Sansera Engineering Limited has informed the Exchange about Investor Presentation
March 29, 2023
The National Stock Exchange of India Ltd Exchange Plaza, C-1, Block G Bandra – Kurla Complex Mumbai 400051
The Department of Corporate Services
BSE Limited,
P.J. Towers, Dalal Street Mumbai 400001
Scrip Symbol: SANSERA
Scrip Code: 543358
Dear Sir/ Madam
Subject: Investors Presentation
Please find attached a copy of Investors Presentation on strategic investment duly approved by the Board of Directors at its meeting held today.
Kindly take the same in your record.
Thanking you. for Sansera Engineering Limited
Rajesh Kumar Modi Company Secretary M.No. F5176
SANSERA ENGINEERING LIMITED (Formerly Sansera Engineering Pvt Ltd) Reg Off: No. 143/A, Jigani Link Road, Bangalore-560 105, India, Tel: +91 80-27839081/82/83. Fax: +91 80-27839309 E-mail id: info@sansera.in Website: www.sansera.in CIN: L34103KA1981PLC004542
Strategic Investment in
MARCH 2023
Safe harbour
This presentation and the accompanying slides (the “Presentation”), which have been prepared by Sansera Engineering Ltd. (the
“Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to
purchase or subscribe for any securities, and shall not form the basis or be relied on in connection with any contract or binding commitment
whatsoever. No offering of securities of the Company will be made except by means of a statutory offering document containing detailed
information about the Company.
This Presentation has been prepared by the Company based on information and data which the Company considers reliable, but the
Company makes no representation or warranty, express or implied, whatsoever, and no reliance shall be placed on, the truth, accuracy,
completeness, fairness and reasonableness of the contents of this Presentation. This Presentation may not be all
inclusive and may not
contain all of the information that you may consider material. Any liability in respect of the contents of, or any omission from, this
Presentation is expressly excluded.
This presentation contains certain forward looking statements concerning the Company’s future business prospects and business
profitability, which are subject to a number of risks and uncertainties and the actual results could materially differ from those in such forward
looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding
fluctuations in earnings, our ability to manage growth, competition (both domestic and international), economic growth in India and
abroad, ability to attract and retain highly skilled professionals, time and cost over runs on contracts, our ability to manage our international
operations, government policies and actions regulations, interest and other fiscal costs generally prevailing in the economy. The Company
does not undertake to make any announcement in case any of these forward looking statements become materially incorrect in future or
update any forward looking statements made from time to time by or on behalf of the Company.
2
Strategic investment in MMRFIC Technology Pvt Ltd (Bengaluru)
Deal Size
Deal Contours
Acquisition of:
› 1,49,250 CCPS of Rs.100/- each with a premium of Rs. 1240/- per
CCPS; and
› 17 Equity Shares of Re 1/- each with a premium of Rs. 599/- per
INR 200 Mln
share
MMRFIC is a Research, Design and
~21% stake based on projected
FY24 EBITDA
Sansera has right to invest and increase stake up to 51% at a
predefined valuation formula
Key financial highlights
Manufacturing entity, building sub-
systems for next generation Radars by
leveraging machine learning with
artificial intelligence and, mm-Wave
Sensors with hybrid beam forming
capabilities
Estimated Revenue in FY24 INR 200 Mln
Current Order Book deliverable Q1 FY24 >INR 110 Mln Expected Order in Q2/Q3 >INR 150 Mln
Healthy profitability track record
3
Strategic investment in MMRFIC Technology Pvt Ltd
Enter into high technology space and have access to a strong R&D and engineering team which can address our priority market segments viz., Defence and Aerospace. It also has the potential in the Telecom (5G) and the Automotive (autonomous driving – subsystems) technologies to be exploited in future.
Investment Rationale
Have access to world-class technologies
Grow this Company to be a significant player in its sectors with a further investment if required
4
Group CEO’s Message
Commenting on the Strategic Investment Mr. B R Preetham Group CEO, Sansera Engineering Limited said,
“I am very pleased to inform you that we have signed a definitive agreement for a strategic investment in MMRFIC
Technology Private Limited (MMRFIC). Diversification and collaborations have been an integral part of our journey
since the very beginning. This transaction provides an opportunity to reinforce this strategy by increasing the pie of
our non-ICE offerings. Further, it is a testimony of our commitment towards our emerging Aersopace and Defence
business. With MMRFIC’s niche technology, we will create a product portfolio for AatmaNirbhar Bharat.
