Analysts/Institutional Investor Meet/Con. Call Updates

AI summary - Q2 FY27 revenue grew 60% y-y; wiring harness up 44.6%, non-wiring harness 124% - EV revenue grew 108%, now 31% of total sales (up from 27% in Q1) - Organic adjusted EBITDA margin steady at 15.2%, reported margin 14.3% including ESOP and Multilink - CAPEX guidance increased to Rs 750 Cr for FY27 due to strong growth and capacity expansion - Multilink integration expected to improve margins by April 2027 - FY27 growth guidance revised up from 30% to 40-45% - Five new plants to be operational in next 12 months including wiring harness and battery manufacturing - Commodity price pass-through ongoing; margin guidance maintained at 15-16% - Export growth expected at 10-15% annually for next 3 years - Working capital receivables expected to normalize to 45-55 days