Analysts/Institutional Investor Meet/Con. Call Updates

AI summary - Q1 FY27 revenue grew nearly 50% YoY; wiring harness up 44.6%, non-wiring harness 67.7% - EV revenue grew 79%, now 27% of total revenue (up from 24% last year) - EBITDA margin improved 110 bps QoQ to 15%; margin guidance 15%-16% for FY27 - Multilink acquisition integration ongoing; expected 25%-30% growth with margins in line - Strong EV powertrain presence; battery pack assembly expanding with new customers - Ride Vision JV progressing for ADAS two-wheeler products; regulatory-driven adoption expected - IPO proceeds funding capacity expansion adding 15%-20% capacity this year - Copper is 20%-23% of BOM; price pass-through with ~3-month lag - Content per EV vehicle 1.5x-4x ICE; capacity utilization managed for seasonal demand - Net debt Rs 220 Cr at Q1 end; cash surplus post IPO equity infusion expected