Sansera Engineering has reported its audited financial results for the quarter and year ended March 31, 2026, delivering its highest ever annual performance. The company posted a net profit of INR 3,269 Mn for FY26, representing a 51% YoY growth compared to INR 2,169 Mn in the previous year. Revenue from operations for the full year increased by 16% to INR 34,979 Mn from INR 30,168 Mn in FY25. EBITDA for the year stood at INR 6,321 Mn, up 23% YoY, with an EBITDA margin of 18.1% compared to 17.1% in FY25.

Q4 Performance Highlights

The quarter ended March 31, 2026 saw a strong acceleration in profitability. Consolidated net profit for Q4 stood at INR 1,231 Mn, a significant jump from INR 592 Mn in the same quarter of the previous year. Revenue for the quarter came in at INR 9,987 Mn versus INR 7,817 Mn YoY. EBITDA for Q4 rose sharply to INR 1,929 Mn from INR 1,271 Mn in the year-ago period, with the EBITDA margin expanding to 19.3% from 16.3% YoY.

The following table summarises the key Q4 metrics:

Full-Year Financial Summary

The annual performance reflected broad-based growth across key financial metrics, as summarised below:

ADS Business and Operational Updates

The company's ADS business achieved a topline of INR 3,155 Mn, marking a 155% YoY growth. The unexecuted order backlog for the ADS business stood at INR 44,638 Mn as of March 31, 2026. The Non-Auto segment registered a robust growth of 70.5% YoY, while the Auto-Tech Agnostic and xEV segment delivered its highest-ever quarterly revenue with 19.8% YoY growth. The Automotive ICE Segment recorded its highest ever quarterly performance, growing 21.6% YoY.

Strategically, the company inaugurated a new plant in Pantnagar, Uttarakhand, and signed a joint venture with Nichidai Corporation, Japan. The Board of Directors has recommended a final dividend of INR 4 per equity share for FY26. Additionally, the Board appointed three new Independent Directors—Ms. Radhika Govind Rajan, Mr. Deepak Keshav Ghaisas, and Mr. Venkataram Mamillapalle—effective May 20, 2026, for a term of five years, subject to shareholder approval.

Sansera Engineering Limited has filed its Monitoring Agency Report for the quarter ended March 31, 2026, with the National Stock Exchange of India and BSE Limited, pursuant to Regulation 32 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The report, prepared by ICRA Limited in its capacity as the Monitoring Agency, covers the utilisation of proceeds raised through the company's Qualified Institutional Placement (QIP). ICRA confirmed that there is no deviation in the utilisation of QIP proceeds as compared to the stated objects of the issue.

QIP Issue Overview

The QIP issue was open from October 10, 2024 to October 15, 2024, and involved the issuance of equity shares. The following table summarises the key details of the issue:

ICRA has monitored gross proceeds of INR 1,200.000 crore for Q4 FY2026. The net proceeds of INR 1,174.979 crore were earmarked across four key objects as disclosed in the Placement Document.

Planned Utilisation of Net Proceeds

The net proceeds of INR 1,174.979 crore were allocated across the following objects as per the offer document:

Progress in Utilisation as at March 31, 2026

As of the quarter ended March 31, 2026, the cumulative utilisation of gross proceeds stood at Rs. 944.294 crore, with Rs. 5.000 crore deployed during Q4 FY2026. The table below details the progress against each object:

The repayment of borrowings and capital expenditure towards existing manufacturing facilities have been fully utilised. Land acquisition remains partially pending, with INR 7.409 crore yet to be deployed. The general corporate purpose head carries the largest unutilised balance of INR 248.297 crore.

Deployment of Unutilised Proceeds

The unutilised proceeds have been parked in fixed deposits with HDFC Bank and Axis Bank, as well as in the monitoring account. The details are as follows:

Market value includes interest accrued till March 31, 2026. Source: As certified by Manian & Rao.

General Corporate Purpose Utilisation

Out of the INR 274.979 crore allocated for general corporate purposes, a cumulative INR 26.682 crore has been utilised across multiple quarters. The utilisation details are as follows:

• Q1 FY2026: INR 9.306 crore invested in renewable energy (approved by the Board on May 27, 2025)
• Q2 FY2026: INR 2.376 crore invested in renewable energy
• Q3 FY2026: INR 10.000 crore invested in an associate company
• Q4 FY2026: INR 5.000 crore invested in an associate company

The investment in the associate company totalling INR 30.000 crore was approved by the Board of Directors on May 27, 2025, of which INR 10.000 crore was deployed as on December 31, 2025 and INR 5.000 crore as on March 31, 2026. The remaining unutilised amount under general corporate purpose is INR 248.297 crore, and the remaining utilisation is expected to occur in FY2026-27.

Implementation Status and Monitoring Agency Findings

ICRA confirmed that all utilisation is in line with the disclosures in the Placement Document, with no material deviation observed. The means of finance for the disclosed objects has not changed, and no major deviation was observed over earlier monitoring agency reports. A delay has been noted in the completion of land acquisition and general corporate purpose deployment, both of which were originally scheduled for FY25. The report was signed by Parul Goyal Narang, Vice President & Head-Process Excellence at ICRA Limited, on May 11, 2026. The compliance filing was submitted by Rajesh Kumar Modi, Company Secretary and Compliance Officer of Sansera Engineering Limited.