Sansera Engineering has announced the successful incorporation of its joint venture company, Nichidai Sansera Private Limited, marking a significant milestone in its strategic partnership with Nichidai Corporation. The new entity was incorporated on February 25, 2026, and registered with the Registrar of Companies, Karnataka.

Joint Venture Structure and Ownership

The joint venture company has been initially established as a wholly owned subsidiary of Sansera Engineering Limited. However, the ownership structure will change following the planned fund infusion by both partner companies.

Partnership Background

The incorporation follows the Joint Venture Agreement executed between Nichidai Corporation and Sansera Engineering Limited on January 29, 2026. This strategic alliance represents a significant step in expanding the company's operational capabilities and market reach in the automotive components sector.

Fund Infusion and Share Allocation

According to the company's disclosure, both Nichidai Corporation and Sansera Engineering Limited will infuse funds into the newly incorporated joint venture company in due course. Upon completion of this fund infusion process, shares will be allotted in the predetermined ratio of 60:40 respectively, with Nichidai Corporation holding the majority stake.

Regulatory Compliance

The company has fulfilled its disclosure obligations under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The information has been communicated to both the National Stock Exchange of India Limited and BSE Limited, ensuring full transparency with stakeholders and regulatory authorities.

The development information is also available on the company's official website at www.sansera.in , providing stakeholders with easy access to updates regarding this strategic partnership.

Sansera Engineering Limited has delivered its strongest quarterly performance to date, reporting record-breaking financial results for Q3FY26 during its earnings conference call held on February 10, 2026. The company achieved significant milestones across multiple business segments while inaugurating a new manufacturing facility to support future growth.

Record Financial Performance

The company posted its highest-ever quarterly figures with comprehensive growth across key metrics:

For the nine-month period, revenue reached ₹24,992 million, representing a 12% year-on-year increase from ₹22,351 million. EBITDA for 9MFY26 stood at ₹4,391 million with 13% growth, while PAT surged 29% to ₹2,038 million with margins expanding from 7.1% to 8.2%.

Strategic Facility Expansion

The company inaugurated a new state-of-the-art manufacturing facility in Pantnagar, dedicated to serving domestic 2-wheeler OEMs. This facility focuses on crankshaft assembly production, designed to increase content per vehicle in the ICE segment. The plant features high automation levels with IoT integration and data analytics capabilities, with plans for predominantly female workforce operations.

Segment-Wise Performance Highlights

The ADS (Aerospace, Defense & Semiconductor) division demonstrated exceptional growth, with revenue increasing more than 4x year-on-year and over 2x quarter-on-quarter. Nine-month ADS revenue crossed ₹2,150 million, keeping the company on track for its FY26 targets.

International operations showed robust momentum with Europe revenues growing 27% year-on-year, while sales from other foreign countries more than doubled on a small base. The domestic auto segment recorded 13% year-on-year growth despite seasonal weakness, led by passenger vehicles, heavy commercial vehicles, and motorcycle components.

Strategic Partnership and Expansion

Sansera announced a joint venture agreement with Nichidai Corporation of Japan, targeting new geographies in East Asia. The partnership leverages Nichidai's expertise in manufacturing tools, dies, and precision components in cold and warm forged categories across Japan and Thailand operations.

Order Book and Future Outlook

The company maintains a strong order pipeline with peak annual revenues for new business standing at ₹24.1 billion as of December 2025. The cumulative unexecuted lifetime order book for ADS business reached ₹38.7 billion till FY30.

Management expressed confidence in closing the current year with mid-teens top line growth while maintaining current margin profiles. The company expects positive impacts from the interim U.S.-India trade deal and EU FTA on both current exports and new opportunities.

Source: