NSE: SANSERA · BSE: 543358
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. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Automotive (ICE) components, ADS (Aerospace, Defense, Semiconductors), xEV and non-auto (31%), Energy storage. Asset-heavy precision engineering with cyclical auto OEM base and growing aerospace, defense and semiconductor diversification
Exhibit 1: Financial summary, FY22–FY26 (all audited; no estimate years)
| ₹ crore · consolidated | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 1,989 | 2,338 | 2,811 | 3,017 | 3,498 |
| EBITDA (ex other income) | 334 | 377 | 480 | 515 | 616 |
| margin % | 16.8 | 16.1 | 17.1 | 17.1 | 17.6 |
| Owners' profit | 130 | 146 | 186 | 215 | 324 |
| EPS, as reported (₹) | 25.27 | 27.74 | 34.83 | 37.41 | 52.09 |
| ROE % · ROCE % | 12.7 · 15.5 | 12.6 · 16.1 | 13.8 · 18.3 | 7.8 · 11.4 | 10.5 · 13.6 |
| Debt / equity (x) | 0.62 | 0.60 | 0.59 | 0.11 | 0.15 |
| Cash from operations | 213 | 256 | 374 | 377 | 656 |
| Capex | (267) | (242) | (336) | (591) | (511) |
Exhibit 2: Quarterly performance, last 8 quarters
| ₹ crore | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 763 | 728 | 782 | 766 | 825 | 908 | 999 | 1,021 |
| Profit before tax | 71 | 71 | 80 | 86 | 96 | 97 | 153 | 119 |
| Net profit | 52 | 56 | 59 | 63 | 71 | 69 | 123 | 87 |
| EPS (₹) | 9.38 | 9.19 | 9.57 | 10.05 | 11.56 | 11.05 | 19.51 | 13.89 |
Exhibit 3: Peers — basic industry group, by market cap
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| SAMVRDHNA MTHRSN INTL LTD | 1,66,707 | 38.1 | 3.82 | 14.8 | 9.4 | 8.2 | 17.1 | 9.0 |
| BOSCH LIMITED | 1,34,520 | 56.9 | 9.06 | 33.0 | 18.7 | 24.1 | 15.6 | 17.9 |
| BHARAT FORGE LTD | 84,295 | 119.4 | 8.82 | 30.4 | 11.4 | 13.2 | 21.6 | 8.8 |
| UNO MINDA LIMITED | 62,653 | 52.0 | 8.63 | 28.8 | 17.7 | 15.7 | 25.3 | 10.4 |
| SCHAEFFLER INDIA LIMITED | 57,518 | 45.9 | 9.36 | — | 10.4 | 14.1 | — | 19.4 |
| SONA BLW PRECISION FRGS L | 52,988 | 76.1 | 8.64 | 46.0 | 10.3 | 12.9 | — | 25.1 |
| TUBE INVEST OF INDIA LTD | 40,753 | 67.2 | 2.87 | 15.8 | 7.9 | 12.4 | 30.3 | 10.6 |
| ENDURANCE TECHNO. LTD. | 32,042 | 33.0 | 4.68 | 15.7 | 13.9 | 15.6 | 17.4 | 13.2 |
Exhibit 4: Where the company sits in its group
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 76.6 | 25.0 | 109 of 119 | 9% |
| P/B | 8.6 | 3.3 | 103 of 117 | 12% |
| ROCE | 12.5 | 12.6 | 64 of 125 | 49% |
| ROE | 10.5 | 11.7 | 67 of 117 | 43% |
| Debt / Equity | 0.1 | 0.3 | 47 of 117 | 60% |
| EBITDA margin | 18.9 | 12.2 | 21 of 118 | 83% |
| Revenue growth | 33.3 | 20.2 | 21 of 113 | 82% |
| Profit growth | 38.7 | 24.4 | 44 of 115 | 62% |
| Market cap | 26772 | 1455 | 11 of 126 | 92% |
Exhibit 5: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | Next day % | 5-day % |
|---|---|---|---|---|
| 27 Oct 2026 · No deviation in use of Rs 1,200 crore share issue funds | compliance | minimal | — | — |
| 8 Oct 2026 · Quarterly RTA certificate on dematerialisation of securities filed | compliance | minimal | — | — |
| 1 Oct 2026 · Sansera Engineering grants 27,500 stock options under ESOP 2018 | capital market events | low | — | — |
| 24 Sept 2026 · AGM results: all 10 resolutions passed, dividend of Rs 4 declared | board shareholder meetings | low | — | — |
| 24 Sept 2026 · 44th AGM held; dividend of Rs 4 per share declared, director changes approved | board shareholder meetings | low | — | — |
| 22 Sept 2026 · Sansera allots 14,189 shares under ESOP 2018 | capital market events | low | — | — |
| 21 Sept 2026 · Trading window closed from Oct 1 ahead of Q2FY27 results | compliance | minimal | — | — |
| 20 Sept 2026 · Sansera Engineering to host Goldman Sachs group meeting in Bangalore on Sept 24 | board shareholder meetings | low | — | — |
| 9 Sept 2026 · Intimation about analysts visit to Bangalore plants | board shareholder meetings | low | — | — |
| 3 Sept 2026 · Sansera publishes AGM notice in newspapers after Annual Report dispatch | compliance | minimal | — | — |
How to read this document
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions | an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
Sources, method and disclosures
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.