San Engineering Unlisted Share Price

About SAN ENGINEERING AND LOCOMOTIVE COMPANY LIMITED Unlisted Shares

San Engineering is a leading manufacturer of locomotives, power packs, gearboxes, Cardan shafts, and a variety of innovative and technologically superior rail products. SAN has earned distinction for designing products that help companies achieve their productivity goals and keep the cost of ownership low.

San offers a complete range of locomotives, diesel-hydraulic and diesel-electric, power packs for overhead equipment cars, self-propelled vehicles, cranes, and many others.

The company’s portfolio of gearboxes has found wide application across industries; whether it is the battle tank, the sugar crusher, the steel mill, conveyors, the cement plant, or the power plants. San products have been used either in their production, maintenance, or other applications.

 INCORPORATION DETAILS

BOARD OF DIRECTORS

Mr. Milind S Thakker

Mr. Inder Mahadevan

Mr. Jasjiv Sahney

Mr. Apparao Mallavarapu

Mr. Udayant Malhotra

Mr. Ramanathan Narayanan

Shareholders holding more than 5 % shares in the company as of 31 March 2024

SUBSIDIARY COMPANIES

• M/s San Motors Ltd
• M/s San Rolling Stock Services Ltd

INDUSTRY OUTLOOK

The global locomotive market is anticipated to register a CAGR of about 3% during the forecast period (2020 - 2025).

Rapid urbanization, traffic congestion, growing environmental concern, and increasing technological advancements, are expected to fuel the demand for locomotives in the forecast period. The market is witnessing the active participation of governments to develop the railway as the cheapest and safest means of transportation more comfortable.

In the current market scenario cars, hybrid technology of electric locomotives and electric multiple units (EMUs) are equipped with regenerative braking technology that converts the kinetic energy of the train during its braking into power that is being injected back into the overhead lines which can be further used by other trains circulating on the same route, reducing overall electricity demand.

For achieving zero wheel-to-wheel emission many locomotive manufacturers are coming up with new propulsion technologies locomotives such as hybrid diesel-electric batteries, completely battery-electric, and hydrogen fuel cells. For instance, in 2018, CRRC corporation signed a framework agreement with Deutsche Bahn Group of Germany to export 20 hybrid shunting locomotives. With a maximum speed of 100km/h, this locomotive is a combination of third-rail, diesel, and a lithium-titanate battery hybrid electric transmission. Bombardier’s Talent 3 locomotive currently has a battery range of 40 km only but the company's future target is to increase it up to 100 km. Another example is Siemens' Cityjet eco which is a battery-electric train for shorter routes that is being adopted in Austria under the plan of Austrian Federal Railways Update Fleet Strategy 2035 to achieve zero-emission traction across its fleet by 2035.

When all other modes of transport are turning to electric, rail is already the most electrified mode of transport although it still expanding in most countries. For instance, according to International Energy Agency in India, the electrified share of the rail network increased from 24% in 2000 to 38% in 2017. In total 22 terawatt-hours (TWh) electricity demand of India, Indian trains account for around 2% of electricity in 2017, where electricity is used for both passenger and freight services. In passenger services, all metros are electrified, while 54% of conventional rail uses electricity.