Sahasra Electronic Solutions Limited · NSE:SAHASRA
Sahasra Electronic Solutions — FY2026 Earnings Presentation
43 slides from Sahasra Electronic Solutions's earnings presentation, May 28, 2026
Slide 1: Regulation 30 filing cover letter to NSE
To, Date: 28th May’2026 The Manager, Listing Department, National Stock Exchange of India Limited, Exchange Plaza, C-1 Block-G, Bandra Kurla Complex, Bandra(East), Mumbai-400051 NSE Symbol: SAHASRA Subject: Investor Presentation under Regulation 30 of the Securities and Exchange Board of India (List
Slide 2: Investor Presentation FY26 Earnings Update
Sahasra Electronic Solutions Limited INVESTOR PRESENTATION FY 26 EARNINGS UPDATE “We assemble relat ionships”
Slide 3: Contents
CONTENTS 01 02 03 04 PERFORMANCE COMPANY MOAT GROWTH SNAPSHOT OVERVIEW STRATEGY 05 06 07 HISTORICAL SELECT FINANCIAL INDUSTRY BUSINESS INFORMATION OUTLOOK PERFORMANCE
Slide 4: Executive summary – FY26 (standalone)
Executive summary – FY26 (Based on standalone financials) Revenue and profitability Return and capital Client and people vs vs Revenue from operations Return on equity (ROE) Orderbook 42% 5.8% ₹39.1 cr ₹123.6 cr YoY growth 8.3% in FY25 ₹57.5 cr in FY25 1) Return on capital employed vs Repeat busines
Slide 5: Executive summary – FY26 (consolidated)
Executive summary – FY26 (Based on consolidated financials) Revenue and profitability Return and capital Client and people vs vs Revenue from operations Return on equity (ROE) Orderbook 45% - 1% ₹ 42.2 cr ₹138.8 cr YoY growth 4.9% in FY25 ₹68.5 cr in FY25 1) Return on capital employed vs Repeat busi
Slide 6: Performance update and management commentary FY26
Business updates ▪ Majority focus towards NAND Flash Memory production with demand being at all time high due to the Memory Super Cycle as AI demand expands . Exports are driving growth with over 60 % of revenue contribution ▪ Development of other packages such as 48 TQFP 1, 68 QFN 2 and zz UDP 3
Slide 7: Revenue split across segments – FY26
Revenue split across segments – FY26 (Based on consolidated numbers) EMS 1 Memory solutions Computer and IT Semiconductor accessories +110% +51% - 62% +71% 91.6 26.3 13.6 15.7 60.5 12.5 9.2 5.2 FY25 FY26 FY25 FY26 FY25 FY26 FY25 FY26 Total Revenue contribution (%) +45% 9.6% 11.3% 3.8% 138.8 EMS 14.2
Slide 8: Revenue split across segments – H2 FY26
Revenue split across segments – H2 FY26 (Based on consolidated numbers) EMS Memory solutions Computer and IT Semiconductor accessories +63% +54% +210% - 60% 10.9 13.1 51.3 6.6 7.1 31.6 2.6 4.2 H2 FY25 H2 FY26 H2 FY25 H2 FY26 H2 FY25 H2 FY26 H2 FY25 H2 FY26 Total Revenue contribution (%) +58% 8.5% 16
Slide 9: Revenue split across industries – FY26
Revenue split across industries – FY26 (Based on consolidated numbers) Automotive Consumer electronics Healthcare +4bps +209bps +19bps 0.7% 20.2% 1.2% 18.1% 1.1% 0.5% FY25 FY26 FY25 FY26 FY25 FY26 IT and telecommunications Industrial Defence +131bps - 541bps +179bps 37.2% 38.5% 38.3% 6.6% 32.9% 4.8%
Slide 10: Revenue split across industries – H2 FY26
Revenue split across industries – H2 FY26 (Based on consolidated numbers) Automotive Consumer electronics Healthcare +1767bps - 32bps - 45bps 28.8% 1.5% 1.0% 1.1% 11.1% 0.7% H2 FY25 H2 FY26 H2 FY25 H2 FY26 H2 FY25 H2 FY26 IT and telecommunications Industrial Defence - 424bps - 1714bps +448bps 8.9% 4
Slide 11: Contents
CONTENTS 01 02 03 04 PERFORMANCE COMPANY MOAT GROWTH SNAPSHOT OVERVIEW STRATEGY 05 06 07 HISTORICAL SELECT FINANCIAL INDUSTRY BUSINESS INFORMATION OUTLOOK PERFORMANCE
Slide 12: Integrated ESDM platform with global manufacturing credentials
Integrated ESDM platform with global manufacturing credentials About Sahasra Electronic Solutions Limited Sahasra at a glance ▪ Integrated electronics system design and manufacturing company delivering end - to - end solutions across design, engineering, and large - scale manufacturing Manufacturing
Slide 13: Diversified portfolio across electronics value chain
Diversified portfolio across electronics value chain 01. Printed circuit board 02. Memory solutions assemblies (PCBA) Manufacturing and supply of enterprise and consumer memory products Core manufacturing vertical catering to automotive, medical, industrial, IT and ▪ Portfolio includes DRAM 1 module
Slide 14: Journey of expansion, integration, and innovation
Journey of expansion, integration, and innovation 2001 2005 2011 2012 2016 2023 2022 2020 2017 2024 2025 13
Slide 15: Leadership driving execution excellence and expansion
Leadership driving execution excellence and expansion Amrit Manwani Varun Manwani ▪ Designation : C hairman and managing director ▪ Designation : Non executive director ▪ Experience : More than 50 years ▪ Experience : 25 years ▪ Qualification : B.Tech from IIT Kanpur ▪ Responsibilities : Looks after
Slide 16: Diverse leadership with global expertise
Diverse leadership with global expertise India team George Paul Parvez Akhtar Khan Neha Tahir Maneesh Tiwari Director, Corporate Strategy & Director, Engineering CS & Compliance Officer Chief Financial Officer Government Relations 25+ yrs of experience 9+ yrs of experience 20+ yrs of experience 30+
Slide 17: Global presence and operational footprint
Global presence and operational footprint PENNSYLVANIA USA DELHI INDIA BRUSSELS BELGIUM NOIDA CALGARY INDIA CANADA FLORIDA USA CAMERON PARK USA MUMBAI INDIA BANGALORE INDIA BHIWADI KIGALI INDIA RWANDA Powered by Bing © Australian Bureau of Statistics, GeoNames, Microsoft, Navinfo, Open Places, OpenS
Slide 18: Advanced manufacturing infrastructure with scalable operations
Advanced manufacturing infrastructure with scalable operations Area Area UNIT 1 Noida Area 2,100 sq.mtr . UNIT 2 Bhiwadi 2,870 sq.mtr . UNIT 3 Bhiwadi ( semicon ) 6,000 sq.mtr . Capacity SMT lines Capacity SMT lines Capacity Clean rooms 6 million 4 12 million 4 60 million 10k and 100k Peak revenue 2
Slide 19: Driving Innovation for India, from India
Driving Innovation for India, from India ▪ India’s diversity brings with it a wide range of unique needs —and with that, a growing demand for India - specific products. This evolving demand, combined with the nation’s vision to become a product - led economy, presents a powerful opportunity for the
Slide 20: Global customer base with deepening relationships and growing orderbook
Global customer base with deepening relationships and growing orderbook Well - spread revenue base across multiple geographies, supporting stability and long - term growth Operational snapshot 15 Presence across countries 140 Active customers 55.8% Revenue from exports 55.6% Top 5 customer concentra
Slide 21: Sahasra Group - Corporate structure and proposed merger
Sahasra Group - Corporate structure and proposed merger Group structure and business areas Share swap ratios Merger impact on SESL’s shareholding SEPL : SESL 2 26 : 100 Pre - merger Entity Role Business description Promoter 69.9% Public 30.1% ITPL : SESL 5 : 100 Manufacturing & assembly of Post - me
Slide 22: Contents
CONTENTS 01 02 03 04 PERFORMANCE COMPANY MOAT GROWTH SNAPSHOT OVERVIEW STRATEGY 05 06 07 HISTORICAL SELECT FINANCIAL INDUSTRY BUSINESS INFORMATION OUTLOOK PERFORMANCE
Slide 23: Core competitive strengths (1/2)
Core competitive strengths (1/2) Diversified portfolio solutions across value chain ▪ End - to - end capabilities spanning PCB assembly, wire harness, box build, IT hardware and design solutions ▪ Ability to serve diverse industries including automotive, medical, industrial and consumer ▪ Continuous
Slide 24: Core competitive strengths (2/2)
Core competitive strengths (2/2) Diversification into high - value semiconductor segment ▪ Strategic entry into semiconductor packaging through subsidiary acquisition ▪ Capabilities across memory devices, IC packaging and advanced components ▪ Enhances backward integration and long - term margin pot
Slide 25: Contents
CONTENTS 01 02 03 04 PERFORMANCE COMPANY MOAT GROWTH SNAPSHOT OVERVIEW STRATEGY 05 06 07 HISTORICAL SELECT FINANCIAL INDUSTRY BUSINESS INFORMATION OUTLOOK PERFORMANCE
Slide 26: Strategic priorities to drive scalable growth
Strategic priorities to drive scalable growth 01 02 03 04 05 Diversification across Strategic expansion Market expansion and Capacity expansion Inorganic growth high - growth product into semiconductor geographic and technology and strategic segments ecosystem diversification investments partnership
Slide 27: Contents
CONTENTS 01 02 03 04 PERFORMANCE COMPANY MOAT GROWTH SNAPSHOT OVERVIEW STRATEGY 05 06 07 HISTORICAL SELECT FINANCIAL INDUSTRY BUSINESS INFORMATION OUTLOOK PERFORMANCE 26
Slide 28: Historical business performance (1/2) – standalone
Historical business performance (1/2) (Based on standalone financials) Profit after tax (PAT) 1 Revenue from operations EBITDA 123.6 35.3 101.2 86.8 33.2 18.8 19.7 9.7 8.3 FY24 FY25 FY26 FY24 FY25 FY26 FY24 FY25 FY26 Gross profit margin EBITDA margin PAT margin 34.9% 47.5% 32.9% 31.9% 32.5% 15.2% 11
Slide 29: Historical business performance (2/2) – standalone
Historical business performance (2/2) (Based on standalone financials) Return on equity (ROE) Debtor days Inventory days 178 168 112 82.1% 96 80 100 5.8% 8.3% FY24 FY25 FY26 FY24 FY25 FY26 FY24 FY25 FY26 Return on capital employed (ROCE) Cash conversion cycle Net debt to equity ratio 156 80.7% 149 0
Slide 30: Historical business performance (1/2) – consolidated
Historical business performance (1/2) (Based on consolidated financials) Profit after tax (PAT) 1 Revenue from operations EBITDA 138.8 12.1 18.2 95.8 7.5 - 2.3 FY25 FY26 FY25 FY26 FY25 FY26 Gross profit margin EBITDA margin PAT margin 8.7% 13.1% 31.7% 30.4% 7.9% - 2.4% FY25 FY26 FY25 FY26 FY25 FY26
Slide 31: Historical business performance (2/2) – consolidated
Historical business performance (2/2) (Based consolidated financials) Return on equity(ROE) Debtor days Inventory days 4.9% 208 103 168 93 - 1.0% FY25 FY26 FY25 FY26 FY25 FY26 Return on capital employed(ROCE) Cash conversion cycle Net debt to equity ratio 140 3.0% 115 0.2 0.2 0.4% FY25 FY26 FY25 FY2
Slide 32: Contents
CONTENTS 01 02 03 04 PERFORMANCE COMPANY MOAT GROWTH SNAPSHOT OVERVIEW STRATEGY 05 06 07 HISTORICAL SELECT FINANCIAL INDUSTRY BUSINESS INFORMATION OUTLOOK PERFORMANCE
Slide 33: Income statement (standalone)
Income statement (Based on standalone financials) ₹ crore unless otherwise mentioned Particulars H2 FY25 H2 FY26 YoY Change FY24 FY25 FY26 YoY Change Revenue from operations 45.6 69.4 52% 101.2 86.8 123.6 42% Cost of materials consumed, including finished goods and WIP 35.3 43.5 23% 53.1 59.1 83.4 4
Slide 34: Balance sheet (standalone)
Balance sheet (Based on standalone financials) ₹ crore unless otherwise mentioned ₹ crore unless otherwise mentioned Assets FY24 FY25 FY26 Equity and Liabilities FY24 FY25 FY26 Equity capital 18.9 25.0 25.0 Non - current assets Other equity 42 201.8 221.5 Property, plant and equipment 13.3 29.6 31.0
Slide 35: Cash flow statement (standalone)
Cash flow statement (Based on standalone financials) ₹ crore unless otherwise mentioned Particulars FY24 FY25 FY26 A Cash flow from operating activities Profit before tax 34.0 11.2 23.5 Add: non - cash and non - operating adj. 2.6 (0.6) (3.1) Add/(less): working capital changes (25.9) (5.6) (35.9) L
Slide 36: Income statement (consolidated)
Income statement (Based on consolidated financials) ₹ crore unless otherwise mentioned Particulars H2 FY25 H2 FY26 YoY Change FY25 FY26 YoY Change Revenue from operations 49.5 78.1 58% 95.8 138.8 45% Cost of materials consumed, including finished goods and WIP 38.2 55.6 46% 66.7 94.8 42% Employee be
Slide 37: Balance sheet (consolidated)
Balance sheet (Based on consolidated financials) ₹ crore unless otherwise mentioned ₹ crore unless otherwise mentioned Assets FY25 FY26 Equity and Liabilities FY25 FY26 Non - current assets Equity capital 25.0 25.0 Property, plant and equipment 148.3 140.0 Other equity 216.2 210.3 Total shareholders
Slide 38: Cash flow statement (consolidated)
Cash flow statement (Based on consolidated financials) ₹ crore unless otherwise mentioned Particulars FY25 FY26 A Cash flow from operating activities Profit before tax (0.4) 13.3 Add: non - cash and non - operating adj. 8.6 6.4 Add/(less): working capital changes (12.1) (31.6) Less: direct taxes pai
Slide 39: Contents
CONTENTS 01 02 03 04 PERFORMANCE COMPANY MOAT GROWTH SNAPSHOT OVERVIEW STRATEGY 05 06 07 HISTORICAL SELECT FINANCIAL INDUSTRY BUSINESS INFORMATION OUTLOOK PERFORMANCE
Slide 40: India’s electronics manufacturing ecosystem positioned for sustained growth
India’s electronics manufacturing ecosystem positioned for India EMS market by end - user sustained growth 1. Structural cost advantage 66% ▪ India offers a structurally competitive cost base, with labour costs ~40% lower than China, supporting large - scale manufacturing and sustained global invest
Slide 41: Multi-sector demand drivers and growth opportunities
Multi - sector demand drivers and growth opportunities Global market size Data centers, storage and servers Consumer and industrial electronics 1 1,285 10% CAGR ▪ AI - driven data centers are the core growth ▪ Smartphones and PCs are mature markets 969 driver, with strong demand for GPUs 1 and high
Slide 42: Safe harbor statement
Safe harbor statement Global market size (USD Bn) This presentation and the accompanying slides (the “Presentation”), which have been prepared by Sahasra Electronic Solutions Limited (the “Company’), have been prepared solely for information purposes and do not constitute any offer, recommendation o
Slide 43: Thank you
Thank you For further information, please contact: COMPANY SAHASRA ELECTRONICS SOLUTIONS LIMITED Maneesh Tiwari Chief Financial Officer maneesh@sahasraelectronics.com INVESTOR RELATIONS CONSULTANT Meeting Request Link NEOATLAS CAPITAL ADVISORY LLP Research Team Rutul Shah +91 63549 47366 +91 82002 4
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