MMRFIC’s team of experts and years of R&D experience in the Radars space sets it apart and made a compelling
investment case for us. This transaction will help us take a leap in futuristic technologies.
Mr. B R Preetham Group CEO
Over the years, Sansera has successfully demonstrated very strong technological competences and an outstanding
ability to serve large customers with excellence. The strategic investment in MMRFIC will help Sansera enter into high
technology space and have access to a strong R&D and engineering team which can address our priority market
segments viz., Defence and Aerospace.
It also has the potential
in the Telecom (5G) and the Automotive
(autonomous driving – subsystems) technologies in future. Sansera’s market positioning and future investments will
help MMRFIC to be a significant player in its sectors.
MMRFIC’s day-to-day business and operations will continue to be managed by its existing management team, which
has successfully led the company to this stage.”
5
Pioneer of GenNext Wireless
C I F R M M
” s t i B o
t
a n n e t n A “
Fabless semiconductor startup based out of India
› 8+ years Profit making Venture
› 9 US Patents (Global) Granted
› Highly Qualified team for mm-Wave, RF, Digital Systems with
product delivered up-to 110 GHz
Focused on mm-Wave Products for wide range of markets
› Next-Gen Radars with Hybrid Beamforming & AI
› Advanced Communication Technology targeting 5G
› Wireless connectivity solutions for Healthcare
› Reliable products for Defence Radar applications
› Potential in Telecom, Security and Autonomous driving - subsystems
6
MMRFIC Journey: A Brief
MMRFIC has key Expertise in RF & mm-Wave.
Design and Develop End to End Systems (“Antenna to Bits”)
Delivered products up to 110GHz ( W Band ).
Developed IC’s and also worked on COTS for developing various products.
Experts in Hybrid, Digital & Analog Beamformers.
MMRFIC has 9 global patents granted and many more are in pipeline.
MMRFIC’s is further expanding in IC’s Packaging design, Manufacture & Assembly.
W Band LNA Module (Single Function) 2017-18
W-Band IC 2016-17
Complete Radar 2020-22
Exciter Module (Multi Function) 2018-19
7
Radar Products
mmW – Seeker
Surveillance Radar
Defence Radar
› Small Size › High Resolution Radar › R&D : 2017 › Prototype : 2020 › Module PO : 2021-22 › Production : 2024-26
› Small Size › High Resolution Radar › R&D : 2019-20 › Prototype : 2021-22 › 2 Additional Products › Drone Detection › Altimeter
› Wide Band Radar › Used for Sensing and Jamming › R&D : Ongoing
› Started : 2020
8
MMRFIC Team
Saravana G
Founder, CEO & CTO
23+ yrs Exp
Ex-Texas Instruments
Ravi V
Co-founder & COO
20+ yrs Exp
Ex-Texas Instruments
Dharmendra Nayak
Manager-Business
Development & Hyderabad
Branch Head
15+ yrs Exp
Dr Sanjeev G
Prasad S
Sivakumar
Engg-Director : AI/Software
Engg-Director : Hardware
Principal Staff – Mechanical
18+ yrs Exp
PhD from IISc, Bangalore IEEE,
Senior Member
27+ yrs Exp
Ex D’gipro, WiwoTech IC
Package Design Expert
Design
30+ yrs Exp
Ex-DRDO
9
Awards
IEEE Bangalore – Technology Startup Of The Year 2019
Best Founding Team in Business World Unicorn Summit 2022
Recognized for its Business Model
10
Thank You
For more information please contact: Company:
Sansera Engineering Limited CIN: L34103KA1981PLC004542 Mr. Rajesh Kumar Modi, Company Secretary & Compliance Officer Email id: rajesh.modi@sansera.in
Investor Relations Advisor:
Strategic Growth Advisors Pvt Ltd. CIN: U74140MH2010PTC204285 Shikha Puri / Dharmik Kansara Email id: shikha.puri@sgapl.net / dharmik.k@sgapl.net Tel No: +91 9819282743 / +91 7208179323