Sansera Enginee. Q4 FY26 Results (NSE: SANSERA)
Signal: Steady quarter
The read
The earnings trajectory strengthened sharply: standalone Q4 revenue growth accelerated to 27.5% from 24.7% in Q3FY26, PAT growth reached 74.3%, and operating margin expanded about 220bps YoY to 19.5%; however, gross margin contracted 190bps as raw-material intensity rose to 41.5%, making mix, pricing and input-cost pass-through the key confirmation points for the next quarter.
| Metric | Value | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹349.79 Cr | N/A | N/A |
| EBIT | ₹48.57 Cr | N/A | |
| Net profit | ₹32.41 Cr | N/A | |
| EPS | ₹52.09 | N/A | |
| EBIT margin | 19.8% |
P&L walk
The verified consolidated block reports revenue of ₹3497.92 million, EBITDA of ₹691.54 million and PAT of ₹324.09 million, but does not provide comparable YoY or QoQ deltas in the supplied data.
Key positives
- Standalone Q4 revenue of ₹8858.52 million grew 27.5% YoY, accelerating from 24.7% in Q3FY26 and 4.8% in Q4FY25.
- Standalone Q4 PAT of ₹1039.72 million grew 74.3% YoY, materially outpacing revenue growth as operating margin improved to about 19.5%.
- Employee cost rose only 12.0% YoY versus revenue growth of 27.5%, reducing employee-cost intensity by 170bps to 12.2%.
- Standalone Q4 EPS rose 73.5% YoY to ₹16.71, broadly tracking the 74.3% PAT increase.
- PPE increased 16.9% YoY to ₹19,481.19 million and depreciation increased 18.4% YoY, a clean capex-to-depreciation signal.
Key concerns
- Gross margin contracted 190bps YoY to 58.5% as raw-material cost increased to 41.5% of revenue from 39.7%; the filing does not disclose the driver or extent of pass-through.
- PAT growth of 74.3% included ₹204.56 million of standalone Q4 other income, although the verified earnings-quality assessment remains clean.
- The supplied verified consolidated figures do not include comparable YoY or QoQ values, limiting confirmation of the group-level quarterly trajectory.
Research and educational content only. Not investment advice.