Sahasra Electronic Solutions reported a 117% year-on-year surge in consolidated revenue to ₹48.0 crores for Q1 FY27, driven by capacity expansion and strategic partnerships. Standalone revenue for the quarter increased 61% to ₹33.0 crores. The company remains on track to achieve its FY27 revenue guidance, supported by a strong order book and operational highlights from the first quarter.

Operational Expansion

The company inaugurated its semiconductor facility in Bhiwadi, attended by Shri Bhajan Lal Sharma, Shri Ashwini Vaishnaw, and Shri Bhupender Yadav. To bolster manufacturing capabilities, Sahasra installed two new Surface Mount Technology (SMT) lines at the Bhiwadi Electronics Manufacturing Services (EMS) facility. This expansion increased the total manufacturing capacity to 12 SMT lines and allowed the company to enter the FinTech segment.

Strategic Joint Venture

Sahasra's promoters have entered a 60:40 joint venture with UK-based UltraMax to form UltraMax Sahasra Energy Private Limited. The entity will manufacture lithium battery packs and battery management systems (BMS). The joint venture plans to establish an integrated battery manufacturing facility in Bhiwadi, targeting energy storage, automotive, robotics, defence, and consumer electronics markets. The promoters are targeting a first-year revenue of US$1 million upon commencement of operations. While currently outside the listed entity, the venture is intended to be integrated into Sahasra over time, similar to an ongoing amalgamation process.

Financial Performance

The provisional and unaudited financial results for Q1 FY27 highlight significant growth across both standalone and consolidated metrics.

Note: Revenue numbers are provisional and unaudited and are subject to audit.

Sahasra Electronic Solutions Limited reported a 45% year-on-year increase in consolidated revenue from operations to ₹138.8 crore for the financial year ended March 31, 2026. The company’s EBITDA grew by 141% to ₹18.2 crore, while Profit After Tax (PAT) surged 617% to ₹12.1 crore, reflecting a significant turnaround from the previous year’s loss position.

The company’s order book stood at ₹68.5 crore at the end of FY26, providing healthy revenue visibility. Customer diversification improved with the active customer base increasing to 140, while repeat business remained robust at 84.1%. The workforce expanded to 246 employees during the year from 208 in the previous year.

Financial Performance

The strong financial performance was driven by higher customer additions, increased wallet share from existing customers, and a growing contribution from high-value product categories. EBITDA margin expanded by 523 basis points to 13.1%, and PAT margin improved to 8.7% compared to a negative 2.4% in FY25.

Operational Highlights

The Electronics Manufacturing Services (EMS) segment remained the largest contributor to revenue, accounting for approximately 66.0% of consolidated revenue. The Memory Solutions business emerged as a key growth driver, with revenue increasing by 110% year-on-year to ₹26.3 crore. The Semiconductor Packaging business also delivered strong growth momentum, with revenue rising 71% to ₹15.7 crore.

The company’s installed manufacturing capacity stood at approximately 18 million units annually with a capacity utilization of around 55%. Sahasra continues to invest in advanced testing, reliability infrastructure, and semiconductor packaging operations to strengthen its position in the emerging electronics value chain.