Sansera Engineering Ltd (SANSERA) — share price & stock analysis

Market cap

₹19,751 Cr

P/E

58.7×

ROE

11.5%

vs own history (since 2021)

highest ever

Book value / share

₹495

EPS (TTM)

₹53.9

10-yr median P/E

33.3×

Revenue (FY26)

₹3,498 Cr

Profit after tax (FY26)

₹327 Cr

Weinstein stage

Stage 2 (52 weeks)

Data as of

1 July 2026

5 of the 6 things we track are currently moving the right way — nearly everything is pulling in the same direction.

Where the levels actually stand: ROCE 14% — decent; effectively no debt; margins mid-band. Momentum says which way things are moving; these say where they are.

Read this number for what it is: it measures the DIRECTION of change, not the quality of the business. A mediocre business getting better scores high here; a great one having a soft quarter scores low. Profit, sales and margins count double.

The market has pre-paid for growth that hasn’t arrived yet

Since Nov 2021, the stock is up 286% while earnings per share grew 135%. The difference is re-rating — investors paying more for the same rupee of profit.pricettm_eps

That works until it doesn’t: from here, earnings have to do the lifting, because the multiple has already done its part.

Today’s P/E of 58.7× is about the most expensive this stock has ever traded against its own history since 2021.pe_ratio

Price is the weekly close (₹). EPS is trailing-twelve-month profit per share, anchored on Screener's own snapshots; between snapshots it is filled from price ÷ P/E (an exact identity), and any fill straying more than 18% from the neighbouring snapshots is dropped rather than shown. The lower panel is the P/E — what the market pays per rupee of profit; the dotted line is its long-run median (33.3×).

An uptrend that has held for 52 weeks

Every stock cycles through the same four seasons — a flat base (stage 1), an advance (2), a top (3), a decline (4). Right now this one is in Stage 2: advancing, 52 weeks in, confirmed.stage

The price sits above its rising 200-day average (₹2,166 today) and its strength against the index is still improving — trends like this persist more often than they reverse, which is why the system rides them instead of guessing the top.dma_200

Beating NIFTY 500 for 48 weeks — relative strength is the market’s live opinion, and right now it is on this stock’s side.rs_mansfield

What would end it: two Friday closes in a row below the 200-day line. That is the house exit rule — mechanical, no debates.dma_200

7 of the last 10 years ended with profits higher — quiet, steady compounding

Over 10 years, sales went from ₹836 Cr to ₹3,498 Cr (about 15% a year), and profit from ₹72.0 Cr to ₹327 Cr.revenuenet_profit

Margins took a round trip — down to 15.6% in FY20, back to 18.1% now. The profit growth survived the squeeze.operating_profit

Sales jumped 28% last quarter — growth every single quarter for over 2 years

Mar 26 sales were ₹999 Cr, up 28% on the same quarter last year.revenue

That makes 11 quarters of growth in a row — this is a trend, not a blip.revenue

Margins are widening — 16% → 19% in a year

Of every ₹100 of sales, the company keeps ₹19.3 as operating profit (a year ago it kept ₹16.3).opm_pct

The gross margin barely moved (57% → 58%), so the change came from running costs — the business is getting more efficient as it scales.gpm_pctopm_pct

Profit exploded 109% — mostly from selling more

Mar 26 profit after tax was ₹123 Cr, up 109% year on year.net_profit

A caution: a meaningful slice of this jump came from income outside the core business — that is lower-quality profit and may not repeat.other_income

The profits are real — they turn into cash

Over the last 5 profitable years, the business reported ₹1,012 Cr of profit and collected ₹1,607 Cr of operating cash — about 159% conversion.operating_cash_flownet_profit

One asterisk on that strength: suppliers are being paid 29 days later than a year ago (107 → 136 days). Cash flattered by stretching payables is real cash — but it is borrowed timing, not extra earning power.payable_days

The cash cycle is stable

One rupee now takes about 98 days to go out the door as materials and come back as collected cash.cash_conversion_cycle

The biggest mover: suppliers being paid later (107 → 136 days).payable_days

The asset base keeps compounding — this company builds

The productive asset base has gone from ₹367 Cr (FY16) to ₹2,262 Cr, with another ₹220 Cr of capacity under construction right now.fixed_assetscwip

The build is bigger than the cash engine: investing outflows (₹1,765 Cr) exceeded operating cash (₹1,138 Cr) over the last 3 years — the difference comes from debt or shareholders.investing_cash_flowoperating_cash_flow

Almost no debt — this company cannot be killed by a bad year

For every ₹100 shareholders have put in (and left in), the company has borrowed ₹19 — total borrowings have grown from ₹300 Cr to ₹591 Cr over the window.borrowings

Every ₹100 kept in the business earns ₹14 — decent, not special

Return on capital employed is 14.0% (a year ago: 13.0%). This is the single best test of business quality: what the company earns on the money it keeps.roce_pct

Promoter holding dropped in one step — an event, not a slow exit

Promoters hold 30.1% (down 4.7 points over 8 quarters). Foreign funds own 18.8%, domestic funds 35.4%.promoters_pctfiis_pctdiis_pct

The promoter move came in a single step (Dec 24) — promoters rarely buy on-market, so a jump like this is almost always an allotment, infusion or restructuring: a capital event, not a slow accumulation of conviction. Worth knowing which, before reading it as a signal.promoters_pct

Foreign funds tell the real story: they sold from 30.3% down to 15.6% (Jun 24), and have been buying back since — now 18.8%. A completed round trip like that usually means the doubts got answered.fiis_pct

The numbers earn a deeper study — and watch the one thing that matters

The numbers lean positive, and the price already assumes the good news continues.

Best thing in the data: profit rising (₹59.0 Cr → ₹123 Cr).net_profit

Biggest worry: debt moving the wrong way (0.15× → 0.19×).borrowings

One dissent worth hearing: our valuation lens reads negative — “its fair-value math says the price sits about 44% above what the numbers justify”. When a lens disagrees with the committee, it is usually pointing at the thing that breaks first.

Machine-written research from Screener data — every number traces to its source column. Sector Alpha is not a SEBI-registered investment adviser; nothing here is a recommendation to buy or sell. Not investment advice.

Straight answers from the data