Small-Cap company starts FY24 with a healthy order book of Rs 1,328 crore, Clocks highest ever annual total income of Rs 2,356 crore in FY23; rewards investors with stellar dividend!
The stock is up by 5 per cent in 1 month and 10 per cent in just 1 year.
Sansera Engineering Ltd unveils quarterly and annual results, accompanied by investor's presentation for FY 2022-2023: Here's the breakdown:
Quarterly Results: The net sales increased by 7.36 per cent, and the net profit decreased by 5.19 per cent, with an EPS of Rs 7.05 in Q4FY23 over Q4FY22.
Annual Results: The net sales increased by 17.56 per cent, and the net profit increased by 12.47 per cent, with an EPS of Rs 28.38 in FY23 over FY22.
Additionally, within a span of only one year, the company has successfully secured orders totalling Rs 1,327.9 crore. Impressively, in the month of March 2023 alone, the company received an order worth Rs 89.1 crore.
Additionally, the Board of Directors has put forth a recommendation for a dividend of 125 per cent, which amounts to Rs 2.50 per equity share. This dividend is applicable for the financial year 2022-2023 and is based on the face value of Rs 2 per share.
DSIJ offers a service 'Tiny Treasure' with recommendations for Small-Cap stocks based on research and analysis to help subscribers make informed investment decisions. If this interests you, then do download the product details pdf here
On Tuesday, shares of Sansera Engineering Ltd plunged 0.01 per cent to Rs 779.60 per share with an intraday high of Rs 798 and an intraday low of Rs 752.45. The shares of the company saw a spurt in volume by more than 1.59 times on BSE.
Sansera Engineering Ltd manufactures iron and steel forging products. The company produces and distributes rocker arms, gear shifter forks, shafts, and crankshaft assemblies for the automotive and aerospace industries.
The stock is up by 5 per cent in 1 month and 10 per cent in just 1 year. Investors should keep an eye on this small-cap stock.