Sansera Engineering - Robust Order Wins; Focused On Diversifying Product Profile: Nirmal Bang

Sansera Engineering - Robust Order Wins; Focused On Diversifying Product Profile: Nirmal Bang

Sansera Engineering Ltd. (Source: Company website)

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Nirmal Bang Report

We met the management of Sansera Engineering Ltd. to understand the company’s growth prospects, threat from electric vehicle transition, overall business environment and outlook. The key takeaways include:

  1. order book stands at ~Rs 15 billion (Rs 12.5 billion in September 2021)

  2. order wins focussed at diversifying away from the domestic internal combustion engine segment (~61% exports and ~38% from enterprise plus tech agnostic products),

  3. expects to outperform industry growth by ~5-10% going ahead and

  4. Sansera's major growth drivers are non-auto sectors (aerospace, agriculture, off-road, bicycles and defence) and tech-agnostic products (17% in FY22).

Click on the attachment to read the full report:

Nirmal Bang Sansera Engineering Ltd-Company Update- 26 June 2022.pdf
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This report is authored by an external party. BQ Prime does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BQ Prime.

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