asia.

Which beyond-cable products are already in production?

Suprajit’s sensors, electronics and displays line is in production for digital clusters and throttle-related components, manufactured at SED in India. The listed products include thin-film transistor displays, PMVA colour liquid-crystal displays, liquid-crystal display screens with stepper motors, throttle-position sensors with switch cubes, rotary throttle sensors and electronic foot throttles.

The production-customer list for this line includes Ultraviolette Automotive, MTD, Escorts, VST Tillers Tractors, Bad Boy, Toro, John Deere, TVS, Mahindra Last Mile Mobility, Ampere and Ola Electric. The list spans two-wheelers, agricultural equipment, garden equipment and last-mile mobility, rather than one vehicle segment.

Suprajit’s electro-mechanical actuation systems are in production with Volvo, Ford, GM, Jaguar Land Rover, TVS, Ola Electric, Ather, Stellantis and Honda. Products include seat tumble-and-fold actuators for four-wheelers, seat-fold and seat-latch actuators for two-wheelers, fuel-lid actuators, headrest-fold actuators, electro-mechanical clutches, charging-gun-lock actuators and steering-lock actuators. Manufacturing is assigned to GCM and SED.

The braking and brake-release line includes levers and combined braking systems, friction materials such as brake shoes and brake pads, parking-brake systems, railway and metro brake-release systems, and ABS products through partner bluBrake. Its production customers include Kubota, Alstom, Bombardier, John Deere, TVS, Honda, Ola Electric, Ampere, Ather, Simple and Quantum EV. Manufacturing is listed at ICM and GCM, including U9 and Wescon, in India and the United States.

How does Suprajit’s structure support the strategy?

Suprajit’s operating structure combines an India-focused ICM division, a global GCM division and SED electronics manufacturing with STC product development. ICM includes 12 plants in India, while GCM has automotive and non-automotive operations in India, the United States, the United Kingdom, Slovenia, Hungary, China, Germany, Canada and Morocco.

The systems lines broaden the functions served by the cable portfolio. Suprajit identifies more than 20 cable applications in a car, including doors, seats, fuel or charge lids, hoods, parking brakes, heating, ventilation and air-conditioning controls, and windows. Its move into latches and actuators therefore addresses several existing cable locations, while digital clusters and throttle sensors address functions previously served by speedometer and throttle cables.

Management distinguishes organic technology development from acquisitions. The organic programme centres on actuation, electronics and sensors, and braking and brake release, while the inorganic strategy has included eight acquisitions. Suprajit says those acquisitions have primarily added control-cable businesses outside India for customer reach and scale, alongside specific technology leaders in India.

Management does not provide a five-year revenue forecast, citing uncertainty in global and Indian markets. It states a target to grow consolidated business by 5% to 10% more than five-year average global industry growth while maintaining double-digit margins. That is management’s group-level target, not a separately quantified forecast for the three beyond-cable lines.

Conclusion

Suprajit’s strategy extends established cable applications into three system categories rather than replacing the cable business outright. STC supplies the research base, with 180+ full-time employees and 43 patent filings, while ICM, GCM and SED provide identified production routes for braking, electronics and actuation products already supplied to named customers.

The next disclosed milestone is completion of the Bangalore STC building during the current quarter and the larger team it is designed to house. Investors can also watch progress on the Japanese gear-shifter tie-up and the Bulbrake ABS partnership, alongside management’s stated target of growing consolidated business by 5% to 10% above five-year average global industry growth.