Sansera Engineering Results Earnings Call for Q1FY24
Conference Call with Sansera Engineering Management and Analysts on Q1FY24 Performance and Outlook. Listen to the full earnings transcript.02-08-2023
02-08-2023
Sansera Engineering Ltd - 543358 - Announcement under Regulation 30 (LODR)-Change in Directorate
Please find attached revised outcome of Board meeting held yesterday i.e., 1st August 2023 with updated profile of Mr. B R Preetham, who was appointed as Executive Director and designated as Executive Director & Group CEO from the date of 41st AGM of the Company scheduled on September 08, 2023. We apologise for any inconvenience caused to you. Also please note that we had filed the required announcement yesterday well within the time line. This is just a revised one.02-08-2023
Q1FY24 Quarterly Result Announced for Sansera Engineering Ltd.
Auto Parts & Equipment company Sansera Engineering announced Q1FY24 results: Revenue From Operation of Rs 6,600.7 million in Q1FY24 compared to Rs 5,321.7 million in Q1FY23, up 24% YoY EBITDA of Rs 1,143.5 million in Q1FY24 compared to Rs 914.4 million in Q1FY23, up 25% YoY EBITDA Margin of 17.3% in Q1FY24 compared to 17.2% in Q1FY23 Profit After Tax of Rs 451.7 million in Q1FY24 compared to Rs 347.8 million in Q1FY23, up 30% YoY Profit After Tax Margin of 6.8% in Q1FY24 compared to 6.5% in Q1FY23 International business grew by 35% while domestic business registered a healthy 20% growth Total orders booked during Q1FY24: Rs 3.7 billion. As of Jun-23, order book with annual peak revenues stood at Rs 16.9 billion; very healthy order booking for global markets. Almost 70% of new order inflows came in from the Auto-ICE segment, 21% from Auto-Tech Agnostic & xEV segment, and the remaining 9% from the Non-Auto segment. On the debt front, our net debt stood at Rs 7.2 billion (Jun-23) Construction of the new machining facility at plant 11, Bidadi is on track for completion by the end of FY24 Commenting on the performance B R Preetham, Group CEO, Sansera Engineering said, “I am delighted to share with you that we have kicked off the fiscal year with our best performance in terms of topline and EBITDA. This stellar performance is driven by broad-based growth across domestic and international markets, and we hope to continue in top gear. On one hand, our newer segments like Auto-Tech Agnostic & xEV products and Nonauto continued to perform well on a modest yet rapidly growing base, on the other hand, our well-established Auto-ICE segment delivered a healthy ~20% growth on a far bigger base. The growth registered by our newer segment illustrates Sansera’s adaptability to newer requirements and our futuristic product range. Meanwhile, AutoICE's growth is a clear reflection of our prowess in core product categories. Given the convergence of these advantageous factors and favorable market conditions throughout our operational divisions, we anticipate a robust performance for the fiscal year 2024.” Result PDF02-08-2023
Sansera Engineering Ltd - 543358 - Link Of Audio Recording Of Today''s Earnings Call On Q1FY24 Is Attached
Link of Audio recording of today''s earnings call on Q1FY24 is attached.02-08-2023
Sansera Engineering hits 52-week high on strong Q1 results
Sansera Engineering stock has given a return of 35.46 percent over the last six months.02-08-2023
Sansera Engineering Ltd - 543358 - Announcement under Regulation 30 (LODR)-Investor Presentation
Copy of Investors Presentation attached.01-08-2023
Sansera Engineering Ltd - 543358 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Copy of Earnings Release attached for Q1FY24.01-08-2023
Sansera Engineering Ltd - 543358 - Board Meeting Outcome for Outcome Of The Board Meeting And Date Of 41St AGM
Outcome of the Board meeting and date of 41st AGM fixed by the Board in today''s meeting.01-08-2023
Sansera Engineering Ltd - 543358 - Announcement under Regulation 30 (LODR)-Change in Directorate
) Intimation about appointment of Mr. B R Preetham as Executive Director & Group CEO from the date of 41st AGM of the Company to be held on September 08, 2023; and 2) Completion of term of Mr. Raunak Gupta on the date of 41st AGM to be held on September 08, 2023. He will ceased to be Director from the date of 41st AGM.01-08-2023
Sansera Engineering Ltd - 543358 - Results For The Period Ended June 30, 2023 Attached With Outcome Of Board Meeting
Results for Q1FY24 attached with outcome of Board meeting held today.01-08-2023