Analysts/Institutional Investor Meet/Con. Call Updates

AI summary - Q2FY27 standalone revenue 312cr +52% y-y; EBITDA 40cr +63% y-y; PAT 23cr +77% y-y - BTS revenue +84% y-y in Q2; order book 959cr +47% y-y; key wins in electronic warfare and air navigation - EMS revenue +41% y-y; strong semiconductor equipment demand; 3 new marquee customers added - Supply chain bottlenecks in memories, PCBs, MLCCs extend lead times and increase costs - Medium-term revenue growth guidance maintained at 25%-30%; EBITDA margin target 12.5%-13% - Working capital improved; inventory rise partly covered by 50% customer prepayments - Capex planned for new BTS facility with system-level capabilities and satellite assembly - Export BTS order of 30cr for electronic warfare subsystem; repeat orders expected - Semiconductor segment expected to grow to $45-50m annual run rate in 2 years - Management confident in medium and long-term growth driven by BTS and EMS segments