Latest news with #SanseraEngineering
India.com
4 days ago
- Automotive
- India.com
Meet Man who owns India's oldest Ferrari, gets His supercar delivered to his office in…, he is not Mukesh Ambani, Gautam Adani, Birla, his name is…
Meet Man who owns India's oldest Ferrari, gets His supercar delivered to his office in..., he is not Mukesh Ambani, Gautam Adani, Birla, his name is... New Delhi: Over the past 10–15 years, India has emerged as a hub for unicorns and prominent entrepreneurs. The luxurious lifestyles of these successful businessmen are often showcased on social media. Lately, there has been a noticeable trend of entrepreneurs purchasing exotic and high-end cars. Young entrepreneurs often gravitate towards supercars and sporty SUVs while older businessmen typically prefer luxurious and comfortable SUVs. However, in a unique instance, a video has surfaced showing an older businessman taking delivery of a brand-new Ferrari Purosangue right at his office. M. Hemanth Kumar shared the video on his Instagram page where an older businessman can be seen coming out from his office in Karnataka. The businessman in the video is Sekhar Vasan, who is the Managing Director of Sansera Engineering, an engineering-led integrated manufacturer of complex and critical precision components for the automotive and non-automotive sectors. Vasan can be seen surrounded by staff and family members. As he walks ahead, he is greeted by a staff member from the Ferrari dealership. After handing over the keys to the car, Vasan gets into the driver's seat and takes the car for a spin. In this video, we even see him drive the car on the road and then bring it back to the office. The car featured in the video is a particularly special Ferrari — it's the brand's first-ever SUV to enter production. Launched in India last year, it comes with an ex-showroom price tag of approximately ₹10.5 crore. The Ambani family was among the first to purchase it soon after its debut.
Business Upturn
4 days ago
- Automotive
- Business Upturn
Nomura maintains buy on Sansera Engineering, trims target to Rs 1,643 on near-term margin view
By News Desk Published on May 29, 2025, 07:31 IST Nomura has maintained its Buy rating on Sansera Engineering, though it has cut the target price to ₹1,643 from ₹1,669. The brokerage remains optimistic on the company's long-term prospects, projecting a robust 36% EPS CAGR over FY25–27, driven by a strong push in non-automotive segments. The Q4 margins were in line with expectations, according to Nomura. It expects Sansera's diversification efforts to gain momentum, particularly in ADS (Advanced Driving Systems) and aluminium forging verticals, as the company continues to reduce dependency on the auto sector. Nomura noted that the growth trajectory is set to improve, led by expanding contributions from the non-auto business, which could provide stability and incremental profitability in the coming quarters. Disclaimer: The views expressed are those of the brokerage firm and do not constitute investment advice by Business Upturn. News desk at
Business Standard
5 days ago
- Business
- Business Standard
Sansera Engineering consolidated net profit rises 28.68% in the March 2025 quarter
Sales rise 4.80% to Rs 781.65 crore Net profit of Sansera Engineering rose 28.68% to Rs 59.27 crore in the quarter ended March 2025 as against Rs 46.06 crore during the previous quarter ended March 2024. Sales rose 4.80% to Rs 781.65 crore in the quarter ended March 2025 as against Rs 745.85 crore during the previous quarter ended March 2024. For the full year,net profit rose 15.83% to Rs 215.16 crore in the year ended March 2025 as against Rs 185.76 crore during the previous year ended March 2024. Sales rose 7.30% to Rs 3016.75 crore in the year ended March 2025 as against Rs 2811.43 crore during the previous year ended March 2024. Particulars Quarter Ended Year Ended Mar. 2025 Mar. 2024 % Var. Mar. 2025 Mar. 2024 % Var. Sales 781.65745.85 5 3016.752811.43 7 OPM % 16.2517.03 - 17.0617.07 - PBDT 127.78104.71 22 465.80405.78 15 PBT 80.9365.00 25 292.00256.30 14 NP 59.2746.06 29 215.16185.76 16
