General Updates

AI summary - Q1 FY27 revenue grew 39% YoY to INR 4,311 Mn; EBITDA margin 8.98%, down 34 bps YoY - PAT grew 27% YoY to INR 268 Mn; PAT margin contracted 58 bps YoY - EBITDA margin decline due to higher employee costs for new manufacturing facility - Finance costs increased due to working capital for new sales office and manufacturing facility - Growth strategy includes in-house manufacturing in Hyderabad and expansion in Southern India - Product portfolio diversification with increased design team and new categories - Strong customer base with 373 customers across 13 states and 1 UT - Operational revenue mix: 99% processing & manufacturing, 0.89% job work - Job work volume and revenue increased YoY, supporting asset-light model