SANSERA ENGINEERING LTD

Manufactures precision-engineered components for automotive and aerospace applications, with growing presence in semiconductors and defense. The core automotive business supplies components to ICE vehicle OEMs, while the ADS (Aerospace, Defense, Semiconductors) segment is the fastest-growing line, with product sales reaching INR3,155 million in FY26, up 155% year-on-year. The non-auto and xEV businesses combined represent 30-32% of revenue versus a 40% medium-term target, with xEV components including an energy storage program with a North American EV customer expected to add INR80-100 crore annually. ADS work includes engine blisk machining, making it the first domestic Indian player, with customers including Boeing, Airbus, and a new engine OEM, backed by a confirmed order backlog of INR4,500 crore and a cumulative 5-year unexecuted order book of INR44.6 billion. Materials account for the largest cost share at 43% of revenue, followed by other operating expenses at 26.4% and employee costs at 14%. FY26 capital expenditure was INR5,097 million, with INR250 crore of incremental ADS capex announced for FY27.