Auto parts & Equipment company Sansera Engineering announced Q4FY24 & FY24 results: Delivered the highest ever topline and EBITDA during FY24 and Q4FY24 driven by broad-based growth across geographies Domestic revenues grew by 16% in FY24 and 20% in Q4FY24 on a YoY basis International revenues grew by 34% in FY24 and 29% in Q4FY24 on a YoY basis Improvement in margins is mainly driven by stronger growth in the International business and operating efficiencies Highest ever quarterly sales across key end-markets, i.e., Auto-ICE, Auto-Tech Agnostic & xEV and Non-Auto Emerging Businesses (Non-Auto and Auto-Tech Agnostic & xEV) grew by 34% in FY24 and 27% in Q4FY24 Contribution of top 5 customers has reduced from 51% in FY23 to 46% in FY24 Net debt as of Mar-24 stood at Rs 7.4 billion The Board of Directors has recommended a dividend of Rs 3.00 per equity share for FY24 Commenting on the performance Mr. B R Preetham, Executive Director & CEO, Sansera Engineering Limited said, “In line with our expectations, we closed FY24 with a 20% growth in the topline and 25% growth in the EBITDA. Our results reflect disciplined execution of our strategic initiatives across legacy, Auto-ICE business as well as Emerging Businesses which include Non-Auto and Tech-Agnostic & xEV segments. After years of experience working in the critical precision engineering industry, we continue to invest in high-growth areas to further diversify our revenue streams across segments, geographies and customers. Our dedicated team works closely with the customers to understand their evolving product requirements and develop products around the same. As a result, momentum with the customers is building, underscoring the value that Sansera is offering. The orderbook for new business stands at Rs 15.9 billion after taking the annual reset where we exclude orders which have moved into mass production. This orderbook which is expected to mature in the next three years, is well spread across business segments aligned to our long-term vision. Overall, the outlook for FY25 is promising as we are able to pivot and evolve continuously to meet evolving market demands.” Result PDF