Transcript of earnings call held on 14 August, 2026

AI summary - Q1 FY27 revenue INR690 Cr +129% y-y; EBITDA INR85 Cr +172% (12.3% margin); PAT INR58.5 Cr +191% (8.5% margin) - Operating leverage evident as profit growth outpaces revenue growth - FY27 revenue guidance INR4,300-4,500 Cr; margin guidance 11-13% depending on metal prices - Capacity expansions: 2 aluminum corrugation lines, 2 medium voltage lines commissioning FY27; 6th CCV line by Dec 2027 - Order book INR3,688 Cr with strong medium voltage focus; monthly order inflow INR275-325 Cr - Data center cable sales targeted at INR750 Cr in FY27, INR1,500 Cr in FY28 (20% of cable revenue) - Export team building; first export orders expected Q3/Q4 FY27 targeting Europe and US - Utilization expected to rise to 40-52% in FY27 and ~60% in FY28 - Net worth positive post QIP; INR1,614 Cr raised, used for capex, working capital, and promoter debt repayment - Challenges include metal price volatility and working capital needs; focus on automation and AI for efficiency