Analysts/Institutional Investor Meet/Con. Call Updates

AI summary - Q1 FY27 standalone revenue grew 26.8% y-y to INR170.5 Cr; EBITDA up 32.1% y-y to INR64 Cr; EBITDA margin expanded to 37.6% from 36.1% - PAT grew 21.2% y-y to INR36.4 Cr with margin of 21.3%; consolidated revenue INR172.6 Cr, EBITDA INR64.4 Cr, PAT INR35.2 Cr - India's first indigenous expendable turbojet engine delivered; production scale-up expected after testing in 4-6 weeks - New 7,600 sqm Baker Hughes facility operational; multi-facility expansion progressing with full production ramp expected from Q3 FY27 - Long-term revenue growth guidance reiterated at over 25% annually with strong margin profile - Working capital days targeted to reduce from ~170-180 to 160-180 by H2 FY27 - Capex for FY27-29 planned to support contracts; next phase capex under internal review for post-FY29 growth - Talent development ongoing with 150-200 hires monthly undergoing training to build skilled workforce - Natural hedge via foreign currency loans and bill discounting expected to cover export receivables by Q4 FY27