Sansera Engineering Limited — Updates, 11-11-2024: Press Release

Sansera Engineering Limited reported a strong financial performance for the quarter and half-year ended September 30, 2024, achieving its highest-ever quarterly revenue of Rs. 7,634 million, representing a 10% YoY growth. For H1FY25, revenues reached Rs. 15,073 million, a rise of 11% YoY. Key geographical sales were dominated by India (69.9%) and Europe (17.8%), while the automotive internal combustion engine (Auto-ICE) segment comprised 74.8% of total sales.

The EBITDA margin improved slightly to 17.4% due to a favorable product mix, and net profit after tax rose to Rs. 516 million, a notable increase of 9% YoY. The company successfully secured new orders worth Rs. 3.2 billion during the quarter, contributing to a robust order book of Rs. 20 billion slated for maturity over the next three years.

Sansera also recently completed a qualified institutional placement (QIP) raising Rs. 12,000 million, intended to facilitate capacity expansion and balance sheet strengthening. Future growth plans appear promising, aided by strategic leadership additions and a positive operational performance despite a challenging macro backdrop.