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16 Jul 2025 |
Sansera Engineering
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Consensus Share Price Target
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1375.00 |
1572.25 |
- |
14.35 |
buy
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11 Jul 2025
|
Sansera Engineering
|
BP Wealth
|
1375.00
|
|
1354.70
(1.50%)
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Not Rated
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Strategic shift in vertical to unlock higher potential We recently met the management of Sansera Engineering Limited (SEL) with a view to gain greater insights of its business. SEL is a technology driven manufacturer of complex and critical highprecision iron and aluminium components for automotive and non- automotive sectors. It is the largest supplier of Connecting Rods, Rocker Arms and Gear Shifter Forks for the 2W segment and the largest supplier of Connecting Rods and Rocker arms for LMVs in India. Furthermore, the company is among the top ten suppliers of Connecting Rod across international markets. With a strong presence in the high precision IC engine components, it has been able to extend its design and engineering capabilities to cater to fast-growing areas like EV, Defence, Aerospace, etc. Sansera has 17 integrated manufacturing facilities (16 in India and 1 in Sweden) and has evolved organically by supplying premium quality components to Auto ICE, Tech Agnostic, xEV, and Non-Auto OEMs in the domestic and global markets. Following are the key takeaways from the interaction: Multi-vertical evolution unlocks sustainable and robust growth pathways SEL is undergoing a strategic transformation aimed at reducing its dependence on the traditional...
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29 May 2025
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Sansera Engineering
|
Axis Direct
|
1375.00
|
1580.00
|
1357.30
(1.30%)
|
14.91 |
Buy
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We maintain our BUY rating on the stock.
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12 Feb 2025
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Sansera Engineering
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Axis Direct
|
1375.00
|
1430.00
|
1209.45
(13.69%)
|
4.00 |
Buy
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We maintain our BUY rating on the stock.
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11 Feb 2025
|
Sansera Engineering
|
Anand Rathi
|
1375.00
|
1600.00
|
1166.05
(17.92%)
|
16.36 |
Buy
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Broadly in line with our estimate, Sansera’s Q3 consolidated EBITDA grew 5% y/y to Rs1.27bn. We expect its outperformance to continue, thanks to greater focus on xEV (drivetrain), tech-agnostic (aluminium forgings) and non-auto (aerospace, Defence, semiconductor) components.
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21 Nov 2024
|
Sansera Engineering
|
ICICI Direct
|
1375.00
|
2000.00
|
1482.85
(-7.27%)
|
45.45 |
Buy
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13 Nov 2024
|
Sansera Engineering
|
Axis Direct
|
1375.00
|
1710.00
|
1451.00
(-5.24%)
|
24.36 |
Buy
|
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We maintain our BUY rating on the stock.
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12 Aug 2024
|
Sansera Engineering
|
Axis Direct
|
1375.00
|
1580.00
|
1394.75
(-1.42%)
|
Target met |
Buy
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We maintain our BUY rating on the stock.
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08 Jul 2024
|
Sansera Engineering
|
IDBI Capital
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1375.00
|
1625.00
|
1371.55
(0.25%)
|
Target met |
Buy
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27 Jun 2024
|
Sansera Engineering
|
ICICI Direct
|
1375.00
|
1570.00
|
1284.40
(7.05%)
|
Target met |
Buy
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28 May 2024
|
Sansera Engineering
|
ICICI Direct
|
1375.00
|
1285.00
|
1033.25
(33.08%)
|
Target met |
Buy
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18 May 2024
|
Sansera Engineering
|
Axis Direct
|
1375.00
|
1270.00
|
1060.20
(29.69%)
|
Target met |
Buy
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We maintain a BUY rating and continue to confidently award a Forward PE multiple of 22x on FY26 EPS to arrive at our TP of Rs 1270 share.
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17 May 2024
|
Sansera Engineering
|
ICICI Securities Limited
|
1375.00
|
1279.00
|
1041.75
(31.99%)
|
Target met |
Buy
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Sansera Engineering’s (SEL) EBITDAM was flat QoQ at 17%, despite the Red Sea disruption adversely impacting supply chain costs.
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14 Feb 2024
|
Sansera Engineering
|
Axis Direct
|
1375.00
|
1220.00
|
1011.45
(35.94%)
|
Target met |
Buy
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We maintain a BUY rating and continue to confidently award a Forward PE multiple of 20x on FY26 EPS to arrive at our TP of Rs 1,220/share.
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20 Dec 2023
|
Sansera Engineering
|
Axis Direct
|
1375.00
|
1210.00
|
962.70
(42.83%)
|
Target met |
Buy
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We initiate coverage on Sansera Engineering Ltd (Sansera) with a BUY recommendation and price target of Rs 1,210/share, implying an upside of 26% from the CMP.
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07 Dec 2023
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Sansera Engineering
|
ICICI Direct
|
1375.00
|
1100.00
|
927.70
(48.22%)
|
Target met |
Buy
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12 Oct 2023
|
Sansera Engineering
|
Hem Securities
|
1375.00
|
1051.00
|
910.15
(51.07%)
|
Target met |
Buy
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18 Sep 2023
|
Sansera Engineering
|
ICICI Securities Limited
|
1375.00
|
1133.00
|
964.35
(42.58%)
|
Target met |
Buy
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We interacted with the management of Sansera Engineering (SEL) to get mid-year update on its business execution and outlook ahead. Following are the key takeaways: 1) Revenue is on course to meet the target of ~40% growth in exports in FY24, including ~50% growth in aerospace segment; 2) supplies to Triumph and Harley for the newly-launched indigenised models would add to 2W segment revenue growth along with continued premiumisation of overall 2W market.
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14 Sep 2023
|
Sansera Engineering
|
Prabhudas Lilladhar
|
1375.00
|
|
948.50
(44.97%)
|
|
Not Rated
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02 Aug 2023
|
Sansera Engineering
|
ICICI Securities Limited
|
1375.00
|
1133.00
|
967.70
(42.09%)
|
Target met |
Buy
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Sansera Engineering’s (SEL) Q1FY24 EBITDAM at 17.3% was up ~180bps QoQ driven mainly by improved exports mix. Orderbook stands at INR 17bn with ~53% of it from tech-agnostic/EV/non-auto segments. SEL expects its revenue to be boosted by recovery in the 2W segment, premiumisation in 2Ws and increased content per vehicle.
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12 Jun 2023
|
Sansera Engineering
|
ICICI Securities Limited
|
1375.00
|
1033.00
|
840.20
(63.65%)
|
Target met |
Buy
|
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We recently visited various facilities of Sansera Engineering (SEL) and interacted with the senior management to understand their business strategy and outlook. Following are the key takeaways: a) SEL is aiming towards ~Rs35bn revenue by FY25 vs Rs23bn in FY23 with growth being driven by domestic 2W demand revival, return of growth in export markets and expansion of the aerospace segment.
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