Sansera Engineering (SANSERA) Q4 25/26 earnings summary

Executive summary

• Achieved record annual consolidated revenue of INR 34,979 million in FY 2026, up 16% year-over-year, with highest-ever quarterly revenue in Q4 at INR 9,987 million, up 28% year-over-year.

• PAT grew 51% year-over-year to INR 3,269 million, with PAT margin rising to 9.3% from 7.2% in FY25.

• Significant progress in non-auto diversification, especially in ADS (Aerospace, Defence, Semiconductor), with ADS product sales revenue at INR 3,155 million, up 155% year-over-year.

• Expanded manufacturing footprint with a new facility at Pantnagar and entered a strategic JV with Nichidai Corporation, Japan.

• Audited standalone and consolidated financial results for FY 2026 were approved, with auditors issuing unmodified opinions.

Financial highlights

• Q4 FY 2026 revenue from operations grew 28% year-over-year to INR 9,987 million.

• Q4 EBITDA at INR 1,929 million, up 52% year-over-year; EBITDA margin improved to 19.3% from 16.3%.

• FY 2026 EBITDA at INR 6,321 million, up 23% year-over-year; EBITDA margin at 18.1%.

• FY 2026 PAT at INR 3,269 million, up 51% year-over-year; PAT margin at 9.3%.

• Dividend of INR 4 per equity share recommended for FY26.

Outlook and guidance

• Confident of sustaining growth trajectory in FY 2027, with H1 expected to be stronger than H2 due to favorable base effect.

• ADS segment revenue guidance for FY27 is INR 5,500–6,000 million, with margins expected to move towards 25–30% as facility utilization increases.

• Unexecuted ADS order backlog at INR 44,638 million, executable over ~5 years.

• CapEx for FY 2027 expected at similar levels to FY 2026 (INR 5,097–5,911 million), focused on expanding ICE and ADS capacities.

• Strategic roadmap targets 40% revenue from non-auto, tech-agnostic, and xEV components in the next few years.