Rs 18,511 million order book: Engineering company bags new order worth Rs 1,600 million from Airbus Defence and Space S.A.U

The stock is up by 46 per cent from its 52-week low of Rs 954.10 per share.

Sansera Engineering Limited has secured a significant long-term international contract valued at approximately Rs 1,600.00 million (USD 18.80 million) from Airbus Defence and Space S.A.U. This landmark agreement involves Sansera's expertise in manufacturing, supplying, and supporting the Airborne Intensive Care Transport Module (ICTM) for light and medium transport aircraft programs. This marks a notable first, as Sansera becomes the inaugural Indian supplier chosen by Airbus for the production of the ICTM Kit.

The ICTM is a crucial, advanced airborne medical evacuation system designed to facilitate the transport of patients requiring various levels of medical care, including intensive care, during emergencies and health crises. Sansera's responsibilities under this contract encompass the precision machining and structural assembly of these critical ICTM units. The contract is set for a long duration, with the first shipment anticipated before the end of 2026, and subsequent deliveries adhering to Airbus's schedule.

This collaboration highlights Sansera's long-standing reputation for developing complex and critical precision-engineered components. The order not only underscores their capabilities in the non-automotive sector but also signifies a strategic partnership with a major international entity like Airbus, further cementing Sansera's position in the global aerospace supply chain.

About the Company

Sansera was incorporated in 1981 and is an engineering-led integrated manufacturer of complex and critical precision-engineered components across the automotive and non-automotive sectors. Within the automotive sector, we manufacture and supply a wide range of precision forged and machined components and assemblies, such as connecting rod, rocker arm, crankshaft, gear shifter fork, stem comp, and aluminium forged parts, which are critical for engine, transmission, suspension, braking, chassis and other systems for the 2-wheeler, passenger vehicle and commercial vehicle verticals. Within the non-automotive sector, the Company manufactures and supplies a wide range of precision components for the aerospace, defence, semiconductor, and other segments.

As of March 31, 2024, the company’s order book stands at Rs 18,511 million.  The company has a market cap of over Rs 8,500 crore. The stock is up by 46 per cent from its 52-week low of Rs 954.10 per share.

Disclaimer: The article is for informational purposes only and not investment advice.