Sansera Engineering - Robust Order Wins To Ensure Industry Leading Growth: ICICI Direct

BQ Prime’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BQ Prime’s subscribers an opportunity to expand their understanding of companies, sectors and the economy..ICICI Direct Report.Sansera Engineering Ltd., established in 1981, is a Bengaluru based engineering led integrated manufacturer of critical precision forged components (engine, non-engine oriented) for end application in predominantly auto domain.Key triggers for future price performance: History of consistent outperformance to industry. We expect the trend to continue amid robust order wins from domestic and marquee original equipment manufacturers in global space with consequent sales growth built in as 17.8% over FY22-24. Strong focus on de-risking the existing product profile (engine heavy) with five year sales target at 25% from non-auto and 15% from Auto-Tech Agnostic and xEVs, primarily riding on indigenously developed capabilities. Sansera has developed drivetrain, suspension, steering and braking components in this direction for the vehicle categories namely two-wheeler, passenger vehicle and commercial vehicle space..Click on the attachment to read the full report:.DISCLAIMERThis 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..Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

Sansera Engineering - Robust Order Wins To Ensure Industry Leading Growth: ICICI Direct

Sansera Engineering - Robust Order Wins To Ensure Industry Leading Growth: ICICI Direct

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