Analysts/Institutional Investor Meet/Con. Call Updates

AI summary - Consolidated Q2 FY27 revenue grew 50.7% y-y to INR125.93 Cr; EBITDA margin 13.21% vs 14.8% last year - Order book increased 30.3% since FY26 start to INR226.79 Cr, strong across heavy engineering, wear plates, welding consumables - Margin pressure from raw material, energy, logistics costs; price increases passed to customers; margin recovery expected by Q4 FY27 - Capacity expansion nearing completion; phased ramp-up to improve operational efficiency and support growth - New product development ongoing; railways loco shell qualification achieved; exploring defence sector opportunities - Export markets expanding with new countries added; subsidiaries in Abu Dhabi, Turkey stabilizing - Management confident of 20-25% revenue growth for next 3-5 years; margin normalization expected within 2 quarters - Multiple analyst queries on margin trajectory and order book conversion timelines; management expects stable performance - EPS for H1 FY27 at 7.84%; standalone revenue up 35.16% in Q2; focus on profitable growth and working capital efficiency