Sansera Engineering has announced significant developments under its Employee Stock Option Plan 2018 (ESOP 2018). The company's Nomination and Remuneration Committee has approved the grant of stock options and the allotment of equity shares, demonstrating its commitment to employee incentivization and retention.

Stock Option Grant

The company has granted a total of 75,500 stock options under the ESOP 2018 plan. The options have been priced at two different levels:

These options will vest over a period of four years, with 25% vesting each year from the date of grant. Once vested, the options can be exercised within three years from their respective vesting dates.

Equity Share Allotment

In addition to the new grants, Sansera Engineering has allotted 1,28,519 equity shares of Rs. 2 each upon the exercise of previously vested options. This allotment has resulted in changes to the company's share capital:

• Total issued shares after this allotment: 6,22,24,268
• Total issued share capital after this allotment: Rs. 12,44,48,536.00

The newly allotted shares will rank pari passu with the existing equity shares of the company in all respects, including dividend entitlement.

Vesting Schedule and Exercise Price

The vesting schedule for the newly granted options is as follows:

• 25% at the end of the first year from the date of grant
• 25% at the end of the second year (cumulative 50%)
• 25% at the end of the third year (cumulative 75%)
• 25% at the end of the fourth year (cumulative 100%)

For the recently allotted shares, the exercise prices were:

• Rs. 744.00 per share for 1,24,769 options
• Rs. 934.70 per share for 3,750 options

Impact and Implications

This move by Sansera Engineering underscores the company's focus on aligning employee interests with those of the shareholders. By offering stock options at different price points, the company provides incentives for various levels of employees while also accounting for potential future growth in share value.

The allotment of shares upon exercise of vested options indicates that employees are seeing value in their equity compensation, which is a positive sign for the company's performance and employee satisfaction.

Investors and market watchers should note that while this action results in a slight dilution of existing shareholding, it also potentially strengthens employee commitment and could contribute to long-term value creation for the company.

Sansera Engineering continues to demonstrate its commitment to transparency by promptly disclosing these developments to the stock exchanges, in compliance with SEBI regulations.

Sansera Engineering Limited , a leading manufacturer of precision-engineered components, has announced ambitious revenue projections for the upcoming fiscal years. The company has set its sights on achieving substantial growth in the near future.

Revenue Targets

Sansera Engineering has outlined the following revenue goals:

• FY26: Rs 3,000-3,200 crore
• FY27: Rs 5,000-5,500 crore

These projections indicate a significant revenue growth trajectory over the two-year period, showcasing the company's confidence in its market position and growth strategies.

Q2 Financial Performance

The company has also released its financial results for the second quarter, demonstrating solid performance:

The company has shown growth across key financial metrics, with a notable 38% increase in Profit After Tax year-over-year.

Business Segment Performance

Sansera Engineering's Q2 performance across various business segments includes:

• Auto-ICE: 72.9% of revenue
• Auto-Tech Agnostic & xEV: 13.8% of revenue
• Non-auto: 13.2% of revenue

The non-auto business, particularly the Aerospace, Defense, and Semiconductor (ADS) segment, has shown exceptional growth:

• ADS segment: 80% year-over-year growth
• Off-Road and Agriculture: 46.7% and 17.7% year-over-year growth, respectively

Geographic Performance

The company's revenue distribution by geography for Q2 was as follows:

• India: 70.2%
• Europe: 16.3%
• USA: 8.8%
• Other Foreign Countries: 4.7%

Notable performances include:

• India Business: 8.5% year-over-year growth
• USA Exports: 14.9% year-over-year growth
• Sweden Business: Rs 589 crore in sales, representing 79.1% year-over-year growth

Strategic Investments and Future Outlook

Sansera Engineering is making strategic investments to support its growth plans:

1. ADS Segment Focus: The company is targeting annual sales of Rs 3,000 to 3,200 crore in FY26 for the ADS division.
2. Capacity Expansion: Plans include a Rs 250 crore investment over the next few years towards building and machinery for the ADS segment.
3. New Product Lines: Entry into regular production of semiconductor parts manufacturing, with ramp-up expected in Q3 and Q4.
4. Product Diversification: Expanding into more complex and large structural parts, supported by in-house surface treatment facilities.

B R Preetham, Executive Director & CEO of Sansera Engineering Limited, commented on the company's performance and outlook: "With our focus on engineering innovation and operational efficiency, we navigated industry challenges effectively and maintained robust profitability. We are constantly expanding our horizons and engaging with prospective customers in newer geographies, particularly Japan and Korea."

As Sansera Engineering continues to diversify its product portfolio and expand its global presence, the company appears well-positioned to capitalize on opportunities in both the automotive and non-automotive sectors, aiming for stronger-than-industry growth in the coming years.