Sansera Engineering Ltd, incorporated in 1981 in Bengaluru, is an engineering-led manufacturer of complex and critical precision components for both automotive and non-automotive sectors. The company commenced commercial production in 1986, initially supplying components to the passenger vehicle segment. Over the decades, it has expanded its operations organically, supplying to the two-wheeler vertical since 1996, off-road vehicles since 2009, and the light commercial vehicle vertical since 2011.
Sansera has evolved from a traditional automotive component manufacturer into a diversified precision engineering powerhouse. Its advanced capabilities allow for the manufacturing of finished components with weights ranging from a mere 1.75 grams (aerospace component) to a substantial 8,940 grams (automotive component), showcasing remarkable technical expertise and manufacturing flexibility.
Sansera manufactures and supplies a wide range of precision forged and machined components and assemblies that are critical for engine, transmission, suspension, braking, and chassis systems. Key products include:
- Connecting rods
- Rocker arms
- Crankshafts
- Gear shifter forks
- Stem components
- Aluminum forged parts
The company is recognized as one of the top 10 global suppliers of connecting rods for both the light vehicle and commercial vehicle segments as of CY20.
The company strategically manufactures and supplies a wide range of precision components for non-automotive sectors, including aerospace, off-road, agriculture, and other segments like engineering and capital goods. A dedicated facility for high-precision aluminum and titanium machined aerospace components was established in 2013.
The ADS division is Sansera's fastest-growing segment, demonstrating significant momentum.
- Revenue Growth: ADS revenue surged 43% YoY in Q4 FY25 to ₹43.4 crore.
- Future Projections: The division's revenue is expected to more than double, targeting ₹280–₹300 crore, up from ₹123.5 crore in FY25.
- Leadership: Hari Krishnan was appointed as CEO of the ADS division effective February 14, 2025, to steer this high-growth vertical.
- Sales/Revenue: ₹3,016.75 crore in FY25 compared to ₹2,811.43 crore in FY24, reflecting a 7.30% YoY growth.
- Net Profit: ₹215.16 crore in FY25 versus ₹185.76 crore in FY24, showing a 15.83% YoY increase.
- Market Capitalization: ₹8,535 crore, up 6.73% in the past year.
- P/E (Price-to-Earnings) Ratio: 39.03
- P/B (Price-to-Book) Ratio: 6.16
Sansera has secured a significant ₹1,600 million contract with Airbus for manufacturing Airborne Intensive Care Transport Modules. This prestigious aerospace contract highlights the company's capabilities in high-precision manufacturing for critical, high-stakes applications.
MMRFIC Technology, an associate company of Sansera, has entered into a strategic partnership with the Indian Institute of Technology Madras (IITM). The MoU is for the development of a RISC-V based Secure System on a Chip (SoC) as a strategic venture for the Government of India, positioning the company at the forefront of processor innovation.
- New Plant: Invested ₹100 crore in a 55-acre land parcel in Karnataka for a future plant, with construction slated to begin in FY27.
- Pantnagar Facility: A new ₹35 crore facility in Pantnagar for low-cost, high-volume parts is expected to become operational in Q2 FY26.
- FY26 Capex: A substantial ₹350 crore capex is planned for FY26, primarily to enhance ADS and machining capabilities.
Promoter holding in Sansera Engineering Ltd has decreased to 30.35% as of March 2025 from 34.78% as of September 2024. The company is led by a professional management structure with experienced leaders driving its strategic initiatives.
India Ratings and Research (Ind-Ra) has upgraded Sansera Engineering's Long-Term Issuer Rating to 'IND AA/Stable' from 'IND AA-'. This upgrade reflects the company's improved financial profile, strong operational performance, and enhanced creditworthiness.
Sansera has established itself as a leading manufacturer of high-precision components in both automotive and non-automotive domains. The company's competitive edge is built on its:
- Strong focus on design, engineering, machine building, and automation.
- Ability to rapidly roll out new products and develop higher-strength components for high-end applications.
- Progression from manufacturing individual parts to designing and manufacturing sub-assemblies, thereby moving up the value chain.
Sansera's management is committed to achieving an 18–19% CAGR (Compound Annual Growth Rate) through FY28. The company's strategic roadmap includes expanding beyond internal combustion engine (ICE) components, bolstering its aerospace and xEV (Electric Vehicle) capabilities, and maintaining healthy margins through pass-through pricing and rigorous cost controls. This focus on high-growth segments positions Sansera Engineering favorably for future expansion and sustained profitability.
