Analysts/Institutional Investor Meet/Con. Call Updates

AI summary - Q2 FY27 revenue grew 17% y-y; EBITDA up 28%, margin improved to 16.3% - India market outperformed with 52% revenue share; North America showed strong growth - Europe industrial business grew y-y; portables in Italy muted due to economic downturn - Price hikes ongoing due to rising metal commodity costs; full impact expected by Q3 FY27 - Europe expected to be marginally profitable in FY27; Australia recovery on track by Q4 - Oil-free compressors demand strong from pharma, food processing; separate sales vertical - MK2 campus phase 1 operational; diesel machine move completes by Q1 CY28 - Vayu brand for low-cost compressors on track; 35% geography coverage by Sep, full by Jan-Feb - Tariff refund of ~Rs 40 Cr partly recognized in Q2; balance in inventory - IT costs up due to cybersecurity, CRM, consolidation; legal fees stable - Management focused on cost reduction initiatives to offset commodity inflation by Q4 FY27