
Sansera Engineering delivered its best-ever quarterly performance in Q1 FY27. Revenue grew 33% year-on-year, EBITDA rose 48%, and PAT increased 39%. Normalised PAT was up 59%. EBITDA margin expanded 196 basis points…
Sansera Engineering delivered its best-ever quarterly performance in Q1 FY27. Revenue grew 33% year-on-year, EBITDA rose 48%, and PAT increased 39%. Normalised PAT was up 59%. EBITDA margin expanded 196 basis points to 19.2%. The aerospace and semiconductor (ADS) business revenue more than tripled to Rs 145.40 crore. A brokerage has raised its target price to Rs 3,880 and maintained an 'Add' rating, citing strong order inflows and improved growth outlook.
The broker's optimism on Sansera Engineering is understandable given the strong numbers. However, ordinary investors should note that the target price relies on a PE multiple expansion from 35x to 42x, which is aggressive. The tripling of ADS revenue is impressive but may face cyclical risks from aerospace and semiconductor demand. The real test is whether order inflows sustain at this pace in coming quarters.
Source: thehindubusinessline.com
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