Engineering stock engaged in producing complex and critical precision-engineered components across automotive and non-automotive sectors in focus, on inaugurating a new R&D facility in Bangalore to integrate Semiconductor Packaging, Precision PCB Assembly, and many more.
With a market capitalization of Rs. 5,438 Crores, the shares of Sansera Engineering Limited were trading at Rs. 1,014.35 per equity share, down 2.84 percent from its previous day’s close price of Rs. 1,044.05.
MMRFIC Technology Private Limited (MMRFIC), a group company of Sansera Engineering Limited announced the grand opening of a new R&D facility in Bangalore, integrating Semiconductor Packaging, Precision PCB Assembly, and the Testing & Qualification of in-house developed products as a strategic diversification of its product development range.
MMRFIC’s new facility is being developed in multiple phases with an investment outlay of 4 million USD. The first phase of 14000 sq. ft is operational, It includes an ISO Class 10,000 cleanroom for Semiconductor Packaging that handles die-attach, bonding, and sealing.
Along with it, a fully automated precision SMD assembly facility is equipped with jet printing pick-and-place machinery, a 10+3 zone oven with nitrogen integration, and other equipment. The operational facility provides for production-scale integration of miniaturized Systems in Packages (SiP) and off-the-shelf Components (COTS).
The new facility also enables the strategic integration of 3D semiconductor packaging, SiP design, PCB design and assembly, functional testing, and supply chain management for comprehensive product development all under one roof. Additionally, it offers failure analysis support for customers worldwide, backed by a dedicated team of engineers across various functions.
Sansera Engineering Limited is an integrated manufacturer of complex and critical precision-engineered components across automotive and non-automotive sectors. Some of its products include crankshaft, gear shifter forks, suspension, braking, chassis, and precision components for the aerospace, off-road, agriculture, and other segments.
Sansera Engineering Limited has an order book of Rs. 11.592 CRores, of which 49 percent is for its Auto-ICE segment, 28 percent for Auto-Tech Agnostic & xEV, and 24 percent for the Non-Auto segment.
Its Revenue from Operations grew by 20.57 percent from Rs. 618.58 Crores in Q4FY23 to Rs. 745.85 Crores in Q4FY24, accompanied by profits of Rs. 35.42 Crores to Rs. 46.47 Crores.
It has reported a return on equity (ROE) of 14.8 percent, a return on capital employed (ROCE) of 15.7 percent, and a debt-to-equity ratio of 0.88.
Written by: Bharath K.S
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